Industry News
The Newest Cascading Game Release by CT Interactive is Power Storm
Cascading reels games have become increasingly popular among players in recent years. The cascading reels feature adds an extra layer of excitement to the gameplay, as it offers the opportunity to trigger multiple wins in a single spin potentially.
Due to their innovative gameplay, more chances for big wins, and exciting graphics and animations, cascading reels games have become a favourite among users. In those types of games, the reels do not spin traditionally. Instead, symbols drop down from above or are replaced from the right, creating a waterfall-like effect. If the new characters create a new winning combination, the process repeats, with those symbols disappearing and more symbols falling into place. This can increase the overall payout of the game with just one spin.
Many game developers have recognised the popularity of cascading reels and have incorporated them into their slot games. Some famous examples include Gonzo’s Quest by NetEnt, Bonanza, Power Storm by CT Interactive, etc.
Players enjoy cascading reels games because they provide more opportunities for winning combinations and increase the excitement and anticipation of gameplay.
Typically, they feature a grid of symbols, including standard playing card icons and themed symbols related to the game’s theme. CT Interactive’s cascading reels games usually combine symbols related to the game theme with universal symbols of luck.
In the newest cascading game release of the company – Power Storm, there is a combination of well-known card symbols, lucky sevens, horseshoes, and game-themed graphics such as hurricane funnel. It is a mind-blowing proposal that brings a classic slot theme to life across a 5×3 grid with 95.60% RTP that has the potential to payout up to 1000xbet.
The game is worth exploring because of its design features and innovative bonuses. The cascades here can help unlock special features by charging the strip on the left upper side of the reels. This can unleash some godly features, such as when winning nine consecutive cascades, the award is a 1000xTotal bet. If eight cascades are won, the prize is 100x Total Bet.
When cascading reels are brought into play, this brings forth a new gameplay as it is in the Treasure Chase game. In the adventure-themed cascading reels the player encounters mystic golden symbols, a book with a map unlocking Wild symbols bringing many winnings, bonus features and a level-up chart. The slot game has sharp graphics, vibrant animations and exciting sound effects.
The adventure into the land for fortunes in the cascading Treasure Chase is exciting, with features and payouts that lead the way to big wins.
The stormy winnings are expected any time the spins start to roll, with cascading bonus winnings on the way in Magic Jewels, a game rereleased by CT Interactive. The game’s design and interface immerse the player in the world of precious stones and treasures. Jewels and glittering gems sparkle in the air, complemented by many emotions from the great game mechanics offering cascade wins with a growing multiplier. When the win from the current game is paid, all the symbols featured in the winning combination disappear, and the symbols above them cascade down in their places as in a mini-free game. The multiplier enhances the thrill. With every next cascade win, the player gets a win multiplier of x2, x5 and x10, respectively, and with every next cascade win afterward, he gets 12, 20 and 38 free games, respectively. All the winnings in the free games are multiplied by 2. Magic Jewels offer a plunge into the world of luxury and wealth with big diamonds and opportunities.
Cascading reels games are a popular feature in online slots, and CT Interactive’s selection of games in this category is worth exploring for players who enjoy this type of gameplay.
Industry News
SKS365 keeps investing in people: GROW People Management Program took the next level
11 experienced people managers from the SKS365 group’s 4 locations gathered last week in Belgrade for the new GROW People Management Program. From 15 th to 19 th of April, through trainings, discussions, and social connections, people had the opportunity to further grow individually and as a team, while enjoying Belgrade’s city center and rivers.
Created in 2023 with the purpose of building foundation people management skills across the organization, GROW initiative evolved this year by including a new, advanced program for experienced people managers to further consolidate their skills and prepare for future opportunities.
Building and fostering connections, sharing experiences, and enjoying team building experiences – all these activities have been part of the GROWpmp agenda for the 11 people managers coming from Commercial, Product and Development, Finance, and Sportsbook departments of the group’s 4 locations – Malta, Italy, Austria, Serbia.
GROWpmp included a variety of topics that people managers in SKS365 recognized as the key areas for management development. Topics such as influence through communication, team effectiveness, DEI, through to presentation skills and business topics like understanding finance and management reporting, were delivered with the support of external professionals and internal experts, while designed and organized by the SKS365 People & Culture team.
