Malta & Curacao-licensed online bookmaker Pinnacle has expanded its corporate services launching its B2B ‘Pinnacle Solution’ sports betting platform technology. Pinnacle one of the industry’s oldest online bookmakers, seeks to leverage its in-house technology development capabilities combined with its market trading acumen to deliver an ‘unrivalled sportsbook service’ for its B2B customers. For its initial launch, the Pinnacle Solution will …
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Organic Mr Green confident of expectations following strong 2018 opening
Stockholm-listed online gambling group Mr Green & Co, has published its Q1 2018 trading update (period ending 31 March), detailing strong organic growth across its core metrics and KPIs. In its trading update, Mr Green records group-wide total revenues of SEK 381 million (€36 million) up 38% on corresponding Q1 2017’s SEK 276 million. The Stockholm enterprise details a period …
Read More »Kindred promotes Maris Bonello to Sustainability & Research lead
Expanding its social responsibility and safer gambling initiatives, Kindred Group Plc has confirmed the promotion of Maris Bonello to the newly created role of Head of Player Sustainability, Research & Integrity. Bonello the former Integrity Analytics lead for Unibet, will head up a data team working alongside Kindred’s legal and compliance teams, focusing on group-wide player-to-product sustainability standards. Furthermore, the …
Read More »Betsson hires Peter Zäll as Chief Strategy Officer with Swedish focus
Stockholm-listed online gambling group Betsson AB continues its executive management team restructure confirming the appointment of Peter Zäll as new Chief Strategy Officer (CSO). Zäll joins Betsson’s executive team from Swedish state-owned gambling operator Svenska Spel, where he served as Group VP of Product & Marketing (2012-2017). Updating the media, Betsson governance confirmed that Zäll’s appointment would initially prioritise the …
Read More »High Ambitions! LeoVegas sets its 2020 enterprise vision
The governance of Stockholm-listed online gambling group LeoVegas AB, has presented the firm’s 2020 enterprise vision of generating at least €600 million in group revenues, combined with a corporate EBITDA of €100 million. Updating investors and stakeholders, the operator sets its target following a transformative year, in which LeoVegas has significantly grown its ‘flagship organic brand’, whilst completing the acquisitions …
Read More »GiG sprints to Maltese Marathon headline sponsorship
Gaming Innovation Group (GiG) is embracing the island life of its new Maltese home, by becoming the main sponsor of the Malta Marathon. Taking over from previous incumbent Vodafone, the iGaming firm has signed an initial five year deal to partner with “one of the island’s largest annual sports events”. Robin Reed, GiG’s CEO and Founder, stated that he wanted …
Read More »Olympic Entertainment majority shareholders accept Novalpina’s €288 million buyout offer
Luxembourg-based private equity firm Novalpina Capital has put forward a bid to acquire Tallinn (Estonia) listed gambling firm Olympic Entertainment Group (OEG) outright. Issuing a market update, Novalpina details that it has placed a €1.90 per share offer for OEG’s enterprise through its investment vehicle Odyssey Europe AS. Offering a 3.3% premium on OEG’s ‘average exchange price’ for the past six …
Read More »mybet assess future options with Malta strategic investor
Issuing a short market update, Frankfurt Xetra-listed betting group mybet Holdings SE has revealed that it has entered exclusive negotiations with a ‘strategic investor’ concerning the firm’s future options and the potential creation of a new online joint venture. mybet has chosen not to reveal any details regarding the investor, but details that its potential business partner is a leading …
Read More »Betsson promotes Ronni Hartvig to Group CCO as company sharpens localisation strategy
Updating the market, Stockholm-listed online gambling group Betsson AB has confirmed the appointment of Ronni Hartvig as Chief Commercial Officer (CCO). Hartvig is promoted to the group-wide executive role, having most recently served as Managing Director of Betsson’s NordicBet property (2015-2017). A seasoned industry executive, Hartvig holds a deep understanding of industry operations; focusing on building sustainable player acquisition to …
Read More »Steve Wozniak the star at GiG’s anniversary event
A two day GiGsters Connect event, celebrating the fifth anniversary of online gambling firm Gaming Innovation Group (GiG), has concluded, with guests left wowed by its headline guest speaker. Steve Wozniak, Co-Founder of Apple Computer Inc and “legendary Silicon Valley tech wizard,” took to the stage to speak to a 1150 strong audience. Arriving into the InterContinental Arena in Malta …
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