Independent online bookmaker bet365 has informed the market that it is seeking an additional 90 new recruits for its Manchester ‘Spring Gardens’ technology hub. Opened last April 2016, the bet365 Manchester hub acts as a technology support and development arm for the firm’s HQ in Stoke (Staffordshire). The technology hub’s development has been led by Warren Hughes, bet365’s Head of …
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Amaya Inc declares strong start to 2017 as company records all-metric growth
Toronto-listed online gaming group Amaya Inc has declared a strong start to 2017 as the company progresses on its product diversification strategy. Updating the market on its Q1 2017 performance (period ending 31 March), Amaya governance would declare ‘all-metric’ growth across its core reporting benchmarks, as the company records $317 million in group revenues. The operator reports that its online poker …
Read More »Unfavourable sports results and group development costs impact Fortuna Q1 2017 profits
Unfavourable sporting results combined with higher operational costs have impacted Eastern European gambling operator Fortuna Entertainment Group Q1 2017 performance. Updating investors Fortuna governance would detail ‘robust’ set of metrics during the period as the company recorded a total group wagering of €302 million up 20% on corresponding 2016 performance. Closing the period, Fortuna would further report a Gross Win …
Read More »Amaya confirms appointment of William Hill’s Robin Chhabra
Amaya has confirmed the appointment of William Hill’s Group Director of Strategy and Corporate Development Robin Chhabra, who is expected to make the move in September 2017. Following a brief garden leave from William Hill, Chhabra will fill the newly created position of Chief Corporate Development Officer at Amaya, reporting to company CEO Rafi Ashkenazi. Ashkenazi commented: “Robin Chhabra’s deep …
Read More »Ladies First…bet365 secures Silk Series betting partnership
Arena Racing Company (ARC) has announced that bet365 will be the official betting partner of its Silk Series promoting female horseracing. The Silk Series which hosts its inaugural race at Lingfield Park this afternoon, is a new initiative that sees female jockeys, both professional and amateur, compete in races hosted on nine Ladies Days across ARC racecourses in 2017. Lingfield Park …
Read More »Board restructure sees GVC’s Heike Mayer succeed Mike O’Kane as ESSA Chair
Updating the market, International betting integrity body ESSA has elected a new Chairperson and expanded its board. FTSE listed GVC Holdings Heike Mayer succeeds outgoing ESSA Chair, Mike O’Kane, who has held the position since 2012. The ESSA board has also expanded to reflect its growing membership, with Betway’s Jon Russell and David Foster of Paddy Power Betfair strengthening the …
Read More »Yggdrasil posts super start to 2017 as company strengthens product development & commercial arms
Presenting its Q1 2017 trading statement, the governance of Yggdrasil Gaming states that it is confident of achieving its full-year corporate expectations having recorded a very strong start to its financial year. Updating investors, Yggdrasil would declare an all-metric improvement, as corporate revenues increased by 134% to SEK 33 million/ €3.45 million (Q1 2016: SEK 14.2 million). The firm’s strengthened …
Read More »Jon Tricker – KPMG – Gibraltar stakeholders united in tackling Brexit impacts
Gibraltar’s eGaming operators are not being browbeaten by Brexit says Jon Tricker, Managing Director KPMG Gibraltar, as he assesses the outlook for the Gibraltar eGaming industry following the Gibraltar eSummit last March. ________________________ It’s difficult for any outlook on Gibraltar’s future not to be dominated by reference to Brexit but it’s also surprising how, in just a few months, talk has …
Read More »Stephen Harris lands longest odds Tipster Challenge winner
Stephen Harris from bettingexpert pulled off the longest odds win in the history of the Tipster Challenge, after correctly backing 16/1 Montaly to win the 3:35 at Chester. This came after Harris had started the new Jump Season competition, sponsored by Betting Gods, by landing his 2/1 Nap of the Day on Enable. The horse racing guru then followed up …
Read More »Coingaming Group appoints Richard Walsh as new MD
Updating the market, Bitcoin gaming operator The Coingaming Group has appointed ex-William Hill executive Richard Walsh as its new managing director. An industry veteran, Walsh spent more than 20 years at William Hill in a variety of senior management positions, and has relocated to the Coingaming Group’s headquarters in Tallinn, Estonia. As the firm’s new MD Walsh will oversee operations and …
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