Presenting its H1 2017 interim results, industry games provider Yggdrasil Gaming has detailed a strong momentum to its commercial operations driven by ‘accelerated growth’ as the company has secured 24 new partner operators during the period. Updating the market, Yggdrasil governance would declare a 116% increase in corporate revenues to SEK 74 million (€7 million – H1 2016: SEK 34 …

Spanish licensed online sports betting operator Sportium (sportium.es) continues its South American expansion, announcing that it will enter the Colombian online betting market. The Ladbrokes and Grupo Cirsa Spanish joint-venture launch in Colombia follows a successful South American debut in Panama, where its services have gained a strong foothold. Speaking to Spanish media, Sportium CEO Alberto Eljarrat detailed that his …

Updating the market on its H1 2017 interim results, the governance of Stockholm-listed online gambling group Cherry AB is confident of hitting its full-year targets and corporate expectations, following a strong opening six months of trade. An enlarged Cherry would report H1 2017 group revenues of SEK 1 billion (€106 million), up 192% on like-for-like 2016’s SEK 370 million. Aided …

Updating the market, The UK Gambling Commission (UKGC) has today published its social research paper; ‘Gambling Behaviour in Great Britain 2015’. The report provides a comprehensive update on gambling trends across the UK, examining the rates of participation, at-risk gambling and problem gambling, and explores the associated characteristics and behaviours. Furthermore, the paper represents the first social update on UK …

This Saturday’s mega fight between Floyd ‘Money’ Mayweather vs ‘The Notorious’ Conor McGregor has surpassed all bookmaker expectations. Grabbing the general public’s attention, Mayweather vs McGregor looks to break all combat sports records (PPV, wagering, global audience etc…). SBC’s Bookies’ Corner details how bookmakers have approached this unique fight, regarding market pricing, public expectations, hype and rumour. Furthermore, should McGregor achieve …

The governance of London-listed industry betting and racing systems provider Sportech Plc has described the first half of 2017 as a ’transformational period’ for its business. The company which continues to expand internationally, securing new betting systems contracts in Asia, Denmark and the USA (Connecticut) would report H1 2017 period corporate revenues of £36.4 million up 5% corresponding 2016’s £34.7 …

London private equity firm Silchester has acquired a 5% stake in William Hill Plc, becoming the fourth largest shareholder of the FTSE-listed operator. Led by fund manager Stephen Butt, who is considered one of London’s top performing investors, Silchester specialises in taking ‘long-hold’ positions on businesses which it believes are undervalued. A tough two-years in which William Hill performance has …

Presenting its H1 2017 results (period ending 30 June), FTSE-listed gambling technology group Playtech Plc has declared a strong ‘cash generating’ performance recording growth throughout its core metrics combined with KPI gains across its product divisions. Driven by growth in its ‘regulated markets’ activity, combined with the strong performance of its flagship casino division (up 28%), Playtech would achieve period …

Updating the market, Australian ASX-listed gambling operator Tabcorp Holdings has confirmed the promotion of Adam Rytenskild as new Chief Operating Officer of its Wagering & Media division. Tabcorp makes the appointment in preparation for the retirement of Craig Nugent as leader of the division later this year. Since 2000, Rytenskild has served in a variety of Tabcorp group senior executive …