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GAMING CORPS CARRIES OUT A DIRECTED SHARE ISSUE OF SEK 10 MILLION TO SVEA BANK
The Board of Directors of Gaming Corps AB has resolved to carry out a new issue of 4,000,000 shares at a subscription price of SEK 2.50 per share, corresponding to issue proceeds of SEK 10 million, to Svea Bank AB (the “Directed Issue”). The Directed Issue is carried out with a deviation from the shareholders’ preferential right and with the support of the authorization from the annual general meeting on 28 June 2022. The subscription price has been determined by the Board of Directors of the Company and corresponds to a [premium] of approximately 7,8 percent calculated on a volume-weighted average share price (VWAP) during the last 20 trading days, up to and including 12 December 2022.
” I would like to take this opportunity to thank SVEA BANK AB on behalf of the management for this investment, especially when the market situation looks as it does with uncertainties in several areas, not least in the listed environment. We have several ongoing game certifications and game titles in development, in addition to several new approvals in regulated markets where we engage local legal advisors for the processes. Here we are anxiously awaiting the opinion from each market for me to be able to notify you, our shareholders”, says Juha Kauppinen, CEO.
” The Board of Directors has been working for some time to find the most favorable financing solution for the shareholders and the Company. With the current market situation, we have seen that the conditions for raising capital have been very costly and directly harmful to the company and the shareholders. By adding capital through SVEA BANK’s investment, we strengthen our cash position and give the company greater financial flexibility, which gives us a good basis for future investments in the business”, comments Claes Tellman, Chairman of the Board of Gaming Corps.
THE DIRECTED ISSUE
The Board of Directors of Gaming Corps has today, on 13 December 2022, resolved on a new issue of 4,000,000 shares with deviation from the existing shareholders’ preferential rights and with support from the authorization given at the annual general meeting on 28 2022. The subscription price for the shares in the Directed Issue has been determined by the Board of Directors at SEK 2.50 per share and will be paid in cash. The subscription price corresponds to a [premium] of approximately 7,8 percent calculated on the basis of a volume-weighted average price (WVAP) per trading day for the Company’s share on Nasdaq First North Growth Market during the last 20 trading days up to and including 12 December 2022. The Directed Issue has been subscribed by Svea Bank AB and will provide the Company with issue proceeds of SEK 10 million.
CHANGES IN SHARE CAPITAL, SHARES AND VOTES AND DILUTION
The Directed Issue results in an increase of the Company’s share capital by a maximum of SEK 200,000.01, from SEK 2,707,625.06 to SEK 2,907,625.07. The number of shares and votes will increase by a total of 4,000,000, from 54,152,501 to 58,152,501. The execution of the Directed Issue results in a dilution of approximately 6.88 percent for existing shareholders in relation to the total number of outstanding shares and votes in the Company.
DEVIATION FROM SHAREHOLDER PREFERENTIAL RIGHTS
The rationale of the Directed Issue and the reason for the deviation from the shareholders’ preferential rights is to carry out a capital raise in a time- and cost-effective manner. The Board of Directors has evaluated the possibility of carrying out a preferential rights issue in first hand. The Company has weighed the advantages and disadvantages of a preferential rights issue in comparison to a directed share issue and concluded that a preferential rights issue (i) would be significantly more time-consuming, which could risk the Company missing out on potential growth opportunities, (ii) would lead to significantly higher costs for the Company, mainly attributable to procurement of a guarantee consortium and legal costs, (iii) would expose the Company to higher market volatility, especially given current market conditions, and (iv) would likely have had to be implemented at a lower subscription price (with a discount instead of a [premium]) and would result in a higher dilution effect, which would have been negative to all shareholders. In addition, the Board of Directors considers it positive that the institutional ownership in the Company is strengthened through the Directed Issue. The Board of Director’s overall assessment is thus that the reasons for carrying out the Directed Issue in this manner, and in this specific situation, outweigh the reasons that justify the main rule of issuing shares with preferential rights for existing shareholders, and that a new share issue with a deviation from the shareholders’ preferential rights is thus in the best interest of the Company and all shareholders.
ADVISOR
Baker McKenzie is the Company’s legal advisor in the Directed Issue.
