Author: Olivia Cole

The leading gambling tech company on a global scale, Playtech, has revealed that its long-term contract with online gambling company Mansion has been extended for another five years. Under the extension of the deal, Playtech is to expand the reach of its collaboration with Mansion in two of the leading regulated gambling markets – Italy and the UK. As the Isle of Man-based gambling technology firm revealed, the contract has followed the recent commitment which Mansion made to a bespoke Live Casino studio space and included a special Casino tab…

Last weekend, it was announced that the Football Association of Ireland (FAI) has terminated the two-year sponsorship contract with SportPesa, a sports betting company operating across the world. The agreement has been one of the final deals reached by John Delaney before he left his position as Chief Executive Officer of the FAI in March 2019. Recently, there has bee a lot of pressure faced by anti-gambling addiction groups that have been calling for the association to take stricter measures regarding the connection between gambling and football. The increasing pressure…

In the last month, the events in the Bulgarian gambling sector have been developing rapidly and at multiple levels. Earlier in January, a bill aimed at banning private lotteries in Bulgaria has been tabled by Valeri Simeonov, a member of the National Front for Salvation Party. The proposed amendment to the Bulgarian Gambling Act of 2012 seeks to impose a government-owned monopoly on the country’s lotteries by suspending the operation of private lotteries. Under the changes that Simeonov has suggested to be made to the country’s gambling legislation, the only…

The major gambling regulatory body of the UK has joined forces with Twitter to create guidance focused on providing more qualitative help and support to people who are willing to limit the amount of gambling-related content that is displayed for them on Twitter. The latter has become the first social media platform to collaborate with the Commission on this particular initiative. The UK Gambling Commission (UKGC) yesterday issued guidance explaining the variety of ways in which the safety tools and settings of the social media platform can be adjusted within…

The stock-picking practice is normally aimed at helping investors generate higher returns in comparison to the overall market. Unfortunately, sometimes investors have the bad luck of purchasing stocks that fall short of the average returns of the market. This is what has happened to the lead generation companies with close links to the online casino and sports betting industry Catena Media and XLMedia. The trend has been continuous for several quarters, indicating some unsolved problems that the companies probably face. Shareholders of Catena Media See Massive 43% Share Price Decline…

Today, sources familiar with the matter revealed that the Australian gambling company Tabcorp is unwilling to enter the competition for becoming the next operator of the UK National Lottery and participate in the bidding process that is given a start in 2020. As Casino Guardian has already reported, the local gambling regulator – the UK Gambling Commission (UKGC) – has chosen the investment bank Rothschild to take into consideration the potential bidders interested in being the ones to receive the license to run the UK National Lottery. The current licence…

One of the largest gambling operators on the territory of Australia – Tabcorp – has joined the competition for the operation of the UK National Lottery at a time when the rivalry for a new licence is proceeding to the next round. For the time being, Tabcorp, which has once co-owned Sun Bets as part of its assets, is the biggest lottery company in Australia. Reportedly, the operator has entered the bidding competition for the right to run the UK National Lottery. Tabcorp is so far the latest high-profile gambling…

According to newly-announced figures, the female boss of one of the British largest online gambling operators was the biggest taxpayer in 2019. As unveiled by the Sunday Times Tax List, the tax liability of Denise Coates, the founder and now-joint Chief Executive Officer of bet365, was estimated at £276 million in 2019. Ms Coates and her family owed tax bills, including the £113.2-million share they hold in the bet365 business. They also owed social security costs, as well as £130 million in tax from the £276.6 million generated by Ms…

Struggling Crown Resorts has taken into account investor pressure by stripping its chairman John Alexander of his executive role in the gambling giant as a part of a wide-ranging corporate reshuffle that was officially announced earlier today. The non-executive part of his job would be taken by Helen Coonan, Minerals Council chair, while the chief executive position has been granted to the current chief financial officer Ken Barton. For the time being, no replacement has still be announced for Mr Barton, which means that he would continue acting as CFO…

The sale of the Casino Canberra’s operation has taken another plot twist as it came to nothing after the parties did not manage to get the competent gambling watchdog’s approval. As Casino Guardian reported, Blue Whale Entertainment Pty Ltd announced the AU$32-million acquisition of the casino in December 2018. Under the deal, it became the largest shareholder in Aquis Canberra Housing. However, in order to be finalised, the deal had to get approvals from the ACT gaming regulator. Following extensive discussions between the ACT Gambling and Racing Commission and the…