iSoftBet lands Hills Interactive content deal

iSoftBet is to provide a range of content to the interactive division of William Hill. The online and mobile game supplier will add its entire portfolio of games to Hills’ Interactive Online offering through an integration with Openbet RGI. iSoftBet will also work with the William Hill I...

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iSoftBet lands Hills Interactive content deal

iSoftBet is to provide a range of content to the interactive division of William Hill. The online and mobile game supplier will add its entire portfolio of games to Hills’ Interactive Online offering through an integration with Openbet RGI. iSoftBet will also work with the William Hill Interactive Online team to create exclusive content. “We are very, very excited about this fantastic opportunity to work with a leading bookmaker like William Hill,” enthused iSoftBet managing director Nir Elbaz. “The brand is known throughout the industry and is a popular choice with punters. Our innovative Neon Reels slot creation and branded titles such as Paranormal Acti...

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32Red shares soar post Kindred takeover bid

Online gaming giant offers 196p per share for the Gibraltar-based company’s stock.

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32Red shares soar post Kindred takeover bid

Shares in 32Red are in the rudest of health following a takeover bid from Kindred Group. A bona fide gaming giant, Kindred is offering 196p per share for 32Red stock. This reflects a 16pc premium to the company’s share price before news of the deal broke. The value of 32Red is now estimated at £176m. Based in Gibraltar, 32Red is listed on the London Aim market. The firm has enjoyed rapid growth in recent years with sales rising by nearly two-thirds to £30.4m in the first half of 2016. On the back of advice from Numis, 32Red’s directors are to unanimously recommend that the “fair and reasonable” bid is accepted. The board has urged shareholder...

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