A £2m bill for the UK’s Point of Consumption Tax and an increase in marketing in Italy has put a dent in 32Red’s profits despite the online gaming firm’s improved underlying performance. The company has reported EBITDA of £1.2m for the first half of the year, compared to £2.3m in H1 2014, with profit before taxation plummeting to £100,000 from …
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Tipsters on the bettingexpert.com network have shown their expertise in Italian football over the weekend with an astonishing 25% yield on tips placed on Serie A football. The European tipping network, which offers predictions in 10 different languages, saw a bumper crop of football tips this weekend, with 8,263 across a vast number of competitions. While the English Premier League …
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Recent history has not been kind to Italian football, which this summer was rocked by football corruption charges. Faced with growing scepticism towards betting operators, BOF Italian market panel asses Italy’s current market conditions and how the industry can fight its current predicaments. Session Panel SBC Notes Quirino Mancini – Italian operators are well aware of public scepticism towards …
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888 Holdings has seen like for like revenue increased by 9% to US$244.9m for the first half of the year, helped in a small part by a strong performance in its fledgling sports betting business. Adjusted EBITDA at the firm decreased by 17% to US$40.9m, but the firm has billed this as an impressive result given the introduction of UK …
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Italian licensed sports betting operator Sisal Matchpoint has announced that it agreed terms to become the official betting partner of AS Roma for the upcoming Serie A season 2015/2016. The conformation of the betting partnership. comes just days before the start of the Serie A season, which kicks-off this Saturday 22 August with the Giallorossi (AS Roma nickname) taking on …
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Bwin is set to enter the Italian retail betting market having agreed a brand licensing agreement with Italian regulated gambling provisions supplier Obiettivo 2016. The partnership was presented to the Italian media in Rome, Obiettivo 2016 who will lead the brand agreement have targeted the Bwin to be active across 15% of the Italian retail betting sector. The Bwin brand …
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Gambling virtual content provider Vermantia, has announced that it has completed the ADM certification in compliance with Eurobet systems, Italian gaming and betting operator, for the provision of its full Virtual Games service and provisions. Eurobet will distribute Vermantia’s Virtual Games to its Retail network, as well as its Online and Mobile offering. The initial rollout will include Football, Greyhound …
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Igaming games and content provider NetEnt has signed a partnership agreement with gaming operator Gala Coral. Gala Coral is one of the largest European betting and gaming companies with a focus on the regulated markets in the UK and Italy. Today NetEnt announces yet another large customer partnership focusing on two of the key regulated markets in Europe, Italy and …
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32Red Plc governance is confident of hitting 2015 targets following a strong opening H1 2015 (period ending 30 June) performance which saw the operator improve performance on all top line metrics. Updating the market, 32Red saw its group Net Gaming Revenue (NGR) up 22% to £18.6 million (H1 2014: £15.2 million). Its flagship vertical 32Red casino contributed £17 million of …
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The ongoing Catania match fixing scandal has seen the start of the Serie B football season pushed back two weeks from 21 August to 5 September. The push back follows last month’s admission by Calcio Catania Owner/President Antonino Pulvirenti to fixing 5 Serie B matches in an attempt to prevent the Sicilian club from being relegated. Pulvirenti further admitted to …
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