Speculation is growing with regards to Spanish gambling firm Grupo Cirsa’s future, as a number of private equity firms are reportedly monitoring the Barcelona-based operator. This week, Bloomberg News reports that PE firms Blackstone Group and Cerebeus Capital Management, two seasoned investors in global gambling enterprises, are weighing up bids for the Spanish casino and bingo-hall operator. Furthermore, former Caesar …

Stockholm-listed online gambling firm Kindred Group Plc has strengthened its sports integrity initiatives confirming that it has joined the Sports Betting Intelligence Forum (SBIF) and further signed a memorandum-of-understanding with the Rugby Football Union (RFU). Updating the market, Kindred will work with the SBIF becoming a betting industry stakeholder in developing initiatives to ‘protect sports and prevent sports corruption’. Established in …

Leading industry affiliate publisher Better Collective, has moved to strengthen its corporate governance confirming the appointment of Petra von Rohr as a new board member. A finance and corporate communications specialist, von Rohr becomes a Better Collective corporate advisor as the company expands within new markets and bolsters its industry portfolio through M&A activity. von Rohr currently serves as Group …

Nasdaq-listed industry technology provider Scientific Games Corporation (SGC), has announced that it will open a ‘remote development centre’ in Krakow Poland to aid the growth of its SG Digital division. Updating the market, SGC governance expects to open its Krakow development centre this Q1 2018, with the new division working on all core SG digital products for its lottery, sports …

Presenting Betsson AB’s Q4 2017 quarterly update, Group Chief Executive Pontus Lindwall is upbeat with regards to his firm’s 2018 outlook, despite recent setbacks. Lindwall the former Betsson AB Group Chairman, who last September retook leadership of the Stockholm-listed enterprise, following the departure of Ulrik Bengtsson as CEO, outlines the group’s ‘restructuring plan’. Closing a turbulent 2017, in which Betsson …

Sky UK will move to expand its presence within racing, launching a dedicated ‘Sky Sports Racing’ channel in early 2019. In March 2017, Sky UK moved to acquire a controlling 51% stake in UK racing broadcaster At The Races (ATR). At the time, UK news sources reported that Sky would move to create a dedicated racing channel for its 14 …

European online gambling group Mr Green & Co (Mr Green) has declared 2017 as its ‘most successful year in business’, as the company delivers on its ‘Mr Green 2.0’ corporate expansion strategy. Reporting its fifth consecutive quarter of all-metric growth, Nordic Nasdaq-listed Mr Green breaks the SEK 1 billion mark in group revenues for 2017, recording total revenues of SEK …

The governance of GVC Holdings has today released its ‘combined prospectus’ relating to its £4 billion takeover deal of Ladbrokes Coral Plc. The deal which enters its final stages has been approved by Ladbrokes Coral governance and is set to be reviewed by the UK Competitions & Markets Authority (CMA), which this week set a 21 February deadline for industry comment. …

Stockholm-listed online gambling group LeoVegas AB has moved to expand its presence within the German market, confirming the acquisition of Malta-based firm World of Sportsbetting Ltd for €2.6 million. The strategic acquisition sees LeoVegas secure World of Sportsbetting assets which holds both a sports betting licence and casino licence in the German state of Schleswig-Holstein. Undertaking the transaction through its …