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Adjusted William Hill details confidence in 2019 outlook

The governance of FTSE250 betting group William Hill Plc details confidence in its future outlook as the company advances its digital and US market agendas, having adjusted its enterprise to UK regulatory demands. Publishing its ‘unaudited’ trading statement for the 17 weeks to 30 April 2019, the betting  group records net revenues up 2% ‘reflecting a year of transition in …

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Argentine players seek international tie-ups to secure BA-7 licenses

Argentine news reports of a ‘diverse cast’ of national and international operators vying to secure one of seven Buenos Aires province online gambling licenses. On Monday, the Buenos Aires executive closed its ‘window of submissions’ for operators seeking to join BA’s regulated online gambling marketplace. Argentina’s first legislative code for online gambling was approved last April, as BA districts sanctioned the …

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SBC signs up Champions League finalist for industry tournament

Mendieta

Spanish football legend Gaizka Mendieta will be playing in the second edition of the SBC Championship, held on Wednesday 22 May at Stamford Bridge. Backed by headline sponsor Trustly Group, alongside supporting partners BetConstruct and Catena Media, the 16-team five-a-side football tournament will once again be officiated by former FIFA and Premier League referee Dermot Gallagher. Midfield maestro Mendieta, who …

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Blackstone eyes ‘IPO on the horizon’ for CIRSA

A year following its €2 billion acquisition of Grupo CIRSA, US private equity fund Blackstone Group, is reported to be assessing ‘future options’ for the Spanish market gambling group. Spanish business news source Economia Digital, reports that Blackstone eyes an ‘IPO on the horizon’ for its CIRSA vehicle. Blackstone, which maintains one of gambling’s biggest investment portfolios, is reported to …

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Codere refreshes legacy brand to reflect new global identity

Spanish legacy gambling operator Grupo Codere SA has rebranded its entire corporate identity, seeking to reflect the firm’s ongoing transition as a global gambling enterprise. Last week, Group Chief Executive Vicente Di Loreto presented Codere’s new corporate logo and tagline ‘Contigo Cambiamos el Juego’ – ‘We Change the Game with You’. Updating stakeholders and the media, Di Loreto detailed that an …

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Rafi Ashkenazi – Bold FOX JV is the ideal platform for US domination

Hosting a special conference call, Rafi Ashkenazi Chief Executive of The Stars Group Inc, has detailed further insights and arrangements related to the firm’s announced joint venture ‘FOX Bet’, partnering with US national broadcaster FOX. Securing a 25-year commercial agreement, the Stars Group will act as lead sports betting and igaming services provider for the FOX Corporation. “This partnership gives …

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SuperBet Romania secures £175 million Blackstone backing

US private equity fund Blackstone Group LLP continues to expand its European gambling investment portfolio, confirming that it has invested €175 million in Romania and CIS market bookmaker SuperBet. The transactions sees the US PE firm secure a minority stake in SuperBet, Romania’s largest sports betting operator, through its strategic vehicle ‘Blackstone Tactical Opportunities’. Founded in 2008 by industry investor …

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FOX Sports partnership sees The Stars Group make its US multimedia play

The governance of Toronto TSX-listed The Stars Group Inc has announced the foundation of its first US strategic joint venture ‘FOX Bet’ in partnership with national sports broadcaster FOX Sports a subsidiary of media conglomerate FOX Corporation. Updating investors, the Stars Group details that it will launch a ‘first-of-its-kind’ sports media and wagering venture working alongside FOX Sports. ‘The Stars …

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SIS may appeal High Court judgement on ARC data rights

Grosvenor Sport

The High Court case around data rights between the two main horseracing broadcasters to the betting industry has come to an end, with  Sports Information Services (SIS) being found guilty of breaching the confidentiality of Arena Racing Company’s Raceday Data, but not on the more serious charges of conspiracy by unlawful means or copyright infringement of database rights. SIS said it may …

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Better Collective hits high notes posting strong 2019 opening

Stockholm-listed industry affiliate marketing publisher Better Collective AB has declared a strong start to 2019 trading, as the company benefits from strong customer activity combined with organic efficiencies. Publishing its Q1 2019 trading update (period ending 31 March), Better Collective records a 97% increase in corporate revenues to €14 million (Q12018: €7.5m). During the quarter, Better Collective details that new-depositing-customers …

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