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Name | Symbol | Market | Type |
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Spdr Glob Infra | LSE:GIN | London | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 26.075 | 25.84 | 25.90 | 1,038 | 13:14:54 |
RNS Number:6213J Gaming Insight PLC 7 September 2001 For Immediate Release 7th September, 2001 GAMING INSIGHT PLC 5-YEAR PARTNERSHIP WITH VICTOR CHANDLER GROUP Gaming Insight Plc ("Gaming Insight" or "the Company"), the digital media rights and interactive gambling products business, is pleased to announce a five-year partnership with Victor Chandler Group ("Victor Chandler"), one of the world's largest betting companies, for the distribution of the content of gobarkingmad, Gaming Insight's on-line and digital television greyhound racing business. Details of the Partnership Gaming Insight has signed a five-year partnership with Victor Chandler to provide the 140,000 Victor Chandler account holders with a direct link to www.gobarkingmad.com. Victor Chandler account holders will be able to bet directly on the gobarkingmad pool betting platform with 24-hour access to live greyhound racing content from around the world. Exclusively, Victor Chandler will be able to offer fixed odds betting on greyhound racing from UK greyhound racing tracks on the www.gobarkingmad.com website. Whilst pool betting dominates world track betting, fixed odds betting is pre-eminent in the UK. It has been the intention for gobarkingmad to offer its customers choice in the UK market, and this will now be achieved with Victor Chandler, a market-leading fixed odds partner. The on-line gobarkingmad service will promote a direct link to the Victor Chandler website during greyhound races broadcast from the UK. It is anticipated that both the pool betting facility on Victor Chandler's website and the fixed odds betting facility on the www.gobarkingmad.com website will be available to both customer bases before the end of September 2001. Background to Victor Chandler Group The Victor Chandler Group, established in 1946, is a racing and general sports betting and bookmaking business. With headquarters in Gibraltar it has consistently been recognised as one of the most innovative and dynamic players in the sector. Victor Chandler has operations and sales offices in the UK, and Hong Kong. Annualised revenues are currently running at approximately US$650 million, with a total headcount of 350 employees covering the six principal languages in which the business is conducted. Background to gobarkingmad gobarkingmad is the world's first 24 hour, live greyhound racing channel available on the web and digital television. It is a sports content business offering the greatest frequency of betting opportunities anywhere in the world. With licence agreements to over 100,000 individual greyhound races from 10 different countries, gobarkingmad offers a schedule that can deliver a live race every 8 minutes. The service is already live with English and Cantonese race commentary, with facility to add further languages in the future. Michael Carlton, Managing Director of Victor Chandler, commented: "We are delighted about this partnership, not least because of the growing profile of greyhound racing as a betting medium. There's been an explosion in interest in the sport. Where fixed odds is the preferred form of betting, it's important for gobarkingmad to offer that choice, and I'm delighted that Victor Chandler will be providing that service on an exclusive basis "We're confident that this will be a fruitful partnership and we're very happy to have our name associated with such a forward-thinking and ambitious company. The Chandler name has long been associated with greyhound racing and this is the perfect opportunity to help us maintain and build on that strong tradition "In addition it will add yet another dimension to our online portfolio of betting and gaming offerings." David Sanderson, Chief Executive of Gaming Insight, commented: "The partnership with Victor Chandler is an important endorsement of the vast potential of greyhound racing as an on-line and interactive gaming and entertainment medium, and it's the first in a series of significant distribution opportunities we hope to be announcing in the coming months." "Whilst pool betting satisfies the majority of the gaming audience, we believe that it's important to offer choice to our UK customer base. By teaming up with Victor Chandler, a respected, established, and leading international player, we will be able to provide such a service. In addition, by promoting live, 24 hour racing from every major time zone via their significant presence in Asia and around the world, the opportunities of driving new gambling audiences to gobarkingmad will be substantially increased." For further information, please contact: Gaming Insight Plc 020 7070 7279 David Sanderson, Chief Executive Buchanan Communications 020 7466 5000 Bobby Morse/Louise Bolton
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