Corfai Capital has strengthened its profile in igaming M&A by recruiting media figurehead, Fintan Costello as partner of its advisory. Costello joins the London-based M&A broker, as Corfai announced its key role as the “sell-side advisor to Meneer Casino in its acquisition by Game Lounge.” Meneer Casino is a Dutch-language casino review portal acquired by Malta-based media group Game Lounge. This acquisition …
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The SBC Summit in Lisbon will place a spotlight on evolving leadership dynamics as iGaming becomes increasingly regulated and exposed to global audiences. Accepting forthcoming changes, Rosi Bremec, Chief Operating Officer (COO) at Game Lounge, underscores the value of leadership autonomy in responding to localized challenges, as iGaming incumbents can no longer rely on conservative, ‘one-size-fits-all’ strategies. _________________________________________ SBC: Hi …
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Venturing into the realms of AI and SEO, Victoria Buttiġieġ, Head of Content Strategy at Game Lounge, shares her insights ahead of the upcoming CasinoBeats Summit. Victoria takes us on a journey through her experience working in the content department, covering everything from harnessing AI’s potential to optimise content creation and managing its challenges to navigating the evolving landscape of …
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Finixio has announced the appointment of Sacha Kinser to the new position of Head of Gambling Content, overseeing editorial disciplines across its sports betting and igaming media network. An expert in SEO and brand building, Kinser joins Finixio from Game Lounge, where she most recently served as Head of Content for the Malta-based affiliate marketing network. Finixio confirmed that Kinser …
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Scandinavian affiliate group Cherry AB has described its Q2 2018 period as being “characterised by expansion and investment”. The statement, made by Cherry’s Acting President and CEO Gunnar Lind, came as the Stockholm-listed online gambling group recorded a revenue increase of 41% (SEK 753 million, up from SEK 536 million), an EBITDA increase of 78% (SEK 165 million, up from …
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Game Lounge the marketing and player acquisition arm of Stockholm-listed Cherry AB has acquired international ‘search’ agency TodaysWeb for a total consideration of SEK 14 million (€1.4 million). Confirming the acquisition, Game Lounge details that it will move to incorporate TodaysWeb’s search-engine-optimisation (SEO) tools, services and content portfolio of 1,500 websites. Updating the market, Jonas Cederholm, CEO of Game Lounge, details; “The …
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Closing its full-year 2017 accounts, Stockholm-listed online gambling group Cherry AB reports solid growth, despite its operational restructure to acquired asset ComeOn. Publishing its full-year 2017 results, Cherry records a group revenue increase of 104% to SEK 2,252 million (FY 2016: SEK 1,102 million), with organic assets contributing 27% of revenue share. A strong revenue performance would see Cherry declare …
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Cherry AB affiliate marketing subsidiary unit Game Lounge has confirmed the acquisition of Slottracker Solutions (Slottracker.com) for a total consideration of €1 million. Slottracker.com is a software that allows online casino players to better monitor their playing habits, tracking gameplay information with regards to slot spins, wagers staked and games played. Game Lounge management has agreed to purchase the Slottracker …
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Swedish gaming company Cherry has increased its stake in affiliate firm Gaming Lounge, taking its total holding to 95%. Three years after its wholly owned subsidiary, Cherry Malta Ltd, acquired 51% of the shares in the company, the gaming group has resolved to take onboard a further 44% that will be financed through a combination of cash and a new …
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Updating the market, industry affiliate Gambling.com Group has informed that former Cherry AB Chief Executive Fredrik Burvall has joined its board of governance as the company undertakes an aggressive M&A led future growth strategy. A seasoned industry executive, Burvall has held a number of executive positions at Cherry AB, guiding the company through a series of successful growth initiatives. …
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