Betsson AB purchases a 35% stake in Strive Platform Limited
Ahead of its planned launch into the United States market and prominent online casino operator Betsson AB has announced the acquisition of a 35% stake in iGaming platform provider Strive Platform Limited.
The Swedish firm used an official Monday press release to detail that the transaction for $6.5 million in cash was carried out by its Betsson Perch Investments AB subsidiary and also gives it the ability to buy a further 5% stake in the innovator for a future consideration of $1 million.
Rooted relationship:
Stockholm-headquartered Betsson AB is responsible for a plethora of online casino and sportsbetting domains including the likes of Betsafe.com, CasinoEuro.com and Guts.com and inked a deal late last year to enter the embryonic iGaming market of the United States u…
Gaming Innovation Group Strengthens Position in North America thorugh KaFe Rocks Acquisition
Gaming Innovation Group Inc. (GiG) acquires KaFe Rocks Ltd. Two industry leaders signed a deal, and the popular affiliate company will become a part of the GiG.
Expansion to North America:
GiG Media is the famous lead generator in the whole online casino industry, and this acquisition will strengthen the company’s position in the global market. It will also help the company in the North American expansion.
This is the latest company’s success in the recent period: in the last few years, GiG Media had 12 successive quarters in which it hit revenue records.
AGS buys Lucky Lucky blackjack side-bet advance from Aces Up Gaming
Prominent digital gaming entertainments specialist AGS has announced its acquisition of the Lucky Lucky blackjack side-bet advance from fellow American innovator Aces Up Gaming.
The Las Vegas-headquartered firm used an official Thursday press release to declare that the deal for an undisclosed amount of cash is destined to enhance its ‘rich content portfolio’ while simultaneously providing it with an opportunity to further grow its ‘industry-leading progressives’. This arrangement has been inked a little over seven months after AGS began offering its games to Canadian punters via Loto-Quebec and the Ontario Lottery and Gaming Corporation with the company stating that the product is to be immediately added to its already ‘unmatched value proposition�…
Olympic Esports Events For 2023 Include Gran Turismo, Just Dance, Chess
The Olympics aren’t just for traditional sports, as the International Olympics Committee announced recently that qualification for the Olympic Esports Series 2023 has begun. The events, which will culminate in the finals in Singapore in late June, will be streamed live on Olympics.com and on other social media sites.
So far, nine events have been confirmed for the Olympic Esports Series. Just Dance will represent the dance event, Chess.com will be used for the chess event, and motor sport competitors will vie for pole position in Gran Turismo 7. The other six events include archery (Tic Tac Bow), baseball (WBSC eBaseball: Power Pros), cycling (Zwift), sailing (Virtual Regatta), taekwondo (Virtual Taekwondo), and tennis (Tennis Clash).
Newport World Resorts Sees Major Leadership Changes- CEO, COO, and CFO Exit Simultaneously
Newport World Resorts, previously known as Resorts World Manila, experienced a significant shakeup in its leadership team over the weekend. The long-serving CEO, Kingson Sian, retired effective Saturday, June 1, while COO Hakan Dagtas and CFO Bernard Than also stepped down from their positions on the same day. Both Dagtas and Than, who had dedicated over a decade to Newport, were formerly part of the executive team at Star Cruises, which was owned by Newport’s former partner, Genting Hong Kong.
The ownership and management of Newport World Resorts fall under Travellers International Hotel Group, a subsidiary of Alliance Global Group, Inc. (AGI), a major Philippines conglomerate. AGI acquired Genting Hong Kong’s stake in Travellers in May 2023. Thi…
Nolimit City Launches Beheaded- A New Slot Game with High Stakes Adventure
Imagine being stranded on a tropical island after a harrowing shipwreck, unaware of the lurking danger that awaits in the shadows. Such is the premise of Beheaded, a new Nolimit City’s slot game that promises an unforgettable adventure.
The progress bar and its secrets:
At the heart of Beheaded lies the Progress Bar, reminiscent of Blood and Shadow, unlocking the mysteries of the Tzantza Warrior. Symbols from the reels contribute to this bar—Wild symbols bring 3 points, High Symbols add 2 points, and Medium Symbols contribute 1 point. As players progress through 5 levels, the excitement intensifies.
“Souls are collected from every High Paying Symbol dropped into the pot based on the level of progr…