The Officers of the Parliamentary All Party Betting & Gaming Group have announced the launch of their Parliamentary seminar series looking at the Future of Gambling. The first seminar will be held on Tuesday 19th April 2016 and will be on The Future of Online Gambling. The speakers will be Clive Hawkswood, CEO of Remote Gambling Association (RGA), Anthony Werkman, Director of …

Toronto TSX-listed NYX Gaming Group has updated the market, announcing that it has entered a ‘binding share agreement’ to purchase 100% of Openbet from private equity firm Vitruvian Partners LLP. NYX Gaming governance disclosed that it has placed a total consideration of £270 million for Openbet assets, which will include the repayment of the firm’s existing £95 million debt. The …

Stockholm Nasdaq-listed Catena Media has this morning announced that it has agreed to acquire online gambling review and player services portal AskGamblers.com (AskGamblers) for a total consideration of €15 million. Catena Media, who specialise in affiliate marketing and player acquisition services for the European igaming sector, completes its third strategic acquisition of 2016. Gibraltar-based AskGamblers is considered one of the …

Tabcorp international racing subsidiary Sky Racing World has extended its broadcast coverage in the South American market by announcing a content partnership with Buenos Aires racetrack Hipodromo Argentino de Palermo. The Louisville (Kentucky) based firm is set to provide simulcasts from races taking place at the Hipodromo and broadcast the content to its syndicated racing content partners in the US, …

UK racing stakeholders are planning to launch a rival pool betting business to compete against the Betfred owned Tote, according to the Mail on Sunday. Plans for a new betting pool are being led by The Jockey Club and Racehorse Media Group, in conjunction with several interested parties. However the Tote currently has a statutory monopoly on horseracing pools, which …

Isle of Man based sports betting operator TGP Holdings Limited (TGP), has denied multiple accusations from its customers that it has unjustly closed winning accounts relating to this year’s Cheltenham Festival. This weekend, angry racing punters took to social media accusing brands on the TGP platform such as Fun88, 12Bet, TLCBet and 138.com of withholding payouts on Cheltenham 2016 winnings. However …

European sports betting operator mybet.com has expanded its profile and coverage in West Africa by agreeing sponsorship terms with Ghana Premier League football club Sekondi Hasaacas FC. Hosting a press conference this Saturday, Sekondi Hasaacas governance unveiled mybet.com as its new season sponsor. The financial terms of the sponsorship were not disclosed, however mybet.com marketing revealed that it had been …

Updating the market, Toronto TSX listed operator Amaya Inc has informed that it has been granted approval by the New Jersey Division of Gaming Enforcement (DGE) for the renewal of state igaming services for its PokerStars and Full Tilt brands. Amaya renews its New Jersey licensing, which was first granted on 30 September 2015, for the state provisions of PokerStars …

Frankfurt Xetra listed bookmaker mybet Holdings SE ends a difficult 2015 posting full-year EBIT losses of – €8.8 million (FY 2014: €500,000). Throughout 2015, the German focused bookmaker had been impacted by a downturn in player activity, with its online sports betting division witnessing a wagering decline from €100 million (2014) to €95 million (2015). Presenting 2015 results, mybet would …

Issuing a short market update, embattled New York-listed Chinese sports lottery operator 500.com has disclosed the sale of its 63% equity stake in Asian digital payment processor Sumpay.cn ( Sumpay). Payment processor, Sumpay, is licensed to provide third-party payment services in Chin. 500.com revealed that it had invested in Sumpay holding company Zhejiang Shangmeng Technology in December 2015 for a cash consideration …