Latest News
A Swell of Support Helps Expand the Online Betting Industry
The sports betting market continues to gain popularity among people of all generations, especially as online betting is gradually becoming more mainstream. To illustrate the importance of this segment, data provided by a Zion Market Research report indicates that sports betting holds about 70% of the global gambling revenue, which is more than any other sectors, including those of lotteries, casinos, and poker, among other forms of gambling. As for which sports are the most popular, various games around the world are common among the sport betters, but European football attracts the greatest betting revenue, and is then closely followed by baseball. Of course, it has to be noted that numerous technological developments have helped propel the market to new highs. The stronger presence of online betting has completely transformed the process of sports betting, making it easier, faster and more convenient to place bets. On the other hand, the strict regulations by various governments are still an obstacle for the online market. Nevertheless, according to the report, the global sports betting market was valued at around USD 104.31 Billion in 2017 and is expected to reach approximately USD 155.49 Billion by 2024 while growing at a healthy CAGR of 8.83% between 2018 to 2024. FansUnite Entertainment Inc. (CSE: FANS), GAN Limited (NASDAQ: GAN), Boyd Gaming Corporation (NYSE: BYD), International Game Technology PLC (NYSE: IGT), Scientific Games Corporation (NASDAQ: SGMS)
Despite legal restrictions, regionally and country wise, in 2018 the market had already produced more than USD 48.9 Billion in worldwide revenue and is projected to expand past USD 134.5 Billion by 2027, according to data provided by Transparency Market Research. After the landmark Supreme Court ruling in 2018, in which the court struck down the ban on sports betting, all states got the option to pursue legalization. The state of New Jersey was the first to make sports betting legal. Other states followed, but California remains a legal battle ground for this gambling segment. However, a change might be possible this November. State Senator Bill Dodd (D-Napa) and Assembly Member Adam Gray (D-Merced) have been working on an amendment to the state’s constitution that will go on the ballot in November, if it can get through both houses. “I think the leagues themselves are really the experts when it comes to keeping integrity of the games,” Assembly Member Gray explained in a report by NBC Sports Bay Area. “Obviously, in our proposal we’ve banned any high school sports betting and as we put the finishing details on this over the next few weeks it’s going to be important that those leagues engage with us on those final details to make sure that we have the highest quality product with the highest quality standards. And although they have been a little timid, I know that many out there in the sports world know that the future of the sports economy could be integrally tied to the success of sports wagering, fantasy sports and other activities.
FansUnite Entertainment Inc. (CSE: FANS) and Askott Entertainment Inc. just announced breaking news that two companies, “have entered into a definitive amalgamation agreement (the “Agreement”) to create one of Canada’s leading online gaming companies, focused on sports betting, esports wagering and casino games. Under the terms of the Agreement, FansUnite will acquire all of the outstanding securities of Askott by way of a three-cornered amalgamation (the “Transaction”) pursuant to which Askott and a newly incorporated subsidiary of FansUnite will amalgamate under the Business Corporations Act (British Columbia) and continue as one corporation.
Combined Company Highlights
Expanded Consumer Base. The combined FansUnite and Askott will have four live business-to-consumer (“B2C”) platforms that have generated over CDN$350 million in wagers since inception and will have over 300,000 registered members;
Expanded Business Base. FansUnite and Askott will have four executed business-to-business (“B2B”) contracts, two of which are currently live and generating revenue with leading esports companies;
Expanded Betting Offerings. Two esports themed casino games which will be released on multiple casino games aggregators platforms this year with more games currently in development;
Increased Gaming Licenses: Applications have been completed for gaming licenses for B2C and B2B;
Established History of Operations: Askott has been in business since 2013, working closely with tier 1 partners around the world; and
Highly Accomplished and Experienced Team: The completion of the Transaction will add a team with decades of experience in esports, sports betting, casino, poker, licensing, government relationships and transactions to develop shareholder value.
According to a recent report by Grandview Research1, the global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027.
‘As the online gambling market continues to grow, the amalgamation with Askott is a significant milestone and transforms us into one of Canada’s premier iGaming companies,’ said Darius Eghdami, CEO of FansUnite Entertainment. ‘Combining with Askott provides us with a fully integrated gaming asset that offers multiple B2C platforms for users in a variety of betting offerings, B2B technology that can be licensed to all types of sportsbooks, and a seasoned team of executives that have led and grown multiple organizations on a global scale. This combination creates a leading online igaming company, and positions us strongly for significant growth with new offerings and market opportunities.’
