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Cherry AB subsidiary Yggdrasil Gaming (Yggdrasil) furthers its European online games provisions by confirming that it has been granted two Romanian ONJN licenses for online slots and operator provisions. Following a review of services, ONJN Romania’s National Gambling Office has cleared Yggdrasil for servicing slots and games provisions to licensed Romanian online gambling operators under a Category 1 licence. Yggdrasil …

Quebec’s Autorité des Marchés Financiers (AMF) has accused former Amaya Inc CEO David Baazov of being part of a ‘sophisticated’ network of insider traders, by which privileged information was exchanged for ‘kickbacks’. Presenting court documents, the AMF states that it has found six-years of insider trading evidence against Baazov and 12 close associates, including his brother Josh. The AMF who …

New real money daily fantasy sports operator Sportito has its sights on dominating the UK by offering fantasy enthusiasts the most dynamic game on the market. Launching its UK services, Sportito will allow DFS players to cash-out instantly from competitions with no season-long commitment; its competitions will also have no salary caps making for easier play. Furthermore, the DFS start-up will …

Stockholm-listed Betsson AB has confirmed that it has entered a binding agreement to acquire Lithuanian betting operator Lošimų Strateginė Grupė, holding company of betting brand TonyBet’s Lithuanian business. Updating the market, Betsson governance detailed that it had acquired Tonybet Lithuanian assets for an initial consideration of €4 million, representing a 3.6x multiple on the acquired firms 2016 to-date EBIT of …

Playtech has moved to strengthen its sports betting senior management team, announcing a trio of leadership appointments, ahead of a set of large-scale ‘Playtech ONE’ projects and following its acquisitions sports software provider BGT. The FTSE-listed gambling technology provider has confirmed the appointments of Richard Andrew as new Playtech Sports Chief Operating Officer (COO), joining from The Hong Kong Jockey Club, …

Furthering its presence within Eastern European betting markets, Oslo-listed Gaming Innovation Group (GIG) has confirmed that it has entered a platform services partnership with Niké, Slovakia’s largest betting operator. Niké who at present operator over 900 betting points in Slovakia, will integrate GIG’s iGaming Cloud (iGC) platform as the gambling operator prepares for a new regulatory framework for igaming and …

The Betfinder failed to fire for Eoin Ryan in the Tipster Challenge at Doncaster, as BetVictor’s Head of Sportsbook Product managed just 1.63 points across the seven races. However, he wasn’t the only one to struggle, with a mere 8.26 points collected across the day from all four of our Tipster Challenge experts. SBC News picked out the same, solitary winner as …

Industry omni-channel platform providerMediatech has agreed a deal with Global Gaming Network opening its services to the fast-emerging Cambodian market. The agreement will see Mediatech work and advise on a number of projects within Cambodia’s regulated gaming market. Mediatech Solutions’ Head of Asia-Pacific Tom Moester said: “We are delighted to have entered an agreement with Global Gaming Network to explore …

In its Corporate Business Plan for April 2016 to March 2017, about which I wrote in May – see http://www.sbcnews.co.uk/features/comment  – the Gambling Commission made clear that: amongst its strategic objectives was to empower and protect consumers and to raise standards across all gambling sectors to ensure safe and fair play for consumers and wider public confidence in the integrity of …