The new executive leadership team of Spanish gambling firm Grupo Codere has dismissed reports that the company is seeking to merge with main Spanish market rival Grupo Cirsa. This January, Codere announced the appointments of Vicente Di Loreto as Group CEO, supported by Norman Sorensen Valdez as Executive Chairman. The new leadership team is supported by Codere’s debt-controlling private equity …

Irish bookmaker Paddy Power has confirmed the appointment of Michelle Spillane as its new Marketing & Brand Director for the UK & Ireland. The appointment sees Spillane takeover the majority of executive duties and projects, from former Paddy Power Marketing Director Mark Singleton, who this month joined digital photo printing firm Photobox. Spillane joins Paddy Power from Irish national TV …

The governance of Eastern European gambling group Fortuna Entertainment NV has detailed that it is confident of hitting its full-year 2017 corporate guidance, following a strong end to 2017 trading. Issuing a short market update, based on its preliminary unaudited 2017 results, Fortuna entertainment expects to generate total group corporate revenues of €1.9 billion. Furthermore, the company has raised its …

Stockholm-listed industry affiliate marketing network, Catena Media continues to expand its German market footprint, confirming the acquisition of Dreamworx Online Ltd for a total consideration of €9.5 million. Updating the market, Catena governance has agreed to acquire all Dreamworx’s related assets and portals active within German sports betting, casino and financial services. German media owner Dreamworx operates high coverage websites …

Issuing a market update, Ladbrokes Coral governance has detailed that it will move to publish a ‘scheme document’ detailing full information on GVC Holdings £4 billion takeover deal (first announced 7 December). The document which aims to be published by early/mid-February will further inform stakeholders on the deals legal proceedings (Court Meeting) and notices convening at Ladbrokes Coral General Meeting. …

Seeking to develop new audiences and drive engagement with its product portfolio, French betting operator Winamax has this week launched its in-house developed broadcast channel ‘Winamax TV‘. The multi-format channel is accessible through the Winamax.fr website, and has been additionally extended to Twitch, Facebook Live, YouTube, Periscope and Molotov TV verticals. Launching Winamax TV, the betting operator stated that it …

Future pool betting systems provider Colossus Bets has confirmed the departure Myles Milston as Chief Technology Officer (CTO). Posting an announcement on Colossus Bets Linkedin page, company Founder & CEO Bernard Marantelli detailed that Milston had left the company to launch SME venture fund Globacap (Globacap.com). Marantelli thanked Milston for his contribution to Colossus Bets’ growth and enterprise, stating that …

Advertising news source Campaign Live has reported that Paddy Power Marketing Director Mark Singleton has departed the bookmaker to join digital photo printing firm Photobox (Photobox.co.uk). A six-year Paddy Power marketing veteran, Singleton has held a number of senior executive roles for the Irish bookmaker including Head of Sportsbook Marketing (2012-2015) and Head of Multichannel (2015-2016). Singleton would maintain the …

US gambling operator Caesars Entertainment is increasing its focus on winning a Japan ‘integrated resorts’ licence, forming a strategic ‘Japan Advisory Committee’. Global gambling stakeholders are closely monitoring Japan movements, as the Shinzo Abe government drafts the new ‘Integrated Resorts’ bill, allowing for Japan’s first casinos to be operated in ‘selected large-scale’ leisure complexes, which will cater for hotels, gaming …

The global payments sector is set to be shaken up, as the UK High Court has allowed New York-listed payment processor Vantiv to combine with FTSE100 payments group Worldpay Plc. Last August, leading US payment systems provider Vantiv put forward a £9.3 billion offer to merge with Worldpay, seeking to form the outright leader in servicing global payments for in-store …