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NSoft: Doing Business in Q1 2021: COO overview

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NSoft: Doing Business in Q1 2021: COO overview
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In the first quarter of 2021, NSoft’s business operations marked growth in all the key areas despite the global COVID-19 pandemic and lockdowns. 

By Dražan Planinić, NSoft COO

 

Our overall business turnover grew by 13% compared to Q1 2020, with online being the stronghold of the business with 59% growth in Q1 2021. There was an exceptional growth on our Sportsbook software – the online traffic doubled compared to the same quarter last year.

The best performing product in the total number of tickets was Live Sports Betting solution  on online/mobile on every market, with a turnover increase of 75% in Q1 2021 compared to Q1 2020.

The teamwork and commitment of all of us are showing their strength. We have always been known for a strong sense of community within the company and strong ties to the customers. We see them as our long-term partners with whom we thrive together.

In the long run, our primary focus is a further development of the betting game portfolio and new features of the existing betting solutions, entering new markets, and quality over quantity.

Where software meets hardware

The biggest hit that marked Q1 2021 is the finalisation of the merging process of STARK Solution to NSoft. Internally, this change straightens our position in terms of the workforce as well as financially as it adds another stream of revenue – and it’s a quite valuable one. A manufacturer of premium betting terminals, STARK added a high-quality hardware component to our diversified betting and gaming software development business for the betting and gaming industry. This is the definition of being an omnichannel supplier!

Despite the lock-down, the new normal, pandemic, land-based business will thrive. Our pole position gives our partners and us tremendous flexibility in planning and business dynamics. NSoft-STARK synergy has generated great deals in the first three months of 2021. Despite the numerous problems caused by the pandemic: restrictions on travel and transport, closing of retail shops, we managed to deliver our terminals to Poland, Croatia, Belgium, Germany, Romania, Serbia, Montenegro among others.

New strongholds, new customers 

A few crucial projects were running simultaneously in Q1 2021 although there are still travel restrictions caused by the lockdown.

The first quarter marked the entering into four new markets and acquisition of 14 new clients from France, Central African Republic, Dominican Republic, Turkey, and few others. Word of mouth is strong even without physical presence, trade shows, and very limited travelling options. This shows our strength and the power of our brand.

We’re at the forefront of new markets and at the same time strengthening our presence and working on new projects in the traditionally strong CEE market.

Tech improvements, new offering and features 

Q1 2021 was very hectic when we talked about new products and new features. We have updated our internal processes from the tech side and introduce even more strict security rules and policies. This activity is part of our regular work in this field. We regularly perform stress tests as we understand the importance of this business aspect and the impact not just on us but also on our clients.

Lightning games

In Q1 2021, the Lightning games have seen the light of the day. This addition to the portfolio was a logical step in the overall strategy dedicated to enhance online channel offering.

They were developed to provide online players with a better user experience and give our partners the flexibility to place them into virtual or casino categories. The possibility of putting them in both categories: virtual games and casino games is something which our partners highly praised.

Lightning Lucky Six and Lightning Roulette are faster and simplified versions of our popular games, which have been on the throne of our product offer for a long time thanks to great user experience and wide acceptance of the products.

Lottery

NSoft Lottery is also a novelty in our product range. With this product, we wanted to satisfy players who like to bet on real lottery draws worldwide. So, we have a full solution based on Betradar’s Unified Odds Feed on over 6,500 events per week from over 30 countries.

NSoft Slots – the all-new exciting world of games 

We are incredibly proud of the fact that we have mapped the road for entering the world of slots. NSoft Casino is a novelty that we want to present for the first time to our partners, who have so far only been able to integrate various casino games on our platform. Now, we can boast with our in-house slot games that will be on the market soon, but we’ll talk more about that in the Q2 of 2021.

Boosted NSoft Sportsbook Platform

We have raised the Sportsbook Platform to a new level on all channels with new functionalities, and we continue with the Cash Out feature. Cash Out is a must-have, and the existing clients have already upgraded the Sportsbook to a new UX version that includes it.

In retail, we are still one step ahead of our competition and have brought our retail solution to perfection. We’re following the same steps to reach the same level on all other delivery channels. With remote device manager, we are offering a sportsbook software solution for land-based operators like no other on the market.

NSoft Vision

Our AI boosted video management system for surveillance and business analytics is not a rising star any more. It is a mature product, market-ready with a small but steadily growing client base and a strong reseller and partner base. New features, new experts working daily on improvements and expansion to the European market made a lot of buzz around NSoft Vision.

Q1 result predicts a very successful year

Even after the first quarter, we can recognise the global direction results we are aiming for. We are investing in cooperations with other platform providers such as Playtech, iSoftBet, EveryMatrix, Blue Ocean Gaming, Oryx and many others.

The business growth and the team morale keep us going. We are finishing a new round of the onboard process for our new 20 colleagues with 13 more to join our team in the following days. New people always bring new ideas and energy, so we are looking forward to an exciting summer with EURO 2020. New normal is different for anyone, and our is: keep up, go strong, do smart!

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CreedRoomz introduces a new show game called Richie Roulette

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CreedRoomz introduces a new show game called Richie Roulette
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Adding new excitement to the industry, CreedRoomz by BetConstruct is presenting a new twist on standard roulette with the launch of the Richie Roulette game.

The rules of the game are quite simple. The player wins if the ball covers the number on which the bet was made. In order to attract as many players as possible, the game allows a Straight Up bettor to multiply the win by at least 15x-1,700x by buying up to 10 chances from 49 gold bricks called STARs that appear after the main betting time. To further spice up player engagement, the game offers one free STARs chance.

