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Relax Gaming signs Powered By deal with G.Games

George Miller

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Relax Gaming signs Powered By deal with G.Games
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Relax Gaming, the innovative content provider and aggregation platform, has signed a new agreement with games developer G.Games.

The agreement is part of Relax Gaming’s Powered By partnership programme and offers G.Games access to its vast distribution network and operator partners, including major brands such as Kindred and Lifland.

G.Games was formed in October 2018 following the merger of London-based games supplier Gamevy and its German counterpart Gluck. The company now has a strong portfolio with a broad offering of scratch cards, single-player bingo and keno.

The partnership adds another fast-growing brand to Relax Gaming’s Powered By partner base as it continues to sign platform-to-platform agreements with the industry’s leading suppliers and enhance visibility with high profile operators.

Simon Hammon, Relax Gaming’s CPO, said: “G.Games has been on a home-run since it merged in 2018, developing unique content that appeals to a broad range of player demographics and performs well in multiple markets. 

“We see great potential in the mutual benefits of this partnership and look forward to offering its games to our integrated customers, boosting our portfolio with titles that will attract new audiences.”

G Chief Commercial Officer, Helen Walton, said: “Customers have been urging us to integrate with Relax for several years.

“It’s been very clear to us that Relax has a magic recipe for making customers happy – and that means we’re absolutely delighted to be delivering our content via its platform and making those same customers even happier.”

Relax Gaming now boasts a portfolio of over 1000 casino titles, including top-performing content from its proprietary collection as well as specially curated integrated content from Silver Bullet studio partners and Powered By suppliers.

 

Industry News

Codere Seeks New Investment Options to Refinance its Corporate Debt Bonds

Niji Narayan

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Codere Seeks New Investment Options to Refinance its Corporate Debt Bonds
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Spanish gambling operator Codere SA is seeking new investment options to refinance its long-standing €900 million corporate debt bonds.

Closing March trading, Moody’s downgraded Codere bonds to a “CAA1 classification,” the solvency ranking used to describe a “high risk junk bond” which holds a negative outlook for investors.

The Spanish gambling group has sanctioned Bank of America to lead renegotiations with bond holders for a further two-year extension on debt maturity terms which are set to expire in 2021.

Bank of America will have to convince Codere debt holders to maintain their investments within the company, having seen bond values plummet to from €0.90 to €0.35.

Codere’s €900 million long-term debt has been primarily amassed as part of the firm’s 2015 restructuring led by US private equity firms, which saw the legacy operator avoid bankruptcy.

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Industry News

GLMS issues its 2020 Q1 Monitoring & Intelligence Report

George Miller

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GLMS issues its 2020 Q1 Monitoring & Intelligence Report
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Beyond the key fact and figures of our Intelligence Work in 2020 Q1, in this report you can also find:

– A message from GLMS President, Ludovico Calvi, at the unprecedented time of the COVID-19.
– An interview with Norbert Rubicsek, Director – CSCF – Foundation for Sport Integrity.

Read the full report here!

The Global Lottery Monitoring System (GLMS) is the Lotteries’ integrity body. GLMS primarily aims at detecting and analyzing suspicious betting activities that could question the integrity of a sport competition. Building on six years of experience with the establishment in 2009 of ELMS with European Lotteries, GLMS went global in January 2015, and extended its network to other continents (now with a new operational hub in Hong Kong).  GLMS facilitates the sharing of sports betting information as part of the collective efforts of its members in ensuring sports integrity globally.

Founded by EL and WLA and currently counting 33 individual Members as well as 3 associate members, the GLMS is now further increasing and enhancing the quality of its services towards its Members.

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Industry News

GameBuddy adds a feature to raise money for COVID-19

George Miller

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GameBuddy adds a feature to raise money for COVID-19
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  • Streaming engagement tool GameBuddy enables  viewers to raise money for the fight against COVID-19 by playing challenges in live streams

  • The money raised will be donated to the COVID-19 Solidarity Response Fund, a WHO initiative created to support countries in the  prevention, detection, and response to the pandemic

GameBuddy, a Startup from Hamburg that engages viewers with streamers and brands through live challenges, now enables gamers to jointly fight COVID-19. With a new feature that suggests challenges to their favorite streamers, viewers earn points for which GameBuddy will donate money to the COVID-19 Solidarity Response Fund.

“Gaming – and especially game streaming – has always been used for a good cause. In the current crisis we wanted to empower viewers from all over the world to help people in need.”, said Niklas, co-founder and CEO of GameBuddy. “COVID-19 is already a big topic with the audience of live streaming. Even though we’re still a young startup, we wanted to help.”

The amount raised will be bound to the total amount of points and to the number of streamers participating and will be transferred to the COVID-19 Solidarity Response Fund of the WHO. The support for the fund will last by minimum until the end of April and may be extended until the end of May.

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