Kristoffer Ottosson will help Internet Vikings to extend its iGaming hosting capabilities, following his selection as the company’s new Head of Hosting Services. Ottosson joins Internet Vikings from Evolution (formerly NetEnt) where he served as the Director of IT & Infrastructure Engineering. Celebrating his new role, Ottosson said: ”Internet Vikings provides one of the best hosting solutions in the iGaming …
Read More »
Evolution Gaming has reported a 105% revenue increase in Q1 2021, driven by its acquisitions of NetEnt and Red Tiger Gaming, as well as expansion in global markets and continued high demand. Overall group revenue rose to €235.8 million during Q1, whilst the NetEnt takeover resulted in the total closure of the firm’s synergy project nine months earlier than anticipated …
Read More »
Evolution Gaming Group AB has entered into an agreement to acquire Big Time Gaming for a total cash bid of up to €450 million. Identified as a ‘thought leader in online slots,’ the acquisition of Big Time Gaming will enable Evolution to take advantage of popular titles such as Bonanza and Extra Chilli as well as the Game Mechanic Megaways, …
Read More »
International sports betting and casino operator SKS365 has strengthened its expansion plans both internationally and in Italy with the appointment of Lara Falzon as Group Chief Financial Officer. The firm, first registered in Austria and operating in Italy under the Planetwin365 brand, is currently going through a period of ‘intense growth’ both regionally in the Italian market and on an …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
SBC News Voice of the Sports Betting Industry