Sportsbook

FTSE-listed online gambling group GVC Holdings has achieved growth across its verticals despite undertaking significant corporate adjustments in its takeover pursuit of Ladbrokes Coral Plc. Publishing its audited full-year 2017 results (period ending 31 December), GVC records a 17% increase in group net gaming revenues (NGR) of €925 million (FY2016: €794 million). For its 2017 trading, GVC highlights the continued …

Another state in the USA has introduced a new bill seeking the introduction of sports betting, ahead of the potentially landmark decision by the Supreme Court (SCOTUS) in the New Jersey v NCAA case. Put forward by Senator John J Bonacic, chairman of the Committee on Racing, Gaming and Wagering, bill S7900 would amend the current racing, pari-mutuel wagering and …

Issuing a market update, FTSE-listed online gambling group GVC Holdings has confirmed that it has secured the outright approval by the majority of its shareholders to acquire Ladbrokes Coral Plc. Holding an ‘extraordinary general meeting (EGM)’ this morning, the FTSE gambling firm’s investors have approved the takeover terms set out by GVC governance in its deal prospectus (published 9 February …

Presenting his first trading updating as Paddy Power Betfair (PPB) Group Chief Executive Peter Jackson has prioritised ‘returning growth to Paddy Power operations’. Updating investors on a successful full-year 2017 performance, in which PPB outperformed its market expectations, Jackson sets a high bar for PPB executives in 2018. Jackson praised PPB development teams for delivering the group’s combined platform system …

Multi-channel messaging platform OtherLevels has launched its innovative in-play messaging module with Sun Bets, significantly improving the operator’s engagement and scalability with bettors during live sporting events. It means the UK-facing sportsbook will now be able to dynamically deliver personalised, contextually-relevant messages promoting its latest in-play odds across the long-tail of all live sports and matches. OtherLevels’ in -play messaging …

Sky Bet and Heavyweight Sports has outlined ambitions to raise the profile of a nominated charity, ahead of Sky Bet’s sponsorship of the Supreme Novices’ Hurdle at next week’s Cheltenham Festival. This year’s high profile Sky Bet Supreme Novices Hurdle will see the UK’s most popular online bookmaker link up with the Injured Jockeys Fund (IJF). As Sky Bet not only offers …

Expanding its industry digital capabilities, services and dynamics, Nasdaq-listed Scientific Games Corporation (SGC) has announced its new SG Digital senior leadership team. As reported in its previous market updates, following its $630 million acquisition of Toronto TSX-listed NYX Gaming Group, the newly formed division will be led by Matt Davey as Group CEO & President of SG Digital. The division …

Toronto TSX-listed The Stars Group Inc has perhaps undertaken the industry’s boldest investment of 2018, expanding its global footprint within a drastically altered Australian online betting market. Yesterday Stars Group Chief Executive Rafi Ashkenazi confirmed that his firm would increase its recently acquired majority stake in CrownBet Holdings, from 62% to 80%. March 2018, has delivered a widespread change to …

Following this morning’s news that William Hill has sold its entire Australian business division to competitor CrownBet for AUS $300 million (€185 million), Toronto TSX-listed The Stars Group Inc has moved to strengthen its Australian position. Issuing a market update, Stars Group informs that it will move to increase its equity in CrownBet from 62% to 80%. On 27 February, …

SBTech has announced a partnership with Romanian bookmaker Get’s Bet, initially encompassing its online offering, with a roll out across its 500 retail outlets set to follow in the coming weeks. Utilising SBTech’s pre-match and live sports coverage, Get’s Bet are also to take advantage of a casino offering featuring a host of titles from developers and a range of …