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IGT promotes Fabio Celadon as Gaming Portfolios lead

SBC News IGT promotes Fabio Celadon as Gaming Portfolios lead

Updating the market, New York-listed IGT Group Plc has confirmed the promotion of Fabio Celadon to the position of Senior Vice President of Gaming Portfolios. Celadon who formerly served the company as Managing Director of China and as Asian business lead for IGT International will take on the newly formed executive position reporting directly to Group CEO Marco Sala. IGT …

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Susan O’Leary – Alderney – Strength in numbers

Alderney - Copyright: wavebreakmediamicro / 123RF Stock Photo

Susan O’Leary, Director of eCommerce at Alderney, says a recent panel discussion at the ASEAN Gaming Summit suggests progress is on the horizon when it comes to combating match fixing. During the recent ASEAN Gaming Summit in Manila, I was invited to take part in a panel on sports betting regulation. Expertly moderated by Harmen Brenninkmeijer of Dynamic Partners, the …

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IGT confirms sale of Double Down to Korean games developer DoubleU for $825 million

SBC News IGT confirms sale of Double Down to Korean games developer DoubleU for $825 million

This morning New York-listed IGT Group Plc has informed the market that it has signed a ‘definitive agreement’ to sell its social casino subsidiary Double Down Interactive (Double Down) to South Korean games developer DoubleU Games (DoubleU). IGT governance informed investors that it had agreed to sell its social casino asset for $825 million, representing a value of 10.5x on …

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Habanero reports record month-on-month growth ahead of European expansion

SBC News Habanero reports record month-on-month growth ahead of European expansion

A strengthened international commercial pipeline has helped industry slots and games developer Habanero achieve a ‘record breaking start’ to its 2017. Updating the market, Habanero management informs that its games portfolio is currently growing at a 15% average month-on-month increase. The firm’s growth in its game metrics has been assisted by new commercial partnerships. In Europe Habanero has secured new platform …

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Tabcorp settles AUSTRAC record AUS $45 million compliance fine

SBC News Tabcorp settles AUSTRAC record AUS $45 million compliance fine

The Australian Federal Court has today approved ASX-listed Tabcorp Holding’s AUS $45 million (£27 million) settlement with financial watchdog AUSTRAC relating to severe breaches of its money-laundering code and corporate compliance failures. Tabcorp governance has agreed to pay the record fine, on the condition that AUSTRAC withdraws any further allegations of non-compliance against the company. As reported in February, Tabcorp …

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Susan O’Leary – Alderney – Defining a harmonious approach for new market entry

SBC News Susan O’Leary - Alderney - Defining a harmonious approach for new market entry

Susan O’Leary, Director of eCommerce for Alderney eGambling, on some of the pitfalls operators face when entering new markets and why a harmonious approach to regulation is the key to success    ___________________ New and emerging markets are providing operators and suppliers with an exciting and lucrative opportunity to put their brands and products in front of more players than …

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Sponsorship Spotlight – Doubling up on Premier League sponsorship

Football Index - Copyright: dizanna / 123RF Stock Photo

Thrust into the Sponsorship Spotlight this week was John Cruces, Head of Sports Marketing and Sponsorships at Dafabet. We caught up with him to discuss sponsorship of Sunderland and Burnley, the introduction of ‘sleeve sponsors’ in the Premier League, and the form of the record-breaking Bhoys. SBC: Can you explain to SBC readers why you chose to ‘double up’ on …

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Fenway Games launches in China with HQ Sports

SBC News Fenway Games launches in China with HQ Sports

Fenway Games has announced its biggest deal to date which will see the company’s SnapPlay product launched into the Chinese sports market via a deal with Chinese social sports platform HQ Sports. The deal will see Fenway provide a social version of its instant-betting app which will be distributed via HQ Sports’ MiaoHi social sports app and its Jihai app, …

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Holy Grail! Adelson prepared to invest $10 billion in Japanese casino resort

SBC News Holy Grail! Adelson prepared to invest $10 billion in Japanese casino resort

US business news sources have reported that billionaire casino magnate Sheldon Adelson will potentially invest up to $10 billion should Las Vegas Sands Corporation be granted an ‘integrated resorts’ license by the Japanese government. “It would be at least what we paid in Singapore, $6 billion including the land, but it could be as much as $10 billion,” Sheldon Adelson …

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