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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.”For its part, BetVictor Director Shareholder strength:The developer asserted that these exercises are to result in its issued share capital rising by around 2....

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68 million) beginning from the second half of the year.“With BetVictor’s growing international presence, this deal will allow us to service a range of markets and further expand our geographical reach.”Much like Playson’s current deal, its immersive suite of titles will likewise be made available across the software developer‘s operator network....

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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 (.”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 (.08 million (....

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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 (6.5 million (.32 million new B-shares for the original investors in Red Tiger Gaming....

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Commenting on the recent collaboration, Chief Commercial Officer for Singular, Robert Dowling, said…“We are always looking to work with the industry’s best content developers, so we are delighted to bring Playson on board.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....