Connect with us

Latest News

Why 2021 is the Year of No Account Casinos

Published

on

Why 2021 is the Year of No Account Casinos
Reading Time: 4 minutes

 

The iGaming sector is a dynamic industry that is ever advancing. Within this ever-developing industry, each year presents exciting and innovative opportunities. The changes, oftentimes, make things move faster and better, thus creating a fun and friendly adventure for users.

The latest trend, no account casinos have created a buzz in the sector with players loving the idea of accessing a casino’s games without creating an account. We now look at the factors making 2021 the year of no account casinos.

The Desire to Play Anonymously

For casinos where account creation is a must, you can’t play as an anonymous player. Partly, such websites request your documents like an ID card or passport. They in turn use this to confirm that you are indeed the one using your details.

Typically, in no account casinos, you are never asked to provide these details. Thus, if you are the type of player who loves anonymity, you will find these casinos perfect for you. The websites are increasing, making it easy to find top no account casinos. Which is funny enough (considering the name), one of the very best sources at this very moment.

Players have warmed up to these casinos, encouraging various developers to create more platforms to satisfy the rising demand. Moreover, as more casinos launch online, casino review experts like Max Deranker will keep updating the information accordingly.

Excellent Games

No account casinos have partnered with top software providers to deliver to you great games. The games are carefully selected to fit different tastes. Hence, it does not matter whether you love Blackjack, classic or video slots, or poker among others.

All the types are available. For this reason, many players are finding websites appealing. The fact that gamers are positively responding to this new trend is an assurance that 2021 will see more of these platforms.

Knowledgeable Customer Service

If there is something helping the casinos to thrive, it’s exceptional customer service. The companies running these establishments are aware that when a player contacts customer support, they hope to get helpful responses.

Hence, they have a skilled team that excellently handles your questions. The role of excellent customer support is that it will help casinos maintain their audience. Without this, it would be hard for 2021 to register remarkable progress when it comes to no account iGaming sites.

Reasons to Consider No Account Casinos

No account iGaming platforms are gradually becoming popular for various reasons. Below, we highlight some factors contributing to their growing popularity.

Easy and user-friendly: You don’t have to go through a complicate procedure to get started on these platforms. Everything is simple. Also, the casinos feature straightforward websites, making them pretty user-friendly. With this, you start playing with few or no challenges even if you are a first-time gamer.

Saves you time: In some casinos, the registration process is long. Sometimes, this can be tedious and trusting especially if all you want to do is play a game or two. Thanks to no deposit casinos, you can evade the lengthy sign-up process. You just fund the account and start playing. Besides that, with a no account casino, you can save your progress. You pick from here and continue your gaming.

Friendly bonus terms: One thing you can’t ignore about these sites is that they have non-complicated bonus terms. A majority of casinos that require registration have unrealistic conditions like high wagering requirements. You can avoid this by choosing no account casinos.

Privacy of your contact information: Most casinos ask you for your contact details such as email or phone. Some casinos take advantage of this to send you endless emails and SMS about their promotional offers. Honestly, this can be frustrating. Based on this, you can see why no account casinos are great.

Mobile friendly: So far, almost all no account operators are optimized for mobile gaming. Players mostly favoured by this are those using iOS or Android devices. If you have a device that falls under any of the categories, you can enjoy gaming on the move.

Fast transactions: No deposit casinos usually process deposits and withdrawals instantly. This is unlike other casinos where a withdrawal can take as long as seven working days. The operators ensure you get to enjoy your winnings a short while after withdrawing them.

Safety and privacy: This is one of the greatest benefits of no account casinos. When you choose such a platform, you won’t be expected to provide your information to access a casino. Plus, provided you settle on a secure banking option you will never find yourself worrying about your safety. As such, you get to enjoy games anonymously. Nonetheless, in some jurisdictions, anonymous gaming may be impossible.

