Industry News
Gaming Innovation Group: Update on COVID-19
Gaming Innovation Group Inc. (GiG) closely monitors the progress of the Coronavirus (COVID-19) outbreak and consider contingency measures to reduce the risk for our staff and to ensure business continuity. Last week, GiG successfully deployed the Business Contingency Plan (BCP), with all systems and operations performing well. GiG operates from various offices in several countries and local measures have been taken based on the recommendations from the various authorities.
GiG has a robust BCP to ensure continuity of operations, and working from home is an integral part of the day to day operations and it also forms an integral part of the BCP. Proactive steps were taken at the end of last week of advising employees to work from home prior to any announcements by governments. As part of the BCP all changes to production environments will require an extra level of approval to protect both the Company’s and the customers businesses even more. GiG is an agile company, remote development and operational teams are part of day to day operations and will continue to work business as usual.
Casino operations have not been affected by the turmoil and daily Net Gaming Revenue (NGR) in March are in line with January and February for both our own B2C operations, B2B platform clients and for Media Services.
GiG’s operations are mainly directed towards casino, and revenues related to sports betting accounted for around 6.5% of total revenues in 2019 and so far in 2020. A large part of the sports related revenues are from paid Media, and initiatives has already been taken to move media spend from Sports to casino, to reduce the impact on operations from the closure of Sport events. Measures has also been taken to reduce operating expenses related to Sports in both B2C and B2B, and overall, the cancelation of sports events are not expected to have any material impact on GiG’s revenue and EBITDA going forward.
Overall revenues in January and February, including B2C as continued operations, where 6% above the average in Q4-2019 and for the time being we stand by our targets communicated in our 2019 Q4 report.
The divestment of B2C assets to Betsson Group is proceeding according to plan, and the compulsory competition filings have been submitted to the control authorities. Closing is expected mid-April 2020, giving time to receive the necessary approvals.
Richard Brown, CEO of GiG, comments: “Our focus is on protecting our employees and our customers, as well as securing a stable continuation of service to our partners. Board and management are continuously monitoring the situation and further measures will be taken if necessary to protect employees, customers and shareholder value through these turbulent times. In these times of turmoil GiG has so far proven that our technology is robust, staff agile and that there is a increased demand for our services across of different verticals.”
Arcade Heist
GoldenRace’s new Hit&Win games, Arcade Heist & Fortune Fighters
In an industry that never stands still, the race for innovation is constant. GoldenRace identified a shift in player behaviour: the modern audience craves more than just a bet; they want innovation, simplicity, gamification, fun, excitement, rewards and speed.
This realisation led to the birth of a brand-new vertical designed to bridge the gap between traditional betting and casual arcade gaming: Hit&Win.
GoldenRace’s first titles in this category are Arcade Heist, which takes the concept to a whole new level by introducing the essence of gaming: a community experience; and Fortune Fighters, a combat-themed experience that brings the intensity of a tournament arena to the palm of a player’s hand.
Arcade Heist moves away from the solitary nature of traditional betting and introduces a raid mechanic. In this game, the high-stakes world of undercover robberies meets classic arcade fun, but with a revolutionary twist.
On the other hand, what sets Fortune Fighters apart is its narrative depth. Players step into the shoes of Kai, a disciplined student fighting to restore his master’s honour against the reckless and loud Brotus. By entering “The Fortune Tournament”, players participate in a quest where every strike, dodge and move is a wager. This storytelling drives long-term engagement and player loyalty, turning a standard betting session into an immersive journey.
ICE 2026 Encore webinar: Reviewing Softquo’s major highlights
Want to know more about GoldenRace and the rest of Softquo companies’ revolution?
If you couldn’t make it to ICE Barcelona 2026, or if you want a strategic replay of the biggest announcements, you won’t want to miss this exclusive webinar!
Join Martin Wachter, Softquo’s CEO and Founder, Joey Kordahi, Softquo’s Project Manager and Simone Suppa, Novusbet’s Managing Director, as they review the essential topics and news introduced by the Softquo Holding at ICE 2026.
The post GoldenRace’s new Hit&Win games, Arcade Heist & Fortune Fighters appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Bruce Smith Enterprise
The Cordish Companies, Bruce Smith Enterprise and Live! Casino Virginia Celebrate Opening of Central Virginia’s First Full-Scale Casino
The Cordish Companies and Bruce Smith Enterprise celebrated the highly-anticipated grand opening of Live! Casino Virginia, the region’s first full-scale casino. The opening of the temporary gaming facility marks an important milestone in bringing new jobs, economic development, and tourism to the region while construction advances on the permanent resort destination next door.
Located just 25 miles south of Richmond and only 45 miles north of the North Carolina border, Live! Casino Virginia is conveniently off I-95 at Exit 48B. Live! Casino Virginia delivers a full-scale gaming experience 24 hours a day, seven days a week, featuring 75,000 square feet of gaming space with more than 900 state-of-the-art slot machines and over 30 live-action table games. Guests also can enjoy a signature bar and quick-service restaurant, with more than 1000 free parking spaces for added convenience. Combined with the signature excitement and superior hospitality only Live! can provide, the casino promises an unmatched entertainment experience for locals and out-of-town guests.
