Technology

Betfair has announced the launch its special Betfair Predicts app, which will aim to show how the Betfair Exchange  is monitoring the UK 2015 General Election. The app has been developed and designed by Betfair partner technology development firm Grand Parade. Betfair’s Exchange has a track record of calling political outcomes correctly; most recently calling a “No” vote at the …

Virtual games specialist Kiron Interactive has been granted a remote supplier’s licence by the UK Gambling Commission. The licence will allow Kiron to provide its games to UK operators following recent regulation requiring them to source their platforms and products from licensed suppliers only. Steven Spartinos, co-CEO of Kiron Interactive, commented on the approval: “We’re delighted to secure this as it …

Industry news source EGR Magazine has reported that Betfair Sports Betting Operations Director Nick Hagen has departed the operator. Hagen had been overseeing the development and strategy of Betfair’s sportsbook and trading operations for three years, playing an instrumental part on the successful launch of the operator’s fixed odds sportsbook product. Hagan worked between the operators London and Dublin offices, …

Paddy Power Australian sports betting subsidiary Sportsbet.com.au has agreed terms to stream Racing Victoria thoroughbred races on its digital verticals. The streaming partnership between the two parties follows that closure of Australia’s Racing Network, which left Victoria state tracks without a broadcasting partner. The Paddy Power sports betting brand will be allowed to stream live races from all Victorian Metropolitan …

Stockholm based casino and games content provider Quickspin has announced that it has entered a strategic partnership with igaming platform and provisions supplier Relax Gaming. The partnership will see Relax Gaming build a casino platform for Quickspin content, allowing for direct integration of Quickspin igaming titles to multiple operators in different jurisdictions through the suppliers remote gaming servers. Relax Gaming …

Online Casino and bingo operator Gamesys has agreed terms with casino and games content provider NetEnt (Net Entertainment) to host popular games titles on Gamesys’ B2C network. NetEnt management confirmed that the licensing agreement had been agreed between the two parties, thus extending the games content providers presence within the UK online casino and bingo markets. Popular NetEnt titles will …

Sports wagering software and services specialist Metric Gaming LLC has been granted a remote operating license by the UK Gambling Commission, allowing Metric to continue providing its live betting  wagering software, products and services to the UK market. Metric’s license application was filed in response to the UK’s revised regulatory regime, requiring all gaming operators and software providers servicing the UK market …

UK business news sources have reported that London listed payments provider Optimal Payments is preparing a bid to buy competitor Skrill for reported €1.1 billion (estimated £810 million). Optimal Payments, which operates igaming payment services specialist Neteller, is looking to acquire Skrill in order to expand its digital services offering and certify its leading position within the high transaction online …

Private Equity firm HgCapital the owners of sports spread betting company Sporting Index Group, have reached an agreement for the sale of the business to an undisclosed private strategic investor. The acquisition of Sporting Index is required to pass regulatory approval before being finalised, as yet  the terms of the acquisition have not been disclosed by the participating parties. The …

Longitude LLC, the inventor and distributor of the Longitude Enhanced Pari-Mutuel System, has announced that it had reached the important milestone of US$1 Billion in customer wagers calculated using the patented Longitude software. Deployed for the calculation of odds on both horse racing and sports, Longitude allows operators that license its software an unprecedented degree of flexibility in the delivery …