The i-Gaming Forum today returns to Stockholm, as industry delegates gather to discuss the latest factors, trends and regulatory impacts effecting the lucrative Scandinavian online betting markets. SBC caught up with i-Gaming Forum Programme Director Thomas Igou to discuss this year’s conference and overall sector developments. Igou details how i-Gaming Forum aims to showcase the diversity of individual Nordic betting …
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iGame owners net €7.5 million Unibet earn-out!
Issuing a short statement, Stockholm-listed operator Unibet Plc has confirmed that it has paid out an initial €7.5 million (£5.9 million) to the former owners of iGame Group Ltd in accordance with its agreed August 2015 corporate acquisition terms. The €7.5 million earn-out relates to ‘first-stage’ performance benchmarks attached to Unibet’s €59 million buyout of iGame assets (acquisition completed in …
Read More »Gaming Innovation Group targets Swedish growth with Magenti Media acquisition
Oslo-listed Gaming Innovation Group (GIG) continues its acquisition strategy confirming today that it has acquired Swedish-based affiliate marketing network Magenti Media. GIG is set to take control of Magenti’s industry portfolio which has ‘high-coverage’ positions targeting Swedish casino traffic. GIG governance further detailed that it would incorporate Magenti’s ‘highly experienced’ search engine optimisation team as part of its acquisition. Acquiring …
Read More »Russia’s Sergey Lazarev leads early Eurovision pack
Bookmakers have placed Russia’s Sergey Lazarev as early favourite to win Eurovision 2016 (Stockholm Globe Arena 14 May). Desperate for victory at the 61st edition of the Pan-European song contest, Russia announced Lazarev as its official Eurovision contestant last December. Since the announcement, the 32-year-old Muscovite has been touring Russia performing Eurovision entry ‘You Are the Only One’. The extensive …
Read More »Unibet creates new brand & website for Maria
Unibet has confirmed that it is to overhaul its European igaming subsidiary Maria.com (online casino and bingo) with the operator focusing on creating a seamless and personalised multi-device experience for the brands players. The overhaul will see Maria.com rebrand under Mariacasino.com, with a new website focusing on optimising player engagement and loyalty, the operator will look to launch its new product …
Read More »Leo Vegas selects Kambi as sports betting platform
Stockholm listed sports betting software supplier Kambi (Kambi Group), has been selected as proprietary betting platform for Malta igaming operator Leo Vegas. The agreement will see Leo Vegas, one of the fastest growing businesses in the igaming sector, enter the European sports betting market utilising Kambi betting provisions and software. Announcing the partnership today, Leo Vegas governance aims to increase …
Read More »Tabcorp and German Tote to pool totalisators
Germany’s totalisator is the latest to join Tabcorp’s multi-billion dollar wagering pools, following an agreement completed between Tabcorp and German Tote. German Tote is majority-owned by French wagering operator Pari Mutuel Urbain (PMU), while German racetracks (BGG Betriebsgesellschaft der Galopp-Rennvereine mbH) also have a minority stake. The deal will involve the German Tote taking all Australian thoroughbred and harness racing and co-mingling their …
Read More »Stan James chain in line for rebranding
Steve Fisher is facing up to the prospect of finding a new brand name for the Stan James chain of betting shops that he first set up in 1973, in a process that will cost a seven figure sum. As reported by Racing Post, the change has been forced by the Swedish operator Unibet’s purchase of the seperate Stan James …
Read More »Svenska Spel extends licence but monopoly position will be reviewed
Swedish gambling operator Svenska Spel has had its licence extended by the Swedish government until the end of 2018 The three year extension will see Svenska Spel continue provide the Swedish market with lottery, betting, casino, slots and poker provisions and services for both online and land based gaming. The licence has been extended despite mounting pressure from the European …
Read More »Cherry AB eyes 2016 Stockholm Nasdaq listing
The governance of European igaming operator Cherry AB has disclosed that it intends to apply for a full listing of its shares on the Stockholm Nasdaq by early 2016. The operator will seek to delist from Swedish development market the Aktie Torget, on which it has traded its stock since September 2006 for a full placement on the Stockholm Nasdaq. …
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