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, …
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Don Best Sports – Sponsor Profile – #bofcon2017
Don Best Sports is sponsoring Betting on Football 2017, the fourth edition of the largest international football and betting trade conference at Chelsea FC’s Stamford Bridge. Ahead of the 3-5 May event, we spoke to Don Best Managing Director Benjie Cherniak about why football is such an attractive sport for betting, how the market is changing from a consumer perspective …
Read More »SBC delivers global market perspective at Betting on Football
The final agenda for Betting on Football has been released, with Mr Green CEO Jesper Kärrbrink just one of the star names signed by SBC Events to deliver a global perspective on the football betting market at Stamford Bridge (3-5 May). The former Svenska Spel CEO will be speaking on the Scandinavian panel at Betting on Football alongside Danske Spil …
Read More »Machine sales & interactive growth boost Scientific Games Q1 performance
Publishing its Q1 2016 results Nasdaq-listed Scientific Games Corporation (SGC) has published its ‘sixth consecutive quarter of growth’, driven by strong machine gaming sales and its interactive division. Q1 2017 revenues rose 6% to $725 million, up from $682 million a year ago. Revenue growth was supported by a 24% increase in global unit shipments and a 33% increase in …
Read More »Strengthened NYX Group seeks to establish its position as leading industry player in 2017
Publishing NYX Gaming Group’s full-year 2016 fiscal results, CEO Matt Davey has stated that his firm is prepared to lead industry omni-channel solutions and technology having significantly grown its operations through strategic M&A during a transformative year for the Toronto TSX-listed business. Presenting FY 2016 results, an enlarged NYX group would report corporate revenues of CAD $164 million (£93 million), …
Read More »OtherLevels – Sponsor Profile – #bofcon2017
OtherLevels is a sponsor for Betting on Football 2017, the fourth edition of the largest international football and betting trade conference at Chelsea FC’s Stamford Bridge. Ahead of the 3-5 May event, we spoke to OtherLevels’ Katie Corcoran (Digital Marketing Consultant) and Lance Standing (EMEA General Manager) about how OtherLevels can stand out from the competition, engage with its users …
Read More »RotoQL seeks to become ‘Bloomberg for sports fans’
US sports data and analytics firm RotoQL has raised $1.2 million (£1 million) in its latest venture finance round led by Boston Seed Capital. The ambitious New York start-up, founded by the number one ranked Daily Fantasy Sports (DFS) player Saahil Sud (COO) and Justin Park (CEO), has created a portfolio of sports data tools and technologies aimed at better informing and …
Read More »Continued realignment strategy sees Nektan hit high notes for Q3 2017
London AIM-listed industry mobile B2B gaming solutions provider Nektan Plc has published its Q3 2017 trading update (period ending 31 March) reporting top-line growth across its core performance metrics. Updating investors, Nektan governance detailed the firm’s strengthened commercial pipeline which had seen the company sign and launch 13 new casino partners. Publishing its Q3 performance, Nektan would report total group …
Read More »New Dawn… Will Justice Gorsuch back a US betting rethink?
Could US legalised sports betting finally have a Supreme Court backer in newly appointed Justice Neil Gorsuch? US betting stakeholders are questioning whether the new Republican Justice will push for a review and reworking of PASPA provisions by the country’s most powerful court. Following a tough confirmation process, President Trump confirmed the appointment of Gorsuch last week as new ‘seat …
Read More »Scientific Games boosts social portfolio by acquiring ‘Bingo Showdown’ developer Spicerack Media
Updating the market, Nasdaq-listed Scientific Games Corporation (SGC) has moved to bolster its social gaming portfolio by acquiring mobile and social games development studio Spicerack Media (Spicerack). The undisclosed sum acquisition of Spicerack will see SGC acquire all related assets including popular social game title ‘Bingo Showdown’, which will be added to SGC current social casino games portfolio operated by …
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