‘We are recognized globally as a leader and pioneer in esports betting technology,’ said Scott Burton, CEO of Askott Entertainment. ‘As an early entrant in the sector we have already had a number of milestones, including, the launch of the first ever daily fantasy site dedicated to esports, the first esports betting site to receive an Isle of Man license gaming license in 2017 and more recently being shortlisted by EGR Magazine for the Esports Betting Supplier of the Year Award. This year, part of our growth strategy was to round out our offering with traditional sports and casinos to make us a complete iGaming solution. Merging with FansUnite accelerates our growth strategy and will bring us the scale and offerings to make our combined group the leading iGaming entity in the Canadian public markets.’…
GAN Limited (NASDAQ: GAN) is a business-to-business supplier of internet gambling software-as-a-service solutions to the U.S. land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK Boyd Gaming Corporation (NYSE: BYD) and FanDuel Group recently announced the debut of FanDuel Sportsbooks at four Boyd Gaming properties: Blue Chip Casino Hotel and Spa in Michigan City, Indiana; Diamond Jo Casino in Dubuque, Iowa; Diamond Jo Casino in Northwood, Iowa; and Belterra Casino Resort in Florence, Indiana. “Together, Boyd Gaming and FanDuel Group continue to successfully capitalize on the historic opportunity afforded by the legalization and expansion of sports betting in new states across the country,” said Keith Smith, President and Chief Executive Officer of Boyd Gaming. “The FanDuel Sportsbook is off to a great start in Pennsylvania, contributing to solid growth in visitation and profitability at our Valley Forge Casino Resort near Philadelphia. We are confident our partners at FanDuel will deliver excellent results in Iowa and Indiana as well, further expanding Boyd Gaming’s customer base and enhancing our long-term competitive appeal.”
International Game Technology PLC (NYSE: IGT) announced earlier this month that its PlaySports platform will power retail and mobile sports betting at Wild Card Saloon and Sasquatch Casino in Black Hawk, Colo. Owned and operated by privately held gaming company, Ed & Shirley’s Inc., both casinos will leverage IGT PlaySports kiosks, platform and mobile technologies to give their patrons choice and convenience for how, when and where they place sports bets. “Offering omni-channel sports betting via the IGT PlaySports solution will introduce an exciting new dimension of gaming to Wild Card Saloon and Sasquatch Casino that sports fans throughout Colorado are ready to embrace,” said Ed Smith, Ed & Shirley’s Inc. President.
“We’ve leveraged IGT’s expertise and trusted technology to create a sports betting program that gives players choice and convenience for wagering on their favorite teams.”
Scientific Games Corporation (NASDAQ: SGMS) announced earlier in March that it had partnered with Vaix.ai to offer sports bettors personalized recommendations and tailored betting choices through the OpenMarket product suite. Vaix.ai will offer an Artificial Intelligence (AI) model through OpenSports that enhances the sports betting experience. By providing sports, league, team, event, and market recommendations to bettors in real-time, the companies aim to further personalize sports betting through Scientific Games’ OpenMarket solution. OpenMarket is the industry’s first one-stop content marketplace, giving Scientific Games’ partners access to top-tier sports betting intelligence, data feeds and tools without the need for complex integrations and financial agreements. About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.
Here are this weeks latest slots releases compiled by European Gaming
Relax Gaming invites bold adventurers to journey into the depths of the Cambodian rainforest in its highly anticipated release Ancient Tumble. This feature-filled slot is the most ambitious addition to the Tumble series to-date, awarding players prizes worth up to 10,000x by way of five rewarding Free Spin modes and a number of impressive enhancements.
Get ready to enter a world of sparkling gems and dazzling wins in Elysium VIP – the summer slot sensation from Elysium Studios – Driven by Swintt where sticky diamond wilds have the power to expand the reels and award respins for massively multiplied prizes. Initially played out across three reels and three fixed paylines, Elysium VIP is – at its heart – a classically-themed release similar to those found in Swintt’s existing Premium line-up.
Get ready for the bright-light city to set your soul on fire like never before with the exciting Vegas Royale Super Wheel slot game from Stakelogic. Players are invited to hit the Vegas Strip and spin the reels in this innovative Vegas adventure loaded with bonus features, including Stakelogic’s game-changing Super Wheel.
Endorphina, announced the release of another football-themed slot on June 25th. Football Mayhem is a 5-reel 3-row slot with 25 paylines and filled with adrenaline-charged features. Inspired by one of the most popular sports in the world, Football Mayhem leads players to the crowded stadium, where all voices cheer as one.
GAMOMAT, one of the leading independent software developers for slot games, is proud to unveil its showstopper, Vegas Joker. This is a three reel game that perfectly blends together classic slot mechanics with modern design, against a harlequin-patterned background in purple and fuchsia. A silky soundtrack lifts the experience that centres on the special Joker symbol that acts as an Expanding Wild and arrives with amusing animations.
