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UK Gaming Company Six to Start Bought by Australian Listed Olivex in USD9.5m Deal
UK company Six to Start Limited (Six to Start) is pleased to announce that it is being acquired by OliveX Holdings Limited the digital health and fitness company. OliveX will acquire 100 per cent of the issued shares of Six to Start for an initial cash and share consideration equivalent to US$6,650,000 and deferred, performance-based, consideration in cash and shares of up to US$2,850,000.
Six to Start is an award-winning UK-based game developer and fitness technology company which creates immersive and motivating smartphone audio stories and gaming experiences including Zombies, Run!, The Walk, and Zombies, Run! 5k.
Zombies, Run! is the world’s leading gamified health and fitness app with an average 300,000 active users per month, approximately 50,000 paid subscription users, and a digital fitness platform with augmented reality capabilities that have been recognised as best in class. Multi award-winning novelist Naomi Alderman is the main author of Zombies, Run!
Six to Start’s gamification assets include intellectual property, content creation and distribution channels that are strategically important to OliveX as it continues to commercialise its KARA Smart Fitness mirror – an interactive mirror that updates with live and on-demand workout classes.
As part of the acquisition, Adrian Hon, CEO and founder of Six to Start will become Chief Innovation Officer at OliveX whilst continuing in his role as Executive Director of Six to Start, further driving its growth and the execution of the company’s innovation strategy.
Adrian Hon, CEO, Six to Start said: “Six to Start has built a strong business model and a huge subscriber base of loyal users for our apps including Zombies, Run! and our growth strategy is a perfect fit with OliveX. We’ve both created innovative, game-changing technology that, when combined, will really advance the future of digital fitness making the
OliveX suite of products and solutions truly world leading. I’m incredibly excited to join OliveX as Chief Innovation Officer, and I’m really looking forward to what lies ahead.”
In relation to the acquisition, Hong Kong based Keith Rumjahn, CEO, OliveX said:
“At OliveX we’re passionate about making fitness fun, and that’s exactly what Six to Start does. With average revenues per paid subscriber exceeding £25 a year, and with real growth potential, Six to Start will bring immediate value to OliveX. Most importantly though we see enormous benefit in their global, loyal, subscriber base and the team’s product design and monetisation expertise.”
Tim Cooke, Chairman, and Jo Goodson, Non Executive Director, Six to Start, said: “Adrian and his team have demonstrated the creativity and strength of the UK games industry with the globally recognised brand Zombies, Run!
“Six to Start’s story-driven games have proved incredibly popular during the pandemic-driven lockdowns now that health and fitness are on people’s minds more than ever. Post lockdowns, Six to Start will continue to help millions achieve their fun and fitness goals by combining immersive and engaging online experiences with the real world, alongside massive companies such as Zoom, which have shown how integral they have become to people’s lives.”
OliveX intends to undertake a capital raising to raise a minimum of A$6,000,000 (before costs) in the coming days which will fund its initial cash obligations under the acquisition and provide additional working capital. In addition, OliveX hold a meeting of shareholders in due course to obtain any necessary shareholder approvals (including in relation to the issue of shares and performance rights under the Acquisition).
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Luxury and grandeur await in latest Blueprint Gaming title Midas King of Gold
Blueprint Gaming is inviting players to live like royalty and reign over Phrygia in its latest scatter-pay release, the Greek mythology-themed Midas King of Gold.
Players attempt to turn every touch into gold in this 6×5 scatter pays title, with the King himself appearing in symbols on the game’s richly coloured board alongside royal pillars and ancient artifacts.
The game has a variety of symbols, with eight or more matching symbols paying a win, removing winning symbols which are replaced by new ones cascading into view for enhanced winning potential.
The Midas Touch feature is triggered when any spin lands on the finger symbol anywhere in view. Once activated the background transforms into gold, with the mini reel awarding a cash prize, free spins, or a multiplier, remaining persistent until triggered.
Landing six scatter symbols will trigger 15 King of Gold Spins, where any Midas Touch symbols in view will stay in place throughout the free spins, and multipliers will award at least 10x the bet, with scatter wins multiplied by up to 500x.
