Latest News
Veikkaus Expects €300M Profit Hit from Covid-19

Veikkaus, the gambling monopoly operator of Finland, is expecting a fall by as much as €300m in its 2020 profits, after reporting a 28.1% year-on-year decline in gross revenue and 33.6% drop in its H1 profit.
Gross gaming revenue for the six months to 30 June fell to €607.2m, with Veikkaus estimating that the total was down by around €200m as a result of the disruption caused by novel coronavirus
The operator’s revenue from casino games falls 46.0% to €243.2m, comprising €137.8m from slots in Veikkaus’ arcade and partner network (down 58.8%) and a €105.4m contribution from other casino games (including online), down 9.1%.
Veikkaus noted that online’s share of revenue grew 11.8% points to 44.1% of the half year total. However, it said this was more down to the retail decline than evidence of players migrating online. Online player numbers were up 21% year-on-year over the six months, it noted.
Revenue from the operator’s online casino games fell marginally year-on-year, to €101.0m. Land based slots’ contribution may decline further, with Veikkaus looking to reduce the number of machines in operation to 10,500 by the end of 2020.
Sports betting revenue across all channels also declined, falling 21.9% to €58.1m. For lottery, the decline was more marginal, with H1 revenue down 4.3% at €305.9m.
“Like many other operators, Veikkaus had an exceptionally challenging spring. Due to the Covid-19 pandemic, our contribution to society will fall significantly below previous levels,” Regina Sippel, chief financial officer of Veikkaus, said.
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Rise of Orpheus unites myth, love, and thrilling features

Play’n GO unveils Rise of Orpheus, a mythical slot that takes players deep into the Underworld in pursuit of love, light, and powerful gameplay features.
Following in the footsteps of mythology-inspired favourites like Gates of Troy and Rise of Olympus, Rise of Orpheus brings the tragic tale of Orpheus and Eurydice to life through emotionally charged mechanics and immersive storytelling. As Orpheus ventures into the realm of shadows to reclaim his lost love, players are invited to join a cinematic journey shaped by love, risk, and divine intervention. With its richly atmospheric visuals and evolving feature set, Rise of Orpheus stands as a testament to Play’n GO’s commitment to blending narrative depth with standout gameplay.
At the heart of the game is the Reunion feature, triggered when both lovers appear on screen. Orpheus walks across the reels to reach Eurydice, leaving Wilds in his path and forming a powerful combined symbol. In tandem, Eurydice’s Multiplier grows with each of her appearances during Free Spins, heightening the emotional – and gameplay – stakes. Meanwhile, the Wrath of Cerberus Respin and Wild Meter mechanics provide escalating excitement and layered rewards. These features don’t just elevate gameplay – they mirror the desperate determination of Orpheus’ journey.
Players drawn to the rich lore of Divine Showdown or the emotional arcs of Tales of Asgard: Freya’s Wedding will find familiar satisfaction in Rise of Orpheus. As part of Play’n GO’s mythology-inspired portfolio, this title offers a unique take on the legendary love story, marrying poetic tragedy with inventive mechanics. The game’s progression through the Underworld’s levels also echoes the structure of House of Doom II, offering evolving gameplay with dramatic flair.
Magnus Wallentin, Games Ambassador at Play’n GO, commented: “With Rise of Orpheus, we wanted to craft a slot that resonates emotionally as well as mechanically. This is a love story wrapped in myth, with every feature reinforcing the journey of reunion and risk.”
A poignant story. Powerful features. Rise of Orpheus invites players to walk through shadows – and witness love reshape destiny.
The post Rise of Orpheus unites myth, love, and thrilling features appeared first on European Gaming Industry News.
Latest News
Belatra raises the bar with Jackpot Limbo launch

