An industry analysts is being cautious on the performance of William Hill ahead of the bookmaker’s interim results on Friday. Nicholas Batram of Peel Hunt said that he expects first-half EBITA to fall to around £172.1 million, largely due to retail’s poor performance. Given the industry has struggled in the first half of the year, with sporting results favouring the …
Read More »The upcoming EIG Berlin Expo (21-23 October) will study present and future impacts on the gambling/igaming value chain. Team SBC and EIG caught up with GamCrowd CEO & Founder – Chris North, to discuss new venture financing in the gaming sector. Chris North details how knowledge driven crowd funding, can better help gaming ventures and new ideas come to fruition. …
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A special investigation by the Irish Examiner newspaper suggests ‘virtual roulette’ in betting shops could be illegal because of incorrect licensing, meaning bookmakers may be liable in future tax cases. Revenue Commissioners believe the activity has been misrepresented and may have serious repercussions upon renewal of gambling licences, with the possibility of a legal challenge looking increasingly likely. “Roulette on …
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GameAccount Network plc developer and supplier of enterprise-level B2B gaming software and online gaming content, announces the commercial launch of the next generation iSight Back Office.™ The newly re-engineered iSight Back Office™ will empower operators of GameAccount’s GameSTACK™ enterprise Internet gaming solution to comprehensively manage their customers’ accounts and implement cutting-edge marketing promotions designed to encourage increased visitation to …
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According to an industry survey, only 30% of mobile gambling revenue is new/additional revenue for operators For several years now the online gambling industry has declared the mobile channel its key growth driver. But the industry lacks more in-depth information regarding the mobile success story. Especially when it comes to the question of whether mobile revenues are new/additional revenue or …
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BskyB’s agreed buy out of Sky Italia and Sky Deutschland broadcast services, could lead to BskyB’s subsidiary sports betting and igaming brand Sky Bet, entering the European igaming markets. The Deal to incorporate the German and Italian broadcasters from 21st Century Fox, is estimated to be valued at £5 billion (€6.31 / $8.5 billion). If permitted by Italian and German …
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UK betting billionaire Fred Done, founder of bookmaker BetFred has invested in Manchester based start-up Degree 53. The app developer is set to launch Myracingresults.com, a one stop shop horse racing portal, where racing enthusiasts will be able to access racing results, daily race cards, live betting odd and expert tips and information. Myracingresults.com is the first product launch …
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(Press Release) OtherLevels, the mobile marketing and analytics platform announced today that Betfred has chosen them to power the brand’s native mobile messaging campaigns that reach more than 100,000 subscribed players. One of the UK’s oldest sports bookmaking companies with over 1,300 retail locations and 10,000 employees, Betfred manages tens of thousands of betting slips placed by players daily, either …
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Asian Casino operator Genting Hong Kong Ltd, forecasts a net profit of more than US $180 million (£107 Million) for the opening half of 2014. The forecasted figure represents an improvement of 88% on the first half of 2013, where Genting Hong Kong reported a consolidated net profit of US $23 million. Genting pointed to the March sale of its …
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The Australian Wagering Council has hit out at Racing NSW for implementing new minimum bet rules on wagering service operators. The group, which called for a freeze on the proposal last month, said the condition means online bookmakers will stand to lose a minimum amount on any single fixed odds wager on NSW Thoroughbred races, and criticised the policy as …
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