News
B2C operations mask B2B declines for Playtech in 2018
B2C operations mask B2B declines for Playtech in 2018 Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling. “This has been an extremely important year in the growth and development of […]
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888 names Andrew Anthony as responsible gaming director
888 names Andrew Anthony as responsible gaming director London-listed 888 Holdings has promoted Andrew Anthony to lead its player protection efforts as its new responsible gaming director. Anthony (pictured) will oversee the continuous improvement of 888’s responsible gaming operations, systems and processes as the new division head, reporting to senior vice president and head of […]
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Malta regulator joins forces with All-In Diversity Project
Malta regulator joins forces with All-In Diversity Project The Malta Gaming Authority (MGA) has become the second international regulator to throw its weight behind the All-In Diversity Project, it was announced today. The regulator is now a strategic partner to the industry-driven group, which aims to improve diversity and inclusion in the gaming industry. “Having […]
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Paddy Power Betfair takes majority stake in Adjarabet
Paddy Power Betfair takes majority stake in Adjarabet Paddy Power Betfair has acquired an initial 51% stake in Georgian online sports and betting brand Adjarabet for €101m (£88.3m/$115.6m) in cash. The operator said the deal forms part of its European diversification plans, with the acquisition securing its place in the Georgian igaming market. Adjarabet is […]
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Superbet hires Shaw to lead online operations
Superbet hires Shaw to lead online operations Former Paddy Power Betfair executive Adam Shaw has been unveiled as the new managing director of international online operations at Superbet. Shaw will be responsible for overseeing online development outside the operator’s home market, Romania. Shaw left his most recent full-time role, as Paddy Power Betfair’s international director, […]
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Bethard awarded Irish iGaming licence
Bethard awarded Irish iGaming licence Bethard Group is targeting entry to additional regulated European markets after securing a remote bookmaker’s licence in Ireland. The licence, awarded by the Irish Office of the Revenue Commissioners, is the fifth secured by the operator, with a launch planned for early 2019. Bethard is already licensed by the Malta […]
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Compliance key to LeoVegas
Compliance key to LeoVegas LeoVegas CEO Gustaf Hagman believes the operator rose to the “compliance and sustainability” challenge in the third quarter after reporting a significant increase in revenue and depositing customers. Revenue was up 41% year-on-year to €78.6m (£68.5m/$90m) during the three months through to the end of September, while EBITDA also climbed from […]
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MRG targets regulated markets with EGBA membership
MRG targets regulated markets with EGBA membership MRG chief executive Per Norman has set out plans to use the company’s new membership of the European Gaming and Betting Association (EGBA) to support its efforts to expand into more regulated markets across the European Union. The EGBA industry body represents established, licensed and regulated online gaming […]
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Sportech targets efficiencies
Sportech targets efficiencies Sportech will target “further operational efficiencies” whilst aiming to expand across the US and reposition its teams for a new strategic approach outside North America after the betting technology company posted flat interim financial results this (Wednesday) morning. On a constant currency basis, sales in the first half of 2018 improved marginally […]
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NetEnt ‘taking action’ as growth slows
NetEnt ‘taking action’ as growth slows Recently-appointed NetEnt CEO Therese Hillman has insisted the developer is “taking action” after a slowdown in the UK contributed towards disappointing revenue growth in the second quarter. In a trading update this (Friday) morning, NetEnt reported a 6% rise in revenue year-on-year to SEK437m (£39m/€44m/$51m) – a 0.8% decline […]
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