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Enlabs Makes a Mandatory Public Offer to the Shareholders of Global Gaming

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Enlabs Makes a Mandatory Public Offer to the Shareholders of Global Gaming
Enlabs Makes a Mandatory Public Offer to the Shareholders of Global GamingReading Time: 3 minutes

 

Enlabs announced on August 26, 2020, that Enlabs had acquired 9,878,086 shares in Global Gaming 555 AB on the same day, for a purchase price corresponding to SEK 11 per share (where 50 percent of the purchase price was paid in cash and 50 percent was paid through newly issued shares in Enlabs), and thus increased Enlabs’ ownership from 29.89 percent to 54.06 percent of all shares and votes in Global Gaming, which meant that Enlabs was required to make a mandatory public offer for the remaining shares in Global Gaming in accordance with the Takeover rules for certain trading platforms (the “Takeover rules”). Since the announcement, Enlabs has acquired additional shares in Global Gaming in the market and Enlabs’ ownership at the time of publication of this press release amounts to 66.70 percent of all shares and votes in Global Gaming.

Considering the above, Enlabs hereby makes a mandatory public offer to the shareholders of Global Gaming to transfer all their shares in Global Gaming to Enlabs (the “Offer”). The consideration of the Offer consists of three alternatives: (a) a cash consideration, (b) a share consideration in the form of shares in Enlabs, or (c) a combination corresponding to 50 percent as cash consideration and 50 percent as share consideration. All consideration alternatives correspond to SEK 11 per Global Gaming share. Enlabs will not increase the offered consideration.

The shares in both Enlabs and Global Gaming are listed on the Nasdaq First North Growth Market (“First North”).

The Offer in brief

At the time of the Offer, Enlabs owns 27,266,114 shares in Global Gaming, corresponding to 66.70 percent of all outstanding shares and votes in Global Gaming.
The Offer values all shares in Global Gaming at approximately SEK 450 million.
Enlabs offers the shareholders in Global Gaming as consideration, for each share in Global Gaming, either:
a cash consideration of SEK 11 (the “Cash Consideration”),
0.36 shares in Enlabs (the “Share Consideration”), or
a combination corresponding to 50 percent as Cash Consideration and 50 percent as Share Consideration.
Enlabs will not increase the offered consideration.

The Offer entails a premium of approximately 15 percent in relation to the closing price on First North for the Global Gaming share on August 26, 2020 (which was the last trading day before Enlabs announced its intention to submit a public bid offer to the shareholders in Global Gaming) and a premium of approximately 1 percent in relation to the closing price on First North for the Global Gaming share on September 21, 2020 (which was the last trading day before the announcement of the Offer). Furthermore, the Offer entails a premium of approximately 4 percent in relation to the volume-weighted average share price for the Global Gaming share during the last thirty (30) trading days, and a premium of approximately 13 percent based on the volume-weighted average share price for the Global Gaming share during the last ninety (90) trading days, up to and including September 21, 2020.
The board of directors of Global Gaming, or an assembled independent bidding committee of Global Gaming, shall publish its opinion on the Offer and the reasons for this opinion no later than two weeks before the expiry of the acceptance period. Furthermore, Global Gaming must obtain and, no later than two weeks before the end of the acceptance period, publish a fairness opinion regarding the Offer from independent expertise. At the time of publication of this press release, neither such statement nor a fairness opinion have been published.
Enlabs’ completion of the Offer is only conditional on the acquisition being approved, if applicable, by the relevant competition authorities.

Enlabs will publish an offer document regarding the Offer, which is expected to take place around October 2, 2020. The acceptance period for the Offer is expected to begin around October 5, 2020 and end around November 2, 2020.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Enlabs Makes a Mandatory Public Offer to the Shareholders of Global Gaming

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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PHILIPPINE GGR HITS PHP215B IN H1; E-GAMES TAKE 53% SHARE

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The Philippine gaming industry maintained its strong performance in the first half of 2025 with gross gaming revenues (GGR) reaching Php214.75 billion – up 26% from Php171 billion in the same period last year, the Philippine Amusement and Gaming Corporation (PAGCOR) said.

