Uncategorized
Lion Gaming Group Acquires 1Click Games
Lion Gaming Group, an iGaming technology platform provider that offers white label casino and sportsbook solutions built for the future of the iGaming industry, has announced the completion of the acquisition of 1Click Games to expand its current suite of comprehensive iGaming offerings.
“As Lion Gaming Group continues to explore the ways we can enhance our product offering, we’re very excited to add 1Click Games to our portfolio of companies. This acquisition instantly brings more than 40 online casino brands directly into our portfolio and further adds to our talented team,” Duncan McIntyre, President and CEO of Lion Gaming Group, said.
Founded in 2014, 1Click Games has quickly grown into a premium licensed supplier of iGaming content worldwide. The company boasts a comprehensive product line offering white label and turnkey online casino and sportsbook software, land-based casino solutions, lottery software and game aggregator solutions.
“We are excited that our company has joined the Lion Gaming Group family! This partnership brings together the strengths of both companies and creates a unique advantage in our global expansion efforts. We can offer a range of premier products to both regular and crypto businesses through the combination of technologies and products. It allows us to create a truly unique proposition for the market. This partnership allows us to achieve even greater success in the gaming industry. We look forward to working with the Lion Gaming Group team to bring our customers the fullest possible gaming experience,” Maksims Terehovics, CEO at 1Click Games, said.
The acquisition of 1Click Games brings a talented and experienced workforce with expertise in engineering, software development, UI/UX design, payments, compliance, and customer service. This expansion of the global company’s talent pool will allow Lion Gaming Group to continue innovating and deliver top-quality products and services to its customers.
“The cost synergies between the merged entities will increase our profit margins an additional 15%+, and our positive cash flow is expected to grow well into the future. Positive cash flow is a rare feat in the gaming industry, as more than 90% of companies competing in this space generate negative earnings and cash flows. Plus, this acquisition is perfectly aligned to support our go-public initiatives,” Ted Yew, Chief Financial Officer at Lion Gaming Group, said.
Powered by WPeMatico
Uncategorized
TWO NEW WORLDS WERE UNVEILED AT ZITRO EXPERIENCE MEXICO 2024
Uncategorized
Play’n GO announces network-wide US release of hit title Colt Lightning Firestorm
Eagerly anticipated release now confirmed following a highly successful exclusivity period with Rush Street Interactive
Play’n GO has today announced the official US release of its hit title Colt Lightning Firestorm, following a three-week period of exclusivity with Rush Street Interactive brands BetRivers and SugarHouse.
Colt Lightning Firestorm was released in Europe and other jurisdictions in May 2024, and its release in the US comes with much fanfare following the game’s rave reviews in its short exclusivity period. The game is a sequel to the wildly popular Colt Lightning game which was released early last year, and indications at this stage suggest that this sequel may prove even more successful.
This announcement sees Colt Lightning Firestorm available to players in each state and operator with whom Play’n GO is licensed. Play’n GO first entered the online casino market in the US in 2022, and has reiterated its commitment to becoming active in every regulated market around the world.
Magnus Olsson, Chief Commercial Officer at Play’n GO said: “We’re excited to unveil Colt Lightning Firestorm to the wider online casino gaming community in the US, and have been very pleased to see its strong performance during its exclusivity period with Rush Street Interactive. We had high hopes for the game following the success of its predecessor, and we’re confident that these robust results will continue now that the game is available to an even bigger audience.”
Uncategorized
BLAST to Bring Top-Tier Esports Events to Singapore in 2024 and 2025
Esports entertainment company BLAST has announced plans to host two popular esports events in Singapore in 2024 and 2025.
BLAST will bring both world-class Counter-Strike and Dota 2 tournaments to the heart of Southeast Asia, marking a major step in Singapore’s emergence as an esports and gaming hub. Supported by the Singapore Tourism Board (STB), these high-profile events will bring the world’s best esports teams and players from all across the world to compete in Singapore.
BLAST has teamed up with AEG Presents Asia, one of the world’s largest live entertainment entities to bring these events to Singapore. The partnership forms part of BLAST’s ambition to create the best esports experiences by working closely with premier destinations and the biggest and best live entertainment partners.
More than half of global esports views (57%) are estimated to come from the Asia Pacific region, 47% more than any other region in the world with the global market valued at $1.6 billion.
By bringing the top-tier Counter-Strike and Dota 2 tournaments to Singapore, BLAST aims
to attract global esports talent, foster local growth, and elevate Singapore’s status as a destination for world-class esports entertainment.
James Woollard, Director of Market Development at BLAST, said: “We are incredibly excited to bring two of the biggest esports titles to this vibrant destination. Over the coming 18 months, Singapore will become a major hub for esports in Southeast Asia, and with the support of the Singapore Tourism Board, we look forward to delivering unforgettable experiences for fans while helping to build a thriving esports ecosystem in the region. Bringing the first BLAST arena event to Singapore is an exciting first step in this journey. The World Final will see the world’s best Counter-Strike players and teams fighting for a $1,000,000 total prize pool.”
Ms Ong Ling Lee, Executive Director, Sports and Wellness, Singapore Tourism Board, said, “We are excited to host the BLAST Premier World Final and the BLAST Dota Slam in Singapore. The Counter-Strike event marks the first BLAST-branded event in Southeast Asia and the inaugural Counter-Strike tournament series in the region, solidifying Singapore’s position as a world-class esports destination. We are confident that the international participants and their legions of fans will have a memorable experience in Singapore, immersing themselves in the diverse and dynamic offerings of our city.”
The World Final 2024 will take place from 30th October – 3rd November and will be the first BLAST event to take place in Singapore, followed by the BLAST Dota Slam in 2025. The World Final will be the biggest Counter-Strike event to take place in Singapore, where the world’s best eight Counter-Strike teams will compete for a massive prize pool of $1,000,000 and the chance to claim bragging rights as the best team around.
Qualified World Final teams: NAVI, Team Spirit, Team Vitality, FaZe Clan and G2 Esports.
Fans can sign-up for the pre-sale window by registering with BLAST.tv, where they will also receive updates and information on tickets.
-
Balkans6 days ago
Synot Group Debuts at the BEGE in Bulgaria
-
Australia5 days ago
Vanguard Overwatch is Hardening Gaming Venues Against Financial Crime and Working Towards Minimising Gambling Harm
-
Australia6 days ago
Light & Wonder Signs Multi-year Systems Deal with SkyCity Entertainment
-
Compliance Updates6 days ago
Turkish Football Federation to Penalise Clubs Promoting Illegal Betting
-
Diana Margarita Otalora6 days ago
Stake’s Latam leadership team smashes glass ceiling; sweeps awards
-
EvenBet Gaming5 days ago
EvenBet Gaming Launches Innovative Poker Solutions with JugaMax in Paraguay
-
Greece6 days ago
Stakelogic Live Pens Deal with Novibet for Mexican and Greek Markets
-
a leading B2B provider of iGaming solutions5 days ago
Atlaslive’s Sportsbook Recognized with Silver Win at SBC Awards Latinoamérica 2024