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Greece requests higher offer for OPAP stake
Industry
Greece has given the only qualified bidder for its stake in OPAP until Thursday morning to increase its offer.
Greek privatisation agency HRADF announced yesterday that it had only ...
888 to launch sports in Italy and Spain with new provider
Industry
888 is targeting sportsbook launches in Italy and Spain with its new platform provider, CEO Brian Mattingley revealed this morning.
The 888 boss said the signing of a contract with ...
Bet365 owners edge closer to first billion
Industry
The bet365-owning Coates family again topped the fortunes made from gambling in this year’s Sunday Times Rich List, ranking 93rd in the newspaper’s annual rundown of the 1,000 wealthiest ...
CVC bid of £900m “undervalues” company, says Betfair
Industry
Betfair has rejected a bid of 880p per share from a group of investors led by private equity firm CVC, valuing the company at just over £900m.
The board of the London-listed betting ...
“Tough quarter? I don’t think so”, says Hill’s boss
Industry
William Hill boss Ralph Topping dismissed talk of a “tough quarter” this morning as his company’s booming online and mobile business helped it deliver an 8% rise in group ...
Greek blocking measures waved through by EC
Industry
The European Commission today removed its block on controversial Greek enforcement measures which forced London-listed Betfair and William Hill from the market last year.
EU regulators ...
Spain to license online slots, exchange betting
Industry
Spanish regulator the DGOJ has recommended the regulation and licensing of online slots and exchange betting.
The decision, announced this morning, followed a consultation into the ...
Major iPoker rooms to offer mobile poker “within weeks”
Industry
Playtech’s iPoker network has announced a software update which will see several of its major licensees offer mobile poker via HTML and Native iOS platforms “within weeks”.
The ...
Playtech decides against joint OPAP bid
Industry
A consortium led by Playtech and its German B2B partner Gauselmann was not among the parties submitting binding bids for the Greek government’s 33% stake in OPAP by yesterday’s ...
Belgium expands blacklist, adds PKR and Redbet
Industry
Two domains belonging to 3D poker operator PKR were among five added to the Belgian Gaming Commission’s blacklist of unauthorised websites today.
PKR.com and sister casino site PKRcasino.com ...
ASA bans another Betfair ad
Industry
An ad for Betfair’s exchange claiming to offer the best prices on horse races 30 minutes before the off has been banned by UK regulator the Advertising Standards Authority (ASA) for ...
Bitar pleads guilty, avoids jail time
Industry
Ray Bitar’s no-jail plea bargain was accepted by a US District Court Judge in Manhattan yesterday, to allow the ailing ex-Full Tilt boss to receive a life-saving heart transplant ...
William Hill completes Playtech JV buyout
Industry
William Hill today completed its acquisition of software supplier Playtech’s 29% stake in its William Hill Online business for £424m.
CEO Ralph Topping said the board was pleased ...
Private equity fund eyes Betfair takeover
Industry
Formula One owner CVC Capital Partners is holding preliminary talks with investors regarding a potential buy-out of London-listed betting exchange operator Betfair.
Betfair emphasised ...
Ladbrokes issues profit warning
News
Ladbrokes has issued its Q1 interim management statement early, alerting investors that it expects full-year profits to be towards the lower end of expectations following a difficult ...
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