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The Governance Board of GTECH SpA has announced a planned extraordinary shareholders’ meeting on 4 November to outline the steps needed by the technology and lottery provider to finalise its acquisition of International Game Technology (IGT). The GTECH SpA board intends to seek approval to seal its cross-border merger of GTECH and Georgia Worldwide Plc. Georgia Worldwide will look to …

You know things are bad when two of the people you respect the most are talking about “getting a job and rejoining the real world”. But why are UK pro-punters finding things so tough? A daily look on twitter would make it appear that half of the population were living a champagne swilling, Ferrari driving lifestyle on the back of …

Growth in Britain’s online gambling industry is expected to remain robust, with turnover set to break £3bn in the next two years despite the Government’s point of consumption tax (PoC). A new report by GamblingCompliance Research Services (GCRS) estimates that the net gaming revenue (NGR) of Europe’s largest online market rose by 12.2 percent to £2.31bn last year. From December 1st, …

Colossus Bets operator of football pools mega jackpots , today confirmed the first WINNERS of its £1,000,000 HDA in just the 8th weekend the bet has been offered. After last week’s near miss with one player getting 14 out of 15 and turning down a Fractional Cash-In offer of £320,000 in the process, this week 2.5 tickets have gone one better and …

Denmark’s Culture and Sports Ministry is set to announce a new crime/investigation unit that will tackle match within the nation’s professional sporting leagues. Danish Minister of Culture Marianne Jelved has revealed that the unit had been formed with the aid of several key establishments including Danish professional sporting bodies, the police, betting operators and governmental agencies. The unit will focus …

Colossus Bets, home of the £10,000,000 Colossus and the world’s biggest football and sports jackpots, saw one player hit the proverbial crossbar in their £1,000,000 HDA15 football jackpot this evening.  The last surviving player in the weekend’s pool, who placed the bet through Betfair, just needed Manchester City to beat Roma in the UEFA Champions League fixture earlier this evening to …

Football pools jackpots betting operator Colossus Bets,  announced that the last surviving player in the weekend’s £1,000,000 HDA15 Football Jackpot has been offered £324,477 for 100% of their live ticket with just two legs left to go. Having played through Betfair, one of Colossus Bets’ B2B partner sites, the player was made the offer of £324,477 for the ticket following Stoke’s 1-0 victory …

Metric Gaming LLC, have announced the appointment of Atul Bali as corporate strategy advisor, as Metric Gaming looks to expand its business and technology services in the coming months Mr. Bali is the President of the Games Division at RealNetworks Inc., having previously served as the President & CEO of Aristocrat Technologies Inc.  Prior to joining Aristocrat, Mr. Bali served as …

Online gaming systems provider GameAccount Network published its 2014 H1 interim results, recording a first half loss and revenue fall. The company posted a Gross Revenues of £13.2 million (down 22% on H1 2013 £16.98 million). The decline in revenues effected reported Net Revenues and Clean EBITDA. The system provider published a 53.5% fall in net revenues of 4.16 million …

UK bookmakers have asked the government to review planned proposals that would require retail betting operators to apply for council planning permissions when opening up new high street retail branches. Under current classifications betting shops are classed under the same bracket as financial services and estate agents. UK retail betting operators currently are not required to apply to councils for …