Latest News
Kalamba Games delivers a full house of features in FruitMax: Cashlinez
Kalamba Games is blending traditional bingo staples with innovative slot design in its latest slot release FruitMax: Cashlinez.
This highly volatile 5×3 reeled game is home to 243 winning ways with symbols depicting various classic icons such as cherries, bells and sevens which must form matching combinations in order to award a win. These are joined by a wild symbol which can substitute any of these base game symbols that aid in unlocking a prize.
The popular K-Cash mechanic returns and its symbols must be activated by landing on the highlighted middle row. Three spins are awarded and reset each time an additional one lands on the highlighted reel, if all five reels have a K-Cash symbol active on them the feature triggers resulting in the cumulative total of all cash awards being multiplied by up to 3x.
If three of these K-Cash symbols are activated in one spin the Cashlinez Bonus is triggered. Taking place across 5×5 reels, three respins are awarded and retriggered for each additional K-Cash symbol landed. These are held in place throughout the round and can form patterns that unlock additional multipliers mimicking the gameplay seen by bingo titles.
Kalamba Games continues to use engaging and intuitive gameplay functions to deliver players highly immersive and entertaining titles, adding to its high-quality and diverse 60-plus strong catalogue.
Alex Cohen, COO and Co-Founder at Kalamba Games, said: “FruitMax: Cashlinez delivers fans of slot titles an engaging experience filled with multipliers, respins and upgradeable base game and bonus game features which we are sure players will adore.
“We have endeavoured to integrate some of the exciting mechanics more traditionally associated with bingo, as the title delivers a crescendo of excitement in the bonus game driving players towards a very lucrative full house.”
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Latest News
Gaming Innovation Group – Minutes from Annual Meeting of Shareholders
The Annual Meeting of Shareholders in Gaming Innovation Group Inc. was held today, 22 May 2024, in Stockholm, Sweden. Shareholders representing 57.10% of the shares entitled to vote were present in person or by proxy.
The Annual Meeting approved the Company’s Annual Report for 2023.
The Annual Meeting resolved that the Board of Directors should consist of five members and resolved to re-elect Mikael Riese Harstad as Director of the Board and elect him as new Chairman, to re-elect Hesam Yazdi as Director of the Board, and to elect Cristina Romero de Alba, Mateusz Juroszek and Nicholas Batram as new Directors of the Board. It was further resolved to approve the proposal from the Nomination Committee for remuneration to the Board of Directors.
The Annual Meeting further resolved that the Nomination Committee shall consist of not less than three and not more than four members, to represent all shareholders, and be appointed by the three largest shareholders as at 31 August 2024.
Finally, the Annual Meeting resolved to reappoint REID CPAs LLP as auditors of the Company, and to give the Board of Directors authority to buy back already issued and outstanding shares in the Company as proposed in the Notice of Annual Meeting of Shareholders.
GiG Media and GiG Platform Boards
As part of the process to split the Company by distributing GiG Platform to the shareholders, the Company now have two separate board compositions. GiG Media will continue to operate under GiG’s current corporate structure, with GiG serving as its listed holding company. GiG Platform, currently operated as a subsidiary of GiG, will be spun off to GiG’s shareholders later this year. GiG Platform now has a board of directors consisting of Petter Nylander as chairman, along with Nicolas Adlercreutz, Mikael Riese Harstad, Hesam Yazdi, Tomasz Juroszek and Steve Salmon as ordinary board members.
The post Gaming Innovation Group – Minutes from Annual Meeting of Shareholders appeared first on European Gaming Industry News.
4ThePlayer.com
4ThePlayer Approved for License by Pennsylvania Gaming Control Board!
4ThePlayer.com is delighted to announce the latest development in its expansion across the United States; in a recent meeting, the Pennsylvania Gaming Control Board (PGCB) approved the Company’s participation in the Commonwealth’s iGaming market.
This achievement marks a key step in their strategic US market expansion and underscores their commitment to growing their presence in the regulated US market.
Pennsylvania is the fourth market, following New Jersey, Michigan, and Connecticut, to license and embrace their player-centric and entertainment-focused games.
An exciting portfolio, featuring top-performing titles such as 4 Fantastic Lobsters and 9k Yeti will soon be launched in Pennsylvania and live across the company’s impressive customer list.
Chris Ash, the Business Development Director and co-founder of 4ThePlayer.com said: “I am thrilled we can bring our unique gaming experience to the players of Pennsylvania. After the success we have seen with these titles in other states, we are excited for players in Pennsylvania to play them!”
Pennsylvania’s online casino market has been showing a steady growth trajectory with iGaming revenue 40.5% higher at $184.9m, compared to $131.6m in 2023 with online slots revenue alone jumping 35.6% to $125.9m.
4ThePlayer games will be available in Pennsylvania via Gaming Realms, 4ThePlayer’s trusted platform partner.
Latest News
Novibet highlights its commitment to betting integrity with IBIA membership
Novibet, a leading global online sports betting operator, has joined the International Betting Integrity Association (IBIA). Novibet has licences to operate in Greece, Malta, Cyprus, Ireland and Italy, and has expressed an interest in obtaining a licence in Brazil, which is expected to being its licensing process later this year. The operator joins over 50 companies and 125 leading sports betting brands in IBIA and further cements IBIA’s position as the leading customer account-based betting integrity monitoring body globally.
Panagiotis Skyrlas, Chief International Expansion Officer, Novibet, said: “At Novibet, our commitment to transparency has always been at the core of everything we do. Joining IBIA is a testament to this commitment, as we continually strive to set new benchmarks for integrity and excellence in the online betting industry. By aligning ourselves with IBIA, we are reinforcing our vision to uphold the highest standards and to lead by example. We believe that by working closely with IBIA, we can further elevate trust and confidence in the industry, ensuring that our customers always have a fair and secure betting experience with us”.
Khalid Ali, CEO of IBIA, said: “Novibet is an established name in the sports betting sector and brings with it a global customer base that will be of significant value for IBIA’s monitoring network. IBIA is therefore delighted that Novibet has joined the association and welcomes the operator’s commitment to utilising the best integrity protection available globally for its sports betting products. Ensuring product integrity is paramount to our approach and we look forward to integrating Novibet within our leading global sports betting integrity monitoring system.”
IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.
Through the IBIA global monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members have over $300bn per annum in betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.
The post Novibet highlights its commitment to betting integrity with IBIA membership appeared first on European Gaming Industry News.
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