Codere bondholders call for Spanish company’s break-up to begin with Argentine business Ted Menmuir, SBC Americas · January 10, 2022 at 6:19 pm The break-up of Grupo Codere SA has begun, as debt-holders of the former Bolsa Madrid gambling group are reported to have contacted PE funds and interested parties to sell the firm’s Argentine unit. Sources close to bondholders disclosed to El País that Codere’s break-up would begin with a planned sell-off of its Argentine bingo and arcade business. An Argentine divestment is required to … [Read more...]
Group led by Eddie Jordan wins funding for Playtech bid from PartyGaming co-founder Vikrant Bhargava Gambling Insider · January 10, 2022 at 6:15 pm Eddie Jordan has won the financial backing of Vikrant Bhargava in his bid for supplier Playtech, as reported by the Sunday Times. Bhargava is an Indian-born British businessman, who is the Co-founder of the online casino and poker operator PartyGaming. Bhargava allegedly has committed to part-financing Jordan’s gaming outfit JKO Play. Initially, Playtech had received a $2.7bn purchase offer … [Read more...]
EveryMatrix reports strong Q4 results for OddsMatrix product Ted Orme-Claye, SBC News · January 10, 2022 at 6:11 pm EveryMatrix has reported ‘record turnover’ for its sportsbook platform OddsMatrix during the fourth quarter of 2021, lauding a ‘great milestone’ for the company. The igaming platform provider detailed a monthly average of over €100 million in total bets placed, almost double that of the same corresponding time period one year prior. Additionally, EveryMatrix also identified a ‘massive … [Read more...]
MPs and others seek overhaul of UK National Lottery after good causes get a smaller slice of pie Jon Ungoed-Thomas, The Guardian · January 9, 2022 at 7:09 pm Since its launch in 1994 with the enticing slogan “It could be you” and glitzy televised live draws, the national lottery has created 6,300 millionaires and given £43bn to good causes. But MPs and campaigners are calling for its operations to be overhauled after a slump in the proportion of its revenues going to those causes and growing concerns that its scratchcards and online games fuel … [Read more...]
Argentina: Córdoba gaming bill approved, sent to Governor Nosa Omoigui, iGaming Business · January 9, 2022 at 7:07 pm A bill to legalise online gambling in the Argentine province of Córdoba has received parliamentary approval and been sent to the Governor to be signed into law. The bill, designed to eliminate illegal gambling, was first introduced back in December. It permits the use of casino games, sports betting and lotteries. With Argentina allowing for gambling to be legalised on a state-by-state … [Read more...]
Acting boss of UK gambling regulator set to keep job after crackdown vow Rob Davies, The Guardian · January 9, 2022 at 7:05 pm The acting boss of the Gambling Commission is to be given the job on a permanent basis, the Guardian understands, signalling government approval for his vow to crack down on gambling companies’ “recidivist behaviours” before a landmark industry review. Andrew Rhodes became acting chief executive of the regulator in June 2021, after the sudden resignation of Neil McArthur. Rhodes has since … [Read more...]
In the midst of Venezuela’s economic collapse, casinos—and the dollar—are king again William Neuman, The Atlantic · January 8, 2022 at 12:24 pm The monkey entered the casino after midnight. It clung to the arm of a short man with a military haircut. The man stood and watched the action at the roulette tables while the monkey, a capuchin with a brush cut like its owner’s, swiveled its head from side to side. A waiter fed the animal a cold french fry. Once, between spins of the wheel, the monkey leaped onto the baize table and then back … [Read more...]
Evolution-owned Ezugi obtains UK licence Marese O'Hagan, iGaming Business · January 6, 2022 at 6:17 pm Live dealer gaming supplier Ezugi, owned by Evolution, has received a licence to offer its games in Great Britain. With the licence, Ezugi will offer 11 of its most popular games in the market for the first time. The games it will offer will include roulette, auto-roulette, blackjack and baccarat. “This is a very significant step for Ezugi and its growth,” said Pang Goh, business development … [Read more...]
Dutch regulatory head tells licensees “don’t overdo it” regarding ads Gambling Insider · January 6, 2022 at 6:09 pm René Jansen, Chairman of the Dutch Gaming Authority (KSA), has told operators to rein in their advertising, or risk losing their licences. In a blog post looking ahead to 2022, Jansen said that he knew “the amount of advertising … is causing quite a stir” and advised operators to exercise moderation and demonstrate responsible behaviour. Jansen highlighted several motions already passed by … [Read more...]
Betway scores first French partnership in multi-year agreement with Toulouse FC Peter Lynch, Gambling Insider · January 6, 2022 at 6:06 pm Betway has signed a multi-year agreement with Toulouse Football Club. It is Betway’s first partnership in France, with the agreement seeing the company’s image appear around the club’s stadium, on billboards and on LED panels. Betway’s branding will also be present on the shorts and shoulders of the shirts of the players, until at least the 2024 season. “We are happy and proud to be … [Read more...]
