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PKR appoints administrators as company files for bankruptcy

SBC News PKR appoints administrators as company files for bankruptcy

The management of embattled online poker room PKR (PKR.com) has informed the market that it has appointed administrators as the company officially files for bankruptcy. Issuing a website update, PKR has informed that following a review of its financial arrangements, the operator has appointed David R Taylor and Matthew RM Wild of RSM Restructuring Advisory LLP as joint ‘PKR Technologies’ …

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Latest Casino Bonuses strengthens bingo position with TwoLittleFleas acquisition

SBC News Latest Casino Bonuses strengthens bingo position with TwoLittleFleas acquisition

Online casino review portal Latest Casino Bonuses (LCB) has informed that it has moved to strengthen its online bingo inventory by acquiring affiliate website TwoLittleFleas (twolittlefleas.co.uk) for a total consideration of $835,000. Updating the market, LCB founder Joshua Chan and Co-CEO Nikola Zugic stated that TwoLittleFleas online bingo review portal would be added to the growing LCB network, which focuses on …

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Betsafe UK goes big for boxing this May

SBC News Betsafe UK goes big for boxing this May

Betsafe UK, has announced that it will be the headline sponsor of two boxing world championship bouts this May as the online bookmaker goes ‘big for boxing’. Starting this Saturday 13 May, Betsafe, which currently holds a 3/5 performance rating on Bookmaker Ratings, will sponsor the WBA Super Flyweight fight between champion Khalid ‘Kal’ Yafai vs Japan’s Suguru Muranaka at …

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Intralot confirms appointment of John R Donahue as USA MD

SBC News Intralot confirms appointment of John R Donahue as USA MD

Athens-listed Lottery and gambling systems provider Intralot SA has confirmed the appointment of John R Donahue as Chief Executive Officer of its USA Division. A thirty-year lottery and gaming veteran Donohue joins Intralot from competitor Scientific Games, where he acted as Managing Director of International Systems. Donohue has further held leadership positions at IGT and Sirius Gaming. As MD of …

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Mad For It…bet365 seeks 90 new tech recruits for Manchester expansion

SBC News Mad For It...bet365 seeks 90 new tech recruits for Manchester expansion

Independent online bookmaker bet365 has informed the market that it is seeking an additional 90 new recruits for its Manchester ‘Spring Gardens’ technology hub. Opened last April 2016, the bet365 Manchester hub acts as a technology support and development arm for the firm’s HQ in Stoke (Staffordshire). The technology hub’s development has been led by Warren Hughes, bet365’s Head of …

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Amaya Inc declares strong start to 2017 as company records all-metric growth

SBC News Amaya Inc declares strong start to 2017 as company records all-metric growth

Toronto-listed online gaming group Amaya Inc has declared a strong start to 2017 as the company progresses on its product diversification strategy. Updating the market on its Q1 2017 performance (period ending 31 March), Amaya governance would declare ‘all-metric’ growth across its core reporting benchmarks, as the company records $317 million in group revenues. The operator reports that its online poker …

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Unfavourable sports results and group development costs impact Fortuna Q1 2017 profits

SBC News Unfavourable sports results and group development costs impact Fortuna Q1 2017 profits

Unfavourable sporting results combined with higher operational costs have impacted Eastern European gambling operator Fortuna Entertainment Group Q1 2017 performance. Updating investors Fortuna governance would detail ‘robust’ set of metrics during the period as the company recorded a total group wagering of €302 million up 20% on corresponding 2016 performance. Closing the period, Fortuna would further report a Gross Win …

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Amaya confirms appointment of William Hill’s Robin Chhabra

Chhabra - Copyright: stocking / 123RF Stock Photo

Amaya has confirmed the appointment of William Hill’s Group Director of Strategy and Corporate Development Robin Chhabra, who is expected to make the move in September 2017. Following a brief garden leave from William Hill, Chhabra will fill the newly created position of Chief Corporate Development Officer at Amaya, reporting to company CEO Rafi Ashkenazi. Ashkenazi commented: “Robin Chhabra’s deep …

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Ladies First…bet365 secures Silk Series betting partnership

SBC News Ladies First...bet365 secures Silk Series betting partnership

Arena Racing Company (ARC) has announced that bet365 will be the official betting partner of its Silk Series promoting female horseracing. The Silk Series which hosts its inaugural race at Lingfield Park this afternoon, is a new initiative that sees female jockeys, both professional and amateur, compete in races hosted on nine Ladies Days across ARC racecourses in 2017. Lingfield Park …

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Board restructure sees GVC’s Heike Mayer succeed Mike O’Kane as ESSA Chair

SBC News Board restructure sees GVC's Heike Mayer succeed Mike O’Kane as ESSA Chair

Updating the market, International betting integrity body ESSA has elected a new Chairperson and expanded its board. FTSE listed GVC Holdings Heike Mayer succeeds outgoing ESSA Chair, Mike O’Kane, who has held the position since 2012. The ESSA board has also expanded to reflect its growing membership, with Betway’s Jon Russell and David Foster of Paddy Power Betfair strengthening the …

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