Latest Gaming News
IGT PlayDigital content library will more than double to approximately 225 proprietary games
Will Provide IGT PlayDigital with advanced third-party game aggregation platform
LONDON, April 11, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") today announced that it has entered into a definitive agreement to acquire iSoftBet, a leading igaming content provider and third-party game aggregator, for approximately €160 million in cash.
The acquisition will more than double the IGT PlayDigital content library to approximately 225 proprietary games, in addition to providing a world-class, proprietary game aggregation platform to distribute third-party games, and leading data-driven promotional and user-engagement tools.
"The acquisition of iSoftBet will provide market-tested proprietary digital content, advanced game aggregation capabilities, scalable promotional tools, analytics and strong creative talent to IGT's PlayDigital operations," said Vince Sadusky, IGT CEO. "This will enhance PlayDigital's competitive capabilities with a proven, complementary content portfolio across Europe and North America as we provide best-in-class games and technology to our fast-growing igaming customers."
The acquisition is expected to be completed during the second quarter of 2022, subject to the satisfaction of customary closing conditions.
Oakvale Capital LLP is acting as lead financial advisor to IGT. Wachtell, Lipton, Rosen & Katz is acting as legal advisor to IGT and KPMG LLP is acting as tax and financial due diligence advisor to IGT.
M. Firon & Co. and Wiggin LLP acting as legal advisor to iSoftBet. BDO Israel is acting as independent registered public accounting and tax firm of iSoftBet.
"We're excited to bring Ainsworth’s library of online slot games to Pennsylvania via the GAN SuperRGS," said Ainsworth Interactive’s General Manager Jason Lim. "Ainsworth is committed to enhancing the online player experience for Cordish Live with our latest games and new innovative content.”
Managing Director of GAN Giuseppe Gardali added: 'We are thrilled to rollout Ainsworth content in another state via the GAN SuperRGS. We aim to bring the best, most engaging game experiences to operators and their players and the Ainsworth portfolio certainly ticks all these boxes. We look forward to rolling out more titles to the Pennsylvanian market in due course.”
The alliance is to cover all SIQ’s gaming technology-related business activities in Slovenia, Italy, Spain, and South Africa, which allows SIQ to retain its total workforce and clients. GLI as a partner brings a great depth of knowledge across the globe, increased bandwidth, and gives SIQ’s clients further global reach. SIQ has cooperated with organizations in their endeavours to enter markets, increase productivity, improve quality, and reach excellence for nearly 60 years, and will continue to do so in the future.
For our clients, we see the new circumstances as “business as usual”, but with the added benefit of reaching over 480 jurisdictions globally, connecting with experts around the world, and leveraging each other’s testing results, thus reducing costs. Our customers will also have long-term support not only from the Slovenian team but also from 1200 colleagues globally. As with all important business decisions, we will work closely with our clients, partners, and employees to make the integration process productive and as smooth as possible.
Thanks to this agreement, Wheel of Legends, an unprecedented multi-game with a totally different game dynamic from what has been experienced until now, arrives at Golden Park gaming halls. In the magnificent Altius Glare cabinet, the visual perspective of the gaming hall changes completely. Now the Golden Park salons also expand their entertainment offer with Far West, the new multi-game from Zitro, presented on the Fusion Glare cabinet, with exciting rounds of free games that will multiply your winnings.
“The Golden Park gaming halls are equipped with the latest novelties in the market and with state-of-the-art cabinets, so it was clear to us that we had to include the new GLARE cabinet line in our entertainment offer. In addition, with the new titles, with such diverse game mechanics, we respond to the demands of different types of players,” Golden Park’s managers affirm.
For his part, Miguel Domenech, Team Leader of Zitro’s Sales Area, added “We thank MGA for betting on our games that we now make available to them. We are sure that what we have installed in their gaming halls will delight all their customers. We are confident that in the next few weeks we will be able to expand the list of Golden Park salons with our extraordinary new products”.
During the NIGA show, the company will present an attractive combination of games and cabinets that will appeal to players and operators in tribal markets. The new GLARE line of cabinets includes: Altius Glare, Illusion Glare, Allure Glare and Fusion Glare; four unique form factors with their own exclusive game titles and exciting themed features. Altius Glare; the most innovative GLARE cabinet with a visual quality never seen before, will feature Wheel of Legends – a four level – Multigame Progressive Link. Also on display will be the company’s world-renowned and iconic slot games: Link King and Link Me, displayed on the Fusion Glare cabinet and the award-winning 88 Link, along with Far West and Mei Shi Mei Ke displayed on the Allure Glare cabinet. The Illusion Glare cabinet will showcase the popular Bashiba Link and Double Link. These world-class video slots come packed with unique game features and bonuses, designed to enhance player engagement and casino operation efficiency.
“Zitro is thrilled to be attending this year’s NIGA show at a time of tremendous growth in the US gaming industry”, added Derik Mooberry. “This will be the perfect occasion to reunite with everyone at NIGA, and to strengthen relationships with key partners as we continue to grow in the tribal gaming market. We are confident our spectacular new Class III products will satisfy the many preferences of players and operators in tribal casinos”.
NEWS RELEASE - April 5, 2022
New product demo now available from Ainsworth
Lucky Stars Link
Lucky Stars Link marks Ainsworth’s first linked progressive offering on the A-STAR curve cabinet. The games target players with “perceived persistence” and a symbol collection feature. The key attraction element is a fire that burns hotter with each star collected. A single star can trigger the feature, or a player can automatically enter the feature with three scattered stars.
View the video at:
The Cavalcade of Innovation is sponsored by Ainsworth.
