IGT Extends Loto-Québec Deal through 2027

IGT Extends Loto-Québec Deal through 2027


International Game Technology (IGT), a global leader in gaming technology and slot machines, has extended its agreement with Loto-Québec, expanding its footprint in Canada. The renewed deal is set to expire in 2027.

IGT to Continue Supplying Loto-Québec

Under the new deal, IGT’s Canadian subsidiary, IGT Canada Solutions, will continue to supply Loto-Québec with gaming technology. In addition, the supplier agreed to power the Canadian lottery operator with an enhanced version of its INTELLIGEN video lottery central system software. The agreement notably also includes all related components.

As announced by the provider, the newer version of the INTELLIGEN network includes much better diagnostics and data analytics. The systems within the network are deployed across the globe and currently connect thousands of video lottery terminals (VLT) across various gaming environments. The software is backed by the robust experience of IGT’s team, ensuring the stability and control that operators need.

The ITELLIGEN Netwok supports the Gaming Standards Association’s Game to System standard protocol and allows the use of improved UI, cashless payments, better safer gaming tools and thrilling jackpot offerings, among other tools.

Per the extended deal, IGT will also leverage its European Operational Center to provide Loto-Québec with all the operational support needed from the system. IGT will also provide Loto-Québec with more VLTs gaming cabinets, all equipped with many best-in-class games, including PlayDigital titles.

The Two Companies Have a History of Working Together

Loto-Québec and IGT have a long history of working together. The two parties first joined forces in 1978 and have been collaborating ever since. Nick Khin, chief operating officer of gaming at IGT, spoke about the extended partnership. He is sure that the INTELLIGEN system will position Loto-Québec for more success in the future. In addition, he promised that IGT will provide the lottery with the best state-of-the-art updates it has to offer.

Over the years, IGT has cemented itself as an undisputed leader in global gaming. The company is famous for supplying companies with exciting experiences for players across all gaming verticals, including lotteries, slot machine operators and sportsbooks. The supplier provides solutions for both retail and online operators and offers a rich selection of content and gaming tools. IGT products make sure that the company’s clients are always in charge of their offerings.

Speaking of IGT, several days ago, the company posted its Q3 results, highlighting its continuously growing presence in the global gaming sector. During the quarter, the company earned over a billion dollars, marking an 8% year-on-year increase.



Source link

Christmas Comes Early with Lucky Christmas

Christmas Comes Early with Lucky Christmas


Casino software studio with offices in India, Malta, and London NetGaming has launched Lucky Christmas, a new 5×3 slot with low volatility. The game has been released just in time for the upcoming holiday season, in an attempt to allow players passionate about the holidays to enjoy plenty of reel-spinning fun.

Enjoy the “Warm and Cozy Feeling”

The studio that creates attractive, highly-responsive casino games also offers top gaming solutions powered by an experienced crew obsessed with quality and creativity and quality. The same talented team has worked at designing Lucky Christmas, a slot meant to bring Christmas early to players’ homes this year. The developer wishes to offer a “warm and cozy feeling” with their “very traditional Christmas slot.” The game provides Free Spins that can carry players straight to Winter wonderland where they can grow their wins and keep enjoying even more features

The game is packed with Christmas-specific symbols representing stockings filled with holiday gifts, A, K, Q, and J symbols with a gingerbread design on them, the Santa Klaus symbol as the bonus symbol, Chritsmas gifts, Christmas tree decorations, Christmas snowballs, and Christmas wreaths. The overall design and background music create a cheerful holiday atmosphere. 

NetGaming’s Portfolio Is on the Rise 

At the end of August, the studio launched Juicy Gold 100, a re-imagination of the concept of classic slot games with a huge 100x multiplier accessible in the Free Spins game. Similar to other fresh releases, the game displays the provider’s effort to create captivating and fully immersive gameplay.

Dragon Fortress – Battle of the Castle is another title added by NetGaming to its rich portfolio this summer. The game is packed with excellent features and it manages to create the 80s nostalgia in Dragon Fortress – Battle of the Castle.

The company has also expressed its interest in the NFT world, launching Aped, the first Mutant Ape NFT slot in the industry. In June, NetGaming introduced its products to EnergyCasino by sealing a new partnership agreement with Pariplay’s Fusion Platform.

