UK

Financial auditing and consulting firm Deloitte have revealed a pre-tax profit of £190 million for English Premier League (EPL) football clubs in 2013-14, marking its first collective profit in fifteen years. New cost control measures and refined corporate strategies have been highlighted as the drivers for the earnings boost by Deloitte. The combined £190 million earnings are four times higher …

Paddy Power has confirmed that Director of Investor Relations and Company Secretary Jack Massey has stepped for his position after nine years of service. The operator confirmed that Massey role would be transferred to Edward Traynor, incoming Paddy Power Group General Counsel following the upcoming corporate Annual General Meeting scheduled for 14 May. Jack Massey leaves Paddy Power to pursue …

Speaking to the Daily Telegraph 888 CEO Brian Mattingley has stated that company governance is on the lookout for potential acquisitions to boost its sports betting division and to replace lost earnings caused by Point of Consumption (POC) duty impacts. Mattingley who had turned down an acquisition offer from William Hill at the start of 2015, had on Tuesday announced …

Industry news source EGR Magazine has reported that Ladbrokes has expanded its European marketing team by appointing former Unibet France Country Manager Gildas Tanguy as Digital Director for its Belgian operations. The appointment of Tanguy as head of digital for Belgium is set to free up International Marketing Director Ian Catchick position to focus on core digital operations outlined by …

Virtual games specialist Kiron Interactive has been granted a remote supplier’s licence by the UK Gambling Commission. The licence will allow Kiron to provide its games to UK operators following recent regulation requiring them to source their platforms and products from licensed suppliers only. Steven Spartinos, co-CEO of Kiron Interactive, commented on the approval: “We’re delighted to secure this as it …

Malta based mobile focused igaming operator Leo Vegas has agreed content terms with Odobo, to supply an additional 50 HTML5 games via through the Odobo Marketplace platform. The announcement of the Leo Vegas partnership sees Ododbo extend its mobile gaming content coverage having announced deals with bet365, Coral and Unibet. Leo Vegas will use the Odobo content to increase its …

The Greyhound Board of Great Britain (GBGB) has urged the UK government to extend its Betting Right legislation to cover UK greyhound racing. Following last week’s announcement of the Betting Right by UK Chancellor George Osbourne, GBGB management showed its support for the introduction of the legislation which would tax funds for wagers placed on UK racing through licensed UK …

London AIM listed mobile gambling provider Nektan PLC has reported half year losses of £2.4 million EBITDA (period ending 31 December). Nektan recorded a revenue fall in revenues to £250,000 (H1 2013 – £1.3 million). The operator said its pre-tax loss for the six months to the end of December was £3.9 million, compared to a £3.1 million loss a …

Parliament’s Culture, Media and Sport Committee says regulation of society lotteries should be changed to lift the burden on smaller lotteries and new lotteries starting up. Society lotteries are intended to be primarily a means of raising money for charities and other good causes. The vast majority are small, often local, and raise sometimes small but vital sums of money …

George Harborne, Head of Partnerships at Premier League side West Bromwich Albion, discusses how the betting industry currently works alongside the country’s top football clubs. As far as partnership categories go, betting is one which is a ‘sure thing’, with Premier League clubs deriving some form of income from advertisers in this industry. However, despite the hefty investment from the …