Europe

Numis suggests bwin.party sell-off could aid company value

SBC News Numis suggests bwin.party sell-off could aid company value

London Financial stock brokerage and corporate advisor Numis Securities issued a statement suggesting that underperforming igaming operator bwin.party, should look to sell corporate assets in a view to raise its market value. The corporate advisor, noted that the operator could potentially sell igaming assets and services at twice the  current market capitalization. The statement made by Numis Securities saw shares …

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HRI publishes Irish horseracing industry stats

SBC News HRI publishes Irish horseracing industry stats

Irish horseracing industry statistics for the first half of 2014 report improvement across many areas with yearly increases in bloodstock sales, racecourse attendances, new owners, Tote turnover and prize-money. However, the number of active owners remains a concern, according to Horse Racing Ireland.Bloodstock sales at public auction grew for the fifth consecutive time with turnover up by almost 42 per cent …

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XLMedia targets record growth for H1 2014

SBC News XLMedia targets record growth for H1 2014

XLMedia expects to report record revenues from the first half of 2014, a trading update reveals. The digital marketing service provider experienced strong levels of growth in its core channels and from its new media platforms including mobile and social media. Overall performance is in line with market expectations, although strong growth was underpinned by leading Scandinavian markets, as well as …

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Daniel Schwartzkopff – BetVIP.com – The Bitcoin Game

Exploring new products and business innovation within the sports betting industry, SBC interviews Daniel Schwartzkopff –  founder of BetVIP.com, which claims to be the sector’s first licensed Bitcoin-only sportsbook. The digital currency operator takes wagers and pays out winnings exclusively in Bitcoin, offering odds on thousands of pre-match and in-play markets. It holds a gaming license in Curacao and only accepts …

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RGT publishes self-exclusion survey

SBC News RGT publishes self-exclusion survey

A survey of gambling operators and treatment providers has shown a consensus regarding the priorities for improving self-exclusion as a harm minimisation tool. The study, which surveyed perspectives from industry operators, has been published today by the Responsible Gambling Trust. It found that the majority of respondents from gaming businesses believe the industry needs to ensure self-exclusion is irrevocable within the …

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Betfair Octopus invades Open golf championship

SBC News Betfair Octopus invades Open golf championship

Betting exchange Betfair is extending its TV advertising campaign into the real world by placing its giant octopus between the fourth green and fifth tee of The Open golf championship at the Royal Liverpool Golf Club. ‘Paul the Octopus’, which made its debut playing table tennis in Betfair’s current This Is Play TV advertising, has been designed in homage to …

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John Haddock promoted to Betfred CEO

SBC News John Haddock promoted to Betfred CEO

Betfred managing director John Haddock has been promoted to the role of CEO. Haddock has been with the firm over 30 years and helped oversee the organisation’s huge expansion, going from c450 betting shops in 2004 to almost 1,400 today. The CEO chair has been vacant since Trevor Beaumont’s departure two years ago. Haddock told the Racing Post: “I’m delighted …

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Lee Richardson- EIG Berlin Report Part 2 – World Cup 2014 – Further Match & Betting Insights

SBC News Lee Richardson- EIG Berlin Report Part 2 – World Cup 2014 - Further Match & Betting Insights

In the final part of this EIG Berlin special report Lee Richardson Chief Executive of Gaming Economics presents further insight on game and betting market impacts that effected industry performance during Brazil 2014. Gaming Economics is an independent gaming consultancy specialising in providing sound business guidance for operators, suppliers and investors within the international e-gaming and betting industry. To view part one …

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BetonSoft undergoes saucy name change

SBC News BetonSoft undergoes saucy name change

Casino games provider BetOnSoft has rebranded to Saucify. The new brand name is meant to be evocative of adding sauce to a dish to make it more exciting and flavoursome, exactly what Saucify has been doing for the past eight years in the casino games market. The name was chosen because it represents the company’s ethos of dynamism, originality and …

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Industry companies form Gambling Business Group

SBC News Industry companies form Gambling Business Group

A new gambling focused trade organisation has emerged from the old Business in Sport & Leisure (BISL) association. The Gambling Business Group (GBG) launched last week in London and already boasts a membership of 50 comprising many of the most influential organisations in gaming. GBG, which encompasses Pub, Bingo, AGC, FEC, Online, LBO and Casino sectors, is headed up by …

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