Tag Archives: malta

Maltese based Gamanza brings gamification angle to games provision

Gamanza, a Malta based start up, has announced a new games aggregation platform, complete with gamification application and accompanying bonus engine, designed to enhance player lifetime values. Operators, who will have access to over 100 games, can use data from players activity on site and translate them to points, tokens or credits and levels of achievement, with each programme configurable …

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Betsson cuts headcount to streamline group operations

Stockholm-listed European online gambling group Betsson AB has this morning informed that it will reduce its corporate headcount by approximately 160 employees as group governance seeks to ‘streamline the organisation’. Updating the market, Betsson has executed its organisational restructure across all group offices, as Betsson governance seeks to deliver annual corporate savings of SEK 50-60 million (€5-6 million). “In cooperation …

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Cyprus seeks EC clearance of reworked national gambling framework

The government of Cyprus has submitted its restructured national gambling regulatory framework, to be reviewed by the European Commission (EC). Cyprus is seeking to modernise its national gambling framework, allowing for new regulations and licensing for both retail and digital betting services. Cyprus had first submitted its ‘Betting Law 2017’ proposal last June to the Commission. The EU had requested …

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Winning Post – Shake up in Sweden

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Sweden: remote POC legislation – drafts or chess? The Swedish government has published a draft law to regulate gambling across channels, with an implementation date of 1 January 2019 (replacing the Lottery …

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Fast growth LeoVegas AB appoints Caroline Palm as Group HR lead

LeoVegas

Stockholm-listed online gambling group LeoVegas AB has confirmed the appointment of Caroline Palm to the executive position of Chief Human Resources Officer (CHRO). Appointed as LeoVegas’ first ever group HR lead, Palm joins the online gambling operator from Swedish health and environmental technology conglomerate Serendipity Group AB, where she served as Group Head of HR (2013-2017). Palm, who will begin …

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Cherry acquires outstanding Game Lounge shares

Copyright: somchaij / 123RF Stock Photo

Swedish gaming company Cherry has increased its stake in affiliate firm Gaming Lounge, taking its total holding to 95%. Three years after its wholly owned subsidiary, Cherry Malta Ltd, acquired 51% of the shares in the company, the gaming group has resolved to take onboard a further 44% that will be financed through a combination of cash and a new …

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GVC completes Turkish offload as 2018 judgement looms

Updating the market, FTSE online gambling group GVC Holdings has confirmed the complete disposal of Turkish business unit ‘Headlong Limited’ to Malta-based technology firm Ropso ltd. Last November, GVC governance announced that it would sell its Turkish enterprise and associated assets to Ropso for a total consideration of €150 million. Announcing the sale of Headlong, GVC leadership stated that the …

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Mr Green agrees to €7 million Evoke Gaming acquisition

Mr Green has agreed to pay €7 million to acquire Redbet owner Evoke Gaming, with the deal expected to be completed in Q1 2018 subject to regulatory approval. Evoke Gaming, who’s brands produced revenues of €15.5 million in 2016, includes the likes of Vinnarum casino, Bertolt, MamaMia and Redbet, a sportsbook, casino and poker provider which Mr Green intends to …

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LeoVegas promotes Jarl Modén to Group CPO

LeoVegas

Updating the market, Stockholm-listed online gambling operator LeoVegas Group AB has confirmed the promotion of Jarl Modén to the senior executive position of Chief Product Officer (CPO). Modén has been a LeoVegas product executive since 2014, acting as a key stakeholder in a number of group projects and tech developments. Modén most recently held the position of Head of Product …

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Catena Media bolsters German dynamics with Baybets €26.5 million acquisition

Stockholm-listed industry affiliate marketing network Catena Media continues its M&A expansion confirming that it has agreed to acquire German focused sports affiliate Baybets Ltd. Updating the market, Catena governance informs that it has agreed an initial payment of €26.5 million to takeover Baybets’ 50 website portfolio. Furthermore, its acquisition deal will have an attachment of a further €65 million in …

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