Financial spread betting operator IG Group Plc has today announced that Tim Howkins is to step down and as its CEO and director following the company’s Annual General Meeting (AGM) scheduled for October.Peter Hetherington, a Board member since 2002 and currently Chief Operating Officer, will assume the role of Interim Chief Executive, subject to regulatory approval. The news of Howkins …
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GVC considers options regarding bwin.party bid
GVC Holdings is considering its options regarding its takeover bid for bwin.party Entertainment, after the FTSE listed operator announced last Friday that it had agreed a deal with acquisition competitor 888 Holdings. In a statement GVC governance commented that there was no certainty that it would make a fresh bid for bwin.party. GVC who had created a special purpose vehicle …
Read More »PokerStars eyes fantasy sports product launch ahead of new NFL season
PokerStars appears to be gearing up for the launch of its US daily fantasy sports (DFS) product in time for September’s start of a new NFL Season. Last week the Amaya Inc owned poker brand contacted former US players to participate in a DFS survey as it tried to gather market information. At present the operator has not outlined any …
Read More »Fantasy iTeam launches Mirror Fantasy Football iTeam app
Fantasy iTeam (FIT app) the market-leading fantasy football mobile app, has launched the Mirror Fantasy Football iTeam app for the upcoming 2015/16 Premier League and Champions League seasons. The app is free for players to download the app and create their iTeam where they can challenge their friends by setting up private leagues. Mobile users can also take part in head-to-head challenges, join …
Read More »eSports – Pro Gaming League acquires DK Squad
Since its launch in 2013 the Pro Gaming League (PGL) has fast become a major eSports organisation in North America. It offers a truly international platform on which gamers can come together to socialise and compete to win cash, points and prizes in their chosen games. PGL are celebrating after the recent announcement that they’ve acquired DK Squad, a mobile …
Read More »Ladbrokes Australia drops ‘QuickCall’ service
Ladbrokes Australia will no longer run its ‘QuickCall’ feature as pressure mounts on UK operators to withdraw in-play betting services following ongoing investigations from the Australian Communications & Media Authority (ACMA) and the Federal Police into breaches of gambling laws. Ladbrokes Australia, one of the three UK bookmakers (along with William Hill and bet365) to offer the controversial service has …
Read More »Marathonbet – Top of the kop with Liverpool FC betting partnership
Marathonbet has announced that it has become the official regional betting partner of Liverpool FC. The partnership represents Marathonbet’s biggest investment in UK marketing and promotion of its brand. The three year deal will see the Marathonbet brand promoted throughout Liverpool’s 45,500 capacity Anfield stadium. The bookmaker further confirmed that it would have access to club players and Liverpool legends …
Read More »Betsson announces record quarter performance as Magnus Silfverberg departs as CEO
European igaming group Betsson AB continues its year-on-year expansion recording its highest revenue quarter performance ever. Reporting on Q2 2015 revenues the operator recorded a 14 uplift to SEK 860 million (£64.5 million) up from Q2 2014 SEK 752 million. The Stockholm listed operator would announce growth on all core metrics, as the company recorded a net income of SEK …
Read More »Betway continues Talksport Bingham & Quinn partnership
Betway has confirmed its renewal its sponsorship of the Weekend Sports Breakfast show on talkSPORT. The deal sees Betway remain the official betting partner of the iconic programme hosted by Georgie Bingham and Micky Quinn until July 2016. On air Saturday and Sunday mornings from 7am to 11am, the show will feature Betway’s Alan Alger discussing the latest odds and will include a number of giveaways …
Read More »888 takes lead in the battle for £898.3m bwin.party
888 Holdings has trumped rival bidder GVC Holdings by agreeing a deal to buy fellow operator bwin.party for £898.3m. The deal was announced to the stock market this morning. It’s a huge achievement for the casino operator, given that before the announcement 888 had a market capitalisation of approximately £570.8m. 888 believes that the deal will provide significantly enhanced scale, …
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