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Teddy Sagi cashes in on 10% of Playtech Plc

SBC News Teddy Sagi cashes in on 10% of Playtech Plc

Financial news sources have reported this morning, that Teddy Sagi, founder of Playtech Plc has sold 10% of his equity in the FTSE-listed gambling technology supplier. The news sees Sagi one of the UK’s richest businessmen reduce his stake in Playtech from 33.6 to 23.6%. The sale transaction of 32.2 million shares will be carried out by Sagi’s investment firm …

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Betfair expects Zach to maintain Richmond but bookmaker does not rule out a Lib Dem comeback

SBC News Betfair expects Zach to maintain Richmond but bookmaker does not rule out a Lib Dem comeback

Betfair expects Zach Goldsmith to maintain his Richmond Park constituency, despite resigning from the Conservative Party last October following the decision by Government to approve a third runway at Heathrow airport. Goldsmith priced at 1.3 by Betfair, will run unopposed for by the Conservative Party who have backed their former MP as an independent candidate for Richmond Park. However, Betfair …

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Vermantia expands virtual games portfolio with LEAP Gaming

SBC News Vermantia expands virtual games portfolio with LEAP Gaming

Vermantia has announced a new partnership deal with LEAP Gaming, a provider with over nine years’ experience of creating realistic 3D Games and Virtual Sports products across multiple platforms. The partnership enables Vermantia to expand its virtual games portfolio by adding new virtual sports, including Virtual Tennis and Virtual Speedway, all available for retail, online and mobile. The new games …

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Bingo on the march with Stride Gaming

SBC News Bingo on the march with Stride Gaming

UK-facing bingo brands Moon Bingo and Robin Hood bingo helped push revenues up substantially at Stride Gaming which bought the sites as part of an acquisition in the summer. The two brands came with the Tarco assets bought alongside Netboost media and 8Ball for a combined £70 million in July. The acquisitions contributed to the 22 percent rise in net …

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ahaWorld acquires majority stake in South American betting operator

SBC News ahaWorld acquires majority stake in South American betting operator

Updating the market, Swedish Aktietorget-listed igaming operator ahaWorld has detailed that it will enter the South American betting market having acquired a majority of equity in an unnamed regional operator. ahaWorld governance informed investors that the company had signed a ‘letter of intent’ for the transaction of a 51% stake in the South American enterprise. The operator will further be …

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SBC launches Hall of Fame to recognise individual achievements

SBC News SBC launches Hall of Fame to recognise individual achievements

Sports Betting Community is proud to announce the launch of the Sports Betting Hall of Fame, a new initiative created to recognise outstanding individual achievements within the sports betting industry. At next week’s SBC Awards 2016 on 7 December, SBC will recognise three members of the sports betting community who have made a real difference to the sector over the …

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AOC aims to arrest decline by emulating Britain’s lottery system

SBC News AOC aims to arrest decline by emulating Britain’s lottery system

Australia’s Olympic Committee (AOC) President John Coates has thrown ‘100% support’ behind calls for an A$50 million (£29.86 million) lottery to boost funding for sport in the country. The proposal comes after Australia’s disappointing 10th place finish in the medals table at Rio 2016, which continued a decline from fourth place in both Sydney (2000) and Athens (2004). Coates made …

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