ActiveWin Media, the online marketing agency of Betfred, has announced the imminent closure of Kerching and Jackpot Jones brands. In an email sent to ActiveWin affiliates, the agency instructed media partners to end campaigns promoting the two online casinos that will cease operations on Thursday 2 December. ActiveWin had operated Kerching and Jackpot Jones brands since 2017 through its subsidiary …
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FSB selects Glenn Elliott as new COO
Sports betting platform provider FSB has confirmed that former SG Digital executive Glenn Elliott has joined the company’s executive leadership team as new Chief Operating Officer (COO). Elliott will be tasked with overseeing the company’s account management team as well as managing FSB’s five operational service divisions: Sports, Platform, Marketing, Retail and SaaS Hosting. Commenting on his new role, Elliott …
Read More »Transformed Nektan eyes ‘break even’ comeback
‘B2B focused’ Nektan Plc remains confident that it can achieve EBITDA break-even results by the end of year trading. Publishing its corporate results for the six-month period ending 31 December 2019 (H1 2019), Nektan recorded corporate revenues of £800,000, up 157% on corresponding H1 2018’s £310,000. The London-AIM firm pointed to its improved commercial pipeline, which sees its software active …
Read More »Nektan offloads white-label B2C unit to Active Win Group
Issuing a market filing, London AIM-listed Nektan Plc has confirmed that it has disposed of its UK B2C unit, offloading the asset to Grace Media for £200,000. News of the transaction follows a Tuesday update by Nektan governance confirming that the appointment of Mark Phillips and Julie Swan of PCR London as joint administrators of the B2C unit. Grace Media …
Read More »Nektan agrees terms for vital funding
London AIM-listed mobile gaming group Nektan Plc has confirmed that it has secured £2.6 million in working capital, having agreed subscription terms on a new share placement. Issuing its latest market-filing, Nektan governance reveals that ‘certain investors’ have agreed to back the firm’s subscription agreement, set at 52 million new shares priced at 5p per share. In its transaction note, …
Read More »Nektan begins new CEO search after Lucy Buckley’s departure
London AIM-listed mobile gaming group Nektan Plc has begun executive search procedures after confirming the departure of Lucy Buckley as CEO. Issuing a corporate statement, Nektan said that company founder and Executive Director Gary Shaw will act as company Chief Executive on an interim basis. Buckley will ‘remain available to the board’ to help the company with its leadership transition, …
Read More »GiG ramps up emerging markets profile with Mediacle
Stockholm-listed Gaming Innovation Group (GiG) has appointed industry full-service marketing agency Mediacle Group to expand its localisation capacities for emerging markets. The agreement will see Mediacle work on optimising emerging market campaigns for GiG’s flagship online casino property Rizk (Rizk.com). Operating as a specialist industry marketing agency, Mediacle offers in-depth customisation and localisation provisions, helping its clients develop effective campaigns …
Read More »Mediacle expands affiliate services for Nektan Plc
Industry full-service marketing agency and software developer Mediacle AB has extended its existing partnership with London AIM-listed mobile gaming group Nektan Plc, to include the supply of affiliate software and services. The partnership will see Nektan utilise Mediacle’s ‘MAP’ igaming-specific affiliate marketing software across a number of its online casino brands including Cheeky Win and Love Reels. Mediacle’s MAP operates as an …
Read More »GVC’s Simon Hay steps down to join Nektan
Nektan, an international B2B and white label gaming software and services provider, has confirmed that GVC’s Simon Hay will be joining the company as its new Chief Financial Officer (CFO). Hay is due to start the new role from June 17, bringing with him a wealth of experience from two decades in the accountancy and consultancy sectors. Prior to this, …
Read More »Nektan sanctions lower priced offload of Respin US asset
London AIM-listed mobile gaming services provider Nektan Plc has offloaded its US-specific mobile casino property ‘Respin’ to private enterprise Alternative Investment Partners, completing a £300,000 cash transaction. Updating the market, Nektan leadership details that it has sold its 57% equity in the US brand, at a lower price than originally anticipated, stating that the firm wishes to halt its ‘stateside …
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