Swedish gaming firm Betsson has signed a deal to acquire Nordic Gaming Group. The Maltese-licensed company will change hands for an initial price of €65 million and it means Betsson can offer services via the NordicBet, Tobet and Triobet brands. The deal strengthens Betsson’s hand in the Nordic and Baltic regions and it’s something that isn’t missed by company CEO and president Magnus Silfverberg.
“Through this transaction, Betsson continues to strengthen its Nordic operations and its leading position amongst the private gaming company alternatives in the Nordic region,” said Silfverberg. “In addition, Betsson’s brand portfolio is strengthened significantly within the betting segment, as NGG receives approximately fifty percent of its revenues from sportsbook.”
An additional payment of up to €20 million will be due based upon performance and it will bring the total price to €85 million. As well as the advantages in the two regions mentioned the deal will result in an injection of staff that can help the business as a whole.
Gaming industry supplier FutureLogic has appointed Steve Zbin as its customer experience manager. Zbin will become the firm’s point of contact for customers and deal with any inquiries that crop up. He has worked at the firm for eight years in various positions, his last being business manager.
Testing house NMi has been shortlisted for two eGR B2B awards. The company will battle it out for the “Corporate Services Provider of the Year” and “Fraud & Compliance Solution of the Year” gongs. This year’s ceremony takes place on May 10, 2012 at London’s Wembley Stadium.
WMS Industries will report its third quarter results on April 30, 2012. The company, which has eyes on regulated online poker in Nevada, will may give an idea of how that process is going in the results update.