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Twin River Announces Preliminary Second Quarter Results Of Operations
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Twin River Worldwide Holdings, Inc. announced preliminary estimates of operating results for the quarter ended June 30, 2019. Twin River has not yet finalized its accounting for this period, and its June 30, 2019 consolidated financial statements are not expected to be available until after Twin River’s modified Dutch auction tender offer (“Offer”) is completed. Twin River expects to release its final results of operations for the second quarter during the second full week of August. Twin River also announced that it has extended the Expiration Time for its Offer to 11:59 p.m., New York City time, on Friday, July 26, 2019, unless further extended or earlier terminated by Twin River.
This press release is being filed with the Securities and Exchange Commission on Form 8-K, which will be incorporated into the Schedule TO and amend the Offer to Purchase to the extent set forth herein. All of Twin River’s SEC filings are also available on Twin River’s website (www.twinriverwwholdings.com). American Stock Transfer & Trust Company, LLC, the depositary for the Offer, has advised Twin River that as of 5:00 p.m., New York City time, on July 19, 2019, 15,088,536 Shares had been validly tendered pursuant to the Offer and not withdrawn. Twin River Shareholders who have already tendered their Shares do not have to re-tender their Shares or take any other action as a result of the extension of the Expiration Time of the Offer.
Twin River’s actual results of operations for the second quarter remain subject to the completion of its financial accounting closing process, which includes review by its management, audit committee and external auditors. During the financial closing process, Twin River may identify items that require Twin River to make adjustments to the preliminary estimates of its operating results set forth below. As a result, Twin River’s actual operating results could be outside of the ranges set forth below and such differences could be material. Additionally, the estimates of Twin River’s net revenue, net income and Adjusted EBITDA set forth below are forward-looking statements based solely on information available to Twin River as of the date of this release and may differ materially from its actual operating results. Therefore, Shareholders should not place undue reliance on these preliminary estimates.
Twin River’s preliminary estimates for the three months ended June 30, 2019 and actual results for the comparable period in 2018 are as follows:
Quarter Ended |
||||
(in millions) |
June 30, 2019 |
June 30, 2018 |
||
Net revenue |
$146.5 – $148.5 |
$110.8 |
||
Net income |
$15.8 – $18.4 |
$20.3 |
||
Adjusted EBITDA |
$46.0 – $49.0 |
$44.3 |
The Rhode Island operations are estimated between $82.5 million and $83.5 million of net revenue and between $37.1 million and $39.1 million of Adjusted EBITDA for the quarter ended June 30, 2019. The Biloxi and Dover operations are estimated between $31.9 million and $32.3 million and $30.0 million and $30.5 million of net revenue, respectively, and $8.8 million and $9.8 million and $4.7 million and $5.7 million of Adjusted EBITDA, respectively, for the same period.
In remarking on the preliminarily estimated results for the quarter, George Papanier, President and CEO commented, “We are quite pleased with the Company’s results in the quarter. Our Rhode Island operations performed well despite some quarterly softness in the New England gaming markets generally. Financial performance at Dover during our first full quarter of ownership exceeded our already high expectation due to our initial integration and optimization efforts and yet we still anticipate substantial physical and operating changes to be implemented. At Hard Rock Biloxi, we were pleased to see another quarter of solid performance as our operations there are stable and performing well. At the Corporate level, we continue investing in order to prepare for more growth as evidenced by our recently announced acquisitions. Somewhat higher corporate costs in the second quarter reflect that investment.”
In speaking more in depth about the Rhode Island operations in the context of recent impacts of new competition, Mr. Papanier further commented, “Our mitigation strategy toward new regional competition is also proving itself in the early going, as the overall effect of new competition in Boston in late June is generally in-line with our expectations. A distinct part of our rationale in building the Tiverton Casino & Hotel was aimed at anticipated competition. The ramping of Tiverton is proceeding according to plan, and the new facility has showed marked resilience since the new competition opened. We are seeing some impact at our Twin River Casino Hotel where table games have decreased somewhat, while the impact on slots has been less than expected so far. Although the New England gaming markets performed solidly through the first quarter of this year, we did see some softness beginning early in the second quarter prior to the opening of the new Boston competition, and extending through the end of the quarter. We attribute some of this softness to a challenging comparable period in 2018 as pent up demand in the second quarter of 2018 resulted from poor weather in the prior quarter. A decrease in the amount of tax return dollars as a result of the prior year federal tax legislation may also have played a role in the current quarter.”
