Category Archives: Betting

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 …

Camelot UK has confirmed that it will proceed to launch a High Court appeal against the UK Gambling Commission’s (UKGC) decision to appoint bid competitor Allwyn UK as the preferred applicant for the fourth National Lottery licence. The High Court appeal was confirmed by Chief Executive Nigel Railton who seeks answers as to why Camelot’s …

UK Gambling reform campaign The Big Step has submitted a joint-letter signed by the directors and executives of twenty English football clubs to DCMS, demanding that gambling advertising and sponsorship have no presence in football. Comprising English Football League (EFL) and non-league clubs, the group underlined its support for The Big Step’s campaign to “kick …

bet365 has shown its commitment to UK greyhound racing after agreeing a “significant sponsorship deal” aimed at supporting and promoting the sport. The sponsorship, which is a ‘first’ for bet365 in the sport, will cover four major Category competitions. The coverage will also feature on SIS and direct to the home audience through Racing Post …

Directors of the Australian lottery, gaming and wagering corporation Tabcorp have ‘unanimously recommended’ that shareholders vote in favour of the proposals to demerge its Tatts lottery and keno operations from its gaming and wagering business. Publishing its ‘Demerger of The Lottery Corporation – Briefing Presentation’, the firm detailed the proposed new business structure which would see …

Metric Gaming Group and Lacerta Sports have announced the beginning of a long-term strategic partnership, with the goal of developing a B2B sportsbook managed service. The deal between sports betting and gaming platform provider, Metric, and sportsbook solutions provider, Lacerta, have seen the duo detail a joint objective of creating the industry’s “most powerful and …

GamCare and former Scotland Manager, Alex McLeish, have partnered to demonstrate the support that is available to people in Glasgow who have gambling issues, ahead of this weekend’s ‘Old Firm’ derby. Recent research by the problem gambling charity revealed that over six million people in Britain know someone with a gambling issue, whilst a quarter …