Gordon Moody has expanded its operational scope across the UK, launching a new treatment centre in Manchester after identifying increasing demand in the Northwest. Opening the facility in partnership with mental health practitioner AnonyMind’s Manchester centre, Gordon Moody made the move after experiencing a 15% rise in applications in the region. This was more than any other area across the …
Read More »
The board of Grupo CIRSA has announced that it has agreed to terms on a new €615 million debt-bond placement, helping the Spanish gambling group improve its financial liquidity by refinancing its previous debt arrangements. The bond placement will carry an annual interest rate of 4.5%, with its maturity clause triggered from 2027 onwards, and has been underwritten by the …
Read More »
Industry platform and software developer EveryMatrix has announced the launch of its next-generation bonus system, which has gone live with client PlayFrank.com EveryMatrix development details that its new Unified Bonus System (UBS) ‘is a modular bonus system to create, manage and report on promotions for casino and sports products’ helping operators combine rewards programs and promotional content which are activated …
Read More »
The report from the gaming analysts at UBS which pulled the rug from under the share price of William Hill this week doesn’t pull its punches when it comes to the near-term future for the high-street bookmakers. The team at UBS suggest that retail operating profits could decrease by an average of 40 percent depending on what the upcoming Triennial …
Read More »
Multiple London business news sources have disclosed that Gala Coral and Ladbrokes are close to agreeing terms on a £3.5 billion merger, which would create the UK’s biggest bookmaker with over 4000 betting shops. Ladbrokes who are being advised on the merger terms by investment banks’ Greenhill Capital and UBS are expected to issue new share placements in order to …
Read More »
SBC News Voice of the Sports Betting Industry