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Casino Software Providers 2021

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In the wake of general isolation and quarantine, each industry received its implementation on the Internet. Some did not take root, some no longer presented themselves to people in a different guise, while others have already been in it for a long time, but as if they got a second wind, they began to develop even more rapidly. Online gambling can be attributed to the third type since it has been popular since its inception because it has made the casino more accessible and closer to the average person. Now real money slots are one of the most serious for players in the online entertainment market. The increased demand of players is fully and completely satisfied by the constant updating of the gaming catalog of providers, and the emergence of new casinos that offer a new experience. First of all, this merit should be assigned by the developers of software for games for gambling projects, because they are responsible for each masterpiece of entertainment. Avid gamblers first of all pay attention to the gaming provider and the number of games in a particular gaming club. 

It is worth immediately explaining who the casino providers ​are and why they are needed. These are development companies, which in their structure and main purpose resemble the developers of games for handheld consoles and computer platforms. Their main task casino software providers are to create entertainment and attract attention to their projects. This is achieved by improving the gameplay and adding special bonus offers in real money casinos that are hardwired directly into the game. Their influence on the industry and the online casinos themselves cannot be overestimated and sometimes it can even be seen with the naked eye. For example, such a concept as the design of a gaming platform is sometimes based on the available games. Especially zealous real money slots create projects that are based on the entertainment of a certain developer, which predetermines the design of the entire project. The number of game developers is constantly growing and sometimes it is difficult to understand whether this is a new game project, or it is an offshoot of an existing one. Among them, some have been veins in their business for more than a dozen years and continue to delight players with their new games.  Here are the most popular providers of free pokies: Aristocrat, Microgaming, Playtech, NetEnt, Bally, Novomatic, Betsoft, IGT. Each of them is a guarantor of quality and an excellent pastime in a gambling project. Their distinctive features are different and they also became known for different reasons:

Microgaming  is known to players primarily for its progressive jackpots and slots, which have become a household name in the industry. It is microgaming casinos that are popular among players of different nations and cities due to their design.
Playtech  casino has always been distinguished by its collaborations with famous media brands such as Marvel, as well as the presence of special slots real money online with the highest RTP rates in the industry.
Aristocrat  casino games are also, first of all, slots, since this developer has been creating game atoms throughout its history, after which it also decided to try its hand at their online implementation.
NetEnt  casino is a brand that attracts players not only by the quantity but also by the quality of its gaming products, the overwhelming majority of which are the same spin and win real money slot machines.
IGT  casino developer is known to everyone for its meticulous approach to the supply of entertainment to gambling projects, so if you see games from this company, you can rest assured of the quality of the gamble online real money.
Bally  casino is faithful to the traditions and, in addition to games for online casinos, produces slot machines that are still capable of surprising even the most sophisticated player.
Betsoft  сasino is primarily a company that actively promotes games on mobile platforms. This is their bread and water.
Novomatic  games is another developer known for its slots with a long history, which is distinguished by high variance indicators.

Next, we will tell you in detail about each of the representatives of the online casino software development industry.

Aristocrat

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Foundation date: 1953

Most popular casinos: Buffalo free online slots, 5 Dragons, Indian Dreaming

Income 2021: 2.23 billion AUD (annual)

