Presenting its Q1 2016 update (period ending 31 March) Oslo-listed Gaming Innovation Group (GIG) reported a revenue uplift of 24% to €7.9 million (Q1 2015: €6.4 million). Detailing revenue drivers, GIG governance detailed that the company had witnessed a significant growth in active players during the period, as its online gambling assets recorded ‘92,937 real money’ players for Q1 2016. GIG …
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David Clifton – Licensing Expert – A month of major UKGC regulatory developments
The last month has seen a large number of regulatory developments that will have direct bearing on operators licensed by the Gambling Commission. Although it was not the first in chronological terms, my starting point is a speech given by Sarah Harrison, the Gambling Commission Chief Executive, at the Bingo Association AGM. It represented a summary of: what she called …
Read More »Unlawful poker organisers ordered to pay over £32,000 in fines
Two men have been ordered to pay over £32,000 in fines and legal costs to Kingston Council following a crackdown on illegal gambling at a private members’ club in London. Nicholas Clark and Luke Flack pleaded guilty to gambling offences at Kingston Crown Court on Friday 29 April, with Judge Coello sentencing Clark to a fine of £2,300 and Flack to £1,000, …
Read More »FSB Technology appoints Garry Pattenden as Operations Director
Sportsbook platform provider FSB Technology (UK) Ltd has appointed Garry Pattenden as its new Operations Director, with the firm looking to bolster its operational delivery team in order to help service the ten new B2B licensees it signed last year. Pattenden, who joins FSB Tech having spent more than a decade as Commercial Director of mobile technology company Safari Mobile (UK), …
Read More »Gibraltar backs Remain as June EU Referendum approaches
The citizens of British overseas territory Gibraltar, are backing remaining in the European Union ahead of next month’s UK EU Referendum (23 June). The latest polls undertaken by various Gibraltar news sources, indicate that ‘The Rock’ is firmly committed to staying in the EU economic zone with results showing 85% of Gibraltarians wanting to remain (8% leave / 7% undecided). …
Read More »Genting UK undertakes executive shake-up as company aims for compelling multi-channel offering
Announcing a new corporate strategy focusing on developing multi-channel capabilities, Genting UK President Paul Willock has announced a restructure of the operator’s executive team. Focusing on delivering a compelling multi-channel offering to its customers, Willock confirmed the appointment of Mark Sergeant as Managing Director of Genting Casinos UK ‘Home Markets’. Sergeant the former Managing Director of Gala Coral UK Casinos, …
Read More »Caesars Entertainment appoints Judge Robert E. Gerber as Chief Restructuring Officer
Embattled Caesars Entertainment Corporation (Caesars Entertainment) has confirmed the appointment of the Honourable Robert E. Gerber as Chief Restructuring Officer (CRO) Gerber a New York Bankruptcy Court Judge has been appointed on the recommendation of Caesars Entertainment’s special strategic committee. Updating the market, Caesars Entertainment detailed that Gerber would be advising the company on corporate restructuring initiatives, debt obligations and …
Read More »Amaya merges Full Tilt & PokerStars liquidity into ‘centralised network’
Amaya Inc has confirmed that it will migrate players from subsidiary brand Full Tilt onto a shared poker network with its leader product PokerStars. The player migration which will be actioned on 17 May, will see Full Tilt and PokerStars merge their ‘poker player liquidity’. In February, Amaya governance detailed that it would create a shared network for its online …
Read More »Turkey reattempts to privatise National Lottery
The Turkish Ministry of Finance has formally announced that it intends to privatise its National Lottery opening up the its first stage tender process on 5 August. Presenting initial details, the Ministry outlined that its private tender for ‘Milli Piyango’ would be set for a period of ten years. Turkey’s previous attempts to privatise its National Lottery have been unsuccessful, …
Read More »Sky Bet to sponsor Summer Sprint Series at Royal Windsor
Arena Racing Company (ARC) and Royal Windsor Racecourse have announced that Sky Bet will be headline sponsors of the new Summer Sprint Series. The Sky Bet Summer Sprint Series will consist of nine qualifying races run over five and six furlongs. Each race will be worth at least £10,000, including two £20,000 handicaps. The Sky Bet Summer Sprint Series Final …
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