May 22, 2013
| Edition Nº2237 / Year
10
|
Insiders questioned whether any move for Betfair could succeed
United Kingdom
| 17/04/2013
(UK).- The private equity firm that owns Formula One motor racing is mulling a potential takeover bid for gambling group Betfair. Shares in the FTSE-250 website shot up by 12% on Monday as CVC Capital Partners said it was in talks with a Betfair investor about making a joint offer for the firm, which has a stock market value of about us$ 1.2 billion.
Upgrading its Casino Engine offering
United Kingdom
| 17/04/2013
(UK).- Software provider EveryMatrix announced its newly established partnership with Evolution Gaming. The firm has entered into an agreement with EveryMatrix for the provision of their extensive suite of live casino table games.
To acquire Playtech’s 29 % stake
United Kingdom
| 16/04/2013
(UK).- Playtech announced Monday that William Hill is completing the exercise of its call option to acquire Playtech’s 29 % stake in William Hill Online for us$ 649.3 million, delivering a cash-on-cash return of more than 3.5 times which excludes software royalties.
The company wins further contracts with larger customers
United Kingdom
| 16/04/2013
(UK).- Gaming platform designer Quixant confirmed plans to list on the London Stock Exchanges AIM market with a placing of ordinary shares in an amount of up to us$ 8 million.
Its shares fell 8%
United Kingdom
| 16/04/2013
(UK) - Ladbrokes warned investors it expected annual operating profit to fall this year after a poor performance from horse racing and online gaming in the first quarter. Its shares fell 8% after the unscheduled trading statement, which dashed expectations that the company was turning itself around after problems with its online operations last year.
It will now go ahead with the purchase of 19 casinos
United Kingdom
| 16/04/2013
(UK).- The Rank land and online gambling group is set to become Britain’s largest land gambling firm following the approval this week of the UK Competitions Commission for the Gala Coral deal. Rank can now go ahead with the acquisition of Gala Coral’s land-based estate in the us$ 274.2 million deal.
A us$ 314.8 million operation
United Kingdom
| 12/04/2013
(UK).- The Competition Commission said that it had given the go ahead to UK gaming and betting company Rank Group to buy its rival Gala Coral Group’s unit Gala Casino, owner of 19 casinos and three non-operating licences, for us$ 275.3 million.
To better target the e-commerce market
United Kingdom
| 12/04/2013
(UK).- Bwin, the online gaming giant that is powering Zynga’s first foray into real-money gambling in the UK, is spinning off its payments platform Kalixa. In turn, Kalixa is launching new mobile and online wallet products to further its concept of being a one-stop shop for those seeking an e-commerce solution.
Currently the site offers more than 200 games
United Kingdom
| 12/04/2013
(UK / Malta).- Evolution Gaming has announced that it has been selected to extend Mr Green’s online ‘Casino Playground’ for Roulette, Blackjack and Slots into the Live Casino arena. The company will deliver a wide-ranging mix of branded Live Casino solutions for Mr Green, with rollout scheduled to begin in May 2013.
The testing was conducted by SIQ
United Kingdom
| 11/04/2013
(UK).- ComTrade Gaming has announced that it has been issued with an eGaming License by the Alderney Gambling Control Commission, which will provide the company with the flexibility to offer its leading iGaming platform to new and existing customers.