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October 18th General news ... Bet On Sports at beton-sports.com

HRADF REQUEST INTRALOT UP MUTUAL BETTING LICENCE BID
2014-08-25

The Hellenic Republic Asset Development Fund has requested an improved offer from the Consortium "Intralot (SPV No. 1) Limited" and "Intralot (SPV No. 2) Limited" for the exclusive right to organise and operate mutual betting on horse races in Greece.
The Consortium submitted an offer of Euro 5 250 000 on July 31, 2014 which is the only valid bid at present.
Intralot has until August 27, 2014 to submit the revised offer.




NOW X.L. MEDIA EYES THE DANISH MARKET
2014-07-07

XLMedia, the Jersey-based online gambling NFL Odds firm specialising in digital marketing services, has expanded its growth strategy with the acquisition of an as yet unidentified large Scandinavian affiliate marketing company - and its player database - for a consideration of $2.3 million.
Speculation is that the acquisition is a Danish company, giving XL access to that burgeoning online gambling market.
Through some savvy partnerships XL has a growing presence in both the Nevada and New Jersey online gambling markets in the United States following its IPO on London's AIM market earlier this year (see previous InfoPowa reports).
Chief executive Ory Weihs says the company's aggressive expansion strategy will continue, with management seeking out further online gambling assets for acquisition as the group builds a high profile as a digital marketer in regulated markets.
This acquisition represents a complementary fit for our business, strengthening our reach in Scandinavia and providing entry into Denmark, a fully regulated territory, he said last week.
XLMedia was created through the merger IN 2008 of two Israeli companies: WebPals, founded by Yaron Nahari and Assaf Levy in 2007; and Traffic, founded by Ory Weihs. Former Ladbrokes CEO Chris Bell is the chairman.


FRANCE PARI 1Q EXCEEDS EXPECTATIONS
2014-04-02

French online operator France Pari has posted strong first quarter results it attributes to an 87 percent revenue rise contributed by B2B division Sportnco and a further 70 percent rise in operator activities.
The company said an 80 percent increase in stakes amounting to Euro 3.5 million was achieved through growth in its live and mobile betting channels. Mobile now represents almost 15 percent of stakes.
Other key figures included Total Revenue of Euro 4 million, EBITDA of Euro 150 000, GGR of Euro 725 000 and a gross margin rate of 20.2 percent.
Pari mutuel stakes on horse racing remained static at Euro 300 000 with a gross margin rate of 23.2 percent, the company said.
In line with its mobile strategy, France Pari will launch an iPhone app this week with a further roll-out to B2B clients in the second quarter.


VIRTUAL HORSE RACING IN SENEGAL
2014-02-26

The Senegal National Lottery (LONASE), online gambling software developer Senejeux and the French gambling group PMU's Senegal retail betting operation have collaborated to povide punters in the former French colony with virtual horse racing services.
The venture has delivered a new fixed-odds, 3D virtual horseracing game to 35 PMU betting outlets, offering a high-frequency, RNG virtual horseracing system that presents races every five minutes and around the clock if required.
The system includes 43-inch plasma television screens, along with touch-screen electronic point-of-sale terminals equipped with printers and bar code scanners.
Punter reaction and take-up on the new product is said to be positive and encouraging.
Senejeux operational director Balla Gadiaga says: We feel that virtual horseracing is the perfect complimentary game to go along with the existing live horse PMU activities, and now that we are live it is evident that additional revenues are being achieved, especially during those hours when live horse racing from France is not available.
The national lottery in Senegal recently engaged Senejeux to provide and manage a wide range of virtual sports games including football through both mobile and online channels.


GOLDEN PALACE TAKE ON BETCONSTRUCT SPORTSBOOK
2014-02-18

Belgian gaming group Golden Palace will take on a new sportsbook platform from gaming solutions provider BetConstruct under the terms of an exclusive contract signed this week.
The online and mobile sportsbook covers over 14 000 live matches and 50 sports per month.
With only five months to go before the start of the Brazil World Cup Goldenpalace.be is now equipped to deal with its football-mad betting public, said Frdric Franois, marketing and business manager at Goldenpalace.be. We went through a long selection process, shortlisted several companies, but in the end BetConstruct had the strongest sportsbook offering, particularly in terms of live in-play betting."
Suren Khachatryan, chief executive of BetConstruct, added: This summers World Cup is just around the corner and with such a huge appetite for the game and the tournament in Belgium the public now have a fantastic platform, product and service they can use and enjoy. There is no other offering like this on the market and we are confident that Goldenpalace.be will build on its success with it.