The provider of online and mobile casino games Yggdrasil Gaming enters the Czech online market through an agreement with the betting company Tipsort, the largest betting agency in the Czech Republic, with more than 1,000 branches throughout the country in Central Europe. Under the terms of the deal, Yggdrasil Gaming …
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Live casino operator Authentic Gaming is coming to the UK after the Government greenlit its expansion plans. The provider was granted a licence by the Gambling Commission to bring its games and products to the UK market. Authentic will now be able to supply its games and products in the …
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Irish betting operator Paddy Power Betfair reported an increase in pre-tax profit by 4 percent year-on-year to £ 106 million in the first half of 2018, an increase of 5% to $ 867 million in total revenue. The bookmaker saw an improved performance during the second quarter, with a 12 …
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Japanese authorities is discussing its online expansion can reverse slide Japan plans to expand online lottery options this October in order to attract a younger generation of customers. Japan Times reported that official internal affairs ministry data showed lottery ticket sales totaled ¥786.6b (US$7.1b) in fiscal 2017, a 6.9% decline …
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Hard Rock Hotel & Casino Atlantic City has revealed plans to launch a suite of live casino products from Evolution Gaming. The Hard Rock AC property has undergone a $500m complete transformation and opened in June with the hotel’s online live casino service to go live in summer 2018. Hard …
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Group Stockholm-listed gaming operator Kindred Group submitted its licence application in the re-regulated market of Sweden some 21 years after it was founded. Kindred, which is traded on the Stockholm Nasdaq, brought in more than £750m in revenue last year, with 43% of gross winnings revenue derived from locally regulated …
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Online bookmaker Parimatch announced the extension of the sponsorship agreement with its strategic partner APOEL FC for one year. Under the terms of the new contract, the bookmaker got the rights to the name of the new training center “Parimatch-Archangelos”. Over the past two years APOEL FC has defended the …
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Crown Resorts, the largest casino operator in Australia, impressed the market by posting a 12.7 per cent rise in normalised profit (excluding the impact of gambling win rates) to $385.6 million, well ahead of consensus expectations for earnings of $368.4 million. The stock rose 5.3 per cent to $14.02, while …
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The Italian parliament has approved a ban on all advertisements for gambling, including on TV, radio, and online, with hefty fines for those failing to comply. The decision comes after a push by Italy’s Deputy Prime Minister and head of the Populist 5 Star movement, Luigi Di Maio. He first …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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