IGaming

Spelinspektionen issues second licence to LeoVegas

SafeEnt

Online betting operator LeoVegas is growing its Swedish presence after gaining its second licence in the country for its new brand, pixel.bet. The five-year licence has been issued by the country’s regulator, Spelinspektionen, for both online casino and sports betting. Gustaf Hagman, LeoVegas’ Group CEO, celebrated the new licence: “During a year when we focus on strong growth but also …

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Gaming Realms agrees on takeover of Bear Group

MGA - Copyright: opolja / 123RF Stock Photo

London-listed Gaming Realms has confirmed the sale of Bear Group, its real-money gaming operating subsidiary to River iGaming, whilst further offloading its 30 per cent share in River UK Casino. The sale was agreed for a cash consideration of £11.5m, which is set to include the settlement of the contracted deferred consideration of £4.2 million owed to Gaming Realms by …

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One-stop gaming platform presentation marks 20th birthday for Betinvest

Betinvest

Betinvest has presented a new Online Gaming platform made up of the following core modules – Sportsbook, Marketing, Payment, Third Party, Responsible Gaming and Management. The betting platform provider introduced this “one-stop platform” at this month’s ICE London exhibition, an event which marked its 20th anniversary in the industry. Through this imminent platform launch, Betinvest will offers its clients the …

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Dutch senate passes Remote Gaming Act after years in limbo

Two and a half years after the original bill was passed in its House of Representatives, the Dutch Senate has finally passed its Remote Gaming Act, paving the way for igaming regulation across the Netherlands.  With the aim of addressing the unregulated online gambling market for Dutch consumers, the new legislative framework will be integrated into law through a Royal …

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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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