Technology

Optimal Payments has confirmed its €1.1 billion ($1.2 billion) takeover of Skrill Group services, the acquisition sees Optimal become the biggest payment provider for the online gambling sector. The payment provider has fulfilled all takeover obligations set by the UK FCA, and met payments conditions set by majority stakeholder CVC Capital Partners, who had acquired a majority stake in Skrill …

iGaming software and platform provider EveryMatrix has confirmed that it has achieved the ISO/IEC 27001 standard on Information Security Management. The ISO/IEC is the best-known standard that provides requirements for an information security management system. The certification is a recognition of the company’s efforts for data protection and represents a commitment to its partners and clients that can be reassured …

Reporting on its Q2 2015 performance, Stockholm Nasdaq listed sports betting technology provider Kambi Group has recorded corporate revenue growth of €10.7 million, representing a 13% increase on Q2 2014 €9.5 million. Kambi management would report that its operations had maintained a 7% margin during the period, which contributed to €800,000 in operating profit. The technology provider would record a …

Following a review of its $1.2 billion (£815 million) takeover of online payment provider Skrill Group, the UK Financial Conduct Authority (FCA) has approved Optimal Payments PLC (LSE) acquisition bid. Informing the market Optimal Payments governance stated that it would proceed with its full integration of Skrill Group operations, with a view to complete its takeover by 10 August. Issuing a …

Callcredit Information Group has announced the appointment of Eamonn Tierney to the role of Managing Director of its Credit Solutions division. The Managing Director role is the latest appointment to the executive team as the company drives its strategic priority to double revenue and profitability. Tierney’s core focus will be to ensure that Callcredit remains dedicated to its customers and …

Nektan PLC, the international B2B mobile gaming platform and content provider, announces that it has successfully gained approval for a remote betting intermediary licence for the Irish market. This is in accordance with new regulations which will come into effect on 1 August 2015. David Gosen, Nektan’s Chief Executive Officer, said: “We are pleased that Nektan is among the very …

Malta-based Secure Trading Financial Services (STFS) has celebrated its first year in business with a ministerial visit to the company HQ. Minister for Finance Prof. Edward Scicluna officiated the anniversary ceremony with a ribbon cutting and the unveiling of a plaque. During a speech to mark the occasion, he highlighted STFS’ contribution to the Maltese economy, fast growth and high …

Coingaming.io, software provider for white-label Bitcoin casino solutions has announced that it has launched its bitcoin only sportsbook product ahead of the forthcoming English Premiership football season which starts on August 8th 2015. The sportsbook solution will offer several unique opportunities for bitcoin gaming operators. The new product has been designed and built in-house to maximize profits for bitcoin operators looking to …

Gambling virtual content provider Vermantia, has announced that it has completed the ADM certification in compliance with Eurobet systems, Italian gaming and betting operator, for the provision of its full Virtual Games service and provisions.   Eurobet will distribute Vermantia’s Virtual Games to its Retail network, as well as its Online and Mobile offering. The initial rollout will include Football, Greyhound …

Greek lottery and gambling systems operator Intralot has bolstered its digital gaming and sports betting services by confirming it has acquired a 35% stake in digital gambling platform provider bit8. Intralot did not disclose the acquisition sum of its stake in Bit8, however the company informed that it had first option on increase its stake in the platform provider to …