Mr. Papanier added, “Our strategy of accretive growth and diversification continues to resonate with success. In 2014, we acquired the Hard Rock Biloxi at an approximate 10x multiple. We are pleased to report that, even with additional competition in that market since the acquisition, our cash flow growth has resulted in a current ownership multiple below 7x. Further, we acquired the Newport Grand in 2016 and were able to utilize that gaming license in constructing the Tiverton property, which continues its positive ramp even with new regional competition. Finally, we acquired Dover Downs earlier this year, so the second quarter is our first full quarter of ownership. Again, this property is ramping its operations and financial performance faster than expected and, with our numerous implemented and planned changes and upgrades to both the marketing plan and customer experience, we expect to further improve upon this upward trajectory.”
Mr. Papanier concluded, “We look forward to providing more commentary about our second quarter results and strategic vision on our second quarter earnings call in August.”
The preliminary estimates of Twin River’s financial results included in this release have been prepared by, and are the responsibility of, its management. Twin River’s independent registered public accountants, Deloitte & Touche LLP, have not audited, reviewed or performed any procedures with respect to such preliminary estimates of Twin River’s operating results. The information presented herein should not be considered a substitute for the financial information to be filed with the SEC in Twin River’s Quarterly Report on Form 10-Q for the June 30, 2019 quarter. Twin River has no intention or obligation to update the preliminary estimates of its operating results set forth below prior to filing that Form 10-Q.
Reconciliation of GAAP Measure to Non-GAAP Measure
To supplement the financial information presented on a generally accepted accounting principles (“GAAP”) basis, Twin River has included in this press release Adjusted EBITDA, a non-GAAP financial measure, which excludes certain items listed below. The preliminary reconciliation of this non-GAAP financial measure to its comparable GAAP financial measure, net income, is presented in the table below. The presentation of this non-GAAP financial measure is not intended to be considered in isolation or as a substitute for any measure prepared in accordance with GAAP. Twin River believes that presenting this non-GAAP financial measure aids in making period-to-period comparisons and is a meaningful indication of its actual operating performance. Twin River’s management utilizes and plans to utilize this non-GAAP financial information to compare Twin River’s operating performance to comparable periods and to internally prepared projections. Twin River’s non-GAAP financial measure may not be the same as or comparable to similar non-GAAP measures presented by other companies. All line items for June 30, 2019 are preliminary estimates.
Reconciliation of Preliminary Estimated Net Income to |
|||||||||
Quarter Ended |
|||||||||
(in millions) |
June 30, |
June 30, |
|||||||
Net income |
$ |
17.1 |
$ |
20.3 |
|||||
Interest expense, net of interest income |
9.2 |
5.1 |
|||||||
Provision for income taxes |
6.2 |
6.1 |
|||||||
Depreciation and amortization |
8.3 |
5.1 |
|||||||
Non-operating income |
(0.2) |
— |
|||||||
Loss on extinguishment and modification of debt |
1.5 |
— |
|||||||
Merger and going public expenses |
1.5 |
0.7 |
|||||||
Share-based compensation |
1.6 |
6.0 |
|||||||
Non-recurring litigation expenses, net of insurance proceeds |
0.5 |
0.4 |
|||||||
Pension audit payment |
(0.5) |
— |
|||||||
Acquisition costs |
0.8 |
— |
|||||||
Expansion and pre-opening expenses |
— |
0.5 |
|||||||
Professional and advisory fees associated with capital return program |
1.7 |
— |
|||||||
Other |
(0.2) |
0.2 |
|||||||
Adjusted EBITDA |
$ |
47.5 |
$ |
44.3 |
|||||
(1) Amounts may not subtotal due to rounding. |
Reconciliation of Preliminary Estimated Net Income to Preliminary Estimated |
||||||||||||||||||||
(in millions) |
Rhode |
Dover |
Biloxi |
Other |
Total |
|||||||||||||||
