Company Reports

Today the web-based and mobile casino operator Yggdrasil Gaming, which currently operates as a subsidiary of the Swedish gaming company Cherry Ab, revealed that it has reached a partnership agreement with the Maltese iGaming services provider Gaming Innovation Group (GIG). Under the terms of the deal, Yggdrasil Gaming is to provide its entire portfolio of award-winning video slots to GIG. The Chief Executive Officer of Yggdrasil Gaming Fredrik Elmqvist shared that everyone at the company’s team wa excited to be joining forces with Gaming Innovation Group. He also described the…

William Hill has had quite tumultuous several years, maybe the most tumultuous ones in the operator’s more than an eighty-year history. In 2016, that burdensome period culminated in the company lowering its operating profit forecast, ousting its CEO, and walking out of two multi-billion merger and acquisition deals that would have either improved its uncomfortable state or made it even more uncomfortable. Founded in 1934, William Hill has firmly established itself as a leading bookmaker and gambling operator, as a whole. Over the past eight decades, the company has seen…

The UK-based provider of virtual sports, SBG video lottery and mobile gaming solutions Inspired Gaming Group announced that it has inked an exclusive long-term collaboration agreement with The Jockey Club and Carm Productions. The deal would result in producing a one-of-a-kind Virtual Grand National. The Chief Commercial Officer at the Digital Games division of Inspired Gaming Steve Rogers said that the virtual races provided by the company were currently reached by customers in more than 50,000 outlets all over the world. According to him, they had become an important part…

The prominent subsidiary of Cherry Ab – the online and mobile casino gaming operator Yggdrasil Gaming officially announced that it has inked a deal with the platform and content supplier Tain. Under the terms of the agreement, Yggdrasil will provide Tain, which is known as one of the longest-serving platforms in the online gaming industry, with its portfolio of high-quality video slots games. The Chief Executive Officer of Yggdrasil Gaming Fredrik Elmqvist commented on the agreement, saying that the entire team of the company was very happy with the fact…

Malta-based performance marketing company Catena Media has finalised another large acquisition in the UK, which comes as part of Catena’s strategy to consolidate its fast-growing presence in the European lead generation market, and more specifically in the iGaming sector. The company announced it has acquired the website of the Casino UK brand – casinouk.com – together with its related assets at the prize of €10.6 million. The prize of the takeover agreement will be paid as soon as the deal is finalised. The Chief Executive Officer of Catena Robert Andersson…

The online gambling operator Mr Green started trading of its shares on the Nasdaq Stockholm market, becoming the 76th company that got listed at the main Nasdaq’s Nordic markets in 2016. The official start of trading was given as planned on November 30th. The Senior Vice President and Head of European listings at Nasdaq Adam Kostyál welcomed the Stockholm-based company to the main market of Nasdaq, saying that the company would be one of the greatest additions to the operators included in the consumer services sector. Mr. Kostyál congratulated the…

The online casino and gambling software developer Playtech officially revealed that its co-founder Teddy Sagi has disposed of 12% of his stake in the company at the price of £329 million, which accounts for 850 pence per share. The stake that has been sold was larger than the 10% that were originally planned to be traded. In the statement confirming the deal, Playtech revealed that the placing is planned to settle on Friday. The company also emphasized on the fact that it is not party to the placing, so no…

Today, the UK National Lottery operator Camelot published an official statement, revealing that two days ago, on November 28th, the company became aware of “suspicious activity” affecting a small number of players as part of its monitoring of online security. Regardless of the speculations in the media, the company shared that neither the core National Lottery systems, nor the its databases were affected by an unauthorised access, so no actions affecting the National Lottery draws or prize payments were inflicted. In addition, no money has been embezzled through deposits or…

The Malta-based iGaming services provider Gaming Innovation Group (GIG) revealed that it has made some changes to its senior management team. The overhaul came as part of a new organisational restructure that is planned to have a major and widely applicable effect on the company’s operations. It is also initiated in order to assist the successful integration of the assets that have recently been acquired by the company and added to its online gaming and betting brands’ portfolio. A new business-to-consumer unit of the company has been established in order…

The UK-based leading online slot gaming operator Stride Gaming plc officially announced its results for the fiscal year which ended on August 31st, 2016. The Chief Executive Officer of Stride Gaming Eltan Boyd shared he was very satisfied with the excellent results presented in the annual financial report of the company. He explained that it was a great thing the web-based slots operator had managed to deliver strong organic growth and also praised the fact that the company had undertaken some transformational acquisitions. He reminded that the company owned a…