BetMGM Bolsters Game Offering through GameCode Collaboration
BetMGM has entered into a significant partnership with GameCode, a provider known for its focus on the North American iGaming market. This alliance marks the introduction of several new game titles such as “Boom Boom Boom”, “HammerCash”, “GoldGold Gold”, and the “Super3” series. These games have already launched in Michigan and New Jersey, facilitated by a direct integration with BetMGM’s platforms.
The expansion plan includes launching GameCode’s entire game portfolio across all areas where BetMGM’s iGaming platform is active, pending regulatory approvals. Oliver Bartlett, BetMGM’s VP of Gaming Product & Content, expressed enthusiasm about the initial success of these titles and highlighted the company’s commitment to offering top-tier, innovative gaming content.
Innovative Gaming Solutions from GameCode
GameCode, led by CEO Matt Hanski, emphasizes the development of engaging and enduring gaming content, drawing on experience from land-based casinos across North America. “We aim to make a lasting impact with each title we release, and our efforts are reflected in the popularity of our games in active states,” Hanski noted. Wojciech Ziniewicz, GameCode’s CTO, also touched on the technological backbone of their offerings, emphasizing the robust, secure infrastructure of their Remote Gaming Server (RGS), which complies with stringent US regulations.
Enhancing Security with Prove Identity Partnership
Further bolstering its commitment to user security and experience, BetMGM has also teamed up with Prove Identity. This partnership focuses on enhancing the onboarding process for new customers using the Prove Pre-Fill identity solution, which has been shown to potentially increase registration completion rates to as high as 79%. This solution not only speeds up the process but also aids in preventing the misuse of bonuses and promotions.
Tom Hill from Prove Identity highlighted the synergy between the companies, pointing out that the Prove Pre-Fill® technology is a leap forward in identity verification, offering customers faster access to BetMGM’s comprehensive sports betting and casino products. This technology awaits regulatory approval for its use in the US market.
A Robust Year for BetMGM
Adam Greenblatt, CEO of BetMGM, underscored the strategic importance of these partnerships, stating, “These collaborations reflect our commitment to providing a seamless and secure betting experience.” He also shared insights from BetMGM’s fiscal year 2023 report, which showcased a strong performance with revenues reaching $1.96 billion.
These strategic partnerships not only enhance BetMGM’s product offerings but also solidify its position as a leader in the rapidly evolving online gaming industry, promising an enhanced and secure experience for players across its platforms.
Transition at the Helm: CFO Ronen Kannor Bids Farewell
Bragg Gaming Group has announced the impending departure of Chief Financial Officer Ronen Kannor on June 3, 2024. Kannor is set to explore new professional horizons, and the company is in the process of identifying his successor.
Reflecting on a Period of Significant Growth
During Ronen Kannor’s tenure, Bragg Gaming witnessed transformative growth, securing listings on prominent stock exchanges and finalizing key acquisitions. CEO Matevž Mazij lauded Kannor’s contributions to these achievements.
In his own words, Kannor expressed deep gratitude for his journey with Bragg Gaming: “It has been an honour to be part of the Bragg team that has successfully navigated many challenges and continued to deliver consistent growth over the past four years. I thank the Board for their support throughout my time with Bragg, and I am now fully focused on ensuring a smooth handover to my successor.”
Kannor also extended his appreciation to his finance team, acknowledging their relentless effort in fostering the company’s financial prosperity: “Special thanks goes to my finance team, who work tirelessly to deliver the positive change and financial growth that the Company continues to achieve. I wish them and all of my colleagues continued success with Bragg now and in the future.”
Financial and Strategic Milestones
Despite a brief revenue dip in the last quarter, Bragg’s yearly financials revealed a 10.4% revenue increase to €93.5 million and a notable jump in adjusted EBITDA. This financial resilience underscores the company’s strategic acumen, including the formation of a committee to explore future growth avenues.
Solidifying Presence in Latin America
Bragg’s strategic acquisition of a B2B license from Peru’s Mincetur marks a significant step in cementing its position in the Latin American online casino market. This initiative will offer operators access to Bragg’s extensive game portfolio through the Bragg Hub platform, as the Peruvian igaming market awaits its official launch.
