Company Reports

The Isle of Man-based online gambling company GVC Holdings announced that it was focused on the disposal of its payment processing subsidiary which currently operates under the Kalixa Group brand. The gaming and sports betting company first shared that in its interim financial statements which were issued on September 20th, 2016. The Chief Executive Officer of GVC Holdings Kenneth Alexander commented on the announcement, saying that the disposal came in line with the company’s plans that had been revealed earlier in 2016. Mr. Alexander shared that GVC payments would still…

The online and mobile casino games provider Yggdrasil Gaming revealed that it has entered into a partnership agreement with Gibraltar-based online lottery operator Lottoland. As part of the deal, the full range of slots games provided by Yggdrasil will be directly integrated in the platform of the lottery betting operator. The Chief Executive Officer of Yggdrasil Gaming Fredrik Elmqvist described Lottoland as one of the most successful companies in the online gaming sector over the past few years. According to him, it was a great thing to integrate the online…

Gibraltar-based gambling company 888 Holdings, which is among the most popular and well-established online gaming solutions and entertainment providers on a global scale, reported its trading expectations. The announcement comes right before the company enters the close period in respect of its annual results for the fiscal year that is to end on December 31st, 2016. The Chief Executive Officer of 888 Holdings Itai Frieberger commented on the company’s report, explaining that the online gambling company had continued generating strong progress in the light of its growth strategy. Mr. Frieberger…

The international gaming and sports betting company GVC Group revealed that the previously reported stable trading performance has continued through the fourth fiscal quarter of the year. The Group, which is one of the leading gaming operators in the UK to date, announced that its Board of Directors expects its pro forma Net Gaming Revenue (NGR) and adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) for the fiscal year ending on December 31st, 2016 to be at the upper end of the previously published outlook. The Chief Executive Officer…

The UK premium online and mobile casino software provider iSoftBet has joined forces with one of the largest and most popular gaming operators on the territory of Europe – Betclic Everest Group. As part of the deal, latter’s customers will be granted with access to iSoftBet’s unique slots games collection and table games. The Managing Director of iSoftBet Nir Elbaz commented on the deal, saying that it was a perfect fit to the company’s strategy for further expansion in global regulated markets. Mr. Elbaz revealed that iSoftBet was primarily focused…

The sports betting company Stanleybet, initially formed as an international subsidiary of Stanley Leisure plc, has reached an agreement with the gaming marketing optimisation specialist Beehive. Under the terms of the deal, Beehive is to provide Stanleybet with its qualitative CRM tools, which will be implemented in the online sportsbook operations of the company. The Head of Online Division of Stanleybet Gianluca Porzio commented on the deal, revealing that the gambling operator chose Beehive to join forces with, because the latter provided the only marketing optimisation tool which has been…

One of the longest-running platform and content suppliers in the industry – Tain Ab – has revealed its intentions to invest further efforts in expanding its sportsbook service. The company plans to do that by adding 5,000 live events on a monthly basis. The expansion of the company’s sportsbook services is the latest development which Tain undertook since the company was purchased by XIN Gaming in July 2016. The Managing Director of Tain Mathias Larsson commented on the company’s decision, calling the sportsbook service of Tain part of the best-established…

Today, the online and mobile casino gaming operator Yggdrasil that operates as a subsidiary of Cherry AB published an official press release, revealing it has inked a partnership deal with the debut brand of SuprNation – VoodooDreams.com. The Chief Executive Officer of Yggdrasil Gaming Fredrik Elmqvist shared that it was a great pleasure for his team to be working in collaboration with new operators that were trying to push their way in the industry. He said that everyone at Yggdrasil were absolutely glad with the fact they had managed to…

Inspired Gaming Group, the UK’s leading provider of mobile games, virtual sports and SBG video lottery products, provided a business update of its achievements over the second half of the year. The company also revealed which were the recent catalysts of its business over 2016 H2. The founder the Chief Executive Officer of Inspired Luke Alvarez commented on the operator’s performance over the second half of the year, saying that Inspired Gaming Group had shown steady progress in all digital product lines that were offered by the company. Mr. Alvarez…

The gaming operator Cherry AB officially revealed it has acquired the remaining 51% stake in the sports, casino and poker provider ComeOn. The latest takeover deal and the recent strong organic growth of the Swedish company are expected to result in a massive revenues increase which will lead to the company becoming the third largest private sector gaming company in the Nordic region. As revealed by Cherry, the acquisition of the remaining 51% stake in ComeOn is expected to be finalised in the first three months of 2017. The company…