Having previously plundered the pyramids of ancient Egypt and raced to riches on the autobahns of present-day Germany, this month popular software provider, Apparat Gaming, invites players to follow in the footsteps of the medieval dragonslayer Siegfried in his battle with the dragon Fafnir in Dragonheart – The Nibelung Legends.
Book of Bonanza is available from this week, a 5×3, 10 payline slot and the latest title from Hölle Games, with a bouncy new twist on the Book mechanic. The sweet style and bubbly soundtrack lets you know you’ve arrived in the land of plenty, with the base game featuring various wild bonbon symbols – which multiply the winnings of any payline they touch. They can even multiply each other. Juicy!
Spinomenal has launched its new Adventures series title, Wild Sailors – Tides of Adventure. This game is set within a 5×3 framework and includes nautically inspired symbols like a golden compass, pirate hat, treasure map and pirate flag. Players who find three or more Scattered Free Spins symbols will initiate the free spins game.
Gaming Corps has launched 777 Jackpot Diamond Hold and Win – Deluxe. The Deluxe edition of Gaming Corp’s 777 Jackpot Diamond Hold and Win format, boasts a 5-reel video slot with 3 symbols per reel and that has 10 pay lines. Players must set their sights on the elusive “777” symbols and land five of these on a pay-line and look forward to winning 2000x total bet.
Hacksaw Gaming has announced the launch of its first-ever branded slot, Cup Heroes. This slot is the result of a close collaboration with Kaizen, the official sponsor of Euro 2024 and the Conmebol Copa América. Kaizen and Hacksaw Gaming have been partners for nearly two years now, initially focusing on branded Dare2Win games.
Playson has launched more content from its range of ‘3 Pots’ games with the release of 3 Carts of Gold: Hold and Win, bringing the classic mining adventure theme into the popular game’s family. The 5×3 slot’s three carts – Boost, Mystery and Collect – appear above the reels and when a combination of the same-coloured gems activate the Bonus Game, it determines the feature awarded within the Hold and Win round.
Belatra Games, the specialist online slots developer, has opened its doors for players to enjoy its latest title, Lucky Barrel Tavern. This 6×5 slot is brought to life with stunning graphics and symbols including a charming array of pub goers, and a glorious assortment of tasty delights.
Blueprint Gaming invites players to get their groove on and swing into the action with its latest release, King Kong Cash™ DJ Prime8, debuting the highly-anticipated Rapid Fire Jackpots™ alongside two electrifying bonus rounds. Returning to the jungle, slot enthusiast’s favourite gorilla takes to the decks for the latest instalment in the hugely successful King Kong Cash™ series, with a whopping 4,096 payways on offer, perfectly balanced through frequent smaller wins and grand payout potential.
MGA Games is reintroducing a classic land-based game, África Zero, to online casinos this summer. África Zero is a traditional mixed slot machine game with three reels and video from the well-known manufacturer R. Franco. The game achieved great success in bars and salons throughout Spain after its release in 2008.
4ThePlayer is excited to announce the launch of 4 Fantastic Fish Gold Dream Drop, the latest instalment in our popular 4 Fantastic Fish series! The game features the Dream Drop Jackpot System from Relax Gaming and 4ThePlayer’s player-favorite Money Ways™ mechanic. Players can spin the Fortune Wheel to win one of five Dream Drop jackpots: MEGA, MAJOR, MAXI, MIDI, and RAPID. Dream Drop offers high-action, high-frequency jackpots!
Welcome to cookie heaven! Prepare your taste buds for a sensational gaming experience with Armadillo Studios’ all-new Cookie Bonanza slot game. This captivating 6×5, very high volatility game is brimming with delectable cookies and marshmallows, offering players a mouth-watering adventure filled with endless action and big wins.
Silverback Gaming is taking players on a mouth-watering adventure in the latest sweet treat to leave its production line. Macaron Mad Mess is a charming slot that sees players join a cute French bulldog as it bakes up some delicious macarons and big wins. Macaron Mad Mess is set across five reels and five rows with 30 paylines active during the base game. It sits in the middle of the volatility scale and has a max win potential of 580x.
CryptoSlots unveils its new High Life slot and celebrates its second Million-Dollar Jackpot Trigger winner by a player known as ‘QUEENSHERE’. With its luxurious theme, the mega matrix High Life slot, offers players a glimpse into a world of wealth. The symbols on the reels include private jets, precious gems, yachts, and money, all contributing to the opulent atmosphere of the game. It features Expanding Double Wild, Mystery Bonus and Pick Me Bonus game offers instant coin prizes.
The post Week 26/2024 slot games releases appeared first on European Gaming Industry News.
The first milestone in a list of many! Rank UK is officially live with a number of Hacksaw Gaming titles ready for players to experience! With future prospects underway, this new pairing is already looking to be an exceptional one.