Companies also showcasing products on the Cavalcade include AGS, Aristocrat, Aruze, Eclipse Gaming, GAN, GameCo, IGT, Incredible Technologies, Konami and others.
The Cavalcade of Innovation is a year-round series that features select innovative new products with quick video demos, all in one spot. All videos can be found at https://www.fantiniresearch.com/conventions/cavalcade-of-innovation.html.
Companies interested in displaying new products in the Cavalcade of Innovation
should contact VP of Fantini’s Gaming Show Dee Wild-Shyver at DWild@FantiniResearch.com or at +1 302 730 3793.
In addition to the Cavalcade of Innovation, Fantini’s Gaming Show site exhibits companies and products along with announcements of other corporate developments and news with 24/7/365 availability, at https://www.FantinisGamingShow.com. To become an exhibitor contact Dee Wild-Shyver using the above contact information.
LAS VEGAS, April 6, 2022 /PRNewswire/ -- Acres Manufacturing Company ("Acres"), a leading casino loyalty and technology developer, today announced the launch of Precision Bonusing™, a bonusing platform compatible with any slot machine connected to the Acres Foundation™ ("Foundation") casino management system. Foundation's market-leading technology uniquely allows casino operators to make any slot machine immediately cashless and bonusing compatible.
Precision Bonusing is a suite of bonus applications that utilize the Foundation™ system to connect to any slot machine. Each bonus application is highly configurable, allowing casino operators to adjust the bonus pay table, trigger events and even the theme and appearance of the player-facing bonus sequence.
"Precision Bonusing allows casinos to easily integrate their own branded content into exciting bonuses on the casino floor," said Noah Acres of Acres Manufacturing. "Our new bonusing application transcends outdated bonusing experiences by providing a fully customizable menu of rules and trigger events. Importantly, while legacy bonusing products deploy the same themes across multiple casinos, Precision Bonusing empowers casinos to differentiate themselves by integrating their unique brand identity into on-the-floor casino bonusing."
Precision Bonusing will debut at the Indian Gaming Trade Show and Convention (commonly referred to as NIGA) April 19-22, 2022, in Anaheim, CA. At the show, Acres will be demonstrating a multi-level progressive, a wheel bonus, and a first-of-its-kind mobile bonus that pays cash and non-monetary prizes directly to an app-based cashless wallet. Casinos can also create their own bonuses or implement bonuses offered at the Foundation App Store by Acres or through third party developers.
Bonusing increases casino excitement by giving players a chance to win cash and prizes beyond the pay table offered by the slot machine. The concept was pioneered by Acres Gaming in the 1990s but has not meaningfully evolved since the company's sale in 2004. As a result, casinos today still rely on the limits of 25-year-old systems hardware that permeates land-based casinos. With the introduction of Foundation™ and Precision Bonusing™ casinos can now deliver the types of real-time, data-driven, personalized experiences that tech companies have used to fuel their rapid growth.
Noah Acres added, "The lack of technological innovation is a key reason casino revenue growth has not kept pace with other tech-driven industries. Precision Bonusing enables casinos to reveal and send cash and other prizes to the player's mobile device, which is the platform of choice for the modern consumer. With the average US adult spending over four hours per day on a smartphone, Precision Bonusing's ability to interface a live gaming session to a player's mobile device empowers casinos to influence players wherever they go."
“Our new content, new relationships, and brand-new Triton casino management system will all be on display at ICE London, highlighting our omnichannel table game experience,” said Todd Cravens, President and CEO of Galaxy Gaming. “After a two-year break, we are thrilled to be back at ICE London to collaborate with our partners and customers in-person and showcase what we’ve been working on.”
The Unveiling of Triton Casino Systems
ICE London 2022 will be the first time the gaming industry will see the inventive new Triton Casino Systems in person. More than a progressive system, this is a scalable system that allows for unprecedented customizations. It provides casino partners with the flexibility for a variety of progressive configurations including daily jackpots, real-time progressives, and tiered progressives. It also features a user-friendly dealer pad, enhanced reporting, sleek new sensors, and more.
Continued iGaming Success
Galaxy Gaming is the world’s leading licensor of proprietary casino table games to the online gaming world. Their world-renowned games, such as 21+3™, Lucky Ladies™, Perfect Pairs™, Caribbean Stud Poker™, Buster Blackjack, and much more, appear on over 1,000 of the world’s leading online casino iGaming sites. Over 1.2 billion wagers have been placed on Galaxy Gaming online titles in the past calendar year.
Linked Progressives That Perform
Galaxy Gaming is keen to meet with their land-based casino operators during ICE London to discuss the Galaxy Inter Casino Link system that allows linking progressive jackpots across affiliated casino properties. This new and exciting product adds to the player experience and increases the revenue opportunity for land-based casino operators.
Perfect Pairs & Perfect Pairs Progressive
Announced in March, Galaxy Gaming has reached an agreement with John Wicks, creator of Perfect Pairs, to distribute Perfect Pairs Blackjack and Perfect Pairs Baccarat on land-based table games across licensed markets globally. This agreement is an expansion on Galaxy Gaming’s existing partnership with John Wicks to exclusively provide Perfect Pairs live gaming progressive jackpots on land-based table games in the United Kingdom and its continued success with Perfect Pairs in the iGaming space.
The two virtual races, developed in conjunction with Carm Productions, will delight viewers again the day before the one of the most famous race of all time. The Virtual Grand National brings to life the actual 40 horses and riders, in an attempt to predict the outcome of the 2022 Grand National. The Virtual Grand National Race of Champions tests previous winners and other legendary horses as they run against each other.
