On the search for "Sportingbet%20Casino" we found the following results:
The Spanish gambling group Codere appears to be intent on whittling down potential competition in its newly liberalised and regulated home market, launching a series of legal actions seeking injunctions against prominent online gambling operators. Targets have included the Austrian publicly listed group Bwin, online poker giant Pokerstars and sports betting group Sportingbet. Codere’s take …
Online sportsbetting and gaming group Sportingbet has announced the completion of its acquisition of the entire issued share capital of Danish-focused Danbook Limited and Scandic Bookmakers Limited for an aggregate maximum of GBP 8.5 million broken down into GBP 4 million in cash and GBP 0.5 million in Sportingbet shares with a further GBP 4 …
Sportingbet PLC’s Spanish-facing websites miapuesta.com and miapuesta.es have been slapped with an order to cease all activity and suspend financial transactions as a precautionary measure by the Council of Ministers’ Madrid Mercantile Court 10 reports opergame.com. The order was issued as a result of legal action initiated by Spanish gambling group Codere against several unlicensed …
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 …
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 …
Sportingbet Australia entered into a major sponsorship deal with the Melbourne Racing Club this week. The sponsorship entitles Sportingbet to the naming rights of Sandown Racecourse which will become Sportingbet Park, additional sponsorship commitments including the Sportingbet Sandown Cup, strong marketing presence and race sponsorships at the Club’s flagship track, Caulfield and being named exclusive …
The Veteran online gambling group Sportingbet plc posted its unaudited results for the first quarter ended 31 October 2011 this week, showcasing a rise in revenues of 17 percent overall, to GBP 59.9 million. Financial highlights of the results included: * Amounts wagered up 35 percent to GBP 693.7 million (Q1 2010: GBP 513.9 million) …
The main hurdle facing the sale of Sportingbet plc’s legally troublesome Turkish operations to GVC was overcome Thursday following a company general meeting at which the deal was overwhelmingly approved by 72.6 of shareholders. Last month Sportingbet said it would dispose of its Turkish operations for at least Euros 143 million ($196 million) in cash …
Interesting new information has come to light on Sportingbet plc’s sale deal of its Turkish language website superbahis.com and associated offshore assets to East Pioneer Corporation B.V. supported by a services agreement with GVC Sports, a subsidiary of GVC Holdings plc. This week Bloomberg business news reports that on October 14 (the same day the …
It appears from stock exchange notifications this week that Sportingbet plc has reached agreement with fellow online gambling group GVC on the sale of its Turkish language website. Sportingbet’s Turkish activity has been frequently cited as a stumbling block for any attempts to buy the company by rival groups like 888 and Ladbrokes. In its …
Hours after his company had abandoned acquisition talks with an online gambling company, Ladbrokes chief exec Richard Glynn shared his thoughts with the Daily Mail, saying that he is still on the acquisition trail to expand his company’s online presence despite failing for a second time to agree a deal with a major rival. Ladbrokes …
Ladbrokes plc and Sportingbet plc’s potential offer talks initiated in June this year have been mutually terminated by both companies in an RNS statement made to the stock market this week. Ladbrokes had until October 17 to put a formal bid for Sportingbet on the table according to the City Code on Takeover and Mergers. …
Without citing its informants, the British newspaper The Sunday Times reported over the weekend that the Isle of Man-based GVC internet gambling group is close to clinching the acquisition of Sportingbet plc’s Turkish operations. Both companies have reported their negotiations in the recent past. Picking up on the story, the Reuters news agency noted over …
The international online betting group Sportingbet plc has posted its results for the fiscal year ended July 31, reporting EBITDA up by 11 percent to GBP 51.4 million pounds ($79 million). Key highlights in the company’s year included: *Discussions are continuing with Ladbrokes regarding a possible offer for the entire issued share capital of the …
On June 23, 2011, the UK internet gambling group Sportingbet plc received an approach regarding a possible offer for the company from Ladbrokes plc and since then discussions between the two parties have been taking place. This week the duo announced to the stock exchange that they were still in discussions, and that a further …
Sportingbet has finalised its acquisition of Australian online betting operator Centrebet, making the company the biggest operator in the Australian market. Following the approval of Centrebet shareholders and the Federal Court of Australia as well as the suspension and delisting of Centrebet’s shares from the Australian Securities Exchange today, Centrebet has officially become a wholly-owned …
The Daily Mail newspaper in the UK reported over the weekend that the takeover of online betting group Sportingbet.com by rival land and internet gambling provider Ladbrokes could be completed in September. The report, from unidentified sources, claims that the main hurdles to the deal – including the consideration – have almost been overcome. Sportingbet …
The Isle of Man-based online gambling operator GVC Holdings has confirmed media speculation that it is in talks with Sportingbet plc regarding the possible purchase of the latter’s Turkish online gambling operation. In a statement released this week, GVC management advised the market: “The Board of GVC Holdings PLC (AIM:GVC)…..notes the recent press speculation and …
Online gambling operator Sportingbet is reported to be on the verge of divesting of its Turkish-facing operation following a strategic review. In a statement this week the company said : “The company confirms that, as part of its long term strategy of increasing the proportion of its business mix derived from regulated markets, it is …
Online sports betting group Sportingbet has announced the appointment of Rory Macnamara as a non-executive director and chairman of its audit committee, with immediate effect. Macnamara qualified as an ACA with Price Waterhouse before joining Morgan Grenfell, later Deutsche Morgan Grenfell, in 1981 as an investment banker. Over the following seventeen years he advised clients …
Ladbrokes, a major listed online and land gambling group in the UK, has made a preliminary takeover approach for rival Sportingbet, sending Sportingbet’s shares surging higher, reports the Reuters news agency. “Further to recent press speculation, the board of Sportingbet announces that it has received a highly preliminary approach from Ladbrokes plc, which may or …
Sportingbet, a UK-listed online gambling group with Australian interests, released its third quarter financial results this week, showcasing positive revenues, particularly from Australian wagering. Key performance indicators for the quarter included: * Amounts wagered in Australia up 14 percent * Like for like European sports Net Gaming Revenue up 12 percent * Emerging Markets division …
The Channel Islands-based online betting group Sportingbet is reportedly making overtures to the government of Hungary regarding the legalisation of online gambling, according to the business publication Világgazdaság.
Australian online bookmaker SportingBet Australia has signed a sponsorship deal with Greyhound Racing NSW.