Technology

The latest technology news for the gambling industry, sponsored by Finnplay

Playtech selects GBG as ID network verification partner

SBC News Playtech selects GBG as ID network verification partner

Security and ID provisions software provider GBG has confirmed that it has secured global ID verification partnership with igaming technology supplier Playtech. GBG will service Playtech’s licensee network with customer ID verification and security technology through its IMS platform. The provisions will be offered throughout Playtech’s diverse product range, including its recently incorporated financial trading services division. The ID software …

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Crown Resorts enters Social Gambling space with $27.5 million DGN Games acquisition

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 …

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Playtech merges poker rake values following introduction of its SBR system

SBC News Playtech merges poker rake values following introduction of its SBR system

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 …

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NetPlay TV bolsters marketing & development capabilities with Otherside Inc acquisition

SBC News NetPlay TV bolsters marketing & development capabilities with Otherside Inc acquisition

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 …

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Optimal finalises Skrill Group €1.1 billion takeover

SBC News Optimal finalises Skrill Group €1.1 billion takeover

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 …

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EveryMatrix gains ISO 27001 ecurity certification

SBC News EveryMatrix gains ISO 27001 ecurity certification

iGaming software and platform provider EveryMatrix has confirmed that it has achieved the ISO/IEC 27001 standard on Information Security Management. The ISO/IEC is the best-known standard that provides requirements for an information security management system. The certification is a recognition of the company’s efforts for data protection and represents a commitment to its partners and clients that can be reassured …

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Kambi posts H1 2015 profits aided by client portfolio growth

SBC News Kambi posts H1 2015 profits aided by client portfolio growth

Reporting on its Q2 2015 performance, Stockholm Nasdaq listed sports betting technology provider Kambi Group has recorded corporate revenue growth of €10.7 million, representing a 13% increase on Q2 2014 €9.5 million. Kambi management would report that its operations had maintained a 7% margin during the period, which contributed to €800,000 in operating profit. The technology provider would record a …

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UK FCA approves Optimal Payments takeover of Skrill

SBC News UK FCA approves Optimal Payments takeover of Skrill

Following a review of its $1.2 billion (£815 million) takeover of online payment provider Skrill Group, the UK Financial Conduct Authority (FCA) has approved Optimal Payments PLC (LSE) acquisition bid. Informing the market Optimal Payments governance stated that it would proceed with its full integration of Skrill Group operations, with a view to complete its takeover by 10 August. Issuing a …

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Callcredit promotes Tierney to MD of Credit Solutions division

SBC News Callcredit promotes Tierney to MD of Credit Solutions division

Callcredit Information Group has announced the appointment of Eamonn Tierney to the role of Managing Director of its Credit Solutions division. The Managing Director role is the latest appointment to the executive team as the company drives its strategic priority to double revenue and profitability. Tierney’s core focus will be to ensure that Callcredit remains dedicated to its customers and …

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Nektan gains Irish licence

SBC News Nektan gains Irish licence

Nektan PLC, the international B2B mobile gaming platform and content provider, announces that it has successfully gained approval for a remote betting intermediary licence for the Irish market. This is in accordance with new regulations which will come into effect on 1 August 2015. David Gosen, Nektan’s Chief Executive Officer, said: “We are pleased that Nektan is among the very …

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