Arkle, an Irish Grand National, three-time Cheltenham Gold Cup winner and one of the greatest steeplechasers in horse racing history, will make his debut in Inspired’s Virtual Grand National Race of Champions. Arkle will join National Hunt legends such as Desert Orchid, Dawn Run, Tiger Roll, and Kauto Star as they compete against twenty Grand National winners, led by the legendary Red Rum.
"I’m delighted to announce the return of Inspired’s Virtual Grand National races as a curtain-raiser for one of the world’s greatest horse races," said Brooks Pierce, President and Chief Operating Officer of Inspired. “We have gained worldwide recognition for our virtual events, and the Virtual Grand National races are truly a unique product. Once again, they will add a compelling experience to our customers’ retail and digital channels in advance of the year’s highest-profile horse race.”
"The technology we use to produce the Virtual Grand National races is a unique predictive offering that can be applied to many other sports events," said Steve Rogers, Chief Commercial Officer, Virtual Sports for Inspired. "Our software uses a vast array of data points, including historical performance of participants, to make predictions about who will win the 2022 Grand National, widely considered to be one of the most unpredictable events in the world."
"We are delighted to be working with Inspired on the Virtual Grand National races for a sixth consecutive year," said Carm Productions’ Rob McLoughlin, OBE, who devised the TV format for UK and international broadcasters. "The realism and quality of graphics in Inspired’s Virtual Grand National races deliver a premium experience, and I have no doubt that viewers will be thrilled with the opportunity to watch Arkle make his debut in the Virtual Grand National Race of Champions.”
In association with the Jockey Club, Inspired’s Virtual Grand National special will be broadcasted on ITV4 Friday, April 8th, 2022, at 9:15 pm (GMT) and again on April 9th at 1:00pm (GMT).
Virtual Sports are popular worldwide and appeal to a wide variety of players, providing new revenue streams that gaming providers can easily integrate into existing sportsbooks and websites. Trailers and demos of the latest Virtual Sports offerings are available at www.inseinc.com/virtuals/.
With this important bet, the 43 Zitro cabinets already operating in Bingo Billiares- are joined by 14 new Altius Glare cabinets, with the new multi-game Wheel of Legends, 3 Fusion Glare cabinets with Far West and 3 new Allure Glare cabinets with the incredible Bashiba Egyptian.
As stated by Emilio Rodriguez Villar, CEO of the Group, “With Zitro’s new products we offer customers games never seen before, with mechanics and mathematics adapted to each of them, in unique and exclusive cabinets. It is a true pleasure to see our bingo hall like this, not only because of the spectacular look of Zitro’s new cabinets, but also because of the joy that all these games convey”.
As stated by Zitro’s commercial director for Spain, Vicente Fernández, “This way, the bet promised by our founder Johnny Viveiros Ortiz to bring to the market of salons and bingo halls a great number of games completely different from all the existing ones, becomes a reality. As well as the gaming cabinets already approved in the different Spanish communities, and with stock for immediate delivery. We thank Bingo Billares for raising its bet on Zitro, with unwavering confidence in our products”.
Over the past three years, Everi Digital has extended the footprint of its proprietary Spark™ Remote Game Server ("Spark RGS"), which houses its iGaming content, to include Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia in the United States, as well as to British Columbia, Manitoba, Ontario, Quebec, and Atlantic Canada. After launching in Ontario with OLG.ca in October 2021, Everi Digital will now deliver its top-performing slot content to multiple online operators as Ontario significantly expands its regulated online casino market access.
"Everi Digital is excited to partner with several new operators in Ontario to provide our award-winning gaming content to a continuously growing audience of online players throughout North America," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "With the expansion of our digital catalog to include progressive games, the Spark RGS now supports over 50 distinct titles, with a footprint stretching across four Canadian provinces. Our growing library of games have proven popular with Canadian audiences since we entered Quebec in 2020 and we are confident that players in the newly expanded Ontario market will agree."
Industry-recognized titles now available to a wider audience in Ontario include: the award-winning Cash Machine®, the classic three-reel, 9-line video title Double Ruby®, and El Dorado The Lost City® – a five-reel, 40-line game featuring a "reel match" bonus.
In 2020, GLI was named Best Laboratory in the SAGSE LatAm, SAGSE Europe, and SAGSE USA awards.
“It is an incredible honor to have our industry peers recognize the hard work of our global teams in naming GLI Best Laboratory. We are proud of the passion and dedication of each of our team members. We are especially proud of Karen for being named a top leader in both the land-based industry and online gaming categories, and of the Latin American and Caribbean team for the work they do to help the region’s industry embrace change and continually move forward,” said GLI president/CEO James Maida.
“We are grateful to the Latin American industry for recognizing GLI in this manner — it is incredibly meaningful, as it is the result of the direct vote of our gaming community itself,” said Vice President Latin American and Caribbean, Karen Sierra-Hughes. “We are also thankful to the SAGSE LatAm organization for continuing to create opportunities to engage and solidify a positive and collaborative environment that’s helping us all grow, evolve, and succeed in both challenging and prosperous times.”
GLI has been intimately involved in the Latin American and Caribbean gaming industries for almost 25 years. Recently, the company further deepened its commitment to the region’s established and emerging sectors of the gaming industry naming Valter Delfraro Junior to its Latin America and Caribbean team to spearhead the company’s efforts in Brazil.
New York, NY (April 4, 2022) – This is even sweeter than maple syrup. High 5 Games is now live on licensed online casinos in Ontario, Canada. The Canadian province officially opened its regulated market to private operators today (April 4) and content from the slot maker can be found on several iGaming sites it partners with.
