A refinanced Scientific Games Corporation (SGC) has published its 2017 full-year results (period ending 31 December), detailing solid growth across its assets and performance KPIs. The Nasdaq-listed industry technology group details that in 2017, it was able to strengthen its global commercial pipeline, developing a ‘richer revenue mix’ for its operations. Updating investors, SGC details that group revenues increased 7% …
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Playtech wins Totalizator Sportowy Casino & Games contract
Poland’s national lottery operator Totalizator Sportowy has selected Playtech Plc as the lead systems supplier for its online casino platform and games portfolio. The FTSE250 industry technology firm won the exclusive contract following a competitive tender process by Totalizator Sportowy governance. Moving forward, Playtech will integrate its complete online casino platform and games suite, with the technology further providing digital …
Read More »Bookmaker backlash over ARC WiFi introduction
This week’s announcement that The Arena Racing Company (“ARC”) will fully equip all of its 15 racecourses with WiFi by the end of summer 2018, has been met with a negative response from Fair-Bet Bookmakers. The WiFi, which will be powered by Sky WiFi can be used by everyone from customers in the grandstands, paddocks, bars and restaurants, through to …
Read More »Codere returns to profit as new leadership plans for 2018 upgrades
Spanish gambling operator Grupo Codere has published its 2017 full-year results, reporting metric growth across its group assets and KPIs. The refinanced Spanish legacy gambling operator, reports a 6% increase in corporate revenues to €1.6 billion (FY 2016: €1.55 billion). Operating under its restructured corporate recovery plan, Codere reports a 2017 group EBITDA of €246 million, up 26% on corresponding …
Read More »UKGC reports growth of mobile betting in 2017 report
The UK Gambling Commission (UKGC) has published its latest Gambling Participation Report covering the year of 2017. The report provides a unique and comprehensive update on gambling trends across the UK, examining the rates of participation, at-risk gambling and the effectiveness of self exclusions. Breaking down overall gambling participation, the report revealed that in spite of online participation in gambling …
Read More »Secret consortium in talks with Fred Done to revive & reposition The Tote
Sky News has reported that Betfred founder Fred Done is in ‘advanced talks’ to sell a significant stake of The Tote, as Betfred prepares to readjust its UK racing proposition. In 2017, Fred Done publicly stated that Betfred ‘was finished with UK racing’, and that his enterprise could ‘live without the sport’, following Jockey Club and Arena Racing Company (ARC) …
Read More »Ladbrokes Coral researches Arcade strategy
Bookmaker Ladbrokes Coral may adapt its retail strategy, focusing on converting a number of its betting shops into Adult Gaming Centres (AGC), commonly referred to as arcades. At present, the FTSE betting group has the highest betting shop exposure, in relation to the government’s pending triennial review crackdown on FOBTs wagering levels and sector advertising standards. Should the government impose a …
Read More »SBTech announces Polish entry with Etoto partnership
Sports betting solutions provider SBTech has unveiled a new link up with Polish firm Etoto, marking the firms entry into another regulated market. The deal sees the sports betting operator go live with the SBTech gaming platform following the launch of a new retail offering, with the partnership designed to offer a seamless integration of its online business and land based network. …
Read More »ARC to implement Wi-Fi following Sky Business partnership
The Arena Racing Company (ARC) has revealed that its portfolio of racecourses will be fully equipped with Wi-Fi later this year. Powered by Sky, “the UK’s largest public Wi-Fi network,” the solution is set to be in place by the end of summer this year. Martin Cruddace, Chief Executive of ARC, commented: “At what is an exciting time for ARC …
Read More »New look William Hill leadership confident of delivering successful ‘next chapter’
William Hill’s new leadership team is confident of delivering the FTSE bookmaker’s ‘next chapter’ having closed a group-wide transformative 2017. The bookmaker’s £238 million impairment charge on the value of its Australian business, dominated industry headlines last week, as William Hill Chief Executive Philip Bowcock presented full-year 2017 results. Despite the Australian downturn, Bowcock details to investors that William Hill has undertaken …
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