Monday 7 March 2011 8:36 pm Forth to open books after £745m offer whatsapp whatsapp KCS-content Share Show Comments ▼ More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org FORTH Ports yesterday received a takeover approach valuing the operator at £745m from its largest shareholder, Arcus European Infrastructure Fund, and has given Arcus access to its books.Forth Ports, which owns and operates seven commercial ports in the UK, said following talks Arcus had made an indicative conditional offer worth 1,630p per Forth Ports share not already owned by Arcus, which has a 23.5 per cent stake in the company.Arcus has also offered to pay a 20p per share dividend in respect of Forth’s 2010 performance, which would be paid prior to completion of any offer, Forth said.“On the basis of this indicative proposal, the board has agreed that Arcus can undertake certain confirmatory due diligence,” Britain’s only listed ports company said yesterday.Shares in Forth Ports, which have risen 13 per cent in the last month, closed up 5.38 per cent at 1605p.“Although 1,650p is only an 8.3 per cent premium compared to Friday’s close (1,523p), the Forth Ports share price has been unusually strong of late, up 14 per cent in the past month,” said Arbuthnot analyst Gerald Khoo. Tags: NULL
Portugal has joined France and Spain in a shared poker liquidity network, with PokerStars the first operator to offer a shared pool between the three countries Casino & games Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Portugal joins France and Spain in shared player pool Portugal has joined France and Spain in a shared poker liquidity network, with PokerStars the first operator to offer a shared pool between the three countries. In July last year, regulators from the three nations, as well as Italy, signed a deal to allow operators active across more than one of the markets to merge player pools. Operators in France and Spain have been offering shared pools for some time and Portugal will now join the network, although uncertainty remains as to when Italy will make its move. In January, PokerStars rolled out a shared player pool in France and Spain, and earlier this month, Rafi Ashkenazi, chief executive of the operator’s Stars Group parent company, said an extension to Portugal was close. PokerStars customers in France, Spain and now Portugal can compete against players in each of the countries for larger prizes. To mark the launch, PokerStars will host a €5m ($5.9m) guaranteed online ‘Trio Series’ from June 3-13, featuring 78 events including the €250 Main Event with a €500,000 guarantee. Promotions such as Main Event depositor free-rolls, Second Chance free-rolls, daily free-rolls giving away €3 and €10 satellite and Series tickets, as well as €2.50 Spin & Gos in France will also be on offer. Guy Templer, chief operating officer at Stars Group, said: “We have worked hard to become the first operator to bring the benefits of shared liquidity to Portugal. “Our players will see a huge increase in the variety and scale of our tournaments and promotions and will enjoy more excitement, more competition and more fun. “This dramatically strengthens our offering and demonstrates our commitment to the Portuguese market. “We look forward to working with the Portuguese regulator to further improve the poker product offering for Portuguese players, and additionally hope that Italy will soon progress so that their players can also enjoy the significantly better experience that shared liquidity brings.”Related articles: Portugal close to joining shared poker liquidity pool PokerStars launches shared pool in France, Spain EU poker liquidity: France, Italy, Spain and Portugal finally sign deal Topics: Casino & games Tech & innovation Poker Tags: Card Rooms and Poker Mobile Online Gambling 24th May 2018 | By contenteditor Email Address Regions: Europe Southern Europe Western Europe Spain France Portugal
AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The SG Digital division of Scientific Game has said a successful World Cup for its OpenBet platform demonstrates its “preparedness” for growth in the US. SG Digital processed more than 177 million bets across all channels via OpenBet during the recent national football team tournament, which ran from June 14 to July 15 in Russia. The number of sports bets placed per minute on OpenBet for a single operator peaked at 18,000 during the World Cup. The OpenBet sportsbook is used by operators in regions around the world, but it is the US that SG Digital has an eye on in particular as it seeks further growth.A number of US states have moved to legalise sports betting since the Supreme Court earlier this year voted to overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA). SG Digital has already secured a partnership with geolocation expert GeoComply as part of its expansion plans in the US and will now seek to push forward with its growth plans. Keith O’Loughlin, senior vice-president sportsbook and platforms at SG Digital, said: “The World Cup is an undeniably popular event with global impact, and we’re glad to see our