Soft2Bet has confirmed the appointment of Gilad Naim as new Chief Commercial Officer (CCO) of the igaming platform and operator software solutions provider. A seasoned commercial executive, Naim joins Soft2Bet’s senior leadership team from Nasdaq Nordic online gambling software developer Aspire Global, where he served as Director of Operations and in additional product-related leadership roles. Taking on the remit of …
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Catena Media Plc has underlined its long-term growth strategy and ongoing international expansion projects, as the Stockholm-listed affiliate publisher registers a full-year 2021 operating loss of €12.7 million. The firm’s FY2021 earnings performance was significantly impacted due to the impairment of previously acquired German and French sports media assets totalling €49 million. Headline metrics saw Catena register corporate revenues of …
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Novibet has surrendered its UK licence with immediate effect, after the betting and gaming firm officially informed customers that it would no longer be operational within the region. The Greek betting group entered the jurisdiction with licenses for real event betting and igaming, which includes poker, roulette, blackjack and other casino games, on November 1, 2014. Subsequently, a remote gambling software …
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Glitnor Group has accelerated its move into the lead generation space after acquiring KaFe Rocks Ltd for an undisclosed sum. The acquisition of the Malta-based iGaming affiliate, Glitnor said, will be a key factor in the long-term growth of the business. As part of the takeover, KaFe Rocks Co-founder Feda Mecan will join the Glitnor Board of Directors while CEO …
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Gaming Innovation Group Inc (GiG), the Malta-based igaming tech firm, has extended its long-term agreement with online gaming outfit Betsson Group for the provision of platform and managed services. These include customer service and full business operations across multiple territories. In a statement, GiG confirmed that the contract extension will run for an additional three years, taking the term of …
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Player banking solutions provider Xace has confirmed that renowned igaming and fintech investor Julian Buhagiar has joined its business as a non-executive director. Buhagiar, the co-founder of igaming M&A advisory RB Capital, will provide Xace’s executive leadership team with oversight on venture funding and strategic planning as Xace moves to aggressively expand its business services in 2022. Xace underscored Buhagiar …
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Soft2Bet has achieved a 2022 core business objective after being granted an online gambling licence by Spillemyndigheden, the Danish Gambling Authority. The new licence will enable Soft2Bet to provide its wide-ranging igaming service for the Danish market, covering sports betting, online bingo and a full range of online casino games including roulette, baccarat, punto banco, blackjack, poker and slots. The …
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The Malta Gaming Authority (MGA) is looking for a new General Counsel after confirming that incumbent Dr Yanica Sant has chosen to end her four-year tenure as legal lead of the regulatory authority. Updating stakeholders, the MGA confirmed that Sant would remain in office until February 2022, continuing to fulfil functions that “MGA’s management consider to not give rise to any …
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Italy’s federal police force has arrested 12 suspects connected to its ‘Operation Game Over II’ criminal investigation of illegal and mafia-associated gambling websites. A dozen individuals have been charged on counts of criminal conspiracy to carry out the ‘fraudulent conveyance of assets’ through illicit online gambling businesses. Investigators cited that the suspects were processing illegal online wagers via websites belonging …
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Esports Technologies Inc has completed its deal to acquire Aspire Global’s B2C assets for $76 million (€68m). The transformative acquisition will see Esports Technologies significantly expand its igaming portfolio to include the online casino and sportsbook brands of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777 and GenerationVIP. In addition, Esports Technologies will advance its European market profile by securing online gambling …
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