Prominent online gaming software and platform provider Aspire Global has been named as the defendant in a pair of court cases that could potentially result in it being ordered to pay compensation totaling up to €101 million ($109 million).

In the first complaint, Aspire Global is being sued in the United Kingdom by the founders of sports betting software, solutions and services provider BtoBet, Alessandro Fried and Igor Lestar, for €36 million ($39 million). This pair inked a deal in 2020 to sell their company to the Malta-based defendant in exchange for an upfront payment of some €20 million ($21.6 million) as well as an earn-out consideration tied to future earnings before tax.

However, Fried and Lestar through their Sousa Enterprises Limited and Eltsar Limited entities are alleging Aspire Global, which was last year acquired by NeoGames as part of a deal worth some €402.3 million ($423.5 million), violated the terms of this share purchase agreement by spending too little and not charging enough so as to deliberately decrease revenues and the subsequent earn-out sum.

The complex case with its many intricacies is not expected to go to trial before 2025 but could well result in Aspire Global being ordered to pay more than the €36 million headline figure. The financial implications are even more concerning as the defendant’s NeoGames parent is currently in the process of being acquired by Aristocrat in an arrangement valued at north of €1 billion.

In the United States and Aspire Global has also been separately named as the offender in an action brought by Ebet Incorporated, which is the operator of the Karamba, Griffon Casino, Hopa, Generation VIP, Scratch2Cash, Gogawi, Dansk 777 and Bet Target iGaming brands. This Nevada action is seeking some €65 million ($70 million) embracing compensatory damages, punitive fines and other financial penalties to be proven at trial and moreover names AG Communications and other affiliated entities as defendants.

Ebet Incorporated acquired specific business-to-consumer (B2C) assets and associated websites from Aspire Global in 2021 and simultaneously entered into a ‘white-label’ operator agreement embracing collaborative efforts on the future running of the purchased assets. The plaintiff is claiming the defendants breached these deals by manipulating their books to falsify and overstate active player data and exaggerate the health of the acquired properties.

As if this wasn’t bad enough, Aspire Global is furthermore being accused by Ebet Incorporated of violating the terms of the agreements by materially failing to maintain necessary operations in Germany, falsifying records and violating industry regulations. The allegations could potentially shape the future trajectories of these companies as they also run to reputational harm, fraud, breach of contract and other unnamed violations due to be proven during the course of the trial.

This quarter, Betsson Spain introduced its players to Hacksaw classics Joker Bombs, Rotten, Pug Life, and more. They have since been joined by winning titles Wanted Dead or a Wild, RIP City and Chaos Crew 2.

Hacksaw Gaming has set clear sights on becoming a top provider in the market after launching in late 2021. Betsson Group boasts an impressive status of standing among the largest casinos in Spain, with more slot games than other operator in the jurisdiction. With a large array of gambling products for sports fans and jackpot lovers aside, Hacksaw Gaming will undoubtedly shine through instead with its stimulating cutting-edge portfolio of games.

It has truly been a journey for the pair, as Hacksaw Gaming going live with this particular casino marked their 6th regulated market launch with Betsson since announcing their affiliation in 2021. On top of that, we have since seen Hacksaw’s games hit the screens on Betsafe Lithuania in November, with Betsson Croatia next in line in the coming weeks.

“What a way to celebrate 60 years of Betsson! Exciting news – we’re now live with the awesome games from Hacksaw Gaming. Our goal is simple: give our loyal customers a bunch of new and cool games, and this partnership is making it happen!” said Laura Sanchez, Casino Manager of Betsson Spain.

“It is always a pleasure collaborating with Betsson. We are nearing 2024 with great enthusiasm for more successful launches!” added Marcus Cordes, CEO of Hacksaw Gaming.

Bragg Gaming Group has bolstered its presence in a number of key markets after taking its content live with Sportium in Spain, with Mexico and Colombia set to follow.

Titles from Bragg’s exclusive casino content portfolio, as well as aggregated games from third-party providers, have been introduced to Sportium’s platform and are now available to the leading operator’s customers.

A renowned operator in Spain since 2007, CIRSA-owned Sportium has expanded its offering to regions in LatAm over the last seven years, quickly gaining market share with its premium sports betting and casino products.

The partnership with Sportium sees Bragg significantly cement its foothold in the Spanish market and is a testament to the supplier’s broad and localized content offering.

The upcoming launch with the operator in LatAm forms part of the company’s strategy to roll out with more partners in the region, as more countries prepare to regulate online casino.

Matej Nemec, Commercial Director at Bragg Gaming Group, said: “The collaboration with Sportium is an important one for us as we continue our global expansion, with Spain a key market today, and LatAm a crucial part of our future growth trajectory.

“Sportium is a trusted operator with decades of experience and a strong brand and we are thrilled to add our popular titles to its online casino in Spain and regulated markets in LatAm.”