Last week, industry platform provider BetConstruct detailed a major partner update for 2017 stating that it had published its front-end source codes as an ‘open-source function’, with a view of giving its clients significant flexibility and agility over the management of their products and services. Speaking to SBC, Vigen Badalyan BetConstruct Executive Chairman detailed the importance of the firm’s decision …

Presenting its Q1 2017 interim results (period ending 31 March), Oslo-listed European online gambling operator Gaming Innovation Group (GIG) has detailed a strong start to 2017 despite significant costs attributed to group marketing initiatives. Driven by the growth of its iGaming Cloud Platform, which currently services 28 external clients operating 41 active brands, GIG would report period revenues of €23 …

La Liga the governing body of Spain’s highest tier of professional football has confirmed Kenya-based bookmaker SportPesa as its first ever ‘African Sports Betting Partner’.   Securing a three-year deal as an official La Liga partner,  SportPesa will seek increase its coverage throughout key African markets as an official La Liga partner. The partnership agreement was confirmed by La Liga President Javier …

Updating the market, the UK Gambling Commission (UKGC) has warned industry stakeholders that its body will not tolerate advertising falling ‘foul of social responsibility rules or deceiving consumers’. Stating its intent to improve industry advertising and promotional standards, the UKGC has imposed a £300,000 penalty on igaming operator BGO Entertainment Ltd (BGO) for misleading advertising on its own portal and …

Pacific Consortium the special vehicle of London private equity firm Macquarie Group and New York hedge fund Kohlberg Kravis Roberts (KKR) will no longer pursue its AUS $7.3 billion (£4.5 billion) acquisition of Australian gambling operator Tatts Group. The deal withdrawal follows Tatts’ board decision not to review Pacific’s latest takeover bid of $4.21-per-share combined with an investor ‘dividends add-on’ which the investment firm …

Seeking to boost its industry M&A and commercial competencies, Toronto TSX-listed Amaya Inc has hired former William Hill Group Director of Strategy and Corporate Development Robin Chhabra. As of yet, Chhabra has been given no official executive title, however joining Amaya he will act as corporate M&A lead as the firm’s governance seeks to expand its industry portfolio. An industry financing expert, …

Malta-based Industry affiliate network RakeTech Group (RakeTech) has confirmed that it has executed a double of acquisition of Agonas AB and Astro Media Group AB (Astro Media) continuing the expansion of its Scandinavian marketing portfolio. The confirmed acquisitions continue RakeTech’s M&A growth strategy, adding Agonas AB a ‘real-time’ Scandinavian TV listings and sports content portals to its network, while Astro …

FTSE-listed bookmaker William Hill has culled a number of senior management roles within the firm’s digital division, as the company seeks to restructure and re-strategize its online gambling assets. The restructure has seen William Hill depart with three senior staff members of its digital product operations; Stuart Weston as Sportsbook Director, James Curwen Chief Product Lead and Juergen Reutter Chief Experience …

FTSE-listed Ladbrokes Coral has informed that it will extend Ladbrokes title sponsorship of all Scottish professional football divisions, by agreeing on further terms with the Scottish Professional Football League (SPFL). Ladbrokes has acted as SPFL lead sponsor since 2015. The bookmaker detailed that it wanted to extend its existing £2 million a year sponsorship agreement with SPFL for the upcoming 2017/18 …

William Hill, the official sponsor of Anthony Joshua v Wladimir Klitschko, is predicting the global betting industry turnover could reach £100 million (£20 million in the UK alone) for Saturday’s eagerly awaited world heavyweight showdown. Watford’s Anthony Joshua is at present the 4/9 favourite to win the fight, and in the process add the vacant WBA and IBO titles to his collection. …