Tag Archives: eastern europe

Intralot recruits Michael Kogeler as Group COO

BetBright

Greek lottery and gaming systems provider Intralot has announced the appointment of Michael Kogeler as Group Chief Operating Officer, following an extensive international search process. Taking up his post next month, on May 2, Kogeler is set to be responsible for “business orchestration of its operations around the world,” more specifically dealing with the firm’s relationships with partners and customers, as …

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Stratagem launches partnership with Offsidegaming

London based, Stratagem Technologies (www.stratagem.co) has announced its new partnership with sports betting and casino solutions provider Offsidegaming. As part of the partnership, both companies will work together to build powerful predictive models to further automate Offsidegaming’s sports betting offering. Stratagem’s proprietary AI solutions, which have been in research and development for four years, work alongside customers’ qualitative analysts, providing …

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Fortuna Entertainment sees 47% profit fall in H1 2015

Eastern European gambling operator Fortuna Entertainment has recorded a 47% decline in net profits to €4.8 million (H1 2014 – €8.9 million). The operator had been negatively impacted by a steep decline in its group operating margins to 10.4% (H1-2014 18.5%) due to being hit by a set of unfavourable sports results in March. A tough opening six months of …

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Romanian online gambling framework seeks final Presidential approval

Romania’s Chamber of Deputies has approved the progression of the Country’s draft online gambling framework, as Romanian parliament looks to open up its market to international operators. The draft framework will now be sent to President Klaus Iohannis for final review and approval, once verified the framework and its policies could be introduced into Romanian law within the period of …

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Fortuna Entertainment holds back dividend pay-out ahead of digital push

The governance of Eastern European focused sports betting operator Fortuna Entertainment Group has announced that its will not pay any investor dividend in 2015. The news follows a Fortuna governance meeting held on 2 April which reviewed dividend policy and planed investments. Fortuna governance announced that its retained dividend earnings would be used to invest in the company’s growing digital …

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BetConstruct ready for Russian Gaming Week

Sports betting and gaming solutions provider BetConstruct will showcase its latest products at Russian Gaming Week – one of the most important annual events in the iGaming calendar. BetConstruct will demonstrate its sports betting platform, odds feed API, in-house live dealer technology and studio solution, online casino and slot games, skill games and online poker network in Moscow this week. …

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New push for greyhound racing in Eastern Europe

Satellite Information Services (SIS), provider of end-to-end products and services to the betting and broadcast industries, has joined with international operator INTRALOT to help promote greyhound racing to punters in Eastern Europe. The companies have a long-term relationship, with SIS supplying live and virtual dog racing which INTRALOT localises, distributes and operates in a range of territories. Retail operators from …

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