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Shareholder strength:The developer asserted that these exercises are to result in its issued share capital rising by around 2.75 million) in September so as to acquire the complete shareholding of Red Tiger Gaming Limited.5% to approximately 3....

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44 million) but result in annual savings of around ￡12.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.03 million)....

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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’. The firm furthermore explained that the move is expected to immediately cost it7spins cas ino lgdm approximately ￡2.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....