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Post by William Bettany
Online operator Cherry has explained that the likelihood of a new IPO for their Yggdrasil game development division is low, which comes after the Swedish firm’s gaming brand, ComeOn, had driven group revenue up by 58% to total of SEK899 million during the third quarter. Organic growth across the group has also improved by 46%, which has added in the ….
Evolution Gaming has announced a new deal with The Stars Group who are currently operating out of the state of New Jersey. The move will see Evolution providing on-demand live casino services for New Jersey players, and the supplier has stated that they have already exceeded expectations within the state. Evolution is set to start powering the live casino platformPokerStarsCasinoNJ.com, ….
NetEnt has recently announced the signing of a deal between itself and casino giant Penn as its first official partner within Pennsylvania, not long after it revealed the Jumanji-fronted boost that they operator experienced during Q3. The developer saw share prices increase by almost %15 after it reported a rise in total revenue to SEK 449 million, along with an ….
Online gaming supplier Nektan has recently brought in Jaydeep Chakravartty to assist the company’s plans for expansion in the Asian and EMEA regions where he will taking over the role of vice-president of commercials. Chakravartty is joining the company after leaving Ingenuity Gaming, where he took on the role of commercial director for a total of six years. Before that, ….
Platform and casino games supplier Relax Gaming has recently announced two new industry executive hires not long after the launch of its partnership programmes. Shelley Hannah has been added to the operator as director of casino products, having previously worked as the head of framework products at NetEnt, as well as the head of delivery at Odobo. Uros Bohinc has ….
GVC Holdings has seen a 28% growth in their net gaming revenue as of the end of Q3 2018, which includes a 31% increase in their sports brands. The operator experienced the growth across all of their markets, and the figures for Q3 were increased largely by the World Cup. NGR was reported as being 30% ahead in Germany, 14% ….
Microgaming has recently reached an agreement to start supplying online operator Betsson with a series of new online game. Part of the deal will see Betsson have complete access to all of Microgaming’s bingo selection, with the products expected to begin rolling out in Betsson’s Spanish, UK, and Scandinavian brands later this year, with more to follow in 2019. Along ….
International online sports betting operator Paddy Power Betfair has been issued a £2.2 million fine from the UK for social responsibility and money laundering failures. The penalty was issued by the UK Gambling Commission, which had found the operator was failing to protect its customers, and to put a stop to stolen money being used for gambling. The UK Commission’s ….
Tristan Sjoberg has announced his resignation from his position as part of the Betsson board of directors after he become embroiled in a tax dispute. The news has been confirmed publicly by the operator not long after rumours began to spread through the industry. Betsson, in a short statement to news outlets, explained that Sjoberg’s tax dispute is between him ….
Scientific Games has increased their stakes in the US sports data market by acquiring leading software provider Don Best Sports Corporation. Don Best operates as a real-time pricing and data supplier for sporting events that are held within the United States. The company has been around for more than two decades, and it currently working with more than 100 sportsbook ….