Net income |
$ |
21.5 |
$ |
1.3 |
$ |
4.5 |
$ |
(10.2) |
$ |
17.1 |
||||||||||
Interest expense, net of interest income |
1.0 |
0.1 |
— |
8.1 |
9.2 |
|||||||||||||||
Provision for income taxes |
8.0 |
0.5 |
1.2 |
(3.5) |
6.2 |
|||||||||||||||
Depreciation and amortization |
4.6 |
1.3 |
2.3 |
0.1 |
8.3 |
|||||||||||||||
Non-operating income |
— |
— |
— |
(0.2) |
(0.2) |
|||||||||||||||
Loss on extinguishment and modification of debt |
1.0 |
— |
— |
0.5 |
1.5 |
|||||||||||||||
Merger and going public expenses |
— |
0.9 |
— |
0.6 |
1.5 |
|||||||||||||||
Share-based compensation |
— |
— |
— |
1.6 |
1.6 |
|||||||||||||||
Non-recurring litigation expenses, net of insurance proceeds |
— |
— |
0.3 |
0.2 |
0.5 |
|||||||||||||||
Pension audit payment |
(0.5) |
— |
— |
— |
(0.5) |
|||||||||||||||
Acquisition costs |
— |
— |
— |
0.8 |
0.8 |
|||||||||||||||
Credit Agreement amendment |
— |
— |
— |
(0.2) |
(0.2) |
|||||||||||||||
Professional and advisory fees associated with capital return |
— |
— |
— |
1.7 |
1.7 |
|||||||||||||||
Allocation of corporate costs |
2.5 |
1.1 |
1.0 |
(4.6) |
— |
|||||||||||||||
Adjusted EBITDA |
$ |
38.1 |
$ |
5.2 |
$ |
9.3 |
$ |
(5.1) |
$ |
47.5 |
Reconciliation of Net Income to Adjusted EBITDA |
|||||||||||||||||
(in millions) |
Rhode |
Biloxi |
Other |
Total |
|||||||||||||
Net income |
$ |
24.1 |
$ |
4.5 |
$ |
(8.3) |
$ |
20.3 |
|||||||||
Interest expense, net of interest income |
2.0 |
— |
3.1 |
5.1 |
|||||||||||||
Provision for income taxes |
6.7 |
1.4 |
(2.1) |
6.0 |
|||||||||||||
Depreciation and amortization |
2.8 |
2.3 |
— |
5.1 |
|||||||||||||
Merger and going public expenses |
— |
— |
0.7 |
0.7 |
|||||||||||||
Share-based compensation |
— |
— |
6.0 |
6.0 |
|||||||||||||
Non-recurring litigation expenses, net of insurance |
— |
— |
0.4 |
0.4 |
|||||||||||||
Legal & financial expenses for strategic review |
— |
0.1 |
0.1 |
||||||||||||||
Storm related repair expense, net of insurance |
0.1 |
— |
0.1 |
||||||||||||||
Expansion and pre-opening expenses |
0.5 |
— |
— |
0.5 |
|||||||||||||
Allocation of corporate costs |
2.1 |
1.0 |
(3.1) |
— |
|||||||||||||
Adjusted EBITDA(1) |
38.1 |
9.3 |
(3.1) |
44.3 |
|||||||||||||
(1) Amounts may not subtotal due to rounding. |
General Information
Twin River’s board of directors authorized the Offer, but none of the members of the board of directors, Twin River, the dealer manager, the information agent or the depositary or any of their affiliates has made, and they are not making, any recommendation to Shareholders as to whether Shareholders should tender or refrain from tendering their Shares or as to the price or prices at which Shareholders may choose to tender their Shares. Twin River has not authorized any person to make any such recommendation. Shareholders must make their own decision as to whether to tender their Shares and, if so, how many Shares to tender and the price or prices (if any) at which they will tender their Shares. In doing so, Shareholders should read carefully the information in, or incorporated by reference in, the Offer to Purchase and in the letter of transmittal, including the purpose and effects of the Offer. Shareholders are urged to discuss their decision with their own tax, financial and legal advisors.
Moelis & Company LLC is acting as the dealer manager for the Offer. MacKenzie Partners, Inc. is serving as the information agent and American Stock Transfer & Trust Company, LLC is acting as the depositary. The Offer to Purchase, the related letter of transmittal and the other Offer materials have been filed with the SEC. Shareholders should read these materials carefully because they contain important information, including the terms and conditions of the Offer. Requests for documents may be directed to MacKenzie Partners, Inc. at (800) 322-2885 (toll free) or tender [email protected]. Questions regarding the Offer may be directed to Moelis & Company LLC at (800) 346-8848 (toll free).
This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Offer is only being made pursuant to the terms of the Offer to Purchase. Terms used in this press release with initial capital letters that are defined in the Offer materials are used as so defined.
