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Royale Finance Raises $1.45 Million to Bring Decentralized Finance to iGaming

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Royale Finance introduces liquidity pools to support iGaming companies that use provably fair algorithms that are by default verifiable and transparent

Royale Finance today announced it has raised $1.45 million to merge DeFi with iGaming, a multi-billion dollar market that includes online casinos, sports betting, poker, prediction markets, lotteries, and more. Royale Finance is a cross-chain DeFi solution that uses liquidity pools to provide funding for iGaming startups, supporting innovation and transparency in a fast-moving, competitive sector. Contributors to Royale’s funding round include Alphabit Fund, AU21 Capital, Fomocraft Ventures, Kyros Ventures, and Vendetta Capital.

The online gambling market is expected to reach $127.3 billion USD by 2027, a compound annual growth rate of 11.5 percent. Researchers say that the rise of digital assets and secure digital payments are contributing to the sector’s growth. However, many online games have little transparency in how they operate, leading to concerns over trustworthiness among both players and the platforms that feature them.

Royale Finance solves this by supporting iGaming platforms that use provably fair algorithms,  which randomize number generation ensuring that players cannot be cheated and are a verifiable source of truth. As a double layer of security, these random number generators (RNG) are also certified by an accredited testing lab for quality assurance. For any iGaming startup to access liquidity within the Royale Finance network, it must be licensed and have its provably fair RNG certified. Royale provides an incentive for developers to make their games fair, and provides online casinos with the confidence that any Royale-supported game has achieved this standard of trustworthiness.

“Centralized finance has stifled innovation in the iGaming sector. There is a lack of accountability and transparency, with too much control in the hands of few,” said Giorgio Andrews, CEO of Royale Finance. “Royale takes a hybrid approach that combines blockchain technology and DeFi to bring both fairness and accessibility to the sector, opening the door to the next wave of innovators. By doing this, not only will iGaming startups earn more, but every online casino operator will soon be able to attract provably fair games supported by our network and token holders.”

The Royale Finance ecosystem is powered by ROYA, a valueless governance token used to coordinate between DeFi liquidity providers within the Royale Finance stablecoin collateral pool, which disperses loans to iGaming startups. Token holders vote on which games to support, and developers keep their equity while they build and launch their games. This ‘optimized liquidity’ helps seamlessly power iGaming innovation, and is the first network-driven liquidity approach bridging DeFi with iGaming.

Along with this network-driven liquidity, Royale Finance optimizes liquidity pools within the ecosystem to provide sustainable yield. Following the completion of their Version 1 Web 3.0 App, Royale Finance will build a suite of provably fair games available to online casino operators. The project also aims to eventually transition to a complete Decentralized Autonomous Organization (DAO) as the technology develops.

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Africa

Booming Games and SportPesa forge strategic partnership to elevate the African gaming market

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Booming Games is thrilled to announce a significant milestone in its growth journey through a strategic partnership with the leading African operator, SportPesa. This collaboration marks a pivotal step forward in Booming Games’ mission to expand its footprint in the African gaming market.

As a result of this partnership, Booming Games’ high-quality slots are now seamlessly integrated into SportPesa’s platform, enabling players across Africa to access an array of top-performing titles.

Notable games include fan favourites such as ‘Burning Classic’, ‘Gold Gold Gold’, ‘TNT Bonanza’, and ‘Cash Pig’. Additionally, SportPesa’s players will now have access to Booming Games’ diverse portfolio, featuring exciting games like ‘Ronaldinho Spins’, ‘Power of the Vikings’ and ‘Buffalo Hold and Win’.

This collaboration underscores SportPesa’s commitment to growth and innovation, as well as its strategic focus on fostering robust partnerships to achieve new heights in the global gaming industry with partners such as Booming Games.

Solomon Godwin, Head of Africa at Booming Games, expressed his enthusiasm: “We’re delighted to continue our expansion in the African betting markets, and SportPesa’s strong and trusted brand will only enhance these possibilities. Our slot offerings are as wide-ranging as they are high quality, providing exceptional entertainment and sustainability for their customers. We believe we can offer real value to African players.”

Paul Wilson, Senior Product Manager at SportPesa, added: “We are very happy with the new partnership with Booming Games. Offering their immersive, dynamic, and vibrant games to our customers in Kenya, Sportpesa Tanzania, and around the globe on our platform is exciting. Booming Games’ titles will be a great addition to our market-leading casino lobby, and I’m sure our customers will enjoy playing them.”

The post Booming Games and SportPesa forge strategic partnership to elevate the African gaming market appeared first on European Gaming Industry News.

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Hula Moolah

SlotMatrix turns up the heat with Powderkeg Studios’ Hula Moolah

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SlotMatrix, the world’s largest casino aggregator, is bringing the fire with the launch of Hula Moolahan explosive new slot from Powderkeg Studios.

