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Scout Gaming Publishes Q3 2021 Results

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Scout Gaming has published its results for the third quarter of 2021 (Q3 2021).

Extract from CEO Andreas Ternstrom’s commentary to the Interim Report.

“During the quarter, we have worked intensively to launch our tier 1 clients. An example is Norsk Tipping, which now has launched Fantasy Sports games for real money. After the end of the quarter, we launched Fantasy e-sports with Razer and we will launch with ATG before year-end. These tier 1 clients will generate growth during 2022 and beyond. Launching tier 1 customers is the most important cornerstone of our strategy.

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“The operator index was unchanged compared with the previous year, which is primarily due to a very strong development during the third quarter of 2020 when the Group benefited from the condensed calendar of sporting events after Covid-related disruptions – there have not been as many fantasy-related, playable events in the third quarter. Compared with the third quarter of 2019, the index increased by 168 percent.

“Revenues were negatively affected in relation to last year for the reasons mentioned above. As a result, however, we had lower marketing costs during the quarter, which in turn resulted in an improved EBITDA compared to the previous year. This in turn shows the flexibility of our underlying business and that the work of optimizing our marketing costs is functioning.”

Highlights

Quarter July – September 2021

  • Revenues were mSEK 12.2 (15.0), a decrease with 19% compared to corresponding year.
  • EBITDA improved to mSEK -6.3 (-11.6).
  • Net result was mSEK -11.9 (-13.4)
  • Earnings per share amounted to SEK -0.6 (-0.7)
  • Operator trading index (which illustrates the underlying client activity) was 2,410 (2,421).
  • Scout Gaming conducted a directed share issue of approximately 2 million shares on a subscription price of 27 SEK, amounting to mSEK 54.
  • Subscribers were Ellerston Capital Limited, Topline Capital Partners LP, Lupus alpha Investment GmbH, Scobie Ward (SWIM Capital), Knutsson Holdings AB and Provobis Holding AB.
  • Scout Gaming has launched its fantasy software in a “social gaming” version.
  • Regarding the above platform, Scout Gaming has signed 3 agreements in the US market, Masters Cup Series, a billiard tour in the US, Skylands Events and University Sports & Entertainment regarding the baseball league “Frontier League” and “eFangage” with Backal Hospitality Group, where the product will be used as a gaming platform for the relationship between sport bars / restaurants and their visitors.

Interim period January – September 2021

  • Revenues amounted to mSEK 39.5 (30.0)
  • EBITDA amounted to mSEK -34.6 (-33.4)
  • Net result amounted to mSEK -38.1 (-40.7)
  • Earnings per share amounted to SEK -1.7 (-2.3)
  • Events after the period ended
  • Scout Gaming has launched Betano (part of Kaizen Gaming) in Brazil.
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EvenBet Gaming to Showcase Pioneering Poker Products at SBC Summit 2024

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EvenBet Gaming, a leading developer of online gaming software and solutions, is set to unveil its latest industry-leading poker platform update and exhibit its brand-new In-Store feature at the upcoming SBC Summit in Lisbon.

Launched at the beginning of September, the In-Store platform feature provides players with unprecedented access to perks directly from the lobby or poker table. Available benefits include Time Bank packages, Insurance Buying and Opponent Game Statistics, with each perk designed to enhance the player experience and drive revenue for EvenBet’s partners.

The EvenBet team will be located at Stand B820 and will outline the key aspects of the In-Store feature, as well as demonstrate the advantages of third-party casino game integration, revealing how operators can diversify their revenue streams.

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The provider is also set to announce a major update to its Poker Clubs platform in October, which will improve software flexibility and player engagement options.

EvenBet will kick off the summit by hosting an exclusive poker tournament on Tuesday 24 September, an invite-only event featuring C-suite executives from across the industry.

Dmitry Starostenkov, CEO at EvenBet Gaming, said: “The SBC Summit is one of the biggest events on the calendar for us, and this year it will be even better. We are heading to Lisbon with an even better team, and they are ready to explore an even better poker platform with our valued partners and prospective clients.

“We are also hosting a C-level poker tournament on the first day, which should be a lot of fun and give us an indication of who the best players are in our industry.”

