Tag Archives: israel

GiG ups code security oversight with Checkmarx

Gaming Innovation Group (GiG) has strengthened its systems testing and security oversight of technology applications after signing a comprehensive agreement with Checkmarx. Under the agreement, Checkmarx will provide GiG with stat application security testing (SAST) provisions, allowing the Stockholm-listed technology group to meet its client scale and build-quality demands. Checkmarx is recognised as one of the leading digital security testing …

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Israel Tax Authority and Aspire Global reach €13.7m settlement

Gaming solutions supplier Aspire Global has stated that the firm has reached a retroactive €13.7m settlement with the Israeli Tax Authority. This regards a previously disclosed tax audit “related to management and control jurisdiction, permanent establishment and transfer pricing among the group entities”. The group says that “the resolution brings an end to all related investigations into the company,” with Aspire agreeing to …

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Optimove expands real-time dynamics to help betting meet new marketing demands

Optimove has expanded its industry-centric capabilities focusing on enhancing operators real-time engagements and customer reporting functions. The supplier of digital marketing optimisation and customer retention tools has expanded its ‘Marketing Hub’ provisions specifically for sector stakeholders, who are now required to engage in ‘real-time campaign’ monitoring, decision making and compliance dynamics to meet the sector’s enhanced responsibility and sustainability agenda. “Realtime …

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Publishing focused XLMedia sells Webpals Mobile asset

The governance of London AIM-listed industry affiliate marketing publisher XLMedia Plc has confirmed the sale of Webpals Mobile, the firm’s app marketing subsidiary to Israel-based ad-tech and SaaS solutions provider PLYmedia. XLMedia governance has chosen not to disclose the terms of sale related to the transaction, detailing that company maintains its long-term strategy of focusing on ‘higher-margin publishing activities’. ‘Webpals …

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Video disruptor WSC Sports secures $23m funding round

Israel based WSC Sports an enterprise seeking to dominate sports video content and distribution through the development of its AI-powered platform, has announced that it has secured $23 million (€20 million) in Series C funding. The WSC Sports platform is able to analyse live match broadcasts, identifying event highlights that can be quickly customized into short-form video-clips enabling the fastest …

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Playtech reaches £25 million deal with Israeli tax authorities

Israeli - Copyright: tsyhun / 123RF Stock Photo

Playtech has agreed to pay Israeli authorities approximately £25 million following a civil tax audit assessing its activity in the country between 2008 and 2017. The gambling software company confirmed this morning that it had reached a settlement on 31 December 2018, after acknowledging that the Israeli tax authorities had made “transfer pricing adjustments in relation to certain functions”. The …

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Fair Play… WODuels launches seeking to become safest community for esports wagering

New esports platform World of Duels – WODuels.com is the latest incumbent attempting to crack competitive esports wagering. The Malta-based start-up, launches its proprietary platform focusing on duel/(head-2-head) contests/match-ups, detailing that it has created a safe and fair environment for esports players of all skill levels. “Players are matched based on their individual stats, ratings and feedback to ensure contests …

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Jackpot disruptor BlueRibbon secures first funding round from Velo & Ash

New industry incumbent BlueRibbon (bluerbn.com), has confirmed that it has completed a successful first funding round, securing investment to scale-up its tailored jackpot solutions. Updating the market, BlueRibbon details that it has secured an ‘undisclosed investment’ from industry venture capital firm Velo Partners and Chris Ash, the former founder of Ash Gaming Ltd which was sold to Playtech in 2011 …

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Betfair – Cyprus’ ‘fuego’ brings fire & fury to Eurovision 2018 trading

The final week of pre-event trading for Eurovision 2018 (Lisbon 12 May), has seen Betfair place Cyprus’ Eleni Foureira’s ‘Feugo’ as 11/10 market favourite to win the 63rd edition of the Pan-European song contest. Eleni Foureira’s ‘Feugo’ has flipped-the-script on Eurovision 2018 trading, as the Cypriot entry was 100/1, just ten days ago. However, Betfair details that Eurovision punters have …

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Israel government settles GBI Racing contract termination

Having implemented a federal ban on horseracing wagering, the government of Israel has settled its dispute with UK and Ireland racing content distributor GBI Racing. GBI Racing, the joint venture of broadcasters’ Racing UK and At The Races, will gain a compensation of 23 million Shekels (£4.9 million) for the termination of the contract with Israel Sports Betting Board (ISBB), …

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