It's not that we need new ideas, but we need to stop having old ideas.
—Edwin Land
| INVITE FRIENDS! |
| Preparing for a takeover |
GVC Holdings will acquire 51% of Georgian gambling group Crystalbet for €41 million (US$50.84 million) in cash as it expands to a new market.
The Crystalbet takeover will be complete by 2021.
The Isle of Man-based company described Crystalbet as a leading gaming operator with licenses to offer sports betting, casino games, poker, and peer-to-peer games. The remaining 49% will be bought by GVC in 2021 for €150 million.
Following the acquisition, GVC plans to boost Crystalbet's portfolio of gaming content, digital marketing capabilities, and purchasing power to the Georgian market. GVC earlier disposed its Turkish-facing business in November in the hopes of acquiring rival Ladbrokes Coral.
| FEATURED VIDEO |
Tiago Almeida: Social media is main source of Latin American traffic
In this interview with CalvinAyre.com’s Becky Liggero, the eGaming Services CEO explained why social media will be the best friend of affiliates trying to break ground in the Latin American market.
| FROM COINGEEK.COM |
Japan crypto exchanges agree to self-regulation
Sixteen registered operators have agreed to implement industry-wide investor safety standards that will self-regulate the cryptocurrency market.
| GLOBAL ROUND UP |
| EUROPE |
More than 200 experts in the sports betting industry will gather at Stamford Bridge in London for 40 key sessions and roundtable discussions on leadership, country market profiles, marketing and media.
The online gambling operator has finally returned to the Emerald Isle three years after it boarded ship and sailed for other lands.
| NORTH AMERICA |
A new casino expansion bill filed in Connecticut could mean the repeal of a law that greenlit the joint venture casino between Mashantucket Pequot and Mohegan tribes in East Windsor.
The regional casino operator will no longer manage nor provide branding and development services to the Hollywood Casino Jamul-San Diego after the latter failed to satisfy its financial obligations.
| FACT YOU NEED TO KNOW |
The largest slot-machine tournament took place in 2016 at Muckleshoot Casino in Washington where a total of 3,173 individuals participated and reportedly won more than $100,000 in cash overall.
| PRESS RELEASE |
Tom Light shares blockchain knowledge at Prague Gaming Summit 2018
SBTech’s Head of International Business Development is set to talk about the various uses of blockchain tech at the second edition of Prague Gaming Summit.
| SHOUT OUT |
Congratulations to Kalidou Sow for winning the Winamax Poker Tour Paris High Roller tournament! Sow’s third win in the competition had him defeating 376 entries for the $123,000 prize.
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