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Evolution

Evolution launches live casino in Pennsylvania with Caesars

Stockholm-listed live dealer specialist Evolution Gaming has launched its live casino games in Pennsylvania with leading US casino operator Caesars Entertainment.

Evolution’s portfolio of live casino and game show-style games have gone online via the Caesars Casino & Sportsbook app through a partnership with Harrah's Philadelphia Casino & Racetrack, and will [...]

2 mins read
Sweden flag

Sweden seeks to extend temporary gambling restrictions until June

The Swedish government has proposed to extend the temporary gambling restrictions introduced in the country in response to COVID-19 until next June.

The temporary restrictions came into force in July in response to the perceived risk of increased problem gambling as a result of unemployment, financial uncertainty or mental health issues [...]

1 min read
Relax Gaming

Relax Gaming gains rights to Big Time Gaming’s Megaclusters mechanic

Casino games provider Relax Gaming has secured the exclusive intellectual property rights to Big Time Gaming’s (BTG) Megaclusters slot mechanic for the next 12 months.

Relax is the first supplier to secure the rights to Megaclusters, which offers an additional twist to the cluster pay concept and has proved widely popular [...]

2 mins read

R. Franco Digital begins rollout of new sports betting platform in Spain

Spanish gaming supplier R. Franco Digital has begun the roll out of its upgraded omnichannel sports betting platform with operator partners in Spain.

The launch of the new IRIS 4.0 retail and online sports betting platform follows more than two years of research and development and provides operators with an increased [...]

2 mins read

AG Communications warned for breach of gambling regulations in Sweden

Aspire Global subsidiary AG Communications has been warned that it faces financial penalties if it breaches gaming regulations in future.

The Patent and Market Court division of the Stockholm District Court found that AG Communications breached five separate gaming and advertising regulations in Sweden during 2019, with each breach attracting a [...]

1 min read
Sazka

Apollo Global Management to invest €500m in Sazka

Czech investor and Sazka Group owner Karel Komárek has agreed a €500m deal to give Apollo Global Management a stake in the European lottery and gaming operator.

Apollo will invest €500m in a newly established subsidiary of Komárek’s KKCG Group, which will in turn be the 100 per cent owner of [...]

1 min read

Yggdrasil expands into Central Europe with Fortuna Entertainment

Casino games provider Yggdrasil has signed a deal to launch its content with Central European betting and gaming operator Fortuna Entertainment Group.

The agreement will see Yggdrasil’s content go live in countries such as Slovakia, Romania and the Czech Republic, including slots such as Hades, Jackpot Express, the Viking series of [...]

2 mins read

bet-at-home.com revenue decline continues into third quarter

Frankfurt-listed online betting and gaming operator bet-at-home.com has reported a 16 per cent drop in net revenue to €73.5m for the first nine months of 2020.

bet-at-home.com generated total betting and gaming turnover of €2.1bn during the period, a decline of 12.5 per cent compared to the same period last year, [...]

1 min read
Raketech

Raketech enters US market with American Gambler acquisition

Stockholm-listed iGaming affiliate Raketech has entered the United States with the acquisition of sports betting affiliate Americangambler.com for €5m.

The agreed purchase price represents a multiple of approximately 3.9x EBITDA and 3.5x revenue, based on current run rate, with the acquisition expected to contribute between 5 and 10 per cent of [...]

3 mins read

bet-at-home.com predicts lower revenue due to new German gaming regulations

Frankfurt-listed iGaming operator bet-at-home.com expects a €20m fall in gross betting and gaming revenue next year as a result of the new regulations in Germany.

bet-at-home.com secured German licence approval last week, allowing the company to offer online slots, poker and sports betting to players in Germany.

The authorisation is subject to [...]

1 min read
Kambi

Kambi profits as US growth drives record third quarter revenue

Stockholm-listed sports betting technology provider Kambi Group has posted a 22 per cent increase in revenue to a record €28.1m in the third quarter of 2020, helping profit for the period double compared to last year.

After a difficult trading period in the second quarter, the year-on-year revenue growth in Q3 [...]

1 min read

GI Games Round-up: Microgaming, ELK Studios, RubyPlay and more

This week’s games round-up from Gaming Intelligence features the likes of Playtech, Pragmatic Play, Microgaming, Blueprint Gaming, iSoftBet, Nolimit City, RubyPlay and ELK Studios, among others.

Playtech’s Gold Pile: Toltec Treasure

Playtech’s Rarestone studio has released the first game in its new Gold Pile series of games with the launch of Gold [...]

11 mins read
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