Daily news

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    Gaming software and services supplier Playtech’s proposed takeover of Plus500 could be under threat after the Israeli spread betting firm’s largest shareholder said it would oppose the bid.

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    Gaming software and services supplier Playtech has struck a deal to acquire the entire issued ordinary share capital of Plus500 in a deal that values the Israeli spread betting company at approximately £459.6 million (€641.5 million/$702 million).

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    Magnus Hedman, owner of sports betting risk management firm Touchbet, has been revealed as the new majority shareholder of online gaming operator Pinnacle Sports.

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    Charles-Henri Sabet, the newly appointed chief executive officer of London Capital Group Holdings (LCG), has said that a new growth strategy has been put in place for the online financial services and spread betting firm this year following dips in key financials in 2014.

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    Financial spread betting provider IG Group Holdings is to become the first platform to launch a Sunday trading service in order to allow clients to trade a selection of markets outside of normal trading hours.

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    Online financial services and spread betting firm London Capital Group (LCG) has appointed Nicholas Lee and Rebecca Fuller as non-executive directors with immediate effect.

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    Online financial services and spread betting firm London Capital Group Holdings (LCG) has appointed Dr. Charles Poncet, Dimitri Goulandris and Julien Cohen as non-executive directors with immediate effect.

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    Charles Henri-Sabet, executive chairman of London Capital Group Holdings (LCG), said that despite the online financial services and spread betting firm having suffered losses in the nine months through to September 30, he is confident that new investment will drive growth.

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    Online financial services and spread betting firm London Capital Group Holdings completed the execution of its licensing agreement between its LCG subsidiary and Algoweb.

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    The Alderney Gambling Control Commission (AGCC) has agreed a deal with the Guernsey Financial Services Commission to begin offering dual licensing to the spread betting industry.

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    Online financial services and spread betting firm London Capital Group Holdings has announced a proposed software-as-a-service agreement between its LCG subsidiary and Algoweb.

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    Online financial services and spread betting firm London Capital Group (LCG) has announced that Kevin Ashby has resigned as chief executive officer and as a director of the company.

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    Online financial services and spread betting firm London Capital Group (LCG) has appointed Charles-Henri Sabet as executive chairman with immediate effect.

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    Online financial services and spread betting firm London Capital Group (LCG) has announced that it intends to generate up to £17.5 million (€21.9 million) through a financing plan.

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    London-based financial spreadbetting provider IG Group Holdings has announced that Andy Green is to succeed Jonathan Davie as chairman when he steps down from the role at the firm’s annual general meeting on October 16.

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    Online financial services and spreadbetting firm London Capital Holdings (LCG) has announced that William Newton has resigned from his role as chief information officer at the company.

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    Betfair spread betting subsidiary to terminate its white label partnership with London Capital Group (LCG) - effective from December 2013.

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    Current CEO has resigned for ‘personal reasons’ to be replaced by Kevin Ashby while John Jones assumes COO and head of risk management roles.

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    Spreadbetting firm’s business-to-business software and data services division has launched new end-to-end business-to-business pricing facility.

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    Lottery technology provider is to continue supplying state-owned sportsbetting firm with central management system, maintenance and support services to 2016.

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