888 Holdings and Rank Group Consider £3-Billion Acquisition Bid for Struggling William Hill

888 Holdings and Rank Group Consider £3-Billion Acquisition Bid for Struggling William Hill

The online betting company 888 Holdings and the casino operator Rank Group are having negotiations over a joint takeover bid for William Hill, which has been lately having some difficulties. The joint bit is estimated to £3 billion. An eventual takeover would be the latest in a series of acquisition deals between gaming groups at a time that most companies are facing some difficulties associated with harsher regulations and increased new taxes have influenced on profits in the sector. The information was made public through a joint statement of the…

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Pragmatic Play Acquired by IBID Group

Pragmatic Play Acquired by IBID Group

According to a statement made by the investment firm IBID Group, an acquisition of the entire share capital that Pragmatic Play had issued has been finalised. The latter is a business-to-business company that currently provides a variety of virtual casino gaming options to clients worldwide. Pragmatic Play’s offices are based in Malta and the Isle of Man to date. As revealed by IBID Group in its statement, the investment development company intends to turn Pragmatic Play into a major business-to-business digital gaming content supplier by working in collaboration with first-class…

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Marathonbet Announces Quickspin Slots Addition to Expand Portfolio

Marathonbet Announces Quickspin Slots Addition to Expand Portfolio

The UK-based betting operator Marathonbet is to expand their portfolio by adding some of the Quickspin products to their offerings. The company, which is one of the oldest independent casino and sportsbook operators, is aiming at consolidating its positions by making new additions. Established back in 1997, Marathonbet in an online casino and betting company that operates throughout a number of Internet gaming licenses. Currently, the company is licensed in the UK and in Curacao. The Head of Gaming of Marathonbet Christian Melin confirmed the deal, saying that everyone was…

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iSoftBet Expands GAP with Ainsworth Technology Content Deal

iSoftBet Expands GAP with Ainsworth Technology Content Deal

The leading web-based and mobile casino and gaming provider iSoftBet has managed to expand its Game Aggregation Platform (GAP) service by signing a content deal with Ainsworth Game Technology. The partnership with the Australian company which is headquartered in Newington, Sydney will provide the UK-based company with the chance to add some content from Ainsworth Game Technology to its GAP service. Currently, the GAP service of iSoftBet is considered one of the most advanced casino and gaming platforms on the Internet with a great number of content offerings in its…

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James Henderson Steps Down as William Hill CEO

James Henderson Steps Down as William Hill CEO

The leading UK-based bookmaker William Hill made a surprising announcement on Thursday morning, saying that Chief Executive Officer James Henderson is to leave the company. He is stepping down with immediate effect. The sudden departure of Mr. Henderson puts an end to his long career at the company. At the same time, the company confirmed the profit warnings that were issued less than a week ago and said it is expected for them to meet the expectations of annual operating profit in the range from £260 to £280 million in…

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FSB Technology Joins Forces with Rackspace for Private Cloud Service

FSB Technology Joins Forces with Rackspace for Private Cloud Service

FSB Technology Ltd, one of the leading industry platform providers up to date, has joined forces with the IT solutions company Rackspace. The partnership has been initiated in order for the company to implement its own private cloud service right before the new football season. The co-founder and Chief Executive Officer of FSB Dave McDowell commented on the partnership between the two companies, explaining that their aim had always been offering their customers the opportunity to run the most efficient operations by using modern technology. Mr. McDowell also said that…

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Mr Green Reports Revenue Increase in Q2 and H1

Mr Green Reports Revenue Increase in Q2 and H1

The Swedish provider of gambling and sports betting products and services Mr Green released a report about company’s financial performance in Q2 and H1 of 2016. According to the released numbers concerning the Q2 results, a rapid growth in the mobile sector has been noticed. The revenue from games played via mobile devices jumped by 69.4% to reach SEK 90.4 million. The total revenue amounted to SEK 211.2 million, which means an increase of 8.4% YOY has been registered. As for EBITDA, it was estimated at SEK 12 million and…

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Playtech Scoops the “Most Effective Agency Collaboration” Award

Playtech Scoops the “Most Effective Agency Collaboration” Award

The gaming giant Playtech scooped the prize for the “Most Effective Agency Collaboration”. The award was granted at the International Corporate Event Awards ceremony. The event took place in the well-known Victoria and Albert Museum in London and it was attended by leading names in the gambling industry as well as representatives of well-established and starting companies. As many as 260 guests, representing 104 companies and 15 industry sectors were among the attendees. Awards were given in nine project categories including Best Sponsorship Activation, Best Leadership Event, Most Effective Use…

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Frida Gustafsson Appointed as Yggdrasil Chief Financial Officer

Frida Gustafsson Appointed as Yggdrasil Chief Financial Officer

Representatives of Yggdrasil Gaming, the prominent Cherry AB subsidiary, announced earlier today that the company has a new Chief Financial Officer. The new role is assigned to Frida Gustafsson. Her appointment is a result of the rapid expansion Yggdrasil has been going through over the last couple of months. Gustafsson is no stranger to the gaming business. Before joining Yggdrasil, she used to work for NetEnt. Her most recent position within the company was a Finance manager for tax and new markets. Gustafsson will be based in Yggdrasil’s Maltese office.…

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Sportsbet Remains Leading Investor in Gambling Ads Despite Legal Hurdles

Sportsbet Remains Leading Investor in Gambling Ads Despite Legal Hurdles

Representatives of the Australian Wagering Council commented on the matter regarding the advertising issues that have befallen the country lately and said that all operators holding licenses, had the legal right to promote their products and services via various communication channels. However, they said they will address the community concerns, related to sports betting ads. The Council has already discussed various options for nationwide regulation of gambling advertisements. Some of the demands included the sports betting ads to be banned during the time slots intended for general audience. If these…

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