The show game features a variety of betting options, attractive gameplay, and a user-friendly interface that will be convenient for both beginners and experienced players.
The new addition of Richie Roulette to CreedRoomz’s diverse gaming portfolio is aimed at contributing to profits of operators who own live casino businesses. The game provides significant opportunities for revenue growth and long-term success.

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New website for Reflex Gaming

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New website for Reflex Gaming
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Reflex Gaming, an omni-channel games supplier based in the UK, has unveiled its new website. 

The new website has been re-designed to offer a clean and modern look and offers a user-friendly experience with improved navigation and functionality while allowing customers to get a sense of the company’s growing gaming portfolio.

New features will help users to navigate the site quickly and easily.   Among them:

Information about different machines and the Slingshot platform. 

Game details, including gameplay videos, to assist affiliates and operators in gathering key information. 

Easily contact Reflex Gaming’s technical support team – previously, customers were required to sign up, then get verified, before they could make contact online for support. This step has been simplified.  

Visitors can access our latest news, including game launches, press releases, and company updates.

Quentin Stott, MD of Reflex Gaming, said, “We started this project with the goal of updating and refreshing the look and feel of the website, as well as making it easier for our clients to find key information.

“We overhauled the old website to include design enhancements, usability and speed improvements, and other features that will enhance the overall browsing experience. We are very proud of our new site and hope our visitors feel the same.”

The website will be regularly updated with new games, blog posts and videos.

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PLANETPAY365 AND S.S. LAZIO PRESENTED AT OLYMPIC STADIUM THE PROJECT TO SUPPORT CHILDREN FROM SO.SPE NON-PROFIT ORGANISATION

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PLANETPAY365 AND S.S. LAZIO PRESENTED AT OLYMPIC STADIUM THE PROJECT TO SUPPORT CHILDREN FROM SO.SPE NON-PROFIT ORGANISATION
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The multiservice platform, partner of the Biancocelesti team, will give away a stage of the 2022 Summer Camp to 11 children from the So.Spe. charity

Football and solidarity took once again the stage at Olympic Stadium. On the occasion of Lazio-Verona, last Saturday, a Corporate Social Responsibility initiative was presented by PlanetPay365 – the multi-service platform owned by Planet Entertainment-SKS365 Group – together with S.S. Lazio and the non-profit organisation So.Spe.

The project was unveiled before the kick-off, where 11 children from So.Spe’s group homes received a special ticket, allowing them to participate in the S.S. Lazio 2022 Summer Camp. Thanks to the help of PlanetPay365, the selected children – boys and girls aged between 9 and 14 – will take part in the Abruzzo’s leg in Tagliacozzo (AQ) from the 3rd to the 9th of July. PlanetPay365 will allow them to enjoy the “Full camp” formula and each of them will receive a kit prepared together with So.Spe.

The aim of PlanetPay365 – which with this initiative extends its partnership with S.S. Lazio, in the corporate social responsibility field – is to give children from families in economic and social difficulty the chance to live a lifetime sport and training experience. The Summer Camp, in fact, are focused on football (under the guidance of trainers from the Biancocelesti youth sector), but in addition to training and matches they are also structured to allow children to have fun, make friends and live new experiences in a group, with a view to inclusion and respect for diversity.

The special guests of the Summer Camp went together with the footballers on the pitch, just before the match, and received a facsimile of an “entry ticket” to the summer camp. In addition, In June, an “Open Day” will also be held involving the children of the So.Spe family homes and the company’s employees: in this way, the company’s employees will be giving their contribution to the distribution of sports gadgets and other gifts, as well as organising recreational activities.

“The initiative with S.S. Lazio and the So.Spe Foundation marks the first stage of our global CSR project, which in the coming months will include many other initiatives in Serbia, Austria and Malta, where SKS365 has its offices”, said Brian Dean, Planet Entertainment’s Chief Executive Officer. “It is no coincidence that last Saturday – we celebrated World Day for Cultural Diversity for Dialogue and Development, a moment to reflect on inclusion and respect for differences. As a company with employees from many different cultures and dozens of different nationalities, the promotion of equality is a fundamental pillar of our mission, as well as the support for children in need, which we want to help through sport. We see sport as an opportunity to build new friendships, help children realise their dreams and give them hope for a better future. Through our CSR plan, we connect with local communities in the countries where SKS365 is present and, with the help of our partners and the commitment of our employees, we provide support and resources to make these children’s dreams come true. I sincerely thank the invaluable support and collaboration of So.Spe and S.S. Lazio and I firmly believe that this is just the first stage of a long and fantastic journey together”.

“In many years of activity with our foundation, this is the first time ever we have received such a gift” – said sister Paola, the nun founder of the So.Spe foundation. “Thanks to the PlanetPay365 initiative, 11 children of our community will be living this summer a unique and unforgettable experience, which I believe will have a great impact on their development and personal growth. I hope this is just the first of many other projects that will run together with PlanetPay365 and S.S. Lazio, with the goal to enable the dreams of these guys and help those less fortunate to make their aspirations come true”.

“Once again, the S.S. Lazio – said President Claudio Lotito – wants to concretely affirm the values of solidarity and respect for people, an ideal that has always been part of the Biancocelesti DNA. We want to do it by bringing together young people through sport, that has the power to break down every wall and difficulty. I wish great fun to the girls and boys who will be at the Summer Camp: may it be an educational experience for them, where they can develop serenity and lightheartedness and meet new friends. The smile and the desire to be together is something that should never be taken away from the youngest”, Lotito concluded.

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