Bolsa Madrid gambling firm Grupo Codere SA is set to host a ‘critical showdown’ at its annual general meeting set for Monday 26 July, as corporate stakeholders seek to settle the governance dispute between US debt holders and the enterprise founding Martínez Sampedro family. Spanish business news sources report, that Codere investors will seek to remove Martínez Sampedro board representatives’ …
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Affiliate giant Catena Media beat all comers at Stamford Bridge on 22 May to be crowned champions of the third annual SBC Championship. Over 140 representatives from the sports betting industry made up 16 teams at this year’s tournament, which was sponsored by innovative payments firm Trustly. And it was the Trustly team that was pipped in the final, with …
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As the UK retail betting scene contracts, Irish independent bookmaker Boylesports is fulfiling its long-term corporate ambition of entering the market with the acquisition of Midlands bookmaker Wilf Gilbert. Ireland’s second largest betting firm has agreed to acquire UK independent bookmaker Wilf Gilbert’s thirteen retail betting properties, however the two firms are keeping mum on the money involved, only citing an ‘undisclosed sum’ . …
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The governance of Rank Group Plc has this morning confirmed that it has entered ‘advanced discussions’ to acquire London AIM-listed online gambling group Stride Gaming Plc. Rank the operating company of Mecca Bingo and Grosvenor Casinos, has tabled a ‘28% premium’ offer on Stride’s share price, putting forward to investors an all-cash ‘151 pence per share’ purchase price to acquire …
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UK marketing news source CampaignLive has reported that FTSE betting group William Hill Plc has awarded its UK media buying and planning account to London advertising agency Wavemaker Global. Wavemaker is a subsidiary agency of WPP Group and will replace long-term incumbent Vizeum (Dentsu Aegis Network), as William Hill’s lead UK media planning and buying agency. The yet to be confirmed update, …
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As anticipated the upcoming Buenos Aires online gambling tender will see a raft of international gambling operators’ partner with Argentine enterprises seeking to secure one of seven IPLyC licenses. Setting a 25 June deadline for final applications, this May, BA’s regulatory gambling body IPLyC published its ‘official criteria for competition’, outlining key venture requirements to compete for BA-7 licenses. Though …
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Paysafe Group has confirmed the inbound appointment of Philip McHugh as new Chief Executive, replacing long-term leadership incumbent Joel Leonoff. McHugh will take charge of Paysafe’s executive team on 24 June, as Leonoff takes the governance position of Vice Chairman of Paysafe’s Board of Directors. A twenty-year executive, specialising in digital payments, retail banking and corporate finance, McHugh joins Paysafe …
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Twenty years on from one of their biggest ever losses, Sporting Index has returned with the infamous ‘World Cup wides market’, which saw the spread betting firm lose over half a million pounds in the 1999 Cricket World Cup. The World Cup wides market, pioneered by Sporting Index, was introduced for the first time in 1999 and has been available to …
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Belgium’s government has approved a further directive of CDV Minister (Christian Democrat) Koen Geens ‘gambling protection mandate’, which sanctions the Belgium Gaming Commission (BGC) to implement a tougher advertising code on licensed gambling operators. From 1 June, advertising of online casino services and gambling products will no longer be broadcast across Belgian TV networks. The measure forms part of Koen …
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Bet365 is set to be the latest operator to implement the marketing compliance screening tool, GiG Comply after inking a new deal with Gaming Innovation Group Inc (GiG). The compliance tool software is able to scan up to 30,000 web pages daily and will offer Bet365 a thorough list of locations where any of its brands are mentioned is compiled …
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