Playmaker acquires Brazilian digital media firm Futmarketing in anticipation of legal sports betting this year Ted Orme-Claye, SBC News · January 5, 2022 at 6:10 pm Digital sports media company Playmaker Capital has moved to bolster its position in the Latin American market by completing its acquisition of Brazilian digital media and marketing group Futmarketing. Following the merger, the day-to-day operations of Futmarketing will be managed by Futbol Sites, a Playmaker subsidiary. Playmaker has emphasised that its new holding has ‘played a pivotal role’ … [Read more...]
Chilean Association of Gaming Casinos names former government official as president Lucia Mouriño, SBC Americas · January 5, 2022 at 6:03 pm Mariana Soto, former chief of staff of the Chilean Ministry of Energy and the telecommunications company WOM, has been introduced as the new President of the Chilean Association of Gaming Casinos (ACCJ). Soto will replace the owner of casino company Marina del Sol Nicolás Imschenetzky, who stepped down on December 31, 2021. Her appointment represents a milestone in the Chilean industry since in … [Read more...]
Playtech delays decision on £2.7bn takeover from Aristocrat to consider possible rival bidder Jyoti Mann, Financial Times · January 5, 2022 at 5:59 pm Playtech, the gambling technology group, has delayed a decision on a £2.7bn takeover bid from Aristocrat, fuelling hopes of a bidding war as a rival suitor, JKO Play, has been given more time to make its offer. Playtech, which provides software for gambling companies to power their live casinos, said in a statement on Wednesday that “discussions with JKO are progressing. JKO has asked that it … [Read more...]
Bet-at-home shutters Malta business after Austrian casino withdrawal Daniel O'Boyle, iGaming Business · January 4, 2022 at 5:43 pm Bet-at-home has announced the winding up of its Malta business, after it ceased offering online casino in Austria in October. In October, Bet-at-home announced plans to stop offering online casino in Austria. That decision followed a ruling in an ongoing legal case in the country in which a number of players sought reimbursement for losses incurred with unlicensed operators. Casinos Austria is … [Read more...]
William Hill faces fine after giving incorrect data to UK regulator Rob Davies, The Guardian · January 4, 2022 at 5:39 pm The bookmaker William Hill could be fined after it emerged that it submitted incorrect data to the Gambling Commission. The information forced the regulator to tear up its analysis of the impact Covid-19 has had on betting habits. Responding to concern that successive lockdowns could drive people to bet too much online, the Gambling Commission has published regular updates since March 2020 … [Read more...]
Swedish trade group calls on government to rethink deposit limit reduction Gambling Insider · January 4, 2022 at 5:36 pm The Swedish Trade Association for Online Gambling (BOS) has criticised the Government’s proposed change to deposit limits at online casinos. Sweden’s Minister for Social Security Ardalan Shekarabi said a proposal that would lower players’ weekly deposit limit from SEK 5,000 ($548.76) to SEK 4,000 is imminent. But the BOS has come out against the move and called on the government to rethink … [Read more...]
Moroccan State Lottery seeks new operator to manage sports betting, lottery Gambling Insider · January 2, 2022 at 6:22 pm Morocco’s State Lottery has put out an international call for tenders as it seeks a new operator. La Marocaine des Jeux et des Sports (MDJS) is offering an eight-year contract from 1 January 2023 for the overall management and operation of its lottery, sports betting and other activities, with the option of a two-year extension. Bids must be submitted before 4 April 2022, when the proposal … [Read more...]
UK: 888 expects to close acquisition of William Hill’s non-US assets in Q2 2022 Gambling Insider · January 2, 2022 at 6:19 pm 888 Holdings anticipates that it will complete the acquisition of William Hill’s non-US assets in the second quarter of 2022. This is a change from an announcement in November when the company expected a Q1 completion date. In its most recent update, 888 said it will publish a combined circular and prospectus for the acquisition and capital raise in the second quarter, followed by a shareholder … [Read more...]
Denmark: Vita Media acquires Greenplay online casino from Codere Ted Orme-Claye, SBC News · January 2, 2022 at 6:17 pm A recent acquisition has seen Vita Media Group secure...igaming company Greenplay, a subsidiary of Spanish group Codere Online Management Services. Incorporating the casino brand into its OMG Affiliates division – the seventh company to join the unit – Vita Media aims to strengthen its market position in European and Latin American sectors as part of its wider growth strategy. As a result of … [Read more...]
Genting Singapore places Japan subsidiaries under voluntary liquidation Shazni Ong, The Edge Markets · December 30, 2021 at 2:14 pm Genting Bhd’s 52.7%-owned subsidiary Genting Singapore Ltd announced that it had placed eight Japan-incorporated wholly-owned subsidiaries under voluntary dissolution and liquidation. In an announcement on Tuesday (Dec 28) to the Singapore Exchange, casino and hotel operator Genting Singapore said the subsidiaries placed under voluntary dissolution and liquidation comprise direct wholly-owned … [Read more...]
