European online gambling group Mr Green has announced the appointment of former England Cricket Captain Michael Vaughan as its first ever ‘Sports Gent’ for sports betting subsidiary Mr Green Sports Betting. Confirming the appointment of Vaughan, one of England Cricket’s most successful captains, Mr Green seeks to further establish its presence within the ultra-competitive UK online sports betting market. Enda …
Read More »Sportsbook
Betfair Politics – Labour shortens odds, but all markets point to Tory victory on 8 June
With just ten days to go until the UK hits the 2017 General Election polling stations on 8 June, Betfair Politics reports that it has recorded £22 million traded across its ‘UK 2017’ Exchange betting markets. The Labour Party which started its campaign being given the longest ever opposition odds of a General Election victory at 18/1, is now priced at …
Read More »Centralised Paddy Power Betfair closes Gibraltar offices & operations
FTSE100 bookmaker Paddy Power Betfair (PPB) is set to close down its Gibraltar operations, as part of the firm’s ongoing post-merger transition. The enlarged enterprise has made its decision in order to realign its operations by centralizing its core business divisions. The shutdown of its Gibraltar office will see PPB surrender its Gibraltar Government online gambling licenses inventory. At present, …
Read More »AutoGameSYS wins MundiFortuna LATAM platform contract
Latin American online gambling group MundiFortuna has selected AutoGameSYS to be its lead supplier of platform and software provisions. Confirming the deal AutoGameSYS will supply MundiFortuna.com with a lead online sportsbook platform which will have an integrated online bingo room and full service casino including live dealer games. AutoGameSYS will further act as lead supplier for MundiFortuna’s future inventory including mobile …
Read More »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
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 »