M ONT H I N M I NUT ES
[ " MONTH IN QUOTES " ]
“... this is a technology-driven, consumer brands business with an increasing number of multichannel customers who are being offered more ways to bet on more events than ever before.”
Find out which operator Simon French, analyst at Panmure Gordon, says is the “turnaround story of the year”
Turn to p13 and p26
“...one lucky customer picked up a genuine 24 carat gold plated iPhone 4 during September – helping to make this one of our best quarters ever.”
Charles Cohen, CEO of Probability, currently in early
stage takeover talks with William Hill, announces a strong set of Q2 ?nancials
Turn to p20
“I was in my early 20s when I started – young and stupid you might say – and I was just looking for something different to do rather than just getting a City job.”
James Bord, co-owner of Antigua-licensed betting exchange Matchbook.com, on what attracted him to sports betting
Turn to p45
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Last month, eGaming Review announced that its monthly magazine, website and all its associated products would be paid for from 28 September. Since then, we have received a huge amount of feedback. Below is a selection of reader questions that we have endeavoured to answer and that, we hope, re?ect the sentiment of our loyal readership.
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Foxwoods and Sportingbet
CONSEQUENCES OF A DEAL
Sportingbet left the US market in 2006 after the enactment of UIGEA, reaching a settlement with the DoJ in September last year. Its re-entry may convince others that have previously reached similar deals that now is the time to make their move. The JV appears to be focused on a free-play poker site. However while the likes of South Point have opted to set up a poker room with the freeplay Zen Entertainment network, Sportingbet’s real-money expertise could put Foxwoods at an advantage in the long run. Talks with Ladbrokes over a potential takeover broke down in October, but now Sportingbet has agreed the sale of its Turkish business it is better placed to focus its efforts across the Atlantic. Foxwoods is believed to be retaining all branding on all products and games launched. This sidesteps issues of brand recognition which might be brought about by Sportingbet’s lengthy US absence. While Sportingbet moved its Paradise Poker product away from its proprietary software in 2007, its role within the joint venture will be advisory rather than provision-based. The operator will advise Foxwoods on which software to take on, and then oversee marketing.
On 7 October, eGaming Review broke the news that Sportingbet had signed a letter of intent to edge it closer to a joint venture with Foxwoods Resort Casino in Connecticut. The London-listed operator is believed to have fought off challenges from GTECH G2 and Betsson to reach a deal with the venue.
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eGR: Yes you can. We will charge £50 less if you do not wish to receive the monthly print publication. Q: The daily snapshots have gone from being completely free to paid for. Does the fee cover a corporate account with multiple recipients or are these subscriptions considered per user? eGR: Subscription is £370 per user, however for each additional licence the price falls considerably the more licences are purchased. This is available on application. The snapshot itself will still be freely available featuring the latest news headlines, however, you will need to be a paid subscriber or on a free trial to read the stories in full. Our subscription team can arrange this and group discounts for you. Please call either 020 7029 4025 or 020 7029 4096 or email a.ma?in@ pageantmedia.com or e.nettey@pageantmedia. com if you would like to discuss this further. Q: I think a colleague already subscribes to the magazine. How do I check if this is the case and how do we increase the number of subscriptions? The same goes for your 'paywall' – what is your solution for company access? eGR: We will check this for you. If you are an existing magazine subscriber your subscription will automatically be upgraded to include all of the online elements of the new subscription packages at no extra cost. In terms of company access, we are now selling individual licences to access the site and the
GALA CORAL
FAMILY TREE
GROUP’S LATEST APPOINTMENTS
The Gibraltar-based operator has had a busy 18 months after completing a significant restructuring process in June 2010. A 10-year-long software deal was signed with Playtech in May this year, while in September eGaming Review learned that the company was to close its Eurobet.com sportsbook. However, recent months have been dominated by several high-profile appoin Y[? ??????H ?][? H[? \? ?H[??\?\?Y?Y[ ???L?????Y?XY?^?[?K???B??