The Aristocrat company is a true old-timer of the industry. It was founded in 1953 in Australia, which is why it has become the number one among both land-based and online casinos in this country. Throughout its history of existence to this day, it was engaged in the creation of Aristocrat slots online real money, which are now supported by Internet versions. From the 60s of the 20th century, Aristocrat entered the European market of the gambling industry, where it firmly holds its position to this day. As of 2019, the capitalization of Aristocrat Technologies was 4.4 billion AUD. According to the company’s official data, in the first half of 2021, their annual income was 2.23 billion AUD, which is only 2 million less than income for the entire 2020. These numbers perfectly show us that this developer is developing and increasing its influence on the market. This provider focuses on the development of free pokies Aristocrat. The most famous and popular among them are Buffalo real money pokies, 50 Lions, 5 Dragons, and many others. By the way, you can try their demo version, try your luck on the site of the same name https://aristocrat-slots.com/. The aristocrat loves to please players with a high RTP of 94%-97% on average, bonus rounds and free spins, and big jackpots. For example, the same Buffalo slot can make gamers gold with a total jackpot of $2,513,441.20. These Aristocrat pokies Australia games can be found in many gambling projects, but the most popular among them is the Australian projects such as Yoju, Wild Tornado, Spin Samurai. The growth in popularity of these real pokies online is not at all surprising, because the number of games is simply impressive, and many of them include their favorite characters from films and video games. In addition, Aristocrat Leisure is a large and profitable company that is included in the top 30 companies that impact the Australian economy in 2020.

Playtech

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Foundation date: 1999

Most popular casinos: Funky Monkey slot machine, Irish Luck slot, Playtech free penny slots

Income 2021: $553 million

The Playtech company was founded in 1999 and develops games for online casinos. Their portfolio contains a wide variety of projects, from online slots to sports betting and playtech casinos no deposit bonus. In total, over the entire period of their existence, they have created more than 500 different entertainments and this figure is stunning, especially because the quality of games does not sag due to the quantity. Now the most popular genre among their games is slots real money online and the company does its best to promote them. For example, one of the nicest features is the presence of a huge jackpot in entertainment. For example, the Pink Panther free online slot has a total jackpot of $10,000,000! This figure is one of the largest in the industry and can even compete with a game like Mega Moolah, which is famous for its biggest wins. As for the distinctive characteristics, the Playtech company boasts a lot of interesting things. Firstly, all their products have been tested by eCOGRA, which tests pre-release versions of real casino slots and makes a verdict on their fairness. They also use data encryption technologies such as 128 bit SSL certification, which makes the entertainment completely protected from intruders. As for the capitalization of this company, in 2015 it was one of the most expensive with a net income of 136.3 million euros that year and a turnover of 630 million euros. As of 2021, developer Playtech has a net profit of 553 million dollars. Also worth noting is their contribution to the COVID-19 Fund, to which £3 million was donated. The best playtech casino list games are Buffalo Blitz slot, King Kong slot machine, and Jackpot Giant slot, which will give generous bonuses to users.

IGT

Foundation date: 1975 as Gtech SpA, 1990 as IGT

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Most popular casinos: Wheel of Fortune free slots, Lobstermania slot, Cleopatra slot machine

Income 2021: $1.015 billion

International Game Technology (IGT) is a real giant in the development of games for gambling websites, which began its activities in 1975. Its history is somewhat reminiscent of the provider Aristocrat because IGT also based its activities on the development of free online slot machines, which are still supplied to land-based casinos around the world. At the moment, this IGT casino provider can be called the largest developer of real online pokies. The contribution of IGT to the field of development should be noted because they constantly invest their funds to research new technologies that will help create innovative games. In 2018, they spent $283 million on a research company. Now we are smoothly moving on to the most delicious dish – progressive jackpots slots and Aristocrat pokies. This solution is actively used by International Game Technology in free slots with bonuses machines, which allows players to receive incredibly large payouts. They are the creator of the famous Cleopatra Mega Jackpots, which has a total jackpot of $1 million. As for the RTP indicator, it is on average lower than that of other providers, but this is due to the same progression in maximum payments, the total amount of which is constantly replenished from the players’ bets. The size of the jackpot depends on the players, which is an additional incentive to constantly return to the game. The best casinos with IGT software are Wheel of Fortune free slots, free monopoly online, Da Vinci Diamonds free slots casino games. In the period from 2015 to 2019, the company’s total annual income has decreased every year and at the time of the same 2019 was about $4 billion. As for 2021, for the first quarter, they received revenue of $1.015 billion, which is almost $200 million more than the same indicator in 2020.

