Tag Archives: malta

SBTech secures Malta MGA Class 4 software Licence

Sports betting software and platform provider SBTech has this morning confirmed that it has secured a full Class 4 Malta Gaming Authority Remote Gaming Licence. Announcing its Malta Class 4  license, SBTech governance declared that it was an important feature of continuing its corporate strategy of expanding the firm’s operations in regulated markets. SBTech adds its Malta MGA Class 4 …

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LeoVegas appoints Andreas Bardun as Sportsbook lead

Stockholm Nasdaq-listed LeoVegas has confirmed the appointment of Andreas Bardun as its new Head of Sportsbook. Bardun joins the Malta-based operator from Betsson Group, where he led sports betting operations for its Nordicbet subsidiary brand and further held senior management positions within its sports betting department. Reporting to Robin Ramm-Ericson, LeoVegas Co-Founder, and Chief Experience Officer, Bardun will be charged …

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Cherry acquires first 49% of shares in ComeOn Malta Ltd

Cherry AB has announced the acquisition of the first 49% of shares in ComeOn Malta Ltd, strengthening its market position in Scandinavia with brands including ComeOn, Mobilbet, Folkeautomaten and Casinostugan. The company also has the option to acquire the remaining 51%. The acquisition, which is expected to have an immediate positive effect on Cherry’s profit, included payment with 2,901,475 B-shares …

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Yggdrasil appoints Frida Gustafsson as new CFO

Elmqvist, Yggdrasil & Casumo

Yggdrasil Gaming (Cherry AB subsidiary) has today announced the appointment of Frida Gustafsson as Chief Financial Officer in a new role created following the supplier’s rapid expansion over recent months. Gustafsson joins Yggdrasil after spending more than six years in a number of roles at NetEnt, most recently serving as the listed supplier’s finance manager for tax and new markets. She was …

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Cherry AB secures €50 million bond for ComeOn investment

European igaming operator Cherry AB  has confirmed that it has decided to issue a four-year senior secured bond in the amount of €50 million, with maturity on July 11, 2020. The net proceeds will be used to partly finance the acquisition of 49% of the shares in ComeOn Malta Ltd (tranche one) with an option to acquire the remaining 51 % …

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Sportsbook trading & currency impacts see Betsson AB issue Q2 profit warning

Issuing a preliminary Q2 2016 trading update Stockholm-listed online betting operator Betsson AB has detailed that its corporate performance has been impacted by lower sportsbook revenues and continued exchange rate fluctuations. Updating investors ahead of its full Q2 2016 performance breakdown, Betsson governance detailed that it expected to post group revenues between SEK 920–945 million, with the company targeting a …

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Tipico confirms Joachim Baca as new CEO

Malta-based European sports betting operator Tipico Group (Tipico) has confirmed that appointment of Joachim Baca as its new CEO, effective 18 July. Baca the former Chief Operations Officer (COO) of bwin.party Entertainment (2011-2016), replaces Jan Bolz as Tipico leader who departs the company following a five-year tenure. Updating the market, Tipico governance stated that the company would look to expand its …

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Yggdrasil strengthens European operations by securing GLA B2B remote licence

Industry igaming content and games developer Yggdrasil Gaming (Yggdrasil) has strengthened its regulatory provisions by confirming that it has been awarded a Gibraltar B2B remote gambling licence by the ‘Gibraltar Licensing Authority’ (GLA) The GLA B2B remote licence will allow for Yggdrasil to offer its platform and software services to Gibraltar-based operators, extending the firm’s European client reach. Adding Gibraltar B2B …

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SBTech celebrating ‘very strong and successful year’ at Super Show

Sportsbetting supplier SBTech is to showcase its cutting-edge product portfolio at the iGaming Super Show in Amsterdam June 7th – 10th at stand B60. SBTech believes combination of localised offerings, expert legal oversight, versatile tools and expert industry knowledge has positioned it as a ‘world-leading sportsbetting provider’. This is shown be the wide geographical spread of its operating partners, who are based in the …

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Betsson launches first gambling app to Apple TV

Betsson have announced that its online subsidiary Betsafe is the first to launch a gambling app to Apple TV. For now, Swedish players can now log in and play directly from their Apple TV, but Betsafe will soon introduce the product in other countries. Betsson have said that this Swedish launch illustrates its strategy to remain at the forefront of …

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