Business News and Headlines
Business
December 8, 2020
Spadegaming Joins iSoftBet’s Network Game Aggregation Platform
Asian slot games leader Spadegaming joins iSoftBet’s list of partner operators for the latter’s Game Aggregation Platform (GAP) offer. iSoftBet Announces New Agreement with Spadegaming Asian-based online games provider Spadegaming will now be included in iSoftBet’s huge network of aggregated titles, which features over 8,000 titles from more than 70 game studios. Known as GAP, […]
Business
December 7, 2020
ComeOn Group Appoints Juergen Reutter as CEO
Online gaming operator ComeOn has appointed former Addison Global founder Juergen Reutter as Chief Executive Officer, succeeding Lahcene Merzoug. ComeOn Welcomes New CEO ComeOn has announced that former Addison Global founder Juergen Reutter will assume the role of CEO, effective immediately. Mr. Reutter will succeed former CEO Lahcene Merzoug, who announced his departure from the […]
Business
December 7, 2020
Paysafe Enters $9 Billion Merger Agreement with Foley Trasimene Acquisition
Paysafe announced on December 7 it has entered a definitive agreement with Foley Trasimene Acquisition Corporation for their $9 billion merger. Deal Expected to Close in H1 2021 Online payments company Paysafe Group Holdings and Foley Trasimene Acquisition Corporation announced today they have reached a definitive agreement for their merger valued at $9 billion. The […]
Business
December 7, 2020
Avento Group Adds GiG’s Automated Compliance Tool
Under an agreement inked today, Avento MT Limited receives access to GiG’s automated marketing compliance screening tool, GiG Comply. According to Christine Bonaci, Senior Legal and Compliance Officer at Avento, the new tool will significantly ease the company’s work process. Avento MT Limited Receives Access to GiG’s Marketing Compliance Screening Tool Leading iGaming technology company, […]
Business
December 7, 2020
Apollo Signs $1.15 Billion Deal to Acquire IGT’s B2C Lottomatica Businesses
IGT announced on December 6 it will sell its B2C Lottomatica businesses to Apollo Global Management’s investment subsidiary for $1.15 billion. IGT Board Unanimously Approves Billion-Dollar Deal Multinational gaming provider International Game Technology (IGT) announced yesterday it has agreed to sell its Italian B2C Lottomatica businesses to Apollo Global Management’s finance subsidiary Gamenet Group for […]
Business
December 7, 2020
RGS Matrix to Launch JVL Labs IPs into Online Space
EveryMatrix has entered a remote gaming server contract with JVL Labs to launch its land-based titles into the online gaming space. A Landmark Deal Award-winning software solutions and sports betting supplier EveryMatrix have announced that it has entered a fresh remote gaming server contract with gaming leader JVL Labs. Through the deal, JVL Labs will […]
Business
December 6, 2020
Kyushu IR Promotion Council Will Seek to Boost Local Economy
Hodo Nakamura, governor of Nagasaki prefecture, stated that the Kyusu IR Promotion Council would be set up in late January or early February. Mr Nakamura commented on the likely date for setting up the administrative body during a Tuesday plenary session of the prefectural assembly. Buy Locally to Boost Local Economy The purpose of the […]
Business
December 6, 2020
Veikkaus Announces Negotiations for Possible Temporary Redundancies
Veikkaus revealed that it initiated discussions which may lead to temporary workforce redundancies. The government-owned betting agency was forced to close its venues in light of recent spikes of positive COVID-19 cases. Veikkaus Warns of Temporary Workforce Redundancies Finnish government-owned betting agency, Veikkaus, announced earlier this week that it has initiated negotiations concerning the function […]
Business
December 6, 2020
Playtech Partners up With SKS365 for a Game-Changing Experience
A new tie-up between Playtech and gaming operator SKS365 will allow Planetwin365 customers to access innovative gaming content provided by the former. Playtech’s Leading Suite and Branded Content on Planetwin365 International gaming and betting firm SKS365 has struck a new partnership with Playtech, a leading supplier for the iGaming industry. Moving forward, Playtech will provide […]
Business
December 6, 2020
XB Net Enters Distribution Agreement with VBET
North American XB Net has entered into a distribution agreement with flagship European sportsbook VBET, driven by Bet Construct. A Mutually Beneficial Deal Horse and greyhound racing content provider XB Net has announced that it has struck an agreement with VBET. Through the agreement, XB Net will supply the European sportsbook property with an assortment […]