About Twin River:
Twin River owns and manages four casinos, two casinos in Rhode Island, one in Mississippi and one in Delaware, as well as a Colorado horse race track that has 13 authorized OTB licenses. Properties include Twin River Casino Hotel (Lincoln, RI), Tiverton Casino Hotel (Tiverton, RI), Hard Rock Hotel & Casino (Biloxi, MS), Dover Downs Hotel & Casino (Dover, DE) and Arapahoe Park racetrack (Aurora, CO). Its casinos range in size from 1,000 slots and 32 table games facilities to properties with over 4,100 slots, approximately 125 table games, and 48 stadium gaming positions, along with hotel and resort amenities. Its shares are traded on the New York Stock Exchange under the ticker symbol “TRWH.”
Forward-Looking Statements
This communication contains “forward-looking” statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than historical facts, including future financial and operating results and the Company’s plans, objectives, expectations and intentions, legal, economic and regulatory conditions are forward-looking statements. Forward-looking statements are sometimes identified by words like “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “could,” “project,” “predict,” “continue,” “target” or other similar words or expressions. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) unexpected costs, charges or expenses resulting from the acquisition of Dover Downs and other proposed transactions; (2) uncertainty of the expected financial performance of the Company, including the failure to realize the anticipated benefits of its acquisitions; (3) the Company’s ability to implement its business strategy; (4) the risk that stockholder litigation may result in significant costs of defense, indemnification and/or liability; (5) evolving legal, regulatory and tax regimes; (6) changes in general economic and/or industry specific conditions; (7) the effects of competition that exists in the gaming industry; (8) actions by third parties, including government agencies; (9) the risk that the proposed transactions may not be completed on the terms or in the time frame expected, or at all; and (10) other risk factors as detailed under Part I. Item 1A. “Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 as filed with the Securities and Exchange Commission on April 1, 2019. The foregoing list of important factors is not exclusive. Any forward-looking statements speak only as of the date of this communication. TRWH does not undertake any obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.
Source: Twin River Worldwide Holdings, Inc.
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Twin River Announces Preliminary Second Quarter Results Of Operations
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Innovations Redefining iGaming: What Operators Need to Know
The iGaming industry is advancing at breakneck speed, driven by technological innovation and evolving player expectations. Itai Zak, Executive Director of iGaming at Digicode, emphasizes the importance of bridging client aspirations with customized business solutions. Key trends shaping the future of iGaming include live dealer games, blockchain integration, artificial intelligence (AI) and machine learning (ML), enhanced personalization, and shifting regulatory environments. Let’s delve into how these trends influence the industry, presenting new opportunities while paving the way for future growth.
A Closer Look at Emerging Trends
- Live Dealer Games
Live dealer games are revolutionizing the online gaming experience, blending the best aspects of land-based casinos with the convenience of virtual gaming. Players can now engage with real-life dealers via high-definition video streams, enhancing the social component of online gambling. This bridge between physical and virtual casinos introduces interactive features like live chat and immersive gameplay. Industry leaders like Evolution Gaming and NetEnt are setting new standards in player engagement with innovative game formats and top-tier studio setups, redefining the realism and appeal of live gaming.
- Blockchain and Cryptocurrency Integration
Blockchain technology is transforming iGaming by offering unparalleled transparency and security. With blockchain’s ability to enable provably fair gaming, players can verify that each round is fair via an immutable ledger. Cryptocurrencies like Bitcoin and Ethereum facilitate faster, more secure transactions, catering to tech-savvy players who value privacy. Platforms like Bitcasino.io are leading the way, leveraging blockchain to ensure fairness and seamless payments. However, the rise of blockchain also attracts regulatory attention, requiring operators to balance innovation with compliance as governments navigate this new technology.
- Artificial Intelligence and Machine Learning
AI and ML are instrumental in enhancing player experience and operational efficiency. AI algorithms analyze player behavior in real-time, offering personalized game recommendations and promotions. Additionally, AI-powered chatbots provide instant customer support, improving user satisfaction. AI-driven predictive analytics also help operators fine-tune marketing strategies based on player preferences. Companies like Bet365 are already using these technologies to stay ahead of the competition, offering more personalized and efficient gaming experiences.
- Richer Personalization and Engagement
Personalization has become crucial for iGaming operators looking to boost player satisfaction and retention. By leveraging data analytics, companies can offer tailored game recommendations, dynamic bonuses, and individualized promotional offers. This level of engagement enhances the player experience and strengthens loyalty. Industry pioneers like DraftKings and FanDuel push the envelope by offering highly customized features, such as personalized fantasy sports leagues and bespoke betting options.
