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75 million) in September so as to acquire the complete shareholding of Red Tiger Gaming Limited.44 million) but result in annual savings of around ￡12.”For its part, BetVictor Director ...

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Swedish online casino games developer NetEnt AB has announced that it will be significantly reducing its workforce as a result of better-than-expected synergies with the Red Tiger Gaming Limited concern it purchased last autumn.Commenting on the recent collaboration, Chief Commercial Officer for Singular, Robert Dowling, said…“We are always looking to work with the industry’s best content developers, so we are delighted to bring Playson on board.51 million) tranche of B-shares before being followed in twelve months’ time by an identical instalment....

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08 million (.68 million) beginning from the second half of the year. The integration will unleash the full potential of our shared capabilities, create significant efficiency gains in games development and strengthen our position as the market leader in online casino....

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The recently inked deal will see the iGaming provider and aggregator supply its comprehensive portfolio of in-house developed and third-party casino content to the online sports betting and online casino operator.”Much like Playson’s current deal, its immersive suite of titles will likewise be made available across the software developer‘s operator network.Quickening combination:NetEnt AB proclaimed that the redundancies are ‘being implemented to speed up the full integration’ of Red Tiger Gaming Limited and are to see ‘several functions’ relocated with the loss of some 120 full-time positions at its offices in Sweden and Malta....

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