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Week 41/2023 slot games releases
Here are this weeks latest slots releases compiled by European Gaming
Yggdrasil and Jelly are set to light the reels aflame in their newest collaboration, Burning Blox GigaBlox The latest slot by Jelly to utilise Yggdrasil’s iconic Game Engagement Mechanic (GEM) sees a 6×4 grid filled with classic fruit symbols, diamonds and bars while supersized symbols are guaranteed to land on every spin, up to 4×4 in size.
MGA Games, reveals its latest instalment: La Waikiki Goddess. A game that immerses players in the breath-taking beauty of a paradise island, where the goddess of the waves leads them to amazing prizes. Turtles, sharks, and tropical parrots are among the themed symbols found on the island of beautiful white sandy beaches and crystal-clear waters in Waikiki Goddess. Among the lush vegetation, players spin the 5 reels for fabulous prizes.
Push Gaming mixes a hugely popular theme with an array of intuitive features in its latest release Fish ‘n’ Nudge. The 5×4 reels of this fishing-themed title are filled with symbols in keeping with its aesthetic such as rods, reels and lures. These are joined by a wild fisherman that helps players create wins on up to 20 winning ways by substituting for all base game symbols.
Only the pluckiest players should knock at the Lord of Darkness’ door in search of fantastic cash prizes hidden among the vampire castle’s cobwebs in REEVO’s Halloween release, Dracula’s Bloody Reels. Feel the adrenaline rushing through your veins as you explore Dracula’s domain in search of blood-soaked features and huge wins, but beware, many dangers lay ahead with the undead hungry to taste the living! Dracula’s Bloody Reels is a 5×3 reel, 25-payline slot set in Vlad the Impaler’s country, shrouded in fog and among a graveyard of lost souls.
WinSpirit Casino has announced the release of Buffalo Spirit, a branded online slot created through a collaboration between the gambling platform and slot creator GameBeat. Buffalo Spirit was built based on Buffalo Trail, one of GameBeat’s most popular slots, and features similar game mechanics. The game is set against the backdrop of snowy mountains on a 6×4 reel grid.
Wizard Games is tasking players with finding the frozen treasures in its latest slot, Mammoth Mayhem. Set in a stunning icy tundra, the title features a unique 3, 3, 3, 6, 6 reel layout with animals such as wolves, bears and high-paying mammoths landing on each spin. These symbols must make a winning combination across 972 winning ways to award a prize.
Escape Palace is an eerie online slot game developed by the team Racjin and Golden Hero, released on 11 October. With its captivating gameplay and immersive graphics, this game is sure to keep players spellbound for hours. Featuring a low to medium volatility and an impressive RTP of 96.53%, Escape Palace offers players the chance to embark on an exhilarating adventure across the online slot game’s 5 reels and 30 paylines.
Play’n GO brings players back in time to the land of titans in this thrilling sequel, Raging Rex 3. This online slot is packed with exciting features and opportunities for some great rewards. The Cretaceous period is a time of great change. The emergence of mountains, the spreading of gigantic forests, and the evolution of some of history’s most iconic dinosaurs are just some of these major events. The chaos of this time is reflected in Raging Rex 3 across the 6×4 reels, as players strive to create winning combinations and earn some roarsome rewards.
3 Oaks Gaming, an established distributor of iGaming content, has released 777 Coins: Hold and Win – a classic charm-filled title exhibiting sleek, modern twists such as the unique Grand Prize. In this 3×3 slot, players will be instantly familiar with 777 Coins’ slick gameplay and eye-catching graphics whilst uncovering new and distinct modifiers, including the Grand Prize, which is activated when three Collect Symbols are followed by the Grand Jackpot symbol during the Bonus Game, awarding a max win of 6,000x their stake.
Blueprint Gaming’s heritage in creating the industry’s most popular fishing games drives its latest slot Big Catch Bass Fishing Megaways where fishermen hold the key to the biggest wins in the newest creation of the series. The addition of Megaways takes the already engaging gameplay to the next level with up to 15,625 ways to win and symbols galore. Moving from the ocean to a more tranquil lake in its latest aquatic adventure, the game’s familiar background colours adorn the board as players cast their reels on a variety of features.
Yggdrasil has introduced Vampire Riches, its latest DoubleMax title, packed with rewarding multipliers and spooky high paying symbols featuring the undead. Set in New York on a Blood Moon night, the game sees winning symbols removed after every win and an extra wild added for increased win potential. With Yggdrasil’s popular DoubleMax mechanic, every consecutive win doubles the multiplier with no maximum limit, offering up to 25,000x the bet.
Armadillo Studios announces the official release of its latest slot title: Joker Classic. This timeless 5×3 slot immerses players with a diverse number of coloured gems that have substantial payout potential, a wild joker symbol that further amplifies wins by up to x1000 and many more fun mechanics. Triggering stacked wilds causes all wild symbols to stack together, creating the thrilling possibility of entire rows filled with wilds and boosting wins even further.
