Investors gamble on a bidding war for William Hill Chris Hughes, Bloomberg · September 26, 2020 at 8:33 pm It feels a bit soon to declare jackpot. The market is betting on a heated auction after U.K. bookmaker William Hill Plc confirmed a Bloomberg News report of bid interest from buyout shop Apollo Global Management Inc., adding that its U.S. partner, Caesars Entertainment Inc., is circling too. But there must be some doubt over whether a deal really can be done much above the levels investors are … [Read more...]
Crown casino inquiry told James Packer given secret financial forecasts before share sale Anne Davies, The Guardian · September 25, 2020 at 7:24 am The inquiry into the suitability of Crown Resorts to hold a casino licence has heard that secret financial forecasts were provided to billionaire James Packer just before he announced plans to sell up to 19.9% of the group to Laurence Ho’s Melco Resorts. Packer was, and remains, the largest shareholder in the ASX-listed Crown through his private company Consolidated Press Holdings (CPH). But by … [Read more...]
Northern Ireland gambling: ‘Strong support’ for industry regulator Jayne McCormack, BBC News · September 25, 2020 at 7:17 am There is "strong support" for the creation of an independent gambling regulator for NI, according to a Stormont department's consultation. The Department for Communities carried out a consultation on gambling laws between last December and February. It received almost 400 responses. Unlike Great Britain, which has a gambling commission, NI does not. The communities minister is expected to … [Read more...]
Ladbrokes launches new 5-a-side bet Owain Flanders, Gambling Insider · September 25, 2020 at 6:28 am UK-based bookmaker Ladbrokes has announced the launch of a new accumulator 5-a-side bet, in partnership with long-term existing suppliers Banach and Opta. Through the new 5-a-side bet, customers will be able to create their own 5-a-side team from players in games in the English Premier League, UEFA Champions League, German Bundesliga, Italian Serie A, Spanish La Liga and French Ligue 1. The … [Read more...]
Tipwin advances ‘Germany 2021’ strategy with GiG casino and data upgrades Ted Menmuir, SBC News · September 24, 2020 at 7:38 pm Gaming Innovation Group (GiG) has continued its ‘B2B drive’ after announcing that it has secured a multi-services agreement with Tipwin Ltd to serve as the DACH region operator’s lead casino platform and data intelligence provider. Updating the market, GiG confirmed that it has signed a ‘minimum contract term of three years’, in which it will provide Tipwin’s new online casino offering and … [Read more...]
Parimatch seals two-year Everton partnership Owain Flanders, Gambling Insider · September 24, 2020 at 7:33 pm Sports betting operator Parimatch has signed a new partnership with English Premier League football club Everton. The two-year deal will make Parimatch official betting partner of the team in Europe and the Commonwealth of Independent States. The betting company will benefit from brand exposure during matchdays at Everton’s home Goodison Park stadium, with advertising to be shown on LED … [Read more...]
Casino and racing industries react to new UK pandemic restrictions Violeta Prockyte, Gambling Insider · September 24, 2020 at 7:30 am Prime Minister Boris Johnson has announced renewed restrictions to battle the coronavirus pandemic, including closing bars, restaurants and casinos after 10pm. The new restrictions could last up to six months and the gaming sector is anticipating massive job losses. Michael Dugher, CEO of the Betting and Gaming Council, said the curfew will likely cut casino income by 75% and “some 7,000 … [Read more...]
Spanish lawmakers agree to integrate self-exclusion schemes iGaming Business · September 24, 2020 at 7:18 am Representatives of Spain’s 17 autonomous communities have agreed to integrate each region’s self-exclusion schemes for gambling, to better coordinate player protection efforts on a local and national level. The agreement was reached with the 17 communities and the autonomous cities of Ceuta and Melilla, which have developed their own gambling regulations, at a meeting of the national Gambling … [Read more...]
Buenos Aires to debate online gambling regulation Lucia Mouriño, SBC Americas · September 24, 2020 at 6:50 am This Thursday, the Legislature of the city of Buenos Aires will debate two bills to regulate the online gambling industry. One would set a regulatory framework that would include problem gambling provisions, while the other would establish a new online gambling law. A condition from the Coalición Cívica – which is part of the ruling party – proposes the ban of credit cards in the online … [Read more...]
Paf lowers annual loss limit by €5000 Owain Flanders, Gambling Insider · September 23, 2020 at 5:32 pm Nordic gaming operator Paf has lowered its annual loss limit for customers by €5000 ($5847) in a bid to greater strengthen its responsible gaming commitment. The company first introduced a loss limit of €30,000 per year in 2018, making Paf the first international company to introduce such a limit. Last year, this was lowered to €25,000. After this additional reduction, the limit will now stand … [Read more...]
