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Author Archives: Ted Menmuir

Daniel Sebag retires as CFO of Amaya Inc

Further to today’s corporate update on its revised full-year 2016 guidance, the governance of Toronto TSX-listed Amaya Inc has informed stakeholders and the media that Daniel Sebag has retired from his leadership role as Chief Financial Officer (CFO). Sebag leaves Amaya following ten years’ service as Amaya’s first ever CFO. Announcing his departure, Amaya governance stated that Sebag had played a ... Read More »

Amaya ups 2016 revenue & earnings guidance but warns of 2017 currency impacts

The governance of Toronto TSX-listed Amaya Inc has this morning issued an update to the firm’s full-year 2016 guidance, adjusting upwards its top-line metrics for revenue and earnings results. In its latest trading update, Amaya governance details that FY 2016 revenues will range between $1.153-1.158 billion, as compared to its previous guidance of $1.137-1.157 billion. Further positives see Amaya governance ... Read More »

Scientific Games completes $20 million acquisition of DEQ Systems

Issuing a corporate update Nasdaq-listed Scientific Games Corporation (SCG) has confirmed that it has completed its $20 million acquisition of industry progressive systems and table games manufacturer DEQ Systems Corp (deal first announced September 2016). Updating investors, SCG governance stated that DEQ’s current gaming inventory would be integrated within the firm’s existing services portfolio, boosting SCG’s provisions in proprietary table ... Read More »

Stanleybet launches €12.5 million ‘virtual events’ claim against Cypriot government

European gambling operator Stanleybet is suing the government of Cyprus for breaching European Union trade and business policies. Filing a claim under Stanleybet Malta, the operator is seeking compensation in excess of €12.5 million for loss of operating profits, legal costs and restriction of services relating to the ‘2012 Betting Law’ which banned wagering on Virtual Sports terminals. Furthermore, Stanleybet ... Read More »

GBGA dealt ‘one entity’ blow in UK tax challenge

European Court of Justice Advocate General Maciej Szpunar has dealt a blow to the legal challenge brought by the Gibraltar Betting and Gaming Association (GBGA) against the UK HMRC’s 2014 new tax regime on online gambling duties. Detailing his opinion on GBGA’s ongoing challenge, Szpunar stated that British overseas territory Gibraltar and the UK should be treated as ‘one entity’ with regards to ... Read More »

Boylesports extends sponsorship of RTÉ Sport’s racing coverage

Irish independent bookmaker Boylesports has confirmed that it will extend its sponsorship of RTÉ Sport’s horse racing coverage for a further year. As part of its sports content, Irish national broadcaster RTÉ has at present 24 days of racing coverage including popular races the Irish Grand National, Irish Champion Stakes and The Irish derby, as well as festival coverage of ... Read More »

Svenska Spel agrees to IGT systems upgrade

Swedish state-owned gambling operator Svenska Spel has moved to upgrade its lottery and video terminal systems arrangement with principal supplier International Game Technology (IGT). The agreement sees Svenska Spel continue its systems partnership with IGT for a further seven years (partnership started 1996). IGT will now move to upgrade Svenska Spel systems for Video Lottery Terminals, site controllers, game services ... Read More »

Boylesports expands domestic portfolio buying Bambury betting shops

Irish bookmaker Boylesports has continued its domestic retail expansion by acquiring the portfolio of nine betting shops from independent bookmaker Bambury. Having agreed sale terms with Bambury owners, the purchase of the nine betting shops is currently awaiting approval by the Irish competition authority. Should Boylesports governance be successful in its purchase of Bambury estates, the Dundalk bookmaker will increase ... Read More »

Ups & Downs…2016’s biggest wins & most frustrating losses

FootballPredictions.com’s Ignacio del Valle Ruiz reviews 2016 biggest football wins, in what was a year full of thrills, surprises, underdog and comeback stories.    ______________________ Let’s face it – we all love lists, and there’s always some betting mishaps or fortunes that become viral and everyone talks about them. I gathered some during the year and would love to share ... Read More »

Yggdrasil targets Q2 2017 full Italy launch

Updating investors, Yggdrasil Gaming has begun the compliance processes of certifying its games and platform services to meet technical requirements for the regulated Italian online gambling market. Yggdrasil governance expects to go live in Italy by Q2 2017, bringing its popular titles Dark Joker Rizes, Vikings Go Wild and Holmes and the Stolen Stones to market. Further to its games content, ... Read More »