IGaming

Nektan sanctions lower priced offload of Respin US asset

London AIM-listed mobile gaming services provider Nektan Plc has offloaded its US-specific mobile casino property ‘Respin’ to private enterprise Alternative Investment Partners, completing a £300,000 cash transaction. Updating the market, Nektan leadership details that it has sold its 57% equity in the US brand, at a lower price than originally anticipated, stating that the firm wishes to halt its ‘stateside …

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BetConstruct granted Isle of Man B2B Software Supplier Licence

Isle of Man

Guided by the SMP eGaming licensing team, BetConstruct has become one of the first software developers to be granted a new Software Supplier Licence from the Isle of Man Gambling Supervision Commission (GSC). Upon securing the Software Suppliers licence, BetConstruct will have its gaming and betting solutions added to the British Crown Dependency’s GSC game register. As a result, the …

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ECOMMPAY – GATE2025 proves its year-1 capacity beyond expectations

Digital payments solutions provider ECOMMPAY is celebrating a successful year-1 for its GATE2025 tailored payment platform, designed for sports betting and igaming operators Launched ahead of World Cup Russia 2018, ECOMMPAY details that GATE2025 has delivered ‘beyond all expectations’, with the its payment stack being able to processes 1 billion daily transactional requests. The payment platform has been designed to …

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Play’n GO confirms Portuguese market presence

Portuguese

Play’n GO has pulled off the latest in a series of expansion plans after securing the certification to provide its content to operators in the Portuguese market. The company said that more expansion is “set to come” to follow a very successful 2018 and moves into both Sweden and the Philippines already this year. The launch also coincides with the …

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Stride Gaming revenue capacity impacted by ‘regulatory changes’

The governance of London AIM-listed Stride Gaming has this morning disclosed that corporate net-gaming revenues for the ‘six-month period up to 28 February’ will be 5% lower than expected. Updating investors, Stride governance details that the firm’s revenue capacity has been disrupted by ‘fiscal and regulatory changes implemented in the second half of the calendar year 2018.’ In its update, …

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SkillOnNet shuts down RedKings poker & sportsbook services

Malta-based white-label platform provider SkillOnNet has confirmed that it will shut down it’s RedKings online poker and sportsbook properties on 28 April 2019. Moving forward, the SkillOnNet subsidiary will continue to operate solely as an online casino brand. Shutting down its online poker room, SkillOnNet confirms that it has agreed that MPN (Microgaming) network partner Betsafe, will takeover and fulfil …

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Nektan reports “record growth and revenues” in Q3 trading update

Gaming technology platform and services supplier, Nektan, has reported “record growth and revenues” for its B2B division in its trading update for the third quarter of its financial year ending 30 June 2019 (Q3 FY19). In the trading update, Nektan has reported that its current growth trajectory remains on track to break-even for the financial year, detailing that the Executive …

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Black Cow Technology appoints Baruzi as new product lead

Remote Game Server software specialists, Black Cow Technology, has strengthened its digital division by appointing Shaun Baruzi as the company’s Head of Product. As part of his new role at Black Cow Technology, Baruzi will be tasked with overseeing the development of the company’s Open Gaming Architecture platform by creating new features and functionalities. In addition to this, he will …

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Lottoland granted licences to launch in South Africa

Online lottery operator Lottoland has been granted two licences by the Western Cape Gambling and Racing Board in South Africa. One of the licences is a bookmakers licence that enables the operator to offer fixed odds betting contingencies to South African customers. The second is a manufacturing licence, allowing Lottoland to develop and use the company’s own software for its …

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US thinking Playtech appoints Massion & Krumins as corporate advisers

The governance of FTSE gambling technology group Playtech Plc has moved to expand its corporate advisory, confirming the appointments of Anna Massion and John Krumins as new Independent Non-Executive Directors – with immediate effect. Updating investors, Playtech details that the Massion and Krumins appointments will diversify the FTSE firm’s corporate governance capacities and make-up. A seasoned executive in corporate finance …

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