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Spiffx Founder Lennart Gillberg says that his company has spotted a “vertical between casino games and sports” after choosing Betting on Football 2017 to launch B2B products Take5Live, Take5Slot, Take5Odds and Take5Spin. Gillberg also confirmed that Take5Live, which allows customers to place bets on there being a goal within the next five minutes, is launching in Kenya this week with …

iGaming Business the event organiser of the 2017 Amsterdam iGaming Super Show (11-14 July) is to feature a brand new open conference track ‘iGnite’ designed for suppliers and developers to showcase their newest, innovative and exciting products or software to the entire igaming industry. iGnite will be an open-air theatre style show that will enable everyone from operators to affiliates to view the latest cutting-edge products and technologies …

Updating the market, Frankfurt Xetra-listed online bookmaker mybet Holdings has informed that it has settled out-of-court its damage claims for ‘cartel infringement’ against the Westdeutsche ‘WestLotto’ Lotterie GmbH & Co. The bookmaker closes its ten-year legal proceedings against WestLotto, a German licensed retail lottery operator that had issued an injunction order against mybet selling ‘over-the-counter’ lotto services. In 2014 the …

FTSE-listed online gambling group 888 Holdings has informed the market and its investors that its UK operator licence is being reviewed by the UK Gambling Commission (UKGC) relating to the firm’s compliance provisions with regards to preventing problem gambling. The UKGC is set to evaluate whether 888 operates an effective self-exclusion process for its customers across its platforms.  Self-exclusion is the player protection …

The New Zealand Racing Board (NZRB) has selected NYX Gaming sports betting subsidiary OpenBet and Paddy Power Betfair (PPB) to deliver its platform solutions and operational services for its fixed odds betting (FOB) business. In January 2016, NZRB governance announced that it would work with NYX Gaming on enhancing its FOB services, seeking to update provisions for modern consumer habits …

The major high-street bookmakers are facing up to the challenge of how to re-invent retail betting in the face of increasing channel shift and the potential fall of machine revenues…. ____________________ As benefits the current limbo afflicting the UK betting shop sector, the first-quarter trading statements from Ladbrokes Coral and William Hill presented a mixed picture of the health of …

Tabcorp Holdings governance enters a crucial week for its planned AUS $11 billion merger with main market rival Tatts Group, as its takeover deal is set to be presented to the Australian Competition Tribunal (ACT). In a surprise move last March, Tabcorp governance announced that it had decided to switch the regulatory body reviewing its  Tatts merger ditching the Australia Competition …

Shareholder advisory Pensions & Investment Research Consultants (PIRC) has again criticised Paddy Power Betfair (PPB) governance regarding executive rewards and bonus arrangements, ahead of the FTSE firm’s annual general meeting this Wednesday. PIRC advises PPB investors to reject the firm’s remuneration report, due to concerns regarding the ‘termination arrangements’ for PPB governance and leadership. The shareholder advisory points to last …

Issuing a corporate update, Stockholm-listed Cherry AB has confirmed that it has completed the outright acquisition of Malta-based online gambling operator ComeOn (ComeOn.com) purchasing 100% of its shares. Cherry governance informs that it completes its 100% takeover of all ComeOn related assets for a total consideration of €280 million, from which the firm’s initial €80 million payment has been deducted. …