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UKGC announces new public gaming machine consultation

SBC News UKGC announces new public gaming machine consultation

The UK Gambling Commission (UKGC) has invited industry stakeholders and members of the public to have their say in a new consultation about where gaming machines can be played.  The Commission considers that the current licence conditions and codes of practice and the accompanying guidance to licensing authorities are in need of revision in order to ensure that the following underlying …

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Aintree & Channel 4 push back Grand National to 17:15 start

SBC News Aintree & Channel 4 push back Grand National to 17:15 start

Officials of Aintree Race Course have confirmed that the 2016 ‘Crabbies Grand National’ will be run at 17:15 UK Time – 9 April. The one hour push back will aim to help TV scheduling for the race during a busy UK sporting weekend.  Having examined 2015’s  Grand National audience figures, Aintree officials and UK broadcaster Channel 4 decided to push back …

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Oddslife appoints Alexandru Teodorescu as Chief Product Officer

SBC News Oddslife appoints Alexandru Teodorescu as Chief Product Officer

Social sports and gaming platform provider Oddslife Ltd has announced the appointment of Alexandru Teodorescu as its Chief Product Officer (CPO). Teodorescu joins Oddslife from online betting software and platform provider EveryMatrix (2005 – November 2015) where he held a number of senior management roles focusing on both strategic and commercial initiatives. Reporting to Oddslife Founder and CEO Rasmus Sojmark, …

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Scott Longley – Merger Mania – the race is on, but there can only be one winner…

SBC News Scott Longley - Merger Mania – the race is on, but there can only be one winner...

As with comedy, timing is everything in business. While there is a logic to the recent outbreak of consolidation within the gambling industry, for two of the mega-deals currently underway – the Paddy Power Betfair and Ladbrokes Coral mergers – the coincidence of the deals is providing onlookers with some choice compare and contrast examples. ____________________________ Last week was an …

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BetVictor extends social content reach with Ball Street

SBC News BetVictor extends social content reach with Ball Street

BetVictor has teamed up with digital content sports network Ball Street to boost its social media profile amongst UK football fans. London based Ball Street is set to produce ‘The Weekender’ football show for BetVictor’s YouTube channel. Utilising multiple social media channels, The Weekender will produce original video content for the operator as the Ball Street platform aims to cultivate …

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Carl Leaver dismisses Desmond’s concerns regarding Ladbrokes-Coral

SBC News Carl Leaver dismisses Desmond's concerns regarding Ladbrokes-Coral

Carl Leaver CEO of Gala Coral Group has dismissed claims that the creation of Ladbrokes-Coral will only favour Coral stakeholders. Having announced Gala Coral’s year to date performance which saw the operator record EBITDA earnings of £205 million, Leaver dismissed the recent criticisms of Ladbrokes investor Dermot Desmond. The Irish investment magnet had made scathing criticisms regarding Ladbrokes governance woeful …

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Phil Ivey gains re-appeal hearing against Genting UK ‘Crockfords -Edge Sorting ‘ dismissal

SBC News Phil Ivey gains re-appeal hearing against Genting UK 'Crockfords -Edge Sorting ' dismissal

Lord Justice Kim Lewison (UK Appeals Court) has granted US professional poker player Phil Ivey the right to appeal to overturn his lost £7.7 million High Court case against Genting Casino UK regarding his baccarat winnings at Crockfords Club Mayfair. The appeal relates to Ivey’s substantial win during a two day period in 2012 at Crockfords playing Punto Banco (a …

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Playtech wins News UK bingo supplier contract

SBC News Playtech wins News UK bingo supplier contract

Playtech online bingo software subsidiary Virtue Fusion has announced that it has won the supplier contract to operate News UK brands’ ‘Sun Bingo’ and ‘Fabulous Bingo’. Virtue Fusion will replace long time supplier Gamesys (since 2008) as the bingo network for News UK bingo brands. The partnerships sees the Virtue Fusion network gain one of the UK’s largest bingo rooms, …

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Gala Coral maintains growth despite growing headwinds & tough comparative period

SBC News Gala Coral maintains growth despite growing headwinds & tough comparative period

Reporting on its year to date performance (period ending 30 September), Gala Coral has recorded Group EBITDA earnings of £205 million, just 1% ahead of 2014’s £202 million. Gala Coral governance stated that corporate performance had remained strong despite encountering significant regulatory headwinds and a tough comparative period which featured no World Cup to boost company performance. The operator maintained …

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