Set in a tropical paradise where Tiki gods rule and volcanoes erupt, Hula Moolah turns every spin into a molten-hot chance to win. The game’s centrepiece is the Hold & Spin Feature, ignited when the vibrant Tiki Wilds leap into the volcano. 

The wins from the triggering spin become lava that fuels the feature, heating up rewards to new, fiery levels.

Tiki Sacrifices can appear at any time to boost adjacent multipliers and reset the number of spins, creating a chain reaction of escalating rewards. Each sacrifice upgrades nearby Lava Pools, with multipliers rising up to 25x, offering explosive potential with every spin.

The excitement continues with the Free Spin Bonus, where more Tiki Wilds join the reels to increase the odds of triggering Hold & Spin. Landing 3, 4, or 5 Bonus symbols awards up to 12 Free Spins, with retriggers keeping the heat alive. 

Hula Moolah is exclusively distributed via SlotMatrix, and as with all SlotMatrix exclusive titles, is enhanced by EveryMatrix’s proprietary gamification tools, including free spins and leaderboards.

The slot can also be seamlessly integrated with EngageSuitethe all-in-one player loyalty solution.

Stephen Orchard, Head of Commercial Operations, SlotMatrix, said: “Powderkeg Studios outdid themselves with this one. Hula Moolah is pure fire. A high-impact game that blends immersive design with thrilling mechanics that deliver real intensity, making this one of our most explosive titles yet.”

Jesper Gawell, COO & CMO, Supremeland Gaming, added: “We are proud to support Powderkeg Studios in bringing Hula Moolah to life exclusively with SlotMatrix. This partnership lets us focus on bold concepts and premium execution. SlotMatrix provides the right tools to turn great games into hits.” 

The post SlotMatrix turns up the heat with Powderkeg Studios’ Hula Moolah appeared first on European Gaming Industry News.

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3 Ribbon Pots

Tom Horn Gaming Unveils 3 Ribbon Pots. A Fresh Twist on the Hold & Win Formula

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Tom Horn Gaming invites players to step into a world of emerald fields, leprechauns, and hidden treasures with its latest release, 3 Ribbon Pots. Launching on 11 November, this fast-paced slot delivers a new take on the popular Hold&Win mechanic, adding depth, variety, and smoother gameplay.

Variety and Interaction: Hold&Win with a Twist

In the land of lucky charms and golden rewards, three enchanted pots await, each bound by a ribbon of destiny. As players spin the reels, every red, green, and blue coin that lands on the reels fills its matching pot, triggering the Hold&Win bonus game.

Each coin colour and pot type is tied to one of the three Hold&Win modes: red to jackpots, green to collectors, and blue to multipliers. These three modes can be combined dynamically. They may appear alone as a Green Collector Coin, Red Jackpot Coin or Blue Multiplier Coin, or in combinations: Red Jackpot and Blue Multiplier; Red Jackpot and Green Collector; Red Jackpot and Blue Multiplier; Green Collector and Blue Multiplier. Each combination changes how the bonus game behaves, creating up to seven unique versions of the Hold&Win feature.

Super Hold&Win: The Ultimate Hold&Win Experience

When all three coins land simultaneously, they activate the Super Hold&Win bonus game. Both Hold&Win and its super version begin with three respins on a 3×3 grid where Value Coins, Jackpot Coins, Collector Coins, and Multiplier Coins can appear. All symbols that land, lock in place and reset the respins, building anticipation as players chase multipliers of up to x10 and the Grand Jackpot, awarded when all reels are filled with bonus symbols.

For players who prefer to dive straight into the action, the Bonus Buy options provide instant access to the regular Hold&Win feature for 50x the bet or the Super Hold&Win for 120x the bet.

A High-Performance Slot Designed to Engage

Designed with player experience in mind, 3 Ribbon Pots combines fast spin cycles, frequent feature triggers, flexible spin-stop options, and two acceleration modes: turbo and super turbo, which give players full control over the rhythm and speed of the game. This versatility makes it equally appealing to both casual and high-value players. With its high volatility, a whopping maximum exposure of 15,985.5x, the game delivers the perfect balance of excitement and high win potential to keep players engaged.

“With 3 Ribbon Pots, we wanted to refine the Hold&Win experience to feel smoother, more dynamic, and more rewarding than ever,” said Ondrej Lapides, CEO at Tom Horn Gaming. “The addition of three distinct pots tied to the coin mechanic not only enhances gameplay variety but also delivers a more engaging rhythm of anticipation and reward, keeping players hooked for longer”

3 Ribbon Pots is the latest addition to Tom Horn Gaming’s growing portfolio of slots. With its combination of charm, speed, and high win potential, the game stands as a strong contender in the coin mechanic category, designed to captivate both casual spinners and seasoned slot enthusiasts across multiple markets.

The post Tom Horn Gaming Unveils 3 Ribbon Pots. A Fresh Twist on the Hold & Win Formula appeared first on European Gaming Industry News.

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