German trade association for the sports betting industry Deutsche Sportwettenverband (DSWV) has strengthened its governance by appointing Dr Bastian Scholz to the new position of Policy Advisor. Scholz an expert in German national public policy has undertaken numerous research projects for political party Christian Democratic Union (CDU). Scholz further holds a doctorate from specialist engineering university ’ Technische Chemnitz’ and …
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Pinnacle Sports undertakes comprehensive rebrand to ‘Pinnacle’
Curacao and Malta-licensed online sports betting operator Pinnacle Sports has undertaken full corporate rebrand to ‘Pinnacle’. The rebrand follows this March’s news that Pinnacle Sports had purchased the URL domain www.Pinnacle.com from a Phoenix-based electronic components manufacturer for an undisclosed sum. Updating the market, Pinnacle leadership stated that it had launched “a new contemporary brand architecture and dynamic design style that …
Read More »Neale Deeley – Betradar – Why Virtual Has Become a Reality…
Neale Deeley Managing Director of Gaming at Betradar details to SBC readers the fast yet understated growth of Virtual Sports content for betting operators. With ‘Virtuals’ becoming a more important market vertical within sports betting, Deeley sheds insight on product development for new client demands, adopting Virtual Sports strategies and future market impacts. ____________________________ SBC: Neale great to interview you, …
Read More »Paul Turner appointed Head of Sporting Index
Paul Turner has today been named as Head of Sporting Index, promoted to the newly created role from his post as Marketing Director for the London-based spread betting firm. Turner has been with the company for over three years and was originally appointed as Head of Marketing of Sporting Index Group, which also encompasses the B2B trading services arm Sporting Solutions, …
Read More »Significant market activity sees UK bookmakers slash odds on EU Referendum ‘Leave’ vote
Bookmakers believe that the outcome of the UK ‘EU Referendum’ (23 June) is set to go down to the wire as ‘Leave’ and ‘Remain’ camps enter their final weeks of public campaigning. Just as ‘Leave’ had reached its longest odds, with the majority of UK bookmakers pricing the outcome at 7/1. This week bookmakers have moved to slash the …
Read More »MadBookie Australia takes on Prop Bets with Digital Sports Tech
Sports betting B2B solutions developer Digital Sports Tech has launched its new product ‘Player Props’ for Australia operator MadBookie.com. MadBookie will become the latest operator to tackle ‘proposition bet’ functionalities by adding Player Props to its inventory. The service will enable customers to create and customise their own proposition bets on any player and statistic for sports including football, American …
Read More »SNAI adds eSports betting inventory in partnership with Betradar
In partnership with Betradar market and data services, betting operator SNAI becomes the first Italian bookmaker to offer eSports betting services to consumers. Announcing its Betradar partnership yesterday, SNAI will enter the fast new industry segment with an estimated global wagering market of $23 billion by 2020. Offering a comprehensive eSports wagering service, Betradar will service SNAI with pre-match and …
Read More »Boyd Gaming sells 50% stake in Borgata to MGM International
US casino and leisure operator Boyd Gaming Corporation (Boyd) has agreed to sell its 50% stake in Atlantic City’s Borgata casino complex to MGM Resorts International (MGM) for a reported $900 million. Boyd’s stake is set to be acquired by MGM property subsidiary ‘MGM Growth Properties’ with the deal expected to be completed by Q3 2016. MGM will take over …
Read More »Viktor Hoffman to head up Marathonbet operation
European sports betting operator Panbet Ltd, which operates the international Marathonbet brand, has appointed Viktor Hoffman as its new Chief Executive Officer. Hoffman is promoted to principal leader of the firm having served as Chief Product Officer of Panbet since January 2016. Hoffman replaces former CEO Stan Reoutt who departed the company in April of this year. A nine-year online …
Read More »NYX Gaming continues M&A route with Betdigital acquisition
Toronto TSX-listed gambling technology provider NYX Gaming Group (NYX) continues its M&A expansion by confirming that it has agreed to acquire UK-based gaming content and systems supplier Betdigital. Oxford-based Betdigital, a specialist multi-channel gaming systems developer for online, interactive, TV, land-based and mobile verticals has been valued at a maximum consideration of £24.5 million, the equivalent to 2.51x its EBITDA …
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