Featured News

Rank forms ‘Transformation Team’ to lead group-wide recovery

London listed Rank Group Plc, has announced a number of executive management changes, as the company moves to implement its corporate recovery plan. Further to announcing its full-year 2017/18 results, London-listed gambling operator Rank Group Plc confirms the departure of Clive Jennings as Group Financial Director. A long-term Rank leadership executive, Jennings has served as group finance lead since 2011.  …

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STS Poland strengthens broadcasting content by 20,000 events with IMG

Polish bookmaker STS has announced a fresh deal with sports media rights provider IMG to significantly expand its content of ‘broadcast sporting events’ via its website and mobile app. Under the terms of the new deal, which is to run until the end of 2020, the firm is to enhance its offering by approximately 20 thousand sporting events, including streams of football, …

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LOGiCO calls for operator self-discipline in final months of Italian advertising

Moreno Marasco, the President of Italian online betting/gambling trade body LOGiCO has penned an open letter to industry leadership urging for ‘self-discipline during Italy’s transitional advertising period’. Though all Italian betting stakeholders, face tough adjustments to meet the demands of the incoming (1 January 2019) Lega-5Star ‘Dignity Decree’ banning all forms of gambling advertising, LOGiCO pleads for restraint and responsibility. …

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Nigel Eccles sues Paddy Power Betfair for ‘purposely undervaluing’ FanDuel

US Tech news source Recode has reported that FanDuel enterprise co-founder Nigel Eccles (former CEO) is preparing to take Paddy Power Betfair (PPB) to court, regarding its $465 million takeover of FanDuel completed in July 2018. Eccles representatives have filed a Scottish court order against PPB, representing four of FanDuel’s enterprise co-founders; Nigel Eccles, wife Lesley Eccles (former CMO), Tom …

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Troubled mybet Holdings files for insolvency proceedings

The governance of Frankfurt Xetra-listed betting group mybet Holdings SE has today issued a corporate update informing investors that it has filed for ‘open insolvency proceedings’. The insolvency update follows mybet governance failure to sell the business to an undisclosed investor, as previously reported in July 2018. This Friday, governance will file its insolvency application for three syndicated companies, of …

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SBC Sponsorship Forum drives Betway’s Deportivo Alavés deal

SBC Alaves Betway

La Liga’s Deportivo Alavés has thanked SBC for its assistance after securing a two-year front-of-shirt sponsorship deal with Betway. The club’s Deputy General Manager Mikel Bárcena welcomed SBC Founder and CEO Rasmus Sojmark to the Basque country to say thank you for facilitating an introduction to the operator at this year’s Betting on Football at Stamford Bridge. The connection was …

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GiG confident of 2018 targets as company strengthens commercial & product pipelines

Oslo-listed online gambling firm Gaming Innovation Group (GiG) is confident of achieving its full year 2018 expectations, as the company reports strong interim results, driven by growth across its B2C and B2B verticals Year-to-date, GiG has recorded corporate revenues of €74 million (H1 2017: €50 million), as the gambling group continues to strengthen its commercial pipeline combining organic and acquired …

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GambleAware backs Scottish Youth Problem Gambling Initiative – Fast Forward

Industry charity GambleAware has invested £750,000 in Scottish youth problem gambling charity counterpart Fast Forward. The grant will see Fast Forward establish Scotland’s ‘Gambling Education Hub’, based on the ‘Gambling Education Toolkit’ developed by the charity last year. The Hub seeks to extend the scope and scale of gambling education, awareness, training and support offered by organisations. A core target, for …

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Blackstone & Codere eye Televisa Play City MX quick sale

Mexican media and entertainment group Televisa has confirmed that its seeks to sell its entire gambling portfolio, operating under the ‘Play City Casino’ and ‘Play City Apuestas’ brands. Televisa currently operates a total of 17 Play City casino/betting establishments across Mexico, having been one of the few companies granted a land-based gambling license by the Vicente Fox government in 2005. …

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AgiproNews’ Italian View: Reality bites as Lega-5Star begins reform of gambling structure

As anticipated Italy’s parliament has approved the mandate of the Lega-5Star ‘Dignity Decree’ which will lead to a blanket ban on betting/gambling advertising, marketing and sponsorship across all verticals. Approving the mandate, the Italian government stated that it fully supported the stringent directives which seek to reduce social harms created by the Italian gambling sector. Lega and 5Star officials have …

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