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Swedish online casino games developer NetEnt AB has announced that it will be significantly reducing its workforce as a result of better-than-expected synergies with the Red Tiger Gaming Limited concern it purchased last autumn.03 million).5% to approximately 3....

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78 million (.82 million) with the firm now anticipating first-quarter net revenues of between ￡40.“With BetVictor’s growing international presence, this deal will allow us to service a range of markets and further expand our geographical reach....

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She moreover stated that these had resulted in the online casino games developer updating its predicted annual cost savings by about ￡8.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.B2B supplier for the online gambling industry Relax Gaming has added British independent bookmaker BetVictor to its growing roster of operators....

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12 million) and ￡41.75 million) in September so as to acquire the complete shareholding of Red Tiger Gaming Limited.Additionally, “premium content and latest releases” from the supplier’s partner studios will also be launched across BetVictor’s channels, according to Relax Gaming....

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43 million (1.”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 (.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....