Company Reports

The New Zealand Racing Board (NZRB) announced that it has given its consent to allow two gaming companies to deliver a new fixed-odds betting platform. The companies chosen by the New Zealand Racing Board to provide the technology solution as well as the necessary supporting data for the business are OpenBet and Paddy Power Betfair. Glenda Hughes, the Chairwoman of the New Zealand Racing Board revealed that thanks to the investment, the NZRB will get access to OpenBet’s leading fixed-odds betting engine. Ms. Hughes explained that the latter was used…

The iGaming turnkey solutions developer SoftSwiss revealed that it has inked a long-term license agreement with the market leader in supplying online casino, sports betting, bingo and lottery solutions, NYX Gaming Group Limited. Under the terms of the deal, selected qualitative content provided by NYX Gaming has already gone live in some casinos running on the gaming platform of SoftSwiss. The Chief Executive Officer of SoftSwiss, Ivan Montik, described the content partnership agreement as an important step for the company. Mr. Montik explained that the developer was focused on getting…

The leading premium gaming software solutions provider NetEnt announced that it managed to obtain a licence from the Gaming Policy and Enforcement Branch (GPEB). GPEG, which is the gaming regulator of the British Columbia has given its approval to NetEnt Americas, making it official supplier of British Columbia Lottery Corporation, which up to date is the only licensed gaming and lottery operator in the Canadian province. NetEnt Americas is the US-based subsidiary of the leading digital entertainment company NetEnt AB. The latter is currently one of largest and best-established gaming…

The leading software developer EveryMatrix revealed that it is to see the K8 casino website go live in the UK. The leading Asian facing brand K8 is also known as the major sponsor of the Premier League football team West Bromwich Albion F.C. The Chief Executive Officer of EveryMatrix, Ebbe Groes, commented on the upcoming release, saying that everyone at the company was thrilled with the fact they were to launch another Tier One operator in the UK regulated market, after investing in their gaming platform for a long period…

Yggdrasil Gaming, one of the fastest-growing online and mobile gaming solutions providers, announced its financial results for the first three months of the year. The company revealed that it had experienced a great start of 2017, after a pretty successful 2016 performance. Yggdrasil Gaming revealed continuous profits increase and projected further success over the upcoming quarters. The Chief Executive Officer of Yggdrasil Gaming, Fredrik Elmqvist, commented on the company’s performance over the first quarter of 2017, saying that the gaming solutions provider had managed to stay productive in the first…

The leading online and mobile gaming software provider iSoftBet is to further expand its presence in Lithuania. The company has inked a partnership agreement with the local operator Unigames so that it would be able to reach more new customers in the country and consolidate its positions on the local market. The Head of Business Development at iSoftBet, Michael Probert, commented on the newly-inked deal, saying he was very happy with the fact that the gaming software supplier had managed to expand its reach into Lithuania by inking a deal…

One of the largest bookmaking operators in the UK – Paddy Power Betfair – revealed that it has set foot into the US Daily Fantasy Sports market thanks to the purchase of the mobile-led operator DRAFT. The Chief Executive Officer of Paddy Power Betfair Breon Corcoran commented on the deal, saying that the entire team of the British bookmaker was very pleased with the fact that DRAFT was to become part of the Group’s family. Mr. Corcoran also explained that the purchase would give them the chance to further expand…

Evolution Gaming, a leading provider of live casino and gaming solutions, revealed it has inked a partnership agreement with the largest gaming operators on the territory in the Netherlands – Nederlandse Loterij. Currently, the latter is the company that runs the Dutch Lottery as well as many other gaming brands in the country. The Chief Executive Officer of Evolution Gaming Group Martin Carlesund commented on the newly-inked collaboration deal, saying that everyone at the company’s team were very glad they were to join forces with the largest and most reputable…

One of Australia’s largest entertainment groups, Crown Resorts, has agreed to dispose of its remaining holdings in the casino joint venture with Melco Resorts. The company revealed that it has put an end to the joint venture, and Melco Resorts and Entertainment announced the launch of a public offering of approximately 28 million American depositary shares. The public offering follows a repurchase of Crown’s remaining stake in the joint venture. The latter currently operates casinos located in Manila and Macau. Also, as a result of the sale announcement, Melco Resorts…

The leading UK bookmaker William Hill published its trading statement for the unaudited 17-week period which ended on April 25th 2017, revealing certain growth in wagering and net revenue across all four divisions of the company. The gambling and sports betting operator celebrated online growth and commented that it experienced a positive start of the current fiscal year. The Chief Executive Officer of William Hill, Philip Bowcock, said that the bookmaker had experienced a pretty successful start of the year, and that the company was in line with the 2017…