BGaming is recruiting an army of monster hunters to slay fearsome ghouls this Halloween. Set against the backdrop of a haunted mansion and graveyard, courageous players embark on a search for an Ancient Vampire and cast of fearsome ghouls. As the reels spin to an eerie soundtrack, winning symbols are connected by a stream of bright-red blood. BGaming’s commitment to creativity is on display in the colourful Monster Hunt release with engaging seasonal features, such as the Horror Respin feature, which can lead to out-of-this-world Horror Jackpots. The Horror Jackpots include Mini (x20), Mega (x100), and Grand (x1,000) Jackpots.
Mythological wins await players in new release Rise of Triton™. Hold and Win, generous Free Spins, Wilds, Scatters and a unique Buy Bonus give multiple ways to win as well as immersive play in a stunning underwater adventure from industry leading Betsoft Gaming. Creating a brooding atmosphere from the start, the blue hued background of the underwater palace darkens as the reels illuminate with each spin. Triton, the half mer/half man son of Poseidon, shows his god-like powers and ripped physique as he stands guard over the grid.
BF Games is combining fiery action with the luck of the Irish in pursuit of hidden treasure with its latest release, Burning Slots 100. The familiarity of previous instalments in the fruit-themed slot title is given a huge boost with 100 different pay lines that add to a host of other exciting features. Traditional fruit symbols are joined by Lucky Horseshoe Scatters, positioned on reels one, three, and five to deliver winning combinations to players and set reels ablaze.
Stretch Network is thrilled to announce a crazy opportunity to engage and reactivate small- and medium-stakes poker players with the launch of our latest tournament.
Tournament Details:
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Re-entry: €1
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Date: November 24, 2024
Table Format: 8-max
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The post Stretch Network Crazy Promotion appeared first on European Gaming Industry News.
Bragg
Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)
Bragg Gaming Group, a global B2B content-driven iGaming technology provider, reported record revenue for the third quarter of 2024.
Summary of 3Q24 Financial and Operational Highlights
| Euros (millions)(1) | 3Q24 | 3Q23 | Change |
| Revenue | € 26.2 | € 22.6 | 15.9 % |
| Gross profit | € 14.0 | € 11.9 | 18.1 % |
| Gross profit margin | 53.5 % | 52.5 % | 99 bps |
| Adjusted EBITDA(2) | € 4.1 | € 3.8 | 7.1 % |
| Adjusted EBITDA margin | 15.6 % | 16.9 % | (129) bps |
| Operating Income (Loss) | € (0.4) | € (2.1) | (81.0) % |
(1) Bragg’s reporting currency is Euros. The exchange rate provided is EUR 1.00 = USD 1.12. Due to fluctuating currency exchange rates, this reference rate is provided for convenience only.
(2) “Adjusted EBITDA” is a non-IFRS measure. For important information on the Company’s non-IFRS measures, see “Non-IFRS Financial Measures” below.
Chief Executive Officer Commentary
Matevž Mazij, Chief Executive Officer for Bragg, commented, “The third quarter marked another period of strong growth and record results for Bragg. Revenue grew 16% year-over-year, gross profit increased 18%, and Adjusted EBITDA rose 7%. In the U.S., strong third quarter revenue gains from content distribution helped drive a 40% global increase in proprietary online content revenue year-over-year.
“Additionally, we announced today that the Board of Directors has unanimously decided to conclude its review of strategic alternatives for Bragg. After extensive evaluation and deliberation, the Board determined that the ongoing execution of the Company’s strategic plan is the best way to maximize value for shareholders at this time.
“Since stepping in as Chairman 16 months ago and then as CEO 14 months ago, we’ve transformed our executive team, restructured commercial operations, and sharpened our sales strategy with a targeted, jurisdictional approach. These decisive actions position us to drive growth and capture market opportunities with greater precision and impact. Under new leadership, we’ve built a strong pipeline of tier 1 opportunities across key markets and key products, positioning Bragg for accelerated top- and bottom-line growth.
“With the strategic review process now complete, Bragg is now fully focused on commercialization and unlocking profitable growth, without the need for significant new investment in product development. Our decade-long investments in technology and talent, combined with a robust leadership team, have built a scalable platform that uniquely positions us for aggressive growth in 2025 and beyond. With significant operating leverage now within reach, we’re poised for an exciting, high-growth, and profitable future.”
Third Quarter 2024 and Recent Business Highlights
- Launched its newest games and Remote Gaming Server (RGS) technology with Caesars Digital in Pennsylvania and Ontario. The launch marked the expansion of Bragg’s existing partnership with Caesars Digital, following earlier launches in New Jersey and Michigan respectively, doubling the number of states/provinces in which Bragg content is offered on Caesars Palace Online Casino and Caesars Sportsbook & Casino.
- Launched its newest games and RGS technology with FanDuel in New Jersey, adding to its existing distribution with the leading North American operator in Michigan, Pennsylvania, Connecticut and Ontario
- Post-quarter end, the Company additionally launched its newest games and RGS technology with bet365 in New Jersey, following on from its second quarter launch in Pennsylvania, and an earlier launch in Ontario with the major global iGaming operator
- Launched HardRockCasino.nl in the Dutch market, supplying its cutting-edge player account management (PAM) software to the brand. The agreement is Bragg’s 6th PAM customer in the Netherlands, reinforcing Bragg’s status as the leading technology and content supplier in the Dutch market
- Launched the Kambi sportsbook on 711.nl, adding an additional revenue-generating product stream to a key PAM customer in the Netherlands
- Management is pleased to announce the appointment of Robbie Bressler to CFO of Bragg, effective immediately. Robbie had been serving as Bragg’s interim CFO since July 1, 2024.
