Casino software developer Revolver Gaming is continuing a busy year by announcing a distribution agreement with up-and-coming aggregator United Remote.
The agreement will see the full library of titles designed by Revolver being offered on the United Remote platform. United Remote’s aggregation platform provides an array of games and backend tools to casino operators and is the aggregator of choice for a number of top-flight brands. Both entities are licensed by the Malta Gaming Authority to provide casino games.
United Remote are increasingly visible as a force to be reckoned with now that the company has successfully completed a period of intensive restructuring which has resulted in major technology investments, adapting the agreements the company previously had put in place, de-risking the entire enterprise, and focusing very particularly on customer protection. United Remote has embraced substantial change to streamline new integrations and provide operators more profitable real-time data. This is all part of upping United Remote’s service to the iGaming industry and ensuring that the B2B-channel is given priority.
Revolver currently has thirteen games in its library, with the likes of Space Traders™, Multiplier Man™, and Goodfishes™ all providing sharp visuals and thrilling features to players. The company also recently launched slot Dragon Spins™, which transports players to the Far East for a chance to win an emperor’s ransom.
Moving forward, Revolver’s future releases will also be ported to United Remote. All Revolver games are designed in HTML5 and can be played on desktop and mobile devices, meaning they can be played anywhere with a data connection. Revolver has been hard at work in 2020, signing agreements with the likes of BlueOcean, ORYX, Videoslots and now United Remote.
“We’ve been working to expand our operations,” said Revolver Gaming CEO Ryan Lazarus. “Working with United Remote is a fantastic opportunity for us, and I’m excited that our games are now available on their platform.”
United Remote CEO Jeremy Fall added: “The ethos at United Remote is closely aligned to the modern, pioneering and innovative spirit at Revolver Gaming, which makes this new tie-in particularly pleasing. We provide highly effective and straightforward solutions to our partners so on-boarding the Revolver Gaming portfolio allows us to expand our offering with more high-quality games that are eye-catching, appealing and engaging.”
Gaming Innovation Group: Share issue
Reference is made to the announcement from Gaming Innovation Group Inc. (GiG) on 15 December 2022 regarding the acquisition of casino affiliate websites Askgamblers.com, Johnslots.com, Newcasinos.com and several smaller domains from Catena Media Plc.
As stated in the announcement, GiG will finance part of the initial consideration through a share issue and the Board of Directors has approved commitments of EUR 10.2 million from a group of investors to finance the equity part of the acquisition. Pursuant to agreed terms, the share price has been set to NOK 25.61, which represent a discount of 2.6% from the volume-weighted average share price for the GiG share so far in 2023.
4,267,112 new shares will be issued, and the number of outstanding shares will increase by 3.5%, from 122,786,526 to 127,053,638. The new shares are expected to be issued and admitted to trading next week and will be issued under the Company’s 150,000,000 authorized shares.
Closing of the acquisition is expected by end of January 2023.
Euromat Adds Spain to its Growing Membership
The European federation of gaming machine trade associations, Euromat, has added Spain to its membership.
The organisation has welcomed the Club de Convergentes as its 14th country member. Novomatic, Merkur, Zitro, Aristocrat and Bally Wulff are among the Club de Convergentes’ members.
Euromat now covers 11 countries and has nine corporate members. Last year it added Serbia and three new corporates into its membership.
Bernhard Teuchmann, president of the Club de Convergentes, said: “Joining Euromat and collaborating more closely with our colleagues across Europe reflects our desire to continue to grow our sector responsibly and ensure that we have the best possible offer for our customers.
“We want to play our role in helping to raise the standards for our industry across Europe and learn from the experience of others.”
Euromat president Jason Frost said: “Having the Club de Convergentes in Euromat is a vote of confidence in our association and its capacity to benefit its members.
“The Club de Convergentes shares our belief that our industry is stronger when working together to share knowledge and expertise, while always making the case with policymakers for a better business environment.”
Spain’s DGOJ to Review “Sales Authorisation” of ONCE and SELAE
Spanish lotteries ONCE and SELAE will be reviewed by the DGOJ – Spain’s directorate for gambling – in relation to how lottery games are marketed and sold to the public.
Spanish gambling and media stakeholders have been informed of the DGOJ’s consultation, which seeks feedback on the “commercial marketing of lottery games” allowed across Spain’s autonomous provinces.
The consultation will be open to responses until March 31, with the directorate highlighting that it required necessary feedback from Spanish media and public vendors of ONCE and SELAE games.
As stewards of Spain’s national lotteries, ONCE – the lottery for the disabled – and SELAE, the lottery for Spanish societies/charities, are allowed to authorise the sale of tickets and games via “public vendors” be it cafes, restaurants, tobacconists, retail shops, etc.
However, the DGOJ has highlighted that in recent years the Spanish public has witnessed an increase in the number of websites and online applications selling ONCE and SELAE games as authorised vendors.
Concerns have been raised on whether online vendors offer appropriate customer protection and guarantees on tickets sold to the public for ONCE and SELAE draws.
Spanish lotteries differ from other European nations, as customers purchase tickets with pre-printed numbers, participating in ballots to win a % share of a community jackpot – rather than the single draw format, which rewards an individual winner.
The unique format ensures that Spain maintains Europe’s most popular national lotteries, featuring the Christmas “El Gordo” and “El Nino” draws, which have distributed over €2.5bn in prizes to customers.
The DGOJ underlined the importance of its consultation to ensure that Spanish lotteries are free from corruption and to protect Spanish consumers from fraud.
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