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Daniel Sebag retires as CFO of Amaya Inc

SBC News Daniel Sebag retires as CFO of Amaya Inc

Further to today’s corporate update on its revised full-year 2016 guidance, the governance of Toronto TSX-listed Amaya Inc has informed stakeholders and the media that Daniel Sebag has retired from his leadership role as Chief Financial Officer (CFO). Sebag leaves Amaya following ten years’ service as Amaya’s first ever CFO. Announcing his departure, Amaya governance stated that Sebag had played a …

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LeoVegas announces sponsorship deal with Leicester Tigers

LeoVegas & Leicester Tigers

LeoVegas has made a ‘statement of intent’ by announcing a sponsorship deal with one of UK’s most decorated rugby clubs, Leicester Tigers. The company has been revealed as the ‘Official Betting and Gaming Partner’ for the two-time European Cup winners and 10-time English league champions. The three-year deal from January 2017 will include the online casino’s brand logo on the …

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Amaya ups 2016 revenue & earnings guidance but warns of 2017 currency impacts

SBC News Amaya ups 2016 revenue & earnings guidance but warns of 2017 currency impacts

The governance of Toronto TSX-listed Amaya Inc has this morning issued an update to the firm’s full-year 2016 guidance, adjusting upwards its top-line metrics for revenue and earnings results. In its latest trading update, Amaya governance details that FY 2016 revenues will range between $1.153-1.158 billion, as compared to its previous guidance of $1.137-1.157 billion. Further positives see Amaya governance …

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Scientific Games completes $20 million acquisition of DEQ Systems

SBC News Scientific Games completes $20 million acquisition of DEQ Systems

Issuing a corporate update Nasdaq-listed Scientific Games Corporation (SCG) has confirmed that it has completed its $20 million acquisition of industry progressive systems and table games manufacturer DEQ Systems Corp (deal first announced September 2016). Updating investors, SCG governance stated that DEQ’s current gaming inventory would be integrated within the firm’s existing services portfolio, boosting SCG’s provisions in proprietary table …

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Stanleybet launches €12.5 million ‘virtual events’ claim against Cypriot government

SBC News Stanleybet launches €12.5 million 'virtual events' claim against Cypriot government

European gambling operator Stanleybet is suing the government of Cyprus for breaching European Union trade and business policies. Filing a claim under Stanleybet Malta, the operator is seeking compensation in excess of €12.5 million for loss of operating profits, legal costs and restriction of services relating to the ‘2012 Betting Law’ which banned wagering on Virtual Sports terminals. Furthermore, Stanleybet …

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GBGA dealt ‘one entity’ blow in UK tax challenge

GBGA

European Court of Justice Advocate General Maciej Szpunar has dealt a blow to the legal challenge brought by the Gibraltar Betting and Gaming Association (GBGA) against the UK HMRC’s 2014 new tax regime on online gambling duties. Detailing his opinion on GBGA’s ongoing challenge, Szpunar stated that British overseas territory Gibraltar and the UK should be treated as ‘one entity’ with regards to …

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Boylesports extends sponsorship of RTÉ Sport’s racing coverage

SBC News Boylesports extends sponsorship of RTÉ Sport’s racing coverage

Irish independent bookmaker Boylesports has confirmed that it will extend its sponsorship of RTÉ Sport’s horse racing coverage for a further year. As part of its sports content, Irish national broadcaster RTÉ has at present 24 days of racing coverage including popular races the Irish Grand National, Irish Champion Stakes and The Irish derby, as well as festival coverage of …

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