Issuing a corporate update, European online gambling group Global Gaming 555 has confirmed that it plans to make an initial public offering (IPO) on the Scandinavian market the Stockholm Nasdaq First North Premier. As the latest industry incumbent to seek an IPO, Global Gaming 555 will initial place a new share issue of ‘no more than’ 1000,000 shares, targeting to …
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Updating the market, the governance of Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) has announced that it will sanction a private offering of $350 million senior secured notes due for reimbursement in 2025. SGC governance will use the net proceeds of its note offering, to fund its cash and debt $631 million outright acquisition of NYX Gaming Group …
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Nasdaq gambling technology supplier Scientific Games Corporation (SGC) has moved to significantly bolster its digital gambling operations by detailing that it has entered ‘a definitive agreement’ to acquire Toronto TSX-listed NYX Gaming Group, owner of leading sports betting supplier Openbet. Updating the market this afternoon, SGC governance has detailed that it will propose a CAD $2.40 per share offer to …
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Industry technology providers’ IGT Group and Scientific Games have informed the market that they have signed a ‘landmark patent cross-licensing agreement’. Updating stakeholders, IGT and Scientific Games detail that moving forward each company will have access to each other’s slot portfolio for the North American market. Fierce rivals within the land-based gambling systems and lottery terminals sectors, it appears that …
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US Nasdaq-listed casino games developer Galaxy Gaming has confirmed the promotion of Todd P Cravens to Chief Executive Officer (CEO), taking over leadership of the firm from Robert Saucier. Cravens is promoted to CEO, having most recently served as President of Business Development for the Las Vegas based games developer. A seasoned US gambling industry executive, Cravens has held senior …
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Issuing a market update, Nasdaq-listed industry technology provider Scientific Games Corporation has moved to expand its mobile gaming proficiencies by acquiring UK independent mobile games and app developer Red7Mobile. Confirming its outright acquisition of the Bristol-based industry games developer, Scientific Games chose not to disclose details regarding its deal. However, Scientific Games detailed to its stakeholders that it would gain …
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Updating the market, Nordic Nasdaq-listed industry platform and software provider Kambi Group Plc has confirmed that it has secured full services betting provisions contract with Colombian gambling group Corredor Empresarial SA. The partnership will see Kambi become the exclusive platform provider for Corredor’s new online gambling brand BetPlay, servicing the asset with sports betting and casino provisions. Furthermore, Kambi will …
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Issuing a short market update, Malta and Tel Aviv based industry white label and turnkey platform services provider Aspire Global has detailed that it has begun to seek a public offering listing on Stockholm’s First North Premier market. The news of Aspire Global seeking a Stockholm IPO, follows this month’s announcement that the company has appointed former Cherry Gaming CEO …
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Nordic Nasdaq-listed European online gambling group Mr Green & Co (Mr Green) has announced the relaunch of its female player focused online casino brand Garbo – Garbo.com. Named after iconic Swedish-American film actress Greta Garbo, Garbo.com formed part of Mr Green acquisitions undertaken in 2014. However, the female-focused brand was put on hold as Mr Green management expanded its flagship properties. …
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Updating the market, Live Casino focused operator Codeta (Codeta.com) has confirmed that it has secured its second major round of venture funding, gaining an investment of €2.3 million (£2 million). Codeta management informs that the funding capital will be used to strengthen its internal resources and roll-out new marketing campaigns within key operational markets. The company detailed that half of …
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