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Nuvei to Acquire Mazooma, a U.S. focused gaming and sports wagering payment technology provider

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Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced it has entered into a definitive agreement to acquire Mazooma Technical Services Inc. (“Mazooma”), a U.S. focused gaming and sports wagering payment technology provider for approximately $56 million plus additional consideration subject to the achievement of specific performance criteria (over a maximum 3-year period from the closing date) of up to a total maximum consideration of approximately $315 million. Approximately 24% of the consideration is expected to be paid via the issuance of subordinate voting shares with the remainder to be paid in cash. The transaction is subject to the prior approval of the Toronto Stock Exchange as well as customary closing conditions and is expected to close in the second quarter of 2021.

Mazooma is a leading account-to-account payments provider in U.S. online gaming and sports betting and is a registered vendor in 9 states, with permission in 12 states, and holds money transmitter licenses and exemptions in a total of 47 states. Mazooma’s Instant Bank Transfer payment solution features same-day Automated Clearing House (ACH) for pay-ins and payouts; and through a partnership with Plaid, is connected to 11,000 financial institutions in the U.S. Mazooma is integrated with the majority of U.S. gaming platforms and online gaming and sports betting operators and is expected to process more than $2 billion of ACH total volume* in 2021.

“Mazooma will enhance and expand Nuvei’s portfolio of alternative payment methods with a leading ACH platform with both pay-in and pay-out functionality, developed and used exclusively for online gaming in the U.S.,” said Philip Fayer, Nuvei’s chair and CEO. “Because of low credit card acceptance rates, ACH is a must-have capability and solution in payments for online gaming and sports betting operators today.   Additionally, this acquisition will not only give Nuvei the necessary product functionality, but also the vendor registration, compliance, and operational infrastructure to address merchant’s requirements in any regulated U.S. state. This acquisition will truly solidify our commitment to and presence in the U.S. online gaming and sports betting industry.”

*Total volume does not represent revenue earned by Mazooma, but rather the total dollar value of transactions processed by merchants under contractual agreement with Mazooma. Total volume is explained in further detail in the Company’s most recent Management’s Discussion and Analysis of Financial Condition and Results of Operations.

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Mplay signs important deal with Solid Gaming

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The game studio Mplay Games has recently signed an agreement with Solid Gaming to distribute their games. Mplay is a fast growing game studio focusing on premium casino games for the Asian market and India in particular. The games are built with interactive functions to give the players a whole new game experience.

With popular Indian games like Ludo Express and Jhandi Munda, Mplay has delivered the only real money games of their kind in the market today. With the very popular Indian game Teen Patti Champion they have created a brilliant version that will be loved by the Indian gamers and for sure set Mplay apart from other Indian inspired game developers.

Aiming to reach a wider audience for their games, MPlay’s deal with Solid Gaming is the key to reaching first and foremost the large and important asian market.

Solid Gaming is welcoming the additional games for operators aiming for a greater presence in India.

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Week 15/2021 slot games releases

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Here are this weeks latest slots releases!

Nolimit City conquers the Far East with Bushido Ways xNudge release. Back with another flash-hot release, the Malta based Software Provider and player favorite studio is announcing their fourth release. Still reeling from the success of their mega hit Fire in the Hole xBomb, exceeding all expectations set. The team announce Bushido Ways xNudge as their latest title addition to the ever growing portfolio. Bushido Ways xNudge offers a 5×3 reel set, with up to 12,288 expanding win ways. An xNudge symbol which can land on reel 3, adding a multiplier with every nudge, whilst also offering wilds & sliced wilds.

 

Fantasma Games, the developer of slots beyond gambling, has debuted its latest game boasting a never-seen before mechanic, TitanwaysTM, which promises to elevate big win potential to the next level. Golden Castle Titanways, Wild Haunt and Phantom Free Spins.

 

 

Evoplay has announced the launch of its latest enthralling slot title, Epic Legends. Fully optimised for mobile-gaming and developed using the latest in tech, Epic Legends is set in a futuristic Tokyo-inspired metropolis, with players challenged to uncover all four legendary creatures by finding one of the game’s intriguing symbols: Blue Legend, Violet Legend, Red Legend, or Green Legend. Offering a truly immersive journey forward in time, each of the game’s characters are themed in the Japanese video game style – with the aim to catch each of the four, totalling Blue Legend, Violet Legend, Red Legend, or Green Legend.

