Connect with us

Latest News

INTRALOT Provides an Update on the Lock-up Agreement and Exchange Offer Process

Published

on

Reading Time: 2 minutes

 

This press release relates to the disclosure of information that prior to publication qualified, or may have qualified, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation 596/2014.

We refer to the press release issued on 28 June, 2021 (the “Press Release”) by Intralot S.A. (the “Company” and together with its subsidiaries the “Group”) regarding the amendment and update of the Lock-up Agreement with an ad hoc group of noteholders  (the “Ad Hoc Group”) of its €250m senior unsecured notes due in September 2021 (the 2021 SUNs) issued by Intralot Capital Luxembourg (the Issuer). Capitalised terms used herein shall have the meaning provided to them in the Press Release and the First Press Release (of 14 January 2021).

The Company informs the investment community and the broader public that on 30 June, 2021:

  1. The Issuer utilized the Redemption Facility of €147,607,487 provided by certain members of the Ad Hoc Group (the “Redemption Facility Providers”) and redeemed the same amount of 2021 SUNs at 100% of the principal amount pro rata plus accrued interest.
  2. Following redemption, the Issuer issued additional notes under the 2021 SUNs indenture of an amount of €147,607,487 to repay and cancel the Redemption Facility. After the issuance of the additional notes to the Redemption Facility Providers the outstanding 2021 SUNs are again €250,000,000.

Following the redemption and issuance of additional notes, holders of more than 90% of the 2021 SUNs outstanding as of the date of this press release have agreed to tender their 2021 Notes pursuant to the Lock-up Agreement.

Today, 1 July, 2021, the Group has announced two interdependent exchange offers as per the First Press Release:

  1. The commencement of an offer by US subsidiary Intralot Inc. to acquire any and all of the outstanding €250,000,000 6.75% 2021 SUNs issued by Intralot Capital Luxembourg in exchange for up to USD 244,585,500 in aggregate principal amount of its New SSNs. In conjunction with the exchange offer Intralot Capital Luxembourg is soliciting consents for holders of the 2021 SUNs to amend certain provisions of the 2021 SUNs as set forth in the exchange offer and consent solicitation memorandum dated July 1, 2021. Minimum acceptance condition is 90% of Notes outstanding and exchange ratio set at 82%. The Solicitation Memorandum is available to holders through the Exchange Agent, Lucid Issuer Services at [email protected].
  2. The commencement of an offer by Intralot Global Holdings B.V. to holders of the outstanding €500,000,000 5.25% Senior Unsecured Notes due September 2024 (the 2024 SUNs) to exchange the 2024 SUNs for ordinary shares of Intralot US Securities B.V. (“TopCo”), with minimum acceptance condition €68,176,000 and maximum acceptance amount €169,100,000. The Exchange Offer Memorandum is available to holders through the Exchange Agent, Lucid Issuer Services at [email protected].

The public announcements of the two exchange offers have been published on the websites of the Luxembourg Stock Exchange https://www.bourse.lu/latest-fns and the Company https://www.intralot.com/investor-relations/debt-capital-market-info/ on 1 July 2021.

The exchange offers will remain open until 23:59 New York time, on July 29, 2021, unless extended.

Continue Reading
Advertisement

Latest News

Evoplay starts a big fiesta in spicy new title Don Juan Peppers

Published

on

evoplay-starts-a-big-fiesta-in-spicy-new-title-don-juan-peppers
Reading Time: < 1 minute

Evoplay, the award-winning game development studio, has released Don Juan Peppers, a fiery new slot that blends bold bonus features with festive flair.

Set in a sun-soaked Mexican town bursting with colour, rhythm and celebration, the game invites players to join the charismatic Don Juan himself for a lively fiesta across 20 fixed paylines.

The action centres around two types of bonus symbols. Landing three Chili Bonus icons on reels two, three and four triggers seven Free Spins. During Free Spins, each appearance of a Chili Bonus symbol awards an Instant Chili Prize corresponding to the value shown above its reel.

Meanwhile, landing six or more Bonus symbols activates the bonus game. In this mode, all Bonus and Chili icons lock in place and reset the spin counter to three. Chilis in this round boost the value of up to four Bonus symbols before transforming and continuing the chase for bigger wins.

The bonus game also gives players a shot at four fixed jackpots: MINI, MEGA, SUPER, and the GRAND prize of 3,000x the bet. For players who want to skip straight to the fiesta, a Bonus Buy feature offers direct access to either the Bonus Game or Free Spins.

Don Juan Peppers is the latest release in Evoplay’s growing portfolio of standout slots, blending engaging gameplay with vibrant storytelling and proven features.

Ivan Kravchuk, CEO at Evoplay, said: Don Juan Peppers is a celebration of bold design and dynamic mechanics. By blending familiar bonus features with a distinctive aesthetic and rhythmic theme, we’ve created a slot that feels both familiar and fresh.

“It’s a fantastic showcase of our approach to delivering high-performing content with real personality.”

The post Evoplay starts a big fiesta in spicy new title Don Juan Peppers appeared first on European Gaming Industry News.

