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Betsson Looking At China
10/30/2012 : BETSSON INTERESTED IN CHINA
Chief exec says the long term prospects present a "very interesting opportunity for us."
Swedish online gambling group Betsson is taking a keen interest in developments in China, according to comments made by chief executive Magnus Silfverberg at a press conference this week.
"Currently there are almost no revenues from China and we do not expect significant revenues over the next year, but in the longer term it is a very interesting opportunity for us," said Silfverberg.
"We have been told that licences will be coming out in the next year or year-and-a-half, and we are positioning ourselves to get one of those, and doing what we think are the right measures in combination with our [unidentified Chinese] partner," he added, referring to the company's disclosure last year that it had teamed up in a joint venture with an undisclosed Chinese partner
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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