Enlabs Increases its Stake in Global Gaming
Enlabs has increased its stake in Global Gaming from 66.7% to 95.8% at the deadline of its acceptance period for its bid for the Ninja Casino operator.
The acceptance period for the Offer has ended on November 2 and Enlabs has decided not to extend the acceptance period. The aggregation of acceptances has now been completed and as of November 2, the Offer had been accepted by shareholders in Global Gaming corresponding to a total holding of 10,659,142 shares, corresponding to approximately 26.1% of the total number of shares and votes in Global Gaming.
Enlabs declared the Offer unconditional on October 8, 2020. All conditions for the Offer have been met and Enlabs will thus complete the Offer and acquire the shares submitted in the Offer.
At the time of the announcement of the Offer, Enlabs ownership in Global Gaming amounted to 27,266,114 shares. During the acceptance period, Enlabs has also acquired 1,216,469 shares in Global Gaming outside the Offer, corresponding to approximately 3% of the total amount of shares and votes in Global Gaming. No such acquisitions have been made at a consideration that exceeds the consideration in the Offer.
In total, Enlabs thus holds a total of 39,141,725 shares in Global Gaming, corresponding to approximately 95.8% of the total number of shares and votes in Global Gaming. Enlabs does not hold any other financial instruments that give Enlabs a financial exposure corresponding to a holding of shares in Global Gaming.
To the shareholders who have accepted the Offer during the acceptance period, payment of the cash consideration is expected to begin around November 9 and payment of the share consideration is expected to begin around December 1.
Enlabs intends to request compulsory redemption in accordance with the rules in the Swedish Companies Act in order to acquire the remaining outstanding shares in Global Gaming and promote a delisting of Global Gaming’s shares from Nasdaq First North Growth Market Stockholm.
FeniBet partners with Stakelogic
Latvian online casino operators strengthen their presence in the market with in-demand developer’s classic slots and modern video slots
Stakelogic strengthens its position in the Latvian market as one of the leading providers of classic and video slot content, by partnering with FeniBet – a top newcomer in the online casino segment in Latvia.
The partnership will strengthen FeniBet’s game portfolio, thus, position in the market, as one of the leading, and fast-growing online entertainment providers.
Stakelogic is one of the leaders in classic slots, with a very wide range of games, especially fruit-themed games, which are among the most popular worldwide. Stakelogic games offer a unique gaming experience – a series of classic slot games with excellent graphics, bonus features, and multipliers, and with one of the main game features – Super Stake, available across a wide range of the provider’s classic and modern video slot games. This gives users maximum experience – a high-class game in all of its aspects – graphics, sound, mechanics, and, of course, bonuses.
World’s top games Cash Express, Wild Buzz, El Cowboy Megaways, Devil’s Trap, and the just-launched Diamond Staxx MultipaysTM – are now even more available in Latvia.
Danila Dzehs, Senior Sales Manager at Stakelogic, said: “FeniBet is a top teir operator in Latvia and this partnership further establishes Stakelogic as a leading content provider. Our games are proven in Latvia and will allow the operator to elevate the experience it offers to players.”
Martins Opmanis, Head of IT from FeniBet, added: “Stakelogic is rapidly gaining popularity, and we want our customers to enjoy its classic and modern video slots. We look forward to introducing Stakelogic flagship Super Stake feature to elevate our players’ experience on FeniBet.”
TOPsport makes Lithuanian slot history with record payout
One lucky player scoops incredible €305,600 prize
TOPsport, one of Lithuania’s leading online casinos, made iGaming history in the country earlier in February after one customer won over €305,600, the biggest prize ever claimed from a digital slot.
The lucky individual secured the impressive win whilst playing Playson’s hugely popular title, Joker’s Coins: Hold and Win, showcasing the title’s ability to deliver an entertaining experience packed with significant win potential.
Established in 2002, TOPsport is Lithuania’s premier online casino and this record slot payout further cements its position as the go-to platform for players across the country. It also further enhances the operator’s partnership with Playson, having deployed the developer’s wide range of games since 2019.
Released in January 2022, Joker’s Coins is still a huge part of Playson’s portfolio, propelling the supplier higher in the iGaming world. The slot boasts captivating audio-visuals that, along with the coveted Hold and Win mechanic, have become renowned for increasing player engagement and retention.
Evoplay boosts Baltic reach in Uniclub Lithuania deal
Award-winning game development studio Evoplay has further expanded its presence in Lithuania by supplying its innovative slots to online casino Uniclub.
The partnership sees the studio integrate 53 of its most engaging games, including the popular Fruit Super Nova series and immersive Ice Mania release. As part of the deal, Uniclub is set to benefit from some of the market’s most innovative video slots available, which has firmly cemented Evoplay as a leading European gaming supplier.
The Uniclub.lt website presents Lithuanian players with a diverse selection of games from an extensive line up of industry providers. The operator also offers multiple live betting options, with users able to place bets on a wide range of sports including basketball, football, tennis and e-sports.
Thanks to the partnership, this latest agreement sees Evoplay further strengthen its presence in Lithuania’s developing online market.
The award-winning studio first entered the country two years ago, after obtaining a gaming certification from the country’s certification standard, Gaming Labs International (GLI).
Commenting on the partnership, Vladimir Malakchi, CCO at Evoplay, said: “As a company with global ambitions, we’re always happy to reinforce our foothold and player reach across Europe, delivering some of the best games around.
“The deal with Uniclub allows us to deliver our engaging content to more players in Lithuania and enables us to maintain our impressive commercial momentum. We’re hoping 2023 will be a prosperous year for the company and striking deals like this is a great start.”
Martynas Matulevičius, Uniclub CEO, added: “We’re excited to have added Evoplay’s content onto our online casino. The studio has made a name for itself as one o the best and most forward-thinking suppliers in the industry.
“We pride ourselves in being able to offer immersive and high-quality products to our players, therefore, striking deals with the likes of Evoplay is extremely important.”
As a leading iGaming studio, Evoplay enjoyed an outstanding 2022 and won SBC’s coveted Innovation in Casino Entertainment award. The studio also further established its leading credentials by taking home the only two supplier-focused awards available at 2022’s EGR Marketing and Innovation Awards.
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