My Sports Bet

May 27th General news ... My Sports Bet at my-sports-bet.com

AMAYA - RATIONAL GROUP DEAL MAKES PROGHRESS (Update)
2014-08-01

Amaya Gaming shareholders were asked for - and gave - their approval for the Oldford-Rational Group acquisition deal Wednesday at a special general meeting called by the company.

The acceptance of the deal by shareholders is an important step forward in the acquisition process and follows the regulatory approval obtained earlier this week (see previous InfoPowa reports).

Amaya has now obtained all necessary shareholder and regulatory consents for the transaction and both groups will move towards its completion.




BETSOFT GAMING'S ALDERNEY LICENCE SUSPENDED
2014-07-07

News emerging this week that NFL Betting Lines the Alderney Gambling Control Commission has suspended the operating licence of online gambling software developer and provider BetSoft Gaming has left observers speculating in the absence of an explanation by the Commission.
Andr Wilsenach, executive director of the AGCC, has confirmed that a suspension notice was issued to BetSoft's parent group, Digitus Limited in terms of Alderney e-gaming regulation 91, together with notification of a hearing on the issue.
However, Wilsenach has declined to comment in detail, saying only that there are sufficient grounds for the Commission to believe that Digitus is no longer suitable to hold an AGCC accreditation.


LADBROKES HAS A BIT OF FUN WITH SMARTPHONE PUNTERS
2014-02-26

The UK land and online betting group Ladbrokes has successfully drawn attention to its mobile services by mounting a fun promo to see how fast users of different brands of smartphone could solve brain-teaser problems that included pattern recognition and code cracking.
The test involved a thousand smartphone users, who were challenged to complete seven online puzzles in a race to see which brand owned by the users came out of the competition with the fastest times.
Apple, Google, Samsung, HTC, Nokia and Blackberry were represented in the competition, with the overall winner the Apple users with an overall average problem-solving time of 94 seconds for the seven brain-teasers, although a Samsung user clocked the fastest time, correctly finishing the test in just 47 seconds.
The overall results were:
iPhone users 94 seconds;
Google users, 99 seconds;
Samsung users, 103;
HTC, 105;
Nokia, 109;
Blackberry, 118.
Industry observers have commented that the results should be viewed in the fun spirit of the promo, and are certainly no indication of intelligence, as one UK tabloid newspaper proclaimed.
A writer in a rival publication had a better grasp of the promo, noting:
"One of the reasons the test should not be taken too seriously is that there is no penalty for wrong answers; users could simply keep clicking until they got the right answer from a choice of four for each problem."
In its mobile "Test of Wits" Ladbrokes advised participants that speed was of the essence.
"You will only move onto the next question once you have answered the question you are on correctly. Once you have answered the questions correctly you will receive your time."


LADBROKES COULD SAVE GBP 40 MILL BY HALTING HIGH STREET EXPANSION
2014-02-18

The Telegraph newspaper reports that British gambling group Ladbrokes is expected to announce plans to halt the introduction of new High Street betting shops, currently the subject of political concern.
By doing this, the company could reduce capital expenditure from GBP 100 million to GBP 60 million, freeing up GBP 40 million to accelerate the further development of the company's burgeoning online gambling strategy.
With over 2,300 retail betting shops, many offering the much-maligned Fixed Odds Betting Terminals, Ladbrokes is among the highest of the High Street betting profiles, yet the company has still had to issue profit warnings in recent months as it struggles to make more of a success of its digital operations following a relatively new agreement with Playtech plc.
The Telegraph notes that with increasing political pressure for restrictions on FOBTs, and tighter local council controls over betting shop openings, the Ladbrokes preference for digital is perhaps sensible.
A Ladbrokes spokesman appeared to confirm at least part of the newspaper report, commenting:
This year we are likely to be a net closer of shops as we focus on optimising our investments in the retail estate and look to deal with some of the non-contributing shops.