Global Gaming CEO Stefan Olsson has announced that he is to switch his responsibilities to innovation within the company, handing his CEO duties over to acting president Joacim Möller whilst a search for a replacement is underway. Explaining his move this week, Olsson says it will take place on May 1st. “It has been a …
The LeoVegas Mobile Gaming Group is expanding its sponsoring partnership with the Swedish Open in Båstad by assuming the role as a principal partner for the prestigious tennis tournament. “Last year’s successful sponsor partnership with the Swedish Open in Båstad was a strategic effort to profile LeoVegas Sport and our offering in tennis. This venture …
According to reports this week on ESPN the sports leagues Major League Baseball and the National Basketball Association have been in amicable talks with daily fantasy sports market leaders FanDuel and DraftKings with a view to unloading their shares in the companies but retaining a “valued partner” relationship. Explaining the NBA position, spokesman Mike Bass …
Former Amaya CEO David Baazov’s trial in Quebec on insider trading charges has been delayed once again, according to local media reports,which detail an attempt by the defence team to have the charges thrown out on grounds that the prosecution keeps adducing new evidence …specifically nine disclosures in recent weeks – abusing process by not …
Malta’s move to issue skilled games supply licenses encouraged business-to-business DFS supplier Global Daily Fantasy Sports to apply, and the initiative paid off this week with the issue of a five-year licence to offer services and solutions to operators. Darcy Krogh, chief executive of Global, said: “This licence is pivotal for Global, enabling us to …
Slovenian MP Branko Zorman has quit the ruling Modern Centre Party in Slovenia following the failure of his sports betting liberalisation bill in the Senate and in a re-vote in the National Assembly Thursday. Our readers may recall that early last month, despite opposition from the government, the upper chamber and sports betting monopoly operator …
Online gambling games developer BetSoft has confirmed that it is to launch a new online slot titled Reels of Wealth on April 28. The five reel, ten pay-line game, which has a gems, precious metals and money theme, will have a claimed RTP of 95.29 percent and offers the new Megastar 4 Jackpot mini game. …
Lotteriinspektionen gets an additional SEK 19 million (Euro 1.8 million) to help handle the soon-to-be-liberalised market. Sweden’s national gambling regulator Lotteriinspektionen has received a SEK 19 million (Euro 1.8 million) operational budgetary boost by the government to help it expand resources to manage the forthcoming liberalisation of the market early next year (see previous reports). …
Chinese internet giant Tencent is mulling the $100 million acquisition or investment in Mumbai-based daily fantasy sports platform Dream11, according to a report in the Economic Times, which claims that negotiations are at an advanced stage. Tencent’s investment in Dream 11 was possibly encouraged by the Punjab and Haryana High Court’s recent ruling that fantasy …
Hot on the heels of its Tuesday announcement that it had launched an online sports betting channel for Hungary’s state-owned Szerencsejáték Zrt., Scientific Games advised Thursday that it has successfully launched an omni-channel sports betting system for Swisslos, the lottery serving the German and Italian-speaking regions of Switzerland. The solution was provided by Scientific Games …
Just when it looked as if overwhelming retail association, corporate and political opposition to secondary lottery provider Lottoland had scuppered the Gibraltar-based provider (see previous reports) the news broke Thursday that retail representative bodies in two Australian states – the populous New South Wales and Australian Capital Territory – are considering Lottoland’s generous profit-sharing offer. …
Live dealer technology and games provider Evolution Gaming has continued to keep its investors happy with another set of quarterly results, reporting that in the three months ended March 31 it achieved the following highlights: * Operating revenue up 30 percent at Euro 51.6 million (Q11-2017: Euro 39.7 million); * Profit rose from Euro 12.7 …
Loot boxes seem to be in the news again this week, with the Dutch Gaming Authority giving the latest negative opinion about the boxes, which are sold to video gamers as a randomised mix of accessories and prizes. Without naming the development companies involved, the regulator said that four video games contravene Dutch gambling laws …
Lottery and instant win provider Twelve40 has penned an agreement with games developer Wazdan to integrate the provider’s entire games portfolio into its proprietary platform. Wazdan content including video poker, table games and more than 100 video slots such as Wild Guns and Dracula’s Castle will be made available to Twelve40’s partners under the terms …
Against the background of strong organic growth and several acquisitions contributing to LeoVegas’ expansion, the Board of Directors has adopted new financial targets for the Group, according to a company statement released Thursday. LeoVegas is targeting at least Euro 600 million year in revenue by 2020 and at least Euro 100 million in EBITDA in …
Gaming Innovation Group (GiG) has been named main sponsor of one of Malta’s largest annual sporting events – now known as the GiG Malta Marathon. “We are extremely proud to have partnered up with the Malta Marathon,” Mikael Angman, GiG chief operating officer and general manager for Malta, said. “We employ many young people, Maltese …
B2B software solutions provider GAN plc has agreed a multi-year extension with key client Paddy Power Betfair Plc for the continued provision of platform services in New Jersey’s igaming market. Paddy Power Betfair Plc and GAN’s relationship dates back to 2013 with the launch of Betfair Casino. “Our respective teams have performed well over an …
Inspired Entertainment Inc. (Inspired) has expanded in the Italian online market with the launch of omni-channel games via its Virgo Remote Gaming Server. The first operator to go live with the content is SNAI, who will be followed in the near future by Sisal, Eurobet Italy and Betsson’s StarCasino. “I’m delighted to announce this important …
Games developer Lightning Box has launched its new ‘Silver Lioness4x’ title which will initially go live on an exclusive basis with LeoVegas. The 4×5 reel slot, which features 1,024 ways to win, is the supplier’s first game to go live on Microgaming’s Quickfire platform. Features include diamond scatters which trigger the free spins round in …
Danish gamblers wagered more on betting and casino games than the European average last year, driving overall revenues up 3.48 percent year-on-year to reach DKK 9,220 million. And online activity contributed 51.5 percent of overall GGR, with mobile channels delivering 54.5 percent of online revenue. This includes GGR from online casinos, online betting, and online …
In a late nigt vote on Tuesday the Louisiana House of Representatives voted 67-23 to allow daily fantasy sports games to become legal in the state. The proposal now heads to the Senate for consideration. If approved by the Senate and signed off by the state governor, the HB484 could make Louisiana the twentieth state …
Following the acquisition of Intellectual and Property Software (IPS) Ltd in January 2018, LeoVegas Mobile Gaming Group chose to keep its sites, including top brands 21.co.uk, Slotboss, Bet UK and UK Casino on the Bede Platform. The multi-year agreement between the Bede platform specialists and the Swedish gametech company sees the operator join the likes …
Alexandre Dreyfus’ newest venture is a blockchain-based platform that allows fans to crowd-manage esports teams and organisations. Titled chilliZ, the esports/blockchain venture has already secured $27 million through an early private placement, Dreyfus announced Wednesday. The inspiration for the platform came from traditional sports, specifically football’s La Liga, with their democratic ‘socios’ system of club …
According to BetNCatch affiliates, EveryMatrix is rebranding the operation to pwr.bet effective today (Wednesday). Customers report receiving an email from Everymatrix’ support saying: “Although BetNCatch will no longer be able to serve your gambling needs, our new brand will now take over and offer you an exceptional remote gambling experience.” BetNCatch customers will be able …