IGaming

888 pens £18m deal to buy JPJ’s Mandalay

London-listed online gambling group 888 Holdings has agreed upon an £18m deal to acquire a number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. 888 has purchased a number of digital bingo brands from the Jet Management Group and Jet Media, who form the basis of the Mandalay operating unit. The online gambling group has …

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BetConstruct secures ADM approval for Italian market

BetConstruct - Law and justice in Italy concept with a 3d rendering of a gavel on a wooden desktop and the Italian flag on background.

BetConstruct has made the latest licensing list for the Agenzia Dogane Monopoli (ADM) – the agency responsible for both the collection of taxes and the protection of citizens’ rights through gambling licensing and regulation in Italy. Trading as Vivaro Limited, the Online Gaming Licence will enable BetConstruct to deliver online sports betting, horserace betting, casino games and poker, as well …

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H5G to emulate US social casino success through BtoBet deal

H5G - 61397191 - mobile casino or roulette and casino coins flying out from a mobile

US-based social casino High 5 Games (H5G) will present its players with targeted real money online content after securing a new partnership with BtoBet. H5G, which holds a strong presence in the social casino space with over 17 million downloads worldwide, will use BtoBet – and specifically the firm’s Neuron Gaming platform – to boost its footprint in the real …

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Cherry AB delivers excellent final statement as a Stockholm enterprise

The governance of Cherry AB has today published the online gambling firm’s last trading statement as a Stockholm Nasdaq-listed enterprise, as Cherry transitions to new ownership, managed by private equity vehicle Intressenter Bidco. Continuing its strong 2018 momentum, a reformed Cherry AB posts a 44% increase in full-year group revenues to MSEK 3,236 (2017: MSEK 2,252), detailing growth across its core B2C …

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Therese Hillman – NetEnt unafraid of tackling tough choices for delivering growth

Publishing its full-year 2018 results, Therese Hillman new Chief Executive of Stockholm-listed industry games developer NetEnt AB, has emphasised that her new executive team will continue to execute ‘changes delivering efficiencies for commercial growth’. NetEnt’s CEO closes a transformative Q4 2018 trading period, in which the games developer has undertaken a series of organisational adjustments – significantly reducing headcount within …

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LeoVegas looks to the future after closing challenging 2018

LeoVegas - Two chairs with flags of UK and sweden isolated on white. 3D illustration

Stockholm-listed online gambling group LeoVegas AB recovered from a transitional Q3 period to post a 25 per cent revenue increase to €84.5m for Q4 2018 (1 October to 31 December) trading. However, the operator’s organic growth in local currencies excluding the UK was just 14%, a figure which, according to Regulus Partners, “represents a material gap down on what the …

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Stride places itself under ‘offer period’ reviewing all future options

Issuing a market statement, the governance of London AIM-listed online gambling group Stride Gaming Plc has clarified its strategic position/intent, following media reports that it seeks an outright sale of the business. Stride governance confirms that at present ‘all strategic options are being considered’ with a view to maximising shareholder value, including – i) implementing an aggressive UK and international …

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Videoslots joins the Swish Swedish market assault

Swish - Copyright: yuran-78 / 123RF Stock Photo

Swish has secured its third high-profile gaming client in a little over a month after striking a deal with Videoslots.com for the online casino operator’s Swedish players. The deal, which follows similar agreements with both LeoVegas and Mr Green, will help Malta-based Videoslots to strengthen its position within the re-regulated Swedish market. Following this re-regulation of the Swedish gambling market, …

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UKGC boosting online safety with new age verification standards

The Gambling Commission has released a new set of rules, ensuring that operators implement a new wave of age verifications checks “to make gambling safer and fairer”. Following an open consultation, and to further guard against the risk of children gambling, new rules mean operators must verify customer age before they can either deposit funds into an account or gamble with …

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BetConstruct brings the glamour through FTVGG Live Casino

BetConstruct has upped the glamour within its in-house live studio after launching a branded Live Casino hall for FashionTV Gaming Group (FTVGG). It is the latest joint project between the two parties, who initiated a partnership in November of last year by launching a new, unique line of branded slots. BetConstruct said that this new addition to the studio “exudes …

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