Industry news sources have reported that Betfred and GVC Holdings (GVC) have terminated their planned platform partnership, just months before Betfred was due to begin its platform migration to GVC systems. EGR Magazine reports that the both Betfred and GVC governance have agreed by ‘mutual consent’ to terminate the partnership, first agreed in May 2016. Entering the partnership, Betfred had …
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Asia Gaming will host a live Baccarat tournament at ICE stand N1-550 to preview its international expansion plans and demonstrate the potential of its live dealer model. A provider of online gaming in the Asia-Pacific region, Asia Gaming has confirmed its biggest ever presence at next month’s show in London, as part of a big year forecasted for Live Casino …
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Entering 2017 European sports betting operator 888Sport has become the latest industry stakeholder to join betting integrity body ESSA. The 888 Holdings sports betting subsidiary will work with ESSA governance to further protect industry consumers from betting fraud and further help fight betting-related corruption in sport. ESSA governance was pleased to welcome a further high profile bookmaker to its ranks. …
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Draft Fantasy, the market leader for Premier League draft style fantasy, has been in the process of raising capital investment in order to begin development of its daily fantasy platform. The operator currently has ‘the largest draft style user base in the industry’ and plans to continue its growth by allowing users to participate in weekly and daily drafts for …
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Ben Cleminson, a director at Square in the Air, has signed up for today’s six-race Tipster Challenge at Newbury. Cleminson has been with the PR and marketing agency since 2007, and became a director of the business in 2009. He has worked within PR and marketing since 2003 and is co-editor of City AM’s Punter sports betting section. He will be …
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Issuing its first trading statement this morning as Ladbrokes Coral Plc, the FTSE newcomer stated that full-year operating profits would be ‘in-line with its expectations’ of £275-285 million. Breaking down its profits target, Ladbrokes standalone operations are expected to generate circa £101 million, with Coral Group assets contributing expected corporate profits of £179 million. As anticipated Ladbrokes Coral governance detailed …
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London AIM-listed mobile gambling specialist Nektan Plc has confirmed the appointment of Patrick Sinclair as its new Chief Financial Officer (CFO) with immediate effect. Sinclair joins Nektan from international property developer Sweett Group Plc, where he served as CFO and in further senior management roles for the developer between 2012-2016. In addition to overseeing Nektan’s day-to-day financial operations, Sinclair has …
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Filing its corporate accounts for tax year 2015/16, independent bookmaker Betfred has posted pre-tax profits of £32.4 million reversing operating losses of £88 million recorded in 2014/15. Issuing a short statement attached to its year-end filing (period ending 25 September 2016), Betfred governance stated that wagering through increased player activity had grown significantly throughout its business properties. As a result, …
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SBC Founder Rasmus Sojmark has delivered on his promise to turn this year’s Betting on Football into an even ‘bigger and better’ gathering of the leading lights in the sports betting industry. For the first time, Betting on Football (BOF 2017) will be spread across three days (3-5 May) with networking events at Kensington Roof Gardens and Under the Bridge …
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Betway has added to its horse racing portfolio by sponsoring the Kingmaker Chase and Kingwell Hurdle for the south west region of Jockey Club Racecourses. The company has agreed to sponsor the Grade 2 Betway Kingmaker Novices’ Chase at Warwick on February 11, which has been won in the past by greats such as Long Run and Finian’s Rainbow, along with …
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