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FTSE online gambling group GVC Holdings has confirmed that it will offload its ‘Headlong Limited’ Turkish business unit relinquishing any payment from the asset. GVC governance undertakes its decision in order to help secure its £4 billion takeover of Ladbrokes Coral Plc, which is currently being reviewed by the UK Competitions & Markets Authority (CMA), which has set a 21 February deadline …

Announcing its financial results for Q4 2017, in addition to its full year figures, Yggdrasil Gaming has reported a strong showing across the board. Revenues for the period have shown an increase of 61% to SEK 51.2m (€5.1m), up from SEK 31.8m (€3.2m) on the same period in 2016, with mobile gaming making up a total of 59% of the …

Updating the market, Nasdaq-listed gambling technology group Scientific Games Corporation (SGC), has confirmed the successful conclusion of its + $1 billion debt notes sale to private investors. The Nasdaq corporation first announced its $ and € debt sale on 30 January, seeking to restructure its long-term corporate financing. Completing the debt transactions, SGC governance secures the following financing structure: Tranche …

Betdaq has agreed its first racing sponsorship within the United Kingdom in almost two years, thanks to a new partnership with Kempton Park. The Ladbrokes Coral owned betting exchange is to be headline sponsor for Betdaq Chase Day, set to be held on Saturday February 24, which will encompass a six race card. Amongst them are the Grade 2 Betdaq …

Closing its full-year 2017 accounts, Stockholm-listed online gambling group Cherry AB reports solid growth, despite its operational restructure to acquired asset ComeOn. Publishing its full-year 2017 results, Cherry records a group revenue increase of 104% to SEK 2,252 million (FY 2016: SEK 1,102 million), with organic assets contributing 27% of revenue share. A strong revenue performance would see Cherry declare …

Sports betting and gaming solutions provider OPTIMA enjoyed a frantic end to 2017, completing two key deals in addition to scooping the SBC Award for Standalone Platform Provider of the Year. Beginning the new year where they left off the old, Jacob Lopez, OPTIMA Chief Executive Officer, spoke to SBC at last week’s ICE Totally Gaming held at the ExCeL …

Australian gaming operator Tabcorp has seen a retail exclusivity within one of its home states receive an tentative extension agreement, pending approval by the Independent Gambling Authority. Operating through its wholly owned subsidiary ‘UBET SA Pty Ltd,’ the retail wagering license with South Australia is now set to be exclusive until the end of 2032, after its new arrangements are …

Global gambling trade body the Gaming Standards Association (GSA) has elected a new board of directors, as it marks its twentieth year in existence. Updating industry stakeholders, GSA governance stated that it wanted to reflect its diversity of membership with its new board appointments. The new GSA board will consist of Novomatic senior executive Roman Czubak, taking the role of …

In recent months the debate surrounding Video Assistant Refereeing (VAR) has encompassed English football and with the FA cup returning to our screens this weekend, the debate looks set to recommence. In a recent interview with SBC, Jeevan Jeyaratnam, Head of Compilation at Betting data and tailored odds specialist Abelson Info, predicted that it was “highly likely that some of …

Last week Irish betting operators came together for what was deemed a largely successful initiative, in the inaugural Responsible Gambling Week Ireland. The week was centered around the theme of raising awareness of knowing when to stop, as well as aiming to open dialogue about what it means to gamble responsibly. Sharon Byrne, Chairperson for the Irish Bookmakers Association told …