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Red Rake Gaming Delivers Casino Games Suite to Premier Gaming

Red Rake Gaming has added a new client to its ever-growing list of operator partners as the online casino content provider looks to gain access to a larger gambling audience and expand its presence across important markets through major partnerships.

In a press release that hit the wire earlier today, Red Rake Gaming announced that its entire games library is set to go live with Malta-based online casino operator Premier Gaming.

With offices in Spain and Malta, Red Rake Gaming specializes in the creation of innovative content for the increasingly competitive iGaming industry that serves a highly demanding customer base.

Premier Gaming is the latest of a flurry of partnerships unveiled by Red Rake Gaming in recent months. It should also be noted that the provider’s alignment with the online casino operator is in line with its strategy to grow its presence across major European markets.

News about the partnership between Red Rake Gaming and Premier Gaming emerged shortly after it was announced that the online casino operator has teamed up with another leading iGaming provider, Red Tiger.

As mentioned above, Premier Gaming is based and licensed in Malta. The company boasts significant presence in Sweden’s regulated online gambling market as well as in Finland and Germany.

Delivering the Best Experience for Players

As part of its partnership with Red Rake Gaming, Premier Gaming is set to gain access to the provider’s entire slots portfolio.

Premier Gaming players will thus be able to embark on an adventure into the palace of the wise and mighty King Solomon with Red Rake Gaming’s newest slot release, Solomon: The King. This exciting new title provides players with the chance to win 20,000x and to unlock exciting mini-games with losing spins.

Another thrilling game Premier Gaming players will be able to gain access to is Gustav Minebuster – Red Rake Gaming’s first cluster slot.

Commenting on their partnership with Premier Gaming, Nick Barr, Managing Director of Red Rake Gaming’s Malta operation, said that they are thrilled to team up with the operator as they share many core values, including their focus on regulated markets and their effort to deliver the best experience to players.

Mr. Barr went on that Red Rake Gaming has significant presence in Premier Gaming’s core markets and that they look forward to a long and fruitful collaboration.

Premier Gaming said that Red Rake Gaming is a welcome addition to their portfolio and that the provider’s games will certainly prove popular with their players.

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After panicked crowds swarm Denver liquor stores and dispensaries, mayor reverses order to close both

Denver Mayor Michael Hancock changed course drastically Monday evening after announcing earlier in the day that liquor stores and recreational marijuana dispensaries would close across the city in an attempt to slow the spread of coronavirus.

His office made a new announcement around 5 p.m. via Twitter, saying that liquor and marijuana stores “with extreme physical distancing in place” will be exempt from the mandated citywide closure of non-essential businesses starting at 5 p.m. Tuesday and continuing through April 10.

The definition of extreme is six feet, or the normal amount of social distancing that’s now recommended, the city clarified.

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KamaGames, Hard Rock Unveil Hard Rock Blackjack Social Casino App

Social casino games developer KamaGames has teamed up with gaming and hospitality operator Hard Rock International to jointly produce casual play versions of some of the world’s most popular casino activities.

The partnership between the two gaming companies has kicked off with the launch of the Hard Rock Blackjack app.

The mobile gaming product, as its name suggests, includes the game of blackjack, but is not limited to it. The app also contains 3D versions of other classic casino games such as roulette, baccarat, and craps. Hard Rock Blackjack is also set to include slots and video poker games that are, too, widely popular on gaming floors around the world.

News about the partnership between KamaGames and Hard Rock arrive just as the online casino-style gaming world experiences quite the surge due to the widespread closure of land-based gambling facilities in multiple jurisdictions, including Las Vegas where casinos went dark last week in response to the global coronavirus crisis and are set to remain closed for at least 30 days.

Speaking about the uptick in online social and real-money casino gaming, KamaGames CEO Andrey Kuznetsov said that they definitely witness “some increase in countries which have a quarantine.” Mr. Kuznetsov went on that the see growth in “almost all key performance indicators” in Spain and Italy, and the rest of Europe as most people are urged to stay home and work remotely to help curb the spread of the dangerous coronavirus.

App Offers Comprehensive Poker Offering, As Well

The new collaboration between KamaGames and Hard Rock also brings a fully comprehensive social poker product that is based around the game developer’s Pokerist Texas Poker model. Pokerist is one of the most popular social poker games in the world.

In addition to the Texas Hold’em Poker format, the new app also offers other poker-based games such as Set Poker and Split Bet Poker. Fans of competitive poker action can take part in the multiple tournaments hosted on the app, including Sit’n’Go, Shootout, multi-table tourneys and weekly tourneys.

