iGaming

German start-up Apparat Gaming has secured its first round of investment, as Yolo Investments acquires an interest in the firm. Purchasing the stake for an undisclosed sum, the Guernsey-based venture capital fund made the decision after noticing that the games developer was ‘making waves’ in the European sector.  The move falls in line with Yolo’s commercial focus on seed and …

The board of IGT Plc has notified investors that the NYSE gambling technology group has completed its acquisition of iSoftBet in a cash deal worth €160m.  Last April, IGT entered definitive terms to acquire Malta-based, games developer and online casino solutions provider iSoftBet – deemed as an essential transaction to bolster IGT’s interactive unit. Of significance, the acquisition of iSoftBet …

The Seimas of Lithuania continues to reform the Baltic state’s gambling laws, approving new amendments to the national Gambling Law and the Lottery & Gaming Tax Law.  Gambling Law amendments will see the Lithuania Gambling Control Authority introduce a new type of licence for ‘the organisation (of) remote gambling services’. The introduction of a new remote gambling licence is required …

The financial uncertainty and volatility of global markets continue to impact the online gambling sector as 888 Holdings is reportedly struggling securing investors to back its £1bn bond.  During H1 trading, 888 proceeded to issue a £1bn debt bond, needed to finalise its £1.9bn takeover of William Hill’s UK and international units from Caesars International.    The debt bond, made-up of …

888 Holdings has transformed its business, completing the acquisition of William Hill’s UK and International units from Caesars Entertainment for £1.95 billion – a deal initiated in September 2021.  This morning, 888 announced that it had begun its integration of William Hill and Mr Green – new brands that will serve alongside the group’s B2C portfolio of 888 and SI …

Gaming Innovation Group (GiG) has signed new partnerships in Spain and Portugal, strengthening its position in the Iberian markets.  In Portugal, the B2B betting and gaming software provider has entered into an agreement with Caravel Entertainment Limited (Caravel), the operator behind the Moosh.pt online brand.  Terms of the deal – signed between GiG subsidiary Sportnco Gaming and Caravel – will …

ESA Gaming has announced a new addition to its product portfolio, releasing the EasyBoost set of promotional tools. Sitting alongside its EasySwipe games portfolio – currently leveraged by a range of firms including BetConstruct – EasyBoost has been designed to boost engagement and player loyalty.  Consisting of Tournament and Money Drop features, ESA aims to offer its partners the ability …

NetShop ISP has confirmed the successful completion of its casino games audit recently carried out for casino slots development company, Fugaso. The extensive audit began back in April in an attempt to stress-test games performance and provide suggestions for optimisation on a content delivery network (CDN), infrastructure and other technology perspectives. Fugaso, which is short for Future Gaming Solutions, is …

EveryMatrix has secured a significant deal in the US, signing an agreement with Entain and MGM Resorts’ joint venture, BetMGM.  The partnership will see the Malta-based B2B betting and igaming firm provide BetMGM with content from its in-house Spearhead Studios and Armadillo Studios in the New Jersey market.  This will include the ‘The Lioness with Amanda Nunes’, which is themed …

Speculation continues to mount on the pending outcomes of the government’s review of the UK gambling sector, whose White Paper of Recommendations has been pushed back to July, by DCMS. This morning, The Times and Daily Mail reported that PM Boris Johnson will maintain his 2019 General Election pledge of imposing significant curbs on the online gambling sector, needed to …