A decline in player activity has impacted German sports betting operator mybet SE H1 2015 performance. Issuing a corporate update (period ending 30 June), the operator would record a 5.5% increase in group revenues to €36.3 million (H1 2014 – €34.4 million). The increase in group revenues did not translate to positive earnings and profits performance which saw the operator …
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Amaya reports strong H1 2015 opening as operator restructures long term debt plan
Issuing a 2015 H1 update, Toronto listed Amaya Inc noted that its customers were embracing its non-poker offerings as the operator recorded a 5% increase in group revenues to CAD $ 656 million (2014: CAD $624 million). Amaya the owning company of PokerStars and Full Tilt gaming brands, would record growth on all key metrics for both Q2 and H1 …
Read More »Brazil expects delays as Dilma stalls betting legislation
Brazilian President Dilma Rousseff has stalled the progress of Legislation 671-2015 for the provisions of regulated fixed odds sports betting, citing that law makers needed more time to review its framework and context. Presented to President Dilma for sanctioned sign off at the start of July, the legislation had been approved for progress by Brazil’s Senate. The legislation would look …
Read More »bettingexpert – Unibet ahead of bet365 and William Hill after start of Premier League
Unibet has outshone the competition in the first round of Premier League action, according to the users on one of Europe’s biggest tipster networks. Tipsters on bettingexpert.com recommended odds from Unibet for 14.7 per cent of their selections on Premier League football this weekend, putting the bookmaker ahead of rivals bet365 (11.9%) and William Hill (10.6%). Of the 1,044 Premier …
Read More »NetPlay TV bolsters marketing & development capabilities with Otherside Inc acquisition
Interactive gambling operator NetPlay TV has announced that it has acquired product development and marketing studio Otherside Inc for £3.2 million. The London AIM listed operator stated that it had been actively looking at the market and considering various options as part of its stated strategy to expand the business both organically and through M&A. Founded in 2008, Otherside specialises …
Read More »Week One of Premier League favours bookmakers – AccaTracker data
In a week where William Hill and Ladbrokes have been citing poor sporting results in their disappointing interim figures, the start of the football season should have been a fillip for bookmakers. Data from AccaTracker, the leading football betting app developed by Team FA, found that the two most popular matches in people’s accumulators on the first weekend of Premier …
Read More »IGT Q2 earnings hit by $122 million debt costs
Reporting for the first time as a single entity, IGT Plc the merged gambling and lottery technology operator of GTECH and International Game Technology (IGT) (merger date 7 April 2015), presented results for Q2 2015 trading. Due to its merger, IGT Plc governance noted that a number of items affect the comparability of its reported results for Q2 2014. In …
Read More »Optimal finalises Skrill Group €1.1 billion takeover
Optimal Payments has confirmed its €1.1 billion ($1.2 billion) takeover of Skrill Group services, the acquisition sees Optimal become the biggest payment provider for the online gambling sector. The payment provider has fulfilled all takeover obligations set by the UK FCA, and met payments conditions set by majority stakeholder CVC Capital Partners, who had acquired a majority stake in Skrill …
Read More »bet-at-home confident of hitting 2015 targets following 79% earnings boost
Updating the market on its H1 2015 performance, European sports betting operator bet-at-home AG has announced increased EBITDA earnings of €16.6 million up 79% on 2014’s H1 €7.2 million records. Company governance stated that its strong earnings performance, had been driven by improvements in revenue and operational efficiency. bet-at-home would record a gross revenue increase of 6.9% to €57 million …
Read More »Key accumulator match: Everton v Watford – AccaTracker Analysis
Everton versus Watford is the surprise home banker for the first weekend of the new football season according to AccaTracker, the football betting app run by major affiliate group Team FA. Over 14% of people’s football accumulators from this weekend include the match at Goodison Park, as punters suspect that the newly promoted side will be easily toppled by Roberto …
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