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OKTO.CASH Goes Live with Parimatch

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OKTO, a leading fintech company powering digital payments, has launched its OKTO.CASH seamless in-app payment method in Cyprus with Parimatch.

The leading fintech firm offers Parimatch players a new physical-to-digital payment method, allowing them to top up their online gaming account with cash through any point of sale of OKTO’s partnering POS network in a safe, secure and fast way. OKTO.CASH is uniquely designed to deliver an exceptional experience that is entirely seamless throughout the top-up process, with funds accessible in real-time without exiting the gaming app or site. The solution offers players both convenience and ease of use while also takes them on a digital journey in the physical world.

Fotis Psindrides, Country Manager at OKTO, said: “Our partnership with Parimatch is fully aligned with our mission to provide users with the capabilities to transact across multiple channels seamlessly and securely, and our operator and merchant partners with reliable, resilient and seamless payment solutions tailored for their market’s need.

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OKTO.CASH is the driving force by converging online payments and cash, and we are thrilled to expand in Cyprus through our cooperation with Parimatch. The addition of OKTO.CASH payment method will further diversify the brand’s payments offering, providing an intuitive mobile-first experience for the players.”

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FDJ Announces its First Bond Issue

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La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.

FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.

With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.

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Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.

The post FDJ Announces its First Bond Issue appeared first on European Gaming Industry News.

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CT Interactive Shortlisted in Two Categories at BEGE Awards 2024

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CT Interactive has announced that it was shortlisted in two categories for the upcoming prestigious BEGE Awards 2024. The company has been recognised for its exceptional contributions to the online gaming industry by being among the finalists for Online Game of the Year for the innovative and engaging game Doctor Winstein Buy Bonus and Online Provider of the Year.

The BEGE Awards, which celebrate excellence and innovation in the gaming and entertainment industry, will be held on November 27, 2024, at the Club Black & White in the Grand Hotel Millennium, Sofia.

This year’s nominations reflect CT Interactive’s dedication to creating top-tier gaming experiences and its continuous efforts to push boundaries in the online gaming world.

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“Being recognised in these two categories is a testament to the hard work and creativity of our entire team. We are thrilled to be among the industry’s finest at the BEGE Awards once again,” said Monika Zlateva, CCO at CT Interactive.

The post CT Interactive Shortlisted in Two Categories at BEGE Awards 2024 appeared first on European Gaming Industry News.

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Public Voting Starts for Ortak x B.F.T.H. Arena Awards 3.0

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The highly anticipated Ortak x B.F.T.H. Arena Awards 3.0 has officially entered the public voting phase as submissions are closed.

More than 70 game providers have turned in over 160 submissions, including Tom Horn Gaming, Pragmatic Play and RubyPlay. Public voting involves enthusiasts casting their votes to pick the winner of the Game of Public Choice category.

The Public voting phase ends on December 1st 23:59 GMT+4.

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Concurrent to public voting, the first phase of private voting also starts during which all participants who have submitted entries get the chance to vote for one favourite in each category. An international auditing company oversees this phase to eliminate duplicate votes and self-votes. This phase ends on November 19, 23:59 GMT+4.

The second phase of private voting will also take place with a jury of industry experts making their decisions based on the shortlist picked by participants during the first phase.

The post Public Voting Starts for Ortak x B.F.T.H. Arena Awards 3.0 appeared first on European Gaming Industry News.

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