The governance of JPJ Group declares a ‘new era’ for the company, as it completes its £490 million takeover of long-term technology partner Gamesys (transaction first announced 13 June). Completing its enlargement, JPJ Group changes its corporate identity to ‘Gamesys Group Plc’, trading on the London Stock Exchange under the new ticker of ‘GYS’ as of this morning. As previously …
Read More »
Playtech Plc has launched its regulated market services for Switzerland, acting as the lead digital systems supplier for Swiss Casinos Group. The FTSE firm is one-of-four technology incumbents allowed to service online casino provisions for approved land-based operators under the remit of the new ‘Money Gaming Act’’- established by Switzerland’s Federal Council Playtech has secured its systems permit in partnership with …
Read More »
Gibraltar-based Mansion Group has revamped its virtual sports offering, securing a multi-year agreement with IMG ARENA, the betting innovation studio of leading international sports agency and publisher IMG. Integrated through IMG ARENA’s existing partnership with Leap Gaming, Mansion has deployed a full suite of VS content across its UK online gambling portfolio. Moving forward, Mansion customers will benefit from instant …
Read More »
Stockholm-listed Gaming Innovation Group (GiG) has has halted investments in developing its proprietary ‘GiG Games’ studio, with immediate effect. The closure of the studio has been undertaken in order for GiG to reduce operational expenditures, whilst further returning the group to the core focuses of developing technology platforms and further igaming provisions. In its statement, GiG details that the closure …
Read More »
EveryMatrix has let go of its B2C operating licences for remote betting and casino in the UK after deciding that its white label business has been “irreparably damaged”. This is despite the company’s “best efforts to swiftly prove the ability to operate in a safe, responsible, and compliant manner”, as shown by a recent partnership with beBettor. Back at the …
Read More »
Closing trading on Friday 20 September, the governance of London Stock Exchange-listed Rank Group Plc sanctioned a formal update on the firm’s acquisition of London AIM-listed Stride Gaming Plc. Updating deal stakeholders, Rank governance confirms that its shareholder approved £115 million acquisition of Stride Gaming has met the requisites of the UK Gambling Commission (UKGC). In November 2018, Daub Alderney …
Read More »
Microgaming, a provider of online gambling games and software systems, has today confirmed that it will move to shut down its ‘Microgaming Poker Network – MPN’ in 2020. The Isle of Man technology incumbent details that its decision follows a review of its current product portfolio strategy, which will see Microgaming close one of online poker’s oldest operating networks. Launched …
Read More »
The governance of Toronto TSX-listed The Stars Group Inc has confirmed that it will reduce employee headcount within its Isle of Man office, restructuring its flagship PokerStars online gambling division. Stars Group governance has chosen not to disclose specific figures with regards to staff being made redundant from its Isle of Man offices, which have served as the company’s operational …
Read More »
Stockholm-listed NetEnt AB has moved to accelerate its UK commercial development and growth strategy, confirming the establishment of it’s new ‘NetEnt UK Ltd’ subsidiary, which has been further supported with the opening of a new strategic office in London. Updating stakeholders, corporate governance confirms that NetEnt UK has established its offices located at the Stanley Building in London’s Kings Cross …
Read More »
A House of Commons committee has advised that further regulation on in-game spending and video game loot boxes is considered, with the committee recommending that children should be banned from purchasing them. The recommendations come as part of an inquiry by the Digital, Culture, Media and Sport Committee (DCMS) which aimed to develop a report on ‘addictive and immersive technologies’. …
Read More »
SBC News Voice of the Sports Betting Industry