The studio’s portfolio features other highly distinguishable games including Skulls Gone Wild, 3 Wild Jokers, Skulls Gone Wild, Book of Africa, Queens of Africa, and Casino Punks. NetGaming’s essence is found in its proprietary technology, one-of-a-kind game engine and innovative approach to developing excellent games that players actually want to engage in.

 



Source link

Kero Gaming Surpasses Fundraising Goals

Kero Gaming Surpasses Fundraising Goals


Sports betting and customer engagement solution startup Kero Gaming announced that it had secured $2 million in extra capital from strategic investment company Happyhour.io. Kero plans to use the funds to bolster its signature sportsbook product and continue refining its vision.

Kero Offers a Modern Approach to Wagering

Founded in 2019, Kero Gaming has set out to develop an innovative, customer-oriented product focused on maximizing player entertainment. Their platform draws inspiration from casino games, employing a playstyle based on Tik-Tok’s reliance on instant gratification. Kero’s offering focuses on frequent, real-time micro bets engineered to capture individual moments of excitement through a game.

Kero Gaming founder and CEO Tomash Devenishek noted that the modern audience rarely had the time or patience to sort through spreadsheets and calculate odds, so the company’s solution focuses on engagement rather than risk. Devenishek expressed excitement that investors continued recognizing Kero’s innovative approach and promised to meet their expectations. Thanks to the new $2 million investment by HappyHour, his vision is one step closer to reality.

We were able to surpass our fundraising ambitions thanks to great strategic partners, all of whom add value beyond capital.

Tomash Devenishek, Kero Gaming founder and CEO

The company’s modern approach has managed to draw significant investor attention. Last month, Kero Gaming won the top prize at the SBC Summit Barcelona First Pitch. The judges recognized it as one of the most promising sports betting startups, boosting the brand with an award package worth over $49,000.

The Startup Must Meet High Expectations

Many high-profile investors have placed their trust in Kero’s ambitious vision. HappyHour CEO Robin Reed lauded the startup’s talented team, noting the company’s potential to transform the sportsbook market.

As a strategic investor…, HappyHour is looking forward to working with Tomash and his team to bring this technology to casual bettors around the world.

Robin Reed, HappyHour CEO

Yolo Investments and Acies Investments, two other companies supporting Kero’s progress, also reflected positively on the developer’s dedication to innovation, stating that they would help introduce its product to a global audience. Recognizing micro-betting’s potential to transform the sports betting market, the two investors predicted a new wave of sportsbook growth, hopefully with Kero at the forefront.

Kero has the vision and capability to radically transform how fans engage and participate in sports entertainment.

Edward King, Acies Investments co-founder

With such high expectations, Kero is under substantial pressure to perform well after releasing its sportsbook product. The company currently engages with teams across all US major leagues to power their free-to-play apps and bolster fan engagement, which should provide them with much-needed experience to refine its upcoming platform. With the most recent HappyHour funding round, Kero has sufficient capital to power its ambitions of spearheading the imminent sports betting revolution.



Source link

Flashscore Launched News Section to Keep Soccer Fans Informed

Flashscore Launched News Section to Keep Soccer Fans Informed


Popular live scores website Flashscore announced it has launched a brand new service seeking to keep soccer fans informed during the upcoming FIFA 2022 World Cup in Qatar.

Synergy of Content

Flashscore News, a brand new section on the website, will feature original content provided by its editorial staff, as well as articles from popular news agencies to make sure fans of soccer do not miss a single piece of information related to the World Cup matches.

Commenting on the launch, Alan Zaruba, director of content at Flashscore’s parent company Livesport, outlined that the plan for Flashscore News is to leverage game data and statistics and provide statistical analysis rich on visualizations.

In addition, the new section will feature multimedia content, opinions from team officials and sports fans, blogs by experts, live audio commentaries of all the matches, as well as “a video magazine at the end of each day providing a summary of the results and statistics,” to create a go-to virtual place for fans of the sport.

“The big advantage for us is that we can share news information, and interesting sports stories, in context with data across 14 different newsrooms with a proper global reach,” Zaruba continued, convinced that “sharing content between markets with different cultures, languages, and customs” creates a synergy that will prove to be a huge asset for the business and a great benefit to Flashscore users.

