After signing a cooperation agreement with CFR Cluj, TotoGaming has created a motivational video for those who strive for excellence and to always be the best.

“Champions are not born, champions are made” is the main message of the video. This idea is not coincidental: it reflects TotoGaming’s vision and goals, which have always included the pursuit of championship, just like CFR Cluj, a club that has won 16 trophies up to now, including 8 Romanian championship titles.

“We filmed with the players of CFR Cluj, and it was inspiring to see that they fully embraced and shared the message we wanted to convey through this video. This isn’t just a material about partnership; it’s a reminder that challenges shape greatness. It’s the journey full of trials that truly forms a champion,” says Rafayel Ghonaghchyan, the creative director of TotoGamings.

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The video features leading players of CFR Cluj:
Mário Camora (captain)
Adrian Păun
Matei Ilie
Meriton Korenica
Simão Rocha
Andrei Artean
Rareș Gal

TotoGaming and CFR Cluj have joined forces to embark on a new journey with the same destination: the destination of champions!

Gentoo Media Inc., now solely an affiliate-focused business, reports record high revenues for the 15th consecutive quarter

Gentoo Media Inc. presents its Q3 2024 financial report, with record-high revenue of EUR 30.4 million, up 35% year-over-year, marking the 15th consecutive quarter of growth. During the quarter, the company completed the spin-off of its Platform & Sportsbook division and formally rebranded from Gaming Innovation Group Inc. to Gentoo Media.

Q3 highlights

• Gentoo Media reported all-time high revenues of € 30.4m, up 35% YoY, of which 12% organic growth.
• EBITDA before special items reached €14.6m, with an EBITDA margin of 48%.
• EBITDA after special items increased by 36% to €14.0m, with an EBITDA margin of 46% (46%).
• EBIT reached €10.0m, with a margin of 33% (32%).
• Focus on higher-value markets continued in Q3. Value of deposits increased 36% for the player base, while player intake reached 112,000, down 2% YoY.
• Gentoo Media is now purely an affiliate-focused business after distribution of the Platform & Sportsbook division to shareholders on 30 September 2024.
• Cash flow from operations will improve post-split, expanding capital allocation options moving forward
• Gentoo Media is now better positioned to deliver meaningful returns and create substantial value for our investors.

Investor presentation and webcast

CEO of Gentoo Media, Jonas Warrer, will host a presentation of the Q3 2024 results via livestream at 09:00 CET today.

The presentation will be followed by a Q&A-session, and investors, analysts and journalists are welcome to participate. The presentation will be given in English.

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REEVO has entered into a strategic partnership with Spadegaming, a prominent games developer known for its creative and dynamic range of online casino games. This collaboration will enhance REEVO’s portfolio with Spadegaming’s sought-after titles, including its high-quality slots and unique RNG games such as Crash and Fishing, catering to diverse player tastes and preferences.

Founded in Asia, Spadegaming has rapidly gained a reputation for its engaging game designs, immersive themes, and distinctive gameplay features. With this partnership, REEVO’s partners and operators can now access Spadegaming’s latest titles through the REEVO platform, allowing them to deliver exceptional gaming experiences to players across global markets.

Daniel Cuc, Head of Account Management at REEVO, said: “Our collaboration with Spadegaming represents REEVO’s commitment to offering top-tier content that elevates gaming experiences for our partners and their players. By bringing Spadegaming’s innovative games to our network, we are expanding our portfolio with engaging, high-quality content that strengthens our market position and enhances the player journey.”

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Adolfo Javier De Jesus, Sales & Account Manager at Spadegaming, said: “Partnering with REEVO represents a significant milestone for Spadegaming, one that not only broadens our visibility but also enhances the quality of our offerings. This collaboration empowers us to deliver cutting-edge, immersive slot gaming experiences that will captivate players and set new standards across the iGaming industry.”