Press Releases
UK betting technology supplier 20SHOTS accelerate funding with £400,000 raise at £5m valuation
-
20SHOTS have geared up for the new football season in the UK by securing additional investment in a second funding round, including securing the backing of US VC Animal Capital
-
New season will see new product rollout for popular Fantasy5 free-to-play fantasy football game, covering Champions League, Europa League and other European top flights
-
Current growth trajectory sees Fantasy5 on course to recruit half a million players this season
20SHOTS, the UK technology supplier behind fast-growing free-to-play fantasy football game Fantasy5, have secured an additional £400,000 of investment at a £5 million valuation, with backers including Gen-Z focused US Venture Capital fund Animal Capital.
The American fund that counts social media stars Josh Richards, Griffin Johnson and Noah Beck focus on products that reach a new generation of customers. They have invested an undisclosed sum in 20SHOTS for the new football season, which will see the platform roll out its largest range of products added to its Fantasy5 game to date.
Fantasy5’s Premier League product, which uses a unique points system developed in-house based on fantasy football, offers cash prizes to winners who can successfully predict how well players will perform per gameweek.
Using their own risk management system and algorithmic trading software, the company will now look to supplement this with additional games covering the Champions League, Europa League and other top European leagues.
The roll out of additional leagues coupled with Fantasy5’s existing growth – bolstered last season by the recruitment of BoyleSports as its first tier one UK & Ireland bookmaker partner – keeps the game on course to break the 500,000 player mark.
Prizes for the additional leagues will remain at the standard £10,000 mark, as offered to Premier League players, and offer partners an increase in engagement and retention. 83% of players who played in the last four rounds last season have made an entry in the first two weeks. The investment in Fantasy5 also comes in advance of the Government’s highly-anticipated White Paper review of the gambling industry, which is likely to see traditional marketing practices come under scrutiny, creating additional need for operators to engage customers beyond traditional channels.
Jacob Kalms, co-founder and CEO of 20SHOTS said: “We’re pleased to welcome Animal Capital as investors as part of our most recent founding round which has raised £400,000 in capital.
“As demand grows in the ultra-competitive free-to-play space, we’re investing in our ability to quickly and seamlessly roll out products and games on a white label basis for a number of different partners across multiple divisions and competitions – with the ultimate objective of using the technology seamlessly across the most popular sports worldwide.
“Our growth model forecasts we will break the half a million player mark this season, with our scaling driving down the cost of acquisition for partners whilst maintaining our engagement, dwell and retention rates considerably above industry averages.”
He added: “Operators should also be considering how free-to-play and softer marketing funnels like those offered by games like Fantasy5 will help them navigate any changes thrust upon them by the upcoming gambling review. Whilst our audience is ultimately commercially valuable to any operator or affiliate, Fantasy5 remains a sustainable way to build a loyal audience over time.”
Marshall Sandman, Managing Partner of Animal Capital said: “In a crowded market of fantasy, free to play, and pay-to-play sports betting, 20SHOTS distinguishes itself with a best in class team and direction that has allowed the product to stand out distinctly and early.
“Their flagship game Fantasy5 is an early hit, their B2B relationships are uniquely positioned to make this an exciting asset and their ability to resonate and be sticky with a younger audience are all reasons why we were excited to be on the journey.
“Jacob the CEO and his team have conviction and direction, and they will continue to prove why they deserve to be big fish in this pond!”
Powered by WPeMatico
At the highly anticipated BEGE Expo 2024, EGT Digital will highlight its diverse portfolio of top-performing products and exciting innovations. Visitors can explore these offerings at booth 4.0 alongside the latest advancements from EGT.
The company’s extensive gaming solutions include popular instant games and its bestsellers Bell Link, Clover Chance, High Cash, and Single Progressive Jackpot, featuring over 120 in-house developed slots. Attendees can experience renowned titles like Burning Goals, Amazons’ Battle, and Sugar Duke, as well as the upcoming 5×6 Fruity Shots. This cocktail-themed game includes multipliers ranging from x2 to x500 and introduces Toppling Reels for enhanced win opportunities.
EGT Digital’s “all-in-one” betting platform X-Nave will also be on display with its four modular solutions: Sport Product, Gaming Aggregator, CRM Engine, and Payment Gateway.
The Sport Product will debut its Customizable Tournament Page, designed to ensure effortless navigation and a personalized betting experience.
The Gaming Aggregator, offering over 12,000 titles, will present features like the Buy Bonus, Hot and Cold games category with live RTP insights, and tools for personalized content such as the Recommendation Engine and Casino as Widget.
The CRM Engine will showcase advanced player segmentation and AI/ML-driven tools for tailored game suggestions.
The Payment Gateway will emphasize its secure, player-focused design with options like deposit repeat, bonus selection, and two-factor authentication.
“We are delighted to participate in BEGE Expo once again,” commented Tsvetomira Drumeva, Head of Sales at EGT Digital. “During this 15th edition we will showcase a solid dose of innovations, sure to impress clients and partners in the region. We are also looking forward to the BEGE Awards, where EGT Digital is a finalist in numerous categories.”
EGT Digital’s commitment to innovation and excellence continues to position the company among the leaders in the iGaming industry.