Expanding Offerings and Market Reach
Highlighting the importance of adapting to new markets, Ivica Jovanovski, Head of Aggregation at Bragg, shared the company’s enthusiasm for entering Peru. Bragg’s Oryx Gaming subsidiary now boasts over 9,000 game titles, complemented by a full-service player account management platform. This platform includes a comprehensive suite of tools designed to enhance player engagement and operational efficiency.
Looking Ahead
As Bragg Gaming Group forges ahead, it remains committed to strategic expansion, regulatory compliance, and product innovation. With the Peruvian license in its portfolio and a technology-driven approach, Bragg is well-prepared to explore new opportunities in Latin America and beyond, promising an exciting future for the company and its stakeholders.
Betsson Makes Strategic Moves in Serbian Market
Online casino software provider Swintt has struck a deal to partner with Betsson’s Rizk Casino brand, allowing Swintt to enter the newly regulated Serbian online gambling market. The partnership will see Swintt provide the popular Rizk Casino platform with its full suite of games from the SwinttSelect and SwinttPremium libraries.
This comprehensive content package from the innovative game studio will significantly bolster Rizk Casino’s gaming offerings for Serbian players. Swintt’s portfolio contains over 140 top-performing online slot games packed with engaging themes, cutting-edge features, lucrative bonus rounds and potential wins up to 500x the original bet amount.
Betsson recognizes Swintt’s rising popularity and the supplier’s ability to deliver an immersive gaming experience. The deal allows Rizk Casino to take advantage of Swintt’s compelling titles as well as future releases from its new Elysium Studios game studio venture.
David Mann, CEO of Swintt, commented: “With Rizk Casino being celebrated for providing players with an unrivalled selection of games, we’re thrilled to strengthen their lineup with our Premium and Select collections. This deal will put us on the map in Serbia.”
Matthea Dudic, Regional Casino and Operations Chief at Rizk, added: “Swintt’s slots have seen great success, and we’re delighted to welcome them to our Serbian platform, offering both classic and modern games that will be a huge hit.”
Finnish Court Suspends Betsson Payment Blockade
In Finland, Betsson recently secured a temporary victory as the Supreme Administrative Court suspended an order that required banks and payment providers to block all payments from Finnish customers to the operator’s subsidiary BML Group.
The payment blockade stemmed from the Helsinki Administrative Court imposing a record €2.4 million fine on BML Group in March for allegedly targeting the Finnish market illegally. Betsson fiercely contested the fine and vowed to appeal to a higher court.
With the appeals process ongoing, the Supreme Administrative Court has halted the payment blockade order. Betsson will also not need to pay the €2.4 million penalty until the legal process concludes. Finland’s National Police Board has removed BML Group from its list of blacklisted operators during this period.
To mitigate the initial payment blockade, Betsson transferred its brands for non-Swedish and non-Irish EU customers to the new Rizk Nordic Limited entity licensed by the Malta Gaming Authority.
Finland’s Gambling Monopoly Ending by 2026
These developments coincide with Finland’s plans to phase out the gambling monopoly held by state-run operator Veikkaus by 2026 and transition to a licensing system that allows private operators.
While Veikkaus has said it welcomes the regulatory overhaul, the company warned the licensing regime could force it to reduce its workforce substantially.
The monopoly reform aims to create a better-regulated online gambling environment and tackle Finland’s high rates of problem gambling. A recent study found around 150,000 Finnish citizens, or nearly 3% of the population, potentially suffer from gambling addiction.
Experts argue ending Veikkaus’ monopoly and opening up licensing is crucial for safeguarding consumers and combating the unregulated black market for online gambling that has thrived under the current regime.
ELA Games has announced a partnership with BlueOcean Gaming. This collaboration will see ELA Games’ innovative slot creations integrated into BlueOcean’s GameHub, a leading aggregator of casino games. As a result, operators connected to the GameHub will soon be able to offer ELA’s engaging games to their players.
The Power of Integration
BlueOcean Gaming, known for its comprehensive B2B solutions, will bolster its GameHub portfolio with ELA Games’ offerings. The GameHub, recognized for facilitating easy access to a diverse range of games through a single-point API, is set to enhance its collection, which already exceeds 10,000 titles from more than 110 game developers. This integration underscores the commitment of both companies to providing operators with seamless and diversified gaming content.
