Connect with us
SoftSwiss
Playson

Industry News

Yggdrasil wins Innovator of the Year at International Gaming Awards 2020

George Miller

Published

on

Yggdrasil wins Innovator of the Year at International Gaming Awards 2020
Reading Time: 2 minutes

 

Pioneering provider claims trophy for fourth year in a row

Gaming solutions supplier Yggdrasil has won the Innovator of the Year award for an unprecedented fourth consecutive year at the prestigious International Gaming Awards (IGAs) held at London’s Savoy Hotel.

The award recognises the year’s best-in-class supplier that has broken boundaries to disrupt the industry with ground-breaking innovation.

Yggdrasil has achieved this with the launch of its game-changing Publishing division, offering customers ‘the keys to its kingdom’ with all tools they need to build, create and offer a complete B2B gaming business.

It is also introducing a series of transformative game mechanics including Splitz™, offering never-before-seen win potential. Aztec-themed Temple Stacks: Splitz™ was launched in January this year giving players the first view of Yggdrasil’s revolutionary mechanic, which transforms a 3×5 slot grid into reels of infinite potential, offering up to 248,832 pay ways.

As part of Yggdrasil’s new strategic approach, it is franchising its entire business, from its current and future content portfolio and industry-leading gamification to its advanced platform technology and new GATI (Game Adaption Tools & Interface) product. This will enable partners to instantly create their own unique, end-to-end iGaming offering supported by, and in partnership with, Yggdrasil Publishing.

Future customers will be able to license any, or all elements, of Yggdrasil’s gaming eco-system with all technology, functions and content already proven after being live in the most developed iGaming markets for the last six years.

The three core value propositions for the Publishing arm will be: YG Franchise (platform IP licensing) YG Masters (game development and distribution program), and YG Game IP (game IP licensing).

Fredrik Elmqvist, CEO, Yggdrasil, said: “Winning this award for a record fourth year in row is an amazing achievement. It is testament to the huge effort the entire Yggdrasil team has put in to launch the game-changing Yggdrasil Publishing and the investment we put into slot innovation and new mechanics.

This is a ground-breaking global licensing business that significantly changes our and the industry’s approach to content creation, publishing and distribution. In a very short space of time we have become well-known for our highly innovative online gaming content, platform and software solutions but we are now taking this to another level altogether.”

 

To find out more about the new Publishing division, visit stand N3-140 at ICE London 2020 between February 4th to 6th.

Central Europe

ZEAL Network Reports Good Start to 2021

Niji Narayan

Published

on

ZEAL Network Reports Good Start to 2021
Reading Time: < 1 minute

 

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.

Continue Reading

Industry News

Dutch Lottery Board Appoints Alexander Pechtold as Chairman

Niji Narayan

Published

on

Dutch Lottery Board Appoints Alexander Pechtold as Chairman
Reading Time: < 1 minute

 

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.

Continue Reading

Industry News

CT Gaming Interactive Content Live on New Casino Brands via BlueOcean

Niji Narayan

Published

on

CT Gaming Interactive Content Live on New Casino Brands via BlueOcean
Reading Time: < 1 minute

 

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.

Continue Reading
Advertisement
Lightning Lucky Six by 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.