Ted Menmuir

US law firms file investor lawsuits against Amaya Inc

SBC News US law firms file investor lawsuits against Amaya Inc

US law firms Wolf Haldenstein Adler Freeman & Herz LLP (New York) and Block & Leviton (Boston) have filed investor-led class action lawsuits against Amaya Inc. The lawsuits filed yesterday within US district courts, focus on the alleged investor misrepresentation of Amaya governance following the allegations of insider trading made against CEO and Founder David Baazov by Quebec securities regulator, Autorite …

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bet365 to open technology hub in Manchester

SBC News bet365 to open technology hub in Manchester

Independent bookmaker bet365 is set to open its first satellite technology office in Manchester’s Spring Gardens. Looking to bolster its technology development arm, bet365 is reported to be seeking 50-70 new employees who will support its Stoke-based HQ. bet365 governance will aim to open its Manchester hub office by early May. Speaking to the Manchester Evening News, bet365’s Head of …

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Tombola re-launches UK website

SBC News Tombola re-launches UK website

Sunderland-based online bingo operator Tombola has announced the re-launch of its UK website tombola.co.uk, with a view of optimising player engagement and further interaction with its new games inventory. Built in-house, the new tombola.co.uk website has redeveloped its user journey focusing on customer ease of use, player centric curation and quicker access to games. The re-design of the website, sees …

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Martin Demichelis accepts FA betting misconduct charges

SBC News Martin Demichelis accepts FA betting misconduct charges

Manchester City and Argentina football international Martin Demichelis, has accepted an FA charge relating to twelve counts betting misconducts. Demichelis (35), is alleged to have committed multiple breaches to FA Rules E8 concerning matches played between January 22-28 of this year. Rule E8 was introduced by the FA during the 2014/15 season, with a view of preventing players, coaches and …

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Isle of Man GSC investigates TGP Holdings Cheltenham 2016 payment disputes

SBC News Isle of Man GSC investigates TGP Holdings Cheltenham 2016 payment disputes

Responding to numerous customer complaints filed against TGP Holdings’ betting brands 138.com, 12Bet, Fun88 and TLC Bet, relating to closed Cheltenham 2016 winning player accounts. The Isle of Man’s Gambling Supervision Commission (GSC) has announced that it will investigate the matter and TGP operations’ which saw its subsidiary brands close multiple accounts on suspicion of ‘bonus abuse and fraudulent activity’. …

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Intralot expands Bulgarian market presence with Eurobet investment

SBC News Intralot expands Bulgarian market presence with Eurobet investment

Updating the market, Athens listed lottery and gambling technology provider Intralot SA has confirmed that it has acquired a strategic stake in Eurobet Bulgaria. Intralot governance processed a 49% equity stake in Eurobet via its Bulgarian subsidiary BILOT. INTRALOT. Declaring its investment in Eurobet, Intralot governance stated that its venture investment would help ‘strengthen its market presence in Eastern Europe’. …

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Sky Betting & Gaming commits further £1 million to developing graduate opportunities

SBC News Sky Betting & Gaming commits further £1 million to developing graduate opportunities

Continuing its commitment to Yorkshire technology and social enterprise, Sky Betting & Gaming (SB&G) has announced that it will invest a further £1 million on its ‘Commercial Academy’ programme. Geared towards graduate recruitment, SB&G’s Commercial Academy will offer a range of opportunities across the company’s HR, finance, marketing and commercial divisions. SB&G detailed that positions offered by its Commercial Academy …

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Twitter wins heavily contested ‘NFL Global Streaming’ bid

SBC News Twitter wins heavily contested 'NFL Global Streaming' bid

Twitter has been announced as the surprise streaming service for NFL Thursday nights. The social media network won the ‘NFL Global Streaming’ bid competing against the likes of Yahoo, Amazon and Verizon Global. Twitter will be allowed to stream ten NFL Thursday Night matches (in conjunction with CBS and NBC broadcasts) to its worldwide user base of approximately 350 million. …

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Paddy Power cuts 300 Irish jobs

SBC News Paddy Power cuts 300 Irish jobs

Irish news sources have reported that Paddy Power is set to cut up to 300 jobs from its Dublin operations in-line with its post Betfair merger strategy. The betting operator informed its Dublin staff yesterday. It is reported that the job cuts will likely be in overlapping business areas such as marketing, technology development and trading. Paddy Power Betfair (PPB) …

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Matt Davey – NYX Gaming – Maintaining independence will be key to Openbet’s long term success

SBC News Matt Davey - NYX Gaming - Maintaining independence will be key to Openbet's long term success

Matt Davey Chief Executive of Toronto-listed igaming supplier NYX Gaming (NYX), has declared that ‘maintaining independence’ will be the key to acquired asset Openbet’s long term success. Reaching a binding agreement for its £270 million acquisition of Openbet from long-term private equity owners Vitruvian Partners, NYX’s deal will be part funded by William Hill (contributing £80 million) and Sky Betting and Gaming …

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