Issuing a market filing, Stockholm-listed Scout Gaming AB confirms that it has raised SEK 36 million (€3.5m) in working capital having completed two direct share placements selling approximately 3 million of company shares. Scout governance had been granted rights to sanction the transaction at the Stockholm firm’s AGM on 23 May 2019. The two share placements were directly issued to …
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Industry platform provider FSB has strengthened its leadership team by confirming that Rob Wheeler has joined the company as its new Business Development Director. The new appointment is hoped to help support FSB’s global expansion, with further senior appointments due to be announced in due course. Commenting on his new role, Wheeler said: “I’m delighted to have joined FSB at …
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The British Horseracing Authority (BHA) has said that ‘there’s still more to be done’ when it comes to closing the gender pay gap, as the racing body published its gender pay figures for 2019. The figures have shown a mean gender pay gap of 17% and a median gap of 9%, which the BHA has lauded as an ‘improvement’ from …
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Affiliate marketing specialist XLMedia has warned that the recent updates to algorithms on Google could hinder the group’s revenue. Publishing a trading update, XLMedia explained that its site demotions within Google were done manually. This was despite it coinciding with search algorithm changes, which were rolled out on 13th January. “On 18 January 2020, the company became aware that a …
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Bundesrat debate has begun on which Länder (state) legislator should become the leading ‘supervisory authority’ of German gambling, should it approve the final conditions of the ‘4th Interstate Treaty on Gambling’. Executives of Germany’s 16 autonomous Länder continue to debate final provisions and potential changes to the approved Interstate Treaty, despite its legislation being lambasted by a European Commission review. …
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William Hill continues to see a number of changes to its senior management after Ciaran O’Brien (Director of Corporate Communications), and Dan Whitlam (Head of Safer Gambling) confirmed that they will be stepping down from the company. O’Brien, spent five years at William Hill whereby he played a key role in establishing the operator’s responsible gambling strategy while also being …
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Czech gambling conglomerate SAZKA Group has confirmed the appointment of Kenneth Morton as Chief Financial Officer (CFO), effective from 1 February 2020. Morton is the former Head of Corporate Finance for SAZKA Group’s main investor KKGC – a private equity vehicle led by Czech billionaire Karel Komarek. As a KKGC executive, Morton is reported to have spearheaded a number of …
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Scott Longley details that stakeholder cooperation, combined with an understanding of big picture dynamics at stake, have seen betting progress on its support of tennis integrity, avoiding a further 2020 banana skin for industry incumbents… The move announced in December by the International Tennis Federation (ITF) and the Tennis Integrity Unit (TIU) confirming the continued collection and distribution of in-play …
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Kindred Group Plc flagship European sportsbook property Unibet has confirmed that it has expanded its sponsorship agreement with French Ligue 1 champion PSG, running until the 2023 campaign. The expanded arrangement sees Unibet enter PSG’s ‘third level partnership tier‘. Sponsorship terms will include increased branding opportunities within the US and Australia key new market territories for Unibet, plus enhanced PSG …
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Racing content and data services provider Sports Information Services (SIS) has confirmed that William Morris has been promoted to Head of International Racing. Morris initially joined SIS back in 2016 as the company’s Digital Sales Manager, where he supervised the domestic and international expansion of SIS’ digital division. Commenting on his new position, Morris said: “This is a really exciting …
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