Tag Archives: malta

Altenar launches scale-proof next-gen retail betting terminals 

Altenar

Altenar has announced that it has developed a new in-house retail terminal system for sportsbook operators that is ready for commercial launch. The Malta-based technology group has designed its retail offering to provide incumbents with the first next-gen terminal solution which includes a fully customisable on-screen UX. The terminal solution has been developed to provide all levels of retail clients …

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PressEnter recruits ‘growth pro’ Nicolas Renaux as Head of Strategy

SBC News PressEnter recruits ‘growth pro’ Nicolas Renaux as Head of Strategy

PressEnter Group has strengthened its senior management team, confirming the appointment of Nicolas Renaux as Head of Strategy and Business Development. Renaux will be charged with spearheading the commercial development of PressEnter Group’s portfolio of challenger igaming brands that include 21.com, Neon Vegas, RapidCasino and NitroCasino. A former long-term executive of Kindred Group, Renaux previously led group commercial development and …

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Intralot narrows Q1 losses as group reorganisation improves balance sheet results  

SBC News Intralot narrows Q1 losses as group reorganisation improves balance sheet results  

Intralot SPA continues its recovery momentum into 2022 trading as its core business units and global divisions maintain growth benefitting from the group’s capital restructuring programme. Publishing its Q1 trading update (period ending 31 March), the Athens-listed gambling technology group registered corporate revenues of €415m – up 20% on corresponding 2021 results of €345m. The €70m increase in consolidated revenues …

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Malta requires Hungary to clarify licensing conditions to EU member states

EGBA 'confident of thorough investigation’ into legacy Dutch lottery licences

Malta has become the first EU member state to submit a ‘detailed opinion’ on Hungary’s draft proposals to reform its online gambling laws, ending its state-owned monopoly regime. Last February, the government of Hungary notified the European Commission (EC) of its plans to review draft proposals that will establish a new regime liberalising its domestic online gambling marketplace. Back in …

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Nicky Abela: Fast Track – AI and machine learning explained…

SBC News Nicky Abela: Fast Track - AI and machine learning explained...

Artificial intelligence (AI) and machine learning (ML) are often referenced in discussions about the future of the igaming industry. We spoke to Nicky Abela, Producer at Fast Track, to get a better understanding of the applications for this technology in player engagement and how the company is helping operators prepare for a future of machine learning-powered CRM. SBC: Can you …

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More German woes as Frankfurt court backs gambler’s claim against online casino losses

SBC News More German woes as Frankfurt court backs gambler’s claim against online casino losses

A flood of lawsuits could be on the horizon for German online gambling incumbents, as the High Court of Frankfurt supports a ruling that an online casino customer was entitled to reclaim losses. Brought to light by German weekly news magazine Spiegel, a gambler from the region of Hesse had made a claim against a ‘Malta-based operator ‘declaring that his …

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IGT expands online casino suite executing €160m takeover of iSoftBet

SBC News IGT expands online casino suite executing €160m takeover of iSoftBet

IGT Plc has moved to expand its B2B online casino offering, by securing definitive terms to acquire Malta-based online casino solutions provider iSoftBet.  This afternoon, the board of IGT notified investors that it has agreed on a €160 million cash deal to acquire iSoftBet – undertaking an acquisition that will “more than double the IGT PlayDigital content library to approximately …

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Intralot returns to black as Kokkalis transformation bears fruit 

SBC News Intralot returns to black as Kokkalis transformation bears fruit 

Intralot SA has branded 2021 as a breakthrough year for its business, as the Athens-listed gambling technology group accomplished its structural reorganizational directive, that secured financial benefits beyond previous expectations.  Publishing its full-year 2021 financial report, Intralot declared a group underlying EBITDA of €110 million up 67% on comparative FY2020’s results of €66 million. Group earnings were bolstered by a …

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Pinnacle Solution: The MGA licence is the ideal platform for our growth plans

SBC News Pinnacle Solution: The MGA licence is the ideal platform for our growth plans

The Malta Gaming Authority (MGA) is the ‘ideal platform’ for Pinnacle Solution’s ambitious growth plans as it looks to partner with more sportsbooks in more markets. That was a key message from Pinnacle Solution CEO Paris Smith. Speaking to SBC News, Smith explains how the sportsbook management software provider plans to stand out from the competition in Malta before giving …

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Getting closer to Altenar: the many faces of the sports betting provider

Getting closer to Altenar: the many faces of the sports betting provider

Domenico Mazzola, Commercial Director at Altenar offers us a closer look at the people and ideas which have contributed to the provider’s company culture, and how this has helped solidify its status as a ‘sports betting powerhouse’. Many people, businesses and the great minds behind the igaming industry will know the blue light of Altenar’s booths and the catchy, if …

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