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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.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.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....
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26 million) and encompassing some 6.44 million) but result in annual savings of around £12.68 million) beginning from the second half of the year....
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78 million (.Additionally, “premium content and latest releases” from the supplier’s partner studios will also be launched across BetVictor’s channels, according to Relax Gaming.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....
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12 million).The recently inked deal will see the iGaming provider and aggregator supply its comprehensive portfolio of in-house developed and third-party casino content to the online sports betting and online casino operator.78 million (....
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rators.”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 (.12 million) and £41....
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