Gibraltar industry trade association the ‘Gibraltar Betting & Gaming Association’ (GBGA) has moved to quell stakeholder concerns regarding the UK’s referendum decision to leave the European Union. The industry body which represents twenty Gibraltar-based European online betting operators, stated that governance of the British Overseas Territory remained ‘strongly committed’ in maintaining its present industry operations and framework. Following the UK’s …
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Scott Longley: Uneasy Future – Counting the cost of BREXIT
Last Thursday’s ‘BREXIT’ vote sent shockwaves throughout all global stock markets. Scott Longley details the impact of the ‘Leave’ vote on UK-listed betting firms’ and their operations. An industry that has undertaken recent multi-billion £ consolidation and M&A activity, betting governance will be weary of economic uncertainty and regulatory impacts to operational hubs in Gibraltar. __________________________ The leading UK-listed gambling …
Read More »Better Collective backs industry recovery from shock EU result
The UK’s EU referendum may have left the bookmaking industry scrambling for position, but Michal Kopec of Better Collective thinks that the industry will soon recover from the shock Brexit result. Michael, who is Senior Business Manager for the company, also commented on the plummeting British pound in the immediate aftermath of the result, and the effect on Gibraltar based operators, who …
Read More »Yggdrasil strengthens European operations by securing GLA B2B remote licence
Industry igaming content and games developer Yggdrasil Gaming (Yggdrasil) has strengthened its regulatory provisions by confirming that it has been awarded a Gibraltar B2B remote gambling licence by the ‘Gibraltar Licensing Authority’ (GLA) The GLA B2B remote licence will allow for Yggdrasil to offer its platform and software services to Gibraltar-based operators, extending the firm’s European client reach. Adding Gibraltar B2B …
Read More »Pariplay eyes commercial expansion with Gibraltar move
Updating the Industry, multi-product platform provider Pariplay Ltd has announced that it has relocated its head offices to Gibraltar from Douglas, Isle of Man. The decision to relocate follows the company’s approval of a Remote Gambling License by HM Government of Gibraltar, allowing the company to service European online gambling markets within the confines Gibraltar jurisdictions and regulatory policy Pariplay management …
Read More »Odobo shuts down business operations
Issuing an official statement on its website (www.odobo.com), Gibraltar-based igaming mobile platform and HTML5 games provider Odobo has confirmed that it has shut its operations. Founded by former bet365 Gaming Director Ashely Lang in 2011, Odobo aimed to become the leading casino mobile games distributor for regulated igaming markets. Odobo a +50 Gibraltar employer confirms its official closure stating that …
Read More »Yggdrasil Gaming to continue push into UK
Yggdrasil Gaming has further expansion plans for the UK to build on the slot developer’s strong start to 2016. The Swedish firm went live in the UK in Q1 and CEO Fredrik Elmqvist wants to see Yggdrasil’s games get a wider reach in the market. He commented: “We are already live with six operators in the UK and there will …
Read More »Gibraltar backs Remain as June EU Referendum approaches
The citizens of British overseas territory Gibraltar, are backing remaining in the European Union ahead of next month’s UK EU Referendum (23 June). The latest polls undertaken by various Gibraltar news sources, indicate that ‘The Rock’ is firmly committed to staying in the EU economic zone with results showing 85% of Gibraltarians wanting to remain (8% leave / 7% undecided). …
Read More »Catena Media acquires AskGamblers.com for €15 million
Stockholm Nasdaq-listed Catena Media has this morning announced that it has agreed to acquire online gambling review and player services portal AskGamblers.com (AskGamblers) for a total consideration of €15 million. Catena Media, who specialise in affiliate marketing and player acquisition services for the European igaming sector, completes its third strategic acquisition of 2016. Gibraltar-based AskGamblers is considered one of the …
Read More »BetVictor calls for Creative Pitch ahead of Euro 2016
UK marketing news source Campaign Live (CampaignLive.co.uk) has reported that Gibraltar based bookmaker BetVictor has called for a creative pitch, ahead of this summer’s UEFA Euro 2016 Championships. BetVictor marketing are reported to have sent creative briefs to select UK agencies with the first round of presentations expected to take place this February. Current Incumbent VCCP Media (London) have been …
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