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Read a statement from Hillman…“We are now entering the next phase of the integration with Red Tiger Gaming Limited, whose sellers are also becoming shareholders of NetEnt AB.The Stockholm-headquartered innovator used an official press release to declare that the changes are part of an ongoing restructuring that will allow it ‘to further strengthen competitiveness and increase efficiency’ after spending some ￡200 million (6.44 million) but result in annual savings of around ￡12....

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Quickening combination:NetEnt AB proclaimed that the redundancies are ‘being implemented to speed up the full integration’ of Red Tiger Gaming Limited and are to see ‘several functions’ relocated with the loss of some 120 full-time positions at its offices in Sweden and Malta.Shareholder strength:The developer asserted that these exercises are to result in its issued share capital rising by around 2.51 million) tranche of B-shares before being followed in twelve months’ time by an identical instalment....

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The recently inked deal will see the iGaming provider and aggregator supply its comprehensive portfolio of in-house developed and third-party casino content to the online sports betting and online casino operator.5 million (.Commenting on the recent collaboration, Chief Commercial Officer for Singular, Robert Dowling, said…“We are always looking to work with the industry’s best content developers, so we are delighted to bring Playson on board....

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”Investor involvement:NetEnt AB used a second press release to detail that the success of its acquisition has additionally prompted it to speed up the payment of an earn-out consideration agreed with the original shareholders in Red Tiger Gaming Limited worth some ￡23 million (.82 million) with the firm now anticipating first-quarter net revenues of between ￡40.”Much like Playson’s current deal, its immersive suite of titles will likewise be made available across the software developer‘s operator network....

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