Xanadu Consultancy, the holding company of online betting exchange Matchbook (Matchbook.com) has confirmed that Mark Brosnan has chosen to step down as Chief Executive. Brosnan’s decision will see Xanadu’s CFO Farzad Peyman fulfil CEO leadership duties on an interim basis. Moving forward Xanadu confirmed that Brosnan will continue to serve as a company director to support the firm in developing …
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The UK Gambling Commission’s (UKGC) research department has published new data revealing ‘no increase in the number of complaints’ related to illegal gambling websites during the national lockdown. Tracking data since 23 March, the UKGC stated that there has been no spike in complaints – with a total of 12 disputes related to nine websites in March, and a further …
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Betting adjudication services provider IBAS has revealed that April was its ‘second busiest month ever’, as punters used its alternative dispute services to make claims on historic wagers. A busy IBAS detailed that it had received significant requests from punters seeking information on how bookmakers should settle ‘season-long football bets’ following the abrupt postponement of 2020’s sports calendar. Acknowledging unique …
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Betway is gearing up for its biggest Spanish marketing commitment, after reportedly entering discussions to become the official shirt sponsor of Sevilla FC in time for the start of the 2020/2021 La Liga football season. Spanish football news source Palco23 has reported that Betway is leading the way to replace Marathonbet as lead sponsor of Sevilla, recognised as Andalucía’s biggest …
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GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …
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GentingBet has streamlined its sportsbook service after launching a new user interface across the brand’s web and mobile platforms. By revamping its sportsbook under the new brand headline ‘Betting Just Got Better’, mobile users will gain access to an ‘improved navigation system’, allowing players to identify new betting markets. Billy Cook, Head of Sportsbook, said: “We’ve been working on this …
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Parimatch Holdings has confirmed the promotion of Dmitry Sergeev to the newly created executive leadership position – CEO of Parimatch CIS Division. Sergeev, who has led Parimatch’s Russian unit since 2019, will be tasked with leading operations and growth strategy for the ‘Commonwealth of Independent States’ territories, encompassing – Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, …
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William Hill has reduced its ‘cashburn’ and further restructured terms on its debt bonds, as the company secures full financial flexibility navigating COVID-19 headwinds. Publishing both a Q1 trading update for the unaudited 17 weeks to 28 April 2020 as well as a COVID-19 update, William Hill revealed that retail closures, a drop in sports betting markets and international coronavirus …
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Sports betting innovation studio GTG Network (GTG) has secured a further tier-1 bookmaker client after confirming that Flutter Entertainment will deploy its ‘Skill Zone’ free-to-play (FTP) portfolio across its Paddy Power vertical. The agreement will see Flutter expand its sportsbook FTP content and player engagement capacity by implementing GTG’s Skill Zone inventory. The popular FTP titles are headlined by GTG’s …
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Altenar has launched the second version of its sports betting platform, which enables it to serve operators on a global level in a more efficient manner. The new platform was revealed as part of the ‘Naked truth about Altenar’ presentation at the inaugural SBC Digital Summit. The company’s CEO Stanislav Silin confirmed that it is not yet live with existing …
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