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Lady Luck Games signs exclusive Letter of Intent with the intention of acquiring Revolver Gaming
Lady Luck Games has signed an exclusive Letter of Intent (LOI) with the intention of acquiring Revolver Gaming. The London-based studio provides innovative and high-quality games under its own brand. Its games are developed in HTML5 and distributed through its own RGS platform.
Through Revolver Gaming’s own aggregator platform, the company offers a frictionless integration to third party gaming providers with distribution to its growing network of operator customers. It also offers a customised game design and development service with which the company produces tailored and exclusive content of the highest industry standard in everything from concepts, mathematics, art and sound to programming and integration.
Revolver boasts 15 unique games, with nearly 30 integrations reaching markets and countries in Europe, South America and Asia. The company has a strong development roadmap, with a number of new games also due for release in the coming six months. This game and integration pipeline will be further enhanced with the support of Lady Luck Games, accelerating growth and reach into 2022.
By the completion of this transaction, Lady Luck will add two new operational partners in the form of Carl Waahlin and John Penntoft. Waahlin is an iGaming professional with over 20 years experience at delivering innovative and game changing products to Asia whilst Penntoft is an Asia-based entrepreneur and early phase investor in iGaming and tech.
Mads V. Jørgensen, CEO of Lady Luck Games said: “This is our second acquisition in the last three months and I am pleased to be able to show our shareholders and the market that we are delivering on our set acquisition strategy.
“The fact that LL Lucky Games can acquire a company of this calibre is a clear signal of strength. We have identified a number of clear synergies and I am extremely happy to have the privilege of working with the ambitious team at Revolver Gaming in the future.
“By combining the innovation of the Revolver Team with the industry know-how of two iGaming legends like Carl Waahlin and John Penntoft, I am convinced that we will have great benefit in the coming years by utilising their expansive knowledge and networks, particularly in the important Asia market.”
Daniel Lazarus, founder of Revolver Gaming, said: “The opportunity for a merger between Lady Luck Games and Revolver Gaming is fantastic for both parties. Ever since we started our first discussions, we have been impressed by their passion for our business and their willingness to support our ambitious plans for the future.
“The potential synergies, the expanded market reach that the deal brings and the amazing team at has convinced us that Revolver, with support from Lady Luck, will continue to develop in the best possible way and further strengthen our commercial presence and customer offering. We are glad to start this journey together and look forward to exciting years ahead.”.
Carl Waahlin, new operational partner of Lady Luck Games, added: “The team at Revolver has built a fantastic portfolio of games by focusing on a gamified and interactive approach that appeals to a wide range of players, not just traditional RNG players.
“By combining Revolver’s content and know-how with Lady Luck’s proven ability to aggressively acquire content to refine and launch to the market, we create a very exciting opportunity for everyone involved. I am extremely interested to see what these two brands can accomplish together on a global scale – especially in the rapidly evolving Asian markets.”
The parties have agreed that the purchase price shall consist of a combination of cash and newly issued shares. The cash part amounts to EUR 750,000. The other part of the purchase price is paid against a reverse that is then set off against approximately 4,200,000 newly issued shares in LL Lucky Games AB (publ) through a set-off issue made at a stock price of SEK 3.00. This should be seen in relation to the fact that the Company’s total number of outstanding shares as of today amounts to 44,905,472. The dilution through the offset issue amounts to approximately 8.5%.
The parties intend to complete the transaction in Q4 2021-Q1 2022 following the usual due diligence procedure.
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Alex Baliukonis Game Producer at BGaming
Experience Olympic Excitement in BGaming’s Winter Trophy Hold & Win
Swiftly growing content supplier embraces the Olympic vibe with a fresh athletic slot launch.
Renowned iGaming content provider BGaming encourages players to team up with a group of charismatic athletic contenders as they hit the ice and strive for victory in Winter Trophy Hold and Win.
The slot places players at the center of a vast stadium, framed by snow-covered mountains as a variety of thrilling sports and games unfold. An energetic soundtrack enhances the action, as the crowd’s roar motivates the players.
Team up with an energetic snowboarding rabbit, a jolly curling penguin, a fashionable ice-skating fox, and a daring downhill skiing tiger on the reels as they seek the ultimate treasure. Don’t be deceived by this adorable design: the slot delivers a chilling impact when it comes to winnings. It features a highly unpredictable math model, achieving a 96.14% RTP and a maximum payout of x5,624.
Winter Trophy Hold and Win offers an extensive array of unique features, featuring its thrilling Hold and Win bonus prominently. This occurs in the Coin Respin phase, where players can gather Coin values reaching x20. Gathering 15 Coins will trigger the Mega Jackpot, valued at x5,000. The game includes a Free Spins bonus with symbols that offer high payouts.
As the Winter Olympics approach, Winter Trophy Hold and Win serves as an ideal slot to engage sports enthusiasts throughout the significant occasion.
Alex Baliukonis, Game Producer at BGaming, said, “The Winter Olympics is always an exciting time, and what better way to get in the mood for this year’s event than with a winter-sports-themed slot?
Our team have created a colorful cast of characters that really captures the fun of the Olympics. This, combined with the slot’s engaging gameplay and Bonus games, is sure to make Winter Trophy Hold and Win a hit with players.”
