UK

Governance of Chinese focused lottery provider DJI Holdings is seeking a secondary listing on the US NASDAQ exchange. The specialist in Chinese sports lotteries views the NASDAQ listing as key to enhancing its market liquidity and developing a stronger investor base for future growth plans. DJI Holdings’ governance outlined that the aimed to complete the listing by first quarter 2016. Chief …

Updating the market this morning, Ladbrokes Plc has issued its Q3 2015 (period 30 September) interim management statement forecasting a 57% drop in period Group EBIT earnings of £14.3 million. Ladbrokes governance stated that its earnings performance had been impacted by higher taxation (POC and gaming machine duties) and increased marketing spend targeting UK football and recreational players. The operators …

With UK temperatures set to plunge this weekend to 3C (37F) in the south and as low as -4C  (25F) in the north, UK bookmakers have slashed the odds on a “White Christmas”. Following a warm October, the Met Office issued a notice that the UK was about to turn much colder as 2015 enters its final months. Reacting to …

The first AffiliateFest event took place on October 12 at London’s Hippodrome Casino and the day succeeded in its aim to provide vital expert advice to those in attendance.  Over 45 key Casino and Sportsbook affiliates took part in the first event – which was organised by Optimal Payments PLC The event was attended by affiliates from all over the …

The planned £6.2 billion (€7.5 billion) Paddy Power/Betfair merger has entered its phase one probe by the Irish Competition & Consumer Protection Commission (CCPC). Since the merger was first announced on the 25 of August, Paddy Power and Betfair governances’ have been working together to submit the planned proposal to the CCPC. The CCPC will now review the operators’ plans …

Following Monday’s release of the official Star Wars Episode VII – The Force Awakens’ trailer, which sent social media into ‘hyperspace’, bookmaker Ladbrokes has placed odds of 6/4 on Lucas Films latest saga instalment to become the highest grossing film of all time. In order to make history, Star Wars Episode VII will have to break James Cameron’s Avatar which …

Mobile games platform and content provider Nektan Plc has announced that it has signed  a content portfolio agreement with European games developer NetEnt. The partnership will see Nektan offer significant content from NetEnt game portfolio to its mobile platform partners, including over 40 mobile gaming titles. NetEnt titles will be rolled out across Nektan’s real money gaming (“RMG”) partner network from November. …

Led by the British Horseracing Authority (BHA), Britain’s largest racecourse governance groups have joined forces to tackle the issue of ‘underfunding and loopholes’ in the levy system. The joint stakeholders will move to bar bookmakers’ from sponsoring race events, tracks and festivals if they do not pay levy contributions through their online operations. The proposed levy initiative is supported by …

US-based real-time sports data integration, graphics presentation, and video enhancement solutions provider  SportsMEDIA Technology (SMT) has made a strategic investment in sports-betting platform provider FSB Technology (UK) Ltd. The seven-figure sum will allow FSB to further enhance its cutting-edge platform, which supplies tools for CRM, analytics, and mobile development. FSB’s modern technology is aimed at existing casino and sports-betting operators who want …

Ladbrokes long time serving Head of Football Trading David Burgin has left the operator to join competitor Boylesports. Industry news source EGR Magazine reports that Burgin has taken up a senior trading position at the Irish independent bookmaker’s Dundalk headquarters. Burgin departs Ladbrokes following approximately 25 years’ service. The trading expert departure comes just weeks following the announcement that Ladbrokes …