Ted Menmuir

Stephen Harris – bettingexpert: Insider’s edge – Melbourne Cup 2017

SBC News Stephen Harris - bettingexpert: Insider's edge - Melbourne Cup 2017

Stephen Harris, Racing Editor for leading betting player portal bettingexpert.com, tells SBC why all industry stakeholders should follow next week’s Melbourne Cup (Tuesday 7th of November), Australia’s most prestigious annual Thoroughbred horse race ___________________ The ‘Emirates Melbourne Cup’  is known worldwide as “the race that stops a nation”, and with a crowd of 100,000 certain at Flemington racetrack (plus tens of …

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Catena acquires legacy portal PokerScout.com

SBC News Catena acquires legacy portal PokerScout.com

Updating the market, Stockholm-listed industry affiliate marketing network Catena Media has informed that it has agreed to acquire legacy poker resource portal PokerScout (PokerScout.com) and all its related assets Catena management details that its latest acquisition is ‘made in connection with the passage of gaming legislation in the US state of Pennsylvania, which will open a new market for regulated …

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Güle güle – GVC sells all Turkish related assets focusing on ‘regulated market growth’

SBC News Güle güle - GVC sells all Turkish related assets focusing on 'regulated market growth'

The board of GVC Holdings has today announced that it has sold its Turkish business unit ‘Headlong Limited’ (and associated subsidiaries) to Malta-based technology group Ropso Limited. The FTSE gambling group undertakes its disposal of Headlong assets for a total consideration of €150 million (£132 million). Updating the market, GVC governance expects to conclude its Turkish asset sale by the …

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Rich revenue mix helps Scientific Games narrow Q3 2017 losses

SBC News Rich revenue mix helps Scientific Games narrow Q3 2017 losses

Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) has reported a strong Q3 2017 trading update (period ending 30 September), recording growth across all its core divisions (gaming, lottery and interactive). Updating the market, SGC governance would declare period group revenues of $769 million, representing a 7% increase on corresponding 2016’s $720 million. The firm states that it currently operating …

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Asia slowdown and bingo delivery issues see Playtech miss 2017 market forecast

SBC News Asia slowdown and bingo delivery issues see Playtech miss 2017 market forecast

Ahead of its Q3 trading update (released on 14 November), FTSE-listed gambling technology firm Playtech Plc has issued a corporate update detailing that it has experienced a slowdown in Asia and problems with the delivery of its Sun Bingo supplier contract. Updating investors, Playtech governance has detailed that the combined impacts will see the technology firm deliver annual profits 5% …

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Paddy Power Betfair – Breon Corcoran leaves ‘fine-tuned machine’ for Peter Jackson

SBC News Paddy Power Betfair - Breon Corcoran leaves ‘fine-tuned machine’ for Peter Jackson

Taking on his last investor conference call as Paddy Power Betfair CEO, outgoing leader Breon Corcoran details that PPB’s executive team has achieved its enterprise year 2 ambition of securing ‘structural advantages’ within the firm’s enlarged operations. Closing a solid Q3 performance, in which PPB governance ups its 2017 year-end guidance to an EBITDA range of £450-465 million. Corcoran details …

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Pinnacle relaunches ‘feature-packed’ eSports betting Hub

SBC News Pinnacle relaunches 'feature-packed' eSports betting Hub

Seeking to become the leading destination for eSports betting, Curacao/ Malta-licensed online sportsbook Pinnacle (Pinnacle.com) has announced the relaunch of its dedicated ‘eSports Hub’. First launched in 2015, Pinnacle’s ‘eSports Hub’ was developed as a specific portal for eSports betting consumers. Having revamped its product, Pinnacle development states that it wants to ‘raise the bar for gaming’s most dynamic sector’ Commenting …

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Group Strength…Paddy Power Betfair delivers solid Q3 2017, upping its full-year guidance

SBC News Group Strength...Paddy Power Betfair delivers solid Q3 2017, upping its full-year guidance

FTSE100 betting group Paddy Power Betfair Plc (PPB) has delivered a positive Q3 2017 trading update (period ending 30 September), prompting the group to lift its full-year earnings expectations as the company undertakes a leadership transition. A strong period sports betting performance for PPB’s online and retail divisions saw the firm record a 9% increase in group revenues of £440 …

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Mueller Time! Manafort indictment sees Paddy Power fully revise Trump Betting Hub

SBC News Mueller Time! Manafort indictment sees Paddy Power fully revise Trump Betting Hub

Monday’s indictment of former ‘Trump 2016’ campaign manager Paul Manafort on charges of 12 counts of conspiracy and international money laundering, has seen Paddy Power Politics completely revise its Trump Betting Hub. The first charges filed by Special Counsel Robert Mueller investigating ‘suspected’ collusion between Trump 2016 Campaign officials and the Russian government, has been marked as a complete market changer …

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Scout Gaming appoints Joakim Renman as commercial lead

SBC News Scout Gaming appoints Joakim Renman as commercial lead

European daily fantasy sports (DFS) solutions provider Scout Gaming continues to expand its executive management team, confirming the appointment of Joakim Renman as new Commercial Director. Renman joins Scout Gaming from Scandinavian mobile systems provider Wiraya Solutions, where he held the position of Commercial Director for the iGaming sector. A seasoned industry commercial lead, Renman has held senior business development …

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