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PRAGMATIC PLAY SADDLES UP IN SEARCH OF FORTUNE IN BOUNTY GOLD™

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PRAGMATIC PLAY SADDLES UP IN SEARCH OF FORTUNE IN BOUNTY GOLD™
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Pragmatic Play, a leading content provider to the iGaming industry, takes players on a journey through the Wild West in search of untold riches in new release, Bounty Gold.

Players will find out exactly why they call it the ‘Wild’ West, with green and gold Wild symbols helping them to complete winning paylines across a 3×5, highly volatile grid layout, with a maximum win worth 5000x their bet.

High-paying symbols include iconic symbols of the Wild West, such as a silver horseshoe, a stetson, a cowboy, and the highest paying symbol, a cowgirl.

The real highlight of Bounty Gold™ is the Money Respin feature, triggered by landing six or more Money symbols at the same time. These Money symbols have a predefined value, and by landing more Money symbols, players increase their chances of unlocking multiple symbol matrices.

When the Respin feature ends, all Money symbols landed are added and multiplied together, with any jackpots being added to the total amount.

Bounty Goldarrives on the heels of Mexican-inspired release Big Juan, as well as recent hits Star Pirates Codeand Cash Bonanza™, which reside amongst a collection of over 200 HTML5 titles in Pragmatic Play’s award-winning games portfolio.

Julian Jarvis, Chief Executive Officer at Pragmatic Play, said: “The Wild West has always been a crowd pleaser for us, and we’re so excited to see how our customers across the globe react to Bounty Gold™.

“The game features some remarkable multipliers and jackpots that complement the Free Spins feature and keep the action moving and we’re thrilled with how the final product has shaped up.”

Pragmatic Play currently produces up to five new slot titles a month, while also delivering Live Casino, Virtual Sports and Bingo games as part of its multi-product portfolio, available through one single API.

Asia

PAGCOR SEEKS GCG APPROVAL TO IMPLEMENT SALARY STEP INCREMENT

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The Philippine Amusement and Gaming Corporation said it has asked the Governance Commission for GOCCs (GCG) for approval of salary step increments based on employees’ length of service to correct distortions caused by its new Compensation and Position Classification System (CPCS).

In a letter to GCG Chairperson Atty. Marius Corpus dated February 22, 2024, PAGCOR Chairman and CEO Alejandro H. Tengco said the PAGCOR Board of Directors has approved the implementation of step increments but it needs GCG approval.

“Parallel to the thrust of the PAGCOR Board of Directors to prioritize the welfare of the employees, the PAGCOR Board approved the Implementation of Step Increment based on Length of Service, subject to GCG’s review and approval,” he said in the letter.

The PAGCOR chief said the step increment is only the first of many appeals that the agency plans to lodge with the GCG so that PAGCOR employees may enjoy competitive salaries and benefits comparable to other revenue-generating GOCCs.

PAGCOR received its Authority to Implement the CPCS on January 31 this year. However, majority of the employees were dismayed to see that their take-home pay decreased when they received their salaries on the first payday under CPCS on February 15, 2024.

The CPCS also caused distortions in pay scale since all employees were reverted to Pay Step 1 regardless of their years of service. This means that a new employee in a certain position gets the same salary as someone who has been in the same position for 15 years or more.

Chairman Tengco said the Step Increment appeal is only the first of many which the agency plans to lodge with the GCG to remedy the overall decrease in employees’ take home pay, especially for those who occupy the lowest rungs in the organization.

“We hope that the GCG will positively respond to our appeal so that all tenured PAGCOR employees will not feel shortchanged, and instead receive the compensation that they deserve under the bounds of the law,” he added.

A provision under the CPCS implementing guidelines states that “one step increment shall be granted to qualified personnel for every three years of continuous satisfactory service in the present position.”

Records show that as of December 31, 2023, a total of 7,057 PAGCOR personnel or 72.60% of the agency’s workforce have been in service for more than three years in their respective positions.

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ClearStake secures seven-figure funding round to drive further growth

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ClearStake, a leading solution for smart financial data requests, has completed a seven-figure funding round that will allow the company to scale its business and further its mission to reduce the number of players lost by operators when asked to share financial information, a huge problem for the gambling industry.

The technology solution, built on Open Banking and designed specifically for the gambling sector, helps operators lower the costs of compliance by doing in minutes what can take hours and increases the number of players who opt-in to share their data to become eligible for approval. Early adopters have already reported up to a 6x increase in player retention when data is required.

ClearStake is already backed by industry stalwarts and its latest round has attracted more investors, including former and current senior executives from major brands such as Flutter, Paddy Power, PointsBet, Stats Perform and EML Payments.

Affordability and AML checks are a focus in numerous jurisdictions and the ClearStake platform is a simple, easy-to-implement solution that makes these checks fast and easy for players. Demand for a tool like ClearStake has never been greater, as both mid-sized and larger operators look to make checks as frictionless as possible.

The technology has proven to deliver results and the company is now preparing for a significant period of growth, with further product development in the pipeline. ClearStake also now has its sights on international opportunities, as it continues to establish itself as the go-to provider for financial data requests for the gambling industry.

Martin Burt, CEO at ClearStake, said: “We are delighted to have secured additional funding for our journey, which will enable us to deliver our solution to a greater number of operators.

“We are lucky to have an investor group consisting of prominent industry experts who understand the potential of our technology globally and are on board with our vision of solving the challenge of requesting financial data from players.”

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EurAsia

GR8 Tech Wins Best Online Sportsbook Provider 2024 at SiGMA Eurasia Awards

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GR8 Tech Wins Best Online Sportsbook Provider 2024 at SiGMA Eurasia Awards
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GR8 Tech was named the Best Online Sportsbook Provider 2024 at the SiGMA Eurasia Awards ceremony on February 26, highlighting the company’s leadership in the online sportsbook market.

The prestigious award reflects GR8 Tech’s effective strategy and successful delivery of superior financial results for operators in a competitive landscape. Tailored for the evolving needs of the sportsbook industry, the GR8 Sportsbook platform enables operators to achieve and maintain profitable margins quickly, balancing user engagement and earning.

“This award from SiGMA marks an important milestone for GR8 Sportsbook, reinforcing its long-standing market presence and stellar reputation with fresh recognition from the industry. We at GR8 Tech are thrilled to receive this confirmation of our sports betting product value and will continue to develop it and shake up the landscape as the Best Online Sportsbook Provider 2024,” commented Oleksandr Feshchenko, GR8 Tech CRO.

In addition to the SiGMA Eurasia win, GR8 Tech has recently been shortlisted for Best Online Sportsbook Provider and Best Marketing Campaign categories at the SiGMA Africa Awards.

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