Oslo-listed Gaming Innovation Group (GIG) has announced the launch of new German-language online sportsbook Wetten.com delivered through its industry platform subsidiary iGaming Cloud. Wetten.com becomes the first betting operator to be launched on the iGaming Cloud platform, utilising GIG groups Malta Class 4 Remote Gaming License. GIG’s Wetten.com partnership has seen the company partner with German sports betting industry veterans Daniel …
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Jackpotjoy Plc debuts on London Stock Exchange
The London Stock Exchange (LSE) welcomed its latest gaming/betting listed enterprise Jackpotjoy Plc this Wednesday. Debuting on the London exchange as the ‘world’s largest online bingo operator’ Jackpotjoy Plc, formerly Toronto TSX-listed Intertain Group closed its first day of LSE trading securing a share price of 645p. Headed up by new Chief Executive Andrew McIver, JackpotJoy had first stated its …
Read More »NYX OpenBet wins contract to revamp New Zealand Racing Board’s FOB platform
Toronto TSX-listed NYX Gaming has confirmed that it has secured an agreement with the New Zealand Racing Board (NZRB) to deliver a bespoke fixed odds betting platform through its OpenBet technology subsidiary. Updating the market, OpenBet development teams will work with NZRB with aim of automating and revamping its ‘largely manual fixed odds’ betting services. NZRB stated that a new …
Read More »SBC Strengthens Sales Team with Neil Judson
News, events and media services company SBC has strengthened its sales team with the appointment of popular betting industry salesman Neil Judson, who will be taking on the role of Senior Sales Manager. Judson has 10 years experience in b2b gambling publishing after sales roles at Betting Business magazine, International Casino Review and Intergamingi, as well as experience at Scientific …
Read More »Tabcorp details Sun Bets as its biggest international initiative
Australian gambling giant Tabcorp Holdings has labelled Sun Bets, its strategic joint-venture with News UK, as the biggest international commercial initiative undertaken in the firm’s history. Officially launched last August, the Sun Bets brand aims to compete against UK legacy operators within the ultra-saturated UK online betting sector, a marketplace estimated to be three times the size of Tabcorp’s Australian …
Read More »Interwetten eyes European ‘Top 5’ slot following remarkable 2016
The board of European sports betting operator Interwetten has labelled 2016 as a ‘remarkable year’ for its business and operations, as the company eyes aggressive future growth within its new and established markets. Presenting its full-year trading results, Interwetten governance detailed that group wagering turnover had increased by 29% to €1.2 billion as the company outperformed its expected 2016 performance …
Read More »Paddy Power Betfair positive on 2016 performance despite unkind Q4 closing
FTSE-listed Paddy Power Betfair Plc (PPB) is the latest industry operator to fall foul of punter-friendly results recorded during Q4 2016. Issuing a trading update ahead of its full-year 2016 results on 7 March, PPB governance detailed that an unkind Q4 2016 closing had cost its operations revenue losses of £40 million on European football results and a further £5 …
Read More »Stanleybet launches €12.5 million ‘virtual events’ claim against Cypriot government
European gambling operator Stanleybet is suing the government of Cyprus for breaching European Union trade and business policies. Filing a claim under Stanleybet Malta, the operator is seeking compensation in excess of €12.5 million for loss of operating profits, legal costs and restriction of services relating to the ‘2012 Betting Law’ which banned wagering on Virtual Sports terminals. Furthermore, Stanleybet …
Read More »GBGA dealt ‘one entity’ blow in UK tax challenge
European Court of Justice Advocate General Maciej Szpunar has dealt a blow to the legal challenge brought by the Gibraltar Betting and Gaming Association (GBGA) against the UK HMRC’s 2014 new tax regime on online gambling duties. Detailing his opinion on GBGA’s ongoing challenge, Szpunar stated that British overseas territory Gibraltar and the UK should be treated as ‘one entity’ with regards to …
Read More »Djokovic defeat opens the door for Murray in Melbourne
Novak Djokovic’s surprise five-set defeat to Denis Istomin in the second round of the Australian Open has opened the door for Andy Murray to claim a first title in Melbourne. The five-time beaten finalist and world number one is now odds on with the bookmakers to lift the trophy in the Rod Laver Arena on 29 January. However, it is …
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