The post EvenBet Gaming to Showcase Pioneering Poker Products at SBC Summit 2024 appeared first on European Gaming Industry News.

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BetConstruct Unveils Last Battle: A Revolutionary Loyalty System for iGaming

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In yet another innovative move, BetConstruct has announced a brand new loyalty system that is set to transform player engagement and retention strategies for the company’s partners and iGaming platforms worldwide.

Named the “Last Battle” this system allows partners to tailor every aspect from loyalty cards to reward structures, creating a unique and immersive experience for their players.

How the Last Battle Works
At its core, Last Battle gamifies the player experience, allowing them to earn XPs (points) for completing actions such as account verification and wagering. The more XPs a player collects, the more levels and loyalty reward cards they unlock. Partners can customise each loyalty card and its exclusive rewards to suit different player segments.

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Two Editions to Choose From
Last Battle comes in two distinct editions, catering to both entry-level and advanced partners:

Model 1: Ready-to-Go
This edition offers a predefined loyalty tree with a fixed cost per player, making it ideal for partners looking for a simple solution. They can instantly integrate Last Battle into their platform, knowing exactly how much they are investing in player loyalty while enjoying effortless system management.

Model 2: Hero Edition
More suitable for established partners, the hero edition integrates directly with their CRMs, allowing full control over the loyalty system. They can also assign specific rewards to different player groups, enabling players to trade, gift, or sell their loyalty cards, and tailor every aspect of the engagement process.

Additional Features
• Boost Player Engagement: Players stay motivated with tiered levels and tailored rewards, driving them to return and play more.
• Maximise Retention: Dynamic loyalty cards keep users engaged, increasing their loyalty over time.
• Fully Customisable: Partners have complete control over loyalty cards, reward structures, and messaging, making it easy to create a system that aligns with their brand.
• Easy Integration: Model 1 provides a quick and seamless setup for operators looking for instant solutions.
• Advanced CRM Capabilities: Model 2 offers sophisticated loyalty management, allowing operators to create truly personalised experiences for their players.
• Player Marketplace: Players can trade, gift, or sell their loyalty cards within the platform, adding another layer of engagement.

With comprehensive features and a fully customisable nature, BetConstruct’s Last Battle is shaping up to be yet another game-changer offering from the company. More details and updates about the Last Battle are yet to be revealed, and it is currently live on BetConstruct’s platform.

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TaDa Gaming Gets Pulses Racing in Dynamic New Release Speed Baccarat

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TaDa Gaming, a leading provider of immersive casino entertainment content, is delighting baccarat fans and novices alike with Speed Baccarat, the latest addition to its portfolio of classic table games with a twist.

With just three outcomes – Player Wins, Banker Wins or a Tie – Speed Baccarat is a thrilling and intriguing game of chance but with added Multipliers to get players’ hearts pumping.

As in standard baccarat, players try to predict whose hand – Player or Banker – will win by having the value closest to 9 and, as always, TaDa Gaming has put its signature innovation on its version of 007’s favourite card game.

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Not only eight decks of cards excluding jokers, but the fastest gameplay per round keeps the excitement levels at maximum.

Speed Baccarat lives up to its name by upping the pace from traditional and other quick play baccarat slots, with players enjoying a suspense-filled 23 seconds per hand including the 10 second countdown before the bets are locked. No other speed baccarat slot plays out this fast and yet there is still more to come.

Click the lightning strike EX symbol on the screen to start the Lightning Bet Option. This requires an extra 50% of the wager value for an additional 1-5 cards to be drawn and a random Multiplier applied to each card, significantly raising the excitement levels.

Plus, in the Lightning Bet round, if any of the extra cards awarded a multiplier is then dealt in that hand, the card lights up for instant recognition and an extra Multiplier on the Lightning Bet’s cards is awarded. All additional multipliers will be added together when plural multipliers are triggered in the round being played.

Sean Liu, Head of Product Management at TaDa Gaming, said: “Delivering dynamic play is the driving process behind our Speed Baccarat release. We want all players to appreciate this traditional High Roller slot but with ramped up timing to make it ‘edge of your seat’ gaming that appeals across the board.”

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