Tony Singer, CEO of High 5 Games, commented: “We’re so excited to be live in Ontario on Day 1 of licensed and regulated iGaming. Our games have been on the floor of many Canadian land-based casinos for decades, and now players in Ontario can play them online at responsible gaming sites they know and trust. The potential for growth in Canada is huge, and we look forward to growing our presence in Ontario and beyond.”
Last month, High 5 Games secured a license to operate as a supplier in the province of nearly 15 million. Ontario is one of the biggest iGaming markets in the world, estimated to be worth over $1 billion.
Content from High 5 Games is made available to many operators, including FanDuel, BetMGM, William Hill, and more. As the market continues to expand and as more sites come online, High 5 Games will be there too, particularly with those it already partners with in other licensed jurisdictions.
The news of High 5 Games’ launch in Ontario comes on the heels of last month’s big Canadian news for the company. In February, High 5 Games inked a partnership deal with Loto-Quebec to bring its games to Quebec, the second most populous province in Canada.
Featuring the franchise’s much-loved and well-renowned protagonist, the Reel King, this latest installment is packed with big wins and potentially lucrative cash pay-outs. Its classic slot symbols combined with high quality graphics offers players an easy-to-play, unique and entertaining iGaming experience.
Reel LinKing features two of Inspired's popular bonus mechanics, the classic Reel King Five “ding” bonus and the modern Win & Spin™ bonus. Triggering the Reel King bonus with five yellow dings on all the reels presents the king for an exciting win streak bonus round.
Six or more coins anywhere on the reels in the base game triggers the game’s Win & Spin bonus. As an added extra, if three coins land in a row the famous Reel King will make an appearance at the end to offer players extra winnings.
The optional dual gamble wheel mechanic offers both cash and gamble to Win & Spin mechanics, topping out the feature rich and exciting Reel Linking game.
Steve Collett, Chief Product Officer at Inspired, said: “Reel LinKing is a move from our classic Astra studios Reel King game, with all the classic ding bonus mechanics, combined with the popular Win & Spin feature. Players old and new will love this game and it’s already one of my favourite titles of the year.”
Claire Osborne, VP Interactive at Inspired, said: “Reel LinKing combines the thrill of a classic slot with Inspired’s cutting edge bonus mechanics. Its vibrant, highly popular, and instantly recognizable Reel King character will no doubt appeal to multiple players across an array of markets, from loyal fans of the franchise to inquisitive newbies. It is a medium-volatility game offering frequent base game wins, creating a fun and relaxed gaming experience that many players can enjoy. We’re thrilled to be adding Reel LinKing to our growing portfolio of premium iGaming content.”
With a return to player (RTP) rate of 95%, Reel LinKing is a medium volatility game aimed at the casual online casino player.
Head over to Inspired’s website to sample Reel LinKing here: https://inseinc.com/interactive/games/reel-linking
For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games
Lai brings a rich and diverse work history to GLI’s clients, which includes experience on the casino floor and in the casino cage, as well as working with slot developers and with non-gaming companies in online and offline enterprises.
In his role, Lai will work with all types of GLI clients, helping them navigate the evolving future of gaming by taking full advantage of GLI’s exclusive integrated approach to compliance. He will be based in GLI Asia’s new office, located at Alameda Dr.Carlos D’Assumpcao N’s 335-341, Edf. “Hot Line” H6, I6, J6, Macao.
“We are very pleased that Lai will be joining the team as Client Service Representative of GLI Asia. We welcome his broad experience and unique skillset specific to the Asian region, which we believe will be very valuable for our company,” said Marina Wong, General Manager of GLI Asia Limited.
Prior to GLI, Lai most recently served as Manager of Business Development for Red Point Technology, where he specialized in both online and offline activities.
He has also served as Manager of Business Development for slot and system developer Solis Group, Manager of Business Development for the business, retail, and catering sides of Megstar International, and Assistant Manager of Business Development for Suncity Group. Additionally, he held the role of Operations Manager for Century Oriental, overseeing daily operations of the casino gambling hall, and as Supervisor of Cage for Manlong VIP Group.
Illuminate your path to greatness with GLI at gaminglabs.com/careers.
New York, NY (April 4, 2022) – Guess “Hoo’s” back? High 5 Games today announced the release of Hootie’s Fortune on its social casino, a 5-reel online slot starring everyone’s favorite owl, Hootie. The lovable owl in a 3-piece suit and top hat was first introduced to players nearly 20 years ago and returns with significant bragging rights. Hootie’s Fortune is High 5 Games’ 500th game release on its social platform and it was also released on real-money gaming last week.
Tony Singer, CEO of High 5 Games, commented: “Releasing games like Hootie’s Fortune to our player base in both social and online real money is what drives all of us at High 5 Games. Hootie is already off to an amazing start in online Michigan and we expect he will equally be enjoyed by his fans on our social casino. The fact that this is our 500th game on High 5 Casino is an amazing milestone. We love making games for our High 5 fans and look forward to the next 500 games thrilling them as much as the last.’’
Hootie’s Fortune holds the distinction of being the slot maker’s 500th title to land on its social casino, a free online gaming platform that includes slots from High 5 Games and a number of other manufacturers. The social casino is available on iOS, Android, and Facebook.
But while the game is new, the starring character is familiar to players all over the world. Hootie first appeared in Hoot Loot, a land-based slot developed by High 5 Games two decades ago.
Hootie’s Fortune is a 5-reel online slot with 20 lines, Increasing Multipliers, and Jackpot Symbols. Players are invited to collect eggs to increase the random multiplier in the bonus round.
