Tag Archive : Gaming

ORYX Gaming Offers Retention Boost with New Slot Tourneys Tool

Major online gaming provider ORYX Gaming this week debuted its new Realtime Tournaments and Leaderboards tool that aims to further enhance player engagement and retention through different exclusive competitions.

The company’s new product offers online gambling operators the opportunity to run slot tournaments across multiple gaming providers.

The tool also provides real-time data feed which allows tournament participants to track and compare their progress and results with others.

ORYX Gaming’s recently unveiled new tool boasts Plug’n’Play nature, which means that no additional integration is needed and that the product becomes instantly available to all existing partners of the provider and across all games available on its content aggregator ORYX Hub. The platform currently features more than 8,000 gaming titles from some of the industry’s biggest content developers and suppliers.

Part of the Bragg Gaming Group, ORYX Gaming is a rapidly growing provider of B2B solutions for the online gambling industry. Its offering includes an omni-channel retail, online, and mobile iGaming platform, marketing and operational services, as well as the above mentioned ORYX Hub aggregator.

In addition to a wide variety of content, ORYX Hub also offers product integration and marketing tools for the online casino, sports betting, and lottery verticals. The aggregation platform provides rapid and seamless integration and is fully compliant with a number of major regulated jurisdictions.

Unique in Many Ways

ORYX Gaming’s new Realtime Tournaments and Leaderboards product enables gambling operators to set all tournament parameters, including game type, number of players that can participate, currency, and language. Once all these are set up, the tournament gets up and running within a few minutes.

ORYX Gaming says that Realtime Tournaments and Leaderboards’ capabilities allow for an active and dynamic use of the product as “a powerful marketing tool” that helps operators keep players entertained, excited, and engaged while playing the slots games they like and love the most.

Commenting on their new product, ORYX Gaming Managing Director Matevz Mazij said that the new tool “is unique in many ways” as it offers a real-time data feed and easy set-up and does not need to be integrated separately.

Mr. Mazij went on that Realtime Tournaments and Leaderboards provides operators with the opprotunity to “create exclusive competitive environments” that enable players not only to win in the game they enjoy but also to do that against others.

According to the ORYX Gaming executive, this adds “another layer of excitement and offers a great incentive for players to battle to win or return to a game where a tournament is running.”

Mr. Mazij also revealed that their new tool has been launched with several online gambling operators and has already seen “amazing results” with doubled player session times and significant increases in bet sizes.

Realtime Tournaments and Leaderboards is set to go live with several big industry names in the coming weeks, it also became known.

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories

Relax Gaming Pens Infinity Reels Lisense Deal with ReelPlay

Online casino content supplier and aggregator Relax Gaming today announced that it has penned an intellectual property deal with ReelPlay for the application and licensing of the Australian iGaming studio’s Infinity Reels trade dress and mechanic.

ReelPlay first introduced its Infinity Reels innovation in the fall of 2019 when the El Dorado Infinity Reels slot hit the market.

The new slots mechanic allows for each spin within a game to offer the chance to add an additional reel and re-spin with a progressive multiplier. The process of adding reels repeats, creating maximized win potential.

ReelPlay released its second Infinity Reels game – Giza Infinity Reels – just days ago and is gearing up preparations for the June 2020 launch of Odin Infinity Reels.

As part of their recent partnership, Relax Gaming has secured the rights to trademark and license the Infinity Reels mechanic on behalf of its wide network of partners. The deal allows the supplier’s in-house game development studios (part of its Silver Bullet program) as well as third-party provider partners (part of Relax Gaming’s Powered By program) to incorporate Infinity Reels into their future games.

Extending Existing Relationship

The recent intellectual property deal comes as an extension of a previously formed partnership between Relax Gaming and ReelPlay.

The two B2B gambling companies first joined forces in 2019 when the Sydney-based developer of online casino content integrated its proprietary titles onto Relax Gaming’s platform.

Earlier this year, the two companies extended their distribution agreement to cover third-party content from ReelPlay’s selected studio partners, including Gameslab and Boomerang Games.

It should also be noted that ReelPlay’s latest slot title, Giza Infinity Reels, was first launched exclusively on Relax Gaming’s aggregator earlier this month ahead of its industrywide release.

