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Yolo Investments Stakes €1.125 Million on Just Slots Success
Just Slots, an emerging gaming software developer, has secured a €1.125 million investment from Yolo Investments, a venture capital firm specialising in seed and A-stage investments within the gaming and fintech sectors.
As it prepares for the launch of its first game later this year, Malta-based Just Slots has secured a strategic investment of €1.125 million from Yolo Investments. This investment will strengthen the company’s capabilities, refining its operational frameworks and streamlining its internal game development processes ahead of launch.
Just Slots’ commercially-driven approach to online gaming is already garnering significant attention in the gaming sector. Operating in the B2B sector, the company equally prioritises its customers as well as the end-users interacting with its games. This approach is part of a wider business strategy that underscores the significance of targeted marketing and effective communication with consumers.
This unique approach stems from the expertise of the company’s expert leadership team, which includes Chief Executive Officer (CEO) Thomas Groven and Chief Commercial Officer (CCO) Christine Parkhill. In these two leaders alone, Just Slots boasts two veritable trailblazers in the gaming space who are leveraging their extensive experience across all segments of the market to build a business capable of crafting diverse, high-quality games.
Yolo Investments’ investment in Just Slots signifies confidence in this team, as well as the company’s pragmatic approach to software development. The venture capital company’s extensive gaming knowledge will play a key strategic role in Just Slots’ ongoing expansion and in developing its global focus. In collaboration with the company’s leadership team, they will assist Just Slots as it takes the next steps along its growth trajectory.
“Today’s announcement puts us in a strong position as we look to press forward ahead of the launch of our first game later this year,” Groven said. “The strategic investment from Yolo Investments empowers us to enhance our internal operations and attract top-tier talent to our remarkable team. These elements are vital as we embark on this exciting growth journey.”
“Yolo Investment’s alignment with our vision is exciting and we look forward to collaborating to accelerate our commercial growth alongside them in the coming years,” Parkhill said. “The investment not only supports our business expansion but also enhances our technical capabilities, which are crucial for our future success.”
The investment caps off a noteworthy period for Just Slots, which has seen the company begin to establish itself within the gaming space. As the company gears up for the launch of its first game later this year, it’s actively pursuing strategic partnerships with businesses that can support its ongoing development. In line with this initiative, Just Slots is set to participate in trade events across Europe starting with ICE London 2024, scheduled for February 6 to 8.
For more information about Just Slots and to explore career opportunities with the company, please visit: https:// Careers.Just-Slots .com/.
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SIS and Premier Greyhound Racing reveal improved greyhound race time schedule
Sports Information Services (SIS), the leading multi-content supplier of 24/7 live betting services, and Premier Greyhound Racing (PGR), the media rights company supplier of greyhound racing to the betting industry and direct to viewers, have collaborated to offer a revised race time schedule starting from 20 May.
Designed to protect the long-term future of UK greyhound racing, the new schedule will see morning fixtures start slightly later – moving from 10.47 to 11.01 and 10.54 to 11.09. Additionally, there will also be a slightly later start time for some evening fixtures aimed at a retail audience, with the first evening fixture now starting at 18.08.
Commenting on the improved schedule, Terry Mahoney, Head of Business Development at ARC, said: “The new race times will help make it easier for customers to navigate busy racing schedules as well as improving operations trackside. We will continue to listen, monitor, and adapt schedules where and when needed as we move forward to deliver the best service possible for betting operators as well as punters.”
Paul Witten, Managing Director at SIS, added: “We are passionate about delivering a greyhound racing service that benefits all of the sport’s stakeholders. Together with Premier Greyhound Raxing, we have introduced a revised racing schedule that benefits operators and their customers.
“Our approach to greyhound racing is grounded in sustainability and flexibility. This collaboration with fellow service providers allows everyone to enjoy all the high-quality action produced on a daily basis from tracks across the UK and Ireland.”
SIS has long-term agreements in place with bet365, William Hill, Paddy Power and Betfred to deliver its greyhound content across UK and Irish retail and digital channels. SIS also promotes this content across dozens of leading international operators, as well as through SISRacing.tv.
PGR offers greyhound action, cards, video replays, results, news and info on greyhounds.attheraces.com, and regular live broadcasts on Sky Sports Racing. Premier Greyhound Racing is a joint venture between Arena Racing (ARC) and Entain, the global sports betting, gaming and interactive entertainment group. Between them, the two companies own nine of the 20 licensed British greyhound tracks and ARC manage the media rights for five independent tracks.
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PRAGMATIC PLAY HITS THE SWEET SPOT WITH FRUITY TREATS
Pragmatic Play, a leading content supplier to the iGaming industry, has added Fruity Treats to its collection of clusters pays Slots.
Five or more fruit symbols must connect horizontally or vertically to award a win in this vibrant 7×7 title, which features a variation of the popular multiplier spots mechanic.
At the start of each spin, four marked spots of different colours take up random positions on the grid. If a win forms over a marked spot, a starting multiplier of 5x, 10x, 15x or 20x (depending on the spot colour) will be activated. Each time a winning combination lands on a marked spot after a tumble, the multiplier is applied to the win and then increases by its starting value.
Hitting at least three candy scatters on a spin awards entry to the bonus game with 10 free spins. During the feature, which can be retriggered with five additional free spins, activated multipliers from marked spots do not reset between free spins, potentially leading to massive wins.
Fruity Treats is the latest cluster pays Slot in Pragmatic Play’s multi-award-winning range, joining recent hit Sugar Rush 1000.
Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “The roaming multiplier spots feature in Fruity Treats sets it apart from other successful cluster pays Slots in the Pragmatic Play portfolio, with marked spots staying sticky in the bonus game for even greater win potential.”
Pragmatic Play currently produces up to eight new Slot titles a month, while also delivering Live Casino and Bingo games as part of its multi-product portfolio, available through a single API.
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Kambi’s Festival of Sportsbook returns for fourth year
Kambi’s Festival of Sportsbook returns in June with registrations now open for a two-day content series featuring speakers from across the Kambi Group and insights covering the full breadth of the industry.
Taking place between 4-5 June, the Festival will be comprised of online sessions taking in topics ranging from UX optimisation and harnessing AI to maximising a summer of soccer featuring both UEFA Euro 2024 and the Copa América.
Erik Lögdberg, Managing Director of Kambi Sportsbook, will open the Festival with a session entitled ‘Exceptional, everywhere: meeting the increasingly high standards of an evolving market’, discussing how operators can develop their sportsbook to navigate changing consumer habits and fragmenting markets.
Kambi’s Head of Legal and Regulatory Compliance, Victoria Fernandes, will also be joined by Partner Success Manager Sabrina Andrade for a Portuguese language session delving into Brazil and how local operators can compete in the soon-to-be-regulated market.
Gerard Starkey, Kambi Group’s SVP of Marketing & Communications, said: “We are excited to once again be welcoming the industry to Kambi’s Festival of Sportsbook, and we look forward to sharing the sportsbook insights and knowledge the event has become known for. As ever, the agenda features a broad range of sessions hosted by experts from across the Kambi Group, providing plenty to interest those working in or with the sports betting industry today.”
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