Ted Menmuir

FanDuel secures $275 million with Google & Time Warner as Series E investors

SBC News FanDuel secures $275 million with Google & Time Warner as Series E investors

Leading daily fantasy sports operator FanDuel has been valued at $1 billion, following its latest venture capital ‘Series E’ round of $275 million. The investment round was led by Venture Capitalist firm  Kohlberg Kravis Roberts (KKR), technology news sources report that new FanDuel investors include Time Warner and Google Capital (Source: Crunchbase). The $275 million comes less than 12 months …

Read More »

32Red acquires Roxy Palace for £8.2 million cash & shares

SBC News 32Red acquires Roxy Palace for £8.2 million cash & shares

The igaming sector reports another corporate acquisition as Gibraltar operator 32Red confirms that it has acquired online casino Roxy Palace for £8.2 million in a cash and shares deals from Hyperlink Media Ltd and Applied Logics Ltd. 32Red governance confirmed that it would pay £2 million cash for the acquisition of Roxy Palace operations, with a further 10 million shares issued …

Read More »

Italy’s Serie B delays league start by 2 weeks following Catania match fixing scandal

SBC News Italy's Serie B delays league start by 2 weeks following Catania match fixing scandal

The ongoing Catania match fixing scandal has seen the start of the Serie B football season pushed back two weeks from 21 August to 5 September. The push back follows last month’s admission by Calcio Catania Owner/President Antonino Pulvirenti to fixing 5 Serie B matches in an attempt to prevent the Sicilian club from being relegated. Pulvirenti further admitted to …

Read More »

Matchbook furthers sponsorship of Brentford FC

SBC News Matchbook furthers sponsorship of Brentford FC

Online betting exchange Matchbook.com has furthered its exciting partnership with West London football club Brentford FC, by becoming ‘The Bees’ official shirt sponsor for the 2015/2016 Championship season. Brentford FC CEO Mark Devlin unveiled the club’s new shirt and sponsor for the upcoming season. Devlin revealed that the partnership with Matchbook.com, represented the biggest sponsorship deal in the club’s history, …

Read More »

PokerStars launches live California poker tournaments to support iPoker

SBC News PokerStars launches live California poker tournaments to support iPoker

Amaya Inc brand PokerStars has launched a series of California live tournaments named ‘Let California Play’ to raise awareness for internet poker and support for Californian pro-poker legislation. PokerStars has partnered with two Californian Indian tribes and three Los Angles card rooms to help host the tournaments. The online poker operator further confirmed the launch of website Californians4ipoker.com. A number …

Read More »

Giorgio Sandi steps down as Gruppo SNAI Chairman & CEO

SBC News Giorgio Sandi steps down as Gruppo SNAI Chairman & CEO

Italian gambling operator Gruppo SNAI has announced that Giorgio Sandi is to step down as CEO and Chairman. Sandi’s departure from SNAI governance team, follows the operators May merger with Italian gambling technology provider Cogemat. The departure of Sandi who had led the operator since 2012, was announced following a governance meeting between SNAI and Cogemat boards. Sandi will be …

Read More »

Gamesys – Noel Hayden steps down as Lee Fenton takes over as CEO

SBC News Gamesys - Noel Hayden steps down as Lee Fenton takes over as CEO

Following its + £420 million acquisition by Canada’s Intertain Group, igaming operator Gamesys has undertaken an executive team restructure which will see Founder and CEO Noel Hayden become Executive Chairman of Gamesys Group. Gamesys’ CEO position will be filled by Chief Operating Officer (COO) Lee Fenton with immediate effect. The COO positon is set to be filled by Director of …

Read More »

Fortuna Entertainment appoints Darren Lovern as CMO

SBC News Fortuna Entertainment appoints Darren Lovern as CMO

Fortuna Entertainment Group, continues to focus on international expansion by announcing the appointment of Darren Lovern as its new Chief Marketing Officer (CMO). Lovern joins the Eastern European bookmaker from Paddy Power where he was Head of Online Sports Betting (2009 – 2015). The hire of Lovern as CMO continues new CEO Per Widerstrom corporate re-structure as Fortuna Entertainment looks …

Read More »

888 prepares final approach for bwin.party

SBC News 888 prepares final approach for bwin.party

This week marks a crucial chapter in the battle for bwin.party Entertainment, as industry analysts expect 888 Holdings to counter the £906 million reverse takeover offer put forward by GVC Holdings. At present GVC are thought to be front runners in the acquisition, as last week bwin.party governance confirmed the £908 million cash and new shares bid, which values bwin.party …

Read More »