Ted Menmuir

Technology upgrade sees Sportech positive on 2016 performance

SBC News Technology upgrade sees Sportech positive on 2016 performance

Updating the market ahead of its annual general meeting (AGM), betting technology provider Sportech Plc has stated that 2016 trading is in-line with management expectations as the company has undertaken a number of operational improvements which have gained new customer wins. Sportech governance was pleased to detail that the UK Court of Appeal had ruled unanimously in favour of its …

Read More »

Daniel Graetzer – Mediatech Solutions – Building effective international expansion…

SBC News Daniel Graetzer - Mediatech Solutions - Building effective international expansion...

Daniel Graetzer Executive Director of Mediatech Solutions speaks to SBC on the realities of creating industry platform services and provisions for effective international expansion.  Focusing on delivering a tailored product for each individual  market, Mediatech Solutions has won a number of new international  clients. Graetzer who heads up strategy for the platform provider details what core factors stakeholders must asses when delivering gambling services to new and developing markets.    __________________________________  SBC: …

Read More »

Chris Waddle joins bettingexpert for launch of live betting app

SBC News Chris Waddle joins bettingexpert for launch of live betting app

Leading sports betting player portal bettingexpert.com  has signed former England, Tottenham Hotspur and Sheffield Wednesday star Chris Waddle as a brand ambassador and in-play tipster, to launch and promote its revolutionary bettingexpert LIVE app. bettingexpert’s LIVE app helps punters discover the best in-play tips before easily placing bets through an integration with leading bookmaker bet365. Waddle will be delivering tips via his own …

Read More »

Caesars Entertainment eyes sale of interactive division for $4 billion

SBC News Caesars Entertainment eyes sale of interactive division for $4 billion

US business news sources have reported that embattled Caesars Entertainment Corp (CEC) are considering the potential sale of its ‘Caesars Interactive Entertainment’ (CIE) division. Investment bank Raine Group LLC have been appointed to lead the bid processes, with CEC governance targeting a reported $4 billion for its asset. Led by former Party Gaming PLC CEO Mitch Garber, CIE has become …

Read More »

Paddy Power predicts battle of the darlings as Loach & Almodovar lead Cannes Palme d’Or market

SBC News Paddy Power predicts battle of the darlings as Loach & Almodovar lead Cannes Palme d’Or market

  With Cannes Film Festival screenings fully under way, Paddy Power opens its ‘Palme d’Or winner market’ placing European cinema ‘darlings’ Ken Loach and Pedro Almodovar as joint favourites to take the top honour at the 69th festival. Jointly priced at 6/1 Ken Loach’s ‘I, Daniel Bale’ and Pedro Almodovar ‘Julieta’ lead the market in the festival’s opening week. Screening …

Read More »

XLMedia completes strategic review… company not for sale

SBC News XLMedia completes strategic review... company not for sale

Having completed a strategic corporate review, the board of XLMedia has concluded that the company will continue to operate as independent enterprise, scrapping any plans of selling its business or assets. The governance of the London AIM-listed company stated that it believed that in remaining independent it would best serve its goal of “maximising value for shareholders”. Following a record …

Read More »

Industry to discuss prospects of Russian gambling market at RGWeek

SBC News Industry to discuss prospects of Russian gambling market at RGWeek

On 2-3 of June, 2016, ECC Sokolniki in Moscow will host 10th International gambling and entertainment exhibition-forum Russian Gaming Week 2016. Representatives of the leading gambling companies from CIS and other foreign countries will gather to discuss the prospects of gambling business in RF taking into account all latest legal changes http://rgweek.ru/en . Special occasion For its 10th time, Russian …

Read More »

mybet SE delays platform launch as performance slump continues

SBC News mybet SE delays platform launch as performance slump continues

Frankfurt Xetra-listed European betting operator mybet Holdings SE continues its performance slump reporting an 11% revenue decline to €14.9 million for its Q1 2016 opening (period ending 31 March). The operator who reported €8 million group losses in 2015, recorded performance declines in core divisions as online betting revenues dropped 10% to €8.2 million (Q1 2015: €9.2 million).mybet would post …

Read More »

Bookies Corner – Eurovision 2016 – More than a song contest!

SBC News Bookies Corner - Eurovision 2016 - More than a song contest!

Eurovision, a live pan-continental pop contest with a viewership of + 250 million which sees national audiences vote on their favourite performers, may well be betting’s most exciting novelty market! Ahead of this Saturday’s live final, SBC’s ‘Bookies Corner’ delves into the market intricacies of Eurovision 2016. Getting the full low-down from: Mirio Mella – Customer Engagement Manager- Pinnacle Sports Ed Nicholson  – Head …

Read More »

Cherry AB reports strong 2016 opening recording top-line growth across all divisions

SBC News Cherry AB reports strong 2016 opening recording top-line growth across all divisions

Stockholm-listed European gambling operator Cherry AB has declared a strong opening to its 2016 performance reporting an 86% group revenue uplift to SEK 177 million (Q1 2015: SEK 95 million). Updating the market on its Q1 2016 performance (period ending 31 March), Cherry would declare growth across all top-line metrics, as the company improved EBITDA considerably to SEK 25 Million …

Read More »