Nektan Agrees on Asset Transfer and Licensing Agreement with Buckingham

Nektan Agrees on Asset Transfer and Licensing Agreement with Buckingham

The London-based mobile gaming supplier Nektan Plc has announced that it has decided to carry out an asset sale in addition to a licensing deal with Buckingham HMB Ltd. A total of three gaming brands that are wholly-owned by the company are subjected to the sale. The Chief Executive Officer of Nektan Leigh Nissim commented on the deal, saying that Nektan had started to “refine” its structure in order to become more focused on its businesses on the territory of Europe and the US. According to Mr. Nissim, the company…

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Paddy Power Betfair Expected to Report Improved H1 Revenues and Earnings

Paddy Power Betfair Expected to Report Improved H1 Revenues and Earnings

A few months after the merger that led to the establishment of Paddy Power Betfair, the company is about to release information about its financial performance during H1 of the year. The report that is to be released on August 24th is greatly anticipated by market analysts and investors. The two betting giants joined forces in February and started trading on the Irish and London stock exchanges. Since February key company executives stepped down from their positions including Andy McCue, who used to be Paddy’s Chief Executive. The maiden interim…

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Rank Group – 888 Consortium Abandons Plans for William Hill Acquisition

Rank Group – 888 Consortium Abandons Plans for William Hill Acquisition

A few days after William Hill officials dismissed the sweetened Rank Group-888 Holdings takeover bid, the consortium announced that no further efforts towards bookmaker’s acquisition were to be made. Rank Group and 888 submitted bids for the acquisition of the casino and sports betting giant on August 8th and August14th. The three-way deal would have resulted in the establishment of the largest multi-channel gambling operator in the United Kingdom and a competitive gambling company on a global scale. However, William Hill officials regarded the first £3.6 billion offer as “highly…

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SeanieMac Ceases Operations Unless Financial Aid Is Found

SeanieMac Ceases Operations Unless Financial Aid Is Found

The online betting group SeanieMac International announced that it has entered into talks with potential investors due to the massive revenue slump it had experienced recently. Company representatives revealed that if SeanieMac is unable to raise additional funds and make up for the $10 million losses, it might cease its operations. Seaniemac was founded by Sean McEniff, the son of the former GGA player Brian McEniff. However, Mr. McEniff is no longer in charge of the company. He used to be SeanieMac’s CEO and Chairman until 2014 when he decided…

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Sky Bet Replaces Enterprise Data Warehouse with Cloudera Enterprise Apache Hadoop Platform

Sky Bet Replaces Enterprise Data Warehouse with Cloudera Enterprise Apache Hadoop Platform

The UK provider of sports betting and gambling services Sky Betting and Gaming announced that it has entered into a partnership with Cloudera Enterprise with the aim of strengthening its positions on the online gambling market. Sky Bet, which is a division of Sky, has a weekly client base of approximately 500,000 customers who will benefit from personalised gambling experience and money-back promotions. Sky Bet is largely owned by CVC Capital Partners and the partnership with Cloudera means it will substitute the enterprise data warehouse for its very own platform…

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Just For The Win Casino Content to Be Launched on Microgaming Quickfire Platform

Just For The Win Casino Content to Be Launched on Microgaming Quickfire Platform

Microgaming representatives announced that the provider has signed a distribution agreement with Just For The Win. The latter is an emerging game studio and the partnership with Microgaming enables it to distribute its gaming products over a great number of brands, currently available on the Quickfire platform. Just For The Win is yet to release its content, but it is expected to become a leader in the industry due to the team in charge of its development. The team members are said to have a vast experience in the gambling…

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William Hill Becomes FWA New Title Sponsor

William Hill Becomes FWA New Title Sponsor

The UK sports betting and casino giant William Hill announced that it has extended its partnership agreement with the Football Writers’ Association. During the next three years, William Hill will be its general sponsor. Both organisations have been working in collaboration for three years now. According to the agreement clauses, William Hill was required to produce weekly podcasts. As for FWA, it was established in 1947 and it is mainly known as the organisation awarding the annual Footballer of the Year award. Some of the latest winners are Leicester’s star…

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William Hill Turns Down Revised 888-Rank Takeover Bid

William Hill Turns Down Revised 888-Rank Takeover Bid

Representatives of the UK casino and sports betting giant William Hill announced that the company has rejected the revised takeover bid, submitted by Rank Group and 888 Holdings. They clarified that the bookmaker is still unable to identify any long-term benefits of joining the consortium. Last week, 888 and Rank Group sent a £3.6 billion takeover proposal that was rejected in a couple of hours. They continued to seek a merger and urged William Hill officials to consider entering into talks and discussing the price as well as the debt…

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BetConstruct Signs a Partnership Deal with Hollywoodbets International

BetConstruct Signs a Partnership Deal with Hollywoodbets International

The London-based software development company BetConstruct has officially announced that it reached a partnership deal with Hollywoodbets International. Under the terms of the agreement, the UK software provider is to make its award-winning Sportsbook product available to Hollywoodbets. By using the Sportsbook offerings of BetConstruct, the Isle of Man-based company is to become more focused on expanding its reach on the African market which has been rapidly growing lately. The Director of the South African Regional Office of BetConstruct Zorair Asadour commented on the newly-inked collaboration, saying that Hollywoodbets is…

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iSoftBet Signs Content Distribution Deal with bgo

iSoftBet Signs Content Distribution Deal with bgo

One of the leading UK-based online and mobile games providers, iSoftBet has officially announced that a content distribution deal with the online gaming company bgo had been signed. The Managing Director of iSoftBet Nir Elbaz confirmed a new agreement was signed and commented on it, saying that the entire team of the company was very excited about the upcoming collaboration. According to Mr. Elbaz, this partnership will be extremely beneficial for the company’s customers, as they would get an outstanding experience. iSoftBet’s Managing Director also explained that the company’s innovative…

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