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LeoVegas among first to receive gambling licence in Sweden


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Today it was announced that LeoVegas subsidiary LeoVegas Gaming Plc is among the first to have its application approved and the right to conduct casino and sports betting online. Starting 1 January 2019 only companies that have been granted a licence will have the right to conduct gambling activities in Sweden.

“Finally – we have been waiting for this day for a long time and is a milestone in LeoVegas history! We have worked hard with the extensive application process and I am very proud of our work. LeoVegas currently has gaming licenses in several countries and has thus broad experience operating in a regulated environment”. 

“In recent years we have invested substantially in responsible gaming and LeoSafePlay, an area that will continue to make up a fundamental part of our operations. Being among the first operators to receive a gambling licence is a quality seal and affirms LeoVegas as a leading, long-term and serious actor in the industry. LeoVegas is the most well-known online casino brand in Sweden.[1] We believe we offer the best mobile gaming experience. This combination is hard to beat and gives us a strong position in our home market where we continue to grow,” comments Gustaf Hagman, LeoVegas’ Group CEO.

LeoVegas’ expansion strategy is to focus on regulated markets and markets in the process of being regulated. Today 35% of revenue is generated from regulated markets (Q3 2018). With Sweden as a regulated market, this figure is expected to be approximately 60% in early 2019. Sweden is an important market for LeoVegas in achieving its financial targets for 2020.

Regulated markets

Responsible gaming – LeoSafePlay
Regulated markets have more extensive guidelines for responsible gaming, which LeoVegas welcomes since, with experience from other regulated markets, has developed organization and marketing methods to offer the greatest gaming experience in a sustainable way. For example, the central register for players who have chosen to close their accounts will serve as a valuable tool in responsible gaming.

LeoVegas has always had a focus on responsible gaming, and the company’s platform for this area, LeoSafePlay, is conducted as a standalone business unit. This is in order to create the best conditions for the next generation’s system of responsible gaming based on machine learning and artificial intelligence.

Market dynamics

LeoVegas experience is that regulated markets favour larger actors with strong brands. In regulated markets, more marketing channels are also opened up, such as Google and Facebook. Over time the assessment is that the amount of marketing in the Swedish market will decrease.

Regulated markets entail that the gaming operators pay taxes. In Sweden the tax rate is 18% of revenues, part of the tax will be shared with LeoVegas external suppliers and absorbed by other market forces, thus only partially burdening the operators’ income statement.

About the LeoVegas mobile gaming group
LeoVegas’ passion is “Leading the way into the mobile future”. LeoVegas is the premier GameTech company and is at the forefront of using state-of-the-art technology for mobile gaming. A large part of this success can be credited to an extreme product and technology focus coupled with effective and data-driven marketing. Technology development is conducted in Sweden, while operations are based in Malta. LeoVegas offers casino, live casino and sports betting, and operates two global and scalable brands – LeoVegas and Royal Panda – as well as a number of local brands in the UK. The company’s shares are listed on Nasdaq Stockholm. For more about LeoVegas, visit www.leovegasgroup.com. 

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Made-in-India Battle Royale Indus Gameplay Trailer Revealed via London Takeover, Pre-Registrations Live Now

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Leading Indian game developer SuperGaming has revealed the first gameplay trailer for its upcoming Indo-Futuristic battle royale Indus to celebrate India’s Republic Day of January 26, 2023.

To launch the gameplay trailer, the company released a series of high-impact takeovers across the biggest locations in London. This is in line with SuperGaming’s vision of putting India on the global gaming map much like its previous Indus trailer launch at New York’s Times Square to mark India’s Independence Day of August 15, 2022.

“As we’ve been making Indus and seeing its gameplay evolve over the year, we wanted to share it with the rest of the world,” says SuperGaming co-founder and CEO Roby John. “This gameplay trailer is for the Indus community the world over that may not have been able to play it with us and to show off the true scale of battle royale that we want you to have when the game is out.”

The trailer entices players to discover, loot, and win on Virlok — the game’s island map, all while showcasing Indus’ weapons, Paragons (the game’s character skins), and traversal. It also highlights multiple locations and firefights with an intent of showing the scope and size of the battle royale experience SuperGaming aims to provide.

You can check out the trailer right here:

 

Indus Pre-Registration Details

Pre-registrations for Indus are now live on the Google Play Store for Android with pre-registrations on the App Store for iOS and iPadOS to follow soon. Pre-registering early will get you exclusive surprises that will make your experience of Indus truly your own.

You can pre-register now for Indus via the Google Play Store.

In the run up to Indus’ release date, SuperGaming will have multiple community playtests through the year. The last community playtest was held at Comic Con Bengaluru which was met with a tremendous response from the community, on an average being overbooked by 50 percent for each playtest slot. Players will be able to share their thoughts on various aspects of the game and impact the direction of how SuperGaming crafts its most ambitious title yet.

The first Indus Community Playtest for 2023 will be revealed soon.

