Business news sponsored by SG Digital

The recession has helped the online gaming industry gatecrash the English Premiership and there may be more sponsorship bargains to be had.

Shares in the UK’s Media Corp plc climbed 6.25 per cent Thursday morning after the company announced plans to sell its Gambling.com domain in order to fund acquisition opportunities in the online advertising and gambling sectors.

Following a competitive procurement process, Lottomatica Group subsidiary GTECH Corporation has been named the apparent successful proposer by the Texas Lottery Commission for a new online and instants lottery systems contract, ahead of proposals from rivals Intralot and Scientific Games.

Mobile gambling specialist Probability plc has confirmed the placing of 4,600,000 new ordinary shares, raising £2.3m from new and existing investors which will be used to accelerate the company’s expansion in the UK and in newly regulated European markets.

France’s Mangas Gaming Group has rebranded itself as BetClic Everest Group as the company looks to benefit from its two flagship sports betting and poker brands, BetClic and Everest Poker.

Continuing to focus on cash generation and debt reduction, Football Pools operator Sportech plc said Thursday that the company continues to trade in line with expectations following the completion of the acquisition of Scientific Games Racing, now renamed Sportech Racing, and the launch of Football Pools on Ladbrokes.com.

New Jersey lawmakers on Monday voted 29 to 5 in favour of legislation that authorises Atlantic City casinos to offer intrastate online gaming to New Jersey residents, as well as to consumers in regulated international markets.

Signifying the importance of Paddy Power to its local economy, Ireland’s Minister for Enterprise, Trade and Innovation, Batt O'Keeffe has this morning announced the creation of 500 new Irish jobs as part of a significant expansion in employment by Irish bookmaker Paddy Power plc, which will increase its Irish employee base to 2,210.

Aiming for a slice of the estimated CAD$1 billion a year industry, Canadian state lottery operator Loto-Québec has announced that its EspaceJeux.com online gambling site will officially launch next week, Wednesday December 1st, with residents of the province now able to pre-register at the site.

Who is the new man in charge at Unibet? Gaming Intelligence asks CEO Henrik Tjärnström if he is the right person to succeed Petter Nylander.