A week after announcing that it would acquire 32Red for £175.6m, Kindred Group, the parent company of Unibet and other online gambling brands, has expressed an interest in acquiring the online operations of Denmark’s former state monopoly Danske Spil for DKK 4bn ($571m).
Maltese Gaming Minister Manuel Mallia reacted to findings of a recent survey among locally based iGaming executives who felt that salaries were not competitive enough by stating that their wages were higher than in other sectors on the island. Salaries among executives working in Malta reportedly compare poorly to those in London and Gibraltar. Executives in Malta can demand annual salaries ranging between €90,000 to as much as €140,000.
A multinational gaming company was fined more than €3m by the Italian Competition Authority over an unlawful prize promotion.
GVC Holdings has announced plans to launch a new £10m brand refresh and marketing campaign for Foxy Bingo and Casino, fronted by Hollywood actress Heather Graham. Last month, Foxy Bingo controversially discontinued its existing relationships with most of its affiliates.
UK online and land gambling group Ladbrokes has been hit with a £70m tax bill following a ruling by the UK Tax Tribunal that the company and its auditor Deloitte intentionally avoided taxation by exploiting a 2008 regulatory loophole.
A new Japanese-themed, Maltese-licensed online casino, LuckyNiki.com, has gone live.