Greek gambling operator OPAP, will speed up its internal investment plans having secured a €200 million bond issue, through Greek and foreign investors. The bond will provide the company with the funds needed to carry out its ambitious video lottery terminals (VLT) expansion and upgrade its lottery and gambling networks. OPAP governance detailed that its gained investment would be split into …
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Cherry AB unifies all igaming assets under ComeOn business area
Having completed its outright acquisition of Malta-based European online casino operator ComeOn, Stockholm-listed Cherry AB has announced that it will unify its industry igaming portfolio under the acquired ComeOn brand. Confirming its restructuring decision, Cherry AB governance stated that all Cherry iGaming B2C assets, would be moved to the ComeOn brand as of 1 April 2017, with the firm creating …
Read More »GIG, Better Collective, Easyodds and OLBG debate affiliate M&A at Betting on Football 2017
The CEO of Gaming Innovation Group (GIG), a M&A driver in the affiliate marketing arena, will be starring in the first day Affiliate Leaders panel at Betting on Football 2017. Group CEO Robin Eirik Reed will be discussing the M&A focused strategy for GIG, the relationship between bookmakers and affiliates, the scope for new market entrants and whether affiliates are …
Read More »LeoVegas fails to find the value winners at Haydock Races
It was a day for short price winners in the Tipster Challenge, sponsored by Betting Gods. The six races at Haydock produced winners at 1/14, Evens and 7/4. Unfortunately for our experts, which this week included LeoVegas Sportsbook Manager Edward Rycroft, none of them had predicted victories for the day’s slightly longer odds successes – 3/1 Chti Balko, 7/2 Sammy …
Read More »How affiliates can tee up some profits at the Masters 2017
Tipping resource Betting Gods has encouraged major affiliates to promote its Golf Betting Expert in the run up to the first major of the golfing year at Augusta National (6-9 April). Over £100,000 was paid out to affiliates of Betting Gods in 2016, which includes the likes of Honest Betting Review, Tipsters Review, GeeGeez, Cash Master, Winners Odds and Geeky …
Read More »Betfair – TV debates favour Macron as France 2017 hits £8 million mark
Betfair politics reports that France’s two-and-a-half hour Presidential TV debate (21 March) has favoured ‘En Marche’ candidate Emmanuel Macron who is now priced at 5/8 (61% chance of winning) to become France’s next leader. Updating its ‘France 2017’ market, Betfair politics is still seeing plenty of support for far-right ‘Front National’ leader Marie Le Pen who has seen her odds …
Read More »Racecourse Media Group appoints sports commerce veteran Andy Anson as Non-Executive Director
UK Racing media rights holding firm Racecourse Media Group (RMG) has moved to strengthen its governance and leadership advisory by appointing Andy Anson as a new Independent Non-Executive Director. Anson a sports industry commercial and media veteran, has held leadership positions at ATP Tennis and Manchester United. He further consulted the FA on its 2018 FIFA World Cup bid. RMG …
Read More »Industry First…Playtech launches cross-border Veikkaus-win2day poker network
Declaring an ‘igaming industry first’, FTSE-listed gambling technology and platform supplier Playtech Plc has confirmed the launch of a ‘cross-border’ poker network in partnership with state-owned operators Veikkaus (Finland) and win2day (Austria). Launching the co-shared network which is powered by iPoker software, Playtech details that this is first time ‘two regulated entities have joined forces to share cross-border poker liquidity …
Read More »Christian Gruber departs as Tipico Deutschland marketing lead
Malta-based European sports betting operator, Tipico Group (Tipico) has confirmed that Deutschland Marketing Director Christian Gruber has resigned from his executive position. Updating stakeholders, Tipico governance informed that Gruber would leave the company on 15 April, to pursue ‘new career challenges’. Gruber has served as marketing and communications lead for Tipico’s German division since April 2014. During his tenure, the …
Read More »Amaya hits ‘record revenues’ despite poker being hit by currency fluctuations
Presenting its full-year 2016 results, Toronto-listed Amaya Inc was pleased to report ‘a record year of revenues’ as the company looks continues to diversify its product portfolio and increase its profile within regulated online gambling markets. Amaya governance would declare full-year 2016 group revenues of $1.15 billion up 8% on corresponding FY 2015’s $1.07 billion. The operator would hit ‘record …
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