 

Stakelogic, one of the most in-demand game developers in the market, has debuted the latest title in its hugely popular classic slot series, Hot JokerTM. With 5×4 reels and 40 paylines, Hot JokerTM offers a modern twist on a traditional classic slot game with three bonus features to unlock as well as three different RTP versions (96%, 94% and 92%) available. In the base game, players will feel a sense of nostalgia as fruit and 7s symbols land on the reels. If three four or five of the Star scatter symbols drop, the Free Spins bonus will be triggered.

 

Lightning Box games is set to harness the power of Chinese mythology with its latest creation Lightning ShenLong. Players will be hoping the title character, named after the legendary dragon and bringer of storms, will make it rain in this enchanting 3×5 reel, 243 Way game. With ShenLong acting as a Wild, the reels are crammed with Sino-specific symbols and divulge their treasures to the accompaniment of a soundtrack from dynasties gone by. Riches await when the Lightning Bolt strikes to award jackpot prizes fit for an emperor and players can collect cash when the bolts fall in the active zone during Respins, providing a new take on the studio’s popular Lightning Respin mechanic.

 

Kalamba Games has reimagined a popular classic title with a range of new features in Monkey God Buy Feature, the first game to launch exclusively on Kalamba’s own Bullseye RGS. A fresh take on the original, the game includes an all-new UI, the fan-favourite HyperBonus, the all-new K-Gamble feature and other key tweaks. Players can choose from four separate bet levels to enable a different number of Gold Symbols that have higher potential payouts and volatility. A proven driver of engagement, hitting three Koi Carp symbols triggers Bonus Spins, where even higher potential wins may be awarded.

 

Slotmill’s latest slot ‘Lucky Lucifer’ is due to be released on 19th April. The slot marks a milestone for Slotmill as it is their first slot with a maximum win of 10,000 times bet and incorporating a Feature Buy function, allowing players to jump directly to the Bonus game. Lucky Lucifer is a 5-reel, 40 bet line video slot with a random wild feature in the base game and a bonus feature where multipliers are accumulated and multiplied with the bet. Three symbols with persistent multiplier enhancing features adds to the excitement and landing symbols on each of the five pentagram “hotspots” will reveal two extra symbol rows and Landing symbols on all 35 positions awards an extra 666x multiplier.

 

Pragmatic Play, a leading content provider to the gaming industry, has unveiled its newest hit, Floating Dragon Hold and Spin. The Asian-themed, 3×5 slot is packed full of features and fun, with three separate triggerable modes for players to enjoy. The first is the Fish Money feature, which sees each Fish symbol have a cash value attached and can be collected if the Lady lands on the reels. If multiple Lady symbols land, then the value is multiplied by the number of them.

 

Spinmatic has announced the release of its new slot game Ed Jones & Book of Bastet. The premium casino games developer and provider presents a new addition to its video slots portfolio. Ed Jones & Book of Bastet is an enthralling Video Slot game with an Ancient Egyptian Gods theme that has 5 reels, 3 rows, and 10 fixed pay lines. The features of the game are Free spin, Wild Scatter with a Pay-out, and Gamble. All were created for a captivating game experience.

 

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SPINMATIC PRESENTS ED JONES & BOOK OF BASTET

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Spinmatic has announced the release of its new slot game Ed Jones & Book of Bastet. The premium casino games developer and provider presents a new addition to its video slots portfolio.

Ed Jones & Book of Bastet is an enthralling Video Slot game with an Ancient Egyptian Gods theme that has 5 reels, 3 rows, and 10 fixed pay lines. The features of the game are Free spin, Wild Scatter with a Pay-out, and Gamble. All were created for a captivating game experience.

Technical info

RTP: 96.60%

Volatility: High

Demo: demo.spinmatic.net/Play/1710

Spinmatic is always innovating to provide stunning HTML5 casino games to the industry, with carefully developed storylines and high-quality visual and sound FX.

The company has grown enormously during the last years, having now a wide and diverse portfolio with more than 60 titles such as “Fall of the Beast”, “Poseidon”, or “Mayanera.”

