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Habanero continues expansion with Codere

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Habanero continues expansion with CodereReading Time: 2 minutes

 

Premium slots and table games provider Habanero has agreed a deal with leading operator Codere as it looks to extend its global reach.

The partnership with will see Habanero’s full portfolio of slots, table games and video poker go live in a multitude of markets, with Spain and Latin America providing the key focus.

Titles such as Jump! Knockout Football, Ways of Fortunes, and London Hunter will be made available to Codere, who now have a presence in eight countries, including Brazil and Mexico.

Arcangelo Lonoce, European Head of Business Development at Habanero, said: “We are delighted to have agreed terms with Codere in what is one of our most significant commercial deals to date.

“We have made great strides in Europe this year and this partnership is further proof that all of our work is paying off and can provide us with a springboard into new markets like Latin America.”

Salo Leder, Business Development Executive at Codere, said: “Habanero has a track record of creating some really engaging and entertaining games and we can’t wait to include them in our offering to players.

“Their wide range of titles offer something to suit all tastes and preferences and we are sure the time and effort they have put into creating them will be appreciated in all the markets we serve.”

 

About Habanero:

Habanero is a supplier of quality slots and table games for the online and land-based casino industries. Hosted on Habanero’s own platform and made available at a competitive rate, these games are tailored to the widest possible variety of devices, allowing operators in multiple territories to maximise their incomes. Purchased by a group of European investors in 2012, the company now boasts a host of skilled designers, developers and mathematicians. Its management team has over four decades’ worth of experience in betting and gaming.

 


Source: Latest News on European Gaming Media Network

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Rank Group appoints Tang Hong Cheong as non-executive director

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The Malaysian executive, Tang Hong Cheong has been appointed as a non-executive director at UK gambling operator Rank Group Plc.

He served as President and CEO of Asian firm Guoco Group since 2016. Tang Hong Cheong has also worked as Chief Executive of Malaysian investment conglomerate Hong Leong Group. His expertise as a C-level executive includes corporate financing, risk management, transformation projects and strategic planning.

“I am pleased to welcome Hong Cheong to the Rank board. Hong Cheong has been working with the management of Rank since 2010 and has a broad understanding of the operational, financial and business aspects of the Company,” Rank Group Plc chairman Ian Burke said. He added: “With Hong Cheong joining the board, he will be able to further enhance the communication between Rank and its major shareholder and, with his extensive commercial experience, be able to bring valuable contributions to the Rank board.”

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Rank Group appoints Tang Hong Cheong as non-executive director

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Delaware continued it’s strong performance in December

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Delaware continued it's strong performance in DecemberReading Time: 1 minute

 

Delaware shows another strong performance on legalised sports betting in December. An increase in stakes on its online gaming market pushed annual revenue for the sector up 8 per cent year-on-year.

Net proceeds from legal sports betting amounted to $2.2m last month, up from $1.1m in November. This was mainly down to players winning less in December, with the $13.6m.

Delaware Park remains the main source of sports betting income for Delaware, with revenue in December amounting to $1.5m, from handle of $10.8m. Since launching legal sports betting on June 24, Delaware has generated revenue of $8.9m in total, with punters staking $87.0m.

There is good news for Delaware’s struggling online gaming market after a strong performance in December helped push full-year revenue to $2.6m, up by 8 per cent on $2.4m in 2017.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Delaware continued it’s strong performance in December

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Poland to fight against tax crimes

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A law has been prepared by the Ministry of Justice, which allows effective counteracting organised crime, especially tax crime, illegal circulation of alcohol, cigarettes and electronics or illegal gambling. This is done by the amendment of the Penal Code prepared in the Ministry of Justice.

The new law aimed at criminals who are cheating on taxes, duties or excises.

Revenues from VAT to the state budget in 2017 increased by PLN 30 billion, which is by almost a quarter compared to the previous year. This is more than all year spending on the “Rodzina 500+” programme.

The next action is far-reaching changes in the Penal Fiscal Code. They are necessary because the obsolete law (the Penal Fiscal Code Act has not undergone a deeper amendment for 10 years) means that huge amounts instead of, for example, social purposes go to the pockets of criminals who cheat on taxes, duties or excises.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Poland to fight against tax crimes

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