Ladbrokes plc’s wholly-owned subsidiary Ladbrokes Group Finance plc (LGF) has announced the launch of a retail bond which will enable Ladbrokes to diversify its sources of debt finance and extend the maturity profile of its debt. The 5.125 percent Sterling Bonds are available to wholesale and retail investors, are guaranteed by Ladbrokes, offer a fixed …
Leeds-based pooled football, darts and rugby betting firm Bets of Mates co-owner David McGurk has listed 22 percent of the company on crowd funding site crowdcube.com in a bid to raise GBP 200 000. McGurk, a former York City professional football player retired from the sport earlier this year and is refocusing his efforts on …
Novomatic Group game developer GreenTube has promoted Gernot Baumgartner to the position of Head of Marketing and Sales. Baumgartner will oversee all strategic and operational developments in the B2B area and holds responsibility for all marketing and sales procedures. GreenTube said Baumgartner’s experience in establishing strong business relations, his hands-on digital marketing experience and a …
Playtech chief operating officer, Shay Segev, has been appointed chief executive officer of Playtech Retail. Segev joined Playtech in 2006 as chief operating officer of Videobet and was appointed to serve as chief operating officer of Playtech in 2011. Playtech’s retail offer is built on its Videobet subsidiary’s technology and which the company says will …
Everymatrix’s web API product was used to develop and build the newly launched Nordic operator Buck & Butler (see previous report). “After much planning, we are very glad to introduce Buck and Butler”, said Stein Gunnar Strand, chief executive officer and founder of Buck and Butler. “An innovative casino with great, new games that the …
Online gambling group Bwin.Party Digital Entertainment has announced that its payment processing subsidiary, Kalixa, has acquired PXP Solutions, a well-established card payments company for an undisclosed consideration. A Bwin.Party spokesman said the move is an important step in accelerating Bwin’s three-year plan to expand Kalixa and increase its proportion of revenues coming from outside the …
Ronan Crowley, a 33-year-old manager at a Boylesports retail betting shop in Cork, Ireland developed such a penchant for sports betting that over a two year period he stole hundreds of thousands of Euros from his employers and, incredibly, was able to do so undetected for some time. This week he paid the price when …
Amaya Gaming Group posted a response to what it terms “trading activity that may stem from market rumours that have come to the company’s attention regarding a potential strategic acquisition”, without making any specific mention of PokerStars (see previous report). Amaya said it regularly evaluates potential acquisition opportunities which may lead to discussions with potential …
Irish and British Bookmakers are anticipating a rewarding World Cup boosted by younger tech savvy punters utilising mobile live match action and in-play betting options. Terry Pattinson, trading director for William Hill said the company is anticipating double the turnover of circa GBP 100 million in 2010. Pattinson identified two “new aspects of customer behaviour” …
Inspired Gaming Group (IGG) has taken its virtual sports live in retail with major Italian concessionaire Gamenet. “Following this partnership, Gamenet will be able to provide an even more extensive games library”, said Francesco Mastantuoni, General Director of Gamenet Betting. “Inspired’s wide range of premium Virtual Sports are now available in many of our venues …
Atlantis Internet Group (ATIG), in partnership with Wiki Betting, will enter the social gaming market with a sportsbook exchange operation on Facebook. ATIG is the operation behind the Tribal Gaming Network (TGN) that offers intranet gaming for Indian casinos in around 28 U.S. States. Its newest initiative, via an app made available on the TGN, …
Due to energetic police enforcement efforts, Malaysia has become a risky area for illegal online gambling operators, but it remains a lucrative and tempting business with yearly revenues estimated at RM 7.9 billion, according to a weekend report in the publication Metro Ahad. Much of the illegal betting is carried out online through makeshift internet …
Sydney-based NextGen Gaming, the Australian games studio for the NYX Gaming Group, has announced the Flash and HTML5 release of Merlin’s Magic Respins. The new game is a sequel to the popular 2012 Merlin’s Millions, and features 50 win lines over 5 reels, with stacked wilds and an exclusive multi-level SuperBet mechanic behind three bonus …
According to local media reports Friday’s California Conference on Online Gaming organised by Capitol Weekly was a generally positive and informative affair attended by an impressive number of knowledgeable industry people. That fact alone should have warned politician Fabian Nunez – a spokesman for Sheldon Adelson’s Coalition to Stop Internet Gambling (CSIG) – to stay …
If lawmakers in Jamaica approve amendments to the Betting, Gaming and Lotteries Act, the government will benefit from tax revenues, and the new industry would encourage more economic growth, say proposers of a measure seeking to licence and regulate online gambling. Among those supporting the proposals is the chairman of the Betting, Gaming and Lotteries …
Only sketchy details are currently available on a report in the Thai media that Pattaya police have busted an illegal online sportsbetting enterprise operated behind a bar by a 59-year-old New Zealander named as Philip Smith. Smith told police he had been accepting bets and paying according to the website rate, while receiving a commission, …
The decision by the American Gaming Association to pull-back from its support for regulated and licensed online gambling in the United States (see previous reports) will have little impact on the course that Massachusetts might take on the issue, according to statements by two senior state officials over the weekend. It interviews with the Boston …
Soaring share prices and a remarkable trading volume on Amaya Gaming late Friday – the stock surged almost 14 percent to close at $10.25 on trading volumes five times the normal daily average – have triggered speculation that something positive is on the go at the online gambling software provider. With rumours circulating rapidly despite …
New Jersey online gambling operators have been taken by surprise at the slow take-up of their products by online gamblers despite substantial marketing investments, but remain upbeat about the potential of the genre and are reassessing their marketing strategies, according to a Bloomberg business news report Saturday. Revenues in the month of April were down …
Industry veteran Victor Chandler has announced that he is to step down as chairman of BetVictor following the news that the online casino and sportsbook company has been taken over by racecourse owner and major investor Michael Tabor. Chandler’s experience will not be lost, however – he has agreed to act as a consultant for …
Online casino operator Vera & John is concluding a competitive marketing agency pitch to decide who will handle its foray into the British market scheduled for July this year. The company has budgeted GBP 3 million for initial PR and marketing, which will be overseen by chief marketing officer Jason Gallucci, formerly the chief executive …
Win, the social gaming company created and backed by Bwin.Party Digital Entertainment, announced the launch of its first real money-enabled social casino game, Teddy Pets on Friday. The real-money version of the company’s proven social gaming title will be carried on Bwin.Party websites like Bwin.com and Partycasino.com, and will be followed by a country-by-country roll-out …
Nicky Senyard, the founder and CEO of the affiliate management group Income Access, has announced the upcoming launch of a digital marketing agency titled Access Digital Marketing, which will specialise in digital marketing strategy for e-gaming, social gaming and land-based casino operators as well as the forex and financial trading sector. Since she founded Income …
Mobile and social casino gambling operator Gamzio Mobile, Inc. has acquired the Facebook social casino app Go-Go Casino as part of its strategy to aggressively grow through acquisitions and organic player acquisition. The Go-Go casino app is currently in redevelopment by Gamzio to address recent declines caused by a lack of upgrades and technology innovation, …