Microgaming

Foundation date: 1994

Most popular casinos: Hot shot, Romance slots, Tomb Raider online slot

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Income 2021: $18.6 million (net income)

Microgaming casino provider is a true mastodon in the development of casino games, which has been on the gambling market since 1994. It is known not only for the development of a variety of online entertainment but for the creation of its own branded online casinos, in which mainly games are only from this provider. The most popular genre among 850 games created by this developer is, of course, microgaming slots real money. Some of them stand out for their collaboration with films and TV shows. These include Terminator 2, Game of Thrones, and even an adaptation of the famous Playboy magazine! But the most famous Microgaming no deposit bonus games entertainment of course is Mega Moolah without which none of the topmost profitable slots and biggest jackpots can do without. So far, the largest documented is $17.8 million! This indicator was immediately included in the Guinness Book of Records as the largest jackpot ever received in online games. Another feature that popularized this gaming brand is the presence of demo modes in slots. They allow players to try the free pokies Aristocrat without having to deposit any funds. You can try them in the best casinos with games from Microgaming: Golden Dragon slots, Immortal Romance slot, Pure Platinum, Bear Money. This company provides many of the highest-paid jobs in the industry. The annual salary is $145,000 per worker. Microgaming’s net income for the first half of 2021 is $18.6 million.

NetEnt

Foundation date: 1996

Most popular casinos: Sons of Slots, Royalzee, Jonny Jackpot

Income 2021: $60 million (net income)

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In 1996, one of the most famous online casino software development companies NetEnt was established. Over the history of its existence, more than 200 different gaming projects have emerged from the pen of the software provider, the services of which are used by more than 210 free slot machines with free spins around the world. One of the most interesting distinctive features of this provider is the collection of player statistics during their pastime. For example, they analyze demographic data to understand in which regions which games are most popular, which sectors of society use certain games, and so on. They also study the gaming hardware on which users play so that in the next projects they can apply better optimization in them and they can run on any device. You do not need to worry about data leakage, because NetEnt uses only the information that the player will permit. Regarding slots from this provider, they also like to cooperate with famous brands and pop culture figures. For example, you can play slots such as Guns n ‘Roses, Jumanji free slots, and Narcos. Of course, the most pleasant features are combined or as they are called progressive jackpots. Their budget is growing thanks to the players and the stakes they make, so the total can go up to huge numbers. To become a participant in the progressive jackpot drawing, the gambler needs to make the maximum bet in the online slot. This is not a problem, as NetEnt casino has in its portfolio the so-called Penny Slots, in which the betting range is the most pleasant. You can get acquainted with them in the best online casinos with NetEnt slots games: Sons of Slots, Royal Zee, and Jonny Jackpot. As for NetEnt’s provider financial statements, this company, thanks to its development, entering new markets and the introduction of the latest technologies, began to increase its profitability indicators. In 2021, they were already able to receive approximately $60 million in net profit.

Betsoft

Foundation date: 1999

Most popular casinos: RioBet Casino, Rox Casino, SapphireBet Casino, Casino In

Income 2021: $18 million (net income)

Betsoft is an online casino games provider that was founded in the centre of European gambling – Great Britain in 1999. Previously, this company did not stand out for anything special among others and was a strong mid-range development, but in 2010 everything changed. Betsoft casino provider has released a new innovative line of 3D slots. They immediately captured the hearts of gambling fans with their unprecedented beauty graphics, which became the hallmark of this developer. Nowadays, the company is actively engaged in the creation of casino games on mobile platforms, which is their main activity. Thanks to skilful interaction with hardware, even the weakest devices can produce unprecedented graphics. It was for these developments in 2019 that Betsoft software provider was nominated and won the “Innovation in RNG Products for Casino” award. In addition to slots, they are also engaged in the creation of board games, in which 3D graphics are also used, but unfortunately, they have not yet been ported to mobile devices. Since the company does not provide official reporting on its earnings, we cannot provide you with exact figures, however, they are supposed to receive about $18 million in 2021. 

