UK racecourse operator the Arena Racing Company (ARC) has announced that the Belle Vue Stadium greyhound racing venue will permanently close, saying there is “no longer a business case” to keep the site operating.
Following the decision to shelve further development of its Esports Directory, Bayes Esports Solutions chief executive Martin Dachselt discusses the need to constantly adapt and evolve in the process of establishing a start-up.
Esports betting operator Luckbox expects to receive final approval for its listing on Toronto’s TSX Venture Exchange (TSXV) by October, and has set out an expansion roadmap that will see it grow its management team and launch a B2B arm.
Svenska Spel chief executive Patrik Hofbauer said the operator is showing signs of recovery following the disruption caused by novel coronavirus (Covid-19), which led to a 9.6% year-on-year revenue decline in the first half of the year.
GVC Holdings has reported an 11% year-on-year decline in revenue for the first half of 2020, though outgoing chief executive Kenneth Alexander hailed the strong performance of the operator’s online business during the period.
Esports betting operator Esports Entertainment Group has announced that it will close its purchase of online betting and gaming operator Argyll Entertainment on or before 31 July, after finalising a definitive agreement for the acquisition.
GiG’s chief strategy officer Cristina Niculae says the crisis caused by the pandemic presents a good opportunity for igaming businesses to reassess their culture, use of technology and value innovation.
Betting services supplier Sports Information Services (SIS) has expanded into the number games market with the acquisition of the full shareholding of draw-based and virtual sports developer 49’s from GVC Holdings and William Hill.
Betting technology supplier Sportech says efforst to reduce operational costs in the first half of its fiscal year helped to partially offset a “severe” decline in revenue, caused by the novel coronavirus (Covid-19) pandemic.