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IGT Wins “Sustainable Business Award” in 2020 Industry Community Awards

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International Game Technology PLC announced today that it recently won the “Sustainable Business Award” for gaming industry suppliers in the 2020 Industry Community Awards. In its inaugural year, the Industry Community Awards recognizes companies and individuals within the gaming industry that have gone above and beyond in helping others and in tackling major issues brought on by the pandemic.

IGT was honored for its sustainable business practices that are anchored by four key pillars: Valuing our People, Advancing Responsibility, Supporting our Communities, and Fostering Sustainable Operations.

“IGT’s commitment to sustainable business practices guides our every action and continues to create value for our employees, customers and stakeholders,” said Wendy Montgomery, IGT SVP Global Brand, Marketing and Communications. “IGT winning the ‘Sustainable Business Award’ in the 2020 Industry Community Awards is a reflection of our company-wide dedication to supporting our people and the communities where we do business, and a byproduct of the hard work and focus of our global workforce.”

The Industry Community Awards are produced by the same organization responsible for the annual International Gaming Awards and the Women in Gaming Diversity Awards. To learn more about IGT’s leadership in corporate social responsibility and to access the Company’s 2019 Sustainability Report visit IGT.com

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Bonus Reels™

Relax Gaming takes slot appeal to the next level with the launch of Bonus Reels™

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Relax Gaming, the iGaming aggregator and supplier of unique content, has unveiled Bonus Reels™, a brand-new bet option that lets players significantly increase their chance of entering bonus game rounds.

Designed to add pace and excitement, Bonus Reels™ offers a simple, toggle-on experience that elevates slot appeal to the next level. Unlike a traditional feature buy, Bonus Reels™ gives players a vastly increased bonus-entry chance for 10x the base bet while keeping RTP and return efficiency the same.

When enabled, the reels are populated solely with bonus-triggering symbols or blanks, providing a streamlined path into Bonus rounds, and Super Bonus Rounds where applicable.

To activate Bonus Reels™ players switch a toggle to trigger a “super-charged” spin priced at 10x the base stake, offering a 1-in-10 chance to start a bonus game. It’s an optional, faster way to experience bonus content without bypassing the core game entirely.

Currently, five games are available to operators with Bonus Reels™, Bill & Coin 2 Mummy Mischief, Jumbo Juicy, Conquer Babylon, Aura God and Ancient Tumble.

Looking ahead, selected all-network Relax releases are set to include Bonus Reels™, with no additional setup required; Relax will “flip the switch,” with the bet option already pre-certified.

Martin Stålros, CEO of Relax Gaming, said: “Bonus Reels™ is about giving players choice and momentum. For those who love the thrill of bonus features, this offers a quicker route into the action while maintaining the same RTP. It’s easy for operators to enable Bonus Reels as it is pre-certified and fits seamlessly into our network titles. We’re excited to roll it out, starting with five launch games and expanding rapidly from there.”

The post Relax Gaming takes slot appeal to the next level with the launch of Bonus Reels™ appeared first on European Gaming Industry News.

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Aquisitions/Mergers

Gregorio Araneta to Sell its Entire 57% Stake in PhilWeb to Nexora Holdings and Velora Holdings

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Philippine eGames provider PhilWeb’s principal shareholder Gregorio Araneta Inc (GAINC) is going to sell its entire 57% stake in PhilWeb to Nexora Holdings Inc and Velora Holdings Inc for a total consideration of Php1.8 billion (US$30.8 million), representing 829,574,354 common shares.

GAINC is owned by Gregorio “Greggy” Araneta III, a member of the powerful Araneta family and the brother-in-law of Philippines President Ferdinand Marcos Jr.

Given that the transaction would involve control of more than 35% of the outstanding voting shares of PhilWeb, the buyers will be required to conduct a mandatory tender offer to remaining shareholders to acquire full control of the company as per local laws.

PhilWeb noted that the buyers are closely linked to the company, with current PhilWeb President & Director Edgar Brian K. Ng also serving as President, Chairman & a Director of Nexora, while current PhilWeb Vice Chairman and Director Crisanto Roy B. Alcid is a Director and the Treasurer of Nexora.

The post Gregorio Araneta to Sell its Entire 57% Stake in PhilWeb to Nexora Holdings and Velora Holdings appeared first on European Gaming Industry News.

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Betsson Greece

Betsson Supported Crete Half Marathon as Official Sponsor

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Continuing its longstanding commitment to supporting sports and local communities, Betsson Greece was once again present at one of the island’s most anticipated sporting events.

Celebrating its tenth anniversary this year, the Crete Half Marathon has become a flagship event for the region, attracting thousands of runners from Greece and abroad. Participants took part in the 21.1 km, 10 km and 5 km races, as well as children’s and inclusive races for people with disabilities, reinforcing the event’s inclusive spirit.

Betsson brought vibrant energy to the event, with its lively fan zone becoming a central meeting point for runners and spectators alike, offering gifts, activities and smiles throughout the day. Representing the company at the event, Thanos Marinos, Managing Director of Betsson Greece, took part in the awards ceremony and emphasised Betsson’s commitment to initiatives that promote sports and celebrate the rich culture of Crete.

Adding to the day’s excitement, OFI football players Giannis Theodossoulakis and Manolis Faitakis joined the festivities, engaging with participants, posing for photos and sharing words of encouragement, further amplifying the spirit of community and togetherness that defines the event.

Through its sponsorship of the International Crete Half Marathon, Betsson Greece once again underlines its dedication to promoting sports, fair play and social inclusion. Supporting major and local sporting events across Greece, Betsson continues to champion initiatives that strengthen community bonds and highlight the positive power of sport in society.

The post Betsson Supported Crete Half Marathon as Official Sponsor appeared first on European Gaming Industry News.

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