Archives 2024

Soft2Bet Strengthens Its Presence In Greece With New B2B License

by admin Games News

On August 1st, Soft2Bet, a flagship iGaming supplier based in Malta, revealed that it has officially received a B2B (A1) license in Greece that will last for the next 7 years. In addition, this comes on the heels of the company’s recent purchase of a Greek B2C license and represents an important step in Soft2Bet’s progressive extension and devotion to offer exceptional gaming experiences to players in European regulated markets.

New B2B (A1) license:Venir de Tragamonedas Gratis Online

The aforementioned A1 license allows the provider to offer its wagering platform and gaming platform services as well as games to licensed Greek B2C operators in the digital gaming ecosystem in Greece. In addition, by securing this new license, the firm demonstrates that it adheres to global regulatory standards and is capable of operating in correspondence with legal parameters. But that’s not all; as it also shows commitment to set up its business in the Greek market for the long term and shows the firm’s plan to provide top-notch services to local players.

In this regard, when commenting on the new license, David Yatom, General Counsel of Soft2Bet, said: “Obtaining this license was a collaborative endeavor. Our interaction with the HGC exemplifies the best of partnerships. This license is another testament to Soft2Bet’s commitment to expand to further markets and ensuring our continued growth. It represents a significant milestone in a series of remarkable achievements Soft2Bet has accomplished in recent months.”

As Soft2Bet continues to focus on strengthening it position as a flagship player in the industry, the firm stays committed to improving its technology service offering.

About:

Founded in 2016 and situated in Malta, Soft2Bet is an international iGaming operator with further offices in Cyprus and Bulgaria. The core area for the company is white label and other similar content aggregator services, for which it has received many awards. The company offers a variety of solutions, from turnkey and white-label to different degrees of integration.Venir de Tragamonedas Gratis Online

The games can be divided into two platforms: the casino and sports betting. The company doesn’t produce any games of its own in either case. Instead, they offer an extensive list of games from their countless partners. Here are a few highlights of what is currently available for interested online casinos:

  • Over 400 live tables of all sorts.
  • 120 different game providers
  • 400 progressive jackpots
  • Over 8500 other casino games
  • 250 table games
  • 60 sports with hundreds of thousands of events
  • E-sports and Virtual sports

Gamification is one of the main driving purposes of the platform.

Pennsylvania chalks up impressive April sportsbetting performance

by admin Games News

Online and retail sportsbooks in the eastern American state of Pennsylvania reportedly recorded a boost of over 19% year-on-year in aggregated handle for April to slightly beyond $572.1 million despite a reduction in major sporting tournament action.

According to a Tuesday report from the online news domain at PlayPennsylvania.com citing official information from the Pennsylvania Gaming Control Board, such operations also booked a rise of 36% year-on-year in aggregated gross revenues to $49.1 million and paid a combined $12.1 million in state and local taxes.Venir de Tragamonedas Gratis Online

Holistic harbinger:

However, the source detailed that the April sportsbetting handle figure for Pennsylvania represented a decline of about 20% from the $715 million the state chalked up for March and equated to the lowest volume since online and retail sportsbooks in ‘The Keystone State’ recorded just $348.5 million in August of 2021. Katie Kohler from PlayPennsylvania.com reportedly explained that this performance came as only the National Basketball Association (NBA) and National Hockey League (NHL) are involved in post-season action.Venir de Tragamonedas Gratis Online

Reportedly read a statement from Kohler…

“Without football or a major sportsbetting holiday like the opening rounds of the NCAA tournament, sportsbooks inevitably lose steam through the summer. If there is a concern for the industry, though, it’s that troubles in the greater economy will push customers to slow their spending. It’s something every business has to watch closely over the next few months especially for online casinos and sportsbooks that have known nothing but growth.”

