Stockholm-listed Betsson AB has confirmed that it has completed its £26 million acquisition of UK interactive gaming operator NetPlay TV (deal first announced on 2 February). Updating the market, Betsson governance informed that its offer had passed all conditions of the UK High Court of Justice, allowing for the firm to complete its transaction. Prior to High Court approval, Betsson …
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Ahead of this week’s Vienna International Gaming Expo 2017 (VIGE – 20-22 March) BtoBet CEO Kostandina Zafirovska has stated that true industry omni-channel innovation will be driven by new Artificial Intelligence (AI) capabilities. This year, Malta-based industry platform and software provider BtoBet has challenged industry standards and perspectives with regards to innovation and new technologies. Last February, the firm presented …
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Oslo-listed Gaming Innovation Group (GIG) continues its M&A focused growth strategy and industry affiliate marketing services expansion by confirming the acquisition of Casinotopsonline.com for a total consideration of €11.5 million. Updating the market, GIG governance detailed that its takeover of Casinotopsonline.com and its related assets represented industry marketing subsidiary Innovation Labs biggest acquisition to date. On completing the deal, GIG …
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B2B fantasy sports platform provider Oulala Games (Oulala.com) has been awarded the first ever Malta Gaming Authority (MGA) ‘B2B Skill Games Licence’. Updating stakeholders, Oulala management stated that the MGA B2B approval represented an ‘important corporate milestone’, as the company had set-up a founders’ goal to be ‘regulated separately from other iGaming activities’. To date, Oulala UK market initiatives have been …
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Stockholm-listed European sports betting operator Betsson AB has announced the launch of its third student training program ’The Betsson Academy 2017’ seeking to find fresh future talent for its operations. Launching its intensive ‘12-week internship program’ for 2017, Betsson AB management is seeking to fill 13 full-time future positions within its new Malta headquarters, which currently employs over 1,000 employees from …
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Led by growth in its core markets of Estonia and Latvia, Eastern European gambling operator Olympic Entertainment Group (OEG) has reported full-year 2016 revenues (before tax) of €205 million (FY 2015: €177 million) Closing its FY 2016 corporate performance, OEG would declare net revenues of €161 million (FY 2015: €136 million), with its Estonian home market generating revenues of €45 …
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Malta-based industry full-service white label solutions supplier Platin Gaming has announced that sports and betting data specialist Betradar have certified seven core mechanisms of its sports betting system. Updating the market, Platin Gaming governance detailed that it had asked Betrader the industry’s leader in sports data provisions to review its white-label betting software, adding further reliability and authority for its B2B …
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Industry games and platform provider Yggdrasil has declared 2016 as its most successful year in business, with the company reporting a staggering 332% increase in corporate revenues to SEK 87 million (£7.7 million). Significantly strengthening its commercial pipeline, Yggdrasil has signed twenty new industry clients during the year (eleven of them in the UK market). The commercial boost would see …
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Malta gambling, police and sports stakeholders have asked for the government to review national sports integrity laws and policy, as existing legislation is no longer viable within a digital context. A sports anti-corruption task force consisting of Malta Football Association (MFA), Malta Police, the Attorney General and the Malta Gaming Association have presented a draft bill to the government seeking …
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Stockholm Nasdaq-listed Catena Media continues its affiliate marketing expansion by confirming that it has agreed to acquire Swedish online casino portal Slotsia.com for a maximum consideration of €5 million. Updating investors, Catena governance stated that the acquisition would boost the firm’s position as industry leader in Scandinavian player acquisition, furthering its services to Catena client operators. In its acquisition note, Catena …
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