Platform provider Gamingtec announces the signing of a partnership agreement with Maverick, an Asian slots game provider. This collaboration is set to expand Gamingtec’s games portfolio and present Maverick’s products to the European market.
Gamingtec’s portfolio currently includes more than 3000 games. The company collaborates with well-known and reliable content providers, such as NetEnt, Evolution Gaming, Microgaming and Pragmatic Play, providing integration, productivity tools and platform services to operators.
Maverick is a game developer that is revolutionising the iGaming industry by creating a remote gaming server and giving game developers and suppliers the opportunity to bring new and more innovative games to the market faster by reducing inefficiencies in the whole chain. Among the most stunning of Maverick’s HTML5 slots that will be integrated into the Gamingtec platform, it is worth mentioning Cloud 9: Surf Bliss, Battlemech:Earth, 123 Goal!, Sky Jewels, Pearl Fisher and 777 Daytona Beach. With these slots, Gamingtec’s partners will get a wide range of marketing tools, including freespins, jackpots and gamification layers, thus enabling them to promote games effectively and execute player acquisition and retention campaigns.
Sapar Karyagdyyev, CEO of Gamingtec, said, ‘We are happy to collaborate with such an ambitious game provider as Maverick. They produce high-quality content, and it is great to supply their popular games to our partners and take the online casino experience to the next level’.
Gurkan Atakul, Casino Products Manager at Gamingtec, added, ‘One of our goals is to broaden our casino portfolio to provide the best services to our partners. That is why I am happy we signed an agreement with Maverick. I believe our collaboration will benefit not only Maverick and Gamingtec but all our partners as well’.
Enrico Bradamante, CEO of Maverick, said, ‘We are very much looking forward to our partnership with Gamingtec that will be the first company to offer our innovative games to players in Europe’.
IGT Earns Gold Medal from Leading Sustainability Rating Agency EcoVadis
International Game Technology PLC announced that it has earned a gold medal sustainability rating from EcoVadis, a leading provider of business sustainability ratings. This gold medal rating positions IGT among the top five percent of global companies assessed by EcoVadis for its comprehensive sustainable business practices. IGT scored particularly well in the areas of environment, ethics and sustainable procurement.
IGT’s sustainability programme was assessed under the EcoVadis criteria using 21 benchmarks within the categories of environment, labour and human rights, ethics and sustainable procurement. EcoVadis methodically evaluates environmental, social and ethical performance using these international sustainability standards for more than 85,000 companies worldwide.
“Receiving a gold medal from EcoVadis validates IGT’s long-time commitment to continuously improving our ESG results and the effectiveness of our Sustainable Play initiatives. IGT will leverage the gold medal honor from EcoVadis as inspiration for enhanced sustainability innovation and performance, as we help contribute to a more sustainable future for our business and stakeholders,” said Wendy Montgomery, IGT SVP Marketing, Communications and Sustainability.
EcoVadis’ business sustainability ratings are based on international sustainability standards such as the Ten Principles of the UN Global Company, the International Labour Organisation conventions, the Global Reporting Initiative standards and the ISO 26000 standard. The ratings provide an evidenced-based analysis on performance and an actional roadmap for continuous improvement.
Kindred Continues Support for Women in Tech Sweden
Kindred has for the eighth time in a row signed up as Co-Creating Partner to Women in Tech Sweden and will take part in the conference on 17 April in Stockholm. Women in Tech Sweden is a non-profit organisation, supported by some of Sweden’s largest and most influential businesses who share the organisation’s mission to inspire more women to choose and stay in tech. This year’s theme Connect, Create, Innovate is truly supported by Kindred’s values.
“The mission of Women in Tech is to inspire women to choose a career in technology – and to keep those already in the industry which is as equal important. Being a part of this event and supporting this mission is very important for us at Kindred Group. There is a reason why we keep on supporting Women in Tech Sweden – the networking, the conversations and the face-to-face meetings are invaluable and something we at Kindred truly enjoy,” said Prachi Arya, Talent Acquisition Tech Development and Women in Tech-general at Kindred Group.
“It is so important that we do this together, that we long-term prioritize building teams with a higher diversity of perspectives. Because we know that it helps us develop better and smarter services and products. That’s why we are so pleased that Kindred is once again with us as a loyal partner on the journey towards a more inclusive industry,” said Åsa Johansen, Director of Women in Tech.
Catena Media Updates its Financial Targets
Catena Media has updated its long-term financial targets for 2024-26 to reflect a change in revenue streams as the group transitions towards a more sustainable revenue model following the completion of the strategic review in November last year.
The group expects a resumption of organic growth in the second half of 2024 and full-year adjusted EBITDA in the range of EUR 20-30 million as the first operational impacts begin to show from an extensive programme of technology- and data-based investments.
The new targets are:
- Double-digit organic growth in both revenue and adjusted EBITDA for 2025 and 2026 at group level.
- Net interest-bearing debt to adjusted EBITDA ratio of 0-1.75.
The shift towards a more sustainable revenue model involves recruiting more players via revenue-share agreements with operators compared to cost-per-acquisition (CPA) contracts and implementing a programme of investments in tech and data innovation that is being rolled out in Q1 and Q2 2024.
These investments, planned as a result of the strategic review, will reinvent the group’s core technological focus by strengthening the organisation with new product offerings that prioritise technology, innovation and immersive user experiences. The primary initiatives include investments in artificial intelligence (AI), paid media, sub affiliation and further strategic media partners to broaden audiences and deliver greater value to partners.
Investments into AI include the establishment of a joint venture with a specialist AI partner to develop a generative AI application dedicated exclusively to content production for online betting and casino gaming affiliation. This initiative launched its first minimum viable product (MVP) in February 2024.
AI innovations and other tech-facing enhancements will enable Catena Media to scale the business, develop new revenue streams and generate synergies while also delivering a more personalised user experience as the group positions to become the data- and technology-driven leader of online affiliate marketing in its target sports betting and casino gaming markets.
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