Posts From: March 2018

IGT reports strong Q4 earnings

IGT said total revenue for the fourth quarter 2017 was US$1.35 billion, up 1.9 percent in year-on-year terms. Such growth was supported by stronger gaming sales in the international segment...

Business News
GVC reports rise in 2017 net gaming revenues

GVC Holdings reported Friday a pre-tax loss of €25.6m in the year to December 31, a significant improvement on the €173.5m loss in the previous year.  The loss was mainly...

Business News
Platinum Eagle eyes FanDuel acquisition after failed DraftKings merger

Leading fantasy sports company FanDuel Inc is in talks to hit the public markets, yet probably not in the traditional sense with an initial public offering. Instead, the New York-based company is...

Fantasy Sports
AXL Affiliates acquires Mvideoslots for a six-figures amount

Malta-based AXL Affiliates has announced the acquisition of Mvideoslots and all related assets for a six-figure amount. AXL acquired all Mvideoslots.com assets with plans to integrate these under the growing...

Affiliates
UK and Gibraltar seal Brexit agreements

The UK Government yesterday guaranteed Gibraltar’s continued access to the UK market for financial services and online gaming against the backdrop of Brexit, sending a clear message of reassurance to...

Business News
GVC Shareholders vote in favour of Ladbrokes Coral Merger

FTSE 250-listed sports betting and gaming company GVC Holdings PLC said today it has received near unanimous approval for its merger with sister firm Ladbrokes Coral PLC at its extraordinary...

M&A
Brazil government votes against gambling reform bill

Brazilian politicians from the Senate Constitution and Justice Committee rejected on Wednesday a bill that would have legalized the provision of a number of iGaming services within the country’s borders. Introduced in...

Business News
Quickfire live on Strendus.com.mx, a new interactive division of Logrand Entertainment Group

Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several...

Business News
JT celebrates female workforce on International Women’s Day

This International Women’s Day JT is celebrating the diversity of its people with a workforce comprising of 25% women, well above the UK average for the technology industry. JT recognises...

Business News
Playtech delivers Omni-Channel single account across Ladbrokes estate

Playtech, the world’s leading gaming software, systems and services supplier, has delivered single account Omni-Channel functionality throughout the entire UK Ladbrokes estate enabling its players to use one account and...

Sports Betting