Poker players are offered the chance to interact with fellow players via a range of chat options such as an in-game instant messenger and the ability to send gifts.

Commenting on their partnership with KamaGames, Kresimir Spajic, SVP of Online Gaming and Sports Betting at Hard Rock, said that they have “always found KamaGames as an interesting proposition a very promising company” and that they have first discussed a partnership “two or three years ago.”

Mr. Spajic went on that they are very selective when it comes to picking partners and that their decision to team up with KamaGames had much to do with the fact that the games developer has had “great success in a very competitive category by focusing on table games.”

Source: KamaGames partners with Hard Rock for social casino games

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Habanero Announces Italy Content Supply Deal with Betsson

Online casino games developer Habanero has forged another high profile supply deal with a leading iGaming operator as part of its European expansion campaign.

The major supplier announced earlier today that it has strengthened its Italian foothold through a partnership with StarCasinò, the Italy-facing brand of major online gambling group Betsson.

Under the terms of this latest deal, StarCasinò will be able to launch Habanero’s entire range of Italy-certified online casino games.

The collection includes 56 HTML5 slots and table games that have already proved quite popular with the Italian online gambling audience.

Habanero has already integrated its offering with its new partner, StarCasinò, via iSoftBet’s Game Aggregation Platform.

StarCasinò will provide its players with access to Habanero’s Italian-focused content in several phases.

Popular Habanero-developed titles such as Jump! and Egyptian Dreams have already gone live with the online casino.

The next batch of Habanero games made available to Italian gamblers will include the studio’s Wild Trucks, Hot Hotels Fruit, and recently released Loony Blox.

The collaboration between Habanero and StarCasinò comes as another milestone in the provider’s strategy to grow its regulated market presence and helps the online casino as it looks to grow its Italian footprint.

Growing European Footprint

Habanero’s deal with StarCasinò is the latest of a string of partnerships announced by the content provider in recent months.

By teaming up with major online gaming operators, the gaming specialist looks to build on a highly successful 2019 and venture even further in existing markets, while also introducing its titles in new markets.

Aside from Italy, Habanero has also been able to strengthen its foothold in the UK, Portugal, Croatia, and Lithuania through several supply deals inked recently.

The content provider looks to further grow its presence in Europe and Latin America this year through more partnerships with online gaming operators and by creating more engaging titles.

Commenting on teaming up with StarCasinò, Habanero European Head of Development Arcangelo Lonoce said that Betsson’s operation with its remarkable growth has been “one of Italy’s most impressive iGaming success stories” and that they are happy to partner with the brand as part of their European expansion drive.

Mr. Lonoce added that their HTML5-optimised portfolio will certainly be a hit with StarCasinò’s players as it rolls out in the coming months.

Marco Strazzulla, Southern Europe & LatAm Casino Manager at Betsson Group, said that Habanero’s product suite is fast becoming a must-have for online gaming operators and that its addition to StarCasinò cements their reputation for “providing players with a level of entertainment they won’t find elsewhere.”

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NetEnt to Fully Integrate with Recently Acquired Red Tiger

Swedish online casino content developer NetEnt today announced that it is set to implement a full integration with fellow provider of casino games Red Tiger, which it acquired last fall in a £200 million deal.

As a result from the pending changes, the enlarged group will cut its workforce by approximately 120 employees based in NetEnt’s Stockholm and Malta offices.

The Swedish iGaming provider said in a press release published this morning on its website that the acquisition of Red Tiger exceeded management’s expectations and offers significant potential for further synergies, increased efficiency, and economies of scale.

NetEnt said that it is currently implementing a restructuring to accelerate the full integration of Red Tiger with its new parent organization.

The changes are set to result in several functions being relocated and in 120 full-time jobs, mostly in Stockholm but also in Malta, being made redundant.

Red Tiger was the first provider to have been able to add its content to NetEnt’s NetEnt Connect content aggregation platform, which the company rolled out late last year. After its soft-launch, NetEnt Connect has gone live with a number of online gambling operators, including Bethard, Greece-facing brand Stoiximan, and Germany-facing brand Betano, among others, and has added content from a number of third-party providers.

Integration, Changes in Line with Growth Strategy

NetEnt said the integration with Red Tiger and the changes the move necessitates are completely in line with the Swedish gaming group’s strategy to constantly improve every aspect of the business and thus “strengthen competitiveness and increase value creation in the company.”

