CEO Mr Green Per Norman reported that the company’s revenues grew by 38% compared to the same period last year. Total revenue reached $43.75m for the first three months of the year compared to $31.71m in Q12017 representing a growth of 38%, well above the companies 20% target. This growth …
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Henrik Tjärnström, CEO of Kindred Group, reported an annualized increase in a number of key financial indicators for the first quarter of 2018. Kindred Group reported Q1 revenue growth of 36% to £207.8m (€237.6m), although the firm’s share price dipped over fears of slowing growth in both sports and gaming. …
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The Norwegian gambling regulator Lotteri-og Stiftelsestilsynet made proposals to restrict access to companies with an international license to the internal market of Norway. This implies more stringent regulatory rules in accordance with the proposed new gambling legislation. The state-owned companies Norsk Tipping and Norsk Rikstoto, which are based in the …
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One of the largest suppliers of online gambling and digital entertainment content Kindred Group has developed and launched a betting site for the competition for horse racing in the UK and Ireland. The new service offers players 24 hours service on all major racetracks. It is noted that the new …
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The developer of the game software Habanero announced the cooperation with the Asian supplier of sports betting RWB Solutions International. As part of the agreement, RWB will provide access to the full collection of Habanero games to a number of regional brands, including Supotsubet.com. Among the announced games, the latest …
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The bookmaker and gambling company Paddy Power Betfair announced the extension of the long-term partnership with London-listed internet gaming software firm Gan in the US state of New Jersey. GAN will continue to provide the Paddy Power Betfair platform in the regulated local online gambling market. The two companies first …
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In the central part of Vietnam, along a three-kilometer (2-mile) stretch of coastline, construction cranes are digging up mounds of sand and rubble where the country’s biggest casino is set to open next year. There are fewer than 10 casinos in Vietnam, mostly smaller ones outside major cities. At present, …
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The developer of platforms for lottery operators Twelve40 announced a partnership agreement with the company Twelve40. Under the terms of the deal, the portfolio of Twelve40, including video poker, table games and more than 100 video slots, including top Wild Guns and Dracula’s Castle will be integrated with the Wazdan …
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Leading Romanian operator has agreed a deal with Stockholm-listed sports betting provider Kambi Group. The deal follows an extensive tender process, with Stanleybet Romania careful to select a trusted partner with the ability to provide a secure and high-quality sportsbook, as well as the differentiation capabilities required to succeed in …
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The Stockholm developer of gambling products Scientific Games announced the beginning of cooperation with the Hungarian provider of gaming services Szerencsejáték Zrt. Scientific Games is now Szerencsejáték Zrt.’s sole provider of gaming systems technology and is responsible for the development, installation, and maintenance of the systems. The omni-channel platform allows …
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Swedish gaming operator Cherry AB reported financial results for 2017, according to which revenues was $267,668 during 2017, more than doubling the $130,981 reported during the full-year 2016. Company EBITDA also registered triple digit growth, rising by 146% from a 2016 high of $20,681 to a 2017 record of $50,990. …
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Leading American fantasy sports operator DraftKings seriously intends to capture the Australian market. In the second quarter of 2018, DraftKings will begin offering its services to DFS Australian players. The company confirmed that it received a license from the Gaming Commission of the Northern Territory, according to which it is …
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The developer of software and games for online casinos GameArt announced the beginning of cooperation with the content provider for mobile and online platforms iSoftBet. Under the terms of the contract, the developer’s games will be available through the Game Aggregation Platform (GAP). It includes more than 1500 slots from …
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Igaming operator Global Gaming appoints award-winning media agency Tre Kronor Media in Sweden as new media agency. The marketing budget will be used to support the company’s growth and expansion plans, as it looks to gain market leadership in the Swedish market before re-regulation in 2019. The partnership will involve …
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The developer of gambling products Play’n GO announced the release of a new online slot in the theme of the British national cuisine Baker’s Treat. Baker’s Treat is a 5 reel, 15 payline video slot that sees you working to assemble a slew of different sweet treats for players. The …
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Developer of game software Betsoft Gaming announced the signing of a contract with the Maltese operator of online gambling OCG International. Under the terms of cooperation, OCG International will receive permission to distribute a series of Slots3 games from Betsoft, including a new collection of Classic Slots. In Betsoft reported …
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The Ohio Casino Control Commission released its monthly report showing that gambling revenue during March operations has increased. Casinos posted US$81.7 million last month, a 7.7 per cent increase from the US$75.4 million achieved during the same period in 2017. Racinos slot revenue was up to $96.4m, an increase of …
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The supplier of gaming platforms for mobile gambling Nektan announced the conclusion of a partnership agreement with 138 Casino. The partnership will see Tyche’s HTML5 games provided to 138.com via Nektan’s end-to-end platform. The site operates in Asia and a number of European markets. Darren Howland, product manager at 138.com, …
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Leading developer of software for online gambling operators Playtech announced the acquisition of Italian gambling company Snaitech for 846 million euros by acquiring a 70.6% stake in Global Games and OI Games. Playtech said that the acquisition creates a “leading vertically integrated retail and online Italian gaming business that will …
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The growth of gambling revenues for the Italian market is always hot. Italy’s gambling regulator constantly reports about this, but in March of last month the growth of incomes from the gambling sector grew just as much by 27% and amounted to €60.6 million. Gross revenue from online sports betting …
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