Gambling News 18th June, 2015

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PLAYTECH SETS ABOUT RAISING CAPITAL FOR PLUS500 DEAL (Update)

18th June, 2015 at 18:05:48
Company places up to 29,050,000 ordinary shares - 9.9 percent of current issued share capital - to help fund 459.6 million purchase.

Playtech plc announced Thursday a placing of over 29 million shares - around 9.9 percent of its share capital - to fund its 459.6 million acquisition of CFD trader Plus500 (see previous reports).

Full Story: Playtech Sets About Raising Capital For Plus500 Deal (update) »

WILL HILL C.F.O. GOES BACK TO THE PROPERTY INDUSTRY

18th June, 2015 at 18:05:48
Group finance director Neil Cooper is joining Barratt Developments.

After almost 5 years in the gambling industry as CFO of William Hill plc, Neil Cooper is set to return to the property and housing industry, taking up a senior management position with Barratt Developments.

Full Story: Will Hill C.f.o. Goes Back To The Property Industry »

POPULAR MOVIE THE THEME FOR NEW MICROGAMING SLOT

18th June, 2015 at 18:05:48
Watch out for the Bridesmaids slot.

Microgaming has previewed a new online slot release, which is themed on the major hit comedy movie Bridesmaids.

Full Story: Popular Movie The Theme For New Microgaming Slot »

BETVICTOR BEEFING UP THE MANAGEMENT TEAM

18th June, 2015 at 18:05:48
Gibraltar online betting firms hires executive search company to find 8 managers.

The international executive search firm Odgers Berndtson has been engaged by Gibraltar-based online gambling group BetVictor to find eight new managers as the company seeks to beef up its leadership at the C level.

Full Story: Betvictor Beefing Up The Management Team »

CHROMA SPORTS IMPROVES WIN CASH LIVE'S INTERFACE

18th June, 2015 at 10:01:03
Sports and games enhancement for new TV and online gambling service in the UK.

Chroma Sports, a digital technology supplier, has announced the completion of development work on an advanced user interface for the recently UK-launched Win Cash Live television and internet gambling service.

Full Story: Chroma Sports Improves Win Cash Live's Interface »

BETCLIC SIGNS WITH YGGDRASIL FOR GAMES

18th June, 2015 at 10:01:03
Three online casino brands involved in agreement.

Yggdrasil Gaming has signed a deal with BetClic Everest Group to provide three of its brands with access to the Swedish developer's entire product suite, including the recently-launched pooled progressive Jackpot game Joker Millions.

Full Story: Betclic Signs With Yggdrasil For Games »

DAILY FANTASY SPORTS PROVIDER WANTS A U.K. GAMBLING LICENCE

18th June, 2015 at 10:01:03
DraftKings eyes UK opportunities after applying for software and pool betting licensing.

Eagle-eyed industry observers trawling the UK Gambling Commission website have made the startling discovery that the high-profile US daily fantasy sports market leader DraftKings has applied for software and pool betting licenses, clearly with an eye on the highly competitive British sports betting market.

Full Story: Daily Fantasy Sports Provider Wants A U.k. Gambling Licence »

REALISTIC GAMES HIRES EXPERIENCED PROJECT MANAGER

18th June, 2015 at 10:01:03
Donyale Michael has worked for three major online gambling groups in the UK.

British slots and table games provider Realistic Games has moved to strengthen its delivery of content and new integrations with the appointment of Donyale Michael, a former Ladbrokes, Betfair and Rank Group staffer who will head up the Berkshire-based company's project management function.

Full Story: Realistic Games Hires Experienced Project Manager »

A.G.A. CHIEF OPPOSES NEW U.S. TAX PROPOSALS (Update)

18th June, 2015 at 10:01:03
Freeman tells hearing that operators are not in favour of tracking proposal.

Geoff Freeman, CEO of the American Gaming Association, told a hearing on new IRS tax proposals Wednesday that his membership was not in favour of the taxman's plan to use player loyalty cards in electronic tracking for tax reporting purposes.

Full Story: A.g.a. Chief Opposes New U.s. Tax Proposals (update) »