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Chinese Security Ministry warns officials & business leaders of surveillance in Macau

The Chinese Security Ministry has continued its hardened stance against corruption in Macau, by warning mainland officials and Chinese business leaders that they would be monitored if they visited Macau gambling enterprises. The hardened approach to Macau casino enterprises is part of President Xi Jinping’s wider ongoing effort to curve Chinese corruption through the ‘Tigers & Flies’ special taskforce. Xi …

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GTECH to de-list from Milan exchange on 2 April

GTECH SpA governance has announced that its shares are to be de-listed on from the Milan bourse on 2 April, following its expected completion of US International Game Technology on 7 April. GTECH will form a new company under the name IGT, as the new merged gambling technology operator expects to float on the New York Stock Exchange. The announcement …

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Annie Power’s fall saves bookmakers millions

UK bookmakers faced a nightmare start to the 2015 Cheltenham Festival, as heavily backed Willie Mullins horses won their races. Day 1 at Cheltenham dealt bookmakers three mighty blows from the Mullins stable as jockey Ruby Walsh won the Sky Bet Supreme Novices Hurdles riding Douvan, the Racing Post Arkle Trophy Chase riding Un De Sceaux and the Stan James …

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Coral’s Cheltenham Festival webcast proves a hit with online viewers

Coral has declared its live Cheltenham Festival webcast a great success after attracting thousands of online viewers. The bookmaker took over £30,000 worth of bets during the two hour show which trended on Twitter in the UK throughout its live transmission from their headquarters in Stratford, east London. A panel chaired by Channel 4 Racing presenter Nick Luck provided tips and …

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William Hill lines up UK sports stars for Cheltenham charity ‘Tipping Challenge’ for NSPCC

William Hill has lined up some of the biggest names in UK sports to raise money for the NSPCC during the Cheltenham Festival 2015 by putting the sports stars racing tips to the test. The William Hill ‘Tipping Challenge 2015′ will invite sports stars such as World Champion boxers Carl ‘The Cobra’ Froch and Ricky ‘The Hitman’ Hatton to pick …

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Bookmakers gear up for legendary Cheltenham Festival 2015

UK bookmakers are gearing up for four days of enticing racing at the 2015 Cheltenham Festival (10-14 March), as UK Racing’s biggest event prepares to say goodbye to champion rider AP McCoy. McCoy a Cheltenham legend with three Champion Hurdles, two Gold Cups and a Champions Chase win, will be looking to add to his festival haul for one last …

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VSoftCo appoints Simon Westbury as Director of Sales

VSoftCo Ltd, a specialist software development company in the global virtual sports market, part of Kevin McCabe’s Yorkshire based Esplanade Group, announces that it has appointed Simon Westbury as Director of Sales to support the company’s ambitious expansion plans. Simon brings a wealth of knowledge and expertise to VSoftCo having worked at numerous leading gaming companies. He most notably worked …

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Betfred TV plans to be the best destination for Cheltenham Festival punters

As next week’s Cheltenham Festival approaches (10-13 March), Manchester bookmaker Betfred plans to make its racing channel Betfred TV the best destination for horse racing enthusiasts to follow. The in-house TV Channel which is broadcast to its 1400 high street shops will also stream some of their preview content at www.betfred.com including on Sunday night at 6pm a special Cheltenham Preview evening featuring top jockey Richard …

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Fortuna Entertainment records retail & digital growth in 2014

Eastern European gambling operator Fortuna Entertainment reported year-on-year growth as the operator reached €674 million in wagering revenues up 18.5% on 2013 figures (€567 million). Fortuna Entertainment reported growth on all top line metrics, as the operator recorded EBITDA revenues of €28.4 million up 6.4% on FY 2013 €26.7 million. The operator sustained a 2014 net profit of €15.9 million …

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Macau crackdown sees windfall for Asian casino operators

Recording its first ever downturn as a gambling hub, Macau has seen a revenue decline of 2.6% to $44 billion (2014). After a decade of expansion, Macau is now the centre of the Chinese Security Ministry and President Xi Jinping ongoing fight against corruption. The city’s misfortune however has proved to be beneficial to other Asian casino operators, who have …

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