IGaming

Yggdrasil muscle & ComeOn recovery see Cherry AB confident of future prospects

Stockholm-listed online gambling group Cherry AB continues its strong 2018 momentum, reporting a further trading quarter driven by organic growth, delivering double-digit increases across its core metrics and KPIs. Publishing its Q3 trading update (period ending 30 September), Cherry reports a group revenue increase of 58% to MSEK 899 (Q3 2017: MSEK 567), with the firm delivering year-to-date revenues of …

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Spiffbet launches Take5Live in Spain with Betsson

Spiffbet

Swedish games provider Spiffbet (formerly SpiffX) has launched its hybrid Take5Live series in the Spanish market through Betsson.es. The series, which allows customers to place bets on there being a goal within the next five minutes, has been created to provide operators with an easy acquisition, cross-sell and retention tool, accessing a section of the market that traditional sportsbook games …

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Betsson.es seeks to showcase new image revamping website

Stockholm-listed Betsson AB continues to revamp its Spanish licensed online gambling property Betsson.es, confirming the effective redesign of its website for desktop and mobile utilities. Focusing on delivering an ‘adaptive user experience’ across its core verticals, the new Betsson.es website aims to simplify user journeys, allowing for better player engagements with Betsson.es games content and inventory. Re-launching its Spanish website, …

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New Inbet lobby to provide easy access to full virtual collection

Inbet lobby

Inbet Games has implemented a new lobby which enables bookmakers to integrate a whole collection of virtual games rather than one at a time through the API. The lobby, designed to provide incremental revenues for its online partners, can be tailored to match the look and feel for operators including Parimatch, Fonbet and Marathonbet. It means that the following virtual …

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Breaking Data seeks CAD $12m subscription round to close Oryx Gaming acquisition

In accordance with Toronto TSX market rules, Canadian digital technology group Breaking Data Corp (BDC) has confirmed that it will undertake a ‘private subscription placement’ seeking to raise capital funds of CAD $12 million (€8 million). Updating the market, BDC governance confirms the appointment of Toronto investment bank Eight Capital as sole book-runner for its upcoming transaction, which will offer …

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“You might as well shout at the moon” – Hammond set to issue RGD hike

Next Week (Monday 29 October) will see all the debate come to an end as Chancellor Philip Hammond delivers the UK Budget 2018, with industry expectations firmly set to see a significant remote gaming duty (RGD) increase. Representing the third online gambling tax constraint imposed by the government since 2014, following point-of-consumption (POC-2014) and Industry Free-Play taxes (2016), 20 and …

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MRG Group’s effective enlargement sees strong start to 2020 journey

MRG Group (legacy Mr Green&Co), the third Stockholm-listed industry enterprise to publish its Q3 2018 trading update today, details strong progress on its diversification and geographic expansion initiatives. Detailing a further consecutive ‘record-breaking’ quarter performance, in which MRG records a 50% group revenue increase to SEK 445 million (€43 million). The Stockholm enterprise details a period of high customer activity, …

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GLMS and Victoria Police unite to “wipe out organised crime”

Neds - Copyright: somartin / 123RF Stock Photo

The Global Lottery Monitoring System (GLMS) and Victoria Police have decided to join forces and share information regarding irregular betting patterns in order to detect and prevent sports betting manipulations in Australian sport. It is hoped the move will “wipe out organised crime involvement” in the industry.   GLMS will be providing Victoria Police with information on irregular betting patterns …

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Jaydeep Chakravartty leaves Ingenuity Gaming for Nektan VP role

Nektan, thean international B2B and white label gaming software and services provider, has named Jaydeep Chakravartty as its new Vice President, Commercials. Chakravartty has a wealth of industry experience and joins from Ingenuity Gaming, where he held the position of Commercial Director for six years with the games studio. His industry career began as Manager for Ladbrokes Retail followed by …

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Inbet’s online partners gain casino games from Vivo Gaming

Vivo

The white label platform for Inbet Games has been bolstered by another integration – this time in the form of live stream casino games from Vivo Gaming. Inbet’s online casino partners have therefore gained access to a full range of real land-based casino games from a leading interactive provider, including European Roulette, Live Roulette, Baccarat, Craps, Sic Bo, Blackjack, Dragon …

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