Management’s Comments

Commenting on their extended partnership with ReelPlay, Relax Gaming Chief Product Officer Simon Hammon said that the rollout of the Australian studio’s El Dorado Infinity Reels game “marked the introduction of a truly unique and original mechanic that we believe will be a big disruptor in the industry.”

Mr. Hammon went on to say that the recently penned intellectual property deal reflects their commitment to “enhancing value and passion for innovation and that they are looking forward to delivering even more Infinity Reels titles through both their in-house and partner studios “that will push the boundaries even further.”

ReelPlay Chief Commercial Officer David Johnson commended that they expect this latest deal to “unlock a world of new potential for all involved” and that they are excited to see how Relax Gaming and its partner studios will “incorporate the Infinity Reels IP into a wide variety of slot games.”

News about ReelPlay’s deal with Relax Gaming emerge just days after the Australian studio announced that it has sealed an intellectual property partnership with Swedish iGaming provider NetEnt that would help the two companies strengthen their rights associated with their respective Infinity Reels and InfiniReels franchises.

Source: Relax Gaming lands branding deal for ReelPlay’s Infinity Reels™

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories

Retailers have learned online gaming is not the “enemy”

One of the biggest lessons for retailers during the coronavirus outbreak is that online gaming isn’t the “enemy,” according to the CEO of Italian firm Snaitech.

Fabio Schiavolin said there were many things for retailers to take out of the period, which has seen shops closed and live sport suspended, including the importance of converting from retail to digital.

Speaking on the ‘An opportunity to revisit the omni-channel approach’ panel on day one of SBC’s Digital Summit, Schiavolin said: “If there is a new spike of the virus, the lesson our retailers have taken is digital isn’t an enemy for them, it can be an opportunity for alternative revenue for the shops.

“They need to be prepared to develop better in the online vertical because if they are not exploiting this, someone else will take advantage of their customers in the online platform.

“When we reopen, there will be a better possibility for us to implement all the tools needed to convert from retail to digital and also be better prepared for an evolution in this market.”

Schiavolin added the online market is a way to evolve and find opportunities, including investing in markets which used to be considered minor, such as lesser-known sports leagues.

He said: “I think this market is resilient; with a lack of full market offering, I wasn’t expecting an average gross gaming revenue (GGR) of €16m ($17.4m) to continue, with just Russian table tennis and Nicaraguan football; but we are very close to the average GGR we were doing in the first two months of the year.”

In the same panel, the CEO of Superbet, Johnny Hartnett, mentioned diversity is key in times such as these; being able to offer products across multiple verticals and platforms, or being available in several markets.

Harnett explained: “Having a diverse business will put you in a better position when unexpected shocks come, which also includes having a reasonable split across sports betting and gaming.

“The online gaming business we own has had a pretty good period over the past couple of weeks as people have migrated from sports betting and from retail to online.”

Evolution Gaming posts 45% Q1 revenue rise, crediting sporting suspension

Evolution Gaming has seen revenue rise 45% year-on-year for Q1, which the supplier credits to the absence of sports betting that has caused an increased demand for its products.

Operating revenue was up to €115.1m ($124.2m) for the three months to 31 March, while profit after tax increased 90% on 2019, to €54.2m. EBITDA also showed a big increase, rising 79% to €64.1m.

The demand for live casino grew in Q1, due to new customers, with the number of stakes placed from players amounting to €8.7bn.

The supplier admitted the suspension of live sports betting during the end of the quarter allowed for product growth, with an increased and strong demand for its services.

Evolution Gaming expects this to continue into Q2 with many new players being introduced to its live casino and poker games, in the absence of live sports.

CEO Martin Carlesund, said: “With a good financial start to the year, great confidence ahead of the upcoming product launches and a good momentum at the start of the second quarter, I am more certain of our objective for 2020 to improve the margin level compared to 2019.

“All in all, this means we have had a very good start to the year so far, but there will be also continuous challenges as we have not seen the end of the development of COVID-19 yet.”

Gaming Leisure and Properties Acquires Tropicana Las Vegas

Real estate investment trust Gaming and Leisure Properties, Inc. (GLPI) last week completed the acquisition of Tropicana Las Vegas Casino Hotel Resort from Penn National Gaming.

