Company Reports

The market-leading online gaming solutions provider Gaming Innovation Group Inc. (GIG) revealed that it had agreed to take over all assets in one of the largest networks in Scandinavia through its subsidiary Innovation Labs. The company is to acquire Skt Marketing Ltd at the total prize of NOK204 million. This is the fourth affiliate takeover deal for Gaming Innovation Group in 2017 so far, with the company managed to rank among the leading players at the Nordic market as far as the latter’s affiliate segment is concerned. As revealed by…

The world’s leading mobile and online casino games provider Betsoft Gaming revealed that it has signed a partnership agreement with a new Asian-facing operator HBet63. The latter is currently aimed at covering the markets of China, Malaysia and Singapore. The Business Account and Sales Manager of Betsoft Gaming Joya Zhang described HBet63 as a new player in the Asian market, that could actually turn out to be a rising start, since it had made a promising start. Joya Zhang also explained that Betsoft Gaming’s team projected great results to be…

Daily fantasy sports operators DraftKings and FanDuel revealed that they have put an end to their merger plans after facing a legal challenge by US antitrust authorities. The long-desired merger deal between the two companies has faced a lot of criticism lately, with the US Federal Trade Commission (FTC) and some rival operators vigorously opposing the agreement. As reported by Casino Guardian last week, the operators defended their merger on numerous occasions, saying that it would not have a negative impact either on customers or on local competition. Only a…

The award-winning sports betting company SBTech announced the official launch of winmasters.com.cy, thanks to which the company has become the first-ever sportsbook platform supplier to set foot in the market of Cyprus. The release came as the next step of the expansion strategy of the operator and was carried out only six months after SBTech signed a partnership contract with Winmasters. The Chief Executive Officer of SBTech Richard Carter commented on the website release, saying that the launch was timely and successful. He also revealed that it was a great…

The US gambling products, services and solutions provider Scientific Games Corporation announced that it has acquired the UK-based gaming options developer Red7Mobile Ltd, a company engaged in the development and delivery of desktop and mobile gaming innovations and sports applications aimed at various gaming partners. Thanks to the acquisition, Scientific Games would boost its portfolio with a great number of interactive and mobile table and slot games, as well as instant win games and scratch cards. The Chief Executive Officer of Scientific Games Interactive Barry Cottle commented on the content…

At the end of last week, the leading mobile gaming operator LeoVegas revealed that the official launch of its LeoVegas Sport service on the territory of Denmark. The Sports service of the gaming provider is to supply local customers with betting and live betting options, following the Danish license for sports betting that the company has been granted with by the country’s competent regulatory authorities. Under its sports betting license, LeoVegas will be able to offer around 100,000 betting games on a daily basis, involving over 40 different sports on…

The leading provider of casino, sportsbook, bingo and lottery services NYX Gaming Group revealed that it has reached a partnership agreement with GoldBet. The latter, known as one of the top sports betting operators on the territory of Italy, has managed to expand its content offering by becoming part of the award-winning NYX Open Gaming System (OGS). Under the terms of the agreement, GoldBet added various NYX Gaming Group services, so now its customers would be able to access literally thousands of slot games, poker and bingo through a single…

Gibraltar-based leading global business-to-business gaming solutions and services provider Nektan Plc published a business update. The company also provided a trading update for the quarter which ended on June 30th 2017, as well as information about the new interim Chief Operating Officer appointment and the agreement regarding Nektan Marketing Services (NMS). The Interim Chief Executive Officer of Nektan Gary Shaw commented on the company’s results, saying that the gaming services and solutions supplier continued to expand its three divisions. Mr. Shaw also shared that he was encouraged by the casino…

The UK-based gambling operator Sky Betting & Gaming revealed that it has reached a multi-product renewal of its partnership agreement with Playtech, which is currently considered the leading Omni-channel gaming software supplier on a global scale. The extension of the collaboration deal covers the special Playtech Casino, which is a specially-created Live Casino environment. A Bingo and dedicated Bingo network are also available. Sky Betting & Gaming’s Chief Executive Officer Richard Flint shared his delight with the partnership his company had had with Playtech over the years and confirmed that…

The leading performance marketing company Catena Media has revealed that it would acquire sports news and betting tips publisher Bettingpro.com as well as its related affiliate assets. The decision of the Malta-based company to do that comes as part of its focus to boost its sports betting division. The announced takeover price of the deal is estimated to a total of £13.9 million. At the time when the deal is finalised, Catena Media is to pay the amount of £11.9 million, while the remaining £2 million are to be paid…