Gambling News 06th October, 2015

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NEKTAN RAISES FURTHER GBP 2.75 M

06th October, 2015 at 14:13:04
For growth in US joint venture Respin and working capital.

Mobile gaming content developer Nektan plc has raised an additional GBP 2.75 million through the issue of GBP 2.39 million of Convertible Loan Notes and a placing of 232,258 new Ordinary Shares of GBP 0.01 each.

Full Story: Nektan Raises Further Gbp 2.75 M »

WILL HILL EXPANDS BETDIGITAL PARTNERSHIP

06th October, 2015 at 14:13:04
With new four-year content supply deal

William Hill has signed a new four-year content and integrated services supply deal with Betdigital.

Full Story: Will Hill Expands Betdigital Partnership »

SKY BETTING & GAMING RENEGES ON SUPPLIER DEAL

06th October, 2015 at 10:37:43
Retroactively changes affiliate contracts to reduce commissions

An email sent to affiliates of Sky Betting & Gaming this week unleashed a storm of controversy on message boards and social media by announcing that the company was changing the way it calculated earnings paid to affiliates through their Sky Affiliates portal, "Affiliate Hub".

Full Story: Sky Betting & Gaming Reneges On Supplier Deal »

DRAFTKINGS IN SPONSORSHIP DEAL WITH TORONTO SPORTS TEAMS

06th October, 2015 at 08:05:54
Four year deal with Maple Leaf Sports and Entertainment will include Toronto Maple Leafs, Toronto Raptors and Toronto FC.

Hockey, basketball and soccer fans will all benefit from a new four-year partnership deal between daily fantasy sports operator DraftKings and Maple Leaf Sports and Entertainment in Toronto, owners of the NHL Toronto Maple Leafs, the NBA Toronto Raptors, MLS Toronto FC and the Air Canada Center franchises.

Full Story: Draftkings In Sponsorship Deal With Toronto Sports Teams »

'INSIDER' SCANDAL ENGULFS LEADING DAILY FANTASY SPORTS SITE

06th October, 2015 at 08:05:54
Market leaders issue joint statement on integrity...and stop employees playing on rival sites.

Daily fantasy sports market leaders DraftKings and FanDuel are trying to manage a growing row in social and international mainstream media over allegedly "insider" use of data by employees in order to gain monetary advantage.

Full Story: 'insider' Scandal Engulfs Leading Daily Fantasy Sports Site »

BETFAIR COMPLETES ACCELERATED GBP 260 MILLION BOOKBUILT OFFERING

06th October, 2015 at 08:05:54
8 million ordinary shares in Betfair Group plc at GBP 32.50 a share involved.

Barclays Bank has announced the successful completion of an accelerated GBP 260 million bookbuilt offering to institutional investors of 8 million ordinary shares in Betfair Group plc, on behalf of Le Peigne SA in respect of 5 million placing shares and Rothschild Wealth Management (UK) Limited.

Full Story: Betfair Completes Accelerated Gbp 260 Million Bookbuilt Offering »

PLAYTECH TO CHALLENGE IRISH OPPOSITION TO AVA TRADE DEAL

06th October, 2015 at 08:05:54
Talks appear to have failed, now the focus changes to litigation.

Playtech's troubles over its acquisition of Ava Trade Ltd (see previous reports) continued Tuesday with an update from the company suggesting that it has been unable to resolve the opposition to the deal of the Central Bank of Ireland, and will formally challenge the bank's decision.

Full Story: Playtech To Challenge Irish Opposition To Ava Trade Deal »