iGaming powerhouse initiates venture arm in response to market need for smart iGaming venture capital with the ability to leverage Glitnor’s broad casino value-chain position

Glitnor Group, the hugely successful Malta-based iGaming group that counts Lucky Casino, Happy Casino and Swintt among its prestigious list of brands, has announced it has created a new division, Glitnor Ventures, with a view to leveraging the Glitnor Group network of divisions and investment areas.

With initial interests being the recently announced investments in leading affiliate business KaFe Rocks and Time2Play, Glitnor Ventures also holds interests in India-based game development studio, RNGPlay.

David Flynn, CEO at Glitnor Group, said: “Glitnor Group has always been very open about its ambitions to become the most entrepreneurial and fastest growing business group in the iGaming industry and the creation of Glitnor Ventures is another step in this direction.” Flynn continued, “our goal with Glitnor Ventures, is to work with innovative projects from pre-seed to seed and support across the entire scope of products, technology and services across the iGaming spectrum.  We are primarily an early-stage investor and add support from our expertise and network in the iGaming space.”

Dynamic slot development studio BF Games is bringing the hardworking Goblin back for another adventure, this time with season’s greetings in Cave of Xmas.

While Santa Claus makes his plans for Christmas, the Goblin is busy planning how to strike gold and if his calculations are correct, it all lies just beneath a massive hill of snow.

BF Games’ all new Buy Feature makes an appearance for the first time, allowing players to purchase free spins, rather than waiting for them to trigger. Players can enjoy 10, 15 or 20 free spins for 50x, 90x or 130x the base bet respectively.

To aid his quest in this 5×3 slot, the Goblin is equipped with Nitro, with any single, double or triple symbol added to the Nitro Counter directly above the reel it appears on. Once the counter has three symbols, the Persistent Wild feature is activated, transforming the reel and offering additional win potential.

If players trigger the Persistent Wild mode on all five reels at once, they get a Full House, which ends the feature, resets the counter to zero and gifts them a 200x multiplier.

Scatter symbols take the form of a Treasure Chest and can appear one at a time on any of the reels. Landing three, four or five scatters triggers 15, 20 or 25 free spins, respectively.

Any Nitro symbols that land on the reels during free spins are counted on the meter and when it reaches 15, players get the Grand Reward of 500x. The explode feature could also be triggered at any time, blasting wild symbols everywhere.

The game is the third title in BF Games’ popular Goblin series, with additional games to be added in the future.

Piotr Saluda, Product Owner at BF Games, said: “We couldn’t be happier to bring the Goblin back for another adventure and especially to explore how he celebrates the holiday season.

“We know players are going to love the festive theme as well as our brand-new Buy Feature, and that the title will appeal strongly to fans of the original games, Cave of Gold and Cave of Fortune, as well as newcomers to the series.”

GoodLuckMate has published a comprehensive Japanese gambling statistics and trends report on its website, revealing some interesting industry insights. The analysis was posted in October 2022 and includes a range of relevant data focused on the gambling market as well as gambling habits in Japan.

With this report, readers will get to learn more about the legality of gambling in Japan, the most popular games among Japanese players, and the demographics of gambling fans in the country. Some key figures include:

• Size of the online casino market in Japan – $6.7 billion
• Forecasted Japanese online casino market size by 2027 – $10.1 billion
• Sports betting market share – 40%
• Casinos market share – 30%
• Pachinko is the most popular game by market share
• Pachinko makes up about 4% of the country’s GDR

This report also reveals how Japanese consumers feel about online casinos and how popular they are among players of different age and sex groups. It also covers the issue of problem gambling in the country, highlighting that about 3.2 million Japanese players have a gambling addiction.

“We have launched a dedicated version of our website for our Japanese readers. We find the Japanese gambling market extremely intriguing, and that’s why we thought it was important to dive deeper into it through this report,” Nerijus Grenda, CEO of GoodLuckMate, said.

“Creating the report took a lot of research, but, in the end, it was worth it because it gives a complete picture of the Japanese gambling industry as it covers several essential aspects of it,” Grenda added.