Presenting its full-year results (year ending 30 June), Crown Resorts LTD (Crown) has reported net profits of AUS $948 million (£555 million) up 14% on corresponding FY 2015 corporate earnings. Crown year-end results would be propped by its AUS $602 million (£350 million) share sell-off in Melco Crown Entertainment (MCE), as the company reduced its shareholder equity from 37.3% to …
Read More »Ted Menmuir
Ladbrokes Australia is ‘Up for the Challenge’ with Saatchi & Saatchi
Ahead of busy period for Australian sports with the AFL and NRL Finals commencing in September, Ladbrokes Australia has announced the launch of its new nationwide marketing campaign ‘Up for the Challenge’. ‘Up for the Challenge’, is the first marketing campaign delivered by Saatchi & Saatchi, who were appointed Ladbrokes Australia’s lead creative agency in May following an account pitch …
Read More »Draftkings looks to widen its appeal with Private League functionalities
US daily fantasy sports operator DraftKings has announced its new product update which features the release of ‘DraftKings Leagues’. Seeking to enhance its community and attract recreational DFS consumers, DraftKings Leagues will allow players to “Create leagues for you and your friends. Play in private contests in any sport all season long and track your results in your league’s exclusive …
Read More »Red Alert…500.com enters six straight quarters with 0 revenues!
New York-listed Chinese sports lottery operator 500.com, has reported its sixth straight quarter with no corporate revenues, as concerns continue to mount regarding the firm’s future. 500.com is still under ‘temporary’ suspension of its lottery services issued by the Chinese Ministry of Finance, who in April 2015 placed a ban on all lottery transactions via online or third party networks. …
Read More »Microgaming Quickfire enters content distribution deal with Just For The Win
Microgaming Quickfire division has entered into an agreement with game development studio Just For The Win (JFTW), to distribute its gaming content to the more than 400 brands live on the Quickfire platform. JFTW is a new player on the gaming scene. While the studio is yet to release its content to the market, the team has more than 40 …
Read More »Pentasia relocates European hub to Barcelona
Industry specialist recruitment and executive search firm Pentasia, has confirmed that it will open its new European regional development office in Barcelona, Spain by autumn 2016. Confirming its relocation to Barcelona, Pentasia management stated that its Gibraltar staff would relocate to the new facility which will now serve as the recruitment firms main European hub. Pentasia Barcelona will focus on …
Read More »HMRC seeks industry consultation on Freeplay taxation
Following last March’s UK Budget 2016 announcement, HM Revenue & Customs (HMRC) has released an industry consultation paper detailing its proposals to levy remote gaming duties on freeplays (free bets), in order to align Remote Gaming Duty (RGD) policy with that of free bets in General Betting Duty (GBD). Publishing its consultation paper titled; ‘Tax Treatment of Freeplays in Remote …
Read More »Sportradar looks to secure US sports’ full-house with NBA data rights deal
Sports data and insights provider Sportradar AG is reported to be in the final stages of closing a six-year data-rights contract with the NBA valued at $250 million. Its contract with the NBA will cover an array of data-distribution rights on behalf of the professional league, including match analysis, data reporting, statistics and the development of a streaming product. In …
Read More »Equotion goes East with Cardinal House Group
Betting data and insights provider Equotion Ltd, has signed a new white label agreement with Cardinal House Group to take its sports betting predictor technology into Australia, New Zealand and Asia. Equotion. said the deal will provide data analytics, web front end and back office services to Cardinal House Group Pty Ltd, an Australian registered business-to-business and business-to-consumer provider of …
Read More »The Senet Group appoints George Kidd as new Chief Executive
Industry independent watchdog The Senet Group has confirmed the appointment of George Kidd as its new Chief Executive with effect from 15 August 2016. A media communications and public policy advisor, Kidd chairs several UK industry trade and standards associations including the ‘Online Dating Association’, ‘Direct Marketing Commission’ and ‘UK Fundraising Regulatory’. Kidd replaces Ron Finlay as Chief Executive of …
Read More »