Intralot SPA has secured a major commercial objective, announcing that La Marocaine Des Jeux et des Sports (MDJS) will extend its technology contract for a further two years. MDJS serves as Morocco’s exclusive operator of lottery, instant-win, and sportsbook services as appointed by the Dahir (Kingdom’s decree). Intralot has operated as MDJS’s principal technology supplier since the company was formed …
Read More »
Grupo CIRSA is set to refinance its business, by issuing a bond sale of new senior secured notes in the Blackstone-owned Spanish heritage gambling group. Last week, CIRSA notified markets that it was aiming to raise a target of €650m in funding through its new bond placement. The new debt will consist of fixed rate and floating-rate bonds set to …
Read More »
Flutter Entertainment has announced that it will unify its Italian gambling operations into the single ‘legal entity’ of Sisal Italia SPA. The reorganisation will involve the merger of the Italian gambling group’s Superenalotto lottery business with the online gaming subsidiary of Sisal Entertainment. The merger is necessary for Flutter to streamline and strengthen its position within the Italian gambling market …
Read More »
Grupo CIRSA has lauded its 2022 financial recovery as all core business units “return and outperform pre-COVID 2019 trading”. Full-year 2022 results saw the Blackstone-owned Spanish gambling group declare an operating profit of €552m, up 66% on the corresponding FY2021 result of €331m. Headline growth was attributed to CIRSA units achieving a combined peak operating income of €1.74bn, ahead by …
Read More »
Blackstone-owned Grupo CIRSA has expanded its presence within North Africa, announcing that it has become the exclusive operator of the Tangier Casino in Morocco. The deal, agreed with the municipality of Tanger-Tetouan, will see CIRSA take over the management of the Tangier Casino (Casino de Tanger) – a 2,000 m2 hotel and casino complex. CIRSA has an established presence in …
Read More »
La Marocaine des Jeux et des Sports (MDJS) – Morocco’s state-owned lottery operator, has published an updated procurement notice for bids to participate in its tender to manage its lottery, sports betting and gaming activities. This January, MDJS alerted global lottery stakeholders that it would launch an international tender to find a new operating partner for its flagship LOTO Maroc …
Read More »
Spanish news source eldiario.es has reported that FTSE250 gambling technology group Playtech Plc has formed a subsidiary unit within Spain’s autonomous city of Ceuta. Playtech the leading technology and systems supplier of tier-1 European gambling firms, is reported to have filed ‘Playtech Services Ceuta Sociedad Limitada’ with Ceuta’s business registry, disclosed by the city’s regulatory bulletin. As yet it remains …
Read More »
The executive of Melilla has announced a major coup as Bolsa Madrid gambling group Codere SA, has confirmed that it will transfer its online betting division Codere Apuestas to the Spanish autonomous city, which seeks to become a new strategic hub for the European online gambling industry. Codere Apuestas becomes the first online betting firm to migrate strategic units to …
Read More »
In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Today’s entry from Endre Nesset, Director of Sports at Gaming Innovation Group, delves into the history of numerous World Cup’s of yesteryear, …
Read More »
Whilst the footballing world is heavily focused on Russia 2018, in less than one week FIFA will congregate on Moscow to announce the destination of the 2026 World Cup. Football’s governing body will decide whether the joint bid by the USA, Mexico and Canada is successful or whether the tournament is heading to the North African region of Morocco for …
Read More »
SBC News Voice of the Sports Betting Industry