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Nektan targets performance turnaround for H2 2016

SBC News Nektan targets performance turnaround for H2 2016

Following a period of corporate restructuring, London AIM-listed mobile gambling software provider Nektan Plc is confident that it can reverse its financial performance in the second half of 2016. Last week, Nektan governance provided a preliminary update on its H1 2016 performance detailing that it expected to post £4.2 million in net gaming revenues (H1 2015: £1.6 million). The company …

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Equotion announces funding round success and Graham Martin as Chairman

SBC News Equotion announces funding round success and Graham Martin as Chairman

Yorkshire based firm Equotion Ltd has announced two major pieces of news for the company this week. The first is the completion of a significant funding round and the second the appointment of Graham Martin as Non-Executive Chairman. Martin is the Founder of Bonne Terre, the licence holder for Sky Betting & Gaming, and he joins CEO James Waterhouse, Chief Data Scientist …

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GVC Holdings moves closer to FTSE-250 listing

SBC News GVC Holdings moves closer to FTSE-250 listing

The Financial Times has revealed that GVC Holdings (GVC) has secured a premium listing on the London Stock Exchange, boosting the firm’s ambitions of breaking the FTSE-250 by the end of 2016. The former London-AIM online betting operator had been granted approval to list on the London exchange in February following the completion of its £1.1 billion takeover of bwin.party …

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Gambling Commission reveals £12.6 billion gross gambling yield

SBC News Gambling Commission reveals £12.6 billion gross gambling yield

The Gambling Commission has revealed that the total gross gambling yield (GGY) for the Great Britain gambling industry was £12.6 billion between October 2014 and September 2015, an increase of £1.4 billion on the figure recorded for the previous 11-month period (April 2014 – March 2015). This was a key part of the figures released by the Commission to provide a more …

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GBGA – Gibraltar will remain an industry commercial hub despite BREXIT result

GBGA

Gibraltar industry trade association the ‘Gibraltar Betting & Gaming Association’ (GBGA) has moved to quell stakeholder concerns regarding the UK’s referendum decision to leave the European Union. The industry body which represents twenty Gibraltar-based European online betting operators, stated that governance of the British Overseas Territory remained ‘strongly committed’ in maintaining its present industry operations and framework. Following the UK’s …

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BetVictor announces partnership with Liverpool FC

SBC News BetVictor announces partnership with Liverpool FC

BetVictor has today announced a new three-year deal to become a principal partner of Liverpool Football Club.  The agreement will see BetVictor become the Global Online Betting Partner and Training Kit Partner of the Club. The partnership also means that the BetVictor will create unique offers and markets for fans of the club. It also means that the firm’s branding will be …

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Riobet Casino integrates PartnerMatrix affiliate system

SBC News Riobet Casino integrates PartnerMatrix affiliate system

EveryMatrix has announced that Riobet Casino will integrate the PartnerMatrix affiliate product into its platform, in order to promote its gaming solutions and deliver the best marketing tools to affiliates. PartnerMatrix has been designed to be flexible, and assist clients with better management of their own affiliate and agent programs. Operators can access various functionalities and features from any section, …

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Interactive betting operator Win Cash Live enters administration

SBC News Interactive betting operator Win Cash Live enters administration

UK interactive betting operator Win Cash Live (www.wincashlive.com) has entered administration through its holding company Lean Forward Limited, posting the below notice for its customers. Officially launched in July 2015 in partnership with Scottish digital broadcaster STV, Win Cash Live aimed to bridge interactive TV services with online betting mechanisms. At the time of its launch, Founder Ashley Faull an …

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Third LBO racing channel set to shake-up UK betting shops

SBC News Third LBO racing channel set to shake-up UK betting shops

Betting shop operators in the UK are set to see another shake-up in how they present horseracing after the announcement that a third horseracing channel for LBOs is to be launched. The Racing Partnership (TRP) – a joint venture between Arena Racing (ARC) and seven independent racecourses comprising Fakenham, Ffos Las, Hexham, Newton Abbot, Plumpton, Ripon and Towcester – announced …

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