Distinct dominance:

For his part and Dustin Gouker from PlayPennsylvania.com reportedly disclosed that online sportsbooks in Pennsylvania attracted $536.1 million in April wagers, which represented 93.6% of the state’s monthly total. The expert purportedly furthermore noted that the mobile-friendly service from FanDuel Group topped this market with handle of $226.6 million and $28.4 million in gross revenues while DraftKings Incorporated took down second spot with figures of $119.1 million and $5.3 million respectively.

PlayPennsylvania.com reported that the BetMGM online sportsbook attracted $65.9 million in Pennsylvania handle last month for $4.7 million in associated gross revenues while the Barstool Sports-branded advance from Penn National Gaming Incorporated occupied fourth place with receipts of $38.2 million and $3.6 million in revenues.

Philly preeminence:

Regarding land-based sportsbetting and PlayPennsylvania.com reported that the statewide handle total hit $36.7 million in April to produce $3 million in gross revenues. Suburban Philadelphia’s giant Parx Casino facility from operator Greenwood Gaming and Entertainment Incorporated purportedly finished top of this sector with $5.7 million in wagers.

Gouker reportedly stated…

“The NBA Playoffs, the ‘Final Four’ and the first month of baseball gave just enough inventory with general interest to keep bettors engaged in April but sportsbooks won’t be so lucky going forward with the Penguins and Sixers eliminated and the Pirates and Phillies off to slow starts.”

Take-Two Interactive to purchase mobile gaming company Zynga for $12.7bn

by admin Games News

With a mixture of cash and stock, Take-Two Interactive has plans to purchase Zynga, a top-rated mobile gaming company, for $12.7 billion. The company announced yesterday that it will pay $9.86 per piece for outstanding shares of Zynga, which is more than 60% premium of the closing price of the company last weekCome from lodislot777. In trading yesterday, the stock of Zynga boosted over 40% due to the deal.

Details of the Transaction

Shareholders of Zynga are set to earn $3.50 in cash and $6.36 in stock of Take-Two for each outstanding share of Zynga at the time of closing. The deal must complete shareholder approval as well as meet regulatory requirements before it will close. A date of June 30, 2022, has been set for the deal to be completed.

Speaking to Squawk on the Street of CNBC, CEO of Take-Two Strauss Zelnick said that the company has been busy trying to build a business over an extended period.

“We’ve paid attention to creating value for our players, for our colleagues, and for our shareholders, and that’s worked out over a very long period of time.”

According to Take-Two, there is now an implied enterprise value for Zynga at $12.7 billion. According to CNBA, the equity of Zynga puts the number closer to the $11 million range. The value could change based on the stock price of Take-Two.

The company plans to fund the deal partially with assistance from JPMorgan. As much as $2.7 billion will be provided by the brand. The remaining sum will come from balance sheet cash and new debt issuance proceeds.

Getting to Know Zynga

The Zynga brand is a gaming company best known for the FarmVille series played via social media site Facebook. In the past, the app developer was the most successful on the social media network due to its gaming options.

Since developing the FarmVille app, Zynga moved on to offer even more, shifting its focus to mobile gamingCome from shubbet. The goal was to capitalize on the growing market involving smartphone devices. The company was able to see growth last year due to COVID-19 and stay-at-home restrictions, it’s share price had fallen considerably by almost 40%.

For Take-Two, the company has seen major growth within its mobile business, and this includes taking on existing brands and turning them into franchises. It is expected that the company will be able to do well with Zynga and work with existing gaming options as well as new additions in the future.

Stakelogic Live and BetVictor Cooperation for UK Market

by admin Games News

Stakelogic Live, the live division of the Malta-based Stakelogic company, has signed a fruitful content distribution deal with Gibraltar’s renowned sports betting and online casino operator, BetVictor.

Strengthening its presence in the UK:

With this partnership, Stakelogic Live hopes to solidify its position in the UK market and introduce its most celebrated suite of table games to a brand-new audience.

Examples of such games that will be hosted by BetVictor are blackjack, roulette, gameshows and many more.

Stakelogic Live is at the pinnacle of live dealer action, with its games created to provide an extraordinary, interesting and memorable experience for players who feel like real VIPs from start to finish of their chosen game.

