Misys’ investors redeem shares

first_img whatsapp Misys’ investors redeem shares by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo Tuesday 22 February 2011 7:30 pm More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Sharecenter_img KCS-content Tags: NULL Software firm Misys said the majority of its shareholders had chosen to have their shares redeemed as part of a scheme to return to investors some of the proceeds from the sale of its stake in Allscripts-Misys. The company said 69.5 per cent of shareholders elected to have their “B” shares redeemed. Meanwhile, 23.3 per cent elected to take a single dividend of 38p. Misys is returning £145m to shareholders, equivalent to 38p per share, following the sale of its 55 per cent stake in healthcare IT company Allscripts for $1.2bn last year. Show Comments ▼last_img read more

Dresdner bankers set for bonus case

first_img whatsapp Show Comments ▼ Tuesday 8 March 2011 9:09 pm whatsapp Dresdner bankers set for bonus case KCS-content Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com COMMERZBANK faces a high-profile lawsuit from 104 of its investment bankers over a bonus dispute, after the Court of Appeal yesterday rejected the bank’s request to dismiss the case. Current and former bankers, who worked for Dresdner Kleinwort before Commerzbank took it over in 2009, are suing to recover €52m (£44.7m) in bonus payments from 2008 and will now prepare for a full trial in 2012. The case could force Commerzbank to reveal details of Dresdner’s bonus decisions and set a precedent for other banks that have withheld bonuses when the company was struggling.Commerzbank argues that the bank was entitled to slash bonus awards because the bank’s economic conditions had materially changed, based on Dresdner’s €6.2bn losses during the bonus period.The court has heard that bankers learned about a guaranteed €400m bonus pool during a meeting in August 2008, but the bank ended up paying out around €272m.The court yesterday allowed the bankers to argue that contractual promises were made during internal meetings, as well as in written form, in a blow to the bank’s case.Judge Andrew Morritt said: “I see no reason why the promise of a guaranteed minimum bonus pool cannot be contractually binding even though individual employees cannot at the time point to an entitlement to a specific bonus payable out of it.“At the very least each of them would be entitled to nominal damages for its breach,” he added. Commerzbank said it was disappointed by the decision but that it will defend itself against the claims. The bank declined to comment on whether it might appeal the latest judgment or consider a settlement.Law firms Stewarts and Mishcon de Reya are representing the bankers, while Linklaters is acting for the bank. Tags: NULLlast_img read more

EADS in revenue boost after plane order bounce back

first_img European aerospace group forecast higher revenue and stable core operating profit as it boosts development spending this year, after bouncing back to profit with a record cash pile in 2010.Europe’s largest aerospace group cheered a stronger than expected rebound in the economy and in demand at subsidiary Airbus, but is bracing for higher spending on its new A350 airliner, defence cuts and poorer currency hedges this year.EADS posted higher than expected 2010 revenue of 45.8bn euros (£39.4bn), up seven per cent, and operating profit of 1.23bn euros, in line with market forecasts.In 2009, EADS sank to a net loss of 800m euros after taking provisions on delays to the A400M military plane.Wednesday’s results were overshadowed by a $29bn (£17bn) slew of plane orders in the previous 24 hours, about half of which will benefit Airbus, the EADS planemaking subsidiary, with the rest scooped up by arch-rival Boeing. EADS in revenue boost after plane order bounce back Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULL Wednesday 9 March 2011 2:53 am Show Comments ▼ Share whatsapp John Dunne whatsapplast_img read more