News about the transaction first emerged in March following months of speculations that a sale of the Las Vegas Strip resort might be under way.

GLPI acquired the real estate assets associated with Tropicana from Penn National in exchange for rent credits totaling $307.5 million. The rent credits are set to be applied to rent due under the two companies’ existing leases for May, June, July, August, October, and part of November.

GLPI was spun off from the Pennsylvania-based regional casino operator in 2013 as a real estate investment trust.

Under the terms of the recently closed transaction, GLPI will conduct a sale process for Tropicana, including the property’s casino and hotel business.

If GLPI finds a buyer and enters into a definitive agreement for the resort’s sale during the first year of the sale process, Penn National will receive 75% of the net proceeds above $307.5 million plus certain taxes, expenses, and costs.

If GLPI enters into a definitive agreement during the second year of the sale process, Penn National will receive 50% of the net proceeds above $307.5 million plus certain taxes, expenses, and costs.

Penn National would not be entitled to any net proceeds, if a sale of the property occurs after the initial two years.

Penn National Will Retain Control Over Day-to-day Operations

Penn National will remain in charge of Tropicana’s day-to-day operations, under the casino operator’s agreement with GLPI.

Simultaneous with the closure of the property’s acquisition, GLPI entered into a lease agreement with Penn National for the Strip resort for nominal annual rent. The casino operator will continue to manage the property for an initial period of two years with the option for up to three one-year extensions, or until Tropicana is sold.

The lease agreement constitutes a triple net lease that relieves GLPI from carrying any other costs at the Las Vegas casino complex during the lease term.

Penn National acquired Tropicana in 2015 in a $360 million deal. During the casino operator’s third-quarter earnings call last fall, the company’s President and CEO Jay Snowden said that they had received several unsolicited bids for the Strip resort and that they were evaluating those.

Mr. Snowden also noted the property’s sale was not imminent at the time but they were encouraged by some of the conversations that had taken place and some of the bids they had received.

After news that GLPI would acquire Tropicana emerged last month, Mr. Snowden said that the transaction would help Penn National relieve liquidity pressure in terms of rent obligations” and reduce ongoing operating expenses.

With more than 40 casinos and racetracks around the US, Penn National is one of the largest regional operators in the country. The company also runs digital gambling operations, including the HollywoodCasino.com brand.

Source: Gaming & Leisure Properties Completes Acquisition of Tropicana Las Vegas and Provides Update on April Rent Collections

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories

Vinetree Corporation Launches a blockchain Gaming Platform

Vinetree Corporation, the company behind South Korean social gaming app GameTalkTalk launches a blockchain-based platform, Ludena Protocol.

Vinetree Corporation, the parent company of South Korean social gaming app GameTalkTalk has recently announced a blockchain-based platform, named Ludena Protocol. The platform will be house to a reward-based social media DApp, a matchmaking peer-to-peer gaming platform, and a digital item exchange.

Vinetree Corporation confirmed that the platform will be fully operational in the second quarter of 2020, and users will then be able to access the app’s internal digital assets (stars), with which they will be able to complete in-game missions and download new games as well. 

How will this work? 

Once available, users will be able to use Stars to buy gift cards, in-game items, and tangible products. They will also be allowed to convert Stars into the platform’s native token LDN. Game publishers will use LDN as a marketing tool to access the community. 

Moreover, the app is also equipped with a behavior tracking mechanism, using which it will identify parameters like mobile gaming experience, money spent in downloaded games and the frequency of gameplay. With this data in hand, Ludena Network will then match relevant players with gaming companies. 

Ludena Protocol CEO Joshua Kim stated, “A single definition for Ludena Protocol is: The platform that gives significance and incentives to worldwide gamers.”

Growth of Blockchain Games

As the world is under a complete lockdown amid the coronavirus pandemic, the popularity of blockchain games has increased tremendously. More gamers are now exploring this space.

The positive public response to the potential of public gaming has also prompted game developers and publishers to develop and roll out blockchain games to the masses. Recently, Infinite Fleet, a space adventure game partnered with blockchain marketplace STOKR to launch a security token offering and raise funds for further development. Popular gaming platform The Sandbox also collaborated with Iconic entertainment firm Atari, and will soon release new features in its games backed by blockchain technology. 

