Technology

The latest technology news for the gambling industry, sponsored by Finnplay

Picklive AIMs for £10m float

SBC News Picklive AIMs for £10m float

Fantasy sports operator Picklive has announced its plans to raise £5 million capital investment by listing itself on the London Alternative Investment Market (AIM). The potential listing will be managed by ZAI Corporate Finance, if successful in reaching its target investment, the company will be valued at £10 million. Picklive announced that it would use the capital raised to create …

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Metric Gaming partners with ONEworks

SBC News Metric Gaming partners with ONEworks

Sports betting software provider MetricGaming announced today that it has reached a licensing and distribution deal with sports betting provisions provider ONEworks. ONEworks, which has been appointed Metric’s exclusive distributor to sportsbook operators in Asia, will integrate Metric’s  mobile-optimized sports wagering software into its  ONEbook platform, providing ONEworks’ clients and their end users easy access to Metric’s one-of-a-kind betting products, …

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British Basketball League partners with Sportradar

The British Basketball League (BBL) has announced the appointment of Sportradar as their preferred betting data partner for the 2014/15 Season. The data partnership between the two parties, will see BBL fans benefit directly from  Sportradar services committing to increase the number of games covered this season by BBL TV from its previous 30 to 45. The British Basketball League, …

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EIG Start-Up Focus – Jacob List Levbet – Leveraged Betting

Business Correspondent Mark McGuinness caught up with EiG 2014 Pitch Winner  Levbet.net CEO and co-founder Jacob List for an update on developing sports betting in the image of financial market trading, especially Leveraged sports betting. Jake List is the founder of LevBet, a startup platform for trading sports betting odds with leveraged financial products.  Trained in equal parts across betting, …

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Henrik Tjärnström outlines Unibet mobile growth & innovation

SBC News Henrik Tjärnström outlines Unibet mobile growth & innovation

Having  reported Unibet Plc’s best ever financial quarter performance last week, recording a doubling in net profits to £16.5 million, Unibet CEO Henrik Tjärnström outlined that the operator would continue to invest and innovate through its mobile channels in order to maintain its positive momentum. Speaking to investors, Unibet’s CEO hailed the operators mobile product strategy which Tjärnström claimed was innovative …

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Synot Group targets Spanish gambling market

SBC News Synot Group targets Spanish gambling market

Czech Republic licensed lottery and gambling group, Synot has announced its expansion into the Spanish gambling market. Synot Group will launch its Spanish gaming initiatives under the name Synot Gaming Spain SL. Synot Gaming Spain will look to offer video lottery and gambling terminals to local gambling providers. Synot have chosen to enter the market, as Spanish gambling regulators allow …

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Bally Technologies reports 23% decline in net income

SBC News Bally Technologies reports 23% decline in net income

Casino equipment manufacturer Bally Technologies reported a 23% decline of $28.8 million (£18 million) (2013 $37.8 million) in its net income for its first quarter fiscal performance for 2015. During the period ending 30 September, Bally Technologies had posted record revenues of $320.8 million (+ 29% 2013: $249.3 million), with gaming operations setting an all-time quarter revenue performance of $106 …

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Playtech plans UK POC supplier strategy

SBC News Playtech plans UK POC supplier strategy

Playtech senior management have stated that it will renegotiate supplier terms with its operators, in order to prepare its igaming technology and provisions network for the changes in market conditions that will be applied by the imminent Point of Consumption (POC) tax. Speaking after Playtech’s Q3 corporate performance presentation, Chief Financial Officer Ron Hoffman said that the company had begun …

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EiG Berlin Review : A global debate on the future of iGaming

SBC News EiG Berlin Review : A global debate on the future of iGaming

Berlin, 28 October 2014 – A record number of international visitors and gaming operators to this year’s EiG in Berlin enjoyed an inspiring venue in the heart of the capital’s start-up hub as well as lively debates with global thought-leaders from inside and outside the industry. Last week’s EiG 2014 at the Arena Berlin delivered a packed schedule of unmissable …

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Increased player activity sees Unibet hit record performance

SBC News Increased player activity sees Unibet hit record performance

Swedish listed Unibet Group, posted a record quarter performance as the operator doubled its net profits to £16.5 million (Q3 2013 – £8.2 million). The operator noted that its positive performance had been driven by high levels of player activity witnessed during the period. Unibet Group witnessed a 25% increase of £80.4 million in Gross Win revenues. The operator was …

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