Ted Menmuir

Amaya reports strong H1 2015 opening as operator restructures long term debt plan

SBC News Amaya reports strong H1 2015 opening as operator restructures long term debt plan

Issuing a 2015 H1 update, Toronto listed Amaya Inc noted that its customers were embracing its non-poker offerings as the operator recorded a 5% increase in group revenues to CAD $ 656 million (2014: CAD $624 million). Amaya the owning company of PokerStars and Full Tilt gaming brands, would record growth on all key metrics for both Q2 and H1 …

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Packer steps down as Chairman of Crown Resorts

SBC News Packer steps down as Chairman of Crown Resorts

Following numerous quarters of consecutive performance declines, billionaire James Packer has confirmed that he will step down as Crown Resorts Executive Chairman. As majority shareholder in the business, Packer will be transferred to a senior executive placement within the casino operator’s governance. Packer will further maintain his Co-Chairman position of subsidiary Melco Crown Entertainment Asia. Packer will be replaced as …

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Betfred – Labour Leadership market reaches £250,000 in wagers

SBC News Betfred - Labour Leadership market reaches £250,000 in wagers

UK independent bookmaker Betfred has revealed that it has recorded £250,000 wagered on the outcome of the Labour Party Leadership election. The bookmaker stated that its market levels were unprecedented, reaching its highest levels for a party political leadership campaign. With candidate ballots due to be sent out today to party members, the bookmaker revealed that it had recorded 50% …

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David Clifton – Licensing Expert – CJEU to rule on EU law issues raised by GBGA challenge to POC tax

SBC News David Clifton – Licensing Expert - CJEU to rule on EU law issues raised by GBGA challenge to POC tax

Gambling industry legal expert David Clifton (Clifton Davies Consultancy), examines the GBGA’s tax and competition based challenge against the UK POC regime, as the case reaches the higher courts of European Union Law.    The Gibraltar Betting and Gaming Association (GBGA) has been celebrating what must by any account be regarded as an intermediate victory in its judicial challenge to the …

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Tabcorp aims for digital expansion following out-performance of corporate forecasts

SBC News Tabcorp aims for digital expansion following out-performance of corporate forecasts

Governance of Australian gambling operator Tabcorp were delighted to announce that the company had beaten market forecasts for its 2014 performance (year ending 30 June). Tabcorp would post 2014 full year net profits of $171 million up 14% on 2013’s 149 million. Tabcorp would record a performance uplift on all key top-line metrics, as the operator posted a 6% rise …

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Brazil expects delays as Dilma stalls betting legislation

SBC News Brazil expects delays as Dilma stalls betting legislation

Brazilian President Dilma Rousseff has stalled the progress of Legislation 671-2015 for the provisions of regulated fixed odds sports betting, citing that law makers needed more time to review its framework and context. Presented to President Dilma for sanctioned sign off at the start of July, the legislation had been approved for progress by Brazil’s Senate. The legislation would look …

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UKGC & PIPCU tackle advertising on illegal websites

SBC News UKGC & PIPCU tackle advertising on illegal websites

The UK Gambling Commission (UKGC) has reported that the number of gambling adverts on illegal websites has dropped by a third since the UKGC joined a police operation aimed at disrupting websites that break copyright laws. Earlier this year the Commission teamed up with the Police Intellectual Property Crime Unit (PIPCU) for Operation Creative – an operation aimed at reducing …

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GAA urges Irish government to ban underage Gaelic Games wagering

The Gaelic Athletic Association (GAA) has pleaded for further amendments to Ireland’s 2013 Gambling Control Bill, with a view to prohibit wagering on underage/minor games (under 18)   The governing body of Gaelic Games (hurling and Gaelic football) has requested for the banning of wagers at inter-county level, citing the future integrity of the sports and youth development matters. Following …

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Unibet files for Romanian Licence

SBC News Unibet files for Romanian Licence

European sports betting operator Unibet has confirmed that it is in the process of re-applying for a Romanian online gambling licence. The operator sent a communication to media partners and affiliates making them aware of their market intentions. A Unibet Email read “While Unibet is still analysing the licence requirements/conditions, we would like to let you know that Unibet is in the …

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Coral bags two year betting partnership with Fulham FC

SBC News Coral bags two year betting partnership with Fulham FC

West London Championship football side Fulham FC has today announced that it has entered a two year betting and igaming partnership with bookmaker Coral Coral will become the Official Betting Partner of ‘The Cottagers’ gaining exclusive promotion of its services throughout Fulham’s Cravan Cottage Stadium (capacity – 25,000) on match days. Coral will become main sponsor of the football club’s …

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