Swedish gambling operator LeoVegas announced the acquisition of the Royal Panda brand from the Maltese company Web Investments Limited. Under the terms of the agreement, €60 million will be paid at the initial stage. Additional €60 million can be paid if the company receives revenues of €50 million, while EBITDA …
Read More »Mega Millions raised the price of lottery tickets
The cost of the ticket of the American lottery Mega Millions will increase from $1 to $2, and the starting jackpots will increase from $15 to $40 million. The new prices will come into force on October 28, 2017. Randy Burnside, the representative of the lottery, points out that the …
Read More »The first land-based casino opens in India
The land-based complex resort and casino in Indian city Daman Deltin, owned by Delta Corp. Ltd, will be officially opened on November 30, 2017. The new complex will accommodate up to 1,500 places for gambling. The administration of Deltin applied for a license for an offshore casino for 150 tables, …
Read More »Foxium signed an agreement with Microgaming
The developer of slot machines Foxium has signed an agreement with the company Microgaming on the integration of the Quickfire platform into its own network. Founded in 2015, Foxium is the studio for the development of online gaming machines with offices in Estonia and Sweden. Foxium products will be available …
Read More »Paddy Power leaves Italy
The well-known Irish bookmaker Paddy Power has announced the termination of its activities in Italy. Registered players of Paddy Power received letters with the following text: “Since December 2017, Paddy Power will no longer provide its services in the gambling market of Italy. By December 2017 user accounts on Paddy …
Read More »Juventus found a new betting partner F66.com
Italian club Juventus Turin announced the signing of a regional agreement with the Asian firm F66.com for a period of three years. Under the terms of the signed agreement, the gaming operator F66 will be the official betting partner of the Turin team in the Asian region, except for countries …
Read More »Riga will close 42 gambling halls for five years
The gambling industry in Latvia is one of the lines of business demonstrating stable growth. At the end of 2016, the industry is ready to reach the pre-crisis level, but the changed policy of the state with regard to the sphere of gambling puts into question not only its development, …
Read More »Belgium toughens advertising gambling
At the end of July, the Belgian government considered two bills imposing new restrictions on gambling. Now the authorities insist on adopting a tougher law on advertising gambling, which would completely prohibit advertising of all types of gambling during live broadcasts of sports events. Minister of Justice Cohen Hins, who …
Read More »Cyprus will accept Bitcoin & Blockchain Conference on November 30
On the last day of autumn, the leading players of the crypto-currency market will meet in the capital of Cyprus Nicosia at Bitcoin & Blockchain Conference Cyprus to provide the business community with answers to questions related to decentralized technologies. The coordinator of the event, the international company Smile-Expo, held …
Read More »Greentube presented Queen Cleopatra
Interactive division Novomatic, the company Greentube, announced the release of a new slot for the B2B segment called Queen Cleopatra, dedicated to one of Egypt’s greatest woman Cleopatra. The unusual Scatter book activates 10 free launches and brings payouts regardless of the location on the screen. In order for the …
Read More »Betsoft Gaming became partner of HDFBET
Leading developer of 3D games for the gambling industry Betsoft Gaming announced that it will supply gambling content to the new operator from Asia HDFBET. Under the terms of cooperation, the developer will provide HDFBET a full range of their games, including a collection of Slots3 and classic board games. …
Read More »IPS will use the portfolio of Red Tiger Gaming
The developer of casino games Red Tiger Gaming announced that their gambling portfolio will be presented through the channels of IPS brands working on the platform of Bede Gaming. The game segment includes such items as Dragon’s Luck, Arcade Bomb, Lucky Wizard, and Smart Spins promotional tools. In November, branded …
Read More »PokerStars presented an updated version of online poker
As part of expanding the services of the poker brand, PokerStars presented a new version of online poker called PokerStars Power Up. The new version combines the traditions of classical poker and aspects of modern video games. The strategy of the game is built on the format of unlimited Hold’em …
Read More »Sportradar armed with a startup MOCAP Analytics
Specializing in the collection and analysis of sports data Sportradar announced the acquisition of a technology startup MOCAP Analytics. This transaction will provide new opportunities to develop products to track players’ data and thus attract key sports organizations – the NBA, the NFL, and others. Carsten Coerl, founder and CEO …
Read More »Casino Atlantic Club will get a new owner
The current owner of the Atlantic Club, TJM Properties, has signed a contract and waits for the transfer of cash before disclosing the name of the new buyers or the official amount of the transaction. Atlantic City Mayor Don Guardian said: “I know that in the last couple of weeks, …
Read More »The total online betting market in Italy grew by 31.4%
News agency Agimeg.it published year report according to which Italy’s total online betting market grew by 31.4% year-on-year to € 48.1 million. The retail sector showed an increase of 1% to € 69.4 million. It is interesting that in online betting the leader was replaced. They became the operator Planetwin365 …
Read More »DraftKings expands markets to Australia and Ireland
One of the most popular fantasy sports operators in the United States of America DraftKings continued to expand its activities by launching games in Australia and Ireland. The operator motivated his decision by the fact that in these countries “strong sports traditions”. DFS-competitions include seven football leagues, NFL, NBA, NHL, …
Read More »Switzerland legalized online games
Until recently, online gambling in Switzerland was illegal, while the relevant law prohibiting the provision of similar services wasn’t in the country. Unternational industry operators could freely provide services to local players. Now the Swiss parliament has finally voted for changes in the gambling legislation of the country, regulating the …
Read More »GVC Holdings and Ladbrokes Coral are announcing a merger
In August of this year, GVC Holdings decided to join forces with competitor Ladbrokes Coral, but failed. Coral rejected the proposal to merge assets worth about $4.6 billion. However, as reported by the Financial Times, before the end of October, the merger of corporations GVC Holdings and Ladbrokes Coral can …
Read More »EGT Interactive became partners with SoftSwiss
The developer of the game software EGT Interactive announced cooperation with the supplier of the game software SoftSwiss. According to the contract, a full set of EGT slots will be presented in three online casinos: Loki Casino, Golden Star Casino, Guns Bet. Cooperation with new operators will allow EGT Interactive …
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