Europe

Home expansion sees Codere hit +2,500 betting points in Spain

SBC News Home expansion sees Codere hit +2,500 betting points in Spain

Spanish gambling firm, Grupo Codere has announced that it has surpassed +2,500 betting points operating within its home market of Spain. During the first two months of 2018, Codere has strategically expanded its retail presence in the regions of Andalucía and the Balearic Islands. The Balearic and Andalusian expansions support Codere’s 2017 dedicated betting shop openings in Madrid and Castilla …

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SG Gaming partners with Paddy Power

SBC News SG Gaming partners with Paddy Power

Scientific Games Corporation has announced that the Company’s UK division, SG Gaming, has rolled out its , new Equinox 2.4 terminals across Paddy Power in a 30 shop trial. The Equinox 2.4 features three 24” HD screens with silver bezel design, an immersive sound system and integrated barcode reader for scanning free bet rewards directly from a smartphone. The terminal also offers …

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1xBet takes two stand approach to successful ICE exhibition

1xBet

1xBet showcased its B2B product for the first time at last month’s ICE exhibition, before introducing its one-year old affiliate program to markets across Asia, Africa, Europe, and Latin America. Having hosted two stands at ICE (6-8 February), one for B2C and one for B2B, the European operator said the outcome of the exhibition had “exceeded all expectations”. The 1xBet …

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Jason Trost – Smarkets gearing up for sportsbook rollout

SBC News Jason Trost - Smarkets gearing up for sportsbook rollout

Jason Trost the CEO & Founder of online betting exchange Smarkets, has revealed that his firm will move to launch a traditional sportsbook platform supporting its existing operations. Speaking to Bloomberg Business, Trost detailed that Smarkets had spent circa $5 million developing its sportsbook extension which will attached to the Smarkets exchange. Focusing on the in-house development of its proprietary …

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UKGC digital compliance lead Richard Bayliss joins Playtech Plc

SBC News UKGC digital compliance lead Richard Bayliss joins Playtech Plc

FTSE-listed gambling technology provider Playtech Plc has confirmed the appointment of Richard Bayliss as its new Regulatory Compliance Manager. Bayliss joins Playtech’s group compliance team, from the UK Gambling Commission where he served as the UKGC’s Senior Online Manager (2006-2018). In his new role Bayliss will be a key corporate stakeholder in leading the direction of Playtech’s group responsible gambling initiatives and strategy. …

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Playtech BGT Sports’ MatchAcca to capitalise on World Cup fever

InCrowd

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 …

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Mikel López de Torre: Jdigital – Spain’s Open Opportunity…

SBC News Mikel López de Torre: Jdigital - Spain's Open Opportunity...

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 …

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Winning Post – GVC hit with heavy fine for misleading adverts

SBC News Winning Post - GVC hit with heavy fine for misleading adverts

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 …

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Catena increases corporate debt structure to €250 million

SBC News Catena increases corporate debt structure to €250 million

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 …

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Clean Turkish break costs GVC Holdings €46 million

SBC News Clean Turkish break costs GVC Holdings €46 million

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 …

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