Latest News
Dan Bilzerian’s Battle Royale Smashes Expectations With 282,100 Entries In First Fortnight
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Over 80% of those who played on Day 1 enter exciting new game type multiple times
Dan Bilzerian’s Battle Royale, GGPoker’s new poker game combining multi-table Sit & Go mechanics with the wildly popular multiplayer battle arena format, has proven to be the online poker room’s most popular new game launch to date.
Other headline statistics from Battle Royale’s first two weeks include:
Total number of games run – 2,821
Average Duration – 53 minutes 25 seconds
Average 1st Prize – 25.5 times the buy-in (15.6 bounty / 9.9 tournament prize)
Top 1st Prize – $317.33 by Excalibur11 in a $10 buy-in on June 12
Percentage of Day 1 players that have played multiple times:
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80% played 2 or more
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51% played 5 or more
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28% have played 10 or more
Battle Royale is a revolutionary new Sit & Go format inspired by battle arena video games, with each No Limit Hold’em Progressive Bounty game beginning once 100 participants have registered. The game is made up of three levels:
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Level 1: Rush Zone
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Gameplay Format: this is a non-stop action Rush Tournament level, during which players instantly move to a new table and are dealt hole cards whenever their involvement in the previous hand finishes
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Length: level 1 ends once the number of players is reduced to 50 or at the 15-minute mark if more than 50 participants remain; in this circumstance the top 50 players by chip count advance
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Level 2: Shootout Zone
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Gameplay Format: this is a high-intensity shootout level, with the remaining 50 players seated at ten five-handed tables, each playing down to a single surviving participant
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Length: level 2 ends once there is a single surviving player seated at all ten tables; if more than one participant survives at any table after 15 minutes of play, the gameplay changes to Flipout, with the remaining players automatically all-in until all table winners are determined
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Level 3: Final Table
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Gameplay Format: standard final table, with each of the 10 remaining players guaranteed a prize and the outright battle royale victor taking home the winner’s share of the prize pool
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Length: as long as it takes!
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“The action’s been thrilling and intense in equal measures since Dan Bilzerian’s Battle Royale launched,” said Paul Burke, Head of PR at GGPoker. “The percentage of players coming back to take their shot in multiple games has remained at a consistently high level since Day 1, and the feedback we’re getting is overwhelmingly positive.”
New GGPoker players are eligible to claim the poker room’s Welcome Bonus, earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.
For further details on Dan Bilzerian’s Battle Royale, please visit: https://en.ggpoker.com/poker-games/dan-bilzerians-battle-royale/
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Bazk
IBIA establishes innovative Payment Provider Forum to protect the integrity of the sports betting market in Brazil from financial fraud
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Six payment providers have signed a Declaration of Commitment and Participation
In a pioneering move to bolster the integrity of Brazil’s newly regulated and rapidly expanding sports betting market, the International Betting Integrity Association (IBIA) today launched a dedicated Payment Provider Forum with the explicit goal of protecting the market from financial fraud related to competition manipulation. The project has launched with six prominent payment providers already signed up to a Declaration of Commitment and Participation: Bazk, Z.ro Bank, OneKey Payments, OKTO, VPag and Pay4Fun.
With IBIA’s members forecast to generate over 70% of remote gross gambling revenue in Brazil, IBIA will play a key role in protecting the integrity of the sports betting market. Payment providers and other related financial services can also play a crucial role in ensuring the integrity of sports betting. The IBIA Payment Provider Forum has therefore been established to foster collaborative activities that contribute to a robust, secure and responsible gambling market in Brazil.
Regulatory and other institutions linked to financial payments and competition manipulation will be invited to join Forum meetings and engage in the development and implementation of preventative actions against financial fraud.
The Forum will also benefit from IBIA’s extensive knowledge of sports betting integrity issues and trends, obtained from its global integrity monitoring and data intelligence network. That includes many of the world’s largest regulated betting operators, active across six continents, and partnerships with leading sports bodies and gambling regulatory authorities. It will also leverage IBIA’s expertise in establishing industry standards, such as its Data Standards Kitemark.
Khalid Ali, CEO at IBIA, said: “Cooperation between financial services, regulatory authorities and betting operators is essential to address the challenges from financial fraud and to maximise the potential of the sector in Brazil. IBIA is therefore delighted that these major payment institutions have agreed to explore collaborative activities to protect the market. Working together, we can create a sustainable and thriving sports betting market in Brazil that benefits all stakeholders. Cross-sector partnership working is a central pillar of IBIA’s global activity, and the association will be assessing the potential benefits of replicating this group in a wider international setting.”
To that end, the Declaration’s signatories have committed to:
- Collaborate in the development of standards and best practices for payment processing.
- Engage with regulatory bodies to defend a robust, fair and effective regulatory framework.
- Promote responsible gambling and consumer, market and sporting event protection.
- Share knowledge and expertise to innovate and improve the payments ecosystem.
- Maintain the highest standards of ethical conduct and compliance with regulations.
The first meeting of the Forum will take place during SBC Rio.
The post IBIA establishes innovative Payment Provider Forum to protect the integrity of the sports betting market in Brazil from financial fraud appeared first on Gaming and Gambling Industry in the Americas.
