Tag Archives: finland

London AIM-listed industry affiliate marketing firm XLMedia has confirmed that it has raised approximately £31.7 million through its latest ordinary shares placement. Issuing a market statement on Tuesday 16 January, XLMedia governance detailed that it would place up to 16 million ordinary shares, representing circa 7.8% of the firm’s equity for sale to institutional investors. This morning, XLMedia confirmed that it …

Gambling.com has revealed the latest arm of its global expansion, with the release of a localised version of its site in the United States. The group has detailed that this is the first step of its plan to take market share in the growing, regulated US online gambling market. Kevin McCrystle, Chief Operating Officer for Gambling.com Group, said “Gambling.com USA is …

Sami Helenius, a former National Hockey League (NHL) player, has walked away from Kasino Curt, his casino affiliate business, just weeks after announcing its launch. Targeting Swedish casino enthusiasts, Helenius was to run the site from his native Finland, however he has decided to quit after receiving police contact. In the Scandinavian nation gambling operations are run by Fintoto, Veikkaus …

Åland Island-based gambling operator Paf has confirmed the appointment of Daniela Johansson to the position of Deputy Chief Executive. Focusing on corporate development and social responsibility, Paf governance promotes the fifteen-year company veteran Johansson to the position of deputy leader, supporting Group Chief Executive Christer Fahlstedt. Johansson has most recently served as Paf Chief Responsibility Officer (CRO: 2014-2017), leading the …

Seeking to boost its licensing provisions, Finnish platform and white-label industry solutions supplier Finnplay has confirmed that it has gained a software operating licence from the UK Gambling Commission (UKGC). Updating the market, Finnplay management detailed that it had added UK betting industry software supplier certification to its existing UKGC ‘pool betting’ licence, thus being able to better service the …

Recently enlarged Finnish state-owned betting operator Veikkaus has selected Kiron Interactive to be its lead virtual sports content provider. Updating the market, Kiron Interactive detailed that it would initially supply 17 virtual sports games to Veikkaus retail network. The games inventory will include popular Nordic content Hockey Shots and Speed Skating. Kiron was chosen by the government-owned Veikkaus, which has an …

Updating the market, international betting integrity body ESSA reported 27 cases of suspicious betting to the relevant authorities during the first quarter (Q1) of 2017. The sport of tennis accounted for 45% of those alerts with 12 cases; the sport has now had the highest number of alerts in the last nine consecutive quarters. The remaining 55% of cases were split …

Finnish state-owned gambling operator Paf has announced that it will donate approximately €20 million to national charities and social initiatives, following its full-year 2016 financial update. A year of corporate restructuring, which saw Paf appoint former Tain Networks Executive Per Sahlberg as its new CEO. Paf would report flat-line corporate revenues of €113 million (FY 2015: €110 million). Nevertheless, Paf …

Industry affiliate marketing and player acquisition specialist RakeTech Group (RakeTech) has confirmed that its undertaken two corporate acquisitions, purchasing sports betting platform provider BetXpert and affiliate network Turtle Gaming. Confirming its ‘undisclosed sum’ purchases, RakeTech management detailed that it had acquired BetXpert for its ‘high-quality’ sports content, online betting competencies and live score/data capabilities. The acquisition of Turtle Gaming, sees …

Declaring an ‘igaming industry first’, FTSE-listed gambling technology and platform supplier Playtech Plc has confirmed the launch of a ‘cross-border’ poker network in partnership with state-owned operators Veikkaus (Finland) and win2day (Austria). Launching the co-shared network which is powered by iPoker software, Playtech details that this is first time ‘two regulated entities have joined forces to share cross-border poker liquidity …