Company Reports

Earlier today, a possible closure of the Star City Birmingham casino of the Genting Group UK division has been reported. Then, the information was officially confirmed by the brand. Genting Casinos UK, which is the second largest casino operator on the territory of the country as well as part of Genting International, approached The iGaming Post, confirming its intentions to consider a possible closure of the Star City Birmingham. The latter was once the brand’s flagship casino in the region. The company’s decision came after the revenues generated by the…

UK players who place their bets on horse racing events in the country will now be given the chance to bet into the popular betting pools of Hong Kong. This will be possible thanks to the first-ever partnership agreement between the Hong Kong Jockey Club (HKJC) and the bookmaker The Tote, which is owned and run by Betfred. The Hong Kong Jockey Club revealed that the agreement with the UK-based sports betting operators is expected to be officially finalised in the upcoming months. The Executive Director of the Customer and…

The European subsidiary of Sega Amusements International revealed that it plans to open the first Family Entertainment Centre (FEC) at Hatfield, north of London. The Centre is to be established under the Prizezone brand, which will feature 50 games and various pieces of equipment. The venue will also become home of a retail store for toys and gifts of the Sega and Sonic brands. The company revealed its intentions at the IAAPA trade show which takes place this week in Florida. Sega Amusements International shared that the new venue would…

Camelot UK Lotteries Ltd revealed its financial results for the first six months of the 2016/2017 fiscal year. The company announced that the ticket sales in the National Lottery amounted to a total of £3,389 million over the period from April 1st to September 24th. The Chief Executive Officer of the company Andy Duncan shared that in his opinion the performance of the National Lottery operator over the first half of the fiscal year represented one of its best since the establishment of the National Lottery in 1994, despite the…

Last week, the Canada-based company Intertain Group Limited revealed its preliminary results for the third-month and nine-month periods ended on September 30th. Finally, the operator has officially announced its financial results for the above-mentioned periods. The President and Chief Executive Officer of Intertain Andrew McIver commented on the company’s performance, describing it as a strong one. According to him, the financial data provided came as a proof of the increasing popularity of Intertain’s brands among customers. Mr. McIver explained that the higher revenue has been pushed up by the stable…

The UK-based software developer VSoftCo Ltd, which specialises in creating high-quality software for the global virtual sports market, officially announced that it has opened a Hong Kong office of the brand that is to currently cover the region of Asia. The news comes at a time when the British software supplier has been focused on expanding and consolidating its presence in the Asian market. The position of VSoftCo’s Asian operations has been occupied by newly-appointed Eric Liang. Mr. Liang is expected to remain particularly focused on following the company’s policy…

The Grosvenor Casinos brand of the British gambling company Rank Group has expanded its offering with a sports betting service that is available to both its land-based and online customers. The new sports betting service of the company is powered by the business-to-business sports betting solutions provider Kambi Group. The Head of sport of the Grosvenor Casinos Steve Munns commented on the new addition to the company’s portfolio, saying that the Grosvenor Casinos brand were fully committed to providing their customers with the best product that is currently available at…

The leading gaming software supplier Playtech revealed that it is to acquire the technology company Consolidated Financial Holdings A/S in order to enhance its Financial Division’s business-to-business offering. The acquisition is expected to be finalised on November 30th 2016. With the completion of the deal, Playtech is to get a majority stake of 70% in CFH. The remaining 30% stake in the CFH is planned to be subjected to the so-called put and call options between the management teams of the two companies. The price of the deal is estimated…

Global betting and gaming company William Hill published its trading update for the 17-week period from June 29th to October 25th 2016, which is the second half of the fiscal year to date, and for the 43-week period ended on October 25th 2016. Apart from the trading update, the company today also announced three new appointments to its Non-executive Directors team. The Interim Chief Executive Officer of the UK-based bookmaker Philip Bowcock commented on William Hills’ performance over the above-mentioned period, saying that the company’s team had still been focused…

The premium online and mobile casino software supplier iSoftBet revealed that it has signed a new partnership agreement with the Austria-based gambling operator AMATIC Industries GmbH. The boss of iSoftBet’s Head of Business Development unit Michael Probert commented on the collaboration agreement saying that the Game Aggregation Platform (GAP) of the UK-based company had managed to develop to a great extent over the past year. According to Mr. Probert, the company had some pretty distinctive features, especially when it came to the content provided by it. The Business Development Division’s…