Connect with us

Companies

GiG platform to power new lottery business

Published

on

After securing a license from the Malta Gaming Authority (MGA), lottery newcomer, Megalotto, has gone live across multiple markets in its effort to “redefine” the online lottery experience of its customers.

Backed by venture capital company Optimizer Invest, the new online lottery and gaming business will launch its mobile-first lottery product on the Gaming Innovation Group (GiG) (GIG:Oslo) platform.

Megalotto will give millions of players access to lotteries on a global scale in a mobile-first environment.

According to a recent press release

…the St. Julian’s-headquartered business will be a unique brand within the online lottery vertical as its product is a departure from traditional transactional lottery products while its interface is intuitive for ease of use.

In addition to offering the largest jackpots from top lotteries around the world, Megalotto will also have on offer scratchcards, slots and instant win content, from well-known third-party suppliers.

“We are delighted to be going live with our new venture and to get our product in front of customers, said Megatotto’s Chief Executive Officer, Grant Williams.

“Our vision from day one has been to design and build an innovative and disruptive lottery product, and we believe we are on track to do just that. We have recruited a high quality, experienced management team to lead the launch of this new Optimizer Invest backed product, matching the ambitious plans we have in place for the markets we will be targeting, added Williams.”

Also commenting on the recent tie-up, Chief Executive Officer for Optimizer Invest, Petter Moldenius, said…

“The innovative Megalotto product is the result of a successful partnership between two of our portfolio companies, bringing a world class, truly customer friendly experience. Megalotto will give millions of players access to lotteries on a global scale in a mobile-first environment that is pushing the envelope for innovation of iGaming experiences on-the-go.”

Betsson acquisition:

In related news…

…Swedish holding company, Betsson AB (BETSB:Stockholm), has reportedly acquired Gaming Innovation Group subsidiary Zecure Gaming Limited, which operates its inhouse brands in Sweden.

The approximately €31m (US$33.6 million) deal, which consists of a €22.3 million cash payment, plus a prepaid platform fee of €8.7 million, has seen the transfer of GiG brands – Guts, Kaboo, Rizk and Thrills – to the Stockholm-headquartered company. The brands operate under licenses held in Malta, UK, Sweden and Germany (Schleswig-Holstein).

According to the press release, the Rizk brand will be launching under licenses held in Croatia and Spain. In addition to gaining opportunities with other brands in the two European countries, Betsson plans to integrate its own payment platforms and proprietary sportsbook with the GiG platform. The move will allow the holding company to offer its advanced technologies to potential B2B clients of the platform.

Growth potential:

Commenting on the acquisition, Chief Executive Officer for Betsson AB and Group President, Pontus Lindwall, said…

“Betsson’s ambition is to outgrow the market in the long term, organically and through acquisitions. This acquisition confirms that Betsson is a driver of the consolidation of the market. We believe this deal offers a good opportunity for Betsson to consolidate, at good value, where we can create synergies and apply our core B2C skills and marketing insights to scale these assets to their true potential. The agreement with GiG further strengthens and expands Betsson’s outreach and growth potential for its proprietary sportsbook and payments platforms in the B2B market. As one of the largest European operators, Betsson is well positioned to continue building on its strategic position.”



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Companies

Gigcapital4 (GIG) falls 0.10% on Moderate Volume September 13

Published

on

By


Today, Gigcapital4 Inc Inc’s (NASDAQ: GIG) stock fell $0.01, accounting for a 0.10% decrease. Gigcapital4 opened at $9.82 before trading between $9.87 and $9.82 throughout Monday’s session. The activity saw Gigcapital4’s market cap fall to $452,144,064 on 7,932 shares -below their 30-day average of 127,490.





Visit Gigcapital4 Inc’s profile for more information.



About The Nasdaq Stock Market





The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world’s leading exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.



To get more information on Gigcapital4 Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Gigcapital4 Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.



Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


President Biden’s New Alliance With Australia and Britain Angers France and European Union
California Governor Newsom Signs Affordable Housing Law
COVID-19 Surge in Idaho Forcing Statewide Health Care Rationing
JPMorgan Launching Its First Overseas Digital Bank in United Kingdom Next Week
Federal Reserve Reviewing Ethics Policies in Wake of Prolific Trading Disclosed by Two Senior Officials
Chinese Property Developer Evergrande Not ‘Too Big to Fail’ — Global Times
August Retail Sales Rebound 0.7%, Surprising Economists After July Plunge
UN Report Shows COVID-19 Has Not Slowed Pace of Climate Change




Source link

Continue Reading

Companies

Gigcapital4 (GIG) falls 0.30% in Light Trading on September 17

Published

on

By


Gigcapital4 Inc (NASDAQ: GIG) shares fell 0.30%, or $0.03 per share, to close Friday at $9.86. After opening the day at $9.89, shares of Gigcapital4 fluctuated between $9.88 and $9.85. 3,523 shares traded hands a decrease from their 30 day average of 128,538. Friday’s activity brought Gigcapital4’s market cap to $453,063,056.





