The legislation of licensed sports betting, is back on the US Congress’ menu after a committee revealed the first draft of the ‘The Gaming Accountability & Modernisation Enhancement Act’, which will be referred to as the GAME Act. Proposed by the House Energy & Commerce Committee, the draft bill aims to outline federal provisions required for US states who …
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Sales slowdown hurts IGT Group’s Q1 2017 opening
Publishing its Q1 trading results, New York-listed IGT Group Plc has detailed a tough opening to its financial year, reporting declines throughout its core metrics. The gambling technology and lottery systems provider would detail a group revenue decline of 10% to $1.15 billion (Q1 2016: $1.28 billion). IGT governance detailed that the revenue decline reflected a tough comparative period, combined …
Read More »AutoGameSYS wins MundiFortuna LATAM platform contract
Latin American online gambling group MundiFortuna has selected AutoGameSYS to be its lead supplier of platform and software provisions. Confirming the deal AutoGameSYS will supply MundiFortuna.com with a lead online sportsbook platform which will have an integrated online bingo room and full service casino including live dealer games. AutoGameSYS will further act as lead supplier for MundiFortuna’s future inventory including mobile …
Read More »Ihre Consulting strengthens client services team with two new hires
Industry affiliate marketing and player acquisition agency Ihre Consulting, has added two senior hires to its operations boosting its client services team. The firm confirms the appointment of Or Katzenstein as International Affiliate Manager, who is joined by Tali Sela as Affiliate Manager. Both hires have prior industry experience, with Katzenstein having led player acquisition for Stan James and lead …
Read More »Done Deal…Fortuna closes Hattrick acquisition
Following a period of high M&A activity and corporate restructuring, Eastern European gambling group Fortuna Entertainment has confirmed that it has finalised its acquisition of Hattrick Sports Group (deal first announced February 2017). Fortuna governance has announced that its acquisition has passed all regulatory requirements, as the group expands its European market portfolio adding Hattrick assets Casa Pariurilor (Romania) and …
Read More »Bede Gaming tops security standards with ISO certification
Updating the market, industry platform and white label services provider Bede Gaming (Bede) has informed that it has been awarded the ‘ISO 27001′ certification by the International Standards Organisation (ISO). The certification recognises outstanding technology and software provisions in relation to security and data standards following a full audit undertaken by the ISO body. The platform provider gained the certification …
Read More »Post merger strategy reaps rewards for GVC Holdings
Ahead of its Capital Markets Day, FTSE-listed online gambling group GVC Holdings Plc (GVC) has announced a strong start to its 2017 trading, reporting growth across its core metrics. Powered by the strong momentum of its sports betting assets which saw an average of daily wagering of €12 million, GVC would report a 13% year-on-year rise in Q1 2017 new …
Read More »Victor Chandler starts East African adventure ‘Bet Lion’ with FSB Tech
Industry legend Victor Chandler is set to return to the business, launching new East African sports betting venture Bet Lion this coming August. Following a three-year hiatus, Chandler has partnered with betting platform provider FSB Tech to launch Bet Lion, a sportsbook which aims to be a market leader in Tanzania and Kenya. One of the biggest characters in sports …
Read More »Casino 36 secures £12 million Dudley casino project
UK gambling operator Casino 36 expands its presence within the West Midlands, by securing the rights to build a new casino property in the town of Dudley. Confirming its £12 million project, Casino 36 management informs that the operator will relocate its existing Castle Casino property from Castle Hill to a new site in Dudley. Its new Dudley property will …
Read More »RakeTech strengthens Danish arm with Pokernet.dk and Odds.dk acquisitions
Malta-based industry affiliate marketing network RakeTech Group (RakeTech) has expanded its presence and coverage within the regulated Danish online gambling market by acquiring websites Pokernet.dk and Odds.dk Detailing its acquisitions RakeTech adds poker inventory to its Danish affiliate network, acquiring leading player community Pokernet.dk. The acquisition of Odds.dk will also see RakeTech gain a number of related assets including lead …
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