Previews, Analyses, Stats

The news section on the website will provide fans with an analytical preview of every match of the World Cup tournament to keep users informed about the key updates before kick-off.

Furthermore, there will be an analysis of each team and its chances to progress further in the tournament, while for those who prefer to have a historical overview of previous meetings between the two teams the section will provide detailed stats from Flashscore’s partner platform Stats Perform.

Flashscore will also allow those soccer fans who cannot watch the matches from the World Cup on TV to listen to Flashscore’s live audio commentary which will be available for every match of the tournament.

The launch of Flashscore News will further strengthen the position of the live scores service provider which attracts more than 100 million users every month providing them with the fastest and most reliable results and statistics.

The editorial staff and the team of professional commentators based in Flashscore’s offices in the UK are ready to walk the extra mile and make sure that fans do not miss a single detail from the World Cup.



Source link

Parimatch Tech Holds Panel on Ukrainian Perspective

Parimatch Tech Holds Panel on Ukrainian Perspective


The Web Summit held between November 1 and November 4 in Lisbon once again brought together the biggest names in the tech industry. Among them, Parimatch Tech, the global product company that provides marketing and technology solutions for the Patimatch brand and the entertainment industry. Among other activities, Parimatch Tech introduced the ”Growth and Development Despite the War” panel focused on the way businesses in Ukraine overcame the challenges of the war. Speakers were busy covering a series of important topics including the changes that were brought to the IT industry along with the overall business environment in the country during the war.

The same panel also raised the matter of fresh approaches and proposals for the time to come. Parimatch’s responsible gambling ambassador and world champion pro boxer Oleksandr Usyk, chief executive officer Nataliia Hilevych, and AWS’s principal solutions architect Vadym Voitiuk were just a few of the main speakers.  

The Wind of Change for Ukrainian Businesses 

Natalia Hilevych spoke about the need for trust and unity between Ukrainian businesses and the state, mentioning competing brands, companies, foundations, and sportsmen alike. She explained how people who were unable to reach a compromise for years were forced to come together in the context of the war. Natalia also emphasized that, if in the pre-war era, releasing a new product would normally take the company months, there are now plenty of scenarios in which an idea born in the morning finds a team to execute it in the afternoon and funding to support it in the evening, with an official release the following day.

Oleksandr Bornyakov added that the state is now a firm supporter of the IT field by attracting capital, partnering with Western companies, and allowing access to important events like the Web Summit for fundraising purposes. Now, numerous startups in the country are having a much easier time reaching the next financing stages needed for their growth. The government helps them by communicating with western partners, attracting capital, and allowing them to present themselves at events such as Web Summit to raise funds for future development. Nonetheless, Oleksandr added that the Ministry of Digital Transformation could provide more support to the IT industry.

Vadym Voitiuk spoke about the immediate expansion phenomenon involving domestic businesses that are “compelled to go outside” to bordering nations where their user base has moved because of the war. However, these customers are still eager to use their Ukrainian credit cards and spend money in Ukraine to show their support, with the geographical shift making little to no difference. While not all companies are expected to apply the business models, some of them might seek to expand in western and central parts of Europe. 

Evgen Belousov also spoke about the “aggressive business environment in Ukraine” that promotes a “competitive atmosphere” that forces businesses to constantly fight for their customers. This also causes them to provide better services. Belousov further added that the Western world could use Ukraine’s example when it comes to the balance it has found between cost, time, and quality of service. 

Ukraine Will Become an “Expert in Building Digital Government Services”

Oleksandr envisioned the country one or two decades from now as “part of the European family” and also an “expert in building digital government services.” He also projected that the Ministry of Technical Transformation would begin to share its experience with states like Poland, Estonia, Poland, and North American and African countries, given its current experience in refactoring and reengineering public services. 

Oleksandr added that, at the moment, “all Ukrainians are doing as much as possible and a little more,” aiming to “rebuild everything that the aggressor destroyed ten times more beautiful.”

At the beginning of the month, Parimatch announced it became the official betting partner for Team Secret. 



