GBI Racing, which broadcasts British and Irish racing to betting shops and online operators in more than 40 countries, has reported a record performance for the first half of 2015. Preliminary results for the six months up to June 30, 2015 showed an operating profit of £6.5m, up £0.6m up on the same period in 2014. Factors behind the uplift include: …
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Skillz adds Live Events Platform to facilitate eSports competitions
Mobile eSports developer Skillz, has announced the addition of its new live events platform. This will ensure that any users can organise mobile video game tournaments and competitions, and moreover, they can live stream them to any device. The implications of this are that charities, restaurants, bars, non-profits and virtual venues can host their own eSports competitions, either for cash …
Read More »IPL match fixing suspensions rock Indian cricket
Indian Premier League (IPL) cricket has been rocked, following the decision of an appointed panel to suspend the Chennai Super Kings and Rajasthan Royals on corruption charges relating to illegal betting and match fixing. The cricket teams which form part of an eight team league have been suspended for a period of two years. The three man appointed panel further …
Read More »TopBetta seeks September ASX listing
Australian wagering and fantasy sports operator TopBetta is set to list on the Australian Securities Exchange (ASX) as its seeks to raise between AUS $5 – $7 million in investment. The company has targeted a September listing, as it seeks to fund its expansion within the burgeoning Australian online betting market. TopBetta governance stated that it would use its hybrid …
Read More »Plumbee – Mirrorball Slots hits $50 million lifetime revenue mark
London based social games developer Plumbee, has announced that its social gambling app, Mirrorball Slots, has exceeded $50,000,000 in lifetime revenue and more than 10 million downloads across all platforms. Mirrorball Slots was launched on Facebook in 2012 and later re-launched for mobile as Mirrorball Slots: Kingdom of Riches on iOS and Android. The London based gaming developer has focused on …
Read More »William Hill refunds fox hunting wagers following vote postponement
William Hill has confirmed that it has refunded all bets on the fox hunting vote that was due to take place this week, after the government postponed it until at least the Autumn. “The voting landscape in the Autumn could be very different with Scottish MPs potentially having less influence on English laws. The SNP has scuppered Cameron’s calls for …
Read More »FanDuel secures $275 million with Google & Time Warner as Series E investors
Leading daily fantasy sports operator FanDuel has been valued at $1 billion, following its latest venture capital ‘Series E’ round of $275 million. The investment round was led by Venture Capitalist firm Kohlberg Kravis Roberts (KKR), technology news sources report that new FanDuel investors include Time Warner and Google Capital (Source: Crunchbase). The $275 million comes less than 12 months …
Read More »32Red acquires Roxy Palace for £8.2 million cash & shares
The igaming sector reports another corporate acquisition as Gibraltar operator 32Red confirms that it has acquired online casino Roxy Palace for £8.2 million in a cash and shares deals from Hyperlink Media Ltd and Applied Logics Ltd. 32Red governance confirmed that it would pay £2 million cash for the acquisition of Roxy Palace operations, with a further 10 million shares issued …
Read More »Italy’s Serie B delays league start by 2 weeks following Catania match fixing scandal
The ongoing Catania match fixing scandal has seen the start of the Serie B football season pushed back two weeks from 21 August to 5 September. The push back follows last month’s admission by Calcio Catania Owner/President Antonino Pulvirenti to fixing 5 Serie B matches in an attempt to prevent the Sicilian club from being relegated. Pulvirenti further admitted to …
Read More »Matchbook furthers sponsorship of Brentford FC
Online betting exchange Matchbook.com has furthered its exciting partnership with West London football club Brentford FC, by becoming ‘The Bees’ official shirt sponsor for the 2015/2016 Championship season. Brentford FC CEO Mark Devlin unveiled the club’s new shirt and sponsor for the upcoming season. Devlin revealed that the partnership with Matchbook.com, represented the biggest sponsorship deal in the club’s history, …
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