Europe

Leigh Nissim resigns as CEO of Nektan Plc

SBC News Leigh Nissim resigns as CEO of Nektan Plc

London AIM-listed mobile gambling specialist Nektan Plc has today confirmed the departure of Leigh Nissim as its Chief Executive Officer. Issuing a corporate update, Nektan governance detailed that Nissim will officially leave the business this coming August, with founder and Non-Executive Director Gary Shaw retaking the firm’s CEO position on an interim basis. Nissim a former IGT and GTECH executive …

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Legendary goalkeeper David James stars in SBC Penalty Shoot Out

David James - SBC Penalty Shootout

Former England international goalkeeper David James faced down industry sharpshooters in the SBC Penalty Shootout at Stamford Bridge, the home of SBC Events’ annual Betting on Football Conference. James, who sits second in the list of goalkeepers for most Premier League clean sheets with 169 in 572 matches, faced strikes from industry representatives in a penalty shootout competition which was ultimately …

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Betfair opens Drone Racing markets in partnership with DRL

SBC News Betfair opens Drone Racing markets in partnership with DRL

Betfair has teamed up with the Drone Racing League (DRL), the leading authority for professional drone racing to offer betting markets on the final race of the Allianz World Championship circuit at Alexandra Palace London (13 June). The Championship race will be the UK’s first professional drone race and will be held as part of London Tech Week, Europe’s largest …

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GVC Holdings eyes Bwin Russia market entry

SBC News GVC Holdings eyes Bwin Russia market entry

Russian business news sources are reporting that GVC Holdings’ European sports betting subsidiary Bwin is preparing to launch a licensed Russian sportsbook property Bwin.ru in partnership with Digital Betting LLC. The Bwin project is said to be supported by Russian billionaire financier Alexander Mamut, whose investment firm owns Russian bookmaker Digital Betting LLC which will act as licensing partner in …

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Bookmakers shorten Tory odds as Labour comeback fades

SBC News Bookmakers shorten Tory odds as Labour comeback fades

With less than 24-hours to go until polling stations open, UK bookmakers have shortened the odds on a Conservative Party UK 2017 General Election ‘majority victory’. This morning Paddy Power Politics, detailed that it had cut its ‘Tory Majority’ price from 1/4 to 2/9. Furthermore, the bookmaker has drifted Labour leader Jeremy Corbyn’s chances of becoming PM to 4/1, having …

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Kindred completes £175 million acquisition of 32Red

SBC News Kindred completes £175 million acquisition of 32Red

Updating the market, Stockholm-listed European online gambling group Kindred Group Plc (Kindred) has confirmed that it has completed it’s £175 million acquisition of 32Red Plc (deal first announced 23 February). The announcement sees Kindred acquire 97% of 32Red Plc’s shares, which will now move to fully delist from the London AIM exchange market. Kindred governance informs that it has attributed …

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