New York-listed industry lottery and gambling systems provider IGT Group Plc (IGT) has this afternoon announced that it has secured a new $1.5 billion loan agreement which is set to mature from 2023. Updating the market and stakeholders, IGT governance informs that it will use the proceeds from the $1.5 billion loan to repay the ‘€800 million term loans maturing …
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Updating the market, leading spread betting firm Sporting Index Group has announced its full corporate rebrand aligning all of its assets under the newly formed ‘Sporting Group’ brand. Detailing changes to the media, company governance stated that the rebrand “reflects the wider group’s commitment to continue offering in-play spread betting and trading expertise’. Founded in 1992, Sporting Index is celebrating its …
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West London Championship Football Club Fulham FC has confirmed Rank Group gambling subsidiary Grosvenor Casinos as its official ‘Main Team Partner’ for season 2017/18. Agreeing terms on a two-year deal Grosvenor Casinos online brand GrosvenorCasinos.com will be displayed on the front of Fulham FC’s match day shirts. Further branding coverage will see, the grosvenorcasinos.com brand appear around Craven Cottage stadium (capacity: 25,000) …
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Updating the market, The UK Gambling Commission (UKGC) has announced the launch of its new consumer online support tool ‘Resolver’ to help players make complaints related to gambling Planned to be launched on 1 August, Resolver is a free, independent tool for consumers. It provides information about the issue the consumer wants to complain about, and support to help the …
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Presenting its Q2 2017 corporate performance, Nordic Nasdaq-listed Kambi Group Plc has detailed a “successful trading period” in which the company has strengthened its commercial pipeline with new platform partnerships. As previously noted by Kambi governance severe operating margin declines have impacted Nordic Nasdaq-listed sports betting platform supplier Kambi Group Plc’s Q2 2017 corporate performance.Despite maintaining improved group revenues of …
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Presenting its H1 2017 interim results (period ending 30 June), Stockholm-listed European online gambling operator Kindred Group Plc has reported ‘strong organic growth’ delivered through its marketing and acquisition investments. Kindred governance was pleased to announce a further consecutive interim period of corporate growth against a tough set of 2016 comparable metrics. The operator would report H1 2017 group revenues …
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Updating the market, industry bespoke betting platform provider FSB Technology (FSB) has announced that it will make Racing Post content and data available to its customer base. Moving forward Racing Post content will be published across FSB platforms, giving client users the most in-depth and informative data for UK and Irish horseracing as well as greyhounds. FSB development detailed that …
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Malta-based German facing online sports betting operator Wetten.com has confirmed the appointment of Diane Dalli as its new Group Chief Financial Officer (CFO). An industry finance veteran, Dalli joins Wetten.com from industry gaming platform and systems provider EveryMatrix, where she held the position of CFO (2015-2017). Dalli holds further industry executive experience having senior fianance positions at Evolution Gaming and …
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Updating the market, Playtech betting subsidiary Playtech BGT Sports (PBS) is gearing up for a critical new European football season detailing that it has enhanced its Self-Service Betting Terminal (SSBT) capabilities. Ahead of season’s kick off, PBS has added new dynamics to its terminals including a new ‘Goalscorer Coupon’, as well as ‘Asian Handicap’ betting lines for the first time, with …
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The Coingaming Group, which operates popular bitcoin-led betting brands including Bitcasino.io and Sportsbet.io, has made a series of senior appointments to bolster its marketing and sportsbook teams. Olga Kikas and Ralph Clark have been appointed as Head of Marketing and Head of Business Intelligence respectively across the wider Coingaming Group. Under the Sportsbet.io brand, Dominic Hardcastle has been hired as …
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