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Pragmatic Play Supplier: Trending Pragmatic Play Demo Slots 2024

A wide collection of online demo slots by Pragmatic Play supplier. Play the trending Pragmatic Play demo slots with no downloading, no registration just for fun with free spins and bonuses in 2024.

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Pragmatic Play Supplier: Trending Pragmatic Play Demo Slots 2024

Demo slots by Pragmatic Play have rapidly become popular for their innovative tumbling reels and megaways, monthly releases, plus their focus on mobile optimisation with modern in-game features like free spins, bonus rounds, progressive jackpot options, ability to play online or offline without cash.

A Quick Look at Popular Demo Slot Provider – Pragmatic Play
Full name Pragmatic Play Limited
year of foundation 2015
Headquarter Sliema, Malta
License Malta Gaming Authority
Awards EGR North America Slot Provider 2021
Game portfolio 450+
Game types Slots, bingo, live casino, virtual sports
Slots count 200+

The major feature is that free mode use credits, while real money mode involves actual deposits with the potential of getting withdrawable payouts.

Exploring Pragmatic Play Software Provider: Slot Demo Features

Testing Pragmatic Play’s online demo slots on free credits gives peace of mind when learning rules, finessing strategies and ensuring maximum entertainment value before depositing actual cash. With replicas of real play, including unlocked bonuses, they provide insight into potential outcomes to determine which is worth playing for real money. Here’s a list of standard in-game features available in free Pragmatic slots:

  • Wilds can replace other symbols to complete winning combinations, increasing the chances of hitting prize-paying lines. They come in different variations for different gaming machines, such as sticky wilds, walking wilds, and wilds with multipliers.
  • Scatters activate bonus games, instant prizes, or free spin features. They can lead to big payouts through multipliers, free extra spins when retriggered or enable sticky wild features, usually associated with massive wins.
  • Cascading Reels: In titles like Sugar Rush, wins trigger symbols to disappear, letting new icons cascade into their place, enabling consecutive wins on a single bet.
  • Tumbling Reels: Similar to cascading wins, but all symbols fall from above after each payout, giving more chances to trigger additional prizes when playing titles like Gems Bonanza.
  • Bonus Rounds: These interactive features provide an opportunity to win additional prizes outside of base game regular gameplay. They may involve completing challenges, triggering special events within the game’s theme or picking items. In Great Rhino Megaways, it awards increasing multipliers and is activated for landing 4 special icons.
  • Multipliers boost payouts by multiplying wins by the stated amount, with the potential of significantly increasing rewards.
  • Free Spins: Awarded spins that don’t deduct from balance allow more chances at wins at no extra cost to the player. They usually play at fixed bet sizes of the triggering round. John Hunter and the Book of Tut award 10 initial free spins (no upper limit) with special expanding symbols.
  • Autoplay: An option to spin reels automatically for a set number of rounds without manual input.
  • Hold & Win Feature: In a game like John Hunter and the Scarab Queen, this mechanic involves locking certain symbols in place while respinning the rest. During respins, specific symbols can trigger a fixed jackpot or prize based on the value of locked symbols.
  • Megaways Mechanic: This system, which is common in online demo Pragmatic slots like the Great Rhino Megaways, utilises a dynamic reel system where the number of symbols on each reel changes(2-7) with every round, offering a significant number (117649) of potential winning combinations.

Trending Pragmatic Play Demo Slots to Play Online in 2024

As a leading demo slot developer, Pragmatic Play releases exciting new game titles almost weekly with unique gameplay mechanics, innovative bonus features and substantial payouts. Their base modes quickly trend among players across the globe, especially in Canada, Australia and the UK. Here’s a list of top picks from the newest free demo games by Pragmatic Play available to play online in 2024:

1. Sweet Bonanza Demo Slot — Best Pragmatic Demo Game with Free Spins Feature

Pragmatic Play demo slot Sweet Bonanza explodes with vibrant colors and delectable treats.