- Regulatory Changes and Market Expansion
The constantly evolving regulatory landscape offers both challenges and opportunities for iGaming operators. As more regions legalize various forms of online gambling, companies gain access to new markets. With their large populations and increasing internet penetration, emerging markets like Brazil and Nigeria represent lucrative opportunities. However, navigating the diverse regulations in these markets requires agility and strict compliance with local laws to succeed.
- Enhanced Payment Solutions
With digital transactions becoming the norm, the demand for fast, secure, and flexible payment methods is skyrocketing. From digital wallets to instant banking and cryptocurrencies, players expect payment solutions that offer convenience and security. This growing demand is driving innovation in payment processing, giving operators more opportunities to streamline the transaction process while building trust with users.
Future Implications
The Expanding Role of AI and Blockchain
AI and blockchain are not just current trends, but they are poised to play an even more significant role in iGaming’s future. As AI technology evolves, more sophisticated algorithms will emerge, enabling real-time adaptation to player behavior and preferences. Blockchain’s application may extend beyond transparency and security, transforming game mechanics and player interactions potentially redefining how games are designed and played.
Shifting Player Preferences
Player expectations will continue to evolve toward immersive, interactive experiences. As Virtual Reality (VR) and Augmented Reality (AR) become more mainstream, they will significantly influence the future of iGaming. Players will demand more engaging, lifelike environments, pushing the industry to create innovative game formats and features that offer deeper immersion and entertainment value.
Regulatory Developments
The regulatory environment will continue to evolve, and iGaming operators must stay agile to navigate future changes. New regulations may increasingly emphasize responsible gaming and player protection, influencing platform design and operational practices. A more harmonized regulatory framework across jurisdictions could provide stability while requiring operators to prioritize compliance.
Integrating Emerging Technologies
Technologies like 5G and edge computing are set to revolutionize iGaming by enabling faster, more reliable connectivity. This will allow for more complex game designs and real-time player interactions, opening new avenues for innovative gaming experiences. As these technologies mature, operators will have greater opportunities to differentiate their offerings. The potential of these emerging technologies to revolutionize iGaming is truly exciting and promising for the industry’s future.
Final Thoughts
The iGaming industry is on the cusp of significant transformations, driven by technological advancements and shifting player demands. Innovations like live dealer games, blockchain integration, AI, ML, and enhanced personalization are just the beginning. As the industry evolves, staying ahead of these trends will be critical for operators looking to thrive in an increasingly dynamic environment.
At Digicode, we are constantly exploring new technologies and refining our solutions to meet the evolving needs of our clients. Our focus on adaptability and foresight ensures that our clients are not just keeping pace with the industry—they’re leading it.
The post Innovations Redefining iGaming: What Operators Need to Know appeared first on European Gaming Industry News.
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What makes Turbo Games’ provably fair games so special?
A partnership between game developer Turbo Games and iGaming solution provider and aggregator Slotegrator began in November 2022 via the APIgrator game integration solution. Since then, the collaboration has been developing successfully — and now it’s time to analyze what made it successful.
Turbo Games has noticed how the new technologies spreading throughout the industry can work for the good of brand transparency and player loyalty: “We can already see how blockchain technology has made it possible to make betting checks more accessible to players. All you need is a blockchain-hash and a decoder service. We think we will continue to move in this direction. Many traditional online casinos do not offer the possibility to check the bet. Sooner or later we all have to come to this. Perhaps the development of artificial intelligence will help here, because we are already seeing its involvement in all spheres of human life.”
Turbo Games specializes in provably fair games. Provable fairness is a concept where players can verify their wins or losses using blockchain technology — the outcome of the game is dictated by a smart contract and is absolutely random, barring the possibility of any human involvement. Using cryptographic hashing algorithms, the gambling site and the player’s device both generate seeds (random strings of numbers). Players receive a key that allows them to check the results; if the results are the same as the game round they witnessed, it proves that there was no foul play.
According to statistics from Turbo Games, the audience for provably fair games is mostly between 18 and 25 years old. However, there are also players aged 35-40 who prefer traditional games but would like to try something new, and have turned their attention to provably fair games.
There are good odds that the technology of provably fair games will become more popular, if not even commonplace, because it gives players a feeling of transparency and proves that the business is trustworthy without the need to search through dozens of reviews. Whereas many innovations in iGaming simply add entertainment, provable fairness addresses security concerns and reassures players that they’re not being exploited, which is invaluable.