Source link

Golden Matrix Issued a Preliminary FY22 Revenue Estimate

Penn Entertainment Posts Strong Q3 Results


Developer of online gaming platforms, systems and gaming content Golden Matrix announced in a press release today its preliminary revenues for the fiscal year ending October 31, 2022.

Record Revenues Expected

Golden Matrix revealed that in the twelve months ending October 31, 2022, it has generated record revenues of more than $34 million. The expected revenue result represents an increase of 201% on the company’s previous fiscal year revenues of $11.3 million.

Brian Goodman, chief executive officer of Golden Matrix outlined that the expected record revenues were fueled by a 30% improvement in the company’s traditional business-to-business gaming segment which is currently boasting a portfolio of over 600 online casino brands and a combined user base of more than 6.8 million.

But the biggest contribution to the revenues in the latest fiscal year was the acquisition at the beginning of the fiscal year of the 80% controlling interest in Rkings, a business-to-consumer (B2C) platform tournament operator, an asset that did not contribute to Golden Matrix’s revenues in the fiscal year to October 31, 2021.

Golden Matrix outlined that currently, Rkings is boasting over 261,000 registered users on the platform, while also having a strong followership in social media – about 68,000 on Instagram and more than 376,000 on Facebook. The popular tournament platform awarded over $14.5 million in prizes, including luxury cars, jewelry and other luxury goods, in the twelve months to October 31, 2022.

Golden Matrix stated that its report for the fiscal year ended October 31, 2022, will be included in the company’s annual report and filed to the Securities and Exchange Commission (SEC) before January 15, 2023.

Nasdaq Listing, Strengthening in Asia-Pacific

The fiscal year ended October 31, 2022, saw another key development for the growth strategy of the leading provider of turnkey and white label gaming platforms, esports technology and gaming content, which went public and listed its common stock on the Nasdaq in a move that was hailed as a stepping stone on the company’s path to global expansion.

A month later, Golden Matrix launched GMX-Ag, a new B2B aggregate gaming system offering casino, sportsbook and live gaming content, and providing operators with seamless integration into their websites.

Golden Matrix partnered with eight iGaming operators to see its new aggregate system enter six regulated iGaming markets in a strategic and timely move that further strengthened the company’s presence in one of its traditional markets, the Asia-Pacific region.



Source link

Operator in Pennsylvania Fined $10K over Underage Gambling

Operator in Pennsylvania Fined $10K over Underage Gambling


The Pennsylvania Gaming Control Board (PGCB), the gambling regulator in the state, announced Wednesday a financial penalty was imposed against an operator that allowed a person under age 21 to gamble. Coinciding with the announcement of the fine, the regulator placed multiple individuals on an involuntary exclusion list from the state’s casinos after they were found leaving children unattended to gamble.

Operator Receives $10,000 Fine

The fine was presented by the PGCB’s Office of Enforcement Counsel (OEC) at a public meeting. It was issued against Greenwood Gaming and Entertainment, the operator of Parx Casino in Bucks County. The $10,000 fine comes after an incident identified an 18-year-old male was able to access Parx Casino’s gaming floor and gamble at a gaming table.

Currently, the gambling regulations in Pennsylvania prohibit individuals under 21 years of age to access casinos’ floors or gamble at casinos. Under the active regulations, casino operators are responsible for controlling the access of individuals to their gaming floors. This includes age verification to ensure visitors of the venue are old enough to access the casino floors and engage in gambling activities.

The $10,000 fine was levied after casino personnel permitted entry to an 18-year-old male onto the gaming floor who then gambled at a gaming table,

reads a statement released by the Pennsylvania Gaming Control Board

Multiple Individuals Added to Involuntary Exclusion List

In addition to the recent fine, the PGCB said it “acted on petitions by OEC to ban seven adults from all casinos in the Commonwealth for leaving a total of 13 children unattended in order to gamble.” The gambling regulator reiterated that leaving children unattended by adults in hotels, cars or parking garages is prohibited. What’s more, the PGCB pointed out that these types of incidents are subject to criminal prosecution and such individuals are involuntarily excluded from all gambling venues in the state. Overall, the Board added seven individuals to an involuntary exclusion list, five male and two female.

One incident is related to a male patron that left three children unattended in a vehicle in the Presque Isle Downs and Casino parking lot for 16 minutes. A separate incident involves a male that left his 13-year-old child unattended for more than 20 minutes in a car in the same parking lot as the previous case.