Wanted Dead or a Wild, Le Bandit, R.I.P City, Chaos Crew – all Hacksaw staple titles that are known for shaking up user experience and sparking the interest of players globally. These and more are now proudly featured for the next 4 weeks on the homepage of Rank UK’s platforms, showcasing our diverse universe of content!
Rank aims to deliver exciting and entertaining experiences in safe, sustainable and rewarding environments. Their mission aligns perfectly with that of Hacksaw’s. The goal of making waves within the remote gaming community, daring to disrupt and create content that provides a one of a kind experience for the Hacksaw community.
Reflecting on this exciting endeavour, Rank spokesperson stated that “Hacksaw Gaming is launching with an exhilarating array of games, captivating themes, and thrilling gameplay. We’re not just launching slots; we’re unleashing a tidal wave of entertainment that will captivate players in the UK. Get ready to spin and experience the future of gaming like never before.”
Marcus Cordes, CEO of Hacksaw Gaming also shares Rank’s enthusiasm towards this new beginning. “Bringing our star titles to UK players will strengthen our Hacksaw community and continue to shake up the industry! A huge shout out to the dedication shown from both teams on this launch, a true testament to the determination of how we work here at Hacksaw Gaming.”
With whispers of a UK exclusive coming up very soon, you’re not going to want to take your eyes away from this new partnership.
The post Rolling in for Rank! Hacksaw Gaming and Rank UK Join Forces for an Exciting Future appeared first on European Gaming Industry News.
Latest News
CryptoSlots Celebrates $1 million Jackpot Trigger Winner and Releases new High Life Slot
CryptoSlots unveils its new High Life slot and celebrates its second Million-Dollar Jackpot Trigger winner by a player known as ‘QUEENSHERE’.
With its luxurious theme, the mega matrix High Life slot, offers players a glimpse into a world of wealth. The symbols on the reels include private jets, precious gems, yachts, and money, all contributing to the opulent atmosphere of the game. It features Expanding Double Wild, Mystery Bonus and Pick Me Bonus game offers instant coin prizes.
“This game is sure to captivate players who appreciate the finer things in life and aspire to live a life of extravagance. Explore the possibilities of luxury and wealth as you spin the reels and chase after life-changing wins just like our recent jackpot winner!” – Michael Hilary, CryptoSlots Manager.
On May 10, player “QUEENSHERE” won a $1 million jackpot in a single spin while playing CryptoSlots’ exclusive Jackpot Trigger game. This jackpot win was achieved by matching both the color and number, and landing three red triple 7’s, making it the most recent million-dollar win.
Player ‘WHAMZY09’ achieved $100,000 win on April 18, with the most recent $1 million victory taking place in 2022—one year after the cryptocurrency casino’s launch.
JACKPOT TRIGGER MILLIONAIRE
Available only on Cryptoslots, Jackpot Trigger is a unique game that uses tokens obtained during gameplay on other games. Players receive 1 Jackpot Trigger Token for every $100 worth of winnings from other games.
“QUEENSHERE’s $1 million Jackpot Trigger win at CryptoSlots is a momentous achievement! While the game has previously awarded up to $100,000 multiple times, it’s only the second occasion where a player has hit the $1 million jackpot in a single spin.”- Michael Hilary, CryptoSlots Manager.
QUEENSHERE shared his thoughts: “The moment I found out I won the jackpot, my life changed forever. While I may not have shared my thoughts on winning publicly, I’ll admit that the idea of quitting my job and buying a Lamborghini is definitely on the table. Additionally, I am considering relocating abroad to start a new chapter in my life. The possibilities are endless, and I am truly grateful for this incredible opportunity.”
The post CryptoSlots Celebrates $1 million Jackpot Trigger Winner and Releases new High Life Slot appeared first on European Gaming Industry News.
Week 26/2024 slot games releases
Rolling in for Rank! Hacksaw Gaming and Rank UK Join Forces for an Exciting Future
CryptoSlots Celebrates $1 million Jackpot Trigger Winner and Releases new High Life Slot
Aviatrix celebrates São João festival in Brazil and beyond with new game splash
Bragg Gaming Expands in Pennsylvania with BetMGM
Spinomenal unearths Super Miner Golden Treasure slot
Hub88 teams up with PHOENIX 7 to deliver Asian-inspired games
Digitain Appoints LatAm Sales Director
Yggdrasil and ReelPlay unleash hell on earth in Armageddon 10K WAYS™
Borgata Awards Over $3 Million in Jackpots on AGS’ Bonus Spin™ Xtreme Progressive In One Year
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Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
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Super Bowl LIII: NFL Fans Can Bet on the #1 Sportsbook Review Site Betting-Super-Bowl.com, Providing Free Unbiased and Trusted News, Picks and Predictions
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Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018
