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Post merger strategy reaps rewards for GVC Holdings

Ahead of its Capital Markets Day, FTSE-listed online gambling group GVC Holdings Plc (GVC) has announced a strong start to its 2017 trading, reporting growth across its core metrics. Powered by the strong momentum of its sports betting assets which saw an average of daily wagering of €12 million, GVC would report a 13% year-on-year rise in Q1 2017 new ... Read More »

Victor Chandler starts East African adventure ‘Bet Lion’ with FSB Tech

Industry legend Victor Chandler is set to return to the business, launching new East African sports betting venture Bet Lion this coming August. Following a three-year hiatus, Chandler has partnered with betting platform provider FSB Tech to launch Bet Lion, a sportsbook which aims to be a market leader in Tanzania and Kenya. One of the biggest characters in sports ... Read More »

€11.8 million Westlotto settlement sees mybet governance up full-year EBIT & Cash targets

Updating investors, Frankfurt Xetra-listed online bookmaker mybet Holdings SE has informed that its Supervisory Board has granted the approval for the company to raise its year ‘target values for earnings before interest and taxes (EBIT) as well as the firm’s full-year cash position. The board’s decision follows this month’s notification that mybet has finally settled out-of—court its Westdeutsche ‘WestLotto’ Lotterie ... Read More »

GVC exits ‘unworkable’ Czech Republic market

FTSE-listed online gambling group GVC Holdings will not pursue operator licensing for the regulated Czech Republic online gambling market. Sending a communication to Czech affiliates and media partners, the operator has stated that following a review of market conditions it has concluded that current gaming laws are ‘incompatible with the principles of the European Union’. The operator had previously withdrawn ... Read More »

Spiffx signs UK distribution deal with Eclectic Media Network

Eclectic - Copyright: choneschones / 123RF Stock Photo

Spiffx has confirmed that technical work will start immediately on the integration of its consumer products on the Eclectic Media Network platform. The strategic UK distribution deal will see Spiffx, a Stockholm listed betting exchange, integrate its portfolio of ‘Sport Random Games’ including the recently launched B2B Take5 products. The mutual target is to have a number of operators launched ... Read More »

First to Market…PMU launches ‘Cash-Out’ for French Market via NYX OpenBet partnership

Pari Mutuel Urbain (PMU) has become the first French-licensed operator to integrate and service a ‘Cash-Out’ functionality in partnership with NYX Gaming sports betting subsidiary OpenBet. The bookmaker has launched the service through its deeper integration of OpenBet provisions, which has seen the betting platform provider upgrade its software services for the French state-owned operator. PMU marketing has supported the ... Read More »

Golden Race hits hard at G2E Asia in Macau

Golden Race

Golden Race proved a “big hit” with delegates at the 11th annual Global Gaming Expo Asia (G2E Asia), after presenting its new ONLINE platform in Macau (16-18 May). The virtual sports betting company recently launched its new designed virtual sportsbook, which has been carefully designed to be entirely familiar to real sports betting players. It can also be quickly integrated into ... Read More »

Newly reformed Sper becomes trade association for Swedish marketplace

As Sweden prepares to re-regulate its gambling market, allowing for newly licensed online betting operators, gaming ethics council Speletiska Rådet (Sper) has announced that it has reformed its body to become an industry trade association. Previously acting as a sector ethics council, Sper focused on implementing best practices and consumer protections for Swedish state-owned gaming enterprises. However, Sper CEO Jenny ... Read More »

Betfair – Labour hits lowest General Election price as market hits £6 million

The Labour Party has hit its shortest price of 15/1 since the snap call for a UK General Election (8 June). The opposition party makes its comeback as the latest YouGov election polls have the Conservative Party ahead by a 9-point lead. Betfair Politics maintains the Tory as 1/18 market favourite (94% chance of winning) to maintain its government. Updating ... Read More »

Industry first Facebook Messenger ChatBot for Paddy Power

ChatBot - Copyright: aimage / 123RF Stock Photo

Paddy Power has become the first bookmaker to offer ChatBot on Facebook Messenger, after going live with a new product provided by Onionsack. The industry-first ChatBot, powered by the Onionsack SaaS messaging platform, enables customers to login to their Paddy Power betting account, check balances and place wagers via Facebook. Once connected to the Paddy Power Facebook Messenger bot, customers ... Read More »