partners perform so well. “In proud partnership with operators, SG Digital’s OpenBet ensured the scale and flex required to ensure a truly entertaining experience for the punters. “The added entertainment value of sports betting can be very powerful when paired with such a worldwide phenomenon; this signals a bright future for us and our customers. ‘We look forward to creating next level performances for similar events in years to come. “Further, we hope this year’s World Cup demonstrates our preparedness for growth in the United States as jurisdictions in the market begin to regulate. It’s an exciting time to be in sports betting.” SG Digital processed over 177 million bets via OpenBet Tags: Online Gambling Subscribe to the iGaming newsletter Sports betting SG Digital prepares for US growth after US success 27th July 2018 | By contenteditor Regions: US Topics: Sports betting Tech & innovation Email Address
Regions: Europe Central and Eastern Europe Germany The European Gaming and Betting Association (EGBA) has advised Germany to reconsider plans to enforce the State Treaty on Gambling until a new regulatory framework is developed.The operator association has called for a “fundamental rethink” of how regulations will be enforced, arguing that work on developing a new regulatory framework should be stepped up.EGBA spoke out after the state of Lower Saxony (Niedersachsen) issued the country’s first federal blocking order to a payment service provider in a bid to stop transactions between German gamblers and offshore igaming sites. The unnamed company has been ordered to stop working with operators offering online casino, poker and lottery betting in the market. Niedersachsen has pledged to issue orders to other payment processors as it looks to restrict the market to sports betting, per the State Treaty, which was renewed until June 30, 2021 earlier this year. The Treaty, which has seen legal challenges block its implementation since it was first ratified in 2012, will act as placeholder legislation until Germany’s 16 federal states can finalise a new regulatory model. EGBA said work on creating this new, more effective, framework should be the focus, rather than trying to stamp out activity based on the previous legislation.“Restrictive or prohibitive measures, such as payment blocking measures, are an attempt to create artificial walls around online markets and can be ineffective and detrimental to player protection,” EGBA secretary general, Maarten Haijer, said.Haijer added that trying to limit the options available to players will not stop them seeking out online gaming sites. By restricting consumer choice, he said, punters would be pushed towards unlicensed or unregulated websites, putting them at greater risk of harm.“A much more fundamental rethink is needed in Germany to bring its online gambling policy up to speed to meet the digital realities of the 21st century,” he said. “Right now, the regulatory situation is fragmented and way behind the developments in most other European countries.“To remedy this, the German authorities should establish an attractive and modern online gambling regulation which acknowledges that many Germans play online casino games and ensures they – and all other players – can play within a safe and regulated environment.”Efforts to develop a liberalised regulatory framework for the igaming market appear to be gaining momentum, with an increasing number of states increasingly in favour of opening up the market to all product verticals similar to the recently renewed Schleswig-Holstein model. Legal & compliance EGBA warns against German payment blocking orders AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The European Gaming and Betting Association (EGBA) has advised Germany to reconsider plans to enforce the State Treaty on Gambling until a new regulatory framework is developed. 21st June 2019 | By contenteditor Tags: Online Gambling Email Address Subscribe to the iGaming newsletter Topics: Legal & compliance
Personalisation of the online casino experience can excite and retain customers far beyond the reach of bonusing and free spins.Through striking the right balance between the deployment of smart technology, a motivated and informed customer experience team and a seamless integration into operations, personalisation can lead to stratospheric increases in turnover, retention and GGR.Join us for this webinar, sponsored by Symphony Solutions and supported by two of its clients, Graphyte and GVC, where we will discuss: AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Webinar: Driving casino yield through AI driven hyper-personalisation Uncategorized The importance of a personalised casino experience to retain players without the need to excessively bonus Where personalisation can drive the biggest bang-for-buck The current state-of-the-art in personalisation technology Real insight from an operator at the vanguard of personalisation in gaming Subscribe to the iGaming newsletter Topics: Uncategorized This webinar is sponsored by Symphony Solutions 19th May 2020 | By In this webinar, sponsored by Symphony Solutions, we will explore how personalisation of the online casino experience can excite and retain customers far beyond the reach of bonusing and free spins. Email Address
