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The Stockholm-headquartered innovator used an official press release to declare that the changes are part of an ongoing restructuring that will allow it ‘to further strengthen competitiveness and increase efficiency’ after spending some £200 million (6.12 million).51 million) tranche of B-shares before being followed in twelve months’ time by an identical instalment....


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12 million). 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.”Investor involvement:NetEnt AB used a second press release to detail that the success of its acquisition has additionally prompted it to speed up the payment of an earn-out consideration agreed with the original shareholders in Red Tiger Gaming Limited worth some £23 million (....


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32 million new B-shares for the original investors in Red Tiger Gaming.26 million) and encompassing some 6.Positive prospects:Therese Hillman, Chief Executive Officer for NetEnt AB, used the press release to pronounce that the acquisition of Red Tiger Gaming Limited had ‘exceeded expectations’ due to a raft of synergies alongside ‘increased efficiency and economies of scale’....


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B2B supplier for the online gambling industry Relax Gaming has added British independent bookmaker BetVictor to its growing roster of operators.Read a statement from Hillman…“We are now entering the next phase of the integration with Red Tiger Gaming Limited, whose sellers are also becoming shareholders of NetEnt AB.43 million (1....