Category Archives: Betting

Coolbet founder Jan Svendsen calls for an overhaul of GAN leadership

The leadership of GAN has come under fire from Jan Svendsen over the management of its Coolbet sportsbook subsidiary and further corporate matters.   In a LinkedIn post titled ‘GAN needs new leadership’, Coolbet Founder Svendsen lambasted GAN Chief Executive Dermot Smurfit’s management of the company, its staff, key contracts and assets. Svendsen, who sold Coolbet …

Sportech confident of EBITDA positive year results despite Lindley CEO exit

Sportech Plc has issued a business update, informing investors that Andrew Lindley has chosen to step down as Chief Executive of the London AIM wagering and racing systems provider.  Investors were informed that Lindley would not stand for re-election as company leader ahead of today’s AGM. Lindley’s departure comes less than a year in charge …

BAGO calls for practicality over radical Belgium gambling solutions

BAGO – the Belgian Association for Gaming Operators – has warned the federal government that its channelling objective on gambling can only be achieved through sensible policy decisions.     The warning formed part of BAGO’s response to the Belgium Gaming Commission’s (KGC) ‘2020/2021 Market Report’ – which outlined the severe damages that the COVID-19 pandemic had …

Rytenskild & Akhurst take leadership of demerged Tabcorp 

Tabcorp Holdings has formally announced its new leadership team and boardroom restructure as the business expects to demerge The Lottery Corporation unit on 1 June 2022.  The transition sees David Attenborough retire as Chief Executive of the ASX gambling firm, who will be replaced by Adam Rytenskild as Group CEO of Tabcorp. Last year, Attenborough …

BtoBet: A love of sports is evident for UK bettors

The UK has long been known for its love of football and horseracing, which has allowed the market to become a leading voice in the sports betting space. In its latest country report, BtoBet shines a spotlight on the UK betting market and the growth of its online sector in recent years.  On a global …

SIS announces senior internal promotions to accelerate product portfolio  

Sports Information Services (SIS) has reorganised its senior management team, as part of its ongoing diversification and international growth strategy.   The supplier of 24/7 live betting services has confirmed the promotion of Head of Trading, Adam Conway, to the newly formed role of Head of Competitive Gaming. A 20-year trading specialist, Conway will be charged …

Parvus activist funds builds shareholding in Flutter Entertainment

Flutter Entertainment Plc has disclosed that London activist fund Parvus Asset Management has built a 7.1% shareholding in the FTSE100 betting group. The activist’s shareholding was brought to the public’s attention, as Flutter informed investors that Parvus had reached its ‘7% threshold on voting rights’ that required disclosure to markets. Parvus’ 7.1% shareholding has been …

Betway furthers tennis commitment with Hamburg European Open

Betway has increased its involvement with tennis, becoming the official betting sponsor of the Hamburg European Open tournament. This year’s Rothenbaum competition is set to take place from 16-24 July, whilst the announcement looks to further demonstrate the online betting and gaming brand’s commitment to sponsorship of high profile international sporting events. “We are very …

David Clifton: Licensing Expert – All eyes focused on on gambling’s A-Factor

January 2019 famously saw the introduction of the gambling advertising ban in Italy, with forecasts of the disaster that would befall the industry if similar prohibitions spread across Europe. The following year a new Royal Decree on Commercial Communications imposing strict limitations on gambling advertising in Spain was approved by the European Commission. Only the …