Fifa and its integrity department will now investigate confidential information submitted via the app that is shared by FIFPro. FIFPro criticises lifetime bans for Ukrainian players In this case, the sanction was issued on the basis of a report supplied by a sports data provider and match footage reviewed by football pundits. The criticism comes after FIFPro last month had its new smartphone app to anonymously report match-fixing in football approved as a valid reporting tool for potential corruption by the sport’s global governing body Fifa. “This advance has been a tremendous obstacle for players to access justice. FIFPro strongly believes that disciplinary proceedings as well as any appeal should be free of costs,” FIFPro said. Tags: Football FIFPro The International Federation of Professional Footballers (FIFPro) has raised concerns over how a number of Ukrainian players have been handed life bans by the Football Federation of Armenia (FFA), saying the rulings were made based on reports without “substantial evidence”. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter However, FIFPro said though it supports football’s fight against match-fixing, it criticised the FFA for sanctioning the players based on the reports alone, and without due process. Topics: Sports betting Sports integrity According to FIFPro, the players were not informed of any procedure in front of the Committee, while they were handed the bans without being able to respond. Subscribe to the iGaming newsletter Sports integrity In order to appeal against the rulings to the Court of Arbitration for Sport (CAS), the players must pay an advance fee of CHF20,000 (£16,847/€17,705/$21,863), which has been elevated after the FFA refused to pay its share of costs. FIFPro also referenced a recent case involving Latvian goalkeeper Igor Labuts, who successfully appeased to the CAS over a decision by the Football Association of Ireland. The players also had to pay a fee to the FFA in order to receive the decisions and the material on which basis the rulings were made. 30th October 2020 | By Robert Fletcher Regions: Armenia Ukraine The bans, issued by the FFA Disciplinary and Ethics Committee, were sanctioned on the basis of reports from unnamed sports data providers, with the players in questions now facing lifetime bans from the professional game. Email Address
8th January 2021 | By Conor Mulheir Sponsorship MansionBet continues British racing sponsorship into 2021 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The brand’s first sponsored fixture of 2021 will air live on ITV4 from Wincanton on 9 January, followed by further races scheduled for broadcast on ITV, Racing TV and Sky Sports Racing. Tags: MansionBet ARC JCR David Leyden Dunbar, ARC’s group director of partnerships added: “It’s been terrific to work with the team at MansionBet since 2019 and to watch our partnership along with the brand’s commitment to British Horseracing go from strength to strength.” In 2020, MansionBet also signed sponsorship deals in other areas of sport, becoming the main shirt sponsor and betting partner of English Championship football club Bristol City. That led to racing being suspended from March, returning in June to take place behind closed doors, with some fixtures in the fourth quarter of the year even welcoming back limited numbers of spectators. Email Address “Our racecourse teams look forward to working with them again in 2021 and delivering a fantastic schedule of racing across many of our courses throughout the year.” Regions: UK & Ireland It will also become the official betting partner of Goodwood’s opening Saturday, both of which will be broadcast live on TV channel ITV1. Mansion Group’s sports betting brand MansionBet has renewed its sponsorship agreements with Arena Racing Company (ARC) and Jockey Club Racecourses (JCR) to continue supporting British racing in 2021. The operator last year’s sponsorship was successful, in spite of the disruption caused by the novel coronavirus (Covid-19) pandemic. “We are both excited and proud to continue our support of British racing into 2021,” Mansion’s chief marketing officer David Murphy said. “Having taken huge steps forward to improve our racing product over the last 12 months, we continue to strive to deliver the best offering to our customers. The operator has also been official UK betting partner of Newcastle United since 2019, in a deal covering the 2019-20 and 2020-21 seasons. The partnership sees MansionBet operate betting terminals inside the team’s home stadium, St. James’ Park. “2020 was a challenging year for racecourses across the country and we’re pleased to be able to put our name to over 60 events at 26 different venues in 2021.” This sees the brand sponsor over 360 races across 60 fixtures, including title sponsorship of Newbury’s Spring Cup. Throughout the 2020 season, MansionBet branding appeared across a number of racecourses , ending the year with the MansionBet Challow Hurdle day last week at Newbury. Subscribe to the iGaming newsletter Topics: Sports betting Sponsorship Horse racing
