Featured News

Bookmakers have moved to readjust their political betting markets, following the stunning results of the 8 June UK Snap General Election, which has been branded the ‘biggest miscalculation’ in modern UK political history. Last April PM Theresa May called for a June Snap Election, in order to increase her Parliamentary majority as the Conservative Government headed for crucial Brexit negotiations …

London AIM-listed mobile gambling specialist Nektan Plc has today confirmed the departure of Leigh Nissim as its Chief Executive Officer. Issuing a corporate update, Nektan governance detailed that Nissim will officially leave the business this coming August, with founder and Non-Executive Director Gary Shaw retaking the firm’s CEO position on an interim basis. Nissim a former IGT and GTECH executive …

Betfair has teamed up with the Drone Racing League (DRL), the leading authority for professional drone racing to offer betting markets on the final race of the Allianz World Championship circuit at Alexandra Palace London (13 June). The Championship race will be the UK’s first professional drone race and will be held as part of London Tech Week, Europe’s largest …

Russian business news sources are reporting that GVC Holdings’ European sports betting subsidiary Bwin is preparing to launch a licensed Russian sportsbook property Bwin.ru in partnership with Digital Betting LLC. The Bwin project is said to be supported by Russian billionaire financier Alexander Mamut, whose investment firm owns Russian bookmaker Digital Betting LLC which will act as licensing partner in …

Updating the market, Stockholm-listed European online gambling group Kindred Group Plc (Kindred) has confirmed that it has completed it’s £175 million acquisition of 32Red Plc (deal first announced 23 February). The announcement sees Kindred acquire 97% of 32Red Plc’s shares, which will now move to fully delist from the London AIM exchange market. Kindred governance informs that it has attributed …

The European Gaming and Amusement Federation (EUROMAT) has confirmed the appointment of Jason Frost as its new President, serving a fixed two-year term. EUROMAT governance announced the leadership appointment at its annual general meeting, held in Berlin last week. An industry veteran, Frost takes over leadership of the industry body having previously served as President of the British Amusement Catering Trades …

Redundancies are on the cards at Sun Bets, the online bookmaker run by Australian operator Tabcorp Holdings and with UK national newspaper The Sun, as the business gets ‘reset’ after a disappointing start. Tabcorp has confirmed that the company is in discussion with a number of its employees as it looks to close its customer contact centre and bring all …

The European Commission (EC) has permitted the Danish government to open up its online bingo and horseracing wagering markets, ending the monopoly position of state-owned gambling operator Danske Spil. The Danish government, in accordance with European Union business laws, wants to liberalise its bingo and horseracing markets. The government had asked the EC for a review of its draft laws …

Irish news sources are reporting that John Boyle, the Founder and CEO of independent bookmaker Boylesports is preparing to officially announce his retirement as leader of the firm he founded in 1982. It has been reported that Boyle (61) plans to announce his CEO successor ‘from within his family‘. Boyle will maintain a governance position within Boylesports retaking the role …

Independent online bookmaker bet365 has committed £7.7 million towards building a 33,500 square foot ‘leisure & training centre’ at Etruria Valley Business Park (Stoke-on-Trent – Staffordshire). The bookmaker has been granted planning permission by Stoke City Council to redevelop the area, with the facility expected to be open by April 2018. The Etruria Valley premises is set to feature two …