Stockholm Nasdaq-listed Leo Vegas Group (LeoVegas) has today announced that it has completed its first corporate acquisition by agreeing terms to purchase licensed Italian online casino operator Winga.it. Updating investors, LeoVegas governance has detailed that it has agreed a €6.1 million cash consideration to buy Winga.it and its related assets outright. In its acquisition note, LeoVegas detailed that Winga.it had …
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UK bookmaker Coral has been confirmed as the new title sponsor of the Punchestown Gold Cup (Wednesday 26 April – County Kildare Ireland). As part of its contribution to the Punchestown Festival (25-29 April), Coral has boosted the Gold Cup prize fund by €50,000 to €250,000. The Gold Cup which dates back to the 1960’s is widely considered Punchestown Festival’s …
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Industry content and platform provider Yggdrasil Gaming has launched a new business initiative ‘Yggdrasil Dragons’ that will engage, work with and support mutually beneficial partnerships between the supplier and other sector entrepreneurs and new businesses. The Yggdrasil Dragons programme will give its new partners access to Yggdrasil’s leading technical framework, robust licensing structure and further access to the firm’s operator …
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The governance of European igaming operator Cherry AB has confirmed that ‘acting’ Chief Executive Anders Holmgren will take on full leadership duties of the firm with immediate effect. Last January, Holmgren was promoted to the role of interim CEO following the surprise departure of incumbent Fredrik Burvall due to ‘family reasons’. Updating investors this morning Cherry AB governance has moved …
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Bringing new player engagement dynamics to its football pools product, Colossus Bets has announced the launch of its ‘Colossus Syndicates’ feature which will enable users to propose crowdfunded tickets which will compete for Colossus jackpots. Colossus Bets Founder & CEO Bernard Marantelli speaks to SBC on the challenges of developing an effective crowdfunded game for the sports betting market and how his …
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Updating the market, Ladbrokes Coral Plc has confirmed the appointment of Jason Scott as Interim Chief Executive of the Ladbrokes Australia division. Scott’s promotion to CEO is further supported by the appointment of Greg Sedgwick as Non-Executive Director. The confirmed appointments, see Scott a veteran executive of Ladbrokes Australia promoted with immediate effect to interim-CEO, following the departure of Dean …
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Further to yesterday’s announcement that Oslo-listed Gaming Innovation Group will enter the UK betting market launching its Nordic flagship betting brands Guts.com and Super Lenny. GIG governance has further detailed that the firm has secured a Nordic bond issuance of SEK 400 million (£35 million), which it will use to further exploit its ongoing M&A growth strategy. The Malta-based operator …
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UK broadcaster ITV has announced the launch of its new ITV Racing app sponsored by William Hill. The app which is currently available on the Apple iTunes store will complement ITV Sports racing coverage and will feature a £100,000 predictor game. Seeking to support its new racing coverage for 2017, ITV has added video clips, results, racing news plus a …
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New industry daily fantasy sports software supplier Scout Gaming Group (Scout) has announced the executive appointments of Rolf Blom as Chairman of the Board and Andreas Ternström as company Chief Executive. Seeking significant growth in the coming months, Scout has recruited former NetEnt Chairman and serial igaming/betting industry investor Rolf Blom as its first Chairman of the Board. Blom commented …
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Oslo-listed Gaming Innovation Group (GIG), has announced that it will launch its popular Nordic facing brands Guts.com and Super Lenny (SuperLenny.com) for the UK market, having gained its official sports betting operator license from the UK Gambling Commission (UKGC). Following its UKGC approval, GIG governance informs that it is now allowed to operate its proprietary brands in addition to third …
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