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NeoGames Announces Third Quarter 2021 Results

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Moti Malul, Chief Executive Officer of NeoGames
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 NeoGames S.A., a technology-driven provider of end-to-end iLottery solutions, announced today financial results for the third quarter ended September 30, 2021.

Moti Malul, Chief Executive Officer of NeoGames, said: “We continue to position ourselves well for the long-term, investing in our technology solutions and our operational capabilities and executing on our business plan as a global leader of iLottery solutions for national and state-regulated lotteries. This quarter, we have seen growth in several of our accounts with Virginia and North Carolina in the US continuing their good performance, while in Europe Sazka’s online penetration has ramped up to represent a significant percentage of their total GGR. Subsequent to quarter end, our Games Studio continued its expansion with the launch of our suite of premium eInstant games with Lottomatica in Italy. We also continue to invest in PlayAlberta, as we launched draw games late in the second quarter, and launched sports betting in August. On the state authorization front, momentum has progressed in the U.S., with Connecticut and West Virginia in various stages of public procurement processes, which we see as a positive step towards further market expansion. All of these highlights reflect our ability to capitalize on our expanding market opportunity and cement NeoGames as the leader in the industry.”

Third Quarter 2021 Financial Highlights

  • Revenues were $11.9 million during the third quarter of 2021, compared to $13.1 million during the third quarter of 2020. In addition, the Company’s share of NPI revenues was $8.3 million during the third quarter of 2021, compared to $2.5 million during the third quarter of 2020, representing an increase of 233.2% year-over-year. The total of revenues and the Company’s share of NPI’s revenues was $20.2 million during the third quarter of 2021 compared to $15.6 million during the third quarter of 2020, representing an increase of 29.7% year-over-year.
  • Comprehensive income was $1.5 million, or $0.06 per share, during the third quarter of 2021, compared to comprehensive income of $2.5 million, or $0.11 per share, during the third quarter of 2020, .
  • Adjusted EBITDA1 was $7.5 million during the third quarter of 2021, compared to an Adjusted EBITDA of $7.8 million during the third quarter of 2020 representing a decrease of 3.8% year-over-year.
  • Network Net Gaming Revenue (“NGR”)2 was $179 million during the third quarter of 2021, compared to $126 million during the third quarter of 2020, representing an increase of 42.1% year-over-year.

_______________
1 Adjusted figures represent non-IFRS information. See “Non-IFRS Financial Measures and Key Performance indicators” and the tables at the end of this release for an explanation of the adjustments and reconciliations to the comparable IFRS numbers.
2 Non-GAAP Financial Measures and Key Performance indicators” for additional information about this key operating metric.

Third Quarter 2021 Business Highlights

  • Rolled out progressive jackpot instant content with three customers representing an innovative development for iLottery players across our platform.
  • VirginiaiLottery program continued its growth performance, with significant growth each quarter it has been live since launch in the third quarter of 2020.
  • Launched online sport betting in Alberta, which follows the recent launches of Live Dealer and draw-based games in previous quarters.
  • Went live with Ceasars Entertainment in Arizona as part of their Liberty platform, which is now live in 10 states with an online sport betting and/or iGaming offering.
  • Subsequent to the quarter end, launched the Company’s suite of premium eInstant games with Lottomatica, further expanding NeoGames’ footprint in the Italian lottery market.
  • Completed an underwritten public offering of ordinary shares including full exercise of the underwriters’ option to purchase additional ordinary shares.

Guidance

The Company is raising its fiscal year 2021 Revenue and Share in NPI Revenues Interest Guidance to between $82.5 million and $84.5 million, compared to the prior range of between $75 million and $79 million, representing a 41% increase year-over-year on the midpoint.

Conference Call & Webcast Details

NeoGames will host a live conference call and audio webcast on Thursday, November 11, 2021 at 8:30 a.m. Eastern Time, during which management will discuss the Company’s third quarter results and provide commentary on business performance. A question and answer session will follow the prepared remarks.

The conference call may be accessed by dialing (833) 301-1152 for U.S. domestic callers or (914) 987-7393 for international callers. Once connected with the operator, please provide the conference ID of 6643079.

A live audio webcast of the earnings conference call may be accessed on the Company’s website at ir.neogames.com. The replay of the audio webcast and accompanying presentation will be available on the Company’s investor relations website shortly after the call for a period of 30 days.

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Play’n GO add a little romance to their Arthurian Legend series with the 15 Crystal Rose: A Tale of Love

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Play’n GO add a little romance to their Arthurian Legend series with the 15 Crystal Rose: A Tale of Love
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Play’n GO add a little romance to their Arthurian Legend series with the 15 Crystal Rose: A Tale of Love.

This is a legendary tale of love of the greatest kind, the tale of the 15 Crystal Roses. Sir Lancelot has declared his love for Princess Elaine. As a symbol of true devotion, he must seek out the 15 Crystal Roses, buried deep in the enchanted woods.

