Posts From: November 2020

Rank Group completes £70m share placement

Rank Group has raised £70m in an equity placing to strengthen its balance sheet. “Throughout the Covid-19 pandemic, the company has taken decisive action to preserve cash and protect its...

Business News
UKGC publishes first National Strategic Assessment

The UK Gambling Commission has published its first ever National Strategic Assessment.  The document uses the latest available evidence, from a wide range of sources and case studies, to assess...

Business News
Bingoal joins International Betting Integrity Association

Belgian-based retail and online gambling company Bingoal has joined the International Betting Integrity Association (IBIA). It will see the operator incorporate its sportsbook operation with IBIA’s global betting integrity monitoring...

Business News
Canadian Gaming Association welcomes Ontario for moving forward with iGaming

The Canadian Gaming Association today applauds the Government of Ontario’s decision to move forward with legislation to make online gambling a reality in this province and to ensure that the...

Business News
Raketech enters the US market through American Gambler acquisition

Raketech has delivered on an important milestone on the company’s strategy by announcing its acquisition of the US based organic affiliation marketing assets americangambler.com. As a result of the acquisition,...

Affiliates
Hollywoodbets becomes Official Betting Partner of Brentford FC

Brentford Football Club has signed a two-year deal with Hollywoodbets, that will see the community-focused company become its Official Betting Partner. Hollywoodbets’ logo will appear on the back of all...

Marketing
Sportech confirms it rejected approaches from US hedge fund

Standard General L.P. has made several approaches to the board of Sportech PLC with a view to making a cash offer for Sportech, all of which have been rejected. Standard...

Business News
Kindred posts solid revenue growth in the third quarter

Kindred Group this morning reported a 24% rise in revenue to GBP 280.7 (226.0) million. Underlying EBITDA was GBP 74.6 (37.3) million. Profit before tax amounted to GBP 60.7 (21.4)...

Business News
Enlabs reports record revenue

Operator Enlabs has reported a 35 per cent increase in Q3 revenue to €13.6m. Organic growth was 10%. Sustainable income amounted to 80%. The number of active customers was 67,320,...

Business News
TheScore expect Ontario to lift online gambling Ban

theScore has voiced its support for the introduction of legislation by the Ontario Provincial Government to facilitate the expansion of online gambling in the province as part of its 2020...

Business News