Gambling Clear News
Mikolaj Cymerman has been appointed chief commercial officer of the Central and Eastern Europe (CEE) division of Entain and taken on a board advisory role with Polish sportsbook operator STS Holdings. Cymerman confirmed the news in a LinkedIn post, saying he will combine his two new roles at Entain and STS. He takes on the senior
Entain CEE is set to close the acquisition of STS on 24 August after its offer was accepted by investors holding 99.3% of the operator’s share capital. Entain CEE’s tender offer, announced in June, sees the joint venture pay PLN24.80 per STS share for an equity value of £750m, and an enterprise value of approximately
The Tar Heel State has released its first week’s sports betting figures, with a total handle already nearing a quarter of a billion dollars. The North Carolina State Lottery Commission has plenty of reasons to celebrate with over $198m wagered in the first week of sports betting, starting on Monday 11 March. Detailed numbers have
Investment group Penta Investments is working alongside JP Morgan to explore the potential sale of Fortuna Entertainment Group. Penta is exploring its options for Fortuna, which currently operates in Poland, Croatia, Romania, Slovakia and the Czech Republic, running sites and betting shops under the Fortuna, Casa Parulior and PSK brands. Any sale of Fortuna could
The Juroszek family, former owners of Polish betting operator STS Holdings, are to become the largest shareholders in igaming supplier Gaming Innovation Group (GiG) with an 11.08% stake. The Juroszek family opted to buy shares in the “undervalued” GiG following last month’s announcement that they would be selling a 70% stake in STS to the
Safer gambling charity GamCare has announced that its chief executive Anna Hemmings has exited the charity after five years with the organisation. Hemmings led the charity through both the pandemic and the Gambling Act review and recently succeeded in obtaining new funding agreements. The safer gambling charity highlighted a number of accomplishments that Hemmings achieved
The Virginia Lottery has become the first lottery in the United States to operate a completely cloud-based ilottery programme following a partnership with technology provider NeoPollard Interactive (NPi). The technological support includes NeoDraw, the central gaming system for draw games, and NeoSphere, the player account management and marketing system. The integration also features NeoPlay, the
Bragg Gaming has reported record revenue, gross profit and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in both its its full year 2022 results ended 31 December and its fourth quarter. Bragg’s revenue for the fourth quarter was €23.7m (£20.8m/$25.5m) a rise of 50.3% year-on-year, while revenue for the full year was €84.7m
Clarion Gaming has announced the shortlist for the 2023 iGB Affiliate Awards. Awards to be handed out on 9 February at The Troxy include Best Poker Affiliate; Best Sports Betting Affiliate; Best Casino Affiliate; Best Bingo Affiliate; Best Crypto Affiliate; Best Affiliate Manager; Best Affiliate Programme; Best Affiliate Network; Safer Gambling Initiative of the Year
