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TaDa Gaming Serves Up Mega Multiplier Treats in Lucky Doggy
TaDa Gaming is dishing out the treats with new release Lucky Doggy. Wilds, Scatters, Multipliers and generous Free Spins are further enhanced with a superb bonus game in this six rows, five reels, 50 fixed paylines slot.
There are two Scatters in Lucky Doggy. The Bonus Scatter can only appear on reels two and three and the Gamble Scatter on reel four. Triggering the Gamble Spin, they award up to ten free spins or a multiplier prize of 3x, 4x or 5x the value of the triggering bet.
Other symbols include the high paying doggies and the Wooden Dog House which, in the main game, will change to reveal all the same symbols except for the Wild, the Bonus Scatter and Golden Dog House symbol.
Players will find out how lucky these doggies can be when The Golden Dog House shows up. This symbol only appears in the Free Spins round on reel four and will trigger a special bonus game.
All Golden Doghouse positions on the game board will transform into special bonus reels and spin to display different bonus symbols which all have a unique function. The bonus round ends with a payout when each position on the special bonus reel holds a symbol including:
Dog Biscuit multipliers up to 10x; the ‘Collect’ bonus symbol which gathers together the values of all the symbols landing on the reels; the Instant Bonus Win multipliers from 1x to a mighty 100x; and the Grooming Tool Bonus Multipliers which also change the grid to 1-row 2-reel or a 1-row 3-reel axis.
Each bonus intensifies the gameplay, keeps players on full alert and increases the win potential.
Stunning animations from exploding cans to dancing dogs keep the visuals fast and furious. The non-stop win potential alongside the incredible variety in ways to win will have players glued to the screen to find out who is the lucky dog in this high-volatility slot.
Sean Liu, Head of Product Management at TaDa Gaming, said: “Lucky Doggy delivers an immersive theme with great style and humour to provide engagement from the first spin. The interplay and variety in bonus win potential creates great anticipation and we believe players will be as excited with this release as we are.”
The post TaDa Gaming Serves Up Mega Multiplier Treats in Lucky Doggy appeared first on European Gaming Industry News.
Paul Gauselmann steps down from the group’s executive management / Michael Gauselmann assumes the roles of Chairman of the Supervisory Board and the Board of Directors of the Gauselmann Family Foundation / Lars Felderhoff is appointed new Chairman of the Management Board
A new chapter is dawning for the Merkur Group as company founder Paul Gauselmann is set to retire as Management Board Chairman on 1 October, stepping back from the company’s executive leadership. For 67 years, he has shaped the destiny of the group, transforming a part-time one-man business into an internationally acclaimed group of companies with total sales revenues of around 4 billion euros and external sales revenues of over 2.7 billion euros. “I have consistently devoted my energy to the company’s welfare, and at the same time to the benefit of our approximately 15,000 employees,” he stated. “Now the time has come to entrust my life’s work to the younger generation,” explains Paul Gauselmann. Lars Felderhoff, 48, CFO of the Merkur Group, will assume the role of Chairman. He will be supported by Jürgen Stühmeyer (64), Management Board member with responsibility for sales, and Manfred Stoffers (70), Management Board member with responsibility for marketing, communications and political affairs, as vice-chairs. “I am delighted that this trio is taking over the helm. They are outstanding leaders with a deep understanding of the company,” adds Paul Gauselmann, who will continue his association with the company as a member of the Gauselmann Family Foundation.
A generational shift is also taking place on another level: Michael Gauselmann (68) is set to assume the role of Chairman of the Supervisory Board from Manfred Grünewald (89) on 1 October. He will also succeed Paul Gauselmann as Chairman of the Board of Directors of the Gauselmann Family Foundation. As the sole shareholder of the group, the Foundation is the hub for all fundamental strategic decisions. “I am thrilled that my son Michael is embracing this important responsibility and will contribute his international experience to our company,” states Paul Gauselmann. Michael Gauselmann, a business administration graduate, joined the group in 1982 and worked across all business segments. He advanced internationalisation by establishing the subsidiary Atronic in 1993, overseeing all foreign operations. For a decade, he served as Vice-Chairman of the Management Board before becoming Co-Chairman of the Group Management Board, sharing responsibilities with Paul Gauselmann from 2004 to 2012. From 2013, he was involved in the then Gauselmann Family Council and, from 2016, in the Gauselmann Family Foundation.
Lars Felderhoff will assume responsibility for executive management as the new Group Chairman. He has overseen the finances and organisation of the Merkur Group since 2018. He started his career in 2000 at the subsidiary Atronic. From 2007 to 2011, he expanded his expertise at the gaming group GTech (now IGT) and at Metro Cash & Carry International, a wholesale group. Felderhoff rejoined Merkur in 2011 as the Commercial Director of the adp Merkur subsidiary. In that capacity, he was in charge of commercial operations for the Merkur business segment, encompassing over 40 companies both in Germany and internationally. As a native of Rahden, he has close ties to the region and understands the roots of the corporate group. “The challenge is immense, and naturally, we will not be able to fill the shoes of an entrepreneur like Paul Gauselmann one-to-one. However, the company is robust and agile enough to continue setting new benchmarks in the future.”
He is assisted by the Management Board’s Vice-Chairs, Jürgen Stühmeyer and Manfred Stoffers. Stühmeyer, who hails from Minden, has dedicated 37 years to the Eastern-Westphalian company, starting as a trainee in 1987 and progressively advancing through the ranks. In his function as the Management Board member responsible for sales, he has directed the strategic orientation and commercial success of the entire Merkur pillar since 2007. Manfred Stoffers joined the company in 2011 as a consultant to the Chairman of Gauselmann AG, and was appointed Management Board member responsible for Marketing, Communications and Political Affairs in 2015.