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Novomatic

Foundation date: 1980

Most popular casinos: Sizzling Hot Deluxe slot, Lucky Lady Charm Deluxe, Dolphin’s Pearl slot 

Income 2021: $670 million

Another company with a worldwide reputation and immense popularity was founded in Australia in 1980. It was Novomatic casino provider, which at the dawn of its prosperity was exclusively engaged in the creation of free slot machines for online casinos, but at the beginning of the 21st century they decided to try their hand at online gambling and they received an overwhelming success. This became possible thanks to the merger of the developer with another company that specialized in the creation of computer graphics, whose name is Greentube. So far, they have developed over 300 different free online casino slot machines. They are also constantly updating Aristocrat poker machines that have already been released. So, in 2021, gamblers are waiting for the release of the Deluxe version of one of the most popular Book of Ra slots. As for the technical component of the slots, they have all the nice features for the players in the face of free online bonus rounds, free spins, multipliers, and special symbols with bonus features, and a high RTP from 90% to 99%. Financial indicators represented by the total turnover of funds of the Novomatic casino company increased to $1.7 billion in 2021, and their annual estimated earnings should be $670 million.

Bally

Foundation date: 1936

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Most popular casinos: 88 Fortunes slot, Quick Hit game, Dragon Spin slot

Income 2021: $29.5 million (net income)

Developer Bally casino provider was founded in 1936. In 1968 it became part of a large holding and did not develop games until 1979. But everything changed this year. Bally will once again become a game provider after merging with another developer from Nevada. In 2014, one significant event happened for this company, because it became part of the huge Scientific Games holding. Nowadays, Bally casino provider is actively developing free online slots real money, introducing the latest technologies into them, which allow players to use them both on computers and mobile devices. The list of Bally slot machines consist of the legendary 88 Fortunes, Quick Hit, and King of Pop. The latter was designed as a tribute to the legendary Michael Jackson. Since this developer is part of the holding, its financial capabilities are almost unlimited, but this does not prevent the company from earning huge profits. As of the first quarter of 2021, Bally’s revenue is solidified at $29.5 million, the largest quarterly report since 2019.

 

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AGREEMENT BETWEEN ZITRO AND GRUPO OSGA TO PROMOTE THE LABOT INTEGRATION OF PEOPLE WITH DISABILITIES

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Zitro, a leading company in the gaming industry, has signed a collaboration agreement with Grupo OSGA, a business group committed to promoting the employment of people with disabilities. Grupo OSGA offers job opportunities to people with disabilities and supports their professional development in inclusive and accessible environments.

Through this alliance, Grupo OSGA will provide Zitro with a parcel and documentation service between its offices, optimizing Zitro’s operational efficiency and strengthening its social commitment to creating a more inclusive work environment.

At Zitro, we firmly believe in the power of diversity as a driver of growth and development. This collaboration with Grupo OSGA not only enriches our company but also reinforces our commitment to contributing to a fairer and more inclusive society,” said Albert Zorrilla, Managing Director of Zitro for Spain.

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“The collaboration with a prestigious international company like Zitro not only constitutes recognition of the work that Grupo OSGA has been carrying out but also contributes to the generation of real opportunities for people with disabilities to achieve effective and stable integration in the labor market,” said Oscar Galilea, President of Grupo Osga.

The post AGREEMENT BETWEEN ZITRO AND GRUPO OSGA TO PROMOTE THE LABOT INTEGRATION OF PEOPLE WITH DISABILITIES appeared first on European Gaming Industry News.

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Balkan's

EGT Digital’s iGaming platform X-Nave and successful titles to deliver high-quality experience to BetHub’s customers

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BetHub and EGT Digital have started their successful partnership, as a result of which the leading Bulgarian operator is now using the iGaming platform X-Nave. Its 4 main modules: CRM Engine, Sport product, Gaming Aggregator and Payment Gateway, enable the betting site to effectively manage all online gaming business verticals and further improve its performance.

