Latest News
QTech Games deepens its offering with AD LUNAM, 1X2 Network’s rising star of the popular arcade genre
QTech Games, the number-one games distributor across all emerging markets, has announced its latest premium partnership with AD LUNAM, the rising-star of the thriving arcade genre from award-winning 1X2 Network’s portfolio of igaming brands.
This deal sees yet another state-of-the-art igaming arsenal launch a series of diverse and differentiated games, focused on the casual player.
AD LUNAM is committed to delivering never-before-seen gaming content that will appeal to the current generations of online gamblers who demand more from their gaming experiences. With a dedication to innovation and intuitive-yet-bold mechanics, this studio is aimed at revolutionizing the igaming in a manner that matches up perfectly with QTech Games’ all-encompassing reach across Asia and other emerging markets.
As part of the expanding 1X2 Network, AD LUNAM represents another product-range extension for its parent company, sitting alongside more established studio brands, like 1X2 Gaming (retail) and Iron Dog Studio (premium video slots), as a key component of 1X2 Network’s wider multi-studio strategy.
AD LUNAM will elevate the depth and breadth of arcade-style options on offer to QTech Games’ partners via a new range of games, non-traditional concepts and branded content offerings. Games produced by this studio will feature trending franchises like “crash” games, whereby a scale of multiplier begins growing and players must test their nerve to “cashout” before a random end-game event happens.
Originating in the video-gaming industry, this format has become increasingly popular in digital and crypto casinos, due to its simplicity and exciting user experience. These games combine components of video games and social media with “smart” gamification features, making for a deeper, more immersive journey. Self-evidently, offering a totally different experience from other games because it is interactive. Players enjoy becoming active participants by making their own decision to cashout at the right time. This genre adds a feeling of first-person control, coupled to a blended betting and video-slot experience. And as a result, these games now boast the highest conversion rates from the next generation of player types, particularly millennials.
AD LUNAM will also showcase a suite of engaging digital content that delivers sought-after social, multiplayer and arcade-quality gameplay to allow the next igaming generation to play on their preferred terms across QTech Games’ patchwork multiplicity of territories which demand their own solution for player-proclivities.
As the fastest-growing distributor in Asia in recent history, QTech’s platform boasts the broadest gaming portfolio around, localised for each region, with native mobile apps, powerful reporting and marketing tools, and 24/7 local-language support.
Daniel Long, CCO at QTech Games, said: “AD LUNAM’s thirst for varied state-of-the-art content is unquenchable, and the recent launch of the Maverick series bears fitting tribute to that fact. They’ve got our top operator partners covered for the in-demand arcade gaming vertical, wherever they set their scene on the worldwide stage.
“Together, we can continue to raise the bar and shape a localised experience for global players across varied cultures. We can’t wait to see how these games perform across a range of untapped markets.
Alex Ratcliffe, CPO at 1X2 Network said: “We’ve been thrilled to see such amazing uptake of our flagship game Maverick since we launched earlier in the year. We said on launch that we built Maverick based on the feedback of operators and the follow-up Maverick X was created with the same mindset. It’s great to see a platform with such a wide and trusted distributional scope as QTech Games’ extending AD LUNAM’s global reach. We have a growing pipeline of arcade and alternative games that I’m sure their clients’ expansive demographics will enjoy.”
Latest News
7777 gaming enters the Georgian market in partnership with Europebet
7777 gaming, a leading provider of online casino games, is thrilled to announce its entry into the Georgian market through a strategic partnership with Europebet – one of the leading online gambling operators in the region, part of the renowned Betsson Group since 2015.
7777 gaming presents an expansive collection of more than 100 online casino games, each meticulously certified to comply with Georgia’s latest legal standards. With a focus on innovation and quality, 7777 gaming provides unique and engaging casino experiences that cater to the preferences of the new generation of players.
The direct integration of 7777 gaming’s content into Europebet’s platform demonstrates a commitment to offering players a premium gaming experience with a wide range of high-quality titles. Through this integration, players at Europebet in Georgia can enjoy 7777 gaming’s engaging and diverse games portfolio, such as Cash 100, Barbarian, Candy Anyways, Sea of Treasures, Diamonds of Majesty, and Thracian Treasures.
Elena Shaterova, Chief Commercial Officer at 7777 gaming, stated: “We take pride in our relentless dedication to adhering to the latest legislative requirements in Georgia’s online gambling sector. Recognizing the immense potential of this lucrative market, we eagerly join forces with Europebet, a renowned brand synonymous with thrilling gameplay, innovation, and creativity.”
