Tag Archives: sportingbet

Yannis Xirotyris vacates CCO position at Novibet ahead of SPAC merger

SBC News Yannis Xirotyris vacates CCO position at Novibet ahead of SPAC merger

Novibet Chief Commercial Officer, Yannis Xirotyris, has confirmed that he is stepping down from the position after fulfilling his responsibilities for 15 months.  As CCO, Xirotyris played a role in orchestrating several commercial agreements with the Greek betting and gaming group, with a notable development being a merger deal with SPAC Artemis Strategic Investment Corporation (Artemis). Should the merger plans …

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Chris Graham to lead FSB’s global marketing strategy

SBC News Chris Graham to lead FSB’s global marketing strategy

FSB has moved to strengthen leadership of its global marketing team, appointing Chris Graham to oversee its operations in this area as Head of B2B Marketing. Graham first joined the B2B sports betting and igaming services provider in August, serving as Head of Marketing Operations with responsibility for ‘driving landmark numbers’ across the department over the following year.  His promotion …

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Entain hit with AUS $26,690 fine for Neds’ Northern Territory licence violation

SBC News Entain hit with AUS $26,690 fine for Neds’ Northern Territory licence violation

The Northern Territory Racing Commission has penalised Entain with an AUS $26,690 fine after its Australia-facing Neds subsidiary was judged to have violated state licencing requirements.  An investigation into Neds’ compliance with the law began after a Commission member saw a Business Development Manager form the company inform a rage goer that bonus offers could be accessed by scanning a …

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Entain to blowout all bid competition in pursuit of TAB

SBC News Entain to blowout all bid competition in pursuit of TAB

Australia’s sports betting incumbents will be closely monitoring the interim results of Entain Plc, published on Thursday 8 July, to see if the FTSE100 gambling group increases its offer to acquire Tabcorp Holdings’ TAB wagering unit. First off the mark, last February Entain launched its initial AUS $3 billion (€2bn) offer to acquire TAB’s wagering and media divisions – an …

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NetBet enters Greek market after securing multiple HGC licences

SBC News NetBet enters Greek market after securing multiple HGC licences

NetBet has become the latest international operator to enter the Greek market, having secured sports betting, casino and poker licences from the Hellenic Gaming Commission (HGC). The newly issued licences will be valid for a seven-year period, enabling NetBet to cover thousands of sports markets per month as well as launch its four thousand casino titles in the sector, including …

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Entain pursues Tabcorp’s floundering wagering units

SBC News Entain pursues Tabcorp's floundering wagering units

Entain Plc has this morning issued a short statement confirming Australian media speculation that it has made a formal approach to acquire Tabcorp Holdings‘ ‘wagering and media’ assets.  The FTSE100 betting group said that ‘discussions were at an early stage’ and chose not to disclose any information with regards to its valuation of Tabcorp’s sports betting assets.  Entain stated that …

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Soft2Bet bolsters marketing team with Pablo Ferreira appointment

Soft2Bet bolsters marketing team with Pablo Ferreira appointment

Soft2Bet will continue to ‘exceed the requirements of partners across the globe’ after confirming that Pablo Ferreira will become the company’s new Chief Marketing Officer. Following what Soft2Bet has praised as a ‘successful spell’ in his role as Head of Country Managers, Ferreira will take charge of creating the promotional strategy for Soft2Bet’s flagship 2021 sportsbook as well as the …

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Entain says £8bn MGM Resorts offer ‘significantly undervalues’ company but asks for more information

Diversified Entain rides out 2020 retail storms

Responding to press speculation, the Board of Entain has confirmed that it has received proposals from its US partner MGM Resorts International (MGMRI) concerning a possible offer for the company, but has quickly poured cold water on any deal being agreed in the short-term. Reports emerged in the Wall Street Journal yesterday that MGM had made a fresh approach for …

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MGM Resorts makes moves to acquire Entain Group

SBC News MGM Resorts makes moves to acquire Entain Group

US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …

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