iGaming Business – Sportsbetting solutions supplier Betting Promotion Sweden has entered into an agreement with gambling company Atletico Nordic to acquire 100% of gaming software developer Tain in a deal worth approximately SEK44.3 million (€5 million/$6.9 million). The agreement will include the acquisition of the developer’s subsidiaries Tain Ukraine, Tain Malta, Tain International and WL Services. Betting Promotion and Tain first entered talks at the end of August this year and stated that a deal was likely to be completed in October. The acquisition will be implemented through an issue of 9,520,065 new shares in Betting Promotion that are given…

iGaming Business – Sportsbetting solutions supplier Betting Promotion Sweden and gaming software developer Tain have confirmed they are in talks over a possible merger. The companies said that negotiations were still at an initial stage, but would be likely to be completed in October. A final decision on the merger will be taken at a Betting Promotion Sweden Extraordinary General Meeting. “Betting Promotion is a content provider and Tain a technology business. I see the merger of the two an ideal opportunity for Betting Promotion to utilise Tain’s technological resources and know-how to further develop our products,” Betting Promotion’s chief…