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QTech Games appoints Staffan Lindgren to the position of Global CEO

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Leading distributor elevates industry veteran Staffan Lindgren to continue rapid expansion of its global footprint

QTech Games, the leading games distributor for Asia and all growth markets, has appointed Staffan Lindgren to the combined roles of Global CEO and Chairman, as it seeks to expand its scope and global footprint across the industry.

Lindgren was brought into QTech Games’ structure via last year’s major merger with prominent games reseller, Epic Media, a move which consolidated the QTech platform’s position at the forefront of the industry for taking the best online games to market across emerging territories.

Lindgren is also a co-founder of the gaming provider NYX Interactive, which subsequently became part of the NYX Gaming Group. Since inception, NYX has been central to supplying many of the world’s largest operators with key gaming technologies, both in the private and public sectors, including national lotteries. More broadly, Lindgren brings over 20 years’ experience in the technology and finance industry to bear at QTech Games, bolstering and uniting its board’s collective competencies.

Leveraging deep experience and expertise, alongside an extensive network of long-standing relationships, Lindgren is well-positioned to lead on corporate strategy and business development at a time when acceleration in the digital entertainment sphere is at its zenith.

The Board of QTech Games issued a statement saying: “We’re delighted that Staffan has agreed to take the helm at QTech Games for 2021 and beyond. We’ve always been intent on recruiting the best people on the planet, not just the best games, and this crucial hire represents the embodiment of that mission statement, as our progressive company looks forward to turning the page on many more exciting chapters. To have one of the sector’s most proven performers head up QTech Games is a resounding endorsement of all our team’s hard work in recent years.

“We now have a Global CEO who has routinely demonstrated his abilities in the highest-growth gaming domains, from venture-capital vehicles and on to multinational blue-chip firms. This array of multi-faceted knowledge, coupled with his engaging team leadership and flair for bottom-line accountability, make Staffan the perfect choice to steward the targeted development of our worldwide expansion into new territories.”

Staffan LindgrenGlobal CEO and Chairman at QTech Games, added: “It’s a genuine thrill to be taking on this fresh challenge alongside one of the sharpest teams I’ve met in the industry. After another record year of sustained growth in 2020, enhancing the speed and performance of all games on its platform, QTech has careered into the industry consciousness with a series of new top-tier deals and innovative tools. Just take the landmark launch of our industry-first, cross-supplier rewards feature, Network Progressive Jackpot, unpacking a cutting-edge acquisition-and-retention toolbox for our international partners. It’s only a small sign of what’s to come.

“I’ve been active in Asia for a long time, but this is the ideal point at which to press my skills into more structured service at QTech Games. We remain the prime mover in Asia, while other key growth territories are swiftly following suit. Implementing the correct strategy in our ‘two cornerstones’ model has been pivotal. Firstly, beyond the great games, fully owning the technology sets QTech apart, enabling us to offer a number of flexible features which no competitor can rival. And secondly, outside of Asia, we’ve secured strongholds in all the important “margin” markets, demonstrating organic growth across channel and border. It grants us a unique position and status in the space.

“In short, QTech Games are not just an Asian aggregator but are also attracting clients from all over the world. Latin America, Eastern Europe and we’ve staked a firm grasp on the Indian market, too, stealing a match on the competition. I’m certain that we can now build on this success and gain even more market traction. Such is the combined quality and passion of the team (from our machine-learning software to our localised departments across the planet) the distributional capacity is already there to facilitate QTech Games’ transition into one of the largest providers of digital entertainment around.”

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Spinomenal releases 3 Magical Genies slot with Hold & Hit bonus

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Spinomenal has released a new slot title, 3 Magical Genies, expanding its content portfolio with an Arabian-themed game built around a Hold & Hit-style Bonus Game.

The supplier said the game’s Wild symbol substitutes for all symbols except the Bonus, Boost, Collect, Multi and Jackpot symbols, with five Wilds on a winning line paying x10 the bet.

3 Magical Genies includes four Special Bonus symbols—Bonus, Boost, Multi and Collect—designed to affect symbol values during the Bonus Game. Spinomenal said a Mystery symbol can also appear in the feature, transforming into a Boost, Multi, Collect or Jackpot symbol.

According to the company, landing six or more qualifying symbols triggers the Bonus Game with three bonus spins and locked triggering symbols. During the feature, prizes can range from x1 to x10 multipliers of the total bet, alongside a Mini Jackpot (x20), Minor Jackpot (x50) or Major Jackpot (x150). Filling the grid awards the Grand Jackpot, set at x3,000 the total bet, Spinomenal said.