The new online slot is also available today for real money at several international online casinos. For more information on Hootie’s Fortune, visit High5Games.com.
LAS VEGAS, March 31, 2022 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and fiscal year ended December 31, 2021.
Q4 2021 vs. Q4 2020
Revenue increased 73% to $5,670K
Adjusted EBITDA increased 93% to $2,431K1
Net income of $598K vs. net income of $1,179K2
Full Year 2021 vs. Full Year 2020
Revenue increased 95% to $19,984K
Adjusted EBITDA increased 534% to $8,734K3
Net income of $2,112K vs. net loss of $(2,209)K
Balance Sheet Changes (vs. December 31, 2020)
Cash increased 168% to $16,059K
Total long-term debt4 (gross) increased to $60,500K from $52,051K
Stockholders’ deficit decreased to $(17,286)K from $(24,797)K
“We finished 2021 with positive momentum,” said Todd Cravens, President and CEO. “Even with some of our clients’ properties still affected by COVID-19, we delivered gross revenue of $6.1 million in the fourth quarter, a record. Our iGaming business performed very well, with iGaming gross revenues of $8.1 million in 2021, also a record. We believe, as the impacts of the COVID-19 pandemic continue to subside for our clients, we will experience a strong recovery in our GG Core business (felt and electronics) and continued growth in our iGaming business.”
“Our financial position is strong,” said Harry Hagerty, the Company’s CFO. “We have significant cash balances and modest debt maturities this year. We are prohibited from paying dividends or repurchasing stock until November of this year due to continuing restrictions imposed by the Main Street Priority Loan repaid last year. While we will remain responsive, we intend to continue to build up our cash position to keep net leverage low. Total Net Leverage is the only financial covenant in our Fortress loan, and we were comfortably in compliance with that covenant at year-end.”
Hagerty added, “For fiscal 2022, we are forecasting revenue (net of iGaming royalties) in a range of $23.5 to $25.0 million, and Adjusted EBITDA in a range of $11.5 to $12.5 million. This forecast assumes no new lockdowns from COVID-19, no impact to our business from the war in Ukraine, and no economic recession.”
“As we enter the 2022 calendar year, we look ahead in focusing the Company’s business efforts beyond on the severe negative existential impacts of the pandemic. We also, through substantial efforts of our collective team, set the Saucier litigation and related refinancing in our rear-view mirror in the midst of the tough operating environment of our customers which, in some cases, included complete closures. Additionally, in response to the significant increase in the price of our stock in 2021, we have decided to restructure Board compensation beyond the 35% reduction in equity compensation we recently announced,” stated Mark Lipparelli, Chair of the Galaxy Board. “We modified our methodology and targeted aggregate annual Board compensation for 2022 at the levels presented below, for all members, and intend to pay such compensation 60% in cash and 40% in stock. Cash compensation will be paid monthly in arrears and stock compensation will be paid quarterly in arrears, with the stock valued at the average daily closing price in the last month of the quarter. Ms. Kondra and Mr. Lipparelli will receive only the compensation presented below for their service as the Audit Committee Chair and Board Chair, respectively.”
“Using a share price of $4.45, the proposed Board compensation plan would result in 74,157 shares being issued to our five Directors in 2022. Based on the 23,718,968 shares outstanding on March 28, 2022, this represents projected dilution of approximately 3/10ths of one percent. We appreciate shareholders’ interest in and support for Galaxy, and we look forward to the Company’s future success together.”
See complete release with spreadsheet at https://ir.galaxygaming.com/news-events/press-releases/detail/547/galaxy-gaming-reports-q4-and-full-year-2021-financial.
"We are thrilled to be working with High 5 Games to take our game catalog to the next level," said David Marshall, GPN's Chief Executive Officer. "As one of the industry's leading game developers, they have their finger on the pulse of what players want and a deep portfolio of hit titles that both our b spot players and our B2B customers are going to love."
"GPN offers a unique innovative product, and we're pleased to be one of the first major slot makers to ink an agreement with the company," said Tony Singer, CEO of High 5 Games. "Through this integration, our slots will be in front of even more eyes in previously untapped markets. It really is the perfect fit."
To earn this designation, IGT had to comply with requirements of ISO/IEC 27001 as well as additional, lottery-focused security requirements imposed by the WLA. IGT was then audited by the WLA-approved assessor, DNV GL – Business Assurance. The certification validates operations at IGT’s major lottery-based campuses in North America including Lakeland, Fla., Providence and West Greenwich, R.I. and Moncton, Canada.
“Earning the World Lottery Association’s Security Control Standard: 2020 Certification reinforces IGT’s leadership in maintaining and delivering secure services and technologies for lotteries around the world, and our commitment to quantifiable security measures that comply with leading, independent and industry-recognized accreditations,” said Luke Orchard, IGT SVP, Chief Compliance and Risk Management Officer.
In addition to delivering short, mid, and long-term security controls, the WLA-SCS:2020 certificate will make IGT and its proposals even more attractive in most lottery procurement processes.
For more information about IGT's lottery business, visit IGT.com and follow us on LinkedIn.
Julia Carcamo and Justin Shank to lead the discussion with casino social influencers
March 30, 2022 (New Orleans, LA) -- The annual Indian Gaming Tradeshow and Convention will be host to a conversation with the most powerful casino marketers: social influencers on Wednesday, April 20, 2022.
Julia Carcamo, president and chief brand strategist of J Carcamo & Associates and the founder of Casino Marketing Boot Camp, will be leading a discussion featuring Justin Shank of Shank Marketing and casino social influencers, The Slot Cats and Kelly Koffler, and Brian Green, vice president/assistant general manager of Graton Resort & Casino.
