Category Archives: Betting

Gaming Innovation Group (GiG) has announced that its newly integrated Sportnco subsidiary has secured a commercial agreement to provide system solutions for Betway Portugal (Betway.pt). The partnership agreed with GM Gaming Limited, the operating company of Betway brand in Portugal, for the provisions of Sportnco’s sportsbook and player account management (PAM) solutions. The agreement sees …

The Betting and Gaming Council (BGC) has called on ministers to recognise the importance of the Grand National as a heritage sporting event supporting UK racing and highstreet jobs.  Following three years under lockdown constraints, The Grand National returns to hosting live spectators at Aintree on Saturday 9 April. Its main race is expected to …

The UK Gambling Commission (UKGC) has stood by its management of the Fourth National Lottery Competition, that appointed Allwyn Entertainment as its Preferred Applicant to operate the National Lottery beginning 2024. On Friday, the Commission was notified by National Lottery incumbent operator Camelot UK, that its handling of key phases of the competition would be …

CIS betting group Parimatch Tech has announced a series of ‘structural changes’ to its executive leadership team that will impact the day-to-day management of its flagship Parimatch subsidiary. Following a strategic review, Parimatch Tech will no longer employ the joint-CEO leadership structure that has overseen its business for the past two years. The decision will …

Online games supplier Pragmatic Play has moved to expand its B2B offering, announcing the launch of its brand-new sportsbook solution. Sportsbook will become the fifth product segment offered by the supplier, following slots, live casino, bingo and virtual sports, as it looks to make further progress on an overarching goal of becoming a “leading one …

Sportech Plc has backed its ongoing transformation strategy and focus on cost management, as the London AIM-listed racing and wagering systems provider declared statutory profits of £34.6m today. The much-improved bottom-line results see the firm reverse full-year losses of £12m recorded during 2020 trading.  2021 developments saw Sportech complete the disposals of its Global Tote …

XLMedia Plc has confirmed the appointment of Marcus Rich as Non-Executive Chairman of the London AIM-listed online gambling media group. Rich succeeds Christopher Bell, who at the start of year announced his resignation as XLMedia Chairman, choosing to join restructured Spanish gambling group Nueva Codere. A UK media figurehead, Rich is the current Non-Executive Chairman …

Gaming Innovation Group (GiG) has secured all necessary approvals to finalise its acquisition of sports betting systems provider Sportnco. Initiated on 22 December last year, GiG entered a definitive agreement to acquire Sportnco outright for a total consideration of €51m. The deal saw GiG agree to pay an upfront cash payment of €27.8m, with the …