Posts From: April 2018

Big Deal The Stars Group’s CEO Rafi Ashkenazi 

There was no real surprise when the Stars Group announced the purchase of Sky Betting and Gaming (SBG) over the weekend. The company has been openly seeking a major acquisition for some time. But a purchase price...

Business News
Horse racing continues to dominate Australia’s betting market

Betting on horse racing continues to dominate the gambling market in Australia, despite the prominence in recent years of sport betting, analysis reveals. Market research company Roy Morgan has delved...

Business News
ABB statement on “factually incorrect” claim on FOBTs.

Following a report in The Times newspaper (26th February 2018), the Association of British Bookmakers, said: “We have not seen a copy of this report or the basis of its...

Business News
Catena Media acquires gg.co.uk. A well-positioned UK horse racing site

Catena Media is acquiring gg.co.uk, a strategically important site in the UK, focusing on horse racing. Through the acquisition, Catena Media strengthens its position in the UK – entering a new territory...

Business News
LeoVegas comments regarding the changing circumstances in the Norwegian market

LeoVegas financial targets of at least EUR 600 million in revenue in 2020 and at least EUR 100 million in EBITDA in 2020, that were presented on April 19th, it...

Business News
Norway’s government is proposing restricting payments to international gambling sites

Norway’s Labour, Christian Peoples, Socialist Left and Centrist Parties’ announced they had developed a combined mandate, which demands the following online gambling restrictions to be implemented by 7 May 2018: Strict...

Business News
The Stars Group Completes Australian Acquisitions

The Stars Group has announced that it has successfully completed the previously announced acquisition of an additional 18% equity interest in CrownBet Holdings Pty Limited and CrownBet has successfully completed...

Business News
Kambi Group revenues climb 15%

Kambi kicked off the year in positive fashion with Q1 2018 delivering double-digit revenue growth, a strategic investment in a virtual sports company and the signing of a new customer....

Business News
EveryMatrix to exhibit at Global Gaming Expo Asia 2018

EveryMatrix is delighted to showcase its products at G2E Asia 2018 at Stand 3041. Global Gaming Expo Asia (G2E Asia) is well-known as a key gaming and entertainment business hub...

Business News
Betsson Q1 operating profit just above forecast

Revenue for the first quarter 2018 was SEK 1,210.0 (1,102.0) million, an increase of 10 percent compared to the same quarter 2017. Organic growth was 4 percent for the quarter....

Business News