Latest News
TopBetta to acquire DynamicOdds
Reading Time: 2 minutes
TopBetta Holdings Ltd. (TBH), a betting company based in Australia, is going to buy DynamicOdds Pty. Ltd., data feed and bookmaker comparison website, also based in Australia, as part of its plans for global expansion.
TBH informed the Australian Securities Exchange on Thursday that it entered into “a binding, conditional heads of agreement” to acquire 100 percent shares of DynamicOdds and the associated licensing owned by C.D.K. Limited.
DynamicOdds offers an odds comparison, as well as a subscription service that allows users to place bets with bookmakers.
According to the agreement, TBH must issue to Dynamic IT Group Pty. Ltd. 10 million unquoted options on the bookmaker’s shares, pegged at AUD0.20 (US$0.15) per option within two years from the date of issue.
On completion, TBH must pay AUD1.5 million (US$1.13 million) to DynamicOdds shareholders in consideration for the acquisition of the platform’s shares and AUD1 million ($755,600.9) to C.D.K. for asset purchase.
TBH will also have to pay C.D.K another A$7.5 million ($5.67 million) or issue shares with the same value. Should the Australian-listed firm fail to discharge C.D.K. balance within 12 months of completion, TBH must transfer the DynamicOdds shares and the assets back to the latter’s shareholders.
CEO Todd Buckingham said the acquisition provides a huge opportunity to expand TopBetta‘s business into other verticals via partnerships with sporting and racing bodies globally, noting that the acquisition of DynamicOdds “is the perfect complementary business to continue with our company’s growth.”
DynamicOdds CEO David Begg said the acquisition would provide opportunities within racing and sports markets, not only in Australia but also in the UK and the United States.
“Since its inception, DynamicOdds has established itself as an integral part of the Australian wagering landscape at both retail and commercial levels,” Begg said in a statement.
TBH’s total revenue hit AUD6.9 million ($5.5 million) in the October to December 2017 period, a 401 per cent increase from AUD1.377 million ($1.1 million) in the same period a year earlier.
The Australian bookmaker attributed the revenue jump to the growth of Alderney-based subsidiary The Global Tote (Tote), and a positive quarterly period for its Australia-based retail platform.
Source: CalvinAyre.com
Source: Latest News on European Gaming Media Network
The 2025 Gaming in Spain Conference, which is set to take place June 26 in Madrid, will bring you the latest news on Spain’s regulated iGaming market.
Mikel Arana confirmed as keynote speaker
The event’s keynote will be delivered by Mr. Mikel Arana, Director General of Span’s Directorate for the Regulation of Gambling (DGOJ).
Mr. Arana will explain both the latest regulatory developments and the resulting obligations for Spanish-licensed online operators.
Other topics & speakers
A series of far-reaching advertising restrictions that were initially overturned by Spain’s Supreme Court last year appear close to being reintroduced as part of a new public health law. The introduction of these restrictions s expected to have a significant impact on Spain’s regulated market.
Other regulatory measures that have been recently introduced or that are currently in preparation include a single spending limit across all games, as well as (future) cross-operator deposit limits and the introduction of a single regulator-approved problem gambling detection algorithm.
To discuss these and other topics, we have currently confirmed the following speakers: Jorge Hinojosa, Director General, JDigital; Xavi Muñoz, Partner, ECIJA; Camille Gonzálvez, Gambling Lawyer, ECIJA; and Josh Hodgson, COO, H2 Gambling Capital.
Additional speakers will be announced soon!
Dedicated LatAm sessions
In addition to our Spain-focused main program, the 2025 GiS Conference will also feature several sessions specifically dedicated to LatAm markets.
Country-specific breakout sessions on Brazil, Colombia, and Peru will be part of the program. Expect in-depth sessions on the latest regulatory developments and data-driven market analysis!
Willem van Oort, Founder of Gaming in Spain commented: “Although Spain remains, of course, the focus of our event, I am very glad that we are also looking a bit farther this year. For Spain-facing operators, LatAm is an exciting region to consider for expansion. Happily, we have speakers who are fully updated on local regulations and market conditions.”
Extensive networking opportunities
The 2025 GiS Conference offers extensive networking opportunities. Meet the Spanish market’s key decision makers in person!
Practical information
The 2025 GiS Conference will take place June 26 at Auditorium ECIJA, located on Calle de Serrano, Madrid’s “golden street” in the commercial heart of Spain’s vibrant capital.
Registration for the 2025 Gaming in Spain Conference is already open.
The post 2025 Gaming in Spain Conference: Mikel Arana confirmed as keynote speaker appeared first on European Gaming Industry News.
Latest News
Mindway AI Achieves ISO 27001 Certification for Excellence in Information Security Management
Mindway AI, a leading innovator in artificial intelligence solutions for player safety, is proud to announce that it has achieved ISO 27001 certification, a highly respected standard for information security management systems (ISMS). This certification underscores Mindway AI’s commitment to upholding the highest standards of information security across its infrastructure, applications, and systems that guarantee the seamless delivery of our products and services.
