Cherry AB has acquired 49 percent of shares in ComeOn Malta Ltd (tranche 1) for a total consideration of Euro 80 million. The agreement provides an option for Cherry to acquire the remaining 51 percent (tranche 2) between October 1, 2016 to December 31, 2016 for a further amount maxed at Euro 200 million. The …
Mobile gaming firm LeoVegas has appointed Andreas Bardun to head up its recently launched Sportsbook. Prior to this appointment, Bardun served as Head of Sportsbook for Betsson’s NordicBet operation preceded by four years in other positions within the Group. He also spent around a decade with Expekt.com developing its US Sports division.
Games developer Spigo has released its latest HTML5 title, a match 3-type game “Diamonds”. “It is evident the match3 game type is a success, and Diamonds is a beautiful gem of a game that we think will take igaming by storm,” Kasper Kau,chief executive officer of Spigo said. “The accessibility and familiarity of the game …
Iforium launched NextGen Gaming’s recent release “Great Wild Elk” earlier this week. The game is a 5-reel, 10-payline title set in a magical forest inspired by Norse mythology. Reels randomly transform under the glow of the Elk’s Light feature, where rune symbols mysteriously transform, and may award up to 10 Free Games when The Great …
Malta-based games provider World Match will exclusively market Italian land-based slot provider Nazionale Elettronica titles following a recently signed agreement. The exclusive deal covers five popular titles Platino, II Pasticciere, Driver, Grande Joker and L’arca. World Match will develop the titles in HTML5 for omni-channel release retaining all the games’ original features. “We welcome this …
The UK-based but China-facing DJI Holdings online lottery and processing firm has made good on its plan to raise further capital, attracting an additional GBP 11.5 million in its third placing in three months. The company has previously revealed that it intends to use the new infusion to fund its move into China’s huge mobile …
Online sports betting platform provider FSB Technology has teamed up with IT solutions company Rackspace to introduce its own private cloud ahead of the new football season. FSB has begun supplying software solutions to larger operators who want to control their own data feeds and trading teams, and the deal with Rackspace will allow the …
The full details of Valve’s “cease and desist” warning to operators using its Steam subsidiary site to promote and carry on skins gambling (see previous reports) has now become available, and suggests that the crackdown applies to all gambling activity, including the popular skin betting site CSGO Lounge. The distribution list on the warning letter …
William Hill Australia has launched EachWay® in partnership with Emerchants Limited providing customers a reloadable winnings card solution. The card will provide customers additional flexibility in topping up their sports betting account using cash, credit card or eftpos along with access to their winnings in realtime through participating retailers across Australia. “We are excited that …
Yggdrasil Gaming has appointed Frida Gustafson as chief financial officer in a newly created role necessitated by the company’s rapid expansion. Gustafsson joins Yggdrasil after spending more than six years in a number of roles at NetEnt, most recently serving as finance manager for tax and new markets. She was previously an auditor for Deloitte …
As set out in the UK Gambling Commission’s (UKGC) most recent Annual Report, the authority has undertaken to focus its future attention on both emerging products and growing markets, specifically noting digital currencies, eSports and computer gaming, as these have scope to present issues for regulation and player protection. Issues under consideration range from the …
French gambling operator Pari Mutuel Urbain (PMU) has deployed a new partnership strategy with the inking of eight French club football and rugby sponsorship deals for the 2016/17 season. Football sponsorships comprise RCL Lens, FC Rennes, Stade Levallois and Racing Club Strasbourg and French Rugby clubs Toulon Rugby, Racing 92 Paris, Lyon Lou Rugby and …
BetConstruct partner Armenian sports betting and gaming company Vivaro/Vbet has been awarded a remote operating license from the UK Gambling Commission. “Over the past 2-years BetConstruct have been working non-stop making sure that it is at the heart of major regulated iGaming markets, and adhering to the very strict UKGC standards is testament to that. …
The reputation of eSports took another knock this week with the exposure of James “PhantomL0rd” Varga, a YouTuber and Twitch streamer with a combined audience of almost two million, as the undisclosed owner of a skin betting site. The site in question, CSGO Shuffle, was promoted by Varga in his Youtube and Twitch streams as …
Chinese media following the police investigation into the promotion of gambling on the Baidu ecommerce and web services network (see previous report) claim that the police were called in by the Cyberspace Administration of China following user complaints regarding the late night promotion of gambling websites. The company has explained in a statement that it …
Online gambling operator Gaming Innovation Group is moving its Malta headquarters to spacious new campus premises on the island and located at St George’s Bay in St. Julian’s. The new offices have been hired on an eight year lease and include 500sq. metres of terrace space, which will be used for outdoor workstations as well …
Chinese media reports Monday indicate that the giant Chinese search and web services corporate Baidu is assisting police who are investigating the promotion of gambling websites that have used fake business licenses. Allegations have been made that many online gambling sites have photo-shopped other companies’ business licenses in order to register for Baidu promotional services, …
The London-based independent games creator Project has signed up for games from the Swedish online gambling games developer NetEnt, which it will translate to the brick and mortar environment. Explaining the benefits of the agreement, Project managing director, Tony Boulton, said Monday: “NetEnt is one of the most successful brands in the digital space and …
The London-listed e-processor WorldPay is creating problems for e-commerce companies – including online gambling firms – due to technical problems that have knocked it offline for the past two weeks. The Financial Times reports that millions of payments daily are affected by the technical outage, leaving many customers unable to receive payments from the companies …
The UK-based betting group Sportech plc has announced that Rich Roberts, President: Digital, USA, has resigned from its board with immediate effect following a reorganisation of management responsibilities in Sportech’s North American activities and the withdrawal from the groups Draft Day Daily Fantasy Sports business obligations. Roberts will work with the company until the end …
Boris Johnson, the new Foreign Secretary in the British Cabinet reaffirmed over the weekend that Britain would fully involve the Gibraltar in its Brexit discussions with the European Union. A Reuters news agency report quoted a Foreign Office statement that Johnson told Chief Minister Fabian Picardo in talks in London that Britain would never agree …
Costa Rica-based online gambling operator Breakout Gaming has announced the upcoming launch of a new eSports website titled Breakout PVP, powered by its proprietary Breakout Coin. Players on Breakout PVP will be invited to participate in player vs player contests and tournaments on many of the most popular games, starting with CS:GO, and expanding to …
Maryland Comptroller Peter Franchot appears to have had a change of heart on daily fantasy sports; late last year he condemned the vertical as gambling that could corrupt sports, but this week he released a set of guidelines and acknowledged that DFS has a ‘significant presence’ in the state and should be controlled and taxed. …
The live streaming Twitch service has joined Valve in warning eSports operators that it will not tolerate being used for gambling or promoting gambling activity. The service cautioned users that “content in which the broadcaster uses or promotes services that violate Valve’s stated restrictions is prohibited on Twitch.” The ban is likely to have far-reaching …