SBC News Voice of the Sports Betting Industry
Israeli based igaming software and technology provider Playtech has informed shareholders that it has acquired a 3% stake in troubled igaming operator Ladbrokes Plc. According to UK newpaper the Daily Telegraph ,The Playtech board informed shareholders that it had purchased its stake at a value of (US) $38m, calming speculation that Playtech would acquire outright Ladbrokes. Playtech controlled by Israeli …
Read More »Europe
Svenska Spel End All Player Bonuses
Sweden’s state run gaming operator Svenska Spel has taken a bold step by preventing all forms of player bonus offerings on its igaming verticals. Svenska Spel are looking to curve problem gambling in Sweden, the operator believes that promotion of igaming bonus and game incentives are ‘socially irresponsible’ for the Swedish gaming market. The operator has taken the decision to …
Read More »William Hill Face Tough 4th Quarter For 2013
iGaming operator William Hill published third quarter 2013 results that saw the company drop £20m below set expectations for company performance in the year. William Hill saw operational revenue increase by 10%, nevertheless net operating profit was down 31% on set targets. William Hill have warned investors that there is no certainty whether the company will be able to make …
Read More »BET365 Headline Newbury Racecourse Hennessy Heritage Festival
The Racecourse Newbury today announces that bet365 has become the new headline sponsor for the Hennessy Heritage Festival, signing a new long term agreement. Headquartered in Stoke and with a worldwide customer base of over ten million, bet365 is the world’s largest online sports betting company. They will sponsor races across the three days including the Grade Two bet365 Long …
Read More »Team SBC Out & About at EIG Barcelona
Team SBC will be covering the upcoming EIG Barcelona Expo at the Fira Barcelona Hall from the 8-10 of October. For those lucky enough to attend, EIG Barcelona is the biggest gaming convention covering all major topics, services and innovations for the gaming sector. For the unlucky ones that cannot make it out to Barcelona this year, fear not as …
Read More »Slovak Football Rocked By Match Fixing Allegations
Slovak football has been rocked this weekend by allegations concerning four active and three former Slovakian professional football players regarding football match fixing and having ties with Asian-based match fixing groups. This past weekend saw the arrest of 16 people with ties in Slovak football in a Slovak and Czech police joint task-force to stop corruption in regional sports. Slovak …
Read More »William Reeve Set To Leave Paddy Power
William Reeve the Head of Operations for Irish igaming operator Paddy Power has announced that he intends to step down from his current position, in order to pursue personal commercial opportunities outside of igaming. Reeve had held the position of Head of Operations for the Dublin based operator for just over one year, prior to his operational role Mr Reeve …
Read More »Opportunities in the Social Club – Rasmus Sojmark Oddslife CEO
There can be little doubt that social casinos and social poker rooms have become hugely popular. While the debate of whether the traffic on these verticals can be turned into higher grossing ‘Real Money Gaming’ players still rages, Sean Ryan from Facebook recently said that the lifetime value of a social casino player was around US$500. It cannot be denied …
Read More »bwin.party Announce Business Overhaul to Support New Business Strategy
The bwin.party board have warned that 2013 year revenue would fall by up to 17 percent as senior management look to shrink its operations and concentrate on fewer markets and optimize it’s revenue streams. The igaming operator will now look to focus its operations in regulated markets and potential US regional markets, as the country looks to open legislation on …
Read More »William Hill Prepare for Australia with Relaunch of Brand
iGaming operator William Hill announced this Friday a 20% rise in it’s first half of 2013 year sales. William Hill stated that it had experienced a “record” Grand National, after Auroras Encore, the 66-1 outsider, rode to victory.The bookmaker also noted a gain of £400,000 staked on the birth of the Royal baby, which William Hill claimed to gain 4,000 …
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