Category Archives: Betting

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 …

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 …

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 …

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 …