Industry omni-channel software and systems provider NSoft begins 2019 in strong form, securing two new Eastern European managed-trading-services (MTS) betting contracts with CloverBet Romania and Orion Tip Slovakia. Announced this week, NSoft will power CloverBet Romania’s retail network of 50 betting shops with its comprehensive in-play MTS sportsbook solution, delivering over 25,000 live events per month across 20 sports. Commenting …
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Slovakia outlines major gambling changes inbound for 2019
The government of Slovakia will move to revamp its national gambling code in 2019, liberalising its market to foreign investment and new incumbents. This week, Slovakia’s Národná (national council) approved multiple provisions of the Ministry of Finance’s legislative policy review of national gambling laws, first presented in May 2018. Awaiting President Andrej Kiska’s to approve the mandate, Slovakia expects to open …
Read More »Playtech leads Fortuna upgrade, as betting group ups profile in new markets
FTSE gambling technology group Playtech Plc has confirmed that it will expand and upgrade its existing lead supplier relationship with Central and Eastern European (CEE) betting group Fortuna Entertainment Group. Updating the market, Playtech announces that Fortuna has approved the roll-out of its ‘IMS – player management platform’ to be integrated across its properties operating in the markets of …
Read More »Revamped website to support Golden Race’s global growth
Golden Race has backed up a recent bid for global growth, which has seen it gain both a UK supplier licence and associate membership to NASPL in North America, by launching a new website to provide clearer information for prospective customers, partners and media organisations across target territories. Having made its name through a popular range of products across emerging …
Read More »Olympic Entertainment majority shareholders accept Novalpina’s €288 million buyout offer
Luxembourg-based private equity firm Novalpina Capital has put forward a bid to acquire Tallinn (Estonia) listed gambling firm Olympic Entertainment Group (OEG) outright. Issuing a market update, Novalpina details that it has placed a €1.90 per share offer for OEG’s enterprise through its investment vehicle Odyssey Europe AS. Offering a 3.3% premium on OEG’s ‘average exchange price’ for the past six …
Read More »Olympic Entertainment books major Neon upgrade with Playtech IGS
FTSE-listed gambling technology supplier Playtech Plc has confirmed that it has expanded its lead systems supplier partnership with Olympic Entertainment Group (OEG), Eastern Europe’s largest gambling operator. Securing a long-term partnership, OEG governance has selected Playtech’s Neon casino management system to deliver on ‘connecting more than 100 casinos in five countries, covering approximately 3,500 electronic gaming machines combined with 150 …
Read More »Authentic Gaming opens Slovakia client support & integration office
Seeking to expand its European commercial capabilities, industry live HD casino games supplier Authentic Gaming has announced the opening of its new state-of-the-art office in Slovakia. The firm’s Slovakian division will act as an operational support for its Malta commercial unit providing the key functions of data provisions and back office development. Furthermore, the office will host a dedicated client …
Read More »IGT secures gaming systems extension with SYNOT Group
Updating the market, gambling and lottery technology firm IGT Group (IGT) has confirmed that it has secured an 8-year extension to its lead systems supplier arrangement with Czech Republic gambling operator SYNOT Group. Confirming the contract extension, IGT will continue to be the main supplier of gaming systems for SYNOT gambling operations in the operator’s key markets of the Czech …
Read More »Niké prepares for new liberalised market with Gaming Innovation Group as platform provider
Furthering its presence within Eastern European betting markets, Oslo-listed Gaming Innovation Group (GIG) has confirmed that it has entered a platform services partnership with Niké, Slovakia’s largest betting operator. Niké who at present operator over 900 betting points in Slovakia, will integrate GIG’s iGaming Cloud (iGC) platform as the gambling operator prepares for a new regulatory framework for igaming and …
Read More »Fortuna Entertainment reverses 2015 declines posting strong H1 2016
Updating the market on its H1 2016 interim results (unaudited period ending 30 June), Eastern European gambling operator Fortuna Entertainment Group (Fortuna) has revealed improved corporate results throughout its core metrics. Following a tough FY 2015, in which Fortuna financial performance was impacted by increased tax charges in its markets of Poland, the Czech Republic and Slovakia, the company was …
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