96.48%

RTP

21,100x

max payout

1

paylines

6

reels

10

free spins

multiplier

autoplay

scatters

wilds

progressive

It is a 5×6 online title with cluster pays instead of paylines. Landing 8-12 matching candies or fruits triggers payouts up to 100x initial bet. Its medium volatility alongside its RTP range of 96.48-96.51% offers a 21,100x top prize. Tumbling reels with every win allow unlimited cascades. Its ante bet boosts wagers 25x, while candy bomb multipliers from 2x to 100x appear in both base play and free spins rounds. Hitting +4 lollipop scatters triggers 10 free spins, plus 5 more if 3+ scatters retrigger. 6 scatters also pay $200 for landing on reels in a single round.

2. Gates of Olympus Demo Slot — Best Demo Game with Max Payout

Gates of Olympus is the most popular Pragmatic Play demo slot available online for free with no downloading both on PC and mobile devices.

95.55%

RTP

5000x

max payout

20

paylines

6

reels

15

free spins

multiplier

autoplay

scatters

wilds

progressive

 This Greek mythology-themed title, launched in 2021, has a 6×5 layout with 20 always-active paylines offering a max payout of 5000x initial bet. Zeus scatters pay the highest at $200 for 6, trigger 15 free spins, re-triggerable for 5 more, while winged orbs add 2x-500x multipliers. Its high volatility, 95.55% RTP, $0.20-$125 bets, plus tumbling reels offer more chances of winning for forming a cluster of 8-30 similar symbols. It has a buy bonus feature, allowing players to instantly access free spins at 100x current bet while doubling the chances of landing free spins. Select a 25x or 20x multiplier in an ante bet feature.

3. Sugar Rush Demo Slot  — Sweetest Release of the Year

A candy-themed Sugar Rush demo slot by Pragmatic Play has free spins, frequent hits, and 11,176 winning ways.

96.5%

RTP

5000x

max payout

20

paylines

7

reels

30

free spins

multiplier

autoplay

scatters

wilds

progressive

This highly volatile 7×7 Sugar Rush Demo Slot features cluster pays. Players need 5-15+ matching symbols for wins up to 150x stake. Tumbles remove winning clusters and replace them with cascading symbols to trigger more wins. Multiplier spots apply up to 128x to cluster wins. Scatters trigger up to 30 free spins where multipliers remain static. Its buy-free spins feature is available at $200. With cute candy symbols, players wager from $0.20 to $100 per round for a max payout of 5,000x the stake.

4. Wolf Gold Demo Slot — Popular for Hold & Win Mechanic

Pragmatic Play’s Wolf Gold is a very popular demo slot with Hold & Win mechanic, free spins, and no downloading and no registration options.

96.01%

RTP

250,000

max payout

25

paylines

5

reels

5

free spins

multiplier

autoplay

scatters

wilds

progressive

This American native nature-themed 2017 release has a 5×3 layout, 25 paylines, 96.01% RTP, medium variance and a max payout of 250,000 coins. Its sunset canyon scatters on reels 1, 3, and 5, trigger 5 free spins, retriggerable for 3 more. Stacked Wolf wilds substitute on reels 2, 3 and 4 with up to 140x multipliers during a bonus. Enjoy gameplay with a $0.25-$125 bet range and autoplay options. It has mini, major, and mega jackpots triggered by the money respin feature for chances at max payout. 5 Buffalos award its highest payline prize at 5000 coins, but eagles, horses and jaguars also reward substantially.

5. Jungle Gorilla Demo Slot — Top for Its Visual Effects

The Jungle Gorilla demo slot by Pragmatic Play is an animal themed title with a soundtrack that reflects the natural sounds of the jungle.

