Tag Archives: canada

Amaya continues 2015 growth despite external headwinds

Reporting on its Q3 2015 corporate performance (period ending 30 September), Toronto listed Amaya Inc has reported quarter revenues of CAD $325 million (£160 million) up 8% on Q3 2014’s CAD $300 million. Revenue growth would transfer to EBITDA earnings of CAD 141 million (£70 million) for the period, up 8% on Q3 2014’s CAD $ 130 million. Amaya Q3 net …

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No Deal! Contagious Gaming & Sportech end buyout negotiations

Canadian gambling investment firm Contagious Gaming has confirmed that it will not make a bid to acquire UK betting pools technology provider Sportech Plc. Contagious Gaming issued a corporate statement alerting markets and the media of its decision to withdraw its interest in the Liverpool based operator. Sportech also issued an announcement declaring that it had not received a proposal …

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Cornish hotelier hoping for £60,000 Trump

William Hill will be paying over £60,000 to a Cornish Hotelier if Donald Trump wins the US Presidential Election. John Mappin has staked a series of bets – the most recent one of £1538.46 is the biggest, placed at odds of 13/2 on today – which will result in a £60,000+ payout if the one-time 150/1 outsider ends up in the …

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Bet Buddy – How responsible gaming measures can be brand enhancing

Scott Longley spoke to Bet Buddy founder Simo Dragicevic for SBC to explore how analytics can be used for identifying problem gambling behviour and the benefits of such an approach. We know that the online gambling industry has fallen for data analytics in a big way. What it offers operators in terms of knowing the customer and being able to …

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Sportech extends Contagious Gaming’s takeover bid deadline

Sportech governance has confirmed that it has allowed an extended deadline till 9 October, for Canadian gambling operator Contagious Gaming to table a takeover bid for its assets. The announcement of the extension, is the first communication made by Sportech on its potential takeover bid by Contagious Gaming which was first announced on 18 August. Entering discussions in August Contagious …

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GVC Holdings faces multi-million $ lawsuit for failure of Canadian partnership provisions

London AIM listed gambling group GVC Holdings is reportedly facing a multi-million dollar legal claim by Canadian entertainment consultancy 37 Entertainment which has accused it of reneging on a deal as a result of its involvement in the £1bn takeover bid for bwin.party Entertainment. 37 Entertainment (37E) claims that GVC had agreed terms to launch a 50-50 partnership targeting the …

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Amaya reports strong H1 2015 opening as operator restructures long term debt plan

Issuing a 2015 H1 update, Toronto listed Amaya Inc noted that its customers were embracing its non-poker offerings as the operator recorded a 5% increase in group revenues to CAD $ 656 million (2014: CAD $624 million). Amaya the owning company of PokerStars and Full Tilt gaming brands, would record growth on all key metrics for both Q2 and H1 …

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Stride takes step into social gaming with InfiApps

AIM-listed bingo operator Stride Gaming plc has bought InfiApps Limited, a profitable internationally-focused mobile social gaming company, for up to US$39.2m, over half of which will be paid in cash, while the remainder triggered by earn-out targets over the next two years. The acquisition will provide the Stride Gaming group with an entry into the social gaming segment of online …

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Darius Eghdami – FansUnite – Social Betting: Why Virtual is a Reality

FansUnite was started by three sports fans in Canada, and intends to be a site for fellow fans offering transparency, fun, and top wagering advice via its social betting platform and community. FansUnite  utilises virtual currency meaning, should they opt to, users are able to bet on sports without the risk of losing any actual money. A place for gamblers of …

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Tabcorp signs mobile search agreement with Sprylogics

Sprylogics International Corp a technology provider of semantic search, machine learning and natural language processes, has announced that it has entered into an exclusive agreement with Australia’s Tabcorp The partnership will provide Tabcorp Sprylogics per click advertising revenue, with an annual minimum guaranteed level. Furthermore the operator will see wagering information and markets from TAB.com.au seamlessly integrated into the BreakingSports app news feed. …

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