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The Stockholm-headquartered enterprise used an official Monday press release (pdf) to detail that the mandatory public offer was required after it spent roughly 1,890 late last month in order to buy a further 27.8 million a year by merging the pair’s operations, know-how and staff. Although such entertainment will be exempt from existing gaming duties and taxes, organizers will purportedly also be compelled to return 58% of any stakes and pay a 12% turnover tax....

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It eclipsed the previous year’s festival by nearly 1,000 players and saw Serghei Lisii earn the first-place finish after defeating Steven van Zadelhoff in heads-up play.2% stake in the operator behind the Ninja Casino online casino brand. The also firm explained that this transaction took its total interest in the Malmo-based rival to slightly beyond 54% although it has since bought an additional tranche to take its aggregate shareholding up to 66....

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