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Having acquired Ladbrokes Coral in March 2018, the landmark migration is the company’s largest and includes all of the acquired brands, with Ladbrokes, Coral, Gala Bingo, Gala Casino and Gala Spins all now on the GVC platform.”Established in 2012, Red Rake Gaming is now certified in Romania, Italy, Belgium, Sweden, Portugal, Malta, UK, and Spain, and its UK and Malta licenses make it well-versed with the regulated landscape and can see to it that players have an optimal gaming experience while engaging any of the diverse titles on offer.Integration details:Included in the distribution are Red Rake’s latest releases; Gustav Minebuster, a mining-themed cluster slot with a win potential of up to 20,000x; Mother of Horus, the fast-rising star complete with extra spins, fixed jackpots and non-stop action; and Million 7, a 10×6 video slot that offers players a million ways to win; along with the recently-released, Secrets of the Temple....
The firm headquartered in the Valletta suburb of Is-Swatar now purportedly has some 1,200 employees at ten offices around the globe with its technology being utilized by an increasingly diverse range of horseracing companies, state lotteries and iGaming stah r block online gambling ouucrt-ups.”GVC landmark migration completed:The distribution agreement comes a day after GVC completed the migration of all Ladbrokes Coral brands on to the Group’s market-leading proprietary technology platform.Key Partnership:Managing Director of Red Rake Malta, Nick Barr, commented on the strategic partnership in an official press release, saying…“This is a key partnership due to the synergies between the companies, and allows us to increase our foothold in already very strong markets for our games....
GVC’s players will also have access to the Spanish developer’s top-performing partner games. This 11% holding is purportedly now worth just over billion after the newly-combined entity ended its first day of trading on the NASDAQ bourse with its shares being individually valued at . We look forward to building our partnership with Red rake in the coming years....
We are very much looking forward to working with the team of professionals at GVC, and are confident we will mutually benefit from this collaboration.Chief Operating Officer for GVC, Shay Segev, commented…“I am delighted that this critical and hugely complex stage of the Ladbrokes Coral integration process has been completed so successfully.6 million shares as part of the recent amalgamation, which also involved a Friday public float....
According to a Monday report from Forbes. It also positions the business even better to emerge from the current crisis from a position of strength. It is a great testament to the sophistication of our technology and the quality of our teams, and it is particularly impressive that they have managed to finalise it during this period of remote working....
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