June IPO planned for SUEK

first_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Share whatsapp June IPO planned for SUEK Show Comments ▼ KCS-content center_img whatsapp Wednesday 30 March 2011 8:42 pm RUSSIAN coal giant SUEK is planning a $1bn (£623m) float in London by the end of June, City A.M. has learned.The float is being shopped around some of the world’s biggest investors in commodities during pre-marketing meetings in London, with BlackRock and Renaissance Capital having been approached.The deal, which is being led by Chris Byrne at Credit Suisse, is set to value Russia’s biggest producer of thermal coal at $5-$8bn. SUEK has been trying to float for some time, with a London initial public offering (IPO) originally slated for 2008, then June last year and then postponed until 2011.There is speculation that the deal could again be pushed back due to ongoing market uncertainty, but with bulk commodities currently seen as a hot proposition, part-owner Sergei Popov is keen to take advantage of high prices for resources to scale down his ownership share and concentrate on other businesses.Investors say they would welcome another major coal player on the market but there will be a question of whether the miner’s owners are willing to offer an “oligarch discount”, as one investor in the sector put it, for the risk of buying shares in a company that is 50 per cent owned by Russian tycoons Sergei Popov and Adrei Melnichenko. Such a discount should be around 20 per cent, said the investor.Several Russian floats planned for this year have failed due to overly high value expectations by owners, while others, such as Rusal, saw their share price drop sharply after going public, although it has since risen above its float price.ADVISERS: SUEK FLOATCREDIT SUISSECHRIS BYRNECHRIS Byrne is leading the effort to get SUEK on the London Stock Exchange – no mean feat given the failure of its previous attempts.Byrne has been with Credit Suisse since 2006 when he moved from JP Morgan Cazenove to focus on UK?industrial and technology clients.Since moving to Credit Suisse, he has worked alongside Nicholas Koemtzopoulos and Laurent Charbonnier on the attempted float of Nord Gold, which was cancelled in January.And last year, he was put on the account for UK?engineering firm Bodycote alongside Execution Noble.He also advised on the £12.8bn rights issue for Intermediate Capital Group in 2009, where he was working with Indy Bhattacharyya and Alex Phillips. At JP Morgan Cazenove his clients included property investment firm Capital & Regional, defence and technology company QinetiQ, and electronics firm Laird Group.Credit Suisse is also an adviser on Glencore’s potential float. The bank declined to comment yesterday. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Tags: NULLlast_img read more

Ericsson beats profit forecasts

first_img whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastHero Wars This game will keep you up all night! Hero Wars Luxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsGundry MD Total Restore SupplementWhat Rice Does to the Human BodyGundry MD Total Restore SupplementSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health whatsapp Share Ericsson beats profit forecasts center_img Wednesday 27 April 2011 8:08 pm Tags: NULL KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Ericsson blasted past first-quarter profit expectations thanks to surging mobile broadband sales, but said it would take until the third quarter to resolve Japan quake supply problems. Ericsson’s shares jumped more than 10 per cent to their highest since last July, as sales soared on the back of a recovering tech gear market. last_img read more

LeoVegas thrives despite limiting World Cup ad spend

first_img Operator unveils record figures after bold marketing decision for Russia 2018 1st August 2018 | By contenteditor Subscribe to the iGaming newsletter LeoVegas thrives despite limiting World Cup ad spend AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresscenter_img Tags: Online Gambling Topics: Finance Finance LeoVegas hailed its focus on technology and brave marketing decisions as it generated record profits in Q2.The Stockholm-listed gambling operator said EBITDA more than doubled to €15m (£13.4m/$17.5m) in the three months through to June, with revenue soaring by 76% to €87.4m thanks to the impact of its Royal Panda and Rocket X acquisitions. The number of depositing customers was 309,987, an increase of 79% year-on-year. However, it was LeoVegas’ business strategy over the course of the quarter that really caught the eye, with the company opting to go against the received wisdom of splashing the cash on marketing to ensure a share of the FIFA World Cup bounty.While marketing costs during the quarter totalled €30.5m – the highest level in absolute figures in LeoVegas’ history – they were considerably lower than expected in relation to revenue at less than 35%.“We generated a record profit during the quarter, and the main explanation is lower marketing costs,” said LeoVegas CEO Gustaf Hagman (pictured).“Our data-driven marketing model works in such a way that we invest only if we see a sufficiently high return in our marketing channels.“During the FIFA World Cup, many gaming companies that work primarily with sports betting significantly increased their advertising budgets, and as a result the long-term customer value of our marketing was deemed to be uncertain.“Our models indicated not to advertise in certain channels, and accordingly we quite simply refrained. This in turn resulted in slightly lower growth but at the same time significantly higher EBITDA.”The company also highlighted the impact of its new front-end platform. It said the enhanced offering improved the game experience for customers while also enabling it to be more effective in product development.The group added that it believes its decision to employ a number of technology partners will also reap dividends, with Kambi, Betconstruct, and SB Tech servicing LeoVegas, Rocket X and Bet UK.LeoVegas said: “This gives us great flexibility to be able to offer the best experience and adapt our offering to local preferences. “Over time we see that it will be fully possible to use more providers for the same brand and thereby achieve the best possible sports betting experience for our customers.”While analysts were positive about LeoVegas’ results, the company’s share price fell by around 14% this (Wednesday) morning, perhaps due to its lower-than-expected performance at the start of the third quarter.However, LeoVegas said the operational decisions made during the second quarter had given it a “stable foundation to continue to improve”.In a note from analysts Regulus Partners, the company was hailed for its unique outlook.Regulus added: “In a market where many are convinced that saturation and maturity prevent successful newcomers, that marketing spend is the key to growth and that regulatory change is more about explaining than managing external forces, LeoVegas demonstrates that running a business well can still overturn all of these assumptions.”last_img read more

