Global lotteries operated by Tenlot Group, including World Lottery Association (WLA) members, can now utilise the turnkey omni-channel solution from Pronet Gaming. This is as a result of a strategic agreement with Tenlot Group, which will see the Pronet Gaming platform made available to major lottery suppliers around the world. It marks a significant milestone for Pronet Gaming as it …
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Matt King, the CEO of Flutter Entertainment‘s FanDuel brand, has announced his intention to end his tenure as leader of the FTSE100 firm’s flagship US wagering unit. King’s decision comes as Flutter continues to assess the possibility of listing a ‘small stake’ of FanDuel in the US, and the operator has acknowledged that the CEO’s departure ‘will affect the timing’ …
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Parimatch players in Cyprus can now make use of OKTO.CASH, a new physical-to-digital payment method allowing them to top-up their online gaming account with cash. OKTO.CASH from leading fintech firm OKTO is an in-app payment method designed to deliver a seamless experience throughout the top-up process, with funds accessible to players in real-time without exiting the gaming app or site. …
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‘Record’ acquisitions and US regulatory developments have allowed Better Collective to get off to a ‘strong and exhilarating start’ for 2021 as the sports betting media group recorded organic revenue growth of 19% in Q1. Publishing its financial results for the three months ending 31 March, Better Collective noted that revenues for Q1 grew by 86% to €38.8 million, up …
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B2B sports betting and gaming platform provider Metric Gaming has powered the launch of Snabbis’ online sportsbook, assisting the operator with localised launches in European jurisdictions. Metric’s engine utilises an optimised back-end, enabling the processing of over 2,000 bets per second, whilst the Malta and UK-licensed provider’s multi-tenant platform will also offer individualised odds and risk set-ups by configuring over …
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International Game Technology (IGT) has reported revenue growth of 25% for Q1 2021, attributed to structural cost savings, continued player demand and the sale of its Italian B2C business to Gamenet Group. Overall group revenue rose to $1.01bn (2020: $814m). Although the figure still represents a 11.3% decrease from the $1.14 billion in 2019, the group remains hopeful that it …
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Kansspelautoriteit (KSA), the Netherlands Gambling Regulatory Authority, has sanctioned a ‘new round of action’ against websites promoting unlicensed operators deemed to be targeting Dutch consumers. The tougher monitoring of affiliate websites will be undertaken by KSA, as the regulator moves to officially launch the Netherlands regulated online gambling marketplace on 1 October under the mandate of the Kamer approved ‘Remote …
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England’s racecourses are preparing to reopen their doors to spectators next week, an event described as a ‘huge milestone’ by the Racecourse Association (RCA). Up to 4,000 racing fans will be able to reenter the racecourses as of 17 May, under the government’s official roadmap for the easing of the UK’s national lockdown. Further lifting of restrictions will take place …
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A new era for Italian gambling has started after Gamenet Group completed its €1.1 billion buyout of IGT Plc’s Lottomatica B2C subsidiaries. This morning, Gamenet and IGT disclosed that all final arrangements had been concluded in the sale of Lottomatica’s Scommesse (sports betting) and Videolot Rete gaming machine units. Finalising its acquisition, Gamenet has confirmed that it will now operate …
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Pretty Technical will accelerate the development of its core products after completing the first round of external investment. The investment, which comes from a ‘small group of private investors’ with experience in the finance and gaming sectors, will also enable Pretty Technical to promote its existing products and services across new markets. Commenting on the investment, Pretty Technical’s CEO Andre …
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