As the fourth game in Play’n GO’s popular Arthurian Legend series, 15 Crystal Roses: A Tale of Love is already on the path to success. The game opens with a narrator telling us the story of the 15 Crystal Roses and continues throughout the game.

When it comes to features, we’re particularly interested in the Legendary Free Spins, which see random spins land the Crystal Rose Scatter symbols that can also be stacked. But the key is that players’ chances to trigger Free Spins are heightened as they only need one reel full of Scatters to unlock this feature.

Amongst the many features of this game, there is one that isn’t so common in the industry (so far). Players have the ability to keep track of their progress. How? The Quest Map.

The Quest Map not only shows the location of the 15 Crystal Roses, but it will also open at the beginning and the end of Free Spin sessions to show how many crystals the player has collected. Driving narrative, player engagement and immersion into the world of this epic tale.

Head of Games, Charlotte Miliziano, said:

“Every time we develop an Arthurian Legend game, we get to push narratives further and further.

“We’ve seen the likes of King Arthur, Merlin and Queen Guinivere, but now we’re getting to delve into the lives and adventures of secondary characters who may play a role in the adventures of the main protagonists – but they also have their own story to tell.”

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Week 2/2022 slot games releases

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Week 2/2022 slot games releases
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Here are this weeks latest slots releases!

Yggdrasil and ReelPlay are kicking off the year with a fun-filled fiesta in Money Mariachi Infinity Reels™. The high volatility hit sees a border town preparing for the iconic Dia de los Muertos celebrations, with the Magical Money Mariachi band creating melodic and celebratory party music to wake the dead. The entry game 3×4 reel grid contains the hugely popular Infinity Reels™ mechanic, which adds another reel and respin for every successful win, as well as an increasing multiplier.

Yggdrasil and ReelPlay prepare for a party in Money Mariachi Infinity Reels™

 

 

Lady Luck Games invites players to let fate decide their destiny in Madame Clues, a mysterious one-reel slot set in the abandoned arcade of an amusement park. Those brave enough to gaze deep into the Fortune Teller’s crystal ball will see that this one-of-a-kind game displays just one symbol every time the reel is spun, awarding players up to 12x their bet during base gameplay. At any given time, one of two special symbols could appear courtesy of the Clairvoyant, these can lead to players winning up to 23,040x their bet.

Step right up and reveal your fate in Lady Luck Games one-reel slot Madame Clues

 

 

Relax Gaming,  invites players to join Alice on an unforgettable adventure to Plunderland, a world of curiosity and wonderment. This quirky, high-volatility fantasy title tasks players with registering winning clusters of symbols on a 7×7 set of reels, while also trying to trigger a host of memorable bonus features. A White Rabbit Wild symbol is present on every spin, and if it makes its way onto a designated hot spot it will expand to 2×2 or 5×5 in size. The White Rabbit Wild also features a multiplier that increases by one every time it is involved in a cluster win.

Relax Gaming begins 2022 with an unforgettable trip to Plunderland

 

Fresh year, new mind-boggling games. Nolimit is kicking off the new year with a bang, and we’re in for a blast from the past with a sequel to the notoriously volatile Tombstone, which was launched back in 2019 and properly cemented xNudge® as a hugely rewarding mechanic. Tombstone R.I.P presents 5 reels with row setup as 23331, and the mechanics in this one are designed to give those that caused havoc a long and unpleasant experience; xNudge Wilds® and xSplit Wilds® will definitely put them in their place.

Its the end of the line for Nolimit’s first Western, enter Tombstone R.I.P

 

 

Blueprint Gaming’s first release of 2022, 7’s Deluxe: Fortune Spins, builds on the success of a classic with the introduction of a proven feature to deliver an exciting new gameplay. The addition of the popular Fortune Spins feature ensures the game’s longevity continues with its loyal following and marks the latest iteration of the much-loved Reel Time Gaming (RTG) title that Blueprint successfully adapted from retail to online. Fortune Spins, first made popular in Blueprint’s hit slot Luck O’ The Irish, allows players to experience the 7’s Deluxe gameplay across four reel sets simultaneously when activated at 20x bet.

Blueprint goes flaming wild with 7's Deluxe: Fortune Spins

 

Kalamba Games invites players on a hunt for clues and riches in thrilling new slot Holmes: Reel Detective. Join Detective Sherlock Holmes and Dr Watson as they set off on an extraordinary slot adventure through Victorian London. There is nothing elementary about the remarkable features in this title, with graphics and sound that are sure to engage players of all demographics as they assist the renowned duo in finding clues to unlock big wins. Kalamba’s K-Cash feature is triggered by matching fingerprint symbols left by the game’s villain with the famous detective’s magnifying glass. Matching multiple symbols can award a win of up to 200x a player’s bet.

