iGaming

French online gambling operator Betclic Everest Group (Betclic) is set to close its online poker room Everest Poker according to reports. Under the management of Mangas Gaming Group, Betclic had acquired the stand-alone poker room for $100 million from former Everest Poker owners Giga Media in 2009. At the time of its acquisition, Betclic governance wanted to enter the fast growth …

California-based social and mobile gambling platform provider CashBet (www.cashbet.com) has confirmed the appointment of former Sony PlayStation North America President Steve Race to its board of directors. Race a thirty-year leadership executive across numerous sectors including gaming and finance, will advise CashBet management on corporate strategy and product development. As former President of PlayStation North America (1993 – 1995), Race …

Updating the market, Stockholm-listed NetEnt AB declared a strong opening performance to its 2016, with the games developer recording top-line growth on all core metrics. NetEnt would announce Q1 2016 revenues of SEK 345 million (£31 million) up 33% on 2015’s corresponding SEK 258 million. Detailing its revenue growth, NetEnt governance noted that 2016 had seen a substantial increase in …

It has been announced that Jesper Kärrbrink is today assuming the position as CEO of award winning online casino Mr Green Ltd. The previous CEO Bo Wänghammar will work with business development within the Mr Green Group. Jesper Kärrbrink said of the news: “It is exciting to be back in the gaming industry, and to be working with one of …

Microgaming have announced another win on its progressive jackpot network, having paid out over €574 million to date. On Friday 8th April 2016, a Spin Palace player hit the Mega Moolah jackpot, taking home €6,905,670.81. As with all Microgaming’s progressive wins, the windfall will be paid out to the player in a lump sum. A spokesperson from Spin Palace commented: “It …

New online gambling brand LVbet.com has gone live after being issued operating licences by the Malta Gaming Authority (MGA). LVbet has signed deals with slot suppliers NetEnt, Microgaming, Wazdan and Thunderkick, meaning it can offer hits such as Starburst, Mega Moolah and Gonzo’s Quest. LVbet.com has also launched a customer loyalty programme that rewards players every time they play a slot. …

Contagious Gaming have announced that they have signed a casino partner agreement with Openbet, via its wholly-owned subsidiary Telos Entertainment. The Distribution Agreement with Openbet will allow Contagious Gaming to integrate its digital scratch ticket portfolio, eInstant Games, into Openbet’s software platform for distribution to Openbet’s global customer base. Peter Glancy, CEO and Director of Contagious Gaming, commented: “Signing this …

Microgaming has donated £30,000 between four charities, voted for by the company’s customers and key stakeholders, in lieu of festive gifts. Launched in 2013, Microgaming’s Gift of Giving campaign, a part of Microgaming PlayItForward, asks individuals to make their gift count. Presented with a choice of 12 charities across four regions, recipients can vote for one charity that they would …

Online casino Mr Green (www.mrgreen.com) has continued to build its management team, by announcing two new recruits, David Nordberg and Oskar Mühlbach. David Nordberg, who has previously worked with digital gaming companies such as Electronic Arts and King, has been appointed as Chief Marketing Officer (CMO). At Electronic Arts, Nordberg started and headed EA Play4Free Publishing, whilst at King he …

US law firms Wolf Haldenstein Adler Freeman & Herz LLP (New York) and Block & Leviton (Boston) have filed investor-led class action lawsuits against Amaya Inc. The lawsuits filed yesterday within US district courts, focus on the alleged investor misrepresentation of Amaya governance following the allegations of insider trading made against CEO and Founder David Baazov by Quebec securities regulator, Autorite …