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Svenska Spel Reports Positive Financial Results for Q1 2020

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Swedish gaming company Svenska Spel has reported positive financial results for Q1 2020 with a slight uptick in online gambling.

Profit for the group amounted to SEK545m (€50million). The results come amid the Coronavirus pandemic, which has seen retail gambling locations close for several weeks.

Net gaming revenues reached SEK2055million (€189million) during Q1, compared to SEK2056million in Q1 2019. Online gaming grew by 13% and the digital business now accounts for 41% of total revenue.

The group has also taken cost-cutting steps to survive in the coronavirus crisis. This includes introducing reduced working hours for 45 of its 135 employees and withdrawal of its proposal for a dividend.

“Svenska Spel, like many other companies and organisations, has quickly been forced to adapt to a new reality with the effects of the coronavirus,” Patrik Hofbauer, President and CEO of Svenska Spel, said.

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SOFTSWISS Strengthens Regulated Market Presence in LatAm with Full Product Certification in Brazil

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The leading tech provider shares key results of H1

SOFTSWISS, a global tech provider with over 15 years of iGaming expertise, delivered robust product growth across its ecosystem and secured official certifications in Brazil and Peru during the first half of 2025. These achievements reinforce the company’s leadership as a provider of reliable, scalable iGaming solutions, with a strategic focus on expansion in LatAm.

The first half of 2025 brought a new wave of significant growth for SOFTSWISS in LatAm with fully localised, compliant solutions tailored to the needs of regional operators. Now, its Game Aggregator, Casino Platform, Sportsbook, and Jackpot Aggregator are officially certified in Brazil, making it a full product lineup ready for operation in one of the region’s most dynamic markets. Additional Gaming Laboratories International (GLI) certifications in Peru represent the next step in SOFTSWISS’ long-term expansion strategy.

By H1 2025, SOFTSWISS sustained its dominant position across flagship products, with several iGaming solutions demonstrating particularly notable growth: 

  • The Game Aggregator expanded its portfolio by 26% across 1,350 brands, giving operators more flexibility.
  • The Jackpot Aggregator reached 100 integrated brands, up 25% since the start of the year – a clear sign that demand for engagement-driven mechanics continues to grow. Jackpot Aggregator campaigns help partners boost player turnover by 50%, driving growth and retention.
  • The Casino Platform continues to power 250 casinos with 99.999% uptime – ensuring uninterrupted gameplay. No bets are lost, no sessions are dropped – a critical factor for operators running 24/7. 
  • Affilka by SOFTSWISS reached 109 million registered users, up 28% since the beginning of the year. The number of active brands surpassed 480, while affiliate account volume rose by 22%, reflecting strong demand for efficient, performance-driven marketing tools.
  • The Sportsbook offers access to 2,000 markets and 200 sports, and supports 100,000 live events, delivering a fast, responsive, and scalable betting experience. 

“We are not just expanding, we are earning trust in new markets. The first half of 2025 showed strong growth across products and markets. Getting certified in Brazil and Peru isn’t just a checkbox – it’s a strong validation for operators that they can count on us to deliver reliable, localised, and fully compliant solutions,” added Max Trafimovich, International Non-Executive Director at SOFTSWISS.

SOFTSWISS is taking bold steps toward long-term growth in Latin America, with a clear ambition to become a leading technology partner for local iGaming operators. By combining global experience with a deep understanding of regional market needs, SOFTSWISS is delivering tailored solutions that help operators launch faster, operate more efficiently, and scale with confidence. 

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 35,000 casino games, the Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

The post SOFTSWISS Strengthens Regulated Market Presence in LatAm with Full Product Certification in Brazil appeared first on Gaming and Gambling Industry in the Americas.

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RedOctane Games Launches: A New Studio Dedicated to Rhythm Gaming Innovation

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A fresh beat is about to drop in the world of music rhythm games. Today marks the official launch of RedOctane Games, a small but passionate studio founded by veterans of the rhythm game world, alongside exceptional new-generation developers, creators, and community leaders from the global rhythm gaming scene.

RedOctane Games is focused solely on advancing the rhythm game genre combining the past with the future and being driven forward hand in hand with this well-established and respected community of gamers. The team has been busy in pre-production over recent months and has now officially entered production on its debut rhythm-based title, which is expected to be announced later this year.

Heading up the studio is Simon Ebejer, a seasoned games industry leader who was the Production Director on several Guitar Hero titles during his time at Neversoft, later becoming Studio Head at Vicarious Visions and VP of Operations at Blizzard Entertainment, where he played a pivotal role in the organization and delivery of Diablo IV.

The RedOctane Games team includes creators and developers who helped create and scale Guitar Hero and DJ Hero nearly two decades ago, as well as proven emerging development talent and community leaders from across today’s rhythm gaming space. The studio is being built with the community from the ground up, ensuring that players are part of the creative journey from day one.

In addition, it has been announced that brothers Charles and Kai Huang will join a special advisory board for the company. Charles and Kai were the original founders of the Guitar Hero franchise back in 2005, having partnered with Harmonix Music Systems to launch the groundbreaking title that helped define a generation of rhythm gaming. Their involvement brings deep heritage and insight to the studio’s future direction.

“Rhythm games are about more than just gameplay they’re about feel, flow, and connection to the music and to each other,” said Simon Ebejer, Head of Studio. “RedOctane Games is our way of giving back to a genre that means so much to us, while pushing it forward in new and exciting directions.”

With community-built development at its core and a strong foundation of technical and creative talent, RedOctane Games is ready to deliver the next evolution in rhythm gaming.

The post RedOctane Games Launches: A New Studio Dedicated to Rhythm Gaming Innovation appeared first on Gaming and Gambling Industry in the Americas.

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Spinomenal launches mythology-themed Majestic Zeus

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Leading iGaming content provider Spinomenal has launched its mythology-themed Majestic Zeus slot.

Set at the foothills of Mount Olympus, Majestic Zeus welcomes players to a Grecian world where the rewards are potentially as large as the mountains themselves. The 5×3 frame is nestled between two towering columns adorned with Grecian goddesses. A thunderous, powerful musical score evokes the might of Zeus and heightens the entertainment.

Players who find three Zeus symbols will launch the Free Spins game. Before entering Free Games, players must take a turn on the Wheel of Fortune to determine the free spins total, between 10 and 40, and the symbol will be doubled for the round.

Three blue lightning bolts will trigger the Bonus feature in Majestic Zeus. Three spins are granted to players instantly, and the mission is filling the metre by collecting Scattered winning symbols. Five Scattered symbols will complete one cell in the metre. Additional spins can be earned with the +1 symbol and once the spins end the final total is paid out calculated by the final filled metre cell.

Majestic Zeus also has Stacked Wilds available where once the reels are spinning, Wild symbols have the ability to appear on the reels to increase the chance of a win. During the base game, Only Double Symbols can come into play, making all symbols appear in their double form.

Spinomenal CO-CEO, Omer Henya commented: “Majestic Zeus is sure to make a lot of noise amongst players thanks to its epic combination of myth, mechanics, and multiplier potential. The game looks and sounds superb — we’re expecting big results from it.”

The post Spinomenal launches mythology-themed Majestic Zeus appeared first on European Gaming Industry News.

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