Technology

bwin.party PLC have announced that its net revenue and cashflow will be reviewed in 2015 due to new European Union (EU) VAT rules that came into action this January. The operator expects to pay an additional €15 million in VAT, due to recent changes EU tax regulations concerning digital business/services. Changes to EU VAT regulations concerning digital services, has seen …

Cherry has decided to phase out its involvement in the Swedish sports lottery Klubblo, as the conditions for conducting the business have changed. The Swedish gaming regulator, Lotteriinspektionen, has changed the application of the regulatory framework, which has made it impossible for Klubblo to cooperate with sports associations whose federations are not members of the sports alliance Idrottsalliansen. Some major …

ICE 2015 and London Baby are less than a week away! Team SBC caught up with London Baby sponsor Tim Rehder CEO of Cubits, the Bitcoin trading platform  that allows customers to buy bitcoin in minutes, making it one of the fastest digital currency platforms in Europe. SBC: What has your company and its services and operations learned from 2014? Tim: Quality …

Rank Group’s digital gaming division Rank Interactive has announced that it will migrate its core digital gaming platform from Openbet to new igaming supplier Bede Gaming. Rank announced its major development move in its H1 2014 report, as the operator looks to gain greater control and flexibility over its digital product platform. The deal with Bede Gaming will not affect …

Betradar,  supplier of sports and betting related data, has announced the successful launch of its retail Live Channel across selected mybet shops across Europe. The dedicated branded channel was introduced and implemented as “Mybet.tv” at of beginning of January. The Live Channel Retail product developed by Betradar provides a unique combination of live odds, live statistics and most importantly, live …

Football mega jackpots operator  Colossus Bets, has announced that it has signed an agreement with ONEworks for the distribution of Colossus Bets’ pools betting products. The agreement will see ONEworks integrating Colossus Bets pools into its platform and making those pools available to ONEworks licensees. Bernard Marantelli, Founder and CEO of Colossus Bets commented on the agreement: “We are delighted …

Clarion Gaming organisers of ICE 2015 have stated that a record total of 60 sovereign states and self-governing territories will be represented by exhibitors on the show floor. The figure is three more than the record set at last year’s exhibition and confirms ICE as the most international event in world gaming. In addition to the UK the list of …

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 …

Presented by GamCrowd.com and Clarion Events, Pitch ICE is a new free-to-attend event at ICE Totally Gaming this year. Taking place at Stand N7-460, it is a unique opportunity for entrepreneurs to showcase their ideas in front of attendees and potential investors at ICE 2015. The final line-up of 20 start-ups will each have a 15 minute slot to sell …

In a recent interview with Computing.co.uk’s Sooraj Shah (21 Jan), bet365 Chief Information Officer Martin Davies stated that the company was not committed to adopting the latest ‘hot’ technologies. Davies stated that although bet365 were technology driven, its operational knowledge and competence gave it the abilities to asses the latest corporate technology trends and their potential impacts on its business …