Latest News
40% Client Portfolio Growth YoY: SOFTSWISS Casino Platform Marks a Decade Live and Shares 2022 Results
Presented in 2013, the SOFTSWISS Casino Platform has seen over 400 successful projects launched to date. On the occasion of the flagship product’s 10th anniversary, the leading tech provider for iGaming takes stock of 2022 and shares key achievements and product updates of the award-winning platform.
Today, the Casino Platform powers 200 live brands from Europe, Latin America and Asia, with 73% of all projects supporting crypto. In February 2023, SOFTSWISS reconfirmed its crypto-gambling pioneer status by winning the ‘Crypto Company of the Year’ title at the International Gaming Awards.
2022 GROWTH IN NUMBERS
2022 was a breakthrough year for the product, with:
- 57 new projects launched
- 4.5 million active players
According to the deep industry survey, 86% of the clients are highly satisfied with the Casino Platform. Operators chose SOFTSWISS for the technical and functional excellence of its solutions, noting their versatility, fault tolerance and management flexibility, as well as for the company’s deep market expertise and top-level service.
Yuriy Mogyr, Chief Commercial officer at RocketPlay Casino: “I wanted to express my sincere gratitude to SOFTSWISS for the fruitful cooperation we have. As a key client of yours, we’ve always been impressed with the quality of service you provide. The prompt updates to the platform allow RocketPlay Casino to hold the bar high in a rapidly changing market, which has been recognised with relevant industry awards. SOFTSWISS has proven to be a reliable partner who is always willing to listen to and understand our needs to offer the best solutions. Looking forward to continuing our partnership.”
PRODUCT INNOVATIONS
In 2022, to equip operators with detailed project and player data, the Casino Platform team launched the Event Streaming feature enabling real-time tracking of any kind of casino activity.
Bonus API and Team Tournaments are two more new features reinforcing operator experience and leveraging one of the hottest iGaming trends – gamification. Bonus API helps operators drive player acquisition and retention by crafting personalised and unique bonuses based on a wide selection of parameters and settings. Team Tournaments expand player opportunities to compete and increase chances of winning through team effort, which helps operators engage more players, boost game activity, and, as a result, find positive movements in their profits. The In-Game Currency Conversion feature allows players to convert their crypto balances into nine most used fiat currencies: USD, EUR, AUD, RUB, CAD, NZD, NOK, JPY, and BRL.
2023 has also brought some meaningful product updates. The team has integrated the MetaMask cryptocurrency wallet that interacts with the Ethereum blockchain. Now players are able to deposit their MetaMask crypto balances while gambling. It means they don’t need to manually transfer funds from the MetaMask wallet to the casino wallet, which saves their time and streamlines access to games.
The SOFTSWISS expansion in the international arena is evidently reflected in the progressive growth of its headcount, with the Casino Platform team having redoubled over the last 12 months.
Darya Avtukhovich, Head of SOFTSWISS Casino Platform, comments: “The rapid expansion we have seen from our Casino Platform is a testament to the hard work that everyone has been doing since we went live 10 years ago. This year promises to be one of the biggest years in terms of growth as we continue to develop local markets, expand our crypto offering, personalise content and implement social features. We also plan to strengthen our retention tools and expand our footprint in Latin America.”
About SOFTSWISS
SOFTSWISS is an international iGaming company supplying certified software solutions for managing gambling operations. The expert team, which counts 1,500+ employees, is based in Malta, Poland, Georgia, and Belarus. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a bitcoin-optimised online casino solution.
CEO of Expanse Studios
Expanse Studios (GMGI) Enters the U.S. Sweepstakes Market
North American Expansion Kicks Off Through Strategic Partnership with Moozi
Golden Matrix Group’s game development division, Expanse Studios, has officially entered the U.S. sweepstakes market, marking a significant milestone in its North American growth strategy. This move is powered by a strategic content partnership with Moozi, one of the most dynamic sweepstakes social casino platforms in the region.
With Moozi now featuring over 50 of Expanse Studios’ top-performing games—including immersive slots, crash games, and table games—this partnership positions GMGI to capture a share of the $5.6 billion U.S. sweepstakes market, projected to more than double to $11 billion by 2025 (Eilers).
Damjan Stamenkovic, CEO of Expanse Studios, commented:
“This partnership signifies our formal entry into the U.S. market, showcasing the innovation and player-first experiences that define Expanse Studios. Collaborating with Moozi enables us to deliver advanced gaming content to a growing audience in North America, a key region for our global growth.”
James Anderson, Moozi’s CCO, added:
“Expanse Studios has set a high bar for engaging and innovative gaming experiences. Their addition to our platform elevates Moozi’s offerings and strengthens our mission to lead the U.S. sweepstakes social casino space.”
This launch underscores Expanse Studios’ commitment to innovation and its long-term growth trajectory in regulated markets. By entering the North American sweepstakes market, Expanse Studios takes a bold step in expanding its footprint while delivering cutting-edge gaming experiences.
Latest News
GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline
GamCare’s National Gambling Helpline received a record 55,228 calls and online chats from people experiencing gambling harm in 2023-24 – a 25% increase from the previous year – according to the charity’s Annual Report.
In a year marked by uncertainty over the future shape and structure of the gambling harms treatment sector following the previous government’s white paper on gambling reform, the charity continued to prioritise those at-risk of, or currently experiencing, gambling harm.
Of all calls and online chats that were responded to on GamCare’s Helpline in 2023/24, 41,070 (74%) were classed as supportive interventions. This includes supporting people with initial guidance and advice as well as delivering a seamless entry point into structured treatment services, with individuals completing treatment reporting a significant reduction in gambling-related distress and financial harm.
In March 2024, the Office for Health Improvement and Disparities published an assessment of the gambling treatment system, highlighting that 57% of individuals engaging in treatment were referred by the National Gambling Helpline. This underscores the Helpline’s critical role in connecting people to the support they need. Over 9,100 free treatment sessions were delivered in the year to April 2024, with an average of just 2.1 days’ wait from point of referral.
GamCare’s targeted programmes aimed at young people, women, and the criminal justice system provided training on how to spot the signs of harms and where to signpost into support for 10,344 professionals, and education for 53,324 young people, children and parents. The Women’s Programme, in partnership with organisations such as Refuge, trained 3,813 professionals to recognise and address gambling-related harm among women.
Margot Daly, Executive Chair of GamCare’s Board, says: “Throughout a challenging year and with heightened demand for our services, GamCare’s staff have got on with the job of preventing harm where possible and treating harm where necessary. While we expect important changes in the gambling harms landscape, we have been determined not to let this uncertainty affect our relentless focus on the people who really matter – those at-risk of or currently experiencing gambling harms.
“I would like to thank and pay tribute to our frontline staff who provide 24/7 support for all those at risk or in distress. I also want to thank GamCare’s senior executive team who have steered GamCare through a period of sustained change, and to my fellow trustees for their guidance, unwavering support and the time each has dedicated to ensuring that the charity stays on course and on mission.
“As we look ahead to how the future of the gambling harms sector is shaped, we are committed to working proactively with the NHS and other partners and commissioners to ensure that people are continually able to receive the right support at the right time.”
The post GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline appeared first on European Gaming Industry News.
Latest News
Kambi Group plc repurchase of shares during 18 December – 23 December 2024
Kambi Group plc (“Kambi”) has during the period 18 December to 23 December 2024 (the “Buyback Period”) repurchased a total of 40,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).
The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.
During the Buyback Period, Kambi repurchased a total of 40,000 ordinary B shares at a volume-weighted average price of 99.13 SEK. From the beginning of the Programme, which started on 6 November, until and including 23 December 2024, Kambi has repurchased a total of 344,000 ordinary B shares at a volume-weighted average price of 104.94 SEK per share.
During the Buyback Period, Kambi has repurchased shares as follows:
Date | Aggregated daily volume (number of ordinary B shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
18 December 2024 | 10,000 | 100.00 | 999,967 |
19 December 2024 | 10,000 | 99.39 | 993,929 |
20 December 2024 | 10,000 | 98.86 | 988,588 |
23 December 2024 | 10,000 | 98.26 | 982,562 |
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 23 December 2024, Kambi’s holding of its own shares amounted to 344,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.
A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.
Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/
The post Kambi Group plc repurchase of shares during 18 December – 23 December 2024 appeared first on European Gaming Industry News.
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