Business News

Lottoland inks Altenar deal for their first sportsbook platform

The online lotto provider Lottoland entered the sportsbetting industry in 2019 in selected markets. The plan is to expand further in 2020 with the help of sportsbook provider Altenar which will provide a fully managed platform to Lottoland. The CEO of Lottoland Nigel Birell said on the deal: “We are …

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1×2 Network extends partnership with iForium

Pioneer gaming company 1x2Network extended their partnership deal with the iGaming software provider and content aggregator platform iForium, which will now allow its partners to add more games to their portfolios. 1x2Network is at the forefront of HTML5 development with a varied portfolio of Sports games, Table Games and Slots. …

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Sporting Solutions signs Norsk Tipping data and risk management deal

Sportsbook and lottery supplier Sporting Solutions, part of the Sporting Group, won the tender to supply pricing and risk management services to Norsk Tipping. The tender procedure was very competitive and six companies bid to deliver their services to Norway’s state-owned new sports betting solution, which will be powered by …

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Greece presents new gambling regulations to EU

The new draft iGaming regulations presented from the Greek Ministry of Finance to the European Commission show that sports betting and other games will be licenced separately as the Greek government is set to implement new controls on the gambling industry. The submitted draft legislation confirms that the new separate …

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Kambi launched “Partner with confidence” campaign

The new year started with the new marketing campaign Partner with Confidence for sports betting provider Kambi highlighted its position as the sportsbook enabler behind some of the world’s leading operators. London-based production company Irresistible produced the in-house devised video, which draws parallels between high-achieving sports stars and sportsbook operators, …

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Genius Sports to support rebooted XFL league

The rebooted XFL, the American football league that is set to launch in the US next month, has announced a multi-year partnership with sports data and technology company Genius Sports to protect the start-up league against the threats of improper and illegal sports betting. The deal between the XFL and …

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1xBet receives five-year National Licence for Nigeria

The Cyprus-based online bookmaker 1xBet has secured a National Licence to operate in Nigeria from the local National Lottery Regulatory Commission. The licence, which expires in 2025, strengthens the African presence for the company, a long-term supporter of Nigerian football and an official sponsor of the Confédération Africaine de Football …

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Codere gets €36 million for LatAm expansion

Gambling operator Codere is moving ahead with its strategy to expand in the emerging gaming and gambling markets in Latin America. A filing placed with Spain’s CNMV capital markets commission has revealed that Madrid-based gambling group has managed to get two corporate credit lines which would get the company funds …

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Paysend expands into Turkey

Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfers service to Turkey. Customers will be now able to transfer money to any bank account or card issued in Turkey. “Launching our Global Transfers service in Turkey is another step in the right direction for …

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Gateway Casinos agrees to $1.1bn merger with Leisure Acquisition

Gateway Casinos & Entertainment Limited, known to be one of Canada’s largest operators of land-based casinos, has agreed to merge with special purpose acquisition company Leisure Acquisition Group in a deal valued at $1.115 billion (approx. $0.993 billion). Gateway, which owns 25 properties in British Columbia and Ontario, including the …

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888casino adds Skywind Group portfolio

Online casino brand 888casino has added titles from Skywind Group to boost its offering with more than 280 slots titles, jackpots, and arcade games by the Isle of Man-based supplier. 888casino and its customers now have access to Skywind’s hit titles Boomerang Edge, Rambo, Star Trek: The Next Generation, CSI: …

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Kambi shares dived after DraftKings acquisition news

Shares of Kambi Group PLC lost 30 percent on Monday’s news that DraftKings planned to acquire SBTech. Investors fear the acquisition could threaten the current multi-state partnership between Kambi and DraftKings. As a result, Kambi has made the move to halt trading in its shares. The company also issued a …

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BETDAQ adopts 0% commission on majority of sports

BETDAQ, the global betting exchange owned by GVC Holdings, has introduced 0% commission on the majority of sports on its platform. The change was preluded by several trial periods, including offering 0 per cent commission on the final three tennis Grand Slams of the year. During the Wimbledon tournament, the …

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Two new deals expand AGTech footprint in China

Hong Kong-listed lottery provider AGTech Holdings has secured two new contracts to provide sports lottery terminals in the Chinese provinces of Zhejiang and Henan. The contracts to supply lottery terminals to the Sports Lottery Administration Centers of both provinces were won by the company’s wholly-owned subsidiary Beijing AGTech GOT Technology …

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California Lottery extends Scientific Games contract

Scientific Games (SG) announced the California State Lottery has signed a three-year contract extension for Scientific Games to continue as the Lottery’s primary provider of instant games and associated services through November 2022, with optional extensions remaining through 2025. Under the terms of the extension, the company is to continue …

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Finnish operator Veikkaus adds Yggdrasil slots

Finland’s gambling monopoly Veikkaus has gone live with the entire online casino games library of major creator and supplier of content for the iGaming industry Yggdrasil. The operator, which is owned by the Finnish government, is the only regulated gambling operator in the country and has more than two million …

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Finnplay enters Denmark with casino licence

Online gaming platform provider and gaming group Finnplay has been awarded an Online Casino Licence in Denmark by Spillemyndigheden, the Danish Gambling Authority. Finnplay’s licence from the Danish regulator continues a recent successful streak of new licences and licence extensions for the company, which specializes in the provision of solutions …

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Problem gambling trends and features in Scandinavia

Gambling is one of the biggest and most lucrative industries in the world. Just online gambling, which is just half of what this industry can offer, is currently worth almost $50 billion worldwide.  This goes to show just how big this entertainment sector really is. However, even though the majority …

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SAZKA to acquire Novomatic’s stake in Casinos Austria

Pan-European lottery and sports betting operator SAZKA Group has reached an agreement to acquire Novomatic’s stake in Casinos Austria AG (CASAG). Confirming the agreement to sell its 17.19 per cent stake, Novomatic states on its website that a binding agreement has been reached with the Czech gambling firm which is …

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