LONDON – everplay group plc, a leading global independent (“indie”) games developer and publisher of premium video games, announced the appointment of Mikkel Weider as Group Chief Executive Officer and member of the Board, with effect from 1 January 2026. Mikkel is a highly accomplished gaming executive, with significant leadership, industry and M&A experience, having…
Tag: gaming industry
Ainsworth Game Technology CEO Harald Neumann steps down, COO named acting successor
LAS VEGAS: Ainsworth Game Technology Limited announced Thursday that CEO Harald Neumann has resigned effective immediately. The company’s board acknowledged Neumann’s contributions during his tenure. The board said it will begin a comprehensive search for a permanent CEO, considering both external and internal candidates. In the interim, Ryan Comstock, the company’s chief operating officer, based…
Fragbite Group to sell Playdigious SAS for EUR 10.5 million
STOCKHOLM: Fragbite Group AB has today signed an agreement to divest all its shares in subsidiary Playdigious SAS for a consideration of EUR 10.5 million, corresponding to approximately SEK 115 million, on a cash-free, debt-free basis. The net consideration is paid in cash. In addition, Fragbite Group obtains 90 percent of the net revenue from…
Playtech posts €1.6 billion profit on Snaitech sale; Reaffirms B2B strategy amid mixed H1 results
LONDON: Playtech (LSE: PTEC), a leading provider of technology and services to the online gambling industry, reported a €1.6 billion post-tax profit for the first half of 2025, driven by the disposal of its Snaitech unit, despite a 10% decline in revenue and a sharp drop in reported EBITDA. The company distributed approximately €1.8 billion…
Identitii sells remaining Payble Pty Ltd stake to fund BNDRY expansion
SYDNEY: Identitii Ltd. (ASX:ID8) has sold its remaining stake in Payble Pty Ltd to OIF Ventures for A$1.6 million, securing non-dilutive capital to accelerate the rollout of its BNDRY compliance platform. The funds will support Identitii’s go-to-market strategy, with immediate focus on its Cherryhub partnership targeting Australia’s clubs and pubs sector. The move follows heightened…
Ainsworth Game Technology reports solid H1CY25 results amid takeover bid by Novomatic
Company posted a normalized profit before tax of A$13.9 million for the six months SYDNEY: Ainsworth Game Technology Ltd (ASX: AGI) reported a normalized profit before tax of A$13.9 million for the six months ended June 30, 2025, in line with market guidance, as revenue surged 25% year-over-year to A$152.1 million. The results come as…
Entain Plc beats H1 forecasts, upgrades FY25 guidance on strong BetMGM growth
Group EBITDA reached £583 million, up 11% versus H1 2024 LONDON: Entain plc (LSE: ENT), the global sports betting and gaming group, reported stronger-than-expected interim results for the six months ended 30 June 2025, driven by robust performance across its core markets and a standout contribution from BetMGM. Group Net Gaming Revenue (NGR), including Entain’s…
Nintendo posts 132% revenue surge on blockbuster Switch 2 launch
TOKYO: Nintendo more than doubled its revenue in the fiscal first quarter, buoyed by explosive sales of its newly launched Switch 2 console, the company said Friday. The Japanese gaming giant reported revenue of ¥572.3 billion ($3.8 billion) for the quarter ending June 30, a 132% increase from the same period last year and well…
Brightstar Capital Partners completes PlayAGS acquisition in $1.1 billion deal
NEW YORK: Private equity firm Brightstar Capital Partners has completed its acquisition of PlayAGS, Inc. (NYSE: AGS), a global gaming supplier, in a deal valued at approximately $1.1 billion, company said on Monday. The transaction, first announced May 9, was finalized after receiving approval from AGS stockholders and necessary regulatory clearances. AGS shareholders will receive…
The Psychology of Gaming: Tapping into Player Motivations for Marketing
In the digital age, gaming has transcended mere entertainment to become a cultural phenomenon that captivates millions worldwide. It’s not just a pastime; it’s a lifestyle that permeates every aspect of modern culture. From the neon-lit streets of Tokyo to the bustling cities of New York, gaming is ubiquitous, shaping identities and communities across the…
Good Life Plus Plc appoints gaming industry veteran David Craven as new Chairman
LONDON, UK: Good Life Plus Plc, a leading company in the luxury prize draw and rewards sector, has announced the appointment of David Craven as its new Non-Executive Chairman. Craven, who has over 20 years of experience in the global gaming industry, will replace Keith Harris, who has retired from the Board. Craven is best…