Category Archives: Betting

 BGC welcomes Facebook gambling Ad Opt-outs 

The Betting and Gaming Council (BGC) has welcomed the news that Facebook will allow users to opt-outs of viewing gambling-related advertising content across its social media platform.  The trade body welcomed the development of Facebook’s new advertising safeguard, which will further support its members ‘Industry Code for Socially Responsible Advertising’, which were enforced last year. …

SoftSwiss rolls out sportsbook solution to Power Casino

The SoftSwiss sportsbook has strengthened its network of partners by securing a new agreement with Power Casino. Power Casino has become the brand’s first client to operate outside the SoftSwiss online casino platform, integrating the sportsbook solution into its brands. Aleksander Kamenetskyi, Sportsbook Product Owner, commented: “It was a pleasure to work with Power Casino …

Flutter makes its bingo play with £402m buyout of Tombola  

Flutter Entertainment has secured a definitive agreement to acquire Tombola Limited – the UK’s leading online bingo and soft games operator for £402 million.  The deal will see Flutter diversify its games portfolio and expand its market share within the UK, in which Tombola generates 80% of its turnover.  “In its financial year to end …

Playtech confirms JKO approach as bidding war looms against Aristocrat takeover

The board of Playtech Plc has moved to confirm media speculation that it has been approached by a third suitor seeking to acquire the FTSE250 gambling technology group. This morning, Playtech governance confirmed that on 5 November, a ‘preliminary approach’ was made by JKO Play Limited, a consortium led by former F-1 team owner Eddie …

GambleAware recommissions the Scottish Gambling Education Hub

GambleAware has recommissioned the Scottish Gambling Education Hub (SGEH) for a further three years. Run by Edinburgh-based youth wellbeing and education charity Fast Forward, the SGEH has delivered gambling harm and addiction awareness courses since 2018. Fast Forward will maintain its grant funding by GambleAware to support young people and adults o raise awareness of …

Evolution stands firm against New Jersey accusations 

Evolution AB has hit back against allegations made by a New Jersey law firm that it has breached US laws by providing gaming services to restricted countries under current trade embargo. This morning, Bloomberg reported that NJ law firm Calcagni & Kanefsky LLP had filed a complaint by an ‘anonymous competitor’ to the New Jersey …

Sportradar fires US warning shots following blockbuster Nasdaq debut  

Sportradar AG has underlined its position as the world’s leading sports tech and data group, having published its inaugural results as a Global Nasdaq enterprise.    The Swiss group, which made its listing debut last September after securing a target valuation of $8 billion, registered Q3 revenues of €137 million – up 30% on the €105 …

US growth helps Catena ride out costly German impairments 

Catena Media Plc has underlined the strategic importance of its globally diversified media portfolio, as a 3x jump in North American revenues and continued Japanese market growth helped offset significant European headwinds.  Publishing its Q3 2021 interim results for the period ending 30 September, Catena registered operating revenues of €33 million, up 33% on corresponding …