FTSE100 Paddy Power Betfair (PPB) has expanded its reach into the Georgian regulated gambling market acquiring a 51 per cent shareholding in leading betting and gaming group Adjarabet. The initial cash consideration put forward for Adjarabet’s majority shareholding totals £101m, with the UK operator granted first right to acquire the remaining 49 per cent within a period of three years. …
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The Gambling Commission has warned the gambling industry that the indiscriminate use of non-disclosure agreements (NDAs) in settlements with customers over problem gambling issues will not be tolerated. Last year, stories broke in the national media about some major bookmakers adding ‘gagging orders’ to deals with their customers preventing them from going to the Commission with a complaint against any …
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Brexit has dominated headlines for the last two and a half years, with less than 60 days to go until the UK is due to leave Europe. Both the EU and UK remain uncertain as to whether or not a deal, that will be agreed upon by both parties, can be reached by 29 March. In Tuesday’s vote, MPs voted …
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Publishing its H1 2018/19 interim results (period ending 31 December), the governance of Rank Group Plc states that it has identified a number of core efficiency-led directives that it will undertake, as part of its ongoing corporate transformation programme. The London-listed operator’s performance continues to suffer from ‘venue declines’ as its flagship Grosvenor properties adjust to a tougher UK retail …
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UK independent health association the Royal Society for Public Health (RSPH) has announced that it will establish the ‘Gambling Health Alliance’(The Alliance) in partnership with industry charity GambleAware. In its mandate, the Alliance will ensure that gambling harms are placed on an ‘equal footing with other major UK public health challenges’ focussing on prevention, early intervention, and increasing community engagement/awareness …
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Colossus Bets, the supplier of next-generation pool betting markets, has announced that it will significantly boost its active US profile, having secured a totalizator licence granted by the Oregon Racing Commission (ORC). The licence will allow Colossus Bets software to be integrated within the ORC totalizator network, making Colossus’ lotto-sized pools jackpots inventory available to ORC syndicated betting operators. Updating …
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GeoComply’s Chairman, Anna Sainsbury, has been appointed to the board of directors for the American Gaming Association (AGA) as a bid to support “understanding of regulated gaming” in a post-PASPA America. The compliance grade geo-location technology supplier has become a board-level member of the AGA, the national trade group which represents the $261bn casino industry in the US. Sainsbury praised …
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Ladbrokes and Grupo Cirsa, Spanish market sports betting joint-venture Sportium have announced the launch of its ‘UNO’ app accounts, seeking to unify engagements across its digital and land-based properties. Launching its new product, Sportium states that it has delivered Spain’s first omni-channel discipline for sports betting consumers, with UNO accounts allowing customers to cash-out winnings across all 3,000 Sportium Spanish …
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Fast growth industry games developer Pragmatic Play has moved to strengthen its Virtual Sports capabilities and content by confirming the outright acquisition of VSoftCo Group. The undisclosed sum deal sees Pragmatic Play announces its second corporate acquisition, having taken control of live casino provider ‘Extreme Live Gaming’ in 2018 from Novomatic Group. Updating the market, Pragmatic Play executive Yossi Barzely, …
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Duncan Maylon, retail director of Camelot UK, is to depart the company after nearly a decade to pursue the position of commercial director at Arla Foods. During his tenure at Camelot, Maylon helped grow National Lottery retail sales upwards of 15 per cent, with annual in-store sales totting up to over £5bn. Malyon said: “I’ve loved working at Camelot for …
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