US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …
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London-based video virtual sports specialist Highlight Games has agreed to supply its virtual sports products to Microgame S.p.A after securing a new partnership with the Italian platform provider. The agreement will see Highlight Games offer its Soccerbet product featuring Italian and English games in league and single match formats, as well as the NBA Last 60 across Microgame’s retail, online …
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Gambling group GVC Holdings expects its full-year results to show an ‘excellent’ operational and financial performance throughout 2019, as stated in the operator group’s post close trading update for the year to 31 December 2019. GVC reported that growth in its online division has led the way for what it believes to be a ‘successful 2020’. It revealed that net gaming revenue ‘remains strong’ …
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FTSE gambling group GVC Holdings has confirmed that it has migrated all Italian divisions to a new Rome office, which will house around 360 staff of its Eurobet, bwin and Gioco Digitale Italia properties. Located in the Lungotevere district near Rome’s city centre, GVC completed its Italian HQ relocation last week, opening a new six-floor (approx. 4,200 sqm) office which will …
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Kiron Interactive, a specialist provider of virtual games has confirmed that it will enter the regulated Spanish online gambling marketplace, securing a partnership with R.Franco’s flagship digital property Wanabet. Updating the media, Kiron informs that its ‘BetMan RGS’ platform will be integrated within Wanabet’s sportsbook offering, deploying its full inventory of VS content including football, horseracing and greyhound content, as well …
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Italy’s customs and monopolies agency – ADM, the governing body overseeing Italian gambling laws is reported to have finalised its long-awaited online gambling licensing procedure. Having revised Italy’s online gambling laws to include tougher AML protections and customer requirements on registration, the ADM has settled on sanctioning 67 new online gambling concessions. As communicated last February, the ADM has renewed …
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Industry virtual games supplier Kiron Interactive has in partnership with Highlight Games launched Highlight’s unique virtual video football game ‘SOCCERBET’™ with Italian legacy bookmaker Eurobet. Eurobet becomes the first European incumbent to launch a SOCCERBET virtual sports game developed by Kiron in partnership with gaming ‘real-time’ development studio Highlight Games, featuring exclusive Serie A achieve footage and simulations. Updating the market, Kiron details that …
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Fast growth industry games developer Pragmatic Play has moved to strengthen its Virtual Sports capabilities and content by confirming the outright acquisition of VSoftCo Group. The undisclosed sum deal sees Pragmatic Play announces its second corporate acquisition, having taken control of live casino provider ‘Extreme Live Gaming’ in 2018 from Novomatic Group. Updating the market, Pragmatic Play executive Yossi Barzely, …
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The new Serie A season kicked off on 18 August, with Italian football clubs securing a reported €125 million in lead shirt sponsorship revenues. According to data collected by Italian sports business news source SportEconomy’s ‘football shirt sponsor index’, Serie A football clubs continue to grow their lead partnerships, which have grown year-on-year since 2015, when combined Serie A sponsorships …
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Multinational sports betting and gaming group GVC Holdings has anticipated that the slashing of FOBT maximum stakes from £100 to £2 will see the firm’s Group EBITDA fall by £160 million by the end of 2019. Disclosing the news in its trading update for the first 20 weeks of the year, GVC also expects a drop of £120 million in …
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