"Organizers asked us to lead a discussion at last year's gathering," said Carcamo. "They see as we do that the role of casino influencers is only expanding."
This year's panel discussion will bring in an operations point of view and social influencer opportunities for slots and tables. "In a media world where social media content reigns supreme, casino gaming influencers are commanding armies of loyal followers to gaming floors around the world," says Shank.
Additionally, Carcamo will be leading a brand operationalization discussion later the same day. The panel includes Lucky Eagle Casino & Hotel CEO JaNessa Bumgarner and Rolling Hills Casino & Resort General Manager Steve Neely. "The ever-increasing competition for the entertainment dollar makes it increasingly difficult for companies to sustain market leadership over time or differentiate their brand from a crowded marketplace. However, every casino has a secret weapon," says Carcamo. "A definitive brand identity expressed through guest and team member touchpoints can help build long-term relationships and maintain higher retention and profit margins. JaNessa and Steve are leading their teams while brand building for long-term growth."
Zitro has held its Zitro Experience and Zitro University events on March 29-30 in Buenos Aires, Argentina, within the framework of SAGSE. This annual event, which has already become a benchmark for the gaming industry in Latin America, once again impressed guests with an evening full of surprises and excitement, and a spectacular new product presentation.
Alejandra Burato, Zitro’s Regional Director for Latin America commented: “During this year’s Zitro Experience and Zitro University events we have reunited with customers and friends in Argentina, reaffirming our commitment to the region. Our new product launch in Latin America, which include top-tier slot games and a spectacular new line of cabinets, are part of the development of product innovation for operators looking to offer a new gaming experience and attract new customers to their casinos. I would like to thank all the attendees, for once again, joining us during this great week.”
During the Zitro Experience event, the company showcased the brand-new GLARE cabinet line: Altius Glare, Illusion Glare, Allure Glare and Fusion Glare; It also displayed the spectacular multi-game, Wheel of Legends featured on the premium Altius Glare cabinet, along with Megashare Lounge, the shared progressive jackpot system. “We are grateful for the trust operators have placed in us and are very proud of the acceptance our new products have received. We are confident this innovative product line will offer players in Latin America a truly immersive gaming experience”, added Alejandra Burato, Zitro’s Regional Director for Latin America”.
After Zitro’s product presentation, the Zitro University academic event took place in collaboration with the University of Palermo, which included an informative session by Professor Patricio O’Gorman of the University of Palermo, and a round table focusing on “Changing consumer habits and pandemic-driven technology acceleration”. The renowned panelists were Dario Montero, CEO of Casino Buenos Aires, Florencia Benedicto, Board member of Bet Warrior, President of Ondiss and Director of Inverclub, Guillermo Gabella, Press and Broadcasting Manager and Legal Director of Boldt Group, Dario Simoni, Chief Operating Officer of Codere Group and Zitro’s CEO, Sebastian Salat.
“Argentina is a key market that has undoubtedly contributed to Zitro’s growth in the region, and continues to expand, thanks to the efforts of our team, and the confidence operators have placed in our products. Today we have achieved our goal of showcasing our amazing content to our friends and customers in Latin America, and we are confident it will appeal to operators looking to expand their entertainment offerings, and that it be widely enjoyed by players. I would like to thank the University of Palermo and Professor Patricio O’Gorman for their continued collaboration and contribution to the success of our Zitro University academic event. And finally, I would like to thank the important industry players who joined the panel. The Zitro Experience and Zitro University events have been two fantastic occasions for Zitro to shine thanks to its innovative product line,” stated Sebastián Salat, CEO of Zitro.
March 31, 2022 ... HAMDEN, Conn.--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it has entered into a Cooperation Agreement with 325 Capital Master Fund LP and certain of its affiliates (collectively, “325 Capital”) and Harbert Discovery Fund, LP and certain of its affiliates (collectively, “Harbert Discovery Fund”). 325 Capital and Harbert Discovery Fund combined have reported beneficial ownership of approximately 16.8 percent of TransAct’s outstanding shares of common stock.
The terms of the Cooperation Agreement include, among others, (i) the appointment of both Daniel M. Friedberg and Audrey P. Dunning to TransAct’s Board of Directors (the “Board”), which will increase in size from five to seven directors, (ii) the continuation of the commitment by the Company to declassify the Board by submitting to stockholders a binding proposal at the upcoming annual meeting of stockholders (the “2022 Annual Meeting”), and (iii) an agreement by the Company to separate the roles of Board Chair and CEO in advance of the 2022 Annual Meeting. Consistent with the Cooperation Agreement, the Board elected Haydee Ortiz Olinger to serve as Chairman of the Board, effective immediately. In addition, 325 Capital and Harbert Discovery Fund have agreed to certain customary standstill and voting commitments beginning on the date of the Cooperation Agreement and ending 45 days prior to the opening of the window for the submission of stockholder nominations for the Company’s 2023 Annual Meeting of Stockholders.
“TransAct is committed to an open dialogue with our stockholders and we welcome all investor perspectives on the Company’s long-term opportunities to create stockholder value,” said Bart C. Shuldman, CEO of TransAct. “We are pleased to welcome Ms. Dunning, a technology industry veteran who has financial services, retail and technology experience, and Mr. Friedberg, who currently serves as Managing Partner of 325 Capital and has broad management consulting and industry leadership experience, to the Board. Both should bring their expertise and perspective in the boardroom as we continue to grow in our food service technology market.”