Additional September 30, 2024 Key Financial Metrics
- For the nine-month period ended September 30, 2024, Cash flow generated from operations was EUR 8.4 million (USD 9.4 million), compared to EUR 6.2 million (USD 6.9 million) for the nine-month period ended September 30, 2023.
- Cash and cash equivalents as of September 30, 2024 was EUR 11.6 million (USD 13.0 million) and net working capital, excluding deferred consideration, loans payable, and convertible debt, was EUR 11.3 million (USD 12.7 million)
Strategic Alternatives Process Concluded
The Bragg Board announced the strategic alternatives process in March 2024 with the formation of a Special Committee, comprised solely of independent members of the Board. The Committee, together with its advisors Oakvale Capital LLP and Blake, Cassels & Graydon LLP, evaluated a wide range of strategic alternatives for maximizing shareholder value including a potential sale or merger of the Company. Bragg solicited interest from a significant number of potential counterparties and received multiple non-binding proposals.
After careful consideration, the Board, on recommendation from the special committee, unanimously determined that none of the proposals received reflect the Company’s intrinsic value or current and projected financial performance, and therefore elected to conclude its review and disband the Special Committee.
Don Robertson, independent Board member and Chair of the Special Committee, said, “After a comprehensive and exhaustive process, the Committee recommended, and the Board unanimously agreed, that continuing to execute Bragg’s strategic plan as an independent public company is the best approach for maximizing shareholder value. Although the process has now concluded, Bragg’s Board will continue to be open to and consider all opportunities for enhancing shareholder value.”
“Over the past year, our financial performance, cashflow generation and revenue outlook have significantly improved. We remain extremely confident about our business plan, operating strategy, and financial prospects” said Matevž Mazij, Chairman and CEO of Bragg.
Reiterates Full Year 2024 Guidance and 2025 Outlook
Bragg reiterates its 2024 full year revenue guidance range of EUR 102.0-109.0 million (USD 114.2-122.1 million) and its full year Adjusted EBITDA range of EUR 15.2-18.5 million (USD 17.0-20.7 million), noting that the Company is currently tracking to the lower end of guidance.
Bragg is actively advancing a robust pipeline of opportunities that is anticipated to drive strong momentum as we enter 2025. The outlook for 2025 remains positive, with expectations of sustained double-digit top line growth, expanding bottom line margins, and increased operational leverage, further strengthening Bragg’s position in the market. The preceding guidance and outlook constitute forward-looking information within the meaning of applicable securities laws, and is based on a number of assumptions and subject to a number of risks.
BetMGM, a leading sports betting and iGaming operator, announced an extension of its partnership with the Vegas Golden Knights through the 2026-27 season. As part of the agreement, BetMGM will continue as an Official Betting Partner of the Vegas Golden Knights with prominent signage on the Knight Tron and throughout T-Mobile Arena as well as co-branded content and exclusive promotions. The partnership also features multiple fan engagement opportunities including watch parties and Toshiba Plaza activations.
“BetMGM is proud to continue our partnership with the Vegas Golden Knights, giving us the opportunity to create memorable moments alongside one of the world’s most passionate hockey fan bases. Las Vegas is BetMGM’s hometown and an integral part of our DNA, so the Golden Knights are a natural fit for our brand.” – Matt Prevost – BetMGM, Chief Revenue Officer.
Throughout the season, BetMGM will host watch parties featuring team mascots at various MGM Resorts destinations. The operator also will plan activations in Toshiba Plaza during select Golden Knights home games where fans can begin the BetMGM mobile app registration process for the chance to win prizes.
“BetMGM is a long-standing partner with the Golden Knights and a brand synonymous with this great city,” said Vegas Golden Knights President and CEO Kerry Bubolz. “We look forward to continue working together on events and activations that we know entertain our fans.”
Lance Evans, SVP Sports and Sponsorships, MGM Resorts, said, “The Vegas Golden Knights play a core role in the Las Vegas sports and entertainment experience and it’s a privilege to welcome both local and visiting fans to our properties before, during and after games. Together with BetMGM, we look forward to co-hosting events that will allow guests to engage with their favorite teams in new and exciting ways.”
BetMGM users can take advantage of the robust offering of prop markets for Golden Knights games this season, frequent in-app odds boosts and the interactive same game parlay betting feature. New BetMGM customers who download the BetMGM app and verify at one of BetMGM’s nine retail sportsbooks within walking distance of T-Mobile Arena will receive a first bet offer of up to $250 paid back in bonus bets if their first bet loses (offer only available in Nevada; bonus bets are non-withdrawable and expire in seven days.) Through the recently launched single account and wallet app upgrade, BetMGM users who sign up in Nevada and reside in other BetMGM U.S. mobile markets can continue to wager upon returning home.
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