Financial reports
Gambling.com Group Announces Preliminary Record 2024 Fourth Quarter Revenue of Approximately $35.2 Million, Net Income of Approximately $7.8 Million and Adjusted EBITDA of Approximately $14.7 Million
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Introduces 2025 Guidance for Revenue of $170 to $174 Million and Adjusted EBITDA of $67 to $69 Million
Will Report 2024 Fourth Quarter and Full Year Results on March 20 and Host Conference Call and Webcast
Gambling.com Group Limited, a fast-growing provider of digital marketing services for the global online gambling industry, today provided select preliminary financial results for the fourth quarter and full year periods ended December 31, 2024. In addition, the Company introduced 2025 revenue and Adjusted EBITDA guidance as detailed below.
Preliminary 2024 Fourth Quarter Results:
- Total revenue of approximately $35.2 million
- Net Income of approximately $7.8 million
- Adjusted EBITDA of approximately $14.7 million, representing an Adjusted EBITDA margin of 42%1
- Cash flow generated by operating activities of approximately $13.6 million
- Free Cash Flow of approximately $13.1 million1
Preliminary 2024 Full Year Results:
- Total revenue of approximately $127.1 million
- Net Income of approximately $30.5 million
- Adjusted EBITDA of approximately $48.5 million, representing an Adjusted EBITDA margin of 38%1
- Cash flow generated by operating activities of approximately $37.6 million
- Free Cash Flow of approximately $41.5 million1
“Our preliminary, record 2024 fourth quarter and full year results surpassed expectations due to our relentless focus on execution and the ability of our global portfolio of websites to continuously drive valuable, high intent traffic to our customers in a capital efficient manner,” said Gambling.com Group co-founder and CEO, Charles Gillespie. “Our operating performance continues to be led by the strong growth trajectory and attractive unit economics of iGaming revenue across all our operating regions. As reflected in our initial revenue and Adjusted EBITDA guidance for 2025, we are confident that our great positioning will drive yet another year of record performance with impressive continued revenue, Adjusted EBITDA and Free Cash Flow growth.”
The preliminary unaudited results provided in this release are derived from preliminary internal financial reports and are subject to revision based on the Company’s procedures and controls associated with the completion of its 2024 fourth quarter and full year financial reporting.
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- Represents non-IFRS information. See “Non-IFRS Financial Measures” and the tables at the end of this release for an explanation of the adjustments and reconciliations to the comparable IFRS numbers.
2025 Outlook
The Company today also introduced full year 2025 guidance for revenue of between $170 million and $174 million and Adjusted EBITDA of between $67 million and $69 million.
The Company’s guidance assumes:
- Incremental Adjusted EBITDA contributions of approximately $14.5 million related to the acquisition of Odds Holdings, Inc. that was completed on January 1, 2025.
- While online sports betting is expected to begin in Missouri in the second half of 2025, the Company’s guidance policy excludes any benefits from new state launches until such time as a definitive start date is announced by the appropriate regulatory body.
- An average EUR/USD exchange rate of 1.05 throughout 2025.
2024 Fourth Quarter Conference Call and Webcast
Gambling.com Group will release its 2024 fourth quarter and full year results before the market opens on Thursday, March 20, 2025, and host a conference call and simultaneous webcast at 8:00 AM ET that day. During the call, Gambling.com Group Chief Executive Officer and Co-Founder, Charles Gillespie, and Chief Financial Officer, Elias Mark, will review the Group’s financial results and provide a business update, followed by a question-and-answer session.
The post Gambling.com Group Announces Preliminary Record 2024 Fourth Quarter Revenue of Approximately $35.2 Million, Net Income of Approximately $7.8 Million and Adjusted EBITDA of Approximately $14.7 Million appeared first on Gaming and Gambling Industry in the Americas.
Latest News
St8 agrees partnership to integrate Tequity’s White Label Originals
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Next-generation content aggregator St8.io has teamed up with fast-growing iGaming software pioneer Tequity to integrate its new White Label Originals product.
St8 operator partners are now among the very first to gain access to White Label Originals, which hands them the power of unprecedented customisation.
This includes the ability to change the theme of the games to match casino branding, adjusting RTP, Max Win and Max Exposure, and even choosing whether to offer titles with provably fair technology or via a classic RNG model.
Krzysztof Opałka, CEO and CTO at Tequity, said: “Some of the most exciting casino brands in the world have found success offering their own branded titles. White Label Originals makes this simpler than ever for fast-growing operators who want to give their players something truly bespoke. We’re thrilled to bring this exciting new vertical to St8, one of the most forward-thinking aggregators in the industry.”
Vladimir Negine, founder and CEO at St8, added: “We’re focused on offering our operator partners the power to completely customise the user experience, and integrating Tequity’s White Label Originals is another huge step in this direction. We’re massively impressed by the product, and some of our partners are already making great use of it.”
Among the first games launched via White Label Originals is a collection of content particularly loved by streamers, millennials and Gen Z, including Crash, Mines, Plinko and Dice.
The post St8 agrees partnership to integrate Tequity’s White Label Originals appeared first on European Gaming Industry News.
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