GVC Holdings Plc, a gaming holding company, announced the full redemption of the Ladbrokes Coral bookmaker after the merger was approved by the High Court of England and Wales. An initial bid of £3.2bn, representing a government judgement of a £2 maximum spin, could potentially rise to £4bn, should that …
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The largest poker site PokerStars announced the change of the classic Texas Hold’em format with the help of Split Hold’em. If you’ve played Texas Hold’em before, or seen it on TV, the rules of Split Hold’em are easy to pick up as the games are very similar. The crucial difference …
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Greek gambling company Intralot unveiled its financial results for 2017. Greek gaming company said EBITDA was at €171.5m (€210m) for the 12-month period, with that figure up more than 14% at a constant exchange rate. Group revenue increased by around 11% to just over €1.1bn. The company’s systems handled €24.0bn …
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One of the largest British bookmakers Paddy Power Betfair appointed Jonathan Hill as its new chief financial officer and replace Alex Gersh, who, as previously announced, advised the Board of his intention to step down upon appointment of a successor. The role will be a familiar one for Hill who …
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The world famous PokerStars poker room is getting ready for launch in India after the parent company Stars Group has entered into a partnership with the game company Sugal & Damani, which deals with online games and lotteries. Terms of the agreement between the companies have not been announced, but …
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iGaming company Bethard, which works with Zlatan Ibrahimovic, postponed the launch of his marketing campaign because of fears that it could violate the rules of the English Football Association (FA). The online gambling group which at present times targets the Nordic betting markets, released a statement announcing that it had …
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Last December one of the most famous online bookmakers all over the world, Bwin, makes step by entering the Russian market. The next bookmaker, which will offer its services to the Russians, may be BetStars. This was reported by Rafi Ashkenazi, general director of BetStars. Speaking on the analyst call, …
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Online casino Play Fortuna announced the beginning of cooperation with the supplier of gambling 3D content, Betsoft Gaming. As part of the agreement, PlayFortuna integrates a wide range of Betsoft cross-platform content – all this complies with relevant regulatory standards, including games from the Slots3 collection. PlayFortuna orientates on CIS …
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The Danish gambling regulator (DGA) announced the financial results of gambling companies for the last quarter of 2017. Revenues from gambling for the last quarter of 2017 increased by 6.9 percent. This indicator includes the results of online and terrestrial casinos, slot machines and the rest of the market. Online …
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Finnish gambling provider, Finnplay, has signed a partnership agreement with Nolimit City The companies have agreed on a long-term cooperation, under the terms of which Finnplay shall have full access to Nolimit City’s diverse slot games content library, which includes WiXX, Casino Win Spin, Oktoberfest, Space Arcade and the Kitchen …
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The supplier of gambling software Kambi, specializing in software for bookmakers, has entered into a partnership with the gambling brand Casumo. Under the terms of the contract Kambi will provide its Sportsbook and technology services, including open APIs, to Casumo to build a sports betting experience with gamification at its …
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The growth rates of gross gambling profits (GGR) in the Macau gambling market are truly impressive. The aggregate total revenue from gross gambling revenue (GGR) in Macau in 2017 increased by 19.1 percent compared to the same period last year and amounted to 26.26 billion euros. During the first two …
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Austrian gambling operator with a worldwide reputation Bet-at-Home provided a financial report for 12 months of last year, which recorded growth in all key financial indicators. Bet-at-home record full-year gross revenues of €145 million, up 5% on FY2016’s €138 million, despite facing restrictions within its Polish market operations. Bookmaker noted …
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A provider of igaming solutions for operators and white labels, Aspire Global, is entering the newly regulated Portuguese market, following an agreement with media group Cofina. Aspire Global entered the newly regulated Portuguese market at the end of September, 2017, through the launch of the casino Nossa Aposta, the gaming …
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The Swedish company for the development of online slots Quickspin announced a deal agreement with the developer of casino games Softgamings. The online casino provider and gaming systems aggregator said the single integration will allow for increased performance utilizing Quickspin’s products. SoftGamings and Quickspin plan to increase the performance of …
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The chief executive of Paddy Power Betfair has surprised investors by announcing that £20 million will be spent on winning back market share. This step came as the company unveiled their results for 2017, which showed revenue up 13 per cent to £1.745 billion and underlying ebitda up 18 per …
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American magazine Forbes published the annual list of the richest people. Amazon founder Jeff Bezos has topped Forbes magazine’s annual rich list for the first time, overtaking Microsoft’s Bill Gates. Forbes estimates that Mr Bezos, who founded the online retail giant in 1994, is worth $112bn, up $39bn in last …
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In the entertainment complex of New York, Resorts World Catskills opened the largest poker room in the state of 500 square meters. Resorts World Catskills’ new poker room is the largest of any commercial casino in New York State. Open 24 hours a day, it includes 19 tables, 80 dealers …
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Authentic Gaming signed a strategic agreement with the Betsson Group, focused on Authentic Gaming’s premium offering, such as streaming from Foxwood Resort Casino in the USA. Under the terms of contract Authentic Gaming will launch its entire product portfolio, including premium tables. The agreement covers all of the Betsson Group’s …
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Specializing in working with sports information and with digital content, Sportradar has extended the existing agreement with the International Tennis Federation. The tennis body will now have access to Integrity Services Sportradar services. Sportradar will use its fraud detection system to monitor and analyze bet patterns in more than 50,000 …
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