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Luckia points to a ‘cautious approach’ for Portuguese market entry

Spanish gambling group Luckia (Grupo Egasa) has confirmed that it will expand its commercial operations within Portugal, having been granted a license to operate sports betting and gambling provisions by Portuguese authorities. Closing its 2017 accounts, in which the Galician operator recorded group revenues €500 million, Luckia governance states that ‘Portugal will be the firm’s next new market destination’. However, …

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British racing elevates sponsorship opportunities

The British Horseracing Authority (BHA) has announced that advertising on British racecourses will join other major sports by featuring digital LED (light-emitting diode) displays on the landing side of fences. The move to expand the sport’s sponsorship opportunities comes following a consultation with the courses, the Racecourse Association (RCA) and participants including trainers and jockeys – as well as trials …

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DSWV seeks for ‘constructive voice’ with Kindred & Playtech as new members

German industry trade body Der Deutsche Sportwettenverband (DSWV) has expanded its membership, welcoming FTSE250 Playtech Plc and Stockholm-listed Kindred Group to its ranks. Updating stakeholders, DSWV governance details that as a trade body it now represents over 90% of the active German sports betting market. DSWV increases its representation of sports betting technology provisions, with Playtech group as a new …

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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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InCrowd’s John O’Connor: Learning from the success of our World Cup FTP game

O'Connor - InCrowd

Back in July, we sat down with John O’Connor, head of business development and sports betting at InCrowd, to chat about InCrowd’s partnership with Sky Sports to deliver a World Cup game that would raise anticipation levels ahead of the kick-off in Russia. After perhaps the most successful World Cup of all time in regard to global engagement and social …

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Global Gaming promotes Joacim Möller to Group CEO

The governance of Stockholm-listed igaming operator, Global Gaming has confirmed the promotion of Joacim Möller as new Group CEO with immediate effect. Möller previously held the position of Chief People & Organisation Officer plus COO of Global Gaming since January 2017, and has further acted as interim-CEO since May 2018 replacing former leadership incumbent Stefan Olsson. Global Gaming’s new leader is a …

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M88 on board with Leicester City as official betting partner

Copyright: moovstock / 123RF Stock Photo

Asian centric online betting and gambling site M88 has agreed a deal with English Premier League outfit Leicester City, that sees the firm become the club’s official betting partner. Under the terms of the deal the company is to leverage the 2015/16 Premiership champions global brand across its marketing activities, as M88, who offers sports betting, casino and slots based …

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EveryMatrix continues growth with Maltese base

Accommodating its future commercial growth strategy, industry platform and technology services provider  EveryMatrix has unveiled the development of its new office in Malta. EveryMatrix’s Maltese expansion has been led by new Chief Commercial Officer (CCO) Ian Freeman who joined the company in H1 2018 from competitor Kambi Group Plc. Securing a new single-point location for EveryMatrix commercial operations, Freeman will be …

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Betway enhances esports presence with Invictus Gaming deal

Invictus Gaming

Online bookmaker Betway has strengthened its esports presence, inking a deal with the Invictus Gaming (IG) team for the upcoming Dota 2 pro season, including this month’s The International 2018. Under the terms of the agreement Betway is to have exclusive access to the team for content creation purposes, whilst IG is to also have the bookies logo emblazoned on …

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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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