Europe

Betfair Publish Positive Net Earnings for Q3 2013

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 …

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Offside Gaming Partner with Parlay Games

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 …

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SBC Gets The Lowdown On ICE 2014

Ahead of gaming’s biggest exhibition – ICE 2014 Team SBC caught up with the Clarion Events Gaming Team to discuss this year’s conference. ICE 2014 will be hosted at the Excel London Arena 4-6 February. The event will look to bring a board range of gaming  subject matter to attending delegates,  and will also showcase the latest innovations  for the …

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Paddy Power Hit By Negative Sporting Results

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 …

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Ladbrokes Chairman Buys £50,000 of Company Shares

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 …

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William Hill Begin Search For Replacment of Ralph Topping

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 …

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Greek Blackout Hits bwin.party Profits

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 …

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French Pick Up For BetClic Everest

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 …

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SBC Christmas Social Nov 26th – Update

Take a look at who is coming to the SBC Christ iGaming Social on November 26th at DSTRKT Nightclub Soho – London. This promises to be our biggest 2013 social,  and team SBC and Lyceum Media are planning to see off 2013 in style, so make sure you register as RSVP is running out fast! Selected drinks will be free …

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Sportech Announce Strategic Progress in 2013

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 …

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