An eagerly awaited Six Nations kicks off tomorrow in Paris, as Europe’s finest look to move past collective Rugby World Cup disappointment. Despite becoming the first host nation to fail at the group stage, Coral have confirmed that many punters are backing England to come good under Eddie Jones and restore some pride in the Red Rose. John Hill, a …
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Italian gambling operator Gruppo SNAI has confirmed the appointment of Chiaffredo Rinaudo as new Chief Financial Officer (CFO). Rinaudo takes the executive role as SNAI looks to complete its merger with licensed Italian market gambling technology and content provider Cogemat (deal first announced May 2015). Rinaudo had previously served as CFO of Cogemat holding company Cogetech As CFO of the combined …
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Toronto listed Amaya Inc has confirmed that it has paid €5.9 million (£4.3 million) as a final settlement to the Italian tax authorities. The settlement relates to subsidiary PokerStars ongoing tax dispute with Italian regulators, which had seen the firm investigated by the Guardia di Finanza (Italian Financial Police) in 2015. Italian gambling regulators had claimed that PokerStars had approximately …
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Italy’s ministry of finance and the national chamber of commerce have pushed through a series of amendments for the Italian gambling sector. The amendments set to be implemented in 2016, center on reforming gaming duties in order to improve industry commercial conditions. Italy will drop its controversial online betting turnover tax, set between 2-5% for and adopt a 22% charge …
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Bolstering its European operations, Sky Betting & Gaming (SB&G) has appointed Giovanna D’Esposito as Managing Director of Sky Bet Italia. Industry news source EGR Magazine reports that the former Paddy Power Italy MD, will be charged with establishing and leading SB&G products within the Italian market, as the firm looks to grow its operations outside of its core UK marketplace. …
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MRG Systems has given one of its most accessible products an overhaul and presented a new look solution for the display of customer data. The firm has revamped its DailyForm product, making it more cost effective while giving it a whole new look with additional features. MRG has almost turned the whole product on its head; switching the original DailyForm …
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The merger between Paddy Power and Betfair is all set to be completed early next year, according to Betfair CEO Breon Corcoran. During the exchange operator’s half year results, the company confirmed that all relevant regulatory filings have been submitted and the merger is on track for completion in Q1 2016, subject to shareholder and regulatory approval Betfair appears to …
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Bet365 was the standout bookmaker for bettingexpert.com’s community of tipsters during October. Of the 97,970 tips placed during the month, the Stoke-based bookmaker was selected as the preferred operator for a huge 19.1% of them, considerably higher than second placed Unibet which was selected 12.1% of the time. However Unibet was also far clear of third placed 188bet, which had …
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Vermantia, provider of gaming content for lotteries, gaming & betting operators worldwide, has extended its presence in the Italian betting market by announcing it has reached an agreement with the Italian sports betting operator SNAI. The content provider will distribute two live sports betting channels which will allow SNAI to offer live sports videos combined with supporting data and statistics to its customers. …
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Italian news sources are reporting that Lottomatica (IGT) has entered talks for the potential acquisition of Italian betting operator Sisal Italia. The merger of Lottomatica and Sisal, would create Italy’s biggest gambling operator in a deal rumoured to be in excess of £1 billion. The acquisition of Sisal, would see Lottomatica expand its presence within the Italian retail sector taking …
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