Category Archives: Betting

Audrey Bouctot tasked with streamlining Honoré’s finances as new CFO

Sportsbook and igaming platform provider Honoré Gaming has announced a new Chief Financial Officer, appointing Audrey Bouctot to the role.  In her new position as CFO, Boycott will be responsible for development and growth of Honoré’s financial department, including the streamlining process, undertaking monthly closing, monitoring costs and setting KPIs.  Boycott’s 15 years of experience …

LeoVegas bolsters tech muscle as MGM buyout looms

LeoVegas AB has praised the performance of its product portfolio and investment strategy in outriding industry-wide European headwinds, as the Stockholm-listed online gambling group becomes an acquisition target of MGM Resorts.  Publishing its Q1 trading results, LeoVegas registered corporate revenues of €98.5 million, up 2% on corresponding 2021 results of €96.7 million. Excluding Dutch market …

Spain to vote on DGOJ to take ‘central control’ of betting fraud duties 

Spain’s Congress of Deputies has approved for MPs to vote on a set of new measures to be applied to ‘The Gambling Law’ that will strengthen the “state’s control on monitoring betting fraud to help tackle sports corruption”.  The Congress that serves as Parliament’s ‘legislative review branch’ voted unanimously in favour (343 votes / 0 …

BetConstruct supports Polish launch of GO+Bet

BetConstruct has bolstered its position in the Central European betting and gaming market, supporting the launch of Polish online bookmaker GO+Bet. The Armenian gaming technology developer will provide GO+Bet with its complete sports betting platform, including an operator back office and sportsbook provisions for over 120 different events.  This will include BetConstruct’s in-house developed range …

OMEGA Systems: Creating a true omni-channel experience

The trend in the gambling industry in recent years of business increasingly shifting to online verticals is showing no signs of slowing, and for OMEGA Systems it has informed the core development of its product.  Taking time to discuss the company’s movements with SBC’s Joe Streeter, Editor of Payment Expert, at ICE London 2022 last …

MGM targets $607m takeover of LeoVegas to move igaming vision beyond US shores

The board of LeoVegas AB has ‘unanimously recommended’ to investors an SEK 61 (€5.90) cash-per-share takeover offer submitted by US casino and entertainment group MGM Resorts. Publishing deal terms this morning, LeoVegas has advised shareholders to accept MGM’s offer, which has placed a 44% premium on the firm’s SEK 42.3 (€4.10) closing price on the Stockholm …

MGM Resorts moves for €575m LeoVegas Group

MGM Resorts’ CEO & President Bill Hornbuckle believes that his company’s move to acquire LeoVegas Group for €575m will help its vision to be the world’s premier gaming entertainment company. On Monday US casino operator MGM Resorts announced plans to acquire Swedish online gaming firm LeoVegas in a €575m deal which has already been unanimously …

888 pursues shareholder approval to create ‘global gaming leader’

888 Holdings has issued an update on the progress of its acquisition of William Hill in a prospectus on the development, detailing the timetable and risk factors involved.  Approved by the Financial Conduct Authority (FCA), the prospectus explained that the international gambling group will hold an Extraordinary General Meeting on 16 May to seek approval …

Betting on Sports Europe 2022 set for London’s Twickenham Stadium in June

Executives from major international sportsbook operators are set to gather in London for Betting on Sports Europe 2022 on 7-9 June, when preparations for the Qatar World Cup will be central to the discussions. The conference and exhibition moves from its long-term home at Stamford Bridge and will instead be staged at nearby Twickenham Stadium, …

Betting industry Ukraine solidarity continues as Pragmatic Play donates £100k

As support for the Ukrainian public continues to pour in from a range of industries, including betting and gaming, Pragmatic Play has announced a new contribution. The igaming and sportsbook solutions provider revealed today that it is donating £100,000 to the Red Cross’ Red Crescent Movement response appeal, with all funds channelled towards humanitarian causes …