CRM Engine provides a wide range of player management tools and bonus features, allowing the operator to create more personalized offerings for its customers, based on their preferences and behavior.

Through X-Nave’s Sport product BetHub will enrich even more the sport content it offers.

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The Payment Gateway gives access to numerous payment methods and thanks to the Gaming Aggregator EGT Digital’s slot games are already at the disposal of the website’s visitors. The top-performing titles from Bell Link, Clover Chance, High Cash, Single Progressive Jackpot, as well as the multiplayer game xRide quickly gained popularity among BetHub’s customers.

“We are very glad with our collaboration with EGT Digital so far,” commented Kiril Naldzhiev, CEO at BetHub. “The platform has made the management of our business much easier, and the company’s gaming content has shown impressive results that have not only met but exceeded our expectations.”

Tsvetomira Drumeva, Head of Sales at EGT Digital, also gave a positive evaluation to the cooperation. She said: “Partnering with a prominent operator like BetHub is very valuable for us, as it gives us the opportunity to demonstrate the enormous potential of our developments and consolidate our status as a leader in the local market. I am confident that this is the beginning of a very successful collaboration that will bring a lot of positives to both companies and the players themselves.”

The post EGT Digital’s iGaming platform X-Nave and successful titles to deliver high-quality experience to BetHub’s customers appeared first on European Gaming Industry News.

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Bragg

Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)

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Bragg Gaming Group, a global B2B content-driven iGaming technology provider, reported record revenue for the third quarter of 2024.

Summary of 3Q24 Financial and Operational Highlights

Euros (millions)(1) 3Q24 3Q23 Change
Revenue € 26.2 € 22.6 15.9 %
Gross profit € 14.0 € 11.9 18.1 %
Gross profit margin 53.5 % 52.5 % 99 bps
Adjusted EBITDA(2) € 4.1 € 3.8 7.1 %
Adjusted EBITDA margin 15.6 % 16.9 % (129) bps
Operating Income (Loss) € (0.4) € (2.1) (81.0) %

(1) Bragg’s reporting currency is Euros. The exchange rate provided is EUR 1.00 = USD 1.12. Due to fluctuating currency exchange rates, this reference rate is provided for convenience only.
(2) “Adjusted EBITDA” is a non-IFRS measure. For important information on the Company’s non-IFRS measures, see “Non-IFRS Financial Measures” below.

Chief Executive Officer Commentary
Matevž Mazij, Chief Executive Officer for Bragg, commented, “The third quarter marked another period of strong growth and record results for Bragg. Revenue grew 16% year-over-year, gross profit increased 18%, and Adjusted EBITDA rose 7%. In the U.S., strong third quarter revenue gains from content distribution helped drive a 40% global increase in proprietary online content revenue year-over-year.

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“Additionally, we announced today that the Board of Directors has unanimously decided to conclude its review of strategic alternatives for Bragg. After extensive evaluation and deliberation, the Board determined that the ongoing execution of the Company’s strategic plan is the best way to maximize value for shareholders at this time.

“Since stepping in as Chairman 16 months ago and then as CEO 14 months ago, we’ve transformed our executive team, restructured commercial operations, and sharpened our sales strategy with a targeted, jurisdictional approach. These decisive actions position us to drive growth and capture market opportunities with greater precision and impact. Under new leadership, we’ve built a strong pipeline of tier 1 opportunities across key markets and key products, positioning Bragg for accelerated top- and bottom-line growth.

“With the strategic review process now complete, Bragg is now fully focused on commercialization and unlocking profitable growth, without the need for significant new investment in product development. Our decade-long investments in technology and talent, combined with a robust leadership team, have built a scalable platform that uniquely positions us for aggressive growth in 2025 and beyond. With significant operating leverage now within reach, we’re poised for an exciting, high-growth, and profitable future.”

