Financial news sources have reported this morning, that Teddy Sagi, founder of Playtech Plc has sold 10% of his equity in the FTSE-listed gambling technology supplier. The news sees Sagi one of the UK’s richest businessmen reduce his stake in Playtech from 33.6 to 23.6%. The sale transaction of 32.2 million shares will be carried out by Sagi’s investment firm …
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Betfair expects Zach Goldsmith to maintain his Richmond Park constituency, despite resigning from the Conservative Party last October following the decision by Government to approve a third runway at Heathrow airport. Goldsmith priced at 1.3 by Betfair, will run unopposed for by the Conservative Party who have backed their former MP as an independent candidate for Richmond Park. However, Betfair …
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Vermantia has announced a new partnership deal with LEAP Gaming, a provider with over nine years’ experience of creating realistic 3D Games and Virtual Sports products across multiple platforms. The partnership enables Vermantia to expand its virtual games portfolio by adding new virtual sports, including Virtual Tennis and Virtual Speedway, all available for retail, online and mobile. The new games …
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UK-facing bingo brands Moon Bingo and Robin Hood bingo helped push revenues up substantially at Stride Gaming which bought the sites as part of an acquisition in the summer. The two brands came with the Tarco assets bought alongside Netboost media and 8Ball for a combined £70 million in July. The acquisitions contributed to the 22 percent rise in net …
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Updating the market, Swedish Aktietorget-listed igaming operator ahaWorld has detailed that it will enter the South American betting market having acquired a majority of equity in an unnamed regional operator. ahaWorld governance informed investors that the company had signed a ‘letter of intent’ for the transaction of a 51% stake in the South American enterprise. The operator will further be …
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Jack Colback has been fined £25,000 after accepting an FA misconduct charge in relation to betting. The Newcastle midfielder breached FA Rule E8 by placing a bet on a fixture that took place on March 16. While it was not a match involving his club, or in the division they were playing in at the time (Premier League), FA Rules …
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Sports Betting Community is proud to announce the launch of the Sports Betting Hall of Fame, a new initiative created to recognise outstanding individual achievements within the sports betting industry. At next week’s SBC Awards 2016 on 7 December, SBC will recognise three members of the sports betting community who have made a real difference to the sector over the …
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Australia’s Olympic Committee (AOC) President John Coates has thrown ‘100% support’ behind calls for an A$50 million (£29.86 million) lottery to boost funding for sport in the country. The proposal comes after Australia’s disappointing 10th place finish in the medals table at Rio 2016, which continued a decline from fourth place in both Sydney (2000) and Athens (2004). Coates made …
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Andrew Daniels Managing Director of specialist mobile and web development agency Degree 53 details to SBC readers why in a digitally connected world, UX design has to be at the forefront of all industry development as stakeholders are faced with increased customer retention costs. Degree 53 is a digital agency, specialising in providing solutions to the gambling industry. The company …
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Seeking to prepare its market for future regulations, the National Betting Authority of Cyprus (EAS) has begun its crackdown on online gambling sites deemed to be targeting national consumers. The actions of the authority have been granted by the Cypriot Finance Committee with a view of creating fair market conditions for sports betting operators seeking a Cyprus license application. The …
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