96.57%

RTP

280,000

max payout

20

paylines

5

reels

free spins

multiplier

autoplay

scatters

wilds

progressive

It is a 5×3 title featuring 20 paylines set deep into a lush rainforest with animated butterflies, chameleons and gorillas. Bets are available from $0.20 to $100 per round across devices, thanks to its HTML5 design tech. When golden gorillas (scatters) land, they increase reel multipliers to 5x. Stone-carved poker icons and jungle animals make up winning symbols in combinations of 3-5. Trigger free spins by landing scatters, where reel multipliers boost all payouts. 96.57% RTP and medium volatility provide a decent winning potential, with frequent minor hits and a max payout of 2,800x the stake. Substituting wilds also awards $25 for landing 5 in a row. Autoplay with turbo option is available for 10-1000 uninterrupted rounds.

6. The Dog House Demo Slot — Best Choice of Free Games Features

The Dog House Demo slot, by Pragmatic Play provider, with a doggie theme featuring 5 reels and up to 20 paylines.

96.51%

RTP

675,000

max payout

20

paylines

5

reels

27

free spins

autoplay

wilds

scatters

multiplier

progressive

Released in 2019, this 5-reel, 20-payline The Dog House Demo Slot features a barnyard theme with high-paying dog symbols. All symbols, both themed and card icons, pay from 3-5-of-a-kind combos. Its doghouse wild substitutes in wins with 2x/3x multipliers or x9 if three appear in a spin, while paw print scatters appearing in reel 1,3,5 trigger up to 27 free spins. With 96.51% RTP, $0.20-$100 bets, and high volatility, it offers a max payout of $675,000.

If you like these online titles
Wolf Gold

Sweet Bonanza

Sugar Rush

Gates of Olympus

Jungle Gorilla

So try these offline demo slots by Pragmatic Play
Mustang Gold

Candy Burst

Gems Bonanza

Rise of Olympus

Great Rhino Megaways

Both online and offline Pragmatic demo slots let players explore the titles with no risks. While both offer practice spins, online options reign supreme.

Online titles boast:

  • A broader selection of games.
  • Constant updates.
  • Full access to features, all readily available from any device with internet access.

Offline demo slots by Pragmatic Play, on the other hand:

  • Are limited in choices and updates.
  • Require specific software.
  • Offer a less realistic simulation.

While online slot demos like Pragmatic Play’s can offer a trial experience with no downloading, remember: basic mode is for entertainment only. Real-money gambling involves inherent risks and requires responsible practices.

Tips on Playing MegaWays Demo Slots from Pragmatic Play

Megaways demo games by Pragmatic Play revolutionised gameplay with adjustable reels between 2 to 7 and thousands of win ways instead of fixed paylines. These high-variance online gaming machines deliver exciting potential via frequent cascading wins plus lucrative bonus features. Top Pragmatic Megaways to try free with winning combos include:

5 Lions Megaways

This African 96.03% RTP wildlife-themed gaming machine offers 200,664 ways to win. Lion symbols trigger its free spins, where extra lions add more spins for bigger cascade wins.

Madame Destiny Megaways

Madame Destiny is a 96.2% RTP gypsy fortune teller-themed title with 117,649 win ways. Match 6 crystal balls in a bonus for unlimited free spins until no wild lands.

Christmas Carol Megaways

With 117,649 win ways, this 95.99% RTP Christmas classic sees expanding wild scatters trigger 10 free spins plus extra spins, paying up to 50,000x bet.

Playable instantly with no downloads, these high-volatility Pragmatic Megaways demo slots offer adjustable betting and seamless mobile play. Tumbling reels, replacing winning symbols, unlock multipliers up to 5x upon each cascade. Triggering bonus buys or landing free spins offers the highest winning combinations.

Pragmatic Play Free Demo Slots with Free Spins Compared

Free spins are a sought-after feature in online titles, offering players extra chances to win without spending additional credits. Typically triggered by landing scatter symbols, free spins often come with multipliers and can lead to big rewards. Let’s compare all free Pragmatic Play demo slots with free spins:

The compared overview of demo slots with free spins by Pragmatic Play provider.

