Featured News

News that the SBC Team choose to highlight

LeoVegas gains 30,000 shareholders on Stockholm Nasdaq debut

SBC News LeoVegas gains 30,000 shareholders on Stockholm Nasdaq debut

European mobile gaming specialist LeoVegas has announced that its Stockholm Nasdaq First North Premier initial public offering was significantly oversubscribed as the operator hit peak trading of SEK 38.6 (£3.30) per share. Debuting trading under the ticker name ‘LEO’, LeoVegas AB had opened its Nasdaq trading at SEK 32 corresponding to its market value of SEK 3.19 billion (£275 million). …

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IGT Group optimistic of 2016 outlook following year of synergy creations

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

New York-listed gambling and lottery technology supplier, IGT Group closed its full-year 2015 results (period ending 31 December) reporting adjusted revenues of $5.5 billion down 4% on 2014’s (pro-forma) revenues of $5.7 billion.   Declaring its first full-year performance as IGT Group (the combined enterprise of GTECH and IGT), the company would declare adjusted EBITDA earnings of $1.8 billion, down …

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Just how tall is Trump Tower?

SBC News Just how tall is Trump Tower?

As the primaries march on, more and more are placing a rather terrifying bet on Donald Trump becoming the next US President as his Republican candidacy looks ever more likely. There’s another market which has opened in regard to the wall building fanatic however, and it’s somehow more terrifying than the idea of his presidency. Paddy Power is now taking bets …

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Microsoft and ESL team up for Xbox Live esports tournaments

SBC News Microsoft and ESL team up for Xbox Live esports tournaments

It has been revealed that esports league ESL and Microsoft are working together to ensure that ESL tournaments can soon be integrated on the Xbox Live tournaments platform.  This move will allow companies to organise events within their games through Xbox Live. This is one small step for esports, and one giant leap for console esports titles and tournament providers. This …

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Favourit announces $6 million ASX listings plan

SBC News Favourit announces $6 million ASX listings plan

Australian based, European focussed online betting operator Favourit has announced that it plans to list a public offering on the Australian Securities Exchange (ASX listing). The listings move comes as the operator completes its takeover of ASX-placed mining firm Celsius Coal Ltd. Favourit governance detailed that the company aims to raise circa AUS $6 million (£3.2 million) on its ASX …

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Canadian $ decline and diversification costs impact Amaya 2015 earnings

SBC News Canadian $ decline and diversification costs impact Amaya 2015 earnings

Updating the market on its 2015 Q4 and full-year results, Toronto-listed operator Amaya Inc would declare 2015 group net losses of CAD $25.9 million (£14 million). The operator which is currently subject to a management takeover bid by Chief Executive David Baazov, reported that its corporate earnings performance had been impacted by the decline of the Canadian $ against core …

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Pinnacle unleashes Lite app for iPhone

SBC News Pinnacle unleashes Lite app for iPhone

Pinnacle Sports has launched its first native mobile app, known as Pinnacle Lite, for the iPhone. It’s initially available to bettors in selected markets, with an Android version coming soon.  The app is Pinnacle Sports’ first foray into the native app space and signals the beginning of a mobile upgrade year for the veteran bookmaker. The app offers six of Pinnacle’s most popular markets …

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