Sportsbook

Luckia points to a ‘cautious approach’ for Portuguese market entry

Spanish gambling group Luckia (Grupo Egasa) has confirmed that it will expand its commercial operations within Portugal, having been granted a license to operate sports betting and gambling provisions by Portuguese authorities. Closing its 2017 accounts, in which the Galician operator recorded group revenues €500 million, Luckia governance states that ‘Portugal will be the firm’s next new market destination’. However, …

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Nigel Eccles sues Paddy Power Betfair for ‘purposely undervaluing’ FanDuel

US Tech news source Recode has reported that FanDuel enterprise co-founder Nigel Eccles (former CEO) is preparing to take Paddy Power Betfair (PPB) to court, regarding its $465 million takeover of FanDuel completed in July 2018. Eccles representatives have filed a Scottish court order against PPB, representing four of FanDuel’s enterprise co-founders; Nigel Eccles, wife Lesley Eccles (former CMO), Tom …

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EveryMatrix continues growth with Maltese base

Accommodating its future commercial growth strategy, industry platform and technology services provider  EveryMatrix has unveiled the development of its new office in Malta. EveryMatrix’s Maltese expansion has been led by new Chief Commercial Officer (CCO) Ian Freeman who joined the company in H1 2018 from competitor Kambi Group Plc. Securing a new single-point location for EveryMatrix commercial operations, Freeman will be …

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Troubled mybet Holdings files for insolvency proceedings

The governance of Frankfurt Xetra-listed betting group mybet Holdings SE has today issued a corporate update informing investors that it has filed for ‘open insolvency proceedings’. The insolvency update follows mybet governance failure to sell the business to an undisclosed investor, as previously reported in July 2018. This Friday, governance will file its insolvency application for three syndicated companies, of …

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The Stars Group eyes all possibilities to maximise US growth

Having outlined that he was “very pleased” with The Stars Group interim performance, Group CEO Rafi Ashkenazi, states that he is open to further partnerships when it comes to capitalising on US expansion. Pending CMA approval, The Stars Group is on the brink of completing its $4.7 billion acquisition of Sky Bet, a transaction that will significantly strengthen its sports betting capabilities, …

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GiG confident of 2018 targets as company strengthens commercial & product pipelines

Oslo-listed online gambling firm Gaming Innovation Group (GiG) is confident of achieving its full year 2018 expectations, as the company reports strong interim results, driven by growth across its B2C and B2B verticals Year-to-date, GiG has recorded corporate revenues of €74 million (H1 2017: €50 million), as the gambling group continues to strengthen its commercial pipeline combining organic and acquired …

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Stars Group revises guidance & accounting to reflect its enlarged identity

Toronto TSX-listed The Stars Group Inc has published its unaudited Q2 2018 results, and further revises its full-year corporate guidance, to reflect its new business entity having undertaken a series of transformative acquisitions. Updating the market, the Stars Group reports consolidated group revenues of $410 million up 29% on corresponding Q2 2017’s $305 million as the company reports growth across its …

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DraftKings gets New Jersey check-up with Sir Charles Barkley

US daily fantasy sports operator DraftKings has launched its first sportsbook-centric advertising campaign ‘Dr.AftKings’ featuring NBA legend ‘Sir Charles’ Barkley. Promoting its New Jersey licensed sportsbook app, DraftKings introduces the character of ‘Dr.AftKings’ who diagnosis Sir Charles with a number of ‘sports-related disorders’. DraftKings new campaign has been co-developed by New York-based creative agency Deutsch and seeks to introduce the …

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BETR readies itself for start of new football season

Following the successful launch of BETR’s platform for the World Cup, the firm has now delivered markets and odds for the start of the major football leagues, including the English Premier League, kicking off this weekend.   BETR apps, available for Android and web with an IOS application pending, have been updated, with better functionality and a more user-friendly experience, especially for …

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Betfred ready for ‘The Agony…The Ecstasy’ of new EPL season with Zut Media

Betfred launches its ‘The Agony…The Ecstasy’ multi-media marketing campaign ahead of the start of the new English Premier League season (10 August 2018). The campaign has been developed by Liverpool-based creative marketing agency Zut Media and seeks to capture punters emotions for the start of a new football season. Betfred’s ‘The Agony…The Ecstasy’ has been launched across TV, radio and …

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