Company Reports

The British online gambling operator bet365 has reached an agreement to take over the remaining assets of the US-based distributed systems company and NoSQL database technology developer Basho Technologies. The news of the takeover deal was confirmed by Riak developers, as well as by the firm handling Basho Technologies’ receivership – Pivotal Solutions. Basho Technologies, which is known for contributing for Riak’s development by creating its distributed NoSQL database, has been facing difficulties for some time now. Now, the company’s products are expected to become open sourced, which would be…

The Australian gambling market has been literally shaken by the newest amendments the local Government is making to the country’s gambling legislation. At the beginning of August 2017, the Interactive Gambling Amendment Bill 2016, which is aimed to eliminate online poker from the gambling options that are legally offered in the country, was officially given the green light by the Australian Senate after being put to the vote. Since then, a great number of local poker players and operators have shared their concerns with the situation, saying that the new…

The gambling and online gambling group GVC Holdings has recently held talks about a possible takeover of the UK bookmaker Ladbrokes Coral. GVC Holdings made a takeover bid of about £3.6 billion to the British bookmaker which currently owns 3,500 high street outlets. According to two sources familiar with the negotiations, the takeover talks have failed and are closed for the time being. If they have been successful, they would have created one of the largest gambling companies not only on the territory of the UK, but also on a…

The leading UK betting operator Grosvenorsport.com has entered into its first horse racing sponsorship agreement. The company has been officially announced as Celebration Mile at Goodwood Racecourse’s new sponsor The General Manager of Goodwood Racecourse Alex Eade commented on the agreement, saying that it was a great thing Grosvenorsport was welcomed as a sponsor of the Celebration Mile. He also projected that the competition was set to be a stellar renewal in 2017. Mr. Eade also described the Grosvenor Sport Celebration Mile as a major contest not only for Goodwood,…

The Malta-based leading performance marketing company Catena Media confirmed that it had withdrawn from the Dutch market at the time when the operator published its interim report for the second quarter of 2017. The company revealed an all-time-high estimated to €11.53 million, which represented a 58% increase in its search revenues year-on-year. The result also marked a 5% increase in comparison to the first three months of the year in spite of the negative impact that the withdrawal from the Dutch market had on the company’s performance. Catena Media officially…

One of the leading land-based and online bookmakers on the territory of the UK – Ladbrokes, has revealed that it has inked two new sponsorship deals for the 2017/18 football season. The partnership agreements have been signed with two Premier League clubs – Leicester City and Burnley. Leicester City announced Ladbrokes as its new official UK and Ireland betting partner, providing the company with exposure to special LED advertising boards. Under the terms of the deal, Ladbrokes is to also become the in-stadia betting provider of the football club. As…

Today, the British Gambling operator Rank Group has reported decreasing profits and revenues over the twelve months ended on June 30th, 2017. The company had announced disappointing results, with the strong performance of its digital arm failing to neutralise the negative effects of the strong decline registered at the operator’s land-based venues. The Chief Executive Officer of the Rank Group, Henry Birch, commented on the gaming company’s full-year performance, describing the first half of Rank’s financial year as challenging. Still, he insisted that the Group’s management team was very pleased…

After less than a year after their partnership agreement was signed in September 2016, the professional Sweden-based eSports organisation Ninjas in Pyjamas (NiP) and the international online gambling company Betway have decided to part ways. The two companies have put their partnership to an end after Ninjas in Pyjamas was forced to obey League of Legends Championship Series (LCS) sponsorship rules under which no gambling operators are allowed to sponsor eSports organisations. The sponsorship of the two parties ended as of August 13th, as revealed by Ninjas in Pyjamas. Still,…

As revealed by Arena Racing Company, the British bookmaker William Hill is to open betting facilities on six of its racecourses. The company, also called ARC Racing and Leisure Group, currently owns and operates 15 racecourses on the territory of the UK, which accounts for almost 40% of the racing fixtures in the country. ARC explained that it inked a partnership agreement with William Hill, with the betting facilities expected to be officially open over the upcoming weeks. The on-course betting facilities are to be located at Doncaster, Southwell, Wolverhampton,…

Genting Group has started an internal probe in the brand’s casino in Glasgow, Scotland. The probe has been given the green light by casino executives after the casino lost a massive amount of £200,000 to a gang of cheating players. The players are believed to have cheated to win the large sum over a game of Punto Banco, with the crooks repeating their scheme a number of times over a four-month period at the Glasgow-located casino of the Genting Brand. The potential fraud has been noticed by the security experts…