The Electronic Games sector – composed of E-Games, E-Bingo, and Bingo grantees – continued to pace the industry with Php114.83 billion in gross revenues or 53.47% of total GGR, said PAGCOR Chairman and CEO Alejandro H Tengco.

Licensed casinos – comprised of integrated resorts and brick-and-mortar casinos in Metro Manila, Clark, Cebu, La Union and Rizal – also remained a significant revenue driver, contributing Php93.36 billion or 43.47% of the industry GGR.

Meanwhile, PAGCOR-operated casinos added Php6.56 billion, representing 3.06% of the overall industry performance.

Despite robust earnings from the online gaming space, Mr. Tengco emphasized the need to maintain regulatory equilibrium as the industry continues to evolve.

“PAGCOR recognizes the earning potential of the E-Games sector, but as the country’s gaming regulator, our foremost responsibility is to ensure that growth comes with accountability,” Mr. Tengco said.

“Our role goes beyond revenue generation; and as partners of the government in nation-building, we are committed to always strike a balance between enabling industry expansion and ensuring it aligns with responsible gaming standards,” he added.

The PAGCOR chief noted that the state gaming agency recently signed a memorandum of understanding with the Ad Standards Council (ASC) to strengthen the monitoring of gambling-related advertisements across all platforms.

It also recently ordered the takedown of all gambling ads in public spaces and primetime TV by August 15 this year.

“These efforts are part of our broader mission to ensure that online gambling is not only well-regulated but also aligned with public interest,” Mr. Tengco added.

With the continued growth of the local gaming sector, PAGCOR also reaffirmed its focus on sustaining reforms that promote transparency, industry compliance, and inclusive national development.

 

The post PHILIPPINE GGR HITS PHP215B IN H1; E-GAMES TAKE 53% SHARE appeared first on European Gaming Industry News.

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FBM® refreshes Spin & Win game series in Mexico with eight new slots

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The FBM® Spin & Win collection is growing and brings eight new slot themes to Mexico. Mystery Gems™, Lucky Neko™, Dragon Festival™, Han’ei Panda™, Dragon Jewels™, Fruity Splash™, Flow of Fortune™, and Filipina Reels™ are now available in Mexican casinos, featuring five game features and two shared jackpots for players to enjoy!

After the launch of an initial game pack, FBM refreshes its slot games lineup with FBM Spin & Win 3 – a pack of eight captivating slot titles. Focusing on diverse themes, this game series ensures a smooth, pleasant, and prosperous slot gaming experience by offering eight adventures to Mexican casino players with rich graphics and sounds, charismatic characters, and symbolic creatures.

FBM Spin & Win 3 is a versatile slot game product line ideal for casino floors targeting time-on-device players, looking for a wide variety of features and game themes. Accessible to all budgets, this game series presents simple and engaging game mechanics, compatible with any casino floor layout since it is easily installed on the Galaxy II and Shadow III cabinets.

The Minor and Grand progressive jackpots of this slot collection have a high frequency and are shared across all games, leading the attractive payouts offered by the product’s feature set. The eight themes include five different game features: Wild Boom, Lucky Bell, Stacked Wild, Triple Wild, and Expanding Wild Multiplier.

Spreading, multiplying, expanding, taking over entire reels, or increasing prize frequency are the main effects on this features list, designed to bring suspense, adrenaline, and unpredictability to gaming sessions.

New slot games available on FBM Spin & Win 3

  • Mystery Gems™ – 40 lines, mines theme, Wild Boom as game feature.
  • Lucky Neko™ – 50 lines, Asian theme with a fortune feline as protagonist, Triple Wild as game feature.
  • Dragon Festival™ – 30 lines, Asian theme with the dragon as main character, Lucky Bell as game feature.
  • Han’ei Panda™ – 50 lines, nature theme with a Panda as main character, Stacked Wild as game feature.
  • Dragon Jewels™ – 60 lines, theme inspired in the Asian culture with the dragon as main symbol, Expanding Wild Multiplier as game feature.
  • Fruity Splash™ – 30 lines, a food-themed game, and Lucky Bell as the game feature.
  • Flow of Fortune™ – 40 lines, theme of Asian inspiration with bonsai and dragon as main references, and Wild Boom as the game feature.
  • Filipina Reels™ – 60 lines, a typical Filipino slot experience where free spins have a higher frequency.


