Tag Archives: netent

Evolution takes full control of NetEnt

Evolution takes full control of NetEnt

Evolution Gaming has taken its total shareholding in NetEnt to approximately 96.8% of the outstanding shares, following the expiry of its ‘extended acceptance period’ to buyout the Stockholm-listed casino games developer. Evolution’s acquisition of NetEnt had previously been given the green light from the UK’s Competition and Markets Authority (CMA), having also cleared the Malta Competition and Consumer Affairs Authority …

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CMA gives the green light to Evolution’s proposed NetEnt acquisition

Evolution’s acquisition of NetEnt has been given the green light from the UK’s Competition and Markets Authority (CMA) almost two months after an investigation was launched to analyse if the transaction would lessen the competition in the region’s igaming market. Launching its investigation in September, the competition watchdog announced that it would be launching an inquiry in response to merger …

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Buttigieg and Elliot to lead GVC’s customer care duties

GVC Holdings has strengthened its group customer care units by creating two new leadership roles to maintain direct oversight of customer responsibilities, safeguards and duties. Confirmed to SBC News, long-term Group AML Director Paul Buttigieg has been promoted to the new position of ‘Director of Player Protection’. GVC stated that Buttigieg would take on an ‘international remit’ to bolster leadership …

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Campeón Gaming Partners: The story behind the success

Campeón

It hasn’t been plain sailing for iGaming affiliates of late, yet Campeón Gaming Partners (CGP) has bucked the trend by recording growth in customer registration of 258.6% from the first half of 2018 to now, and passing €5 million in commission paid to affiliates across the same period. In conversation with SBC News, the company’s affiliates and partnerships manager Andreza …

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Evolution Gaming tables ‘game changing’ €1.8bn buyout of NetEnt 

The board of NetEnt AB has confirmed that it has accepted an SEK 19.6bn (€1.8bn) acquisition offer put forward by Evolution Gaming AB.  The offer, priced at SEK 79.93 (€7) per share, will see Evolution move to acquire 90% of NetEnt’s corporate shareholding. Evolution’s intended offer represents a premium of 43% on NetEnt’s closing SEK 56.10 share price on the …

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Swedish CEOs challenge ‘unrealistic demands’ against threat of igaming becoming obsolete

A consortium of Swedish online gambling companies have ‘unanimously contested’ the Ministry of Finance’s proposals to place further restrictions on online gambling licensees. In a joint statement issued by Swedish igaming trade body BOS, nine CEOs have called for the government to reconsider the ‘unrealistic proposals’, which are said to ‘play into the hands of the unlicensed market’. The statement …

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Swedish leaders warn Minister Shekarabi of channelisation consequences  

CEOs of Sweden’s leading igaming operators have warned health minister Ardalan Shekarabi not to ‘torpedo his own gambling regulations’, emphasising that further restrictions on the sector will result in an increase of punters betting via unlicensed operators. As health minister overseeing Sweden’s response to the coronavirus pandemic, Shekarabi has ordered Swedish parliament to adopt a series of temporary online gambling …

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SkillOnNet powers Royalbet’s Europe launch

BetShah

Royalbet has become the latest online casino brand to integrate SkillOnNet’s licensing and compliance protocols to launch to players in regulated markets around the world.  As a result, the new online casino has been able to offer over 3,000 slots and casino games to players in the UK, Sweden, Denmark and other jurisdictions across Europe that accept Malta-licensed brands.  A …

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UK makeover sees NetEnt open new Kings Cross offices

Stockholm-listed NetEnt AB has moved to accelerate its UK commercial development and growth strategy, confirming the establishment of it’s new ‘NetEnt UK Ltd’ subsidiary, which has been further supported with the opening of a new strategic office in London. Updating stakeholders, corporate governance confirms that NetEnt UK has established its offices located at the Stanley Building in London’s Kings Cross …

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BetConstruct powers Online Betting Ltd through ProgressPlay

BetShah

BetConstruct has powered the launch of Online Betting Ltd through white label gaming platform provider ProgressPlay. Online Betting Ltd is available now at https://onlinebetting.ltd.uk, while an iOS app is expected to launch before the end of 2019. Through BetConstruct, the new betting brand offers more than 55,000 pre-match events and 30,000+ live matches every month across 140 different sports. Online …

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