Italian gaming team Gamenet Group announced the purchase of Italian operator GoldBet for €265 million. Gambling experts believe that this acquisition of 100% of the share capital of GoldBet will allow Gamenet to become the largest network in Italy, and to increase the number of its retail outlets to 1,700. …
Read More »Kindred increased revenue up 31% in the 2Q
The Stockholm-listed Kindred Group reported a 31 percent increase in gross revenue in the second quarter of 2018 to £219m and £426m for H1. The underlying expected earnings before interest, taxes, depreciation and amortization (EBITDA) was £41.7m for the quarter and £89.2m for the first half of the year. Profit …
Read More »Global Gaming entering in Estonian market
The Stockholm-based operator Global Gaming announced the launch of its online gaming portal Ninja Casino in Estonia. The brand will operate under the license of a subsidiary of Safe Ent Limited, as soon as the latter receives permission to operate from a local regulator. Estonian users will have access to …
Read More »Sportradar opened new office in Singapore
The world’s leading supplier of sports and betting-related live data Sportradar announced about opening it’s new 2,800 sq ft office on Singapore’s Beach Road. The office houses staff from the United States, Slovenia, China, Indonesia, Malaysia and Singapore, and provides sports media, audio-visual and integrity services across the Asia Pacific …
Read More »iSoftBet focus on Africa and South America
The leading developer of game software iSoftBet announced its intention to concentrate on the markets of Africa and South America, as the developer is focused on going beyond the traditional markets. In addition, the company is expanding in several European countries, including Latvia, Estonia, Spain, Belgium and Romania. iSoftBet also …
Read More »Sportradar teamed up with BetChicago
The well-known provider of sports statistics Sportradar has concluded another partner agreement with the leading Illinois brand BetChicago. Under the terms of agreement, various Sportradar media products have been integrated with the newly launched site, available at BetChicago.com, designed to drive forward its sports betting media content with its sports …
Read More »SBTech joined forces with Golden Nugget
Gaming technology company SBTech and Golden Nugget signed a partnership agreement to bring sports betting to Golden Nugget casinos in New Jersey and Mississippi. The agreement will see SBTech integrate its sportsbook with Golden Nugget’s existing iGaming platform in New Jersey, providing a full platform and sportsbook solution to the …
Read More »Svenksa Spel reports a drop in net profit
Svenska Spel, the state-owned gambling operator in Sweden, has reported that gaming revenues fell four per cent to €190 million in the second quarter of 2018, and operating profit decreased 11,5 per cent to €94 million. However, sales online grew 20 per cent, of which mobile phone sales increased 42 …
Read More »Massachusetts delays the legalization of sports betting
Massachusetts is the latest state where state lawmakers are eyeing the possible future of legal sports betting in the US. But The Supreme Court of Massachusetts has decided to lift the ban, and the legislature does not rush to legalize sports betting in the state. The United States Supreme Court …
Read More »KamaGames celebrates success with Slots launch
Social casino developer KamaGames is expanding the benefits of its Slots launch as its first-half results indicated exponential growth in revenue and customer base. Europe’s largest social mobile poker platform went live with its first Slots in February, as well as adding new 3D games where players bet against the …
Read More »The gaming industry in Pennsylvania continues to grow
The Pennsylvania Gaming Control Board (PGCB) released the results for the fiscal year following which the state of Pennsylvania demonstrated the best result in terms of gross revenue from slot machines and desktop gambling. Gross revenue throughout the state grew by 1.4% compared to the previous year and amounted to …
Read More »The Japanese accused Caesars of taking political bribes
Japanese weekly news magazine Shukan Bunshun attacked the casino Caesars Entertainment with accusations of bribing Japanese politicians through participation in social and political events. You can get to such a meeting only by buying tickets, which, according to Shukan Bunshun, is a kind of bribe. The fact that the Caesars …
Read More »Evolution Gaming is available in New Jersey
The world’s leading Live Casino provider Evolution Gaming announced a launch with 10 tables in the next two months as the company outlined plans for growth in North America in its H1 financial results. Evolution saw operating revenues up by 35% to €110m ($128m), with EBITDA up by a similar …
Read More »William Hill extends in horseracing
The world famous bookmaker William Hill has signed an exclusive deal with Jockey Club Racing (JCR), Go Racing Yorkshire and various independents to expand its on-course betting portfolio. William Hill had been operating on-course betting at seven racecourses in the UK and added a further 34 venues through the new …
Read More »Mybet moves to a new owner
Berlin-based online betting operator for sports and casinos Mybet has signed a legal “non-binding sheet” with an unnamed investor, which is a harbinger of the signing of a contract of sale. The new owner is expected to acquire 100% of the B2C business of Mybet – Personal Exchange International and …
Read More »Betsoft Gaming expands in Latvia
The British developer and supplier of game software Betsoft Gaming announced the conclusion of a partnership agreement with the Latvian operator 11.lv. Under the terms of deal, 11.lv will add to its library all the games of Betsoft company with a Latvian license, including the main content from the Slots3TM …
Read More »New Jersey betting operators generates $3,5 Million in first month of operation
A month after the legalization of bookmakers in New Jersey, operators received $ 3.5 million in profits. Monmouth Park led the way with $2.3 million in gross revenue, generating $142,448 per day. Meanwhile, New Jersey’s legal online gambling industry generated $22.7 million in gross revenue in June, the 44th consecutive …
Read More »Slotegrator brings a new partner – Betgames.tv provider
Slotegrator team is open for cooperation and is always glad to work with professionals in the online gambling industry. Recently, the list of the company partners expanded with another popular provider of live games – Betgames.tv. This Lithuania-based provider has been creating innovative solutions for live-casinos since 2012. Its array …
Read More »Playtech extends Portuguese expansion
The world’s largest supplier of online gaming and sports betting software Playtech has launched Placard.pt, a venture by Portugal’s largest online gaming and betting operator, Sociedade de Apostas Sociais (“SAS”). The agreement follows Playtech striking a landmark deal for SAS to use its IMS player management platform and new Playtech …
Read More »Cherry backed Poland’s regulated market
Swedish gaming company Cheery gained Polish sports betting licences and plans to launch a completely new brand dedicated to the Polish market. They becomes the ninth licensed operator in the Polish market, and the second company to receive a licence under the new gambling regulations which came into force last …
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