Latest News
LiveScore Group Announces Strategic Acquisition of Tech-Specialist Wonderlabz to Further Fuel Growth
LiveScore Group – the global sports media business – has today announced the full acquisition of South
Africa-based software development specialists Wonderlabz.
The acquisition adds significant scale to LiveScore Group at a time of substantial growth for the business,
accelerating the process of product development as well as increasing the capability to expand into
further key territories.
Wonderlabz has established world-class development credentials centred around its industry-leading
Lithium PAM and back-office platform and renowned software talent and engineers. Specifically, the
business has played a vital role in the evolution of the app and digital platforms for LiveScore Group’s key
brands including LiveScore and LiveScore Bet.
Comprising three brands including LiveScore, one of the world’s leading real-time sports updates and
streaming service providers, and award-winning sportsbooks LiveScore Bet and Virgin Bet, LiveScore
Group has seen record-breaking success through its unique and pioneering model which converges the
worlds of sports media and sports betting.
The Wonderlabz deal comes just over one year after the announcement of a £50 million strategic
investment into LiveScore Group from Swiss-based media and tech firm Ringier AG. The subsequent 12
months have seen LiveScore Group significantly accelerate its global expansion, with this latest acquisition extending its existing holding in Wonderlabz from 25% to 100%. The move substantially increases the Group’s in-house capability and establishes a new tech hub in an emerging market.
Sam Sadi, CEO of LiveScore Group, commented:
“I’m thrilled to announce our acquisition of Wonderlabz, one of the most exciting businesses in the global
software development space. We have grown our relationship with the fantastic people and experts at
Wonderlabz over many years, and their stand-out Lithium PAM platform has played a critical role in the
ongoing success of our industry-leading convergence strategy.
I’m personally excited to work even closer with the team in Cape Town to help continue to develop a
world-class tech hub in the area, one which increases the technical capability of our business and will fuel
the potential for further growth. Welcome to the LiveScore Group family, Wonderlabz.”
Ben Johansen, CEO of the Wonderlabz group added:
“This is a hugely exciting day for Wonderlabz, as we officially join the pioneering LiveScore Group family.
Over recent years we have built an outstanding business centred on world-class software development
talent, working with the likes of LiveScore Group to develop industry-leading tech solutions.
There is no doubt that in LiveScore Group, we join one of the most forward-thinking and innovative
businesses in the sports media and betting worlds. I cannot wait for our people to continue playing a key
role in what comes next.”
Contact
For more information, please contact [email protected]
Eloy Fernandez
Endorphina Enters into Partnership with Luckia
Endorphina has entered into a partnership with Luckia, a leading company in the gaming sector. Combining Endorphina’s passion for slots with Luckia’s innovative spirit, this partnership is set to provide incredible gaming experiences to all iGaming enthusiasts.
Endorphina’s Senior Partnership Manager, Zdenek Llosa, shared his excitement about the partnership: “We are thrilled to join forces with Luckia, a respected and influential operator in Colombia, Spain, Mexico, and Portugal. This partnership is a significant step forward in our global expansion strategy, allowing us to reach new players and markets. We are confident that Luckia’s players will appreciate the quality and diversity of our games, and we look forward to a fruitful and enduring collaboration.”
Luckia is a commercial brand of Luckia Gaming Group that combines offline and online gaming, including traditional businesses such as gaming machines in bars and restaurants and gaming arcades, new online gaming activities, and land-based sports betting. By advancing the current concept surrounding gaming, Luckia aims to provide an extensive entertainment experience, democratizing gaming and making it a social, accessible, and trust-inspiring activity.
Eloy Fernandez, Head of Product at Luckia, said: “We’re thrilled to announce our new partnership with Endorphina, with Mexico being the first market to go live with their creative slot content on Luckia’s platform! Endorphina’s distinctive games will not only enhance our offering but also provide a fresh and engaging experience for our Mexican players. Their unique approach aligns with our mission to elevate entertainment and optimize our services in key markets.”
Bradley Khoury
eCOGRA Approved to Operate in Arizona, Indiana and Panama
eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.
This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.
Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.
In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.
“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.
Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”
Asia
Goa Introduces an Entirely Online Lottery Platform
In a move towards modernising India’s lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.
Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. “Our mission is to democratize opportunities through technology,” Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.
Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. “With our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,” Gad remarked. “The technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.”
This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.
The post Goa Introduces an Entirely Online Lottery Platform appeared first on European Gaming Industry News.
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