Industry News
Merkur’s latest launches bring the heat to ICE London
Whether sipping on sunshine from a tropical island or feeling the hot breath of a dragon, Merkur Gaming’s latest three games are set to catch fire at ICE London as the company prepares for a “big” show and an even bigger year ahead…
“Maximum performance and maximum entertainment,” is how Merkur Gaming has described its focus at the start of 2020 as the company prepares to enhance its online portfolio even further following a hugely successful year launching eye-catching and popular new titles. The launch of its three latest titles, Dragon’s Maid, Mojito Beach and Tri Piki, is testament to the Gauselmann subsidiary’s ongoing reel game line-up expansion with 2020 set to be a shining year for new releases according to Maja Cvetkovic, Business Development Manager – Online at Merkur Gaming.
Commenting on the company’s latest, sizzling reels, Cvetkovic said: “Our newest releases all deliver on our usual strong passion for details of classic casino games with an online twist and will for sure match players’ expectations as they combine unique mathematics and in-game features in fun and exciting ways.”
Dragon’s Maid is a 5-reel with 10, 20 or 40 win lines, which beckons players into a story of a special hero family of the titular maid and her dragons. “We developed a game which centred around the unbreakable bond between the Dragon’s Maid and these majestic blue Dragons. Have you ever seen lively creatures being there for each other, going through one adventure after the other and always holding their backs? This game will bring this unique story to life as players learn from their deep relationship.”
This medieval game features wilds and sticky wilds centred around the adventure whilst also bringing its fantasy creatures into a new free game feature. “The Maid and the Dragons help each other and use their strengths also for the other one’s benefit,” Cvetkovic explained. “Players can also make their way into the free game feature. The number of free games which are set off is based on a secret magical formula only the Dragons know: Depending on how many of his Dragon mates the blue Dragon summons, the number of free games is decided. This means that the Dragon’s Maid belongs to a big Dragon family and in a good family everyone does his best for the other family members!”
Merkur Gaming’s other latest release bring players in contact with a different kind of heat, the hot summer sun of the tropics filled with surfing, swimming and sipping on cocktails. Mojito Beach delivers a party in a glass with a 5-reel-10-win-lines-game which makes the famous rum-based beverage the star of the show.
“For this impressive slot we wanted to offer the feel of the bright sun, big waves on the shore and the famous Mojito Beach Party as well as big payouts and some winning wild features,” Cvetkovic said. “Players will meet a highly motivated barkeeper and his female co-worker who created her own Mojito recipe! She creates and serves them with all her talent as she is wild and expanding wild but her speciality is also to turn all the glasses of Mojito appearing on the reels into wild symbols as well. This is a game filled with good times from the music, stunning graphics and gameplay, bring out the ice and let’s get this party started!”
Finally, Merkur’s Tri Piki game brings the myths of a tropical island, which is a highly popular game theme in the reel game sector, into a winning formula of wilds and scatters for players of any type. The story unfolds of a dancing woman who uses spiritual magic to keep the sunset sparkling through the night which all combines with state-of-the-art game mathematics and a calming, meditative gameplay.
“Tri Piki is a 5 reels and 10 or 20 win line game in which the dancing woman is wild and scatter and sets off 10 free games when her symbol appears 3 times on the reels. Through her ritual dance she chooses 3 special symbols and hides all of the symbols under shells which then have to be picked by the player or her upon which she reveals the special symbols.”
Cvetkovic concluded: “Tri Piki is not a typical vacation destination and as a game it stands out for the variety of hidden in-game features tied into the idyllic setting. In daylight when the dancing Woman sleeps, you can sip on mango sunshine cocktails and bathe in the sun, doing a trip with the boat or swim with the dolphins in the sea. So this small island bears more hidden treasures than those which can be seen at first sight. The beautiful nature of Tri Piki is outstanding and definitely provides everything a player needs to forget the hectic life outside.”
NuxGame, the experienced betting and casino software provider, has been recognised at this year’s EGR B2B Awards, receiving a nomination for its Aggregation Platform.
The EGR B2B Awards is one of the most esteemed events in the industry and this shortlisting solidifies NuxGame’s status as a leading casino software supplier and a one-stop shop for casino operators.
Winners are to be selected by a panel of industry experts ahead of the ceremony at The Roundhouse in London on 13th June.
NuxGame’s aggregation platform boasts over 13,600 slots titles from 135 leading providers, which has recently been bolstered thanks to partnerships with the likes of 3 Oaks Gaming, Vivo Gaming and Hacksaw Gaming.
The nomination follows a strong year for the provider, which has made strides in player retention and acquisition tools for its aggregation platform customers with features such as free spins, network tournaments, live streamer promotions and custom thumbnails.
This latest development for NuxGame serves as a testament to its philosophy of staying ahead of the tech curve and harnessing the latest technologies to provide a bespoke and customer-centric service.
Denis Kosinsky, Chief Operating Officer at NuxGame, said: “The EGR B2B Awards is one of the most important dates in the iGaming calendar, so we are honoured that our leading casino aggregation platform has been shortlisted.
“It’s fantastic to be recognised in these prestigious awards, as we are dedicated to delivering the most innovative casino game aggregation platform for our customers.”
