Ladbrokes Australia has become the second Australian bookmaker to integrate Digital Sports Tech’s (Digital Sports) ‘Player Props’ offering, a product which allows customers to create and customise their own bets on player performance across a range of statistics and sports, all in real time. Updating the market, Ladbrokes confirmed its B2B partnership with Digital Sports, becoming the second bookmaker to …
Read More »Ted Menmuir
Betsson AB targets European racing growth with RaceBets €34 million acquisition
Stockholm-listed European sports betting group Betsson AB has confirmed that it has agreed to acquire racing specialist bookmaker RaceBets (racebets.com) for an initial cash consideration of €34 million. Updating investors, Betsson governance detailed that it would acquire all RaceBets assets including the firm’s trading team, adding the UK, Ireland, Malta and Germany licensed bookmaker to its portfolio of European brands. …
Read More »Novomatic NLS picks Gamevy as instant-win & scratch content partners
UK industry games developer Gamevy has announced that it has secured a Memorandum of Understanding (MoU) with lottery and gambling solutions supplier Novomatic, which will see its inventory of instant win games supplied to regulated lottery operators through Novomatic systems. Forming a partnership, Gamevy content will now be integrated within Novomatic Lottery Solutions (NLS), distributing Gamevy content to its syndicated …
Read More »HMRC provides more detail on freeplay taxation changes
The UK tax authority HMRC has declared that it intends to implement new regulations relating to industry free bets, bonuses and ‘discounted’ gaming. Updating the industry, HMRC detailed that the government would proceed with a ‘slightly revised option’ of its initial proposals in its incoming 2017 ‘Finance Bill’ in which it aims to reduce stakeholder burdens, whilst still achieving its …
Read More »Racing Post lands treble at HWPA 2016 Awards
The Racing Post has landed a treble at the 50th annual Horserace Writers & Photographers’ Association Derby Awards in London, with Tom Kerr, Edward Whitaker and Patrick McCann all scooping awards. Kerr edged out Chris Cook and Greg Wood of The Guardian and freelance Kevin Blake to clinch the Writer of the Year prize, won last year by his Racing …
Read More »SpringOwl’s Jason Ader wants Amaya to have a ‘clean break’ from ‘discredited’ David Baazov
Activist investor Jason Ader the CEO of New York hedge fund SpringOwl, has urged the governance of Toronto-listed Amaya Inc to cut its ties with former Chief Executive David Baazov. Canadian business news sources have reported that Ader has sent a formal letter to Amaya governance stating that it was ‘time for the company to fully move on from Baazov’s …
Read More »Playtech targets €50 million in share buyback programme
FTSE-listed gambling technology provider Playtech Plc has today informed investors that it plans to issue a 6 million ordinary share buyback programme, representing approximately 1.85% of the company’s equity. The share sale is valued at circa €50 million and will be conducted by investment bank Canaccord Genuity in accordance with FTSE rules. Confirming its planned buyback programme Playtech stated that …
Read More »Spread betting firms count the cost of UK FCA clampdown
Business news sources have reported that around £1 billion has been wiped off the value of UK-listed spread betting operators, following the Financial Conduct Authority’s (FCA) industry clampdown on ‘contract for difference’ (CFDs). Yesterday the regulatory body proposed a number of new measures aiming to protect inexperienced consumers and improve overall industry standards. The measures include the introduction of risk …
Read More »Racecourse Media adds HKJC racing content to broadcast schedule
Updating its clients and stakeholders, Racecourse Media Group has informed that it will begin to broadcast racing content from Hong Kong on UK TV channels of Sky 432, Virgin 536 and Freeview 231. Having entered a content partnership with the Hong Kong Jockey Club (HKJC), Racecourse Media extends its Asian racing coverage. Moving forward the specialist broadcaster will now show …
Read More »Novomatic takes over Lotaria Kombëtare Albania
The governance of gambling technology provider Novomatic Group (Novomatic) has confirmed that it has completed its acquisition of the Albanian National Lottery, strengthening the firm’s footprint within Eastern European gambling markets. The deal sees Novomatic take over Albanian Lottery asset ‘Lotaria Kombëtare’ which was granted a 10-year license in 2012 for the provision of lottery services to Albanian consumers. Novomatic …
Read More »