FTSE-listed gambling technology provider Playtech Plc has this morning confirmed that group CFO Ron Hoffman will be transferred to the position of Chief Executive for its financial services division. The transfer will see Hoffman further step down from the board with immediate effect. Hoffman’s group leadership position will be replaced by current Head of Investor Relations Andrew Smith. Playtech governance …
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ONJN the national gambling regulator of Romania has awarded industry platform and software provider EveryMatrix a Class II licence allowing the firm to supply and distribute operator provisions for the regulated Romanian market. Confirming the ONJN licence securement, EveryMatrix governance was pleased to extend its services within Romania a country in which EveryMatrix has made significant investment building its operational …
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Christmas 2016 will be a festive period to forget for betting operators, as the industry counts the cost of December’s congested English football schedule. Closing its 2016, betting operators are reported to have been hit by industry-wide losses of over £100 million as heavily backed football favourites won their respective matches, with some bookmakers expected to report losses of circa …
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Industry affiliate marketing software and services provider NetRefer has announced its first commercial partnership of the year agreeing to become the affiliate marketing platform provider for IPS Affiliates (IPSAffiliates.com). NetRefer affiliate marketing services will relaunch the IPS Affiliates platform which runs partner acquisition programs for European online casino and bingo brands 21.co.uk, Crown Bingo, SvenskaCasino.com, Bingo Loppy and UKCasino.com. Seeking …
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Following a review of its financing options, the governance of Toronto TSX-listed Amaya Inc has confirmed that it will pay its $197.7 million balance relating to the deferred purchase price for acquired Rational Group assets (2014) throughout the course of 2017. Updating investors, Amaya governance detailed the changes to its payment plan which was due for 1 February 2017. The …
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Industry live gaming specialist Codeta (Codeta.com) has announced that it has launched a second funding round with a view to aid its ambitious future growth plans. The Malta-based operator which seeks to be the leading industry provider for live games and content, is seeking new investment/investors as it looks to expand its services within various European igaming jurisdictions. Confident of …
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A tough December has seen FTSE 250 operator William Hill Plc issue a second profit warning for its full-year 2016 guidance following a set of ‘customer friendly’ results in its football and racing markets. Publishing a trading update, William Hill governance detailed to investors that closing its full-year 2016 performance, the firm’s earning guidance would be ‘at the bottom end’ …
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This week sees the UK-wide release of ‘Oscar 2017 Best Picture’ favourites ‘La La Land’ and ‘Manchester by the Sea’ (UK release dates – 13 January) as the countdown continues towards the 89th Academy Awards (26 February 2017). With the 2016/17 awards season coming into full focus, all movie insiders are in-agreement that La La Land and Manchester by the …
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Asian gambling operator Melco Crown Entertainment (MCE) has undertaken a senior executive restructure as the firm seeks to reverse its declining corporate performance. A raft of executive changes was confirmed by MCE CEO Lawrence Ho, who has assumed greater control of the company following last December’s equity sell-off by James Packer’s Crown Resorts. Aiming to reverse the declining performance of …
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Malta-based German language sports betting brand TIPLIX has become the latest industry operator to relaunch its affiliate program in partnership with Income Access (Paysafe Group). Relaunching its affiliate program utilizing Income Access player tracking and acquisition software,TIPLIX will primarily seek to grow its sports betting and casino partner services for German and Austrian markets. Operated by Trusfulgames Ltd, TIPLIX has …
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