Author: Olivia Cole

One of the largest bookmakers on the territory of the UK and Ireland – Paddy Power Betfair – saw its shares sharply decrease after the company made an unexpected announcement. This morning, Paddy Power surprisingly revealed that its Chief Executive Officer Breon Corcoran is to step down. As a result, the prize of the company’s shares was more than 4% lower at today’s opening in comparison to their prize on Friday market closure. The bookmaker revealed that Mr. Corcoran has reached the company’s board to inform it that he wished…

The online payments company Paysafe Group PLC has agreed to a takeover offer made by a consortium formed by the American multinational private equity firm The Blackstone Group L.P and the private equity firm CVC Capital Partners, which is also known as the owner of Sky Betting & Gaming. The acquisition bid for Paysafe Group is estimated to £3 billion. It comes as the latest one in a series of similar deals which have been recently carried out in the sector. The brand offers pre-paid cashcards and web-based wallets, which…

The gaming company Betting Gods has finalised it relocation and is now based in Malta. The relocation officially came into effect on July 31st 2017. The professional sports tipster network, as the company describes itself, has finally moved from their head office in Derby, UK to Malta after months of careful planning. The process took them about six months since the beginning of 2017. As a result, the company is to operate as Betting Gods Malta Ltd from now on, based in the town of St Julian. The founder of…

The online gambling behemoth Amaya Inc. officially announced that it had finalised the process of rebranding. The company has previously revealed the planned change of its corporate name and is to now continue working as The Stars Group Inc. The Canadian online gambling giant also revealed that it has successfully moved its headquarters from Montreal to Toronto. The planned name change is the reason why the company is to operate under a new corporate logo. A new company website was also launched. Local regulatory authorities have also given it the…

A few days ago, it was revealed that the Betway Partners affiliate program is to be taken over by Buffalo Partners, a notorious casino affiliate program promoting a group of Microgaming casino brands. It came to our knowledge that online gaming company is to give Buffalo Partners the control of some of its activities, including REV share accounts. The transfer is to take effect on August 1st, 2017. For a few years now, Buffalo Partners has been considered as one of the most unfair affiliate programs, known for its practices…

At the end of last week, the web-based fantasy sports operator in the DFS industry FanDuel unexpectedly revealed that it is to leave the UK market after spending almost a year there. The company’s UK brand announced the exit, explaining that local operations are set to be closed so that the daily fantasy sports operator could focus on its primary website aimed at American customers. The company’s exodus from the UK market is not expected to have a negative impact on FanDuel’s operations on the territory of the US and…

For quite some time, one of the largest and most reputable bookmakers on a global scale – William Hill – has been dealing with some ups and downs on its way. At the time when Philip Bowcock was officially announced as a Chief Executive Officer at a permanent basis, there are various media rumours that there was no other choice for the bookmaker which made the decision to remain as a separate entity with Mr. Bowcock as head of the company. William Hill’s Chairman Gareth Davies disproved these rumours, calling…

Major UK casino brand Grosvenor Casinos announced it has agreed on a sponsorship deal with Fulham Football Club. Under the terms of the agreement, the leading casino operator is to become the main team partner of the professional association football club for a period of two years. The logo of Grosvenor Casinos will be displayed on the shirts worn by the team’s players for the 2017/2018 Premier League season. The announcement of Fulham’s partnership with the gambling operator coincided with the unveiling of the team’s new home kit, which the…

Major B2B supplier of sports betting services Kambi Group announced today it has decided to extend its sportsbook contract with leading sports betting operator 888sport. The terms of the new contract agreement will see the Malta-based sports betting services supplier extending its high-end sportsbook and software platform for 888sports to use for a multi-year period. Under the terms of the agreement, Kambi will be recognised as the supplier of 888 Holding’s sports betting offering and would support the further expansion and growth of the well-known operator across the sports vertical.…

International provider of Video Game Gambling Machines (VGM) GameCo plans further expansion across markets outside the United States, where the company is based. The American company specialises in the manufacturing of the so-called “skill-based” slot machines where the players’ skill level determines the payout of the game. The said slot machines aim at attracting more interest on behalf of younger players and millennials towards landbased gambling venues. The US-based company debuted its innovative arcade games back in the winter of 2016 when the first skill-based slot machines, manufactured by GameCo,…