Tag Archives: Richard Carter

SBTech gains Italian ADM certification launching NetBet.it

Sports betting platform and software provider SBTech has informed the market that it has successfully passed its compliance review by the Italian Agency for Customs and Monopolies (ADM), allowing for the firm to provide online betting provisions for the regulated Italian market. Confirming its ADM certification, SBTech has moved to launch its first Italian sportsbook in partnership with European operator …

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SBTech secures Malta MGA Class 4 software Licence

Sports betting software and platform provider SBTech has this morning confirmed that it has secured a full Class 4 Malta Gaming Authority Remote Gaming Licence. Announcing its Malta Class 4  license, SBTech governance declared that it was an important feature of continuing its corporate strategy of expanding the firm’s operations in regulated markets. SBTech adds its Malta MGA Class 4 …

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SBTech launches services in Portugal with bet.pt

Portuguese licensed bookmaker Bet Entertainment Technologies Limited owner of bet.pt has launched its online sportsbook and igaming platform powered by sports betting technology provider SBTech. Following a review of industry services providers, Bet Entertainment chose SBTech provisions to service its bet.pt brand an approved Portuguese-language sports betting portal licensed by the Serviço de Regulação e Inspeção de Jogos do Turismo …

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SBTech secures software licence in Romania

Sports betting supplier SBTech has been granted a B2B Class 2 Software Provider License by the National Gambling Office in Romania.  Romania is the latest regulated European market to license SBTech, which allows the company to continue expanding its existing portfolio of awarded permits in numerous regulated markets such as UK, Ireland, Portugal, and more. Localised sportsbook offerings and unrivalled …

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Richard Carter to take over from Itai Zak as CEO of SBTech

Sport betting technology and software provider SBTech has confirmed that Itai Zak is to step down as CEO with gaming industry leader Richard Carter taking up the post.  Carter, former Director of research at Deutsche Bank, was responsible for running the highly rated European equity gaming franchise for the past seven years John Anderson, Chairman of SBTech, commented: “We are honored to …

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BlackRock snaps up 4.7% stake in Ladbrokes

Investment management firm BlackRock has snapped up a 4.7% stake in Ladbrokes Plc, ahead of tomorrow’s full 2014 financial presentation. The financial firm took advantage of Ladbrokes’ share price dip at the start of the week to acquire its stake in the company. The news of BlackRock’s investment in Ladbrokes has surprised London business analysts as yesterday investment bank Deutsche …

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Deutsche Bank – Gloomy forecast for Ladbrokes in 2015

Ahead of its annual results publication on Thursday 26 February, Ladbrokes share price suffered its worst fall in almost a year after investment firm Deutsche Bank warned investors of harder times ahead for the London listed sports betting operator. Deutsche Bank expects the operator to publish a further year of sizeable market-share losses, and for Ladbrokes profitability to be stalled …

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