How a No Account Gaming Website Works

The idea behind these casinos is the current-day advanced banking system. The gaming sector focus is to leverage the technology used in online banking to eliminate the need for repetitive signing in to acquire a player’s information. The process is simple, and here is a breakdown:

  1. For starters, you have to find a legit no account casino. If you are not sure what to look for, consider things like licensing, banking methods, and security measures.
  2. Next, select how much to deposit.
  3. Your casino will assign you a form of identification, such as a username.
  4. Once your deposit reflects, you are all set to start enjoying your favourite games.
  5. For subsequent logging in, you use the username the casino assigns you plus the password you create.

Are the casinos worth your time and money?

The advantages of no account casinos are several. First, they provide you with high levels of privacy by making sure very little of your details are left behind. Also, they help you save time you would have spent during registration.

Again, the reliability of depositing and withdrawing is unsurpassed. You deposit or cash out fast through safe methods. Currently, most casinos only accept banking through Trustly, whish a secure eWallet.

Considering no account casinos never ask for personal data, you can enjoy gaming anonymously. On top of that, if you play at no account casinos, random emails with promotional offers will become a thing of the past.

Advertisement

Kasynos.Online




PINUP CASINO
Click to comment

Latest News

INTRALOT announces strong EBITDA growth +29.2% y-o-y and positive Earnings after Tax at €3.1m in 1Q23

Published

on

Reading Time: 5 minutes

 

INTRALOT SA (RIC: INLr.AT, Bloomberg: INLOT GA), an international gaming solutions and operations leader, announces its financial results for the threemonth period ended March 31st, 2023, prepared in accordance with IFRS.

OVERVIEW

  • Group Revenue at €89.5m (8.4% yoy).
  • EBITDA at €33.7m (+29.2% yoy) in 1Q23, with EBITDA margin reaching 37.7% from 26.7% in 1Q22.
  • LTM EBITDA at €130.5m, up by 6.2% vs. FY22.
  • Substantial growth in our US operations (Revenues +13.1%, EBITDA +31.6% yoy).
  • EBT in 1Q23 shaped at €10.9m vs. €2.3m in 1Q22.
  • NIATMI (Net Income After Tax and Minority Interest) at €3.1m, vs. €5.7m a year ago.
  • Operating Cash Flow at €37.2m in 1Q23 (+115.3% yoy).
  • Group Net CAPEX in 1Q23 was €7.2m.
  • Group Cash at the end of 1Q23 at €109.2m, €6.8m higher vs. Dec22.
  • Net Debt at €471.6m at the end of 1Q23, lower by €18.9m vs. Dec22 and €29.0m vs. 1Q22.
  • Net Debt/ LTM EBITDA at 3.6x in 1Q23 vs. 4.0x in FY22.

Group Headline Figures

INTRALOT Chairman & CEO Sokratis P. Kokkalis noted:

We are extremely proud of first quarter robust organic Ebitda growth of 29% and a return to Net Earnings, along with healthy cash flows and significant reduction of Group Net Leverage Ratio down to 3.6x, providing additional momentum to INTRALOT’s successful turnaround story as a result of our consistent efforts in the past few years. With healthy financials and new technical capabilities offered through next generation solutions for Lottery digital transformation, in both the retail and online worlds, we look forward to timely addressing upcoming maturities, further improving our capital structure, and implementing an ambitious plan for strong and sustainable growth in the US and key markets around the world, creating value for all stakeholders.

OVERVIEW OF RESULTS

REVENUE

Although the reported consolidated revenue posted a decrease compared to 1Q22, leading to a total revenue for the threemonth period ended March 31st, 2023, of €89.5m (8.4%), excluding the impact from the discontinuation of Malta license, underlying revenue from continuing operations increased by 17.5%.

