Bingo: Betfair owner Flutter Entertainment snaps up Tombola for £402m January 11, 2022 Online gaming giant Flutter Entertainment has snapped up Tombola, one of the UK market's largest online bingo operators, for £402m.
Ladbrokes pocketed £102m in furlough cash despite record online sales January 7, 2022 Ladbrokes received £102m from the furlough scheme, despite an online boom which overshadowed store closure losses.
YouTuber’s 888 poker ads were not aimed at children says industry watchdog January 5, 2022 The UK advertising watchdog has dismissed two complaints against gambling company 888 UK for two videos on a YouTuber's channel, supposedly promoting gambling to young people.
888 offloads bingo business for £38m in discounted deal December 15, 2021 888 has sold its bingo business at a hefty discount with the gambling giant looking to prioritise North America expansion and its core business.
Admiral Casino owner fined £685k for failing to minimise ‘gambling harms’ December 2, 2021 Online gambling business Greentube Alderney must pay £685,000 after a Gambling Commission investigation revealed social responsibility and money laundering failures this morning.
Debate intensifies around the ‘morality’ of the National Lottery as a new licence decision looms November 30, 2021 The Digital, Culture, Media and Sport Committee interrogated the National Lottery this morning amidst criticism that the current operators, Camelot UK, have increased profits at a faster rate than funding for good causes.
Betting giant 888 on track to complete £2.2bn takeover of William Hill’s European business early next year November 30, 2021 Online betting firm 888 has said it expects to complete its £2.2bn takeover of William Hill’s European business in the first quarter of 2022 after “strong progress”. The two firms agreed the deal in September, which will return its 1,400 betting shops to British hands. 888 told shareholders that it has now received all mandatory [...]
Paddy Power and Betfair owner Flutter snaps up bingo giant Tombola for £402m November 18, 2021 Paddy Power and Betfair owner Flutter Entertainment has agreed to buy UK bingo group Tombola for £402m. Tombola’s founder Phil Cronin, who set up the bingo firm 16 years ago, will leave the business after the acquisition, with himself and his family expected to net a fortune from the cash deal. Based across sites in [...]
Former F1 boss weighs in on £3bn bidding war for Playtech November 17, 2021 Former formula one team-owner, Eddie Jordan, is reportedly part of a consortium entering the contest to snap up a London listed gambling software company. A firm founded by Jordan is working with a US investor, believed to be Centerbridge Partners, on financing an offer for Playtech, Sky News first reported. A source told Sky News [...]
Exclusive: Sportradar signs major new NBA betting data deal November 17, 2021 Sports data giant Sportradar has continued its spree of major deals by signing a new contract with the NBA until 2031, City A.M. can reveal. The agreement, announced today, will see the Swiss company provide betting data to the world-leading basketball competition on an exclusive basis. The eight-year deal extends Sportradar’s current arrangement with the [...]