Cryptologic operated online poker room Playboy Poker has shut down its services following a review of its business and performance by new owners NYX Gaming. The white label poker room which operated on the Ongame Poker Network, had served prior notice to its player base alerting players that it would discontinue its operations. Playboy Poker customers were given till the …

Under Age Sales, the social enterprise that specialises in helping retailers prevent underage sales, has teamed up with The Federation of Racecourse Bookmakers (FRB) to provide robust new training to tackle underage gambling at racecourses across the UK. Training for the BTEC Level 2 Award for Preventing Underage Gambling is currently being rolled out to more than 400 on-course bookmakers …

CMC Markets,provider of spread betting and CFD trading has announced that they will be joining Land Rover BAR as Official Partner to help bring the America’s Cup home. The America’s Cup is the oldest international trophy in world sport, pre-dating the modern Olympic Games, the Ryder Cup and the World Cup. The America’s Cup started in 1851 with a race …

Mobile payments provider Bango Plc CEO Ray Anderson has been selected as a delegate to represent UK commerce and business in Prime Minister David Cameron;’s “Asia Trade Mission”. The commercial trip to visit heads of state of Asia, will focus on promoting the UK’s fast growing financial technology sector. Unlike similar visits in the past, Mr Cameron’s party will have …

The US tech industry has branded the birth of another ‘Unicorn’ as daily fantasy sports (DFS) operator DraftKings announces that it has raised $300 million (£195 million) in series D funding. 21 Century Fox’s Fox Sports division contributed the majority of the rounds funding capital, other investors included venture capital firms Atlas Ventures, Kraft Group and Raine Group. This latest …

The agreed £2.3 billion merger of Ladbrokes and Gala Coral which awaits final approval from the UK Competition and Markets Authority, will likely see hundreds of retail outlets controlled by the operators placed up for sale. The new business entity which will form the UK’s biggest retail bookmaker with a combined 4000 outlets, will likely be forced to sell parts …

After last month’s proposed £2.3bn (€3.23bn) merger between Ladbrokes and Coral was amicably agreed last week – subject to approval by the UK Competition and Markets Authority – the industry moves onto what could become a more bitter battle. Ten days ago, 888.com’s £900m (€1.27bn) offer to acquire its larger e-gaming rival Bwin.party Digital Entertainment (Bwin) was accepted, announced and …

Following last week’s announcement that it would consider its options regarding its acquisition bid for bwin.party entertainment, GVC Holdings has tabled a £1 billion takeover offer to snatch the operator from 888 Holdings. Having ended its bwin.party special purpose acquisition vehicle with Toronto Listed Amaya Inc which offered an initial£908 million for the operator. GVC has secured deal funding for …

Ladbrokes and Grupo CIRSA Spanish gambling joint venture Sportium, has confirmed that it will extend its official betting partnership with the Liga Nacional de Fútbol Profesional (LFP), the governing body of the top two divisions of professional football in Spain (La Liga and the Segunda Division). In October 2014 Sportium had been approved to become the official betting partner of …

Playtech will become the first winner of the Gala Coral Ladbrokes merger as the gambling technology provider is set to receive £75 million under a new marketing services and provisions agreement arranged with Ladbrokes Plc. The £75 million sum will be paid to Playtech upon the completion of the merger. At present the technology firm currently acts as platform and …