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 …
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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
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 »Online ‘free bet’ offers to be taxed for UK facing operators
During the Budget Speech yesterday the Chancellor George Osborne announced that UK licensed operators will soon have to pay a new tax on ‘free bet’ offers on online casino and bingo games. This is subject to the motion being approved, and should it be it will come into effect on August 1st 2017. This will mean that operators must pay …
Read More »SiGMA to fly 300 affiliates to Malta this November
This year’s SiGMA conference has been moved back to 16-19 November to be further away from BAC and EiG, and to go back to back with MiGS, creating a dynamite Malta Gaming Week. The second edition of SiGMA took place between the 4th and 7th November 2015, as the SiGMA summit cemented itself as the largest iGaming show in Malta and …
Read More »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 »David Baazov updates market on Amaya takeover bid
Announcing Amaya Inc 2015 full-year results, which saw the operator post net losses of CAD $25 million (£14 million), CEO David Baazov updated the market on his proposed management takeover of the firm. Baazov alerted the media that his executive team intends to make a formal bid to take Amaya assets private, though no timeline for the announcement of the …
Read More »Canadian $ decline and diversification costs impact Amaya 2015 earnings
Updating the market on its 2015 Q4 and full-year results, Toronto-listed operator Amaya Inc would declare 2015 group net losses of CAD $25.9 million (£14 million). The operator which is currently subject to a management takeover bid by Chief Executive David Baazov, reported that its corporate earnings performance had been impacted by the decline of the Canadian $ against core …
Read More »Betfred and Inspired’s partnership goes mobile
The bookmaker Betfred has extended its partnership with Inspired to offer its customers Inspired’s suite of mobile games. Mobile games available to Betfred customers via Inspired’s Virgo™ Remote Gaming Server (RGS) include Goddess of the Amazon, White Knight, and more. Centurion, Inspired’s biggest bonus game to date, will also be among the games available. Set in ancient Rome, it proved popular and …
Read More »Mediatech Solutions moves Fair Play Netherlands online
Omni-channel specialist platform provider Mediatech Solutions has confirmed that it is to supply Dutch land-based chain Fair Play with a new online casino using its market-leading IRIS platform. The deal with owner Janshen-Hahnraths Group, which runs 42 casinos across the Netherlands under the Fair Play brand, will see the new Malta-licensed Fairplay Online casino launch this summer. Mediatech facilitated the company’s …
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