Playtech Chooses New Retail Division Head

Playtech-logoOnline casino software provider, Playtech, which powers a number of popular South African facing gambling sites, has announced the name of its new chief operating officer for retail. Shay Segev was named the new Playtech executive late last week, and his role will be to provide solutions that unify online, mobile and retail experiences for players.

The retail division of Playtech is operated through its Videobet subsidiary. Continue reading

South Africa World Cup Matchfixing Report Casts Shadow over FIFA 2014

brazil-2014With less than two weeks to go before the 2014 FIFA World Cup kicks off in Rio de Janeiro, the world’s biggest sports event has had a dark cloud cast over it by a confidential FIFA report, published by the New York Times. The 44 page internal report detailed how bettors influenced the outcome of several matches during the 2010 World Cup held in South Africa, including the corruption of referees and other officials.

The report shows how vulnerable the World Cup has become in the light of global match fixing at very high levels of the game.

To bet on Brazil 2014 world cup matches click here.

Interviewing a wide range of interest parties, such as gamblers, referees and officials in countries such as England, South Africa and Finland, the New York Times reporter examines the many issues that could affect the integrity of the 2014 event, which is expected to raise a record $4 billion in revenue from ticket sales, TV rights and sponsorship deals. Continue reading

Consolidation in South Africa’s Gaming and Leisure Sector Discussed

sa-group-jse-logoAn article written for SA Commercial Prop News examines the gathering momentum towards a long awaited consolidation in the listed gaming and leisure sector of the JSE Securities Exchange. It predicts that mergers have the ability to deliver bigger and more liquid funds, which would lead to more attention by fund managers.

The South African gambling sector is no stranger to consolidations and they continue to happen in a highly concentrated landscape. According to the piece, if one disregards the Emerald Resort and Casino owned by London Clubs International, the local casino scene in South Africa is divided among three major companies, namely Sun International, Tsogo Sun and Peermont. Other players in the field include Grand Parade Investments, Niveus, RECM & Calibre, SABMiller and Trematon Capital Investments. The smaller companies, however, are minor stake holders in casinos or sports betting, slots or bingo operations. Continue reading

Goldrush Gaming Group Launches New South African Online Sportsbook

Goldrush Gaming GroupGoldrush Gaming Group, the terrestrial South African gaming operator, has entered into the online sportsbook sphere, by launching a new platform this week. The sportsbetting brand is the result of a partnership signed between Goldrush Gaming and the international software provider, BetTech Gaming.

The new platform, which goes under the name GBets , takes Goldrush Gaming Group into the world of cyber gambling after having established itself as a leading land based South African gaming operator, especially in the field of casinos and bingo. Continue reading