“The actions taken today are an important step forward as we seek to maximize value for every TransAct stockholder,” said Daniel M. Friedberg, Managing Partner of 325 Capital. “We are pleased to have aligned with TransAct’s management team and Board and look forward to working together with the Company to drive long-term value and add to our already productive relationship.”
“Mr. Friedberg and Ms. Dunning are perfectly qualified to bring their relevant expertise and fresh perspectives to the Board,” said Kenan H. Lucas, Managing Director and Portfolio Manager at Harbert Discovery Fund. “We thank TransAct for its constructive approach during this process, and we are confident that the addition of the new Board members will help the Company to deliver solid execution on its initiatives.”
Zitro has obtained the gaming license for its new video slot games after successfully meeting the stringent requirements of the Malta Gaming Authority (MGA), proving once again that its quality and safety standards are among the highest in the online gaming industry.
José Javier Martí, Chief Operations Officer of Zitro Digital commented: “We are committed to our goal of being among the leading companies in the gaming industry, and that translates to expanding our presence in the online market. With the expansion of our game’s portfolio, online casino operators operating under the Malta license will be able to offer their customers the thrill and excitement of our proven-performance games. The future looks bright for Zitro Digital with new partnership opportunities that will further our growth in the online gaming market.
GAMING ARTS AND GAMESYS, A BALLY CORPORATION (NYSE: BALY), ENTER INTO A FIVE-YEAR EXCLUSIVE PARTNERSHIP FOR PLACEMENT OF GAMING ARTS LIBRARY INTO GAMESYS ONLINE REAL MONEY CASINOS WORLDWIDE.
LAS VEGAS, March 29, 2022 /PRNewswire/ -- Gaming Arts, LLC, an end-to-end gaming technology provider of electronic gaming machines ("EGMs"), bingo, keno, and emerging technologies ("Gaming Arts"), is pleased to announce it has entered into a five (5) year exclusive content agreement with Gamesys, a Bally Corporation, ("Gamesys") to provide Gamesys with access to its full library of games for deployment into online, real money gaming worldwide.
Under the Agreement terms, Gamesys and Gaming Arts will work together to identify, convert and deliver titles from Gaming Arts proven and growing library of successful casino slot games to all online real money gaming markets, in which Gamesys operates around the world. These games will be featured prominently as part of Gamesys' online offering. The deal also calls for Gaming Arts to develop new games for Gamesys.
Mike Dreitzer, CEO of Gaming Arts commented: "This is a truly defining moment for Gaming Arts. As one of our first forays into online gaming, we couldn't be more pleased than to partner with Gamesys/Bally to deliver our exciting game portfolio to online real money global gaming markets everywhere. Gamesys/Bally is a proven, world class provider of online games. The fact that they are partnering with us in this exclusive way, and have committed to feature our games within their global portfolio, represents a very exciting opportunity to introduce Gaming Arts content to an entirely new segment," said Dreitzer.
"This is just the first aspect of our partnership. Going forward, Gaming Arts will work closely with Gamesys/Bally as part of a larger omnichannel strategy to deliver the best of breed games in the online space as well as land-based casino formats", Dreitzer concluded.
Nick Wright, SVP Business Development, Interactive at Bally Corporation added, "Bally is delighted to partner with Gaming Arts and to have exclusive access to their popular and proven game portfolio for use in online gaming. We look forward to expanding our relationship with Gaming Arts across multiple channels."
David Colvin, Chairman and Founder of Gaming Arts concluded, "Gaming Arts is very pleased with this new partnership. This partnership with Gamesys/Bally is a big step forward for us on so many levels. We look forward to working together in the exciting days ahead."
About Gaming Arts
Gaming Arts, LLC is an award-winning end-to-end gaming equipment technology provider of electronic gaming machines, electronic table games, bingo, keno, and emerging technologies. Gaming Arts is privately owned and operated, with its business headquartered in Las Vegas, Nevada, and is licensed in approximately 150 jurisdictions. To learn more, visit www.gamingarts.com or call 702.818.8943.
Gamesys is a Bally's Corporation company that forms part of one of the world's leading entertainment providers, with tens of millions of players and thousands of employees across the globe.
Casino Marketing Boot Camp, a 360-degree view and training specifically designed for casino marketers, has successfully returned to an in-person format. "We knew it could be a risk to plan an in-person gathering, but we were pleasantly surprised by the demand," said founder Julia Carcamo. "We reached our maximum attendance far earlier than past years, forcing us to cut off registration."
Attendees have been providing overwhelmingly positive feedback and thoughts for the planning of future events.
The signature interactive nature of the gathering allows attendees to learn from thought leaders and peers. "I loved the collaboration, ability to ask questions, and the opportunity to get a lot of insight into what other marketers are thinking," said one attendee.
Casino Marketing Boot Camp provides year-round training, virtually and in person.
Casino Advertising Masterclass starting April 2022
Mini Boot Camp - The Digital Transformation of Casino Marketing, May 3, Biloxi, MS
Zitro breaks into the Spanish market, offering operators a diversity of game dynamics, to expand its entertainment offer and adapt to all types of players. With its totally innovative offer, Zitro has changed the gaming landscape in Spain, launching 4 new games for gaming halls, completely different from those currently in the market.
Games never seen before, with mechanics and mathematics adapted to each type of customer, in unique and exclusive cabinets that will make it impossible for operators to resist installing them in their gaming halls.
This display of novelties, which has never been simultaneously launched by a manufacturer, consists of 4 new games for the Gaming Hall and Bingo markets: Wheel of Legends, Far West, 5 to Win and Bashiba Egyptian -, available in different cabinets of the new GLARE family. In addition, Video Bingo players will be very satisfied with what Zitro has included in its dynamic game offer, with Dragon Lamp 3 the Spanish gaming and bingo halls will shine more than ever!