Every game is streamed from Stakelogic Live’s innovative studio in Birkirkara, Malta, where modern cameras and microphones are combined with powerful streaming technologies to provide the best video stream in regulated markets worldwide.

The tables are set against an elegant and outstanding background that transports players from a VIP room in a Las Vegas casino to an industrial warehouse. The games also involve a selection of upgrades and the latest features to ensure players are constantly entertained.

This involves Super Stake, Stakelogic‘s leading featureCome from Lodigame777. It provides players with the opportunity to double their bet to grow their chances of activating a special bonus round and creating big winning combinations.

However, the quality of a live casino game shows in the way the dealer operates the table. Stakelogic Live dealers are trained to provide BetVictor players an unforgettable experience, where only they matter at all times.

Commenting on the partnership, Danila Dzehs, Sales Manager at Stakelogic Live, said: “BetVictor is a tier one brand that has a large and loyal player base in the UK. We are thrilled to be able to provide its players with a live dealer experience like no other – one that will allow BetVictor to stand out from its rivals.

Our live games set the standard for others to follow and it’s great to see BetVictor’s players having the opportunity to enjoy the thrills and experience of our next-generation Live Casino content.”

Enhancing the live-games portfolio:Come from 291bet

On the other hand, with this partnership, BetVictor will also solidify its presence throughout the UK by enhancing its portfolio of live titles and ensuring that the company is untouchable in this category, with the player experience at the highest level and their continued satisfaction.

Johanna Barsi, Head of Live Casino at BetVictor, added: “Live Casino is a significant vertical in its own right and we go to great lengths to ensure our portfolio of live titles is a cut above the rest in the UK market.

The addition of Stakelogic Live further strengthens our position as the go-to destination for players seeking a thrilling live experience, and we look forward to seeing players sit down at Stakelogic Live’s tables and be made to feel like true VIPs.”

Trio of United Kingdom charities calling for an end to greyhound racing

by admin Games News

In the United Kingdom and the Royal Society for the Prevention of Cruelty to Animals (RSPCA) has joined with its compatriot Blue Cross and Dogs Trust charities so as to call for a phased end to domestic greyhound racing.

The trio used an official Wednesday press release to detail that they have been working with the nation’s commercial greyhound racing industry for many years as part of the Greyhound Forum in order to help improve conditions for the animals involved in the sport. The three stated that this effort ‘has led to some improvements’ although there remain issues that ‘have not been resolved and cannot be resolved.’

Definitive deadline:

As such and the RSPCA, Dogs Trust and Blue Cross charities declared that they have now joined forces in hopes of bringing about ‘an end to greyhound racing’ so as to stop the unnecessary and preventable deaths of ‘hundreds of dogs every year’. The groups asserted that such a target could be conclusively realized within five years with the industry and animal groups using the intervening period ‘to carefully plan and coordinate the care of the many dogs affected.’

Multiple misgivings:

Chris Sherwood (pictured) serves as the Chief Executive for the RSPCA and he used the press release to pronounce that the three organizations recently conducted a cooperative review into the United Kingdom’s greyhound racing industry that ‘highlighted serious concerns at every stage’ including welfare issues surrounding the kennelling and transportation of dogs. The experienced figure moreover noted that additional worries involved the keeping of animals ‘in poor and barren conditions with little if any enrichment’ alongside their often ‘poor diets’ and the prevalence of severe race injuries.

Supplemental suffering:

The RSPCA went on to proclaim that the trio are furthermore worried by ‘issues around the racing of greyhounds in extreme weather’ as well as the number of puppies that may be regularly killed as part of the industry’s controversial ‘wastage’ policy. The charity affirmed that its investigation also uncovered ‘disjointed and ineffective regulation within the sector’, a lack of transparency regarding best practices and other issues surrounding ‘the enforcement of regulatory standards.’

