Connect with us
European Gaming Congress Milan
SIS

Industry News

Green light for ORYX’s integration with Mr Green

George Miller

Published

on

Green light for ORYX’s integration with Mr Green
Reading Time: 2 minutes

 

ORYX Gaming, a Bragg Gaming Group company, has gone live with Mr Green and has integrated its world-renowned casino titles onto the platform.

The start of the year has been incredibly busy for ORYX and this latest content agreement with Mr Green is a significant one for the business. Under the terms, ORYX has integrated a full library of proprietary games, its portfolio of Aggregator games and a strong selection of premium games from Gamomat, Kalamba, Golden Hero and Givme Games.

Mr Green is famed as a leading gambling company that offers online casino, Sportsbook, Live Casino, Bingo, and Keno. The company is licensed in the UK, Sweden, Denmark, Malta, Italy, and holds a sportsbook license in Ireland. Recent survey results showed Mr Green as the fifth most well-known brand in Sweden, with a significant European presence. In January 2019, Mr Green was acquired by one of the world’s leading betting and gaming companies William Hill PLC.

At the end of 2018 ORYX was acquired by Bragg Gaming Group, a next generation gaming group that focuses on the newly emerging area of legalized U.S. sports betting.

“Adding our casino content to the Mr Green platform is a major step for ORYX and we expect big results from the deal as we move through 2019,” said Matevz Mazij, CEO of ORYX Gaming CEO. “I strongly believe our portfolio of games is a perfect match with its player base and we look forward to a successful partnership.”

Antoine Bonello, Chief Operating Officer at Mr. Green added: “ORYX will give us the opportunity to expand our current content portfolio, adding specific content that we know has a strong appeal in some of our key markets. This is aligned with our strategy to provide a  customer proposition with a localized twist, taking into consideration the insights from focused market research and customer feedback from specific regions”.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Industry News

Flutter may have to Sell its Brands to Survive Competition Scrutiny over Stars Group Mega-Merger

Niji Narayan

Published

on

Flutter may have to Sell its Brands to Survive Competition Scrutiny over Stars Group Mega-Merger
Reading Time: 1 minute

 

Flutter Entertainment and The Stars Group have announced a £10 billion all-share combination that will create the world’s largest online gaming and sports betting group by revenue, earlier this month. According to the analysts, Flutter Entertainment could be forced to sell its brands, including its flagship one Paddy Power, in order to get competition authorities’ blessing to complete the merger.

According to indie financial services firm Canaccord Genuity, Flutter, whose investors will hold a 55% stake in the combined entity, could be ordered to sell both retail and online brands in order to get approval from UK’s Competition and Markets Authority to complete the deal.

Canaccord Genuity analysts say that the most “logical decision” would be for Flutter to sell Paddy Power’s online and retail business, given the importance of The Stars Group’s presence in lucrative markets such the US sports betting market through its BetStars and Sky Bet brands.

Canaccord Genuity says that the sale of Paddy Power would certainly be an “emotionally difficult decision” as the combined group’s plan is to have its headquarters in Dublin where Paddy Power has been based since its inception in the late 1990s.

According to Morgan Stanley analysts, the combined entity’s online betting revenue will be 50% higher than rival bet365’s and about twice as large as that of GVC Holdings, the owner of Ladbrokes Coral and a plethora of other popular brands.

The combination of the two gambling giants is expected to close in the second half of 2020 pending regulatory approval.

Continue Reading

Gambling in the USA

Caesars and Eldorado Set Date for Shareholders Meetings

Niji Narayan

Published

on

Caesars and Eldorado Set Date for Shareholders Meetings
Photo Source: bloomberg.com
Reading Time: 1 minute

 

Caesars Entertainment and Eldorado Resorts have announced that they will hold separate shareholder meetings on November 15 to vote on their proposed US$17.3 billion merger.

The meetings will see Caesars shareholders cast their vote at Caesars Palace in Las Vegas from 9 am Pacific Time while Eldorado shareholders will converge on Eldorado Resort in Reno. At stake is one of the biggest corporate gaming industry deals in history, with Eldorado looking to acquire the entire outstanding share capital in Caesars by way of a US$7.2 billion cash payment, 77 million Eldorado common shares and the assumption of Caesars’ outstanding net debt.

If approved, Caesars will merge with Eldorado subsidiary Colt Merger Sub Inc and become a new wholly-owned Eldorado subsidiary existing under the Caesars name.

Continue Reading

Industry News

Privatisation of FDJ to Begin in November

Niji Narayan

Published

on

Privatisation of FDJ to Begin in November
Reading Time: 1 minute

 

Bruno Le Maire, France’s finance minister, has revealed that the subscription period for Française des Jeux’s (FDJ) initial public offering (IPO) will run from November 7–20. The privatisation of FDJ, the leading operator in Europe, in being anticipated as one of the year’s main highlights.

Bruno Le Maire said that French people and investors will have the chance to subscribe to FDJ shares between November 7 and November 20. He added that the state will not fix a limit for the offering, and that retail investors will get one free share for every 10 shares purchased and a 2% discount on the offer price.

The French state currently holds 72% of FDJ, but after the privatisation, it will only have 20% of the company. Government spokeswoman Sibeth Ndiaye said that the ordinance ends the FDJ monopoly to replace it with a limited-term right, set at 25 years and renewable.

“I hope that this privatisation popularly succeeds with the widest participation possible,” Le Maire said. The minister added that the privatisation will allow the company to develop and reach its full potential.

As part of the privatisation, the French government unveiled the creation of the L’autorité nationale des jeux (ANJ), which will replace L’autorité nationale de régulation des jeux en ligne (ARJEL).

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.