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Zynga Enters Into Agreement to Acquire Istanbul-based Rollic

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Zynga Inc., a global leader in interactive entertainment, announced it has entered into an agreement to acquire Istanbul-based Rollic, a mobile games developer and publisher with an exciting portfolio of popular hyper-casual games that have been downloaded more than 250 million times. With this acquisition, Zynga enters the hyper-casual market – one of the largest and fastest growing gaming categories on mobile – and adds a highly talented team and an extensive network of external developers. Rollic will meaningfully increase our audience and grow our advertising business.

Founded in December 2018 by Burak Vardal, Deniz Basaran and Mehmet Can Yavuz, Rollic is a hyper-casual publisher and game developer based in Istanbul, Turkey. Eight of Rollic’s games have reached #1 or #2 top free downloaded games in the U.S. App Store, and their latest releases, Go Knots 3D and Tangle Master 3D, were the top two most downloaded games in the U.S. App Store in Q2 2020. Rollic’s titles currently have more than 5 million mobile daily active users (DAUs) and 65 million mobile monthly active users (MAUs).

“We are excited to expand into the hyper-casual category with the acquisition of Rollic, one of the fastest growing hyper-casual developers and publishers worldwide in 2020, led by an incredibly creative team,” said Frank Gibeau, Chief Executive Officer of Zynga. “With Rollic, we are meaningfully growing our audience, expanding and diversifying our global advertising business, and adding to our game pipeline and developer network. Zynga and Rollic are well-positioned to grow faster together.”

“The Rollic team is proud to be joining Zynga,” said Burak Vardal, founder and Chief Executive Officer of Rollic. “Our expertise in hyper-casual is a seamless fit for Zynga’s proficiency in product management, data science, ad monetization and world-class publishing. With Rollic’s robust slate of existing and new hyper-casual games joining Zynga’s portfolio, we look forward to advancing our collective mission to connect the world through games.”

Zynga will acquire 80% of Rollic for $168 million in cash. The final upfront transaction consideration will also include customary closing adjustments and is expected to close on October 1, 2020. Over the next three years, Zynga will acquire the remaining 20% in equal installments at valuations based on specific profitability goals.

Latest News

CryptoWins Celebrates One-Year Milestone with Birthday Month Bonuses and New Slot Launch: Wild Alaska

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CryptoWins Celebrates One-Year Milestone with Birthday Month Bonuses and New Slot Launch: Wild Alaska
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This month marks the one-year anniversary of CryptoWins, a cutting-edge cryptocurrency-only casino that has quickly made an impact in the gaming world since its debut.

To celebrate, CryptoWins is rolling out a month of birthday bonuses and gifts for both new and returning players. Earlier this month, players already enjoyed an 80% VIP Match bonus, and the celebration continues with even more rewards, including a 66% match bonus for players who’ve made at least one deposit during the month, as well as a $20 freebie!

To kick off its birthday month, CryptoWins.com has introduced its latest video slot, Wild Alaska, created by Slotland Entertainment. This high-energy 5×3 slot game is packed with adventure and features a max multiplier of 750x, a $20 max bet, and 20 paylines. A standout feature is the Free Spins round, where all winnings are tripled, and Grizzly Wilds become Extended Wilds, giving players even more opportunities for massive payouts.

“This milestone wouldn’t be possible without the support of our incredible players. To show our gratitude, we’ve released a month of exclusive bonuses and a cool new game,” said Michael Hilary, CryptoWins manager. “We’ve built CryptoWins around the values of transparency, fairness, and player freedom. Our provably fair gaming technology ensures every player can verify game results for complete peace of mind, while our no withdrawal limits policy allows players to enjoy our platform to the fullest.”

In keeping with its commitment to providing regular rewards, CryptoWins has continued to deliver ongoing promotions throughout the year, including reload bonuses and cashback offers. The casino also boasts a dedicated VIP loyalty program, designed to reward consistent play with exclusive perks.

 

NOVEMBER BIRTHDAY GIFT BONUSES:

1/ THANKSGIVING $20 FREEBIE
Available Nov 26 – Dec 1

* $20 free
* Max cashout: 3x
* Valid for: SE all games
* Wager: 37x
* BONUS CODE: BIGTHANKS

2/ 66% LOYAL MATCH
Available Nov 26 – Dec 1

* 66% for players who deposited at least once in November
* Redeem: 1x per day
* Valid for: SE all games
* Wager: 35x
* BONUS CODE: LOYAL66

 

The future is bright for this forward-thinking cryptocurrency online casino, and players can look forward to even more developments in the months ahead.