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AI-powered betting assistant
Why the next billion dollar betting giant will look like a messaging app
Josh Swerdlow at ChatBet, says that as legacy sportsbooks struggle with “search and click fatigue, the next industry titan will win by owning the conversational intent layer where billions of users already live
If you look at any online sportsbook or app, the betting UX legacy debt is clear to see, especially when you compare it with the “invisible and seamless nature of modern tech. In contrast, betting UX is clunky and friction heavy.
This is because current betting interfaces are essentially digital versions of 1990s spreadsheets, with rows of odds and deep menus leading to “search and click” fatigue.
This creates a cognitive overload that only the power users are happy to contend with. These more hardcore bettors will tolerate grids, endless menu scrolling and complex bet types to get to the right wager, but it puts more casual punters in a state of analysis paralysis.
We are now moving from a world of “search and click” to “intent and fulfilment” and sportsbook operators must lean into this to ensure relevance and that they appeal to the widest possible audience.
For the average consumer, if they can book a holiday by chatting with AI, they expect to be able to place a bet on their favourite football team in the same way.
Messaging is the new browser:
Over the next decade, the “moat” for operators isn’t the odds they offer, it’s the layer that captures intent. Whoever owns the conversation will own the consumer. In short, the sportsbook becomes the back-end utility, while the messaging interface becomes the front of mind.
Crucially, this is not a “rip and replace” solution. It integrates seamlessly with existing APIs, allowing operators to modernize their UX overnight without rebuilding their entire tech stack.
Unlike clicks on a page, conversational data reveals exactly what the user wants. This creates a feedback loop that traditional trackers simply can’t match. This intent data gives operators a significant and strong advantage.
It’s not unreasonable to anticipate a multi-book future drive by another shift that sees a single messaging interface route intent to multiple liquidity providers or sportsbook brands. But that’s the future, what do operators need to understand and do right now?
From conversation to transaction:
Let me give a couple of examples that show conversational betting in motion and how it changes user behavior.
Traditional sportsbook UX is a multi-step hurdle race but conversational betting turns it into a sprint. Let’s use the example of a bettor who wants to place a £20 wager on Arsenal to win tonight.
This is the flow for a standard sportsbook.
Open the app. Log in. Search “Arsenal”. Select league. Find match. Click odds. Open bet slip. Enter stake. Confirm.
This takes 10-12 steps, plus additional typing time, so you’re looking at almost a minute to place a single bet.
This is the flow with conversational betting.
The user sends the following message, either as text or a voice note – “£20 on Arsenal to win tonight”. The AI does all the heavy lifting, with the bet set and confirmed in three to five seconds.
And this is just for a single bet. Imagine a same-game-parlay. While this is the highest-margin product for operators, it’s the most complex for bettors to construct, especially on mobile.
Traditionally, bettors scroll through 50+ toggles (corners, yellow cards, goal scorers, etc) trying to remember which players are even in the starting team.
But with conversational betting, the bettor acts as the director, rather than the architect.
Instead, they simply input “Give me a safe 3-leg parlay for the Manchester United game tonight focusing on goals scored”.
The AI will then compile the bet slip and even explain the rationale back to the bettor in its response, all pretty much in real-time.
This is especially important for operators looking to tap into the meteoric rise of prediction markets. If an event can be priced, a chat interface is the most natural way to trade on it, especially for the mass market.
The theory in motion:
ChatBet stands as proof of just how effective conversation betting is at crushing the funnel for acquisition and driving engagement and retention.
Our solution acts as an agentic bookie – a system that doesn’t just answer questions, but independently executes complex workflows across wallets, odds and APIs – living inside WhatsApp, Telegram and even the operator’s betting app.
To be clear, ChatBet functions strictly as the UI and orchestration layer; all critical regulated functions, including KYC, wallet management, ticketing, responsible gambling (RG) and reporting, remain securely inside the operator’s existing licensed stack.
These are just some of the headline stats we have generated with our initial run of operators launches.
Funnel velocity: Our initial launches demonstrate that the ‘time-to-bet’ for complex markets like same-game parlays has dropped by 82%, falling from a 90-second manual ‘build’ to a 4-second conversational ‘request’.
Conversion lift: By removing analysis paralysis, we have seen a 28% increase in bet-slip completion rates compared to traditional mobile web interfaces.
Retention advantage: Users engaging via messaging platforms like WhatsApp show a 35% higher day-30 retention rate than those using standalone betting apps, largely due to the ‘always-on’ nature of the interface.
