Business News

Catena Media bought holdings in Online Media

Malta-based online iGaming marketing company has acquired various assets in UK-based sports betting affiliate Online Media. Under the terms, Catena will make an up-front cash payment of £11.65 million (€13.7 million/$15 million), no later than May 25. The agreement also includes an earn-out of maximum €5.77 million, based on the …

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Mr Green completed the acquisition of Dansk Underholdning

A leading online gaming company with operations in 13 countries Mr Green has completed the acquisition of the Danish online gaming company Dansk Underholdning. By that, Mr Green has a casino license in Denmark and intends to launch Mr Green in Denmark in 2017. The purchase was conditional on the …

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William Hill director comes to Amaya

Amaya Inc have confirmed the appointment of Robin Chhabra, formerly the Director of Strategy and Corporate Development for the William Hill Group. Toronto-based casino gaming developer Amaya Inc ans William Hill previously had discussed merging their businesses, but these talks were shelved in October 2016 after an unfavourable response to …

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Major profit jump in Q1 for Paddy Power Betfair

First-quarter revenues at Paddy Power Betfair increased 23 per cent compared to the same period in 2016 to £416 million (€492m) on the back of “growth driven by sports”. In the three months ending 31 March, the company posted figures showing that its underlying profits jumped by 114% to £91m …

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Online Gambling Market in Spain continues to rise

The online gambling market in Spain is at an all-time high with gross gambling revenues soaring by 32.6%. Comparing the year-on-year figures, online wagers increased by 19.9% to Euro 2.9 billion and 46% land-based revenues progressions. The latest figures were released by the Directorate General for the Regulation of Gambling. …

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Evolution Gaming launches branded roulette in the Grand Casino in Bucharest

Players of the ground-based casino will be able to bet in real roulette, and online visitors will play in the same game rounds with the same dealer. Gamblers on the Internet will receive live streaming of live dealers in HD-quality through interchangeable channels. This will give an effect of real …

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BtoBet decided to expand its business into Paraguay

BtoBet is progressing with its expansion in Latin America and is planning to attend the major Latin American gaming exhibitions within the next months. In this vision of expansion, Btobet has recently signed an agreement with Paraguay-licensed gaming company Enfield Group. Following this desicion, Alessandro Fried, BtoBet’s chairman, said, “Our …

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Mr Green to offer Realistic content

Online gambling company Mr Green Casino has introduced a variety of online games from one of the outstanding slot developer Realistic Games. According to the agreement, the gaming content will be rolled out through the NYX Gaming Group OGS distribution platform. The entire arsenal of Realistic Games’ slots and table …

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South Korea’s lottery sector goes online by 2018

The government of South Cores said that the decision was made during a recent Korea Lottery Commission meeting assured that the new measure will improve buyer convenience. The Ministry of Strategy and Finance ran a survey in 2015, which showed that more than half of the residents in South Korea, …

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Fabio Celadon takes the position of Senior Vice President of IGT

American gaming supplier International Game Technology (IGT) has appointed long-serving executive Fabio Celadon as head of the company’s gaming portfolio. Celadon most recently served as Managing Director, IGT Greater China and Senior Vice President, IGT International. In this role, he was responsible for managing IGT’s business and operations across lotteries, …

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Tom Horn and Vivo Gaming announced a long-term cooperation

Tom Horn Gaming has confirmed it has extended operations with long-term partner Vivo Gaming. Named after the Steve McQueen movie, Tom Horn Gaming (aka THG) is of the belief that the extended partnership will boost its position in the global market. And as a result of the co-operation, it seems …

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Betradar and Totolotek open virtual bets in Poland

Belonging to Intralot, Totolotek became the first registered bookmaker in Poland, which, together with Betradar, launched a bid for virtual sports in the country. In recent years, legislation in Poland has been considered one of the most stringent in the European Union. However, on April 1, amendments to the gambling …

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Nektan continues to progress contrary to forecasts

The third quarter for International B2B gaming solutions and service provider Nektan’s gaming revenue  rise from £2.2m to £3.7m, an increase of 63% from the year prior, and 3% more than in Q2. Even revenue figures proved to be positive, cash wagering increased 77% year-on-year to £99m, however, this was …

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LarryCasino rolls out a new program NetRefer

LarryCasino launches Affiliate Program with NetRefer. The casino features a selection of slots, casino games and live casino play, all based on the adventures of the character Larry Laffer. NetRefer will support LarryCasino on larryaffiliates.com, boosting marketing activities in relation to LarryCasino affiliates, both online and offline. LarryCasino delivers a …

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MultiLotto has expanded into the Irish market

European lottery betting operator Multilotto, which was established in 2012, has been granted a remote gaming licence by the Republic of Ireland National Excise Licence Office. Multilotto offers customers the chance to bet on 11 different lottery jackpots, such as the Powerball and Mega Millions in the US and Europe’s …

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Continent 8 continues to grow

A world-class co-location server park community Continent 8 Technologies has finished the latest stage of its multi-million dollar global network expansion. The managed hosting, cloud and network provider said its services are now spread across Europe, Asia and the Americas, with the new development linking the Asia-Pacific region back to …

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