CryptoWins, a cryptocurrency casino operated by Slotland Entertainment offers 500+ games from Slotland Entertainment S.A. and eight other game providers: ELA Games, EvoPlay, Felix Gaming, KA Gaming, Rival Gaming, SmartSoft, Spinthon, and Vibra Gaming.  Fast deposits and withdrawals are done using Bitcoin, Litecoin, Ether, Monero, Tether, Binance Coin, and USD Coin.  Support is available around the clock via live chat and email.

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Latest News

Sweepstakes Casinos Sweep the World

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GiG (Gaming Innovation Group) has reported significant growth in its media division, Gentoo Media, marking a successful year of transformation following a series of strategic acquisitions. The company’s performance in the second quarter of 2024 highlights a period of expansion, with revenue reaching €30 million, a 39% increase from €22 million in Q2 of 2023. This milestone marks the 14th consecutive year of record revenue for the company, reflecting the positive impact of its ongoing transformation and the continued growth of its rebranded standalone media business.

Group CEO Richard Carter shared with investors that the company’s strategic enablers, including successful mergers and acquisitions (M&A), have been key to its growth trajectory. Notably, the acquisitions of AskGamblers and KaFe Rocks have provided a significant boost to the company’s position in the online gambling space. These deals, alongside other strategic expansions, are set to keep the momentum going, especially in the second half of the year as GiG benefits from the ongoing contributions of Titan SEO and the CasinoMeister community. 

As sweepstake casinos’ popularity spread, they are becoming popular worldwide. Everyone can now enjoy the unique aspects of an online sweepstake casino (source: https://listofsweepstakescasinos.com). Gamers cannot wager real money on these sites, which eliminates the financial risk normally associated with online casinos. Instead, these platforms give gamers a place to practice casino games and socialize with other players. 

 CEO Carter emphasized that this opportunity is not limited to North America, with potential markets in Europe and beyond beginning to show interest in this new type of digital gaming. 

A core part of this growth strategy has been GiG’s investment in new technologies and platforms, such as the SweepX social casino platform. According to Carter, SweepX has played a crucial role in expanding the company’s addressable market and is expected to begin contributing to revenue in the latter part of 2024. The platform has already seen success in the US and is positioned to capitalize on a growing appetite for sweepstake-style gaming.

GiG’s Chairman, Mikael Riese Harstad, also addressed the market’s growing interest in sweepstakes, revealing that the company has signed a partnership with one of the largest land-based casino operators to bring its SweepX platform to a broader audience. Harstad expressed confidence that sweepstake opportunities would continue to expand beyond the US, signaling the potential for international growth in this segment. The company’s belief in the potential of the sweepstakes market aligns with its broader strategy to move away from reliance on “exotic markets” and focus more on the stable and rapidly growing North American and European sectors.

In addition to the success of its media business, GiG is in the process of completing a strategic split into two independent, publicly listed entities: Gentoo Media and GiG Platform. This restructuring, set to be finalized by the end of September 2024, is intended to streamline operations and allow each entity to focus on its respective core markets. Despite some challenges faced by GiG’s Platform & Sportsbook division, which saw a 21% decline in revenues to €7.3 million for Q2, the company remains confident that both Gentoo Media and GiG Platform will continue to thrive as separate entities moving forward. 

The restructuring process follows a series of changes in both external market conditions and internal organizational shifts. However, GiG Media remains steadfast in its commitment to long-term success. Ever since Richard Carte became CEO, he highlighted the company’s focus on data-driven strategies, cutting-edge technical infrastructure, and deep expertise in the iGaming sector as key drivers for future growth. As the company continues to expand its presence in global markets, it is poised to take advantage of the growing demand for new types of gaming experiences, particularly within the sweepstake and social casino sectors. 

With its growing portfolio of brands and platforms, GiG is positioned to maintain its role as a major player in the global iGaming industry, with a particular focus on leveraging new technologies and acquisitions to expand its market reach and revenue potential.

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Compliance Updates

CT Interactive Achieves A1 Certification for Greece

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CT Interactive has achieved A1 Supplier Certification in Greece, awarded by the Hellenic Gaming Commission. This significant milestone underscores the company’s strategic commitment to expanding its presence in regulated European markets. The A1 certification enables CT Interactive to offer its top-tier gaming portfolio to licensed operators across Greece.

Focused on enhancing the player experience, CT Interactive delivers a meticulously curated selection of games that have proven successful in the market, including titles like Win Storm, Lucky Clover, The Big Chilli, Chilli Fruits and many others. By prioritising quality and player satisfaction, each game is designed to provide immersive, engaging experiences.

Continuously evolving to meet player preferences and utilising cutting-edge technology, CT Interactive ensures a seamless and rewarding gaming journey. This commitment not only fosters long-term player loyalty but also reinforces the company’s dedication to creating lasting value while maintaining the highest standards of performance and entertainment.

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