Operational efficiency: The ‘agentic’ layer successfully interprets and executes 94% of natural language intents without human intervention, effectively providing every user with a private, 24/7 VIP bookie.
Why the intent layer is the ultimate moat:
In the legacy world, an operator’s only defense is their marketing budget. In the conversational world, the defense is data gravity.
Every chat interaction improves the AI’s understanding of local slang, fan sentiment and individual betting patterns. As the system scales, the ‘intent layer’ becomes an insurmountable moat – a competitor can clone a grid of odds, but they cannot easily clone a refined, high-context relationship with millions of users.
For the first time, betting has a ‘network effect’ where the more people who bet via chat, the smarter, and more indispensable, the interface becomes.
The billion dollar outcome:
The potential of conversational betting, and pioneering tech companies such as ChatBet, present a venture-scale opportunity. These are just some of the reasons why:
Viral distribution – piggybacking on the billions of users on WhatsApp/Telegram solves the customer acquisition cost crisis in betting. There’s no more fighting for app store space, with operators acquiring and retaining users directly though chat channels.
The data network effect – every conversation makes the AI smarter, so the more people that use the intent layer, the more defensible the platform becomes.
Regulatory alignment – there is a clear shift toward responsible gambling, and chat-based betting allows for lower-friction, smaller-stake engagement and “nudge” technology for safer play, aligning perfectly with the regulatory climate in 2026 and beyond.
The next billion-dollar betting giant won’t just be a better website, it will be the messaging-native layer that turns every opinion in a chat into a priced, compliant transaction.
The post Why the next billion dollar betting giant will look like a messaging app appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
CertiIQ
CertiIQ Launched by Deion Williams and Julian Borg-Barthet to Streamline iGaming Compliance
CertiIQ
, a RegTech platform created to offer a unified source of truth for certification, audit, and regulatory compliance, has announced its entry into the iGaming sector today.
CertiIQ
consolidates test reports, monitors certification and audit expiration dates, and facilitates secure collaboration among stakeholders. It also provides live RTP monitoring, asset integrity verification through API, workflows for change management, and comparative regulatory gap analysis for businesses entering new markets.
It has also been designed to guarantee that reports are automatically incorporated into client workspaces, eliminating manual transfers and minimizing operational friction, and has been created to facilitate workflows with prominent labs such as GLI, BMM, RiskCherry, Gaming Associates, and eCOGRA.
Leading this innovative platform are seasoned professionals Deion Williams and Julian Borg-Barthet, who collectively bring over 30 years of combined expertise from prominent testing laboratories, operators, and suppliers.
“Building something that we wish we had when we first got started, is a proud moment for us” said Julian Borg-Barthet, Co-Founder of CertiIQ
. “The enthusiastic feedback we’ve received so far has been a testament that we’ve been on the right track.”
Launching in early access this March, CertiIQ
is welcoming its initial customers while progressing toward a live release and is eager to partner with early adopters as regulatory challenges increase across all regulated iGaming markets worldwide.
The post CertiIQ Launched by Deion Williams and Julian Borg-Barthet to Streamline iGaming Compliance appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Bet on Games
Bet on Games Premieres Ranch Robbery — Rugged, High-Octane Crash Experience
Bet on Games unveils Ranch Robbery, a fresh crash game that infuses the wild spirit of the Wild West into the rapidly expanding instant category. The launch enhances the brand’s crash lineup with an audacious thematic approach and performance-oriented features.
As a key segment within the BETCORE ecosystem, Bet on Games keeps growing its instant and crash portfolio, now surpassing 200+ titles ready for integration. With Ranch Robbery, the brand expands its crash offerings, merging established gameplay mechanics with a unique Western theme aimed at distinguishing itself in competitive environments and captivating action-oriented players.
About the Game
Ranch Robbery takes place in a uniquely designed frontier setting where tension escalates in real time. A cowboy dashes across the ranch as the multiplier rises dynamically. The more extended the run lasts, the greater the possible payout; however, if the escape concludes before cashing out, the wager is forfeited.
Every round lasts merely seconds, resulting in a quick decision-making cycle and continuous adrenaline.
The post Bet on Games Premieres Ranch Robbery — Rugged, High-Octane Crash Experience appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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