Swedish online gambling group Betsson has announced it will acquire Georgia-based Europe-Bet for US$50 million. An extra $35 million will be paid in 12 months’ time, provided that gambling regulations in the Caucasian country remain favorable, the company said today. The move will fortify the company’s strategic presence in the region, explained Betsson CEO and President Magnus Silfverberg. As a result of the deal, Betsson will immediately become the second-largest operator in Georgia, with a 30 percent market share, behind Adjarbet. In 2014 Europe-bet, which offers online and land-based sports betting, as well as online poker and casino, reported revenues…

International Game Technology (IGT – Analyst Report) will provide its online and mobile games to Betsson, a Maltese sports betting and gaming company. Betsson will have access to IGT’s wide array of free-to-play and casino style games through IGT’s remote gaming server (IGT rgs). GT will offer popular game titles like Cleopatra, Da Vinci Diamonds, MONOPOLY plus and 100 Pandas to Betsson. These mobile-based games are compatible with Apple’s (AAPL – Analyst Report) iOS devices as well as with Google’s (GOOG – Analyst Report) Android-based devices, enabling the game to reach out to a large number of gamers. Recently, IGT…

From iGaming Business American computerised gaming equipment and systems designer and manufacturer International Game Technology (IGT) has signed a deal that will see online gambling operator Betsson AB utilise a selection of its desktop and mobile titles. Las Vegas-based IGT stated that Betsson will ‘significantly increase its online and mobile offering’ for a ‘multitude of countries ‘following a single integration with its remote game server (rgs) technology. Monopoly Plus, 100 Pandas, Cleopatra and Da Vinci Diamonds are to be among the selection of branded and non-branded games set to be offered by the Malta-licensed operator complete with full language and…