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Swedish Stock Exchange has the largest number of online gambling companies



Stockholm’s stock exchange seems to be most preferred destination of European online gambling companies. The stock exchange hosts as many as such companies. Most of them arrived during the last year or so, following a wave of IPOs beginning in 2017.

This is a welcome news for the industry, as the country is preparing for structural re-regulation and liberalisation of its online gambling market.

LeoVegas, Aspire Global AB, Cherry, Kindred Group, and Betsson are  companies who have opted either for Nasdaq Nordic, known to be the main Stockholm board, or the First North market over the past years.

Danish developer of online gaming products Better Collective was the latest company to float on the Stockholm stock exchange. It started trading its shares on the main Nasdaq Stockholm market on June 8.

As mentioned above, the Swedish capital currently has 19 listed companies operating in the European online gambling industry, beating out the London Stock Exchange which is currently home to 16 gambling companies.

As many as seven iGaming companies have listed on the Nasdaq Nordic or First North markets since the beginning of 2017, with those being Global Gaming, Scout Gaming, Evolution Gaming, Better Collective, Cherry, Aspire Global, and LeoVegas, Bloomberg notes. Some of these have listed through initial public offering, others have moved from other platforms.

The business news outlet further points out that the companies’ performance has varied after their listing. Aspire Gaming has thus reached a 35 per cent increase in its post-listing fortune, while LeoVegas has slumped 30 per cent.

In terms of market value, London still accounts for the largest portion of European online gaming and betting companies’ collective value. However, it is important to note that Stockholm and London together currently account for 78 per cent of the total market value of gambling companies across the continent, with Greece, France, and Spain comprising top 5.

According to Nasdaq Head of European Listings Adam Kostyal, Stockholm has become an attractive stock exchange due to its well-developed community of experts and investors as well as local entrepreneurs’ reputation of early adopters of technology and innovation. The expert further told Bloomberg that he expects more listings by both local and international gaming and betting companies to take place in near future.

Sweden’s new gaming act aims to replace the country’s Lottery Act of 1994 and the Casino Act of 1999 and will scrap Svenska Spel’s monopoly over the provision of the majority of legal gambling services in the country.

Source: Latest News on European Gaming Media Network

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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BetGames.TV announces optimisation of hit lottery games



betgames-lottery BetGames.TV announces optimisation of hit lottery games
betgames-lottery-1 BetGames.TV announces optimisation of hit lottery gamesReading Time: < 1 minute


Lucky5, Lucky6 and Lucky7 to see 25% increase in draw time

BetGames.TV, the leading live dealer betting games supplier, has announced that three of its most popular lotteries have reduced their play time from five to four minutes, which will rapidly boost operator revenue and engagement.

The groundbreaking move will see hit games Lucky5, Lucky6 and Lucky7 now offer players the opportunity for quicker rounds ensuring extra draws per hour, day and year, securing a 25% increase in draw time.

The decision comes after the market-leading provider’s research saw a surge in popularity after the optimisation of Wheel of Fortune and Dice Duel.

The process has consistently shown a marked growth in bet-counts, time-spend and increased revenue, with Wheel of Fortune alone showing an increase of 73% in bet counts. Its hugely popular Dice Duel has fared even better, recording a record-breaking 2640% increase in bets.

Aistė Garnevičienė, COO at BetGames.TV said: “The gambling industry has seen a surge of activity in all lottery games, and with our latest optimisation we are perfectly placed to provide real-time improvements to our partners and their customers.

“Speed and diversity are key to capturing the attention of a new generation of tech-savvy players, and the faster format will both enhance the betting experience for players and increase revenue for operators.”

Dedicated to constantly developing and improving its games to deliver its partners a highly engaging betting proposition, the studio earned the highly acclaimed Rising Star in Casino Innovation at December’s SBC Awards, as well as being shortlisted for five categories at this year’s EGR B2B Awards.


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: BetGames.TV announces optimisation of hit lottery games

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Salsa Technology and Ortiz Gaming extend content agreement



ortiz-salsa Salsa Technology and Ortiz Gaming extend content agreement
ortiz-salsa-1 Salsa Technology and Ortiz Gaming extend content agreementReading Time: < 1 minute


Salsa Technology and Ortiz Gaming are to extend their content agreement following a hugely successful start to the partnership. The two bingo giants first put pen to paper in 2017.

Results have been extremely strong since Ortiz Gaming integrated its portfolio of Premium Video Bingos onto the Salsa Technology platform. The deal allowed Salsa Technology to gain access to numerous and prestigious games titles, including the New Triple Mania, Locomodin 3D and ACE Mania Bingo.

Salsa Technology’s CEO Peter Nolte said: “Ortiz Gaming is a key partner and we’re pleased to build on our agreement after a very successful initial period. We look forward to continuing to grow together.”

Ortiz Gaming’s VP of Global Sales Roberto Regianini followed: “We are confident that by extending our partnership with Salsa Technology our new product line of Premium Video Bingo will be available throughout their platform and their distribution channels boosting our presence in the online market”.


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: Salsa Technology and Ortiz Gaming extend content agreement

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Homa Games joins forces with IRL Team to establish French game hub



homa-games Homa Games joins forces with IRL Team to establish French game hub
homa-games-1 Homa Games joins forces with IRL Team to establish French game hubReading Time: 2 minutes


Homa Games strengthens its game development efforts by joining forces with IRL Team, an independent free-to-play mobile studio to establish a game hub in Toulouse, France, and planning for exponential growth.

Paris, June 2nd, 2020 – Homa Games, a leading mobile entertainment company based in Paris, France, announced today they will join forces with the IRL Team, a free-to-play mobile studio based in Toulouse, France as part of their ongoing expansion efforts.

The IRL Team is led by very talented mobile game developers thriving to push the boundaries of innovation and creativity by applying a programmatic & data-driven approach to content creation. The studio will stay independent as a team but will use Homa’s technologies and support team to boost its production capacities. They will continue to be based in Toulouse, launching the first office of Homa outside Paris.

“We are excited to come on board with Homa Games and are looking forward to continuing to develop our games’ portfolio. We are confident that partnering with Homa is the exact next step in our evolution plan. By leveraging their expertise and technologies, we will broaden our games’ reach in our development pipeline.” – Hugo Dumouch, Liam Lepinay & Antoine Violet, IRL Team Founders

This initiative fits into Homa’s strategy to accelerate its growth by concentrating on in-development titles. Bringing a highly experienced and motivated team on board will spur new titles to the market and further the company’s success, and this dedication to growth was seen in previous months, with multiple titles reaching the top charts.

“We are strengthening our development capacities. The IRL team is one of the most talented hyper-casual indie developers out there. We are very excited that this team is joining Homa’s creative force and can’t wait to get their creation in the hands of millions of players worldwide.” – Daniel Nathan., CEO, at Homa Games.

Today, Homa Games is more than ever focused on heightening innovation and creativity with experts in the industry and are looking to recruit dozens of new hires such as Publishing manager / Game Developer / Unity Tools Developer / Back End Developer/ and Full Stack Developer to name a few. Interested in joining Homa, apply here.

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: Homa Games joins forces with IRL Team to establish French game hub

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