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Gaming Innovation Group Capital Markets Day – Summary of presentation

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Gaming Innovation Group Capital Markets Day - Summary of presentationReading Time: 3 minutes

 

Gaming Innovation Group (GiG) hosted its first Capital Markets Day in Stockholm on 4 December as the Company prepares to move the listing from the Oslo Børs to Nasdaq Stockholm in Q1 2019.

You can watch the full recording here.

 

GiG was founded six years ago and since then CEO and co-founder Robin Reed has developed a strategy to become a full service provider for every company serious about iGaming. The company’s vision is to “open up iGaming making it fair and fun for all”, teamed with the mission “to have a stake in every fair online bet”. Digital transformation and regulation across the world are the main drivers behind the potential in GiG’s strategy and goals.

In 2018, GiG has reached a platform where it now offers a competitive solution covering all verticals in iGaming. The company has grown rapidly and now employs approximately 750 people in Malta, Spain, Gibraltar, Denmark, Norway and the US.

GiG is always seeking operational excellence and has now reached a level where it has several sources of revenues, scale advantage, sound profitability, and has a solid cash position. There is a significant market potential for the Company to leverage on its unique solution to support the growth of a company with ambitions to perform in all verticals in iGaming.

GiG offers iGaming solutions based on innovative technology and looks at its target market across four industry clusters:

  • Big brands new entrant: This is GiG’s primary growth driver and sales focus going forward, where GiG is able to offer new market entrants a complete B2B iGaming solution. With more markets regulating, big media and entertainment brands are expected to move into iGaming to leverage their brands and expand their customer reach.
  • Locals: Typically state monopolies or strong incumbent operators. When markets regulate, it allows monopolies to move into new verticals and land-based operators to move online.
  • Challengers: Small to mid-sized online operators which have a mix of regulated and unregulated revenues. As more markets regulate, profits are being squeezed and these operators will be looking to cut costs, either through consolidation or cheaper operations via outsourcing.
  • Emerging superstars: The big global online brands.

GiG can support the growth of a ‘green fielder’ in providing a turnkey solution throughout the whole iGaming value chain. We can do this with an omnichannel platform (retail in offline environments and online offerings combined), or with sports and casino content plus a range of managed services. The unique advantages are based on a full service solution, access to scale advantage, and the vast expertise, knowledge and experience found within GiG. These products, services and solutions are also sold individually.

GiG’s recent deal with Hard Rock in New Jersey was signed in October 2017. Hard Rock online casino was the first outcome from the partnership and launched its casino offering in New Jersey in July this year. According to Hard Rock, it is the “fastest growing online casino in New Jersey history, reaching more than $1m in Gross Gaming Revenue, ‘without any’ marketing spend.”

In November 2018 the partnership was expanded to include GiG’s sportsbook solution, which we expect to launch in Q1 2019 for both over-the-counter betting and self-service betting terminals. For exceptional user experience we offer a one wallet solution, which means customers have seamless use between online and offline play, and we have a revenue share in both.

Casino games, developed in-house, is a recent addition to GiG’s B2B product portfolio, and the last piece of the puzzle to cover the whole iGaming value chain. GiG builds games on its own remote game server, which is also provided on a commercial basis to external games studios to build their games. GiG is currently certifying its games in a number of European markets, New Jersey and Colombia.

The inhouse B2C brand Rizk.com has shown a great growth story and is the strongest performing brand. While the B2C business is not GiG’s key strategic focus, it brings scale to the platform and is used as a testbed for innovative iGaming solutions. The other six in-house brands are focusing on market solutions such as Pay N Play and a more digitally focused marketing strategy.

The business vertical GiG Media focuses on digital marketing and drives traffic and attention to iGaming operators. In 2017, GiG acquired the Copenhagen based company Rebel Penguin, which strengthened its position in paid media channels. Re-regulation is foreseen to create new opportunities in global markets for data acquisition channels such as paid media services.

It’s taken six years to get GiG into this unique market position. All verticals have been created, all solutions have been sold, and the Company’s position in the industry is strengthening daily.

 

 

About Gaming Innovation Group (GiG):

Gaming Innovation Group Inc. is a technology company providing products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair and fun for all’. Through its ecosystem of products and services, it is connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.

 

 

Source: Latest News at European Gaming Media

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Week 50 slot games releases

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Week 50 slot games releasesReading Time: 4 minutes

 

Check out this week’s latest slot releases from across the industry!

 

First up we’re gonna sail to glory in Blueprint Gaming’s Vikings Unleashed Megaways™! Set in the hazardous waters of the North Sea, Blueprint’s latest release sees the fearsome Viking warriors unleash their fury onto the reels, with 117,649 ways to win thanks to the MegaWays™ mechanic, under licence from Big Time Gaming.  “Players will need to be fearless in the face of battle in our latest slots release, Vikings Unleashed Megaways™. – said Jo Purvis, Director of Marketing and Relationships at Blueprint Gaming.

 

 Blueprint Gaming’s Vikings Unleashed Megaways™

 

This week Konami Gaming, Inc. announced the launch of its Concerto Opus cabinet following documented success at trial locations. “Konami has hit the jackpot on the new Opus cabinet. With the large single screen display, the graphics and bonus rounds really provide our players with an exciting experience,” – added Stacey Young, vice president of slot operations at Motor City Casino Hotel in Detroit, Michigan.

