UK gambling operator Casino 36 expands its presence within the West Midlands, by securing the rights to build a new casino property in the town of Dudley. Confirming its £12 million project, Casino 36 management informs that the operator will relocate its existing Castle Casino property from Castle Hill to a new site in Dudley. Its new Dudley property will …
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RakeTech strengthens Danish arm with Pokernet.dk and Odds.dk acquisitions
Malta-based industry affiliate marketing network RakeTech Group (RakeTech) has expanded its presence and coverage within the regulated Danish online gambling market by acquiring websites Pokernet.dk and Odds.dk Detailing its acquisitions RakeTech adds poker inventory to its Danish affiliate network, acquiring leading player community Pokernet.dk. The acquisition of Odds.dk will also see RakeTech gain a number of related assets including lead …
Read More »Arena Racing strengthens Greyhound position acquiring Newcastle & Sunderland properties from William Hill
UK racetrack operator Arena Racing Company (ARC) has acquired Newcastle and Sunderland greyhound stadiums from FTSE-listed bookmaker William Hill. Updating the market, ARC governance snatched the deal from racing and greyhound media rights provider SIS who had agreed to purchase the assets from William Hill last February. Newcastle and Sunderland greyhound races will now be added to the Greyhound Media …
Read More »bettingexpert targets fresh Ayr at the top of the leaderboard
Today’s Tipster Challenge guest Rupert Adams, the PR Manager at William Hill, has predicted that Nezwaah “won’t get beat” in the 5:20 at Ayr. Adams has agreed to take on bettingexpert horse racing guru Stephen Harris in the 2017 Flat Season competition, sponsored by Betting Gods. Harris will be keen to extend his lead at the top after failing to …
Read More »€11.8 million Westlotto settlement sees mybet governance up full-year EBIT & Cash targets
Updating investors, Frankfurt Xetra-listed online bookmaker mybet Holdings SE has informed that its Supervisory Board has granted the approval for the company to raise its year ‘target values for earnings before interest and taxes (EBIT) as well as the firm’s full-year cash position. The board’s decision follows this month’s notification that mybet has finally settled out-of—court its Westdeutsche ‘WestLotto’ Lotterie …
Read More »David Clifton: Licensing Expert – UKGC review of 888 is not necessarily a 999 scenario
The shockwaves have subsided a bit since the 15 May announcement by 888 Holdings PLC that the UK Gambling Commission has commenced a review of the operating licence held by one of its subsidiary companies. The Commission has so far made no public comment on the subject but that is not unusual, as it will only announce publicly that it …
Read More »Solid start to 2017 sees Sportech expand corporate footprint in Asia & USA
The governance of London-listed racing technology and betting systems provider Sportech Plc has declared a solid start to 2017 (Q1: January – March) in-line with corporate expectations. Updating investors ahead of its annual AGM, Sportech discontinues accounting the performance of its Football Pools division having agreed to sell the asset to London private equity firm OpCapita for £83 million last …
Read More »GVC exits ‘unworkable’ Czech Republic market
FTSE-listed online gambling group GVC Holdings will not pursue operator licensing for the regulated Czech Republic online gambling market. Sending a communication to Czech affiliates and media partners, the operator has stated that following a review of market conditions it has concluded that current gaming laws are ‘incompatible with the principles of the European Union’. The operator had previously withdrawn …
Read More »Spiffx signs UK distribution deal with Eclectic Media Network
Spiffx has confirmed that technical work will start immediately on the integration of its consumer products on the Eclectic Media Network platform. The strategic UK distribution deal will see Spiffx, a Stockholm listed betting exchange, integrate its portfolio of ‘Sport Random Games’ including the recently launched B2B Take5 products. The mutual target is to have a number of operators launched …
Read More »Catena Media acquires Newcasinos.com for €7.65 million
Stockholm-listed industry affiliate marketing network Catena Media has moved to expand its European publisher portfolio by confirming the acquisition of casino review portal Newcasinos.com and its related assets. Catena governance details that it has acquired one of the fastest growing European market affiliates with an established presence in the UK, Norway and Sweden. Detailing its acquisition breakdown, Catena will purchase …
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