As previously announced, Enlabs has acquired 29.9% of the shares in Global Gaming 555 AB, and in connection with this called for an Extraordinary General Meeting (EGM) in Global Gaming to elect a new Board of Directors. Global Gaming has called for an EGM which will be held today, August 6, 2020.
Due to this, Enlabs has submitted a proposal for a new board composition as follows.

New election of:

Christian Rasmussen. Has a background from e.g. Evli Bank and as an analyst at AB Spiltan. He has been running his own business in corporate finance since 2010. Christian has participated in a large number of transactions in the gaming industry, and has both in-depth knowledge of M&A and the gaming industry.

Michael Niklasson. Lawyer since 1995 and runs his own law firm. Has a solid business law background with special knowledge in compliance and has been active as an advisor to companies in the gaming industry since the 1990s.

Niklas Braathen. Active in the gaming industry since 1985 and is e.g. Chairman of the Board of Enlabs AB.

Jonas Bertilsson. CEO of the investment company Rugosa. Jonas has a broad background in the M&A and finance. He is Chairman of the Board of Nordic eTrade AB and a board member of Acroud together with several other companies, and was previously a board member of Varenne Invest.

Re-election of:

Arne Reinemo. Elected to the Board of Global Gaming at the Annual General Meeting on May 8, 2020, has a background from, among others, McKinsey & Co and Creo Advisors.

Enlabs AB has further proposed that Niklas Braathen be appointed Chairman of the Board of Global Gaming and that Christian Rasmusen be appointed new Chairman of the Remuneration Committee.

About ENLABS:
ENLABS stands for Entertainment Laboratories. We are a company that creates entertainment through innovative thinking within gaming. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella, Minsk and Stockholm. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 200 employees.

Spain based slot developer Triple Cherry has landed a deal with leading content aggregator Hub88, which will see its games distributed to Hub88’s wide range of operator partners.

The agreement will see the entire Triple Cherry portfolio, including titles such as Saint Fermin or Carnaval do Rio, sit alongside Hub88’s extensive collection of around 3,000 games from more than 40 of the world’s top casino developers.

Hub88’s operator partners will enjoy new titles featuring world-class graphics and geographically targeted content.

Triple Cherry CEO Juan Antonio Galindo said: “This partnership is a fantastic step forward for Triple Cherry. We are delighted to see our games reaching a wider, international audience, and there are few better ways to do that than via Hub88.”

Hub88 Director Vladimir Negine added: “We are always looking to add new and innovative content to our platform, and that is what drew us to Triple Cherry. Their experienced team is creating engaging casino games which can perform well across multiple jurisdictions.”