Spotlight on ELA Games’ Hit Titles
ELA Games is stepping into the limelight with its unique slot games, including crowd-pleasers like Bandidos Bang, Fish & Spins, and Book of Meow. Mike Cini, the driving force behind ELA Games, expressed enthusiasm for the opportunity to showcase their distinctive games across BlueOcean’s expansive network.
Diving into ELA Games’ Slot Marvels:
Bandidos Bang: A Wild West Adventure
Step into the boots of the fearless with Bandidos Bang, a wild west escapade that offers players a chance to ride alongside bandits on a quest for treasure. With a return to player (RTP) rate of 95.8% and a max win potential of 750x the stake, this game entices with its array of bonuses and a captivating theme.
Book of Meow: Feline Mystique Meets Ancient Egypt
Book of Meow captivates with a fusion of ancient Egyptian lore and the internet’s undying love for cats. This slot stands out not only for its enchanting theme but also for its straightforward gameplay and the thrill of its bonus rounds. With up to nine expanding symbols, players are guaranteed a purr-fect gaming experience.
Fish & Spins: An Underwater Quest for Treasure
Fish & Spins invites players to plunge into an underwater world teeming with treasures. With an RTP of 95.1% and a maximum win potential of x5000, this game offers a thrilling adventure across its 5×5 layout. The inclusion of features like Avalanche wins and multipliers makes for a riveting experience that’s hard to resist.
SOFTSWISS, a pioneer in the iGaming software industry, marks a significant milestone by securing the inaugural B2B Tobique Gaming Licence. This notable achievement coincides with the company’s 15th anniversary, showing its ongoing commitment to expanding its global reach and enhancing its service offerings. The Tobique Gaming Commission (TGC), in collaboration with Differentia Licensing Advisory Group Limited (DLAG), has endorsed SOFTSWISS for a one-year operational tenure, setting a new precedent in the iGaming sector.
Tobique First Nation: A Sovereign Community’s Visionary Move
Situated in western New Brunswick, Canada, the Tobique First Nation has embarked on an innovative journey by issuing online gambling licenses under the Tobique Gaming Act of 2023. This strategic move positions the indigenous community as a key player in the global online gambling landscape, offering a B2B Tobique Gaming Licence that paves the way for businesses to extend their operations internationally. This license stands out for its broad coverage, including sports betting, casino games, and lotteries, alongside benefits such as a streamlined application process and cost-efficiency.
SOFTSWISS: Expanding Its Global Footprint
Yuri Sharapa, Head of Country Projects at SOFTSWISS, expressed gratitude towards the Tobique Gaming Commission for their trust and highlighted the significance of this new license in diversifying the company’s portfolio. Graham Martin, Chairman of DLAG, echoed this sentiment, which proves SOFTSWISS’s role as a tier-1 brand within the industry. This license adds to SOFTSWISS’s robust international and national certifications portfolio, further solidifying its status as a leader in the provision of iGaming software.
Evo Prime Drop: A New Chapter in Player Engagement
In a strategic collaboration with Evolution Gaming Group AB, SOFTSWISS has launched the Evo Prime Drop campaign to elevate player engagement through exciting, premium games. This initiative, accessible to casino operators within the SOFTSWISS Game Aggregator network, presents a selection of top-tier games without imposing additional charges. The campaign aims to enhance player retention and offers a generous jackpot prize pool, emphasizing the collaborative spirit between SOFTSWISS and Evolution in fostering innovation in the gaming sector.
Forward-Looking Initiatives: Shaping the Future of iGaming
The partnership between SOFTSWISS and Evolution signifies a forward-looking approach to iGaming, blending cutting-edge technology with innovative campaign mechanics to benefit operators, providers, and players alike. This venture sets a benchmark for future collaborations, highlighting the dynamic capabilities of the SOFTSWISS Jackpot Aggregator and the Evolution portfolio in driving the industry forward.
The acquisition of the B2B Tobique Gaming Licence by SOFTSWISS, coupled with the Evo Prime Drop campaign launch, underscores a pivotal moment in online gambling. These developments not only exemplify strategic foresight but also reinforce SOFTSWISS’s commitment to enhancing its offerings and solidifying its position as an industry leader.
