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Stakelogic is now Available in Portugal

George Miller

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Stakelogic is now Available in Portugal
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Operators and players in Portugal can now access the popular developer’s full suite of classic and modern video slots.

Stakelogic, the leading developer of hugely popular slots, such as Book of AventureTM  and Gods of DeathTM, has expanded its global reach once again by successfully launching into the Portuguese market.

From today, operators targeting Portugal can now offer their players Stakelogic’s full suite of classic and modern video slots including titles such as Encharmed Quattro and Book of Adventure.

Its games continue to push boundaries and include innovative features such as a smart progressive jackpot system that has already paid out more than €1 million to players since launching in 2019.

What’s more, Stakelogic’s ground-breaking Quattro system also allows players to play up to four games at the same time, increasing the maximum stake fourfold. This drives the time players spend on the game increasing wagering activity for the player and, ultimately, potential revenue for the operator.

Players can also enjoy games that have the innovative new Super Stake feature. Super Stake gives players another shot after a losing spin, allowing them to place a side bet which effectively doubles their stake and enables an addition feature which delivers an insanely high payout approximately every 44 spins.

Already available on the recently released Gods of DeathTM , the Super Stake feature will also be including on the forthcoming launches of Dragons and Magic™ and Runner Runner Megaways™.

In addition to having its games certified in Portugal, Stakelogic also holds permits in Romania, Malta, Sweden and the UK with plans to secure additional licences in Spain and Denmark.

Stephan van den OetelaarCEO of Stakelogic, said: “Entering the Portuguese market is another big step for Stakelogic. We are constantly striving to create games that are steeped in innovation that will appeal to players in regulated markets all over the world.

“Portugal is a really exciting market for us and we are really looking forward to working closely with operators in this region.”

Industry News

Gaming Revenue in Spain Drops 50% Year-on-Year

Niji Narayan

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Gaming Revenue in Spain Drops 50% Year-on-Year
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According to an annual report on gaming compiled by industry association Cejuego with the University Carlos III of Madrid, gambling revenue in Spain has dropped by 50% year-on-year.

The report shows gross revenue for all products and channels was €4.35bn for the period up until the end of October, down 50% compared to the same ten months in 2019.

Of the revenue reported so far this year, private companies generated €2.45bn while the state-owned Organización Nacional de Ciegos Españoles (ONCE) and Sociedad Estatal Loterías y Apuestas del Estado (SELAE) generated €1.9bn.

“Despite the fact the drop in income from gaming companies is higher than that recorded in other sectors such as fashion, automobiles or in-store sales in department stores, we have managed to reduce ERTES [temporary layoffs or reductions in hours] to 15 per cent of the workforce, so that 85 per cent of employees in the sector are working at the moment,” Alejandro Landaluce, CEO of Cejuegos, said.

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Industry News

Scientific Games Integrates BlueRibbon’s Jackpot Solution into its OpenGaming Platform

Niji Narayan

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Scientific Games Integrates BlueRibbon’s Jackpot Solution into its OpenGaming Platform
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Scientific Games Corporation has integrated BlueRibbon’s customisable jackpot solution into its OpenGaming platform.

This new partnership strengthens Scientific Games’ OpenGaming, providing partners across regulated markets with the ability to create bespoke jackpots within games via BlueRibbon’s software.

Kaizen Gaming brand Stoiximan has become the first OpenGaming customer of Scientific Games to utilise the marketing tool following this new agreement, with the software to be rolled out with all the Company’s customers in the coming months.

“The unprecedented global reach that Scientific Games possesses with its OGS platform ensures that this new partnership is hugely significant to us. Integrating our software will open the door to many new opportunities. We’re excited to bring our highly effective solution to even more operators across the globe,” Amir Askarov, Co-Founder & CEO of BlueRibbon, said.

“Providing an innovative and wide product range has been our priority, and we wanted to include the customizable jackpot software that BlueRibbon provides into our offering. Following a seamless integration through Scientific Games’ OpenGaming, we’ve been in a position to produce a campaign that matches our needs and brand identity. The initial results demonstrate that we are heading to the right direction, with players appreciating the way in which we’ve delivered an improved user experience,” Dimokratis Papadimos, RNG Casino Manager at Kaizen Gaming, said.

“We’re excited to bring BlueRibbon’s innovative marketing and jackpot products to the OGS. Players are constantly looking for something new from their gaming sessions, and by bringing together our gamification technology with BlueRibbon’s software, it’s the perfect match to deliver an exciting new experience. Our philosophy is all about bringing cutting-edge innovation to our leading global network, and this new partnership delivers on that promise,” Dylan Slaney, SVP Gaming, Digital at Scientific Games, said.

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Asia

Grand Korea Leisure Temporarily Closes its Busan Lotte Venue

Niji Narayan

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Grand Korea Leisure Temporarily Closes its Busan Lotte Venue
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Grand Korea Leisure Co (GKL) has confirmed that its Busan Lotte venue has closed due to a new wave of Covid-19 infections. The closure will run until 9 am on December 15, according to a filing by the company.

GKL had previously confirmed that two resorts in Seoul, Gangnam Coex Seoul and Gangbuk Millennium Seoul Hilton, would close from 12 am on November 24 until 9 am on December 8.

As a result of the Busan shutdown, the firm has increased its estimate of the economic impact of the new shutdowns to KRW5.5bn (US$5m) based on average daily net sales for July to September.

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