The UK’s eight million betting shop customers are to benefit from improved standards to help them bet safely and responsibly from 1st November, the Association of British Bookmakers (ABB) has announced. The “Responsible Gambling Code” will be introduced by all members of the ABB, and encapsulates a ban on the advertising of gaming machines in shop windows, the development of …
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mybet issues profit warning as platform costs grow
Frankfurt Xetra listed bookmaker mybet Holdings SE, has issued a profit warning to the market stating that it expects to post a higher operating loss for its 2015 financial performance. Issuing a brief statement the operator detailed that it had broadened its EBIT forecast of -€500,000 to a negative single € million loss for 2015. The bookmaker led by new CEO Zeno …
Read More »Doubts rise over GVC Holdings acquisiton of bwin.party
UK newspaper The Independent has reported that the decision by bwin.party Entertainment governance to accept the £1.1 billion takeover offer by GVC Holdings has been thrown into fresh doubt as both operators have suffered declines in their share prices. The newspaper details that the total worth of the cash and shares deal for bwin.party now matches the bid value of …
Read More »Nomura predicts three year Macau revenue slump
Japanese trading house Nomura Holdings, has predicted that Macau’s gambling industry could suffer an 8% year on year decline in 2016. Entering Q4 2015, the province’s casino industry is witnessing a 30% slump in gross gaming revenues. If Nomura’s prediction becomes a reality, Macau gambling would enter its third year of consecutive year-on-year revenue decline. Asian financial analysts appear downcast …
Read More »West Ham kings of the coupon buster – AccaTracker Data
West Ham United’s players are due a case of champagne from the betting industry after putting in yet another coupon-busting performance this weekend. The team’s 1-2 away victory at the Etihad against runaway leaders Manchester City was the most frequently picked match in people’s multiple bets this weekend, and it’s fair to assume the vast majority had marked ‘home win’. …
Read More »Unibet completes €59 million acquisition of iGame
Unibet has informed shareholders and the media that it has completed its acquisition of iGame Holding Plc. Unibet governance stated that all conditions and deal precedents had been met, allowing for the completion of Malta based iGame Holding and its assets. Unibet completes the €59 million (£42 million) cash deal for iGame which was first announced on 7 August. Stockholm …
Read More »Unibet renames New Zealand RWC team the ‘All Backs’ as all markets favour Kiwi wins!
Bookmakers are fearing the might of the All Blacks as kick off for the 2015 Rugby World Cup (RWC) dawns this Friday (1st Match –England Vs Fiji at Twickenham ). The New Zealand team which aims to retain its 2011 RWC title, has only lost 3 matches in 47 tests since 2012. Nearly all rugby insiders are in agreement that …
Read More »NetPlay TV’s efficiency strategy sees improvement in core metric performance
Bjarke Larsen CEO of interactive igaming operator NetPlay TV, has stated that the operator’s governance is pleased with the progress that the firm is displaying under a new corporate strategy. Presenting NetPlay’s interim H1 2015 performance (period ending 30 June), Larsen highlighted that the operator core KPI metrics remained strong. Despite new POC charges that amounted to £1.9 million in …
Read More »SpiffX Game Outlook: Premier League price volatility
Martin Fransson, founder of SpiffX, discusses price movements in odds and the unique opportunity that his exchange brings to the market to those who monitor those changes. How was SpiffX developed? The founders of Spiffx have extensive knowledge in automated odds trading and have noticed that the gaming industry lacked instruments for effective trading. That is how the idea to …
Read More »TotoGaming sets new in-play focus for Armenia
Armenian bookmaker TotoGaming has embarked on a strategy of introducing considerable improvements to its omni-channel operations, specifically in its provision of live betting events. Over the past two decades TotoGaming has developed one of the largest networks of retail operation in the region, with the company making great progress through its aim to provide customers with the best the market …
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