Industry News
Kindred’s Share of Revenue from High-risk Players Shows Slight Increase
Kindred Group plc’s (Kindred) share of revenue from high-risk players showed a slight increase to 3.2% (Q4 2023 3.1%) in the first quarter of 2024. Compared to the first quarter of 2023, the high-risk revenue share decreased marginally. The percentage of detected customers who exhibited improved behaviour after interventions came in at 87.1% (compared to 87.4% in Q4 2023 and 83.0% in Q1 2023). This sustained trajectory in the improvement effect after interventions, observed over an extended period, serves as a testament to the strong dedication and collective efforts throughout the company. It reflects Kindred’s ongoing commitment to fostering positive change within the industry.
“We continue to see our share of revenue from high-risk players fluctuate quarter to quarter, and we are working closely with all teams across the company to support customers towards a more sustainable gambling experience. However, it is encouraging to see that our Journey towards Zero data has steadily decreased since 2020. A similar trend can be seen across the healthier gambling behaviour effect after interventions. This tells us two things: our work is paying off, but we need to continue to push ourselves to propel a sustainable progression,” Alexander Westrell, Director of Communications at Kindred Group, said.
“It was very encouraging to witness the open and transparent discussions at the Sustainable Gambling Conference in London on 20 March, where those with lived experience shared their important stories. Also, it is evident that technology is moving forward, and will provide greater opportunities to detect and intervene in the future. We hope to see more regulators engage with the industry and with experts to secure a more sustainable industry for everyone,” Alexander Westrell added.
Industry News
PENN Entertainment Names Aaron LaBerge as Chief Technology Officer
PENN Entertainment announced that Aaron LaBerge has been named Chief Technology Officer (CTO) effective July 1, 2024, subject to customary regulatory approvals. Mr. LaBerge will report directly to PENN CEO & President Jay Snowden.
In his new role, Mr. LaBerge will be responsible for driving the technology strategy and execution for PENN, while leading the multinational team of technologists and serving as the key business leader for the company’s Interactive division.
Mr. LaBerge spent more than 20 years at The Walt Disney Company, in two stints separated by five and a half years as a technology entrepreneur. He was most recently President & Chief Technology Officer for Disney Entertainment and ESPN where he was responsible for driving all technology and product development in support of The Walt Disney Company’s two media divisions. In that role, he helped set the vision and strategic leadership for how Disney uses technology to enable storytelling and innovation, drive its business, and create unparalleled consumer experiences with entertainment and sports content.
“We are thrilled to have someone of Aaron’s caliber join our PENN executive team. Having overseen a global organization of thousands of engineers, product developers, designers, technologists, and data scientists that created some of the largest scale and most successful media properties in the world, there is no better candidate to lead our Technology and Interactive division into its future. I know Aaron is looking forward to working with Todd George, our head of operations, and our entire Executive Team to continue growing our position as a leader in online gaming, sports betting, and digital sports media,” Mr. Snowden said.
“I’m excited to join another talented team at PENN Interactive and lead our technology strategy. PENN Entertainment is at the forefront of the fast-changing gaming and sports media industry. I plan to use my experience from Disney and ESPN to help make ESPN BET an essential piece of the sports fan experience. Together, we’ll push the limits and redefine how fans interact with sports and gaming,” Mr. LaBerge said.
Prior to his most recent role at the Walt Disney Company, Mr. LaBerge was Executive Vice President and Chief Technology Officer at ESPN from 2015 to 2018. At ESPN he played an instrumental role in the growth of ESPN’s consumer-facing digital media products and services – leading many of ESPN’s most ambitious and challenging projects and helping establish ESPN’s position as the leader in digital sports and innovative sports technology development. He was a key architect in the design, development, and engineering of ESPN’s state-of-the-art facilities in Bristol, CT; Los Angeles, CA; Charlotte, NC; and Austin, TX, as well as data centers and infrastructure that connect those facilities around the world, as well as the technology design and development to support the launch of the multi-platform SEC Network.
Between 2007 and 2012, LaBerge was co-founder and CEO of Fanzter, Inc. – a venture-funded consumer software and digital product development company. At Fanzter, he directed all day-to-day operations and led the development and launch of a variety of consumer-focused internet and mobile products, ground-breaking social and commerce technologies and more.
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