Connect with us
BGaming
Playson

Industry News

Zitro Anticipates A Shockingly Cool ICE 2020 In London

Published

on

Zitro Anticipates A Shockingly Cool ICE 2020 In London
Reading Time: 3 minutes

 

Wider Choice, Bigger Success! Under this claim Zitro will once again showcase its vast and steadily growing product library of successful Video Slot and Video Bingo games and solutions at the Ice Totally Gaming Show in London.

Centre stage will be taken by the various distinctive cabinet models that have been specifically designed to maximize the potential of Zitro’s gaming content and provide extraordinary gaming experiences as well as to create a diversified and attractive landscape on the casino floor. The portrait-type cabinet ILLUSION incorporates an impressive 43-inch Ultra HD curved monitor and a 21.5-inch digital topper. ALLURE on the other hand comes with three 27-inch Full HD Screens as well as the ‘Synchroscreens’, a powerful multimedia system integrated by the superior monitors that create an incredible immersive experience. Both cabinets were presented for the first time at the G2E 2019 trade show in Las Vegas and have since been installed in multiple Casinos all over the world, showing amazing results. Zitro’s popular Fusion cabinet, in both its upright and slant version, will also be showcased with more and even better content. All three cabinet types, ILLUSION, ALLURE and FUSION are compatible with Zitro’s powerful digital button panel ‘SmartDeck’.

In terms of content at ICE, the incredible multigame Link “Double Link” on the ILLUSION cabinet will have its worldwide debut. This fascinating new game will blow players’ mind as it offers new functionalities never seen before on a Link game! Get ready for double the fun with Double link!

Visitors will feel the impact when they arrive at the stunning ‘Shock Lounge’ at Zitro’s booth. Inaugurated for the first time at the end of 2019 in a Casino in Mexico, this shockingly cool area contains a broad and proven game library such as Link Shock, 88 Shock, Link Me Shock, Link Shock II and 88 Link Shock; a game library which is growing exponentially. All of these games are interconnected to the same mystery progressive jackpot. The biggest advantage of this area is that players can select their favourite game, but with the possibility to win the mystery shock prize that is triggered with an amazingly high frequency, providing more entertainment and rewards.

In addition, Zitro will present the winning combination of its multiway multigames with extra charged Link Bonuses like Bashiba on Illusion, or 88 Link Wild Duels and 88 Link Lucky Charms on Allure. And if that isn’t enough, the floor will also shine with Zitro’s classic Link multigames with a panoramic sign: Link King, Link Me and Link Shock, now with even more games, together with the popular LAP’s Blazing Pearls and Guns & Gold as well as its standalone game Hot Deal, now with 20 games.

Being the world leader in Video Bingo, visitors will also be able to enjoy Zitro’s newest Video Bingo game releases as well as new online content of both Video Bingo and Video Slots presented in its Zitro Interactive area for both B2B as well as B2C customers through its social Casino Let’s WinUp!.

Johnny Viveiros Ortiz, Founder and passionate leader of Zitro commented that: “It was only three years ago when we showcased our first Video Slot Machines at ICE Totally Gaming 2017. Now we do not only have a vast and steadily growing game library and hardware selection, but we also have the recognition of all major casino operators throughout the world, as they have experienced first-hand the success of our Video Slots and/or Video Bingo products, positioning us, as we strove to become, a global leader in the gaming industry. This unprecedented success story is only possible thanks to the absolute best team, of which I am fortunate to lead.”

Zitro can be found at booth number N6-160 at Ice Totally Gaming at the Excel Centre in London, from February 4th to 6th.

Advertisement Kasynos.Online

Industry News

Patrick Svensk Resigns as Chairman of Betsson

Published

on

Reading Time: 2 minutes

 

Patrick Svensk, Chairman of the Board of Betsson AB (publ), has informed the Nomination Committee that he is resigning from Betsson’s Board of Directors and the assignment as Chairman with immediate effect. The Board has appointed Johan Lundberg, currently a member of Betsson’s Board, as the new Chairman.

Patrick Svensk has been a member of Betsson’s Board of Directors since 2005, and Chairman of the Board since 2017. The decision to resign from Betsson’s Board of Directors is based on the fact that the company’s major shareholders have stated that they no longer have full confidence in Patrick Svensk as Chairman of the Board. The lack of full trust is due to how the dismissal of the CEO was handled, which the company communicated in a press release on September 17, 2021.

“It is very sad, and I am sorry that I have disappointed our major owners, but I have done what I thought was best for the company. I am proud of what we have achieved during these years and wish everyone at Betsson great luck in the future,” Patrick Svensk said.

Johan Lundberg, who has been appointed as new Chairman by the Board, has been a member of Betsson’s Board since 2018. Johan Lundberg is the founder of NFT Ventures and a Board Member of Loomis, Svolder and Ölands Bank.

