Neonorchid

Swedish iGaming innovator Evolution Gaming Group AB has announced the signing of an agreement worth approximately $536 million that is destined to see it purchase smaller Australian rival Big Time Gaming Proprietary Limited.

The Stockholm-listed firm used an official press release to detail that the arrangement is expected to close during the second quarter of the year after it has handed over some $95.3 million in cash as well as shares valued in the region of $166.8 million to investors in Big Time Gaming Proprietary Limited. The company moreover revealed that this will be supplemented by up to $274 million in ‘earn-out payments’ to be based on the performance of its latest acquisition over the course of the next two years.

Latest link:

Evolut…

In the United States and a punter is reportedly suing the BetMGM-branded iGaming enterprise over allegations that it covered up software glitches affecting play on its New Jersey-facing online casino and sportsbetting domains.

According to a Wednesday report from The Wall Street Journal newspaper, Sam Antar has filed the action in New Jersey Superior Court at the same time as claiming that he had been regularly disconnected from the operator’s locally-licensed sites while holding favorable hands in online games of blackjack. The plaintiff is purportedly alleging that the malfunctioning iGaming service also fuelled his compulsive gambling habit by refusing to release any winnings until he had deposited even more funds.

Prominent parents:

BetMGM is …

Australian gaming machines innovator Aristocrat Leisure Limited has reportedly announced that it has raised just shy of $949 million in cash to aid its envisioned acquisition of British online casino games and software developer Playtech.

According to a report from Inside Asian Gaming, the Sydney-headquartered firm floated a proposition worth approximately $3.7 billion last month that would see it see it purchase all of the target’s outstanding shares at an individual price of about $9.10 Come from Sports betting site VPbet. The source detailed that such a merger would create an entity with a considerable stake in both the online and land-based gaming sectors and help Aristocrat Leisure Limited to secure long-term gr…

The Advertising Standards Authority (ASA) has recently taken action against several social casino ads on TikTok, suggesting that players could win real-world money or tangible prizes. ASA found these claims misleading, as these particular social casinos do not offer real-money prizes.  These rulings are part of a broader initiative ASA conducted in the UK to address concerns around gambling-like ads, following intelligence that prompted an investigation into such misleading promotional practices.

Specific cases of misleading advertising:

The ads in question were for the Billionaire Casino social casino app, which featured two distinct TikTok advertisements. The first ad depicted an individual claiming t…

Spanish gaming operator Codere SA could reportedly be about to offload its interests in Argentina as part of a plan from a group of new owners to help the floundering firm reorganize and improve profitability.

According to a Friday report from the local El Pais newspaper, the Madrid-headquartered company was established by Jose Antonio Martinez Sampedro in the 1980s and is today responsible for land-based and online gaming operations in Spain, Mexico, Argentina, Italy, Uruguay, Colombia and Panama. But the operator was purportedly last year placed under the control of creditors in the United States after being hard hit by the coronavirus pandemic and posting a deficit of roughly €237 million ($268.6 million) for the whole of 2020.

Parental possibility:

The newspape…

In the American state of North Carolina and the Catawba Indian Nation has announced the opening of a retail sportsbook within the temporary casino it runs outside the community of Kings Mountain.

The federally-recognized tribe used an official Tuesday press release (pdf) to detail that the new around-the-clock facility features a number of windows for redemption services alongside 30 self-service kiosks allowing punters to wager on a range of action from an array of sports encompassing baseball, auto racing and golf. The band additionally explained that the sportsbetting attraction has been premiered just in time for the start from later today of the latest National Football League (NFL) season to bring such entertainment to the around 2.7 million residents of …

British online casino games developer BF Games has introduced its growing portfolio to a new, more expansive audience in Romania after partnering with NetBet. The freshly-inked deal is to also see the London-headquartered provider launch in other regulated markets with the online bookmaker and iGaming operator.

Thanks to the new partnership, NetBet players are now able to experience BF Games’ entire offering of more than 60 titles, featuring both classic fruit slots and one-of-a-kind content, all made available to NetBet by way of iSoftBet’s game aggregation platform (GAP).

Recent hits such as the Ancient Egypt-themed Book of Gods and Buffalo Trail, which incorporate engaging features like the Persistent Wild Feature, the Cash Mesh Bonus, and in-game jackpots, ha…

Better Collective acquired the renowned Danish sports media Tipsbladet for 6.5 million EUR. 

Media with the longest tradition:

Tipsbladet established itself as the sports media with the longest tradition in the country and the entire Nordics Come from Sports betting site VPbet. It was founded in 1948, and since then, it survived the transition from print to online media and succeeded in maintaining its position as the leader in the industry. In 2000, the company launched its digital edition

ESA Gaming, a flagship iGaming provider and aggregator based in Malta, is excited to reveal that it has gone live in Serbia with MaxBet, the second largest gaming and sports wagering operator in Serbia. The agreement includes the official integration of ESA’s non-traditional casino games, involving mine and crash titles, on MaxBet’s platform.

Going live in Serbia:

With this partnership, ESA officially entered the Serbian regulated market, which is another European market on its list. Additionally, the firm hopes to introduce its latest content to a brand-new audience. Examples of EasySwipe™ content that will be hosted on MaxBet’s platform is: Dragon Mine, Goal Mine and Pirate Mine, with new upcoming releases to be added sho…