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Italian gambling group Gruppo Gamenet SPA has today signed a ‘binding agreement’ to acquire a 100% share capital in betting operator GoldBet offering a deal-value of €265 million (£240 million) Updating the market, Gamenet will move to acquire outright Goldbet’s 990 Italian betting points, and will further gain the firm’s related digital properties. At present, Goldbet is considered Italy’s biggest …

Italian gambling operator Snaitech SPA has confirmed that it will enter the Spanish betting market, having been granted a B2B supplier licence by Spain’s Dirección General de Ordenación del Juego (DGOJ).   The Italian technology group, which was acquired by FTSE-listed Playtech Plc for €840 million (deal completed June 2018), will undertake its ‘first international steps’. Updating the market, Snaitech …

FTSE250 technology group Playtech Plc has confirmed that industry governance veteran Susan Ball will join its Board of Directors as a Non-Executive Advisor, from 1 August 2018. Last June, Ball departed the governance team of competitor Kambi Group Plc, where she acted as Non-Executive Director and chair of the firm’s Audit Committee (2014 – 2018). A former senior partner at Ernest & …

Global: sports rights – hi ho silva lining? MP & Silva has reportedly missed key payments to various rights holders (including EPL) and is in financial difficulties. MP & Silva (only fourteen years old) was once seen as one of the most successful sports rights management agencies and its potential fall signals something much bigger than corporate mismanagement. Significantly, one …

Updating investors on Betsson AB’s interim 2018 results, Group Chief Executive Pontus Lindwall has declared that ‘confidence is back in the business’. Lindwall who regained leadership of Betsson AB in September 2017, following the departure of former incumbent Ulrik Bengtsson, would implement a ‘corporate efficiency program’ following a lacklustre 2017 trading. Named the ‘back on track plan’ by Betsson governance, …

Spanish gambling operator Grupo Codere has entered a strategic joint-venture with independent arcade operator Grupo Henares, to launch new gaming hall enterprise ‘BetSlotS’. The joint-venture partnership will see Codere launch eleven new Madrid-based gaming halls operated by Grupo Henares. Launching the enterprise within Madrid’s community, Codere and Grupo Henares detailed that the BetSlotS joint-venture would target a new/fresh clientele to …

Tech giant Google has moved to remove gambling-related content/services from being indexed on its Italian search results. The US firm has updated its Italian advertising policies, preparing for the approved mandate of Italy’s new coalition government’s ‘Dignity Decree’, which implements a blanket ban on forms of gambling/betting marketing, promotions, advertising and sponsorships. Updating stakeholders, Google details that as of 16 …

Swiss legal expert Dr Simon Planzer, Partner of Planzer Law has detailed that Switzerland faces a long and complex road towards developing any type of coherent online gambling framework. Speaking at the iGB Live Amsterdam conference, Planzer has detailed that despite Swiss Parliament approving the mandate of ‘Money Gaming Act – MGA’ in 2017, the application of new online gambling …

European gambling technology developer BetConstruct is opening up its platform to enable the use of third party sportsbook solutions in a bold move that will provide its customers with greater choice in which sportsbook to use. Previously the BetConstruct platform had been locked into the BetConstruct sportsbook, but the company has announced that it is opening its technology up to the …

Industry stakeholders await news as to whether the Dutch Kamer (Parliament) will proceed with reviewing new amendments attached to the Netherlands’ long-awaited Remote Gambling Bill. 2018 has proved to be yet another year of delays and obstructions with regards to legalising Dutch online gambling services, as the Remote Bill enters its second year in standstill motion. Last June, Sander Dekker …