NetEnt acquires casino software provider Red Tiger

NetEnt has entered into an agreement to acquire fast-growing online slot supplier Red Tiger Gaming Limited (“Red Tiger”) in an all-cash deal with an initial enterprise value of GBP 200 million plus a possible additional amount of maximum GBP 23 million in 2022. The transaction will be completed imminently and is expected to be accretive to NetEnt’s EPS in 2020. Established in 2014, Red Tiger is a leading online supplier of casino games and software renowned for its daily jackpot games. The company has approximately 170 employees with operations in Malta, Isle of Man and Bulgaria. Red Tiger’s earnings before

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THQ Nordic becomes Embracer Group to clarify group structure and strategy

THQ Nordic AB today presents the Board of Directors’ proposal to change the name of the parent company THQ Nordic AB (publ) to Embracer Group AB (publ). The strategic rationale behind the proposal is to clarify the group structure and strategy with the Parent Company as a holding company. The Group currently has three wholly owned operative groups: Koch Media/Deep Silver, Coffee Stain and THQ Nordic GmbH – all that will remain unchanged. The proposed name change to Embracer Group AB (publ) is subject to approval at the AGM September 17. New website and visual identity will be launched on

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NetEnt games live in Pennsylvania, USA

As expected, the new regulated online gambling market in Pennsylvania has opened. After successful integrations, NetEnt’s games are now live in the US state. In March this year, NetEnt, through its subsidiary NetEnt Americas LLC, was granted an Interactive Gaming Manufacturer Conditional License by the Pennsylvania Gaming Control Board (PGCB). Pennsylvania is the second large US state to regulate online casino and with almost 13 million people, it is the fifth largest state by population. The state has a long tradition of gambling on the land-based side. As previously communicated, NetEnt has signed customer agreements with several gambling operators in

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AMF invests SEK 277 million in Exeger that recently signed its first commercial contract with major global brand

Swedish pension company AMF invests SEK 277 million (EUR 26.2 million) in Exeger Sweden AB (Publ), a Swedish solar technology company. Exeger develops and produces novel printable solar cells for use in consumer electronics, smart homes, and other applications. The investment gives AMF a 6% ownership in the company and aims to diversify their portfolio and increase returns for their investors. The Exeger solar cell works efficiently in ambient light conditions, in both artificial and natural light, with the potential to enable self-powered devices. Exeger intends to change the perception of available energy by integrating the solar cell into mass

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Scout Gaming wins “Fantasy Sports Supplier of the year” at EGR B2B awards for the second year in a row

In fierce competition, Scout Gaming repeated last year’s victory at EGR by winning “Fantasy Sports Supplier of the year” 2019 edition. year”We are pleased that we once again won the prize and believe we are leading the innovation in this part of the sector. During the year we have launched both Fantasy Match-up and a beta version of the world-unique sportsbook based on expected player points, with our in-house player pricing. We are continuing the development and expecting to launch an Inplay Fantasy product in the second half of the year, in which you are a manager in real time,

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Scout Gaming granted betting license

Scout Gaming Group has been granted a license by Malta Gaming Authority, which enables Scout Gaming to provide betting related services, to operators under the Maltese regulation. Scout Gaming has been granted permission from Malta Gaming Authority (MGA) to offer its recently developed products to operators licensed under MGA. As a part of the company’s strategy to offer additional sport related services, a bunch of new games is expected to be launched under the second half of the year. “Our player pricing is the foundation of additional odds related products, a prerequisite for launching these in Europe has been a

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Jarl Securities merges name with CatCap to CarlSquare

Knutsson Holdings founded Jarl Securities in 2011. In summer 2018 Knutsson Holdings sold its shares in the company to german CatCap. PRESS RELEASE Effective immediately CatCap, Centric, DMC and Jarl Securities have changed their names to Carlsquare, combining four independent companies to create one. “We are happy to announce our new brand name. It symbolises both our heritage and our common will to build a new global player in the M&A market”, says Michael Moritz, Founding Partner of CatCap. CatCap started as a local corporate finance team in Hamburg in 2000 and has now grown to a leading firm in

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NetEnt signs landmark deal with DraftKings in New Jersey

NetEnt has entered into an online casino supplier agreement with DraftKings for the regulated market in New Jersey (USA). NetEnt is increasing its footprint in the regulated online gambling market in New Jersey and are very proud to announce a new agreement with fast growing operator DraftKings. In the coming weeks NetEnt a large selection of casino games will be launched and available to Draftkings players. “We are very excited to have landed a deal with DraftKings. As the world leader in fantasy sports, with a large player base they will add a new dimension to the market and we

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TCSJOHNHUXLEY: Blaze Roulette – taking the global Roulette market by storm

With the need to offer players something new and exciting in the live table gaming space, it’s no wonder Blaze Roulette is taking the global Roulette market by storm. Exciting players, increasing game play, assisting dealers and enhancing security in casinos from Europe to the US and Africa to Asia, Blaze is at the top of everyone’s table gaming wish list. Want to find out more? We’ve got 5 key reasons that Blaze Roulette is a must for your gaming floor. Engage players Committed table game enthusiasts, players migrating over from slots and new casino players alike all love Blaze

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