UK

Entertainment publishers Endemol have announced a stage investment in London social gaming start-up Plumbee. Endemol have invested a sum of $13m in the latest round ofstage funding for the social casino gaming digital start-up. Existing venture capitalist investors – Paris based Idinvest Partners have also participated in this round, Plumbee is now valued at $40m. The investment set by  Endemol, will see …

Leading affiliate site FREEBETS.com has released its monthly money-back offers report and the in-depth market analysis from the team has placed bet365 top for money-back offers in November. In addition the Stoke-based bookmaker took top place in its monthly compilation of the best single money-back offers. It’s the second time in seven months since FREEBETS.com started conducting its research that bet365 have …

Sports betting odds comparison portal – Easyodds.com has undergone a website redesign to better showcase odds and engage customers looking for the best value in sports betting. Easyodds.com website redesign is part of the company’s new strategy to build a vibrant brand’ ahead of new product launches in 2014. New features include – new layout, and easier navigation to popular markets. …

SBC Business Correspondent Mark McGuinness met up with Ray Davies for a coffee and croissant. Ray is the Egaming Development Manager at the Department of Economic Development for the Isle of Man Government. Mark McGuinness catches up with Ray to discuss 2014 big issues, and how the Isle of Man Government is gearing to tackle new regulations and new technologies …

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 …

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 …

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 …