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Gaming Innovation Group

GiG secures affiliate license for WSN.com in Colorado

Oslo-listed Gaming Innovation Group (GiG) has been granted approval to provide its affiliate services to sports betting operators licensed in Colorado.

Colorado becomes the seventh state in which GiG’s Media division is active through its US-facing WSN.com sports betting site, following previous approvals in New Jersey, Indiana and Pennsylvania, among others.

“We [...]

1 min read

Net Gaming Europe set for Q2 loss as reorganisation continues

Stockholm-listed iGaming affiliate Net Gaming Europe expects to post a net loss of €1.2m for the second quarter of 2020, with results negatively impacted by non-recurring costs and exchange rate fluctuations.

The company said that its operations had performed well during Q2 in the midst of an “intensive transformation” phase which [...]

1 min read

EveryMatrix to provide affiliate management solution to DAOGroup

EveryMatrix has signed an agreement to provide its PartnerMatrix affiliate and agent management system to Tallinn-based blockchain solutions provider DAOGroup.

The partnership will allow DAOGroup to provide affiliate and agent management solutions to all of its clients.

“This is another step PartnerMatrix takes towards our goal of reaching wider markets, and our [...]

2 mins read
Raketech

Raketech names Oscar Karlsten as chief operating officer

Stockholm-listed iGaming affiliate Raketech has appointed Oscar Karlsten as its new chief operating officer.

Karlsten joins Raketech from rival Catena Media, where he served as chief information officer and chief product officer for over four years. He has also held senior positions at digital toy studio Toca Boca, digital agency Avantime [...]

2 mins read
Raketech

Raketech to accelerate geographical expansion after solid Q1 performance

Stockholm-listed iGaming affiliate Raketech has reported a 1 per cent increase in revenue to €6.5m for the first quarter of 2020.

The company enjoyed a strong performance from casino-related comparison products in Norway and Sweden, which was offset by lower revenue from sports-focused products, including the company’s Danish communities, Finnish sports [...]

1 min read
Raketech

Raketech acquires iGaming affiliate Lead Republik

Stockholm-listed Raketech has acquired all of the assets of Malta-based iGaming affiliate Lead Republik for €1.4m.

The purchase price represents a multiple of approximately 3x EBITDA and includes the possibility of additional earnout payments based on certain performance measures.

Part of the earnout is capped up to a maximum of €0.3m until 28 February 2021, [...]

1 min read

Catena Media names new finance chief

Stockholm-listed online lead generation specialist Catena Media has appointed Peter Messner as group chief financial officer (CFO).

Messner will take up his new role on 1 April, replacing Erik Edeen who has held the role on an interim basis since January of last year.

Messner brings over 20 years’ experience in leading [...]

2 mins read

Better Collective acquires leading eSports platform HLTV.org

Stockholm-listed sports betting affiliate Better Collective has acquired leading eSports platform HLTV.org in a deal worth up to €34.5m.

Better Collective has paid an initial €26.4m to acquire the HLTV.org platform, one of the world’s most popular eSports platforms for the Counter-Strike: Global Offensive (CS:GO) game.

The payment comprises €23.7m in cash and Better Collective [...]

1 min read
Danske Spil

Danske Spil proposes stricter rules for gambling in Denmark

Denmark’s state-owned gaming operator Danske Spil has proposed stricter rules to protect vulnerable players and minors from gambling, including a ban on advertising during live sports on television and the prohibition of VIP programs and affiliates.

The leading Danish operator claims that the market does not adequately protect vulnerable players and minors, citing the [...]

1 min read
Playtech

Playtech partners Rightlander to enhance affiliate compliance

London-listed gaming technology provider Playtech has entered into a partnership with affiliate compliance specialist Rightlander.

Rightlander’s solutions will be made available to Playtech’s operator partners through the Playtech IMS platform, including a range of affiliate compliance tools such as Automated Compliance Monitor, a PPC Monitor, a Proactive Affiliate Finder, and Compliance Live, which allows [...]

3 mins read

Net Gaming Europe names Robert Andersson as new CEO

Stockholm-listed iGaming affiliate Net Gaming Europe has appointed Robert Andersson as its new president and chief executive with immediate effect.

Andersson succeeds Marcus Teilman, who has stepped down after nearly eight years in the role.

Net Gaming said the purpose of the change was to create better conditions for the company to return to growth, while [...]

2 mins read
Gaming Innovation Group

Gaming Innovation Group approved for affiliate launch in Pennsylvania

Oslo-listed Gaming Innovation Group (GiG) has been granted an affiliate license to enter Pennsylvania’s regulated iGaming market.

Continuing its recent US expansion, Pennsylvania becomes the fourth state in which GiG’s Media division is active through its World Sports Network (WSN.com) and CasinoTopOnline.com brands.

“The Pennsylvania authorisation comes at an opportune moment for us [...]

2 mins read
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