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The investigation by the European Court of Justice (ECJ) into Germany’s online sports betting regulatory framework developed by the Hesse Ministry of Interior and Sports (HMDIS) appears to have been delayed. An expected report on the ECJ findings regarding the make-up of the HMDIS framework, which has excluded a number of international operators from gaining online betting licenses, was expected …

Belgium news sources have reported that French sports betting operator Betclic Everest Group (Betclic) is collaborating with the national Gambling Commission with a view of re-entering the market. The operator has had a troubled history with Belgium’s authorities who in February 2014 seized €600,000 of Betclic funds, stating that the unlicensed operator had breached gambling laws by digitally transacting with national consumers. …

Exploring future innovation and further product development, Unibet Plc has sent a group of executives to meet 20 entrepreneurs in Tel Aviv, Israel. The executive team is set to visit start-up incubator Cowork Bay, to meet with Israeli early stage enterprises and technology representatives. Israeli news source Globes.co.il has revealed that twenty entrepreneurs have been invited to pitch products and …

Issuing an investor update this morning, Betfair and Paddy Power governances have confirmed that terms and conditions of their proposed £5 billion merger have been agreed on. The announcement sees Paddy Power agreeing to acquire Betfair assets at a value of £2.86 billion ($3.2 billion). Once completed the planned merger will result in Paddy Power shareholders owning 52% of the …

Having pulled out of the bwin.party Entertainment takeover race last Friday, 888 Holdings Chairman Brian Mattingley has told the Financial Times that the company is still on the lookout for further acquisitions. The 888 Chairman further stated that the operator was “not a target” within the consolidating igaming sector which has seen significant M&A activity in 2015. Mattingley noted that …

Following this morning’s announcement by bwin.party Entertainment governance, that it had selected GVC Holdings £1.1 billion takeover offer over its prior bid of £908 million, 888 Holdings governance has publicly announced that it has withdrawn from acquisition discussions. The withdrawal sees 888 ends its deal co-operation agreement (accepted on 17 July) with bwin.party governance. In a short statement, 888’s board concluded that …

bwin.party Entertainment governance has accepted GVC’s £1.1 billion takeover offer, in preference of bid competitor 888 Holdings £908 offer. Following a review by bwin.party on the conditions of GVC’s cash and shares offer valued at 125.5p per share, bwin.party governance will now push to clear GVC bid as the best offer for its shareholders. Bwin.party Chairman Philip Yea said in …

AGB and SBC are pleased to announce that we’ll be hosting the next edition of our famous Asian Gaming Networking events in Manila on Friday September 18th. This time we have a brand new venue for you – the sumptuous Skye Bar at Fort Bonifacio. Boasting stunning rooftop views, an open air bar, comfortable lounge chairs, and sexy cocktails, it’s …

Australian Prime Minister Tony Abbot (Liberal Coalition), has personally tasked Social Services Minister Scott Morrison with leading a review of the 2001 Interactive Gambling Act (IGA). The review follows ongoing federal probes into international licensed online bookmaker’s use of ‘call’ systems which mirror live betting, prohibited by the 2001 IGA. Various ministers and gambling stakeholders have stated that the 2001 …

Hollywood film star and technology evangelist Ashton Kutcher has joined competitive eSports wagering platform Unikrn’s Series A investment round via venture capital firm Sound Ventures (https://www.crunchbase.com). Kutcher, who recently played technology pioneer Steve Jobs (Founder of Apple) in the film “Jobs”, has a solid investment track record having invested in popular enterprises such as SoundCloud, Airbnb, Uber and FourSquare. Kutcher …