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Nasdaq-listed industry virtual sports content supplier Inspired Entertainment has announced a major restructure to its senior executive leadership team, confirming the departure of Luke Alvarez as Group Chief Executive Officer. In its update,  Inspired governance announces that it has created ‘Office of the Executive Chairman’, consisting of Group Executive Chairman Lorne Weil, with the support of VP & Chief Strategy …

The culmination of the English Football League (EFL) season is upon us, meaning that the inevitable drama and heartache of the play-offs awaits. This edition of On The Ball looks at some of the business of clubs from the EFL, as well as the a deeper look at the story that The FA could be about to sell the home …

Publishing its Q1 trading update (period ending 31 March), Oslo-listed online gambling firm Gaming Innovation Group (GIG) has detailed confidence in hitting its full-year targets following a strong opening to 2018. Driven by strong organic growth across its online gambling brands, GIG reports period group revenues of €37 million up 62% on corresponding Q1 2017’s €23 million. Updating the market, …

Updating the market, Nasdaq-listed industry technology supplier Scientific Games Corporation (SGC) has confirmed the appointment of Barry Cottle as new President & Group CEO. Cottle is expected to take full leadership of SGC group operations on 1 June, replacing incumbent Kevin Sheehan, who will remain as a corporate senior advisor. A seasoned technology and entertainment executive Cottle has led SGC’s …

Taking on Paddy Power Betfair’s Q1 investor conference call, Group Chief Executive Peter Jackson has stated that the FTSE100 betting group has made substantial progress on its key initiatives, despite closing a disappointing trading period. With PPB development teams delivering the firm’s combined technology platform this January, Jackson details significant progress on his initial leadership goal of ‘returning Paddy Power …

Publishing its Q1 trading update (period ending 31 March), FTSE100 betting group Paddy Power Betfair (PPB) has reported a tough opening for 2018, as the firm’s corporate performance was impacted by several factors. Updating the market, PPB reports a 2% decline in group revenues to £408 million (Q1 2017: £416 million). The betting group detailed that its punters had been …

Updating its social media channels, Malta & Curacao-licensed online betting operator Pinnacle (Pinnacle.com) has confirmed that it will no longer be seeking a UK Gambling Commission (UKGC) licence. The low-margin bookmaker published the following update on its Twitter feed and Facebook group. Customer announcement: Pinnacle has withdrawn its licence application to the UK Gambling Commission. pic.twitter.com/hXuCfFW1K7 — Pinnacle (@PinnacleSports) May …

Five-time world champion Ronnie ‘The Rocket’ O’Sullivan will be sending delegates ‘Snooker loopy’ at this year’s Betting on Sports conference in London (18-21 September). Appearing as an ambassador for BetCris alongside the operator’s UK CEO Hilly Ehrlich, the Rocket is set to play a starring role in a session dedicated to why snooker is such a good fit with the …

Sky Sports is set to launch ‘Sky Sports Racing’ , which will replace ‘At The Races’ as the digital broadcaster’s dedicated horseracing channel. The new racing channel becomes the UK broadcaster’s eleventh ‘dedicated sports channel’, and will feature +650 UK fixtures as well as exclusive international racing content. Entering 2018, Sky UK confirmed that it would expand its racing content having taken …

US multinational private equity firm Blackstone Group has expanded its industry portfolio acquiring Spanish gambling operator Grupo Cirsa and its related assets. Deal stakeholders have chosen not to disclose financial terms, however Cirsa advisors have previously stated that the firm’s sale would target a €2 billion valuation. The Spanish operator’s outright sale has been mooted for a long time by …