Connect with us
NSoft

Latest News

Pollard Banknote to Acquire mkodo Limited

Published

on

pollard-mkodo-1 Pollard Banknote to Acquire mkodo LimitedReading Time: 3 minutes

 

Pollard Banknote Limited announced that it has signed a definitive agreement to acquire 100% of the equity (“Acquisition”) of mkodo Limited (“mkodo”), a leading provider of digital apps and user interfaces for the lottery and gaming industry worldwide.  The Acquisition is subject to certain standard regulatory and third-party consents and is expected to close early in the first quarter, 2020.

mkodo is a global provider of licensed, omni-channel customer facing apps to the lottery, betting and gaming sectors.  The company was founded in 2001 and has been recognized for its core strength to develop and deliver successful digital experiences to the target audience of their customers’ online users.  mkodo’s clientele include a number of leading lotteries and gaming companies around the world, including the majority of the Canadian lotteries and some of the largest gaming operators in the UK.  With offices in England (London and Newcastle), mkodo employs approximately 60 full-time highly skilled staff working exclusively on digital app deployment for the lottery and gaming sector.

mkodo has proven experience in:

  • Design, delivery & long-term support of digital user experiences for mobile and web applications;
  • Design and development of engaging sports book and online bingo user interfaces for leading operators;
  • Successful native iOS and Android app deployment in highly regulated global markets;
  • Integration with multiple gaming and lottery systems via APIs (application programming interface) for full-service delivery;
  • Provision of mobile and web app management services to client systems on their mCloud platform, including software for geolocation, authentication for users, device analysis, content management, and CRM;
  • Integration with multiple providers of games and content to allow for robust menus of activities for the user; and
  • Transformation of creative concepts into digital user experiences.

“We are very excited to have the talented mkodo team join Pollard and we look forward to their proven gaming focused technology and vast experience helping us broaden our portfolio of lottery and gaming solutions”, stated Doug Pollard, Co-Chief Executive Officer. “Working alongside our existing lottery resources within Pollard, we will be able to expand mkodo’s reach into some of the leading lotteries worldwide. At this current time of heightened digital focus and rapid development within lotteries and gaming organizations, being able to bring to our current and future customers the technological and customer facing expertise of mkodo is a game changer.  Particularly in light of ongoing regulatory changes in app requirements, mkodo and Pollard now stand ready to lead the lottery and gaming industry to first-in-class solutions in the mobile environment.”

Stuart Godfree, Managing Director of mkodo said, “We are excited to join the team at Pollard and look forward to expanding our reach in the gaming world in collaboration with our new colleagues.  Not only do we see a great cultural fit with the two organizations but joining the leading lottery partner will allow mkodo to take the next step in its ongoing evolution as the foremost supplier of mobile lottery solutions in the world.”

The Acquisition purchase price is £7.8 million (approximately $13.4 million CDN dollars using an exchange rate of $1.72 CDN dollar per pound sterling), prior to standard working capital adjustments and potential future earn-out payments based on certain EBITDA targets.  The purchase price will be funded from existing Pollard Banknote cash resources and availability under our existing senior credit facilities. The acquisition is expected to be accretive to Pollard Banknote’s net income prior to amortization of related purchase price accounting adjustments.

John Pollard, Co-Chief Executive Officer concluded, “The addition of the mkodo team to our organization is an important step in expanding our technological expertise and in particular complements our existing internal Pollard resources very well.  Their proficiency in sports book and online bingo development is an important addition to our product offerings.  Our strategic plan clearly articulates our focus on the lottery and related gaming sectors and the Acquisition supports this strategy.  Our industry leading digital solutions (including iLottery, second chance platform and loyalty programs) all rely on exceptional user interface experiences and the addition of mkodo’s world class mobile expertise will allow Pollard to greatly enhance our customers’ digital connection with their end users.”

 

Source: Pollard Banknote Limited


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: Pollard Banknote to Acquire mkodo Limited

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.

Latest News

BetWarrior strikes content partnership with Endorphina

Published

on

betwarrior-endorphina BetWarrior strikes content partnership with EndorphinaReading Time: < 1 minute

 

Mobile gaming operator BetWarrior has landed a content agreement with leading casino supplier Endorphina as it further expands its market-leading offering.

Endorphina games, including popular classics such as Dia de los Muertos and Mystery of Eldorado, are now live on BetWarrior’s fully native mobile application.

