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EGT and Grupo Gran Madrid Team Up for a Unique Gaming Experience

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EGT and Grupo Gran Madrid Team Up for a Unique Gaming Experience
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EGT and its subsidiary EGT Multiplayer have reached another milestone in the gaming market of Spain together with their proven in performance partner – the highly respected operator Grupo Gran Madrid. The companies launched the S-Line series of multiplayer terminals and presented it to the local gaming audience with the model S32, connected to an automated roulette center and equipped with the KING R multigame that may also support a live roulette.

“Grupo Gran Madrid is committed to offer to its customers the best gaming experience through innovation in its different channels. EGT’s portfolio brings variety and value to our casinos, so it is a pleasure to premiere the latest S32 roulette terminal. We are confident that it will be a great success,” Sergio Rupérez, head of product retail – online at Grupo Gran Madrid, said.

Following the expectations of the operator, the EGT Multiplayer’s product immediately provoked the players with its stylish, standing-out design and piqued their interest, generating a myriad of positive comments from its first day of action in Spain. The terminal is initially installed in Casino de Colón with upcoming plans to enter also the rest of the operator’s establishments, provided that it keeps its rising performance. Most appreciated by the casino’s guests are its user friendly navigation, comfort and fresh and distinctive look.

“The S32 is by far our most successful product and our definite bestseller for 2020. Nowadays it has been widely installed in Latin America, Europe, Asia and Africa and the operators’ interest for it is ever growing. Its unique performance in Spain, in an establishment of the rank of Casino de Colón, is another source of pride for us, moreover this specific project took us and our colleagues from EGT Spain almost a year to develop. We thank to our client for the given opportunity to show the potential of a product, based on a simple and clear concept, but winning the hearts of the players almost instantly,” Borislav Marinov, Sales & Marketing Director of EGT Multiplayer, said.

“We have been working for years with Grupo Gran Madrid and have established our partnership on mutual trust and proven results of our previous slot installations that included the renown Super Premier, Super Premier 75, P-24/24 Up, P-42V St Curved, Egypt Quest, as well as of the agreement we have for our interactive games. Now we have made another step forward in players’ satisfaction with the S32. It is just the beginning of the S-Line journey in Spain, but it paves the way for a very strong 2021 in terms of further deliveries of the EGT Multiplayer’s roulette terminals. We are looking forward to accomplishing all these exciting projects,” Kristian Kostovski, director of EGT Spain, said.

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Digitain’s Fast Games Receive Go-ahead from MGA

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Digitain has been granted a licence by the Malta Gaming Authority (MGA) for its full range of Fast Games.

The MGA license is widely considered one of the most respected in the world. Holding this license is a vote of confidence that the operator is transparent, fair, honest and operating within EU rules. If an operator has been granted the Malta Gaming License, it is assumed and understood they have satisfied a series of intensive, tough and thorough tests.

Hayk Sargsyan, Gaming Product Manager of Digitain, said: “The MGA license opens new perspectives for our Company on the way to achieving our goals.

“In 2022, our Fast Games will benefit from dedicated promotional activity at ICE in London and we believe the MGA license will help us cement new business with potential partners for this suite of innovative games.”

Earlier this year, Hayk Sargsyan talked in an exclusive interview with Focus Gaming News over the growth of fast games. “Our aim is to deliver a stream of fresh, entertaining and engaging content to our partners and customers,” Sargsyan told Focus Gaming News.

One area where Digitain’s studio is taking strides is fast games, which Sargsyan sees as a major growth area due to customers’ desire for a quick escape.

“Based on our research fast games are gaining more popularity among players worldwide as people with the intention to enjoy their free time tend to enjoy games that don’t really need much skill,” he said.

Sargsyan sees a need to keep things as simple as possible for new players but has also decided to develop games such as blackjack and roulette in the near future.

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Industry News

Better Collective Appoints Pernille Holbøll as Senior Director of Group Media & Branding

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Better Collective AS has announced the appointment of Pernille Holbøll as Senior Director of Group Media & Branding.

