Clarion Events, organiser of the first Japan Gaming Congress which takes place in Tokyo May 14th- 16th, has described the line-up of speakers as representing the most influential gathering of experts ever assembled to discuss the development of gaming in Japan. Support for the inaugural Japan Gaming Congress continues to gather pace with Clarion confirming that so far a total of 30 …
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US business boosts Sportech
Sportech chief executive Ian Penrose said that the company remains ‘well positioned for future growth’ in the US market and that the company has entered 2014 with confidence. Penrose made the statement during Sportech’s preliminary results for the year in which revenue grew slightly to £110.3m, as did EBITDA to £26.0m, although adjusted profit before tax was slightly down to …
Read More »RGA launches self-exclusion database
The Remote Gambling Association (RGA), GamCare and the Gordon Moody Association have launched a project to provide assistance to people who may have a problem gambling and want to self-exclude from online gambling websites. The initiative, which was conceived at a meeting of the RGA’s social responsibility committee, will enable counsellors at GamCare and Gordon Moody to help their clients …
Read More »Call for anti-problem gambling measures to be standard
The two main suppliers of gaming machines to betting shops in the UK have called for the new responsible gambling measures introduced this weekend to be extended to all gaming machines in all sectors. Inspired Gaming and SG Gaming have issued a joint statement calling for the mandatory introduction of these measures across all categories of UK gambling. The new …
Read More »Playtech founder selling large stake
Playtech founder Teddy Sagi is selling 10% of the company for £212m($353 million), the supplier has told the stock market. 29.3m ordinary shares are being sold for 725p, despite them reaching a record high of 818p last week. The shares are owned by Brickington, a company in which Sagi is beneficially interested, and Playtech was at pains to highlight that …
Read More »GTECH Wins Greek OPAP Tender
Former Greek state owned gaming operator – OPAP has selected gambling and lotteries software provider GTECH as its online gambling provider. OPAP had created a closed tender with selected pitches to software suppliers 888 Holdings, Openbet , Playtech and GTECH. GTECH is set to provide the Greek State operator with full digital gambling provisions and player management systems. The account …
Read More »Perform Group Aims To Cut Costs After 2013 Decline
Sports media group Perform in 2103 confirmed earnings per share fell seven per cent in 2013, but said it has plans in place to address its problems. Despite revenues growing 37% to £208.1bn, helped by the acquisitions of sports data experts Opta and Perform Sporting News, a swollen cost base and weak second-half advertising market saw a 3% slide in …
Read More »House Of Lords Ministers Attack Gambling Advertising
UK broadcasting standards regulator –Ofcom published its study on UK gambling advertisement and exposure. The regulator stated that British television had increased by 600 per cent since the deregulation of the sector in September 2007, growing from 234,000 to 1.4 million a year. Further research reported that gambling adverts had generated 30.9 billion views. The Ofcom research found that a …
Read More »5% profit growth marks ‘good year’ for Paddy Power
Paddy Power chief executive Patrick Kennedy has hailed another ‘good year’ for the bookmaker, which has marked growth in every division, particularly online which now delivers over three quarters of the group’s profits. The firm has reported a 17.5% upturn in revenues to €745m (£613m) for 2013, and record profit before tax of €141m (£116m), up 5% on 2012, despite …
Read More »UK Government Set to Review Gambling Advertising
The Association of British Bookmakers (ABB) may have just launched the Responsible Gambling and Player Protection, however it appears that UK ministers are prepared to further add restrictions to UK gambling regulators. Sources close to UK Media and Culture Secretary – Maria Miller are said to have reported that UK coalition government is prepared to implement radical reforms and restrictions …
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