Two other males were involuntarily excluded after leaving two children unattended for 12 minutes at the parking garage of Harrah’s Philadelphia Casino and Racetrack. Another incident, according to the PGCB involves a male patron that left a 2-year-old child unattended for six minutes in a car at the parking lot of Valley Forge Casino Resort.

The PGCB said that one female was involuntarily excluded after leaving five children unattended at the food court of the Valley Forge Casino Resort for more than an hour. Last but not least, another female was involuntarily excluded from gambling after leaving a 15-year-old child unattended at a car in Harrah’s Philadelphia Casino and Racetrack parking garage for more than seven hours.



Source link

Tally Technology Inks Deal with Ambev

Tally Technology Inks Deal with Ambev


Provider of top-tier fan engagement solutions Tally Technology has inked a long-term partnership deal with AB InBev’s subsidiary Ambev. According to the agreement, Tally Technology will offer its prediction games to top-tier soccer clubs in Brazil Cruzeiro and Atlético Mineiro.

Over 4,000 New Subscribed Players After Successful Test Launch 

The new deal is the result of a successful test period during which the Brazilian brewing company efficiently used Tally Technology’s predictions game to engage with fans during the Minas Gerais state championship final played between Cruzeiro and Atlético. The test’s success convinced more than 4,000 players to register right after the game went live. 

This convinced Tally Technology to go ahead with the launch of a product that covered the matches played by both Brazilian clubs in June 2022. Ambev designed a bespoke brand and developed a landing page that allowed players to choose the games they would like to predict, using data collected from fans during the contests. The program also featured a special 30% discount for their first home delivery order for beer.

Tally Technology’s chief executive officer Brad Vettese spoke about Brazilian fans who are famous for their devotion to sports, further explaining the decision to seal the new deal with “a brand on the scale of Ambev” in an attempt to cater to the needs of a “large, highly committed, and energetic community.” Ambev and Tally Technology first started working together when the latter was selected as the winner of the Golaço Challenge for start-ups one year ago. Ever since, Ambev has continued to express its faith in Tally, continuously offering a one-of-a-kind fan engagement environment and a strong data tool for the years to come. Tally Technology is determined to add even more championships and clubs to its already impressive roster that includes the Los Angeles Rams, the Lakers, the Buffalo Bills, and Atlanta Hawks. 

Ambev’s Barbara Mundin explained that, as sponsors of top-tier sporting events in the country, the company is constantly searching for fresh ways of creating new relationships with the “hugely engaged, passionate fan communities” in the region. Noticing Tally Technology’s evolution after winning the Golaço Challenge and the success of their fan engagement platform, Ambev decided to deliver a predictions game that would be fun and easy to play for soccer aficionados. 

At the start of the month, Tally Technology welcomed Juli Ferre Nadal to its crew. With many years of professional soccer experience under his belt, Ferre Nadal will engage sports lovers with fresh prediction games. 



Source link

FDJ Reaches an Agreement for ZEturf Acquisition

FDJ Reaches an Agreement for ZEturf Acquisition


La Française des Jeux (FDJ), France’s national lottery operator, announced that it has reached an agreement with ZEturf Group, the second-largest horse racing operator in the country. This follows an announcement from two months ago when FDJ announced that it is eyeing an M&A deal with the racing specialist.

FDJ and ZEturf Group Reached an Agreement

In September, FDJ said that it has begun negotiations for the acquisition of ZEturf Group. The deal was in line with the former company’s ambitions to expand its presence by exploring other verticals, such as poker and horse racing. Two months later, it looks like the two parties have finally reached an agreement.

As announced by the French lottery giant today, it is set to acquire the horse racing operator in a $181 million deal. This means that FDJ will soon grow its range of products, expanding towards the racing sector. ZEturf, which was founded in 2001, currently has around 100 employees and annual revenue of several dozen million Euros. For example, in 2021, the company earned almost $51.6 million (current conversion rates).

Other than the agreed $181 million, FDJ may be also required to pay additional consideration depending on ZEturf’s performance in the following year. As announced in FDJ’s official release, the transaction will be accretive for the contribution margin of FDJ’s Sports Betting & Online Gaming BU from 2024.

