Following a month long review of Ladbrokes rescue plan for its embattled Irish retail betting division, Ireland’s High Court has granted approval to the operators rescue plan, ending the examinership proceedings entered by Ladbrokes Ireland in April 2015. Ladbrokes will be allowed to close 52 of its 196 Irish retail stores, the operator is set to keep 700 staff members …

New York activist investor Jason Ader has suggested that GVC Holdings Plc will need to increase its 122.5p per share offer in order to succeed in its takeover bid for bwin.party Entertainment. Ader’s investment fund Springowl, which owns 5.2% of bwin.party, has stated that GVC Holdings and its bid backer Cerberus Capital Management will need to up its offer to …

Tallinn listed Olympic Entertainment Group AS (OEG) has announced a strong H1 2015 performance as group revenues increased 12% to €80.7 million (H1 2014 €73.7 million). The operator, which has a strong presence in Eastern European markets, recorded performance increases throughout all its core metrics with EBITDA earnings of €18.4 million (H1 2014 €16.7 million). OEG would record net operating profits …

Cherry Gaming owned Scandinavian affiliate network Game Lounge has signed an agreement to acquire a prominent Finnish affiliate’s domains, including nettikasinovertailu.info, netticasino.eu, onlinecasinofindr.com, nettipokeri.eu, nettiveikkaus.eu and nettibingo.eu for a price of €1,2M. In addition to incremental earnings, both Cherry and Game Lounge will gain a strong strategic position in Finland and profit from a larger and more significant presence in the market. The acquired affiliate sites will …

OpenBet provider to the sports betting and gaming industry  has boosted its senior management team with the appointments of Tod Martin as COO and Dominic Le Garsmeur as Casino Vice President.  The executives, who both have extensive industry knowledge, have been brought in to help facilitate OpenBet’s ambitious global growth plans. OpenBet CEO Jeremy Thompson-Hill said: “Both Tod and Dominic are highly experienced – I am proud …

Ladbrokes has announced the launch of its single unifying digital platform, developed by igaming technology provider Playtech. The platform aims to improve player engagement on Ladbrokes digital inventory by enhancing product layouts,  optimising customer journey and providing faster load times. Ladbrokes management stated that the new platform will be aimed at tailoring to the customers needs and choices.  Operationally Ladbrokes …

Gambling technology firm Inspired Gaming (Inspired), has announced the extension of its Virtuals partnership with Niké, the leading licensed gaming operator in Slovakia. Niké launched Inspired’s Virtuals in 2012 online and across 200 retail outlets. It currently offers a number of Inspired’s Virtual Sports inventory, including: Rush Football, Rush Cycling, Rush Tennis, Rush Motor Racing, Rush Horses and Rush Greyhounds. Niké has also launched Inspired’s …

Ahead of the start of a new Ligue 1 football season on Friday 7 August, French licensed online gambling operator Winamax has confirmed exclusive partnership agreements with football clubs FC Nantes and Olympique Gymnaste Club Nice (OGC Nice).   Winamax confirmed that it had reached one year betting partnership agreements with both clubs. OGC Nice will additionally display Winamax branding …

Cryptologic operated online poker room Playboy Poker has shut down its services following a review of its business and performance by new owners NYX Gaming. The white label poker room which operated on the Ongame Poker Network, had served prior notice to its player base alerting players that it would discontinue its operations. Playboy Poker customers were given till the …

Under Age Sales, the social enterprise that specialises in helping retailers prevent underage sales, has teamed up with The Federation of Racecourse Bookmakers (FRB) to provide robust new training to tackle underage gambling at racecourses across the UK. Training for the BTEC Level 2 Award for Preventing Underage Gambling is currently being rolled out to more than 400 on-course bookmakers …