IGaming Business

Gaming Innovation Group secures pole position in casino affiliation by acquiring KaFe Rocks

Retrieved on: 
Wednesday, November 8, 2023
IGaming Business, EV, Family, Catena Media, EBITDA, Acquisition, Financial assistance (share purchase), Growth, Harvard Innovation Labs, Marketing, SPA, KAFE, EU, Acceleration, Gig, Fine chemical, Nightclub

ST JULIANS, Malta, Nov. 7, 2023 /PRNewswire/ -- Gaming Innovation Group Inc. (GiG) has today signed an agreement to acquire affiliate leader KaFe Rocks Ltd.

Key Points: 
  • ST JULIANS, Malta, Nov. 7, 2023 /PRNewswire/ -- Gaming Innovation Group Inc. (GiG) has today signed an agreement to acquire affiliate leader KaFe Rocks Ltd.
  • Through this strategic purchase, GiG Media will cement its position as the dominant lead generator within the lucrative online casino market.
  • Aimee Speight, spokesperson for KaFe Rocks, said: "It's a momentous occasion for KaFe Rocks to join forces with GiG Media.
  • This information is information that Gaming Innovation Group Inc. (GiG) is obliged to make public pursuant to the EU Market Abuse Regulation.

Bragg Gaming Extends Agreement with Entain for Provision of PAM to BetCity.nl

Retrieved on: 
Tuesday, November 7, 2023
Entertainment, General Entertainment, Online, Mobile Entertainment, Electronic Games, Casino, Gaming, Entain, IGaming Business, Sport, PAM, BRAG, Partnership, LSE, TSX, Video game

Bragg Gaming Group Inc. ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced it has extended its agreement with Entain Plc (LSE: ENTL) to supply Entain’s Dutch iGaming operator, BetCity.nl, with the Company’s Player Account Management (“PAM”) platform until 2025.

Key Points: 
  • Bragg Gaming Group Inc. ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced it has extended its agreement with Entain Plc (LSE: ENTL) to supply Entain’s Dutch iGaming operator, BetCity.nl, with the Company’s Player Account Management (“PAM”) platform until 2025.
  • In addition, Bragg will integrate with several new iGaming suppliers to further enhance the localized content portfolio the Company provides to the Netherlands market.
  • Matevž Mazij, Bragg Chairman and Chief Executive Officer, commented, “As reflected in BetCity.nl’s strong market position, we have enjoyed a highly successful partnership since launching with them a little over two years ago.
  • The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future.

Galaxy Gaming Announces Leadership Change

Retrieved on: 
Monday, November 6, 2023
Adjustment, IGaming Business, AGS, OTCQB, Galaxy Game, Mark Lipparelli, Caesars Entertainment, Konami Game Master, Growth, Marketing, Revenue, University, University of San Diego School of Law, UCLA, Casino, Management, Galaxy

The Company’s Board of Directors has appointed Matt Reback, who will join Galaxy on November 13, 2023.

Key Points: 
  • The Company’s Board of Directors has appointed Matt Reback, who will join Galaxy on November 13, 2023.
  • “Matt brings to Galaxy a combination of 20 years of leadership skills acquired in the gaming industry from both operator and technology companies.
  • On a positive note, we are making this change with a solid foundation intact, and we are well-positioned going into the 2024 fiscal year.”
    “I am looking forward to joining the Galaxy team and continuing what has been a great story in the gaming industry,” stated Matt Reback.
  • Lipparelli added, “We are appreciative of Todd Cravens’ material contributions to the development of Galaxy over the past six years, including navigating successfully the difficult pandemic period.

DoubleDown Interactive Completes Acquisition Of iGaming Operator, SuprNation

Retrieved on: 
Tuesday, October 31, 2023
IGaming Business, Madtown Doubledown, Acquisition, Growth, Marketing, Isle, Video game

SEATTLE, Oct. 31, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, announced today the completion of its previously announced acquisition of iGaming operator, SuprNation AB (“SuprNation”), for total cash consideration of approximately $36.5 million(1) (€34.3 million).

Key Points: 
  • SEATTLE, Oct. 31, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, announced today the completion of its previously announced acquisition of iGaming operator, SuprNation AB (“SuprNation”), for total cash consideration of approximately $36.5 million(1) (€34.3 million).
  • The acquisition diversifies the digital games categories that DoubleDown addresses with the addition of three real-money iGaming sites in Western Europe.
  • In Keuk Kim, Chief Executive Officer of the Company, will be appointed as the Chairman of SuprNation.
  • SuprNation is a technology company founded in 2015 to serve as a home for creative people in the iGaming industry.

Bragg Gaming Launches New Content Portfolio with BetMGM in New Jersey

Retrieved on: 
Thursday, November 2, 2023
Entertainment, Other Entertainment, Online, Mobile Entertainment, Electronic Games, Casino, Gaming, IGaming Business, Gambling, Bragg, Magic, BRAG, Growth, RGS, MGM Resorts International, TSX, Video game

Bragg Gaming Group ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or “the Company”), today announced that it has launched its new content and Remote Game Server (“RGS”) technology with BetMGM in New Jersey.

