Ted Menmuir

SafeCharge IPO Launches Today on LSE AIM

SafeCharge, the payments solutions provider specializing in Forex brokers and online gambling sites, formally launched its shares for trading today with an initial public offering (IPO) which raised new equity capital for the company to the sum of $125 million. The SafeCharge International Group Limited, a Central Bank of Cyprus authorized payment institution with about two hundred employees worldwide, floated 149,759,260 …

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Sportsbet loses injunction against Tripp’s BetEazy

Paddy Power Australian owned Sportsbet lost its Victoria Supreme Court injunction over employee poaching by operator BetEazy. Having heard the representative cases of both operators, the appointed judge, granted favour to BetEazy regarding the hiring of customer services manager Kelli Carpanini. Sportsbet lawyers claimed Carpanini breached her six-month non-compete period by commencing work for BetEasy last month and had sought …

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Sportech and Rank Group to fight for VAT returns

Sports betting operators Sportech and Rank Group may be rewarded with UK tax returns concerning corporate claims for refunds on overpaid UK VAT. Both operators have applied for UK High Court hearings regarding tax rebates on overpayments made by the operator to the UK government. Further positive news for the operators saw the UK High Court ruled that refunds for …

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Spain to allow gambling TV advertising

The Spanish gambling regulatory body is set to establish new provisions and laws that will allow the promotion and coverage of igaming verticals to be broadcast on Spanish national television. Although online gambling is permitted, through granted national license the Spanish Government and Advertising Standards do not permit the broadcasting of television adverts promoting igaming verticals. The new incentives to …

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Maxymiser Soundbite – iGaming Sector – Getting Ready for Brazil 2014

With the football World Cup in Rio offering a fantastic potential revenue boost, Tim Axon, Head of Gaming, Maxymiser, insists betting companies need to get their mobile Big Event Betting strategies in shape – and fast. Trying out new content and ideas at Cheltenham and the Grand National could be the key to re-engaging customers, increasing average customer value and …

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Rational Group appoint Dominic Mansour as MD of Full Tilt Poker

The Rational Group the holding company of igaming poker brands – PokerStars and Full Tilt Poker  have announced the  appointment of Dominic Mansour as Managing Director of Full Tilt Poker, responsible for the day-to-day management of the Full Tilt Poker brand and its operations. Mansour joins the Full Tilt Poker having served the past two years as CEO of Richard Desmonds …

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Global Social Media Group – launch TheSportsBible.com

The Global Social Media Group (GSMG) the owners of the popular entertainment website   TheLadBible.com have announced the launch of its new sports and humour led portal –  TheSportBible. TheSportsBible, will feature daily humorous content, articles and features as GSMG try to recreate the success of its original vertical – TheLadBible.com 2013 proved to be a successful year for GSMG, Growing …

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Matchbook – Partners with Right To Play

Online betting exchange Matchbook has announced a special partnership with the leading international sport development charity – Right To Play. Following the announcement of the partnership, Matchbook further announced that all commissions generated by its betting exchange on April 1st will be donated to the charity. CEO Mark Brosnan commented: “As an exchange community we’re delighted funds can be raised …

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Coral launch single wallet card – Coral Connect

Coral has launched Coral Connect – a single wallet card that can be used across all channels, including gaming machines and over the counter. Using contactless technology and a PIN number, the card arrives in time for this summer’s World Cup when games will be played either before or after the shops close. Coral Connect signifies the bookmaker’s commitment to driving the industry …

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Mybet Post Poor 2013 Results

German sports betting and igaming operator – Mybet published a €5.4 million (£4.46 million) loss for 2013. A company statement issued by the operator commented described its 2013 performance as a “deeply unsatisfactory “12 months”. The operator saw an earnings fall of 150%, as Mybet incurred losses from several of its divisions. Revenue declines had been driven by poor performance …

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