Latest News
Winamax buys Bet-at-home’s Italian market concession
French online poker operator Winamax has made a big bet that Italian politicians won’t block plans to share poker liquidity among European Union regulated markets.
This week, Italian gaming affiliate Agipro News reported that Winamax had acquired the Italian online gambling concession of Bet-at-home, the German subsidiary of French operator Betclic Everest Group. The report offered no indication what price Winamax paid to obtain the concession, nor why Bet-at-home decided la dolce was no longer so vita.
Winamax’s French-licensed site withdrew its services from Italy in 2015 due to “the Italian legislation on gaming.” But recently, Winamax has signaled its eagerness to return to the Boot, including the signing this month of a sponsorship deal with Mustapha Kanit, Italy’s all-time live poker tournament winner.
Winamax’s renewed interest in Italy’s online poker market isn’t necessarily based on how the market is currently performing. Online poker has been on a negative trajectory for some time, posting another 10% year-on-year revenue decline in 2016, although recent monthly figures have been slightly more encouraging.
No, Winamax’s interest is more likely due to the online poker liquidity sharing deal signed this summer between Italy and three other EU regulated online gambling markets: France, Portugal and Spain. None of these poker markets is particularly thriving (unless your name is PokerStars), and licensees in all four nations are expecting a performance boost from the deal.
But Italy’s participation in this fearsome foursome is anything but assured. Earlier this month, some Italian politicians began making noises about “an immediate intervention” intended to “prevent the continuation of this project,” which they claim will increase money laundering activity while decreasing consumer protections.
Winamax appears suitably confident that Italy will go ahead with the deal as written. Italy’s government was supposed to open a tender for new online gambling licenses in September but this process has met with as-yet unexplained delays. These new licenses reportedly won’t take effect until early next year but Winamax apparently isn’t interested in waiting.
Latest News
Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights
Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.
PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.
Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”
Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”
Latest News
Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years
As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.
This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.
The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.
Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.
The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.
Event Details:
- What: Premiere of “Memories of CS:GO – The Early Years”
- When: March 26th, 2024, at 21:00 CEST
- Where to watch: Red Bull Gaming’s Youtube Channel
- The “CS:GO Memories” documentary can be viewed shareit.redbull.com
Latest News
Ten Square Games ready for a new development opportunities in 2024
2023 ESPI package
The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)
2023 Consolidated Financial Statement
2023 Management Board Report on Activities
Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements
Link to the stream
Link to the chat with individual investors
Presentation
Factsheet
Financial data
Transcription of the conference and Q&A session
For complete press release visit tensquaregames.com
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