Gaming Innovation Group (GiG) has achieved record-breaking financial results as the tech group moves to split its platform and media units into standalone businesses in 2024. Publishing its Q4 and full-year 2023 results this morning, GiG concluded its final quarter as a combined sportsbook platform and igaming media supplier, achieving ‘all-time high’ revenues of €35.6m, up 37% on the corresponding …
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Feda Mecan, who is the Co-Founder of KaFe Rocks, has announced that he is joining the advisory board of US sportsbook supplier Huddle. Mecan’s journey in gambling can be traced back to 2010 when he worked as a lead under Ladbrokes’ DACH-facing business, with a focus on Germany, Austria and Switzerland. Fast forward to 2017, Mecan founded his first affiliate. …
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Gaming Innovation Group (GiG) has successfully issued €75m in senior secured bonds to increase capital funds available for its business. The bond is made up of two tranches of €45m and SEK350m (€30m) and allows GiG to expand the bond’s total borrowing limit to “€100m equivalent, related to this issue.” Proceeds from the bond will be used to fully repay …
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KaFe Rocks has entered a new chapter for its business, which has rebranded its identity to Time2Play Media. The rebrand to Time2Play reflects the growth of the firm’s affiliate and media network servicing the global igaming sector. Under the Time2Play Media moniker, the company noted the “tremendous success” of the Time2Play brand, as well as an ongoing commitment that will “better align …
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Glitnor Group has launched an investment arm, Glitnor Ventures, seeking to further expand its reach and leverage in the international igaming industry. Specifically aiming to make better use of its network of divisions and investment areas for greater leveraging, Glitnor Ventures will sit alongside the group’s B2C Lucky Casino and Happy Casino brands and Swintt B2B game and platform developer. …
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Glitnor Group’s buyout of KaFe Rocks has been cancelled nine months after it was first announced, in what has been described as an ‘amicable’ decision. Confirming the news this morning, Glitnor Group stated that both parties had recognised current market conditions as being unfavourable, and after ‘much deliberation’ decided to call off the acquisition. Despite this, Glitnor will remain a …
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Simon Pilkington has announced that he will be vacating his position as CEO of KaFe Rocks later this year, penning an open letter to ‘Rocketeers’. First joining KaFe Rocks in May 2018, Pilkington started his career at the affiliate marketing firm as Head of English Language Markets, filling this role for nearly two years before being promoted to VP of …
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Igaming software developer Swintt has appointed David Mann to head the company as CEO, stepping up from his current position as Chief Commercial Officer (CCO). Mann will replace David Flynn, who is taking a step back from Swintt to focus on his responsibilities as CEO of Malta-based parent company Glitnor Group, but he will retain a position on the board. …
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Affiliate, media and marketing professionals will gather in the dedicated zone at SBC Summit Barcelona 2022 to discuss the latest strategies, trends and regulatory challenges in affiliate marketing. The exhibition floor at the Summit, which takes place at Fira Barcelona Montjuïc on 20-22 September, will feature major companies such as Bet365, CasinoGuru News, Ebet, Kaizen Gaming, Melbet, Videoslots and XL …
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Twenty football teams within the betting and gaming industry will hit the pitch graced by the likes of Messi, Ronaldo and Neymar to compete at the fifth SBC Football Championship, as SBC, once again, brings the industry together to battle it out in a ‘friendly’ football match. The competition will take place on Tuesday, September 20, just before the pre-registration …
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