Inspired Entertainment has completed its purchase of Gaming Technology Group (NTG), a division of Austrian gaming equipment and solutions giant Novomatic’s UK subsidiary. The deal is worth $120m (£97.8m/€109.9m) and covers the six companies within NTG.
Morgan Stanley’s downgrading of some of the leading businesses in online poker has prompted The Stars Group to take steps to explain to players the measures it has employed to ensure they can enjoy a fair game, says poker chief Severin Rasset.
Online gaming solutions provider Aspire Global’s Karamba brand has been named as the subject of a lawsuit from Swedish consumer agency Konsumentombudsmannen (KO), who have accused Karamba of violating the marketing provisions of Sweden’s Gaming Act and Marketing Act.
Members of the Gaming Regulators’ European Forum (GREF) have completed their year-long study into gambling-like microtransactions in video games, but have opted against specific recommendations to introduce measures against the features.
Board members at Flutter and The Stars Group further outlined the details of the synergies from the companies’ mega-merger, while also assuring stakeholders that the deal would pass any competition-related hurdles.
The Global Lottery Monitoring System (GLMS) has again urged more countries to ratify the Council of Europe’s (CoE) Convention on the Manipulation of Sports Competitions to help strengthen its impact on tackling match-fixing in sport.
Flutter Entertainment, the parent company of Paddy Power Betfair, has agreed a deal to acquire all of the shares in The Stars Group and merge with the operator to form a combined business with annual revenue of £3.8bn (€4.3bn/$4.7bn).
Raketech Group has appointed Måns Svalborn as its new chief financial officer after Andreas Kovacs stepped aside from the role to take up the position as director of business development at the performance marketing specialist.