Europe

Updating the market, the governance of Toronto TSX-listed The Stars Group Inc has confirmed that it will publish a ‘business acquisition report’ (BAR) related to its $4.7 billion takeover of Sky Betting & Gaming on Monday 17 September 2018. The report will include Sky Betting and Gaming’s audited financial statements for the fiscal year ending 30 June 2018 as well …

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Problem Gambling Rate Declines – That’s Good, Right? Good things it appears, do come to those who wait. GB Gambling Commission executives have made much in recent times of the need …

Under the banner ‘Together for the Tote’, investment consortium Alizeti has unveiled the executive management team which will seek to revitalise the Tote’s racing pools betting proposition. Led by racing financier Alex Frost, last May Alizeti secured a 25% stake in the Tote, valued at approximately £150 million with a further option to acquire 100% of the legacy operator in future transactions. …

Lottoland has diversified the payments services made available to its players and targeted new markets after striking a deal with MuchBetter. As MuchBetter’s first lottery customer, this deal also represents an expansion into a new market for the iGaming payments company. Lottoland has chosen MuchBetter as an up-and-coming alternative to traditional e-wallets, after looking for a mobile first wallet solution …

Last I checked, signs of impending apocalypse have yet to include high street bookmakers’ signs flapping in the wind. However, if you were to listen to many on the retail high street, the four horsemen are bearing down on retail operators – and at least one of them is riding a FOBT, writes Richard Thorp, Business Development Director for FSB. First, …

London-listed online gambling group 888 Holdings, has bolstered its active US portfolio launching its 888sports online sportsbook brand for the regulated state of New Jersey.   Updating the market, 888 adds online sports betting services to its existing online casino and poker verticals active within New Jersey since 2013. 888sports New Jersey property will be powered by the firm’s long-term …

Grupo Cirsa and Ladbrokes Spanish market joint-venture Sportium has announced that it has reached a milestone 3,000 active betting points within Spain. The bookmaker details that it has managed to significantly expand its betting-point inventory, partnering up with Spanish arcade and leisure firm Grupo El Dorado, boosting its retail network. The El Dorado partnership has seen Sportium expand its in-store …

Sports data and media rights distributor Genius Sports Group begins a new era under the ownership of US multinational private equity firm Apax Partners. This afternoon, Mark Locke Chief Executive and enterprise co-founder of Genius Sports confirmed that Apax had completed its acquisition. “With the acquisition now complete, we are eager to put our growth plans into action and embark …

At tomorrow’s meeting at Stratford-upon-Avon racecourse, BetVictor will become the first ever gaming company to appear on an industry-first LED fence advertisement. The announcement comes after Stratford Racecourse sponsor BetVictor agreed a partnership with Priority Sports Marketing, the marketing agency tasked with managing the project. An animated graphic of the BetVictor logo will appear on the final fence on the …

FTSE250 industry technology group Playtech Plc has confirmed this morning that it will sell its entire holding of ordinary shares in CFD trading platform Plus500. Updating investors, Playtech governance has sanctioned the sale of 11.4 million shares in Plus500, targeting a sale price of ‘1,550 pence per ordinary share’ – £176 million (€196m/$228m). Playtech’s current holding represents approximately 10% of Plus500’s issued …