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Bookmakers are to add three quarters of a million pounds into the coffers of greyhound racing after the successful launch of a new streaming service six months ago. BAGS, the Bookmakers’ Afternoon Greyhound Service which organises greyhound fixtures to be televised in betting shops,  has announced that it has raised almost £750,000 additional funds for the greyhound racing industry via …

Industry leading gambling technology provider Playtech completes its first major acquisition of 2016, by confirming that it has agreed to acquire Swedish igaming and social games content developer Quickspin AB for a maximum consideration of €50 million. Founded by the executive team of Daniel Lindberg (CEO), Mats Westerlund (CCO) and Joachim Timmermans (CPO) in 2011, Quickspin has become one of …

The afternoon sessions at the Esports Betting Summit focused more on understanding esports customers and how to build a brand which appeals to them.  The Betgenius Esports Panel took place just before lunch and the topic of the World Esports Association (WESA) was briefly discussed. Ben Conroy, Esports Product Manager at Sky Betting & Gaming, made the valid point of whether …

The Financial Times has labelled FTSE-listed online betting operator GVC Holdings (GVC) the gambling industry’s ‘Dark Horse’ as its corporate value hits the £2 billion mark. Since its £1.1 billion takeover of bwin.party Entertainment (deal completed February), GVC’s growth rate has surpassed competitors 888 Holdings and Ladbrokes Plc.    Its takeover of bwin.party assets has transformed the company, which according …

Investor concerns continue to mount regarding New York-listed Chinese sports lottery operator 500.com’s ability to survive its services suspension imposed by the Chinese Ministry of Finance. Posting its Q1 2016 financial performance, the company would record its fourth consecutive quarter with no core product revenues, declaring operating losses of – $15 million for the period. 500.com governance would present no …

Lydia Barbara is the Head of Pegasus Gaming Solutions, powered by Microgaming. With the iGaming Super Show just 2 weeks away, Lydia is getting ready for her work in Amsterdam. How I prepare for the event Lots of research and prep for my presentation on Wednesday 8th June, day 2 of the show, at 2pm. There are so many different …

FTSE-listed betting operator GVC Holdings Plc (GVC) this morning has announced its first major B2B partnership with UK independent bookmaker Betfred for the services of its online sports betting and igaming platform. Updating the market, GVC detailed a ten year ‘transformational B2B agreement’ which will see Betfred fully migrate its digital assets to GVC’s platform provisions on an exclusive basis. …

Issuing a market update, NYX Gaming (NYX) governance has confirmed that it has completed its £270 million co-funded acquisition of market leading sports betting platform provider OpenBet. First announced on 4 April, NYX acquires 100% of OpenBet assets from private equity firm Vitruvian Partners for a total consideration of £270 million, of which William Hill and Sky Betting & Gaming …

The first Bullet Business Esports Betting Summit went off with a bang at the Royal Garden Hotel in London this week. With a strong lineup of speakers including Unikrn’s Rahul Sood, ESL UK’s James Dean and Victor Martyn of GosuGamers the 160 plus attendees were treated to a series of engaging and educational talks on the industry and how it …

Gearing up for this summer’s Euro 2016 championships, Amaya Inc interim CEO Rafi Ashkenazi has detailed that betting subsidiary BetStars will launch its services in Italy and France. Updating Amaya investors, Ashkenazi declared that BetStars further European expansion was ‘imminent’ with the brand ready to launch in Italy and France by the start of Euro 2016 (10 June). Following BetStars …