Following a series of departures from the firm’s Board, Kindred Group is reportedly accelerating plans for a potential sale of the company to a larger gambling conglomerate. Bloomberg reports that the Stockholm-listed 32Red and Unibet parent company is evaluating merger or sale options with Morgan Stanely, PJT Partners Inc and Canaccord Genuity Group. The business news outlet further asserts that …
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Online slots remain the dominant product in online casino, but despite a huge number of titles available to players, there are no guarantees that growth will follow, says Pavlos Sideris, director of Double Up Media. New products such as live casino and innovations such as Megaways have proved very popular with players in recent years, but the volumequantity of content …
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Evolution Gaming AB has cited a fantastic H1 trading period, in which it has achieved significant commercial, strategic and operating milestones. Publishing its 2022 interim trading results, Evolution registered operating revenues of €670m, up 36% on like-for-like 2021 results of €492m. Topline growth was primarily driven by its Live Casino unit which generated H1 revenues of €542m (H12021: €387m), attributed …
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SBC is excited to announce that the shortlists for this year’s SBC Awards 2022 ceremony, taking place as part of the SBC Summit Barcelona in September, have now been decided. The shortlists cap a successful year for Betsson Group, which leads the way with nine nominations, hoping to maintain the Casino Operator of the Year title and dethrone Bet365 in …
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The SBC Awards are moving to a new location and a new spot in the sports betting and igaming industry calendar, as the 2022 ceremony will take place in the magnificent setting of the Palau Nacional in Barcelona on 22 September. The switch from the customary December date in London will see the Awards staged on the final night of …
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Racetracks in the city and province of Buenos Aires will now be able to grant betting licences, following permission from regional regulatory authorities. A new update on the regulation of the province’s horse racing agencies from the Provincial Institute of Lotteries and Casinos (IPLyC) – the local regulator – and published in the provincial Official Gazette, confirmed the development. As …
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SBC has fired the starting gun on the race to crown the best betting and igaming operators, affiliates, and suppliers in the U.S. and Canada by declaring that nominations for the SBC Awards North America 2022 are open. The winners of the prestigious awards will be crowned in front of an audience of industry leaders at a lavish ceremony at …
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Evolution Gaming has surpassed the €1 bn mark in operating revenues recorded during 2021 – buoyed by record-breaking Q4 results that registered double/triple digit growth across all core trading metrics. Publishing its full-year 2021 financial results, the firm registered Q4 revenues of €300m, up 69% on corresponding 2020 results of €177m. Revenue growth was attributed to a ‘continued global demand …
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Gaming industry online marketing and operating company B90 Holdings will acquire the operations, domain and business IP of Entercreation Limited’s Spinbookie.com online sportsbook and casino. The total consideration for the transaction will initially consist of 8.6 million in new ordinary shares of nil par value in the capital of B90, with a further 8.6 million issued to Entercreation should the …
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Evolution has entered the newly regulated Buenos Aires online gambling market via operaotr BetWarrior , becoming the first and only live casino provider to launch on the jurisdiction’s opening day. The development will see Evolution enter two markets – the Buenos Aires Province and the Autonomous City of Buenos Aires, both of which maintain separate online casino sectors. Under the …
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