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Done Deal…Fortuna closes Hattrick acquisition

Following a period of high M&A activity and corporate restructuring, Eastern European gambling group Fortuna Entertainment has confirmed that it has finalised its acquisition of Hattrick Sports Group (deal first announced February 2017). Fortuna governance has announced that its acquisition has passed all regulatory requirements, as the group expands its European market portfolio adding Hattrick assets Casa Pariurilor (Romania) and ... Read More »

Surebet247 boosts retail offering with Betradar virtuals

Surebet247 - Copyright: peterhermesfurian / 123RF Stock Photo

Nigerian sports betting operator Surebet247 has targeted increased footfall across its retail stores after agreeing a deal with data services provider Betradar. Surebet247, which operates from over 4,000 stores across Nigeria, will be using the full suite of virtual gaming products from Betradar, a partner of more than 800 companies in over 80 countries. Sheriff Olaniyan, CEO of Surebet247, said: “We ... Read More »

Casino 36 secures £12 million Dudley casino project

UK gambling operator Casino 36 expands its presence within the West Midlands, by securing the rights to build a new casino property in the town of Dudley. Confirming its £12 million project, Casino 36 management informs that the operator will relocate its existing Castle Casino property from Castle Hill to a new site in Dudley. Its new Dudley property will ... Read More »

Arena Racing strengthens Greyhound position acquiring Newcastle & Sunderland properties from William Hill

UK racetrack operator Arena Racing Company (ARC) has acquired Newcastle and Sunderland greyhound stadiums from FTSE-listed bookmaker William Hill. Updating the market, ARC governance snatched the deal from racing and greyhound media rights provider SIS who had agreed to purchase the assets from William Hill last February. Newcastle and Sunderland greyhound races will now be added to the Greyhound Media ... Read More »

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 »

Irish Ministry of Finance to review industry tax levels

Ireland’s Ministry of Finance has confirmed that it will review its rate of industry taxes as part of its ongoing review of Irish corporate taxation laws examined by special body the Tax Strategy Group. The review will focus on the tax/levy provisions of the ‘2015 Betting Industry Amendment Act’, and will assess current business conditions and the potential impact of ... Read More »

IZIBET partnership sees Kiron Interactive launch first Virtual Sports games for Malta

Kiron & Supervivo

Kiron Interactive has become the first industry supplier to service Virtual Sports provisions in Malta through its partnership with licensed retail betting operator IZIBET. The industry virtual games provider is set to service 30 IZIBET branded retail points, including the bookmaker’s flagship store at the Dragonara Casino dedicated Sports Lounge. Virtual Football was launched initially to coincide with the end ... 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 »

Northern Spain ambitions see Codere revamp Basque Pelota

Spanish sports betting operator Codere Apuestas (Codere) will fund the creation of a new Basque Pelota player league ranking with the help of the sport’s governing body Liga de Empresas de Pelota a Mano (LEPM). The new system named ‘Ranking LEPM Codere’, for the first time will classify the performance of Basque Pelota players competing in the ‘Aspe Pelota’ y ‘Asegarce Pelota’ ... 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 »