Technology

The latest technology news for the gambling industry, sponsored by Finnplay

NetEnt enters retail games content partnership with William Hill

SBC News NetEnt enters retail games content partnership with William Hill

Gambling content developer Net Entertainment (NetEnt) has entered a retail  games supply with William Hill to supply games content throughout the operators UK retail network. After a successful integration process, these games will now be made available in shops around the UK, with the first of these titles to be launched gradually over the next few weeks. Per Eriksson, President …

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Staff training the key for successful betting shop

SBC News Staff training the key for successful betting shop

Independent bookmaker Howard Chisholm believes that staff training is one of the most important parts of the business these days. In an interview in this month’s Betting Business interactive, Chisholm revealed that the constant evolution of the betting shop environment means that staff need to be kept up to speed. Director of North East betting chain Chisholm Bookmakers, Chisholm explained: …

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DraftDay daily fantasy sports to be operated by Sportech Digital

SBC News DraftDay daily fantasy sports to be operated by Sportech Digital

Technology investment fund MGT Capital Investments (MGT) has confirmed the sale of daily fantasy sports operator DraftDay to newly formed business Random Outcome USA for a deal value of approximately $7 million. DraftDay, who are currently the third biggest US daily fantasy sports operator will be sold to its new venture owners, for $4 million cash and a further $3 …

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ALC faces criticism over Geonomics $8.7 million investment

SBC News ALC faces criticism over Geonomics $8.7 million investment

The Atlantic Lottery Corporation (ALC), the lottery operator of four Canadian provinces (Nova Scotia, Brunswick, Newfoundland & Prince Edward Island) has been criticised by Canadian politicians and media regarding its $8.7 million investment in UK lottery start-up Geonomics. This week ALC governance had announced that it would write down its investment in Geonomics following the company’s failure to progress UK …

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China state owned Tsinghua Unigroup invests $124 million in 500.com

SBC News China state owned Tsinghua Unigroup invests $124 million in 500.com

Chinese state-owned fund Tsinghua Unigroup International is reported to have invested $124 million (£80 million) for a 15.2% stake in New York listed Chinese sports lottery operator 500.com, through a purchase of newly distributed shares. Business news sources have reported that Tsinghua will acquire a total of 63.5 million shares in 500.com. The news of the stake purchase by Tsinghua …

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Plus500 reactivates 20% of client base

Financial trading operator Plus500, the company which is currently a £460 million takeover target of leading igaming technology provider Playtech has proceeded to reactivate customer accounts. Plus500 sees itself at the centre of an anti-money laundering investigation by the UK Financial Conduct Authority (FCA). The regulator has halted Plus500’s abilities to trade and service transactions, which has seen the company’s share …

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Wikibetting expands Offsidegaming betting portfolio

SBC News Wikibetting expands Offsidegaming betting portfolio

Following an active start to 2015 which saw a successful product launch at ICE in February, Wikibetting will be adding several brands from the Offsidegaming platform to their Peer to Peer Social betting partnerships. Offsidegaming launched in 2008, and have formed a large global network of set ups: from online betting companies in Latin America, to betting terminals in Africa and Eastern …

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Plus500’s largest shareholder Odey AM slams Playtech acquisition offer

SBC News Plus500's largest shareholder Odey AM slams Playtech acquisition offer

Hedge fund Odey Asset Management (Odey AM), the largest shareholder in Playtech takeover target Plus500 is set to oppose the £460 million takeover bid put forward by the igaming technology provider last week. Odey AM has slammed the offer made by Playtech, labelling the bid as “opportunistic”, since it exploits Plus500’s current UK trading difficulties. Odey  further noted that Playtech …

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Guts.com migrates to in-house developed platform

SBC News Guts.com migrates to in-house developed platform

European igaming and sports betting operator Guts.com has confirmed that it has ended its platform services partnership with igaming technology provider EveryMatrix. The operator confirmed that it successfully migrated its product range to its parent company developed Gaming Innovation Group’s iGaming Cloud Platform on 1 June. Guts.com will continue to utilise EveryMatrix’s price feed solution OddsMatrix. The platform migration follows …

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ALC writes down venture investment in Geonomics UK

SBC News ALC writes down venture investment in Geonomics UK

The Atlantic Lottery Corporation (ALC) has announced that it will write down its $8.7 million capital investment in UK lottery games operator Geonomics. ALC confirmed that following a review of its investment in Geonomics, the operating firm of UK based location lottery game GeoLotto, the company had clearly failed to deliver on its projected growth. ALC governance had determined that …

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