Despite Dermot Desmond’s last ditch attempt to derail its £2.2 billion merger with Gala Coral, Ladbrokes shareholders are reported to have voted in favour of the deal this morning. London business news sources report that 90% of Ladbrokes Plc investors backed the merger, despite hearing Desmond’s arguments against its progression. Furthermore Ladbrokes governance rejected Desmond’s appeal for a second merger …

Las Vegas based start-up JetBet has announced the launch of its first social sports engagement game with men’s lifestyle and entertainment brand Maxim Magazine. The game titled “Maxim Sports Live” will allow US sports fans to predict real-time sports results in an optimised “second screen” environment. The game will be promoted throughout Maxim’s digital verticals and on the media owners …

As the European gambling industry consolidates creating sector giants. Scott Longley takes a look at the debt crisis that has engulfed Caesars Entertainment.   If anyone doubts that we are still living with the after effects of the 2008 financial crisis, they need look no further than the travails of one of the more high-profile corporate victims of the appropriately-termed …

Betfair has been announced as the new sponsor of the Tingle Creek Chase at Sandown in a two-year deal. The company is the first to use its status as an ‘authorised betting partner’ to reach an agreement to expand its sponsorship portfolio with Jockey Club Racecourses, owner of Sandown. Following the announcement of the initiative last month, JCR announced they …

The Dutch Labour (PVdA) and Democratic People’s Parties (VVD) are reported to be seeking to restrict certain online betting activities in order to prevent match fixing and maintain integrity standards within national sports. The coalition parties are seeking to submit new wagering amendments to the proposed Dutch online gambling bill, with the aim of removing betting on “easy to manipulate” …

TOTE IRELAND, a wholly-owned subsidiary of Horse Racing Ireland and the operator of pool betting on Irish horseracing has announced that it has partnered Colossus Bets to over mega-sized jackpots across its web and mobile platforms. The agreement includes a potential future rollout of Colossus Bets’ patented partial cash-out technology across the entire Tote Ireland platform. Tim Higgins, CEO of Tote Ireland …

Sportech Racing has furthered its presence in the US market, by announcing that it will become wagering technology and services supplier for Remington Park (Oklahoma) and Lone Star Park Racetrack (Texas). The racetrack agreements have been formed under a new partnership with racing operator Chickasaw Nation Global Gaming. Sportech is set to provide its comprehensive suite of pari-mutuel betting services …

DFS operator DraftKings has announced that it has partnered with geo-location technology specialist GeoComply in order to better verify user eligibility for its products. The operator will integrate GeoComply’s Solus Geolocation system, which will provide security id, proxy scanning and fraud checks for DraftKings day to day operations. The integration of GeoComply services, comes as DFS industry operators face mounting …

New social betting network, WantMyBet wants to “Get Your Tips Out!” Launching in the UK, the tipster network will enable sports consumers to search and discover the latest and most popular tips from around the world. WantMyBet adds that it has “stripped out” the complicated betting jargon to create a simplified engagement with its users. The social betting platform will …

SIS supplier of retail betting provisions, has pledged its support to the Jockeys Employment and Training Scheme. The supplier has continued its support for the horseracing industry by becoming Friends of JETS, a charity which helps jockeys plan and achieve second careers. As part of the scheme, employees from SIS will share their wealth of knowledge as well as assist with career …