Ted Menmuir

Solid start to 2017 sees Sportech expand corporate footprint in Asia & USA

SBC News Solid start to 2017 sees Sportech expand corporate footprint in Asia & USA

The governance of London-listed racing technology and betting systems provider Sportech Plc has declared a solid start to 2017 (Q1: January – March) in-line with corporate expectations. Updating investors ahead of its annual AGM, Sportech discontinues accounting the performance of its Football Pools division having agreed to sell the asset to London private equity firm OpCapita for £83 million last …

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GVC exits ‘unworkable’ Czech Republic market

SBC News GVC exits 'unworkable' Czech Republic market

FTSE-listed online gambling group GVC Holdings will not pursue operator licensing for the regulated Czech Republic online gambling market. Sending a communication to Czech affiliates and media partners, the operator has stated that following a review of market conditions it has concluded that current gaming laws are ‘incompatible with the principles of the European Union’. The operator had previously withdrawn …

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Catena Media acquires Newcasinos.com for €7.65 million

SBC News Catena Media acquires Newcasinos.com for €7.65 million

Stockholm-listed industry affiliate marketing network Catena Media has moved to expand its European publisher portfolio by confirming the acquisition of casino review portal Newcasinos.com and its related assets. Catena governance details that it has acquired one of the fastest growing European market affiliates with an established presence in the UK, Norway and Sweden. Detailing its acquisition breakdown, Catena will purchase …

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Irish Ministry of Finance to review industry tax levels

SBC News Irish Ministry of Finance to review industry tax levels

Ireland’s Ministry of Finance has confirmed that it will review its rate of industry taxes as part of its ongoing review of Irish corporate taxation laws examined by special body the Tax Strategy Group. The review will focus on the tax/levy provisions of the ‘2015 Betting Industry Amendment Act’, and will assess current business conditions and the potential impact of …

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GVC appoints Mike Sexton as PartyPoker Chairman

SBC News GVC appoints Mike Sexton as PartyPoker Chairman

Updating the market, FTSE-listed online gambling group GVC Holdings has announced the appointment of Mike Sexton as the new Chairman of its PartyPoker subsidiary. Sexton has been involved with PartyPoker since 2009 acting as the brands ambassador and representing the poker room through his lead commentary of World Poker Tour (WPT) events.   Sexton is considered a leading authority on …

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First to Market…PMU launches ‘Cash-Out’ for French Market via NYX OpenBet partnership

SBC News First to Market...PMU launches 'Cash-Out' for French Market via NYX OpenBet partnership

Pari Mutuel Urbain (PMU) has become the first French-licensed operator to integrate and service a ‘Cash-Out’ functionality in partnership with NYX Gaming sports betting subsidiary OpenBet. The bookmaker has launched the service through its deeper integration of OpenBet provisions, which has seen the betting platform provider upgrade its software services for the French state-owned operator. PMU marketing has supported the …

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IZIBET partnership sees Kiron Interactive launch first Virtual Sports games for Malta

Kiron & Supervivo

Kiron Interactive has become the first industry supplier to service Virtual Sports provisions in Malta through its partnership with licensed retail betting operator IZIBET. The industry virtual games provider is set to service 30 IZIBET branded retail points, including the bookmaker’s flagship store at the Dragonara Casino dedicated Sports Lounge. Virtual Football was launched initially to coincide with the end …

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Newly reformed Sper becomes trade association for Swedish marketplace

SBC News Newly reformed Sper becomes trade association for Swedish marketplace

As Sweden prepares to re-regulate its gambling market, allowing for newly licensed online betting operators, gaming ethics council Speletiska Rådet (Sper) has announced that it has reformed its body to become an industry trade association. Previously acting as a sector ethics council, Sper focused on implementing best practices and consumer protections for Swedish state-owned gaming enterprises. However, Sper CEO Jenny …

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Sokratis Kokkalis – Intralot governance eyeing US & Turkey opportunities

SBC News Sokratis Kokkalis - Intralot governance eyeing US & Turkey opportunities

Athens-listed lottery and gambling systems provider Intralot SA has set out its mandate for continued international expansion following the firm’s annual general meeting. Detailing expansion beyond its home market of Greece, company Chairman Sokratis Kokkalis has pointed to the continued US market expansion where Intralot currently services 12 states with 600 employees. Furthermore, Kokkalis detailed to investors the firm’s positive …

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Authentic Gaming opens Slovakia client support & integration office

SBC News Authentic Gaming opens Slovakia client support & integration office

Seeking to expand its European commercial capabilities, industry live HD casino games supplier Authentic Gaming has announced the opening of its new state-of-the-art office in Slovakia. The firm’s Slovakian division will act as an operational support for its Malta commercial unit providing the key functions of data provisions and back office development. Furthermore, the office will host a dedicated client …

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