Red Rake Gaming Casino Titles to Go Live with CasinoSecret

Red Rake Gaming has announced the latest of a flurry of casino content supply deals that would enable the Spain- and Malta-based provider to further bolster its growth.

The popular online casino content supplier today announced that it has partnered with Malta-licensed online casino brand CasinoSecret.

Under the terms of the recently penned deal between Red Rake Gaming and the casino operator, CasinoSecret will gain access to the provider’s entire library of casino games to enhance its offering. Red Rake Gaming will also deliver to its new operator partner a set of unique marketing tools and features that cannot be found anywhere else within the industry.

CasinoSecret is based in Malta. It obtained an iGaming license from the Malta Gaming Authority in 2018. The online casino boasts an innovative cashback model that aims to really improve player experience.

News about Red Rake Gaming’s partnership with CasinoSecret emerge shortly after the provider announced that it has successfully delivered its entire game suite to popular online gambling operator Royal Panda.

Back to the recently agreed collaboration between Red Rake Gaming and CasinoSecret, it will see the online casino gain access to some of the supplier’s hit titles, including the action-packed Super12Stars that boasts a plethora of special features and bonus rounds, the cluster slot Gustav Minebuster, and the recently released Secrets of the Temple online slot that offers 243 different win ways and a multitude of features and bonus rounds.

CasinoSecret will also be able to add any future Red Rake Gaming releases to its catalog of offering as part of its partnership with the renowned content provider.

Growing from Strength to Strength

Commenting on their partnership with CasinoSecret, Nick Barr, Managing Director of Red Rake Gaming Malta, said that they are very excited to be working with the online casino operator and that CasinoSecret has grown from strength to strength since [its] inception” and delivers “the most unique and player-focused promotions seen in the market.”

CasinoSecret offers a wide range of live tournaments that feature different winning mechanics and welcome players into a user-friendly environment.

Of the deal, Antonio La Vigna, Casino Manager at CasinoSecret, said that it was an easy decision for them to partner with Red Rake Gaming and that the provider’s content is the perfect addition ot their ever-expanding library.

Mr. La Vigna went on that Red Rake Gaming’s game themes “range so widely there’s a perfect title in the library for all tastes” and that “experienced and novice players alike will enjoy the guaranteed thrills from playing a great range of slots from this exciting brand.”

Last week, Red Rake Gaming secured a deal that would see it integrate its games range with MrSlotty’s GameHub content aggregator. The move would further help Red Rake Gaming expand its presence and network of operator partners.

Source: CasinoSecret partners with Red Rake Gaming

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories

Mr Gold to Add Relax Gaming Content to Bolster Growth

Online casino content aggregator and supplier Relax Gaming has agreed to deliver gaming titles to Mr Gold Casino, a newly launched iGaming operation that aims to bring unique experience to the online casino sector.

Under the terms of the recently penned content supply deal between Relax Gaming and Mr Gold, the casino will integrate with the provider’s games aggregation platform to diversify its offering with new games produced in-house by Relax Gaming as well as from third-party providers.

Mr Gold will thus gain access to hit Relax Gaming titles such as Temple Tumble, Snake Arena, and Money Train as well as to content from the company’s third-party provider partners, including Big Time Gaming, STHLMGAMING, and Kalamba Games, among others.

Mr Gold is a new name in the ever-growing online casino-style gaming space. The brand was launched in 2019 and has placed the provision of “the fastest and most flexible gaming experience in the industry” at the heart of its growth strategy.

Mr Gold is owned and operated by iGaming operator Miura Technologies. The company is incorporated in Curacao and is licensed and regulated by the Curacao Gaming Authorities. Its Mr Green operation has enjoyed a rapid growth in the months after its debut to the online gambling space.

”A fantastic brand to work with”

With its partnership with Mr Gold, Relax Gaming the addition of a new fast-growing brand to its network of clients.

Of their latest content supply deal, Relax Gaming CCO Daniel Eskola said that “Mr Gold’s technology-driven approach to online gaming and its commitment to continually advancing the customer experience make it a fantastic brand to work with.”

Mr. Eskola went on to say that they are looking forward to supplying the online casino with some of the industry’s best iGaming content “as it continues to build momentum and attract new customers.”

