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AGS Acquires iGaming Aggregator and Content Provider Gameiom Technologies

George Miller

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AGS Acquires iGaming Aggregator and Content Provider Gameiom Technologies
Reading Time: 4 minutes

LAS VEGASJune 19, 2018  — AGS (“the Company”) (NYSE: AGS) announced it has acquired Gameiom Technologies Limited (“Gameiom”), a UK and Gibraltar licensed iGaming aggregator and content provider for real-money gaming (“RMG”) and sports-betting partners. This transaction bolsters AGS’ diverse product portfolio with the ability to offer iGaming operators some of the highest-performing game content in the marketplace through Gameiom’s remote game server (“RGS”). Under the terms of the transaction, AGS has acquired Gameiom for $5 millionin cash and will integrate Gameiom to serve as the launchpad for the Company’s iGaming division, which will become part of its AGS Interactive business segment.

In assessing RMG providers, AGS felt it was important to pursue a pure content aggregation and distribution platform as opposed to a direct-to-consumer iGaming operation,” said David Lopez, President and CEO of AGS. “Gameiom fits that bill perfectly – their platform enables AGS to distribute our industry-leading game content into many markets, including the U.S, establishing a real-money gaming solution designed to generate revenue for AGS and our partners. Gameiom’s RGS platform is flexible, scalable, robust, and open, capable of delivering hundreds of games and sports-betting integration to operators quickly and reliably. More importantly, Gameiom’s values align with our playbook – they are passionate, team oriented, aspire to win, and a bit obsessed with gaming, just like us.

Matt Reback, Executive Vice President of AGS, added: “This acquisition significantly expands the channels for our industry-leading game content to Gameiom’s key partners, which include BetVictor, Ladbrokes Coral, and William Hill, to name a few. Gameiom knows operators and game developers want to see their content go live as quickly as possible through a reliable integration on a robust platform, and that focus on speed and quality is why they have experienced rapid success over the past 18 months. Acquiring this team and their RMG technology further diversifies and enhances our interactive product suite.

With offices and licenses in the UK and Gibraltar, Gameiom currently distributes content from more than 15 game suppliers including Ainsworth, Gaming Realms, Reflex Gaming, and 1X2 Network, providing access to more than 100 live games and a library of more than 1,000 additional games. As part of the acquisition, AGS will retain and employ the Gameiom team – including key executives Stuart CarrTony EllisGary Hardy, and John Carr – ensuring a smooth transition for customers as AGS expands and grows the current product in the marketplace. Keystone Law acted as a legal advisor to Gameiom during the completion of this acquisition with AGS.

 

About AGS:
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, highly-rated social casino solutions for players and operators, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more about us at www.playags.com.

About Gameiom:
GAMEIOM has two main objectives: firstly, to provide a reliable and robust aggregation platform that empowers innovative game developers to quickly secure a viable and exciting route to market from a single integration; and secondly, to provide content, including proprietary products, that excites and engages players from markets all over the globe. We are licensed by the UK Gambling Commission and the Gibraltar Regulatory Authority with a team spread across the world, including offices in England and Gibraltar. Learn more at www.gameiom.com.

 

Forward-Looking and Cautionary Language
This press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements based on management’s current expectations and projections, which are intended to qualify for the safe harbor of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements identified by words such as “believe,” “will,” “may,” “might,” “likely,” “expect,” “anticipates,” “intends,” “plans,” “seeks,” “estimates,” “believes,” “continues,” “projects” and similar references to future periods, or by the inclusion of forecasts or projections.  All forward-looking statements are based on current expectations and projections of future events.

These forward-looking statements reflect the current views, models, and assumptions of AGS, and are subject to various risks and uncertainties that cannot be predicted or qualified and could cause actual results in AGS’s performance to differ materially from those expressed or implied by such forward looking statements. These risks and uncertainties include, but are not limited to, the ability of AGS to maintain strategic alliances, unit placements or installations, grow revenue, garner new market share, secure new licenses in new jurisdictions, successfully develop or place proprietary product, comply with regulations, have its games approved by relevant jurisdictions and other factors set forth under “Risk Factors” in the registration statement on Form S-1 and its annual report on Form 10-K filed with the Securities and Exchange Commission on May 7, 2018. All forward-looking statements made herein are expressly qualified in their entirety by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Readers are cautioned that all forward-looking statements speak only to the facts and circumstances present as of the date of this press release. AGS expressly disclaims any obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise.

 

Source: AGS

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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MGM Resorts International Announces Fourth Quarter And Full Year 2018 Earnings Release Date

Zoltan Tundik

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"Bellagio" in Las Vegas by Night (Photo credits: Patrick Pelster) - Photo source: wikimedia.org
Reading Time: 2 minutes

 

MGM Resorts International (NYSE: MGM) will release its financial results for the fourth quarter and full year 2018 after the market closes on Wednesday, February 13, 2019. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM’s Investor Relations website at http://investors.mgmresorts.com.