The games join a host of other leading casino content and a best-in-class sports betting offering as BetWarrior begins to ramp up its marketing efforts.

Katalin Horvath, Casino Product Manager at BetWarrior, said: “As BetWarrior begins to acquire more players, it is important we offer an ever-expanding range of the world’s best content, and adding Endorphina’s fantastic games helps us achieve precisely that.

“The integration into our leading mobile gaming platform has been seamless, and the early response to the games from our players extremely positive. We look forward to growing alongside Endorphina over the coming months and years.”

Zdenek Llosa, Sales Manager at Endorphina, said: “Endorphina games thrive when presented as part of a world-class, fully native mobile product, so we are delighted to see our content live with BetWarrior.

“The BetWarrior brand is bringing innovative ideas to mobile gaming, and we will continue to work closely with their team to ensure its product remains ahead of the curve when it comes to content.”

 


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: BetWarrior strikes content partnership with Endorphina

Continue Reading

Latest News

Newgioco’s Virtual Generation Expands its Operations in Latin America

Published

on

6-8 Newgioco’s Virtual Generation Expands its Operations in Latin AmericaReading Time: < 1 minute

 

Virtual Generation Limited (VG), the wholly-owned subsidiary of Newgioco Group, has entered into an agreement with the HBG group (HBG) for distribution of VG virtual games in Central America.

“We are very pleased to have established a relationship with HBG to distribute our virtual sports portfolio in Central and South America through their regional subsidiaries HBG Latam SAS. We believe that the relationship with HBG will be an excellent addition to our current virtual sports retail distribution and expect that the deal may possibly result in a significant growth in our customer base across many borders in South America. Our VG products will be initially distributed through AquiJuego in Colombia, and we look forward to working with their team on expanding our reach throughout the Americas,” Michele (Mike) Ciavarella, CEO of Newgioco 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: Newgioco’s Virtual Generation Expands its Operations in Latin America

Continue Reading

Latest News

Virtus.pro annonces new СS:GO roster

Published

on

СS_GO-roster Virtus.pro annonces new СS:GO rosterReading Time: 2 minutes

 

Today we are excited to announce our new CS:GO lineup. Jame, AdreN, Buster, SANJI, and Qikert together with their coach dastan signed their long-term contracts with VP after permanent transfer from AVANGAR. We would like to thank Michu, snatchie, Snax, Vegi, phr, and kuben for their dedication and hard work. The first tournament for the our new team will be EPICENTER 2019 taking place in Moscow on December 17-22.

Roman Dvoryankin, Virtus.pro General Manager: “It’s a big day for VP as we open a new chapter in our Counter-Strike history. It is also a great addition to our world-class Dota 2 team that will allow us to be more competitive and bring even more glory to our fans across the world. Right now we have one of the world’s youngest lineups both in Dota 2 and CS:GO and it’s a solid foundation for our further development.

Six years with a Polish lineup have been an unforgettable experience and I would like to thank our fans who have done an outstanding job supporting us throughout the years. VP would not be what it is now without the basis that was built by our players, so from the bottom of my heart I want to say a huge thanks to Taz, neo, pasha, byali, Snax, MICHU, Vegi, snatchie, phr, TOAO, morelz, OKOLICIOUZ, Loord, KubiK, Junior and kuben for all that they’ve done for us.”

Dzhami “Jame” Ali, VP CS:GO team captain: “It’s an exciting moment for all of us. We’re thrilled to become a part of one of the biggest esports brands in the world and will do our best to bring VP back to the top ranks of CS. On behalf of our team I would like to thank AVANGAR management for their trust in us, we wouldn’t be here without their support.”

Yongun Kim, AVANGAR CEO: “After the 3 years of hard work and investments we’re happy to make such a big step for the players and our club. Watching their growth from zero to professionals is unbelievable experience we’ve achieved together. I want to thank everyone who had his eye on AVANGAR and cheered for the boys from the beginning.

Right now we’re in front of new challenges, because this decision gave us a breath of fresh air to develop new projects at EVA Esports. We’ll be back in 2020 with news and fresh announcements about Esports market development in CIS and Central Asia.”

Welcome our new CS:GO team:

Dzhami «Jame» Ali

Dauren «AdreN» Kystaubayev

Timur «Buster» Tulepov

Sanjar «SANJI» Kuliev

Alexey «Qikert» Golubev

Dastan «dastan» Akbaev (coach)


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: Virtus.pro annonces new СS:GO roster

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.