The pending restructuring is estimated to generate annual cost savings of SEK150 million on a cash-flow basis starting from the second half of the year. As a result, NetEnt is raising the anticipated annual cost synergies from the Red Tiger acquisition to approximately SEK250 million from the previously announced SEK150 million per year.

Commenting on the planned full integration with Red Tiger, NetEnt CEO Therese Hillman said that the move will “unleash the full potential of our shared capabilities, create significant efficiency gains in games development and strengthen our position as the market leader in online casino.”

In separate news, NetEnt said today that the earn-out cash consideration for Red Tiger is set to be redeemed through a directed issue of new shares and cash payment.

The Swedish iGaming content developer and supplier also updated the market on the impact it expects from the unfolding coronavirus crisis that has resulted in massive closures of land-based gambling facilities around the world and in a slump in sports betting activity due to the postponement/cancellation of a number of major sporting events.

However, the iGaming industry has seen a surge in online casino activity in recent weeks as people are urged to stay home to help curb the spread of the dangerous virus.

NetEnt said that its operations have not been affected negatively by the global coronavirus crisis and that quarterly revenues have so far been in line with expectations.

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Olympic and Paralympic games postponed until 2021

Japanese Prime Minister Shinzo Abe and Thomas Bach, President of the International Olympic Committee (IOC), have announced the Tokyo 2020 Olympic and Paralympic Games will be postponed until the summer of 2021, amid the global COVID-19 outbreak.

The event will still be called Tokyo 2020 despite taking place next year.

A statement on the International Olympic Committee website reads: “The unprecedented and unpredictable spread of the outbreak has seen the situation in the rest of the world deteriorating.

“Yesterday, the Director General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, said the COVID-19 pandemic is accelerating.

“There are more than 375,000 cases now recorded worldwide and in nearly every country, and their number is growing by the hour.

“In the present circumstances and based on the information provided by the WHO today, the IOC President and the Prime Minister of Japan have concluded that the Games of the XXXII Olympiad in Tokyo must be rescheduled to a date beyond 2020 but not later than summer 2021; to safeguard the health of the athletes, everybody involved in the Olympic Games and the international community.”

The move follows a series of similar major sporting event delays and cancellations around the world, including the postponement of the UEFA European Football Championship until 2021.

888 reports rise in online casino and poker, sports betting fall

888 Holdings has reported a rise in casino and poker activity due to the coronavirus outbreak, though it warned further delays to the sporting calendar will damage its sports betting vertical.

In its trading update, the operator stated the group has traded above expectations, with current year-to-date average daily revenue up 18% year-on-year, up to 18 March.

While customer activity has risen in casino and poker products, however, the operator warned the impact on group EBITDA for the financial year will be just less than $10m if global sporting events continue to be disrupted until September; sports betting accounted for 16% of overall revenue for 2019.

Performance so far in 2020 had been down to progress in the group’s casino and sport betting verticals, both recording a daily revenue increase of 24% from 2019.

Additionally, new customer acquisition across B2C business had shown a 20% increase.

888 published its trading update after announcing a delay to publishing full-year results for 2019, following a request from the Financial Conduct Authority (FCA) for all businesses to observe a minimum two-week postponement, due to the coronavirus.

The virus, which has caused more than 16,000 worldwide deaths, has seen the delay of major sporting events, such as the English Premier League and UEFA European Football Championships.

NetEnt to fully integrate Red Tiger after acquisition exceeds expectations

NetEnt has announced it is fully integrating the Red Tiger brand into its business, to increase efficiency and strengthen development.

The supplier acquired slots developer Red Tiger in September 2019 in an all-cash deal with an initial value of £197m ($226.9m).

With NetEnt stating the acquisition has exceeded expectations, a restructuring will speed up full integration and increase efficiency, saving a significant amount, but will mean 120 full-time roles will be cut from offices in Stockholm and Malta.

NetEnt estimates restructuring will result in annual savings of around SEK 150m ($13.6m) on a cash flow basis, which will begin in the second part of 2020.

Potential synergies from the acquisition should also rise to around SEK 250m annually, up from SEK 150m.

Cost of the full implementation will amount to approximately SEK 25m; this will have an impact on operating profit for Q1 2020.

Group CEO of NetEnt Therese Hillman said: “We are now entering the next phase of the integration with Red Tiger, whose sellers are also becoming shareholders of NetEnt.

“The integration will unleash the full potential of our shared capabilities, crease significant efficiency gains in games development and strengthen our position as the market leader in online casino.”