Belarus President Alexander Lukashenko signed legislation that defines the gambling business. The legislation provides better definition to the industry, including the organization and administration of online gambling activity through a virtual casino. The document has legalized online gambling in online casinos. Online gambling can be organized only by those with …
Read More »Sportcast strikes a deal with Ladbrokes Australia
Sportcast, which has offices in the UK and Australia, signed a partnership deal with Ladbrokes Australia that will enable the bookmaker to offer punters the chance to combine any bet within the same accumulator. Software provider supports five different integration methods, allowing the company to respond to the unique requirements …
Read More »William Hill plans to buy Penn National Gaming
Sports wagering giant William Hill talks about further expand its operations across the Atlantic. The bookmaker had begun talks to create some sort of arrangement with American casino company Penn National Gaming. If it goes ahead, the deal will see the FTSE 250 firm merge its sports betting technology with …
Read More »Playtech finally swallowed Snaitech
London-based online gaming and financial trading company Playtech Plc has announced that it has finally completed the acquisition Italian gaming company Snaitech. Playtech said that it took over the remaining 3.5 percent minority shareholding of Snaitech through its wholly-owned Italian subsidiary Pluto (Italia) SPA. Minority shareholders reportedly got cash consideration …
Read More »Bet365 strikes partnership deals with 10 La Liga teams
British online betting company Bet365 has announced deals to be the sponsor of ten different soccer teams in Spain’s La Liga. Among them – RCD Espanyol, Villarreal, Athletic Club, Real Betis, Getafe, SD Huesca, Celta Vigo, Rayo Vallecano, Real Valladolid and SD Éibar. The economic terms have not been disclosed …
Read More »Dafabet signed a sponsorship deal with Celtic
Scottish football giants Celtic has signed a five-year renewal of its deal with shirt sponsor Dafabet, the Philippines-based betting company. The first partnership signed with Celtic in 2016, but has now extended the deal to 2025 in what the Scottish Sun newspaper has labelled “the biggest ever shirt sponsorship deal …
Read More »Zeal Group is looking for potential expansion markets
Frankfurt-listed European digital lottery operator ZEAL Group has reported a significant financial growth in the first half of the year. Revenue at the lottery games company, whose divisions include Lottovate and myLotto24, was up 17% to €73m ($84.8m) in the six months to June 30, while billings also increased slightly …
Read More »CrownBet got a new name – BetEasy
Famous Australian sports-betting site CrownBet has found a new name and has dubbed the operations BetEasy. This changing comes after CrownBet acquired the Australian assets of British wagering giant William Hill in a recent takeover. BetEasy will combine the hundreds of thousands of customers of CrownBet and William Hill Australia, …
Read More »Blackstone plans to acquire Codere
US multi-national private equity firm Blackstone has desire to buy Grupo Codere, Spain’s largest gambling operator. Earlier this year Blackstone purchased Spain’s Cirsa and is reportedly looking to further enhance its presence in the country. Codere cited its performance in Latin American countries Argentina and Mexico as among the main …
Read More »Snaitech launches in Spain
The Italian gaming giant, recently acquired by Playtech, Snaitech plans to launch retail operations in Spain through the BetSmart platform after merging with the operator Apuestas de España. Snaitech will offer various online and mobile sports betting applications, as well as gaming terminals and payment processing services. Snaitech will provide …
Read More »MGM Resorts agreed a deal with GVC Holdings
MGM Resorts International has agreed on a joint venture with GVC Holdings Plc to set up an online betting platform in the United States. GVC and MGM have agreed to inject US$100mln each as part of the 50/50 joint venture, which is expected to be formed ahead of the professional …
Read More »Gamenet Group acquires GoldBet
Italian gaming team Gamenet Group announced the purchase of Italian operator GoldBet for €265 million. Gambling experts believe that this acquisition of 100% of the share capital of GoldBet will allow Gamenet to become the largest network in Italy, and to increase the number of its retail outlets to 1,700. …
Read More »Kindred increased revenue up 31% in the 2Q
The Stockholm-listed Kindred Group reported a 31 percent increase in gross revenue in the second quarter of 2018 to £219m and £426m for H1. The underlying expected earnings before interest, taxes, depreciation and amortization (EBITDA) was £41.7m for the quarter and £89.2m for the first half of the year. Profit …
Read More »Global Gaming entering in Estonian market
The Stockholm-based operator Global Gaming announced the launch of its online gaming portal Ninja Casino in Estonia. The brand will operate under the license of a subsidiary of Safe Ent Limited, as soon as the latter receives permission to operate from a local regulator. Estonian users will have access to …
Read More »Sportradar opened new office in Singapore
The world’s leading supplier of sports and betting-related live data Sportradar announced about opening it’s new 2,800 sq ft office on Singapore’s Beach Road. The office houses staff from the United States, Slovenia, China, Indonesia, Malaysia and Singapore, and provides sports media, audio-visual and integrity services across the Asia Pacific …
Read More »iSoftBet focus on Africa and South America
The leading developer of game software iSoftBet announced its intention to concentrate on the markets of Africa and South America, as the developer is focused on going beyond the traditional markets. In addition, the company is expanding in several European countries, including Latvia, Estonia, Spain, Belgium and Romania. iSoftBet also …
Read More »Sportradar teamed up with BetChicago
The well-known provider of sports statistics Sportradar has concluded another partner agreement with the leading Illinois brand BetChicago. Under the terms of agreement, various Sportradar media products have been integrated with the newly launched site, available at BetChicago.com, designed to drive forward its sports betting media content with its sports …
Read More »SBTech joined forces with Golden Nugget
Gaming technology company SBTech and Golden Nugget signed a partnership agreement to bring sports betting to Golden Nugget casinos in New Jersey and Mississippi. The agreement will see SBTech integrate its sportsbook with Golden Nugget’s existing iGaming platform in New Jersey, providing a full platform and sportsbook solution to the …
Read More »Svenksa Spel reports a drop in net profit
Svenska Spel, the state-owned gambling operator in Sweden, has reported that gaming revenues fell four per cent to €190 million in the second quarter of 2018, and operating profit decreased 11,5 per cent to €94 million. However, sales online grew 20 per cent, of which mobile phone sales increased 42 …
Read More »Massachusetts delays the legalization of sports betting
Massachusetts is the latest state where state lawmakers are eyeing the possible future of legal sports betting in the US. But The Supreme Court of Massachusetts has decided to lift the ban, and the legislature does not rush to legalize sports betting in the state. The United States Supreme Court …
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