Kindred Group Plc has launched a global recruitment drive to expand its trading capabilities, as the Stockholm-listed online gambling group prepares to take ‘end-to-end control’ of its sportsbook platform This February saw Kindred announce its biggest-ever technology directive, choosing to build its own proprietary sportsbook solution in order to reduce its reliance on third-party suppliers. Marked as a headline objective, …
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Gamesys has disclosed to The Evening Standard that it has agreed to take over the London headquarters of collapsed fashion retailer Arcadia Group – in a commitment to expand its UK workforce. The former LSE online gambling group, that has recently completed its £2 billion merger with NYSE gambling giant Bally’s Corporation, will aim to move into Colegrave House on …
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GambleAware cites continued progress on its objective of raising awareness of the National Gambling Treatment Service (NGTS), amongst the primary target audience of high-risk male gamblers – PGSI 8+. The gambling harm RET charity headline campaign has secured engagement amongst 74% of high-risk male gamblers in August 2021, and 79% amongst affected others. Positive feedback saw increasing numbers of high-risk …
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Caesars Entertainment Inc has completed the sale of its European and African casino properties to Metropolitan Gaming – a gambling investment firm owned by US private equity fund Silver Point Capital. The transaction will see Metropolitan Gaming take control of Caesars eleven casino properties located within the UK, Egypt, and South Africa. Metropolitan Gaming’s acquisition of Caesars UK properties, will …
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Kicking off a new year, GambleAware will launch the ‘next phase’ of its marketing strategy to promote the National Gambling Treatment Service. The gambling harm prevention charity will promote its ‘Start to Regain Control’ campaign during the first half of 2021, with the aim of raising awareness of the National Gambling Treatment Service among vulnerable audiences within the UK’s most ‘at-risk …
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The board of Playtech Plc has proposed to investors that the company transfers its tax residency and corporate controls back to the UK. The FTSE250 firm stated its intentions to relocate its corporate residency back to London from Douglas, Isle of Man, as part of its 2021 strategy. Should the directive be approved, Playtech will seek to migrate its tax …
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Issuing a corporate filing, the governance of FTSE250 GVC Holdings Plc has today disclosed that it has sanctioned the repricing and reallocation of its existing $786 million (€720m) first-lien term corporate debt bond. Updating investors, GVC details that it has undertaken the transaction to ‘simplify its corporate debt structure’, which will see the debt-bond placement transferred to its wholly-owned GVC …
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Issuing a corporate update the governance of FTSE250 GVC Holdings has disclosed that its shareholders have approved relocating the firm’s management control and tax residency to the firm’s London headquarters. The decision follows a vote sanctioned through ‘extraordinary general meeting’ (EGM) held in Gibraltar this week, in which the motion was approved by 99% of GVC investors. Since 2010, GVC …
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This week’s 6 of the Best comes from Paul Graham, Managing Director of Mark Jarvis. In the latest edition we discover which album is a timeless classic, what technology Paul Graham can’t live without and what sporting experience was the Best of British. Best Holiday Just after Christmas until early in the New Year we embarked on what we called the …
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For years, people have been breaking down sports mathematically based on the probabilities of various outcomes. It’s a popular topic amongst fans keen to discuss, engage and predict elements of their favourite sport. Thanks to technology, the ability for bookmakers to serve this interest by providing as many betting markets as possible has become a lot more efficient. As Artificial …
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