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Stockholm-listed Betsson AB has confirmed that it has entered a binding agreement to acquire Lithuanian betting operator Lošimų Strateginė Grupė, holding company of betting brand TonyBet’s Lithuanian business. Updating the market, Betsson governance detailed that it had acquired Tonybet Lithuanian assets for an initial consideration of €4 million, representing a 3.6x multiple on the acquired firms 2016 to-date EBIT of …

Playtech has moved to strengthen its sports betting senior management team, announcing a trio of leadership appointments, ahead of a set of large-scale ‘Playtech ONE’ projects and following its acquisitions sports software provider BGT. The FTSE-listed gambling technology provider has confirmed the appointments of Richard Andrew as new Playtech Sports Chief Operating Officer (COO), joining from The Hong Kong Jockey Club, …

Secure Trading has been confirmed as a sponsor for the Networking Break on the first day of Betting on Sports (BOS). The company is also sponsoring the ‘New Faces’ panel, featuring representatives from Cyberplay, LeoVegas and Sun Bets. Established in 1997 and headquartered in London, Secure Trading has provided a specialist service to the gaming sector since its inception. A …

It has been revealed that TriStar Pictures has acquired the film rights to produce the picture for the book The Big Game.  The book itself is being written by Albert Chen and has not yet been released itself though it’s expected to hit the shelves next year via Houghton-Mifflin. Chen is a staff writer at Sports Illustrated and covers baseball, college …

Adam Roland is the Founder and Director of Heavyweight Sports, a marketing PR agency focused on sports based in both London and Manchester. Adam will be speaking on the panel ‘Personality Profile – How bookmakers use the ambassadorial role to reach an audience’ at Betting on Sports this month (15th-16th) alongside Stuart Tilly of Argyll Entertainment and BetonBrazil, and the …

BetonBrazil has been confirmed as an Affiliate & Media Event Sponsor for Betting on Sports 2016! BetonBrazil.com is the latest gambling site to be launched by UK licensed operator, Argyll Entertainment, and features the name, face and voice of ex-Scottish International footballer turned award-winning broadcaster, Alan Brazil, as its brand ambassador. Stuart Tilly, CEO at Argyll Entertainment, shared his excitement over the conference …

Hopes of progressing legalised ‘single-game’ sports betting in Canada, will again return to the spotlight as Ottawa’s House of Commons reviews Bill C-221 on 21 September. Canadian Commons’ will debate whether to progress C-221 ‘’ The Safe & Regulated Sports Act” to its Committee on Justice and Human Rights for further review or whether to simply reject the proposed bill. …

Confirming its full rebrand to ‘Jackpotjoy Plc’, Intertain Group governance is targeting a mid-October listing on the London FTSE. Moving away from its current Toronto TSX-listing, Intertain will debut Jackpotjoy Plc as the world’s biggest online bingo operator seeking a + £430 million London capitalization. Updating investors last week, Intertain governance announced that the company would be returning its headquarters …

The governance of Sky Betting & Gaming (SB&G) has stated that the betting operator has no current plans regarding a corporate flotation. SB&G has moved to dismiss industry rumours, as UK newspaper The Sunday Telegraph reported this weekend that private equity owners CVC Capital Partners were eyeing the floatation of its asset in early 2017. Acquired from UK broadcaster BSkyB …