Seeking to expand its international appeal, Spanish gambling firm Grupo Orenes has rebranded its flagship commercial property ‘Viva La Suerte’ to ‘VERSUS’. This week the Murcia (Alicante) based gambling group held a press conference in which it retired its Viva La Suerte brand, announcing the launch of VERSUS (Versus.es) as its lead B2C entity, which Orenes will export internationally. Javier …
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Swedish igaming trade association Branschföreningen för Onlinespel (BOS) thinks that the ‘channelisation strategy’ by regulator Spelinspektionen is failing to curb black-market demand. ‘Channelisation’ refers to the government’s directive of ensuring that Swedish consumers only wager with Spelinspektionen approved licensed operators rather than unlicensed operators. This week, Spelinspektionen published figures which estimated that licensed wagering activities related to online casino, sports and …
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Racing content and data services provider Sports Information Services (SIS) has secured a new two-year partnership with Argyll Entertainment, which will see SIS deliver its 24/7 Live Betting Channel. The channel, which will feature live streams of international horse racing and British and Irish greyhound racing, will deliver content from across six continents via Argyll’s SportNation.bet site. Philip Bell, Commercial …
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London-listed Rank Group Plc has moved to strengthen its governance advisory, confirming the appointment of Karen Whitworth as a Non-Executive Director with immediate effect. An expert in the financial planning and risk management of large-scale enterprises, Whitworth is the former logistics and supply chain operations director of UK supermarket J Sainsburys Plc (2007-2018). Updating investors, Rank governance informs that Whitworth …
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GVC Holdings’ Chief Executive Kenneth Alexander has responded to criticism of his leadership, made public this week by the ‘All-Party Parliamentary Group (APPG) on Gambling Related Harm’. Opening the ‘Reputation Matters – gambling sector in the spotlight’ keynote event, Alexander spoke on GVC and the industry’s combined efforts to reduce problem gambling harms and further support treatment and research networks. …
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At the inaugural SBC Safer Gambling Forum, which took place at the CasinoBeats Summit in September, industry leaders came together to discuss some of the most pressing responsible gambling topics at the minute. Ahead of Responsible Gambling Week, which runs from 7-13 November, SBC will look at some of the topics addressed during the forum, and what measures the industry …
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Mobile gaming group LeoVegas has reported a strong performance during Q3, with revenues increasing by 12%, despite the group continuing to face a ‘difficult-to-navigate’ regulatory environment. Publishing its quarterly report for the period 1 July – 30 September 2019, the group noted an increase in revenues from €78.6m in 2018 to €88.2m, while EBIDTA jumped from €8.96m to €12.75m. LeoVegas …
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Toronto TSX-listed The Stars Group Inc underlines its corporate focus of integrating its new international sportsbook assets and reducing its debt load, after publishing its Q3 2019 trading update (period ending 30 September). Incorporating the assets of Sky Bet (UK) and its newly formed Australia division merging Crownbet and William Hill AUS, the Stars Inc records an 8% increase in Q3 …
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Better Collective said acquisitions in the US and Sweden had positively impacted its total growth in Q3 2019 (1 July to 30 September) after posting record quarterly revenues of €17.13 million – up 54 per cent from €11.13 million in the corresponding period of 2018. The industry affiliate added that organic revenue growth was 25 per cent. EBITA before special …
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Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …
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