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Nasdaq-listed Scientific Games Corporation has stated that integration initiatives and cost focused synergies implemented in 2015 have helped the company record an income boost of $50 million up 178% on Q1 2015’s $18 million. Updating the market on its Q1 2016 performance (period ending 31 March), Scientific Games reported growth on revenue and earnings ‘metrics, despite being impacted by unfavourable …

The UK Gambling Commission (UKGC) has published a set of new requirements to prevent crime associated with gambling. The new rules will come into force later this year and  follow a Commission consultation which took place at the end of 2015. As part of the changes, UKGC will require gambling operators to: Conduct an assessment of the risks of money …

Presenting his first market update, Frank Gibeau new CEO of Zynga Plc detailed that he was confident of the company’s long term performance as the social games developer beat Wall Street forecasts. Top titles for Zynga such as Farmville generated sales of $187 million for Q1 2016 (period ending 31 March) up 8% on 2015 corresponding $183 million Despite its …

Mexican broadcaster TV Azteca has confirmed that it will invest $1 million in DFS software provider Fantasy Network, with a further $10 million committed in advertising of a future Daily Fantasy Sports brand for LATAM regions. TV Azteca confirmed this morning that it had entered a ‘memorandum of understanding’ with Fantasy Network management, which will see the DFS supplier expand …

A tough opening to its 2016 corporate performance, has seen Eastern European gambling operator Fortuna Entertainment revise its year guidance detailing an EBITDA drop ranging between 10-15%. Updating the market on its Q1 2016 (period ending 31 March), Fortuna reported a group wagering increase to €251 million (up 26% on corresponding Q1 2015) combined with Gross Win revenues of €38 …

Lithuania’s Gaming Control Authority (GCA) has publically criticised Stockholm-listed European online betting operator Unibet, for allegedly breaching its online gambling policies. The GCA who under the authority of Lithuania’s Ministry of Finance issued a blacklist in January, detailing Unibet, William Hill and Betway amongst European operators deemed to have breached national gambling laws, stated that Unibet had breached laws by …

In part two of his article on pricing in the betting industry, Jeevan Jeyaratnam of Super Soccer GPS highlights some of the mistakes that occur because of the way trading rooms work these days, and the implications for the customer. Confidence in some large scale price providers is low, and rightly so judging by a couple of ‘early shows’ we’ve witnessed this …

Newcastle Racecourse management has confirmed the successful installation and trial of its new tapeta all-weather track at Gosforth Park Racecourse Following a testing undertaken by 40 horses, British Horseracing Authority (BHA) inspectors cleared the new track for sanctioned racing. The racecourse will now open in time for the first 188BET All-Weather Raceday on 17 May. a £60,000 seven race card …

It was a good week for the bottom half of the Tipster Challenge table at Chester, as Timeform landed 4 winners for a total of 8.33 points, and Stephen Harris of bettingexpert picked the longest odds winner of the day in No Heretic (11/1). Despite that long odds success, SBC News were able to move further clear at the top, …

Following the announcement that Republican Presidential nominee candidates Ted Cruz and John Kasich had conceded GOP party representation to Donald J Trump, Betfair’s online exchange has recorded its lowest price on ‘Trump taking the White House’! The Betfair exchange currently prices the controversial New Yorker at 3.7 to become the next US President. At current market pricing Betfair detailed that …