Company Reports

UK-based online gambling company GVC Holdings has managed to expand its presence on the Spanish betting market thanks to a number of sponsorship agreements inked within a fortnight only through its online betting subsidiary bwin. All three football clubs are considered as some of the best clubs in the country’s La Liga. Last week, bwin, which is currently one of the leading British bookmakers, has announced two new sponsorship agreements with Spanish football clubs. La Liga’s Sevilla FC and Atletico Madrid were the first two clubs to sign sponsorship agreements…

Playtech’s subsidiary BGT Sports, which was established last year after the takeover of Best Gaming Technology, revealed its willingness to launch its new BetTracker product. The gaming software supplier division, which has been one of the leaders in retail technology in the gaming and betting industry, is currently focused on the release of the innovative mobile application which would provide the brand’s customers with the opportunity to place their sports bets in the betting outlets and then transfer them directly to their mobile phones. The Managing Director of the PBS’s…

One of the largest British bookmakers, William Hill, has today announced its final results for the fiscal 2016, revealing that its full-year profit corresponded to the company’s revised forecast. The Interim Chief Executive Officer of William Hill – Philip Bowcock – commented on the company’s performance, calling 2016 a “challenging year” for the bookmaker. Mr. Bowcock said that the company had managed to make considerable operational progress, due to which it had an encouraging start of 2017. William Hill’s Interim CEO also reminded of the steps taken by the company…

One of the largest online and mobile game suppliers iSoftBet revealed that it has agreed a content partnership agreement with the Interactive division of the British bookmaker William Hill. Under the terms of the deal, iSoftBet, which specialises in creating high-quality and innovative gaming content, is to provide its entire suite of gaming solutions to the Interactive Online arm of William Hill. The product offering of iSoftBet that is to be made available to William Hill customers both on desktop and mobile devices via Openbet RGI integration. The Marketing Director…

Kindred Group, one of the fastest growing online gambling operators in Europe, revealed that it has reached an agreement for a recommended cash offer for the British online casino company 32Red. As announced by Kindred, which in the past was known as Unibet, the Boards of the two companies agreed on the terms of the offer under which Kindred Group is to acquire all current and future assets of 32Red. The acquisition bid has estimated 32Red at £175.6 million. The takeover deal comes in line with the multi-brand strategy of…

The online and mobile gaming products and solutions provider Yggdrasil Gaming, which operates as a subsidiary of Cherry Ab, revealed its fourth-quarter and full-year results, celebrating an extremely successful year for the brand. The Chief Executive Officer of Yggdrasil Fredrik Elmqvist commented on the company’s performance, saying that Yggdrasil has gone through another consecutive quarter of stability, seeing excellent growth generated, new partnership contracts, as well as new games releases. Mr. Elmqvist explained that the quarterly figures were particularly pleasing, especially considering the fact that Yggdrasil’s revenues soared by 207%.…

The international online bookmaker SBOBET which operates as a subsidiary of Celton Manx, has extended its partnership agreement with the Ireland Premier Division Dundalk Football Club. The Executive Director of Celton Manx Bill Mummery commented on the partnership expansion, saying that everyone at the e-gaming products and services provider’s team had been very glad with the fact that SBOBET subsidiary of the company had managed to renew its sponsorship deal with the Irish Dundalk Footbal Club. Mr. Mummery explained that the partnership would be beneficial for both parties, and further…

The Swedish gaming company Cherry AB revealed that it has appointed a new Chief Executive Officer right before it published its full-year results for the fiscal 2016. The company’s Board of Directors has decided to put Anders Holmgren on top of the company. Mr. Holmgren has previous experience at the position of acting Chief Executive Officer, and will now immediately become the ordinary CEO of Cherry AB. He is to resign as a member of the Board of Directors and will take over the boss’ position from Fredrik Burvall. According…

The leading gaming content and software solutions, services and systems developer Playtech announced that it has inked a strategic partnership agreement with Captain Up, which would help it provide its customers with the change to analyse, encourage and reward their players with high-quality gaming, communication and social tools. The Chief Operating Officer of Playtech – Shimon Akad – commented on the collaboration deal, saying that the integration with Captain Up, a real-time engagement and retention platform, gave the company’s licensees with the opportunity to access a greater variety of high-end…

The iGaming solutions provider Gaming Innovation Group (GIG) officially revealed that it was issued a sports betting licence by the UK Gambling Commission (UKGC). This type of licence will provide GIG with the chance to hold operator brands, third-party operator customers and white label partners of its subsidiary business-to-business provider iGaming Cloud in order to offer its high-quality sports betting solutions in the UK, which is currently considered as the largest online gaming market on the territory of Europe. The Chief Executive Officer of GIG Robin Reed commented on the…