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Scott Longley assesses the upcoming UK CMA review of the Ladbrokes-Coral merger and how the deal will shake-up all sections of the UK betting sector. The phony war is over. The announcement yesterday that the £2.3bn Ladbrokes Coral merger has been officially notified to the Competition and Markets Authority (CMA) means we now have something of a timetable for whether …

The governance of Toronto listed igaming operator Intertain Group (Intertain) has labelled New York hedge fund Spruce Point Capital Management as a “self identified short-seller of the company’s common shares”. Intertain governance further stated that its damning 120 page dossier published last week attacking the firm’s acquisitions, governance, corporate performance reporting and financial management were simply “self-serving and misleading”. The …

Having confirmed that subsidiary PokerStars would be launching a standalone betting product, Amaya Inc has today launched BetStars.com version 1 for select jurisdictions. The new brand will operate under the domains Betstars.com, Betstars.eu, and Betstars.uk, and on dedicated iOS and Android applications, marking the initial first stage of Amaya and PokerStars’ entry into the sports betting market. Amaya confirmed that …

  Following its commentary invitation and review of the merger of Paddy Power – Betfair, the UK Competition & Markets Authority (UK CMA) has officially cleared the £6.2 billion deal. The Paddy Power-Betfair merger clears its most important regulatory hurdle, which had been placed under review by the UK CMA in November and opened to public and industry commentary. The …

The UK Gaming Commission (UKGC) has announced the launch of a website aimed at tackling betting-related corruption in sport has been launched. The ‘Sports Betting Integrity Forum website ‘  (SBI Forum) will form the hub of the Forum’s strategy to address the risks associated with match fixing to help preserve and protect sports betting integrity in the UK. It features …

Virtual Corporation Ltd (VCL) recently launched its latest mobile betting game; FootballBingo. The web app is live and a native app is set to launch in January. It’s all go at VCL HQ and we chatted with Managing Director Nathan Griffin to discuss their gaming products, succeeding in a tough market and the company’s vision for the future. SBC: Nathan, thanks for …

As the William Hill PDC World Darts Championship (WDC) kicks off today at London’s Alexandra Palace (17 December – 3 January), UK bookmakers are gearing up for an extra busy Christmas period with a record £50 million expected to be wagered on the tournament. PDC event organisers announced that a record 66,000 WDC tickets had been sold for this year’s …

Having gained a 90% Ladbrokes shareholder approval, the UK Competition & Markets Authority (UK CMA) has opened its invitation for comment on the proposed £2.3 billion merger of Ladbrokes-Coral. The UK CMA has requested for assistance regarding its review of the planned merger, seeking to research whether a joint enterprise may result in a substantial impacting of commercial competition within …

Italy’s ministry of finance and the national chamber of commerce have pushed through a series of amendments for the Italian gambling sector. The amendments set to be implemented in 2016, center on reforming gaming duties in order to improve industry commercial conditions. Italy will drop its controversial online betting turnover tax, set between 2-5% for and adopt a 22% charge …

British Weather Services is the longest established independent weather operator in the UK. Many sports are weather sensitive, and whether it’s an ice cold day at the Etihad or the heavens have opened at Twickenham, it affects both the result and what is likely to happen during the match. Unsurprisingly this information is something that’s of interest to bookmakers. SBC …