Europe

Mark Johnston, a leading horse trainer, has blasted the Arena Racing Company’s (Arc) contribution to the prize-money as the racing group prepares to offset the government cuts to FOBT stakes. Arc announced in December 2018 that it “simply cannot continue” to maintain its current contributions to the prize-money fund, and would be issuing a reduction to its contribution by £3m. …

London-listed Gaming Realms has confirmed the sale of Bear Group, its real-money gaming operating subsidiary to River iGaming, whilst further offloading its 30 per cent share in River UK Casino. The sale was agreed for a cash consideration of £11.5m, which is set to include the settlement of the contracted deferred consideration of £4.2 million owed to Gaming Realms by …

The governance of Stockholm-listed industry affiliate marketing network Catena Media has confirmed that it will put forward the appointments of Göran Blomberg and Per Widerström as new members of the board, to be voted on at the firm’s upcoming AGM scheduled for 2 May 2019. Issuing a corporate filing, Catena governance discloses that Optimizer Invest senior partners Henrik Persson Ekdahl …

The Government has emphasised it will help owners to navigate the new processes for moving horses and other equine animals from the UK to EU member states, in the event event of a ‘no deal’ Brexit. Although, leaving the EU with a deal remains the top priority, the government is continuing with ‘no deal’ preparations to ensure the country is …

Blockchain-technology focused BETR has adapted its decentralised betting system to give customers the opportunity to now place bets using multiple cryptocurrencies. As part of the new system changes, punters will have the option to decide which currency they wish to place a bet in. Wagers will then be stored in any one of the supported currencies, and can then mixed …

The Italian Competition Authority (AGCM) has issued a €7m (£6.1m) fine to Sky Italia after the pay-television broadcaster was found to have violated the country’s Consumer Code on more than one occasion. AGCM ruled that Sky Italia had failed to market its broadcasting rights to Serie A, the top Italian division of football, on two occasion by suggesting that its …

Betinvest has presented a new Online Gaming platform made up of the following core modules – Sportsbook, Marketing, Payment, Third Party, Responsible Gaming and Management. The betting platform provider introduced this “one-stop platform” at this month’s ICE London exhibition, an event which marked its 20th anniversary in the industry. Through this imminent platform launch, Betinvest will offers its clients the …