  • Sweet Bonanza Xmas Demo Slot offers a cluster pays feature with no fixed paylines. Landing +6 candy or marshmallow symbols in a cluster triggers wins up to 21,000x current stake. +3 scatters award 10 to 14 free spins, where more scatters retrigger up to 4 more spins. Sticky wilds during free spins improve payouts.
  • Aztec Bonanza Demo Slot has at least 6 adjacent idols on the 6×8 grid and pay up to 26,000x. When +6 golden face mask scatters land, 10 free spins are activated with each additional scatter, granting one extra spin up to 15. All idol symbols are sticky throughout free games.
  • Juicy Fruits Demo Slot matches +5 fruits for wins climbing to 11,250x the bet. With +3 watermelon scatters, players win 8 to 15 free spins, with 4 scatters adding 5 extra games. All high-paying fruits become sticky on reels during free rounds.
  • Starlight Princess Demo Slot has 5 cascading gem symbols offering payouts up to 25,000x. When 4 princess wilds land after any tumble, 10 respins activate in which all wins have a guaranteed 2x multiplier applied to boost payouts significantly.

Best Demo Slots Pragmatic Play with Max Win

Max win is crucial for players seeking big thrills in free demo games. Pragmatic Play delivers, with most titles boasting max payouts exceeding 5,000x for the initial bet. These substantial wins often come from standard payline combinations, even without progressive or fixed jackpots. Let’s explore the best demo slots from Pragmatic Play with massive max payouts.

The rate of Pragmatic Play’s demo slots with massive payouts, wild symbols, and without a progressive jackpot.

  1. Buffalo King has a Wild West theme, high volatility, and 96.06% RTP. Up to 100 free spins can be won where Buffalo King multiplier wilds raise payouts to the 93,750x max and other wildlife signs. With Buffalo King, expect stampeding wins in true Western style.
  2. Gold Rush: In the medium volatility online title, miners dynamite through rocks by the 96.50% RTP gold mine in search of the 2,500x top prize. Up to 10 free spins see progressive multipliers boost payments from lucky nuggets and mining tools during a prospecting feature.
  3. Fruit Party piles vibrant grapes, oranges, and related symbols onto the 5×5 tumbling reels of this 96.47% RTP. Over 14 free spins, cascading symbols, and win multipliers reaching 66x lead to the juicy 5,000x max payout.
  4. Aztec Gems features ancient temples where precious stones and totems adorn its 5×3 reels. Its 96.52% RTP, alongside high volatility, makes it more thrilling. Win multipliers reaching 16x help unlock the epic 22,519x top payout alongside mystical charms. There is no free spins feature, though.

Online demo slots by Pragmatic Play have a strong system of bonuses including a welcome bonus, free spins, no deposit, and a progressive jackpot feature.

Top 5 Bonuses of Pragmatic Play Demo Slots with No Download 

Free demo games by Pragmatic Play are known for huge promotions like welcome offers, free spins, and no-deposit rewards. While Pragmatic Play’s real money slots offer permanent bonuses, demo incentives provide plenty of free play value while allowing players to test games risk-free before depositing. Award amounts, expiration dates, wagering requirements, and terms vary with each offer. Top 5 bonuses:

🎁Welcome bonuses: Most reputable online casinos entice new players by matching their initial deposits 100% up to $500. Some even throw in 50 free spins on popular Pragmatic titles.

🎁Free spins: Recurring promotional calendars often feature free spin offers on new releases like Gates of Olympus. Whether 25 spins on Mondays or 100 spins on the weekend, these provide gratis chances to win real cash.

🎁No deposit: Some casinos offer new registrants free spins or credits without requiring initial deposits, but some award after players make their first deposits. Usually, no-deposit-free rounds and cash offers are fewer than their first deposit counterparts.

🎁Jackpots: Select Pragmatic demo slots are linked to four-tiered jackpot pools ranging from mini to mega. Triggering the Grand Jackpot while betting max lines/coins could lead to a life-changing payout.

