Snapshot: Mangas buys Everest; Rank; Bwin-Party; Zeturf; Bodog; Jadestone...
France's Mangas Gaming buys Everest. Mangas Gaming has acquired a 60% controlling stake in European-facing operator Everest Gaming, the long-awaited move into the gaming space by the parent company of European sports betting operators BetClic, Expekt and Bet-At-Home.
France’s Mangas Gaming buys Everest. Mangas Gaming has acquired a 60% controlling stake in European-facing operator Everest Gaming, the long-awaited move into the gaming space by the parent company of European sports betting operators BetClic, Expekt and Bet-At-Home.
Bwin, PartyGaming and the trouble ahead…. The next two years could be bleak ones for the industry, warns Warwick Bartlett, owner of Global Betting & Gaming Consultants, but a decision by Bwin and Party to huddle together for warmth could show the industry as a whole how to weather the storm…
Five consequences of a deal: Bodog buying the Tote. What Bodog Europe snatching up the Tote could mean for Bodog, Tote, horse racing and Scousers…
Zeturf – the waiting game. Emmanuel De Rohan Chabot has been looking for partners to tackle the French horseracing tote market with his company Zeturf. But there is little he can do until he is licensed – or not – to operate in France.
News in brief
Rank has announced it expects to collect £25.9m in overpaid VAT from Her Majesty’s Revenue & Customs during the first quarter of 2010. This follows Tuesday’s decision by the VAT and Duties Tribunal that the UK government’s treatment of certain types of amusement machines in its land-based casinos and bingo clubs between 2002 and 2005 contravened the European Union’s principles of fiscal neutrality.As reported on EGRmagazine.com, Rank has also submitted a claim for £16m VAT overpaid on main stage bingo in its land-based clubs from 2004 following the UK government’s announcement yesterday it will no longer charge Value-Added Tax (VAT)on bingo games after judgment in theRank Group High Court case on 8 June 2009 brought by Deloitte.
Multiplayer gaming network owner Jadestone Networks has added the game Maxi Yatzy, a take on the traditional Yatzy game, to its GamArena p2p skill gaming network.
UK bookies have slashed the odds on a 1992 song by rock band Rage Against the Machine beating the winner of UK TV’s The X-Factor to become Britain’s Christmas number one. The anthem, which has the distinctive chorus ‘F*ck you I won’t do what you tell me,’ was championed against Joe McElderry’s The Climb by a group on social networking site Facebook as a protest against the sway on the music charts by the talent show. Oddschecker commercial manager Simon Miller said: “Normally a Simon Cowell benefit gig, the market has become competitive thanks to a Facebook campaign to get Rage Against The Machine to the top spot. RATM were installed as 6/1 second favourites by Ladbrokes last Monday, it was cut the same day and a steady stream of bets now leave RATM best price at 3/1 with William Hill.”