Provably fair games are beneficial for both players and online casinos. Vadim Potapenko, Head of Sales at Turbo Games, comments: “It often happens that the users are not satisfied with the result, because gambling is not only about big wins, but also possible losses. By allowing them to check the fairness of a bet, we make life easier for platforms and players. Of course, this allows us to communicate with partners and users that we work honestly and that’s why they should trust our games.”
Ayvar Gabidullin, Business Development Manager at Slotegrator, adds that “this type of game is now becoming more and more popular and has great potential for both players and game providers in the future. On the part of the player, the advantage is that the player can always be sure that his game is fair and he can independently check any of his bets. And for the game provider, this also simplifies the process of implementing casino games, since now it will not be necessary to obtain the appropriate certificates from independent laboratories before launching new games, they can immediately enter the market with these games and where anyone can check the result and make sure that that there is no cheating with players. Many game providers are starting to look towards this type of game. And as far as I see, many operators are starting to think about adding these games.”
What do players in 2023 need? The iGaming industry is all about reputation and trust. Players have a huge number of platforms to choose from, making them pickier and pickier. There’s an abundance of forums where players leave reviews, so if players view a brand as untrustworthy, there are plenty of places they can share their opinion. Provable fairness not only stops that from happening, it provides evidence to the contrary, giving players something else to talk about.
Slotegrator also recommends investing time and effort into localization and creating an effective and detailed marketing strategy — before trying provably fair technology players need to get to the platform, and there is no acquisition without marketing.
ABOUT SLOTEGRATOR
Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.
The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.
The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.
Slotegrator also provides consulting services in gambling license acquisition and business incorporation.
More information: https://slotegrator.pro/
ABOUT TURBO GAMES
Turbo Games — a provably fair games provider that belongs to Turbo Stars company — has an ambitious goal to establish widespread recognition throughout the iGaming world. Even though it is young, the company consists of professionals who have been working on the brand for over five years and are even planning to introduce a new brand for a wider audience soon.
Turbo Games also works in Europe, India, and South Africa, where the company sees the most potential and expects the same “hype” as in Brazil.
The portfolio of Turbo Games consists of 21 titles, including well-known games like Mines, Crash X, DoubleRoll, Hi-Lo, and Plinko. The studio releases a game every month. However, not all games are developed from scratch. Wicket Blast and Spin Strike, the last two releases, are based on cricket and the Indian Premier League. Crash X remains the most popular fast game in the Turbo Games portfolio, and the studio reports that crash games enjoy stable levels of popularity. Overall, the main focus of the brand is provably fair games.
More information: https://turbogames.io/
Baltics
Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.
Looking to take your career to the next level in the games industry? Then, Nordic Game Talents is the place to be! Games Factory Talents has teamed up with Nordic Game to bring you Nordic Game Talents.
From Oct 27-29, the online and interactive event is dedicated to recruitment and career building in the creative & games industry within the Nordic region. The event empowers participants to be part of a bigger community and motivates them to explore new paths in achieving their career goals.
Hiring creative & games studios – Supercell, Funcom, Panzerdog, Tactile Games, Gamecan, Fingersoft, Dazzle Rocks, Redhill Games to name a few from the Nordic region will be participating in the event. These studios will share information on their latest projects, work culture and what it takes to be part of their team. The individual games associations from Finland, Denmark, Sweden, Norway and Estonia will share insights through live sessions on the booming games industry in their respective countries. Career development topics pertinent to job seekers like – How to have a successful first interview, Creative Portfolio reviews will also be discussed.
Experienced game industry professionals and individuals beginning their careers from around the world are welcome to join the event. One-to-one interviews with the hiring studios can be scheduled through the event platform. A great opportunity to get to know the studios and network with game professionals from around the world.
Participating in the event
As a job seeker attending Nordic Game Talents, take a few minutes to fill out a simple registration form. After filling the registration form you will receive a link to the online event platform – PINE, to join the event on 27th October. Participants joining Nordic Game Talents will also receive a free-of-charge pass to the Nordic Game Conference.
To view the complete agenda, please click here and to learn more about the event please visit Games Job Fair
About Games Factory Talents
A Helsinki-based talent attraction agency dedicated to the games & creative industry. Our services include direct recruitment, organizing game job fairs and managing a community of game industry professionals through our GameDev Talent Board.
To learn more about Games Factory Talents visit – Games Factory Talents
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News7 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018