ISO 27001 is an internationally recognised standard that sets the framework for an effective ISMS, focusing on continual improvement, assessment of security risks, and implementation of necessary controls to safeguard information assets. By attaining this certification, Mindway AI demonstrates its dedication to maintaining the confidentiality, integrity, and availability of customer data and sensitive information.
“Achieving ISO 27001 certification is a huge and very significant milestone for us over here at Mindway AI,” said Rasmus Kjaergaard, CEO of Mindway AI. “In today’s digital age, robust information security is critical to building trust with our customers. This certification validates our rigorous processes and unwavering commitment to protecting our clients’ information and delivering our solutions with the utmost security.”
The certification process involved a very comprehensive work and workload before the audit conducted by an independent third-party auditor, assessing Mindway AI’s ISMS and all its policies against the stringent requirements of the ISO 27001 standard. The scope of this certification encompasses the infrastructure, applications, policies, processes, and systems that play a core role in delivering Mindway AI’s innovative AI-driven products and services to our valued customers.
Mindway AI continues to invest in its security infrastructure and aims to exceed industry standards, ensuring that its clients can rely on the company as a trusted partner. Customers can expect top-tier protection of their data, supported by rigorous security protocols and continuous improvements.
The post Mindway AI Achieves ISO 27001 Certification for Excellence in Information Security Management appeared first on European Gaming Industry News.
Marc Burroughes has been appointed Chief Commercial Officer (CCO) of EveryMatrix’s Casino division, driven by CasinoEngine, the group’s flagship integration platform powering global tier-1 operators to record growth.
Burroughes has spent close to two decades in the iGaming industry including senior roles at IGT, Light & Wonder and OpenBet with extensive commercial experience setting strategies and managing tier-1 customers in integrating content from leading game studios, platforms and aggregation solutions.
Reporting to casino business unit CEO Stian Enger, he will be responsible for commercial strategy across EveryMatrix’s CasinoEngine business unit that generated €2.8 billion in Gross Gaming Revenue (GGR) for customers in 2024, processing more than 73 billion game rounds.
His new CCO role involves a multitude of responsibilities including defining and setting the commercial strategy for CasinoEngine; delivering the forthcoming EngageSuite ecosystem to existing and new clients; working closely with the SlotMatrix and EveryMatrix Games teams to help customers move to a full platform solution and more.
Ebbe Groes, Group CEO and Co-Founder, EveryMatrix, said: “Marc has a strong track record working in senior positions for some of the industry’s major providers and delivering premium casino solutions for tier-1 brands.
“As we continue to grow at pace, and as our casino business unit goes from strength-to-strength, we’re looking to accelerate this even further in the months and years ahead under Marc’s commercial leadership.”
Marc Burroughes, CCO, Casino, EveryMatrix, said: “When the opportunity came to join EveryMatrix on their journey to rapid growth there was only one answer I could give.
“The group’s casino division is among the best I’ve seen in my 17 years in the industry and it still has room to significantly grow. I want to maximise all the opportunities we’ve identified and I’m confident we can achieve some big targets.”
The post Marc Burroughes appointed Chief Commercial Officer Casino at EveryMatrix appeared first on European Gaming Industry News.
2025 Gaming in Spain Conference: Mikel Arana confirmed as keynote speaker
Mindway AI Achieves ISO 27001 Certification for Excellence in Information Security Management
Marc Burroughes appointed Chief Commercial Officer Casino at EveryMatrix
Playson powers ahead in Europe with Fenikss partnership
Yggdrasil expands YGG Masters Program with Black Cat Games
Gaming Corps Partners with 32Red to Expand UK Presence
Galaxy Esports Becomes a Member of the Esports Integrity Commission
Bacta Promotes Simon Bradbury to Head of SR and Compliance
CT Gaming Expands in Macedonia with a Landmark Installation
Dutch Gaming Authority Focuses on Tackling Illegal Gambling Apps
-
Latest News2 months agoSportradar’s Alpha Odds Receives Dual Honors at European iGaming Awards 2025
-
Latest News2 months ago
Fall in Love with Nature’s Greatest Romantics This Valentine’s Day at Springbok Casino and Claim 25 Free Spins
-
Latest News2 months agoSwintt secured ISO 27001: 2022 certification
-
Latest News3 months ago
Award-winning platform that connects studios and online casino affiliates has improved its accuracy-checking capabilities through advanced AI technology
-
Latest News2 months agoIndia’s Biggest Gamers, Including Techno Gamerz, GamerFleet & Mythpat – battle at PlayGalaxy Cup 3.0
-
Latest News5 days ago
SARA TENDULKAR JOINS JETSYNTHESYS’ GLOBAL E-CRICKET PREMIER LEAGUE AS MUMBAI FRANCHISE OWNER FOR SEASON 2
-
Latest News4 days ago
DreamPlay consolidates its status as a global player in the iGaming industry and opens an office and campus in Cyprus
-
Latest News5 days agoEveryTip.com Hits Major Milestone Ahead of Grand National with Record Tipster Listings
You must be logged in to post a comment Login