Tag Archives: canada

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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C290 bill dead as Canadian Senate enters recess

To no one’s surprise the Canadian Parliament and Senate entered its summer recess, without reviewing the proposed single sports betting bill C290. The bill which aimed to amend Canada’s criminal code with regards to sports betting, would allow single sports wagers to be accepted in licensed gambling premises failed to gain its Senate review despite optimism at the start of …

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NBA drops opposition to Canadian sports betting bill C290

The NBA has become the first US pro league to openly drop its opposition towards the Canadian single sports betting bill C290. Following the conclusion of the NBA 2015 Finals this week, the Canadian Gaming Association disclosed a statement noting the support of NBA for sports betting in Canada “as long as there is an appropriate legislative framework that protects …

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Smarkets appoints first marketing chief

European betting exchange Smarkets has appointed Alexander Wheldon as the company’s first Chief Marketing Officer (CMO). The new role was created to expand on Smarkets’s growth over the past year and support development of its primary UK customer base and help the business enter new markets. Smarkets has grown considerably over the past year, showing 400% YOY growth. With pre-tax …

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