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Last week’s unexpected devaluing of the Yuan by the People’s Bank of China’ will likely have negative impacts throughout Asia’s casino and leisure industry, according to numerous Asian business analysts. Aimed at stabilising the national economy and maintaining growth and employment rates, the devaluing of the Yuan is thought to represent China’s largest depreciation its ¥. currency for twenty years …

Updating the market on its Q2 corporate performance, Oslo-listed Gaming Innovation Group (GIG) posted an 88% rise in revenues of €4.8 million (£3.4 million) up from Q2 2014’s €2.5 million. GIG, the operating company of igaming and sports betting brand Guts.com, recorded improvements throughout its core top-line metrics, as a stronger revenue generation translated to gains in Q2 EBITDA earnings …

Eastern European sports betting and gambling operator Fortuna Entertainment has announced that it has re-hired Michal Hanák as its Chief Sports Betting Officer, as the operator looks to strengthen its presence and services within core markets. Hanák re-joins Fortuna Entertainment having served as Head of Trading and as a member of the operator’s board from 2005-2012. From 2012-2015 Hanák would …

Security and ID provisions software provider GBG has confirmed that it has secured global ID verification partnership with igaming technology supplier Playtech. GBG will service Playtech’s licensee network with customer ID verification and security technology through its IMS platform. The provisions will be offered throughout Playtech’s diverse product range, including its recently incorporated financial trading services division. The ID software …

bet365 was the leading destination for tipsters on the opening weekend of the 2015/2016 Bundesliga Championship, according to European sports tipping portal bettingexpert.com. A hard fought opening weekend of Bundesliga action by online bookmakers saw bet365 (12.9%) edge Unibet (12.2%) as most active bookmaker for bettingexpert’s tipsters (see table below). Giving insight into betting market value and player engagement, bettingepxert …

iGaming industry specialist payment provider, Optimal Payments  has announced the details of AffiliateFEST, a project created by Lee-Ann Johnstone Head of Affiliates and targeted at the next generation of affiliates looking to make their mark in the iGaming sector. The acquisition and partnership focused event,  takes place at London’s Hippodrome Casino on October 12 features keynote speakers and some invaluable …

Gambling technology provider Genii has announced an agreement to integrate its extensive range of casino games to Altenar’s fully managed gaming solution. The agreement will bolster Altenar’s mobile and desktop casino offering with Genii’s portfolio of over 130 games, headlined by its new, unique Spin 16 product range.Utilising the full area of touchscreen devices, Spin 16 uses patented technology that …

Industry supplier BetConstruct has announced it is adding to the number of live sports offered in its Sportsbook product with the inclusion of eFootball. eFootball will feature matches from the FIFA Football League with teams competing using the EA Sports FIFA 16 game. “BetConstruct are at the forefront of incorporating eSports into a supplier offering. This addition demonstrates our commitment …

Global payment provider WorldPay has informed the media that Britain’s bookmakers are back in business following the start of the Premier League 2015/2016 football season. Following a quiet two months , the opening weekend of the new season provided a timely reminder of how much love the nation and punters have for the ‘best football league in the world’. Exclusive data …

London AIM listed gambling group GVC Holdings is reportedly facing a multi-million dollar legal claim by Canadian entertainment consultancy 37 Entertainment which has accused it of reneging on a deal as a result of its involvement in the £1bn takeover bid for bwin.party Entertainment. 37 Entertainment (37E) claims that GVC had agreed terms to launch a 50-50 partnership targeting the …