FTSE-listed online gambling group 888 Holdings has informed the market and its investors that its UK operator licence is being reviewed by the UK Gambling Commission (UKGC) relating to the firm’s compliance provisions with regards to preventing problem gambling. The UKGC is set to evaluate whether 888 operates an effective self-exclusion process for its customers across its platforms.  Self-exclusion is the player protection …

The New Zealand Racing Board (NZRB) has selected NYX Gaming sports betting subsidiary OpenBet and Paddy Power Betfair (PPB) to deliver its platform solutions and operational services for its fixed odds betting (FOB) business. In January 2016, NZRB governance announced that it would work with NYX Gaming on enhancing its FOB services, seeking to update provisions for modern consumer habits …

The major high-street bookmakers are facing up to the challenge of how to re-invent retail betting in the face of increasing channel shift and the potential fall of machine revenues…. ____________________ As benefits the current limbo afflicting the UK betting shop sector, the first-quarter trading statements from Ladbrokes Coral and William Hill presented a mixed picture of the health of …

Tabcorp Holdings governance enters a crucial week for its planned AUS $11 billion merger with main market rival Tatts Group, as its takeover deal is set to be presented to the Australian Competition Tribunal (ACT). In a surprise move last March, Tabcorp governance announced that it had decided to switch the regulatory body reviewing its  Tatts merger ditching the Australia Competition …

Shareholder advisory Pensions & Investment Research Consultants (PIRC) has again criticised Paddy Power Betfair (PPB) governance regarding executive rewards and bonus arrangements, ahead of the FTSE firm’s annual general meeting this Wednesday. PIRC advises PPB investors to reject the firm’s remuneration report, due to concerns regarding the ‘termination arrangements’ for PPB governance and leadership. The shareholder advisory points to last …

Issuing a corporate update, Stockholm-listed Cherry AB has confirmed that it has completed the outright acquisition of Malta-based online gambling operator ComeOn (ComeOn.com) purchasing 100% of its shares. Cherry governance informs that it completes its 100% takeover of all ComeOn related assets for a total consideration of €280 million, from which the firm’s initial €80 million payment has been deducted. …

Further to publishing its Q1 2017 trading update, Amaya Inc governance has informed investors that it has moved to propose a corporate name change to ‘The Stars Group Inc’. The Toronto-listed gambling group informs that its proposed name change to The Stars Group will be voted on at the upcoming annual shareholders meeting. Further to the name change, Amaya governance …

The management of embattled online poker room PKR (PKR.com) has informed the market that it has appointed administrators as the company officially files for bankruptcy. Issuing a website update, PKR has informed that following a review of its financial arrangements, the operator has appointed David R Taylor and Matthew RM Wild of RSM Restructuring Advisory LLP as joint ‘PKR Technologies’ …

Online casino review portal Latest Casino Bonuses (LCB) has informed that it has moved to strengthen its online bingo inventory by acquiring affiliate website TwoLittleFleas (twolittlefleas.co.uk) for a total consideration of $835,000. Updating the market, LCB founder Joshua Chan and Co-CEO Nikola Zugic stated that TwoLittleFleas online bingo review portal would be added to the growing LCB network, which focuses on …