Europe

No Deal! Paysafe Group hit by shareholder revolt of executive pay scheme

SBC News No Deal! Paysafe Group hit by shareholder revolt of executive pay scheme

Online payment provider, Paysafe Group Plc (Paysafe) has become the latest FTSE-listed company to face a shareholder dispute regarding executive pay.   Despite governance announcing on Wednesday that the company was outperforming its market guidance, 52% of shareholders voted against Paysafe’s executive payment scheme at the firm’s annual general meeting. It is understood that Paysafe investors are unhappy with CEO …

Read More »

Paddy Power launches Cash Card PPLus

SBC News Paddy Power launches Cash Card PPLus

Paddy Power has upgraded its customer prepaid card to a new contactless service powered by MasterCard which will allow players to have instant  and unrestricted access to their online funds. Announcing its new ‘Cash Card PPLus’ service through its blog, the prepaid card will enable players to withdraw funds instantly, drastically reducing customer withdrawal waiting times which can take between …

Read More »

Amaya launches BetStars Italian beta product

SBC News Amaya launches BetStars Italian beta product

Today sees the launch of BetStars in Italy, as Amaya Inc moves ahead with expanding its subsidiary sports betting product services within Europe. Italy represents the second European market opening for the BetStars brand, which was launched in the UK in January of this year. Following the conclusion of its AGM, Amaya governance announced that the company would move to …

Read More »

Luke Tarr of Star Sports takes the Tipster Challenge at Hamilton

SBC News Luke Tarr of Star Sports takes the Tipster Challenge at Hamilton

Luke Tarr, Head of Public Relations at Star Sports, becomes the latest industry expert to take the Tipster Challenge at Hamilton today. He has been with the company since March 2008. Star Sports are an independent bookmaker, offering unique bespoke services to their clients both on and off course, as well as facilitating some of the largest industry bets. He …

Read More »

Strong opening to 2016 sees Paysafe Group outperform market guidance

SBC News Strong opening to 2016 sees Paysafe Group outperform market guidance

Following a strong start to its 2016, FTSE 250 online payment provider Paysafe Group PLC  (Paysafe) has declared that its corporate performance is outperforming year market expectations. Paysafe Group (the merged entity of Optimal Payments and Skrill) who secured a December listing on the London FTSE, stated that its strong opening momentum will likely continue for the rest of 2016. …

Read More »

Olybet relaunches affiliate programme with Income Access

SBC News Olybet relaunches affiliate programme with Income Access

Industry affiliate marketing and player acquisition software provider, Income Access continues its recent run of commercial partnership successes announcing that it has agreed to service the affiliate programme of Estonia-based gambling operator Olympic Entertainment Group (OEG). Updating the media, Income Access management detailed that OEG will relaunch its OlyBet brand affiliate programme utilising its igaming specialised marketing software. Regulated by the …

Read More »

Titanbet UK furthers racing coverage with Chelmsford City racecourse sponsorship

SBC News Titanbet UK furthers racing coverage with Chelmsford City racecourse sponsorship

Titanbet UK (Titanbet.co.uk) continues to increase its brand coverage within UK racing by announcing its latest sponsorship link-up with Chelmsford City racecourse. The bookmaker will commit to sponsoring twenty race days at one of UK racing’s newest tracks, which opened in January 2015. The bookmaker’s sponsorship will begin on Thursday the 26th May. Titanbet UK adds Chelmsford City to its …

Read More »

HMRC denied Supreme Court appeal against Sportech £95 million tax claim

SBC News HMRC denied Supreme Court appeal against Sportech £95 million tax claim

Issuing a market update, Sportech Plc has announced that the UK Court of Appeal has denied HM Revenue & Customs (HMRC) permission to appeal the decision which ruled in Sportech’s favour regarding a £97 million tax repayment claim to the Supreme Court. The decision by the Court of Appeal will likely end Sportech’s 7-year battle with HMRC regarding the tax …

Read More »

Camelot revenues hit all time high thanks to digital uptake

SBC News Camelot revenues hit all time high thanks to digital uptake

UK national lottery operator Camelot, has detailed that its continued focus on optimising its digital channels has paid dividends as corporate revenues hit an all-time high of £7.6 billion. The group revenue increase comes despite a slight ticket sales decrease in its draw-based games which recorded revenues of £4.6 billion for the 2014/15 financial period. Camelot governance stated that it …

Read More »