Entain is given the go-ahead from the appropriate authorities to buy Enlabs

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Entain is given the go-ahead from the appropriate authorities to buy Enlabs

In early January, the owner of Ladbrokes and Coral made an approach to buy Enlabs in a cash transaction estimated at SEK 2.8 billion ($328.4 million).

Alta Fox Capital Management, which owns 3% of Enlabs, said the offer "materially undervalued" the company. Minority shareholders who control an 11% interest in the operator, however, rejected the offer worth SEK 40 for each Enlabs share.

Entain upheld its valuation and gave Enlabs until March 18 to accept the offer; however, last week, the operator boosted its offer by 33% to SEK 53 per share, which Entain then deemed to be the final amount. Since then, 51% of Enlabs' stockholders have supported the current offer.

Entain has now announced that it has obtained all essential clearances from the appropriate gaming and competition authorities, indicating that all requirements have been satisfied and the transaction may proceed to its closing.

According to a statement from Entain, the acceptance period for the offer will end on March 18, 2021, at 17.00 CET. Entain maintains the right to postpone the date of settlement as well as to prolong the offer's acceptance time.

On March 4, Entain announced a profit of £113.8 million ($157.8 million) for the whole 2020 fiscal year, a significant increase above the loss of £!31.2 million in 2019. Revenue remained constant at £3.6 billion.

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Launch of a New Phone Number Verification Service by IDenfy

With the aid of the new programme, it will be possible to evaluate the risk posed by a phone number and suggest appropriate course of action. Information about the customer's location, roaming nation, current network, availability, and phone contract terms will be included in the data.

In the current digital era, maintaining and guaranteeing the security of Personally Identifiable Information (PII) has become crucial for businesses and consumers alike. Gaps in security have grown increasingly obvious as a..

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Sportradar and XLMedia have a new multi-year agreement

XLMedia will disseminate the data across all of its internet brands, including Sports Betting Dime, Saturday Tradition, Saturday Down South, Crossing Broad, Elite Sports NY, and Canadian Sports Betting, using Sportradar's real-time sports data tools.

"This partnership highlights Sportradar's ability to be a one-stop shop for exclusive betting data and sports content for XLMedia's publisher partner brands and highly engaged audiences," stated Brian Josephs, Head of Regional Sales, North America, of the col..

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Deals are made by Gaming Corps with a number of casinos in Estonia

The vast selection of games from Gaming Corps, which cover all genres, are now available to players. Along with more current games like Raging Zeus, Certified Plinko, Aztec Bonus Pot, and Penalty Champion, this list also includes Jet Lucky 2 and Coin Miner.

Customers in Estonia might gain from a studio partner who puts their requirements first and offers a prompt and flexible service.

This agreement comes after Gaming Corps recently received licences to operate in Gibraltar, the Netherlands, and Gr..

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Stake.com and Odin.gg collaborate

Oddin.gg, a provider of esports betting, has teamed up with cryptocurrency casino and sportsbook Stake.com to offer odds feed services, custom risk management solutions (which are crucial for operators using cryptocurrency), as well as other services.

The esports betting environment offered by Oddin.gg intends to support Stake.com's expansion into the esports market. The esports odds feed, risk management, iFrame solution, widgets, 24/7 content, and marketing services provided by Odin.gg are advantageous ..

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SkillOnNet and Stakelogic Live extend their agreement

Before being launched to Denmark and Sweden, the new material will first be made available in the UK, Mexico, and.com nations.

Now, casinos powered by SkillOnNet as well as its own brands like PlayOjo, SpinGenie, and Bacana Play can play the live dealer games from Stakelogic Live.

The "Super Stake," one of Stakelogic Live's recommendations, allows players to virtually double their stake in an effort to increase the possibility that extra features would be activated and provide big winnings.

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