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FRENCH TF1 SELLS SPS BETTING SUBSIDIARY
Posted 3/28/11 : Acquired by a current member of the management team
Rumours of negotiations on the sale of EurosportBET by French broadcaster TF1 to Alexandre Dreyfus have come to naught as TF1 announced the sale of its subsidiary SPS Betting to a member of its current management who is apparently supported by an unidentified investment fund.
SPS Betting holds three licences; sports betting, online horse racing and online poker, from French online gambling regulator ARJEL.
TF1 closed down its UK-facing sports betting website EurosportBET.co.uk on 14 March 2011 and EurosportBET has reportedly lost Euro 23 million since its launch.
The EurosportBET.com website reassured its bettors that the site will continue to operate uninterrupted.
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Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
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Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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