Author: Olivia Cole

Camelot UK Lotteries Ltd revealed its financial results for the first six months of the 2016/2017 fiscal year. The company announced that the ticket sales in the National Lottery amounted to a total of £3,389 million over the period from April 1st to September 24th. The Chief Executive Officer of the company Andy Duncan shared that in his opinion the performance of the National Lottery operator over the first half of the fiscal year represented one of its best since the establishment of the National Lottery in 1994, despite the…

Last week, the Canada-based company Intertain Group Limited revealed its preliminary results for the third-month and nine-month periods ended on September 30th. Finally, the operator has officially announced its financial results for the above-mentioned periods. The President and Chief Executive Officer of Intertain Andrew McIver commented on the company’s performance, describing it as a strong one. According to him, the financial data provided came as a proof of the increasing popularity of Intertain’s brands among customers. Mr. McIver explained that the higher revenue has been pushed up by the stable…

The UK-based software developer VSoftCo Ltd, which specialises in creating high-quality software for the global virtual sports market, officially announced that it has opened a Hong Kong office of the brand that is to currently cover the region of Asia. The news comes at a time when the British software supplier has been focused on expanding and consolidating its presence in the Asian market. The position of VSoftCo’s Asian operations has been occupied by newly-appointed Eric Liang. Mr. Liang is expected to remain particularly focused on following the company’s policy…

The Grosvenor Casinos brand of the British gambling company Rank Group has expanded its offering with a sports betting service that is available to both its land-based and online customers. The new sports betting service of the company is powered by the business-to-business sports betting solutions provider Kambi Group. The Head of sport of the Grosvenor Casinos Steve Munns commented on the new addition to the company’s portfolio, saying that the Grosvenor Casinos brand were fully committed to providing their customers with the best product that is currently available at…

The leading gaming software supplier Playtech revealed that it is to acquire the technology company Consolidated Financial Holdings A/S in order to enhance its Financial Division’s business-to-business offering. The acquisition is expected to be finalised on November 30th 2016. With the completion of the deal, Playtech is to get a majority stake of 70% in CFH. The remaining 30% stake in the CFH is planned to be subjected to the so-called put and call options between the management teams of the two companies. The price of the deal is estimated…

Global betting and gaming company William Hill published its trading update for the 17-week period from June 29th to October 25th 2016, which is the second half of the fiscal year to date, and for the 43-week period ended on October 25th 2016. Apart from the trading update, the company today also announced three new appointments to its Non-executive Directors team. The Interim Chief Executive Officer of the UK-based bookmaker Philip Bowcock commented on William Hills’ performance over the above-mentioned period, saying that the company’s team had still been focused…

The premium online and mobile casino software supplier iSoftBet revealed that it has signed a new partnership agreement with the Austria-based gambling operator AMATIC Industries GmbH. The boss of iSoftBet’s Head of Business Development unit Michael Probert commented on the collaboration agreement saying that the Game Aggregation Platform (GAP) of the UK-based company had managed to develop to a great extent over the past year. According to Mr. Probert, the company had some pretty distinctive features, especially when it came to the content provided by it. The Business Development Division’s…

One of the largest gaming content and software services and solutions suppliers – Playtech – has officially released a new live casino HTML5 roulette product. The game, which has been launched across the entire network of Playtech’s licensees, is considered as an entirely new generation product, which is why it is expected to help the company increase its influence in the live gaming market even more. Playtech also revealed that the majority of players have decided to migrate to the improved roulette version within two days of the live HTML5…

The digital entertainment company NetEnt revealed that has extending its already existing online business collaboration with one of the leading sports betting operators on the territory of the UK – Paddy Power Betfair, by inking a new agreement with the British company. Under the terms of the deal, the Swedish gaming solutions developer is to license some gaming content that is to be used by Paddy Power in its retail gaming machines in the UK. The Managing Director of NetEnt Malta, who is also the Chief of the company’s Market…

The Swedish gaming company Cherry announced that its iGaming’s affiliate PlayCherry Ltd has received a gaming operating license from the UK Gambling Commission (UKGC). The operating license covers not only the casino operations of the subsidiary, but also sports betting ones and provides it with the chance to deliver its offerings to the UK gambling and sports betting market. The Chief Executive Officer of Cherry iGaming Jonas Wåhlander commented on the company’s announcement, describing the license granted by the UKGC as one of the milestones of the company’s development. According…