Technology

Investment conglomerate Access Industries, publically announced its intention to buy outright sports media rights and data insights company Perform Group PLC.  Access Industries currently owns 42.5% of Perform Group, the conglomerate announced that it had made a “final cash offer” of 260p per share. The potential acquisition sees Perform Group valued at £702 million, Access Industries offer represents a shareholder …

The online sports betting industry has seen a rising concern with regards to product innovation offered by sports betting providers. With these concerns in mind, Team SBC spoke to Metric Gaming CEO Martin De Knijiff about the recently launched Metric Gaming SuperLive sports betting platform. SuperLive allows customers to wager on in-game events as they unfold in real time. Offering …

Having reported a revenue decrease of 7% in their H1 2014 interim results, bwin.party Chief Executive Norbert Teufelberger and company Chairman Philip Yea outlined key criteria for the operator’s recovery. The company directors pinpointed to a restructuring of bwin.party senior management, with a view to bring in fresh ideas and new approaches which will aid the operator in saturated markets. …

Sports media rights business Perform Group reported half yearly pre-tax losses of 4.18 million, increasing corporate losses from £2.6 million. Perform Group reported increased gross revenues of 118.8 million, up 29% on 2013 figures. The company posted adjusted EBITDA of £15.6 million. Senior management commented that the rise in revenues had been driven by strong display advertising sales during the …

Eilon Arad of BetcoinTech, one of the sponsors of the SBC Asia/Asia Gaming Brief Monsoon Meetup in Manilla on 4 September, explains what bitcoin can do for gambling operators. Why should operators consider adding bitcoin? Bitcoin is the perfect solution for the online gambling industry. Bitcoin is the biggest and most popular cryptocurrency which is best described as an encrypted …

Finland’s national gaming operator has launched today with Playtech’s cutting-edge live casino solution located in its own purpose-built studio within its Espoo headquarters and featuring a new presenter concept. RAY (Raha-Automaattiyhdistys – Slot Machine Association Finland) has further extended its existing long-term relationship with Playtech and launched unlimited Blackjack, Blackjack and Roulette tables. The initial launch includes Playtech web version …

Igaming software supplier Playtech reported a strong opening  half to 2014, with revenues up 21% to €214.4 million (£171 million). The software supplier reported further good news, with adjusted EBITDA up 28% year on year to €98 million (£77.9 million) The strong financial performance by the software and igaming services supplier, will see them pay a special dividend of £100m. …

Las Vegas based sports betting operator Affinity Gaming have announced the appointment of  Michael Silberling as Chief Executive Officer. Michael Silberling,  succeeds David Ross, effective immediately, has also been named a member of the Board of Directors ). Mr. Silberling joins Affinity from a senior leadership position at Caesars Entertainment Corporation, formerly known as Harrah’s Entertainment Inc., with more than …

SG Gaming, a division of Scientific Games Corporation (Nasdaq: SGMS), has completed the rollout of its new Clarity® cabinet to the Ladbrokes estate. The Clarity® cabinet was installed in all 2,228 Licensed Betting Offices in Ladbrokes’ estate and is a key element in the Ladbrokes 2014 strategy for maintaining a strong offer within the sector. The provision of SG Gaming’s …

Betfair chooses London based Sphonic’s innovative Identity & Risk Management solution, designed ‘to solve industry-wide challenges in digital identity management and fraud prevention. Sphonic’s Workflow Manager (WFM) solution from Sphonic will enable Betfair to build a complete digital picture of each of its customers, allowing them to combine data from a variety of sources for unparalleled visibility over their user …