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Red Tiger’s Wild Cats Multiline™ Nets Game To Watch Award At IGB Live!

George Miller

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Red Tiger’s Wildcats Multiline™ Nets Game To Watch Award At IGB Live!
LtoR Account Manager Nikolai Vuchev and Director of Business Development Carl Ejlertsson.
Reading Time: 2 minutes

 

Slots and casino software provider Red Tiger has scooped the Game to Watch award at this year’s iGB Live! show with its latest blockbuster title Wild Cats Multiline™

Set on the Sun-soaked savannah, the slot takes players on an exciting adventure where each spin may feature between two and seven rows but will always feature 6 reels.

The more rows, the more Multiline™ win lines are possible, up to a maximum of 49 in a high volatility – yet high hit-rate – game with a maximum win of over 2,000x stake.

It beat off stiff competition to pick up the trophy as games from five companies battled it out to prove which was the most innovative and immersive, as well as having the best design and cross-generational appeal.

Director of Business Development Carl Ejlertsson who presented the game to judges in Amsterdam said: “We are delighted to have picked up the Game to Watch award, which was a fun event with which to get involved.

“It is nice to be recognised for our innovation and we are confident that the game will be a big hit with our operator partners in the coming weeks.”

Among the judges of this year’s competition was Andy Harris, UK CEO of Design Works Gaming, who was quick to praise the quality of this year’s entrants.

He added: “As a U.S. based slots and social specialist who are about to enter the European online RMG market, it was fascinating to get such detailed insight into the types of innovation that we will be up against in the coming months.

“There were some very interesting titles on show and some new features that will interest players, but I have to say that Red Tiger was a worthy winner of the award.”

Wild Cats Multiline™ goes on general release on Thursday 25th July and can be viewed here.

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ZEAL Network Reports Good Start to 2021

Niji Narayan

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ZEAL Network Reports Good Start to 2021
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German online lottery products provider ZEAL Network SE has reported a good start to 2021, with the company increasing its revenue, profitability and achieving a strong gross margin.

In the first quarter of 2021, billings rose by 17% to EUR 163.31 million (2020: EUR 140.0 million), of which the Germany segment accounted for almost the entire amount at EUR 163.3 million (2020: EUR 139.7 million). Revenue increased by as much as 19% to EUR 22.6 million (2020: EUR 19.0 million), of which EUR 21.1 million was attributable to the Germany segment (2020: EUR 17.0 million). At 12.7%, the gross margin in the Germany segment was above the prior-year level (2020: 12.1%).

During the fiscal period, the Company gained 156 thousand new registered customers in the Germany segment (2020: 206 thousand). Adjusted EBITDA rose to EUR 4.6 million (2020: EUR 2.8 million) – there were no non-recurring expenses or income. The Germany segment accounted for EUR 4.1 million of this amount (2020: EUR 1.9 million). EBIT and net profit of EUR 2.4 million and EUR 2.5 million, respectively, were also well above the prior-year figures (2020: EUR 0.0 million and EUR 0.1 million, respectively).

“We are pleased that, following the LOTTO24 takeover, the business model change and the organisational adjustments, we will again be able to publish truly comparable figures in the current and previous reporting periods with the first quarter of 2021. In addition, we already demonstrated in the past year that we are capable of exploiting market opportunities, adapting to dynamic environments and continuously fine-tuning our business model. We are consistently continuing along this path,” Jonas Mattsson, CFO of ZEAL Network SE, said.

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Industry News

Dutch Lottery Board Appoints Alexander Pechtold as Chairman

Niji Narayan

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Dutch Lottery Board Appoints Alexander Pechtold as Chairman
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The Dutch Lottery’s supervisory board has appointed retired politician Alexander Pechtold as chairman. He replaces the outgoing chairman of the board, Jan Loorbach, whose tenure has come to an end.

Pechtold is currently general director of The Netherland’s central bureau for driving licences. Before retiring from politics, he had a long career in the Democrats 66 (D66) party, including a 12-year tenure as a parliamentary leader from 2006 to 2018.

“It is an honour to be able to contribute to the future of the largest socially oriented, pre-Dutch gaming organisation. The Netherlands Lottery has proven its position in the lottery market. With just as much energy and confidence, the Netherlands Lottery will also become active in the online gambling market with a responsible offer,” Pechtold said.

“The board and the entire management of the Dutch Lottery are happy with the arrival of Alexander Pechtold. He is introduced to a healthy and future-oriented organisation, and we look forward to continuing to build on our position in the gaming market with the supervisory board,” Niels Onkenhout, CEO of Dutch Lottery, said.

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Industry News

CT Gaming Interactive Content Live on New Casino Brands via BlueOcean

Niji Narayan

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CT Gaming Interactive Content Live on New Casino Brands via BlueOcean
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Online gaming content and solutions provider CT Gaming Interactive has taken its content live with new casino brands through the BlueOcean platform.

The launch on new sites continues the expansion of the company’s reach. The players’ favourite games will be available to the platform’s operating partners horuscasino.com, fortunepanda.com, hazcasino.com and vegazcasino.com. Among the titles which have gone live with the new brands are Lucky Clover, 40 Treasures, Bombay Gems, Dancing Dragons, Darkwoods, Pot o’ Luck, Ramesses the Great and Wizard Blizzard.

“We are delighted to be partners with a platform as forward-thinking as BlueOcean and I am certain our games will be excellently perceived by its operating partners’ players,” Milena Tsankarska, Business Development Manager at CT Gaming Interactive, said.

“We are definitely satisfied with how our partnership with CT Gaming is growing as we already managed to successfully distribute their games to a nice number of online casino operators and we are positive that with time we will be able to expand the collaboration even more,” Dejan Jović, CEO of BlueOcean Gaming, said.

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