Gambling Clear News
Following last week’s announcement that Playtech had priced €300m 5.8% senior secured notes due 2028, the gaming technology provider officially closed the deal today (28 June). On 21 June, Playtech announced that it had priced the bond offering. It detailed that the net proceeds from the issuance of the new notes would go towards redeeming
Geolocation and risk solutions provider GeoComply has acquired compliance and licensing management company OneComply, its first acquisition. As part of the acquisition, GeoComply‘s customers will be able to use OneComply’s set of tools to complete the entire licensing process from start to finish, from initial applications for licences to continuous compliance management. OneComply offers a
Genius Sports has entered into a long-term data, streaming and integrity partnership with the Chinese Taipei Football Association (CTFA), which is the official data rights holder of Taiwan football. The partnership will cover the CTFA’s premier competitions, including the Taiwan Football Premier League, the Taiwan Mulan Football League and the 2nd Division Taiwan Football League.
Gan-operated igaming and sports betting brand Coolbet has announced that, after a year of operation, it will be exiting the Ontario regulated market from 3 April. The Estonia-based business said that it plans to switch off all deposit options on the Coolbet accounts from 21 March. Coolbet encouraged users with low balances on their accounts
Betsson Group has announced the launch of the first ever Diversity and Inclusion (D&I) Network in Malta. Betsson’s Network aims to cultivate an inclusive workplace culture in Malta and elsewhere, to allow for dialogue on the topics of diversity and belonging. This is in order to foster an inclusive work environment for all. The idea for
The Betting and Gaming Council (BGC) has endorsed a new anti-affordability checks campaign from horseracing channel Racing TV. The Write To Your MP campaign directs horseracing enthusiasts to write to their local MPs, as well as ministers from the Department of Digitial, Culture, Media and Sport (DCMS), regarding the potential imposition of affordability checks. Brigid
Diamond Sports Group, operator of the Bally’s branded TV sports networks, will miss $140m in interest payments due today (15 February), in a move that puts it near bankruptcy. The company has instead chosen to enter a 30-day grace period on the interest payments. The interest payments relate to the company’s 6.625% senior unsecured notes
Sportsbook software and igaming platform supplier Digitain has opened its new office in Bucharest, Romania, in a move to expand its presence in Europe. This is part of an ongoing expansion strategy. The new office will allow Digitain to provide its European customers with more centralised customer service. This is the first of several new
FSB Technology is to deprioritise US operations following a strategic review as it confirmed the appointment of Adam Smith as its new interim chief executive. Smith’s role has been announced a day after B2B sports betting service provider FSB revealed co-founder and previous chief executive David McDowell would be joining its board. Smith has now
French horse racing operator Pari-Mutuel Urbain (PMU) announced a three-year strategic vision to grow its annual stakes by €1bn and to increase its total number of customers to 4 million. The business outlined a series of transformations for the company in the period including a “global approach” to PMU’s growth, the deployment of new technology