Mindia Tsiklauri, Slots Product Manager at Europebet said: “Our partnership with 7777 gaming introduces a new dimension of entertainment for our players. Their extensive and distinctive game selection adds valuable diversity to our platform, a sought-after quality in our vibrant and competitive market. Continuously seeking innovative avenues to captivate our audience, we view 7777 gaming as an invaluable ally in our ongoing mission.”
The post 7777 gaming enters the Georgian market in partnership with Europebet appeared first on European Gaming Industry News.
Detroit casinos
Detroit Casinos Report $102.9M in October Revenue
The three Detroit casinos reported $102.9 million in monthly aggregate revenue (AGR) for the month of October 2024, of which $103.7 million was generated from table games and slots, and negative ($826,796) from retail sports betting.
The October market shares were:
• MGM, 48%
• MotorCity, 30%
• Hollywood Casino at Greektown, 22%
Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of October 2024 increased 26.9% when compared to the same month last year. This remarked increase is due in part to when casino employees went on strike on Oct. 17, 2023, which caused AGR totals to be lower than normal. October’s monthly revenue was 2.4% higher when compared to the previous month, September 2024. From Jan. 1 through Oct. 31, the Detroit casinos’ table games and slots revenue increased by 3.0% compared to the same period last year.
The casinos’ monthly gaming revenue results all increased compared to October 2023:
• MGM, up 32.4% to $49.4 million
• MotorCity, up 26.7% to $31.7 million
• Hollywood Casino at Greektown, up 16.5% to $22.6 million
In October 2024, the three Detroit casinos paid $8.4 million in gaming taxes to the State of Michigan. They paid $6.6 million for the same month last year. The casinos also reported submitting $12.8 million in wagering taxes and development agreement payments to the City of Detroit in October.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $22.19 million in total retail sports betting handle, and total gross receipts totaled negative ($822,552) for the month of October. Retail sports betting qualified adjusted gross receipts (QAGR) were down by $2.0 million in October when compared to October 2023, and down by $1.6 million when compared to September 2024.
October QAGR by casino was:
• MGM: negative ($474,293)
• MotorCity: negative ($528,408)
• Hollywood Casino at Greektown: $175,905
During October, the casinos paid $6,649 in gaming taxes to the state and reported submitting $8,127 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Fantasy Contests
For September 2024, fantasy contest operators reported total adjusted revenues of $1.1 million and paid taxes of $89,282.
21VIRAL
21VIRAL Integrates Air Dice Group Games
21VIRAL, the Latin American-focused games aggregator and solution provider, has onboarded Air Dice Group’s games portfolio.
21VIRAL, which is creating a streamlined integration, onboarding and transparent pricing in the iGaming casino and game aggregation supply vertical, announced the onboarding of Air Dice Group today.
The distribution deal allows 21VIRAL access to Air Dice’s complete portfolio of content. Air Dice specialises in strategy-influenced money games, which are in high demand across Latin America.
Christoph Härtel, CEO of 21VIRAL, said: “Our business is customer-first, and building out a great CRX experience is our goal. Having looked at the market incumbents, we decided to specialise in the Latin American market, given its current growth, which is double-digit, and is expected to maintain high levels of growth over the next 5 to 10 years.”
“We have already onboarded several industry-established operators and game providers in record time using AI to facilitate faster and more streamlined workflows. We are, therefore, delighted to work with Air Dice Group to ensure their massively popular games, such as Wild Cash, Coco Craze, and Book of Goddess, are available to our operator’s portfolio of games content.
However, one of the limiting factors, especially if you are an operator or game provider, is the technical integration expertise and market access within the supply chain. If a game provider wishes to have their games deployed on Operator A’s website, but they are yet to be available to that operator, 21VIRAL’s GameConnector will be the provider’s enabler with all the technical integration, heavy lifting, and onboarding. We will also offer reverse integration, which means that we integrate our GameConnector Platform into their systems – therefore, the operators have less effort.
Simply, it’s a win-win, as many game providers in other territories, such as continental Europe, lack the commercial and technical distribution to enter LatAm—we do all that from them—and the operator gets access to the unique game content in the supply chain that can enhance their players’ engagement and revenue opportunities.”
Rocio Moitino, Director for LatAm, Air Dice Group added: “Latin America has proven to be an expanding and high-growth market for our games content over the last few years, and it continues to increase. We are delighted to increase our market accessibility with 21VIRAL’s team, as they provide faster speed to market to enable operators to access and publish our unique games to their casino lobby in quicker timeframes.”
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