Tag Archives: MRG Group

Mr Green makes Spanish debut with DGOJ licence

William Hill’s pan-European igaming subsidiary Mr Green has secured its Spanish market entry after receiving a licence from the Directorate General for the Regulation of Gambling (DGOJ). The new market entry will strengthen William Hill’s presence within the Spanish market by building upon the bookmaker’s multi-brand strategy to deliver online gaming and casino content. The FTSE betting group has maintained …

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William Hill closes Stockholm Gametek office

William Hill Plc has begun the phased closure of its ‘Gametek Office’ in Stockholm, a decision the FTSE betting group has undertaken to simplify its operating structures. Issuing a statement to SBC, William Hill brands its Stockholm office closure as ‘a natural step’ in the firm’s integration of MRG Group assets within its wider organisation. William Hill will move to …

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LeoVegas puts forward Per Norman to lead new-look board 

LeoVegas AB has confirmed that it will propose a number of corporate changes at the firm’s upcoming Annual General Meeting (AGM), scheduled for Friday 8 May 2020. This morning, LeoVegas published the firm’s 2020 AGM agenda, which included a number of significant boardroom level appointments.     Top of the agenda, LeoVegas’ Nominations Committee will propose to corporate shareholders the appointment of …

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Mr Green demands UK Casino publishers stop advertising

Mr Green, the online casino property of William Hill Plc, has issued an ‘urgent request’ to its UK affiliate marketing publishers demanding that all active advertising be stopped with immediate effect. The online casino brand cites ‘recent changes in compliance’ for its urgent demand requesting partner publishers to terminate all advertising inventory related to Mr Green casino, its promotions and …

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William Hill closes year of tough calls recording £700m losses

Changing UK gambling dynamics see FTSE250 bookmaker William Hill Plc report operating losses of £721 million, closing its full-year 2018 accounts. In its end-of-year statement, the betting group accounts for combined exceptional costs totalling £922 million. These include the ‘one-off’ £880 million retail impairment charge, confirmed during Q3 2018 trading, following the UK government’s ‘Triennial Review’ judgement lowering FOBTs stakes to a …

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Dutch KSA increases illegal online gambling fines as part of policy review

Dutch regulator Kansspelautoriteit (KSA) has upped its minimum illegal online gambling sanctions from €150,000 up to €200,000 following the decision from the country’s Senate to approve its Remote Gaming Act. The fines, which come into force today, may be subject to change depending on the number of illegal sites and games as well as the number of bonuses and prizes …

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William Hill appoints Robin Terrell as corporate Audit & Risk chair

FTSE bookmaker William Hill has moved to restructure its governance executive frameworks, confirming that Robin Terrell has been promoted as new chair of the firm’s corporate Audit & Risk Management Committee. Effective from 4 March 2019, Terrell will replace current Audit Chair David Lowden, who as previously announced will step down from the bookmaker’s board by March 2019. A commercial …

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William Hill secures all regulatory greenlights for MRG €270m acquisition

The governance of FTSE250 bookmaker William Hill Plc has this morning confirmed that it has secured approval of ‘all necessary authorities across related jurisdictions’, to complete its €270million acquisition of Stockholm-listed MRG Group. The transaction which has been approved by MRG governance was first propositioned on 31 October 2018, with William Hill seeking to boost its European regulated markets profile, …

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Philip Bowcock – Global vision will reshape William Hill

William Hill Chief Executive Philip Bowcock has stated to investors that his tenure will reshape the UK legacy bookmaker into a ‘digitally led and internationally diverse gambling business’. Speaking at the FTSE firm’s ‘Capital Markets Day’, Bowcock outlines the three strategic areas that will drive William Hill’s corporate turnaround, seeking to completely transform the bookmaker by: – Driving digital growth …

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William Hill presents its global future prospects amid UK woes

Publishing its latest trading update (17-43 week period ending 28 October), FTSE250 William Hill Plc details ‘rapid US progress’, however, the betting group cannot escape its UK woes. Despite progress on its digital agenda, William Hill’s 2018 trading has been impacted by negative sporting results and further group-wide adjustments undertaken to counter a tougher UK regulatory environment. Continuing its digital …

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