As a sign of corporate growth and progress, Kindred Group CEO Henrik Tjärnström has stated to investors that corporate comparative trading periods will only get tougher for the Stockholm-listed enterprise. Presenting Kindred’s H1 2018 interim leadership update, Tjärnström acknowledges that a further ‘all-time high’ trading quarter has been driven by World Cup Russia 2018, with Kindred achieving its biggest active …

Stockholm-listed industry affiliate marketing network Catena Media Plc continues to diversify its services portfolio, confirming that it has acquired forex FX trading publisher LeapRate.com. Updating the market, Catena governance details that the agreed deal will see the company pay an initial US $4 million ($2m cash + 2m share issue) transaction for LeapRate’s entire FX publisher portfolio. Furthermore, Catena governance …

Stockholm-listed European online gambling firm Kindred Group Plc continues its streak of ‘all-time highs’ reporting significant growth across its underlying corporate metrics and KPIs for its interim H1 2018 trading period (unaudited January-June 2018). Publishing its latest trading update, Kindred reports strong organic growth across its products and services driven by significant customer activity recorded during World Cup Russia 2018. …

FTSE-listed betting group William Hill Plc has confirmed the appointment of Sharon Otterman as Chief Marketing Officer (CMO) of its US division. A seasoned media executive, Otterman joins William Hill US senior leadership team from The Madison Square Garden Company, where she held the position of Executive Vice President for Marketing, leading the digital strategies of MSG venues and their …

Italian gambling group Gruppo Gamenet SPA has today signed a ‘binding agreement’ to acquire a 100% share capital in betting operator GoldBet offering a deal-value of €265 million (£240 million) Updating the market, Gamenet will move to acquire outright Goldbet’s 990 Italian betting points, and will further gain the firm’s related digital properties. At present, Goldbet is considered Italy’s biggest …

Italian gambling operator Snaitech SPA has confirmed that it will enter the Spanish betting market, having been granted a B2B supplier licence by Spain’s Dirección General de Ordenación del Juego (DGOJ).   The Italian technology group, which was acquired by FTSE-listed Playtech Plc for €840 million (deal completed June 2018), will undertake its ‘first international steps’. Updating the market, Snaitech …

  Last month I wrote about the latest effort by the UK Government to “drive action” across online gambling, gambling advertising, research, education and treatment of problem gambling and, more widely, the public health agenda with regard to gambling. Perhaps the industry’s most immediate major reaction to this has been the announcement by William Hill of a new corporate objective …

FTSE250 technology group Playtech Plc has confirmed that industry governance veteran Susan Ball will join its Board of Directors as a Non-Executive Advisor, from 1 August 2018. Last June, Ball departed the governance team of competitor Kambi Group Plc, where she acted as Non-Executive Director and chair of the firm’s Audit Committee (2014 – 2018). A former senior partner at Ernest & …

Italy’s Agency of Customs & Monopolies, the regulatory body for commercial industries’ has detailed that Italian consumers wagered approximately €466 million during World Cup Russia 2018. The wagering figure represents a new Italian sector record for a sporting event, despite Italy having no Azzurri representation at the tournament. The agency’s data goes against the pessimistic forecasts of a number of …

Former Vera&John Chief Executive Johan Königslehner has stated his intent on joining the upcoming re-regulated Swedish online gambling market, inbound for 1 January 2019. Königslehner is heading up new online gambling outfit Glitnor Group, which this week completed the takeover of LuckyCasino (LuckyCasino.com) from Malta-based operator Viral Interactive for an undisclosed fee. An enterprise founding team member of Vera&John, a European …