The post NuxGame’s Aggregation Platform shortlisted in EGR B2B Awards appeared first on European Gaming Industry News.
Betsson AB has published its interim report for the first quarter of 2024.
Highlights
- Group revenue was EUR 248.2 (221.9) million, an increase of 12%. Organic increase of 25%.
- Casino revenue increased by 19%. Sportsbook revenue decreased by 3% and the sportsbook margin was 6.6% (8.0%).
- EBITDA was EUR 71.6 (54.3) million, an increase of 32%. The EBITDA margin was 28.8% (24.5%).
- Operating income (EBIT) was EUR 57.9 (43.0) million, an increase of 35%. The EBIT margin was 23.3% (19.4%).
- Net income was EUR 42.8 (36.6) million, corresponding to EUR 0.30 (0.28) per share.
- Operating cash flow was EUR 50.0 (48.8) million.
- Net debt was EUR -68.1 (-104.5) million.
- Active customers increased by 15% to 1,281,267 (1,115,641).
CEO’s Comments
“Positive start to the year for Betsson – continued high customer activity and the highest ever operating income”
For Betsson, the first quarter of 2024 was characterised by a continued positive development with high customer activity, good growth and strengthened profitability, as well as new growth-oriented initiatives. Revenue was up 12 percent year over year, and operating income (EBIT) increased as much as 35 percent to a new record level, while the operating margin strengthened to 23.3 (19.4) percent.
After the new president in Argentina took office, a devaluation of the Argentine peso of more than 50 percent was carried out in December, which had a negative effect on reported revenue for the Group in the first quarter. Organically, revenue increased by 25 percent compared to the corresponding quarter of the previous year.
The high customer activity drove strong growth in gaming turnover for both casino and sports betting, with year-over-year increases of 14 and 25 percent, respectively. Casino revenue increased by 19 percent year over year. The sportsbook margin amounted to 6.6 (8.0) percent, which was lower than the average margin for the past two years and meant that the high activity and increased turnover in sports betting was not fully reflected in revenue for the quarter. The lower sportsbook margin particularly impacted revenue in Latin America.
Betsson’s ambition is to generate stable earnings growth in the long run. The strategy to achieve this is based on geographic diversification and growth investments within existing markets, new markets, B2B and M&A. Within existing markets, it can be mentioned that the Betsson brand was introduced on the Italian market in March, at the same time as a collaboration was started with the former superstar of Italian football, Francesco Totti. Italy remains an important market with great potential for Betsson. In addition, Betsson went live in Cordoba, Argentina during the quarter, which means that the Group now offers games under local gaming licenses in three Argentine provinces. In new markets, a new online casino offering was launched in Belgium through the acquired company betFIRST, based on the category A+ license. The license enables a complete online casino offering including slots, table games and live casino. B2B continues to be an important strategic area where previous years’ investments continue to bear fruit and continued to perform strongly during the quarter. In terms of M&A, a gaming operator licensed in the Netherlands that offers casino games via the websites www.goldruncasino.nl and www.goldruncasino.com, and a game studio that develops casino games, were acquired in February. The transaction is subject to an approval from the Dutch gambling authority before the integration work can begin.
Sustainability is an important part of Betsson’s strategy and for the second year in a row Betsson sponsored the Consumer Protection Zone at the ICE gaming fair in London. This part of the fair aims to increase knowledge about responsible gambling and all proceeds from this part go to organisations that work with responsible gambling.
After the positive start to the year, we now look forward to following the final rounds of the European football leagues and cups, before it is time for the best national football teams to measure their strengths in the UEFA Euro 2024 and Copa America in June and July. There is football fever out there and within the entire organisation a number of activities are already underway to ensure that Betsson will be able to deliver a powerful player offering for new and existing customers during these major championships. See you this summer!
The post Betsson Publishes its First Quarter 2024 Interim Report appeared first on European Gaming Industry News.
This month The Navajo Nation Gaming Enterprise (Navajo Gaming) honored 186 of its total 1200 team members for reaching significant employment milestones including 15, 10, and 5 years of service for the enterprise. The event at Twin Arrows Navajo Casino Resort in Flagstaff, Ariz. showcased the impact and journey of each hard-working team member, with a special highlight for 29 employees who have served for 15 years.
Less than 10 years after Navajo Gaming was created by the Navajo Nation and charged with the mission of creating jobs, increasing revenues, and stimulating incremental economic development within the Navajo Nation, the gaming enterprise created over 7425 direct, indirect and induced jobs with an overall economic output of over a billion dollars.
“Navajo Gaming employs 1200 people, 85 percent of whom are Navajo citizens. The award-winning AAA’s coveted Four Diamond Twin Arrows Casino Resort shares Navajo Culture through architectural nuances and local artists. Each of the property dining eateries feature ‘Navajo Beef,’ and traditional cuisine of the Navajo people, and our invitation to stay, play and relax at one of our four properties or Travel Center is an open welcome to the Navajo Nation’s beautiful scenic transformation,” Matthew Shunkamolah, Interim Chief Executive Officer of Navajo Gaming, said.
Team members recognized for 15 years of services have worked their way up to a wide variety of position within the enterprise from General Manager and Executive Director of Slots, to Director of Security, Food and Beverage Supervisor and Executive Director of Government Affairs.
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