Europe

iGaming operator Betfair published Q3 2013 performance reports, figures saw Betfair report increased earnings despite a decline on revenue. The London stock exchanged listed operator reported that company revenues had dropped by 6% o £188m (€227m/$308m) for the six month period leading to October 2013. Decline in gaming revenues was attributed to Betfair withdrawing operations and marketing from Greece and Germany …

Leading sports book technology provider, Offside Gaming has today announced that it has signed an agreement with Parlay Games to provide a new bingo network for the LATAM market. This exclusive new deal between Offsidegaming and Parlay Games will see a unique standalone bingo network created and customised for the Latin American market; this is another step towards Offsidegaming increasing its …

Gaming operator  Paddy Power announced that it expected full year operating profit to be about €11 million lower than its forecast  target set three months ago, the lowered profit revenues were caused due to nfavourable soccer and horse racing results. Paddy Power who had commenced 2013 with an operating profit increase of 12 per cent to €75.4 million in the …

Ladbrokes Chairman – Peter Erskine spent £50,000 of his own personal money, in a bid to calm company and market fears of another Ladbrokes Profit warning. Ladbrokes have so far announced four profit warnings, stating the company will not hit yearly financial targets. According to UK newspaper The Daily Telegraph, rumors of a fifth  profit warning began to circulate after …

Gaming operator William Hill has began their search to replace existing CEO Ralph Topping 62. Mr Toppng has declared his intention of staying with the operator until the end of 2015. Ralph Topping has served as an employee of William Hill for more than forty years, joining the company in 1973.Topping was appointed internally as the CEO of William Hill Global …

The Greek Government internet access block on selected igaming verticals will  hit revenue and profit at bwin.party this year. A corporate statement published by the London Stock exchange listed company, issued a Q4 2013 profit warning to shareholders. The operator is currently undertaking new corporate strategy to focus on fewer markets and with better clarified regulations, for the company to …

Betclic Everest Group (BEG) senior management issued a company statement  expressing corporate confidence in the future of the French regulated igaming market. Having undergone full product refinement and operational adjustment for their igaming portfolio, of sports betting, casino and poker in order to adapt  to the strict igaming compliance imposed by French Gaming regulators. Betclic Everest Group issues a statement …

Sportech – tote pool and sports betting operator announced in an interim management statement, that the company had undergone ‘substantial strategic progress’ during the third quarter of 2013, allowing the company to place itself for future growth opportunities.. Sportechs racing operations posted a betting revenue of $160 million (€118.5 million) for the period ending September 31. The company had witnessed …

Re-launch Party Serves Up a Treat, As MatchBook Raises The ‘Steaks’ in Sports Betting, With New Exchange Product! The SBC team were fortunate enough to attend MatchBook.com’s product re-launch party at the world famous Greenwich 02 Arena, for an evening of fine dining and top class tennis! The MatchBook.com team pulled out all the entertainment stops, inviting a select group …

Another expert panel hosted by IGB’s Micheal Caselli, panelists Alfonso Villar CEO of PlaySpace, Christ Wirght, Founder of GameAnalytics and Diego Millar Co-founder of Jampp shed insight into player lifetime values, acquisition costs and defining player performance metrics for social gambling products. The panel gives insight into performance and analysis of player value in social gaming regions of North America, …