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Following an arduous nine-month regulatory compliance review, the AUS $11 billion merger of Tabcorp Holdings and Tatts Group has received approval by The Australian Competition Tribunal (ACT). Tabcorp governance this morning issued a corporate update detailing the ACT’s ‘merger greenlight’, with full details of its competition review expected to be published on Thursday 22 June. Updating investors, Tabcorp governance stated …

The US Federal Trade Commission (FTC) has dealt a severe blow for the planned merger of leading daily fantasy sports operators FanDuel and DraftKings, filing an official lawsuit against the formation of a new company. Last week, US Tech news sources reported that FTC officials may have concerns on the combination of FanDuel-DraftKings, which would see one player takeover a …

Betting platform and systems provider OPTIMA has been working to increase market share in its native Spain. The firm is focused on exporting its product and services, as 95% of its business is with international clients, but OPTIMA is also using its global brand in the home market. Last week, it showcased its products to a local audience after outlining …

An industry platform and software supplier for developing markets, Sirplay has made another move in the Nigerian sports betting market in partnership with BetaBet2000. Informing the market, BetaBet2000 has switched its legacy betting solution to Sirplay’s modular platform, as it seeks to continue its Nigerian expansion within the coming months. Moving forward, BetaBet2000 has gained tailored online sports betting solution with access …

Horseracing media firm the Racing Post has confirmed that it has moved to fully acquired Bloodstock Media Limited, the media owner of ANZ Bloodstock News. The media acquisition sees Racing Post takeover all Bloodstock Media assets, the leading news authority for the Australasian bloodstock industry. Racing Post management stated that it would begin to combine the resources of its Racing …

Issuing a short market update, Malta and Tel Aviv based industry white label and turnkey platform services provider Aspire Global has detailed that it has begun to seek a public offering listing on Stockholm’s First North Premier market. The news of Aspire Global seeking a Stockholm IPO, follows this month’s announcement that the company has appointed former Cherry Gaming CEO …

English Premier League football club Swansea City has this morning announced that new Asian-focused online betting and casino operator, Letou (letou.co.uk) will be its season 2017/18 official shirt sponsor. The Welsh football club today hosted an unveiling ceremony for its new season ‘home & away shirts’ designed by Spanish kit manufacturer Joma. The new shirt features the branding of Letou …

The now discontinued Authorised Betting Partner (ABP) scheme initiated by the British Horseracing Authority (BHA) to fill the funding gap left by offshore operators sidelining the old levy scheme raised £12m in its first-and-only year of operation. _________________________ According to the BHA’s annual report published at the very end of May, the ABP help fill a revenue gap ahead of …

Spread betting operator Sporting Index Group, has this morning announced that it has agreed to acquire Touchbet, an industry provider of trading and risk management services. Issuing a market update, Sporting Index stated that the undisclosed sum acquisition aimed to enhance its B2B division Sporting Solutions, optimising the firm’s Risk Management Services (RMS) capabilities. Founded in 2006 Sweden and Malta-based …

Belgium’s Parliament is set to open discussions on potentially pursuing a blanket ban on all forms of gambling-related advertising during live sports broadcasts, which would be implemented across all media verticals. The discussion has been put forward by Christian Democrat CDV MP Koen Geens, who has detailed that Belgium’s Government has failed to ensure the appropriate safeguards against betting operators …