Business News

Yggdrasil, a gaming software development company has made its debut in the Czech gaming and gambling market. The company has partnered with Tipsport. Tipsport customers will now be able to access Yggdrasil’s portfolio of locally certified games including Luca Maniacs, Valley of the Gods and the Vikings trilogy. After recently …

SafeEnt, which runs the online casino brand Ninja Casino, has lost its Swedish licence for online games and betting after local gambling regulator Spelinspektionen discovered “serious deficiencies” in business practices. SafeEnt, the holding company of Global Gaming, must now cease Swedish operations immediately. It had been running both its Ninja …

Austria-based Novomatic Group, the supplier of gaming equipment and solutions, has agreed to sell its Gaming Technology Group (NTG) of Novomatic UK to Inspired Entertainment Inc in a deal worth around $120 million paid in the EUR equivalent (€107 million) Inspired is a supplier of Category B2/B3 gaming terminals in …

Kambi Group has agreed a multi-year deal to power the sportsbook launch of BetWarrior, a new online gaming brand co-founded by former PokerStars directors Morten Tonnesen and José del Pino. Tonnesen, who serves as the company’s chief executive, and chief operating officer José del Pino previously worked together as part …

Stockholm-listed Scout Gaming Group has agreed a deal to provide its fantasy sports platform to Swedish publishing house Expressen, part of Bonnier Media. Expressen will gain access to a number of sports and is expected to launch during 2019. “That Expressen, which is one of the leading media houses in …

Sports betting operator Sportsbet.io has agreed to become the main shirt sponsor of Watford, in a deal that the Premier League football club said represents a record agreement in Hornets history. The three-year deal will mean that the Sportsbet.io branding will be shown across Watford F.C.’s home, away and goalkeeping …

Raketech, a leading online affiliate content marketing company, announced the launch of its new consumer-facing online casino product called Rapidi.com. Rapidi.com will be promoted across Raketech’s network of affiliate sites and will offer players a new place to experience the most popular casino games, live casino and online slots, without …

Superbet, a sportsbook operator in the regulated Romanian market with a growing presence in Poland, has selected Betgenius to provide its in-play trading solution for its land-based and online sportsbook. The long-term deal will see Betgenius provide Superbet with its industry-renowned live betting content for all sports, including football, basketball …

Stockholm-listed gaming operator Kindred Group is expanding its product portfolio with the addition of free-to-play sports games from SportCaller. Games based around various major sporting events will be launched in a number of countries in which Kindred’s brands are active. SportCaller said that it has already lined up a wide …

iGaming software developer and operator Gamesys Limited has agreed a £1.2m (€1.3m) settlement with the UK Gambling Commission (UKGC) for failing to prevent gambling harm and breaching money laundering regulations. UKGC has launched an investigation into the company’s processes following police investigation findings that the operator had allowed three individuals …

Italian firm Grupo Cipriani, an international operator of luxury restaurants and clubs, is investing $450 million in a casino resort located in Uruguay. The company plans to redevelop the former San Rafael Hotel in Punta del Este. Cipriani wants to add hotel suites and luxury residences as well as restaurants, …

Bet365, Betway, and CodereLatAm have become the latest overseas gaming operators to make a move on Buenos Aires in the hopes of scaling their operations in Argentina and South America. All three companies have all entered into joint ventures with local operators and registered to file a licence application. Bet365 …

Oslo-listed Gaming Innovation Group (GiG) has launched its new sportsbook with Guts.com, which will see the brand reposition itself as a ‘sportsbook first’ operator. Both new and existing Guts.com customers will have access to the sportsbook, which GiG said offers an improved user interface and experiences, as well as faster …

Gamesys Group-owned Virgin Bet has announced its launch in Gibraltar, just a fortnight after Bet365’s exit plan to Malta was revealed. The local government has already congratulated the firm on its successful application for a new gambling licence and subsequent launch in the UK market this week where the company …

English Premier League football clubs Wolverhampton Wanderers, and Burnley have both agreed new shirt sponsorship deals with Asian online gambling operators, while Championship side Birmingham City has partnered with Boylesports. Wolverhampton is set to be sponsored by ManBetX which will see the gambling operator front all adult home shirts, covering …

Nordic online gambling operator Kindred has opened its doors for business in New Jersey under its flagship brand Unibet as the company makes its US regulated market debut. Kindred Group (previously Unibet Group) successfully secured a Casino Service Industry Enterprise License in New Jersey together with Hard Rock Hotel & …

The Brittish press has revealed that William Hill, leading UK’s gambling operator, has held talks last year with Caesars Entertainment, America’s biggest casino owner, about a £6bn merger. The negotiations for the deal, which would have seen the FTSE 250 bookmaker swallowed up by Caesars Entertainment, ultimately failed last autumn …

Boylesports, the Irish’s second-largest bookmaker, has made its long-awaited move into the British retail betting market with the acquisition of Wilf Gilbert, which operates a 13-shop chain in the English Midlands. The acquisition marks what BoyleSports hope is a rapid expansion in the UK, with the company aiming to possess …

Nevada’s gaming revenue for April came in at $936.5m (€840m), the first month this year that the state’s total has failed to hit the $1bn mark, and fourth in a row when the state’s gaming revenue has endured a year-on-year fall. Official figures released on Wednesday by the Nevada Gaming …

Kommunal Landspensjonskasse (KLP), Norway’s largest pension fund, has confirmed that it will no longer invest in gambling or alcohol-related enterprises. KLP has recently sold stocks and bonds in such firms worth about €285 million. The company, which has around €70 billion in assets under management, states that it will no …