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Industry Awards

Jumbo Appoints New CFO as Financial Results Climb

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Sharing its financial results for the six-month period ending December 31, 2023, 1H23, Jumbo Interactive also confirmed Jatin Khosla has begun his new role as chief financial officer.

Revenue for 1H23 reached $73.9m, up 18.4% over the 1H22 figure. Underlying EBITDA was also up 15.5% to $35.1m.

Jumbo CEO and founder Mike Veverka said: “1H23 was a tough comparative period with three $100m+ jackpots including a $160m Powerball. We are very pleased with the solid 1H24 revenue growth in lottery retailing despite slightly lower ticket sales and subdued jackpots. Looking ahead, the second half of FY24 has started extremely well with a record $200m Powerball in February, our best draw to date.

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“Despite the final step-up in The Lottery Corporation service fee, disciplined cost management and strong revenue growth resulted in lottery retailing EBITDA margin expansion in the half. Revenue growth from our international subsidiaries was in line with our mid to high single digit growth expectations, with these businesses now representing almost 20 per cent of group revenue.”

Kholsa was announced as the interim CFO last October, but now he officially takes on the role.

Industry Awards

Galaxsys Wins SiGMA Europe Award for ‘New Casino Game of 2024’ with Tower Rush

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Galaxsys is proud to announce that its latest game release, Tower Rush, has been named “New Casino Game of 2024” at the SiGMA Europe Awards.

The SiGMA Europe Awards celebrate the best in innovation and excellence across the iGaming industry, bringing together industry leaders to recognise the year’s top performers. Galaxsys is proud to be among this year’s winners, with its new turbo game, Tower Rush, receiving its first award as “New Casino Game of 2024”.

Tower Rush, a unique blend of strategy and thrill, has quickly gained popularity across multiple regions. The game’s unique mechanics challenge players to think strategically while keeping the gameplay fun and intuitive.
By making quick decisions and balancing risk and reward, players build an endless chain of floors, stacking them to achieve the highest possible odds. This combination of intuition and strategy has made Tower Rush a standout addition to Galaxsys’ portfolio.

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Hayk Sargsyan, CEO of Galaxsys, expressed his excitement about the award: “Tower Rush is one of those games that we knew would be a hit from the start, but it has far exceeded our expectations by winning the SiGMA Europe Award less than six months after its launch. It’s incredibly rewarding to see the hard work and dedication our team put into this game recognized on such a prestigious stage. This award further strengthens our commitment to creating fun, innovative games that players truly enjoy.”

Galaxsys is passionate about developing innovative, engaging, and visually attractive games. Tower Rush exemplifies this dedication, combining exciting gameplay with interactive design to offer players a thrilling and rewarding experience.

The post Galaxsys Wins SiGMA Europe Award for ‘New Casino Game of 2024’ with Tower Rush appeared first on European Gaming Industry News.

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Industry Awards

The Best Performing Slot Game 2024 is Shining Crown Bell Link

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EGT Digital is thrilled to announce that it won the Best Performing Slot Game 2024 award at last night’s prestigious SiGMA Europe Awards ceremony. This annual celebration, held as part of the SiGMA Europe summit in Malta, honours exceptional achievements to the iGaming industry, and we are incredibly proud to be recognized among the best. This marks our second award, as we also took the “Outstanding Contribution to Gaming 2024” prize at the B2B segment of the Awards.

Our slot game, Shining Crown Bell Link, earned this accolade for its appeal, popularity and performance. As a standout title in our Bell Link jackpot series, Shining Crown Bell Link has captivated players across global markets with its engaging gameplay and dynamic pay table. This thrilling twist on the classic fruity slot combines vibrant animations and an exhilarating four-level jackpot structure that players love to return to. The Bell Link jackpot series itself has become one of EGT Digital’s most successful products, and this prize is another proof of a job well done.

The post The Best Performing Slot Game 2024 is Shining Crown Bell Link appeared first on European Gaming Industry News.

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Industry Awards

SOFTSWISS Becomes Best Platform Provider at SiGMA Europe Awards 2024

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SOFTSWISS, a global tech expert with over 15 years of experience providing innovative iGaming solutions, has been awarded the Best Platform Provider at the SiGMA Europe Awards 2024. This accolade highlights the company’s unwavering dedication to delivering robust tech solutions that empower iGaming operators worldwide.

The SiGMA Europe Awards honours exceptional achievements in iGaming, bringing together industry leaders to celebrate the year’s top performers. To secure this award, candidates are assessed on innovation, impact, and business results to name just a few criteria. The past year for SOFTSWISS was marked by impressive growth and achievements, which influenced the positive evaluation by the expert jury.

In 2024, SOFTSWISS demonstrated significant progress across its portfolio. Recent accomplishments include the acquisition of Turfsport, expanding SOFTSWISS’ reach into the South African market, and investments in Ously Games, opening a new niche in the social entertainment sector. 

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Additionally, obtaining the first-ever B2B Tobique Gaming Licence in Canada, expanding into Bulgaria, and receiving the South African certification underscore the company’s continuous growth and adaptability in the global market. These strategic moves have elevated the SOFTSWISS iGaming ecosystem, with the SOFTSWISS Casino Platform at its core, to a new level, earning notable recognition from industry experts.

Vitali Matsukevich, COO at SOFTSWISS, comments: “Receiving the Best Platform Provider award reaffirms the success of our flagship product and our strategic direction in the iGaming sector. This achievement serves as positive feedback from the industry that our ecosystem approach is the right path forward. I am truly inspired to receive this award, and I would like to express a big thank you to our team for their dedication and professionalism and our partners for their trust!”

As an industry leader, SOFTSWISS has recently released the iGaming Trends 2025 report, offering an in-depth analysis of trends shaping the industry in the coming years. The SOFTSWISS team surveyed a broad spectrum of industry experts – including operators, game developers, technology providers, media professionals, and affiliate marketers – to gather insights across various segments of the market. Insights from SOFTSWISS leadership were also collected, leveraging their expertise and deep industry knowledge.

Additionally, the team conducted an AI-assisted review of 53.9K news headlines from major media sources between 1 January and 1 October 2024, to identify key trends, emerging issues, and industry shifts. Manual reviews of selected resources ensured a comprehensive understanding of both content and context.

 

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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 23,500 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 Becomes Best Platform Provider at SiGMA Europe Awards 2024 appeared first on European Gaming Industry News.

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