Daily news

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    Isle of Man-based iGaming software supplier Microgaming has confirmed that it will close its Microgaming Poker Network (MPN) in 2020 following 16 years of service.

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    Affiliate marketing giant Better Collective has purchased a 19.99% stake in gambling intelligence software solutions provider Mindway AI for DKK4m (£471,688/€535,718/$592,728).

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    Problem gambling funding body GambleAware has joined forces with digital family life specialist Parent Zone on a new initiative designed to educate families about potential risks faced by children when playing online video games.

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    Mateusz and Zbigniew Juroszek, the owners of Polish bookmaker STS Gaming Group, has purchased 140,000 shares in affiliate marketing giant Better Collective for approximately €1m (£889,773/$1.1m).

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    iGaming software supplier and white label solutions provider EveryMatrix has struck a partnership with compliance specialist beBettor as part of its efforts to improve its social responsibility controls and ultimately have the suspension of its operating licence lifted.

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    Gambling operator Betsson has announced plans to issue a new senior unsecured bond with an expected initial minimum volume of SEK500m (£41.6m/€46.7m/$51.4m) to help support its ongoing growth and expansion strategy.

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    Online gaming software supplier EveryMatrix has pledged to use a GB Gambling Commission review into its business to enhance the compliance procedures and processes across its operations.

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    888 Holdings has appointed Mark Summerfield, the former interim chief financial officer of William Hill, to its board as an independent non-executive director and chairman of its audit committee.

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    Austrian gaming giant Novomatic has made a series of changes to its senior management team and also reorganised its supervisory and executive boards.

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    Affiliate marketing provider Gambling.com Group has secured $15.5m (£12.6m/€14.0m) in new investment from growth equity investment firm Edison Partners.

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    Stockholm-listed casino games developer NetEnt has agreed the first acquisition in its history, with a deal to take control of slot specialist Red Tiger Gaming worth up to £220m.

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    Gaming Innovation Group (GiG) has announced that Robin Reed is to leave his role as chief executive with immediate effect, and appointed its current chief operating officer, Richard Brown, as his temporary replacement.

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    William Hill chief executive Philip Bowcock is to step down from his role at the end of September, with the company's chief digital officer Ulrik Bengtsson named as his replacement.

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    The Malta Gaming Authority (MGA) has commenced the second phase of its Sandbox Framework, the intitative designed to explore the use of cryptocurrency by licensed gaming operators.

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    Better Collective has completed the acquisition of online gambling information website MyBettingSites.co.uk in a deal worth up to £2.2m (€2.4m/$2.7m).

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    Performance marketing specialist Raketech Group is to expand into the Japanese market through the €2m acquisition of Casumba Media.

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    Cherry-owned igaming operator ComeOn is to shut down operations in the UK in order to focus on what it described as "favourable markets".

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    Austrian gaming giant Novomatic has reported a 1.8% year-on-year fall in revenue for the first half of its financial year, with changes to gaming regulations in core markets such as Germany and Italy blamed for the decline. This led to significant increases in depreciation and amortisation, which drove down profit for the period.

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    Finnish gambling monopoly Veikkaus has appointed Regina Sippel as its new chief financial officer and announced an organisational restructuring that sees a number of executives take on additional duties.

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    Nasdaq First North-listed operator Enlabs has signed a letter of intent to acquire a licensed land-based gaming operator in Belarus.

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