Tag Archives: Sunday Times

Jason Trost – Smarkets gearing up for sportsbook rollout

Jason Trost the CEO & Founder of online betting exchange Smarkets, has revealed that his firm will move to launch a traditional sportsbook platform supporting its existing operations. Speaking to Bloomberg Business, Trost detailed that Smarkets had spent circa $5 million developing its sportsbook extension which will attached to the Smarkets exchange. Focusing on the in-house development of its proprietary …

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Winning Post – Concern rises over blame game as regulator aims to clean up ICE

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. It is likely that this year’s ICE will be chiefly remembered for the Gambling Commission’s attacks on the use of promotional girls at the expo – and follow-up …

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DCMS to deliver UK bookmakers £2 FOBT nightmare scenario

UK news sources have this weekend reported, that highstreet bookmakers are likely to face their ‘nightmare scenario’ as the government will move to impose a £2 limit on FOBTs wagering levels. On Tuesday, the Department of Digital, Culture, Media and Sport (DCMS) will finish its 12-week consultation period relating to the government’s pending triennial industry review, focusing on FOBTS wagering …

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Sun shines for Bede Gaming’s South Africa market entry

Updating the market, industry platform supplier Bede Gaming will enter the South African online gambling market has entered a new partnership casino and leisure operator Sun International. Agreeing terms, Bede will become the lead technology platform supplier for Sun International’s online gambling subsidiary Sunbet brand (sunbet.co.za). Seeking to become the leading destination for South African online gambling consumers, Sun International has …

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Bede Gaming recognised in Sunday Times Tech Track 100 index

Bede Gaming has placed 76th on the Sunday Times Hiscox Tech Track, a league table documenting Britain’s fastest growing tech organisations. The suppliers of software to the online gambling industry, has been recognised for its growth and successes since inception five years ago. The Newcastle upon Tyne headquartered firm’s platform, for operators within the gambling industry, and currently powering some …

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Smarkets lists second on The Sunday Times ‘Tech Track 100’ index

The Sunday Times has ranked online betting exchange Smarkets as the second fastest growing UK private technology enterprise for its ‘2017 Tech Track 100’ index. The company which reported a 280% annual sales rise over three years was beaten to the top of the Sunday Times tech index by children’s ‘digital personalised book publisher Wonderbly. Led by CEO and Founder …

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The Sunday Times names Betfair’s Breon Corcoran as “Business Person of the Year”

UK newspaper The Sunday Times has named Betfair Chief Executive Breon Corcoran as “Business Person of the Year 2015”. In a special feature written by The Times leisure correspondent Peter Evans and titled “Gambling Geek”, Corcoran details his tenure to date as leader of Betfair, which has seen the CEO transform the operator from its 2011 post IPO decline into …

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JP McManus seeks $5.2 million tax return from US IRS

Irish racehorse and stud rights magnet John (JP) McManus is seeking to $5.2 million from the US government, claiming that gambling winnings of $17.5 million were wrongly taxed. McManus one of Ireland’s richest businessmen (ranked 12th richest Irishman according to the Sunday Times), has filed a federal claim with US courts, seeking to recover the money on gambling winnings made …

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888 joins bwin.party acquisition race

UK business news sources have reported that 888 Holdings are preparing a £1 billion takeover of igaming and sports betting operator bwin.party. The news, follows last Friday’s media conformation by rival operator GVC Holdings of its acquisition interest in purchasing bwin.party entertainment in its entirety. The 888 bid would likely be treated as a reverse takeover as bwin.party has a …

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Gambling industry tycoons feature in Sunday Times Rich List

Billionaire brothers David and Simon Rueben co-owners of Arena Racing UK, have featured as the highest placed Brits in the 2015 Sunday Times Rich List. The Sunday newspaper estimates the brothers to be worth a combined £9.7 billion. The Rueben brothers are reported to have earned an additional £700 million in 2014, through diverse investments in property, digital services and …

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