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GCA Altium advises Tombola on its sale to Flutter Entertainment

Published

4 years ago

November 19, 2021

Reading Time: 2 minutes

Global investment bank GCA Altium acted as advisor to Tombola, one of the UK’s leading online bingo operators, on its £402m sale to Flutter Entertainment, the £20bn LSE-listed global leader in the gaming space.

Tombola, with its 700-strong team located primarily in Sunderland and Gibraltar, is a successful bingo-led gaming company with an emphasis on providing low staking entertainment products to a highly engaged customer base.

Tombola was the first major UK focused operator to introduce both mandatory staking and deposit limits, building a highly sustainable player base over the last 16 years. The company’s fully regulated revenue base comes mainly from the UK and has 400,000 average monthly players.

Flutter Entertainment is a global sports-betting and gaming company with a market cap of over £20bn, and the addition of Tombola to the Flutter portfolio delivers several key strategic advantages. As well as the diversification of Flutter’s products, the acquisition of Tombola also provides an addition of an engaged and sustainable player base, the enhancement of Flutter’s online gaming presence in its core UK market, as well as aligning with the company’s safer gambling strategy of expansion in their recreational customer base.

Peter Jackson, Flutter Chief Executive, said: “As the world’s leading online gambling operator, Flutter is delighted to add Tombola, the UK’s premier bingo brand to the Group. Tombola is a business we have long admired for its product expertise, highly recreational customer base and focus on sustainable play. The brand aligns closely with Flutter’s safer gambling strategy, a key area of focus for us. I am excited to combine Flutter’s digital marketing expertise with Tombola’s operational capabilities within the UK & Ireland division. As the time comes for Phil to hand over the reins, I would like to thank him for building the success story that the business is today, and I look forward to welcoming the Tombola team to Flutter and growing a sustainable business for the future together.”

Martin Larsson, Managing Director at GCA Altium, added: “This is an excellent strategic fit for both parties involved and sees the combination of two powerhouses in the UK gaming market. We see Flutter as a good home to uphold the company’s legacy and support the team as it continues to capitalise on the exciting growth opportunities that lie ahead.”

Under the terms of the transaction, Flutter will pay £402m in cash upon completion for 100 per cent of the business. The transaction is conditional on merger control clearance by the UK Competition and Markets Authority and is expected to complete in Q1 2022.

Funky Fortunez

PG Soft releases Funky Fortunez slot with Prize symbol upgrades

Published

59 minutes ago

April 27, 2026

Wladimir P.

pg-soft-releases-funky-fortunez-slot-with-prize-symbol-upgrades

New 4×4 slot includes free spins, locked positions and a stated max win of 2,000x the initial bet.

PG Soft has released a new slot, Funky Fortunez, adding another title to its mobile-focused catalogue.

The game uses a 4×4 symbols combination format and includes Prize symbols that the studio says can carry wins of up to 500x the bet amount per symbol, with a stated maximum win of 2,000x the initial bet.

PG Soft said the Prize Symbol mechanic is built around symbol position activation: winning symbols activate their positions, the first activation marks the position, and the second converts it into a Prize symbol. When no further winning combinations remain, each Prize symbol pays a prize ranging from 0.2x to 8x.

Before a Prize symbol pays, it can be upgraded to a Gold Prize symbol (10x to 50x) or a Platinum Prize symbol (100x to 500x), according to the company.

The slot also includes a Free Spins Feature. PG Soft said three Scatter symbols trigger 10 free spins, with each additional Scatter awarding two more. During free spins, any marked positions and Prize symbols remain locked for the duration of the feature, with the Prize Upgrade Feature able to trigger on every winning free spin. Free spins can be retriggered.

PG Soft’s spokesperson commented: “Funky Fortunez is a celebration of the hip-hop genre, which we expect to dominate the charts for a long time. The Prize Symbol mechanic is the beat that drives the game, as players look for big returns of up to 500x per symbol, with a maximum win of 2,000x the initial bet.”

