Online betting exchange Matchbook has confirmed that it has become the official betting partner of the Qatar Goodwood Festival. Matchbook confirms its Goodwood partnership, as the betting operator unveils its new horse racing betting product to complement its existing sports betting markets. As part of their on-course presence at Goodwood, Matchbook is sponsoring five races across the first three days, …
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Inspired Gaming snapped up by Hydra for £200 million
Inspired Gaming Group, the manufacturer of FOBTs and developer of virtual and slots games, is to be acquired by New York-based private equity firm Hydra Industries for a total valuation of £200 million. The sale of Inspired assets has been negotiated with main investor Vitruvian Partners LLP and its co-investors in the enterprise. Deal stakeholders informed that the acquisition deal, which includes …
Read More »William Hill takes bets on Britain not leaving the EU before 2020
William Hill has revealed that it has taken bets on Britain not leaving the EU before 2020. At present, the bookmaker is offering odds of 2/1 on Britain not fulfilling its BREXIT mandate by 2020, with William Hill further offering 4/6 odds that the UK departure will come in 2019 and 4/1 by 2018. Publishing its market, company spokesman Graham …
Read More »UK players angered at EuroMillions price increase
UK lottery players have responded negatively to changes made to the EuroMillions game (Europe’s largest lottery draw). Commenting on social media channels, UK players have protested against the increased pricing of the EuroMillions draw, which will see the price of a line go up by 50p to £2.50 from September. Furthermore, the EuroMillions game will feature an extra lucky star …
Read More »Playtech boosts omni-channel capabilities with Best Gaming Technology acquisition
FTSE-listed Playtech Plc continues to strengthen its position within the sports betting market by confirming to acquire Best Gaming Technology for €138 million (£115 million). The ‘all-cash’ acquisition sees Playtech secure a 90% stake in the Vienna-based company, which specialises in retail based sports betting provisions, risk/ liability management and multi-channel odds feeds. The announced deal will see BGT …
Read More »UKGC publishes ‘joint consultation’ on proposed licence fee changes
Partnering with the Department for Culture, Media and Sport (DCMS), the UK Gambling Commission (UKGC) has published its initial ‘joint consultation’ on proposed changes to operator fees with regards to UK gambling licences. The commission expects to implement these changes from April 2017. The proposals of the UKGC consultation are as follows: Take account of the significant changes to our costs …
Read More »BoyleSports acquires liquidated Hacketts retail assets
Irish independent bookmaker BoyleSports has confirmed that it has agreed to acquire four retail betting shops from liquidated operator Hacketts Ireland. The purchase of the betting shops was registered through High-Court appointed liquidator Ken Tyrrell and Declan McDonald of PwC. The agreed deal will see BoyleSports takeover the management of Hacketts betting shops in Cashel (Co Tipperary), Callan (Co Kilkenny), …
Read More »Betfred closes in on Ladbrokes-Coral betting shops
The Sunday Times has reported that Betfred is nearing a deal to buy hundreds of betting shops, as the Ladbrokes-Coral merger enters the final stages of its UK Competition and Markets Authority (CMA) review. As part of its merger completion, Ladbrokes-Coral has been forced to sell a significant number of betting shops in order to secure UK competition approval and …
Read More »Murray replaces Joshua as SPOTY favourite
After winning Wimbledon on Sunday afternoon, Andy Murray has moved ahead of Anthony Joshua as the bookmakers’ favourite to win this year’s BBC Sports Personality of the Year. Murray is now 4/5 with William Hill to win the award for two years running, with Anthony Joshua at 6/1 and Welsh hero Gareth Bale at 8/1. It was also revealed that …
Read More »Lottomatica goes ‘live’ with Vermantia content management system
Industry virtual sports and live content specialist Vermantia has today announced that it will roll-out its retail content management system for Italian gambling giant Lottomatica. The integration will see Lottomatica provide its betting shops and retail points with the first HD satellite channel to the Italian gaming market, offering Inspired Gaming virtual games and real-time feeds to betting and virtual …
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