Technology

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

Metric Gaming launches golf live price feed in time for The Masters

SBC News Metric Gaming launches golf live price feed in time for The Masters

Super live betting technology and services provider Metric Gaming has announced the  commercial launch of its pricing feed for the Masters golf tournament in Augusta, Georgia this Thursday, April 9, 2015. Starting with the Augusta Masters and for select future PGA Tour events, Metric will leverage its quant analytics-driven golf models and algorithms, coupled with the sophisticated handicapping expertise of seasoned traders (adjusting …

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Intertain Group completes acquisition of Gamesys operations

SBC News Intertain Group completes acquisition of Gamesys operations

Toronto listed Intertain Group has confirmed the completion of its £425 million acquisition of UK Gamesys operations. Intertain will inherit all Gamesys brands including leading online bingo and games operator Jackpotjoy and subsidiary brands Virgin Games, Botemania (Spain) and Starspins. In February Intertain had moved on its acquisition intentions for Gamesys, by putting forward a $650 million deal for all …

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GTECH & IGT begin trade as International Game Technology PLC

SBC News GTECH & IGT begin trade as International Game Technology PLC

GTECH SpA has today completed its $6.4 billion acquisition of Nevada based gambling technology provider International Game Technology (IGT) , finalising its nine month acquisition process. The acquisition hurdles will see GTECH and IGT operate under the corporation name International Game Technology. The merged company will begin trading its new share on the New York Stock Exchange later today. Last …

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PokerStars rollouts Sportsbook product in beta

SBC News PokerStars rollouts Sportsbook product in beta

Amaya Gaming subsidiary poker operator PokerStars has begun to rollout its sports betting product in beta mode, as the operator looks to launch it’s an integrated online betting service by April 2015. PokerStars has announced beta rollout on 31st of March The long awaited launch of PokerStars betting vertical is set to come with the release of the operator PokerStars …

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Playtech acquires 91% stake in TradeFX with €208 million cash offer

SBC News Playtech acquires 91% stake in TradeFX with €208 million cash offer

iGaming technology and software provider Playtech Plc has conditionally agreed to acquire a 91% stake in currency trading and binary options operator TradeFX Limited. The acquisition deal for TradeFX is potentially worth €458 million, as Playtech are prepared to make an initial cash payment of €208 million, combined with corporate performance related caveats valued at an additional €250 million. TradeFX …

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Betfair opens new development office in Cluj Romania

SBC News Betfair opens new development office in Cluj Romania

Betfair Chief Technical Officer Paul Cutter has unveiled the company’s new technical development offices in the Romanian city of Cluj. The Cluj development office will staff 330 Betfair employees and will become the operator’s largest technical development centre. Betfair Romania will be central to the operator’s plans on focusing on in-house product and operational development over third party supplier agreements. …

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GTECH clears all preconditions for IGT 7th April merger

SBC News GTECH clears all preconditions for IGT 7th April merger

GTECH SpA governance has announced that the company has cleared all preconditions for its merger with International Game Technology (IGT). GTECH will now be able to complete its merger with IGT operations, following its $6.4 billion acquisition which was first announced in July 2014. The merger of the two gambling technology companies is set to become effective on Tuesday 7 …

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Skrill completes acquisition of Ukash

SBC News Skrill completes acquisition of Ukash

Online payment provider Skrill Group today announces that it has completed its acquisition of  competitor Ukash.  The acquisition deal was first announced in November 2014 and will aim to extend the scale and reach of Skrill Group’s paysafecard, further enhancing its position in the European online payments market. The completion of it acquisition of Ukash operations comes after last month’s …

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Five start-ups selected to pitch at GiGse Launchpad

The five finalists have been unveiled for the highly anticipated GiGse Totally Gaming Start-Up LaunchPad competition, in partnership with GamCrowd. Leetcoin, Betzapp, Tapcentive, numberFire and L2W will take to the stage to pitch their concepts to GiGse attendees and an expert panel of judges who will test the candidates with a series of searching questions after their presentations. Leetcoin is …

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PokerStars powers Amaya Gaming’s 2014 corporate performance

SBC News PokerStars powers Amaya Gaming's 2014 corporate performance

Reporting on its first ever annual performance after acquiring poker operators PokerStars and Full Tilt from Rational Group, Amaya Gaming recorded increased corporate revenues of CAD $688 million up 371% from 2013 CAD $145 million (pre PokerStars & Full Tilt acquisition). The introduction of Rational Group poker operations to its services has seen Amaya record adjusted EBITDA earnings of CAD …

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