Company Reports

The leading gaming software developer Betsoft revealed that it has reached a partnership agreement with the operator of the gaming website VoodooDreams.com – Suprnation. Under the terms of the collaboration deal, the 3D video slots collection Slots3 and the mobile games suite ToDo provided by Betsoft are to go live with the VoodooDreams.com website. This is expected to greatly expand the reach of the gaming software provider and make its products available for the playerbase of Suprnation. The Vice President of Sales and Marketing division at Betsoft Mark McKeown commented…

Today, the UK-based online betting operator Paddy Power Betfair revealed its post close trading update for the fourth fiscal quarter of 2016, which ended on December 31st, 2016 as well as for the whole fiscal year ended at the same date. The company, which was formed in 2016, after the two betting operators Paddy Power and Betfair joined forces to form one of the betting giants in the country, announced that its group revenue registered a 18% increase year on year over the fiscal 2016, reaching £1,551 million. In addition,…

The beginning of the year 2017 started dynamically for International Game Technology (IGT), with not one, not two, not three, but five partnership agreements and deal extensions. The leading gaming company announced the first one at the very beginning of the month – on January 4th, while the other four were revealed in period of just a couple of days. The five contracts signed by IGT through its international subsidiaries come as a proof of the firm desire of the company to expand its reach on a global scale, reaching…

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…