Tag Archives: bwin.party

OtherLevels agrees deal with bwin.party

As reported by iGaming Business, OtherLevels has agreed a deal with bwin.party to manage the online operator’s digital communication reach across its range of mobile products. Under the agreement, the OtherLevels digital marketing platform will help bwin.party to engage users with more relevant and timely content across its mobile applications. The partnership will cover a host of key product areas, …

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bwin.party stops trading on London Stock Exchange

bwin.party Entertainment has issued a corporate statement this morning, detailing that it has suspended trading of its stock on the London Stock Exchange. The operator detailed that the UK Scheme Court Hearing had approved its acquisition by GVC Holdings, bwin.party has suspended its trading in accordance with the UK Listing Authority. Releasing the short statement bwin.party governance confirmed its delisting …

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Kenneth Alexander – GVC Holdings eyes FTSE 250 entry

Speaking last weekend to The Daily Telegraph, GVC Holdings CEO Kenneth Alexander detailed his company’s ambitious plans for its +£1 billion takeover of bwin.party Entertainment. Having gained shareholder approval to finalise its leveraged takeover of the Gibraltar based online gambling operator, Alexander stated to The Telegraph that should GVC governance successfully integrate bwin.party services, the new business entity would become …

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bwin.party reports 5% revenue uplift in final FTSE trading update

FTSE 250 listed betting operator bwin.party Entertainment ends a tough 2015 on a positive note, recording a 5% Q4 2015 revenue uplift. Issuing a trading update, bwin.party detailed that its improved performance had been driven by its sports betting and casino divisions, which had been aided by mobile product enhancements introduced during the quarter. bwin.party governance further detailed that the …

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bwin.party shareholders green-light GVC acquisition

bwin.party Entertainment shareholders have formally approved the firm’s £1.1 billion acquisition by London AIM listed operator GVC Holdings (GVC). Hosting a shareholder ‘extraordinary meeting’, bwin.party governance announced that 99.99% of its investors approved in favour of the reverse takeover by GVC. GVC and bwin.party governance will now work together to officially complete the deal by Q1 2016 and begin the …

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Golan Shaked confirms exit as bwin.party Director of Games

Golan Shaked Group Director of Games for bwin.party Entertainment confirmed last week to industry news source EGR Magazine that he will depart the operator as soon as it completes its acquisition by GVC Holdings. EGR Magazine reports that Shaked was offered to retain his senior executive role within the new merged enterprise, however the long term serving group director has …

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GVC reports strong Q4 trading ahead of bwin.party integration

Issuing a trading update for its Q4 2015 performance (period ending 30 November), London AIM listed GVC Holdings reported a 12% net gaming revenue growth with the operator averaging NGR of €716,000. GVC highlighted that its improved performance had been driven by an uplift in its sports wagering which had grown to an average of €4.9 million representing an increase …

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bwin.party extends supplier partnership with Danske Spil

bwin.party Entertainment has confirmed that it will remain the key supplier of platforms and content for Danish state owned operator Danske Spil, following the agreement of a multi-year supplier services extension. The extension by Danke Spil has been granted till 2019, and furthers its ongoing bwin.party partnership which has been active since 2012 when the operator launched casino and poker …

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Springowl’s Silvers leaves bwin.party board

Daniel Silvers one of the non-executive directors appointed to the board of bwin.party Entertainment by investment fund Springowl has stepped down from the governance position. Silvers exits the bwin.party board having withdrawn from his position as Springowl President. Recommended by bwin.party activist investor Jason Ader CEO of Springowl (owner of 5.1% of bwin.party shares). Silvers had been appointed in May …

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GVC Holdings turns down approaches for bwin.party assets

UK newspaper the Daily Telegraph has reported that GVC Holdings governance has rebuffed a number of offers interested in acquiring its bwin.party Entertainment assets. The Aim listed operator, stated to the newspaper that it had been approached by interested parties in the potential sale of UK bingo operator Cashcade and its B2C brand Foxy Bingo. GVC had received further interest …

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