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Refinanced Spanish gambling firm Grupo Codere continues its strong corporate recovery, as the company reports KPI and metric growth for its Q3 2017 trading update (period ending 30 September). Primarily driven by growth in its Spanish and Mexican divisions, Codere would record Q3 2017 group operating profits of €401 million up 3% on corresponding 2016’s €390 million. Despite facing adverse currency …

As part of an 8-hour company Charity Hack Day “Hack 4 Quacks,” Sky Betting & Gaming techies raised over £6,000 for Leeds-based charity Give a Duck this week.  The event utilised employees’ tech, coding and bug hunting skills to help unearth security flaws across several key company systems, with cash awards for the severity of the bug. Furthermore, uncovering security flaws …

Inspired Entertainment has provided some crumbs of comfort to disillusioned Italy football fans by taking its Premium Matchday product into the country with Eurobet. The technology company, which already supplies its Virtual Sports products in more than 35,000 venues worldwide, will feature on dedicated channels in Eurobet retail venues, with one channel solely reserved for Football Matchday and Platinum Football. Specifically …

The UK Gambling Commission (UKGC) has set out a new three-year five-point plan, to build on its previous work and help shape a well-regulated gambling market. With 63% of people having gambled within the last year, the strategy states that “the risks are changing and evolving and the industry needs to move farther and faster to address them. A well-regulated …

Foreign exchange losses combined with a write-down impairment charge of $714 million has seen New York-listed gambling firm IGT Group Plc declare Q3 2017 net losses of $804 million. Publishing its Q3 2017 trading update (period ending 30 September), IGT disclosed a period group operating loss of $556 million, primarily attributed to its $714 million write-down charge of its ‘North …

Publishing its Q3 2017 trading update (period ending 30 September), London-listed online gambling group Jackpotjoy Group Plc has detailed robust growth across its brand portfolio, with the operator confident of achieving its full-year corporate expectations. The strong revenue momentum recorded across its principal brands of; Jackpotjoy (up 12%) and Vera&John (up 28%), would see the company declare period group revenues …

Is the storied Ladbrokes brand approaching the end of its usefulness, being eaten from within by the now stronger Coral? Scott Longley speculates…. ________________ Ladbrokes Coral was understandably keen to accentuate the positives from this week’s third-quarter trading statement saying it represented “another positive period” for the group as a whole and adding that the digital performance was “strong.” This …

Russia 2018 kicks off in 211 days, but the tournament has already caused a major upset after it was confirmed that four time World Champions Italy, would miss out on a World Cup for the first time since 1958. In a heartbreaking international swansong for the legendary Gianluigi Buffon, despite deploying the attacking prowess of Andrea Belotti, Ciro Immobile and …

The pressure is mounting on embattled UK Prime Minister Theresa May, as Brexit negotiations head towards collapse, and rumours surface of a potential Conservative Party revolt against her leadership. Last week, the European Union’s Chief Negotiator Michel Barnier gave the UK government a two-week deadline in which to ‘clarify its stance on financial obligations and EU citizens’ rights’. Barnier warned the …