Spanish Gaming Group – Codere, has issued a corporate statement declaring that the group would not make its debt interest payment due on Jan. 15 2015 on a several bond issues. Codere added that it was continuing debt restructuring negotiations with creditors to help the company maintain operations. According to news source Bloomberg, Codere have been granted an extended loan …
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Igaming provider of turnkey sports betting solutions, SBTech, has signed an exclusive deal with leading Mexican land based bookmaker Operadora General de Entretenimiento SA de CV which operates Ganabet.mx. Licensed and regulated in Mexico, Ganabet.mx will replace their entire legacy sport system with SBTech’s powerful turnkey platform. The new partnership will see SBTech provide Ganabet.mx full turnkey solution including its …
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Another expert panel hosted by IGB’s Micheal Caselli, panelists Alfonso Villar CEO of PlaySpace, Christ Wirght, Founder of GameAnalytics and Diego Millar Co-founder of Jampp shed insight into player lifetime values, acquisition costs and defining player performance metrics for social gambling products. The panel gives insight into performance and analysis of player value in social gaming regions of North America, …
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The bwin.party board have warned that 2013 year revenue would fall by up to 17 percent as senior management look to shrink its operations and concentrate on fewer markets and optimize it’s revenue streams. The igaming operator will now look to focus its operations in regulated markets and potential US regional markets, as the country looks to open legislation on …
Read More »TotelFootball providers of fantasy football games with real money prizes and rewards have announced an exclusive partnership to target the emerging Latin American igaming market with Ocho Gaming. Totelfootball will provide real money fantasy football games to Ocho Gaming Latin American brand JuegaOcho.com The partnership will see a branded JuegaOcho.com fantasy football games, where players will be allowed to select players …
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Despite Brazil’s ban on most forms of gambling, betting is a popular pastime amongst Brazilian football-fanatics. The estimated size of the un-licensed sports betting market is unknown, but exponential growth is anticipated during the World Cup in 2014 and the Olympic Games in 2016. With an intensified betting activity in an un-licensed and un-monitored environment comes a higher risk of …
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