🎁VIP programs: VIP members earn lucrative monthly cashback, birthday and high-roller bonuses, faster payouts, personalised gifts, and event invites. Reaching diamond-level status brings long-term advantages.

The Truth About Demo Slots by Pragmatic Play: Pros and Cons Revealed

Playing Pragmatic Play free demo slots without downloading gives players invaluable insights on what to expect during actual money gameplay. However, players hoping for full gaming experiences may find them unfulfilling. Here’s what players get vs what they miss out on when playing demos of Pragmatic Play slots:

Pros

✅Risk-free gameplay: Experience free titles without risking any money.

✅No lengthy procedures: Playing free demo games by Pragmatic Play requires no lengthy procedures involved with casino registration.

✅Identify features and gameplay: Learn about different in-game features, bonus rounds, and overall gameplay mechanics before playing for real money.

✅Develop strategies while honing skills: Practice gameplay to test different strategies without incurring any financial risks.

✅Discover new favourites: Try various games, including new releases, to find out what suits personal preferences without financial commitment.

✅Available anytime, anywhere: free Pragmatic slots with an internet connection are available from any device. This offers convenient entertainment.

✅Free access to bonus features: Most no cash games give access to all their bonus features, allowing players to experience unique twists in their base-game mechanics.

Cons

❌No real money wins: No actual money can be won or withdrawn when playing free mode.

❌No casino-specific offers and promos: Since one is not required to play from an online casino or register in one, there’s no access to promotions and bonuses from gambling sites to players for signing up and continuing to play.

❌Limited functionalities: Some features, like progressive jackpots or real-time tournaments, might not be available in demo mode. Full experiences with such features are only available when wagering actual funds at real money online casinos.

❌No real-world experience: Playing with virtual currency doesn’t replicate the emotions and potential consequences of real money gambling. Gameplay is more thrilling when real money is on the line or when one is anticipating life-changing wins.

❌Not a substitute for responsible gambling: They should not be used as a replacement for responsible gambling practices. Even without financial risks, excessive gaming can affect one’s productivity.

❌Temptation to transition to real money: Playing Pragmatic Play free demo slots without downloading might encourage most players to transition to actual money gameplay, which requires responsible decision-making.

Not all bonus features are available: Some bonus features may require real money wagers to activate, making them unavailable when playing demo versions.

Points To Consider When You Play Pragmatic Demo Slots for Free

With over 200 Pragmatic Play Slot Demos, settling on a few titles is always daunting. This section lists some crucial factors every player should consider when narrowing down their favourite free titles. Doing so should also maximise gameplay and potential payouts after transitioning to real-money play.

  1. Check its RTP (Return to Player): Find out the percentage of returns each offers to players from its base mode. This percentage indicates its theoretical long-term payout. Higher RTPs signify higher potential for winning in the long run.
  2. Explore the Volatility: High volatility offers less frequent wins but potentially larger payouts, while low volatility provides more frequent but smaller wins. Choose based on preferred risk-reward tolerance.
  3. Identify the Paylines: This refers to the number of potential winning combinations per spin. More paylines generally offer more chances to win but can also make gameplay more complex.
  4. Study Bonus Features: Explore bonus features like free spins, multipliers, or jackpots. After identifying features, understand how they work, including their associated payouts and rules. Choose a free demo slot Pragmatic Play with more appealing features for an enhanced gameplay experience.
  5. Read Game Reviews: Look for user reviews or expert opinions on specific titles to gain insights into gameplay, features, rules and overall user experience. Our site has attached technical reviews under each game for more guidance.
  6. Match Your Preferences: Ultimately, choose a demo game that aligns with your personal preferences regarding theme, graphics, gameplay style, and the factors mentioned above.
  7. Verify Mobile Optimization: Ensure demos work flawlessly on smartphones or desktops for playing anywhere without performance issues.
  8. Read Game Rules: Knowing all rules and conditions for bonuses, wilds, and scatters lets players form better strategies while using their free credits.

