Allwyn International has entered into a ‘definitive agreement’ to acquire a 51% stake in Novibet, a strategic investment aimed at expanding its iGaming presence and capabilities across multiple markets in Europe and South America. Announced this morning (30 December), Allwyn has proposed a €217m cash consideration, combined with €110m in future performance earnouts put to the investors of Logflex MT …
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Allwyn International balances UK adjustments as IWG deal is completed
Allwyn International has underscored its competence in executing strategic directives to continue the transformation of its global lottery operations and offerings. Posting its Q2 2024 unaudited results, the lottery conglomerate accumulated revenues of €2.15bn, up 5% on 2023 comparatives of €2bn. Group accounts continue to stabilise with Allwyn UK beginning its operation of the National Lottery licence from 1 February …
Read More »IWG lands three-year instant win deal for Loterie Nationale
Instant Win Gaming (IWG) will drive the next phase of online lottery growth in Belgium through an extension of its partnership with International Game Technology (IGT). Loterie Nationale, the country’s National Lottery, has handed IWG a three-year contract to deliver its instant win content following a competitive procurement process. The supplier will, therefore, be integrating its own Progressive Play Remote …
Read More »Efficiency in spend leads Nektan commercial momentum
London AIM-listed B2B mobile gaming solutions provider Nektan Plc has detailed strong corporate growth for its Q2 2018 trading update (three-month period ending 31 December). Updating investors, Nektan would record net gaming revenues of £4.7 million up 42% on corresponding Q2 2017’s £3.3 million. During the trading period, Nektan governance informs that it has prioritized on developing player quality, whilst …
Read More »Three way partnership results in Atlantic Lottery relaunch
A new three way partnership between IWG, Scientific Games and Atlantic Lottery, is to result in a relaunch of the Canadian Lottery’s entire online instant win offering. Scientific Games is set to provide an omni channel gaming system, which is to integrate with the IWG Progressive Play Remote Gaming Server (RGS), giving users access to both IWG and third party …
Read More »Tom Mitchell – RISQ – “Power is nothing without the right controls”
Following a year of growth, SBC catches up with Tom Mitchell, B2B Director of London-based tech firm RISQ. Bringing new insurance/risk products to market, RISQ’s commercial team has announced a number of new Tier1 partnerships. SBC gets the full lowdown from Mitchell… ______________________ SBC: Can you begin by introducing RISQ as a company and describing what it is you do? Tom …
Read More »IWG rolls out instant win titles across 888’s bingo network
Instant Win Gaming (IWG) has agreed a deal to deliver its popular blockbuster titles Slingo and Cashbuster to 888 Bingo. This is the first major operator deal for IWG since Leon Thomas joined the company from Rank Group subsidiary Mecca Digital, where he served as Chief Operating Officer (COO). Working out of IWG’s London base as Chief Commercial Officer (CCO), …
Read More »Instant Win Gaming (IWG) appoints Leon Thomas as Commercial lead
Industry specialist instant win games provider Instant Win Gaming (IWG) has confirmed the appointment of Leon Thomas as its new Chief Commercial Officer (CCO). Thomas joins IWG from Rank Group subsidiary Mecca Digital where he served as Chief Operating Officer (2016-2017). Updating the market, IWG management stated that it had strengthened its executive team by adding Thomas, an industry commercial …
Read More »IWG to service Mecca instant win games suite
Rank Group bingo subsidiary Mecca has moved to strengthen its online games portfolio by confirming a partnership with IWG, a specialist developer of instant win games content. Agreeing on partnership terms, IWG will exclusively service Mecca’s entire online instant win suite, with popular titles including Slingo and Cashbuster. Instant win specialist IWG has provided a full online instant win service …
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