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IGaming

Caesars Entertainment offloads Playtika to Chinese consortium for $4 billion

Embattled Caesars Entertainment Corporation (CEC) has agreed to sell its mobile and social gaming asset Playtika Studios to a multi-party Chinese consortium led by  Shi Yuzhu (Founder of Giant Interactive Group) in a $4.4 billion all-cash deal. Updating the market on Sunday, CEC governance stated that it had entered a ‘definitive agreement’ for the sale of Playtika a core part ... Read More »

BetConstruct Adds Spigo’s Games to Its Spring Platform

Casual casino games developer Spigo has announced a new partnership with platform provider BetConstruct.  All of Spigo’s games will now be available via BetConstruct’s casino platform. Players can enjoy the Spigo titles on mobile, tablet and desktop. Included in the games catalogue are Spigo’s in­-house slot machines and classic content such as Backgammon, Solitaire and Yatzy, as well as its newest ... Read More »

LeoVegas launches Felt’s table games

Mobile focused operator LeoVegas.com has added a full suite of proprietary table games from specialist supplier Felt. LeoVegas punters can now play table games that have proved to be the amongst the most popular and successful in the US and European land-based sectors over the last few years. These include Perfect Pairs, 21+3 and Lucky Lucky, three Poker games, and Felt’s unique ... Read More »

Lottoland appoints Elicia Bravo Garcia as Chief Strategy Officer

Online lottery broker Lottoland has confirmed the appointment of Elicia Bravo Garcia as its new Chief Strategy Officer (CSO). Bravo Garcia joins the Gibraltar-based lottery operator from leading multinational law firm Linklaters, where she served as a Managing Associate (2011- 2016) specialising in debt financing, securities, liability management and tender/bid procedures. Reporting directly to Lottoland governance, Bravo Garcia will develop ... Read More »

Intertain Group pushes for London Stock Exchange listing

Updating the market, Intertain Group governance has informed investors that it plans to list on the London Stock Exchange with a view to ‘enhance shareholder value’ by placing its operations closer to its core markets of the UK and Europe.   At present Intertain Group operator of European igaming brands; Jackpotjoy, Vera&John, Costa Bingo and InterCasino is listed on the ... Read More »

Scientific Games expands European services presence with Romania licence

Industry technology provider Scientific Games Corporation has expanded its European market presence by securing a Romanian online gambling licence for content and games services gained via subsidiary SG Interactive. SG Interactive becomes one of the few online gambling content providers to be gain an official services licence by Romanian gambling authority Official Național pentru Jocuri de Noroc (ONJN). The licence ... Read More »

Playtech secures content partnership with PokerStars

Playtech has secured a deal to supply PokerStars with a range of its popular slot titles. The deal extends the relationship between the two companies, as PokerStars is already served by Quickspin, the Swedish games developer acquired by Playtech for €50 million in May 2016. Amaya’s PokerStars brand has already launched slot titles ‘White King’, ‘Frankie Dettori’ and ‘Greta Blue’ ... Read More »

Microgaming gains exclusive rights to Tarzan name

Microgaming has signed a licensing agreement with Edgar Rice Burroughs Inc., brokered by Creative Licensing Corporation, which gives them exclusive rights to the Tarzan™ name for online slot games. The online slot will launch to operators later in the year on desktop and mobile. Tarzan will take centre stage, with Jane, Archimedes and a number of his jungle friends featured ... Read More »

Operational restructure sees Amaya make London staff cuts

Toronto-listed online gambling operator Amaya Inc has confirmed that it has made a number of redundancies to its London office as the operator looks to restructure its operations and reduce costs. Amaya’s staff cuts were confirmed last week by VP of Communications Eric Hollreiser to industry news source eGaming Review.   The company detailed that it was eliminating “dozens” of ... Read More »

Shi Yuzhu led consortium eyes Caesars Interactive acquisition

Bloomberg Technology has reported that a Chinese consortium led by tech billionaire Shi Yuzhu (Founder of Giant Interactive Group) is in talks to acquire Caesars Interactive from Caesars Entertainment Corp (CEC). The Yuzhu-led group has entered negotiations with CEC governance following an auction process with CEC targeting a $4 billion valuation for its asset. Undisclosed deal insiders have stated that ... Read More »