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Scout Gaming kicks off second half year with multiple deals and sportsbook launch

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Scout Gaming kicks off second half year with multiple deals and sportsbook launch
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From June until now Scout Gaming has secured five agreements, of which four will be participating in the real money network. In addition, Scout has launched its Sportsbook on the first B2B client and is close to launching a previously disclosed collaborative venture with Razer Inc., the world’s leading life-style brand for gamers.

Scout Gaming, the world’s leading global provider of B2B Daily Fantasy Sports, Sportsbook, Fantasy betting and other related sport betting products has put pen to paper to several deals following this summer, of which four will be part of the world’s largest networked real money fantasy games, the Scout Gaming Network (SGN).

Recently, four new contracts with iGaming operators joining the network have been signed, out of which one operator has already gone live and two planned to launch before the end of the month. Last week a previously signed operator went live, making the total number of operators in SGN reach ten. With the addition of what is under integration, including Swedish market leader ATG, the number of SGN operators is expected to surpass fifteen by the end of year which would also mean that the number of SGN operators would then have doubled in less than 6 months.

Amongst the operators recently signed is Golden Matrix Group, a publicly traded Las Vegas based US turnkey content and white-label provider focusing on emerging markets. Another noteworthy addition is Olympic Entertainment Group, an Estonian licensed and regulated land-based and online casino operator who is currently number 1 online operator in Estonia, and top three in Baltics overall.

In addition to the growth of the real money network, Scout is bringing several new products to market. One of which is via a collaboration project with Razer Inc. the world’s leading lifestyle brand for gamers and innovator in the field of e-sports. The parties have collaborated in recent months to develop a mobile app(IOS/Android). Razer operates the world’s largest gamer focused ecosystem of hardware, software and related services and its roughly 150 million users will be able to enjoy Scout’s products by connecting their RazerID through the app.

A couple a weeks ago, the market leading Norwegian operator, Norsk Tipping went live with Scout Gaming’s software. They are currently under a beta-test for real-money-gaming which so far has met their expectations. It is the first time in eight years, a new gaming vertical for real money has been launched on the Norwegian market. Norsk Tipping are collecting customer feedback before going into a full market launch. We have long-term high expectations on Norsk Tipping to deliver substantial liquidity to SGN.

Adding to achievements, Scout has since 2019 been developing a Sportsbook on its proprietary tech stack, which entails setting up and growing an in-house odds trading and risk department. The Sportsbook via Fanteam.com and with the recent addition of live odds markets plus a long list of features planned in upcoming releases during the remainder of the year, the Sportsbook is now in the process of full commercialization.. In a given week the Sportsbook is covering roughly 20,000 betting markets spanning across 50+ international sports & leagues of which a sizable portion is attributable to Player Performance Odds also referred to as ‘fantasy bets’, unique betting markets only available via Scout Gaming. The first ‘full Sportsbook B2B client went live this month already taking bets via the Scout Sportsbook.

Andreas Ternström, Chief Executive Officer at Scout Gaming, said: “It’s with great pride when I recognize the rate at which our team is continuing to push boundaries. We continuously sign and launch operators at a rapid pace whilst executing on an ambitious roadmap. The level at which this company is bringing new products to life is one that I have never seen before. This is owed to the investments made in not only our own technology but the people that create it. It’s taken us a while to get here but in return we are building an extremely strong foundation for continuous growth over many years to come“

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Nazara announces five investments totalling INR 196 Crores to drive growth across Gaming and Entertainment

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Nazara Technologies Limited (BSE: 543280 | NSE: NAZARA), India’s only listed diversified gaming and sports media company, has unveiled a series of strategic investments aimed at solidifying its position in the gaming and entertainment ecosystems. 

Nazara has announced new Investments in Funky Monkeys & Learntube.ai

Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private Limited, a leader in indoor soft play centers for children, for INR 43.7 crores. Funky Monkeys operates 11 centers across India, offering interactive play experiences for children.

Co-founders of Funky Monkeys, Binita Putcha and Sanjay Ghadiali, said: “We are excited to join hands with Nazara, whose vision for digital and hybrid entertainment aligns closely with ours. With Nazara’s expertise and resources, we are confident we can scale Funky Monkeys and bring even more joy to children and families across India. We also see synergies with digital IP’s owned by Nazara such as Kiddopia and will work to maximise these opportunities”

Nazara will also invest INR 4.2 crores for a 4.7% stake in Learntube.ai, an AI-powered platform revolutionizing education with 1:1 interactive and gamified learning. Catering to over 20 lakh learners, LearnTube is the world largest personalised learning platform that offers affordable, interactive gamified learning experiences for professional skilling.

“LearnTube’s collaboration with Nazara is a bold step forward in reshaping professional learning and interactive media. We are excited to combine forces to lead innovation on a global scale,” said Shronit Ladhani, Co-founder, LearnTube.

