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Esports Entertainment Group Signs Definitive Agreement to Acquire Online Sportsbook and Casino Operator Argyll Entertainment
Esports Entertainment Group, Inc., a licensed online gambling company with a focus on esports wagering and 18+ gaming, signed a definitive agreement to acquire LHE Enterprises Ltd, the holding company of online sportsbook and casino operator Argyll Entertainment AG and its operating subsidiaries (”Argyll”). Closing of the acquisition is expected to occur on or before July 31, 2020.
“Reaching a definitive agreement to complete our first acquisition as a NASDAQ company is a major milestone,” commented Grant Johnson, CEO of Esports Entertainment Group. “Argyll CEO Stuart Tilly and CFO Dan Marks already joined our senior leadership team in June as Corporate Secretary and Chief Financial Officer, respectively. They are a great addition to our organization and will help us build on Argyll’s base of more than 100,000 registered users, placing us in a great position to grow revenue moving forward.”
“As a fast growing and innovative online gaming company licensed in the UK and Ireland, Argyll offers Esports Entertainment Group access to exclusive and proprietary sports and gaming content, including the flagship SportNation.bet brand and an award-winning rewards program, which was a major driver of Argyll’s $12 million in revenue in 2019,” added Tilly. “The esports industry is the strongest it’s ever been, and the strengthened financial position of our combined operations together with the ability to leverage the expertise and deep domain knowledge of its 30 strong staff in marketing, technology, risk management, and regulation will put Esports Entertainment Group in a great position to capitalize on the wealth of opportunities ahead in this rapidly growing market.”
Argyll, incorporated in Switzerland, with operational support services in London, UK and Malta, is licensed and regulated by the UK Gambling Commission under licence no. 000-045143-R-323955-001 and the Irish Revenue Commissioners under licence reference no. 1014456 to operate online sportsbook and casino sites in the UK and Ireland, respectively.
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Imagine Live Partners with King.rs
Imagine Live the live casino provider launches with Serbian brand King.rs
Imagine Live is thrilled to announce its innovative entry into the Serbia market, made possible through a strategic partnership with the operator King.rs.
The collaboration is aimed at delivering King.rs players a premium gaming experience. Two Blackjack and one Roulette table will be equipped with the latest technology, allowing seamless gameplay and interactive features catering to Serbian playersā localised preferences.
Hakob Manukyan, CEO of Imagine Live Armenia, commented: āKing.rs is an established brand throughout Serbia focused on delivering exceptional products and gaming experiences by putting the player at the centre of their brand story. Imagine Live is equally committed to providing premium and customised live dealer solutions with bespoke tables and studios for our operator partners to ensure a complete brand experience that players enjoy and return, which drives deeper engagement and revenue opportunities. We look forward to supporting and growing the live dealer experience with King.rs over the coming months.ā
Dragan Djordjevic, COO King, said, āWorking with Imagine Live has been an absolute thrill. Their unique mix of live performances, tech, and real-time interactivity is a game-changer in entertainment. Itās exactly the kind of creative energy we love at King.rs, where weāre all about reimagining live gaming. This partnership feels like a natural fitātwo teams, both passionate about pushing boundaries and creating something fresh. I canāt wait to see what we come up with together and how weāll keep surprising and exciting players around the worldā.
The post Imagine Live Partners with King.rs appeared first on European Gaming Industry News.
co-founder of Real Gaming
Terribleās Mobile Gaming Introduces 5-Card Draw Poker in Nevada
Renowned for its deliberately different philosophy, JETT/Terribleās Gaming is now revolutionizing mobile gaming with the launch of Terribleās Mobile Gaming. Offering Nevadans fast-paced Multi-Player 5 Card Draw Poker on mobile devices statewide, this groundbreaking multiplayer app enables real-money games anytime in Nevada, complete with thrilling features like Royal Flush bonuses of up to $4,500, Four-of-a- Kind payouts of up to $175, and more.
āJETT/Terribleās Gaming and the Terribleās brand in general have been making life more convenient for Nevadans for over 65 years. Now, we are excited to bring that same level of convenience to mobile gamingādelivering the excitement of Multi-Player 5 Card Draw Poker directly to our customers, wherever they are, and within the palm of their hand,ā said Tim Herbst, President, JETT Gaming & Terrible Herbst Inc.
To celebrate the launch, Terribleās Mobile Gaming is offering a *deposit match of up to $500 every week. Download the Terribleās Mobile Gaming app on the App Store and Google Play Store for *details:
In collaboration with Real Gaming, one of Nevadaās pioneering licensed iGaming operators, Terribleās Mobile Gaming integrates state-of-the-art technology to provide an unparalleled gaming experience across the state.
āNevada players know that both the JETT Gaming and Terribleās Gaming brands mean convenience, and thatās exactly what weāve delivered,ā said Lawrence Vaughan, co-founder of Real Gaming. āPlayers are loving it!ā
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For more information, visit terriblesmobilegaming.com.
Brazilās iGaming regulation
Salsa Gator, Brazilās game aggregator, secures certification for the regulated market
Salsa Technologyās renowned content aggregator,Ā Salsa Gator, has received GLI certification ahead of Brazilās iGaming regulation taking effect on January 1, 2025. Among the key requirements is certification, ensuring compliance and trust in the regulated market.
This achievement enables Salsa to deliver high-quality content to operators in Brazil. In addition to strengthening its prominent position in the market, the certification ensures seamless and efficient operations for its clients in the new regulated landscape.
As per the rules of the Secretariat of Prizes and Bets (SPA) of the Ministry of Finance, the certification process for the aggregator platform included content agreements with some of the largest global gaming providers, such asĀ Evolution,Ā Games Global,Ā Spribe,Ā RubyPlayĀ andĀ FBM, among others. These partners offer an impressive variety of games that cater to the preferences of the Brazilian public.
Salsa Gator has solidified its position as a leading platform in Brazil and Latin America thanks to its strategic curation of games that prioritise local player preferences. With a single integration, partners gain access to a robust portfolio with support in Brazilian Portuguese, Latin American Spanish, and English.
āSalsa Technology is committed to delivering the best experience for operators and players in Brazilās regulated market. Our focus on quality, innovation, and localized support positions us at the forefront of this historic moment for Brazilās iGaming sector,āĀ saidĀ Eliane Nunes, Chief Growth Officer at Salsa.
Salsa Technology remains dedicated to transforming the iGaming market with complete, certified solutions tailored to the needs of local audiences.
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