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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Pinnacle Solution: The MGA licence is the ideal platform for our growth plans
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 …
Read More »Getting closer to Altenar: the many faces of the sports betting provider
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 …
Read More »Soft2Bet appoints ‘product expert’ Gilad Naim as CCO
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 …
Read More »Catena looks West as Euro impairments stunt 2021 growth
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 …
Read More »Novibet exits UK marketplace surrendering UKGC licence
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 …
Read More »Glitnor Group accelerates growth with KaFe Rocks acquisition
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 …
Read More »GiG and Betsson agree three-year partnership extension
Gaming Innovation Group Inc (GiG), the Malta-based igaming tech firm, has extended its long-term agreement with online gaming outfit Betsson Group for the provision of platform and managed services. These include customer service and full business operations across multiple territories. In a statement, GiG confirmed that the contract extension will run for an additional three years, taking the term of …
Read More »Xace recruits Julian Buhagiar as corporate advisor ahead of 2022 venture expansion
Player banking solutions provider Xace has confirmed that renowned igaming and fintech investor Julian Buhagiar has joined its business as a non-executive director. Buhagiar, the co-founder of igaming M&A advisory RB Capital, will provide Xace’s executive leadership team with oversight on venture funding and strategic planning as Xace moves to aggressively expand its business services in 2022. Xace underscored Buhagiar …
Read More »Soft2Bet expands Nordic vision by securing Danish Spillemyndigheden licence
Soft2Bet has achieved a 2022 core business objective after being granted an online gambling licence by Spillemyndigheden, the Danish Gambling Authority. The new licence will enable Soft2Bet to provide its wide-ranging igaming service for the Danish market, covering sports betting, online bingo and a full range of online casino games including roulette, baccarat, punto banco, blackjack, poker and slots. The …
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