Retail

Paddy Power puts Greece at 4/1 to drop the Euro

The shift of political power in Greece following last Sunday’s national elections which saw radical left wing party Syriza take control under the leadership of new Prime Minister Alexis Tsipras, has not gone unnoticed by bookmakers. This week Paddy Power had announced that Greece is now 4/1 to drop the Euro currency within four years, as Syriza leaders and Tsipras …

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IGT reports 17% decline in corporate revenue performance

US gambling technology provider International Game Technology (IGT), reported its Q1 2015  earnings report (3 months ending 31 December), as the operator recorded a 17% revenue decline to $450.6 million (2013 – 541.2 million ) IGT senior management stated that the decline in revenues was attributed to decreasing sales of products and content for its land based casino division. The …

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Churchill Downs appoints Aditi Gokhale as Senior Vice President

Churchill Downs Incorporated  announced t that Aditi Javeri Gokhale, Senior Vice President – Digital for Nutrisystem, Inc., was appointed as a Class III director to the Company’s board of directors. Gokhale will serve on the 10-member board until the 2015 annual meeting of shareholders where she will be nominated for election by the shareholders. Robert L. Evans, Chairman, said, “We …

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Nikos Kryvossidis appointed CTO of Camelot Group

UK national lottery operator Camelot Group Plc, has announced the appointment of Nikos Kryvossidis as Chief Technology Officer (CTO) of its operations. Kryvossidis joins Camelot Group, from sports betting technology provider Openbet were he headed up sportsbook and casino technology operations as Senior Vice President. The appointment of Kryvossidis as CTO, sees Camelot expand its technology resources and competencies as …

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Kiron & Vermantia to launch African Virtual Games portfolio

Kiron Interactive has partnered with distribution and broadcast expert Vermantia to set up the first pan-African satellite channel dedicated to virtual games. The premium service will showcase their market-leading Virtual Games portfolio, including horses, dogs, football, motor-racing and cycling, with plans to introduce other virtual sports and number games – including Keno – later this year. The 24/7 channel, featuring …

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Bookmakers launch GambleAware week

The UK’s high street betting shops have officially launched GambleAware Week as part of their ongoing commitment to promote responsible gambling. The week is designed to educate customers about the tools available to help them stay in control and includes measures to increase the number of players setting voluntary limits on gaming machines. It coincides with the launch of new …

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BCLC launches OpenBet Promote system

Sports betting platform provider Openbet has partnered with BCLC (British Columbia Lottery Corporation) to deploy its next generation Promote system in the casino environment. Promote has been integrated to a gigantic 12-screen display to create a cinematic-style experience at the venue in New Westminster, British Columbia, Canada. The new screen will completely change the customer experience within the venue and …

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IGT shareholders to vote on GTECH merger

International Game Technology (IGT) shareholders will vote on 10 February to pass the planned $.6.4 billion merger agreement with GTECH SpA. The shareholder vote will be held at MGM Grand Lad Vegas, and will require the approval of Nevada Gaming Board. If approved the merger will see GTECH and IGT form a new company head-quartered in the UK. IGT agreed last …

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German Handball League forms data partnership with Sportradar

The German Handball League (HBL)  has announced a data partnership with Sportradar, who will become the league’s “Official Data Partner”, starting with the upcoming 2015/16 season. Under the agreement, Sportradar will be granted the right to exclusively collect, archive and distribute “Official HBL Data” to both the media and betting industry as well as to the HBL itself and its …

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PGI providing pools technology for Dubai racing

Isle of Man-based Premier Gateway International Ltd (PGI) is working with the Emirates Racing Authority as the host of the international horse race betting pools for this year’s Dubai racing season, which includes the Dubai World Cup Carnival – the richest race meeting in the world. The Dubai World Cup Carnival is a series of 11 highly-competitive race meetings that …

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