UK

UK business news sources have reported a 3% jump in Ladbrokes share price following a stock upgrade by investment bank Morgan Stanley. The investment bank yesterday upgraded its target price from 135p to 150p, stating that it saw scope for improved future performance and corporate value, owing to what it deemed as a digital turnaround for the operator led by …

The European Union 4th Anti-Money Laundering Directive has been officially published in the European Journal. The scope of the 4th Directive is wider than its predecessor and covers all gambling services, it will review and revamp the UK Money Laundering Regulations which were established 2007. The 4th Directive will, however, allow Member States to exempt sectors on the basis of proven low risk posed by the …

Software provider OpenBet has retained its position as Sports Betting Supplier of the Year for a sixth consecutive year at the eGaming Review B2B awards last night. Judges recognised the quality of OpenBet’s offering as it came out on top in the In-play Betting Software and the all-important Sports Betting Supplier of the Year categories at the ceremony at the …

Social sports and gaming technology company Oddslife has secured another major European media partner as the social sports market continues to evolve. Football.ua, the leading sports website in Ukrainian market, has signed a long term deal with Oddslife for its white label social sports and gaming platform, which will enable it to offer users of its website the excitement of …

Betfair governance has named 2015 (year end 30 April) as an excellent year, as the operator saw full year top line metric growth on all key performance verticals. Posting 5 consecutive quarters of double digit growth, Betfair would record corporate revenues of £476 million up 21% on FY 2014 £393 million. The operator would further record a boost in EBITDA …

Gambling content developer Net Entertainment (NetEnt) has entered a retail  games supply with William Hill to supply games content throughout the operators UK retail network. After a successful integration process, these games will now be made available in shops around the UK, with the first of these titles to be launched gradually over the next few weeks. Per Eriksson, President …

My Club Betting has teamed up with Premier Sports to become the Official Broadcast Sponsors for the South American Copa América football championships. Premier Sports will broadcast  26 matches live tto UK viewers. The games will be shown on SKY channel 428, Virgin 551, TalkTalk 526 and in HD via the Premier Player online. MyClubBetting.com/Copa is your first stop for a superb array of …

Independent bookmaker Howard Chisholm believes that staff training is one of the most important parts of the business these days. In an interview in this month’s Betting Business interactive, Chisholm revealed that the constant evolution of the betting shop environment means that staff need to be kept up to speed. Director of North East betting chain Chisholm Bookmakers, Chisholm explained: …

London AIM listed igaming marketing firm XLMedia has continued its corporate expansion through acquisition, with the conformation of its majority stake purchase in digital and mobile marketing services operator Marmar Media. XLMedia governance confirmed that it had agreed to acquire a 54% stake in Marmar Media for a cash consideration of $7.36 million (£4.7million). XLMedia expects the acquisition to immediately …

National Lottery operator Camelot today announced that exciting changes are being made to its Lotto game in October. The enhancements will create more millionaires than ever before; will introduce a new Millionaire Raffle; will offer bigger rolling jackpots; will give players a free go for matching two numbers; and mean that the chances of winning at least £1 million will …