New Jersey to surpass Nevada by 2021

first_img Topics: Tech & innovation Email Address New report says state’s betting market to be worth $442m in three years 7th September 2018 | By contenteditor Regions: US New Jersey to surpass Nevada by 2021center_img Tech & innovation Subscribe to the iGaming newsletter New Jersey could have as many as 20 online operators by the end of the NFL American football season and have a bigger sports betting market than Nevada by 2021.Research company Eilers & Krejcik Gaming has tipped the fledgling market to increase from a current yield of just $35m this year to $442m (£340m/€380m) by the end of 2021. Over the same period, Nevada, the US’s gambling capital for decades, is expected to rise from a current $279m to $410m.In its US Sports Betting Monitor report – available here – Eilers & Krejcik said factors such as a shift in major card-issuing bank attitudes toward processing sports betting transactions, “very high” rates of black market recapture and cross-selling synergies between online sports betting and online casino gaming will be significant factors in New Jersey’s ascendancy.Eilers & Krejcik’s report comes at the start of the NFL season, which has been considered a key moment for in New Jersey betting operators. Last night’s game between the Philadelphia Eagles and Atlanta Falcons (pictured) was the first game on which American punters could legally place bets outside Nevada, with DraftKings FanDuel, William Hill, MGM Resorts and Rush Street/SugarHouse all offering mobile sportsbooks.With other operators set to enter an increasingly crowded marketplace soon, Chris Grove, head of sports and emerging verticals at Eilers & Krejcik, told iGamingBusiness.com that New Jersey’s betting market will be almost unrecognisable by the time Super Bowl LIII takes place in Atlanta in February.“The market by the end of the NFL season will dwarf the market as it stands today,” Grove said. “You’ll have at least double the amount of online operators, near-permanent retail sportsbooks at most properties, and an industry-wide marketing machine fully engaged.”Groves added that the key developments in the coming months in US betting will be further consolidation between land-based and online operators, as well as legislative changes.He added: “The two things we’re watching for: First, who snaps up partnerships with the remaining regional casino powers. Those deals will go a long way to determining the eventual shape of the market.“Second, what states move forward with bills and what kinds of decisions do they make on issues like tax rate and ceding control or revenue to the leagues.”New Jersey legalised sports betting after PASPA was repealed in May, with the first wagers being accepted in June. DraftKings became the first company to launch digital betting in early August. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Virginia sports betting bill clears Senate

first_img Topics: Casino & games Legal & compliance Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 6th February 2019 | By contenteditor The Virginia Senate has passed a bill that could lead to the legalisation of sports betting and also permit land-based casinos to open for the first time in the state.SB 1126, introduced by Democrat Senator Louise Lucas, has already cleared the Senate Committee on General Laws and has now passed the Senate by a vote of 28-12.Following this approval, the bill will head to the House today (February 6) for a first reading before being referred to the Committee on Rules for further discussion.SB 1126 set out plans to legalise casino gaming in the state, with casinos to be restricted to cities that have an unemployment rate of at least 4%, a poverty rate of 20%, and which had experienced a population decline of at least 7% between 1990 and 2016.Each city would be able to issue one casino licence, with a tribal casino permitted in cities with a population of at least 200,000, and in which 24% of all real estate are exempt from local property taxes. In order to open a casino, each local authority would need to secure approval from residents via a local referendum.The licensed casinos would be able to offer table, dice and slot games, as well as sports betting. However, there are now measures in the bill that would allow for online gaming or wagering.The Virginia Lottery Board would be responsible for regulating the market.Casino venues would pay a tax of 10% of gross revenue, with takings divided between a number of causes. These would include the State General Fund and new entities the Virginia Public School Construction Grants Program and Fund and the Problem Gambling Treatment and Support Fund, which would be established under the bill.Some tax revenue would also go to the State Local Casino Gaming Proceeds Fund, which will be established through the act to ensure local authorities benefit from the casinos. The cities in which venues are based will also receive a share.SB 1126 is one of seven sports betting bills that have been put forward in Virginia in the 2019 legislative session. Last week, Senator Chapman Peterson introduced SB 1238 while Senator Frank Wagner submitted SB 1256.SB 1238 calls for the establishment of the Virginia Sports Betting Department and to authorise the new organisation to regulate land-based sports betting only.Meanwhile, SB 1356 also calls for the legalisation of sports betting, with plans to rename the Virginia Lottery Board as the Virginia Lottery and Sports Wagering Commission and allow it to establish a digital platform for wagering.Image: Famartin Regions: US Virginia Virginia sports betting bill clears Senatecenter_img Subscribe to the iGaming newsletter Email Address SB 1126, a bill that would legalise sports betting and allow land-based casinos to open in Virginia, has been passed by the state’s Senate. Casino & gameslast_img read more

