Posts From: March 2018

Ladbrokes threatens cut to sponsorship

Ladbrokes is set to cut £8m it spends each year on sponsoring sports as a result of the new rules being contemplated by the UK government on gaming machines. The UK...

Business News
Paddy Power CFO Alex Gersh to Depart

Alex Gersh, the chief financial officer of Paddy Power Betfair, has signalled his intention to leave the company. Gersh has told the board of the FTSE 100 betting giant that...

Business News
Russia mired in illegal gambling ahead of World Cup

At least a billion dollars a year are believed to be pouring into offshore accounts of Russian shell companies linked to just one semi-legal but blossoming industry: online gambling. This...

Business News
NBA ready to bet on sports wagering in Connecticut

If Connecticut and other states legalize sports betting, the National Basketball Association are perfectly willing to go along — for a price. And that price would be 1 percent of...

Business News
NSoft releases its products to Fortuna

NSoft, provider of premium gaming software solutions has released its most lucrative products to a new customer from Romania. NSoft’s Lucky Six, Live Betting MTS and Greyhound Races were released...

Business News
Two bidders shortlisted in William Hill Australia auction

A final furlong has been added to the race for William Hill’s Australian bookmaking business.  Two bidders have been given access to black box due diligence – William Hill’s Australia’s nearest...

Business News
CMA launches new action against online gaming operators

The CMA has launched enforcement action against a number of online gambling firms in respect of practices that may place unfair obstacles in the way of people withdrawing their money...

Business News
Danske Spil profits down but announces IT investment

The Danish gaming group’s profit for the financial year 2017 was 1,654 million. The year’s BSI (gross game income = revenue minus premiums) was 4,910 million. The Group thus frames a record...

Business News
Totalizator Sportowy launches online casino with Playtech

The consortium of Playtech Services Limited and Playtech Software Ltd. Won the tender for creating an online casino for Totalizator Sportowy. “As part of the cooperation, Playtech will create a...

Business News
No surge for Singapore online gambling sites

There has not been a surge in bets placed with Singapore Pools and Singapore Turf Club after they were allowed to operate online gambling sites and most of the punters...

Business News