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RakeTech strengthens Danish arm with Pokernet.dk and Odds.dk acquisitions

SBC News 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 …

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Arena Racing strengthens Greyhound position acquiring Newcastle & Sunderland properties from William Hill

SBC News 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 …

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€11.8 million Westlotto settlement sees mybet governance up full-year EBIT & Cash targets

SBC News €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 …

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David Clifton: Licensing Expert – UKGC review of 888 is not necessarily a 999 scenario

SBC News 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 …

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Solid start to 2017 sees Sportech expand corporate footprint in Asia & USA

SBC News 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 …

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GVC exits ‘unworkable’ Czech Republic market

SBC News 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 …

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Spiffx signs UK distribution deal with Eclectic Media Network

Eclectic - Copyright: choneschones / 123RF Stock Photo

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 …

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Catena Media acquires Newcasinos.com for €7.65 million

SBC News 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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