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Finnplay and GoWild Enter into Content Agreement
Finland-based open gaming platform provider Finnplay, has announced that it has entered into an agreement with Malta-licensed GoWild Gaming in terms of which it will allow the company the platform rights for development and operations to their iGaming platform.
Finnplay has already partnered with developers that include NYX Gaming, Play’n GO, Quickfire and Ezugi and the company has a number of white label casinos in operation.
Martin Prantner, Chief Executive Officer of Finnplay, commented on the agreement between the parties by saying that they are delighted to partner with one of Europe’s fastest growing casino companies and specialists that has been operating since 2009. He added that their platform will allow GoWild Gaming to continue to accelerate its multi-product and multi-brand strategy with access to games content from over 15 providers such as Evolution Gaming, NetEnt, Microgaming, Novomatic, Scientific Games and Quickfire titles.
Itai Zak, Chief Executive Officer at GoWild Gaming, also commented by saying that today’s online gaming customer expects instant access to the very best gaming content on one platform without any hassle. He also said that Finnplay’s solution improves the customer experience and, in the end, customer satisfaction by providing casino games for both web and mobile.
Zak went on to say that from the operators’ side, their business is now in their full control as Finnplay’s technology stack gives them the opportunity to own the platform rights and further enhance the platform.
Finnplay was founded in 2008 and specializes in tailored gaming solutions for the online and mobile gaming industry.
GoWild Gaming focuses on delivering a unique gaming experience with a wide choice of promotions and game variety.
32Red Breaks Net Revenue Record in 2016
Gibraltar licensed 32Red PLC, powered by software from Microgaming, reported growth in net gaming revenue in 2016, saying that it will report full-year results in line with expectations.
The popular remote gaming operator said that it had achieved record net gaming revenue of £62.3 million last year, which is an increase of more than a quarter of the amount of £48.7 million that it made in 2015.
The online gaming operator also saw a 28 percent year-on-year rise during the 12 month period, while net gaming revenue from other products grew by 60 percent. The operator also revealed that trading so far this year is 21 percent up on last January.
It was also reported that casino NGR was up 16 percent year-on-year to an amount of £45.6 million, with NGR from other products up 60 per cent to an amount of £3.8 million.
According to 32Red, the “strong performance” was due to a combination of healthy organic growth in the core 32Red business, which was up 19 percent on 2015, as well as a full-year contribution from the Roxy Palace business which it acquired in July of 2015.
Chief Executive of 32Red, Ed Ware, commented on the results by saying that 32Red experienced another hugely successful year with profits and revenues breaking previous records, driven by excellent growth in their core casino products.
Ware went on to say that the key strategically important contracts signed during the second half of last year will help the company to deliver its stated growth strategy and the board remains confident of delivering continued progress in 2017.
Two Lucky Jackpot Winners at Bovada Online Casino
Bovada Online Casino is thrilled to announce that two lucky jackpot winners at the site recently won almost a million dollars between them wagering on two popular video slot games.
Paul D who hails from Boston managed to win an amount of $808,529.80 after wagering $11.25 on Real Time Gaming’s Food Fight slot game and landing five pudding symbols on an active pay line that saw him hit the massive progressive jackpot.
Symbols on the reels of Food Fight include tomatoes, cream pies, ice cream and burgers which are all typical items used in food fights.
The Food Fight slot game offers two fantastic bonus games. Landing an ice cream, cone and chocolate sauce symbols combine to make a complete ice cream and awards a bonus payout.
A bonus game on the second screen is triggered when completing a cherry pie. Players choose a person they want to chuck a pie at and if they hit, they win a bonus amount, but if they miss, they return empty-handed.
The second lucky winner at Bovada Casino was Rock H from Parker who managed to win an amount of $127,331.38 wagering on the sexy slot machine A Night with Cleo. Rock H managed to hit the random progressive jackpot on the slot game after spinning the reels with a $20 bet.
The Queen is featured in many seductive ways in the slot game and as a symbol on the reel Cleopatra awards a fixed jackpot payout of 10,000 coins when five of her appears on a pay line.
Paysafe sets a new $1bn revenue target for 2016-17
The increasing demand of virtual online wallets has recently been so pressing that online gamblers find them more straightforward than traditional banking system to initiate money transaction for online gambling. If we look at current gambling environment, we have some of the biggies of the industry like Neteller, Skrill, and Paysafecard who are growing with each passing day and looking at growing demand of their services in sports betting especially fantasy sports, Paysafe Group, the parent group of all three entities, expects a $1 billion (€939 million) in revenue during the 2016-17 financial year. Earlier, the set target was somewhere around $868 million for the 12 months period to December 31, 2016, but a “strong business performance” during the year especially after legalization of fantasy sports betting in most of the regions, they had to increase the target twice. The most recent revenue forecast has raised expectations in between $970 million and $990 million for the 2016 financial year.
The company has also set the target for how much they should earn before interest, tax, depreciation and amortization which should now be $300 million for the first time, which is considerably more than the initial forecast of $252 million made at the start of 2016. Talking about the new set goals and what made them believe they can achieve the new targets, Joel Leonoff, chief executive of Paysafe, said, “We have delivered another excellent financial performance and expect to surpass $1 billion in revenue, an impressive milestone of which we are extremely proud.
“We have longstanding expertise in the payments industry, and we have made targeted investments in both our technology and our risk and compliance processes through the year. We are well prepared for the additional levels of customer due diligence expected as part of forthcoming regulatory requirements, including anti-money laundering legislation in Europe; operating amid regulatory change is simply business as usual for Paysafe.
“We continue to execute on our vision to offer feature-rich and relevant payment solutions that address the specific needs of the businesses and industry verticals we operate in and the consumers we serve. We have big ambitions this year as we focus on building a payments business with unrivalled capabilities, reach and relevance to enable us to capitalise on the opportunities ahead.”
iSoftBet Launches Robo Smash Christmas Edition
Leading online gambling slots developer iSoftBet is pleased to announce the launch of a new online video slot game titled Robo Smash Christmas Edition.
Robo Smash Christmas Edition is a 5 reel and 15 pay line video slot that comes with a festive makeover until Thursday, 5th January 2017 and is playable between 15p and £150 per spin on all devices.
The new video slot features Expanding Wilds that trigger the Free Spins feature when appearing on reels 1 and 5. Players will get 5 Free Spins in the Free Spins feature with a 2x Multiplier on Free Spins 2 and 4 and a 3x Multiplier on Free Spin 3.
The Robo Smash Christmas Edition is full of unusual seasonal cheer. The setting for the Robo Smash Christmas Edition is a snow capped junkyard where two tribes of robots get into a seasonal scrap.
Symbols on the reels of the online video slot have all been given a festive flourish with an assortment of Robots wearing woolly hats, antlers, reindeer, elf outfits, fairly lights and gift boxes joining the standard lower value playing cards.
The Wild symbol is the Robot with the helicopter rotor and the candy W and when these appear, they can explode into life and expand to turn the entire reel wild. The Free Spins feature with 5 free spins is triggered by landing the Robot Wild on the middle position on reels 1 and 5 on the same spin.
The video slot has a low to medium range variance performance and players can expect plenty smaller payouts and lots of play for their money.