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Cricket star Dinesh Karthik is next to join forces with Win Millions Lotto to help Indian charities

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Cricket enthusiasts have reason to celebrate as one of the sport’s most renowned faces, Dinesh Karthik, joins forces with Win Millions Lotto in a noble effort to support educating children across India.

Having left an indelible mark on Indian cricket with his stellar performances in Test matches, One Day Internationals (ODIs), and T20 games, Karthik continues to add sparkle to his already illustrious career. Balancing his star role for Royal Challengers Bangalore in the IPL with a burgeoning media presence, including commentating for Sky Sports’ coverage in the United Kingdom, Karthik now embarks on a ground-breaking partnership with Win Millions Lotto.

Through his Instagram, Facebook, and Twitter pages, Karthik will encourage his loyal fans to purchase lottery tickets from Win Millions Lotto, with the lion’s share of proceeds benefitting an excellent cause. It’s an opportunity for his passionate supporters to not only test their luck and potentially win life-changing sums of money but also to make a tangible difference to young lives.

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This monumental collaboration sees Karthik support the Rhapsody Music Foundation, a remarkable charity that employs the power of music as a tool for learning among children. Embracing the philosophy of “Education Through Music”, the foundation draws on scientific research highlighting music’s profound impact on various aspects of a child’s brain development.

The rise of online lotteries has captured the imagination of countless Indians, and now, Karthik’s fans can actively contribute to his cherished charity by engaging with Win Millions Lotto through his social media channels. This convergence of sports and philanthropy signals a promising trend, with revered West Indian icons Sir Champion, Dwayne Bravo, and Andre Russell, affectionately known as Dre Russ, already collaborating with Win Millions Lotto for the benefit of their own chosen charities.

However, these partnerships are only the tip of the iceberg for Win Millions Lotto, as the site aims to assemble an impressive line-up of celebrities from the worlds of sports, cinema, and music in its mission to aid charities across India.

Karthik is enthusiastic about this partnership, stating, “I’m delighted to work with Win Millions Lotto to support a charity with a special place in my heart. I firmly believe in the transformative power of music in the lives of children across India, and I urge my fans to play Win Millions Lotto to help support Rhapsody. It’s also fantastic to reunite with Andre, who is also supporting this worthy cause. We hope that, like our partnership at Kolkata Knight Riders, our endeavours in supporting Rhapsody will be truly memorable!”

The CEO of Win Millions Lotto, Sulim Malook, voiced his delight at welcoming Dinesh as the latest addition to the team, following in the footsteps of Dwayne and Andre. Malook emphasized the pressing need for funding in the charity sector. He commended the proactive efforts of sports stars in making a positive impact.

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Win Millions Lotto’s innovative approach empowers high-profile personalities to leverage their social media platforms for the greater good. Simply by posting on their social media, celebrities can encourage their fans to support charities while giving them a chance to win life-changing fortunes and other exciting prizes. With lottery players often sticking to their lucky numbers regularly, charitable beneficiaries can count on a continuous stream of support week after week, year after year.

In a world where sports and philanthropy intertwine, Dinesh Karthik and Win Millions Lotto exemplify the power of unity, leveraging their platforms to uplift the lives of the less fortunate with every ticket sold.

CEO of Expanse Studios

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

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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.”

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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.

 

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

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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.

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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.

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

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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:

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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.

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