Amaya Inc has announced its entry into the US daily fantasy sports market (DFS) by confirming the acquisition of real money operator Victiv for an undisclosed sum. Victiv is set to re-brand as StarsDraft ahead of its planned US launch In March Amaya had outlined that it would look to enter the US DFS market ahead of the start of …
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Fiona Thorne – Senet Group – WrB Insight: BBC TV show points to a new era of transparency
Senet Group Director & WrB key speaker Fiona Thorne highlights the importance of openness for the gambling sector… It was one of the boldest decisions made by a gambling company in recent years, but inviting the BBC’s cameras behind the scenes at Gala Coral could point to a successful new direction for the industry, according to Fiona Thorne, the betting operator’s director …
Read More »Gamesys brands boost Intertain Q2 revenues
Having completed its £425 million acquisition of Gamesys in April, Toronto listed Intertain Group has reported a group revenue surge of CAD $95 million for its Q2 2015 performance (Q2 2014 – CAD $5.6 million). Factoring in costs of its Gamesys acquisition during the period Intertain governance would issue an adjusted net income of CAD $24.5 million. Reporting on an …
Read More »BHA publishes 2016 horseracing fixture list
The British Horseracing Authority (BHA) has today published the Fixture List for 2016, with a total of 1,482 fixtures programmed. The headline elements of the Fixture List are: A total of 1,482 fixtures have been scheduled, 11 more than in 2015. The ratio of fixtures in 2016 – Jump 40.0% : Flat Turf 38.7% : All Weather 21.3% – remains broadly similar to …
Read More »Amaya reports strong H1 2015 opening as operator restructures long term debt plan
Issuing a 2015 H1 update, Toronto listed Amaya Inc noted that its customers were embracing its non-poker offerings as the operator recorded a 5% increase in group revenues to CAD $ 656 million (2014: CAD $624 million). Amaya the owning company of PokerStars and Full Tilt gaming brands, would record growth on all key metrics for both Q2 and H1 …
Read More »Betfred – Labour Leadership market reaches £250,000 in wagers
UK independent bookmaker Betfred has revealed that it has recorded £250,000 wagered on the outcome of the Labour Party Leadership election. The bookmaker stated that its market levels were unprecedented, reaching its highest levels for a party political leadership campaign. With candidate ballots due to be sent out today to party members, the bookmaker revealed that it had recorded 50% …
Read More »David Clifton – Licensing Expert – CJEU to rule on EU law issues raised by GBGA challenge to POC tax
Gambling industry legal expert David Clifton (Clifton Davies Consultancy), examines the GBGA’s tax and competition based challenge against the UK POC regime, as the case reaches the higher courts of European Union Law. The Gibraltar Betting and Gaming Association (GBGA) has been celebrating what must by any account be regarded as an intermediate victory in its judicial challenge to the …
Read More »UKGC & PIPCU tackle advertising on illegal websites
The UK Gambling Commission (UKGC) has reported that the number of gambling adverts on illegal websites has dropped by a third since the UKGC joined a police operation aimed at disrupting websites that break copyright laws. Earlier this year the Commission teamed up with the Police Intellectual Property Crime Unit (PIPCU) for Operation Creative – an operation aimed at reducing …
Read More »CFO latest to leave spread betting operator IG Group
IG Group Holdings plc, one of the biggest spread betting operators, has announced that Chief Financial Officer Chris Hill is to leave the company in order to take up the role of Chief Financial Officer at Hargreaves Lansdown plc. It is anticipated Hill will continue in his current role until the end of his notice period and leave IG in …
Read More »Coral bags two year betting partnership with Fulham FC
West London Championship football side Fulham FC has today announced that it has entered a two year betting and igaming partnership with bookmaker Coral Coral will become the Official Betting Partner of ‘The Cottagers’ gaining exclusive promotion of its services throughout Fulham’s Cravan Cottage Stadium (capacity – 25,000) on match days. Coral will become main sponsor of the football club’s …
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