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SG Digital passes Cheltenham Festival test with flying colours

Cheltenham - Copyright: argus456 / 123RF Stock Photo

SG Digital, the interactive division of Scientific Games, has published its trading data from last week’s 2019 Cheltenham Festival (12-15 March) detailing that its OpenBet sportsbook platforms processed a combined 48 million bets during the event. Servicing the industry’s largest portfolio of tier-1 sportsbook clients during the flagship week of UK racing, SG Digital states that its OpenBet systems maintained a …

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Bundesrat moves forward on complex German licensing framework

SBC News Bundesrat moves forward on complex German licensing framework

Germany’s sixteen federal states have approved the mandate of the ‘third amended Interstate Treaty on Gambling’, paving the way for a new national licensing regime to be implemented. Agreeing on Bundesrat (Federal Council) directives, the northern state of Schleswig-Holstein will be allowed to continue it’s operating its state-sanctioned online gambling regulatory regime allowing a number of licensed incumbents to continue …

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Dutch KSA appoints ‘Security Pro’ Ronald Prins to lead advisory

SBC News Dutch KSA appoints 'Security Pro' Ronald Prins to lead advisory

Kansspelautoriteit (KSA) the gambling regulatory authority for the Netherlands has confirmed the appointment of Ronald Prins as new Chairman of the KSA Advisory Board, succeeding incumbent Arthur Docters van Leeuwen. Established in 2014, the KSA Advisory Board assists the regulatory authority and wider stakeholders with advice and guidance on a number of disciplines, ranging from policy making, gambling standards, public …

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Irish Dáil confirms new gambling authority for revamped market

SBC News Irish Dáil confirms new gambling authority for revamped market

A key week for Irish gambling sees the Dáil confirm that a new gambling regulatory authority will be formed, tasked with monitoring and regulating all components of Irish online and retail gambling/betting. The new authority will act as an independent body reporting to Ireland’s Department of Justice, in which Its formation forms the key directive of a report submitted by …

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SIS: Rohini Sardana – Engaging new audiences in the esports world

SBC News SIS: Rohini Sardana - Engaging new audiences in the esports world

Back in February, racing content and sports data provider SIS (Sports Information Services) launched its new esports-focused Competitive Gaming, a betting product tailored to esports sportsbooks. In a catch up with the Head of Product Propositions at SIS, Rohini Sardana, we discussed how the first month has been for Competitive Gaming. Sardana told SBC about the decision behind the expansion …

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CIRSA states its intent on dominating ‘All Spanish Markets’ under Blackstone

SBC News CIRSA states its intent on dominating 'All Spanish Markets' under Blackstone

Publishing its private accounts, Spanish gambling firm Grupo CIRSA has detailed solid corporate progress and growth, completing its first year under the ownership of US multi-national private equity firm Blackstone. The Spanish legacy gambling group records 2018 group revenues of €1.4 billion, combined with operating profits of €368 million, up 5% on its 2017 performance. Issuing a corporate statement, Joaquim …

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Sportech closes year of US realignment recording £2.4 million loss

SBC News Sportech closes year of US realignment recording £2.4 million loss

London-listed racing and wagering systems supplier Sportech Plc has published its full-year 2018 results, detailing a year of corporate adjustments as the company continues to pursue its US growth prospects. Updating the market, Sportech records a 4% decline in corporate revenues to £64 million (FY2017: £66 million) having detailed last November that expected sales contracts did not materialise. Despite its …

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BetConstruct Live Casino suite secures UKGC accreditation

SBC News BetConstruct Live Casino suite secures UKGC accreditation

Industry technology supplier BetConstruct has secured a major operating mandate, confirming that it has been granted a UK Gambling Commission (UKGC) licence for its live casino suite. The BetConstruct Live Casino offering now features Baccarat, Speed Baccarat, Super Six Baccarat, Roulette, Blackjack, Bet On Poker, Russian Poker and Dragon Tiger games, all broadcasted in many languages featuring the exciting multi-camera …

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Scientific Games fulfils $1 billion 2026 debt note financing

SBC News Scientific Games fulfils $1 billion 2026 debt note financing

The governance of Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has confirmed that it has completed its $1.1 billion private note offering, first announced on 6 March 2019. The transaction is aggregate to 8.25% of SGC senior unsecured debt-notes, due for repayment in 2026 at an issue price of 100%. SGC governance intends to use the debt proceeds to …

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