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888 posts record quarter performance

888 Holdings senior management stated it was confident of beating 2014 market expectations, after posting a record revenue quarter – Q3 2014 – $114 million (£72 million) up 22% on Q3 2013: $94 million. 888’s positive performance had been driven by improved revenues generated  from its B2C online gambling division. The operator posted increased revenues throughout its B2C portfolio with …

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EIG Start-Up Focus – Lewis Holland – DiscountIF – Rewards & Innovation

SBC Business Correspondent Mark McGuinness continues his series of interviews with innovative start-up’s looking to take the igaming industry by storm. Today he speaks with EiG Start-Up Launch Pad runners up, DiscountIF and their CEO Lewis Holland about innovation by creating and engaging customers in new ways to shop for products. _________________ MM: Lewis can you tell us a bit about …

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HMRC – gambling tax duty online registration service is now open

HM Revenue and Customs (HMRC) has confirmed that its online registration service for tax duties relating to online gambling services is now open. HMRC management has urged online gambling and sports betting operators who need to register for Remote Gaming Duty (RGD), General Betting Duty (GBD) or Pool Betting Duty (PBD) to register corporate details before UK changes to remote …

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Spain re-opens licensing window for new online gambling applicants

Spain’s gambling regulator La Direccion General de Ordenacion del Juego (DGOJ) has re-opened its online gambling licensing window, in a move to create new market entrants for the Spanish online gambling market. The DGOJ will review new business submissions of online gambling operators who wish to participate in Spain’s regulated online gambling market. The regulator confirmed that the window would …

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Sportradar partners up with NOSP to become official data partner of the Grand Prix of Bowls

Sports data and insights supplier Sportradar has confirmed its new partnership with NOSP (Nigel Oldfield Sports Promotions). NOSP, an event management and consulting company operating in the sports sector, organises the “Grand Prix of Bowls” and is the owner of all rights relating to this competition. The deal with NOSP sees Sportradar become official data partner of the “Grand Prix of …

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Camelot reports UK lottery sales decline

Camelot licensed operator of the UK National Lottery, reported a 6% increase of £76.8 million in profits (2013: £72.2 milllion), despite recording a fall in ticket sales and charitable contributions. Camelot attributed its improved profits to a fall in operational expenses, despite a partial offset by a reduction in net income. The UK lottery operator had recorded a decrease in …

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William Hill suspends Manila operations under investigation of ‘illegal gambling activities’

William Hill’s Manila operations are under investigation by the Philippines National Bureau of Investigation, in regards to allegations of illegal gambling activities in the Philippines. William Hill has temporarily suspended its Manila service-centre operations, in order to assist the Bureau with its investigation. In a corporate statement, the operator commented that it did not believe there were any unlawful activities …

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Picklive AIMs for £10m float

Fantasy sports operator Picklive has announced its plans to raise £5 million capital investment by listing itself on the London Alternative Investment Market (AIM). The potential listing will be managed by ZAI Corporate Finance, if successful in reaching its target investment, the company will be valued at £10 million. Picklive announced that it would use the capital raised to create …

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Metric Gaming partners with ONEworks

Sports betting software provider MetricGaming announced today that it has reached a licensing and distribution deal with sports betting provisions provider ONEworks. ONEworks, which has been appointed Metric’s exclusive distributor to sportsbook operators in Asia, will integrate Metric’s  mobile-optimized sports wagering software into its  ONEbook platform, providing ONEworks’ clients and their end users easy access to Metric’s one-of-a-kind betting products, …

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Betfair Q2 revenues climb 22%

Betfair Plc announced that it had recorded a 22% rise to £119 million in Q2 2014 gaming revenues. The operator outlined that its positive performance had been driven by a strong growth in active customers and favourable sporting results reported during the period ending 31 October. Betfair senior management stated that the operator had continued its positive momentum, gained from …

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