John Lewis warns over tough trading as sales fall

September 4th, 2021

first_img John Lewis warns over tough trading as sales fall Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com John Lewis reported a second consecutive fall in weekly sales at its department stores and warned of tougher trading ahead as shoppers face higher prices, taxes and public spending cuts.However, the employee-owned group, which has long outperformed the broader retail sector, said on Friday it was still budgeting for growth for the year to January 2012.Department store sales fell 0.9 per cent year-on-year to £49.5m in the week to 29 January, following a 2.2 per cent decline the week before.The data add to signs of a slowdown in consumer spending after Christmas and a hike in VAT sales tax.John Lewis, which also runs upmarket grocery chain Waitrose, said electricals and home technology sales fell 5.1 per cent, while sales of home-related products were up 0.3 per cent and fashion sales up 1.4 per cent.Weekly sales at Waitrose rose 6.4 per cent to £95.6m. Friday 4 February 2011 3:39 am whatsapp Share whatsapp John Dunne Tags: NULLlast_img read more

Gartmore closes chapter on an inglorious 2010

September 4th, 2021

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Gartmore closes chapter on an inglorious 2010 Share Show Comments ▼ Wednesday 23 February 2011 8:57 pm YESTERDAY, investors likely saw Gartmore report as an independent fund manager for the last time. It wasn’t a pretty sight. Assets under management now stand at £15.8bn, a £7.7bn drop on the end-March figure. Of course, the real loss is far greater than that. Gartmore managed to lose billions of pounds in assets while its rivals were making hay on the back of booming equity markets. The firm has continued to lose assets since the start of the year, shedding some £790m assets in the first seven weeks of 2011, even though soon-to-be-owner Henderson had said clients would stick around. Although the rate of outflows is starting to slow (see graph, left), we are still sceptical as to whether Henderson can make this acquisition work. St James’s Place (results below) is a better pick while Jupiter and Hargreaves are also good bets. center_img whatsapp KCS-content Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp Tags: NULLlast_img read more

WPP buys Vietnamese agency

September 4th, 2021

first_img Show Comments ▼ WPP yesterday announced the acquisition of Vietnamese digital agency Who Digital. The world’s biggest advertising agency plans to form a joint venture in the country with OgilvyOne, in which it will take a majority stake. Who Digital, which has assets of around £400,000, has clients including Unilever, Megastar, HSBC, Baoviet and Sony Ericsson. The acquisition continues WPP’s ferocious growth in emerging markets. In 2009, WPP’s Ogilvy acquired a majority stake in T&A Communications, a leading PR and events agency in Vietnam. Prior to that it acquired 20 per cent of Smart Media. whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Geniusmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Tuesday 22 March 2011 8:20 pmcenter_img whatsapp WPP buys Vietnamese agency Share More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULLlast_img read more

Novartis sales up despite franc

September 4th, 2021

first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULL Novartis sales up despite franc whatsapp Tuesday 19 April 2011 8:32 pm NOVARTIS, the Swiss pharmaceuticals group, yesterday reported a first-quarter sales jump despite taking a hit from the strong Swiss franc over the first three months of this year.Sales at the group, which has just wrapped up its buyout of US eyecare firm Alcon, rose 14 per cent in constant currencies to $14bn (£8.6bn), boosted by strong demand for recently launched drugs such as Gilenya, Lucentis, Afinitor and Tasigna.Novartis’ operating income was down by three per cent, as the dollar weakened against the Swiss franc. center_img Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Show Comments ▼ KCS-content whatsapplast_img read more