Continue Reading

Latest News

Escape to Paradise: “Tropical Temptation” Slot Launches at Slotland, CryptoSlots, and CryptoWins

Published

on

escape-to-paradise:-“tropical-temptation”-slot-launches-at-slotland,-cryptoslots,-and-cryptowins
Reading Time: < 1 minute

 

An Eden of excitement awaits players with the launch of the new slot, Tropical Temptation. This vibrant 5×4 game from Slotland Entertainment is now live, bringing a sun-soaked paradise to Slotland.euCryptoSlots.com, and CryptoWins.com.

Discover a lush tropical island where exotic flowers bloom and two alluring characters—a charismatic man and a woman in a purple bikini—await. With bets from $0.40 to $1.20 across 20 paylines, the journey to fortune is open to all.

The true temptation lies in the features:

  • Dual Progressive Jackpots: Bet 60+ coins ($0.60) to qualify for the Mini Jackpot (1,000-10,000 coins). Wager 100+ coins for a shot at the Major Jackpot (10,000-100,000 coins).
  • Eve’s Free Spins: Land 3+ Eve scatters for 10-30 Free Spins with Double Wilds.
  • Adam’s Free Spins: Land 3+ Adam scatters for 5-20 Free Spins with Expanded Wilds.
  • Seductive Symbol Transformation: The bonus rounds intertwine thrillingly. During Eve’s spins, new Eve scatters transform into Adams, and vice-versa. Hit 3+ of these new scatters to immediately begin the other bonus round, adding all remaining spins for a prolonged, winning escape.

    Answer the call of the wild and chase fortune in Eden. Tropical Temptation is available to play now with Free Chips and Match Bonuses at all brands until August 31st:


NEW GAME BONUSES for Tropical Temptation:


SLOTLAND

Valid until August 31


$12 FREE CHIP / $25 for VIPs

* Wager: 30x, Redeem: 1x, Max cashout: $120
* Code: BITE4WIN

170/150/130% MATCH for Gold/Silver/Bronze VIPs + 110% for ALL players
* Wager: 30x, Redeem: 4x per day, Deposit: $25 – $500
* Code: TEMPTED
Promo Details


CRYPTOWINS
Valid until August 31

101% MATCH
* Wager: 39x, Redeem: 5x per day, Deposits: $25 – $600
* Code: SINSPIN
Promo Details


CRYPTOSLOTS
Valid until August 26

65% MATCH BONUS
* Wager: 30x, Redeem: 3x per day, Deposits: $15 – $300
* Code: TRYME
Promo Details

The post Escape to Paradise: “Tropical Temptation” Slot Launches at Slotland, CryptoSlots, and CryptoWins appeared first on European Gaming Industry News.

Continue Reading

Latest News

SPRIBE names UFC content creator Nina Drama as latest Aviator brand ambassador

Published

on

spribe-names-ufc-content-creator-nina-drama-as-latest-aviator-brand-ambassador
Reading Time: 2 minutes

 

SPRIBE, the studio behind the legendary crash game, Aviator, has shaken hands on yet another explosive brand ambassador deal, this time with social media content creator and UFC interviewer, Nina Drama.

Nina is widely regarded as the most popular UFC and MMA media influencer in the world, known for her bold tone of voice and no-holds-barred creative style.

She regularly creates UFC and MMA-focused content, interviewing superstar fighters such as Merab Dvalishvili and Alex Pereira (who are also Aviator ambassadors) in her unique style. This has seen her amass over 14 million followers across her social media platforms.

As an Aviator brand ambassador, Nina (real name, Nina-Marie Daniele) will create and run several campaigns to promote the game to her audience.

The partnership really is the perfect fit, with Nina’s fanbase mostly falling into the same Millennial and Gen Z cohorts that engage with Aviator, which sees more than 50 million people a month strap in and take flight to see if they can land the biggest win multiplier.

It also aligns with SPRIBE’s multi-year, multi-million-dollar marketing partnership with the UFC, which sees the Aviator logo and branding appear inside the famous octagon at Fight Night and PPV events.

 

Giorgi Tsutskiridze, CCO at SPRIBE, said: “We are thrilled to welcome Nina Drama to our growing roster of brand ambassador partners, and to be able to directly engage with her large and loyal fan base through some truly unique creative campaigns.

Nina has captivated audiences with her sharp humor, confident charm, and unfiltered interview style — a perfect match for the high-energy world of Aviator.

“We are really excited about the campaigns we will be launching with Nina – they will hit different, for sure, but we expect them to have a strong impact and introduce even more people to the thrills and spills the Aviator provides.”

 

Nina Drama, social media influencer and Aviator ambassador, added: “Playing Aviator is so much fun and I know my audience will love it too! UFC stars Merab Dvalishvili and Alex are also ambassadors and I know together we will make fun, relatable and viral content while also promoting Aviator!”

The post SPRIBE names UFC content creator Nina Drama as latest Aviator brand ambassador appeared first on European Gaming Industry News.

Continue Reading

Trending