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Arctic7 evolves within and beyond gaming after two studio acquisitions

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Game development company Arctic7 has today announced the acquisition of Narwhal Studios and Star Fort Games. The two acquisitions represent a sizable evolution in Arctic7’s capability – introducing a plethora of experience from some of the leading creatives in both the video game development and virtual production space.

The acquisition of LA-based Narwhal Studios marks Arctic7’s first expansion into virtual production, further advancing their capacity when delivering top-level entertainment and experiences through immersive content. With film and TV virtual production being Narwhal Studios speciality, their acquisition additionally broadens Arctic7’s scope beyond just video games. Similarly, Arctic7 will be expanding its video game development foundations with the acquisition of Ottawa-based Star Fort Games – helping to cement Arctic7’s expertise in the games industry and expanding their reach and studio capabilities to Canada.

With studios based in Austin, Montenegro and now Los Angeles and Ottawa, Arctic7 has continued where they left off in 2022. The company now has more than 100 people across the world, collaborating together to inspire, going above and beyond in delivering exceptional entertainment with heart and depth.

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Media production company Narwhal Studios is at the forefront of virtual production and is continuing to innovate in the space. The team has utilized their skill and experience in some of the largest shows and films in the world, such as The Mandalorian, Ant-Man and The Wasp: Quantumania and Black Adam. For Arctic7, the acquisition of Narwhal Studios not only expanded its impact within game development, but
now across multiple industries. The acquisition follows the recent appointment of Narwhal founder Felix Jorge as Chief Communications Officer at Arctic7.

Co-founder Felix Jorge of Narwhal Studios comments: “By joining forces with Arctic7, we plan to bring the virtual art department and ICVFX to a wider audience than ever before. We are supercharging the techniques and processes we created, and developing the training programs and virtual production tools necessary to launch the next generation of film, TV, and game productions.”

Welcoming Star Fort Games to the Arctic7 family will also allow the Austin-based company to leverage the independent game studio’s work across multiple platforms, from global mobile titles to blockbuster console games. Their understanding of what makes a game fun, knowledge of games as a service and expertise on what top trends are going to entertain consumers means they excel at making engaging and
entertaining games.

Studio head Lindsay Daggit at Star Fort Games comments: “We are thrilled to be joining the Arctic7 studio family and so excited for this next chapter of Star Fort Games. I am most excited about the new opportunities this partnership will provide for our people and our studio as a whole. Combining our strengths with the other Arctic7 studios in a complementary fashion will allow us to achieve new heights together.

CEO and co-founder of Arctic7 Igor Efremov comments: “Our aim at Arctic7 is to create amazing entertainment experiences for our partners. The acquisition of Narwhal Studios and Star Fort games enables us to further expand our ability to do that. Narwhal’s experience in virtual production – working with the world’s premier intellectual property – represents an exciting step for us, not least given the growing cross media opportunity in gaming. Similarly, Star Fort’s abilities in creating games across platforms, together with games as a service also adds further exciting capabilities for us.’’

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Lotteries & Native American Casinos in the United States, 2024-2029: Competitive Analysis, Industry Segmentation, Financial Benchmarks

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The “Lotteries & Native American Casinos in the US – Industry Market Research Report” report has been added to ResearchAndMarkets.com’s offering.

Over the last few years, industry revenue grew at a CAGR of 5.5% to $198.9 billion, including an expected 3.3% rise in 2024.

In periods of economic growth, lotteries and Native American casinos benefit from low unemployment levels, which drive growth in per capita disposable income. In contrast, recessionary periods cause the majority of consumers to opt against gambling in favor of reducing discretionary spending.

Market Trends

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  • Pent-up demand propelled industry recovery. Consumers who had cut back on discretionary spending during the pandemic helped boost industry growth.
  • Strong consumer demand for traditional lotteries has offset larger pandemic losses. Consumers’ propensity toward simple lottery games sustains the product segment.
  • Large population centers are a boon for the industry. In regions with larger population concentration, industry establishments benefit from wider exposure and increased contact with a diverse range of customers.
  • A continuous push for high-quality customer service encourages competition. Since many of the gambling and lottery facility operators are small and localized, good customer service ensures a competitive edge and makes the facility more attractive to customers.

