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In accordance with Toronto TSX market rules, Canadian digital technology group Breaking Data Corp (BDC) has confirmed that it will undertake a ‘private subscription placement’ seeking to raise capital funds of CAD $12 million (€8 million). Updating the market, BDC governance confirms the appointment of Toronto investment bank Eight Capital as sole book-runner for its upcoming transaction, which will offer …

LeoVegas is “gearing up for a big 2019 of golf” after the successful introduction of new Kambi powered betting markets at last month’s Ryder Cup in France. The mobile gametech group launched a variety of markets for featured matches at the biennial golf contest – won by Thomas Bjorn’s European team by a 17½ – 10½ scoreline, including ‘hit the …

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, SBC has you covered. This edition takes a look at a unique new partner for West Ham, as well as a fresh obstacle for FIFA. FIFA halts World Cup plans amid UEFA backlash Fifa president, Gianni Infantino’s plans for a new Club …

After Fulham owner Shahid Khan retracted his £600m offer to buy Wembley Stadium, FA Chief Executive Martin Glenn has revealed the FA could seek to implement a levy on betting operators. Glenn had pushed for the sale of Wembley to increase the funding of grassroots football, however he failed to gain the backing of the FA Council and the potential …

MRG Group (legacy Mr Green&Co), the third Stockholm-listed industry enterprise to publish its Q3 2018 trading update today, details strong progress on its diversification and geographic expansion initiatives. Detailing a further consecutive ‘record-breaking’ quarter performance, in which MRG records a 50% group revenue increase to SEK 445 million (€43 million). The Stockholm enterprise details a period of high customer activity, …

“I can’t get on to the integration fast-track with my technology supplier unless I’ve got increased turnover, and I can’t get the turnover without the content that I need to integrate.” Does this sound familiar? Conall McSorley, Business Development Director at gbet, is on hand to explain his take on the ’cause and effect’ dilemma that brings such frustration for …

Stockholm-listed betting platform and systems provider Kambi Group Plc, reports a ‘record-breaking performance combined with strong future prospects’, publishing its Q3 2018 trading update (period ending 30 September). Detailing growth across its core metrics and KPIs, whilst continuing to strengthen its commercial pipeline, Kambi records period group revenues of €20.5 million (Q3 2017: €15m), maintaining year-to-date revenue performance of €55 …

In spite of departing LOGiCO over a month ago, LeoVegas has emphasised it maintains continued contact with the Italian trade body and has a ‘great respect’ for the group’s work. As the operator leads the fight against the Lega-5Star coalition government’s moves to implement its ban on gambling advertising, LeoVegas cited “differences in strategy and tactics” for its decision to …

Publishing its Q3 2018 trading update (period ending 30 September), Stockholm-listed online gambling firm Kindred Group Plc declares that it is confident of delivering on its full-year corporate expectations and projects. Updating investors, Kindred details that it has maintained its strong post-World Cup Russia 2018 momentum, with group-wide customer activity up 25%. Detailing a further robust quarter, Kindred records period …