Monday, October 26, 2020

Tag: Business

Betcentric African businesses hit hard by covid closures

Africa businesses hit gambling covid-19
Retail-reliant and sport-centric African gambling markets are struggling to switch players into novel sports and products through covid-related closures - even where regulation permits

AGEM release March 2019 Index

AGEM,
The AGEM Index decreased in March 2019 by 11.27 points to 452.46 points, a 2.43 percent decline from February 2019. The AGEM Index's March 2019 decline was driven by a 24.70 percent decrease in the stock price of International Game Technology PLC (IGT)…

Betsoft Gaming signs content agreement with River iGaming

Betsoft, Gaming, Content Agreement, Business, River iGaming
Betsoft Gaming has signed a strategic content agreement with multinational, multi-pronged business River iGaming. The agreement covers every Betsoft slot game accredited for the regulated markets in which River iGaming operates – including

BetConstruct joins Arsenal as the Official Partner

BetConstruct, Arsenal
Arsenal has announced a new partnership with BetConstruct, who is joining us as the Official Gaming Software Partner. Founded in 2011, the award-winning developer of gaming and betting technology, has development, sales and service centres around the world.

Clarion Gaming and All-In Diversity Project, strike strategic partnership

Clarion Gaming, All-In Diversity Project, strike strategic partnership, business
Clarion Gaming, whose portfolio includes many of the industry’s leading event, training and publishing brands, has agreed a strategic partnership with the All-In Diversity Project, the recognised global resource for gender, diversity and inclusion for…

Scientific Games announces third quarter 2018 Results

sg gaming results
Scientific Games also highlighted that its revenue growth reflects continued momentum and giving 'a clear avenue for deleveraging'. Third Quarter 2018 Financial Highlights: • Third quarter revenue rose 7 percent to $821.0 million, up from $768.9 million…

Yggdrasil pursue expansion plans as partnership investments deliver returns

YGGDRASIL, FINANCIALS, revenue, business
Yggdrasil has announced revenue of $7.8m for the third quarter of 2018, a 62 percent increase on 2017’s figure of $4.8m, after player rounds increased 51 percent to 1,534 million. The three month period contributed to the 66 percent increase

Flying into action: Microgaming introduces Slingshot Studios

Handshake Scout Gaming Novibet Jumio
Microgaming introduces Slingshot Studios, a new independent game studio that will be developing exclusive content for Microgaming. Slingshot Studios are game builders focused on enhancing successful slot game staples and innovating with fresh new features.

AGEM releases August 2018 Index

AGEM-Index-
The AGEM Index decreased in August 2018. The composite index finished the month at 565.39 points, a decline of 43.88 points or 7.76 percent, compared to July 2018. The AGEM Index reported a year-over-year increase for the 35th consecutive month…

Sirplay and Lotto Warehouse in Key Deal

Sports betting
Sirplay deal sees Lotto Warehouse strike a major partnership expanding its global reach. Lotto Warehouse has announced a new partnership with whitelabel sports betting solutions operator Sirplay. The deal will enable Sirplay, who have a…

Novomatic posts double-digit revenue growth after US and Europe expansion

Following several noteworthy acquisitions and expansion into European regulated territory Novomatic has reported revenue for the first half of 2018 jumped 12.6 percent to $1.6bn. The gaming technology company stated earnings for the period rose…

Scout Gaming client StarPick reached 1 million registered users

Indian flag
StarPick ltd reached 1 million registered users just 5 months after launch. Scout Gaming is pleased to announce that our first ever Indian client, Starpick ltd, has reached 1 million registered users. The achievement was reached in less than 5 months…

Mario Benito joins the R. Franco Group as new Sales Manager in the Digital Area

MarioBenito-RFrancoDigital-1
Mario Benito has been appointed manager of sales at R. Franco Digital, the group division headed by Miguel Ángel Lázaro. His incorporation is “another step forward in the process of consolidation and strengthening of the Group’s digital project on a global scale”…

Betsoft Gaming joins forces with Jackpot Fortune in new partnership

Jackpot Fortune
Betsoft Gaming has announced its partnership with bingo and casino operator Jackpot Fortune. Under the terms of the partnership, Jackpot Fortune will be offering Betsoft’s entire Slots3 collection and mobile ToGo games to its players. “Jackpot Fortune…

Louisiana Lottery Extends Instant Games Contract With Scientific Games For Five Years

Louisiana
Lottery's Instant Game Sales Grew Over 40 Percent Since 2010 Under Current Contract Scientific Games Corporation hasannounced that the Louisiana Lottery Corporation (the "Lottery") has extended its existing contract with the Company to provide instant …

