Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Latest News

EGT Spain increases its footprint at Casinos Grup Peralada

Published

on

Reading Time: 2 minutes

 

EGT Spain has completed a number of installations in some of Casinos Grup Peralada’s best known venues in the country, raising the level of satisfaction of the slot aficionados. Casino Tarragona, famous for its modern, friendly style and splendid location, has chosen for its guests the P-42V St Curved cabinet for its vast, curvy display, proven quality and ergonomic features. The operator has since received numerous positive remarks for the machine and its gaming mixes – Orange and Green Collection of 48 titles each.

In addition to that model the legendary Casino Peralada, housed in a fourteenth-century castle, and the top class Casino Barcelona have also opted for the Super Premier 75 cabinet. In both establishments the “super” model has been given the chance to serve their most respected players and the feedback shows that it completes its mission in a distinct way. This is thanks to its 75-inch curved display (the most spacious in the gaming industry), the adjustable multimedia chair, the rich in variety multigame mixes and the provided unmatched levels of comfort.

“EGT Spain and Casinos Grup Peralada have established a relationship based on trust and high performance and our recent installations are in line with the values and experience we have shared,” commented Kristian Kostovski, director of EGT Spain. “Our partner is already convinced in the advantages of EGT’s slot cabinets – in all the three casinos we have previously installed our bestselling P-24/24 Up together with several other models that have all proven their player retention features, uncompromising quality and attractiveness. The team of Casinos Grup Peralada also keeps track of our latest product developments. Most probably some of them will be part of our future projects, so I am optimistic that together we will continue to gain the approval of the local gaming audience.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

For several years EGT Spain has gradually increased the number of its installed machines in different regions in the country. Among its most popular models are the cabinets P-24/24 Up, Super Premier 75 and P-27/32 St H. The recently attained certification of its B2 Saloon developments has made possible for the company to serve much wider range of customers. “Currently the greatest demand we meet is for this kind of products, but as soon as the situation in our sector normalizes, we will be back to our previous raising installation tempo of C-type cabinets,” concluded Mr. Kostovski.

Continue Reading
Advertisement

CEO of Expanse Studios

Expanse Studios (GMGI) Enters the U.S. Sweepstakes Market

Published

on

expanse-studios-(gmgi)-enters-the-us.-sweepstakes-market

North American Expansion Kicks Off Through Strategic Partnership with Moozi

Golden Matrix Group’s game development division, Expanse Studios, has officially entered the U.S. sweepstakes market, marking a significant milestone in its North American growth strategy. This move is powered by a strategic content partnership with Moozi, one of the most dynamic sweepstakes social casino platforms in the region.

With Moozi now featuring over 50 of Expanse Studios’ top-performing games—including immersive slots, crash games, and table games—this partnership positions GMGI to capture a share of the $5.6 billion U.S. sweepstakes market, projected to more than double to $11 billion by 2025 (Eilers).

Damjan Stamenkovic, CEO of Expanse Studios, commented:

“This partnership signifies our formal entry into the U.S. market, showcasing the innovation and player-first experiences that define Expanse Studios. Collaborating with Moozi enables us to deliver advanced gaming content to a growing audience in North America, a key region for our global growth.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

James Anderson, Moozi’s CCO, added:

“Expanse Studios has set a high bar for engaging and innovative gaming experiences. Their addition to our platform elevates Moozi’s offerings and strengthens our mission to lead the U.S. sweepstakes social casino space.”

This launch underscores Expanse Studios’ commitment to innovation and its long-term growth trajectory in regulated markets. By entering the North American sweepstakes market, Expanse Studios takes a bold step in expanding its footprint while delivering cutting-edge gaming experiences.

 

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Latest News

GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline

Published

on

gamcare-releases-annual-report-following-record-breaking-year-of-support-on-the-national-gambling-helpline
Reading Time: 2 minutes

GamCare’s National Gambling Helpline received a record 55,228 calls and online chats from people experiencing gambling harm in 2023-24 – a 25% increase from the previous year – according to the charity’s Annual Report.

In a year marked by uncertainty over the future shape and structure of the gambling harms treatment sector following the previous government’s white paper on gambling reform, the charity continued to prioritise those at-risk of, or currently experiencing, gambling harm.

Of all calls and online chats that were responded to on GamCare’s Helpline in 2023/24, 41,070 (74%) were classed as supportive interventions. This includes supporting people with initial guidance and advice as well as delivering a seamless entry point into structured treatment services, with individuals completing treatment reporting a significant reduction in gambling-related distress and financial harm.

In March 2024, the Office for Health Improvement and Disparities published an assessment of the gambling treatment system, highlighting that 57% of individuals engaging in treatment were referred by the National Gambling Helpline. This underscores the Helpline’s critical role in connecting people to the support they need. Over 9,100 free treatment sessions were delivered in the year to April 2024, with an average of just 2.1 days’ wait from point of referral.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

GamCare’s targeted programmes aimed at young people, women, and the criminal justice system provided training on how to spot the signs of harms and where to signpost into support for 10,344 professionals, and education for 53,324 young people, children and parents. The Women’s Programme, in partnership with organisations such as Refuge, trained 3,813 professionals to recognise and address gambling-related harm among women.

Margot Daly, Executive Chair of GamCare’s Board, says: “Throughout a challenging year and with heightened demand for our services, GamCare’s staff have got on with the job of preventing harm where possible and treating harm where necessary. While we expect important changes in the gambling harms landscape, we have been determined not to let this uncertainty affect our relentless focus on the people who really matter – those at-risk of or currently experiencing gambling harms.

“I would like to thank and pay tribute to our frontline staff who provide 24/7 support for all those at risk or in distress. I also want to thank GamCare’s senior executive team who have steered GamCare through a period of sustained change, and to my fellow trustees for their guidance, unwavering support and the time each has dedicated to ensuring that the charity stays on course and on mission.

“As we look ahead to how the future of the gambling harms sector is shaped, we are committed to working proactively with the NHS and other partners and commissioners to ensure that people are continually able to receive the right support at the right time.”

The post GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Latest News

Kambi Group plc repurchase of shares during 18 December – 23 December 2024

Published

on

kambi-group-plc-repurchase-of-shares-during-18-december-–-23-december-2024
Reading Time: 2 minutes

Kambi Group plc (“Kambi”) has during the period 18 December to 23 December 2024 (the “Buyback Period”) repurchased a total of 40,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.

During the Buyback Period, Kambi repurchased a total of 40,000 ordinary B shares at a volume-weighted average price of 99.13 SEK. From the beginning of the Programme, which started on 6 November, until and including 23 December 2024, Kambi has repurchased a total of 344,000 ordinary B shares at a volume-weighted average price of 104.94 SEK per share.

During the Buyback Period, Kambi has repurchased shares as follows:

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Date Aggregated daily
volume (number of
ordinary B shares)
Weighted average
share price
per day (SEK)
Total daily
transaction
value (SEK)
18 December 2024 10,000 100.00 999,967
19 December 2024 10,000 99.39 993,929
20 December 2024 10,000 98.86 988,588
23 December 2024 10,000 98.26 982,562

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 23 December 2024, Kambi’s holding of its own shares amounted to 344,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.

A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.

Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/

The post Kambi Group plc repurchase of shares during 18 December – 23 December 2024 appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending