Europe

Former Mr Green Chief Marketing Office Henrik Svensson, has been hired by European sports betting operator Betclic Everest, to oversee development marketing and commercial projects. Betclic informed staff this week, that Svensson would be joining Betclic’s commercial and marketing division on 1 September. Svensson, will work between Everest Betclic offices in Malta and London. Svensson will be tasked with helping …

The UK Gambling Commission (UKGC) has found Camelot UK Lotteries Ltd (Camelot) in breach of its licence to operate the National Lottery and has imposed a financial penalty of £100,000, following the initial miscalculation and subsequent communication and publication of an incorrect National Lottery Lotto jackpot prize amount in October 2013. After a full investigation, and taking account of representations …

Igaming software supplier Playtech reported a strong opening  half to 2014, with revenues up 21% to €214.4 million (£171 million). The software supplier reported further good news, with adjusted EBITDA up 28% year on year to €98 million (£77.9 million) The strong financial performance by the software and igaming services supplier, will see them pay a special dividend of £100m. …

Paddy Power’s operating profit fell by 14% to €60.1 millon (£47.83 million) during the first half of the 2014, the betting and gaming operator stated that it had been hit a run of unfavourable results. The operator stated that despite a poor first half to 2014, it expected a stonger second performance, despite an €11m headwind from product fees, new …

The UK Advertising Standard Authority (ASA) has reprimanded Ladbrokes for causing offence by displaying an advert for betting exchange subsidiary Betdaq in which Rio de Janeiro’s Christ the Redeemer statue is wearing a Betdaq purple and white football shirt. The advert which ran during this summer’s FIFA World Cup in Brazil, was displayed on the Betdaq.com website, and featured the …

SG Gaming, a division of Scientific Games Corporation (Nasdaq: SGMS), has completed the rollout of its new Clarity® cabinet to the Ladbrokes estate. The Clarity® cabinet was installed in all 2,228 Licensed Betting Offices in Ladbrokes’ estate and is a key element in the Ladbrokes 2014 strategy for maintaining a strong offer within the sector. The provision of SG Gaming’s …

Lotteriinspektionen Sweden’s Gambling and Lottery Authority, published its national gambling H1 2014 report showing a decline in revenues of 3% year on year. The poor performance figures showed nearly all verticals (apart from sports betting), down in revenues for the first half of 2014. The market report, showed that regulatd operators had a gross turnover of SEK19.3bn (£1.6bn), however gaming …

Betfair chooses London based Sphonic’s innovative Identity & Risk Management solution, designed ‘to solve industry-wide challenges in digital identity management and fraud prevention. Sphonic’s Workflow Manager (WFM) solution from Sphonic will enable Betfair to build a complete digital picture of each of its customers, allowing them to combine data from a variety of sources for unparalleled visibility over their user …

888 Holdings posted 13% rise in yearly revenues to $225 million (£135 million) for its H1 2014 results. The igaming operator said its record performance was driven by strong growth across B2C product channels, which accounted for $193 million of company revenues. 888 Holdings adjusted earnings before interest, tax, depreciation and amortisation rose by 27% to $49 million (£29.5 million) …

James Taylor, International Business Development Manager for Yieldify, one of Britain’s fastest growing digital marketing start-ups, tells SBC that with growing marketing and retention costs, igaming operators can no longer disregard real time data and marketing actions. Yieldify  is a multi-channel analytics and remarketing platform that helps e-businesses drive incremental revenue from their website. Their technology works by tracking user …