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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The gambling operator MGM held a joint press conference with the basketball association, where the details of the first major partnership between the NBA and the gambling company were presented. MGM CEO Jim Murren told reporters that “at the end of this week we will be taking mobile bets from …
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The first person of Ireland, Michael Higgins, made a speech about the desire to ban the advertising of gambling in sports. “If I had my way, I wouldn’t have advertising of any access to gambling platforms in sport at all. I just think sport should be protected from it. There …
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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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DraftKings and Resorts Casino Hotel became the first company to roll out mobile sports betting in New Jersey, an important milestone as legal sports wagers slowly spread through the United States. The New Jersey Division of Gaming Enforcement gave approval to the casino and its Boston-based online partner to launch …
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Yesterday in New York, just two and half months after the legalization of the bookmaker business in the US (previously officially authorized in the 3 states), a historic contract was signed! The National Basketball Association (NBA) for the first time in its history received an official bookmaker partner – MGM …
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A market leader in the high-growth sports data, sports media and regulated sports betting sectors, Genius Sports Group today is sold to Global private equity advisory firm Apax Partners. Financial terms of the deal were not disclosed with the sale set to close in the third quarter of 2018. A …
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An online bookmaker based on the Isle of Man Sbobet has agreed a deal with German soccer giants Borussia Dortmund to become the club’s official betting partner in Asia. The partnership will commence at the start of the 2018/19 season, which begins on 24th August, with SBOBET being promoted across …
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The giant of the modern gaming market Microgaming introduced new software Prima for the network Microgaming Poker after the completion of many years of work to revitalize its product. The new version is developed taking into account the wishes of the players, and boasts a simplified interface, a blind with …
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Last week, the 4th Annual Sports Betting West Africa Summit was held at the Eko Hotel & Suites in Lagos, Nigeria. The event was attended by hundreds of West African operators, regulators, service providers, marketers, payment solution providers and gaming sector experts. If you weren’t able to join Eventus International …
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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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Slovakia’s monopolistic iGaming market is on the way to change following the submission of new legislation to the European Commission for its opinion. Slovakia opened draft legislation to the European Commission which would replace existing legislation that dates back to 2005 and open up the market to private operators from …
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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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The Las Vegas-based company Boyd Gaming released financial data for the second quarter of 2018. The casino operator posted revenue of $616.8 million in the period a 2.1 per cent climb in revenues. Five analysts surveyed by Zacks expected $603.7 million. Income from continuing operations, net of tax, for the …
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Online gambling operator Sky Bet presented a new option «Group Bets», which seeks to meet changing customer expectations across its desktop and mobile platforms. New function enables a number of friends to create a group and build a «Group Bets» accumulator, whereby each member makes a selection for the bet. …
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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. …
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