Tag Archives: malta

NetEnt posts 33% revenue surge driven by increased user interaction

Updating the market, Stockholm-listed NetEnt AB declared a strong opening performance to its 2016, with the games developer recording top-line growth on all core metrics. NetEnt would announce Q1 2016 revenues of SEK 345 million (£31 million) up 33% on 2015’s corresponding SEK 258 million. Detailing its revenue growth, NetEnt governance noted that 2016 had seen a substantial increase in …

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Mediatech Solutions launches SKS365 in Spain

Omni-channel gaming platform provider, Mediatech Solutions, has agreed a deal with SKS365 to launch the PlanetWin365 brand in Spain. The agreement has seen Mediatech integrate SKS365’s existing in-house pre-match and live betting sportsbook into the Mediatech platform. Working alongside SKS365, Mediatech has also ensured PlanetWin365 is tailored to the specific regulatory requirements of the Spanish market. PlanetWin365 also offers slots …

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LVbet.com goes live with Maltese licences

New online gambling brand LVbet.com has gone live after being issued operating licences by the Malta Gaming Authority (MGA). LVbet has signed deals with slot suppliers NetEnt, Microgaming, Wazdan and Thunderkick, meaning it can offer hits such as Starburst, Mega Moolah and Gonzo’s Quest. LVbet.com has also launched a customer loyalty programme that rewards players every time they play a slot. …

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Izibet partners with Sporty Tech for French horse racing

Maltese sports betting operator Izibet and Sporty-Tech, a French sports betting solutions provider, have entered into an agreement to enable the former to provide the Maltese betting community with access to the international common pool on French Horse Racing as provided by the PMU.   The French racing calendar (both French races and those abroad) will be open for betting throughout the Izibet …

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Carla Maree Vella – Optimizer Invest: Finding enterprise opportunity within sector consolidation

SBC begins the week by speaking to Carla Maree Vella, Chief Executive of Malta-based technology fund Optimizer Invest regarding new venture and enterprise opportunities within the igaming and betting sectors. Leading Optimizer Invest operations, a fund that has made numerous enterprise investments within the sector, Maree Vella details that even with tougher market conditions and further saturation, igaming and betting …

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iGame owners net €7.5 million Unibet earn-out!

Issuing a short statement, Stockholm-listed operator Unibet Plc has confirmed that it has paid out an initial €7.5 million (£5.9 million) to the former owners of iGame Group Ltd in accordance with its agreed August 2015 corporate acquisition terms. The €7.5 million earn-out relates to ‘first-stage’ performance benchmarks attached to Unibet’s €59 million buyout of iGame assets (acquisition completed in …

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Malta Gaming Authority selects Microsoft as licensing CRM partner

The Malta Gaming Authority (MGA) has signed a formal agreement with Microsoft Malta, which will see the technology developer create a customised ‘Customer Relationship Management’ (CRM) system, designed to ease licensing procedures. Creating a secure web portal, Microsoft will simplify the licensing process for all new Malta prospective operators. All MGA applicants will be able to follow in ‘real-time’ their …

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Pinnacle Sports acquires Pinnacle.com domain

IP/domain seller and database resource WhoIS has reported that Curacao and Malta licensed bookmaker Pinnacle Sports has acquired control of premium generic domain ‘Pinnacle.com’. The domain was acquired from Phoenix-based electronic components manufacturer Avnet EMG for an undisclosed sum. At present Pinnacle Sports governance has not confirmed the purchase or its strategic plan for the domain ‘Pinnacle.com’. However, the domain …

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Industry technology fund Optimizer Invest appoints Carla Maree Vella as CEO

Malta-based venture capital firm Optimizer Invest has confirmed the appointment of Carla Maree Vella as its new Chief Executive Officer. Vella joins the investment fund from Nasdaq Stockholm-listed European betting operator Betsson AB, where she served as Managing Director of the Betsson.com brand (2015-2016). As Optimizer Invest’s new CEO, Vella will play a key role in identifying new venture investments …

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