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STS Bet Signs a Deal with Push Gaming

Niji Narayan

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STS Bet Signs a Deal with Push Gaming
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STS Bet has signed a deal with Push Gaming. The deal will be facilitated by the Relax Gaming platform and will see players at STS Bet gain access to Push Gaming titles.

The operator will receive titles throughout the year as and when they are made available via the Relax Gaming platform.

“STS Bet is a hugely popular online sportsbook and casino brand and we are delighted to be integrating our suite of slots into its portfolio. We go to great lengths to ensure our titles deliver an engaging and entertaining experience and we believe they will prove to be hugely popular with STS Bet players,” James Marshall, CEO of Push Gaming, said.

“We spend a lot of time curating our online casino game lobby and only add quality slots that deliver the best player experience so integrating Push Gaming was a no brainer. Its games have taken to the market by storm, particularly Jammin Jars and Razor Shark both of which are firm favourites among the streaming community. We believe Push Gaming is a great addition to our portfolio and their titles will shoot up our charts in no time at all,” Jean-Marc Galea, casino product owner at STS Bet, said.

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Skywind Group Enters into Partnership with Sisal

Niji Narayan

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Skywind Group Enters into Partnership with Sisal
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Skywind Group has entered into a partnership with Sisal, one of Italy’s largest operators. As per the deal, Sisal will now gain access to more than 350 premium games alongside Skywind’s innovative and adaptive player engagement tools.

The partnership with Skywind will provide Sisal with premium, market-specific video slot games, including branded titles, such as CSI: Crime Scene Investigation, Lothar Matthaus: Be a Winner and El Principe. It also includes series of chicken theme titles such as Vinci La Gallina, La Gallina D’oro and Punto La Galina.

Combined with the premium games, Skywind provides strong acquision and retention tools in the form of unique, customisable player engagement tools. Skywind’s player engagement tools include split pot jackpots, time and amount based jackpots, in-game tournaments and the innovative reward system set to upend free spins, Bonus Coins.

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Spiffbet to Acquire Manisol Gaming

Niji Narayan

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Spiffbet to Acquire Manisol Gaming
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Online operator and supplier Spiffbet has signed a letter of intent to acquire Manisol Gaming, which operates Scandibet and TurboVegas.

Spiffbet will pay SEK20m to acquire the brands, while it will also acquire SEK10m in debt in doing so, meaning the debt-free initial price for the acquisition is SEK30m. An additional purchase consideration of up to SEK6m may be paid by the end of 2022 depending on meeting certain targets.

This payment may be made either in cash or with 50 million newly issued Spiffbet shares. Spiffbet shares are currently trading at €0.039 each on the Nasdaq First North Exchange.

“With this acquisition, Spiffbet reaches a critical mass and becomes a player to be reckoned with in the gaming industry. This also opens up opportunities for major acquisitions and structural deals in the future,” Henrik Svensson, chief executive of Spiffbet, said.

“The ambition is to get the maximum return on the advantage of being listed on the stock exchange, through our proven ability to carry out acquisitions and the large cost advantages that can be achieved thanks to higher turnover. This also strengthens the synergy effects between gaming services and our casino operations. We will continue to act as a locomotive for acquisitions,” he added.

The operator was founded and is owned by Johan Styren, who led LeoVegas’ Malta operations from 2012 to 2017, a period of major growth for the business. Styren will act as a strategic advisor to Spiffet’s board after the deal.

“It is very fun to find a new owner for Manisol at Spiffbet. Both companies have a good organisation with different qualities that I think will work well together. The companies really complement each other and can utilise each other’s strengths,” Styren said.

“It will be very fun to follow the business both as a major shareholder and strategic advisor in the future. And we can now significantly increase the pace of the investments we have already begun with establishment in additional markets, both in and outside Europe,” Styren added.

Spiffbet head of casino operations Maria Boelius said Styren and the entire Manisol team would help improve Spiffbet’s business.

“We really welcome Manisol with all employees. It will be a perfect reinforcement of our team and solve part of our recruitment needs. It is also an asset to have Johan Styren as a sounding board in the future with his solid industry experience. In one fell swoop, our conditions for growing and creating profitability are improved in a fantastic way,” Boelius said.

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Flutter Announces Safer Gambling Measures in Ireland

Niji Narayan

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Flutter Announces Safer Gambling Measures in Ireland
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Flutter Entertainment has announced that it will introduce a series of measures aimed at increasing betting security in the Irish market.

The measures include the commitment of 1% of Net Gaming Revenue (NGR) to support the research, education and treatment of problem gambling, the banning of credit card use on customers’ online and retail accounts, and a pre-watershed whistle-to-whistle advertising ban that will restrict advertising during live sport.

These measures are supplemented by a range of measures already in place to facilitate intervention when signs of harmful gambling behaviour are identified through artificial intelligence and human monitoring.

Conor Grant, CEO of Flutter UK & I, said: “We welcome the Irish Government’s commitment to introducing gambling regulation during its lifetime. But gambling operators must act responsibly without being required to do so.

“We recognise that gambling has undergone a technological transformation over the past two decades. The influence of the smartphone, social media, and on-demand streaming has been profound. We understand that legislating for these developments is complex and may take some time. We have decided to introduce several measures, well in advance of the legislation, to enhance the effectiveness of our safer gambling policies in Ireland.

“There is an extensive range of safer gambling measures already in place in our Irish business. There are clear benefits if these or similar measures were to be adopted market wide in Ireland. We have not always got it right as an industry and we must ensure collectively that we are doing all we can to prevent problem gambling. The reality is that protection and promotion measures will continue to evolve over time and new measures will need to be considered to promote moderation, safety and enjoyment in this era of digital gambling.”

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