CIS online gambling group Parimatch, has become the first operator to fully validate its Ukraine online gambling services, having secured licencing approval for online casino, sports betting and poker. Yesterday, Parimatch communicated that it had completed its full Ukraine licensing provisions, becoming the first operator to obtain a sports betting licence validated by the newly established Commission for Regulation of …
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Jason Ader: Mattingley must awaken Playtech’s US future
Brian Mattingley’s appointment as the new company chairman of Playtech Plc has been welcomed by company investor Jason Ader and his asset management company SpringOwl. Though the appointment was branded as conservative in some quarters with Mattingley due to finish his 15-year CEO and Chairmanship tenure at 888 Holdings, Ader believes that Mattingley will play a critical role in Playtech’s …
Read More »BtoBet to power Soloti Gaming’s Frapapa brand
BtoBet has outlined plans to deliver a ‘next-level betting experience’ within the Nigerian sports betting market after partnering with Soloti Gaming Ltd to power its Frapapa brand. Through the agreement, BtoBet’s Neuron 3 platform will be used to enhance Frapapa’s retail and digital network. Sabrina Soldà, BtoBet’s Chief Marketing Officer, said: “We are pleased to work closely with Soloti Gaming …
Read More »International expansion assists Entain with COVID-19 comeback
Entain Plc has swung back into the black with the group’s expansion into regulated markets along with its pivot towards online betting offsetting the impact that COVID-19 has had retail operations. Publishing its full-year results for the period January – December 2020, Entain declared revenues of £3.56 billion, a ‘flat’ change from the £3.57 billion recorded in 2019. Underlying EBITDA …
Read More »KSA publishes licensing trademark for Dutch online gambling
Kansspelautoriteit (KSA), the Netherlands gambling regulatory authority, has revealed its ‘licensed trademark’ that operators must display across their digital portfolios as a duty of the ‘Remote Gambling Act’ (KOA Act). At present, KSA maintains its rescheduled timetable for the implementation of the KOA Act regime, with the regulatory agency launching Dutch online gambling’s licensing window on 1 April. Approved KOA …
Read More »Playtech appoints Brian Mattingley as inbound chairman
Playtech Plc has announced Brian Mattingley as its new company chairman, bringing its near two year search for a successor to Alan Jackson to a close. Mattingley, who is in the final days of his 15 year tenure as Executive Chairman of 888 Holdings, has agreed to join FTSE250 Playtech. Mattingley is due to leave 888 this May, having announced …
Read More »Kambi strengthens Belgian market position via Napoleon extension
Kambi Group has enhanced its position in the Belgian gambling and sports betting market via a multi-year extension of its partnership with Napoleon Sports & Casino. As a result of the extension, the sportsbook services developer will provide Napoleon with support such as instant betting offers, bonus tool box capabilities and differentiation levers across player-facing elements including front-end and odds. …
Read More »Flutter bulks up for global dominance as TSG merger objectives are achieved
Flutter Entertainment Plc has exceeded 2020 corporate objectives by demonstrating its ‘unparalleled scale and diversification’ after completing the first year of its transformative merger with The Stars Group Inc (TSG). Publishing its 2020 preliminary results, the FTSE100 group doubled its corporate revenues to £4.4 billion (FY2019: £2.1bn) which Flutter stated is a reflection of its successful incorporation of TSG assets …
Read More »Betfair severs ties with Gordon Elliott due to controversial photo
Online gambling operator Betfair has severed its connections with Gordon Elliott, after an image of the renowned Irish racing trainer sitting on a dead horse circulated on Twitter. The picture of the trainer sat on the horse, which allegedly died of a heart attack, is reported to be some years old, and first surfaced on social media on Saturday. Despite …
Read More »UK Gambling PLCs take centre stage on Budget week
UK gambling will be at the forefront of global business headlines and further M&A speculation this week as its ‘big-three’ PLCs declare their end-of-year results having navigated the events of an unprecedented 2020. Opening the FTSE bell on Tuesday 2 February, Flutter Entertainment will publish its 2020 financial results, with City and Wall Street eyes eager to gauge the …
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