For more on Indus, check out the developer blog as YouTube, Discord, Twitter, and
Instagram for the latest behind-the-scenes updates.

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nanocosmos is kicking off its 25th anniversary at ICE London 2023 to present refined features for real-time streaming at booth N9-322

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nanocosmos at ICE London, Feb 7-9, N9-322 - kicking off its 25th anniversary, celebrating 25 years of innovation
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The well-established and awarded provider for B2B interactive live streaming starts this year’s dedicated celebration of the company’s 25 years of innovation at ICE London.

Since nanocosmos joined ICE for the first time in 2018, the unique live video streaming platform nanoStream Cloud has raised the bar for live games and live bets being available anywhere at any given time on any device. Right from the beginning, the global gaming industry responded with fantastic feedback in regard to the ultra-low latency live streaming platform that delivers interactive content anywhere in the world on any device – even on mobile platforms, including iOS. The solution has matured and grown into a full featured end-to-end platform with a global network with hundreds of hosts for 24/7/365 operations. This includes unique live video streaming technology and additional tools for analytics and security. Clients from the iGaming and betting space particularly value the fact that the solution combines 100% stability with global access and allows platform operators to deliver interactive games with maximum quality of service and quality of experience for business applications around the world.

CEO and founder Oliver Lietz says: “In the midst of a rapidly changing industry, we noticed that next to the strong demand for games and betting to be available on any device anywhere in the world at ultra-low latency, it is incredibly important for our clients that they can rely on the stability of our platform. 25 years in the audio/video industry is a lot considering how we started in the video broadcast industry with software innovations from the ground off. I am proud that we can dedicate this year to celebrate sustainable innovation and partnerships, which have been our core values from the beginning.”

At booth N9-322, the nanocosmos team will showcase their product – nanoStream Cloud – with new features that highlight ease of use and refine the focus on Quality of Service and Quality of Experience.

 

New technical features to boost iGaming, betting and live casino include expanded global footprint, security, ease of use and the SRT launch

The smart spectrum of nanoStream Cloud delivers games in real-time, provides adaptive, data driven streaming for improved Quality of Service and Quality of Experience and relies on a strong Content Delivery Network, which has been significantly expanded over the last 12 months and which now further improves scalability to South America.

A series of new features make it easier and faster for stream administrators to manage and secure their streams: nanocosmos will launch nanoStream Guardian at ICE, which extends nanoStream Cloud’s security features to protect streams from misuse. Based on IP and referrer blocking, users can create blocklists for their organization and easily control which pages and users are allowed to play their streamed games.

In addition, new API routes are now available within Analytics: This allows customers to better observe their streams and to optimize the performance of their delivered content. Clients can now detect issues early during the ingestion of content, e.g., by receiving information about data not coming through or dropping bitrates. By contributing to a “healthy streaming workflow” right from the beginning, clients can optimize the quality of experience for their customers based on adaptive bitrate streaming on any device and network. Another highlight is the official launch of the SRT and Whip streaming protocols for improving live stream quality in bad network situations and from distant locations.

At ICE booth N9-322, the nanocosmos team plans to run special events and activities to celebrate 25 years of innovation.

 

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Red Tiger’s Blood Suckers™ Megaways™ Allows Players to Hunt Down Creatures of the Night in Epic Revamp

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Red Tiger’s Blood Suckers™ Megaways™ Allows Players to Hunt Down Creatures of the Night in Epic Revamp
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Red Tiger has launched Blood Suckers™ Megaways™, a chilling revamp of the renowned NetEnt classic enhanced by the industry-changing MegawaysTM mechanics. This macabre game, where players are advised to hang tight onto their wooden stakes as they slay the vampires, comes in addition to great Red Tiger remakes of further successful heritage NetEnt titles, such as Gonzo’s Quest™ Megaways™ and Piggy Riches™ Megaways™.

Creatures of the dark manifest onto the blood-soaked reels as the game’s noir ambience tests the player’s nerves. Sliding the top of the randomly appearing coffins aside, players must drive a wooden stake through the sleeping vampire’s hearts for valuable rewards.

Random and Super Wilds will either summon symbols to complement Megaways™ matches or evoke random Ways Multipliers onto the reels, respectively. If at least 3 Scatters club together on the reels, they will take the player to Free Spins—the more Scatters, the more coffins the lucky players can open at the beginning of the Bonus Round. Unveiling the rewards in the coffins by killing the undead monsters, players can enter the moldy mausoleum for Free Spins, where they may be empowered by random Wilds, Super Wilds, Bonus Spins, and Wins Multipliers for potentially greater wins.

Gionata La Torre, Chief Executive Officer Europe at Evolution, said: “The sinister creatures of the classic NetEnt title make a second appearance in this epic revamp, spiced up with exciting new features. The team has done a fantastic job bringing together the best signature elements from our versatile brand portfolio to create a game that will thrill and entertain new and returning players alike. Better keep the garlic and holy water close – it’s time to go vampire hunting in Blood Suckers™ Megaways™!”

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