Tag Archives: malta

Updating the market, Stockholm-listed industry affiliate network Catena Media Plc has confirmed the successful placement of a new €150 million senior unsecured bond due for 2021. The update sees Catena governance expand its current corporate debt framework to €250 million ‘new bond loan’, with corporate interest payments reduced from 6.75 to 5.5%. Moving forward, Catena governance will refinance its existing €100 …

FTSE online gambling group GVC Holdings has confirmed that it will offload its ‘Headlong Limited’ Turkish business unit relinquishing any payment from the asset. GVC governance undertakes its decision in order to help secure its £4 billion takeover of Ladbrokes Coral Plc, which is currently being reviewed by the UK Competitions & Markets Authority (CMA), which has set a 21 February deadline …

Malta-based online casino operator Videoslots (Videoslots.com) has confirmed two senior appointments strengthening its day-to-day operations. Updating the market, Videoslots promotes William Ahlberg to the position of Head of Games, Ahlberg has risen through the operator’s wider gaming department over the past 18-months. Ahlberg will now be a key stakeholder for Videoslots games department, leading its community management, expanding existing supplier …

Stockholm-listed online gambling group LeoVegas AB has moved to expand its presence within the German market, confirming the acquisition of Malta-based firm World of Sportsbetting Ltd for €2.6 million. The strategic acquisition sees LeoVegas secure World of Sportsbetting assets which holds both a sports betting licence and casino licence in the German state of Schleswig-Holstein. Undertaking the transaction through its …

Despite recording a strong end-of-year, Stockholm-listed online gambling group Betsson AB has reported full-year 2017 declines in operating income and earnings, as governance moves to streamline company operations. Publishing its 2017 results, Betsson would record, improved Q4 2017 group revenues of SEK 1,25 billion boosted by favourable sporting results recorded during the Q4 trading period. However, Betsson has had to …

Stockholm-listed industry affiliate network Catena Media Plc enters 2018 full of confidence having produced yet another ‘record-breaking performance’for Q4 2017 (period ending 31 December). A strong finish to 2017 trading, saw Catena record Q4 corporate revenues Of €20 million, an increase of 63% on corresponding Q4 2016’s €12.3 million. Updating investors, Catena governance highlighted the firm’s ability to quickly refine …

Gamanza, a Malta based start up, has announced a new games aggregation platform, complete with gamification application and accompanying bonus engine, designed to enhance player lifetime values. Operators, who will have access to over 100 games, can use data from players activity on site and translate them to points, tokens or credits and levels of achievement, with each programme configurable …

Stockholm-listed European online gambling group Betsson AB has this morning informed that it will reduce its corporate headcount by approximately 160 employees as group governance seeks to ‘streamline the organisation’. Updating the market, Betsson has executed its organisational restructure across all group offices, as Betsson governance seeks to deliver annual corporate savings of SEK 50-60 million (€5-6 million). “In cooperation …

The government of Cyprus has submitted its restructured national gambling regulatory framework, to be reviewed by the European Commission (EC). Cyprus is seeking to modernise its national gambling framework, allowing for new regulations and licensing for both retail and digital betting services. Cyprus had first submitted its ‘Betting Law 2017’ proposal last June to the Commission. The EU had requested …

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Sweden: remote POC legislation – drafts or chess? The Swedish government has published a draft law to regulate gambling across channels, with an implementation date of 1 January 2019 (replacing the Lottery …