 Play Pragmatic Demo Slots for Free & Win Real Prizes

Every player has an opportunity to win real money by playing Pragmatic Play’s online demo slots for free without downloading on socialtournaments.com.

Pragmatic Play pioneered social tournaments for free-play demo slots back in 2017. These entertaining contests are open to players globally, provided they have registered a free account with the provider. Tournaments typically feature branded Pragmatic megahits like Sweet Bonanza, Gates of Olympus or Wolf Gold, where participants compete on leaderboards for hefty cash prizes without risking real money. Win up to $3000 in cash cards from vendors like Amazon by scoring the highest points in a set number of spins. The more entries, the bigger the prize pool, which can scale up to $10,000 for mega tournaments. The largest recorded payout so far has been a $15,750 cash card.

Pragmatic offers regular tournaments for new and popular gaming machines. Join daily, weekly, or monthly tournaments through the website or mobile app.

How to Choose a Perfect Game Slot Demo by Pragmatic Play?

Selecting an ideal demo Pragmatic slot for tournaments is vital for maximising one’s leaderboard score. When playing for free and aiming to top the ranks, consider the following features:

  • In-game capabilities. Pick titles loaded with multipliers, bonus rounds or frequent hits to rack up points steadily. High variance no-line Megaways like Sweet Bonanza work well. Also, check the adjusted RTPs set for tournaments.
  • Accessible gameplay. Games supporting touch controls, smooth graphics and prominent buttons make repeated quick spins easy across devices. Test beforehand how the gaming machine performs on PC or mobile.
  • Bonus Triggers. Bonus buy options and frequent bonus rounds in the base game allow for accumulating wins rapidly, so check for these features. Avoid complex titles with high bets that cannot be afforded.
  • Familiarity. Practice beforehand to get familiar with game rules so tournament gameplay becomes instinctive and maximum spins occur effortlessly.
  • Performance reliability. Ensure selected titles function flawlessly without lags across various operating systems through adequate practice with available software specifications.

Demo Slots FAQs: Free Demo Games by Pragmatic Play<H3>

1. What is the best Pragmatic Play demo slot?

There are numerous trending online demo slots by Pragmatic Play, including Sweet Bonanza, Wolf Gold, Gates of Olympus, and Sugar Rush. As for the best, the choice is up to players, depending on their preferred bonus features, gameplay mechanics, and risk-reward tolerance.

2. How many demo games does Pragmatic Play have?

Pragmatic Play offers over 200+ exciting demo slots spanning various themes and innovative mechanics like the famous Sweet Bonanza and the latest release, Big Bass Float my Boat, which is accessible instantly for free.

3. Is there a strategy for winning Pragmatic Demo Slots?

Strategies for winning Pragmatic demo slots involve optimising gameplay by selecting high-variance titles with many bonus features and utilising free spins efficiently through timely manual spins and perfectly timed auto spins to maximise scores.

Latest News

Bacta pledge support for Safer Gambling Week as industry drives awareness campaign

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Bacta is at the forefront of initiatives to encourage responsible gambling with the leading trade association for the land-based low-stake sector joining the Betting and Gaming Council, the Lotteries Council and the Bingo Association as organisers and supporters of the 2024 edition of Safer Gambling Week (SGW) which runs 18th – 24th November.

With a core objective of encouraging people to talk and take action to gamble responsibly, the initiative which is running for its eighth year, will feature what the official SGW web site refers to as a ‘blitz’ of safer gambling messages online and in land-based venues in order to spark a nationwide conversation about responsible gambling and the safeguards that have been put in place by the regulated industry.

George McGregor Bacta’s Executive Director (Government Relations) believes the initiative continues to make a significant contribution to the industry’s endeavours to reduce further the incidence of problem gambling. He stated: “The first point to make is that Safer Gambling Week draws attention to what Bacta members are practicing every week and every day of the year. This commitment and culture is something that every Bacta member should be extremely proud of.

“The consumer-facing Safer Gambling website poses a series of questions to consider and outlines how to use safer gambling tools such as setting time and deposit limits and how to self-exclude from gambling.”

