Members of the Gaming Regulators’ European Forum (GREF) have confirmed the completion of a year-long study into the effects of microtransactions in video games, which has included the use of ‘loot boxes’. The members of the Forum, which includes gambling regulators from 19 countries, have chosen not to implement measures which would restrict such features, despite receiving specific recommendations to …
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Ainsworth Game Technology (AGT) has confirmed that its former CEO Danny Gladstone will take up the position of Chairman of the Board following its most recent AGM. Gladstone, who will take over from outgoing Chairman Graeme Campbell, stepped down as AGT’s CEO back in June. AGT has since confirmed, however, that Campbell will remain on the board as Lead Independent …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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