“I would like to extend a warm thank you to Patrick Svensk for his valuable contributions to the Board for almost 17 years. I look forward to continuing the work with the rest of the board to recruit the next generation of international leader to Betsson and at the same time complete the strategic work that is going on with renewal and growth,” Johan Lundberg said.

The Chairman of the Nomination Committee Michael Knutsson has expressed full confidence and support for the remaining Board members and its election of a new Chairman and supports the decision to seek the next generation of international leader for Betsson.

Continue Reading

Industry News

Holland Casino Expects Gains in H2 2021

Published

on

Reading Time: 2 minutes

 

Holland Casino is preparing for recovery after a rough first half of the year, having been forced to close for more than 5 months due to measures taken against the COVID-19 pandemic.

As anticipated by the Dutch state-owned company, the extended closure had a negative impact on its financial results for the first half of the year. But as its 14 branches have been operating again since June 5, the operator now expects to post positive results for the second half of 2021.

Turnover achieved in June shows that Holland Casino will soon be able “to operate in a healthy manner” again. Moreover, after having completed “necessary restructuring,” the company expects to become a more efficient and agile organisation, according to a press statement released on Wednesday.

Turnover for H1 2021 posted a low €28.8 million. Net results for tax purposes amounted to a loss of €64.8 million, compared to a loss of €37.8 million over the same period in 2020, in which the company remained open for several months.

“Although Coronavirus also hit our company head-on in the first half of 2021, notably our anniversary year in which we celebrate 45 years in business, we still look ahead with confidence. All in all, Netherlands was deprived of legal casino offer for almost a year, but now that the measures are disappearing little by little, recovery is in sight,” Erwin van Lambaart, CEO of Holland Casino, said.

“We see bright spots in the potential offer of online games of chance as of October 1, for which we have applied for a license, and the opening of our new world-class casino branches in Venlo and Utrecht,” van Lambaart added.

CFO Ruud Bergervoet considers that having sufficient liquid assets in the past six months was key to the company getting through the difficult period of closure. That, along with the NOW scheme, the deferral of tax payments, strict cost control measures and tight operation management, led to the company being able “to safeguard the continuity” of its operations over the past year and a half.

“The significant tax debt of €190.5 million is offset by a strong liquidity position without bank debt. We are therefore considering paying off this tax debt more quickly if no new Coronavirus measures are introduced and the recovery actually continues. The results after June are promising in that regard,” Bergervoet said.

Despite all branches now being open, certain pandemic measures are still being enforced, and Holland Casino is receiving guests at limited capacity in its gambling venues. The company expects that these measures will be phased out, with the hope to open at full capacity and without restrictions “towards autumn.”

“We are also looking forward to the reintroduction of poker, live bingo and our NXT zones so that gaming can really be experienced together again. We also hope to be able to offer our bars and restaurants after midnight, which currently all close at midnight,” van Lambaart said.

Continue Reading

Industry News

Singular Signs 100% of Shares to Flutter Entertainment

Published

on

Reading Time: 2 minutes

 

Accountancy firms Crowe UK and Partis Capital have partnered to advise the shareholders of B2B software development company Singular on the sale of its business to Flutter Entertainment.

Singular will sign over 100% of its shares to operator giant Flutter and is the latest company to emerge from the partnership between Crowe and Partis, which provides a combination of M&A expertise and market access; aiding enterprises in the gaming sector with full support on all M&A advisory services.

Darko Gacov, Co-founder and Chief Business Development Officer of Singular, said: “This deal is a huge recognition of Singular and what we managed to build and it furthermore sets the foundation of an exciting next chapter. We look forward to exploring new challenges and opportunities, now being a part of the largest online betting and gaming company in the world.

“Working with Crowe UK, Partis Capital and DWF on the deal has been a really rewarding experience and their help and guidance throughout the process was invaluable in achieving an excellent outcome for the shareholders.”

Justin Edgar, Director at DWF, and Partner Edon Byrnes led the team who advised any legal aspects of the sale to the shareholders on the decision.

Partis Partners, Dan Beard and Stefan Hamann said: “The Crowe and Partis team have had the honour to support the strategic development of Singular over the past few years. It became apparent early in our collaboration that the Singular team had developed an industry-unique iGaming solution that created tremendous value for operators. We congratulate the Flutter and Singular teams on having the foresight to take advantage of this opportunity to create a very powerful partnership.”

Matteo Timpani, Corporate Finance Partner of Crowe UK, said: “It has been an absolute pleasure to support the Singular team throughout this transaction which represents another iGaming deal delivered by Crowe and Partis.

“The company and culture that the Singular shareholders managed to create is an amazing achievement. We look forward to watching both Singular and Flutter flourish following this important strategic acquisition and wish them every success in the future.”

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay
Advertisement
Kasyno Online na HEX Polska

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.