Latest News
Wazdan expands Volatility Levels™ capabilities
Wazdan, the global supplier of igaming products, has further grown the ability of its hugely popular Volatility Levels™ feature by offering casino managers an opportunity to set a default level for their players.
This allows operators to offer games with a default Volatility Level™ of their preference. For example, a casino can launch a product aimed at VIP players with high volatility, or low volatility for recreational players, all handled by the casino manager in cooperation with the supplier.
High volatility brings bigger wins but less often, and Low volatility ushers in more frequent but smaller wins. Players looking for a more balanced experience can use the Standard mode, where win size and frequency are locked in to provide a more level playing experience.
Volatility Levels™ also give partners more control over retention, with one game offering multiple gameplay options through its adjustable volatility, thus appealing to a broader base of players.
Giving command of volatility to casino managers allows operators to have three versions of the same game to hand due to the adjustable levels, ensuring they can offer a more diverse array of gaming experiences depending on player preference.
Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “We stand apart in the industry as the only supplier to offer games with three different levels of volatility. Now by extending that level of customization to Casino Managers, we’re able to bring added value to operators through this unique feature.
“Strengthening our relationship with operator partners is key, and this marks another positive step for us and our popular adjustable features.”
Wazdan’s Volatility Levels™ has recently been nominated for Industry Innovation of the Year at the upcoming SBC LatinoAmerica Awards.
Latest News
Can you handle the heat of Wasabi Wilds from Silverback Gaming?
Studio’s latest title promises big flavours and even bigger wins for players who take a seat at the chef’s table and sample his delectable delights including Expanding Reels and Wilds
Think you can handle the heat of some super-hot Wasabi? Then Silverback Gaming’s latest slot, Wasabi Wilds, is just the game for you.
Players come face to face with an expert sushi chef whose delectable delights pack a flavoursome punch thanks to plenty of glowing green wasabi.
Players take a seat at the chef’s table and watch as the magic of consecutive cluster explosions unravels a world of tasty treats and rewards.
This includes Expanding Grids and spicy Wilds which culminate in a scorching Wasabi Heat Bonus game which is triggered on the seventh cascade. Let’s take a closer look at some of these bonuses.
Wasabi Wilds – these really spice up the player’s wins. When they land, they stay for multiple Cascades and count down for more explosive rewards.
Wasabi Heat Bonus Games – this is where players get to feel the heat of victory. The game grid expands to 8×8 with players served seven free rounds where they can amass more Wasabi Wilds and Bonuses with each sizzling Cascade.
Hot Wasabi – this is where the reels get mouth-tinglingly hot. Hot Wasabi Wilds land and intensify wins by boosting Wild counters.
The RTP for Wasabi Wilds is set at 96.11% with the volatility set to high with a score of 4/5. The max win potential is 8,863x and players can bet from $0.10 per spin up to $20 per spin.
As with all Silverback Gaming slots, Wild Wasabi has been certified for launch in core European markets such as Italy and Malta as well as North American markets including Ontario, Michigan, Pennsylvania and New Jersey.
Katya Machuganova, Gaming Product & Partnership Manager at Silverback Gaming, said: “Get your tastebuds tingling with Wasabi Wilds. This is a visually striking game that sees the reels sizzle with Cascades, Wilds, Bonuses and of course, Wasabi.
“Cascade slots are hugely popular right now and with Wasabi Wilds, we’ve put a little twist on the format with the combination of Expanding Reels, Wilds, Multipliers and Free Spins.
“The design team has done an epic job of bringing this theme to life and I must say, this is one of our best-looking games to date.
“Combine this with a catchy soundtrack and Wasabi Wilds has all the ingredients of being a hit slot game packing plenty of flavour for those who think they can handle the wonderful Wasabi heat.”
Latest News
Greece and Cyprus Boost Allwyn’s Q3 Results
Allwyn International has declared that strong performance in Greece and Cyprus was particularly to thank for its strong performance in the quarter ending September 30, 2024, as it shared its unaudited results.
Total revenue reached €2,14bn in Q3 2024, up seven per cent year-on-year, reflecting strong organic growth in Austria and Greece and Cyprus in particular, in addition to continued momentum in digital channel.
Adjusted EBITDA grew 12% year-on-year to €410.8 m.
“I am pleased to report another quarter of good progress and financial performance, in which we delivered strong top line growth – with standout performance in Greece and Cyprus – and once again achieved solid profitability and cash flow generation,” said CEO Robert Chvatal.
“In executing our organic growth strategy, we remain focused on our responsibilities to all our stakeholders, including our resolute focus on safe play. The quarter also benefited from favourable jackpot cycles in lottery. This contrasted with the third quarter last year which, in addition to the impact of unfavourable jackpot cycles, was also impacted by customer-friendly sports results.
“We delivered solid profitability, including excellent growth in Greece and Cyprus, and once more benefited from a strong performance from our equity method investees where, in addition to strong organic growth, profitability benefited from a favourable tax effect in the quarter. Adjusted EBITDA increased 12% year-on-year, and excluding the United Kingdom and Allwyn LS Group and the recent acquisition of Instant Win Gaming increased 21 per cent year-on-year.
“With respect to our inorganic growth strategy, we are very pleased to have completed our planned investment in a 70 per cent interest in Instant Win Gaming in September. The transaction has expanded our footprint and capabilities in content, and further advanced our position in the North America market. During the quarter we also saw a small increase in our interest in OPAP, as a result of OPAP’s share buyback programme.
“Overall, I am pleased with our continued progress and believe we are well-placed for the remainder of 2024 and the next chapters of our growth story.”
Affiliate Industry
Catena Media appoints Martin Zetterlund to board of directors
Catena Media’s board of directors has appointed Martin Zetterlund as non-executive director to fill the seat vacated by Øystein Engebretsen.
Martin Zetterlund is an experienced Stockholm-based entrepreneur, investor and executive with specialist expertise in cybersecurity and managed security services. Over a career spanning more than two decades, he co-founded Sentor Managed Security Services in 1998, serving in various leadership roles, including Head of Managed Security Services, until the company’s acquisition by Accenture in 2021. He also held the role of SVP Advanced Projects at Distil Networks.
He commented: “I am looking forward to joining Catena Media’s board and am eager to contribute to the growth of the business by applying my experience in technology and strategic business development.”
Erik Flinck, Chairman of the Board of Directors, said: “Martin brings valuable expertise in cybersecurity and technology, areas that are becoming increasingly critical for Catena Media’s operations. I’m excited to welcome him to the board and look forward to the insights he will bring as we focus on the turnaround.”
The appointment will become effective once all necessary filings are made with the Malta Business Registry, and his term will run until the end of the next annual general meeting, in accordance with the Maltese Companies Act and Catena Media’s articles of association.
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