Along with the wide diversification of games, Zitro has also diversified in hardware and has launched 4 new cabinets with different features that make each one of them unique. These cabinets which include incredible game titles such as 88 Link Multiplier, Double Link, Wheel of Legends, 5 to Win, and Far West, among others, come to dynamize the casinos’ offer.
Zitro's broad gaming offer extends to the online world, as Zitro Digital offers online gaming operators its renowned Video Bingo and Video Slot games.
It is worth noting, that Zitro’s creative commitment is supported by a great administrative effort, since all the games and cabinets offered by Zitro are already approved in the different communities and with stock for immediate delivery.
Zitro has surprised again with a totally innovative and brave bet, to satisfy operators and players. Now it is their turn to bet on Zitro to take their gaming halls to a whole new level of excellence.
Contact your sales representative today!
BET ON ZITRO. SHINE WITH ZITRO.
This agreement is an expansion on Galaxy Gaming’s existing partnership with John Wicks to exclusively provide Perfect Pairs live gaming progressive jackpots on land-based table games in the United Kingdom and their continued success with Perfect Pairs in the iGaming space. The addition of Perfect Pairs to Galaxy’s robust Blackjack collection complements their catalog of best-in-class table game titles. Perfect Pairs and Galaxy Gaming’s world-famous 21+3 and Lucky Ladies are the most popular Blackjack side bets in both the land-based and iGaming space.
“We are delighted to add these beloved side bets to our content portfolio,” said Todd Cravens, President and CEO of Galaxy Gaming. “Perfect Pairs is already well-loved by operators and players, so we’re thrilled to enhance the game by pairing it with our progressive system and industry-leading service.”
"We are very happy to extend our distribution agreement with Galaxy Gaming to incorporate our land-based distribution rights for North America, UK and Europe,” shared John Wicks, creator of Perfect Pairs. “Galaxy Gaming is both an innovative and progressive company and they are at the forefront of casino games distribution in these areas. We feel that they are both best placed and motivated to extend and grow the market share for Perfect Pairs.”
24 March 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is
excited to announce the arrival of Multi-Stream Matchday™, the new V-Play Soccer game for online and retail players in Italy. Sisal, a long-term partner of Inspired, is set to be the first Italian customer to launch this brand-new Virtual Sports game to its online player base on www.sisal.it.
This new product offers customers the chance to engage with eight simultaneous soccer games and choose which of the eight streams to watch at any point. As a variant of the Matchday Ultra™ product, players get to wager across up to eight matches and create accumulator/parlay bets that deliver higher prizes. In addition, with Multi-Stream Matchday, players get to see highlights of every single match on dedicated channels instead of the picture-in-picture or single-game display available to this point.
“Sisal has been Inspired’s partner since the Italian market opened in 2014 and we have worked together to bring a number of exciting new concepts to the Italian market,” said Steve Rogers, Chief Commercial Officer of Virtual Sports. “Multi-Stream Matchday joins V-Play Soccer™, V-Play Penalties™ and our new Women’s Soccer products to provide a full suite of Soccer products. The enthusiasm which has been shown towards our latest game, Multi-Stream Matchday, is further confirmation of the popularity of our Virtual Soccer product set, and we are excited to see these games attract new players and grow in popularity across multiple jurisdictions."
Multi-Stream Matchday is hosted and delivered from Inspired’s cloud platform which is a flexible and cost-effective way of streaming content to online and mobile players. To see Inspired’s Virtual Sports available online and on mobile, please visit https://inseinc.com/virtuals/virtuals-on-demand/.
“Zitro has always been a guarantee of success in Argentina, and we are delighted to welcome these exciting new games to Casino de Pinamar. Since their addition, Link King, Link Me and 88 Link have become a “must play” favourite at our gaming property, as they have been across the globe since their first release. We are look forward to expanding our partnership with Zitro with more great games in the near future”, said Leonardo Cattaneo, director of Casino de Pinamar.
“This is Zitro’s debut in the important locality of Pinamar, on Argentina’s Atlantic Coast, and we are extremely proud and grateful for the opportunity to introduce our innovative product line to the entertainment offer of Casino de Pinamar. We are convinced that our proven performer games will offer players in this region, a new dimension of excitement and entertainment,” added Alejandra Burato, Zitro’s Regional Director for Latin America.
Customers of the leading operator’s online GOLDEN GRAND brand can now enjoy a range of classic Greentube and blue chip NOVOMATIC titles, including Book of Ra™ deluxe, Lucky Lady’s Charm™ deluxe and Super Cherry 5000, a proven hit with Swiss players.
In the three years since Greentube made its debut in Switzerland, the supplier has signed a multitude of operator partnership deals to lead the way in a sector that has been characterised by strong growth in recent years.
GOLDEN GRAND provides Swiss players with a wide range of gaming verticals and has established itself as a leading online presence in the regulated market.
Lisa Sandner, Greentube’s Sales & Key Account Manager for Switzerland, said: “This deal is the latest example of our leading presence in what has become one of our main markets. I am both excited and happy to see this latest partnership, which shows the growing trust in our products across Switzerland. Grand Casino Basel is a highly regarded operator in the market and we look forward to a long and successful alliance.”
Adrian Schiesser, Divisional Director of GOLDEN GRAND, said: “Greentube’s knowledge of the Swiss market ensures that the content they roll out into the market is designed to engage very strongly with the country’s players. To get this renowned supplier’s games on our online casino platform is a great boost as we seek to expand our online presence by introducing the most sought-after content to our players.”