Belatra Games, the specialist online slots developer, is proud to unveil its latest instant game hit, Jackpot Limbo. This instant title blends simplicity, strategy, and the thrill of big wins, offering fast-paced gameplay, intuitive mechanics, and suspense.
Before each round, players must select their Player Factor using the Target field and then press the Bet button. The game will then generate a random Game Factor between 1.00 and 9999.00 – the higher the number, the bigger the potential win – but the risk rises. If the selected Player Factor is less than or equal to the Game Factor, the player wins. The prize is calculated as the bet amount multiplied by the Player Factor.
The Jackpot feature can only be accessed with a minimum bet of 60 credits. When activated, the game randomly sets a target jackpot amount. The jackpot is awarded to the player whose bet pushes the total prize pool to hit or go beyond that set total.
As the pool nears the target, the jackpot display will start to flash red. From this point onward, jackpot reels may appear and spin. Players will scoop the jackpot if the ‘LIMBO’ appears on the reels.
Sergey Chernyavski, Belatra Games’ CCO, said: “Jackpot Limbo is the ultimate test of risk and reward as players contort themselves to find the winning formula. The beauty of this instant format is its accessibility: easy to learn, fast to play, and always exciting.”
The post Belatra raises the bar with Jackpot Limbo launch appeared first on European Gaming Industry News.
Bragg
Luka Pataky Joins Bragg Gaming Group as EVP of AI and Innovation to Spearhead Growth and Usage of New Technologies Across Business

Bragg Gaming Group, a global leader in next-generation iGaming content and content delivery, engagement and player management technology, today proudly announces the appointment of Luka Pataky as Executive Vice President (EVP) of AI and Innovation.
In his new role, Pataky will work closely with Bragg’s technology teams to develop a 360॰ AI strategy, integrating AI into product development and design, user experience, external communications, safer gambling initiatives and internal processes to drive growth and efficiency.
This strategic leadership addition comes as part of Bragg’s commitment to the leveraging of data, advanced analytics and powerful AI to enhance user experience, player engagement, maximize revenue potential, and drive smarter, more efficient iGaming operations.
Luka Pataky boasts a strong pedigree in AI and technology, with over a decade of experience at Sportradar, a company at the forefront of sports data and content. His tenure at Sportradar culminated in his role as Senior Vice President for Automated Content, where he spearheaded an initiative from its inception to a production-ready, scalable system that ended up powering over 300,000 sports events per year with a team of over 70.
In this leadership position, he was instrumental in revolutionizing sports content creation through AI, Computer Vision, and Deep Learning, successfully bringing real-time data collection solutions to production, being the driving force behind integrating acquired tech businesses, thereby turning advanced technology into significant business value through the optimization of operating costs and business efficiencies.
Prior to his SVP role, Pataky played a key role in establishing Sportradar’s innovation unit, a hub for pioneering new ideas, implementing processes that enabled faster experimentation and fostering a culture of rapid prototyping and testing.
As part of this, he also led the team responsible for scaling Sportradar’s startup program and forging strategic innovation partnerships with universities and innovation labs. In his multiple innovation-based roles, he demonstrated a consistent focus on leveraging AI and data analysis to identify and develop new product opportunities and strategic initiatives.
His extensive experience across these leadership roles highlights his proven ability to lead large, cross-functional teams, manage complex technological advancements, and strategically integrate new ventures, underscoring his expertise in driving growth and innovation within the technology sector.
Known globally for its award-winning iGaming content and technology solutions, Bragg has consistently championed the integration of artificial intelligence technology across its business model, as typified by the introduction of an AI-powered Games Recommendation System into its Fuze marketing and promotional toolset.
The Company has also utilised AI extensively across its responsible gambling work, using these new technologies and extensive data collection to more effectively identify at-risk gamblers.
“Luka Pataky is the ideal hire for Bragg, as we look to supercharge our AI and innovation ambitions,” said Matevž Mazij, Chief Executive Officer at Bragg. “His extensive experience of being at the forefront of this gamechanging technology and innovation will help springboard Bragg into the next iteration of our growth. With the increased adoption of AI across the iGaming industry, Bragg has once again shown its commitment to staying ahead of the competition.”
“Bragg has always struck me as a company where technology and innovation are key drivers,” said Luka Pataky. “This is a company which is always pushing the boundaries, using its extensive knowledge and the skills of its teams to create and set new trends. It sits on vast amounts of user data and insight, which we can turn into intelligence that will power next generation player engagement. Introducing AI at all levels of product and operations will make it perfectly positioned for future growth.”
“I am looking forward to playing a role in accelerating Bragg’s journey to becoming an AI-first company. I have no doubt we’ll be able to compliment and elevate Bragg’s already amazing next generation player experiences for its operator partners and drive value for the business.”
The post Luka Pataky Joins Bragg Gaming Group as EVP of AI and Innovation to Spearhead Growth and Usage of New Technologies Across Business appeared first on Gaming and Gambling Industry in the Americas.
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