New York and Edinburgh based fantasy sports platform FanDuel Inc, has raised $70 million (£42.80 million) in its latest venture funding round. The Edinburgh founded fantasy sports game has received the majority of its latest backing from entertainment and media investment specialists Shamrock Capital.  Prior to the funding round, FanDuel inc had raised $18 million (11.05 million) in investment from …

Following its annual general meeting, nearly a third of Betfair shareholders voted against rewarding the operators executive management. The clash over executive pay comes in the week that Shareholder and corporate governance adviser Pirc had recommended that Betfair investor’s reject the operator’s interim report and accounts at the general meeting, due to the operator’s dividend misconduct over the past three …

William Hill has strengthened its player protection initiatives by launching a social media age verification filter. The operator has launched its new initiative to coincide with new changes to UK gambling laws, as the bookmaker aims to promote responsible gaming and best practice throughout its operations. William Hill will monitor engagement on social media channels to ensure that the operator …

Fuga Gaming Technologies is the new worldwide and exclusive distributer for UMA Premium games. Predominantly a land-based game provider, it has over 70 titles featured in casinos and on cruise ships all over the world. The software house has excelled at building video slots, table, poker and bingo games, multiplayer systems, amusement with prize games, skill with prize and social …

Betradar, supplier of sports and betting related data,has announced the successful launch of its Live Channel for retail betting shops with the German bookmaker Tipico. Tipico has already rolled out the live sports channel in over 200 shops across Germany with the intention to connect up to 1,000 shops, and expand links in Austria, Belgium and Denmark. Betradar’s Live Channel, …

The BiG Sports Dinner taking place at The Dorchester on Wednesday, September 10th, has got the support from more sponsors. Colossus Bets is to become the Auction Sponsor for the event, which will see some great sporting memorabilia auctioned off as well as providing a £2,000 pool bet donation. MyClubBetting has offered to be ‘goody’ bag sponsor, Paypoint has come …

Gala Coral Italian sports betting subsidiary Eurobet has announced the launch of its biggest marketing campaign to date. The Italian sports betting brand are set to target new customers to its recently revamped website, as the operator looks to bring a fresh approach to its marketing, communications and brand coverage. Eurobet Sports Betting Director Carlo Di Maio, revealed to EGR …

Betfair plc posted its opening Q1 2015 financial performance for the three month period ending 31 July 2014. The London listed operator posted a strong opening which saw net gaming revenues up 30% to £117.3 million (Q1 2014: £90.4 million).  Its sports betting division posted a 30% net revenue increase to £83 million (Q1 2014 £64 million), igaming divisions further …

Paddy Power plc has announced the appointment of Andy McCue as Chief Executive Designate, and a director of Paddy Power plc, with immediate effect. McCue will succeed the current Chief Executive, Patrick Kennedy, on January 1st 2015. Patrick announced his intention to step down as Chief Executive at the AGM in May. Andy McCue has been with Paddy Power for …

Sports data and media rights firm, Perform Group PLC is set to reject the £702 million final offer made by Len Blavatnik’s Access Industries this Monday.  Perform Group’s management and board felt that the offer underrated the company’s future value and potential. Monday 2 September, saw investment conglomerate Access Industries, owners of 42.5% of Perform Group issue a cash buyout …