Future Anthem chief executive and founder Leigh Nissim added that Future Anthem and Microsoft share a vision when it comes to future growth. “Our approach to AI and data is pioneering within the igaming industry and we are incredibly pleased to land a strategic partner in Microsoft that shares our clear and ambitious vision to grow responsibly and sustainably.” Future Anthem, which offers data science-based solutions intended to increase player engagement and identify markers of harm for vulnerable players, will now be onboarded to Microsoft’s solutions offering and Microsoft’s own sales team will now be able to sell its products. Tags: Future Anthem 26th April 2021 | By Daniel O’Boyle AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “To get this recognition from Microsoft is a proud achievement for Future Anthem that has required substantial input from across the business,” Future Anthem chief marketing officer Mitchell Feldman said. Machine learning solutions provider Future Anthem has secured a strategic partnership with Microsoft that will allow the tech giant to co-sell Future Anthem products as part of its solutions offering. AI supplier Future Anthem secures Microsoft “co-sell” partnership “This is a significant and exciting development that demonstrates how quickly Future Anthem is maturing and creates huge opportunity for us to hyperscale on a global basis,” Nissim said. Tech & innovation “The elasticity and security of Microsoft Azure, coupled with the lead-generation injection that being a co-seller brings, means that will have a transformational effect on our ambitious growth strategy.” Regions: UK & Ireland Subscribe to the iGaming newsletter Topics: Tech & innovation Product & technology Product & technology Regtech Email Address
In addition, 888 highlighted the ongoing rollout of its “Control Centre” safer gambling suite, which extended to further products and countries as part of its ongoing investment in responsible gambling initiatives. “As a result, and underpinned by the group’s strengths as a product-centric, responsible, and diversified operator, the board believes that 888 has an outstanding platform to deliver continued strategic progress during 2021 and beyond.” “We are excited about the US, where we plan to roll out sports into further states in the next few months, and launch our upgraded poker platform into further states in partnership with Caesars and their leading and hugely popular WSOP brand,” Pazner said. 888 added it will continue to increase investment in product and marketing to support long-term growth, which it said would allow adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to be broadly consistent with 2020, despite more investment in US B2C expansion. Overall revenue for the three months to 31 March reached $262.8m (£189.4m/€217.8m), compared to $156.9m in Q1 of 2020, representing a 66% year-on-year increase and 56% rise on a constant currency basis. “The strong momentum in 2020 has continued into the first quarter of 2021, with a new all-time-high for FTDs [first-time deposits] and revenues, although year-on-year trends were partly inflated by the disruption to sporting events at the end of the prior year period, and increased demand for digital entertainment during this period across our main markets,” 888 chief executive Itai Pazner (pictured) said. Topics: Finance Q1 results 2021 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Turning to B2B operations, revenue here increased by 27% year-on-year to $9.7m, with the operator noting growth within its B2B bingo and US operations during the quarter. Looking ahead to Q2 and beyond, 888 said that year-on-year trends will be impacted by a tougher comparative period, the expected impact of regulatory and compliance changes and the effect of the reopening of retail and leisure venues across our markets, following the easing of novel coronavirus (Covid-19) restrictions in markets worldwide. Sports stakes were up 38%, while betting net win margin was 8.0%, up from 6.8% in 2020, which the operator said reflected a combination of favourable sport results and a structural improvement in win margin due to the enhanced product and promotional capabilities of its in-house platform. Other highlights for 888 during the period included a 27% increase in average daily first-time depositors and an 18% rise in funded active players. “We remain very pleased with the strong momentum in the business and the continued positive customer reaction to our suite of new products and innovations. Online gambling operator 888 Holdings has revealed it was able to achieve record revenue in the first quarter of 2021 after experiencing year-on-year growth across all of its business segments. 