Artificial intelligence (AI) and machine learning (ML) are often referenced in discussions about the future of the igaming industry. We spoke to Nicky Abela, Producer at Fast Track, to get a better understanding of the applications for this technology in player engagement and how the company is helping operators prepare for a future of machine learning-powered CRM. SBC: Can you …
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A flood of lawsuits could be on the horizon for German online gambling incumbents, as the High Court of Frankfurt supports a ruling that an online casino customer was entitled to reclaim losses. Brought to light by German weekly news magazine Spiegel, a gambler from the region of Hesse had made a claim against a ‘Malta-based operator ‘declaring that his …
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IGT Plc has moved to expand its B2B online casino offering, by securing definitive terms to acquire Malta-based online casino solutions provider iSoftBet. This afternoon, the board of IGT notified investors that it has agreed on a €160 million cash deal to acquire iSoftBet – undertaking an acquisition that will “more than double the IGT PlayDigital content library to approximately …
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Intralot SA has branded 2021 as a breakthrough year for its business, as the Athens-listed gambling technology group accomplished its structural reorganizational directive, that secured financial benefits beyond previous expectations. Publishing its full-year 2021 financial report, Intralot declared a group underlying EBITDA of €110 million up 67% on comparative FY2020’s results of €66 million. Group earnings were bolstered by a …
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The Malta Gaming Authority (MGA) is the ‘ideal platform’ for Pinnacle Solution’s ambitious growth plans as it looks to partner with more sportsbooks in more markets. That was a key message from Pinnacle Solution CEO Paris Smith. Speaking to SBC News, Smith explains how the sportsbook management software provider plans to stand out from the competition in Malta before giving …
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Domenico Mazzola, Commercial Director at Altenar offers us a closer look at the people and ideas which have contributed to the provider’s company culture, and how this has helped solidify its status as a ‘sports betting powerhouse’. Many people, businesses and the great minds behind the igaming industry will know the blue light of Altenar’s booths and the catchy, if …
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Soft2Bet has confirmed the appointment of Gilad Naim as new Chief Commercial Officer (CCO) of the igaming platform and operator software solutions provider. A seasoned commercial executive, Naim joins Soft2Bet’s senior leadership team from Nasdaq Nordic online gambling software developer Aspire Global, where he served as Director of Operations and in additional product-related leadership roles. Taking on the remit of …
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Catena Media Plc has underlined its long-term growth strategy and ongoing international expansion projects, as the Stockholm-listed affiliate publisher registers a full-year 2021 operating loss of €12.7 million. The firm’s FY2021 earnings performance was significantly impacted due to the impairment of previously acquired German and French sports media assets totalling €49 million. Headline metrics saw Catena register corporate revenues of …
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Novibet has surrendered its UK licence with immediate effect, after the betting and gaming firm officially informed customers that it would no longer be operational within the region. The Greek betting group entered the jurisdiction with licenses for real event betting and igaming, which includes poker, roulette, blackjack and other casino games, on November 1, 2014. Subsequently, a remote gambling software …
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Glitnor Group has accelerated its move into the lead generation space after acquiring KaFe Rocks Ltd for an undisclosed sum. The acquisition of the Malta-based iGaming affiliate, Glitnor said, will be a key factor in the long-term growth of the business. As part of the takeover, KaFe Rocks Co-founder Feda Mecan will join the Glitnor Board of Directors while CEO …
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