The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers. The conference call access code is 3924102.

A replay of the call will be available through Wednesday, February 20, 2019.  The replay may be accessed by dialing 1-877-344-7529 or 1-412-317-0088.  The replay access code is 10127989.

ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 28 unique hotel offerings including some of the most recognizable resort brands in the industry. Expanding throughout the U.S. and around the world, the company in 2018 opened MGM Springfield inMassachusetts, MGM COTAI in Macau, and the first Bellagio-branded hotel in Shanghai. The 81,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at www.mgmresorts.com.

Statements in this release that are not historical facts are “forward-looking” statements and “safe harbor statements” under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the Company’s public filings with the Securities and Exchange Commission.

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Press Releases

Spinola unveil €50m jackpot Instant Game Engine

Zoltan Tundik

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Reading Time: 2 minutes

 

Spinola Gaming, the leading Malta-based lottery content provider, has continued its far-reaching development programme with the launch of the Spinola Instant Game Engine, an initiative which offers players the chance to win up to €50m per draw.  The Instant Game Engine delivers enhanced levels of flexibility in order to help operators build their own bespoke Instant Win Lottery Games and in the process retain and recruit players more effectively.

Expanding on its groundbreaking applications, Owen Formosa, Chief Technical Officer at Spinola Gaming said: “Operators now have the ability to create their very own Jackpot Games utilizing Spinola’s leading lottery software (Lotto Connex) and jackpot coverage.  It’s a risk free solution that can assist operators in creating unique promotions and campaigns to engage and retain their players in a whole new way.”

Spinola believe that a growing number of operators are using the lottery experience as part of their customer engagement programme.  “The gambling market can be characterised by an absence of brand loyalty which means that operators are reliant on promotions to attract traffic which in turn cuts into profit margins,” stated Formosa.

“The existing business models of Bonus and Free money Offers is so commonplace now that it has become harder for operators to be different or unique and more operators are now looking to Lotteries and Instant Games as a unique marketing tool in order to attract and retain players.

“It’s a much smarter approach and one that can also help to broaden the customer base due to the sheer size of the lottery market space outside of a traditional Casino player.  The Instant Game Engine provides everything that an operator needs to provide a targeted offering to players across the board.”

The Spinola Gaming model is based on a fully insured, risk free solution in which the company provides all of the tools and all of the insight necessary to make the offering work to maximum effect. Developed over the last two and a half years Spinola has created a fully managed range of lottery and jackpot products that integrate seamlessly with online operators.

 

About Spinola
As a new entry to the global lottery market, Spinola Gaming has very quickly established itself as the leader of B2B Lottery Products and Jackpot Solutions now serving over 70 Global Lotteries to more than 100 Operators across the globe through one seamless integration. Spinola’s powerful and innovative lotto engine (Lotto Connex) provides online and state run lottery operators the ability to take advantage of a fully managed solution with the ability to create new lotteries, add lotto betting as a new vertical and offer Jackpots of up to €250m per draw.

www.spinolagaming.com

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Eastern Europe

NSoft`s In-Play Betting MTS in CloverBet´s branch network

George Miller

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NSoft`s In-Play Betting MTS in CloverBet´s branch network
Reading Time: 1 minute

 

NSoft has confirmed new partnership in Romania. CloverBet has selected NSoft´s In-Play Betting MTS solution for its retail network of 50 shops.

 

Comprehensive NSoft Sportsbook solution driven by Betradar’s data provides clients with an extensive offer of up to 25, 000 live events per month across 20+ sports (In-Play MTS).

“We have implemented our In-Play Betting MTS solution to CloverBet branch network. It perfectly fits the existing CloverBet`s business requiring no additional costs. Full responsiveness of our Sportsbook´s solution is a major precondition for further development of cooperation with our new client – CloverBet,” said Karlo Kralj, Regional Sales Manager at NSoft.

NSoft’s Sportsbook MTS solutions for Pre-Match and In-Play Betting are driven by the expertise and commitment of highly skilled professionals who have mastered the art of data management. In addition, the risk related issues are managed by NSoft team, enabling the client to concentrate on business growth path.

NSoft operates on the world’s market for over ten years achieving the company’s goal of becoming one-stop-shop for sport`s betting industry.

NSoft will be showcasing its comprehensive suite of products at ICE London 2019. Don’t miss out on the chance to find out more about NSoft’s products, meet us at Stand S1-260. Book a meeting with NSoft team or contact sales@nsoft.com.

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