FUN88 has extended its partnership with Premier League side Newcastle United after agreeing a new long-term commercial agreement. As part of the agreement, FUN88’s logo will continue to be featured on the front of its players’ shirts and training wear for the foreseeable future. A FUN88 spokesperson stated: “FUN88 is delighted to continue its association with Newcastle United Football Club. …
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Catena Media stated that it will deliver ‘record revenue and profits’ for Q2 2020 trading, as a result of significant online casino growth recorded across its global publishing network. Navigating the ‘continued, changing market conditions’ of the global pandemic, Catena has anticipated that revenues will amount to approximately €27.7 million, a 17% increase on Q2 2019’s €23.7 million. Q2 trading …
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There can be no doubt that the goal of putting the consumer in control drives much of the modern landscape in multimedia entertainment. Providing a service which allows for a genuinely on-demand experience has become a priority in any number of industries competing for customer leisure spend, with the likes of film, sports broadcasting and music all noticeably influenced by …
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Regulus Partners begins the week by looking at the highly anticipated reopening of UK casinos and the law of numbers behind the rise in betting on esports. Betting on esports: the law of small numbers Tucked away in the detail of the GB Gambling Commission’s latest (May) data on customer behaviour and revenue patterns during lockdown is a breakdown of …
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Former Athlone Town goalkeeper Igor Labuts, who had previously been issued with a ban from football after being found of match fixing, has had his sanction overturned by the Court of Arbitration for Sport (CAS). The Football Association of Ireland (FAI) had initially issued a 12-month ban to the Latvian in September 2017 due to suspicious betting patterns after a …
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CIS gambling developments continue to gather further pace, as Uzbekistan’s government has formed a ‘composition on the selection of a single lottery operator for the Republic of Uzbekistan’. Last week, the office of President Shavkat Mirziyoyev revealed that it had sanctioned a demand to be led by the Capital Markets Development Agency in developing a decree on the appointment of …
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International law firm Dentons CIS office has published a further breakdown of all provisions attached to the second reading of the Ukraine Gambling Law. Approved last week by the Verkhovna Rada, the Gambling Law mandate will form the basis for Ukraine adopting a legislative framework regulating gambling services, following 11-years of market prohibition. Upon approval, Dentons CIS stated that if uninterrupted …
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B2B Daily Fantasy Sports provider Scout Gaming Group has completed two directed share placements in which the firm has received an estimated £6.5m (SEK75m) and over three million new shares. In total the firm issued 1,835,062 shares through an accelerated ‘book building’ procedure, which calculated to around SEK45m. Additionally the firm’s second share issue was through US-based institutional investor Topline …
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Spanish gambling and leisure firm Grupo CIRSA SA has confirmed the inbound appointment of Antonio Grau as new Chief Financial Officer (CFO). Grau will join the CIRSA executive leadership team this October replacing incumbent CFO David Royo, who during Q2 trading announced that he had chosen to end his 13-year tenure leading CIRSA financial units. An expert in corporate financing, …
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The government has this morning confirmed that casinos in England will be allowed to reopen on 1 August, adhering to strict rules on social distancing and public safety. Casinos in Wales and Scotland will have to wait for their own reopening dates to be confirmed. In a move that has been highly praised by the Betting and Gaming Council (BGC), which has …
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