Holbøll will join Better Collective senior management from 1 March 2022, as she finalises her duties as Editor-in-Chief of Danish tabloid newspaper Ekstra Bladet.

A figurehead in Danish media and journalism, Holbøll has formerly served as Head of News Publishing for MetroXpress and Managing Editor of TV2 Denmark.

Better Collective disclosed that it had created a new position for Holbøll, that will see her charged with spearheading the global media profile and brand coverage of the publisher’s multi-brand portfolio.

Holbøll will take leadership of Better Collective’s media development, as the company seeks to aggressively expand its US sports profile and enhance its standing within the new vertical of esports.

“Better Collective’s story is simply impressive. It is a very ambitious Danish listed company with a global presence and their biggest victories ahead of them. At the same time, they have a progressive strategy, which I strongly believe in,” Holbøll said.

“I’m really looking forward to being part of the team. It is also a conscious industry change for me, so it is also with great humility that I now have to test my skills in a new industry, where my experience with management, digitization and media must be used to build on the company’s ambition to make igaming entertaining, transparent and fair,” she added.

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Industry News

Scout Gaming Publishes Q3 2021 Results

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Scout Gaming has published its results for the third quarter of 2021 (Q3 2021).

Extract from CEO Andreas Ternstrom’s commentary to the Interim Report.

“During the quarter, we have worked intensively to launch our tier 1 clients. An example is Norsk Tipping, which now has launched Fantasy Sports games for real money. After the end of the quarter, we launched Fantasy e-sports with Razer and we will launch with ATG before year-end. These tier 1 clients will generate growth during 2022 and beyond. Launching tier 1 customers is the most important cornerstone of our strategy.

“The operator index was unchanged compared with the previous year, which is primarily due to a very strong development during the third quarter of 2020 when the Group benefited from the condensed calendar of sporting events after Covid-related disruptions – there have not been as many fantasy-related, playable events in the third quarter. Compared with the third quarter of 2019, the index increased by 168 percent.

“Revenues were negatively affected in relation to last year for the reasons mentioned above. As a result, however, we had lower marketing costs during the quarter, which in turn resulted in an improved EBITDA compared to the previous year. This in turn shows the flexibility of our underlying business and that the work of optimizing our marketing costs is functioning.”

Highlights

Quarter July – September 2021

  • Revenues were mSEK 12.2 (15.0), a decrease with 19% compared to corresponding year.
  • EBITDA improved to mSEK -6.3 (-11.6).
  • Net result was mSEK -11.9 (-13.4)
  • Earnings per share amounted to SEK -0.6 (-0.7)
  • Operator trading index (which illustrates the underlying client activity) was 2,410 (2,421).
  • Scout Gaming conducted a directed share issue of approximately 2 million shares on a subscription price of 27 SEK, amounting to mSEK 54.
  • Subscribers were Ellerston Capital Limited, Topline Capital Partners LP, Lupus alpha Investment GmbH, Scobie Ward (SWIM Capital), Knutsson Holdings AB and Provobis Holding AB.
  • Scout Gaming has launched its fantasy software in a “social gaming” version.
  • Regarding the above platform, Scout Gaming has signed 3 agreements in the US market, Masters Cup Series, a billiard tour in the US, Skylands Events and University Sports & Entertainment regarding the baseball league “Frontier League” and “eFangage” with Backal Hospitality Group, where the product will be used as a gaming platform for the relationship between sport bars / restaurants and their visitors.

Interim period January – September 2021

  • Revenues amounted to mSEK 39.5 (30.0)
  • EBITDA amounted to mSEK -34.6 (-33.4)
  • Net result amounted to mSEK -38.1 (-40.7)
  • Earnings per share amounted to SEK -1.7 (-2.3)
  • Events after the period ended
  • Scout Gaming has launched Betano (part of Kaizen Gaming) in Brazil.
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