Mr Gold CEO Thomas Edlund commented that the integration with Relax Gaming provides them with access to “a vast and diverse portfolio that will serve as a major advantage for us as we seek to boost our customer base and launch in new markets.”

Mr. Edlund went on to say that Relax Gaming’s “reliability and dedication to quality really shine through” and that they “have already been impressed with the flexibility and speed of its platform.”

Relax Gaming’s content aggregation platform provides its clients with access to more than 1,000 online casino games, including content from its in-house studio and titles from third-party providers through its Silver Bullet and Powered By programs.

Last week, Relax Gaming announced that a new supplier has joined its Powered By program. The company has teamed up with DreamTech Gaming to integrate exciting new content from the developer.

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories

Relax Gaming Announces Powered By Deal with DreamTech Gaming

Online casino content supplier and aggregator Relax Gaming today announced that a new iGaming studio has joined its Powered By program for commercially independent partners.

Relax Gaming has teamed up with DreamTech Gaming to integrate exciting new content from the developer.

The recently penned deal will provide DreamTech Gaming with access to its partner’s vast and ever-growing distribution network which includes a number of online gaming operators. In addition, DreamTech Gaming will help Relax Gaming add an even wider choice of casino games to its platform.

DreamTeam Gaming was founded in 2017 and has since day one been working diligently to continuously expand its presence in major European markets. The company boasts a strong portfolio of high-quality and extremely versatile online casino content which focuses on unique game mechanics and themes.

Through its Powered By program, Relax Gaming will be able to add hit DreamTech Gaming-developed slot titles such as Legendary Tales and Blood Wolf.

This latest collaboration marks a period of significant growth for Relax Gaming and its Powered By program. The content provider has announced a number of commercial agreements in recent months in a bid to help hand-picked casino suppliers leverage Relax Gaming’s scalable technology and integration platform.

Providing Partners with Content that Excels in Quality and Originality

Commenting on their latest important partnership, Relax Gaming CPO Simon Hammon said that they are resolute in their mission to provide their operator partners with “casino entertainment that excels in quality and originality” and that their collaboration with DreamTech Gaming adds a wide selection of innovative content” to their platform.

Relax Gaming will thus be able to further diversify its offering, Mr. Hammon went on to say, and is looking forward to working closely with DreamTech Gaming and helping the supplier grow its business in major European markets and beyond.

DreamTech Gaming CEO Thomas Lu added that Relax Gaming is “a rapidly growing powerhouse of content distribution” and they are thrilled to establish this new partnership.

Mr. Lu also pointed out that player experience is at the core of their values and that they have a “strong focus on unique, innovative game design and compelling gameplay.”

The DreamTech Gaming CEO further noted that their new partner’s “considerable market reach is the perfect complement to our brand, with the capacity to distribute our products to new markets and audiences” and that they are looking forward to building on a “prosperous future” together with Relax Gaming and deliver the many exciting projects they have in the pipeline.

Relax Gaming currently provides its clients with a portfolio of more than 1,000 casino games, including quality aggregated content from its Silver Bullet and Powered By partners as well as from its in-house studios.

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories

Atlantic City’s gaming revenue plummets due to pandemic

According to figures released on Wednesday by New Jersey’s Division of Gaming Enforcement, Atlantic City casino gaming March revenue was down to $163 million, a 44% decline compared to last year. 

James Plousis, chairman of the Casino Control Commission said the numbers are a surprise to no one as the direct outcome of casino shutdowns. “I know that, at this time, the paramount concern for all of the casino licensees in Atlantic City is the safety of their employees and customers,” he says. “I share their concern.” Sports gambling revenue was also hugely impacted as the Coronavirus outbreak cancelled professional and amateur leagues, leading to a revenue of only $6.4 million, a 44% decrease compared to March of 2019. 

Meanwhile, due to casino closures, New Jersey’s gamblers have clearly turned to online gaming as numbers demonstrated a $65 million win for Atlantic City’s casinos online, a 65% increase from March 2019. “Online casinos can’t sustain the industry forever, but those with the healthiest online products should be in the best position to emerge from these incredible circumstances, and the tax revenue from online casinos is welcome when so much pressure has been put on the state budget,” said Eric Ramsey, an online gaming analyst for PlayNJ.com.