iGaming

iGaming industry specialist payment provider, Optimal Payments  has announced the details of AffiliateFEST, a project created by Lee-Ann Johnstone Head of Affiliates and targeted at the next generation of affiliates looking to make their mark in the iGaming sector. The acquisition and partnership focused event,  takes place at London’s Hippodrome Casino on October 12 features keynote speakers and some invaluable …

Australian gambling and leisure operator Crown Resorts has announced that it has acquired a 60% stake in Austin (Texas) based social gambling/games developer DGN Games LLC for a sum of US $27.5 million (£17.5 million). Crown Resorts becomes the latest land based operator to invest in the Social gambling sector, following last year’s $885 million (£560 million) acquisition of Big …

iGaming technology and platform supplier Playtech has announced that it has merged its two-tier poker rake system into one unit. Playtech’s iPoker network hopes to gain stronger player liquidity for its clients in the competitive online poker space. Playtech poker management state that the merged tiers were approved following the successful introduction of its Source Based Rake (SBR) system this …

Having completed its £425 million acquisition of Gamesys in April, Toronto listed Intertain Group has reported a group revenue surge of CAD $95 million for its Q2 2015 performance (Q2 2014 – CAD $5.6 million). Factoring in costs of its Gamesys acquisition during the period Intertain governance would issue an adjusted net income of CAD $24.5 million. Reporting on an …

LeoVegas is celebrating following a successful month of high octane racing. Rodren Vella, who is sponsored by LeoVegas kicked celebrations off by finishing first in the Anglesey Coastal Circuit heat of the Tegiwa Civic Cup. Vella’s achievements were followed by LeoVegas’ Norwegian Country Manager completing the seven-day cross-Europe Modball Rally. Vella’s strong finish in Anglesey sees him sitting in seventh position on the overall …

The UK Gambling Commission (UKGC) has reported that the number of gambling adverts on illegal websites has dropped by a third since the UKGC joined a police operation aimed at disrupting websites that break copyright laws. Earlier this year the Commission teamed up with the Police Intellectual Property Crime Unit (PIPCU) for Operation Creative – an operation aimed at reducing …

Interactive gambling operator NetPlay TV has announced that it has acquired product development and marketing studio Otherside Inc for £3.2 million. The London AIM listed operator stated that it had been actively looking at the market and considering various options as part of its stated strategy to expand the business both organically and through M&A. Founded in 2008, Otherside specialises …

Optimal Payments has confirmed its €1.1 billion ($1.2 billion) takeover of Skrill Group services, the acquisition sees Optimal become the biggest payment provider for the online gambling sector. The payment provider has fulfilled all takeover obligations set by the UK FCA, and met payments conditions set by majority stakeholder CVC Capital Partners, who had acquired a majority stake in Skrill …

The seventh Malta iGaming Seminar (MiGS) was launched in the presence of Dr Jose Herrera, Parliamentary Secretary of Competitiveness and Economic Growth, and Joseph Cuschieri, chairman of the Malta Gaming Authority, at the Marina Hotel Corinthia Beach Resort. It will be held at the Corinthia Hotel, St Julian’s between November 16 and 19. MiGS director Jeffrey Buttigieg, who is also …

Manx Telecom PLC Tuesday said it has signed a contract for online poker operator PokerStars to be its anchor tenant for the second phase of Manx’s Greenhill Data Centre. Manx, a communication services provider on the Isle of Man, said that the three-year data hosting contract will see a total of 48 data hosting racks and associated equipment moved from …