He added: “As an awareness raising initiative Safer Gambling Week has demonstrated its value. Safer Gambling Week 2023 smashed previous social media records, generating over 50 million impressions across Twitter, Facebook and Instagram.

“The website received half a million visits and the campaign engaged with a large number of cross-party MPs and peers who gave their backing as did Premier League clubs West Ham United and Brighton and Hove Albion.

“Safer Gambling Week demonstrates that Bacta, its members and the industry at large is fully committed to delivering a safe, responsible and enjoyable gambling entertainment experience for all of its customers.”

 

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Financial reports

SharpLink Gaming Announces Third Quarter 2024 Financial Results

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SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and iGaming industries, today announced its financial results for the three and nine months ended September 30, 2024.

Financial Highlights

  • Revenues decreased 27.7% to $2,838,908 for the first nine months of 2024, compared to $3,925,618 for the same nine-month period in 2023. For the three months ended September 30, 2024 and 2023, revenues declined 34.7% to $881,690 compared to $1,349,331, respectively.
  • Total operating expenses declined 25.9% to $4,426,835 from $5,977,327 for the nine months ended September 30, 2024 and 2023, respectively; and total operating expenses dropped 46.0% to $970,080 from $1,795,057 for the three months ended September 30, 2024 and 2023, respectively.
  • For the nine months ended September 30, 2024, net income climbed to $11,002,266 after factoring net income from discontinued operations of $14,567,733 – up 673.3% from a net loss of $9,114,443 inclusive of the net loss from discontinued operations of $2,523,754 posted for the comparable nine months in the prior year. After factoring a net loss from discontinued operations of $97,139, the net loss for the three months ended September 30, 2024 decreased 68.9% to $885,131 when compared to a net loss of $2,849,547 for the same three months ended September 30, 2023 after factoring a net loss from discontinued operations of $822,100.
  • As of September 30, 2024, cash on hand was $1,850,206 and total stockholders’ equity was $2,020,143. This compared to $2,487,481 cash on hand and total stockholders’ deficit of $9,399,769 as of December 31, 2023.

Commenting on the results, SharpLink Chairman and CEO Rob Phythian said, “The notable decline in operating expenses reflects SharpLink’s continued focus on streamlining our affiliate marketing business; and the significant improvement in our bottom line results is largely a result of our $22.5 million cash sale of our SportsHub fantasy sports and sports game development businesses to RSports Interactive, Inc. earlier this year. Since that time, we have succeeded at scouring our balance sheet, eliminating virtually all of our debt, and have turned our attention to identifying, qualifying and pursuing compelling strategic growth opportunities that we believe can best be leveraged to create and enhance long-term sustainable value for our shareholders. As we progress through to the end of the year, we look forward to sharing much greater insight into our future plans for SharpLink resulting from the collective due diligence efforts of our leadership team and our highly engaged Board of Directors.”

For more detailed information about SharpLink’s Third Quarter 2024 financial results, please refer to the Company’s Quarterly Report on Form 10-Q filed yesterday with the U.S. Securities and Exchange Commission and accessible online at sec.gov or via SharpLink’s investor relations page at investors.sharplink.com/

About SharpLink Gaming, Inc.

Headquartered in Minneapolis, Minnesota, SharpLink is a trusted marketing partner to leading sportsbooks and online casino gaming operators worldwide. Through its iGaming affiliate marketing network, known as PAS.net, SharpLink focuses on driving qualified traffic and player acquisitions, retention and conversions to U.S. regulated and global iGaming operator partners worldwide. In fact, PAS.net won industry recognition as the European online gambling industry’s Top Affiliate Website and Top Affiliate Program for four consecutive years by both igamingbusiness.com and igamingaffiliate.com. SharpLink also owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners which are licensed to operate in each respective state. For more information, please visit sharplink.com.

