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Pacific Consortium the special vehicle of London private equity firm Macquarie Group and New York hedge fund Kohlberg Kravis Roberts (KKR) will no longer pursue its AUS $7.3 billion (£4.5 billion) acquisition of Australian gambling operator Tatts Group. The deal withdrawal follows Tatts’ board decision not to review Pacific’s latest takeover bid of $4.21-per-share combined with an investor ‘dividends add-on’ which the investment firm …

Seeking to boost its industry M&A and commercial competencies, Toronto TSX-listed Amaya Inc has hired former William Hill Group Director of Strategy and Corporate Development Robin Chhabra. As of yet, Chhabra has been given no official executive title, however joining Amaya he will act as corporate M&A lead as the firm’s governance seeks to expand its industry portfolio. An industry financing expert, …

Don Best Sports is sponsoring Betting on Football 2017, the fourth edition of the largest international football and betting trade conference at Chelsea FC’s Stamford Bridge. Ahead of the 3-5 May event, we spoke to Don Best Managing Director Benjie Cherniak about why football is such an attractive sport for betting, how the market is changing from a consumer perspective …

Malta-based Industry affiliate network RakeTech Group (RakeTech) has confirmed that it has executed a double of acquisition of Agonas AB and Astro Media Group AB (Astro Media) continuing the expansion of its Scandinavian marketing portfolio. The confirmed acquisitions continue RakeTech’s M&A growth strategy, adding Agonas AB a ‘real-time’ Scandinavian TV listings and sports content portals to its network, while Astro …

Mobile gaming specialist LeoVegas has teamed up with Big Time Gaming and LetsGiveItASpin to deliver game changing betting events for live casino streamers. The Swedish-based operator will be revealing ‘Danger High Voltage’, the latest slot from Big Time Gaming, via live stream on 3 May, before making the game available to all its customers for a week via the NYX …

FTSE-listed bookmaker William Hill has culled a number of senior management roles within the firm’s digital division, as the company seeks to restructure and re-strategize its online gambling assets. The restructure has seen William Hill depart with three senior staff members of its digital product operations; Stuart Weston as Sportsbook Director, James Curwen Chief Product Lead and Juergen Reutter Chief Experience …

FTSE-listed Ladbrokes Coral has informed that it will extend Ladbrokes title sponsorship of all Scottish professional football divisions, by agreeing on further terms with the Scottish Professional Football League (SPFL). Ladbrokes has acted as SPFL lead sponsor since 2015. The bookmaker detailed that it wanted to extend its existing £2 million a year sponsorship agreement with SPFL for the upcoming 2017/18 …

William Hill, the official sponsor of Anthony Joshua v Wladimir Klitschko, is predicting the global betting industry turnover could reach £100 million (£20 million in the UK alone) for Saturday’s eagerly awaited world heavyweight showdown. Watford’s Anthony Joshua is at present the 4/9 favourite to win the fight, and in the process add the vacant WBA and IBO titles to his collection. …

The final agenda for Betting on Football has been released, with Mr Green CEO Jesper Kärrbrink just one of the star names signed by SBC Events to deliver a global perspective on the football betting market at Stamford Bridge (3-5 May). The former Svenska Spel CEO will be speaking on the Scandinavian panel at Betting on Football alongside Danske Spil …

Publishing its Q1 2016 results Nasdaq-listed Scientific Games Corporation (SGC) has published its ‘sixth consecutive quarter of growth’, driven by strong machine gaming sales and its interactive division. Q1 2017 revenues rose 6% to $725 million, up from $682 million a year ago. Revenue growth was supported by a 24% increase in global unit shipments and a 33% increase in …