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44 million) but result in annual savings of around ￡12.B2B supplier for the online gambling industry Relax Gaming has added British independent bookmaker BetVictor to its growing roster of operators.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....
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.”For its part, BetVictor Director 75 million) in September so as to acquire the complete shareholding of Red Tiger Gaming Limited....
The integration will unleash the full potential of our shared capabilities, create significant efficiency gains in games development and strengthen our position as the market leader in online casino.Swedish online casino games developer NetEnt AB has announced that it will be significantly reducing its workforce as a result of better-than-expected synergies with the Red Tiger Gaming Limited concern it purchased last autumn. She moreover stated that these had resulted in the online casino games developer updating its predicted annual cost savings by about ￡8....
5 million (.“With BetVictor’s growing international presence, this deal will allow us to service a range of markets and further expand our geographical reach.Positive prospects:Therese Hillman, Chief Executive Officer for NetEnt AB, used the press release to pronounce that the acquisition of Red Tiger Gaming Limited had ‘exceeded expectations’ due to a raft of synergies alongside ‘increased efficiency and economies of scale’....
”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 (.5 million (. She moreover stated that these had resulted in the online casino games developer updating its predicted annual cost savings by about ￡8....
