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”Investor involvement:NetEnt AB used a second press release to detail that the success of its acquisition has additionally prompted it to speed up the payment of an earn-out consideration agreed with the original shareholders in Red Tiger Gaming Limited worth some ￡23 million (.rators.78 million (....
82 million) with the firm now anticipating first-quarter net revenues of between ￡40.Positive prospects:Therese Hillman, Chief Executive Officer for NetEnt AB, used the press release to pronounce that the acquisition of Red Tiger Gaming Limited had ‘exceeded expectations’ due to a raft of synergies alongside ‘increased efficiency and economies of scale’.Quickening combination:NetEnt AB proclaimed that the redundancies are ‘being implemented to speed up the full integration’ of Red Tiger Gaming Limited and are to see ‘several functions’ relocated with the loss of some 120 full-time positions at its offices in Sweden and Malta....
She moreover stated that these had resulted in the online casino games developer updating its predicted annual cost savings by about ￡8.Additionally, “premium content and latest releases” from the supplier’s partner studios will also be launched across BetVictor’s channels, according to Relax Gaming.68 million) beginning from the second half of the year....
75 million) in September so as to acquire the complete shareholding of Red Tiger Gaming Limited.“With BetVictor’s growing international presence, this deal will allow us to service a range of markets and further expand our geographical reach.44 million) but result in annual savings of around ￡12....
The Stockholm-headquartered innovator used an official press release to declare that the changes are part of an ongoing restructuring that will allow it ‘to further strengthen competitiveness and increase efficiency’ after spending some ￡200 million (6.68 million) beginning from the second half of the year.Read a statement from Hillman…“We are now entering the next phase of the integration with Red Tiger Gaming Limited, whose sellers are also becoming shareholders of NetEnt AB....
