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Nuvei to Acquire Safecharge

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Payments technology firm Nuvei Corp is going to buy SafeCharge International Group through an all-cash deal valued at $889 million. As per the agreement, SafeCharge shareholders would receive $5.55 in cash for each share held.

“The board is unanimously recommending this all-cash offer by Nuvei to buy SafeCharge at an attractive premium, which represents compelling value for SafeCharge shareholders. The price premium Nuvei is offering reflects SafeCharge’s leading position in the high growth e-commerce payments market, the strength of its own technology platform, its diversified and stable customer base and the significant experience in the payments industry of SafeCharge’s management team. It is for these reasons that the board is unanimously recommending this transaction to SafeCharge shareholders,” Roger Withers, Chairman of SafeCharge said.

“SafeCharge is the payment technology partner for the world’s most demanding businesses. Nuvei is one of the leading providers of technology-driven payment solutions to merchants and technology and distribution partners, primarily in the United States and Canada. Both companies have built strong positions in the payment sector in their respective markets, with minimal geographic, customer or industry overlap,” David Avgi, Chief Executive Officer of SafeCharge said.

“The Acquisition should enable SafeCharge to benefit from Nuvei’s North American footprint and sales and marketing capability to fulfil and accelerate its growth ambitions. The board believes that our businesses have similar shared entrepreneurial cultures and is confident that Nuvei’s plans to invest in and grow the SafeCharge business mean the proposed transaction is positive for SafeCharge and its stakeholders as a whole,” David Avgi added.

“We are very excited about the combination of SafeCharge and Nuvei, which will create a truly global, leading, payments technology solution provider with significant scale. Our businesses are highly complementary from multiple perspectives including geography, technology, key verticals and customers. We think the technology platform SafeCharge has developed is exceptional and will serve as the go-forward foundation from which we will continue to grow the combined business and provide best-in-class products and services to our customers and partners. Lastly, we look forward to welcoming SafeCharge’s highly experienced management team and employees to the Nuvei family,” Philip Fayer, Chairman and CEO of Nuvei said.


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: Nuvei to Acquire Safecharge

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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Battle for glory in Lightning Box’s Spartan Fire

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SpartanFire_Screen_01 Battle for glory in Lightning Box’s Spartan Fire
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Specialist slot provider Lightning Box has prepared for battle with the launch of its latest title, Spartan Fire.

The 4×5 reel slot features 40 paylines as players fight for big wins. With the Wild Eyes symbol acting as a wild, the Spartan Spin feature also turns the Man and Woman icons into wilds for even bigger wins.

If three or more Spartan Shields land on the reels, the Spartan Fire Bonus is triggered, giving players a chance to choose their shields to lead them to glory.

Each shield reveals a different icon, with multipliers, wilds and extra free game(s) to be unlocked.  Players can even win up to nine free games with a 30x multiplier!

Initially exclusively available with Kindred for a two-week period, Spartan Fire will be released through the SG Digital platform.

Peter Causley, CEO and co-founder of Lightning Box, said: “Spartans are famed for battling to great victories and players will experience all the thrills of war in our newest hit, Spartan Fire.

“Its action-packed Bonus Round will see players select their shields for combat, before leading to big wins when the dust settles.”


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: Battle for glory in Lightning Box’s Spartan Fire

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Playson introduces stunning new game Pearl Beauty: Hold and Win

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Pearl-Beauty-Hold-and-Win Playson introduces stunning new game Pearl Beauty: Hold and Win
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Game developer’s latest title features popular Hold and Win mechanics

Casino software provider Playson is taking players on a voyage to the Far East in search of huge prizes in its new title, Pearl Beauty: Hold and Win.

This 243 ways to win slot transports players to a place of mysticism as they join two adventurous characters on a quest for big wins and bonus features.

The game incorporates the popular Hold and Win mechanics which proved to be a big hit with players in the developer’s Sunny Fruits: Hold and Win.

Pearl Beauty: Hold and Win features a Bonus Game which is triggered by six or more bonus pearl symbols. The special Golden Pearl symbol during the Bonus Game collects the values of the other pearls and immediately adds it to the total win.

During the bonus round, there is an additional chance to win three in-game Jackpots – Mini, Major and Grand – adding even more suspense to that Bonus Game.

Vsevolod Lapin, Head of Product at Playson said: “Featuring renowned Hold and Win mechanics, this taste of the Far East gives players the opportunity to win big prizes in the Bonus Game and would make an exciting addition to any operator’s portfolio.”


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: Playson introduces stunning new game Pearl Beauty: Hold and Win

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Red Tiger games now live on Caxino

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caxino Red Tiger games now live on Caxino
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Portfolio integrated with Rootz’ latest brand

Casino game and software developer Red Tiger has launched its games with exciting new online casino Caxino.

Its players can now experience the provider’s award-winning catalogue in its entirety, with the operator also joining Red Tiger’s acclaimed Daily Drop Jackpots Network featuring daily and hourly jackpots.

Caxino is the latest addition to Rootz’ multi-brand portfolio, which comprises a selection of innovative online casinos that are enjoyed by a rapidly growing global fanbase.

Red Tiger’s Commercial Director, Chris Looney, said: “We are delighted to launch with Caxino, an exciting new site that fits perfectly with Rootz’ engaging customer offering.

“We have no doubt that it will attract an impressive following and that this partnership will be of strong mutual benefit going forward.”

Tony Kjaldstrom, COO at Rootz said: “Partnering with market leading suppliers such as Red Tiger is key to our strategic objectives, so we are thrilled to have the studio on board.

“The company’s games have become deservedly synonymous with quality and consistency, and its catalogue will undoubtedly prove to be a hit on our site.”


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: Red Tiger games now live on Caxino

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