Following a management buyout of eCOGRA earlier in the year, the organisation has restructured and streamlined the Board to reflect the Company’s current ownership. As a result of the restructuring Non-Executive Directors Michael Hirst OBE, Bill Galston OBE and Frank Catania will be leaving the Board as of December 31, 2011. The new Board will …
Digital sports content provider PERFORM announced the acquisitions of WatchandTrade Limited and Global Sports Media B.V. in two separate transactions this week. PERFORM has acquired the remaining 40 percent of WatchandTrade for a GBP 550 000 initial cash consideration with a maximum cash consideration of GBP 5.85 million based on full year EBITDA results of …
Management Today has published the results of its 21st “Britain’s Most Admired Companies” (BMAC) survey where over 200 of the United Kingdom’s largest businesses are ranked by peer and competitor review on a range of topics including: – Corporate reputation, – Quality of Management, – Financial Soundness, – Quality of Goods & Services, – Ability …
Malta-headquartered online gambling firm Betsson’s licence application to operate in Denmark’s newly regulated gaming market has been granted with the award of a 5-year licence from the Danish Gambling Authority, this week. A three-year sponsorship deal between Betsson’s Betsafe.com and the Danish Football Federation, agreed in March this year that hinged on the award of …
The veteran internet gambling group Sportingbet plc has posted a good start to its new financial year, reporting that trading for the first 19 weeks has been in line with management’s expectations. Sports Net Gaming Revenue was up 9 percent on a like for like basis and total NGR rose an impressive 37 percent, the …
Playtech plc, the internet gambling software developer and turnkey provider, has announced its acquisition of London-based games developer Ash Gaming on the following terms: * Total cash consideration of up to GBP 23 million, comprising initial consideration of GBP 15.5 million and deferred contingent consideration of up to GBP 7.5 million * Strong revenue and …
Social gaming giant Zynga’s forthcoming and keenly anticipated IPO moved forward Thursday with the company pricing its offering at $10 a share – at the top end of analyst’s expectations, according to the New York Times. The offering – the largest for an American Internet company since Google – raised $1 billion, and values the …
One of the online gambling industry’s pioneer software development companies, Cryptologic Limited, may soon become a subsidiary in the burgeoning Amaya Gaming group, which snapped up another internet gambling software firm, Chartwell Technology earlier this year. In a regulatory disclosure Thursday, Cryptologic made the customary cautionary statement that a deal may not be concluded, but …
The Danish Gaming Authority kept to its schedule Thursday, releasing details of licensees who will be positioned to offer Danish players their products when the market is liberalised in January 2012. Among the 38 companies from 55 countries who have successfully applied are Nordic Odds Limited (Nordicbet); Gnuf Limited (Gnuf, Betway etc); Hillside Limited (Bet365); …
Online gambling software developer and provider GTech G2 has signed a six year partnership with Szerencsejatek Zrt, the Hungarian national lottery operator and the largest gambling service provider in Hungary. The lottery has exclusive rights to operate lotto style games, scratch tickets and sports wagering products throughout the country. GTechG2 will provide the lottery with …
After months of debate, fifteen of Germany’s sixteen Lander (provinces or states) gave their approval on Thursday to a controversial new gambling law supposedly aimed at liberalising the heavily monopolised market, but de facto offering limited improvements on the old treaty. The current draft of the law, which has been widely criticised, not least by …
William Hill plc’s very substantial media planning and buying account, worth GBP 15 million, has been awarded to the Aegis Media-owned Vizeum agency, reports Media Week. Vizeum won the business in the face of stiff opposition after a final pitch in compeition with MEC and Ominicom Group’s Manning Gottlieb OMD. “This is an awesome win …
A thirty-five year old man in Norway is probably celebrating an early Christmas after winning Euros 100 000 playing freespins on the slot machine Dead or Alive at online casino Mr Green this week. “I am euphoric over my winnings. This year there will be some really nice presents under the Christmas tree”, said the …
The Advocate General of the European Court of Justice issued a landmark opinion Thursday regarding the controversial issue of whether the publication of sports fixture lists infringes the copyright of sports bodies and leagues claiming ownership. In his opinion Advocate General Paolo Mengozzi, refuted the claims of Football DataCo and the English and Scottish football …
The successful partnership between Dorna Sports S.L. and Bwin.party is to continue for another two seasons, the company has announced, revealing that it has extended its MotoGP sponsorship through 2013. The high profile presence of bwin at MotoGP stretches back to 2004 and has been reaffirmed with the title sponsorship of two MotoGP Grands Prix; …
Microgaming’s QuickFire online gambling software has been taken on board by Comeon.com, a multi-software online casino, poker and sports betting website operated under a Malta licence by Come On Europe Limited. Comeon.com is targeted primarily on Europe and South America, an international diversity that prompted it to work with QuickFire. The deal with ComeOn is …
The Rank Group plc has announced the appointment as an independent non-executive director of Colin Child with effect from 1 January 2012. He will also join Rank’s audit and finance committees. Child, age 54, is a Chartered Accountant and currently group finance director of De La Rue plc, the commercial security printer and papermaker. His …
The Swedish online gambling software developer and turnkey provider Net Entertainment has announced the appointment of Per Eriksson as chief executive officer of the group, taking up his responsibilities on March 1 2011. Eriksson is presently serving as CEO and President of Dustin Group AB. Prior to that, he had a long career with Dell, …
Today (Thursday) the industry is expecting to see which online gambling companies have managed to secure Danish licensing as that nation’s gambling liberalisation program takes another step forward. Further details have also emerged on the consequences of the recently announced delays in the Damish Gaming Authority’s ID verification through DanID, which will not be ready …
Online gambling software developer and provider Openbet has appointed former Microsoft UK business manager Amanda Bicknell as sales director. Bicknell will have commercial responsibility for OpenBet’s existing sportsbook and casino customers, including betting giants like William Hill, Ladbrokes, Paddy Power and Sky Bet. She will also be responsible for managing, strengthening and developing key partner …
Bulldog777.com, licensed to Olympian Trading Limited who operates under Netherland Antilles and Kahnawake gaming licenses, has re-launched adding Microgaming’s Quickfire Casino and Live Dealer casino product as well as undertaking a major integration with EveryMatrix and its OddsMatrix, GamMatrix, PartnerMatrix and Next Bingo Network. The website will also integrate the mobile products attached to Quickfire …
Irish bookmaker Paddy Power plc has announced the retirement of Fintan Drury, Non-executive Director and former Chairman of Paddy Power plc from May 2003 to December 2008. Drury’s retirement from the board is with effect from December 14, 2011 after more than nine years’ service. Nigel Northridge, Chairman, Paddy Power plc, said: “On behalf of …
Sportech plc-owned Vernon’s, better known for its “The Football Pools”, has announced the official launch of its online casino and poker room this week. The new Vernons Casino is built on Playtech gaming software and provides a range of slots, table games, card games, video poker and arcade games and offers a 100 percent bonus …
As a prelude to the Morris Mohawk Gaming Group’s licencing agreement expiring at the end of this year, the Bodog brand has announced in an e-mail that it has withdrawn from the U.S. market and will no longer be available to U.S. customers as of today. U.S.-facing customers, however, have been promised a new look, …