Some of the company’s latest launches are “Haunted Chateau”, “World of Gods: Niflheim” and “3 amigos.”

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EGT Interactive Expands its Partnership with Senator

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EGT Interactive has reinforced its position in the Croatian iGaming market through a partnership with Adria Casino Croatia under Senator’s brand.

The deal is a logical expansion of the long-term collaboration between the gaming equipment manufacturer EGT and the land-based casino operator Senator. Now their success is transferring into the iGaming industry.

Croatia is a successful market for EGT Interactive, and the provider continues to increase its presence by adding Senator to its market’s client portfolio. Through its vast experience in the iGaming market, EGT Interactive has grown significantly over the years to become an industry leader in this territory.

Senator already released some of the provider’s top-notch content. The impressive collection of online video slots that are already available for the players includes titles like Burning Hot, Great 27, Frog Story, Rise of Ra, Shining Crown and many more.

“Senator is a well-known brand in Croatia with an impressive reach on the market. We are certain that the well-known portfolio of EGT games in Croatia will additionally support the growth of the online brand of Senator and bring great results for both of us,” Todor Zahariev, Managing Director of EGT Interactive, said.

“We are happy to expand our collaboration with EGT Interactive to an exciting iGaming market and we believe that together we can achieve the best results and ensure the growth of our companies, both in the Croatian and international market,” Dimitar Deskoski, CEO of Senator Croatia, said.

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Cloudbet Enhancements Take Aim at Professional Sports Bettors

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Cloudbet, the pioneering bitcoin casino and sportsbook, has unveiled a raft of new features, including a world-first rollout aimed at professional sports players.

In a first for bitcoin betting operators, Cloudbet will grant all customers and affiliates open access to its machine interface (API), allowing them to more closely integrate their activities with the operator’s sportsbook.

This feature is geared towards professional sports bettors, and, at a minimum, will allow players to see changes in market odds at a vastly accelerated rate. Meanwhile, a partner API tier allows other bookmakers to interface with Cloudbet to manage their customer liabilities.

Other Cloudbet enhancements announced today include:

  • Sportsbook: Easy to edit “My Favorites” section, an updated bet slip that accommodates more parlay flexibility, and “Money Talks,” a feature that highlights for selected events any divergence in opinion between market odds and actual bets placed.
  • Casino: More variety and flexibility in bonus activations, and a new bonus reward for deposits greater than 20 euros.
  • Fiat currency integration: Players can now deposit and bet with US dollars, Canadian dollars and euros.

The wave of improvements comes hot on the heels of a milestone 2020 for Cloudbet, during which the operator integrated six new cryptocurrencies and added features including esports, politics betting, virtual sports, social-media bet sharing and easy credit-card coin purchases.

“We had a busy year, and we continue to raise the bar for ourselves,” a Cloudbet spokesperson said. “We’re constantly looking for ways to provide players with the best bitcoin betting experience in the world.”

Founded in 2013, Cloudbet established itself as one of the world’s leading bitcoin betting operators, with a reputation built on unparalleled security and speedy withdrawals. Cloudbet’s sportsbook has made a name for itself with its low-margin odds on a multitude of markets around the world, while the Cloudbet casino has hundreds of slots and a live-dealer experience with all classic table games.

The operator now supports betting in nine cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, USD Tether, USDC, Pax, Pax Gold, Dai and Link.

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Denmark’s Gross Gaming Revenue Down 8.7% YoY in 2020

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Denmark’s gross gaming revenue has declined 8.7% year-on-year in 2020. The closure of land-based gambling facilities, coupled with the cancellation and postponement of many sports events, is the reason for the revenue decline.

Figures released by the national gambling regulator Spillemyndigheden showed that revenue in 2020 amounted to DKK6.00bn (€806.7m), down from DKK6.57bn in the previous year.

Online casino overtook sports betting to become the primary source of gambling income, for the first time since regulation, with revenue here rising by 4.5% to DKK2.45bn. Spillemyndigheden said this was due to players switching to iGaming while land-based facilities were closed, but noted that the 4.5% increase was lower than the average annual increase of 13.0% since regulation in 2012.

