US Nasdaq-listed casino games developer Galaxy Gaming has confirmed the promotion of Todd P Cravens to Chief Executive Officer (CEO), taking over leadership of the firm from Robert Saucier. Cravens is promoted to CEO, having most recently served as President of Business Development for the Las Vegas based games developer. A seasoned US gambling industry executive, Cravens has held senior …
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UK Sports Minister Tracey Crouch has praised national sports bodies for responding positively and ‘working to become compliant’ with the new ‘Code for Sports Governance’ which will be introduced by the end of October. Part of the government’s ‘Sporting Future’ mandate/code presented in December 2015, the UK seeks to become the world leader in sports governance and transparency. The code’s …
Read More »Issuing a trading update, the governance FTSE-listed bookmaker Ladbrokes-Coral has detailed that it is ‘on target’ to hit its full-year corporate targets and expectations following a positive H1 2017 opening driven by strong digital gains. Updating investors, Ladbrokes Coral governance details that it expects Total Group net revenue to be 1% ahead of last year (cc -1%), with total group …
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New York-listed industry lottery and gambling systems provider IGT Group Plc (IGT) has this afternoon announced that it has secured a new $1.5 billion loan agreement which is set to mature from 2023. Updating the market and stakeholders, IGT governance informs that it will use the proceeds from the $1.5 billion loan to repay the ‘€800 million term loans maturing …
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Updating the market, The UK Gambling Commission (UKGC) has announced the launch of its new consumer online support tool ‘Resolver’ to help players make complaints related to gambling Planned to be launched on 1 August, Resolver is a free, independent tool for consumers. It provides information about the issue the consumer wants to complain about, and support to help the …
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Updating the market, industry bespoke betting platform provider FSB Technology (FSB) has announced that it will make Racing Post content and data available to its customer base. Moving forward Racing Post content will be published across FSB platforms, giving client users the most in-depth and informative data for UK and Irish horseracing as well as greyhounds. FSB development detailed that …
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Updating the market, Playtech betting subsidiary Playtech BGT Sports (PBS) is gearing up for a critical new European football season detailing that it has enhanced its Self-Service Betting Terminal (SSBT) capabilities. Ahead of season’s kick off, PBS has added new dynamics to its terminals including a new ‘Goalscorer Coupon’, as well as ‘Asian Handicap’ betting lines for the first time, with …
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John Boyle the founder of Irish Independent bookmaker Boylesports has stepped down from active duty with the company, handing leadership to his son-in-law Conor Gray as new Chief Executive. Last June, Boyle (61) had detailed to Irish media that he was preparing to stand down as leader of the company he founded in 1982, and which has become Ireland’s second …
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Canadian news sources have reported that the Ontario Lottery & Gaming Corporation (OLG) will select an external gambling firm to run its operations for casino and slot machine services within the Greater Toronto Area. Launching a tender, OLG seeks a gambling enterprise to run its Toronto area racetracks of Ajax Downs and Woodbine as well as its Great Blue Heron …
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Updating the market, MGM Resorts International (MGM) has announced the appointment of Marcus Glover as new President & Chief Operating Officer of its Borgata Hotel Casino property in Atlantic City New Jersey. A US casino industry veteran, Glover joins MGM’s executive team from Horseshoe Casino Cleveland Ohio where he served as Senior VP and General Manager (2010-2017). Glover has been …
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