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iGame and Plus One Dreams team up
Sunday April 13,2014 : MALTA-BASED ONLINE GAMBLING COMPANIES IN MERGER AGREEMENT
iGame and Plus One Dreams team up.
Two Finnish-owned but Malta-based online gambling companies have decided that there is strength in unity and are to merge.
Once the merger is complete iGame and Plus One Dreams will employ over a hundred people and operate under the iGame brand.
iGame has been around for the last 13 years and is a Nordic-focused internet casino, poker, and betting enterprise which operates sites 24hPoker.com, Casinohuone.com, Pokerihuone.com, Veikkaushuone.com and iGame.com. The company has premises in Estonia and Malta and operates under an LGA licence.
Plus One Dreams Ltd also holds Malta licensing and offers online and mobile gambling entertainment. The company operates sites Kolikkopelit.com, Leijonaksino.com, Hertat.com and Bohemiacasino.com.
The two companies have signed a letter of intent, in which iGame acquires the majority of the shares outstanding in Plus One Dreams in a transaction that will be finalised on the 15th May 2014. The merged companies will retain existing members of staff, with plans for expansion and further recruitment.
The companies have business associations that go back several years:
Plus One Dreams CEO Rikard Ljungman says: "This is a dream merger for both parties. The two companies have known each other for many years and have a long lasting mutual respect and trust for each other. In addition, we complement each other extremely well in sector knowledge, market position and company values. We have the best possible foundation to complete a successful merger and continue on the growth path as a combined entity.
"Gaming and entertainment products can be offered to customers through a larger and more diversified product offering, resulting in expanded variety of games and deeper gaming experiences."
Robin Larsson, CEO of iGame said that the merger would enable the combined companies to undertake significant investments in the future in order to improve services and create a unique gaming experience.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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