Visit Gigcapital4 Inc’s profile for more information.



About The Nasdaq Stock Market





The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world’s leading exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.



To get more information on Gigcapital4 Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Gigcapital4 Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.



Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


President Biden’s New Alliance With Australia and Britain Angers France and European Union
California Governor Newsom Signs Affordable Housing Law
COVID-19 Surge in Idaho Forcing Statewide Health Care Rationing
JPMorgan Launching Its First Overseas Digital Bank in United Kingdom Next Week
Federal Reserve Reviewing Ethics Policies in Wake of Prolific Trading Disclosed by Two Senior Officials
Chinese Property Developer Evergrande Not ‘Too Big to Fail’ — Global Times
August Retail Sales Rebound 0.7%, Surprising Economists After July Plunge
UN Report Shows COVID-19 Has Not Slowed Pace of Climate Change




Source link

Continue Reading

Companies

Recruiting for Good Congratulates 9 Year Old LA Boy Glaze for Landing Donut Gig

Published

on

By

The Sweetest Gig for Boys to Taste and Write Reviews of LA's Best Donuts #donutsfordaddy #thesweetestgigs #recruitingforgood www.DonutsforDaddy.com

The Sweetest Gig for Boys to Taste and Write Reviews of LA’s Best Donuts #donutsfordaddy #thesweetestgigs #recruitingforgood www.DonutsforDaddy.com

Glaze 9 Year Old Boy reviewed Sidecar Donuts Salt and Butter this month #glaze #sidecardonuts #donutsfordaddy www.donutsfordaddy.com

Glaze 9 Year Old Boy reviewed Sidecar Donuts Salt and Butter this month #glaze #sidecardonuts #donutsfordaddy www.donutsfordaddy.com

The Sweetest Celebrations for Talented Kids...Love is a Treat..a Now or Never Party #loveisatreat #sweetcelebration #talentedkids www.LoveisaTreat.com

The Sweetest Celebrations for Talented Kids…Love is a Treat..a Now or Never Party #loveisatreat #sweetcelebration #talentedkids www.LoveisaTreat.com

Recruiting for Good creates The Sweetest Gigs for Talented Kids. Glaze will be tasting and writing reviews of LA’s Best Donuts and compiling a list for dads.

Glaze, congrats for landing The Sweetest Gig, looking forward to your donut reviews!”

— Carlos Cymerman, Fun Advocate+Founder, Recruiting for Good

SANTA MONICA, CALIFORNIA, UNITED STATES, September 15, 2021 /EINPresswire.com/ — Fun loving staffing agency, Recruiting for Good helps companies find talented tech professionals and generates proceeds to make a positive impact.

Recruiting for Good funds and creates The Sweetest Gigs for Talented Kids to prepare them for life; by creating real life work experiences, developing skills/talent and teaching positive life values.

Every month, 9 year old boy ‘Glaze‘ will taste LA’s Best Donuts, and write foodie reviews to inspire the community.

When Glaze does a great job; he gets hired again (just like in the real world).

According to Recruiting for Good Founder, Carlos Cymerman, “Before starting Recruiting for Good, I was a teacher, I love to inspire, mentor and prepare kids for a fun fulfilling life. And do so thru The Sweetest Gigs.”

About

Donuts for Daddy, 1 LA Kid, Lands 1 Sweet Gig. We have found a talented boy who is up for the challenge; taste LA’s Best Donuts and write foodie reviews. The purpose is to compile a list to gift dad donuts for Father’s Day 2022. www.DonutsforDaddy.com.

This Holiday Season, Recruiting for Good is Sponsoring Love is a Treat; The Sweetest Celebrations for Talented Kids. Starting in October (we’re celebrating Halloween every weekend). In November, we’re celebrating Thanksgiving with Grateful for Pie Parties (Taste LA’s Best). And in December, we’re hosting iCelebrate Cake Parties (Taste LA’s Best). www.LoveisaTreat.com

Since 1998, Recruiting for Good has been a purpose driven staffing company. Companies retain our recruiting agency to find talented and value driven professionals who love to use their talent for good in Engineering, and Information Technology. We’re generating proceeds to make a positive impact. www.RecruitingforGood.com #landsweetjob #lovelife #makepositiveimpact. Looking to land a sweet job and love life. Send us your resume today.

Carlos Cymerman
Recruiting for Good
+1 310-720-8324
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn



Source link

Continue Reading

Trending

Copyright © 2019 Gigger.news.