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Cloud gaming solution GAMESTREAM raises 4.5 million

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Gamestream, global leader in white label Cloud Gaming solutions, today announces that it has fundraised 4.5 million euros to continue revolutionising the video game industry and establishing itself as a world leader in Cloud Gaming solutions for B2B with Audacia and Bpifrance, via its Tech and Touch fund, to join the team of investors to participate in a second fundraising.

In just four years, Gamestream has established itself as a major player on the international Cloud Gaming scene.

The French start-up currently boasting nearly 500,000 subscribers, recently launched a service on PC, TV and mobile with JioGames, a video game leader in India, adding a potential of 1.4 billion additional players on the platform.

An innovative and successful business model

Launched in 2019, Gamestream was created by co-founders Ivan Lebeau and Xavier Cavin. Technologically advanced, the Cloud Gaming platform offers gamers an exceptional streaming experience requiring only three megabits of bandwidth. A feature that makes the gaming experience fluid on all devices and operating systems, from tablets to smartphones and TVs, with simple broadband access.

Thanks to its partnership with publishers including Disney Interactive, Outright Games, and Microids, Gamestream offers more than 300 cult licenses for families and casual gamers. Its B2B2C solution, mainly for telecom operators as a white label, but also under its Pleio® brand, is available in France via Bouygues Telecom.

Today, its Cloud Gaming platform is deployed in Europe, the Middle East and Asia, where it is distributed by: Bouygues Telecom and Zeop (via Netgem), Telekom Slovenije, e&, Telkom Indonesia, and now Reliance Jio, main operator in India and leader in video games through its subsidiary JioGames.

Gamestream is also the only Cloud Gaming platform to have concluded a framework agreement with the Accor group to distribute its solution in its hotels around the world.

A strategic and assertive orientation towards emerging countries

Gamestream’s recent signing with JioGames convinced Audacia and Bpifrance to join the table of historical investors, from whom the start-up has already raised €5 million between late 2019 and May 2020.

Following India, it is now looking towards West Africa, a region where video games will experience growth of 6.9% in 2024, according to the latest Newzoo report.

“There is less competition from American giants in these countries, even though the need is great.” says Ivan Lebeau, Co-founder and President of Gamestream.

“Few people can afford to buy a console, and even fewer can afford games for €70 each. Therefore, the demand for Cloud Gaming is high, and for just a few euros a month, players can access unlimited console quality licenses from their computer, tablet or smartphone. This new fundraising will allow us to further impose this model on the international scene.”

To facilitate its deployment, Gamestream relies on end-to-end control of the Cloud Gaming value chain. It is therefore able to provide its streaming technology, servers, game catalogue, as well as a data monitoring tool. This is a real strength for customers, allowing rapid and seamless deployment.

Gamestream continues its trajectory of innovation and growth

Gamestream is set to target large operators including telcos, who are well positioned to benefit from live streaming video games through their distribution power and network quality.

“Streaming clearly represents the future of video games. In this market, having a player like Gamestream in France is a fantastic opportunity.” explains Thomas Schmitz, Audacia’s Investment Director.

Its unique model makes it a formidable competitor on the world stage. This start-up has found its place by targeting a specific target, players in emerging countries, whose potential is exponential. We have every reason to believe in its success.”

“Gamestream is an example of the success of French Deep Tech.” Comments Guillaume Simonaire, Investment Director at Bpifrance.

“In just four years, it has established itself as a major player on the international Cloud Gaming scene, illustrating French Touch’s commitment to promoting innovation and French leadership. We are proud to contribute today to its expansion via our Tech & Touch fund, which we hope is strong and sustainable.”

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DigitalEjis and Exalogic: Pioneering Responsible Gaming in Italy

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DigitalEjis, the pioneering software development company in responsible gaming, and Exalogic, Italy’s premier gambling platform provider, have joined forces in an exciting partnership.

This collaboration marks a significant milestone in the Italian gaming landscape when it comes to upgrading responsible gambling practices and addiction prevention.

Predictive Software for Safer Gaming

DigitalEjis has developed an unparalleled software solution that predicts the onset of gambling addiction before a player places their first bet. Unlike existing tools that identify addiction once compulsive behavior is already underway, DigitalEjis’ predictive software enables operators to customize the betting experience for each customer from day one. By doing so, operators can offer their players the safest and most entertaining environment possible.

Exalogic’s Role in the Partnership

Exalogic, renowned for its robust and reliable gambling platform, has chosen DigitalEjis as their only partner for predictive and antiaddiction product. This strategic alliance ensures that responsible gaming practices become an integral part of the Italian gambling landscape.

Embracing the Italian Market

Dr. Ian McLoughlin, Founder and CEO of DigitalEjis, expressed his enthusiasm: “It’s great to see how wholeheartedly the Italian market has embraced DigitalEjis through this agreement with Italy’s number one platform provider and value-added services partner to the gambling industry.” This collaboration positions DigitalEjis as a first mover in the Italian territory.

Responsible Gambling at the Core

Italy’s new decree on gambling, particularly Article 14, underscores the importance of responsible gaming. The Decree focuses on protecting players from the onset of gambling addiction also adopting software empowered by Artificial Intelligence. DigitalEjis’ product aligns perfectly with this initiative, providing accurate predictions and personalized protection for players.

 

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Welder racks up over $69,000 from three back-to-back online casino wins

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A 60-year-old welder has netted $69,850, following three consecutive victories at WinSpirit Casino.

I’ve had some fantastic wins. The best ones were $26,550 and $25,300 during the bonus game,” the man shared.

The lucky winner, who decided to remain anonymous, caught luck by the tail in the Diamonds Power: Hold & Win slot.

When I play, I follow a strategy. I start with bets of $5-10 and increase them after a few wins,” he said.

Following a string of consecutive wins, the man reached a $50 bet, which ultimately led to his coveted winnings.

$50 spins go through my finds quickly, but if you get the bonus, the payoff is unbelievable,” the man added.

Diamonds Power: Hold & Win is a 3×3 slot by Playson featuring four fixed jackpots and a unique Hold & Win feature. The game offers a maximum win of 5,150 times the initial bet per round.

To celebrate his success, the man decided to dine at a local casino restaurant with his wife, with whom he had shared 27 years of marriage

During dinner, we came up with the idea to test my winning strategy again, so we opened the familiar WinSpirit page on my phone,” he laughed.

The fortunate player stumbled upon WinSpirit Casino accidentally while searching for an online platform to enjoy slot games.

“During my search, I tried a few online casinos. But WinSpirit stood out for its ease of use and quick verification process,” he said.

The casino offers its new players a 100% bonus up to 200 USD+ 100 Free Spins and a 200% bonus up to 200 USD on their first and second deposits respectively.

The man also noted that the main reason he plays at the casino is to have fun.

“I play for fun. And big wins… They are like a pleasant bonus that you get while enjoying your pastime.”

The self-employed welder is living a peaceful life, enjoying outdoor activities like fishing, hunting, camping, and motocross biking.

 

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Latest News

Exclusive Live Stream with Conor McGregor

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Today is Duelbits’ exclusive inaugural live stream with The Notorious!

The stream will take place at 18:00 UTC and you will be able to join live on mcgregorlive.io

We would like to start off by inviting you to visit duelbits.com to register and start your rewards journey.

Make sure to opt-in for the Conor McGregor 30 day tournament with a grand $150,000 Prize Pool. Wager $100 or more and get ready for cash giveaways given out by The Notorious himself, during this live stream.

This is an opportunity you would not want to miss! The Notorious will be right here waiting to see if you’ve got what it takes to make it to the top of the leaderboard. Beat the best to be the best!

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