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Morgan Stanley Lowers US igaming estimates

SBC News Morgan Stanley Lowers US igaming estimates

Investment bank and corporate financiers Morgan Stanley lowered its estimate of the U.S. Internet gambling market on Tuesday to $3.5 billion by 2017, down from a previous forecast of $5 billion. The Wall Street firm cited worse-than-expected technical issues in its projection, but said it’s optimistic about the new industry’s long-term prospects. It forecast an $8 billion market by 2020, …

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Iforium partner with NYX Interactive for casino content

SBC News Iforium partner with NYX Interactive for casino content

Iforium developer of  sports betting software platforms and player management systems has agreed a new partnership with  NYX Interactive suppliers of gaming entertainment systems. NYX Interactive is the digital arm of supplier subsidary NYX Gaming Group, who operate from Stockholm Sweden. Under the partnership agreement Iforium will be issued with over 100 casino and slots games from the NYX interactive …

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William Hill rids itself of grey area igaming markets

SBC News William Hill rids itself of grey area igaming markets

iGaming and sports betting operator William Hill announced that it was to restrict player access from selected ‘grey area’ regions, as the operator looks to strengthen its regulatory oversight. William Hills digital gaming division will no longer accept payments and wagering from players and IP’s from the below listed regions William Hill sent a corporate communication to its affiliate and …

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GCA Cash awarded prestigious Casino Innovation Award

SBC News GCA Cash awarded prestigious Casino Innovation Award

Global Cash Access Holdings, Inc. (“GCA” or the “Company”) (NYSE:GCA), a global provider of innovative cash access solutions, cash handling devices and business intelligence for gaming establishments, today announced its Everi™ product has been awarded second place in Casino Journal’s 2013 Top 20 Most Innovative Gaming Technology Products. Everi™, launched in 2013, is an innovative payments and monetization solution bridging payments opportunities …

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English match fixing trio plead not guilty to charges

SBC News English match fixing trio plead not guilty to charges

English professional footballers Michael Boateng , Hakeem Adelakun  and Moses Swaibu, pleaded not guilty  to criminal charges made against them on football match fixing and bribery grounds.  The three man had been arrested by UK Police and  UK anti corruption  taskforce, with regards to investigations on suspicious betting activity The three professional footballers appeared at Birmingham Crown Court on Tuesday …

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32Red strengthens performance

SBC News 32Red strengthens performance

Online gaming operator 32Red has reacted with bemusement over the ‘sharp fall’ in its share price in recent weeks on the back of another year of record revenues. The operator suggests that it has suffered because other gambling firms have also seen their shares drop, but that was as a result of the UK Budget imposing greater taxes on retail …

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Record turnover as 888 post strong 2013 performance

SBC News Record turnover as 888 post strong 2013 performance

888 Holdings published its earnings report for 2013, the results saw a positive performance for 2013 as the operator generated a record turnover. 888 Holdings posted a full year revenue of $401 million (€290.6 million), the figure represent a 7% increase on the $376 million posted by 888 Holdings for 2012. 888 holdings B2C division, contributed the majority of revenue …

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Andrew Bowen joins GamCrowd as Chief Financial Officer

SBC News Andrew Bowen joins GamCrowd as Chief Financial Officer

GamCrowd specialists in  crowd funding and crowd sourcing for the igaming industry , have announced the appointment of ex-Ladbrokes egaming and Scientific Games Chief Financial Officer Andrew Bowen. Bowden joins the newly formed crowd funding vertical as Chief Financial Officer Andrew Bowen is a veteran of the igaming industry, he was a key member of the Ladbroke Plc team that set …

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Arbitrage specialists Yobetit appoint Nikolai Livori as CEO

SBC News Arbitrage specialists Yobetit appoint Nikolai Livori as CEO

Malta based betting arbitrage bookmaker – Yobetit has announced the appointment of Nikolai Livori as CEO. Livori will step up to take charge of the operator, from his previous position as Chief Technical Officer (CTO). As CTO of Yobetit Livori was a key figure in developing the operator’s home grown arbitrage betting platform, which debuted to the igaming public in …

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Boylesports sponsor 2014 Irish Grand National

SBC News Boylesports sponsor 2014 Irish Grand National

Fairyhouse Racecourse announced today that Boylesports will sponsor the 2014 Irish Grand National, which takes place at the Ratoath venue on Easter Monday, April 21st 2014. Ireland’s largest independent bookmaker will take over the reins as official sponsors of one of Ireland’s most historic steeplechase races, which has been run at Fairyhouse since 1870. Commenting on the new sponsorship, General Manager of …

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