The management of mkodo has this morning issued a corporate statement confirming that it has reached a binding agreement to be acquired by Canadian commercial printing firm Pollard Banknote Limited. Deal terms will see Pollard Banknote pay an initial £7.8 million sum for mkodo assets and IPs, prior to standard capital adjustments. The acquisition will feature further earn-outs based on …
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New York-listed gambling technology group International Game Technology Plc (IGT) has confirmed that senior executive Alberto Fornaro has chosen to end his tenure as Chief Financial Officer (CFO). Fornaro will leave the management team on 31 January 2020 to ensure a smooth corporate transition. IGT’s board of directors has unanimously approved the appointment of Timothy Rishton, current Senior VP and Chief …
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International betting operator Parimatch strengthened its commitment to esports after it teamed up with ESforce Holding to host the Dota2 Parimatch League Season 1. The tournament, which had a prize pool of $75,000, attracted over 1,000 spectators to the Yota Arena in Moscow. It marked the first time that a betting operator had organised its own esports competition. Stepan Shulga, …
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Athens-listed gambling technology group Intralot SPA has posted a further quarter of negative declines across its core business metrics and KPIs as it continues to focus on a business transformation programme to counter corporate headwinds for its operating markets. Publishing its latest Q3 2019 trading statement (period ending 30 September), Intralot reports a 6% decrease in year-to-date revenues of €555 million …
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Land-based gambling trade body, the European Casino Association (ECA), has branded the results of its first public communications campaign as “a positive outcome”. Launching the “Did You Know?” campaign last May, the ECA aimed to shed a positive light on the image of the licensed land-based casino incumbents operating across regulated European markets. During the course of the past months, the ECA …
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Danish gambling regulator Spillemyndigheden has launched a new campaign targeted towards boosting awareness of its StopSpillet initiative which was rolled out earlier this year. As part of the new Pokerfjæs campaign, Spillemyndigheden has released a series of 30-second films which will be shown across nationwide TV channels, social media and streaming services. The three films describe the relationships between three …
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Michele Magro, General Counsel of the Malta Gaming Authority (MGA), has confirmed that the regulator will work with Italy’s ADM Customs Agency and further authorities to ‘eliminate criminal infiltrations in online gambling’. Magro confirmed to Italian betting news source AgiproNews that MGA officials had met with Italian counterparts in Rome to discuss regulatory cooperation and further information sharing to strengthen …
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Svenska Spel has boosted its leadership team after confirming the appointment of Kajsa Nylander as the company’s new Sustainability Manager. As part of her new role, which will begin on 27 January 2020, Nylander will oversee the implementation of responsible gambling initiatives as part of the Svenska Spel sustainability strategy. Joakim Mörnefält, communications director at Svenska Spel, commented: “Kaja’s solid …
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Sportsbook operator group Soft2Bet has been given the green light to launch its Campobet and YoYo casino brands in Sweden after receiving the necessary approval from the Swedish Gaming Authority. The launch follows a number of ‘successful’ inspections and audits, which have ensured that both platforms are in line with the Swedish gaming regulations. The two platforms have since been …
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GamblingCompliance, the leading provider of independent legal, regulatory and business intelligence to the global gambling sector, has been selected as the Official Compliance Partner for SBC’s 2020 programme of market-leading sports betting and igaming industry events. The two businesses have an established working relationship, but the new enhanced media partnership will see GamblingCompliance take on a more high-profile role at …
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