Aristocrat CEO and Managing Director, Trevor Croker, has detailed that the company’s ‘commitment to participate in the RNG sector’ as part of its wider strategy will not be altered, following news of the collapse of its acquisition of Playtech. Issuing a statement this morning, Playtech anticipated that the minimum threshold of 75% of shareholders would not vote in favour of …
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JKO withdraws from Playtech bidding contest to pave the way for Aristocrat takeover
JKO Play has confirmed that it will not meet the deadline to make a firm bid for Playtech, leaving Aristocrat as the sole bidder for the majority shares in the gaming firm. Issuing an update this morning, the Eddie Jordan family and Keith O’Loughlin owned company – which controls a 0.51% stake in Playtech – revealed that it would be …
Read More »Playtech reschedules JKO offer confirmation date as shareholder meetings adjourned
Playtech Plc has announced that the make or break deadline by which JKO should confirm its intentions with regards to a takeover of the gaming content and technology developer. Under the initial terms, JKO would have until 5:00pm on 5 January 2022 to make a firm offer to buy Playtech, but the revised conditions will see the company have until …
Read More »Flutter to continue leveraging OpenBet for Sportsbet brand
Flutter Entertainment has signed a four-year contract renewal with OpenBet, continuing to leverage the company’s services for its Australian Sportsbet subsidiary. Under the terms of the agreement, Sportsbet will utilise OpenBet’s technology and services with the aim of delivering ‘best-in-class sports betting entertainment’ to new and existing customers until 2025. Sportsbet has reported ‘record volumes’ in the Australian sports betting …
Read More »Entain predicts strong cricket trading bounceback by year’s end
Entain has predicted that cricket betting markets will experience a significant increase in trading in the final weeks of 2021, anticipating turnover from a number of different countries. The FTSE250 gambling group believes that the onset of the 2021/22 Ashes Series in Australia, beginning today (8 December), as well as the start of the country’s domestic Big Bash League (BBL), …
Read More »Entain hit with AUS $26,690 fine for Neds’ Northern Territory licence violation
The Northern Territory Racing Commission has penalised Entain with an AUS $26,690 fine after its Australia-facing Neds subsidiary was judged to have violated state licencing requirements. An investigation into Neds’ compliance with the law began after a Commission member saw a Business Development Manager form the company inform a rage goer that bonus offers could be accessed by scanning a …
Read More »RWWA enhances wagering offering through BetMakers deal
BetMakers Technology Group will further develop its fixed odds and racing wagering products after signing a new, long-term partnership with Racing and Wagering Western Australia (RWWA). Under the terms of the agreement, BetMakers will provide fixed odds win, place and exotic bet types for all codes of racing across all RWWA’s sales channels including TABtouch as well as more than …
Read More »ASX eyes placed on Racing and Sports PTY $69m listing
Racing and Sports PTY wants to become betting’s next data and media goliath, joining the high ranks of Sportradar, Genius Sports, Stats Perform and IMG Arena. The Canberra upstart, which is eagerly awaiting its ASX Exchange listing later this month, is targeting an AUS $69 million (€45m) market capitalisation to accelerate its expansion beyond Australian shores. Publishing its ASX prospectus, …
Read More »Entain provides ‘unique’ content and experiences to F1 fans
Entain is providing customers of its gaming brands with ‘unique’ experiences and media content, whilst promising special access for Formula 1 fans through its PartyCasino and partypoker brands. International TV ads will run from now to the end of the season in mid-December, initially in the UK, promising customers special access to the McLaren F1 team through PartyCasino and partypoker, …
Read More »Europe accounts for 169 betting alerts in GLMS Q3 update
The Global Lottery Monitoring System (GLMS) has identified 358 suspicious sports betting alerts throughout the third quarter of 2021, with Europe accounting for the majority of alerts. Publishing its Q3 update, the GLMS reported that it was alerted to 169 cases of suspicious wagering activity in Europe – a trend which was demonstrated in its Q1 2021 report earlier this …
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