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Groove gets smart with SmartSoft
Aggregator and platform Groove has revealed a smart move by launching an integration with SmartSoft Gaming, bringing another strong performer into the fold.
Smartsoft, founded in 2015 and based in Tbilisi, Georgia, have made their entire portfolio, including slots Magic Garden, Burning Ice 40, Moonstone, headline XGames series along with flagship Jet X, available to Groove’s powerful operator cluster. And, not forgetting the popular Balloon game, a simple game where players pop a balloon before it bursts to win a cash prize.
SmartSoft, whose games are currently integrated with an array of operators, will see their content join a collection of thousands of titles from more than 90 providers hosted on Groove’s bustling aggregation platform.
The game development studio has grown to employ over 80 individuals and is now led by a team of professionals with over 20 years of experience in the world of gaming. Interestingly, SmartSoft won the Debutant of the Year award at the 2020 Login Casino Awards, indicating that some of its enormous potential is already being fulfilled.
With over 80 different titles of HTML5 slots, roulette, and the highly-specialised X-games along with a portfolio increasing at the rate of 1 to 2 games per month, the addition of SmartSoft to Groove’s aggregation platform GroovePlay brings another unique studio into the mix.
Groove’s twin pillars of turnkey (GrooveOn) and aggregation (GroovePlay) are delivered under an end-to-end technology umbrella. GrooveOn encapsulates the B2B iGaming value-chain providing a holistic set of turnkey technology solutions for multichannel B2B iGaming covering online and mobile gaming across all devices.
GroovePlay has a robust stable of games partners and is adding over 100 new games every month to the ever-expanding list of available titles, ranging from time-worn classics to the latest innovative games to reach the market.
This year Groove celebrates six years of service to operators and continues to deepen relationships with a host of stakeholders from the finest games studios like SmartSoft to payment providers and all points in-between.
Saba Chkheidze, Director of Partnerships at Smartsoft Gaming, said: “SmartSoft’s reputation continues to go from strength-to-strength and this partnership with Groove is evidence of how far we have come recently. Having access to Groove’s exceptional operator cluster is a privilege and we are sure it will spur additional growth in the weeks and months ahead.”
Yahale Meltzer, COO at Groove said: “The iGaming industry has been our sole focus and investment for the last 6 years. As specialists in online technology and supported by one of the strongest technical teams in the industry, we are delighted to bring SmartSoft on-board and to be part of the Groove growth journey.”
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Bulletin from Kambi Group plc’s Extraordinary General Meeting of 18 November 2024
Kambi Group plc held an Extraordinary General Meeting on the 18 November 2024 at Kambi, Hälsingegatan 38, 113 43 Stockholm, Sweden
Two resolutions were presented to the Meeting, namely (i) resolution A, being an ordinary resolution, and (ii) resolution B, being an extraordinary resolution.
Resolution A was approved, and accordingly the cancellation, on or after the 26 November 2024, of 1,374,678 ordinary ‘B’ shares having a nominal value of €0.003 each that the Company holds in itself, pursuant to article 106(6) of the Companies Act, Chapter 386 of the Laws of Malta, was approved.
The extraordinary resolution, namely resolution B, obtained one majority of two required in terms of Article 135(1) of the Companies Act (Chapter 386 of the Laws of Malta, the “Companies Act”), and in terms of Articles 48B.2(b) of the Articles of Association of the Company (the “Articles”). To this end, an Extraordinary General Meeting is being convened within 30 days of today’s Meeting, as per the proviso to each of Article 135(1) of the Companies Act, and Article 48B.2(b) of the Articles, to take a fresh vote on the proposed resolutions.
By order of the Board
The post Bulletin from Kambi Group plc’s Extraordinary General Meeting of 18 November 2024 appeared first on European Gaming Industry News.
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BGaming curls up with bountiful bonus games in Catdiana
Popular iGaming content provider BGaming is helping players hunt for ancient treasures in its latest release Catdiana. Boasting two purr-fect bonus games, the gameplay is further enhanced through cat-themed scatters, coveted coins and high-value gem symbols.
The 5×3 reel action unfolds deep within a mystical cat temple where Catdiana goes on the prowl, performing as a wild to guide players to hidden treasures and big wins.
Landing three of the temple’s sacred Ark Scatters on reels one, three and five holds the key to getting your claws into the game’s five Free Spins bonus round. Amping up the level of excitement, the Blazing reels are reels two, three and four merged into one giant symbol to enhance the player’s winning potential.
Players scoring six or more coins in the main game or Free Spins can then pounce on Catdiana’s additional bonus game, where only coins take their place on the grid, offering multiplier values as high as x20 of the bet. To help slot enthusiasts edge ever closer to untold riches, Mini, Major and Mega Jackpots are also featured in the Coin Respin game.
Julia Alekseeva, Co-CPO at BGaming, said: “With such a charming main character taking inspiration from the ever-popular Indiana Jones and Puss in Boots, we’re hoping players will be feline just fine with Catdiana.”
“Our two sumptuous Bonus games lead the way with inspired mechanics, including Blazing Reels and three lavish jackpots, while the ancient temple-themed style and crisp audiovisual effects add an extra dynamic. This is the best time to get your paws on prizes!”
The post BGaming curls up with bountiful bonus games in Catdiana appeared first on European Gaming Industry News.
Industry News
FDJ Announces its First Bond Issue
La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.
FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.
The post FDJ Announces its First Bond Issue appeared first on European Gaming Industry News.
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