Athens-listed gambling group OPAP SA has published its full-year 2018 results, detailing a transformative year for its business, undertaking a number of critical upgrades and refinancing its operating structures. “2018 marked the 60th anniversary of OPAP’s foundation and the entire OPAP team is proud of what was achieved in this historic year. We successfully delivered all of our key business …
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The executive team of Toronto TSX-listed The Stars Group Inc has today disclosed the firm’s medium-to-long term directives, having significantly enlarged its global identity acquiring Sky Betting & Gaming (Sky Bet) and the Australian assets of CrownBet and William Hill Australia. Today in New York, the Stars Group hosted its ‘Investor Day’, outlining core potential growth opportunities, medium-term financial planning, …
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Marked as a major corporate milestone, Gaming Innovation Group (GIG) will begin trading as a Stockholm Nasdaq enterprise today (Tuesday 26 March), having secured main market listings approval. Moving forward, GIG will now operate as a dual-listed enterprise, with its shareholding maintained on the Stockholm Nasdaq (ticker – GIGSEK) and Oslo Børs (ticker – GIG). GIG’s Stockholm IPO has been assisted …
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Germany’s Bundesrat has finally agreed on the make-up of its inter-state mandate moving to revamp its federal gambling framework by 2021. However, featuring an overly complex licensing procedure and muddled policies, strategic consultancy Regulus Partners finds little to cheer on ‘German progress’… __________ Germany has done what it was expected to with regard to online gambling policy, possibly for the first time …
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France’s Senate has revealed that it will review the proposed sale of state-owned assets Française des Jeux (FDJ) and Aéroports de Paris (ADP) this April. The decision follows the approved passage of the ‘PACTE Loi’ mandate, which seeks to implement the En Marche government’s headline ‘Enterprise and Innovation’ programme, which will move to privatise a number of French public firms and …
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Updating the market, the Malta Gaming Authority (MGA) has published it’s ‘Preliminary Market Consultation – PMC’ document requesting information and guidance on the planned development and launch of its ‘Unified Self-Exclusion System’. A key project initiative for the MGA and its government stakeholders, the gaming authority seeks to deliver the most comprehensive self-exclusion system to be utilised by all licensed …
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This weekend, UK business news sources reported that GVC Holdings seeks a new Chairman, as incumbent Lee Feldman is preparing to announce his formal departure from the FTSE100 betting group. The news of the departure comes amid GVC investor backlash at Feldman and Chief Executive Kenneth Alexander having offloaded a combined 3 million of company shares, at the presumed ‘discounted …
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Germany’s sixteen federal states have approved the mandate of the ‘third amended Interstate Treaty on Gambling’, paving the way for a new national licensing regime to be implemented. Agreeing on Bundesrat (Federal Council) directives, the northern state of Schleswig-Holstein will be allowed to continue it’s operating its state-sanctioned online gambling regulatory regime allowing a number of licensed incumbents to continue …
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Kansspelautoriteit (KSA) the gambling regulatory authority for the Netherlands has confirmed the appointment of Ronald Prins as new Chairman of the KSA Advisory Board, succeeding incumbent Arthur Docters van Leeuwen. Established in 2014, the KSA Advisory Board assists the regulatory authority and wider stakeholders with advice and guidance on a number of disciplines, ranging from policy making, gambling standards, public …
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Publishing its private accounts, Spanish gambling firm Grupo CIRSA has detailed solid corporate progress and growth, completing its first year under the ownership of US multi-national private equity firm Blackstone. The Spanish legacy gambling group records 2018 group revenues of €1.4 billion, combined with operating profits of €368 million, up 5% on its 2017 performance. Issuing a corporate statement, Joaquim …
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