BNDES – Brazil’s National Bank for Social Development has scheduled a new auction for the sale of state-owned instant games (scratch & win) operator Loteria Instantânea Exclusiva (LOTEX) to be held on 29 November 2018. The tender of LOTEX was first announced on August 2017, with the Brazilian Finance Ministry targeting a BRL 4 billion (€1.2 billion) for its complete divestment …
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Hall of Fame ‘perfect finish’ to successful Betting on Sports
The third Sports Betting Hall of Fame evening at the spectacular Natural History Museum has been hailed as the perfect conclusion to last week’s hugely successful Betting on Sports 2018. Set against the stunning backdrop of London’s Natural History Museum and hosted by former Sky Sports favourite Kirsty Gallacher, the awards saw five industry legends recognised for their tremendous contributions to the world of …
Read More »Intralot secures one-year extension of Iddaa Turkey contract
Athens-listed gambling and lottery systems provider Intralot SPA has confirmed that its Turkish subsidiary INTELTEK will continue to act as lead ‘operations and technical support partner’ of Iddaa betting shop/points. Issuing a short market update, Intralot confirms that Turkish state-owned gambling enterprise SporToto has agreed to extend its Iddaa technology agreement with INTELTEK for a further year, commencing 29 August …
Read More »Yggdrasil unites with Nektan to “fast track expansion”
Gaming software and services provider Nektan has unveiled a new deal with Yggdrasil, which will see content from the slot developer go live on its operated online casinos. Expanding its suite of games, Nektan details that this latest agreement “greatly increases the variety of games” at the disposal of its operator partners. Michael Byrne, chief operating officer of B2C at Nektan, commented: “We’re …
Read More »Betting on Sports Week welcomes 250 expert speakers to Olympia London
Betting on Sports Week will present no fewer than 250 thought leaders, innovators and decision makers gathered from the sports betting, esports, casino, affiliates, media and sports sectors. The speakers will all play an integral role in making this year’s Betting on Sports conference the biggest and best on record, with the event taking place from 18-21 September at London’s …
Read More »Gamenet aims for Italian top spot with €265 million acquisition of GoldBet
Italian gambling group Gruppo Gamenet SPA has today signed a ‘binding agreement’ to acquire a 100% share capital in betting operator GoldBet offering a deal-value of €265 million (£240 million) Updating the market, Gamenet will move to acquire outright Goldbet’s 990 Italian betting points, and will further gain the firm’s related digital properties. At present, Goldbet is considered Italy’s biggest …
Read More »SBC Events hits the bullseye with Betting on Sports Week agenda
The CEO of the Professional Darts Corporation (PDC), the Chief Legal Officer of the PGA Tour and a five-time snooker World Champion will join the strongest lineup of speakers the sports betting industry has ever seen. The PDC’s Matt Porter, Len Brown from the PGA Tour and Ronnie O’Sullivan were just three of the names that caught the eye as …
Read More »Three new members announced for Sports Betting Hall of Fame
Nominations have opened for the latest inductees to the Sports Betting Hall of Fame, which recognises those people who have made an outstanding contribution to the industry. In a revamped ceremony, this year’s Hall of Famers will be recognised at a lavish event held at the prestigious National History Museum (Thursday 20 September) during Betting on Sports Week. This year …
Read More »Intralot records revenue growth but increased debt for Q1 2018
Athens listed gambling technology and lottery systems supplier Intralot recorded solid revenue growth for its Q1 2018 trading. The firm reports a modest gross gaming revenue (GGR) increase of 2.5% for Q1 2018, which was further complemented by solid revenue (+12.7%) and EBITDA growth (+15.6%), while group revenues rose by 4.3% in Q1 2018 compared to the previous period of 2017. …
Read More »Nikos Konstakis appointed as SG Digital’s VP of Sportsbook Product
Scientific Games Corporation has strengthened the senior management team of SG Digital with the appointment of Nikos Konstakis as its new Vice President of Sportsbook Product. Konstakis will be responsible for overseeing OpenBet’s product development roadmap and delivering and enhancing its sportsbook proposition for its customers following the Supreme Court’s overturning of PASPA. Konstakis has a wealth of industry …
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