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Issuing a corporate update Oslo listed Gaming Innovation Group (GIG) has detailed that it will look to place 23 million new shares at a target price of NOK 1.95 per share. GIG governance aims to raise an estimated NOK 45 million (€4.8 million) through the planned share placement, which will be directed by Swedbank Robur Fonder a leading Scandinavian asset …

Following Part 1’s assessment of the key occurrences in the eSports industry from a business perspective in the opening six months of 2015, here’s more of the same for the latter part of the year. August Ashton Kutcher became the latest high profile investor in eSports as he joined billionaire Mark Cuban in investing in Unikrn. Kutcher has a successful …

ICE Totally Gaming has teamed up with Sports Betting Community (SBC) once again to provide two Official Sports Betting Tours of the exhibition floor during ICE Totally Gaming. The tours are designed to give delegates the opportunity to mix with key industry suppliers and to discover the latest products that will help their business thrive in a competitive market. The …

2015 looked set to be a big year for eSports, but on many accounts it ended up being somewhat larger than many anticipated. Viewer numbers increased, both live and online, with 36 million tuning into the League of Legends World Championship final whilst tournament prize pools also grew. The prize pool for the International Dota 2 tournament this year was $18m …

UK newspaper The Sunday Times has named Betfair Chief Executive Breon Corcoran as “Business Person of the Year 2015”. In a special feature written by The Times leisure correspondent Peter Evans and titled “Gambling Geek”, Corcoran details his tenure to date as leader of Betfair, which has seen the CEO transform the operator from its 2011 post IPO decline into …

SBCnews caught up with Kelly Eden, Head of TXTRADER at TXODDS, to find out what he made of the industry’s progress in 2015 and beyond. SBC: What industry development caught your eye this year? KE: Betting and gambling in Africa, particularly sports betting seems to be getting bigger and more widespread there. Football is and always will be the biggest …

As 2015 comes to a close SBC caught up with Jeevan Jeyaratnam to pick his brain over all the goings on across the industry over the past year, as well as predictions for the next. Jeevan is a senior trader and odds compiler for Super Soccer Oddsfeed. SBC: What industry development caught your eye this year? Jeevan: Elaborated on further down, it …

Paul Petrie, co-founder of Scottish online bookmaker McBookie, takes a look at how the industry developed this year. SBC: What industry development caught your eye this year? Paul: For us Cash-Out has been the most significant development to our business. I know a few bookmakers have had it for a while – although there are some still to incorporate it …

There will be no time to celebrate Christmas for Paddy Power and Betfair governances as the shareholders of both companies have agreed outright to approve the £6.2 billion merger deal. Holding simultaneous ‘extraordinary meetings’ on Monday 21 December in which shareholders filed their votes, the merger deal saw a 99% investor approval, gaining a further significant step towards the creation of …

Scott Longley assesses the upcoming UK CMA review of the Ladbrokes-Coral merger and how the deal will shake-up all sections of the UK betting sector. The phony war is over. The announcement yesterday that the £2.3bn Ladbrokes Coral merger has been officially notified to the Competition and Markets Authority (CMA) means we now have something of a timetable for whether …