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and UK bookmaker fires product director for digital ahead of financial results
Ladbrokes may be considering a takeover bid of Betdaq, the Irish online sports-betting exchange owned by Dermot Desmond, rather than the "technology deal" reported earlier this year according to an article in the Sunday Independent over the weekend.
"There are discussions about deepening our relationship with Betdaq," said an unidentified Ladbrokes spokesman who "sort of" confirmed that some sort of deal was taking shape when he added: "We are on a programme to improve our technology, and that could make it useful to us. I won't comment on whether we would buy it, but it would be useful to us, and you can draw your own conclusions."
Former managing director of Betdaq UK, Rob Hartnett said: "I've heard it whispered with louder volume in recent weeks.  Betdaq has made moves towards developing a sports book. The coming together of both sides of that equation would seem to be gathering pace."
Neither Ladbrokes nor Dermot Desmond responded for a request to comment.
In related news, Ladbrokes product director Richard Ames has reportedly been fired as the company approaches its latest resulting period amid speculation that the digital side of the business will show a dismal performance.  Ladbrokes dismissed its Director of Trading Jon Thompson in June this year for undisclosed internal procedural reasons.

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Gambling News :

FanDuel adds English Premier League action - Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.

Fortuna Entertainment Group in deal with Czech Football Association - Online gambling operator Fortuna Entertainment Group Nv has announced a sponsorship deal for an undisclosed consideration with the Czech Football Association (FAČR), effective from the 2018-19 season for six years.

Paddy Power and Inspired in Deal - The new agreement sees Paddy Power join a roster of other Inspired HTML 5 clients that includes William Hill, Gala Coral, Bet365 and Betfred.

Martin Crowley DraftKings Collusion Charges Dismissed - Our readers may recall a story that surfaced last month in which allegations were made that there was suspected collusion in a million dollar fantasy sports competition at DraftKings.

BeBetway British Horse racing Authority Authorized Betting Partner - Online gambling operator Betway has become the latest bookmaking firm to agree to voluntary payments over the next three years to the British Horse racing Authority in return for accreditation as an Authorized Betting Partner.

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 - Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).

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.

2016 World Poker Tour-best bet Bounty Scramble - That calmness and discipline not only kept Panzica in the game, but began to grind down Malones advantage, aided by some fortunate double up opportunities.

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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