Technology

Financial trading operator Plus500, the company which is currently a £460 million takeover target of leading igaming technology provider Playtech has proceeded to reactivate customer accounts. Plus500 sees itself at the centre of an anti-money laundering investigation by the UK Financial Conduct Authority (FCA). The regulator has halted Plus500’s abilities to trade and service transactions, which has seen the company’s share …

Following an active start to 2015 which saw a successful product launch at ICE in February, Wikibetting will be adding several brands from the Offsidegaming platform to their Peer to Peer Social betting partnerships. Offsidegaming launched in 2008, and have formed a large global network of set ups: from online betting companies in Latin America, to betting terminals in Africa and Eastern …

Hedge fund Odey Asset Management (Odey AM), the largest shareholder in Playtech takeover target Plus500 is set to oppose the £460 million takeover bid put forward by the igaming technology provider last week. Odey AM has slammed the offer made by Playtech, labelling the bid as “opportunistic”, since it exploits Plus500’s current UK trading difficulties. Odey  further noted that Playtech …

European igaming and sports betting operator Guts.com has confirmed that it has ended its platform services partnership with igaming technology provider EveryMatrix. The operator confirmed that it successfully migrated its product range to its parent company developed Gaming Innovation Group’s iGaming Cloud Platform on 1 June. Guts.com will continue to utilise EveryMatrix’s price feed solution OddsMatrix. The platform migration follows …

The Atlantic Lottery Corporation (ALC) has announced that it will write down its $8.7 million capital investment in UK lottery games operator Geonomics. ALC confirmed that following a review of its investment in Geonomics, the operating firm of UK based location lottery game GeoLotto, the company had clearly failed to deliver on its projected growth. ALC governance had determined that …

Gambling technology provider Aristocrat Leisure has confirmed the sale of it Japanese division to Fields Corp, a Japanese gaming machines manufacturer who specialises in pachinko style games content. Following a strategic review of its operations, Aristocrat governance decided it was best to sell its Japanese operations, which consist of KK Aristocrat and KK Spikey products and services. The company had …

The starting gun has been fired on the race to become the 2015 EiG Start-Up LaunchPad winner after Clarion Events, in partnership with GamCrowd, announced that submissions are now being accepted for this year’s competition in Berlin, Germany. Organisers are expecting the hugely popular LaunchPad, which last year attracted a record number of more than 30 entries, to generate plenty …

Sports data distributor Enetpulse has announced that it will separate its in-play data division into its own business unit which will be named InPlay Sports Data (InPlay). The decision to separate the division follows a strategic review by Enetpulse management and senior investors who decided that a move would allow for its in-play project to garner its own identity. The new …

Chicago based fantasy sports start-up SportsLock has confirmed that it has secured $5 million in Series A funding. The start-up founded by Ross Keral (CEO) and Todd Heyden (CRO), enters the burgeoning US fantasy sports market labelling itself as the ‘Customizable fantasy sports experience’. SportsLock is aiming to establish itself as the leader in head to head tournament fantasy sports play, …

Inspired Gaming provider of virtual sports content , mobile games and SBG video lottery terminals, has confirmed the launch of two new HTML5 mobile games to be added to client William Hill omni channel portfolio. The blockbuster omni-channel hit game “Centurion” and the innovative episodic HTML5 mobile game “Spirit of the Samurai.” Centurion is Inspired’s biggest bonus game to date. Set …