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governance committee of sports betting technology provider Sportech PLC have announced that they are putting the entire company up for sale, following a strategic review of its business. London investment firm Canaccord Genuity has been confirmed as the firms lead financial adviser and will work alongside Sportech’s Takeover Panel to review submitted bids with the […]

ier today, Kambi posted its financial results for the third quarter of 2017. The company’s revenue amounted to €14.8m in the third quarter period, totalling €43.1m for the first nine months of the year.Operating profit (EBIT) for the third quarter of 2017 was €1.1m, with a margin of 7%, and €2.7m for the period January

al sportsbook operator Bwin has announced the official launch of its inaugural Russia-facing website, Bwin.ru. Bwin has also confirmed that it will soon start accepting bets from gamblers within Russia.Bwin.ru is a partnership with local businessman Alexander Mamut, owner of Russia-licensed bookmaker Digital Betting LLC and online media company Rambler & Co which operates several

owing reports last week that UK bookmaker William Hill was looking to buy the CrownBet operation from Crown Resorts, it is now understood that Paddy Power Betfair is also looking to make an offer for the online gaming business.The rival bookmaker already owns Australia’s leading online gambling business, Sportsbet, and the group’s shares rose 3.08%

ports betting operator Betway has signed a three year contract extension to its existing sponsorship of snooker’s UK Championship for a period up to and including 2020.Considered as snooker’s second biggest ranking event, after the World Championship, and part of snooker’s Triple Crown, the 2017 Betway UK Championship is currently taking place at the York

ese affiliate network Catena Media have announced a deal to acquire German sports affiliate provider Baybets Ltd, for €26.5m.Under the terms of the deal Catena will pay a total consideration of €26.5m, of which €13.25m will be paid with newly-issued shares in Catena Media while the remainder will be paid in cash.The acquisition deal also

ew Jersey begins its appeal in the US Supreme Court, one of its congressmen has proposed a comprehensive gaming bill which would redefine sports betting in the US, should its appeal succeed. Democratic Congressman Frank Pallone first proposed the Gaming Accountability and Modernisation Enhancement Act or GAME Act, earlier this year which at its heart

state of Ohio will likely become the 19th US state to allow daily fantasy sports (DFS), following the passage of a bill legalising and regulating these contests to its Governor, John Kasich. House bill 132 was passed yesterday by the Ohio legislature, 86 votes to 3 after being passed overwhelmingly by the states House of

and’s finance minister has dismissed proposals to increase the current 1% tax rate on revenue paid by the country’s betting operators in the wake of outcry from the industry.Paschal Donohoe, Irish Minister for Finance, was presented with three proposals by the Department of finance which could have potentially raised around €50m from locally-regulated bookmakers.The first

build up to the Global Gaming Awards London has now begun in earnest, with the judging panel now set to begin casting their votes and crowning the winners.The London ceremony celebrates the broad nature of the international gaming world, and the nominees in the shortlist reflect this diversity.Global Gaming Awards London champions the work of