Updating the market Nasdaq-listed Scientific Games Corporation (SGC) has confirmed the appointment of Karin-Joyce (KJ) Tjon as its new Chief Operating Officer (COO) and President, the appointment will be effective from 13 February. Reporting directly to Group CEO Kevin Sheehan, Tjon will be charged with leading SGC gaming and lottery operations, aiding business development strategies and further maintaining the firm’s …
Read More »
Continuing sector trends, Nordic Nasdaq-listed sports betting platform and software supplier Kambi Group is the latest industry stakeholder to have been impacted by unfavourable sporting results this December. A tough closing to its full-year 2016 performance, saw Kambi record an operating EBIT of €1.8 million down from Q4 2015’s corresponding €3.3 million. The industry supplier detailed that adverse sports results …
Read More »
Next week marks a crucial chapter for the Labour Party leadership of Jeremy Corbyn as both Stoke-on-Trent Central (Staffordshire) and Copeland (Cumbria) constituencies head to the by-election polls (Thursday 23 February). A divided party following the departure of senior cabinet members, Labour battles to keep two of its supposed ‘safe seats’. Should labour lose the constituencies of Stoke and Copeland …
Read More »
Releasing its unaudited year-end report, Stockholm-listed European sports betting operator Kindred Group Plc (formerly Unibet Group Plc) is likely break it all-time revenue and earnings performance for full-year 2016. The enlarged operator was able to post a further consecutive all-time revenue generating quarter of £152 million for Q4 2016 (Q4 2015: £111 million). Kindred would record a period underlying EBITDA of …
Read More »
Manchester-based digital design agency Degree 53 has launched a dedicated ‘Gaming’ division focused on creating bespoke web and project development services for igaming/betting customers. Stating its intent to grow its services within the gambling sector, Degree 53 management has confirmed that it will support the division with 20+ new dedicated roles. Managing Director of Degree 53, Andrew Daniels, commented on …
Read More »
National problem gambling support charity GamCare, who operate the National Gambling HelpLine for anyone seeking information, advice and support regarding problem gambling across England, Scotland and Wales, are switching off their previous 0845 number in March 2017. The HelpLine has been operating a Freephone number (0808 8020 133) since 2012 and gradually transitioning to reduce the number of calls received …
Read More »
The Sunday Times has this weekend reported that London hedge fund Parvus Asset Management (Parvus) is lobbying for a 2017 sale of William Hill. Headed up by Danish financier Mads Eg Gensmann, Parvus is currently William Hill’s biggest investor with a 14% shareholding. The Sunday Times reports that Gensmann has been pushing William Hill governance for number months on the …
Read More »
GVC Holdings has awarded Leeds-based integrated marketing agency Home its £5 million media buying and planning account for the UK relaunch of online bingo subsidiary Foxy (foxybingo.com). Confirming Home as its lead agency, GVC marketing seeks to relaunch and revamp Foxy, one of the oldest UK online bingo brands. Home will be tasked with delivering Foxy’s TV and video-on-demand campaign …
Read More »
Industry body, The Association of British Bookmakers (ABB) has called for amusement arcade operators to ‘catch up’ with other betting stakeholders in relation to consumer protection standards and problem gambling awareness. The ABB has made its comment, following new evidence by the UK Gambling Commission (UKGC) which revealed that consumers are at greater risk of losing more money and playing …
Read More »
Updating the market Finnish state-owned gambling operator Paf is set to launch a Daily Fantasy Sports (DFS) product powered by Malta-based Scout Gaming Group (Scout Gaming). The Åland Islands licensed operator will move to incorporate the Scout Gaming DFS platform within its online betting services, boosting its current product inventory which includes; online casino, poker and bingo. The Scout Gaming …
Read More »
SBC News Voice of the Sports Betting Industry