Gaming Laboratories International (GLI) has certified mkodo’s igaming geolocation service GeoLocs as the brand seeks further growth opportunities. The platform has been available for the last 10 years but mkodo – a B2B supplier of mobile and front-end technology to igaming operators across the lottery sector – recently expanded its reach to meet increased demand. The Pollard Banknote subsidiary further affirms that GLI approval ‘solidifies the …
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Sportech lauds slimmed profile to net £34m profits
Sportech Plc has backed its ongoing transformation strategy and focus on cost management, as the London AIM-listed racing and wagering systems provider declared statutory profits of £34.6m today. The much-improved bottom-line results see the firm reverse full-year losses of £12m recorded during 2020 trading. 2021 developments saw Sportech complete the disposals of its Global Tote business to BetMakers – Bump …
Read More »Sue Yoxall ends 20-year journey with mkodo
Sue Yoxall has ended her 20-year executive tenure leading mkodo, the business she co-founded alongside venture partner Stuart Godfree in 2001. This week, Yoxall announced on LinkedIn that she had completed her ‘20-year journey with mkodo’ and would no longer be involved in the day-to-day running of the business. Fresh to the gambling sector in 2001, Yoxall and Managing Director …
Read More »Pollard Banknote acquires Next Generation Lotteries for €36m
Pollard Banknote Limited has signed a definitive agreement to acquire 100% of the equity of Next Generation Lotteries AS (NGL), a provider of lottery management and ilottery technology. The acquisition purchase price is €36m, prior to standard working capital adjustments and certain deferred cash considerations, of which €32m will be payable at the time of closing. The remaining €4m of which will …
Read More »mkodo agrees £7.8m sale to Pollard Banknote Canada
The management of mkodo has this morning issued a corporate statement confirming that it has reached a binding agreement to be acquired by Canadian commercial printing firm Pollard Banknote Limited. Deal terms will see Pollard Banknote pay an initial £7.8 million sum for mkodo assets and IPs, prior to standard capital adjustments. The acquisition will feature further earn-outs based on …
Read More »Pollard Equities exercises options in NYX as Scientific Games undertakes shareholding takeover
Issuing a market update, Canadian gambling investment firm Pollard Equities has moved to increase its stake in Toronto TSX-listed gaming/betting technology firm NYX Gaming Group. Pollard Equities the majority owner of lottery tickets supplier Pollard Banknote has executed the right to purchase 4 million fixed priced warrants/options of NYX Gaming’s ordinary shares. Detailing the transaction, Pollard will pay a fixed price …
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