Author: Olivia Cole

Yggdrasil Gaming, one of the fastest-growing online and mobile gaming solutions providers, announced its financial results for the first three months of the year. The company revealed that it had experienced a great start of 2017, after a pretty successful 2016 performance. Yggdrasil Gaming revealed continuous profits increase and projected further success over the upcoming quarters. The Chief Executive Officer of Yggdrasil Gaming, Fredrik Elmqvist, commented on the company’s performance over the first quarter of 2017, saying that the gaming solutions provider had managed to stay productive in the first…

The leading online and mobile gaming software provider iSoftBet is to further expand its presence in Lithuania. The company has inked a partnership agreement with the local operator Unigames so that it would be able to reach more new customers in the country and consolidate its positions on the local market. The Head of Business Development at iSoftBet, Michael Probert, commented on the newly-inked deal, saying he was very happy with the fact that the gaming software supplier had managed to expand its reach into Lithuania by inking a deal…

One of the largest bookmaking operators in the UK – Paddy Power Betfair – revealed that it has set foot into the US Daily Fantasy Sports market thanks to the purchase of the mobile-led operator DRAFT. The Chief Executive Officer of Paddy Power Betfair Breon Corcoran commented on the deal, saying that the entire team of the British bookmaker was very pleased with the fact that DRAFT was to become part of the Group’s family. Mr. Corcoran also explained that the purchase would give them the chance to further expand…

Evolution Gaming, a leading provider of live casino and gaming solutions, revealed it has inked a partnership agreement with the largest gaming operators on the territory in the Netherlands – Nederlandse Loterij. Currently, the latter is the company that runs the Dutch Lottery as well as many other gaming brands in the country. The Chief Executive Officer of Evolution Gaming Group Martin Carlesund commented on the newly-inked collaboration deal, saying that everyone at the company’s team were very glad they were to join forces with the largest and most reputable…

One of Australia’s largest entertainment groups, Crown Resorts, has agreed to dispose of its remaining holdings in the casino joint venture with Melco Resorts. The company revealed that it has put an end to the joint venture, and Melco Resorts and Entertainment announced the launch of a public offering of approximately 28 million American depositary shares. The public offering follows a repurchase of Crown’s remaining stake in the joint venture. The latter currently operates casinos located in Manila and Macau. Also, as a result of the sale announcement, Melco Resorts…

The leading UK bookmaker William Hill published its trading statement for the unaudited 17-week period which ended on April 25th 2017, revealing certain growth in wagering and net revenue across all four divisions of the company. The gambling and sports betting operator celebrated online growth and commented that it experienced a positive start of the current fiscal year. The Chief Executive Officer of William Hill, Philip Bowcock, said that the bookmaker had experienced a pretty successful start of the year, and that the company was in line with the 2017…

The Macau gambling behemoth Galaxy Entertainment has declared its determination to get a casino licence in Japan, entering in what has already turned into a fierce battle between leading gambling operators. A number of gaming moguls, including MGM Resorts, Wynn Resorts, Melco Resorts & Entertainment and Las Vegas Sands have all previously shared their intentions to unveil casino resorts in Japan, with them all fighting to get as much as they can of the industry which legalised casino gambling only a few months ago, at the end of 2016. The…

The leading gaming and betting software provider BetConstruct revealed that it managed to expand its UK presence by bolstering its business-to-customers Remote gambling licences granted by the UK Gambling Commission (UKGC) with both Casino and Pool Betting. The currently existing remote betting licence of BetConstruct was granted by the UK gambling regulatory body in 2016, and the new additions come as a variation to that licence. The Chief Operating Officer of the gaming software supplier Sergey Harutyunyan commented on the Remote gambling licence expansion, saying that the entire team of…

The provider of virtual games Kiron Interactive continues to follow its global expansion and consolidation strategy, as it has managed to boost its reach in Africa thanks to inking a partnership agreement with the leading online gaming and sports betting operator in Asia, Dafabet. The addition of Kiron’s content is among the first steps made by Dafabet into the African market, after carrying out an official launch in Kenya. The Chief Executive Officer of Kiron Interactive, Steven Spartinos, commented on the expansion initiated by the company, saying that Kiron had…

The Scottish Daily Fantasy Sports operator Premier Punt has officially announced the beginning of the first phase of its new innovation – a product that combines sports betting and fantasy sports betting options in a single platform. The Chief Executive Officer of Premier Punt John Gordon described the new platform as the latest development in the DFS industry and shared that everyone at the operator’s team were very happy with the fact they managed to start working on a one-of-a-kind Daily Fantasy Sportsbook Application. According to Mr. Gordon, the new…