Connect with us

Canada

Ryu Games Takes on Skillz

Published

on

 

A bid against the billion-dollar cash tournament giant

Ryu Games, a San Francisco-based startup in the current 500 Startups batch, is launching a mobile gaming cash tournament SDK to compete with industry leader Skillz. Over 15 games across many genres from world class developers are launching with Ryu’s SDK.

The SDK, which monetizes hyper casual mobile games with cash tournaments instead of in-game ads, offers users an elevated mobile gaming experience and the ability to win real money from playing in asynchronous tournaments.

Indie studios like Spaceloom have revolutionized their business model by integrating cash tournament SDKs. CEO Axel Svensson reports that “monetizing with cash tournaments has significantly improved the way our games generate revenue. We no longer need hundreds of thousands of users to generate ad-revenue. The cash tournament model saves us development time and makes it easier for an indie studio to succeed in a market dominated by the big guys.”

Ryu’s SDK differentiates itself from Skillz’ platform by offering robust social functionality including in-game chat, detailed match history, and an easy invitation feature. The platform also includes leaderboard events where users can compete for cash prizes against many users at once, as well as a cross-promotion network allowing users to hop to other games in the Ryu catalogue.

“Games have always been inherently social,” says Ryu CEO Ross Krasner. “Especially in the esports competitive category, giving our players new ways to chat and interact is at the core of what we do differently.”

Skillz, the current industry leader in mobile cash tournament gaming, was recently valued at $3.5 billion and boasts a large catalogue with hit games like Blackout Blitz and Solitaire Cube.

“The growth of this space has been incredibly exciting to watch, and we’re thrilled to be a part of this fast-growing sector,” says Krasner. “It’s rewarding to partner and grow with a cohort of game developers from around the globe.”

Ryu’s first hit was Cash Blocks VS, which has garnered praise for smooth mechanics and well-paced gameplay. Ryu also found success in Color Hit VS, a game released with partner Spaceloom. Ryu seeks to scale several more titles by the end of 2020.

Powered by WPeMatico

Continue Reading
Advertisement

Canada

Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives

Published

on

rivalry-corp.-announces-significant-reduction-in-operations-and-evaluation-of-strategic-alternatives

 

Rivalry Corp. announced that its Board of Directors has approved a significant reduction in operating activity as the Company evaluates strategic alternatives in respect of its assets and operations.

The Company is engaged in discussions with third parties regarding potential transactions. However, in light of recent performance volatility, the Board has determined to materially reduce the scale of operations while assessing whether a strategic transaction or other alternative can be advanced.

Effective immediately, the Company is implementing substantial cost reductions, including a significant workforce reduction and reduced operating expenditures. The Company has paused player activity on its platform and is facilitating player withdrawals in the ordinary course.

The Company is assessing a range of potential alternatives, which may include asset-level transactions, corporate transactions, restructuring initiatives or other strategic outcomes.

Given the Company’s reduced operating scale and the ongoing evaluation process, there can be no assurance that any strategic alternative will be completed or that operations will continue in their current form.

The post Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Alex Malchenko

Evoplay Strengthens Canadian Presence with BetMGM Partnership

Published

on

evoplay-strengthens-canadian-presence-with-betmgm-partnership

 

Evoplay is celebrating another milestone in its regulated-market journey with a new launch in Ontario, teaming up with BetMGM to bring its games to one of Canada’s most dynamic and competitive jurisdictions.

The rollout introduces 18 Evoplay titles to BetMGM Casino in Ontario, carefully selected to deliver long-term engagement and appeal to a wide range of player preferences. The first wave includes proven performers such as:

• Hot Triple Sevens

• Hot Volcano

• Gold of Sirens Bonus Buy

• Inner Fire Bonus Buy.

These are games that have already demonstrated strong results across multiple regulated markets.

This launch marks another confident step in Evoplay’s Canadian expansion, reinforcing the company’s commitment to aligning its content with local market requirements, player expectations, and regulatory standards.

Alex Malchenko, Head of Sales at Evoplay, said: Ontario continues to set a high standard for regulated online casinos, making it a market where the right partnerships truly matter. Collaborating with BetMGM allows us to expand our reach with a portfolio that has already performed strongly across multiple areas and territories.

Oliver Bartlett, VP of Gaming at BetMGM, said: “Partnering with Evoplay adds a strong selection of proven, high-performing titles to our growing portfolio in Ontario.”

The post Evoplay Strengthens Canadian Presence with BetMGM Partnership appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Bet Rite

Spintec Expands into Canada with Bet Rite

Published

on

spintec-expands-into-canada-with-bet-rite

Spintec is expanding its footprint in North America by partnering with Bet Rite in the Canadian gambling sector. As a prominent developer of electronic table games, Spintec invested significant effort into locating a partner who comprehends the distinctiveness of the Canadian casino industry. Bet Rite is taking on the position of Spintec’s distributor in Canada, leveraging its established reputation and substantial industry knowledge. This collaboration combines global innovation with local expertise in a partnership that is helping Spintec advance its expansion objectives in North America.

Bet Rite’s establishment is rooted in years of industry expertise. The firm focuses on providing top-notch gaming solutions designed specifically for Canadian operators. They aim to provide a sole vendor connection that grants access to numerous top-tier product lines, establishing them as a reliable partner nationwide.

For Spintec, collaborating with a company that prioritizes service, product excellence, and enduring relationships is vital, and Bet Rite is dedicated to prioritizing customer needs. With a solid sales network and a reputation for dependability, their market stance is highly strong.

Through this collaboration, Spintec is guaranteeing that their creative products receive backing from an attentive, community-focused service. The initial product line to be launched in the Canadian market will be Spintec’s premier Charisma line. Charisma’s design, flexibility, innovation, and wide range of product customizations will undoubtedly make it a top seller in Canada as well.

Billy Maclellan, Bet Rite President, says: “Our company has grown by offering best-in-class suppliers the local support that they need. Spintec fits the mold perfectly and together we are well placed to make this partnership a glowing success”

Goran Sovilj, Spintec’s Chief Commercial Officer, agrees: “Bet Rite’s deep understanding of the Canadian market makes this alliance very promising. We are always excited to introduce innovative and exciting products to new markets, especially when our distributors are as experienced and knowledgeable as Bet Rite.”

The post Spintec Expands into Canada with Bet Rite appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania