UK

In a move to increase its cash capital, London AIM-listed mobile gambling firm Nektan Plc has confirmed that it has sold three of its gaming brands to Buckingham HMB for a cash consideration of £1.75 million. Agreeing on the sell-off, Nektan will transfer Chomp Casino, Spin Princess and Sapphire Rooms to the ownership of Buckingham HMB. Nektan governance maintained that the three …

Len Blavatnik’s firm Access Industries, which has investments in the media & technology sectors, is reported to have rejected a number of co-funding approaches from US tech giants in Perform Group (Perform). This weekend The Daily Telegraph reported that Blavatnik had turned down equity funding partnerships from the likes of Amazon, Facebook and YouTube, as Access Industries aims to turn …

This weekend’s shock news that London Mayor Sadiq Khan has sided with Owen Smith against Jeremy Corbyn in the Labour Leadership Election has seen bookmaker William Hill reduce its odds on Smith winning party leadership from 11/2 to 9/2. Khan who had been thought of as a ‘Corbyn stalwart’, changed his position on the current Labour leader, citing that the …

Midlands Premier League football club West Bromwich Albion have confirmed Coral as its Official European Betting Partner Detailing terms the three-year agreement will see the bookmaker’s brand feature on various advertising sites at The Hawthorns, including interview backdrop and pitchside. Coral will use the partnership to introduce its online and mobile betting service to Albion fans and plan to offer …

City analysts are eagerly awaiting Paddy Power Betfair’s (PPB) H1 2016 financial update on Wednesday 24 August, as the newly listed FTSE operator updates the market and its investor on merger progress. Close attention will be paid to PPB’s ongoing convergence strategy, as the company has undertaken a series of restructures to its marketing and operational divisions with PPB governance …

The Premier League returned this weekend past with plenty of fixtures to whet fans’ appetites for the 2016-2017 season.  Data from Worldpay revealed a mammoth 20% rise in the number of bets placed on opening day compared to last year, with more fans than ever hoping to win big as the world’s most watched football league returned.* Following Leicester’s fairytale league …

Esports form a notable part of the agenda at Betting on Sports (#bettingonsports) next month, and with a plethora of issues to discuss and debate it’s no great surprise why.  One industry expert is Sportradar’s James Watson. James will be on a panel alongside Pavol Krasnovsky, founder of RTSmunity, exploring how live betting can work in an esports environment. In …

888 Holdings Plc and The Rank Group Plc are withdrawing their proposal for a three way merger with William Hill, citing an inability to ‘meaningfully engage’ with the bookmaker’s board on the issue. 888 CEO Itai Frieberger said: “We are disappointed that the board of William Hill did not share our vision of the combined businesses. We believe that there …

Ricky ‘The Hitman’ Hatton will be attending The BiG Sports Dinner in London on Friday 16th September. SBC Events has teamed up with the BiG Foundation to co-host the third annual dinner, and attract a raft of sporting superstars, which include the WBA, IBF, IBO and British boxing champion. Ray Parlour, who made 25 appearances in Arsenal’s 2004 ‘Invincibles’ campaign, …

Paddy Power and Timeform shared the spoils in the Tipster Challenge at York, with both returning a highly creditable 9.71 points. A trio of winners for Power, Director of Communications for the Irish bookmaker, helped the Guests to open up a 25.50-point lead at the top of the leaderboard. Across the day, our experts were only able to record points …