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As New UK Prime Minister Theresa May officially announced her first cabinet, UK news sources and political commentators have been surprised at the PM’s top four picks. Labelling May’s senior appointments as the ‘Gang of Four’, the PM would announce Philip Hammond as Chancellor of the Exchequer, supported by Boris Johnson as Foreign Secretary with Amber Rudd securing Home Secretary. …

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 …

A Betting on Sports conference speaker (15-16 September), Pinnacle Marketing Director Harry Lang details to SBCNews the changing dynamics of marketing leadership amid new industry values focusing on data, knowledge-sharing and intelligence. Lang tells SBCNews, that the future industry marketing winners will ultimately test industry legacy values in what is now a more accountable marketplace… __________________________ SBC: Harry, great to catch …

GVC Holdings (GVC) this morning published its half-year trading results (period ending 30 June), detailing a strong H1 performance for both GVC and acquired bwin.party brands which achieved double-digit growth on a constant currency basis. Updating the market, GVC detailed that pro-forma Net Gaming Revenues (NGR) had reached €439 million, up 8% (H1-2015: €407 million). Detailing individual brand performance, GVC …

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 …

As the Ladbrokes-Coral merger enters its twelfth month since its initial deal agreement , the new enterprise was dealt a blow as the British Horseracing Authority (BHA) raised its racing industry concerns to the UK Competition and Markets Authority (CMA). Scott Longley details a new conflict in one of the UK gamblings longest running sagas.    ____________________ The BHA would …

The Euro 2016 final is nearly upon us, as France prepare to take on Portugal in Paris. SBC News has been keeping an eye on the best offers throughout the tournament, as bookmakers across Europe have implemented marketing strategies to acquire and retain the most customers. SBC has conducted interviews with Oddschecker, Square in the Air and BetVictor as part of our …

An article has already been published by SBC News about the latest gambling industry statistics, recently published by the Gambling Commission and covering the period April 2011 to March 2015 (but updated to include October 2014 to September 2015); (see http://www.sbcnews.co.uk/retail/2016/07/04/gambling-commission-reveals) However, I am going to drill down a bit deeper into those figures with a particular focus on the …

bettingexpert, Europe’s biggest sports betting player portal has revealed that just 1 in 100 football fans had predicted Wales’ incredible Euro 2016 journey. Analysing data from almost 30,000 football fans who entered its ‘bettingexpert Euro 2016 Predictor’ game ahead of the tournament start date (10 June), bettingexpert revealed that just 366 (1.32%) believed Wales could make it to the semi-final …

BetITBest CEO Nico Jansen, who is speaking at this week’s World GES in Barcelona, reflects on the advantages of a strong Germany squad at Euro 2016 for his business. How has business been during the Euros? Is Germany’s progression good for BetITBest? In terms of our traffic, which mostly comes from Germany, the progression of the German team is quite good …