Paul Gauselmann expressed great satisfaction with the top-level personnel changes, stating, “Reorganising the company by the time I turn 90 has been my wish for some time. We have accomplished this very well and are ideally positioned for the future, particularly as my son Michael, both a member of the Gauselmann family and an experienced entrepreneur, will continue to be involved in the most critical decisions.”
The post Leadership transition within the Merkur Group appeared first on European Gaming Industry News.
GameplAI is harnessing the gains in automation seen in other tech sectors and bringing them to the sports betting industry, with more accurate pricing and automation which reduces the manual overhead of risk-management for trading teams. Its growing group of partners are benefiting from a series of never-before-seen, player-focused markets that engage fans both pre-game and in-play.
Gaming Americas caught up with their Co-Founder, Graham Savage, the man at the helm of a company on the road to becoming the premium supplier of automated and quantitative-driven sports solutions for the sector.
After GameplAI’s defining Q1 raise earlier this year, how have you been deploying the funds?
There are two core priorities for the deployment of our capital. The first is the expansion of our team. We have already doubled the size of the team since January and we are still looking to hire additional technology and sports-modelling expertise. The second strand is a focus on licensing. Given the global footprint of our expanding customer base, we are actively pursuing licences in multiple U.S. states in addition to emerging LatAm regions such as Peru and Argentina.
What does adding Marco Blume as an investor do for the company?
Marco provides fantastic insight and context in terms of what is most important to operators when assessing third-party products. Under his tenure, Pinnacle became a global leader in terms of sports product and pricing and this is the equivalent position that we are keen to assume within the suppliers’ sphere.
How do you see the supply market changing in the year ahead?
We see a strong emphasis being placed by operators on both in-play and props products. We feel this will be a dual responsibility to solve, with the onus being on companies like ourselves to create innovative products bolstered by compelling and accurate pricing, whilst our B2C partners will prioritise delivering intuitive and engaging front end UI to further embellish the product experience.
How were the Euros/Copa America for you and your recent operator deals?
We used both tournaments as a test bed. Betano, the premium online sports betting and gaming brand, launched a segment of the football player props product that we have developed in conjunction with Opta data. These markets proved to be hugely popular and we will roll out our extensive football props solution with Betano over the coming weeks.
In parallel, we launched a proof of concept of our football narrator product with a leading UK operator, which generates contextual markets in-play, relative to the most recent game state. These markets were really well-received by UK-based customers and we will look to broaden the scope of that collaboration, now that the domestic season has resumed.
What are the opportunities for GameplAI right now in the medium to long-term?
We have been very fortunate with the stature of partners with whom we are working. Their respective product and trading teams have been a fantastic support and resource for us – and working with people of that calibre will only serve to further enhance the quality of our product offering.
Broadening our international footprint is also hugely exciting and by the end of year we will be live with market-leading partners across three separate continents, which represents incredible progress in 12 months. We are hugely enthused at the prospects ahead and firmly believe GameplAI will be at the forefront of driving new product innovation in sports in 2025 and beyond.
The Star Entertainment Group Limited announced that the Group’s corporate lenders have executed a commitment letter for a new debt facility (of up to $200 million in two-tranches) which will become effective upon completion of long-form documentation and satisfaction of various conditions precedent.
The Group’s existing $450 million facility has been reduced to $334 million which is fully drawn.
The Company’s lenders have agreed to provide covenant waivers for the next two testing dates, being 30 September 2024 and 31 December 2024, with the waiver for the latter date being subject to execution of long-form documentation for the new debt facility and other customary conditions.
The new facility comprises two tranches of $100 million each. The first tranche is expected to be available to be drawn, subject to conditions precedent, from the end of October 2024 through to 20 December 2024.
The first tranche is subject to certain conditions precedent being met, including:
•the provision of unsecured guarantees from some of the Group’s regulated entities and enhanced security granted to lenders;
•regulatory consents and government approvals as required for guarantees and enhanced security for the lender group;
•the establishment of a disposal proceeds account with a credit balance of an amount representing the net proceeds of the sale of the Treasury Brisbane casino building and any other non-core asset proceeds completed before the draw down; and
•other customary conditions precedent.
The second tranche is subject to more extensive conditions precedent but, if satisfied, would be expected to be available to be drawn from the end of December 2024 and have a 4 month availability period following the drawing of the first tranche.
The conditions precedent for the second tranche drawdown include:
•the receipt of required regulatory consents and finalisation of documentation for the granting to the lender group of security over the Group’s regulated entities;
•provision of information in relation to the Group’s long-term strategy;
•all lender approval of the Group’s strategic plan and long-term financial forecasts;
•the Company raising additional subordinated capital of at least $150m; and
•other customary conditions precedent.
The all-in coupon for the new facility is 13.50% per annum (assuming cash pay is elected), and the existing $300 million term facility has been repriced to this level:
•the Company has the flexibility to capitalise a component of the interest at its election; and
•there is a reduction in the coupon subject to the Group’s Adjusted Net Leverage Ratio falling below 4.0x.
The maturity date for the new facility is consistent with the existing term loan (December 2027). The Group will also retain up to $34 million of bank guarantees under the existing revolving credit facility.
The post The Star: New Debt Facility Arrangement appeared first on European Gaming Industry News.
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