Stockholm-listed Betsson AB has confirmed that it has completed its £26 million acquisition of UK interactive gaming operator NetPlay TV (deal first announced on 2 February). Updating the market, Betsson governance informed that its offer had passed all conditions of the UK High Court of Justice, allowing for the firm to complete its transaction. Prior to High Court approval, Betsson …
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Premier Punt hits £200,000 Seedrs crowdfunding target
Edinburgh- based start-up and daily fantasy sports (DFS) operator, Premier Punt has announced that it has concluded its crowdfunding campaign on leading crowdfunding platform, Seedrs. The gambling and social gaming start-up was pleased to have hit its Seedrs venture target of £200,000 in funding which sees the firm give away 6.67% equity at a valuation of £2.8 million. Premier Punt further informed …
Read More »KPMG – Future is bright for Gibraltar industry community
Despite the unknown circumstances of Brexit negotiations, financial services firm KPMG believes that the future is bright for Gibraltar business and its community of industry stakeholders. This week KPMG hosted its seventh annual ‘eSummit in Gibraltar’ on 23 March ( Sunborn Hotel). As the event organiser, KPMG would host a Gibraltar Brexit ‘current state of play update. Opening the eSummit, the Hon. …
Read More »BetConstruct White Label services to power Breakout Gaming sports betting provisions
Industry platform and software provider BetConstruct has confirmed that it will supply its white label sports betting provisions for new online multi-vertical operator Breakout Gaming (Breakoutgaming.com). Integrating BetConstruct white label solutions, Breakout Gaming will gain access to over + 30,000 live events per month, with a combined 40,000+ pre-match markets from a sports inventory of 140+ sports to choose from. …
Read More »David Baazov continues share sale of Amaya equity
Former Amaya Inc Chief Executive David Baazov has reduced his shareholding in the Toronto TSX-listed firm to just 3.8% of common shares following the disposal of 12 million shares over the past two days. Updating the market, Amaya informed that Baazov had sold 12 million shares at a target price of CAD $22.31, netting their former leader CAD $268 million …
Read More »Gambling Commission reviewing point of consumption licensing
The point of consumption licensing introduced in 2014 is being reviewed by the Gambling Commission to check its effectiveness. Speaking to the All-Party Parliamentary Group on Betting and Gaming at Westminster on Wednesday, the regulator’s CEO Sarah Harrison revealed that the Commission is looking again at the general framework to see how it is functioning and whether any improvements can …
Read More »Sweden awaits Lotteriinspektionen gambling report
Swedish gambling regulatory body Lotteriinspektionen will today publish its commissioned report, detailing provisions for a potential national regulated gambling framework. Swedish MPs and industry stakeholders have eagerly awaited the report, which was commissioned by the government in 2015 for the purpose of commencing a license-based system for gambling operators. In January, fears arose of further industry regulatory delays following the …
Read More »Crippled… Kenya Treasury hits bookmakers with blanket 50% tax charge
Kenyan betting and lottery operators are by far the ‘biggest losers’ of the 2017/18 Kenya National Budget presented by Treasury Secretary Henry Rotich. The worst nightmares of Kenyan betting industry stakeholders came to life, as Rotich and the National Alliance (TNA) government announced a ‘uniformed 50%’ industry revenue tax on all verticals, more than tripling current gambling tax charges of …
Read More »Betcart – Sponsor Profile – #bofcon2017
Betcart is sponsoring Betting on Football 2017, the fourth edition of the largest international football and betting trade conference at Chelsea FC’s Stamford Bridge. Ahead of the 3-5 May event, we spoke to Natalie Berenato, the company’s Head of Marketing and Affiliates, about what she is looking forward to at the conference, what attracted Betcart to sponsor the event and …
Read More »Signal unveils first enterprise-wide customer identity solution
Signal, the provider of an identity asset for brands such as Sky Betting & Gaming, has announced its first enterprise-wide platform with instant customer recognition. Building on its Unified Customer View solution, launched in February 2015, the industry-first Customer Identity Solution enables marketers to instantly recognise customers and deliver contextual relevance at critical marketing moments beyond advertising and at any …
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