Sports betting revenue declined 8.9% year-on-year to DKK2.29bn, while retail slot machine revenue dropped 29.3% to DKK986.0m. Revenue at land-based casinos was also down 31.7% to DKK239.0m.

“One might have expected that there would have been a marked increase in online casino games when the physical gaming halls and casinos were closed down and the opportunities to bet on sports were severely limited,” Anders Dorph, Director of Spillemyndigheden, said.

“However, that is far from the case. Although online casino increased a bit, it is the smallest increase since 2012, and it therefore far outweighs the massive decline we have seen in the other areas.”

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Microgaming Signs Exclusive Supply Deal with GONG Gaming Technologies

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Microgaming has signed an exclusive supply deal with game development studio GONG Gaming Technologies.

Launched in 2020 by a team of passionate industry veterans with more than two decades’ experience in the gaming industry, GONG is devoted to the creation of sensational, premium entertainment products.

Prior to this agreement, GONG had previously collaborated with Microgaming on the creation of two new games, the swashbuckling Pirate’s Quest and the gloriously ghoulish Skulls Heap.

GONG’s first exclusive release under the new deal, Inferno Gladiator, is available via Microgaming’s leading online gaming platform. Set in a fiery colosseum, this high-volatility Roman-themed slot comes packed with free spins and sticky wilds.

“We at GONG are honoured and excited to collaborate with Microgaming! Our main goal is to create high-quality, entertaining and engaging games, and we’re constantly looking to improve and innovate. We were really pleased with the feedback we received for our two recent Microgaming releases, Pirate’s Quest and Skulls Heap, and we can’t wait to take our future content to the next level alongside Microgaming,” Dima Farbman, Co-Founder and CEO at GONG Gaming Technologies, said.

“It’s great to see a new studio bringing multiple games to the market so quickly, and we’re thrilled to welcome GONG to our platform. With a maths-first logic, and some great creations to their name already, GONG are actively pursuing innovative content. We believe they have the potential to deliver even more sophisticated gaming technology, wrapped up with strong artwork, into the future,” Andrew Booth, Director of Games at Microgaming, said.

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Camelot to Enforce 18+ Age Restriction on UK National Lottery Products from April 22

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The Camelot Group has announced that it will enforce an 18+ age restriction on all its UK National Lottery products from April 22, six months ahead of the UK Government’s October deadline to introduce the measure.

From that date, anyone under the age of 18 will no longer be able to purchase any of the national lottery operator’s products, whether that be online or in a retail environment.

The UK Government’s Department for Digital, Culture, Media and Sport (DCMS) announced last December that it would be raising the minimum age to play the lottery from 16 to 18 years following the release of its “Review of the Gambling Act 2005 Terms of Reference and Call for Evidence” policy paper.

Originally, online lottery sales to under-18s were to be banned first from April, with a deadline of implementation across retail by October 2021, but now Camelot has acted to enforce the age limit across all verticals sooner than required.

A Camelot spokesperson said: “From 22 April 2021, players must be 18 or over to play National Lottery games online, in-store and on the app. This is in line with the government’s decision to raise the legal minimum age to play The National Lottery, which we fully support.

“Encouraging healthy play is at the heart of everything we do. Remember, you can set limits for the amount you deposit and spend each week, moderate your Instant Win Games play limit or even take a break from playing.”

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Betsoft Gaming Goes Live on Paf.es

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Betsoft Gaming has extended its ongoing collaboration with the government-owned Finnish gaming company Paf to the Spanish market. The renowned content provider’s award-winning portfolio is now accessible on Paf’s Spanish platform.

“Paf is a trustworthy operator with a substantial customer base. We look forward to growing our business relationship together. The Spanish market is important to Betsoft, hence our commitment to translation and localisation of our games. We are delighted to see our portfolio going live on Paf.es,” Anna Mackney, Sales Executive at Betsoft Gaming, said.

“Paf is all about giving our clients great entertainment and promoting socially aware and responsible gaming. The games we showcase must reflect this, as our clients trust us to provide both quality and integrity. Partnering with companies like Betsoft is part of our commitment to ensuring this. We are very happy to launch their leading, certified titles across our Spanish platform,” Eric Castro, Head of Content and Casino Games at Paf, said.

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