Tag Archives: bwin

EveryMatrix appoints former bwin CEO Norbert Teufelberger as new board Chairman

SBC News EveryMatrix appoints former bwin CEO Norbert Teufelberger as new board Chairman

EveryMatrix has completed a €4.3 million strategic investment round and appointed Norbert Teufelberger, former CEO of bwin, as its new Chairman. The company has widened its shareholder base by completing the private strategic investment round with Strawberry Capital, a large Norwegian fund owned by Petter Stordalen. In his new role as non-executive Chairman of the board, Teufelberger will assist with the …

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Enlarged GVC Holdings posts full-year 2016 profits of €93.8 million

SBC News Enlarged GVC Holdings posts full-year 2016 profits of €93.8 million

The governance of GVC Holdings (GVC), finishes its first year as a FTSE-listed enterprise declaring 2016 as a ‘transformative year’ for its business, in which the enlarged operator has successfully integrated the acquired assets of bwin.party Entertainment. Presenting its full-year 2016 results, GVC would declare combined ‘pro-forma’ group wagering of €4.5 billion. Its high wagering levels were driven by an enlarged …

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Bwin nets hattrick of La Liga betting sponsorships

SBC News Bwin nets hattrick of La Liga betting sponsorships

FTSE-listed GVC Holdings European online betting subsidiary Bwin has moved to aggressively expand its profile and coverage within the Spanish betting market targeting football marketing. In the past week, the bookmaker has announced three new betting sponsorships with La Liga football clubs’ Valencia CF, Sevilla FC and Atletico Madrid, three of Spain’s most high-profile clubs. Last week, Bwin marketing announced …

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bwin forms bespoke content partnership with the Press Association

SBC News bwin forms bespoke content partnership with the Press Association

International news publisher, the Press Association (PA) has been selected by European sports betting operator bwin (GVC Holdings subsidiary) as its news and content provider throughout its multiple product verticals. GVC management has approved PA journalist teams to provide exclusive content for its bwin sports betting asset. The content-led partnership aims to provide bwin with a further point of differentiation …

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Why Not? GVC linked to Ladbrokes Coral takeover

SBC News Why Not? GVC linked to Ladbrokes Coral takeover

The City of London has registered speculation that newly merged Ladbrokes Coral Plc is a potential takeover target of FTSE rival GVC Holdings. Last Friday the Financial Times reported that Ladbrokes Coral shares had gained circa 5% value on the speculation that GVC governance were considering an ambitious reverse takeover of the betting giant valued at a reported £3.2 billion …

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Yggdrasil ‘surges’ on new deals and business initiatives

SBC News Yggdrasil ‘surges’ on new deals and business initiatives

Casino game supplier Yggdrasil Gaming announced “surging” third-quarter revenues helped by the signing of landmark deals this year with the likes of bet365, BwinParty and Casumo. The Malta-based company saw revenues almost quadruple to SEK21m compared with SEK5.3m in the same period last year. EBITDA similarly soared, up to SEK9.2m from SEK1.9m in 2015. The number of player transactions on …

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UltraPlay expands management team with three new hires

SBC News UltraPlay expands management team with three new hires

UltraPlay, a market leader in eSports, has announced three new key hires in its management team to further develop the strategic and technical operations in the company. Metodi Zaburtov has been confirmed as the new Head of eSports Optimisation, after spending five years with Bwin as Live Betting Manager. Zaburtov, who was among the first to introduce live betting to …

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OnGame poker network reported to be closing down

SBC News OnGame poker network reported to be closing down

Online poker news sources are reporting that OnGame Network (OnGame), one of the industry’s oldest poker networks will close down this October. The poker network which has had multiple owners including bwin.party Entertainment and Amaya Inc, in recent years’ has suffered from declining active player numbers affecting its game liquidity. At its peak, Ongame was a leading European B2B poker …

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