Gambling Clear News
Swedish gaming operator Kindred Group has confirmed that chief marketing officer Elen Barber and chief commercial officer Anne-Jaap Snijders have both resigned from the company. Alongside former CCO and current interim CEO Nils Andén, Barber and Snijders led a review of Kindred’s commercial and marketing operations in the second half of 2022. Kindred said that
Henrik Tjärnström has resigned as chief executive of Kindred Group, with chief commercial officer Nils Andén to serve as his interim replacement. Henrik Tjärnström first joined Kindred Group, then Unibet, as a non-executive director in 2003. He became its chief financial officer and deputy CEO in 2008, before taking the top job two years later.
Social casino developer DoubleDown Interactive has announced the first sequential revenue increase in eight quarters in its Q1 financial report. DoubleDown framed the “solid” Q1 results as consequence of the company’s strong business model, highlighting that it often achieved adjusted EBITDA margins of more than 30% in addition to “significant” cash flow. Chief executive Keuk
Geolocation and risk solutions provider GeoComply has acquired compliance and licensing management company OneComply, its first acquisition. As part of the acquisition, GeoComply‘s customers will be able to use OneComply’s set of tools to complete the entire licensing process from start to finish, from initial applications for licences to continuous compliance management. OneComply offers a
Esports betting operator and media business Rivalry announced it will be receiving CA$10m ($7.3m/ €6.6m/ £5.9m) in new strategic financing through the issuance of new stock. Rivalry will raise the financing by issuing up to 6,666,666 subordinate voting shares at a price of $1.50 per share. The business said that online bookmaker Pinnacle, alongside a
Igaming and esports supplier Esports Entertainment Group (EEG) has announced that it has entered into an agreement to exchange the majority of its debt with company stock. The business entered into the deal with the holder of the debt, Alto Opportunity Master Fund, which agreed to exchange the remaining balance of the company’s liabilities into
Gambling technology business Aristocrat Leisure has nominated Jennifer Aument as a non-executive director, subject to receipt of all relevant regulatory pre- approvals. A highly experienced executive, Aument most recently served as global chief executive for transportation at Aecom, where she led a team of over 14,000 people. Prior to this, Aument spent over 15 years
Regulatory technology business GeoComply has announced that it has tapped former Meta director of engineering Vadim Jelezniakov as its new chief technology officer. Previous to joining GeoComply, Jelezniakov worked at a number of blue chip US corporations including Google, Amazon and the New York Times. During his career, he has worked within product development, specialising
Gaming Innovation Group (GiG) announced today the launch of a new B2B modifiable platform Enterprise Solution for operators that manage their own technology stack. The product – which is aimed at complimenting the business’s existing Software as a Service (SaaS) licensing model – will allow technically capable clients to modify or build up the supplier’s
Gaming provider Aristocrat Gaming announced today that it chose Inspired Entertainment to launch a new “virtual sports experience” for football fans though the company’s licensing agreement with the National Football League. The NFL-themed virtual sports games will allow fans to bet on teams as they compete in simulated games. Aristocrat said that users will be
