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26 million) and encompassing some 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.“With BetVictor’s growing international presence, this deal will allow us to service a range of markets and further expand our geographical reach....

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She moreover stated that these had resulted in the online casino games developer updating its predicted annual cost savings by about ￡8.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.Shareholder strength:The developer asserted that these exercises are to result in its issued share capital rising by around 2....

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