Forward-Looking Statements

This release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business through strategic growth opportunities, the potential benefits of the Company’s products, services and technologies and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, government regulation of online betting, customer acceptance of new products and services, the demand for its products and its customers’ economic condition, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of the Company and its competitors, general economic conditions and other risk factors detailed in the Company’s annual report and other filings with the SEC. The Company does not undertake any responsibility to update the forward-looking statements in this release.

CONTACT INFORMATION:
INVESTOR AND MEDIA RELATIONS
[email protected]

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Latest News

Exploring the Strategic Benefits of Cashback Programs with Bojoko CEO Joonas Karhu

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The significance of cashback programs extends beyond mere player retention.
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The significance of cashback programs extends beyond mere player retention. They are a compelling incentive for new player acquisition, particularly among demographics that value financial reassurance during gameplay. By offering a partial refund on losses, operators can create a more forgiving gaming environment, encouraging players to engage more freely and frequently.

To gain deeper insights into the strategic advantages of cashback programs, we spoke to renowned industry expert Joonas Karhu. He is the CEO of Bojoko, a leading online casino affiliate platform known for its expertise in everything from exclusive offers to optimizing bingo bonuses.

In this interview, Karhu shares his insights on how cashback initiatives impact player acquisition and retention metrics, the specific player demographics that respond positively to these incentives, and the potential financial implications for operators. He also provides practical advice on effectively implementing cashback programs to maximize their benefits while mitigating associated risks.

How do cashback programs impact player acquisition and retention metrics?

From a retention perspective, cashback offers create a more forgiving gaming environment. Players are more inclined to return, knowing that some of their losses will be reimbursed. This assurance can reduce churn rates and extend the customer’s lifetime value.

You might not think that cashback programs could be a driver for new player acquisition, but they actually do have this effect, much more than UK casinos might expect. We have a page highlighting British casino sites with cashback bonus offers available, and from this, we have seen some interesting data.

Hundreds of Brits are specifically looking for casinos with cashback every month, and while smaller than many other searches, such as free spins, etc., this traffic and niche interest should not be ignored. Additionally, players will also take cashback into consideration when reading casino reviews and comparing websites. Adding cashback is a positive factor across the board.

Are there specific types of players who respond more positively to cashback incentives?

Cashback programs tend to resonate particularly well with the types of players you want at your casino, namely regular recreational players and high rollers.

For the former group, it is about a safety net and better odds. The logic is somewhat similar for high rollers, but the numbers they are playing for are huge, and you should strongly consider making your cashback for VIP rollers real cash rather than bonus money. Highrollers are used to getting money straight into their hands, have alternatives, and will be picky.

What are the potential financial implications for operators offering cashback programs?

While cashback programs involve returning a portion of losses to players, the long-term financial benefits often outweigh the immediate costs. Yes, you will lower the house edge, but in return, enhanced player retention leads to sustained revenue streams.

However, it’s crucial for operators to carefully design these programs to ensure they are financially sustainable, balancing player incentives with the company’s profitability goals. This is especially key for highroller incentives.

How can operators effectively implement cashback programs to maximize their benefits?

Operators should tailor cashback programs to align with their target audience’s preferences and behaviors. If you have a solid VIP or high roller base, have a separate system for them. Tiered loyalty programs or VIP programs work as well. It is also possible to only make cashback available for your VIP players if you have data showing that your regular incentives do enough to retain recreational players.

Are there any risks or downsides associated with cashback programs that operators should be aware of?

The only real risk is miscalculating your profit margins, especially when it comes to high rollers. Be careful that big wins from one set of players, coupled with high cashback payouts to others, are planned. The unexpected does happen, and you need to be prepared for it.

If you plan cashback right, there is no real risk. You are simply trading a small percentage of your house edge for retention. Just ensure the house edge is squarely on your side, and should you end up with a very high RTP overall, be sure to advertise it for maximum potential. There’s also a very large group of British players that really cares about payout percentages, and being over 96-97% can give you a nice additional boost in acquisitions.

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