The post EGT Digital to showcase innovations at BEGE Expo 2024 appeared first on European Gaming Industry News.
Popular iGaming content provider BGaming has discovered a brand-new moon where Christmas-loving spiders are ready to party. Wild Moon Thieves X-Mas Edition is a charming seasonal slot which features a whole host of special symbols, including Collector, Booster and Cleaner symbols, two Bonus games and an inviting mini-game.
With the lunar glow shining over the 5×4 game field, friendly Wild Moon spiders come out to unleash mischief on the reels, delivering a delightful bundle of festive treats. Donning their party hats, smiling arachnids can appear in the form of Scatter symbols, with three of their symbols on reels 1, 3 and 5 triggering three Free Spins.
The endearing mini-game starts before the Free Spins Bonus game. Players are faced with 16 closed doors and can click each one, or use the Autoselect function, to reveal the number of Wild symbols that will appear in the Free Spins round. Doors are opened until a Collector symbol appears, adding up the Multipliers.
During the Free Spins round, spiders randomly replace the regular symbols with cobweb Wilds. The Wilds then complete any winning combination before the next spin starts.
To trigger the second Bonus game, Moon Respin, two iced gem Bonus symbols must land on reels 2 to 4. This Hold and Win game offers three starting respins and features special symbols, such as sticky Moon Multipliers with values of up to x100, a Collector, Booster and Cleaner. Respins can be retriggered if any of these symbols land on the reels. The more Moon symbols drop in this medium volatility slot, the higher the total win. This game ends when all the cells are filled or the respins run out. All dropped Multipliers are then summed up and applied to the bet.
The rocket Booster adds a random value to the Multipliers on the reels, while the Cleaner captures all Multipliers and then turns into a Moon symbol to display the sum of the Multipliers, erasing the other Moons.
Wild Moon Thieves X-Mas Edition offers attractive rewards, with the default max win of €250,000 and 97% RTP.
Alex Baliukonis, Game Designers Team Lead at BGaming, said: “As the holiday season approaches, we are excited to transport players to our magical winter wonderland set on the glistening Wild Moon. In Wild Moon Thieves X-mas Edition, we have not one but two Bonus games for players to revel in, resulting in an unforgettable gameplay variety.
“With our unique mini-game adding a new layer of anticipation and welcoming a cast of adorable spiders to take the game in different directions, we expect this slot to engage players well beyond the month’s festivities.”
The post BGaming celebrates the season of goodwill in Wild Moon Thieves X-Mas Edition appeared first on European Gaming Industry News.
Playson, the fast-growing digital entertainment supplier, has revealed its latest partnership with industry-renowned operator OlyBet to elevate the gaming experience of the operator’s Spanish players.
Forming part of the Olympic Entertainment Group, OlyBet is a leading online and land-based casino and sportsbook brand operating across Europe, with more than 150 casinos, 100 sports bars and a chain of five-star hotels.
The agreement sees Playson support OlyBet’s ongoing growth in Spain, with a host of the studio’s top performing titles including the in-demand Hold and Win portfolio, now available on its website. Titles such as Energy Coins: Hold and Win, Pink Joker: Hold and Win and Thunder Coins: Hold and Win will enable players to enjoy a fully immersive gaming experience and expand the operator’s premium slot offering.
The collaboration is testament to Playson’s ongoing commitment to expanding its global footprint and cementing its position as the go-to provider for operators in leading regulated markets.
Cristhian Zito, Sales Manager at Playson, said: “Our partnership with OlyBet represents a strategic alignment in our shared vision of delivering inspired gaming experiences for regulated markets worldwide.
“With OlyBet’s impressive foothold in Spain and Playson’s reputation for delivering creative and engaging games, we are set to offer even more value to players with an enriched gaming portfolio.”
Andrés Torresan, the Online Casino Manager at OlyBet said: “Through this collaboration with Playson, we have reinforced our commitment to innovation in gaming and the expansion of premium slot content to key markets.
“OlyBet customers will now be able to enjoy access to a diverse selection of captivating Playson slot experiences, elevating gameplay across OlyBet’s platforms.”
The post Playson doubles down on Spanish expansion with OlyBet partnership appeared first on European Gaming Industry News.
-
Asia7 days agoMacau Foresees Gaming Revenue Growth to $30 Billion by 2025
-
Balkans7 days ago
Amusnet Powers BEGExpo’s 15th Edition with its Latest iGaming and Land-based Products
-
Cassiano Pereira Junior6 days ago
GLI Becomes First Laboratory to be Accredited in Maranhão, Brazil
-
Bingo Casino6 days ago
Betano Receives Licence to Operate in Colombia
-
BGaming5 days ago
BGaming pens Brazilian multi-brand agreement with Cometa Gaming
-
Brazil Interactive6 days ago
INSPIRED APPOINTS SEBASTIAN NOGUES AS HEAD OF BUSINESS DEVELOPMENT – BRAZIL INTERACTIVE
-
Latest News7 days ago
BOS presents initiative against money laundering
-
Condor Link6 days agoIGT Delivers Wide-Area Progressive Content to Colombia with Condor Link Game
