European gambling giant Allwyn announced that it will acquire the remaining 15.51% stake in Stoiximan, a subsidiary of OPAP that it does not yet own, for approximately 191.6 million euros, achieving full control of this Greek and Cypriot online operator. The transaction will be conducted in a cash-f
Cyprus, as a popular gambling hub in the eastern Mediterranean, attracts a large number of international online gambling operators with its superior geographical location, EU membership, and mature financial system.As an EU member state, Cyprus, with its stable legal system, favorable tax policies,
Xace is expanding into Cyprus to grow its business.The company is committed to strengthening its influence in Europe and devising growth strategies, seeking to enhance local support, better comply with EU regulations, and provide greater value to customers across the region.One of the main reasons X
Why are more and more game companies settling in Cyprus?If you are in the gaming industry, especially considering setting up overseas companies, building international teams, or opening up payment channels in the European and American markets, you may have noticed a name appearing frequently—Cyprus.
GAN has enhanced its platform offering to social casino operators across North America by inking a deal with Stakelogic.Through the partnership, GAN has agreed to distribute Stakelogic’s in-house igaming content to the social casino brands it works with in the US, as well as the studio’s live casino
Seaport Research Partners has advised Melco Resorts & Entertainment to divest its stakes in City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus to finance a potential investment in Thailand and fully acquire Studio City in Macau. Vitaly Umansky, an analyst at Sea
The company’s global team actively engaged with industry leaders, partners, and customers, successfully hosting over 320 business meetings. Amusnet made a remarkable impression at ICE 2025, with its inaugural edition in Barcelona and attracting a record-breaking 55,000 attendees. The company’s globa
The initiative seeks to reduce addiction risks and enhance the protection of young people in the digital realm.France.- The Council of Europe, through its cooperation platform on drugs and addictions, the Pompidou Group, has officially launched an ambitious project aimed at protecting the mental hea
Among the 40 elite football clubs in Brazil, 32 are sponsored by sports betting and online gaming houses. The number was even higher until Friday, when Bahia announced the termination with Esportes da Sorte. Nevertheless, the Salvador team plays its games at Arena Fonte Nova, which has the naming r
Chinese businessman Huang Zhiyang has once again become the focus of international media and law enforcement agencies due to allegations of illegal gambling, human trafficking, and money laundering activities.According to a joint investigation by the Organized Crime and Corruption Reporting Project
A Allwyn, a leading multinational lottery operator, announces that it has signed an agreement to acquire a 51% stake in Logflex MT Holding Limited, owner of the growing online sports betting and gaming group Novibet, subject to customary regulatory and antitrust approvals. The deal involves cash fig
Multi-national lottery operator Allwyn has agreed to acquire a 51% majority stake in Logflex MT Holding Limited, owner of online sports betting and gaming group Novibet. The company is set to pay an initial €217 million ($225 million) in cash as part of the deal, plus €110 million in potential perfo
Allwyn Secures 51% Stake in Novibet Parent CompanyAllwyn has secured a majority stake in Novibet’s parent company Logflex MT Holding Limited. The deal will expand the former company’s position as a leading lottery company and a rising iGaming star.Allwyn Continues to Grow Its BusinessAs confirmed by
Allwyn International has finalised an agreement to acquire a 51% stake in Novibet, strengthening its igaming footprint in Europe and South America.Announced this morning (30 December), Allwyn has proposed a €217m cash payment, plus €110m in potential performance-based earnouts, to the investors of L
Ellen Learmonth, Program Manager at Safe Affiliate Programs, has highlighted the rise of mega-media affiliates, the transformative impact of AI, and the non-negotiable status of mobile optimization as the key trends that will be at the top of the agenda at January's edition of iGB Affiliate. The eve
