Connect with us
SoftSwiss
Playson

Industry News

1X2 Network Integrates its Full Suite of Slots and Table Games with Twin Casino

Niji Narayan

Published

on

1X2 Network Integrates its Full Suite of Slots and Table Games with Twin Casino
Reading Time: 2 minutes

 

1X2 Network has integrated its full suite of slots and table games with popular online casino brand Twin.

The integration, facilitated by GIG and Microgaming, will see titles from the developer’s 1X2gaming and Iron Dog Studio subsidiaries be made available to Twin’s players for the first time.

Twin will also launch its very own Branded Megaways slot. The innovative concept allows operators to create a bespoke Megaways title that captures the look, feel and ethos of their brand.

Jack Brown, Sales Director at 1X2 Network, said: “It’s great to see slots and table games from 1X2gaming and Iron Dog Studio stocked in the Twin game lobby.

“Twin shares the same ethos and approach as we do, and that is to provide players with the best online casino experience that they return to time and again.

“We are especially pleased that Twin will also launch a Branded Megaways slot – these games have proved to be incredibly successful with the operators that have launched them to date.

“I expect Twin to enjoy even greater success with its Branded Megaways slot and look forward to a long and successful partnership with the casino, its management team and its players.”

Kasper Bach, Head of Casino & VIP at Twin, said: “One of the key ingredients in a successful online casino is the quality and variety of the games offered, which is why we go to great lengths to form partnerships with the best providers available, resulting in an astounding game portfolio to offer our customers.

“To that end, integrating content from 1X2 Network was an absolute no brainer for us, as was developing our very own Branded Megaways slot.

“It has been a pleasure working with 1×2 Network and adding its games to our lobby and we look forward to seeing our players score some mega wins on our very own Branded Megaways slot.”

Industry News

Trustly Becomes Official Open Banking Partner of West Ham United FC

Niji Narayan

Published

on

Trustly Becomes Official Open Banking Partner of West Ham United FC
Reading Time: < 1 minute

 

Trustly has become the Official Open Banking Partner of West Ham United, an iconic football team in the English Premier League.

Open Banking is an initiative that enables Trustly to further enhance its unique account-to-account-based payment solution in the UK market, giving merchants the possibility to offer consumers a preferred way to pay.

“Trustly is delighted to partner with West Ham United, the iconic London club in the Premier League. This partnership comes as the UK’s adoption of Open Banking experiences tremendous growth. We’re overjoyed to combine the worlds of football and payment solutions, and we look forward to working closely with West Ham throughout this multi-year partnership,” Johan Nord, Trustly’s EMEA Chief Business Officer, said.

“At West Ham United, innovation is key to everything we do and we are thrilled to partner with Trustly, an organization that is redefining the speed, simplicity and security of payments through its own products,” Nathan Thompson, Commercial Director of West Ham United, said.

Continue Reading

Industry News

Playtika Announces Fourth Quarter and Full-year 2020 Results

Niji Narayan

Published

on

Playtika Announces Fourth Quarter and Full-year 2020 Results
Reading Time: 2 minutes

 

Playtika Holding has released its fourth-quarter and full-year 2020 results.

Fourth-quarter revenue was $573.5 million compared to $488.2 million in the prior-year period. Net income in Q4 was $76 million compared to $30 million in the prior-year period due primarily to the flow-through impact of increased revenues. Adjusted EBITDA in Q4 was $210.4 million compared to $169.7 million in the prior-year period.

Revenue for the full year 2020 was $2371.5 million compared to $1887.6 million in the prior year. Revenue surpassed $2 billion for the first time in 2020. Net income was $92.1 million compared to $288.9 million in the prior year. Adjusted EBITDA was $941.6 million compared to $712.1 million in the prior year.

“Playtika had an incredible year of growth and achievement in 2020, culminating in our successful public offering in January of 2021. Throughout the challenging backdrop of 2020, our people displayed the necessary commitment and teamwork to allow Playtika to continue its mission of providing our customers with infinite ways to play. As evidence of our progress, for the first time our casual portfolio recorded over $1 billion in annual revenues. Our relentless focus on data and expertise in live operations is the foundation of our success and will continue to provide a competitive advantage as we look forward with optimism to 2021 and beyond,” Robert Antokol, Chief Executive Officer of Playtika, said.

“We executed across our entire organization to deliver an impressive set of results for both the fourth quarter and full year 2020. I was especially pleased with our continued industry-leading organic revenue growth, all contributed by games we have operated for many years, which underscores our understanding of how mobile games work and how to operate them successfully. This expertise, combined with our efficient marketing and financial discipline enabled us to generate over $900 million in adjusted EBITDA in 2020,” Craig Abrahams, President and Chief Financial Officer, said.

Continue Reading

Industry News

Cirsa Reports Net Loss of €254.6M for the Year 2020

Niji Narayan

Published

on

Cirsa Reports Net Loss of €254.6M for the Year 2020
Reading Time: < 1 minute

 

Cirsa has reported a net loss of €254.6m for its full-year 2020 as closures of land-based gaming outlets due to Covid-19 hit revenue.

Operating profit came in at €126m, down 73.3% from €842m in 2019. Operating revenue fell to €842m, down from €1.64bn in 2019. The fourth quarter saw operating revenue of €211m, down from €537.6m in the same period in 2019, and operating profit of €51m.

The year had begun with a strong start, with revenue up by 28% year-on-year in January and February before the Covid-19 pandemic hit land-based revenues from March onwards.

Bingo and casino operations were hit particularly hard during a year that saw the number of productive hours fall by 45% due to pandemic-related retail closures in different markets

However, Cirsa said it managed to mitigate the impact on revenue and recover its customer base through its “Secure Gaming” plan.

Slots also suffered but Cirsa said its subsidiary UNIDESA B2B’s Manhattan and Pharaoh’s Gold games had become the best performing slots in the market.

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay Entertainment
Advertisement
Kasyno Online na HEX Polska

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.