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Flutter Reports 16% Increase in Q1 Revenue Despite Coronavirus Crisis

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Flutter Reports 16% Increase in Q1 Revenue Despite Coronavirus Crisis
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Flutter Entertainment has reported a 16% increase in its Q1 revenue despite a 46% hit to its sports segment since racing was suspended in the UK and Ireland.

“Following the widespread cancellation of sporting events, group revenues have been more resilient than we initially expected, helped by the continuation of horse racing in Australia and the US gaming continues to perform well across the group,” Peter Jackson, chief executive of Flutter Entertainment, said.

Until March 15, revenue in the sports segment of the business grew by 30%, but that dropped to a 13% increase when including the final two weeks of the quarter.

Overall revenue grew by 16% to £547m in Q1, after being on track to deliver a 29% increase until COVID-19 hit.

“The group performed very well in the period prior to the disruption to sporting events in mid-March. We delivered strong customer growth across each of our brands and benefited from favourable sports results across our sports books,” Jackson said.

He said the company’s £10 billion merger with Sky Bet owner Stars Group still “remains compelling.”

“While the current disruption is truly exceptional, it underlines the importance of product and geographic diversification,” he added.

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Yggdrasil’s Gold Frontier Jackpots FastPot5™ promises fortune and adventure

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 Yggdrasil, a leading iGaming publisher, has revived the gold rush in a jackpot-filled game that embodies the spirit of old west prospecting in Gold Frontier Jackpots FastPot5™.

Fans of lower volatility slots with straightforward mechanics that get fortune seekers right to the heart of the action are tasked with gathering keys to enter the treasure bonus game. Crystals then offer the thrills of striking it rich when enough are collected to drop the lucrative jackpots on offer thanks to Yggdrasil’s popular Game Engagement Mechanic (GEM) FastPot5.

The Coin Toss scatter symbol gets adventurers off to a flying start in the base game if three or more land in a single spin. An award of up to 500x accompanies the Coin Toss if a maximum of five scatters are collected, while the spinning coin can award either 10 free spins where the chase for the jackpots starts, or the Treasure Chests bonus round.

There is still plenty to play for if only two scatters are landed, with the Pick and Click minigame triggering, awarding prizes, keys or entry to Free Spins, or another bonus game.

The Treasure Chests feature provides incredible potential thanks to infinite opportunities to gather keys to get into the next level’s chests.

Once players collect all five keys of the same kind, they are awarded 10 free spins and the chase for the jackpots starts. Five coloured progressive jackpots are up for grabs with big wins on offer for the luckiest of prospectors.

Tomasz Kowalik, Head of Games Production at Yggdrasil, said: “Gold Frontier Jackpots FastPot5 is a game that strengthens the diversity of our game library, delivering a fast and uncomplicated gameplay experience that allows players easy access to the rich array of features and fantastic jackpots thanks to our GEM.

“Yggdrasil prides itself on creating games that appeal to as wide a demographic as possible, and positions our offering perfectly to drive repeat plays and revenue for operators.”

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Evoplay offers an avalanche of sweet treats in Candy Craze

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Award-winning game development studio Evoplay has released Candy Craze, a vibrant slot stacked with features and modifiers, including the powerful Gum Drop Multiplier which boosts win potential.

Set amidst the backdrop of sumptuous sweets within a cloudy landscape, the 5×5 cascading reels title gives players a sugary rush when the Gum Drop Multiplier activates, revealing a mystery value at the end of each winning spin up to x100, enhancing the chance for wins during the main game and Free Spins.

During free spins, a progressive feature known as the Gum Drop Collection is in play. Every Gum Drop that lands is added to a meter, with a higher level unlocked each time as the number of special symbols hits a specific target. Up to five levels can be completed, meaning higher multipliers when ascending each level.

To access the free spins mode, a trio of tasty BonBon Bonus symbols must appear in the base game. If these land during the bonus round, further spins are added, bolstering the opportunity for more prizes.

Before each spin, the Double Chance feature can be switched on with the initial bet being multiplied by 1.5x, increasing the prospect of triggering Free Spins.

The popular Bonus Buy feature can also be activated in certain jurisdictions, allowing players to purchase up to 25 Free Spins directly.

Ivan Kravchuk, CEO at Evoplay, said: “Candy Craze transports users to an enchanting land full of treats and captivating features that capture the imagination of every player who navigates this intriguing title.

“We anticipate that Candy Craze’s action-packed gameplay alongside its vibrant animations and distinctive modifiers will resonate perfectly with our player base.”

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Speechless Announces Hybrid License, Giving Actors Greater Control Over Their AI-Generated Voices

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New platform will enable voice actors to gain commission on their AI-generated counterparts while also streamlining the development process for studios

Today, Speechless, the voice actor database and asset tool for the games industry, has announced its new Hybrid AI License, combining real voice talent and generative artificial intelligence (AI). This new license will enable game developers to utilize all aspects of modern voice-over production while providing more equitable opportunities for the actors themselves. With the current games landscape increasingly experimenting with the potential of AI, Speechless is offering a solution that takes a greater ethical approach to this technology.

The first complete management system for the games industry, Speechless’ Hybrid AI License easily allows developers to use the full range of voice-over options in one place; from text-to-speech, speech-to-speech and conventional voice recording. Unlike other text-to-speech providers, Speechless’ integrated approach allows developers to access the voice actors behind the AI-generated, text-to-speech options. This license not only enables developers to gain greater creative control over voice production but also gives actors control over their AI-generated voice.

Voice actors will benefit from this license by having their AI-generated voice earn a commission when it is licensed by developers. In addition, developers can utilize text-to-speech options to refine their scripts before bringing on the voice actor for the full recording. Developers can then adjust the voice actor’s recording with its AI counterpart at the later stages of development, removing the need for reshoots and allowing voice actors to move on to new projects.

The potential of Speechless’ License also enables a greater depth of content for side characters and NPCs and streamlines localization in new markets while keeping voice talent involved. With the rise of generative AI in game development, Speechless is establishing the best practice for utilizing the advantages of this technology without excluding the creative talent of voice actors.

This new license is available immediately and follows Speechless’ recent collaboration with audio middleware leader Audiokinetic Wwise.

“We can’t ignore the potential AI has for the games industry but we need to approach this technology ethically; that’s what we aim to achieve when it comes to voice-acting,” the Chief Executive Officer for Speechless, Peo Drangert (pictured), said. “By offering a hybrid license, developers can streamline their processes and experiment with different voice actors at a lower cost. At the same time, voice actors are compensated for their work and the work of their AI-generated voice, have greater opportunities to collaborate with studios and can work more flexibly. AI will continue to grow in the games sector, so we must use it responsibly to ensure a fairer industry.”

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