Smarkets Posts Annual 429% Revenue Increase

Smarkets Posts Annual 429% Revenue Increase

The UK-based professional online betting exchange Smarkets has posted its 2015 annual report for the period that ended on December 31st. The company was established by Jason Trost, who worked with a team of professional teams consistent of software engineers and financial executives. The British betting exchange has managed to become one of the leading start-ups in the industry. It has received support from two of the major venture capital funds on the territory of Europe – T-Venture and Passion Capital. According to the report posted by the company, Smarkets’…

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Realistic Games Inks Content Distribution Deal with Betsson

Realistic Games Inks Content Distribution Deal with Betsson

UK-based software provider Realistic Games has announced that it has reached an agreement with the Swedish company Betsson AB. Under the terms of the deal, the British company is to supply its games portfolio to Betsson. The Chief Executive Officer of Realistic Games Andy Harris commented on the deal, saying that the company considered Betsson as one of the largest and most innovative web-based casino operators. He shared that everyone at the UK-based company were happy by the content supply deal. According to Mr. Harris, the latest deal of the…

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Sportito to Offer Daily Fantasy Sports Service under UKGC License

Sportito to Offer Daily Fantasy Sports Service under UKGC License

London-based daily fantasy sports brand Sportito entered the UK gaming market after being granted with a license from the UK Gambling Commission (UKGC). The operator, which was officially launched in August, is also focused on gaining operating license not only in the UK, but on other European markets as well. For instance, it is currently negotiating with the competent authorities in Italy and some countries that would allow it to operate on their territory through a licence gained in Malta. The company’s website provide British players with a great variety…

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Playtech Sports Announces Major Management Team Additions

Playtech Sports Announces Major Management Team Additions

The sports division of Playtech – Playtech Sports – made an official announcement on the company’s website, revealing a number of key appointments in its management structure. There are three new additions to the division’s senior management structure which happen right ahead of several extensive Playtech ONE projects and recent takeover deals, including the one of BGT in July 2016. The Chief Executive Officer of Playtech Mor Weizer commented on the latest management appointments came as part of the division’s strategy to finally create an excellent gaming experience for the…

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GIG Expands in Slovakia Due to iGC Content Deal with Niké

GIG Expands in Slovakia Due to iGC Content Deal with Niké

The Malta-based Gaming Innovation Group (GIG) Inc., which also holds a license granted by the UK Gambling Commission, is currently among the most rapidly expanding providers of gambling and entertainment solutions. Today, the company announced that it is to expand in Slovakia and revealed that it has inked an agreement with one of the major local operators Niké. This is the 20th content deal the company has entered into to date. Commenting on the latest deal GIG has entered into, the Chief Executive Officer of the company Robin Reed said…

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Sky Betting & Gambling Dismisses IPO Rumours

Sky Betting & Gambling Dismisses IPO Rumours

The management team of Sky Betting & Gambling has revealed that the UK-based company has not made any plans regarding an eventual Initial Public Offering (IPO) yet. The betting and gambling operator has made a move to put an end to the rumours that have been roaming in the industry ever since CVC Capital Partners which are the private equity owners were reported to have been considering to offer the company’s shares for sale on the stock market at the beginning of 2017. According to some rumours, reported by The…

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Stride Gaming Completes a Series of Bingo Brands Acquisitions

Stride Gaming Completes a Series of Bingo Brands Acquisitions

The London-based online gaming operator Stride Gaming that currently operates on several brands, has made an official announcement of the completion of the acquisitions of the Tarco Assets, 8Ball and Netboost Media. The company’s Chief Executive Officer Eitan Boyd called the recently inked deals an “exceptional period” for Stride Gaming. He added that the operator intended to continue following its strategy in order to see itself becoming the fourth largest online bingo operator on the territory of the UK. As Mr. Boyd revealed, the recently completed acquisitions would increase the…

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Evolution Gaming Joins Forces with iSoftBet for New Studio in Romania

Evolution Gaming Joins Forces with iSoftBet for New Studio in Romania

One of the leading companies in video-streamed Live Dealer casino games on a global scale – Evolution Gaming – has officially announced its plans to release a new studio in Romania. The studio would be launched in collaboration with the UK-based online and mobile casino software provider iSoftBet and will be the first in Romania. As revealed by Evolution Gaming in its statement, the studio would be fully-certified and will be located at the Grand Casino Budapest. Commenting on the deal with iSoftBet and the plans of launching the studio,…

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Betsoft Gaming Inks Agreement with Xile99 to Expand Asian Presence

Betsoft Gaming Inks Agreement with Xile99 to Expand Asian Presence

One of the major 3D game developers Betsoft Gaming has revealed that it inked a partnership deal with the Code Cloud-operated Xile99.com. Thanks to the agreement, the Maltese gaming provider will expand its presence on the Asian market. The Business Account and Sales Manager of Betsoft Gaming Joya Zhang commented on the companies’ collaboration, saying that Xile99.com was known for its quick progress on the Asian market. Zang also added that Xile99 were also focused on expanding their gaming solutions in order to meet the rapidly growing playerbase, so the…

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iSoftBet Signs Content Distribution Deal with Realistic Games

iSoftBet Signs Content Distribution Deal with Realistic Games

The premium British online and mobile gaming software provider iSoftBet has signed a content distribution deal with the award-winning slots and table games developer Realistic Games. Under the terms of the agreement, the Realistic Games’ gaming portfolio titles will be distributed via iSoftBet’s channels. The Head of Business Development at iSoftBet Michael Probert commented on the company’s most recent deal, saying that Realistic Games were known as a reliable and stable partner that had a great reputation when it came to high-quality games development. Mr. Probert also shared he had…

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