UK

League One football club Leyton Orient FC have dropped online betting operator 666Bet as their official shirt sponsor. The news of the termination of the East London football club’s shirt sponsorship, follows this weekend’s temporary suspension of 666Bet operations by the UK Gambling Commission (UKGC). Leyton Orient released the following statement on its website “Leyton Orient Football Club have terminated …

The controversial introduction of the Betting Right which aims to replace the UK’s 53 year old levy system to fund the horse racing industry may be contested in the European Parliament. Betting Right detractors may protest that the UK government and British Horse Racing Authority (BHA) may be in breach of interstate funding rules and policy. The Betting Right has …

Online Casino and bingo operator Gamesys has agreed terms with casino and games content provider NetEnt (Net Entertainment) to host popular games titles on Gamesys’ B2C network. NetEnt management confirmed that the licensing agreement had been agreed between the two parties, thus extending the games content providers presence within the UK online casino and bingo markets. Popular NetEnt titles will …

Sports wagering software and services specialist Metric Gaming LLC has been granted a remote operating license by the UK Gambling Commission, allowing Metric to continue providing its live betting  wagering software, products and services to the UK market. Metric’s license application was filed in response to the UK’s revised regulatory regime, requiring all gaming operators and software providers servicing the UK market …

UK business news sources have reported that London listed payments provider Optimal Payments is preparing a bid to buy competitor Skrill for reported €1.1 billion (estimated £810 million). Optimal Payments, which operates igaming payment services specialist Neteller, is looking to acquire Skrill in order to expand its digital services offering and certify its leading position within the high transaction online …

Private Equity firm HgCapital the owners of sports spread betting company Sporting Index Group, have reached an agreement for the sale of the business to an undisclosed private strategic investor. The acquisition of Sporting Index is required to pass regulatory approval before being finalised, as yet  the terms of the acquisition have not been disclosed by the participating parties. The …

GVC Holdings operating firm of Sportingbet, Casino Club and Betboo brands, reported its preliminary results for 2014, recording key growth in all top line performance metrics. In 2014 the operator had recorded increased player wagering which brought gross revenues up to €1.47 billion (FY 2013: €1.1 billion). The improved player wagering transferred to a 32% increase in net gaming revenues …

UK focused online sports betting operator 666Bet has had its online gambling license temporarily suspended by the UK Gambling Commission (UKGC). This weekend 666Bet and its subsidiary online casino brand Metro Play placed their websites ‘Under Maintenance’, as the UKGC is set to carry out a review of the firm’s operations. The UKGC issued the below statement with regards to …

Toronto listed Amaya Gaming has confirmed that its online gambling subsidiary brands PokerStars and Full Tilt have been granted licenses from the UK Gambling Commission (UKGC), allowing for the operators to service online poker and additional digital gambling products to UK consumers. Both Amaya brands had serviced the UK market under a white-listed Isle of Man gambling licenses, prior to …

Private equity firm CVC Capital has confirmed the completion of its 80% acquisition stake of Sky Bet from BSkyB. CVC Capital confirmed that its £800 million has been cleared of all regulatory compliances, allowing for the deal to be finalised. Under the terms of the transaction, BskyB has received cash of £600m and a vendor loan note, and will be …