iGaming

The latest iGaming news for the gambling industry

888 Holdings posts ‘resilient 2015’ despite increased regulatory impacts

SBC News 888 Holdings posts 'resilient 2015' despite increased regulatory impacts

Presenting its audited full-year 2015 results (period ending 31 December 2015), the governance of FTSE listed igaming operator 888 Holdings (888) has described 2015 corporate performance as resilient in facing imposed regulatory impacts. Outlining 2015 core metrics, 888 would post group revenues of $462 million (£320 million), 2% up on 2014’s $455 million. The operator noted that on a like-for-like …

Read More »

Denilson signs for 888Poker

SBC News Denilson signs for 888Poker

The Real Betis and Brazil midfielder Denilson has agreed a deal to become an ambassador for 888Poker.   888Poker has over ten million players registered worldwide and counts Dominik Nitsche, Jackie Glazier and Niner Bruno ‘Foster’ Politano amongst its current crop of ambassadors. Denilson, who was part of the World Cup winning squad in 2002, had this to say for himself in regards to …

Read More »

Efficiency & Cost focus helps NetPlay TV post profits in 2015

SBC News Efficiency & Cost focus helps NetPlay TV post profits in 2015

Declaring its full-year 2015 results (period ending 31 December), interactive gambling operator NetPlay TV posted net revenues of £26.4 million down 4% on FY 2014’s £27.4 million. The London AIM-listed operator who in 2015 had undertaken a corporate restructure focusing on cost savings and operational efficiencies, reversed its FY earnings results posting corporate profits of £600,000 (FY 2014: – £100,000). NetPlay …

Read More »

PKR completes 3D migration to Microgaming MPN network

SBC News PKR completes 3D migration to Microgaming MPN network

Online poker room PKR has confirmed its successful migration onto the Microgaming powered MPN poker network. The migration which was first announced in February of this year, sees PKR integrate its 3D poker software with MPN network services. PKR players will gain a boost in poker room liquidity by joining the larger poker network. Utilising Microgaming’s MPN Babelfish technology which …

Read More »

LeoVegas gains 30,000 shareholders on Stockholm Nasdaq debut

SBC News LeoVegas gains 30,000 shareholders on Stockholm Nasdaq debut

European mobile gaming specialist LeoVegas has announced that its Stockholm Nasdaq First North Premier initial public offering was significantly oversubscribed as the operator hit peak trading of SEK 38.6 (£3.30) per share. Debuting trading under the ticker name ‘LEO’, LeoVegas AB had opened its Nasdaq trading at SEK 32 corresponding to its market value of SEK 3.19 billion (£275 million). …

Read More »

Inspired signs Virtuals Connect deal with SBTech

SBC News Inspired signs Virtuals Connect deal with SBTech

Thanks to the new Virtuals Connect platform SBTech will become the first to offer Inspired’s range of Virtual Sports to third party operators. Virtuals Connect is a turnkey solution designed by Inspired to allow simple integration into all betting systems. This deal will see SBTech license the use of Inspired’s Virtual Sports platform and provide it to its third party operators …

Read More »

Paysafe on course for FTSE 250 with + $600 million in revenues

SBC News Paysafe on course for FTSE 250 with + $600 million in revenues

Announcing its first FTSE full-year earnings results, online payments provider Paysafe Group (the merged entity of Optimal Payments and Skrill) reported a 68% revenue surge to $613 million (£432 million) for its FY2015 corporate performance (period ending 31 December 2015). As expected Paysafe Group pre-tax profits were impacted by its completed November 2015 takeover of competitor Skrill. The company would …

Read More »