Monthly Archives: January 2016

GVC revenue rises 10% as casino vertical outpaces sports betting in 2015

UK-listed online gambling operator GVC Holdings says its full-year revenue rose more than 10% in 2015.

On Monday, GVC issued a trading update covering the 12 months ending Dec. 31, 2015, during which net gaming revenue rose 10.2% to €247.7m, averaging €679k per day. Full results for 2015 won’t be released until April.

GVC also broke down key performance indicators for its Q4 2015 period, which showed overall revenue of €712k per day, up 10% year-on-year and up 21.3% on a constant currency basis.

Most of the growth came from GVC’s gaming vertical, which reported average daily revenue of €392, up 13.9% year-on-year. Sports betting revenue rose a more modest 5.6% to €320k per day, while betting handle rose 13.6% to €4.96m per day – completing the streak of consecutive quarter-on-quarter improvements throughout 2015. Sports margins were essentially flat at 9.1%.

NetPlay TV exits talks to acquire Sportech’s Football Pools business

Negotiations for Sportech’s Football Pools betting business are proving harder to maintain than dignity at a Golden Globes award ceremony.

Last month, UK interactive television gambling operator NetPlay TV announced it was in talks to acquire the Football Pools business of Liverpool-based gaming operator Sportech PLC. On Monday, NetPlay announced it was no longer pursuing the deal.

In a note posted to its corporate website, NetPlay said that it had terminated discussions with NetPlay after “careful consideration.” In the wake of NetPlay’s December announcement, Sportech announced that its Pools business was being pursued by a number of interested parties, who were invited to submit formal proposals by mid-January. NetPlay said it had “decided not to enter this process.”

Following its December announcement, NetPlay asked London’s AIM market to suspend trading on its shares while the negotiations with Sportech were ongoing. Accordingly, the suspension was lifted on Monday morning and the company’s shares fell nearly 7% to 6.87p. Sportech’s shares also suffered an early drop but finished the day essentially flat at 60p.

European experience. Representative of Austrian company will tell us about specifics of operating in Georgia

Richard Lerner, manager of Casinos Austria International, will share the experience of operating in Georgia, where the company has opened its casino.

Was it easy to start? Is everything good with laws and taxation? Richard Lerner has something to compare with: his company works in many countries all around the world.

Topic of the speech: “Casinos Austria International. Development in Georgian and international markets”

Lerner’s company invested €2.5mln in the construction of casinos in Batumi. It also invested in the construction of the Hilton Hotel and plans to open an amusement park on the top of Anuria Mountain.

European experience. Representative of Austrian company will tell us about specifics of operating in Georgia

Richard Lerner, manager of Casinos Austria International, will share the experience of operating in Georgia, where the company has opened its casino.

Was it easy to start? Is everything good with laws and taxation? Richard Lerner has something to compare with: his company works in many countries all around the world.

Topic of the speech: “Casinos Austria International. Development in Georgian and international markets”

Lerner’s company invested €2.5mln in the construction of casinos in Batumi. It also invested in the construction of the Hilton Hotel and plans to open an amusement park on the top of Anuria Mountain.

Spigo content now available on Iforium’s Gameflex platform

Spigo, the leading developer of casual casino games, are delighted to announce a new partnership with leading platform provider Iforium.

The new partnership will see the integration of Spigo’s complete games catalogue into Iforium’s innovative Gameflex™ casino platform. All of Spigo’s games will be available on smart phones, tablets and desktop.

Included in the games catalogue are Spigo’s own high quality slot machine games as well as classic games, such as Freecell, 7 Solitaire, Backgammon and Yatzy as well as others, for money.

Kasper Kau, CEO of Spigo, said: “A great start to the new year it is to secure a games agreement with such an experienced team as Iforium. We are looking very much forward to supply our casual casino games products to the casino engine Gameflex as well as offering custom made games to Iforium’s existing and future clients.”

Matchbook Bettors Bet £1Million on Donald Trump to Lose USA Presidential Election

 Bettors are focused on Donald Trump despite Hillary Clinton being the favourite to become the 45th President.

The Trump market appears more volatile as Matchbook bettors have now placed more than £1million against the businessman winning the race.

Hillary Clinton stands out among UK bettors as the favourite to win the race to The White House.

At odds of around 7/10, the market gives Clinton a 56% chance of securing the Democratic Party candidacy and be inaugurated as the 45th US President. Although polls among Republican voters suggest that Donald Trump will be her rival representing the Grand Old Party come November 2016, the market suggests otherwise where Trump only has a 24% to win the GOP nomination.

First Betting Trends Forum: Everything About The State And Possibilities Of The Sports Betting

On March 17, 2016, Moscow will host Betting Trends Forum – first and only specialized event devoted to sports betting. Participants will discuss one of the hottest segments on the gambling market – online bets.

Key topic at the forum will address the legislative regulation of betting in Russia.

As you know, the President charged a task for Russian government to examine the possibility of raising sports revenue from betting and tote. Currently, the practical implementation of this task is not completed, and the segment continues to live under weak legislative regulation.

Basis for discussions: