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Latest News

SOFTSWISS Prime Network Jackpot Hits €537K in Latest Draw

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SOFTSWISS celebrates another significant win as a lucky player claimed the second Prime Network Jackpot on June 25, taking home a prize of EUR 537,471.69 – more than twice the amount awarded in the first Prime Network Jackpot draw.

The jackpot-winning spin occurred on Spinago .com within the Sunlight Princess Slot Game by 3 Oaks Gaming, a rapidly growing distributor of iGaming content. 

The Prime Network Jackpot involves multiple casinos, pooling resources to create a shared prize fund. This collaborative approach ensures that winnings are paid out from the combined pool rather than from individual casinos.

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SOFTSWISS’ internal research shows that jackpot wins boost player activity. In the first week after a win, the average Bet Count goes up by 60%, and the average Bet Sum increases by up to 150%. Within the first month, the average Bet Count rises by 40%, and the average Bet Sum increases by 68%.

“We always look forward to the Prime Network Jackpot draws. This recent jackpot dropped at night, and seeing the notification early in the morning was an exhilarating start to the day. We closely monitor the process, including the casino and the game involved. 

The first Prime Network Jackpot started at 100,000 euro, and the prize amounted to over 244,000 euro. The second campaign started at 300,000 euro, and the prize more than doubled. We are launching the next campaign with a starting sum of 400,000 euro and are curious to see how significant the win will be this time,” said Anhelina Stasiuk, Head of Business Line at SOFTSWISS Jackpot Aggregator.

A representative from Spinago .com: “SOFTSWISS’ Prime Network Jackpot provides a truly immersive gaming experience and we are thrilled that it was our player who hit the jackpot and experienced such a joyous victory.  We eagerly await the next Prime Network Jackpot campaign, which promises to be even grander.”

Karyna Prosianyk, Account Manager 3 Oaks Gaming, added: “This is an incredible opportunity to win a big prize while enjoying our slots. We are thrilled to be part of such an occasion. Congratulations to the winner!

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Once again, we are convinced that good cooperation provides our players with great opportunities. We are confident that the Prime Network Jackpot will offer a pleasant experience to many players, especially in 3 Oaks slots.”

Since Q2 2024, all clients of the SOFTSWISS Game Aggregator can join the Prime Network Jackpot and enjoy its benefits. The iGaming community is invited to discuss the possibilities the SOFTSWISS Jackpot Aggregator offers with its team at iGB Live on 17–18 July.

 

About SOFTSWISS 

SOFTSWISS is an international iGaming company supplying certified software solutions for managing gambling operations. The expert team, which counts over 2000 employees, is based in Malta, Poland, and Georgia.  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 software and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

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The post SOFTSWISS Prime Network Jackpot Hits €537K in Latest Draw appeared first on European Gaming Industry News.

Compliance Updates

Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days

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The Malta Gaming Authority (MGA) has issued a reminder to licensees regarding the necessary compliance procedures for outsourcing activities related to material supplies, critical supplies and key functions.

According to the Gaming Authorisations and Compliance Directive, licensees must adhere to the Policy for Outsourcing by Authorised Persons. Licensees are required to notify the MGA within 30 days when outsourcing material supplies.

For outsourcing activities deemed to be critical supplies or critical services, prior approval from the Authority is mandatory. This approval must be secured before entering into any agreements, MGA said in a statement.

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Outsourcing requests should be submitted through the “Operational – Outsourcing Arrangements” application on the Licensee Portal. Key Function applications need to be submitted directly by the respective Key Person via the “Personal Portfolio” on the Licensee Portal.

Furthermore, if licensees require the MGA’s formal approval for any outsourced business arrangements with third parties, known as “Shared Conduct Agreements,” a specific procedure must be followed to obtain this approval.

The post Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days appeared first on European Gaming Industry News.

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Industry Awards

Singular wins ‘Best Gaming Online Betting Platform of the Year’ at MiGEA 2024

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Singular, an international iGaming software provider and part of Flutter Entertainment, has been awarded ‘Best Gaming Online Betting Platform of the Year’ at the recent Malta’s Gaming Excellence Awards (MiGEA), an annual event that celebrates companies and individuals for their continuous contribution to growth, innovation, and accomplishments within the iGaming industry.

This is the second award that Singular ever received from MiGEA, as the company previously won the ‘Best iGaming Technology & Media Provider of the Year’ award at the 2022 ceremony. In addition to this year’s award, Singular was also nominated in two other categories in 2024, ‘Best Gaming Technology Provider of the Year’ and ‘Best Omni-Channel Provider of the Year’.

“We are honored to be recognized with such a prestigious award at the recent MiGEA ceremony. This achievement is a testament to our team’s hard work, and it serves as great motivation to continue investing in our iGaming platforms and give the brands we support a competitive edge at all times,” comments Phil Garner, Singular’s Managing Director. “We’re all proud of this recognition and are looking forward to even greater success for both Singular and Flutter Entertainment.”

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As a Flutter technology provider, Singular is also part of the Flutter Edge, the Group’s distinctive, global competitive advantage across talent, technology, product and capital. This enables a great exchange of knowledge and expertise across teams, brands, and even divisions, and allows Flutter brands to remain at the forefront of the industry with their platform solutions.

The post Singular wins ‘Best Gaming Online Betting Platform of the Year’ at MiGEA 2024 appeared first on European Gaming Industry News.

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Latest News

Registrations up 53% as gaming professionals from 121 countries head for iGB L!VE 2024

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The international industry has thrown its support behind iGB L!VE with the latest data showing a 53% year-on-year uptick in registrations from industry professionals based in 121 countries. 

The breadth of the geographical support which stretches from the United States to the United Arab Emirates, South Africa to Slovenia and Brazil to Belgium, confirms iGB L!VE’s growing status as one of gaming’s most powerful and compelling international business events.

iGB L!VE Portfolio Director, Naomi Barton stated: “I am delighted that the numbers are looking so healthy. The great news for those attendees who will be making the journey to the RAI Amsterdam from throughout the world is that they will have access to in excess of 300 exhibitors and sponsors occupying 21,000+ square metres of gross space, a figure which is 35% higher than in 2023.

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“iGB L!VE is already igaming’s fastest growing business event and to be so far ahead of last year which culminated in a record unique attendance of 7,299 (+44% y-o-y)  and 14,500 on-site visits is massively encouraging.

“The geographic reach of the brand continues to grow with registrations received from literally all over the world. Whilst we need to see how this translates into physical attendance, iGB L!VE has I believe, underlined its status as a truly global brand and is now amongst the most international live events on the industry calendar.”

She added: “There’s a real buzz and energy about the brand and a level of engagement with the industry that’s off the scale. The combination of a dynamic show floor featuring so many of the industry’s most influential and exciting companies, new features, a compelling conference program, best in class networking opportunities and of course the opportunity to say a huge and heartfelt thanks to Amsterdam ahead of our 2025 relocation to London makes iGB L!VE 2024 simply unmissable.

“It will also fire the starting pistol on the countdown to London and all that means to the development of the brand and the opportunities it will deliver for its growing international stakeholder community drawn from every corner of the world.”

The post Registrations up 53% as gaming professionals from 121 countries head for iGB L!VE 2024 appeared first on European Gaming Industry News.

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