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North America

Solid start to 2017 sees Sportech expand corporate footprint in Asia & USA

The governance of London-listed racing technology and betting systems provider Sportech Plc has declared a solid start to 2017 (Q1: January – March) in-line with corporate expectations. Updating investors ahead of its annual AGM, Sportech discontinues accounting the performance of its Football Pools division having agreed to sell the asset to London private equity firm OpCapita for £83 million last ... Read More »

Sokratis Kokkalis – Intralot governance eyeing US & Turkey opportunities

Athens-listed lottery and gambling systems provider Intralot SA has set out its mandate for continued international expansion following the firm’s annual general meeting. Detailing expansion beyond its home market of Greece, company Chairman Sokratis Kokkalis has pointed to the continued US market expansion where Intralot currently services 12 states with 600 employees. Furthermore, Kokkalis detailed to investors the firm’s positive ... Read More »

Mark Frissora confident of new look Caesars future prospects

Speaking to Bloomberg News, Mark Frissora Chief Executive of Caesars Entertainment Corp (CEC) has laid out the three main objectives that will lead his firm’s recovery and add greater value for shareholders. Frissora and CEC executives are handling the final proceedings of the bankruptcy of the firm’s operating unit Caesars Entertainment Operating Company (CEOC). Frissora told Bloomberg that he expects ... Read More »

Breon Corcoran – Paddy Power Betfair exploring US options as European competition hits ‘extreme levels’

Breon Corcoran CEO of Paddy Power Betfair (PPB) is unafraid of expanding his firm’s presence and services within the US betting/gambling market, as European competition intensifies. Speaking to investors at PPB’s AGM, Corcoran makes his statement as FTSE100 PPB adds mobile US DFS operator DRAFT to its US market assets, having last week acquired the company for a total consideration ... Read More »

Amaya Inc appoints Brian Kyle as new CFO

Toronto TSX-listed Amaya Inc has confirmed the appointment of Brian Kyle as its Chief Financial Officer (CFO), replacing the departing Daniel Sebag as group finance leader. Kyle is expected to takeover full CFO duties from 19 June. An experienced 25-year tech enterprise CFO, Kyle joins Amaya from IT operations and software infrastructure specialist Pivot Technology Solutions. “Brian will be a ... Read More »

Intralot confirms appointment of John R Donahue as USA MD

Athens-listed Lottery and gambling systems provider Intralot SA has confirmed the appointment of John R Donahue as Chief Executive Officer of its USA Division. A thirty-year lottery and gaming veteran Donohue joins Intralot from competitor Scientific Games, where he acted as Managing Director of International Systems. Donohue has further held leadership positions at IGT and Sirius Gaming. As MD of ... Read More »

Amaya Inc declares strong start to 2017 as company records all-metric growth

Toronto-listed online gaming group Amaya Inc has declared a strong start to 2017 as the company progresses on its product diversification strategy. Updating the market on its Q1 2017 performance (period ending 31 March), Amaya governance would declare ‘all-metric’ growth across its core reporting benchmarks, as the company records $317 million in group revenues. The operator reports that its online poker ... Read More »

Betfair – Trump’s odds on 2017 exit plummet following controversial Comey FBI sacking

Betfair Politics has informed that the odds on Donald Trump departing/resigning from office have plummeted following the US President’s controversial decision to sack FBI Director General James Comey. Updating US political markets, Betfair Politics has now priced Donald Trump to leave office before the end of his first term at ‘evens money’ (50% Chance). Following the shock decision to fire ... Read More »

Gamblit aims for the next level following $25 million investment

Glendale (California) based ‘real-money’ games developer Gamblit Gaming has confirmed that it has raised an additional $25 million (€23 million) in venture funding to help aid its next stage of growth and enterprise development. Led by CEO and founding member Eric Meyerhofer,  Gamblit aims to create gaming content that will bridge customer integration and engagement between digital verticals and traditional land-based ... Read More »

Paddy Power Betfair gains US DFS presence with $48 million acquisition of DRAFT mobile

In a move to expand its corporate footprint within the US market, FTSE100 betting firm Paddy Power Betfair (PPB) has confirmed that it has agreed to acquire US mobile-focused fantasy sports operator DRAFT for a deal valued at $48 million (£37 million). Entering the US DFS market, PPB will initially pay $19 million for all DRAFT related assets and resources, ... Read More »