The deal is expected to be finalized in the second half of 2023 and is subject to regulatory approval by the French Competition Authority.

FDJ Continues to Seek Expansion Opportunities

Emmanuel de Rohan-Chabot, ZEturf Group’s founder, spoke about the deal with FDJ. He said that the merger will “mark a new stage” of development for his team. He noted that the agreement will bring together the strengths of FDJ and ZEturf, which he believes will complement each other well.

De Rohan-Chabot added that this is a great opportunity for ZEturf’s workers to become a part of something bigger and demonstrate their abilities.

Stéphane Pallez, FDJ Group’s chair and chief executive, also commented on the acquisition. She said that she is delighted that her company reached an agreement with ZEturf Group, which she considers to be a leader in online horse racing wagering. Pallez noted that FDJ will continue its effort to cement itself as a gambling powerhouse in the French market.

With this transaction and the launch of our poker range, which together strengthen our growth prospects, FDJ is optimally positioned to become a major player in the French market for online games open to competition, while remaining true to our recreational, responsible and redistributive gaming model.

Stéphane Pallez, CEO, FDJ

A month ago, FDJ published its Q3 financial results, highlighting the company’s performance in the three months ended September 30.



Source link

Las Vegas Raiders vs Denver Broncos Week 11 Odds, Time, and Prediction

Las Vegas Raiders vs Jacksonville Jaguars Week 9 Odds, Time, and Prediction


Two AFC West foes meet for the second time in 2022. The first Las Vegas Raiders vs Denver Broncos game of the season ended 32-23 in the favor of the Nevadans. Can they beat them again, thus equaling their record? That is the question we’ll try to answer in this post.

Las Vegas Raiders vs Denver Broncos Week 11 Odds

Spread

Las Vegas Raiders +2.5 -104
Denver Broncos -2.5 -118

Moneyline

Las Vegas Raiders +126
Denver Broncos -148

Points

Over 41.5 Points -111
Under 41.5 Points -111

*Odds taken from bet365 on Thursday, November 17.

When, Where, and How to Watch?

  • Place: Empower Field at Mile High in Denver, Colorado
  • Date: Sunday, November 20, 2022
  • Time: 4:05 PM ET
  • How to Watch: FOX

The Raiders Stars Need to Start Shining

The Las Vegas Raiders are one of the most disappointing teams in the NFL this season. After capturing the signature of wide receiver Davante Adams in the offseason, fans were expecting them to cruise to the playoffs. However, 10 weeks into the 2022 NFL season, the Raiders are 2-7.

Their chances of making the playoffs dropped to 1%, following last week’s home loss to the Indianapolis Colts. The final score was 25-20 for the visitors, even though the team from Nevada had a lead at one point in the final quarter.

Their offense did a decent job that day, with quarterback Derek Carr going 24 for 38 for 248 passing yards and two touchdowns. One of those TD throws was caught by Davante Adams, who also added 129 receiving yards to his team’s tally.

The Raiders defense, on the other hand, was horrendous against the Colts. For instance, we saw them failing to do anything to stop Jonathan Taylor’s 66-yard TD run. Their passing defense also failed to stop Parris Campbell from catching a 35-yard throw.

The Broncos Aren’t Much Better Either

Unlike the Raiders whose defense is to blame for most of their losses, the Broncos fans need to be upset with the offensive team. With 14.6 points per game, they have the least productive offense in the entire league.

Ranking 32nd wouldn’t be such a shock if they didn’t have Russell Wilson in the QB position. The man who’s going to earn almost $300 million during his stay in Denver, has been nothing short of disappointing in 2022.

With him as the quarterback, the Broncos scored more than 20 points per game only once this season. It happened three weeks ago when they defeated the Jacksonville Jaguars 21-17 in a London game. What’s important to note is that Wilson was responsible for only one of the TDs Denver scored in that game – the other two were rushing touchdowns.

Las Vegas Raiders vs Denver Broncos Prediction

Despite their disappointing record in 2022, the Raiders do have a decent roster. This goes especially for their offensive team. That said, we expect them to do well enough on Sunday to beat their AFC West rivals.

Picks: Las Vegas Raiders to win; under



Source link

Tag

Random Posts