Report Coverage

  • Market estimates from2014-2029
  • Competitive analysis, industry segmentation, financial benchmarks
  • Incorporates SWOT, Porter’s Five Forces and risk management frameworks

A selection of companies mentioned in this report includes, but is not limited to:

  • The Florida Lottery
  • New York State Lottery

 

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Sends company confirmed its participation in the ICE London Conference 2024

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ICE is the global showcase of innovative technologies, home to 600+ international brands providing access to products and services designed to enhance growth potential. Sends financial company confirmed its participation in the conference inviting to the brand’s stand for meetings.

The 6th of February is the opening day of ICE London 2024. The Sends team will spend three days of the conference meeting the current partners and establishing relationships with new ones in London. On its LinkedIn page, the company noticed that it had set up a stand to provide all the information about activity and business propositions, to meet with associates, and to engage with conference participants.

“Sends team is eager to meet the partners and new people at ICE London 2024. This event is iconic among gaming companies and market players. Organizers predict record attendance for the last London edition. We can’t miss this global event’s opportunities” , commented Anastasiia Pervushyna, Director/MLRO in Sends.

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One of the shareholders (owners) of this company is Alona Shevtsova, a businesswoman, philanthropist, and active participant in the Ukrainian and UK FinTech community.

Recent international industry events during the past year have already clearly shown the value and significance of in-person events for our industry and we expect that to be very evident in London as well”, Alona Shevtsova added.

Sends provides Internet acquiring, multicurrency personal and business accounts. Opening a SEPA/SWIFT/Faster Payments bank account is available within 48 hours after submitting the necessary documents. Sends is available in the web and app versions.

In 2025, the ICE London conference will relocate to Barcelona, Spain. The historic edition of the world’s largest and most international gaming expo ends in Great Britain. This country has hosted the event since 2013.

ICE London 2024 will be held from the 6th to 8th February at ExCeL London. To schedule a meeting with Sends representatives, please use [email protected] email or the conference application.

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*Sends is a trade name of SMARTFLOW PAYMENTS LIMITED.

SMARTFLOW PAYMENTS LIMITED is registered in England and Wales (Company number 11070048).

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It’s time to speed up AI: Slotegrator presented new exciting solutions at iGB L!ve 2023

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A new era in the iGaming industry has begun: AI-powered solutions are now becoming affordable. Slotegrator presented the new AI-powered capabilities of its turnkey online casino platform at iGB L!ve 2023 in Amsterdam.

Every year, Slotegrator presents its newest innovations at iGB L!ve. This year, the company added several new features to its turnkey online casino platform, basing the additions on the results of internal customer research and global market analysis.

Upcoming trends are a constant source of speculation in the iGaming industry. As an industry trendsetter itself, Slotegrator knows what to bet on; last year, the company predicted rapid AI growth, and these capabilities have already been integrated into the company’s solutions.

 

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The upgrades include:

  • The business intelligence (BI) module has become an Artificial BI module. Now it not only helps operators track the analytical data they need to make strategic decisions, but allows them to compare their project with others that operate in the same market. It’s an effective tool for analyzing competitors’ activities and to improve the entire business strategy.
  • ChatGPT was integrated to offer operators 24/7 business consultation. While the strategy will ultimately be up to the casino operator, ChatGPT’s capacity to offer advice can prove invaluable.
  • Fraud Detection (for collecting Big Data to reduce risk) with AI makes it easy for casino operators to set the parameters of what constitutes potentially fraudulent behavior and then segment players accordingly and take action when necessary.

 

Also, Slotegrator integrated a multiplayer chat function – an effective retention tool that emphasizes the value of live communication and offers opportunities for networking and creating player communities. The solution will see the addition of AI capabilities as well.

“This is just the first set of innovations. We are planning to use AI to boost our platform even further. The industry standards are changing, so the market can’t afford to use old tools now. Our participation in iGB L!ve 2023 demonstrated this completely,” says Dmytro Taran, COO at Slotegrator.

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