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 …
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Catena restructures board as Optimizer Invest decreases shareholding
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 …
Read More »Mims Davies signals end of Under-18s gambling
Mims Davies, UK Minister for Sports & Civil Society (DCMS), has detailed that the National Lottery will have to make adjustments, as the government continues to push for higher standards across all UK gambling disciplines. Speaking to the Commons ‘House Magazine’, Davies has stated that she seeks to terminate all current forms of under-18s wagering/betting. The Minister for Sports seeks …
Read More »Government issues racing assurances over ‘no deal’ Brexit
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 …
Read More »More bets wagered on Six Nations as England tipped for success
UK punters’ interest in the Six Nations has continued to grow, with 26 per cent more bets being placed in comparison to this time last year. Ahead of this weekend, Wales vs England has proven to be the most popular betting event of the tournament so far, with five times more bets being placed on this game in comparison to …
Read More »BETR launches multi-cryptocurrency betting
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 …
Read More »AGCM issues fine to Sky Italia following Serie A marketing violations
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 …
Read More »One-stop gaming platform presentation marks 20th birthday for Betinvest
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 …
Read More »Maltco Malta tasks Vermantia with delivering bespoke racing channel
Vermantia specialist in immersive gaming/betting content has announced that it will expand its live horse racing channel within Malta, securing a partnership with Maltco Lotteries, operator of Malta’s largest retail network. The partnership will see Vermantia develop and deliver a bespoke channel for Maltco properties, featuring round-the-clock coverage of races from the UK, US, Australia, India and South Africa. Vermantia secures …
Read More »Andrew Thomas ends tenure as Playtech advisor
Further to publishing its full-year 2018 results, yesterday FTSE250 gambling technology group Playtech Plc confirmed the departure of Andrew Thomas as a corporate Independent Non-Executive Director. A seasoned executive in corporate financing, taxation and UK leisure/entertainment commercial enterprise, Thomas has served as a Playtech governance advisor since 2012. During his tenure as a Playtech Non-Executive Director, Thomas chaired the FTSE …
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