Romanian based omni-channel sports betting and gaming operator, Superbet, is thrilled to announce that it has been given €175 million strategic minority investments from Blackstone Group, the world’s largest alternative investment firm.

Although terms of the transaction have not been disclosed, Blackstone has confirmed that the investment will be funded with money managed or advised by its Tactical Opportunities division.

Blackstone has praised Superbet for its ‘rapid growth’ in recent years and has cited its customer-oriented pricing and service, high quality shops, technology investment and rich experience in the industry as the main drives behind this.

Andrea Valeri, Blackstone’s Senior Managing Director, commented on the investment by saying that they are delighted to be able to start working with Sacha Dragic and the excellent management team he has created at Superbet. He added that it is impressive that the Romanian company has continued investment in world-class multi-channel and digital operations, including the launch of a market-leading native app and proprietary online sports and gaming engine, all made to the international standards of the industry.

Valeri went on to say that they look forward to supporting the upward trend of Superbet’s impressive growth trajectory, through international expansion and continued investment in technology.

Sacha Dragic, the Founder and Group Chief Executive Officer of Superbet, said that they are anxious to start this strategic partnership with Blackstone. He added that Blackstone’s equity investment and extensive experience will help them maintain and grow their market-leading position in Romania and pursue expansion opportunities in Central Eastern Europe and globally.

Hyper Casino, a recently launched online casino owned by L & L Europe, has announced that a lucky Swedish player recently won an amount of close to 27 million Krona wagering on the NetEnt Mega Fortune Progressive video slot game at the site.

The player’s huge win on the progressive video slot game equates to a massive amount of £2,158,785 or a whopping €2.5 million.

L & L Europe has sent a notification to their affiliate partners stressing the fact that this progressive win on the Mega Fortune video slot is the first such win in a regulated Swedish Market. The win has also resulted in the lucky progressive jackpot winner being the first winner of a progressive jackpot whilst wagering on a NetEnt game in the Scandinavian country as it was only at the end of last year that the Spelinspektionen (also known as the Swedish Gambling Authority) began awarding licenses to online casinos.

The five reel, 3 row and 25 pay line Mega Fortune is a progressive slot game although, despite this super-sized win that was recently hit, is regarded by NetEnt as a low variance (low volatility) slot game.

The Mega Fortune slot has a Free Spins feature and a Mega Fortune Bonus game that could see players become millionaires. The biggest ever online jackpot on the slot game was an amount of €17.8 million that was won in January of 2013.

The progressive jackpot on the game is usually well over €2 million and is linked between casinos which host this slot.

Magic Oak Slot

Habanero, one of the leading slots and table games providers, has announced the release of its first 4 reel, 4 row and 20 pay line slot game titled ‘Magic Oak’ that is playable on Desktop, Tablet as well as all Mobile Devices.

The new slot game takes players on an adventure through the forest where they join a cast of six animals under the Magic Oak.

Magic Oak’ features a large number of woodland-themed symbols on the reels which include a boar, a rabbit, an owl, a squirrel and a fox. The Owl is the Scatter symbol while the Raccoon is the Wild symbol. Wins in this slot game are paid when the same icon appears in blocks rather than in lines.

The Cluster Pays system takes matching symbols which appear next to each other in any direction to form combinations with them.

Players collect two types of wisps during the game which, once released, turn into Wilds which can replace a missing symbol from a winning combination or improve the pay line. The Wilds help to form clusters of symbols and act as replacements if they appear in the right position.

The Magic Oak Bonus features are activated by 6 Wisps appearing randomly. Blue Wisps turn all symbols of the same kind into Wilds, while Yellow Wisps only turn single icons into Wild.

The Free Spins feature is triggered by 4 Scatter symbols appearing on the reels of the game with each Scatter revealing 2, 3 or 4 free games.

Groove Gaming, an Israeli development studio, has announced that it has entered into a content deal with the largest and top online casino gaming software provider in the world, Microgaming in terms of which the latter’s games package will be added to its platform as part of its next generation growth strategy.

Microgaming provides players with one of the largest globally recognized online Progressive Jackpot Networks in the iGaming industry, a vast portfolio of Microgaming megahit slots and an abundance of licensed products that include Thunderstruck, Battlestar Galactica, Game of Thrones, Terminator 2, Hellboy, Lara Croft, Tomb Raider and Hitman, amongst others that amount to in excess of 850 games.

The deal will also see Microgaming’s Quickfire provide Groove Gaming with more than 500 tried and tested casino games as well as new slot games that are released each month, with the gaming package being available in 20 different languages.

Groove Gaming has a unique portfolio of proprietary and 3rd party HTML5 video slots and table games as well as more than 2500 casino games with the biggest Lotto, Bingo, Live games, Multiplayers, Scratch and Sportsbook.

Groove Gaming’s services include risk management, advanced marketing and management system, business intelligence, regulatory compliance, affiliate promotion and customer service as well as support in launching, maintaining and growing new online casinos.

James Buchanan, Director of Global Operations at Microgaming, commented that Groove Gaming have proved in a very short period of time that they are a force to be reckoned with in the iGaming industry.

Yahale Meltzer, COO at Groove Gaming said that the Microgaming games package will help them to bring additional diversity to their platform, attract new players and also increase their revenues through increased operator demand.

iSoftBet, a premium online and mobile casino games software provider, has released a playful new Mexican themed video slot game titled Pinata Fiesta that is playable from 20p to £20 per spin across desktop, mobile and tablet devices.

The 5 reel and 20 pay line Pinata Fiesta video slot is set against a colorful Mexican street with a traditional and cheerful soundtrack, giving it a real party feel.

Symbols on the reels include A, K, Q, J and 10 royals as well as Guitars, Flaming Jalapenos, Margaritas and Cactus Characters. The most lucrative symbol is the Flaming Jalapenos that awards players with 2, 7.5 or 25 their stake for 3, 4 or 5 on a pay line. The Wild symbol is the Golden Star Balloon with the sunglasses that substitutes for all symbols bar the Pinata Scatter.

The Free Spins feature with 10, 15 or 20 spins is triggered by 3, 4 or 5 of the Pinata Scatters respectively appearing. Three or more Pinatas will retrigger the feature during the Free Spins.

The Popping Wilds feature will add extra Wild symbols to the reels if any floating balloons that appear over the reels pop.

The Mega Spinata feature sees reels 1, 2 and 3 changing into 1 colossal reel showing the same symbol for increased winning potential.

The Fiesta Frenzy feature will transform any royal symbol into one of the higher paying symbols including the Wild for larger payouts.

The Grande Reefs feature is where a random number of reels become fully wild.