News analysis

  • news_analysis

    The pros seemingly outweigh the cons for the new Paddy Power Betfair entity but Breon Corcoran will be key to its success.   

  • news_analysis

    Jim Mullen’s recent comments about how Coral and Ladbrokes will be fierce rivals within a merged group are not surprising. They aim to allay competition fears at the CMA.

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    The Financial Conduct Authority's investigation into Plus500 doesn't prevent the financial trading operator from recruiting UK customers, but through its Cyprus licence thanks to the regulatory passporting it benefits from under the EU's MiFID rules. As a result further regulatory interest into the workings of the financial trading and betting sector is almost certain, writes Scott Longley.

  • news_analysis

    The drive for online volume is clear for Ladbrokes-Coral, but the retail landscape, FOBTs and the CMA's review of the merger will be determining. 

  • article
    6 July 2015

    The British Horseracing Authority's launch of a bettors' forum is the most visible step of its strategy to address key issues: from the relationship with bookmakers to high content costs for retail betting outlets - the 'to do list' for all stakeholders is long.

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    A potential merger between Ladbrokes and Gala Coral would provide both companies' online divisions with significant scale. But questions related to competition, debt and a potential role for Playtech all come into play in what will be a lengthy process.   

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    Online betting is major business in Australia and while operators are worried at the idea of the authorities reviewing the tax set up, some key aspects mean new entrants, even the likes of Bet365, find it hard to dislodge the leading operators. 

  • news_analysis

    Playtech moved in quickly to snap up Plus500, describing it as "a unique opportunity", and is now a major player in the financial trading space. Much is made of the blurring of lines between trading and gambling, but both Playtech and Plus500 still very much operate on igaming metrics.

  • news_analysis

    GVC was joined by 888 over the weekend in wanting to buy bwin party and an Amaya-GVC joint bid has now been mooted. But if the bwin party saga is finally coming to an end, the nuts and bolts of the business post-deal will be what matters most, regardless of who wins out. 

  • article
    11 May 2015

    Playtech has been talking up the opportunities offered by forex and binary trading since its acquisition of financial trading platform TradeFX as it looks to roll out trading and financial betting products to its licensees. But what does the sector think of a vertical that can be as volatile as it can be profitable?  

  • news_analysis

    This morning's Playtech-TradeFX buyout sees another of Teddy Sagi's companies bought up by the igaming giant. Nonetheless, previous similar deals have been beneficial to the group and its shareholders while financial trading is a regulated and growing.   

  • news_analysis

    Spain’s licensed betting operators expect to have recorded some €20m in stakes during last Sunday’s Barcelona-Real Madrid clasico, but for former Juego Online chief executive Dina Niron, operators are still waiting for the roll out of online slots later this year.

  • news_analysis

    bwin party’s results announcement yesterday were not overly positive but at least the group can fall back on its sportsbook platform to turn things round. However, all the hard work that is going on indoors needs to translate into performance.

  • article
    11 March 2015

    Sweden remains a key market for Nordic operators such as Unibet, Betsson and Mr Green and in many ways offers an optimal environment: minimal regulation and taxation and a population keen on gambling. However, those companies appear reluctant to divulge much detail about their activities there, but with regulation at least 18 months off, will some investors be tempted to take a punt early on one of those operators?

  • news_analysis

    Playtech has the cash reserves to carry out serious M&A but the speed at which markets are regulating is still slow. Asia meanwhile remains a risk for the group, Scott Longley reports.

  • news_analysis

    Richard Glynn’s final set of full year results as Ladbrokes chief executive illustrate one of the key flaws of his tenure at the helm: it has taken too long for the group to reach anywhere near this stage, writes Jake Pollard.

  • article
    25 February 2015

    Henrik Tjarnstrom took up the chief executive job at Unibet in the wake of the group's exit from the French market in 2010. Since then he has masterminded Unibet’s re-entry into regulated markets across Europe - and in Australia - without sacrificing growth or destroying shareholder value. iGaming Business spoke to Tjarnstrom about how he has achieved this balance, why not giving up on poker was the right decision and why potential Swedish regulation is about so much more than tax and duty.

  • article
    20 February 2015

    The Gamesys-Intertain deal is great for all parties involved and clarifies the lines between B2B and B2C for Gamesys while providing Intertain with an excellent supplier platform. The deal has the potential for major B2B movements and provides regulated scale and volume, but there will be issues ahead for Gamesys, notably the fact that all its profits will now be going to Intertain, reports Scott Longley

  • news_analysis

    The wording of 888's statement to the LSE over the termination of talks with William Hill lef no one in doubt that 888's founders wanted more for the company while Hills will likely continue to look for targets, Scott Longley reports .

  • news_analysis

    Nicola Tani of Agipronews explains how previously unlicensed operators such as SKS365, Goldbet and Betaland came to be granted more than 2000 licences by the Italian authorities but will have to battle hard in this highly competitive market; and why licensed operators are hoping changes to the country’s official betting list are approved by the Government.

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