Paddy Power breaks the 100 mark

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March 20th, 2014

http://www.intergameonline.com/i-gaming/news/10974/paddy-power-breaks-100-mark


Paddy Power received 109 money-back offers in January, according to a report from online affiliate and betting service, Freebets.com.

The Irish betting firm also won bookmaker of the month for the fifth time, gaining the highest number of total offers, as well as achieving seven of the top 10 individual money-back offers. The company ranked ahead of bet365 and William Hill.

But once again bet365 was awarded individual offer of the month with its Sky Dogs 2/1 deal - allowing any bettor who backs a single winner at 2/1 or more on a live Sky Sports greyhound race to have a risk-free bet to the same stake on the next live Sky Sports greyhound race up to £100.

Four bookmakers – Betway, Stan James, Ladbrokes and William Hill – offered mobile exclusive money-back specials in January 2014 – the same number as December 2013. Stan James entered the list by virtue of its FA Cup 2/1 offer on mobile, while Coral dropped out after making its ‘Money Back If A Faller’ offer available online as well as mobile.

David Archer, owner of Freebets.com, said: “It will not come as much of a shock to the punters that Paddy Power is the winner of January’s money-back crown for the fifth time.”

He continued: “It is clear that the overall number of money-back offers is growing significantly – not just from the dominant industry forces, but from up and coming players such as Betway.”

CORE Gaming signs SKY partnership after ICE

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March 20th, 2014

Following on from last week’s ICE Totally Gaming, CORE Gaming announced that it has signed a partnership with Sky to produce a suite of table games. Financial terms of the agreement were not disclosed, although CORE said the first planned launch is a mobile variation on Roulette utilising CORE's HTML5 framework.

CORE Gaming's Mark Rehorst-Smith, Chief Commercial Officer, said: “The team at CORE Gaming has been keen to demonstrate the power of its latest HTML5 technical offering and when the challenge was presented to create an industry leading 'mobile first' Roulette product, it was the perfect opportunity. The finished product has exceeded all expectations; from its innovative bet placement mechanism, to its fully rendered 3D wheel with bespoke physics engine. The game will be one of the first truly multi-channel deliveries another achievement that confirms CORE's place at the forefront of the Development sector. We are thrilled to be working with Sky, one of the UK’s most successful casino brands, and we look forward to rolling out more table games in the next few months.”

Samuel Downey, Head of Casino and Games at SKY Vegas, commented: “We set CORE Gaming the challenge of creating the best Roulette game on mobile & tablet devices. They have certainly exceeded our expectations. With the launch of Sky Roulette, we are truly productising the Roulette experience for players. By tracking every in game action, we will continue to evolve the product to ensure it remains the best Roulette experience in the market.”

 http://www.totallygaming.com/news/core-gaming-signs-sky-partnership-after-ice

Date:  
Tue, 2014-02-11        

Paddy Power driven by online growth in 2013

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March 18th, 2014

Irish bookmaker Paddy Power has cited the growth of its online gambling business as the reason behind a jump in revenue, operating profit and EBITDA during the 12 months through to December 31, 2013.

In its preliminary results for the year, the company posted net revenue of €745.2 million, an increase of 17% on the €662.7 million achieved in the previous year.

Operating profit also grew slightly from €136 million in 2012 to €137.4 million in the last 12 months, whilst EBITDA also jumped 8% from €168.2 million to 176.9 million.

The company highlighted the success of its online operations as one of the key drivers behind its positive performance in 2013.

Paddy Power said that net revenue in the online sector was up 21% to €473 million while operating profit also grew by 10% to €108.1 million. The number of active users also leapt 19% to 1.9 million.

In addition, the company’s mobile business generated net revenue of €212 million, an increase of 73% on the previous year.

Revenue from mobile eGaming also grew 143%, driving leading eGaming growth of 16%.

In comparison, retail like-for-like net revenue increased just 2% while operating profit fell €900,000 to €13.9 million.

Patrick Kennedy, chief executive of Paddy Power, said: “It was another good year for Paddy Power, with growth in every division and particularly strong growth in online which now delivers over three quarters of group profits.

“We continue to build out our industry leading penetration in mobile sports betting and eGaming: mobile net revenue powered ahead by 73% in 2013 and now accounts for over half of total online revenue.

“Investment in mobile will continue to be significant in order to take advantage of our market leading position and avail of its exceptional growth potential.”

4 March 2014

http://www.igamingbusiness.com/news/paddy-power-driven-online-growth-2013

Danish telecommunications giant TDS A/S to enter an online gambling market

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March 18th, 2014

Danish telecommunications giant TDS A/S (formerly Tele Danmark) has voiced its intention to enter an online gambling market that it says is growing by 10 to 15 percent per annum with revenues of around DKK2.5 billion per year.

"All content services that can be digitized, is of fundamental interest to TDC as possible areas of business," confirmed Carsten Dilling, chief executive officer of TDC.  "We already have for several years offered streaming of music, movies & TV series, & it is natural for us to explore whether there are other adjacent business models that may be relevant.

TDC did not divulge whether it is planning to develop its own platform or whether it will partner with an existing provider.

"I do not reveal too much by saying that the ability to operate betting & casino is not a core competency for TDC. But both are well suited to TDC because customers consume our products while they play. Maybe they see a football game on TV while betting on their smartphone or iPad. We are strong in technology & the customer, while supporting us are people who are very competent in online odds & casino," said Dilling.

http://www.reviewed-casinos.com/news/danish-telecom-giant-enter-online-gambling-market.html

Welcome Break to take Storm terminals

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March 14th, 2014

UK-based family entertainment provider Playnation is to supply motorway service station operator Welcome Break with its state-of-the-art Storm terminals.

The new long-term contract will see Playnation <http://intergameonline.com/coin-op/news/10281/playnation-expands-roadchef-supply-role>  supplying the high-definition gaming machines to allow players to enjoy titles such as Worms, Deal or No Deal and Viz.

Playnation’s new contract win follows a 20-year relationship with Welcome Break, and will see its server-based gaming platforms installed at 35 sites across the UK.

“It’s great to be able to push Storm, one of our most advanced terminals, to a wider audience,” said Ryan Collinge, sales director at Playnation. “We’ve had a great relationship with Welcome Break for over 20 years now, so we’re pleased to be building on that and to be increasing their customer offering even further.”

Storm terminals operate on Inspired Gaming’s Open SBG Core platform, which provides access to content from leading providers such as Inspired, Blueprint and SG Gaming.

Established in 2013 following a management buyout from Inspired Gaming, Playnation currently operates machines in over 1,000 locations within holiday parks, bowling alleys, airports and motorway service stations.

February 18, 2014 by Simon Liddle

  http://www.intergameonline.com/coin-op/news/10986/welcome-break-to-take-storm-terminals>

Isle of Man establishes I gaming team

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June 20th, 2012

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The current team includes: Tim Craine, director of business development; Ray Davies, head of e-gaming development; and John Spellman, special adviser to the department.

bwin.party Reports Annual Rise In Net Revenues.

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April 2nd, 2012

The world’s largest listed online gambling operator, bwin.party Digital Entertainment, has released its financial results for 2011 showing an over 93 percent year-on-year increase in net revenues to €674.5 million.

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B2B iGaming event to dissect global markets in high level conference stream

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February 9th, 2012

iGaming Business, organisers of the iGaming Super Show, have announced that their May event will take a global look at the online gambling market, with many high level speakers already confirmed. Looking primarily at the US and European marketplace, the conference will concentrate on newly regulated markets, the latest opportunities and financial analysis of each sector.

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