Today’s need-to-know news: Tuesday, February 10

Today’s need-to-know news: Tuesday, February 10

Tuesday, February 10, 2015

The board of online gambling operator 888 confirmed this (Tuesday) afternoon that it has received an approach regarding a possible offer for the company by UK bookmaker William Hill. “There can be no certainty, however, that any firm offer will be made nor as to the terms on which any firm offer might be forthcoming,” 888 said in a statement, before adding that it would keep shareholders informed of relevant developments and would provide an update within the next month...

Meanwhile, GTECH has moved closer to acquiring International Game Technology (IGT) after the successful pricing of a series of senior secured notes worth a total of approximately $5bn (€4.4bn). GTECH first agreed to acquire IGT in July last year in deal reported to be worth approximately $4.7bn...

Rob Manfred, the newly appointed commissioner of North America’s Major League Baseball, has joined a host of other high-prolife figures in calling for the US to review its stance on sports betting. Manfred, who assumed his new role last month, told US sports broadcaster ESPN that he would hold talks with team owners in order to establish the league’s standpoint over the issue. Nevada is currently the only US state in which players can place bets on sporting events... 

Elsewhere, Sportech Racing and Digital, a division of pools and sports wagering operator Sportech, is to become the first company to launch a fully integrated horseracing betting website in Peru. In partnership with the Jockey Club del Perú, the new site will local racing product from the Hipódromo de Monterrico in Lima as well as simulcast races from the US... 

Yggdrasil Gaming is to launch its first pooled progressive jackpot online slot in the form of ‘Joker Millions’ before the end of February. The online games developer estimates that the fallout from the new game will be approximately €1.3m...

Finally, Playtech has reportedly appointed Stevie Shaves, the former head of ecommerce at Rank Group-owned Mecca Bingo, as gaming operations director of its end-to-end bingo division. The appointment is yet to be confirmed by Playtech, although Mark Henderson is said to have taken over from Shaves at Mecca Bingo.

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