The President of the Racehorse Owners Association Nicholas Cooper has hailed the positive outcomes of the horseracing industry working together. At his association’s Annual General Meeting in London, Cooper described the expected record prize-money of over £160 million in 2018, a resurgence of levy funding and the setting up of a new Racing Authority as “good news for owners”. He …
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Aristocrat hooks Jeff Karp as new Big Fish Games CEO
Australia ASX-listed gambling technology group Aristocrat Leisure has confirmed the appointment of Jeff Karp as Managing Director & President of Big Fish Games, heading up its recently acquired social gaming subsidiary. Seeking to diversify its corporate entity beyond casino technologies, in December 2017 Aristocrat completed its $1 billion acquisition of Seattle-based Big Fish, from former owner Churchill Downs. Regarded as …
Read More »Nominations for the SBC Awards 2018 now open!
The path to glory at this year’s SBC Awards is now clear, after the nomination phase for the 32 prizes on offer was declared open. Now in its fifth year of rewarding and celebrating the very best the industry has to offer, the number of categories has been boosted from 28 to 32, with 12 awards for operators and affiliates, as …
Read More »UK Government rejects ‘distribution updates’ on National Lottery sales
The UK Government has outlined that it has rejected proposals to give weekly updates on ticket sales to firms that share out proceeds to good causes. The rejection comes after a consultation period, following proposals to reform how money is distributed charity from society lotteries. Regarding the consultation period, the government previously detailed that: “Society lotteries play a vital part …
Read More »Spain follows through with tax break for burgeoning online gambling market
Spain’s Parliament has pushed forward with its 2018 fiscal budget, which will implement a significant 5% tax reduction on a number of online gambling/betting services. Spain cuts taxes on gross gambling revenues from 25% to 20% on a range of industry online verticals including sports and exchange betting, online casino games and horseracing. Despite the recent upheaval in Spanish politics, …
Read More »LaBa360 becomes principal sponsor of Burnley FC
English Premier League side Burnley FC have announced a new partnership with online gaming and betting firm LaBa360. The deal is a record breaking one for the Clarets and will see LaBa360 become the principal sponsor of the club, with the operator’s logo taking pride of the place on the club’s home shirt, as they look to build on last …
Read More »Better Collective unveils Austrian acquisitions
In its first acquisition since its recent IPO, Better Collective has completed the purchase of all shares in Austrian based Bola Webinformation GmbH, including its flagship product Wettbasis.com. Bola Webinformation GmbH marks Better Collective’s largest acquisition and allows the firm to expand its already strong presence in German speaking markets. The purchase price has been agreed to €36.3m, of which €30.8m has been …
Read More »Sportradar sends a message about protecting its tennis data
Sportradar has sent a message that it is prepared to protect its data rights and willing to go to some lengths to make sure that the work the firm puts into its data business is not undervalued. To that end, it has now announced it has agreed a settlement with BetConstruct and two unnamed bookmakers regarding its database rights. Sportradar …
Read More »The World Cup’s Finest with KamaGames’ Ionut Chepeneag
In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Ionut Chepeneag, Social Media Manager at KamaGames, begins a new week of delving into the World Cup history books, offering a slight …
Read More »Tough Asia backdrop sees Playtech issue new profit warning
FTSE250 gambling technology group Playtech Plc has today issued a corporate profit warning, detailing continued Asian market woes. Issuing its second Asia related profit warning over the past year, Playtech governance details a continued slowdown of its Asian market operations and services. “As previously reported, average daily revenue in Asia continues to be impacted by an increasingly competitive backdrop. Towards the end …
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