888 maintains momentum as revenue reaches all-time high in Q1 Tags: Revenue 888 Holdings Results Revenue from its B2C operations – comprising casino, sports betting, poker and bingo – was up 67% year-on-year to $262.8m, with growth across all four product types within this segment. “We are particularly pleased with the strong performance of our new proprietary 888sport platform, which is already servicing the majority of bets while maintaining strong customer service levels and highly effective risk management and trading.” Turning to sports, revenue here was up 63% to $41.6m. The operator also noted the majority of 888sport volumes were migrated to its new in-house platform during Q1 with almost no interruption to customers. Casino remained the primary source of B2C income, with revenue climbing 80% to $195.2m. 888 put this down to investment in the casino product over recent years, as well as ongoing development of its artificial intelligence (AI) driven personalisation and continued expansion of content, including the addition of new games from Playtech and its Section 8 in-house studio. Regulated markets accounted for 76% of all revenue in the quarter, as the operator noted particularly strong growth across the UK, Italy, Spain, Romania and Portugal. Email Address 28th April 2021 | By Robert Fletcher Q1 results 2021 Poker revenue increased by 13% to $14.7m, helped by ongoing strong customer reaction to the Poker8 product, while an improved home page and AI features helped push bingo revenue up 16% to $11.4m. Subscribe to the iGaming newsletter “Our differentiated products and our data-driven marketing continued to underpin strong progress, supported by a favourable industry backdrop.
Social responsibility “This means that if the playing conditions on the online casino site they have been playing on change, for example, in the form of poorer chances of winning, lower betting limits or lower gaming speeds, over 40 percent of online casino players would look for an offer in which the playing conditions have not deteriorated.” The 5.3% turnover tax is an amendment to the Act and was heard by Bundestag’s Finance Committee on 7 June. Two further committees – on Sport and Legal Affairs and Consumer Protection – are also considering the bill. “Our data show that the majority of players in online casinos react very sensitively to changes in gaming conditions,” said Professor Dr. Bert Rürup, president of the Handelsblatt Research Institute, on the findings of the study. A new study suggests that new restrictions and taxes in online gambling in Germany could lead to 40% of players playing offshore and may cancel out player protection efforts. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Last week, the European Gaming and Betting Association (EGBA) filed a formal state aid complaint to the European Commission against the Bundesrat in response to the 5.3% tax proposal, while industry body Deutscher Sportwettenverband (DSWV) filed a similar complaint. Both bodies argue that the tax rates are illegal state aid as they favour the land-based sector over online. Study suggests German State Treaty could see 40% playing offshore The study, which was conducted by the Handelsblatt Research Institute on behalf of online trady body Eco, found that restrictions outlined in the new German State Treaty, the Glücksspielneuregulierungstaatsverag, and the accompanying tax rates could encourage users to play in unlicensed markets and may affect efforts for player protection. Regions: Europe Central and Eastern Europe Germany Email Address Professor Michael Rotert, Eco honorary president, believes that the Treaty should be readjusted to align with best practices in data protection and with lower taxes.“A sensible regulation that enables state control involves opening up the online gambling market to licensed providers who are under state control,” said Rotert. 9th June 2021 | By Marese O’Hagan Topics: Legal & compliance Social responsibility Legal Responsible gambling “This must not be jeopardized by taxation plans, excessive data collections and restrictive regulations, because this survey also confirmed how important the protection of personal data is to people.” Tags: Germany EGBA European Gaming and Betting Association DSWV Deutscher Sportwettenverband Bundesrat Dr. Rürup also commented on amendments to Germany’s Race Betting and Lottery Act, which would set a turnover tax of 5.3% for onlien slots and poker, saying: “The taxes planned by the federal states are extremely high in European and international comparison. A 5.3% tax on stakes could make legal and licensed offers very unattractive.” The Treaty was approved by the state parliament of Nordrhein-Westfalen in April and is set to come into force in all 16 federal states on July 1. In response to aspects the Treaty, Eco expressed concern regarding data protection in terms of the planned system to prevent players playing with multiple operators at a time. Standards for this system were released last week. The amendment has already faced major opposition, the Düsseldorf Institute for Competition Economics (DICE), warning that a tax on turnover could “doom” re-regulation and another study estimating that half of all German players may play offshore under the system.