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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 “The supplier is well positioned to meet the demands of our operator partners and their players, who will undoubtedly enjoy its immersive games....
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“The supplier is well positioned to meet the demands of our operator partners and their players, who will undoubtedly enjoy its immersive games.49 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 (....
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The integration will unleash the full potential of our shared capabilities, create significant efficiency gains in games development and strengthen our position as the market leader in online casino.49 million (.32 million new B-shares for the original investors in Red Tiger Gaming....
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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’.Additionally, “premium content and latest releases” from the supplier’s partner studios will also be launched across BetVictor’s channels, according to Relax Gaming.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.Read a statement from Hillman…“We are now entering the next phase of the integration with Red Tiger Gaming Limited, whose sellers are also becoming shareholders of NetEnt AB.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....
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