The UK gaming sector is celebrating the launch of a new strategic body which encompasses members drawn from the Pub, Bingo, AGC, FEC, On-line, LBO and Casino sectors. Launched in London last week, the Gambling Business Group (GBG), which already boasts a membership of 50 comprising many of the most influential organisations in gaming, has industry heavyweight and former BACTA …

  The World Cup in Brazil left bookies feeling bright despite three of the fancied teams making the semi-finals and a lack of shock results as the knock-out stages progressed. Pre-tournament, Mobile betting was expected to be the key battle-ground for operators and the reality was no different.  Ladbrokes’ David Williams believes the main disappointment was England’s failure to capture …

Novomatic CEO Franz Wohlfahrt will leave his position at the end of September, the casino and betting operator has confirmed. The group supplies gaming technology and is one of the largest integrated gaming companies in the world, with more than 20,000 staff (3,000 in Austria). Wohlfahrt has been the firm’s general manager for the last 10 years, and is also …

Lee Richardson Chief Executive of Gaming Economics opens a series of content, interviews and industry commentary building up to the EIG Berlin Expo (21-23 October). In this two part  betting white paper, Richardson presents detail Gaming Economics betting analyses and observations regarding the 2014 World Cup in Brazil. A sports betting industry veteran Lee Richardson has held various senior management …

Whilst Australia may have bowed out in the group stage of the World Cup, they far exceeded expectations with results which included a narrow 3-2 loss against eventual third place finishers the Netherlands. Back home Australian football fans did their bit by exceeding bookmakers’ expectations in terms of the collective amount they placed in bets. Throughout the month long competiton …

After weeks of speculation GTECH SpA have confirmed that it will buy Las Vegas based slots machine and gambling provisions manufacturer International Game Technology (IGT) for $4.7 billion (£2.74 billion). Business news sources speculate that GTECH have structured the purchase of IGT using cash and stock equity. The further inclusion of $1.7 billion in net debt, will see the total …

The forthcoming UK Gambling (Licensing & Advertising) Act will come into play from October 1st and may force online gambling operators to obtain a UK gambling license should they wish to continue their partnerships with sports franchises in the nation. This act is being put in place to ensure that all companies who accept bets from customers, or, importantly, market …

Manchester based sports betting operator have announced the departures of Digital Managing Director Christopher Sheffield and Head of Online Marketing Adele Lawton. The operator is currently in the midst of a management reshuffle for its online marketing division, as it looks to revamp its digital inventory. Betfred will seek replacements for Sheffield and Lawton through specialist executive search services. Christopher …

FSB Technology (UK) Ltd has signed terms with Sporting Solutions to integrate its best-in-class data services to create the industry’s most comprehensive and compelling managed sports betting service. Any new or existing FSB Tech customer will now benefit from Sporting Solutions’ in-play data services pre-configured and fully integrated into its cutting edge sportsbook platform. FSB Tech has developed the first …

Germany’s World Cup triumph netted one shrewd punter £83,000, after his sensational fivefold came in. The online, TV and mobile sportsbook tweeted the bet yesterday, saying: “One punter has well and truly #skybettered us. He placed this fivefold in August and has won over £83,000! Well done!” Imagine sweating 11 months, you Gotze be kidding me!!!