Konami's Big Screen Opus Machine slot

 

 

NetEnt released a super sci-fi slot called: Wild-O-Tron 3000 !Set in a 1960s robot lab, Wild-O-Tron 3000TM is a science fiction-themed video slot that transports players to a time when the genre was popularised. “Packed with cyborgs and transforming robots, Wild-O-Tron 3000 will resonate with sci-fi fans and gamers that love stacks and Wild symbol driven games,” – commented Bryan Upton, NetEnt Director of Game Products.

NetEnt's super sci-fi slot Wild-O-Tron 3000

 

 

We’re gonna explore the Russian folklore with the help of Quickspin in their latest slot: Ivan and the Immortal King! The video slot takes players back into the enchanted past of ancient Russian folklore.

Quickspin - Ivan and the Immortal King slot

 

 

Wazdan’s 19th HTML5 game release of the year, Slot Jam, is packed with fruity goodness. This is another new generation slot from the innovative slots-manufacturer which is attracting the attention of all the top operators and aggregators. Slot Jam showcases Wazdan’s world’s-first Volatility Levels™ that allow players to set the game to a low variance where the game has more frequent but smaller wins.

 Slot Jam from Wazdan

 

 

With Endorphina’s latest releases back to back, they definitely now how to keep us all on our toes. With this latest Lucky Streak 2 release, the ice and snow in these winter days can’t compete with Endorphina’s fire and hot wins! This game is absolutely perfect for those players who prefer easy game mathematics and some juicy and fruitilicous wins.

Lucky Streak 2 slot

 

 

Realistic Games is offering players the chance to explore the enchanted forest with its exciting new slot, Spin Dizzy. Filled with woodland magic including toadstools, pots of gold, and four-leaf clovers, the game promises to keep players spellbound with its mysterious features.

Realistic Games Spin Dizzy slot

 

 

Microgaming takes players to a world filled with magic and enchanted riches with Book of Oz slot! Brimming with fantasy, magic and adventure, the game welcomes players into a world filled with enchanted riches. Featuring Wilds, Scatters, Free Spins and Re-Spins, the fantasy themed slot encompasses whimsical art and captivating symbols. “We are extremely excited to release Book of Oz, our fifth game this year under the Triple Edge Studios brand. This has been the most fun we’ve had developing a game and the Re-spin feature is a brilliantly fun addition.” – explained Brendan Walton, Design Lead at Triple Edge Studios.

Microgaming's Book of Oz

 

 

Blockchain casino platform provider FunFair Technologies, is setting sail on the high seas in search of pirate plunder with the release of its newest title Bounty on the High Seas. Bounty on the High Seas sits alongside FunFair’s growing portfolio of smart-contract based games, including Fate of Thrones and Treasures From the Crypto, offering the same high-spec animation, mechanics and audio that players have come to expect from a FunFair title.

 FunFair's Bounty on the High Seas

 

Bgaming will make slot players smile broadly with their slot release: Bob’s coffee shop! The idea of the slot totally inspired by the famous Amsterdam coffeeshops, if you have ever been to Amsterdam and it’s your favorite place in the world, Bob’s Coffee shop will definitely be the “love at first sight”. The game runs on an HTML framework, supports cryptocurrencies and fiat currencies.

Bgaming-Bob’s coffee shop

Source: Latest News at European Gaming Media

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Online sports betting legalized in Brazil

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Online sports betting legalized in BrazilReading Time: 1 minute

 

In a significant development in South America, the continent’s largest country Brazil has passed a bill to legalize sports betting in the country. President of Brazil Michel Temer passed Bill MP 846/2018  to effect income redistribution from federal lotteries and legalize online sports betting.

The new bill will offer directions on how to divide the revenues from lotteries among the Culture, Sports and Security portfolios.

It should be noted that the bill observes a two-year term for the Ministry of Finance to regulate the conditions needed for the exploitation of online sports betting through licenses, and estimates that the annual collection reaches USD 255M for Public Safety, USD 161M for Sports and USD 113M for Culture.

For several analysts, the approval of this law represents a great victory for the sector and a possible first step for the regulation of all types of games of chance. Currently, two projects are waiting to be analyzed by Congress; although the new authorities headed by the elect president Jair Bolsonaro do not seem to be particularly predisposed to a wider opening of the game in the country.

Source: Latest News at European Gaming Media

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GAN plc: New Jersey’s online gambling revenue rises in November

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GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, updated the market following the publication on December 12, 2018 by the New Jerseys Division of Gaming Enforcement (DGE) of Internet gaming and Internet sports betting financial information for the calendar month of November 2018 in New Jersey.

According to the latest financial report of the New Jersey’s Division of Gaming Enforcement,  online gaming win for November in was $26.9 million in November, which represents a 30.7% hike year-on-year.

The total revenue from internet sports wagering was about $238.6 million for the month of November 2018, a rise of 36.8% from from the previous month.

Sports wagering gross revenue was $21.2 million, $11.7 million more than the previous month’s revenue.

GAN is a leading business-to-business (B2B) supplier of internet gambling software-as-a-service solutions (SaaS) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK„¢, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

Source: Latest News at European Gaming Media

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