Minmetals pulls out of Equinox bid

September 4th, 2021

first_imgTuesday 26 April 2011 2:57 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald More From Our Partners Kansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.com John Dunne Show Comments ▼ Tags: NULLcenter_img whatsapp whatsapp Minmetals pulls out of Equinox bid Share China’s Minmetals Resources bowed out of the battle for copper miner Equinox Minerals, saying Barrick Gold Corp’s C$7.3bn (£4.66bn) bid was too rich.Canada’s Barrick, the world’s largest gold miner, announced its agreed offer for Equinox , seeking to tap surging demand for copper from China and other developing economies that has pushed prices up more than sevenfold in the past eight years.Minmetals, a unit of China’s largest metals trader, said it could not justify paying so much and would seek other opportunities.“Competing with Barrick at these prices would, in our view, be value destructive for (our) shareholders,” Andrew Michelmore, Minmetals’ chief executive, said in a statement.Investors punished Minmetals’ cautious approach, sending its shares plunging 12 per cent in Hong Kong.Barrick’s offer is at a rich valuation of more than 14 times Equinox’s 2010 earnings before interest, tax, depreciation and amortisation of $523 million.Equinox, a global miner listed in Canada and Australia, owns the Lumwana mine in Africa’s rich Zambian copper belt and most of the Jabal Sayid project in Saudi Arabia.A weaker-than-expected capital raising by Minmetals in Hong Kong last week prompted speculation it might not have the funding in place to formally launch the unsolicited C$6.3 billion offer it announced earlier this month.Minmetals, which said it had a 4.2 per cent stake in Equinox, is majority controlled by state-owned China Minmetals Non-Ferrous Metals Co Ltd, so could potentially have tapped Beijing for funding. Traditionally, however, state-owned Chinese firms do not get drawn into bidding wars. last_img read more

Offshore growth takes Swedish revenue to SEK23.4bn in 2018

August 24th, 2021

first_img22nd February 2019 | By contenteditor Tags: Online Gambling OTB and Betting Shops Race Track and Racino Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Swedish gambling market saw revenue grow 1.5% in 2018, driven by growth in regulated and offshore igaming. Total revenue increased to SEK23.4bn (£1.9bn/€2.2bn/$2.5bn), with a 2.3% year-on-year decline in regulated market revenue to SEK16.7bn. The Swedish gambling market saw revenue grow 1.5% in 2018, driven by growth in regulated and offshore igaming.Total revenue increased to SEK23.4bn (£1.9bn/€2.2bn/$2.5bn), with a 2.3% year-on-year decline in regulated market revenue to SEK16.7bn.This was offset by a 12.4% increase from unlicensed operators targeting the market, with these companies seeing revenue for the year rising to SEK6.7bn. The country’s gaming regulator Spelinspektionen noted that a significant number of these offshore operators had been awarded licences for the country’s re-regulated igaming market, which opened on January 1, 2019.Focusing on the regulated market, Svenska Spel accounted for more than half of total revenue, despite its full-year figure of SEK8.8bn representing a 2.2% decline from 2017. This decline was due to a 9.7% drop in land-based gaming revenue, which fell to SEK6.1bn, though the state-owned operator’s online offering grew 20.0% to SEK2.7bn for the year.AB Trav och Galopp (ATG), which held the monopoly on horse race betting before the market was re-regulated, saw revenue fall 1.5% year-on-year to SEK4.1bn. This was down to a 10.7% decline in land-based revenue, to SEK1.6bn, with the online business up 5.2% at SEK2.5bn.The market’s third-largest business was the Swedish Postcode Lottery, though it reported a 2.7% dip in revenue to SEK2.0bn for 2018. Land-based sales were down 2.3% to SEK2.0bn, with the online offering reporting a 25.7% decline to just SEK28m. All regulated offerings saw revenue decline from the third quarter of the year, though Folkspel did report a 3% increase in the final quarter, albeit from a low base. The lottery’s revenue for the year amounted to SEK673m.The biggest decline in the year was reported by the lottery operated by the Swedish temperance movement IOGT-NTO, which saw revenue fall 23.7% year-on-year to SEK224m.The trend reported by Spelinspektionen in recent years, of players shifting away from land-based gaming to online, continued in 2018. Online gaming accounted for 52% of total market revenue – including offshore sites – which represented a 12.2% year-on-year increase, while land-based gaming fell 7.9%.Online casino was the strongest performer, with revenue up 13.7% for the year, followed by online wagering, which was up 11.5%.The figures were the last to cover the Swedish market before regulation, which also saw the country’s regulator Lotteriinspektionen rebranded as Spelinspektionen. Topics: Casino & games Finance Lottery Sports betting Horse racing Subscribe to the iGaming newsletter Offshore growth takes Swedish revenue to SEK23.4bn in 2018 Regions: Europe Nordics Sweden Email Addresslast_img read more