  • From a contribution perspective, Lottery Games remain our largest contributor to Group turnover with a share of 60.4%, followed by Sports Betting with a share of 17.5%, VLTs monitoring with a share of 12.5%, Technology contracts with a share of 9.5%, and Racing with a share of 0.1%.
  • Reported consolidated revenue for the threemonth period is lower by €8.2m year over year. The main factors that drove top line performance per Business Activity are:
    • €20.4m (64.5%) from our Licensed Operations (B2C) activity line with the variance driven by:
      • Lower revenue in Malta (€21.5m) due to the license expiration early July 2022 and
      • Higher revenue in Argentina (€+1.1m or +10.9% yoy), driven by local market growth. In local currency, current year results posted a +104.5% yoy increase.
    • €+6.3m (+11.4%) from our Technology and Support Services (B2B/ B2G) activity line, with the variance driven by:
      • US operations’ increased revenue (€+4.6m or +13.1% yoy), mostly driven by the growth in Numerical and Instant games, further affected by the EUR depreciation (4.3% versus a year ago – in average terms) and
      • Higher revenue from rest jurisdictions (€+1.7m or +8.6%).
    • €+5.9m (+54.2%) from our Management (B2B/ B2G) contracts activity line with the variance driven by:
      • Strong momentum of our Turkish3 operations (€+5.8m), driven by Bilyoner’s improved performance, favored by the growth of the online market. In 1Q23, the local Sports Betting market expanded close to 2.2 times yoy. Performance in Euro terms was partially mitigated by the headwinds in Turkish lira (+28.1% Euro appreciation versus a year ago),
      • Higher revenue from our US Sports Betting contracts in Montana and Washington, D.C. (€+0.1m) and
      • Steady performance in Morocco.

GROSS GAMING REVENUE & Payout

  • Gross Gaming Revenue (GGR) concluded at €83.4m in 1Q23, posting an increase of 4.5% (or €+3.6m) year over year. The improved performance across most key regions managed to absorb the loss of sales from Malta and the higher payout ratio in Argentina (67.7% yoy on wagers from licensed operations4). 1Q23 Payout Ratio5 was higher by 3.5pps vs. 1Q22 (62.4% vs. 58.9%).

OPERATING EXPENSES & EBITDA

  • Total Operating Expenses marginally increased by €0.9m (or +3.9%) in 1Q23 (€22.7m vs. €21.8m) driven by the improved topline performance in USA and Turkey
  • Other Operating Income from continuing operations ended at €7.8m presenting an increase of 37.0% yoy (or €+2.1m).
  • EBITDA amounted to €33.7m in 1Q23, posting a doubledigit growth of 29.2% (or €+7.6m) compared to 1Q22. The main drivers underpinning this performance are attributed to the strong growth in our US operations and the boosted performance in Turkey.
  • On a yearly basis, EBITDA margin on sales climbed to 37.7%, from 26.7% in 1Q22 (+11.0pps).
  • LTM EBITDA stands at €130.5m, up by 6.2% vs. FY22.

EBT / NIATMI

  • EBT in 1Q23 amounted to €10.9m compared to €2.3m in 1Q22, largely driven by the significant EBITDA contribution, the improved results from participations and investments, the gains on net monetary position and the benefit from the lower D&A.
  • NIATMI in 1Q23 concluded at €3.1m compared to €5.7m in 1Q22.

CASH FLOW

  • Operating Cashflow in 1Q23 amounted to €37.2m, increased by €19.9m, compared to 1Q22. The positive impact arising from the higher recorded EBITDA yoy and the favorable working capital movement was partially offset by the negative variance in tax payments.
  • Net CAPEX in 1Q23 was €7.2m, higher by €2.9m compared to 1Q22, with US projects consuming most of the CAPEX needs.
  • Net Debt, as of March 31st, 2023, stood at €471.6m, decreased by €18.9m compared to December 31st, 2022. Robust cash flow generation supported the continued deleveraging, with Net Debt / EBITDA dropping to 3.6x in 1Q23, from 4.0x in Dec22. Positive gross debt movements include the capital payments towards the Term Loan in US, the lower interest accrued in comparison with Dec22 and the positive FX impact on our USD denominated debt.