FBM is ready to Spin & Win in casinos across Mexico

From the celebration of powerful dragons to the hunt for hidden treasures in the mines, FBM Spin & Win 3’s diverse themes and innovative features offer something unique for every player, and are now set to expand across Mexican casinos.

Following the recent launches of titles such as Xing Fú Fortune™ Money Trees and Croc’s Lock™, FBM refreshes its slots portfolio in this market with FBM Spin & Win 3. This product line delivers a variety of adventures with engaging gameplay and high-frequency jackpots, ensuring strong attraction, engagement, and retention among local players.

 

The post FBM® refreshes Spin & Win game series in Mexico with eight new slots appeared first on European Gaming Industry News.

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Gaming Americas Weekly Roundup – July 21-27

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

ALT Sports Data, the global leader in engagement solutions and official data for emerging sports, has appointed Neale Deeley as SVP of Sportsbook. Deeley brings over two decades of industry experience and a proven track record of driving innovation and commercial growth in sports wagering. In his new role, Deeley will lead the company’s global sports betting strategy, spearheading market expansion, deepening operator partnerships and accelerating the monetization of emerging sports through regulated betting markets. He will work closely with sportsbooks and gaming partners to build scalable betting products that delivers unique fan engagement opportunities and new revenue streams across ASD’s portfolio of exclusive sports properties.

SEGG Media Corporation, a leading technology company transforming the global intersection of sports, entertainment and gaming, has selected IBN, a multifaceted financial news and publishing company serving private and public entities, to spearhead its corporate communications efforts. SEGG Media aims to deliver immersive, real-time experiences through next-generation technology that redefines how audiences interact with their favorite content and communities. Following a full-scale corporate transformation and rebrand, the company now operates across three high-growth verticals: Sports.com, Entertainment and Lottery.com.

Partnerships

Amusnet Brasil has announced the official go live of its partnership with Cactus Gaming, a B2B platform serving some of the leading operators in the Brazilian market. With this integration, the game provider adds 25 new operators to its distribution network, further expanding its reach through a structure aligned with the regulated market. With operations now underway, Cactus clients gain access to a robust portfolio and features that enhance the end-user experience. Among the featured games now live are the fun and dynamic Coin Gobbler, the immersive Cavemen and Dinosaurs, and titles that have proven their success in multiple markets, such as Rise of Ra, Cocktail Dice and 7 & Crystals.

TaDa Gaming has signed a new partnership with EveryMatrix for further exposure in the North American iGaming market through its B2B aggregator platform SlotMatrix. Powered by EveryMatrix, SlotMatrix offers effortless integration of premium content across global platforms for boosted revenue and game offering. Following its parent company’s 2022 signing with BetMGM, the leading iGaming operator in the US, SlotMatrix has built a solid reputation with BetMGM players who will now be able to access TaDa content, beginning with latest Triluck release, 3 Coins Treasure, across the states of Michigan and Pennsylvania.

Mission Media AI, a next-generation cross-platform distribution and monetization company, has announced a strategic partnership with VsiN. The partnership strengthens Mission Media’s growing footprint in the sports space and unlocks new revenue opportunities for VsiN across their multitude of consumer touch points, including 8 regional sports networks, YouTube TV, SiriusXM channel 158, more than 20 weekly podcasts, streaming audio station, website and an app available for mobile and connected devices like iOS, Roku, Fire TV, Samsung, Google Play and LG. VsiN delivers real-time, actionable sports betting content from some of the most respected and trusted voices in the industry. Mission Media AI will scale VsiN’s monetization strategy, enabling premium access for advertisers looking to reach an engaged, data-driven audience.

The post Gaming Americas Weekly Roundup – July 21-27 appeared first on European Gaming Industry News.

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