Tag Archives: london

Jackpotjoy secures new £385 million loan facility targeting long term group savings

SBC News Jackpotjoy secures new £385 million loan facility targeting long term group savings

Updating the market, London-listed online gambling group Jackpotjoy Plc has confirmed that it has secured a £385 million senior secured loan with additional access to a new revolving credit facility. Refinancing its organisation, Jackpotjoy governance will gain access to a £375 million senior loan, with a further £13.5 million made available to the operator via a Revolving Credit Facility. Jackpotjoy …

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High flyer Smarkets looks forward to 2018, following Deloitte ‘Fast 50’ tech recognition

SBC News High flyer Smarkets looks forward to 2018, following Deloitte 'Fast 50' tech recognition

Online betting exchange Smarkets has secured the fourth spot on the ‘Deloitte Fast 50’, an enterprise index listing the ‘fastest growth UK technology businesses’. The only industry enterprise to list in the Deloitte Fast 50, Smarkets joins a prestigious top ten of UK-based technology firms, which is headed up by food delivery platform Deliveroo ranking number 1 for 2017. Recognised by …

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Finance Guru Giles Vardey joins Sportech governance advisory

SBC News Finance Guru Giles Vardey joins Sportech governance advisory

Further to yesterday’s announcement of a shareholder £53 million capital redistribution, London-listed betting systems supplier Sportech Plc has confirmed the appointment of Giles Vardey as independent Non-Executive Director. A 35-year finance executive, Vardey will advise Sportech governance on stakeholder management as the company undertakes a full-scale sale if its business in 2018. In a distinguished career, Vardey has served as …

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Strong brand portfolio sees Jackpotjoy Plc confident of hitting full 2017 expectations

SBC News Strong brand portfolio sees Jackpotjoy Plc confident of hitting full 2017 expectations

Publishing its Q3 2017 trading update (period ending 30 September), London-listed online gambling group Jackpotjoy Group Plc has detailed robust growth across its brand portfolio, with the operator confident of achieving its full-year corporate expectations. The strong revenue momentum recorded across its principal brands of; Jackpotjoy (up 12%) and Vera&John (up 28%), would see the company declare period group revenues …

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Out of play… Squawka in danger of going out of business

SBC News Out of play... Squawka in danger of going out of business

Popular football analysis and news website Squawka (Squawka.com) is fighting to stay in business, as it’s reported that its senior management team is in current discussions with administrators. Last week, Co-founder Leo Harrison tweeted that he was hopeful that Squawka could remain in business, further stating that there was a ‘real possibility of finding a solution’. Regarding the news @Squawka …

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Betway leadership restructure sees Anthony Werkman promoted to CEO

SBC News Betway leadership restructure sees Anthony Werkman promoted to CEO

Online betting firm Betway Group has undertaken a corporate leadership restructure, confirming the promotion of Anthony Werkman current Director of Marketing Operations to Chief Executive Officer. Werkman replaces CEO incumbent Richard Akitt, who has taken the position of Group Chairman, with immediate effect. An experienced industry commercial veteran, Werkman has led Betway marketing operations since 2013, acting as a key …

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Stratagem launches partnership with Offsidegaming

SBC News Stratagem launches partnership with Offsidegaming

London based, Stratagem Technologies (www.stratagem.co) has announced its new partnership with sports betting and casino solutions provider Offsidegaming. As part of the partnership, both companies will work together to build powerful predictive models to further automate Offsidegaming’s sports betting offering. Stratagem’s proprietary AI solutions, which have been in research and development for four years, work alongside customers’ qualitative analysts, providing …

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Betsafe offering memorable experience alongside big punching Bellew

SBC News Betsafe offering memorable experience alongside big punching Bellew

As Tony Bellew looks to repeat his heroic victory over David Haye in their much-anticipated rematch, Betsafe is supporting Bellew on his journey by offering one fan the chance to be a part of Bellew’s ring-walk on fight night. World champion Bellew is a key part of Betsafe’s expansive sponsorship portfolio, the Evertonian is joined by Conor McGregor, Manchester City, Sam …

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Euromat President emphasises the importance of ‘evidence based policy’

SBC News Euromat President emphasises the importance of 'evidence based policy'

The European Gaming and Amusement Federation, Euromat held its Executive Committee meeting at the ENADA Show in Rome this month. The meeting followed on from the group’s new corporate membership acquisitions and  took place as part of the plans of President David Frost to bring the association closer to its members. The most notable part of the meeting saw Euromat …

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