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Presenting its H1 2017 interim results, industry games provider Yggdrasil Gaming has detailed a strong momentum to its commercial operations driven by ‘accelerated growth’ as the company has secured 24 new partner operators during the period. Updating the market, Yggdrasil governance would declare a 116% increase in corporate revenues to SEK 74 million (€7 million – H1 2016: SEK 34 …

The governance of London-listed industry betting and racing systems provider Sportech Plc has described the first half of 2017 as a ’transformational period’ for its business. The company which continues to expand internationally, securing new betting systems contracts in Asia, Denmark and the USA (Connecticut) would report H1 2017 period corporate revenues of £36.4 million up 5% corresponding 2016’s £34.7 …

London private equity firm Silchester has acquired a 5% stake in William Hill Plc, becoming the fourth largest shareholder of the FTSE-listed operator. Led by fund manager Stephen Butt, who is considered one of London’s top performing investors, Silchester specialises in taking ‘long-hold’ positions on businesses which it believes are undervalued. A tough two-years in which William Hill performance has …

Presenting its H1 2017 results (period ending 30 June), FTSE-listed gambling technology group Playtech Plc has declared a strong ‘cash generating’ performance recording growth throughout its core metrics combined with KPI gains across its product divisions. Driven by growth in its ‘regulated markets’ activity, combined with the strong performance of its flagship casino division (up 28%), Playtech would achieve period …

Driven by new ‘client launches’ and the continued strengthening of its commercial pipeline, Toronto TSX-listed industry technology and platform provider NYX Gaming Group has reported a strong set of H1 2017 interim results. Updating investors, NYX has doubled its like-for-like group revenues to CAD $119 million (H1 2016: CAD $54 million), driven by the successful integration of its acquired OpenBet …

FTSE-listed industry platform and technology provider Playtech Plc continues its expansion within the financial services sector, moving to acquire all assets of Alpha UK, a B2B risk-management and trading systems’ supplier. Issuing a market update, Playtech informs that it has acquired Alpha’s international client portfolio, the firm’s proprietary technologies, its B2B platform, development and trading teams plus all intellectual properties. …

Sports betting platform provider Kambi is pulling no punches for this weekend’s mega fight between Floyd ‘Money’ Mayweather vs ‘The Notorious’ Conor McGregor (Saturday 26 August). Kambi specialist in ‘tier 1’ bookmaker provisions, has detailed that it will have the most comprehensive betting market inventory for the Las Vegas fight which is has broken wagering levels for combat sports. In …

Online sports betting group Argyll Entertainment has informed that it has ‘switched over’ its BetOnBrazil.com brand to SportNation.bet, to form a ‘stronger connection’ with its new digital media asset SportNation.com. Argyll informs that it will maintain a close relationship with sports broadcaster Alan Brazil, who helped launch the operator’s first sports betting property BetOnBrazil.com last August. Moving forward Brazil will …

Brazil’s Finance Ministry has confirmed that it will begin the tender process for the privatization of its state-owned lottery instant-win games operator Loteria Instantânea Exclusiva (LOTEX). The LOTEX tender process will be open to national and international gambling operators and will be handled by Brazil’s National Bank for Economic & Social Development (BNDES). Brazilian business news reports have detailed that …

Snooker legend Ronnie O’Sullivan will be a key speaker at the inaugural SBC Snooker Forum in London on 4 September. The invite only event, supported by bookmaker BetCris, will see the snooker icon discuss the relationship between the sport and the betting industry and also demonstrate the skills that made him the best in the world. O’Sullivan commented: “I am …