“We are proud to introduce an unparalleled entertainment experience to this market – the area’s first full-scale casino, offering the pulse-pounding excitement of Vegas-style slots, dynamic table games, and the unmistakable energy that defines the Live! Brand. Live Casino Virginia is a game-changing development, positioned to be a catalyst for entertainment, hospitality, and sustained economic growth throughout the region for decades to come,” said Jon Cordish, Principal of The Cordish Companies.
The Cordish Companies and Bruce Smith Enterprise were joined by Virginia Lottery Board Chairman Ferhan Hamid; Virginia Lottery Executive Director Khalid Jones; Petersburg Mayor Samuel Parham and members of Petersburg City Council; Pro Football legend Joe Theismann; and many community and business leaders from around the region to celebrate the opening.
“For far too long, this area has been a place people passed through rather than stopped to explore; today, that changes. Live! Casino Virginia will stand as a destination in its own right, and as someone deeply committed to this region and its people, I’m proud to help create opportunities that strengthen, inspire, and invest in the community for generations ahead,” said Bruce Smith, founder of Bruce Smith Enterprise.
“The influence Live! Casino Virginia is already having on Petersburg cannot be overstated. From the temporary casino to the future permanent resort, this project is poised to redefine the Tri-Cities and help shape the long-term trajectory of our region. This moment marks the beginning of a powerful new era,” said Mayor Samuel Parham, City of Petersburg, VA.
During the grand opening celebration, $15,050,000 was presented to the City of Petersburg and local charities in support of city initiatives, community programs and nonprofit organizations. The $15 million donation to the City is part of a broader commitment by The Cordish Companies and Bruce Smith Enterprise, which includes additional scheduled contributions. Through the establishment of a Community Advisory Board, a portion of these funds will be designated to support city initiatives including services for the elderly, childcare, affordable housing, parks and recreation facilities, support for education, healthcare, and housing and workforce development for disadvantaged populations, ensuring a meaningful and lasting impact on the community. On January 20, the property’s Charity Test Day generated $50,000 in proceeds, which were split evenly between two local organizations – Feed More and the John Randolph Foundation – providing $25,000 to each.
Additionally, the Virginia State University Foundation is the recipient of the inaugural “Live! Change Maker” program, a charitable initiative that allows guests to donate remaining change from their winnings to a local nonprofit through its cash-out kiosks. Funds collected through the program through March 31, 2026, will directly support the Virginia State University Foundation’s mission to advance educational opportunities, student success, and institutional excellence at Virginia State University. Live! Casino Virginia’s program is part of the casino’s ongoing community engagement and corporate social responsibility efforts, designed to make giving back simple and impactful for guests. Last year, Live! Casinos across the country distributed millions of dollars to local charities through the initiative. Each quarter, a new local nonprofit will be selected as a recipient of the program.
The post The Cordish Companies, Bruce Smith Enterprise and Live! Casino Virginia Celebrate Opening of Central Virginia’s First Full-Scale Casino appeared first on Americas iGaming & Sports Betting News.
casino apps
CasinoRank Data Reveals an Attention Crisis in Online Casino Gaming
Online casino engagement is breaking down faster than operators anticipated, according to new research by CasinoRank. The analysis tracked player behaviour across 847 slot, crash and live dealer titles over 18 months and shows that while players are logging into casinos more frequently, their willingness to stay and engage is declining. Session frequency rose 23% year over year, while median session duration fell 18%, pointing to a shift towards shorter, faster interactions rather than sustained play.
The research draws on aggregated session data from 40 operators across Europe, Latin America and Asia between Q2 2024 and December 2025. Across markets, a consistent pattern emerged: platforms that introduced additional layers between app open and first gameplay experienced higher early-session abandonment, even when traffic increased. Personalisation layers, lobby restructuring, promotional overlays and navigation changes that delayed the first meaningful interaction were repeatedly linked to players exiting before placing a bet.
Key patterns:
• Players opening casino apps more often but exiting earlier
• Higher abandonment when friction appears before first gameplay
• Steeper retention declines as response times reach double-digit seconds
• A growing share of session losses occurring before gameplay begins.
The findings suggest the window to earn engagement has collapsed to seconds. Mobile-first behaviour has reduced tolerance for slow loading, unclear navigation or delayed gameplay. Retention declines steadily as response times increase, with the sharpest drop once delays extend into double-digit seconds.
Game performance data reflects the same shift. Titles built around immediately understandable mechanics consistently maintain top-ranking visibility longer than feature-heavy games with layered bonus structures or complex progression systems. As engagement windows shorten, complexity is increasingly perceived as friction rather than innovation.
Dylan Thomas, credibility lead at CasinoRank, said the findings point to a structural change rather than a temporary fluctuation. “Engagement is not falling. It is fracturing. Players are returning more often, but committing less time per visit,” Thomas said.
“Platforms now have seconds, not minutes, to earn the first meaningful action.”
The post CasinoRank Data Reveals an Attention Crisis in Online Casino Gaming appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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