Kalamba Games introduces crime solving title with Holmes: Reel Detective

 

Pragmatic Play, invites players on an aquatic journey filled with Free Spins, Wilds and Scatters in brand new release, Wild Depths™. Played out on a submerged set of reels surrounded by colourful coral, the underwater adventure provides players with up to 40 ways to win and the potential to win up to 5,000x their bet. High value symbols arrive in the form of blue, yellow and orange fish, while medium value symbols are represented by starfish and two colourful seashells. Landing five of the same symbol provides players with payouts worth up to 20x their bet.

 

PRAGMATIC PLAY VENTURES BENEATH THE SURFACE IN WILD DEPTHS™

 

Play’n GO add a little romance to their Arthurian Legend series with the 15 Crystal Rose: A Tale of Love. This is a legendary tale of love of the greatest kind, the tale of the 15 Crystal Roses. Sir Lancelot has declared his love for Princess Elaine. As a symbol of true devotion, he must seek out the 15 Crystal Roses, buried deep in the enchanted woods. As the fourth game in Play’n GO’s popular Arthurian Legend series, 15 Crystal Roses: A Tale of Love is already on the path to success. The game opens with a narrator telling us the story of the 15 Crystal Roses and continues throughout the game.

Play’n GO add a little romance to their Arthurian Legend series with the 15 Crystal Rose: A Tale of Love

 

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Affilka by SOFTSWISS Launches a New Affiliate Program with JustBit.io

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Affilka by SOFTSWISS Launches a New Affiliate Program with JustBit.io
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Affilka by SOFTSWISS is pleased to announce a new partnership with JustBit.io, an online casino operating under a Curacao licence. The new affiliate programme is called JustAffiliates. Justbit.io’s partnership with the affiliate marketing platform Affilka will enable the company to build strong and mutually beneficial relationships with affiliates, as well as attract quality traffic to their casino. 

JustBit.io is a young and ambitious crypto-brand specialising in slots and live tables. Among the key reasons for choosing Affilka as the main partner for launching an affiliate program, Justbit.io mentioned its user-friendly payment module and commission constructor, allowing the company to customise a partner to the smallest detail. Multiple filtering options in statistics reports also help the brand do affiliate analysis faster.

The affiliate tracking software Affilka, created in 2018, is a cross functional solution for easy and fast iGaming brand promotion. Affilka is currently one of the most effective tools for affiliate marketing. Its advantages include:

  • Multiple built-in payment systems
  • Detailed affiliate and player reports, including advanced segmentation, filtering, and data grouping
  • Synchronisation with a Casino/Sportsbook platform and data update on every 15 minutes
  • Various creative solutions: banners and landings for affiliates
  • Classical (RevShare, Hybrid, CPA) or customised payment strategies

“I am pleased to announce JustAffiliates – the first affiliate program, launched in the new year by Affilka, in partnership with JustBit.io! The gambling industry is an extremely competitive field. Therefore, in order to be successful, you need to choose the most reliable and reputable partners. Affilka fits the bill perfectly, since its reputation and more than a hundred satisfied clients speak for themselves,” said Anastasia Borovaya, Product Owner of Affilka by SOFTSWISS. 

“I would like to thank the Affilka team for the professionalism and focus on the  customer service they demonstrated during the JustAffiliates affiliate program launch. We have already experienced the benefits of working with Affilka, so I can confidently say that JustBit.io made the right choice. I expect our affiliate program to be a great place to work productively with affiliates, growing and evolving together with our casino!” commented the Head of Affiliates at JustAffiliates.

 

About SOFTSWISS

Affilka by SOFTSWISS is an affiliate management platform for iGaming operators. The platform enables operators to manage affiliate partners across multiple brands, optimise marketing spend, and analyse player ROI from partners.

SOFTSWISS is a widely-acclaimed iGaming expert, supplying certified software solutions for managing online gambling operations. The company has an international team, which counts 1,000+ employees and has an official presence in Malta, Belarus, Poland and Georgia. SOFTSWISS holds a number of gaming licences, including Curacao, Malta, Estonia, Belarus, Belgium, Sweden, Nigeria, Ghana, Serbia and Greece. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, the Affilka affiliate platform, Sportsbook Platform and the Jackpot Aggregator. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimised online casino solution.

 

About JustBit.ioThe casino primarily addresses customers who want to process their deposits and withdrawals in Bitcoin. JustBit is operated by Casbit Group N.V. The company is registered and licensed in Curacao. The approval of the Caribbean state ensures absolute security for the players. Although the casino was founded in 2021, it has reinvented itself and is fast growing as one of the most modern and extensive casinos to this day. There are huge live casino offers, attractive loyalty bonuses, website in English and Japanese and more. JustBit.io – Easy way for crypto play.

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