Spinomenal CO-CEO, Omer Henya commented: “3 Magical Genies brings the magic of the Arabian world to life, where riches are within reach for those with luck on their side. The Hold & Hit mechanic, alongside the four Special Bonus symbols, makes this a magical ride full of golden promise.”

The post Spinomenal releases 3 Magical Genies slot with Hold & Hit bonus appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Predictor by Slotegrator, a prediction market engine for iGaming brands, available for pre-order

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Predictor by Slotegrator is a prediction market engine packaged for iGaming operators that will bring the booming trend of event betting to any platform. Currently available for pre-order to a select group of Slotegrator’s clients, Predictor is a true prediction market, using a P2P model and updating odds after every bet. This model captures the appeal of the vertical while protecting operators’ margins.

Predictor by Slotegrator, a prediction market engine developed by leading iGaming software and business solution provider Slotegrator, is available for pre-order. By integrating Predictor, operators will allow their players to buy binary contracts on real-world events using a P2P exchange model. Odds are updated automatically, and operators earn a fixed commission on bets, providing zero-risk revenue.

“Predictor is a natural extension of our product philosophy. At Slotegrator, we believe that technology doesn’t follow trends but shapes them,” said Olga Ivanchik, COO. “The prediction market model is still in its early stages in iGaming, and we are among the first to package this mechanism for casino and sportsbook operators in a scalable, product-ready format. It marks a step toward a more adaptive and diversified operator offering.”

Prediction markets are a massive global trend. Bloomberg reported in February that Kalshi was handling more than $2 billion per week in bets, with Polymarket close behind. Players can bet on everything from sporting events to politics, the price of crypto, and celebrity tweets.

Sportsbook operators who are losing bettors to Polymarket, and want to bring them back by offering unorthodox bets, have the perfect solution in Predictor. Additionally, while classic sportsbooks carry risk on every bet, the P2P exchange model means they will earn on commission. It’s also fast and flexible, with new bets going live in 30 seconds.

Predictor is also ideal for online casino operators looking to increase retention by offering their players betting opportunities beyond traditional casino games, and new operators seeking to capitalize on the global prediction market trend will also benefit from the solution.

Predictor operates on an AMM/LMSR protocol, making it a true prediction market. The pressure created when increasing numbers of bettors select “yes” or “no” directly influences the odds, just like major platforms like Polymarket or Kalshi — and quite different from fixed-odds betting.

Prediction markets are popular not only for the vast array of bets available, but for their real-time data collection; more often than not, the favored outcome on Polymarket or Kalshi in fact comes to pass. This so-called “wisdom of the crowd” has a huge draw for bettors, and carries a huge part of prediction markets’ appeal.

“With Predictor, we are going beyond the usual ways of betting to a model where users actively shape the market. We are giving operators a new way to offer dynamic, event-driven experiences via a single iframe, and completely risk-free,” explained Product Owner Maksym Shtun. “Operators can also create completely unique betting experiences tailored to their own platform — the possibilities are endless.”

Slotegrator will present a demo of the solution at this year’s iGB L!VE, on 1-2 July.

ABOUT THE COMPANY

Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.

The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.

The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.

Slotegrator also provides consulting services in gambling license acquisition and business incorporation.

The post Predictor by Slotegrator, a prediction market engine for iGaming brands, available for pre-order appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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ATG Casino goes live with Fantasma Games slots via EveryMatrix in Sweden

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ATG Casino has gone live in Sweden with slots from Fantasma Games via EveryMatrix, extending an earlier agreement to integrate aggregated content from the supplier.

ATG’s Swedish customers now have access to Fantasma titles including Explosive Banana X, Thundra Hydra Coins Max and Mission Coinplete, among others. Fantasma Games is part of the EveryMatrix Group.

The rollout includes EngageSuite Jackpots. EveryMatrix said the product uses real-time, customisable in-game widgets and allows operators to configure up to four jackpots per game without impacting base bets, with built-in simulation tools to estimate win frequency.

Carl Gatt Baldacchino, Account Management Casino, EveryMatrix, said: “Expanding the ATG® Casino deal with Fantasma Games titles was the natural next step of our partnership. By combining our aggregated and in-house content with our premium jackpot solution, ATG® will deliver a more engaging and differentiated experience to its players.”

Jan Sonnevi, Head of Casino, ATG, said: “Partnering with EveryMatrix has allowed us to introduce high-quality content and innovative engagement features to our players. We already saw how successful these additions were thanks to the record-breaking win registered by one of our players in January.” EveryMatrix noted ATG previously recorded a 1.4 million MEGA Jackpot win earlier this year using EngageSuite Jackpots.

The post ATG Casino goes live with Fantasma Games slots via EveryMatrix in Sweden appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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