Nazara has Increased its shareholding of existing companies

Nazara will invest INR 148 crores in its existing subsidiaries including Sportskeeda, Nodwin Gaming, and Datawrkz to increase its ownership in them and support their growth.

  • Nodwin Gaming: Nazara will invest INR 64 crores through subscription of Optionally Convertible Preference Shares to bolster Nodwin’s growth. The funds will support Nodwins expansion, enhance its intellectual properties (IPs), and strengthen its footprint in emerging markets.

  • Absolute Sports (Sportskeeda): Nazara will invest INR 69 crores to purchase shares arising from exercise of ESOPs from the Sportskeeda management to increase its stake to 100% in the company making it a wholly owned subsidiary.

  • Datawrkz: Nazara granted in-principle approval for an investment of INR 15 crores in Datawrkz through the subscription of Compulsorily Convertible Cumulative Preference Shares to support ongoing growth of Datawrkz

Speaking on these investments, Nitish Mittersain said: “Nazara is committed to building the largest diversified gaming and entertainment platform out of India and many of our initiatives announced today are geared towards propelling profitable growth in these strategic areas of our interest.”

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ProgressPlay Shortlisted in Two Prestigious Categories at The International Gaming Awards 2025

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ProgressPlay Shortlisted in Two Prestigious Categories at The International Gaming Awards 2025
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ProgressPlay, a leading platform in the iGaming industry, is thrilled to announce its selection as a finalist in the Safer Gambling Award and Innovator of the Year Award (Operator) categories at the upcoming International Gaming Awards (IGA) 2025. This recognition underscores ProgressPlay’s dedication to innovation, player protection, and excellence in iGaming operations.

The Safer Gambling Award nomination celebrates ProgressPlay’s proactive approach to promoting responsible gambling. The company has continually advanced its proprietary automated safer gambling tools, integrating cutting-edge AI-driven features to ensure operators and players remain in control and mitigate risks effectively. ProgressPlay has positioned itself as a trailblazer by prioritising player well-being in building trust and fostering a healthier gambling ecosystem while reducing compliance risks for operators.

Being shortlisted for Innovator of the Year (Operator) reflects ProgressPlay’s relentless pursuit of technological advancement as a B2B specialist within the iGaming industry. With a portfolio of groundbreaking solutions and an emphasis on user-centric design, the company has revolutionised how operators engage with their players. This category highlights ProgressPlay’s unmatched ability to combine technology, creativity, and market insights to deliver exceptional gambling experiences.

Marina Nahhas, Head of B2B Sales and Marketing at ProgressPlay, expressed her delight: “Being recognised as finalists in two categories by such a prestigious organisation is a testament to our team’s unwavering commitment to innovation and responsible gambling. At ProgressPlay, we don’t just follow trends; we set them while ensuring the safety and satisfaction of our operator cluster and their players remain paramount.”

The International Gaming Awards, known for spotlighting excellence and leadership across the global gambling industry, will host its gala event in London on February 5, 2025. This ceremony is set to welcome the brightest minds and most influential companies in the iGaming sector, celebrating innovation, responsibility, and operational success.

ProgressPlay is a leading iGaming platform provider, delivering fully managed services alongside white-label and standalone solutions. With an emphasis on innovative technology, player engagement, and responsible gambling, the company powers over 200 brands worldwide, offering a suite of premium gambling products and tools that drive sustainable growth.

ProgressPlay’s CEO Itai Lowenstein said: “ProgressPlay is honoured to be in the company of other industry leaders and looks forward to the opportunity to showcase its continued commitment to excellence at this globally renowned platform and at ICE Barcelona in January.”

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MGA Games presents Wild Snow Spin, a slot game with variable Free Spins set in the snowy mountains of Central Asia

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This new release from MGA Games, a leading provider of casino games in Spain, is a thrilling new game that beautifully combines excitement and nature. The game’s main character is the snow leopard, a majestic creature that serves as an Expanding Wild symbol. When the snow leopard appears, it not only captivates players but also enhances their chances of winning, adding to the excitement with every spin of the reels.

Wild Snow Spin is a 5×3 slot game featuring a Scatter symbol and the opportunity to access a variable Free Spins screen, depending on the number of accumulated counters. This enhances the player’s chances of winning big prizes and provides a unique, immersive experience—a virtual escape to the Asian mountains, all from the comfort of their mobile screen.

The game features a minimum bet of €0.10 and a maximum bet of €20, offering a maximum prize of €42,000. With its realistic graphics and an epic soundtrack, meticulously designed to capture the essence of the winter season, this game is sure to appeal to both slot game enthusiasts and nature lovers alike.

This new release features a rich collection of Asian wildlife-themed symbols: wolves, brown bears, and giant pandas all of which promise an untamed experience. Wild Snow Spin will be available at major online casinos in Spain and .com Markets from November 28th.

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