Dr Peter Chadha, Managing Partner of E-gamingexperts.com, and CEO of DrPete Inc – has been an advisor on technology to some of the largest e-gaming companies in the world. Through working closely with board directors and senior management during M&As and IPOs, he has experienced close hand the challenges stakeholders face, and reflects upon what is needed to survive. The …
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GTECH Interactive CEO Walter Bugno has shown his full support for the recently agreed software supply partnership with Greek licensed gambling operator – OPAP, stating it represents a major coup for GTECH Interactive and that it validates the company’s online capabilities. OPAP selected GTECH Interactive as its supplier of igaming inventory, in a closed tender that saw 888 Holdingss, Playtech …
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Maarten Haijer, Secretary General for the European Gaming and Betting Association (EGBA), has made public that the European Commission (EC) should follow through on promises to take the Swedish Government to the European Union Court of Justice over failure of the state to overhaul its online gambling regulations. Haijer warned that if the EC failed to act on this igaming …
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William Hill chairman Gareth Davies has described the task of finding a like-for-like replacement for CEO Ralph Topping as ‘impossible’. With Topping looking to take retirement next year, it has fallen to Davies to head up the search for his successor and it is something that he ‘really goes to town on’. Speaking with CITY AM, Davies said that Topping …
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GamCrowd, the crowdfunding and crowdsourcing company which focuses on the gambling industry, has signed an agreement with Centurion Solutions to invest a fund of up to £5m into start ups on the GamCrowd platform. Centurion represents some of the world’s largest professional sports and racing trading firms and this fund will be made up from funds provided by both Centurion …
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Professor Leighton Vaughan Williams, Director of the Betting Research Unit of the Nottingham Business School at Nottingham Trent University, contemplates whether simply studying probabilities can increase the chance of finding something important. I was once told a story about the value of crowd wisdom in turning up buried treasure. The story was that by asking a host of people, each …
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Greg Dyke, the Chairman of the English Football Association (The FA), commented that a complete ban of betting by English Football registered players may be introduced. Speaking to BBC Late Kick Off North West, Dyke commented: “No final decision has been made, but it a complete ban is one of the things that’s being discussed,” Dyke told BBC Late Kick …
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Playtech Founder Teddy Sagi is set to IPO another of his business ventures – online payment provider SafeCharge. Sagi is the main shareholder of the payment provider with 90% of the company’s shareholding. SafeCharge is set to offer its initial IPO on the London Alternative Investment Market (AIM), with a view of raising $100m in new equity for future acquisitions, …
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Business man Matthew Tripp, ex owner of Australian focused sports betting operator Sportsbet.com.au will re-enter the Australian sports betting market. Having just finished his non-compete clause from the sale of Sportsbet.com.au to Irish sports betting operator Paddy Power, Tripp has quietly acquired embattled operator Betezy for a reported sum of AUS $10 million (£5.42 million) The acquisition of Betezy.com.au, will …
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Lord Gardiner of Kimble supported amendments to UK Gambling Bill focusing on licensing and advertising, which he believes will aid further support for UK horseracing. The peer of the House of Lords, raised concerns that foreign operated bookmakers targeting UK customers were excluded from compensations to the UK Horseracing Betting Levy Board (HBLB), who make grants to support the sport. Furthermore …
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