OUTLOOK/RISKS

The Company Management identifies significant opportunities in the growth of the Lottery and Sports Betting online markets and the expansion of regulated ilottery markets, as well as from the recovery from the implications of the recent pandemic. Combined with the evolution of INTRALOT’s new technological solutions for Lottery digital transformation, the Company is in position to capture more technology projects with an increased profit margin compared to previous years.

World economies continue to navigate through macroeconomic uncertainties, with interest rates at high levels and relatively slow economic growth.

Increased interest rates have a direct impact on the financing servicing costs of the Intralot Group, while the outlook indicates that central banks may start to ease their monetary policy by the end of 2023.

nflation is declining more slowly than expected, having strong impact on most of the industries and regions. However, the gaming industry seems to be more resilient than other sectors of the economy, presenting above average growth in most regions.

The Management of the Company closely monitors geopolitical and economic developments and is ready to take all the necessary measures for protecting its operations.

Continue Reading

Latest News

Gaming Innovation Group – Issue of new shares

Published

on

Reading Time: < 1 minute

 

Gaming Innovation Group Inc. (GiG) has today issued 1,777,873 new shares of its common stock for the earn-out consideration in connection with the acquisition of Sportnco Gaming SAS (“Sportnco”), ref. GiG’s 2022 Annual Report and Exemption Document dated 13 July 2022. The earn-out consideration for Sportnco’s performance in 2022 were EUR 8,495,280 whereby 50% has been paid in cash and 50% in shares. The shares have been issued to the former shareholders of Sportnco at a share price of NOK 27.60 for a total consideration of EUR 4,247,640.

In addition, GiG has today issued 39,650 new shares of its common stock in connection with exercise of options, whereof 25,000 shares at a share price of NOK 15.00 per share and 14,650 at a share price of NOK 22.00 per share. Included are the 25,650 options exercised in April, ref announcement on 11 April 2023.

The new shares are issued by the Board of Directors under the Company’s 150,000,000 authorized shares, and the Company confirms that the new shares have been duly authorized by all necessary corporate actions and that the new shares have been fully paid and validly issued. The Company’s share capital has increased from USD 127,132,038 to USD 128,949,561, and the number of outstanding shares has increased from 127,132,038 to 128,949,561 (par value USD 1.00). In addition, a total of 2,732,950 options are outstanding as of today.

Continue Reading

Latest News

R Franco Digital Embraces the Wild in Buffalo Park

Published

on

Reading Time: < 1 minute

 

R Franco Digital, Spain’s leading gaming provider, is inviting players to conquer the prairies in its latest slot release, Buffalo Park.

Taking players on a 5×3 reel adventure, the game’s slick environment depicts a wild North American national park as buffalo stampede. With eagles, wolves, bears and buffaloes as the game’s iconic symbols, players must form matching combinations in the base game, while wilds appear in the form of the park’s gate and can substitute for other symbols on the board to help secure a win.

Meanwhile, national park symbols on the gameboard have a different award attached to each, including instant cash prizes and jackpot rewards. When the park ranger appears, these can be collected, massively increasing the win potential.

The free spins game is activated by landing three or more scatter symbols in the form of campfires. This activates eight free spins, made more lucrative through the rewarding national park symbols which appear frequently throughout this round.

Buffalo Park offers a high-intensity and action-packed game that underpins the studio’s dedication to consistently producing gaming content that adds value and innovation to the market, hot on the heels of the recently-released Spain-inspired Toreador.

“Inviting players to become the park ranger, our latest slot is a unique take on the North American prairies,” the Director for R Franco Digital, Javier Sacristán Franco, said. “With an emphasis on special symbols, it is a highly engaging title that captures interest from the first spin, offering the chance to win impressive prizes, substituting scatters and the exciting free spins game. R Franco Digital always aims to create unique experiences that provide a new form of entertainment and we believe we’ve certainly succeeded with Buffalo Park.”

Continue Reading
Advertisement

GambleDex

Trending

Get it on Google Play

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +110,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2022 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

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