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Paddy Power politics has confirmed that it is seeking a ‘Head of Trump Betting’ within the company, as the operator services over 100 markets dedicated to the 45th President of the United States of America. Having launched its dedicated ‘Trump Hub’ last February, Paddy Power has seen a significant uplift on wagers placed by its punters on Donald Trump special …

There was much ado about something after Leicester City earned their place in the Champions League Quarter Finals under new manager Craig Shakespeare. Following the draw earlier today the Premier League champions must now prepare for a showdown with Diego Simeone’s Atletico Madrid. The Spaniards have reached the final twice in the past four years, but have fallen at the …

Speaking on Newstalk’s ‘Breakfast Business’ show, Mark O’Neil Chief Financial Officer of Irish independent bookmaker Boylesports stated his firm’s intent on growing its UK retail network. O’Neil detailed that despite losing its bid to takeover Ladbrokes-Coral merger betting shop ‘offcuts’ which would have given his firm a ‘solid retail platform’, BoyleSports will move to pursue its long awaited plans of …

Fortuna Entertainment continues its M&A expansion within the licensed Romanian gambling market. The Eastern European bookmaker confirmed this week that it was closing in on the acquisition of Fortbet Holdings gambling assets. Updating the market, Fortuna detailed that it was in the final stages of negotiations for the Fortbet properties of Bet Active Concept SRL, Bet Zone SRL, Public Slots SRL and Slot Arena SR. …

The UK Government is set to get tougher on money laundering and criminal financing activities by creating new watchdog the ‘Office for Professional Body Anti-Money Laundering Supervision’ (OPBAS).  The body will act alongside the UK Financial Conduct Authority (FCA), as the government seeks to introduce new, stricter money laundering regulations to meet global finance standards. The government will aim to set …

Industry venture capital firm Velo Partners has invested $700,000 (£575,000) in eSports studio Blinkpool developer of eSports game ‘BlinkPredict’. The UK-based VC that has funded numerous growing new enterprises within betting and igaming, makes its first eSports-centric investment in Blinkpool. Releasing a corporate statement, Velo Partners stated that Blinkpool could become a billion-valuation enterprise by becoming the firm that bridges …

The UK Gambling Commission (UKGC) warns parents over the perils of gambling linked to video games, calling for adults to be vigilant to the dangers of gambling associated with video games. Its warning follows the publication of a Commission paper on virtual currencies, eSports and social gaming (http://www.gamblingcommission.gov.uk/PDF/Virtual-currencies) The UKGC explains that there has been an increase in the popularity …

Updating Playtech Plc investors, company founder Teddy Sagi has filed an order to sell 13 million shares through his investment vehicle Brickington Trading limited to London hedge fund Boussard & Gavaudan. Sagi will sell the equivalent of 4.1% equity in Playtech Plc at a price of 872.5p per share, closing a £113 million funding round. Following completion of its sale, …

Speaking to The Evening Standard on the opening day of the 2017 Cheltenham Festival, Ladbrokes Coral CEO Jim Mullen has warned the UK government that stringent limits on fixed-odds-betting-terminals (FOBTs) could force the closure of bookmakers and risk a significant number of job losses. UK bookmakers await the publication of the Department for Culture, Media and Sport (DCMS) official industry …

Nearly two years in development and having taken up significant corporate funding, Frankfurt Xetra-listed bookmaker mybet Holdings has announced the upcoming full launch of its in-house developed IT platform. Updating investors, mybet CEO Markus Peuler detailed that the platform would be ‘put into full operation on 21 March’, making it the biggest infrastructure release in mybet’s corporate history. Following a …