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Updating the market, industry affiliate marketing and player acquisition firm Catena Media has informed that it has been approved for the listing of its shares on the Stockholm Nasdaq main market. The company now awaits final approval from the Swedish Financial Supervisory Authority to complete its full listings migration from Nasdaq North Premier to the larger Stockholm Nasdaq. Catena governance …

Stockholm-listed, European gambling operator Kindred Group Plc has awarded its UK media planning and buying account to London marketing agency Initiative UK. The new agency will now lead the media strategy and execution for Kindred’s multi-million £ UK advertising account, across group brand portfolio of; Unibet, Stan James, Bingo.com and Maria Casino. Part of IPG Media Brands, Initiative UK takes over …

Seeking to boost its operational database provisions, independent sports betting operator bet365 has agreed to acquire bankrupt Basho Technologies assets (deal undisclosed). Confirming the acquisition last week, bet365 Chief Technology Officer Martin Davies posted an update on Basho’s online community detailing that ‘an agreement had been reached, to buy all remaining Basho assets’. Founded in 2008, Washington-based Basho is a …

It’s safe to say that “recapturing millennials” has been a buzzword thrown around the gambling industry for a considerable while. Are young punters drawn to greyhounds and racing in the same way as previous generations? When they’re looking to have a bet, what are they looking for? The esports opportunity is still arguably in its infancy. It’s vitally important to …

Presenting its H1 2017 interim results, industry games provider Yggdrasil Gaming has detailed a strong momentum to its commercial operations driven by ‘accelerated growth’ as the company has secured 24 new partner operators during the period. Updating the market, Yggdrasil governance would declare a 116% increase in corporate revenues to SEK 74 million (€7 million – H1 2016: SEK 34 …

The governance of London-listed industry betting and racing systems provider Sportech Plc has described the first half of 2017 as a ’transformational period’ for its business. The company which continues to expand internationally, securing new betting systems contracts in Asia, Denmark and the USA (Connecticut) would report H1 2017 period corporate revenues of £36.4 million up 5% corresponding 2016’s £34.7 …

London private equity firm Silchester has acquired a 5% stake in William Hill Plc, becoming the fourth largest shareholder of the FTSE-listed operator. Led by fund manager Stephen Butt, who is considered one of London’s top performing investors, Silchester specialises in taking ‘long-hold’ positions on businesses which it believes are undervalued. A tough two-years in which William Hill performance has …

Presenting its H1 2017 results (period ending 30 June), FTSE-listed gambling technology group Playtech Plc has declared a strong ‘cash generating’ performance recording growth throughout its core metrics combined with KPI gains across its product divisions. Driven by growth in its ‘regulated markets’ activity, combined with the strong performance of its flagship casino division (up 28%), Playtech would achieve period …

Driven by new ‘client launches’ and the continued strengthening of its commercial pipeline, Toronto TSX-listed industry technology and platform provider NYX Gaming Group has reported a strong set of H1 2017 interim results. Updating investors, NYX has doubled its like-for-like group revenues to CAD $119 million (H1 2016: CAD $54 million), driven by the successful integration of its acquired OpenBet …

FTSE-listed industry platform and technology provider Playtech Plc continues its expansion within the financial services sector, moving to acquire all assets of Alpha UK, a B2B risk-management and trading systems’ supplier. Issuing a market update, Playtech informs that it has acquired Alpha’s international client portfolio, the firm’s proprietary technologies, its B2B platform, development and trading teams plus all intellectual properties. …