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Franz Wohlfahrt steps down as CEO of Novomatic

SBC News Franz Wohlfahrt steps down as CEO of Novomatic

Novomatic CEO Franz Wohlfahrt will leave his position at the end of September, the casino and betting operator has confirmed. The group supplies gaming technology and is one of the largest integrated gaming companies in the world, with more than 20,000 staff (3,000 in Austria). Wohlfahrt has been the firm’s general manager for the last 10 years, and is also …

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Lee Richardson- EIG Berlin Report – World Cup 2014 Initial results, trends & observations.

SBC News Lee Richardson- EIG Berlin Report - World Cup 2014 Initial results, trends & observations.

Lee Richardson Chief Executive of Gaming Economics opens a series of content, interviews and industry commentary building up to the EIG Berlin Expo (21-23 October). In this two part  betting white paper, Richardson presents detail Gaming Economics betting analyses and observations regarding the 2014 World Cup in Brazil. A sports betting industry veteran Lee Richardson has held various senior management …

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Surge in Australian betting market: $287m wagered on World Cup

SBC News Surge in Australian betting market: $287m wagered on World Cup

Whilst Australia may have bowed out in the group stage of the World Cup, they far exceeded expectations with results which included a narrow 3-2 loss against eventual third place finishers the Netherlands. Back home Australian football fans did their bit by exceeding bookmakers’ expectations in terms of the collective amount they placed in bets. Throughout the month long competiton …

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GTECH set to buy IGT for $4.7 billion

SBC News GTECH set to buy IGT for $4.7 billion

After weeks of speculation GTECH SpA have confirmed that it will buy Las Vegas based slots machine and gambling provisions manufacturer International Game Technology (IGT) for $4.7 billion (£2.74 billion). Business news sources speculate that GTECH have structured the purchase of IGT using cash and stock equity. The further inclusion of $1.7 billion in net debt, will see the total …

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Asian operators await decision on UK sports sponsorships

SBC News Asian operators await decision on UK sports sponsorships

The forthcoming UK Gambling (Licensing & Advertising) Act will come into play from October 1st and may force online gambling operators to obtain a UK gambling license should they wish to continue their partnerships with sports franchises in the nation. This act is being put in place to ensure that all companies who accept bets from customers, or, importantly, market …

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Betfred announces online marketing reshuffle

SBC News Betfred announces online marketing reshuffle

Manchester based sports betting operator have announced the departures of Digital Managing Director Christopher Sheffield and Head of Online Marketing Adele Lawton. The operator is currently in the midst of a management reshuffle for its online marketing division, as it looks to revamp its digital inventory. Betfred will seek replacements for Sheffield and Lawton through specialist executive search services. Christopher …

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FSB Tech partners with Sporting Solutions

SBC News FSB Tech partners with Sporting Solutions

FSB Technology (UK) Ltd has signed terms with Sporting Solutions to integrate its best-in-class data services to create the industry’s most comprehensive and compelling managed sports betting service. Any new or existing FSB Tech customer will now benefit from Sporting Solutions’ in-play data services pre-configured and fully integrated into its cutting edge sportsbook platform. FSB Tech has developed the first …

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Secure Trading and First Data Corporation partner to create US payment solution

SBC News Secure Trading and First Data Corporation partner to create US payment solution

Secure Trading and First Data Corporation today announced a partnership that offers a new payment mechanism to process online gambling transactions in U.S. states where the activity has been legalized. Secure Trading and First Data have worked together to design an easy-to-use, general purpose reloadable prepaid offering combining the powerful compliance tools of their ST-1 solution and First Data’s PayLucky™ Solutions. …

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DGE reports consecutive New Jersey igaming decline

The State of New Jersey reported declining  igaming revenues for a third consecutive month in June. Igaming figures published by the Division of Gaming Enforcement (DGE) reported total revenues down 9.5% month on month to $9.5 million (£5.6 million). The DGE reported that online casino contributed $7.5 million (4.4 million) of total revenues, with online poker supporting revenues of $2 …

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