Brain L Roberts the Chairman and Chief Executive of US telecoms and media giant Comcast has made a power play move for 21st Century Fox assets, challenging the agreed $52 billion deal between Rupert Murdoch and Walt Disney Co. Valued at $200 billion, Comcast the US’ largest cable operator and internet services provider is set to propose an alternative ‘all …
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Industry technology and systems provider BetConstruct continues to expand its corporate licensing provisions for the regulated Romanian betting market. Issuing a statement, BetConstruct governance confirms that it has secured a further Romania ONJN Class II licence for the distribution and servicing of retail betting systems and solutions. BetConstruct received its first Romanian market accreditation in December 2016, following the revamp of …
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The governance of London-listed betting and racing systems provider, Sportech Plc, has detailed that it will prioritise expanding its US commercial pipeline and stateside projects as the firm’s principal objectives for 2018 trading. Updating investors at Sportech’s Annual General Meeting (AGM), Group Chief Executive Andrew Gaughan detailed 2018 corporate priorities. Having an established presence within 37 US states, Sportech governance …
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Neil McArthur has issued his first keynote address as leader of the UK Gambling Commission (UKGC). Officially appointed UKGC Chief Executive in April, McArthur takes leadership of the regulator at a turning point for the UK gambling sector and its wider stakeholders. In his first address, McArthur outlines that like his predecessor Sarah Harrison, he will push for further diversity …
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The newly rebranded MRG Group (formerly Mr Green & Co) has confirmed that it has agreed to acquire Latvian online gambling firm 11.lv. Updating the market, the governance of MRG has agreed to acquire a 75% stake in 11.lv for €2.8 million cash, valuing the Latvian operator at €3.7 million. The acquisition sees MRG expand its presence within the Baltics …
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Bolsa Madrid, Spanish gambling operator Grupo Codere has confirmed the appointment of Moshe Edree as Chief Operations Officer (COO) for its Digital Gaming division. A 15-year gambling technology executive, Edree will be tasked with developing Codere’s digital vision, as the gambling group seeks to further expand within Spain and build-out its initial digital properties for the markets of Mexico and …
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FTSE100 betting group Paddy Power Betfair (PPB), has confirmed that it will create a new US-facing subsidiary, joining forces with daily fantasy sports operator FanDuel. Updating the market this afternoon, PPB governance confirms that it will merge its Betfair US division with FanDuel’s enterprise, as the company seeks to accelerate its position within the newly opened US market. The new …
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Sports games developer and audience engagement specialist InCrowd has announced that it has developed a ‘World Cup Russia 2018’ predictor game in partnership with Sky Sports UK. Teaming up with the sports broadcaster, InCrowd has launched its ‘Road to Moscow’ game available through Sky Sports mobile and desktop devices (http://www.skysports.com/roadtomoscow) The “Road to Moscow” predictor will allow fans make predictions …
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Following its ‘Capital Markets Day’, Stockholm-listed European online gambling group Mr Green & Co has announced that it has rebranded its corporate entity to ‘MRG’ (MRG Group). Corporate governance stated that the new group MRG brand reflected the firm’s fast growth profile, and better served its expanded portfolio of online gambling assets. The firm’s markets day would further see MRG’s …
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Industry affiliate marketing network RakeTech has confirmed the appointment of Annika Billberg as a new member of its Board of Directors. Advising RakeTech’s corporate strategy, Billberg is a seasoned leadership executive in media, communications and commercial development. Billberg currently serves as Chief Brand & Communications Officer for Stockholm-listed financial services and credit management firm Intrum SA. Christian Lundberg, Raketech Chairman, …
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