As Casino Guardian has recently reported, the UK-based supplier of Server Based Gaming (SBG) systems, casino, sports betting, VLT and bingo options Inspired Gaming Group had published a report analysing its major accomplishments over the second half of the current fiscal year. However, not only H2 was busy and successful for the company, but 2016 as a whole. Inspired Gaming Group, established in 2006, celebrates a decade in the market, with an extremely successful performance in the market. This year was filled with a massive number of partnership deals for…
Read MoreAuthor: Olivia Cole
Yggdrasil Celebrates 2016 as Year of Prosperity
It seems that the year 2016 has been quite successful for the Malta-headquartered provider of online and mobile casino games Yggdrasil Gaming. The provider has managed to become one of the most-respected and reliable partners to a great number of operators such as bet365, Mr Green, bwin.party, LeoVegas, Betsson Group, Unibet, Cherry, etc. In 2016, a lot of things happened to Yggdrasil. Starting from multiple games releases, obtaining operating licenses and inking a great number of partnership agreements to end with with posting massive increase in its revenues over the…
Read MoreWilliam Hill Leaves Czech iGaming Market
UK sports betting and gaming operator William Hill has decided to leave the Czech Republic as a new gambling regulatory regime readies to take effect in the Central European country. William Hill has informed local players and affiliates that its products will no longer be available in the Czech Republic from 1 January 2017 when the new law is set to become effective. The operator has assured its Czech customers that they will be able to withdraw their money from their accounts. William Hill has also requested that local affiliates…
Read MoreNektan Revenue Jumps in 2016 Financial Year
Gibraltar-headquartered provider of mobile solutions and related services for the international gambling industry Nektan plc today reported its results for the fiscal year ended 30 June 2016 and provided a trading update for the three months ended 30 September 2016. The company posted a 1,402% increase in full-year net gaming revenue. It amounted to £5.8 million, up from £528,000 generated in 2015. However, the company saw adjusted EBITDA drop further during the past fiscal year to a negative of £5.7 million. Operating loss totalled £8.3 million, compared to £7.2 million…
Read MorePlayson to Develop Casino Games with Ukraine’s Lucky Labs
UK Gambling Commission-licensed casino game developer Playson has partnered Ukrainian technology company Lucky Labs, the two parties announced on Wednesday. Their collaboration will see Playson’s suite of both desktop and mobile games boost its new partner’s own offering. The two companies will also work closely together to develop new gaming titles for the international online gambling industry. They will create custom game designs for operators that opt for customized and personalized gaming content for their customers. As mentioned above, Playson games will be distributed to existing and new Lucky Labs…
Read MorePlaytech Boosts Gaming Division with Heavy Acquisition Activity in 2016
Apart from being a leading provider of omni-channel offering for the global gambling industry, Playtech has also made its name as one of the companies within the field to be particularly active on the acquisition front. And if 2015 was the year that saw the Isle of Man-based supplier boost its newly created Financials division with the purchase of key entities, it seems that it has focused more of its attention to expanding its gaming business this past year. Competition within the gambling industry has been growing at immense pace…
Read Morebwin.party Acquisition Drives Ahead-Of-Expectations Performance for GVC Holdings
Prior to acquiring bwin.party, Isle of Man-based GVC Holdings was a multi-brand company with both B2B and B2C gambling operations in a plethora of jurisdictions. After the £1.12-billion-worth acquisition was finalised on 1 February 2016, GVC Holdings extended its footprint, added popular sports betting and gaming brands to its existing offering, and, as it seems, strengthened its position in the highly competitive online gambling environment. The company’s latest financial reports and trading updates have shown that the bwin.party acquisition was a fruitful deal, or at least it seems so for…
Read MorePaddy Power Betfair Up to Continued Growth in First Post-Merger Quarters
The past year has been particularly important for Paddy Power Betfair as the gambling operator has made its first steps as a merged entity. And judging by its quarterly results, it could be said that the consolidation between Paddy Power and Betfair, two companies with multi-channel presence in the gambling industry and footprint in key markets, has proved to be a positive move, for now at least. Paddy Power Betfair came to being on February 2nd, 2016 from the £5-billion merger of the above gambling companies. During its first quarter…
Read MoreSIS Remains as Only Provider of Its Race Day Data
The leading provider of betting services and data provider SIS, which operates in both the retail and online betting markets, revealed it has quitted licensing agreements with other providers of its greyhound racing and horse racing data to the web-based bookmaking industry. The company announced that it is to be the only provider of its premier international horse racing content, as well as to Irish horse racing and UK horse racing from 20 courses. The Commercial Director of SIS Paul Witten commented on the announcement, describing the decision as a…
Read MorePlaytech Consolidates Finnish Presence through FRV Contract
One of the most successful gaming content, systems and services developer Playtech, which is currently among the leading gaming software suppliers on a global scale, has reached an agreement of major importance with FRV Finland group’s key brand Veikkaus. The Chief Operating Officer of Playtech Shimon Akad explained that the agreement with Veikkaus comes as an important step for the company, as it would help it extend its presence on the territory of Finland. He also added that the deal would help the UK-based gaming software supplier with consolidating its…
Read More