The post Experience Olympic Excitement in BGaming’s Winter Trophy Hold & Win appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
casino
PlayStar Expands New Jersey Casino Offering with Greentube Content Integration
PlayStar has expanded its online casino offering in New Jersey through a new content partnership with Greentube, the NOVOMATIC Digital Gaming and Entertainment division.
This fresh integration now makes a selection of the supplier’s top titles available on PlayStar, adding both recent releases and established games that have performed consistently across regulated US markets.
The launch is also an action of PlayStar’s ongoing strategy to broaden its content portfolio with suppliers that have a proven track record of success in the United States.
New additions to the PlayStar online casino include Greentube’s latest titles, such as Piggy Prizes
: Wand of Riches
2, Firecracker Frenzy
: Empress Wealth and Starlight Jackpots
: Odds of the Gods. These are complemented by several established games familiar to US players, including Charming Lady’s Boom, Silver Lux Big Win Spinner, and Thunder Cash
– Dolphin’s Pearl
.
The selected titles newly featured on the platform were ultimately chosen for their suitability to the New Jersey market and for their demonstrated performance with American audiences. Greentube has been active in the US since 2021, supplying localised content to a growing number of regulated jurisdictions.
For PlayStar, the agreement supports its focus on delivering a curated casino experience tailored to local player preferences, while maintaining a broad mix of recognised and newer titles. For Greentube, the launch marks further expansion of its US distribution footprint, this time in the Garden State.
Commenting on the collaboration, Director of Gaming Operations at PlayStar, Duncan Hamilton, said: “Greentube has built a strong reputation in the US for delivering high-quality, engaging titles, and we’re thrilled to bring their games to our players in New Jersey.
“This partnership supports our mission to provide a premium, curated casino experience, and we’re confident that Greentube’s content will be a standout addition to our portfolio.”
Patryk Igras, Sales and Key Account Manager at Greentube, said: “This strategic partnership marks a significant milestone in Greentube’s ongoing expansion in the US, bringing a diverse portfolio of trusted, high-quality online gaming content to PlayStar’s growing player base.
“Together, we aim to elevate the gaming experience in New Jersey by delivering innovative titles, seamless gameplay, and a strong commitment to responsible entertainment.”
The post PlayStar Expands New Jersey Casino Offering with Greentube Content Integration appeared first on Americas iGaming & Sports Betting News.
AI
Yaspa becomes founding member of UNLV’s AI Research Hub to advance responsible AI adoption in the gambling industry
Yaspa, a leading fintech specializing in payments and identity solutions, today announces it has become a founding member of the newly launched AI Research Hub (AiR Hub) at the University of Nevada, Las Vegas (UNLV) International Gaming Institute (IGI). This collaboration underscores Yaspa’s commitment to integrating next-generation financial technology with academic research to foster a safer, more sustainable gambling environment.
The UNLV International Gaming Institute (IGI) established the AiR Hub to advance the industry’s understanding of the impacts, risks, and opportunities presented by artificial intelligence. Co-founded by Kasra Ghaharian, IGI Director of Research, and industry veteran Simo Dragicevic, the initiative serves as a collaborative ecosystem designed to accelerate the adoption of trusted, responsible AI across the global gaming sector.
Yaspa joins a prestigious group of founding members, including Aristocrat, Evoke Plc, Playtech Plc, and the Responsible Online Gaming Association (ROGA). This diverse coalition is tasked with ensuring that AI development in the sector is grounded in cross-disciplinary expertise.
AiR Hub’s flagship project is the “State of AI in Gaming” report, a first-of-its-kind annual study indexing company AI maturity, as well as tracking regulatory and policy developments. Through this and related projects, AiR Hub seeks to drive innovation and help ensure AI-driven systems are governed appropriately within this highly regulated industry.
As a founding member, Yaspa brings its in-house AI expertise to guide the Hub’s research initiatives, drawing from its experience in developing the technology behind its Intelligent Payments platform and proprietary machine learning categorizer. To support this mission, Max Collinge, Yaspa’s Vice President of Product, will join the AiR Hub Advisory Panel. Collectively, panel members help steer the Hub’s initiatives, ensuring they maintain deep industry relevance.
“Joining AiR Hub as a founding member reflects Yaspa’s commitment to leveraging the synergy between AI and open banking data to drive a more sustainable gambling ecosystem,” said Max Collinge.
“By utilizing deep financial insights through AI-driven analysis, we can deliver significantly better outcomes for players and operators alike. I am personally thrilled to join the Advisory Panel to help shape this next phase of collaboration and ensure research leads to practical, responsible innovation.”
Kasra Ghaharian, Director of Research, University of Nevada, Las Vegas, International Gaming Institute, commented, “Fintech and AI are two of the most transformative technologies in the world today, and their impact on the gaming industry will undoubtedly continue to be profound. The richness of this data provides intriguing potential across the value chain, particularly regarding consumer protection and compliance. I am excited to see how we can help drive thought leadership for the industry at the intersection of these two technologies.”
Simo Dragicevic, IGI Adjunct Fellow, said, “Yaspa is building the industry’s open banking orchestration layer for player insights and risk assessment. Their expertise in payments, technology and risk will add significant value to the AiR Hub Advisory Panel and we look forward to collaborating with Yaspa as we execute our mission to develop the industry’s ecosystem for collaborative AI research.”
The post Yaspa becomes founding member of UNLV’s AI Research Hub to advance responsible AI adoption in the gambling industry appeared first on Americas iGaming & Sports Betting News.
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