Engaging a new generation with data technologies

August 24th, 2021

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Topics: Tech & innovation 5th June 2019 | By Louella Hughes In today’s digital world, the way we consume information has changed. Concepts such as edge computing, live streaming and general changes in consumer expectations mean that delivering data in the moment is critical for companies to stay competitive in today’s market. This session looks at exactly how consumer expectations have changed and what solutions are available today to help igaming operators stay competitive. In today’s digital world, the way we consume information has changed. Concepts such as edge computing, live streaming and general changes in consumer expectations mean that delivering data in the moment is critical for companies to stay competitive in today’s market. This session looks at exactly how consumer expectations have changed and what solutions are available today to help igaming operators stay competitive.This iGaming Business webinar is in association with iGB Live! and is sponsored by Limelight Networks. Subscribe to the iGaming newsletter Tech & innovation Engaging a new generation with data technologieslast_img read more

Picking the right games to promote

August 24th, 2021

first_img Promoting new product launches has become increasingly complex, with marketers forced to contend with an ever-increasing range of titles and a drip-feed of new compliance controls. First Look Games’ Tom Galanis sets out the issues to consider when selecting games to put marketing dollars behindOne of the greatest challenges faced by chief marketing officers is deciding which games to promote and when and how to promote them. While five or six years ago there was just a handful of studios producing games, today there are more than 250.With some developers releasing out a new game every week, this means there are literally thousands of new slots and casino games rolling off the production line every year. Picking just a handful to back with marketing dollars and resources is a tough task.In addition, chief marketing officers are having to work with and around new compliance controls. This is changing the requirements of the role and making the task of promoting casino brands and games much more challenging than it was in the past.So just how can CMOs zero in on the games to promote based on their brand values, target audience and geographical reach?Backing the right horse The increasing number of game developers, and the thousands of new titles launched each year, are undoubtedly a big win for players. However, this does cause CMOs and marketing teams no end of headaches.It is simply not possible to effectively promote every single game that is launched, so operators and their marketers have to pick and choose the games that work best for them, their brand and, most importantly, their players.This requires a cross-team effort. For example, marketers should speak with the operator’s affiliate team to learn which games are the most popular among players, and to flag any differences in preference from market to market.They should also liaise with game developers to learn as much about each game as possible. Which market a game has been designed for, whether it is aimed at high rollers or casual players, and whether it includes any new features or mechanics can be key in selecting the right games to promote.As a general rule, branded and sequel games are usually worth supporting with a major marketing campaign. In most cases, these titles will come with a network promotion that allows the developer and the operator to share the cost of promoting the game.But for some operators, particularly smaller brands with smaller budgets, it can make sense to allow developers and tier one operators to market the blockbuster games, and instead promote titles from lesser known developers.With all the major operators backing chart toppers such as Dead or Alive II and Opal Fruits with big-budget campaigns, it can be tough for those without hefty marketing budgets to be heard above the noise. They may be better served putting their resources behind other titles.Regardless, it is important to promote games that will convert and ultimately deliver the best return on investment. That is why it’s important to also consider things such as whether your platform allows you to run free spins bonuses around new games or not.Other factors to take into account include the financial agreement you have with the game developer, as well as whether there are any exclusivity options available.Team effort The CMO sits atop of the marketing machine, but to be able to determine which games to back then devise and deploy effective campaigns, they need to work with the entire team and with other business departments within the business.For example, affiliates remain a powerful marketing platform for online casino operators and the affiliate team will know what sort of information and collateral publishers require to effectively promote new games and offers on their behalf.This needs to be fed back to the marketing team who can then create the necessary logos, graphics, banners and so on. It is about breaking down the silo and creating an open and collaborative environment to ensure the campaign is as impactful as possible.Compliance first and foremost This is particularly important, given the increasing need to be compliant in regulated markets around the world but especially jurisdictions such as the UK and Sweden. Marketers must be fully aware of any restrictions in each jurisdictions, and working with compliance officers is key to this.For example, while Marvel-branded slots are hugely popular with players in the UK. However, they are very difficult to market because they have the potential to appeal to underage players who are big fans of Marvel films such as Iron Man, Spider-Man and The Avengers.Indeed, it could be argued that it is no longer the case that marketers have free rein to promote brands and games at all costs in order to drive player acquisition and retention. Instead, it could be argued, the focus is on promoting brands and games as effectively as possible within the guidelines set.Game developers could be doing more Regulation and compliance is a good thing, but it does require operators and developers to work more closely together. I’d actually go so far as to say that developers could be doing more to promote their games instead of just relying on operators to do it for them.They should consider creating dedicated landing pages for big releases and filming short trailers that can be posted on social media directly to players. At the moment, most game marketing is B2B so there is a huge opportunity to target consumers directly.Of course, affiliates are one of the best channels to target players directly and both operators and game developers could and should be using this powerful marketing channel more than they currently are doing.About First Look Games First Look Games establishes a link between game developers and affiliates, providing game information and content about latest releases and full game libraries before anybody else. First Look Games enables affiliate readers to download Affiliate Packs – full of game assets and information – for a variety of the games featured here to enhance reviews and to build content. Casino & games Picking the right games to promote Subscribe to the iGaming newsletter Promoting new product launches has become increasingly complex, with marketers forced to contend with an ever-increasing range of titles and a drip-feed of new compliance controls. First Look Games’ Tom Galanis sets out the issues to consider when selecting games to put marketing dollars behind 25th June 2019 | By contenteditorcenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling Slot Machines Topics: Casino & games Marketing & affiliates Tech & innovation Slots Email Addresslast_img read more

