Tag Archives: Canaccord Genuity.

Scott Longley – William Hill chief: ‘Drop TV ads’

William Hill - Copyright: micchaelpuche / 123RF Stock Photo

Philip Bowcock, chief executive at William Hill, suggests that his company has the brand presence to withstand the loss of TV advertising, writes Scott Longley. _________________________ Philip Bowcock, chief executive of William Hill, said he personally would like to see the gambling industry reined in when it comes to TV advertising and suggested his company would benefit from the general …

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Are you experiential? Future-casting for retail betting…

The major high-street bookmakers are facing up to the challenge of how to re-invent retail betting in the face of increasing channel shift and the potential fall of machine revenues…. ____________________ As benefits the current limbo afflicting the UK betting shop sector, the first-quarter trading statements from Ladbrokes Coral and William Hill presented a mixed picture of the health of …

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Betting on Football shows how to follow the leaders

Leaders PR - #bofcon2017

For high level sports betting staff looking for a crash course in leadership, SBC Events has lined up an eight-panel agenda on the first day of Betting on Football 2017, covering key industry topics such as self-regulation, match-fixing, investment, market consolidation, new brands in football betting and affiliate leaders. The Leadership Track is one of four main tracks across the …

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Playtech targets €50 million in share buyback programme

FTSE-listed gambling technology provider Playtech Plc has today informed investors that it plans to issue a 6 million ordinary share buyback programme, representing approximately 1.85% of the company’s equity. The share sale is valued at circa €50 million and will be conducted by investment bank Canaccord Genuity in accordance with FTSE rules. Confirming its planned buyback programme Playtech stated that …

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NYX Gaming takes Chartwell and Cryptologic businesses for £80m

NYX Gaming Group has snapped up the Chartwell Technology and Cryptologic businesses from Amaya via a share purchase agreement valued at CA$150,000,000 (£80.8m). The transaction is anticipated to close before the end of the third quarter of 2015 and is subject to financing and other customary closing conditions. Amaya said that the sale is consistent with its previously announced plan …

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Amaya maintains innocence over insider trading investigation

Amaya has reiterated that it believes the company has done nothing wrong after a Quebec court’s decision to lift the publication ban on the redacted warrant and supporting affidavit for the search of various entities, including Amaya, in mid-December 2014 by Quebec’s securities regulator AMF. The searches were related to the AMF’s investigation into trading in Amaya securities leading up …

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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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