June 29, 2016
Sports betting supplier SBTech has been granted a B2B Class 2 Software Provider License by the National Gambling Office in Romania. Romania is the latest regulated European market to license SBTech, which allows the company to continue expanding its existing portfolio of awarded permits in numerous regulated markets such as UK, Ireland, Portugal, and more. Localised sportsbook offerings and unrivalled …
Read More »February 8, 2016
Sport betting technology and software provider SBTech has confirmed that Itai Zak is to step down as CEO with gaming industry leader Richard Carter taking up the post. Carter, former Director of research at Deutsche Bank, was responsible for running the highly rated European equity gaming franchise for the past seven years John Anderson, Chairman of SBTech, commented: “We are honored to …
Read More »February 25, 2015
Investment management firm BlackRock has snapped up a 4.7% stake in Ladbrokes Plc, ahead of tomorrow’s full 2014 financial presentation. The financial firm took advantage of Ladbrokes’ share price dip at the start of the week to acquire its stake in the company. The news of BlackRock’s investment in Ladbrokes has surprised London business analysts as yesterday investment bank Deutsche …
Read More »February 24, 2015
Ahead of its annual results publication on Thursday 26 February, Ladbrokes share price suffered its worst fall in almost a year after investment firm Deutsche Bank warned investors of harder times ahead for the London listed sports betting operator. Deutsche Bank expects the operator to publish a further year of sizeable market-share losses, and for Ladbrokes profitability to be stalled …
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