Uncategorized
Maximum Games Secures $30 Million USD Senior Credit Facility
Zordix announced that the company’s U.S. based subsidiary Maximum Games through MG1 Acquisition Corporation has secured a $30 million USD senior credit facility. The U.S. based facility has a maturity of 36 months, is non-amortising and carries customary covenants and collateral requirements. An initial drawdown of $20 million USD will be made, with the balance available for drawdowns subject to covenants.
The facility will be used to refinance existing debt, investment in owned IP games, and to pursue accretive acquisitions. The facility is being provided by the investment firm Turning Rock Partners.
“With this flexible non-dilutive financing secured, we are now well equipped to accelerate our roadmap of owned IP and third party titles and continue investing in high quality franchises to bolster our business,” Christina Seelye, CEO of Zordix, said.
Powered by WPeMatico
Uncategorized
Bingo Paradise Celebrates 65% Growth in First-Time Depositors in Q3 2024
Bingo Paradise, a prominent UK iGaming affiliate, has announced its most successful quarter ever, achieving record growth during Q3 2024. The portal saw an unprecedented rise in first-time depositors (FTDs), a testament to its commitment to delivering value to players and operators in the highly competitive iGaming space.
“Q3 2024 has been a standout quarter for Bingo Paradise,” said Tom Waite, Manager of Bingo Paradise. “Our success is thanks to the hard work of our small team of talented writers and the oversight of our dedicated compliance manager. Together, they ensure that we provide honest, transparent reviews and operate within the highest industry standards. This, combined with our marketing efforts, including SEO and negotiating exciting player offers with operators, has been key to sending substantially more FTD’s to the operators.”
Bingo Paradise achieved a 65.24% year-over-year increase in FTDs compared to Q3 2023. This impressive growth underscores the affiliate’s focus on player-first strategies, such as creating honest, well-researched reviews that empower users to make informed decisions. The team’s compliance manager ensures every piece of content adheres to strict regulations, building trust with both players and operators.
A key factor in the platform’s success is its ability to negotiate exclusive offers with UKGC-licensed operators. These partnerships allow Bingo Paradise to provide unique deals that resonate strongly with players, enhancing its appeal as a go-to player resource. The focus on promoting only licensed operators also ensures fairness and security for users, which further solidifies the portals reputation.
The brands approach is a model of integrity and innovation. By prioritising compliance and transparency, Bingo Paradise, which itself is owned by Meteor Marketing Ltd has positioned itself as a trusted affiliate partner, both for operators seeking reliable collaborations and for players looking for guidance in the iGaming world. As the platform celebrates its Q3 2024 achievements, it remains committed to exploring new opportunities and maintaining its high standards.
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.”
-
Nasdaq:CHDN6 days ago
Churchill Downs Incorporated 2024 Fourth Quarter and Full Year Financial Results Conference Call Invitation
-
Latest News6 days ago
Akne Fruits: Redefining the Future of iGaming
-
Latest News6 days ago
SOFTSWISS Game Aggregator Certified for Peru Market
-
Brazil3 days ago
Push Gaming makes market entry with several operators in Brazil
-
NYSE:ROLR6 days ago
High Roller Technologies Welcomes Kristofer Muscat as Chief Operating Officer
-
Interviews6 days ago
Consolidating brands efficiently to achieve high growth
-
CCO at SOFTSWISS6 days ago
SOFTSWISS Game Aggregator Certified for Peru Market
-
Compliance Updates3 days ago
EGT Digital received a licence for operation in Sweden