BNP Paribas buys in to France Pari

August 24th, 2021

first_img Email Address “The arrival of BNP Paribas Développement into our corporate structure is extremely positive and we are delighted about it,” France Pari founder and president, Hervé Schlosser, said. “It will enable us to provide an even better service to our current and future B2B customers in this high-tech sector.“To work with and have the support of such major institutional investors is also a strong signal of the progress the French igaming industry has made in recent years as it reflects the attractiveness and long-term potential of our sector.”Emmanuel Del Agua, head of investment at BNP Paribas Développement, added: “The remarkable work that France Pari has accomplished over the past 10 years has enabled it to develop first-rate technical expertise in France and internationally and to become a leader in its sector.“Our entry into the group’s capital is a further sign of the confidence we have in the future of France Pari/Sportnco.”The move comes after France Pari last month reported a 13% year-on-year rise in group revenue to €3.5m for the first quarter, primarily due to the performance of its Sportnco arm. Tags: Online Gambling French sports betting technology provider France Pari has entered into a capital structure agreement with BNP Paribas Développment, a division of French banking group BNP Paribas. BNP Paribas buys in to France Pari Finance Regions: Europe Western Europe Francecenter_img Topics: Finance Strategy 28th June 2019 | By contenteditor Subscribe to the iGaming newsletter French sports betting technology provider France Pari has entered into a capital structure agreement with BNP Paribas Développment, a division of French banking giant BNP Paribas.Under the arrangement, BNP Paribas Développement will make a €2m investment to become a minority stakeholder, with France Pari using the new funding to increase investment in technology for its Sportnco B2B division.Franci Pari said that the entry of France Pari into its corporate structure is a major boost and will help it sustain the level growth it has experienced in recent years.As part of the agreement, BNP Paribas has also established access to a €2.8m (£2.5m/$3.2m) fund alongside Credit Mutuel’s ARKEA division. French public investment bank BPI France has added €500,000 to the fund, which will further strengthen France Pari’s financial resources. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Stakelogic granted supplier licence in Romania

August 24th, 2021

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online slot developer Stakelogic has secured a Class 2 Gaming licence from the Romanian National Gambling Office (ONJN), allowing it to roll out its content portfolio in the country’s regulated market.Stakelogic’s full suite of classic and video slot titles will now be made available to operators that are licensed in Romania, including content such as Hot Fruit Deluxe and Book of Adventure.The developer, which also holds permits in Malta and Sweden, plans to follow up on the new Romanian licence by pursuing regulatory approval in the UK, Italy, Spain, Denmark and Portugal later this year.“With our Romania licence in hand we can now offer our operator partners active in the market the latest online gaming products and games that players want to play,” Stakelogic chief executive, Stephan van den Oetelaar, said.Stakelogic is the latest developer to secure Romanian approval in recent months, with both Pariplay and Gaming Innovation Group having also been handed Class 2 Gaming licences.Image: Max Pixel Email Address Subscribe to the iGaming newsletter Legal & compliance Stakelogic granted supplier licence in Romania Regions: Europe Central and Eastern Europe Romania 1st August 2019 | By contenteditor Topics: Legal & compliance Tags: Online Gambling Online slot developer Stakelogic has secured a Class 2 Gaming licence from the Romanian National Gambling Office (ONJN), allowing it to roll out its content portfolio in the country’s regulated market.last_img read more