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TopBetta continues growth with $12 million quarterly turnover

SBC News TopBetta continues growth with $12 million quarterly turnover

TopBetta, Australia’s first fantasy wagering company, continued its growth by achieving a September quarterly turnover of $12 million and revenues of $1.2 million. TopBetta held 1,650 tournaments during the quarter, with a total of $1.5 million paid out to tournament winners. The company was particularly pleased that its player on player product had 5,430 active users during a quarter which …

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News Corp Australia expands profile in racing with Punters.com.au acquisition

SBC News News Corp Australia expands profile in racing with Punters.com.au acquisition

Media group News Corp Australia has confirmed that it has acquired Melbourne-based racing news and odds website Punters.com.au for an undisclosed sum. The acquisition sees the Rupert Murdoch-owned media outlet deepen its ties within the Australian horseracing publishing market, with Punters.com.au disclosing an average monthly viewership of +375,000. Founded in 2008 by CEO Luc Pettett, Punters.com.au started-off as an Australian …

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GVC bolsters casino portfolio with WMS studio content

SBC News GVC bolsters casino portfolio with WMS studio content

Updating the market, GVC Holdings has today announced that Scientific Games Corporation’s games developer WMS studio will supply its market-leading online casino content to the Group’s Spanish and Belgium gaming sites. The new WMS games inventory will be offered through the bwin, partycasino and partypoker brands, will see in excess of twenty titles added to GVC’s portfolio, another significant upgrade as the …

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Betfair – Car crash weekend sees Trump drift to 5.0 as market reaches £59 million

SBC News Betfair - Car crash weekend sees Trump drift to 5.0 as market reaches £59 million

Updating its ‘US 2016 Presidential Market’, Betfair’s online betting exchange has now seen Republican candidate Donald Trump drift to 5.0 (20% chance of winning) following last night’s second Presidential Debate at Washington University St Louis. A weekend that saw the Trump campaign rocked by the Washington Post revealing audio tapes of Trump making lewd comments towards women, saw the Republican …

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Suren Khachatryan: Digitain – A sporting chance…market is no longer a land for one trick ponies

SBC News Suren Khachatryan: Digitain - A sporting chance…market is no longer a land for one trick ponies

Digitain CEO Suren Khachatryan says operators must have a sportsbook offering in order to remain competitive as industry stakeholders can no longer afford to be ‘one trick ponies’… _________________ This year, the legal sports betting market is on track to top $70billion for the first time, according to research by the European Betting & Gaming Association. But that market at …

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Sky Betting & Gaming eyes international growth following strong 2016 results

SBC News Sky Betting & Gaming eyes international growth following strong 2016 results

Publishing its full year 2016 results (12-month period ending 30 June), independent bookmaker Sky Betting & Gaming (SB&G) has delivered strong growth across all its 2016 metrics, as the operator prepares for its future international expansion. Closing its FY 2016, SB&G detailed that Group Revenues had hit £373 million, up 51% on corresponding FY 2015’s £247 million. The operator’s significant …

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Betting & Broadcast stakeholders hit back at UK government advertising review

SBC News Betting & Broadcast stakeholders hit back at UK government advertising review

Betting industry stakeholders have criticised the UK government with regards to its planned review of gambling advertising standards, which may see the introduction of a blanket ban on operator advertisements’ before the 9 pm watershed. Last Friday, the UK betting industry was rocked by the confirmation that the Conservative government would attach a review of UK gambling advertising practices to …

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William Hill & Amaya merger valued at £4.5-5 billion

SBC News William Hill & Amaya merger valued at £4.5-5 billion

UK business news sources have valued the potential merger of FTSE-listed William Hill Plc and Toronto TSX operator Amaya Inc at a combined value of £4.5-5 billion. On late Friday, William Hill and Amaya governances declared that they had entered initial talks discussing plans for an ‘all stock merger of equals’. The governances’ further detailed that the potential merger was …

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Lutrija Bosne i Herzegovine gets online with Comtrade

SBC News Lutrija Bosne i Herzegovine gets online with Comtrade

The Bosnia & Herzegovina National Lottery (Lutrija Bosne i Herzegovine) will extend its products and services online utilising Comtrade Gaming solutions. Announcing a multi-channel agreement, Comtrade will deliver the lottery operator a new games inventory which will include lottery formats TV Bingo, Loto 6/45 and 5/39, Joker, Pick the Colour and Bingo Plus via desktop, mobile and tablets. Further Comtrade …

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Global Gambling Powerhouse…Amaya & William Hill enter ‘all-stock’ merger talks

SBC News Global Gambling Powerhouse...Amaya & William Hill enter 'all-stock' merger talks

The governances of William Hill Plc and Amaya Inc have confirmed that they have entered talks discussing a potential ‘all-stock merger of equals’, with a view of creating a global gambling powerhouse. Reacting to press speculation on late Friday, the governances of FTSE-listed William Hill and Toronto TSX-listed Amaya disclosed that initial merger talks had begun. Amaya the operating company …

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