Author: Olivia Cole

Online and mobile casino games provider Yggdrasil Gaming announced that it is to set foot in Italy. The company confirmed that it has started the process of platform and games certification in line with the technical requirements of the Italian market. This will be the first time when the gaming offerings of the company are to be available to Italian customers, which would help the provider stick to its expansion strategy in one of the most lucrative jurisdictions in Europe. This move once again highlights the fact that Yggdrasil is…

The leading innovator at the gaming and lottery systems Scientific Games, which operates in the UK under its subsidiary SG Gaming revealed that its acquisition of DEQ Systems Corp. was finalised. The takeover of the Canadian market leader in table games, progressive systems, utility solutions and live proprietary table games is expected to be greatly beneficial for Scientific Games, as it would help the latter expand its portfolio for casinos with innovative and qualitative product range. The transaction was completed with the help of McMillan LLP that acted as legal…

Today, the casino, betting and gambling giant Ladbrokes Coral published a trading statement, saying that the Group’s annual operating profit is expected to correspond to the initial outlook, in spite of the company’s performance was hurt by poor sporting results in December 2016. The Chief Executive Officer of the combined entity Jim Mullen commented on Ladbrokes Coral announcement, describing the last fiscal quarter of 2016 as three months full of important activities and changes. He highlighted the merger completion, along with the betting outlets disposals, the successful integration progress and…

The Swedish gaming operator Cherry, which has recently been granted with an operating license by the UK Gambling Commission, had revealed that its Chief Executive Officer Fredrik Burvall is to step down. The decision was made after both Mr. Burvall and the company’s Board of Directors have agreed on the matter. The Chairman of the Board Rolf Alkerlind said that Mr. Burvall had been on top of the company at a time when Cherry had faced rapid expansion and successful performance on world’s regulated markets. He reminded that the revenue…

The Gibraltar-based international business-to-business gaming solutions and services provider Nektan, which is primarily focused on casino and bingo markets officially announced a new appointment to its management team. The company revealed that Patrick Sinclair was appointed at the position of Chief Financial Officer with immediate effect. Nektan also explained that Mr. Sinclair is planned to join the company’s Board of Directors at the appropriate time. The new addition to Nektan’s executives team is known for being a Chartered Accountant. Mr. Sinclair have been qualified with PricewaterhouseCoopers more than decade and…

A year rich in events has passed for the UK gambling industry only to march into a new one that may prove to be even more challenging. A crackdown on the fixed-odds betting terminals is looming. Regulatory measures are expected to be introduced, ones that will probably change the UK gambling landscape in a manner that will be found particularly unfavourable to operators with long heritage in the retail gambling trade. Yet, if growing concerns are set to the side for a moment, it should be noted that UK gambling…

The Malta-based GoWild casino, which is among the leading online gaming operators on the territory of Europe, revealed that its new platform is to feature content from over 15 leading gaming software providers. Currently, the platform has been working in collaboration with Isle of Man-based developer Microgaming. After being established in 2008, GoWild managed to become one of the major online gaming operators. The brand works under an operating license issued by the Malta Gaming Authority. The brand has already filed an application for operating license in the UK, and…

The leading gambling software provider Playtech confirmed that that it has appointed Mr. Alex Latner, a long-time Berwin Leighton Paisner client relationship partner, at the position of General Counsel. Isle of Man-based company also revealed that BLP is to remain as an advisor to the gambling software supplier, but their partnership is to be handled by two corporate partners, named Benjamin Lee and Gareth Jones. Mr. Latner takes over the position of General Counsel in succession of David McLeish, who left the software provider at the beginning of 2016 after…

One of the leading end-to-end software casino, gaming and lotteries operators’ suppliers NYX Gaming Group announced an important management addition to its Executive Team. The appointment has been revealed in line with the company’s strategy to put more efforts in the further development of its execution capabilities. As revealed by NYX Gaming itself, the position of Chief Legal Officer has been occupied by Todd McTavish. His responsibilities will include leading the legal and compliance functions of the Group. The appointment will come into force on January 16th, 2017. Mr. McTavish…

The leading gaming software and solutions provider Playtech issued a trading update for its full-year 2016 financial results. The LSE-traded company also announced a directorate change in a special press release published on its website. As revealed by the supplier itself, Playtech’s Board of Directors has decided to strip Ron Hoffman off his responsibilities as Chief Financial Officer and make him take over the Chief Executive Officer role at the company’s Financial division. The change in Mr. Hoffman’s position at the company will also see him immediately stepping down from…