Latest News
Paf Takes Steps to Limit Loss in Another Difficult Year
Paf, a state-owned gambling company based in the Aland Islands of Finland, is bracing to face another difficult year, as it financial results show. Last year was a difficult year for the company, as the company could not fully operate for for the bulk of the year, owing to the Covid pandemic.
Paf’s Land and Ship operations suffered a revenue decline of 59%. Revenue from internet operations too declined due to cancelled sporting events. The company implemented a policy of lowering revenue from its biggest players as well, which further affected the revenues.
Paf’s CEO Christer Fahlstedt commented:
“If we look at our openly published customer segments for Paf.com, we can declare that we have now completely stopped taking revenue from the ‘high rollers’. This is an important turning point in our pursuit of sustainable revenues.”
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Inspired Entertainment Refreshes Long-Term Partner OPAP’s VLT Offering with Launch of 4000 Valor Slant and Vantage Machines
Inspired Entertainment Inc. has announced the upgrade of 4000 Video Lottery Terminals (VLTs) for its long-term partner, OPAP, Greece’s leading gaming company. As OPAP’s largest VLT supplier, with more than 9400 machines already in the market, Inspired will provide 4000 of its latest VLTs, including the global launch of the innovative Valor Slant VLT.
The Valor Slant is a standout addition to Inspired’s successful Valor family, designed exclusively for the Greek market, aiming to deliver an exceptional gaming experience. Featuring dual 32-inch HD screens, it combines stunning visuals with advanced technology and immersive sound, creating an unparalleled gaming environment. The Valor Slant complements OPAP’s VLT product range, joining the already proven and high-performance Valor and Vantage cabinets.
“OPAP has been a valued partner for Inspired, and we are thrilled to strengthen this collaboration. The introduction of the Valor Slant, along with the addition of Vantage cabinets, provides OPAP with an ideal range of VLTs that cater to player preferences,” said Brooks Pierce, President and CEO of Inspired.
“The refreshment of our VLTs fleet is a priority for OPAP. Our goal is to always meet and exceed customer expectations, offering them state-of-the-art machines and engaging new games, which allow us to always be one step ahead. Therefore, we are pleased to be cooperating with Inspired Entertainment for the introduction of their innovative Valor Slant cabinets and the expansion of our Vantage machine lineup,” said Jan Karas, Chairman and CEO of OPAP.
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Red Bull Wololo: El Reinado 2024 Crowns its Victors!
- After an intense battle, champions have emerged victorious at Red Bull Wololo: El Reinado 2024, held at the majestic Castillo de Almodóvar del Río in Spain!
- Claiming victory over the weekend, Hamzah “Hera” El-Baher, Alexis “MarineLorD” Eusebio, Themistoklis “TheMista” Bonidis and Nguyễn “Chim Sẻ Đi Nắng” Đức Bình were crowned
- The tournament featured some of the best global talent, with Riley Knight and Salome “Soe” Gschwind-Repp taking up the mantle as tournament hosts
- As the official partners of 2024, AGON by AOC, AMD and Backforce delivered the ultimate gaming experience for players
After a tournament of breathtaking battles and fierce strategy, champions have emerged victorious at Red Bull Wololo: El Reinado 2024, claiming titles across four legendary Age of Empires games in front of a roaring crowd at the iconic Castillo de Almodóvar del Río. In one of the most epic Age of Empires showdowns in recent history, these skilled strategists conquered a star-studded field of global competitors to etch their names into the annals of Wololo history.
The champions of Red Bull Wololo: El Reinado 2024 are:
- Age of Empires I: Nguyễn “Chim Sẻ Đi Nắng” Đức Bình
- Age of Empires II: Hamzah “Hera” El-Baher
- Age of Empires IV: Alexis “MarineLorD” Eusebio
- Age of Mythology: Retold: Themistoklis “TheMista” Bonidis
Following edge-of-your-seat matches, these four players reigned supreme across AoE I, AoE II, AoE IV, and Age of Mythology: Retold. Their triumphant journeys through the castle’s medieval courtyard, a setting befitting the Age of Empires saga, culminated in stunning grand finales that captivated fans both live and online.