The post PG Soft releases Funky Fortunez slot with Prize symbol upgrades appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Dr. Ralph Thomas

San Diego County Honors Quick Custom Intelligence for Innovation

Published

60 minutes ago

April 27, 2026

GamingAmericas.com

san-diego-county-honors-quick-custom-intelligence-for-innovation

Quick Custom Intelligence (QCI), a leading provider of AI-driven solutions for the gaming and hospitality industries, has been recognized by the County of San Diego with a prestigious Certificate of Recognition for Excellence Through Innovation.

The award, issued by the San Diego County Assessor/Recorder/County Clerk’s Office under Jordan Z. Marks, honors QCI for outstanding service, innovation, and contributions to the community.

Quick Custom Intelligence was recognized for its organizational excellence and continued advancement of cutting-edge technologies that support data-driven decision-making across the gaming and hospitality sectors.

These honors reflect QCI’s ongoing commitment to innovation, excellence, and community impact. Through its powerful enterprise platform, QCI continues to help organizations unlock actionable insights, optimize operations, and deliver enhanced customer experiences.

“This recognition is a testament to the incredible work of our entire team and our shared mission to innovate with purpose. We are proud to contribute to a thriving San Diego community while pushing the boundaries of what’s possible with data and technology,” said Dr. Ralph Thomas, Co-Founder and CEO of QCI.

The post San Diego County Honors Quick Custom Intelligence for Innovation appeared first on Americas iGaming & Sports Betting News.

Caesars Entertainment

Caesars Entertainment Opens In-Person Caesars Sportsbook at Northfield Park Racino in Ohio

Published

60 minutes ago

April 27, 2026

GamingAmericas.com

caesars-entertainment-opens-in-person-caesars-sportsbook-at-northfield-park-racino-in-ohio

Caesars Entertainment Inc. announced the opening of a new in-person Caesars Sportsbook located inside Northfield Park Racino near Cleveland through a new partnership with Clairvest Group Inc. As an official sports betting partner of the Cleveland Cavaliers, the launch expands Caesars’ presence in the Buckeye State and is an ideal complement to the Caesars Sportsbook mobile app.

Designed for today’s sports fan, Caesars Sportsbook at Northfield Park Racino delivers a premium in-person sports wagering and viewing experience powered by Caesars’ best-in-class technology. The new sportsbook features an expansive LED video wall, five staffed betting windows and a fleet of Caesars Sportsbook self-service betting kiosks, available for 24/7 wagering. Guests can access a diverse menu of sports wagering markets with convenient mobile app account deposits and withdrawals and earn Caesars Rewards with every wager.

“Northfield Park Racino gives us a strong new venue to connect with Northeast Ohio sports fans in a high-traffic entertainment destination. Its location just outside Cleveland, a market defined by some of the most passionate sports fans in the country, pairs our industry-leading technology with a lively atmosphere that enhances how fans watch and wager on sports throughout the year,” said Eric Hession, President of Caesars Digital.

“We’re excited to partner with Caesars Sportsbook to bring even more energy and excitement to our guest experience. This collaboration is a strong addition to our Overtime Bar and Grill, enhancing the overall sports fan atmosphere and entertainment offering,” said Kevin Brady, GM at Northfield Park Racino.

Caesars Sportsbook users will enjoy unmatched rewards redeemable through their sports wagering activity via the industry-leading customer loyalty program, Caesars Rewards. Every wager placed in-person at Caesars Sportsbook at Northfield Park or via the Caesars Sportsbook mobile app earns Tier Credits for status and Reward Credits that are redeemable for a variety of extraordinary Caesars Rewards experiences. Those include discounted getaways at various Caesars destinations across North America, bonus cash in the Caesars Sportsbook app, world-class culinary or entertainment experiences, and more.

The post Caesars Entertainment Opens In-Person Caesars Sportsbook at Northfield Park Racino in Ohio appeared first on Americas iGaming & Sports Betting News.