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Mobile

Leigh Nissim resigns as CEO of Nektan Plc

London AIM-listed mobile gambling specialist Nektan Plc has today confirmed the departure of Leigh Nissim as its Chief Executive Officer. Issuing a corporate update, Nektan governance detailed that Nissim will officially leave the business this coming August, with founder and Non-Executive Director Gary Shaw retaking the firm’s CEO position on an interim basis. Nissim a former IGT and GTECH executive ... Read More »

Paddy Power Betfair gains US DFS presence with $48 million acquisition of DRAFT mobile

In a move to expand its corporate footprint within the US market, FTSE100 betting firm Paddy Power Betfair (PPB) has confirmed that it has agreed to acquire US mobile-focused fantasy sports operator DRAFT for a deal valued at $48 million (£37 million). Entering the US DFS market, PPB will initially pay $19 million for all DRAFT related assets and resources, ... Read More »

Continued realignment strategy sees Nektan hit high notes for Q3 2017

London AIM-listed industry mobile B2B gaming solutions provider Nektan Plc has published its Q3 2017 trading update (period ending 31 March) reporting top-line growth across its core performance metrics. Updating investors, Nektan governance detailed the firm’s strengthened commercial pipeline which had seen the company sign and launch 13 new casino partners. Publishing its Q3 performance, Nektan would report total group ... Read More »

Scientific Games boosts social portfolio by acquiring ‘Bingo Showdown’ developer Spicerack Media

Updating the market, Nasdaq-listed Scientific Games Corporation (SGC) has moved to bolster its social gaming portfolio by acquiring mobile and social games development studio Spicerack Media (Spicerack). The undisclosed sum acquisition of Spicerack will see SGC acquire all related assets including popular social game title ‘Bingo Showdown’, which will be added to SGC current social casino games portfolio operated by ... Read More »

Habanero reports record month-on-month growth ahead of European expansion

A strengthened international commercial pipeline has helped industry slots and games developer Habanero achieve a ‘record breaking start’ to its 2017. Updating the market, Habanero management informs that its games portfolio is currently growing at a 15% average month-on-month increase. The firm’s growth in its game metrics has been assisted by new commercial partnerships. In Europe Habanero has secured new platform ... Read More »

Betcade returns to business having secured critical funding

Betcade the ‘real-money’ dedicated gaming/gambling app store has returned to business having gained critical investment from Vancouver-based private equity firm Columbia Ventures Corporations (CVC).  At the start of the year, Batcade management had issued a corporate statement informing industry stakeholders that the company had ceased its operations. At the time Betcade management did not disclose any specific reason as to ... Read More »

ITV launches Racing App featuring £100,000 William Hill predictor game

UK broadcaster ITV has announced the launch of its new ITV Racing app sponsored by William Hill. The app which is currently available on the Apple iTunes store will complement ITV Sports racing coverage and will feature a £100,000 predictor game. Seeking to support its new racing coverage for 2017, ITV has added video clips, results, racing news plus a ... Read More »

Strong commercial pipeline delivers full-year 2016 growth for NetEnt

Boosted by a strengthened commercial pipeline, Stockholm-listed industry content and games developer NetEnt has declared full-year 2016 corporate revenues of SEK 1.45 billion (£130 million).  Closing its full-year 2016 performance, NetEnt governance would declare a group operating profit of SEK 536 million (£48 million) up 33% on corresponding 2015’s SEK 402 million (£36 million). Detailing 2016 highlights, NetEnt governance stated ... Read More »

XLMedia seeks US & Asia mobile boost with $5 million Clicksmob acquisition

Updating the market, London AIM-listed industry marketing specialist XLMedia Plc continues its strategic M&A activity by confirming that it has agreed to acquire mobile marketing platform Clicksmob Inc for $5 million. The ‘all-cash’ deal will see XLMedia purchase Clicksmob assets and IPs outright, as the company seeks to boost its mobile player acquisition services. Issuing a purchase note, XLMedia governance ... Read More »

Nektan appoints Patrick Sinclair as new CFO

London AIM-listed mobile gambling specialist Nektan Plc has confirmed the appointment of Patrick Sinclair as its new Chief Financial Officer (CFO) with immediate effect. Sinclair joins Nektan from international property developer Sweett Group Plc, where he served as CFO and in further senior management roles for the developer between 2012-2016. In addition to overseeing Nektan’s day-to-day financial operations, Sinclair has ... Read More »