The seventh edition of Red Bull Wololo saw Age of Empire II champion, Hamzah “Hera” El-Baher, battle against a fiercely competitive roster to claim a well-deserved victory. Facing down 2021 champion Ørjan “TheViper” Larsen in a thrilling grand final, the pair’s display of brilliant strategic play, showmanship and impressive skill saw that the fight for the crown remained intense until the final moment.
Age of Mythology: Retold also made its competitive debut at Red Bull Wololo: El Reinado 2024, adding a mythical twist to the tournament. Themistoklis “TheMista” Bonidis claimed the title of inaugural champion, demonstrating exceptional skill and bringing glory to their chosen god. In Age of Empires I, Nguyễn “Chim Sẻ Đi Nắng” Đức Bình emerged victorious after a fearsome showdown against Đỗ “Xuân Thứ” Thứ, while the Age of Empires IV grand final saw Alexis “MarineLorD” Eusebio crowned.
The tournament, hosted from October 3rd-6th, welcomed a blend of seasoned professionals and rising stars, all seeking to prove their dominance across the Age of Empires universe. As the newest champions of the esteemed Red Bull Wololo series, these players lay claim not only to prestigious titles but also global recognition among Age of Empires dedicated community.
This year’s edition, Red Bull Wololo: El Reinado, took place in the breathtaking surroundings of the Castillo de Almodóvar del Río in Cordoba, Spain, an immersive location that added an extra layer of grandeur to the competition. The incredible event saw players face off in LAN battles within the castle walls, with a live audience of fans witnessing thrilling culminations of in-game ranked ladder champions, online qualifiers, and invited elite players. The final stage of the competition saw intense matchups that had the audience on the edge of their seats.
The Red Bull Wololo series has long been the gold standard for Age of Empires esports. Now, with its seventh edition complete, the tournament continues to elevate the competitive scene. Supported by industry-leading partners, including AGON by AOC, AMD and Backforce delivering the ultimate gaming experience for players, Red Bull Wololo: El Reinado was an unforgettable spectacle.
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Golden Matrix Group Showcases Expanded Portfolio and Proprietary Technology at G2E Las Vegas 2024
Golden Matrix Group Inc. (NASDAQ: GMGI) is participating in the 2024 Global Gaming Expo (G2E), held at The Venetian Expo in Las Vegas, Nevada from October 7 to October 10, at booth #5130.
This will be GMGI’s inaugural participation at G2E as a combined entity with Meridianbet. At the event, GMGI will present an updated B2B network, emphasizing its state-of-the-art proprietary software, including the unveiling of the brand-new Atlas System, a fifth-generation core system solution that supports both sports betting and iGaming.
The new technology helps position GMGI among the top 5% of global industry players with wholly owned proprietary software.
Meridianbet, a renowned global sportsbook and iGaming operator, and Expanse Studios, GMGI’s wholly owned iGaming content developer, will both be showcased at the booth under the unified GMGI banner. Together, the entities will demonstrate the strength of their collaboration following their acquisitions by GMGI, leveraging their complementary strengths to build global brand awareness and delivering cutting-edge solutions to both operators and players.
Visitors to the booth will experience the newest innovations firsthand, including:
- Meridianbet’s B2B Offerings: A comprehensive and updated portfolio of B2B solutions featuring Meridianbet’s proprietary Atlas core system and state-of-the-art AI player recommenders, which deliver next-generation iGaming and sports betting capabilities; and
- Expanse Studios’ Latest Games: A preview of Expanse Studios’ new crash games and social casino content, aimed at driving engagement and expanding its presence in both regulated and social gaming markets.
In addition to product showcases, GMGI is set to hold a series of high-level meetings with key industry stakeholders, potential business partners and market analysts. These discussions are aimed at identifying strategic opportunities and further enhancing GMGI’s growth trajectory in key regulated markets while strengthening the Company’s position in the global gaming industry.
As part of its ongoing global expansion, Meridianbet has been shortlisted for a highly anticipated sports betting and iGaming license in Brazil, further expanding GMGI’s footprint in this critical growth market in South America, in addition to the firm’s robust presence in Africa and Europe.
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