Tag Archives: Aspire Global

BtoBet reaches ‘landmark’ agreement with Russia’s Sports Lotteries LLC

BtoBet reaches ‘landmark’ agreement with Russia’s Sports Lotteries LLC

Aspire Global has signed a new ‘landmark’ platform and lottery agreement with Russian National Lottery’s operator Sports Lotteries LLC. Through the agreement, which expands Aspire Global’s presence in the Russian market, it will see newly-acquired BtoBet provide its Player Account Management (PAM) module platform to the Russian lottery operator. Tsachi Maimon, CEO of Aspire Global, said: “Aspire Global and BtoBet …

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BOSE Digital: Separating product from service for multi-jurisdictional success

It’s important to distinguish product from service, said Microgame’s Marco Castaldo, as a collection of CEOs for leading sports betting and gaming suppliers discussed the best way of working with operators on a multi-jurisdictional basis.  Speaking at Betting on Sports Europe – Digital in the ‘Market fragmentation – Supplier CEO Panel’, sponsored by Altenar, Castaldo was replying to an opening …

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Aspire completes ‘full service’ objectives as it finalises BtoBet acquisition   

Aspire Global has completed its acquisition of BtoBet in a transaction that sees Stockholm-listed technology group significantly amplify its igaming services and global commercial footprint.  Officially disclosed on 17 September, Aspire secured a formal agreement to acquire BtoBet’s sportsbook technologies and operating systems outright for a deal valued at €20 million. Deal terms have seen Aspire pay an upfront €15 million …

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Luckybet NG selects BtoBet’s Neuron 3 platform to lead systems overhaul

BtoBet has moved deeper into West Africa after announcing that it has become the lead omnichannel systems provider to Nigerian betting group Luckybet (Luckybet.ng).  The agreement follows an extensive review undertaken by Luckybet management as it seeks to find a technology supplier to power its fast-growth retail and online betting operations. The partnership will see Luckybet upgrade its entire systems …

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BtoBet and Aspire: Mixing emerging market strength with mature market clout

Aspire

BtoBet‘s acquisition by Aspire Global was an “ideal match” for both companies, who have found a mutual balance in each other to achieve their goals. That was the view of BtoBet founder Alessandro Fried, who explained that his company has gained a partner to quickly reach markets missing from its global footprint, while Aspire has filled an important gap for …

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Aspire builds Q1 momentum through regulated market focus

Aspire

Aspire Global said it is focusing more on locally regulated and taxed markets as it posted Q1 2020 revenues of €33.7m, up 1.5% from the same period of 2019. The company confirmed that EBITDA during the period had decreased by 14.2% to €5.2m (Q1 2019: €6.1m), while EBITDA margin for January to March was 15.5%, almost three percentage points down …

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Israel Tax Authority and Aspire Global reach €13.7m settlement

Gaming solutions supplier Aspire Global has stated that the firm has reached a retroactive €13.7m settlement with the Israeli Tax Authority. This regards a previously disclosed tax audit “related to management and control jurisdiction, permanent establishment and transfer pricing among the group entities”. The group says that “the resolution brings an end to all related investigations into the company,” with Aspire agreeing to …

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Aspire Global adds sportsbook vertical to Mr. Play

New online casino operator Mr. Play (Mrplay.com) has moved to diversify its product offering by launching a new sportsbook vertical serviced through industry platform provider Aspire Global. Updating the market, Aspire Global – which maintains 40% equity in Mr. Play – details that it will extend its existing platform arrangement with the online casino brand, adding a sportsbook vertical featuring …

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Spelinspektionen launches tender for new licensing verification partner

SafeEnt

Swedish gambling regulator, Spelinspektionen, has called for a new partner to help deliver a number of verification services on operators applying for licences across the newly regulated market. The new partner is hoped to collect information on a potential applicant’s business structure, company information and ownership structure, which will also cover company governance, as well as the applicant’s physical addresses. …

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Seven Up for Aspire Global through Irish sportsbook licence

Aspire

Aspire Global has seen its pool of sportsbook licences increase to seven, after being granted the necessary approval from the Irish sports betting authority. The new licence, which is likely to be complemented by an eighth in Sweden in early 2019, will increase Aspire’s share of revenues generated from regulated or soon-to-be regulated markets. The firm’s other licences are for …

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