In certain regions, players can directly access Midas Spins and King of Gold Spins with the Bonus Buy feature, for the cost of either 100x or 350x the bet.
Jo Purvis, Director of Marketing & Relationships at Blueprint Gaming, said: “The release of Midas King of Gold demonstrates our ability to produce unique and creative titles, with this scatter pays slot appealing to our players with its colourful background and strong feature set.
“The mythology theme stands out in our library of games and the Midas Touch feature offers optimal winning potential for those looking to try and turn spins into gold.”
The post Luxury and grandeur await in latest Blueprint Gaming title Midas King of Gold appeared first on European Gaming Industry News.
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Next-Level Lottery Game by Galaxsys – Meet Lotto Boom
Galaxsys gaming studio proudly presents Lotto Boom, a classic lotto game, where the key to success lies in matching combinations, and determining the outcomes of each game. With its revolutionary features and a wide range of enticing bonuses, Lotto Boom offers players an extraordinary gaming experience that is truly one-of-a-kind.
About Lotto Boom
The game elevates the traditional lotto-style game by offering players unmatched flexibility and excitement. Players engage in a dynamic lotto-style game where they select their tickets and specify bet amounts. Wins depend on matching combinations, and players have flexibility with unlimited bets, re-betting tickets, and marking favorites to boost their odds. In the game, there are Bonus Balls, and for each round, a single Lucky Ticket is provided, further enhancing the overall gaming experience.
Game Highlights:
- Bonus Balls
The game offers a unique bonus feature through golden balls. Each game round includes five golden balls, with the possibility for players to match up to five numbers with the bonus balls on their ticket. - Unlimited Bets
Players have the opportunity to place unlimited bets and aim to win with the highest possible odds. - In-Game Jackpot
The game introduces an exciting In-Game Jackpot feature, adding an extra layer of thrill and anticipation to each round. - Up To 3 Winning Rounds
To secure a win after the 1st draw, players must match all 5 numbers in any row of a ticket. To win after the 2nd draw, they need to match 10 numbers across two rows on one ticket. Finally, to win after the 3rd draw, players must achieve a “full house” with all numbers on a ticket matching.
Provable Fairness
Galaxsys only uses the most reliable and high-end Random Number Generator technologies to ensure true randomness.
The post Next-Level Lottery Game by Galaxsys – Meet Lotto Boom appeared first on European Gaming Industry News.
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Play’n GO’s Boat Bonanza Down Under is a bonza catch
In this sea-faring sequel, players will head to the Australian coast to make some big catches. But they’ll have to be wary as the critters in these waters can bite back!
This latest launch expands on the incredibly popular fishing slot series of Boat Bonanza. Following on from the first sequel Boat Bonanza Colossal Catch, this next title sees players heading down under for a much-needed vacation. But any experienced fisherman will tell you to be cautious even when fishing for fun: the locals that live in these waters have some pretty sharp teeth and are looking to make some catches of their own. Crikey!
During the base game, players will spin the 5×4 reels creating winning combinations of symbols beneath their floating rubber ring. While the reels spin, players will also get the chance to make use of a number of exciting bonus features, including the Instant Prize Collection, complete with three variants, as well as a Free Spins round with special Enhancements that can be chosen. These bonus Enhancements for the Free Spins round each boast a different way to enhance win value and chance during the round.
Players that enjoy previous titles in the Boat Bonanza series as well as games such as Mega Don Feeding Frenzy and Sea Hunter, will be excited to try this latest addition to the sea slots collection. The title features familiar gameplay mechanics and designs as the previous Boat Bonanza games, while keeping things fresh with a range of new features and updated designs, including the Australian backdrop and sea life.
George Olekszy, Head of Game Retention at Play’n GO said: “Bringing a new addition to the Boat Bonanza series after the great reception of previous titles was a no-brainer for us. Our sea slot titles are incredibly popular among fans and the art style and gameplay of releases like Boat Bonanza Down Under is something we’re very proud of. We can’t wait for fans to try this one out!”
Boat Bonanza Down Under throws another shrimp on the Play’n GO barbecue this year, bringing yet another instant classic to their library of sea slots.
The post Play’n GO’s Boat Bonanza Down Under is a bonza catch appeared first on European Gaming Industry News.
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