Author: Olivia Cole

The UK-based bookmaker Betfred has been reported to be approaching a deal to purchase hundreds of betting shops. This happens at a time when the long-awaited merger between Ladbrokes and Gala Coral enters the final stages of the scrutiny imposed by the UK Competition and Markets Authority (CMA). A few days ago it became clear that the above-mentioned companies have been required to dispose of a large number of betting shops in order for their merger to be finally completed. The sale has been prompted by the UK Competition and…

As the UK newspaper The Sunday Times reported, the long-awaited merger between the British gambling and betting company Ladbrokes and the UK-based privately-held betting shop, casino and bingo operator Gala Coral could be confirmed as early as this week. The deal is estimated to £2 billion. The eventual merger was officially announced last week. According to the report, Gala Coral could hand an unexpected sum of £50 million to senior staff in case that everything about the merger proceeds as initially planned. In addition, some speculations were raised that the…

One of the leading providers of betting data and services SIS has officially confirmed that it has reached an exclusive deal with the Irish Greyhound Board (IGB). The 5-year contract is regarding collecting and distributing greyhound racing content to both land-based and online betting operators. In short, international streaming rights are what the contract actually includes. Getting such rights will provide the low latency streaming platform of the company – SIS Stream – with the chance to expand the reach of Irish greyhounds races to new territories worldwide. According to…

A submission to the UK Competition & Markets Authority (CMA) has been filed by the British Horseracing Association (BHA), which had shared its concerns related to the merger of Ladbrokes and Gala Coral. The Chief Executive of BHA Nick Rust has written to the CMA to state that the proposed merger of the two companies could have a negative impact on the consumer choice in both the racing and greyhound industries of the UK. An investigation of the planned tie-up was started by the CMA in December 2015. Then, in…

IG Group Holdings Plc has revealed that Mr. Paul Mainwaring was officially appointed at the position of Chief Financial Officer Designate. The new CFO will come as a replacement of Mark Ward who is to leave the ranks of the UK-based trading company after a short handover as it was initially planned. The appointment will come into effect on July 11th. This is a major step for IG Group, which comes pretty much as a conclusion of the senior executives overhaul that had been undertaken by the company over the…

CORE Gaming, which is currently one of the most successful HTML5 casino games developers in the international gaming business and has been recently acquired by Sky Betting & Gaming, revealed that a content distribution contract with the British gambling and leisure company Rank Group has been signed. This is not the first time when a gaming content distribution deal is signed by CORE Gaming. Since being established in 2011, the casino and gaming offerings supplier has already had its products offered to some of the industry giants such as Ladbrokes,…

The London-based Internet and mobile casino gaming supplier iSoftBet, which is widely-known as one of the most experienced household names in the UK online casino industry, officially announced that it had inked a gaming content deal with the Maltese casino games developer Pragmatic Play. Being a rapidly-growing business-to-business company, Pragmatic Play is currently known as a reliable providers of casino games for both desktop and mobile devices. It has an extensive portfolio of more than 150 innovative and entertaining games, which are available to the residents of more than 78…

The Advertising Standards Authority (ASA) has once again banned a TV ad of the Ireland-headquatered bookmaker Paddy Power. The latter was found guilty for launching a misleading promotion fronted by Fonejacker comedian Kayvan Novak. The bookmaker ad has been created by the advertising agency Lucky Generals and referred to a special offer related to the Cheltenham Festival that takes place in March. According to the promotion, the bookmaker’s customers could have their money back as a free bet in case that the horse they had bet on finished as a…

Inspired Gaming, which is currently the major provider of SBG Video Lottery, virtual sports as well as mobile gaming options, announced the launch of its land-based Virtual Sports in some US casinos in collaboration with one of the major UK gambling operators up to date – William Hill. This is the first time when the Virtuals content of the brand has gone live in gambling venues located in the US. The fact that Inspired Gaming is expected to become the first supplier of Virtual Sports products that is to be…

The UK-based bookmakers Betfred seem to have generated a net loss over the company’s most recent fiscal year. The disappointing result is considered to be due to the negative influence of new taxes imposed on one hand, and to winnings stroke by lucky punters on the other hand. According to the financial reports released by Betfred, the company suffered a serious operating loss estimated to £76.7 million over the fiscal year that ended on September 27th, 2015. This was a serious blow for the bookmakers, especially considered to the profit…