BtoBet bolsters structure with new head of gaming

BtoBet has appointed Jean-Baptiste Cerna as its Head of Gaming, in a move that further strengthens the company’s position as one of the major technological providers for sportsbook and gaming operators in the iGaming industry. Jean-Baptiste’s…

Wazdan launches with Relax Gaming

Signing agreement
August may be a quiet month for many companies, however, that hasn't stopped award-winning gambling software and content supplier Wazdan from launching with Relax Gaming. Relax Gaming is an award-winning multi-vertical gaming provider…

Bookee Mobile App re-launches in the UK powered by EveryMatrix full product suite

Sports betting
EveryMatrix has announces its successful migration of Bookee, the swipe-to-bet mobile gaming application onto the EveryMatrix platform. Founded by industry veterans, Adam Kalmanson, previously with William Hill, and Adam Wilson, once of 888…

EveryMatrix centralises commercial arm with Maltese expansion

IGT 168 JURISDICTIONS EVERYMATRIX
EveryMatrix has expanded its presence in Malta, relocating its commercial, legal and compliance teams to the Mediterranean archipelago. Led by CCO Ian Freeman, who joined the gaming technology and platform provider earlier this year, the expansion marks…

Playtech completes Snaitech acquisition with final 3.5 percent

IGT 168 COMPANIES DPS PLAYTECH
Playtech has completed the $1bn take over of Italian betting and gaming operator Snaitech, acquiring the final 3.5 percent through its subsidiary Pluto SPA. The London-based operator finalised its purchase of Italy’s largest sports betting firm with a cash…

Annexio appoints Sebastien Jeanneau as director of operations

Annexio
Sebastien Jeanneau has been appointed to the Board of Annexio, taking up the role of Director of Operations as the lottery services company continues to expand its reach in new markets. Previously Head of Operations, Sebastien joined Annexio…

Wazdan signs significant SoftGamings deal


Wazdan
Online casino platform provider and games aggregator SoftGamings has signed up with innovative game-maker Wazdan to power up the slots available through SoftGamings casino platform. SoftGamings platform is a modern system for both iGaming startups and…

SG Digital’s OpenBet Sportsbook empowers Partners at the 2018 World Cup, Processes more than 177 Million Bets

IGT WEBSITE WORLD CUP
Scientific Games Corporation processed more than 177 million bets across all channels during the 2018 World Cup through OpenBet, SG Digital's market-leading sportsbook. The platform's success during the world's premier sporting event indicates…

Betfred suffers eight figure loss in 2017

BetFred
Despite reported good growth across eight gaming divisions, Betfred was pulled into the red in 2017. With a new FOBT stake now looming, the retail-centric adds puts an emphasis on SSBT to minimise the losses. Betfred disclosed suffering a loss of £13.4m…

UK regulator warns of ‘relentless escalation’ of financial penalties

Gambling-Commission-sign
Only a month since the FOBT debate was finally put to bed and the limelight has moved swiftly onto the online sector. Those still not complying with their licensing conditions can expect a ‘relentless escalation’ of fines, says the UK’s Gambling commission

BETR-Better Betting Ramps up Team

Stock prices
BETR-Better has announced its "re-energising" its Foundation’s Supervisory Board with a "relevant, experienced team" and bringing on board a new CTO. The firm says it is “prepared for the next phase in its development”. David Vanrenen is appointed Chair…

AGEM releases June 2018 Index

AGEM-Index-
The Association of Gaming Equipment Manufacturers (AGEM) has released its latest Index, which shows a slight decline in June 2018. The composite index finished the month at 546.37 points, a decline of 7.69 points or 1.39 percent, compared to May 2018.

Playtech shares plummet over a quarter as Asian market disappoints

IGT BUSINESS PLAYTECH
Playtech has issued its second profit warning in a year, predicting a $82m deficit in projected annual Asian revenue due to “disappointing” performance. The gambling software developer, which issued a similar warning in November 2017, saw share price fall…

Association of Gaming Equipment Manufacturers announces nine new members

Roulette wheel
The Association of Gaming Equipment Manufacturers has announced that its Board of Directors has approved the membership applications of nine new companies, bringing the trade group comprised of the world’s leading gaming suppliers to a total of 166.

Threat of Bet365 exit prompts online operator assurance from Gibraltar

Gibraltar
A heavy investment in Malta by Bet365 has raised concerns for its Gibraltar headquarters, however the British Overseas Territory has maintained its online sector remains steady as a rock. Reports that Bet365 is preparing to cease operations in Gibraltar,

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