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Draft Fantasy is heading to the UK

Draft Fantasy, the market leader for Premier League draft style fantasy, has been in the process of raising capital investment in order to begin development of its daily fantasy platform.  The operator currently has ‘the largest draft style user base in the industry’ and plans to continue its growth by allowing users to participate in weekly and daily drafts for ... Read More »

Johan Styren – LeoVegas – My ICE 2017

Johan Styren is the CEO of LeoVegas. Following a game changing year in which LeoVegas launched its sportsbook in partnership with Kambi, the future is bright for the operator which is a big believer in a mobile first strategy. Johan and the LeoVegas team will be at ICE Totally Gaming in London next month along with a number of others. We ... Read More »

Ladbrokes Coral serves up solid 2016 despite adverse December closing

Issuing its first trading statement this morning as Ladbrokes Coral Plc, the FTSE newcomer stated that full-year operating profits would be ‘in-line with its expectations’ of £275-285 million. Breaking down its profits target, Ladbrokes standalone operations are expected to generate circa £101 million, with Coral Group assets contributing expected corporate profits of £179 million. As anticipated Ladbrokes Coral governance detailed ... Read More »

Moving Forward…Caesars finally closes CEOC Chapter 11 proceedings

Caesars Entertainment Corporation (CEC) has been granted judicial clearance to restructure the $18 billion debt attached to bankrupt subsidiary Caesars Entertainment Operating Co (CEOC), allowing the company to close its US Chapter 11 court filing. Gaining approval from Chicago District Judge Benjamin Goldgar, CEC governance will now settle terms and payment structures with CEOC creditors who at the start of ... Read More »

Burvall steps down as CEO of Cherry AB

Updating the market, the governance of Cherry Gaming AB (Cherry) has informed that Fredrik Burvall has stepped down as Chief Executive Officer due to family reasons. Cherry AB has moved to appoint Anders Holmgren as ‘interim CEO’ until Burvall’s replacement is found. Burvall departs Cherry following ten years’ leadership service, having acted as CEO and CFO of the company. Updating ... Read More »

Betfred ‘back in the black’ for 2015/16

Filing its corporate accounts for tax year 2015/16, independent bookmaker Betfred has posted pre-tax profits of £32.4 million reversing operating losses of £88 million recorded in 2014/15.  Issuing a short statement attached to its year-end filing (period ending 25 September 2016), Betfred governance stated that wagering through increased player activity had grown significantly throughout its business properties. As a result, ... Read More »

High profile delegates highlight the importance of Betting on Football

Betting on Football (3-5 May)

SBC Founder Rasmus Sojmark has delivered on his promise to turn this year’s Betting on Football into an even ‘bigger and better’ gathering of the leading lights in the sports betting industry. For the first time, Betting on Football (BOF 2017) will be spread across three days (3-5 May) with networking events at Kensington Roof Gardens and Under the Bridge ... Read More »

People Power – Crowdfunding in igaming

Copyright: joreks / 123RF Stock Photo

Ahead of the GamCrowd Pitch ICE competition for start-ups at ICE next month we got to thinking about crowdfunding in igaming.  Companies from the world of igaming such as Football Index and Premier Punt have run successful campaigns in the past year. In fact, both of these overfunded on Seedrs. With this avenue for generating capital becoming ever more popular ... Read More »

Virtual football perfect complement to Africa Cup of Nations

With the first round of games at the Africa Cup of Nations kicking off last weekend, football fever is at a boiling point across the African market, where both the real deal and virtual football are already incredibly popular year-round. Additionally, the winning team from AFCON will qualify for the 2017 FIFA Confederations Cup in Russia, very much a precursor ... Read More »

Kindered Group first operator to gain EU ‘Recommendation on Consumer Protection’ accreditation

Updating the market, Kindered Group (former Unibet Group Plc) has confirmed that it has become the first industry operator to meet all requirements of the European Union standards and policy mandate; ‘Recommendation on Consumer Protection’ (2014). Completing an official audit, Kindered Group assets successfully passed an official review benchmarked against EU standards and best practices focused on ongoing consumer protections ... Read More »