Today is the last chance to RSVP your place at the Manila Social hosted at the Salon de Ning at Peninsula Hotel Makati, for what promises to be an epic networking and partying night before the start of the iGaming Asia Congress in Macau! SBC and Asia Gaming Brief (AGB) expect a full turnout for this Social, so all networkers …
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David Chang – Betcade – The Android Challenge
Following the Beta launch of Betcade’s Android app store, SBC caught with CEO and Founder David Chang to discuss the challenges of setting up a real money marketplace for Android Users. As a mobile operating system, Android has had a difficult existence with gaming/betting apps, with users downloads restricted and non-accessible through main listings channels. Chang details to SBC readers the complex …
Read More »Lottomatica enters consortium for Italian Lottery bid
IGT Group Italian gambling subsidiary Lottomatica has confirmed that it has entered a four-party consortium aiming to bid for the Italian lottery tender. Lottomatica will lead the bid consortium made up of members Italian Gaming Holding ( a subsidiary of SAZKA Group), Arianna 2001 SPA (an entity affiliated with the Federation of Italian Tobacconists) and Novomatic Italia. Issuing a corporate statement …
Read More »Paysafe on course for FTSE 250 with + $600 million in revenues
Announcing its first FTSE full-year earnings results, online payments provider Paysafe Group (the merged entity of Optimal Payments and Skrill) reported a 68% revenue surge to $613 million (£432 million) for its FY2015 corporate performance (period ending 31 December 2015). As expected Paysafe Group pre-tax profits were impacted by its completed November 2015 takeover of competitor Skrill. The company would …
Read More »Vermantia secures management contract of Lottomatica retail content
Gambling and virtual sports content provider Vermantia has secured a major services agreement with IGT Group subsidiary Lottomatica. The partnership will see retail gambling supplier Lottomatica migrate its retail content system onto Vermantia ‘RETAIL’ broadcast services and further utilise Vermantia point-of-sale technology for its +1000 betting points. Within the immediate rollout, Vermantia will broadcast and operate three bespoke gaming channels for Lottomatica’s retail network: …
Read More »Favourit announces $6 million ASX listings plan
Australian based, European focussed online betting operator Favourit has announced that it plans to list a public offering on the Australian Securities Exchange (ASX listing). The listings move comes as the operator completes its takeover of ASX-placed mining firm Celsius Coal Ltd. Favourit governance detailed that the company aims to raise circa AUS $6 million (£3.2 million) on its ASX …
Read More »Lithuania GCA tightens betting restrictions
Following its industry warning issued at the start of January 2016, Lithuania’s Gaming Control Authority (GCA) has begun to implement its strict internet controls, restricting national consumer access to unlicensed operators. The GCA’s actions have been granted by the Lithuanian Parliament, who in January asked the body to draw up a blacklist of operators deemed to be targeting Lithuanian consumers …
Read More »Kiron Interactive expands global virtual portfolio with Betinvest partnership
Virtual games specialist Kiron Interactive is to offer its portfolio of virtual sports products on the platform of fellow supplier Betinvest. The new agreement will see Kiron’s portfolio of games rolled out to sports betting clients of the international supplier on a single wallet, omni-channel basis. Using its combined Betman online and retail game servers, Kiron will provide their suite …
Read More »David Baazov updates market on Amaya takeover bid
Announcing Amaya Inc 2015 full-year results, which saw the operator post net losses of CAD $25 million (£14 million), CEO David Baazov updated the market on his proposed management takeover of the firm. Baazov alerted the media that his executive team intends to make a formal bid to take Amaya assets private, though no timeline for the announcement of the …
Read More »Foxes Delight! Titanbet UK pays out on Leicester City title win
Titanbet UK has become the first bookmaker to pay-out on Leicester City winning the 2015/16 Premier League (EPL) title. With eight match days remaining and the Foxes just five points clear of nearest title rival Tottenham Hotspurs, Titanbet UK has declared that the EPL trophy will go to the East Midlands club. Titanbet UK marketing declared that it would pay-out …
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