Europe

A new MatchAcca tool has been unveiled by Playtech BGT Sports (PBS), in time for the end of the football season and capitalising on the upcoming Russian World Cup. Available for punters to use on its self service betting terminals (SSBTs), PBS states its tool puts the customer in control to create their own bet by combining several selections. Detailing …

Having been promoted to President of Spanish online gambling trade body Jdigital this January, Mikel López de Torre seeks to develop a progressive, business first and socially responsible framework for Spain’s new and existing stakeholders. Leading Jdigital, López de Torre details Spain’s new upcoming licensing window, which will see new operators enter the market. However, López de Torre warns potential …

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: advertising regulation – tough love Amongst the organisations likely to lose out if ever a ban on gambling adverts is instituted is the fines department at HM …

Updating the market, Stockholm-listed industry affiliate network Catena Media Plc has confirmed the successful placement of a new €150 million senior unsecured bond due for 2021. The update sees Catena governance expand its current corporate debt framework to €250 million ‘new bond loan’, with corporate interest payments reduced from 6.75 to 5.5%. Moving forward, Catena governance will refinance its existing €100 …

FTSE online gambling group GVC Holdings has confirmed that it will offload its ‘Headlong Limited’ Turkish business unit relinquishing any payment from the asset. GVC governance undertakes its decision in order to help secure its £4 billion takeover of Ladbrokes Coral Plc, which is currently being reviewed by the UK Competitions & Markets Authority (CMA), which has set a 21 February deadline …

Announcing its financial results for Q4 2017, in addition to its full year figures, Yggdrasil Gaming has reported a strong showing across the board. Revenues for the period have shown an increase of 61% to SEK 51.2m (€5.1m), up from SEK 31.8m (€3.2m) on the same period in 2016, with mobile gaming making up a total of 59% of the …

Updating the market, Nasdaq-listed gambling technology group Scientific Games Corporation (SGC), has confirmed the successful conclusion of its + $1 billion debt notes sale to private investors. The Nasdaq corporation first announced its $ and € debt sale on 30 January, seeking to restructure its long-term corporate financing. Completing the debt transactions, SGC governance secures the following financing structure: Tranche …

Betdaq has agreed its first racing sponsorship within the United Kingdom in almost two years, thanks to a new partnership with Kempton Park. The Ladbrokes Coral owned betting exchange is to be headline sponsor for Betdaq Chase Day, set to be held on Saturday February 24, which will encompass a six race card. Amongst them are the Grade 2 Betdaq …

Closing its full-year 2017 accounts, Stockholm-listed online gambling group Cherry AB reports solid growth, despite its operational restructure to acquired asset ComeOn. Publishing its full-year 2017 results, Cherry records a group revenue increase of 104% to SEK 2,252 million (FY 2016: SEK 1,102 million), with organic assets contributing 27% of revenue share. A strong revenue performance would see Cherry declare …

Sports betting and gaming solutions provider OPTIMA enjoyed a frantic end to 2017, completing two key deals in addition to scooping the SBC Award for Standalone Platform Provider of the Year. Beginning the new year where they left off the old, Jacob Lopez, OPTIMA Chief Executive Officer, spoke to SBC at last week’s ICE Totally Gaming held at the ExCeL …