Key Points: 
  • Bragg Gaming Group ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or “the Company”), today announced that it has launched its new content and Remote Game Server (“RGS”) technology with BetMGM in New Jersey.
  • The content rollout is powered by the launch of Bragg’s new RGS technology with BetMGM.
  • Through the launch of Bragg’s new content with BetMGM in New Jersey, the Company has extended an existing collaboration with a leading operator in North America.
  • Bragg also provides iGaming content for BetMGM players in Michigan and Pennsylvania.

BetMGM Opens Retail Sportsbook at Isleta Resort & Casino in New Mexico

Retrieved on: 
Wednesday, November 1, 2023
MGM Resorts International, Gambling, IGaming Business, Education, Sport, Pueblo of Isleta, British Columbia Lottery Corporation, Partnership, Casino

ALBUQUERQUE, N.M., Nov. 1, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced the opening of a new retail sportsbook at Isleta Resort & Casino in Albuquerque. This partnership marks BetMGM's sports betting launch in New Mexico.

Key Points: 
  • "This is an exciting moment for both Isleta Resort & Casino and those that enjoy the fun and excitement of sports betting.
  • We believe we are 'Where the fun begins' when it comes to New Mexico Gaming," said Adrianna Jiron, Chief Operations Officer, Isleta Resort & Casino.
  • Adam Greenblatt, Chief Executive Officer, BetMGM, said, "It's a privilege to enter New Mexico and collaborate with Isleta Resort & Casino.
  • Karl Waitner, Chief Executive Officer, Isleta Resort & Casino, said, "Isleta Resort & Casino's goal is to constantly improve the consumer experience.

BetMGM and Philadelphia 76ers Renew Official Sports Betting Partnership

Retrieved on: 
Thursday, October 26, 2023
IGaming Business, Philadelphia 76ers, Education, MGM Resorts International, Borgata, British Columbia Lottery Corporation, Partnership, Gambling, Wells Fargo Center, Light-emitting diode, VIP, Sport

PHILADELPHIA, Oct. 26, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today the renewal of its strategic partnership agreement with the Philadelphia 76ers. Under the agreement, BetMGM will continue as an Official Sports Betting Partner of the team. The multi-year extension includes the addition of BetMGM VIP fan experiences and watch parties, in-market odds boosts, and increased courtside signage at Wells Fargo Center.

Key Points: 
  • PHILADELPHIA, Oct. 26, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today the renewal of its strategic partnership agreement with the Philadelphia 76ers.
  • Under the agreement, BetMGM will continue as an Official Sports Betting Partner of the team.
  • BetMGM customers in Pennsylvania and New Jersey will exclusively have access to a 50% live odds boost token during 76ers games.
  • We are thrilled to build on our continued success here in the Philadelphia market and offer our unique experiences for BetMGM customers and 76ers fans alike."

NeoGames Announces Third Quarter 2023 Earnings Release Date

Retrieved on: 
Wednesday, October 25, 2023
Neogames, IGaming Business, Clothing, Security (finance)

LUXEMBOURG, Oct. 25, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announces that it will release its third quarter 2023 results after the market closes on Wednesday, November 8, 2023.

Key Points: 
  • LUXEMBOURG, Oct. 25, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announces that it will release its third quarter 2023 results after the market closes on Wednesday, November 8, 2023.

9M 2023 Crypto in iGaming Landscape: Moderate Growth Amidst Fiat Rise

Retrieved on: 
Wednesday, October 25, 2023
IGaming Business, Growth, Fiat, SOFTSWISS, Cryptocurrency

GZIRA, Malta, Oct. 25, 2023 /PRNewswire/ -- SOFTSWISS' latest analysis indicates that the cryptocurrency segment is experiencing slower growth compared to the broader iGaming industry.

Key Points: 
  • GZIRA, Malta, Oct. 25, 2023 /PRNewswire/ -- SOFTSWISS' latest analysis indicates that the cryptocurrency segment is experiencing slower growth compared to the broader iGaming industry.
  • The pioneer in offering cutting-edge crypto iGaming software presents insights into the latest crypto gaming trends.
  • It takes into account the in-game currency conversion capabilities , enabling SOFTSWISS clients to involve players with cryptocurrency holdings in games originally tailored for fiat.
  • In the comparative analysis of crypto bets spanning the first nine months of 2023 and the same period of the previous year, a noteworthy 18.7% monetary growth is observed.

9M 2023 Crypto in iGaming Landscape: Moderate Growth Amidst Fiat Rise

Retrieved on: 
Wednesday, October 25, 2023
IGaming Business, Growth, Fiat, SOFTSWISS, Cryptocurrency

GZIRA, Malta, Oct. 25, 2023 /PRNewswire/ -- SOFTSWISS' latest analysis indicates that the cryptocurrency segment is experiencing slower growth compared to the broader iGaming industry.

Key Points: 
  • GZIRA, Malta, Oct. 25, 2023 /PRNewswire/ -- SOFTSWISS' latest analysis indicates that the cryptocurrency segment is experiencing slower growth compared to the broader iGaming industry.
  • The pioneer in offering cutting-edge crypto iGaming software presents insights into the latest crypto gaming trends.
  • It takes into account the in-game currency conversion capabilities , enabling SOFTSWISS clients to involve players with cryptocurrency holdings in games originally tailored for fiat.
  • In the comparative analysis of crypto bets spanning the first nine months of 2023 and the same period of the previous year, a noteworthy 18.7% monetary growth is observed.