Third Quarter 2024 and Recent Business Highlights

  • Launched its newest games and Remote Gaming Server (RGS) technology with Caesars Digital in Pennsylvania and Ontario. The launch marked the expansion of Bragg’s existing partnership with Caesars Digital, following earlier launches in New Jersey and Michigan respectively, doubling the number of states/provinces in which Bragg content is offered on Caesars Palace Online Casino and Caesars Sportsbook & Casino.
  • Launched its newest games and RGS technology with FanDuel in New Jersey, adding to its existing distribution with the leading North American operator in Michigan, Pennsylvania, Connecticut and Ontario
  • Post-quarter end, the Company additionally launched its newest games and RGS technology with bet365 in New Jersey, following on from its second quarter launch in Pennsylvania, and an earlier launch in Ontario with the major global iGaming operator
  • Launched HardRockCasino.nl in the Dutch market, supplying its cutting-edge player account management (PAM) software to the brand. The agreement is Bragg’s 6th PAM customer in the Netherlands, reinforcing Bragg’s status as the leading technology and content supplier in the Dutch market
  • Launched the Kambi sportsbook on 711.nl, adding an additional revenue-generating product stream to a key PAM customer in the Netherlands
  • Management is pleased to announce the appointment of Robbie Bressler to CFO of Bragg, effective immediately. Robbie had been serving as Bragg’s interim CFO since July 1, 2024.

Additional September 30, 2024 Key Financial Metrics

  • For the nine-month period ended September 30, 2024, Cash flow generated from operations was EUR 8.4 million (USD 9.4 million), compared to EUR 6.2 million (USD 6.9 million) for the nine-month period ended September 30, 2023.
  • Cash and cash equivalents as of September 30, 2024 was EUR 11.6 million (USD 13.0 million) and net working capital, excluding deferred consideration, loans payable, and convertible debt, was EUR 11.3 million (USD 12.7 million)

Strategic Alternatives Process Concluded
The Bragg Board announced the strategic alternatives process in March 2024 with the formation of a Special Committee, comprised solely of independent members of the Board. The Committee, together with its advisors Oakvale Capital LLP and Blake, Cassels & Graydon LLP, evaluated a wide range of strategic alternatives for maximizing shareholder value including a potential sale or merger of the Company. Bragg solicited interest from a significant number of potential counterparties and received multiple non-binding proposals.

After careful consideration, the Board, on recommendation from the special committee, unanimously determined that none of the proposals received reflect the Company’s intrinsic value or current and projected financial performance, and therefore elected to conclude its review and disband the Special Committee.

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Don Robertson, independent Board member and Chair of the Special Committee, said, “After a comprehensive and exhaustive process, the Committee recommended, and the Board unanimously agreed, that continuing to execute Bragg’s strategic plan as an independent public company is the best approach for maximizing shareholder value. Although the process has now concluded, Bragg’s Board will continue to be open to and consider all opportunities for enhancing shareholder value.”

“Over the past year, our financial performance, cashflow generation and revenue outlook have significantly improved. We remain extremely confident about our business plan, operating strategy, and financial prospects” said Matevž Mazij, Chairman and CEO of Bragg.

Reiterates Full Year 2024 Guidance and 2025 Outlook
Bragg reiterates its 2024 full year revenue guidance range of EUR 102.0-109.0 million (USD 114.2-122.1 million) and its full year Adjusted EBITDA range of EUR 15.2-18.5 million (USD 17.0-20.7 million), noting that the Company is currently tracking to the lower end of guidance.

Bragg is actively advancing a robust pipeline of opportunities that is anticipated to drive strong momentum as we enter 2025. The outlook for 2025 remains positive, with expectations of sustained double-digit top line growth, expanding bottom line margins, and increased operational leverage, further strengthening Bragg’s position in the market. The preceding guidance and outlook constitute forward-looking information within the meaning of applicable securities laws, and is based on a number of assumptions and subject to a number of risks.

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