Playtech inks esports agreement with Golden Matrix

first_img20th November 2020 | By Conor Mulheir Under the terms of the agreement, Playtech will gain exclusive rights to distribute Golden Matrix’s newly developed suite of peer-to-peer (P2P) esports betting games. Playtech inks esports agreement with Golden Matrix Golden Matrix will also receive non-exclusive rights to distribute Playtech’s most popular games through its operator network, including live dealer games, slots, table games, bingo and poker. “With Playtech as our Peer2P distribution partner, GMGI’s exciting content will now be introduced to new gaming audiences, thus extending the company’s reach into new territories – including the fast growing US market where we expect to establish a significant presence.” Playtech chief executive Mor Weizer added: “Playtech’s success is driven by key strategic partnerships with the industry’s leading specialists that complement our technology, increase our scale and breadth of offering and extend our distribution capabilities.” esports betting It will also be able to deploy its AI player acquisition and retention system through Playtech’s global network. Industry giant Playtech has announced a collaboration agreement with social gaming platform supplier Golden Matrix, to expand both companies’ share of global esports and betting markets. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Results published in September showed that Playtech suffered a 22.5% fall in revenue in the first half of 2020 as the pandemic disrupted several areas of its business. Tags: Playtech Golden Matrix Subscribe to the iGaming newsletter Revenue for the six months to 30 June declined to €564.0m (£513.0m/$664.6m), as a strong performance from its financial division TradeTech proved unable to offset a 13.5% drop in B2B revenue, and a 41.0% drop in B2C’s contribution. “This collaboration agreement with the industry’s most prestigious technology provider and distributor represents a significant milestone in our company’s expansion and growing success,” Golden Matrix chief executive Brian Goodman said. Topics: Esports esports betting Video gaming “We are delighted to announce the new partnership with experienced technology provider GMGI. This is the exciting first step in our partnership which will see us launch esports, P2P and other innovative software as well as expand distribution of our world class content.” In March, Golden Matrix licensed its GM-X platform to 24 new clients, and expected this number to grow significantly, as operators shifted online amid lockdowns resulting from the novel coronavirus (Covid-19) pandemic. Email Addresslast_img read more

Miomni to introduce exchange betting product for US market

first_imgIt stated the product would bring several benefits to operators, including full transparency, expanded market access and visibility, integrity in pricing, increased player confidence and engagement, expanded liquidity, automatic hedging facilities and full compliance and regulatory measures. Subscribe to the iGaming newsletter Sports betting supplier Miomni Gaming is set to introduce a new exchange betting product, MiOffer, to the US market in 2021. 27th November 2020 | By Conor Mulheir Read the full story on iGB North America. The product, which has been patent protected since 2012, combines elements of traditional sportsbook management with exchange wagering and can be complementary to or independent of existing sportsbooks. Since any unmatched offers on the exchange would automatically be recognized by its software, the supplier said it is an error-free system, ensuring that the administrator and the ecosystem are constantly in communication. Sports betting The product can be managed in-house or outsourced to Miomni. The supplier claimed it is a risk free proposition which enables greater market transparent and player confidence, bringing higher sustainable revenues into the gaming ecosystem. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Miomni Exchange Miomni to introduce exchange betting product for US market Regions: US Email Address Topics: Sports bettinglast_img read more