Read a statement from Sherwood…

“It’s shocking that more than one dog a day is dying due to racing, which our review has determined is inherently unsafe and compromises their welfare at almost every stage of their lives; it simply isn’t acceptable. We feel that now, moving forwards, the only way we can secure good lives for these dogs is to call for the sport to be phased out and we want to see greyhound racing consigned to the past.”

Financial famine:

The RSPCA declared that itself and the Blue Cross and Dogs Trust charities believe the growing inability of the nation’s greyhound racing industry to secure ‘a sustainable and consistent source of income’ has negatively impacted the chances of ‘any meaningful change for the dogs involved’. Nevertheless, it finished by asserting that the sector would need to undergo ‘a complete overhaul’ even if this cash was forthcoming to ‘ensure it is compatible with good welfare.’

Yggdrasil releases new pirate-themed video slot from YG Masters partner G.Games- Dead Man’s Fingers

by admin Games News

Yggdrasil has released the latest slot title from independent developer and YG Masters partner G.Games, with Dead Man’s Fingers ushering players to a Caribbean island in search of secret treasures and a max win of €274,000! Helping them along the way are possible big base game wins, powerful bonus boosts and four jackpot pools.

Playable on any device, the medium-high volatility video slot is played using 5 reels, 4 rows and 25 paylines. The game includes 10 pirate ship symbols and rewards players when they land combinations of 3-5 matching symbols for regular icons, which are the orange, purple, green and blue gems, and orange, grey, red, green and bronze skull coins, and 3-6 for the highest value Pirate symbol.

Game features:

Wins range from 0.28x to 32x for winning combination of regular symbols and  2.8x to 80x for all six of the premium pirate symbol. The remaining regular symbol, the red octopus wild, lands on reels 2, 3, or 4 and substitutes for all symbols with the exception of the Cash Collect symbol or the Quickhit Money symbols, which display either a cash value or one of the Mini, Minor, Major, or Grand prizes.

The cash collect feature happens during base game play, when treasure chests land on the reels with a cash value, ranging from 1x to 20x the bet, or one of the four jackpots, with larger prizes worth 50x, 100x, 200x, or 1,000x the bet for mini, minor, major or grand, respectively.

If Quickhit Money symbols land on reels 1 to 4 at the same time as a Collect symbol does on reel 5, players win the total of all money symbols in view. The wild octopus is active during base play, while a trio of Golden Compass Scatter symbols, which can only land on reels 2, 3 & 4, award players 10 extra spins.

During extra spins, there are more cash money symbols and collect icons available, increasing the chance for even more wins. Hitting three scatters during the bonus round prolongs it with another 10 spins, with no limit to the number of retriggers.

What they’re saying:

Commenting on the new hit title, Stuart McCarthy, Head of Product and Programs for Yggdrasil, said the fourth game created by G.Games as part of the YG Masters program “sees players take to the sees in search of big wins.”

“Combining a fun theme and lucrative money collect feature in both base play and free spins, it offers a new dynamic to the existing G.Games portfolio.”

For its part, G.Games Chief Commercial Officer, Helen Walter, declared “Dead Man’s Fingers is an exciting new addition to our offering and we’re eager to see how fans react across Yggdrasil’s operator network. With big wins available on every spin through the money collect feature, as well as a retriggerable free spins, treasure can’t be far away for our fearsome pirates!”

Fourth in series:

The fourth back-to-back contribution from the London-headquartered games studio to the YG Masters portfolio, the pirate-themed slot follows, Cthulhu, which was launched in December 2021, Serendipity, released a month prior, and finally, Tiger Tiger, the first of the four GATI-powered games from G.Games as a Masters partner.

GATI is Yggdrasil’s advanced,  language agnostic, preconfigured, regulation-ready development toolkit that enables partners to build and deploy faster globally and fuels both YG Franchise and the YG Masters program.

Players can expect Yggdrasil to drop the latest version of developer Games Lab’s trademarked Towering Pays system, titled Towering Pays Excalibur, on February 3rd.