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  • 888 Holdings clocks 165% H1 2023 revenue surge, but reports $42 million after-tax loss | Yogonet International

    888 Holdings clocks 165% H1 2023 revenue surge, but reports $42 million after-tax loss | Yogonet International

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    British bookmaker 888 Holdings has reported a 165% growth in revenue for the first half of 2023, amounting to £882 million ($1.12 billion) and Adjusted EBITDA surged by an impressive 211%, reaching £155.6 million (about $198 million). Despite its impressive revenue growth, the group reported an after-tax loss of £33 million ($41.9 million) for the period compared to profit-after-tax of £12 million (approximately $15 million) in H1-22.

    Although there was a growth of 6% in retail revenue, this increase was overshadowed by an 11% reduction in online revenue. The losses were attributed to elevated interest costs, along with amortization and specific one-time expenses associated with the acquisition of William Hill.

    The pro forma group revenue experienced a 7% decrease, primarily influenced by regulatory changes in dotcom markets, as well as a more targeted marketing strategy and market orientation. The company said it took proactive measures to adjust its business composition, resulting in a substantial 95% of Q2 2023 revenue originating from markets subject to local regulations and taxation. Meanwhile, pro forma group Adjusted EBITDA increased by 9%, and pro forma Adjusted EBITDA margin expanded by 2.6 percentage points to reach 17.7%. This growth was driven by the successful execution of synergies and a targeted strategy, the company said.

    “We made very strong progress with the execution of our integration plan and we now expect to realise the full £150 million of synergies in 2024, a year earlier than the original plan. Our strong cash discipline and higher profits also enabled a 0.5x reduction in our leverage. We have successfully delivered against our focused market strategy, changing the mix of our revenue and creating a more profitable and sustainable platform for future growth,” Lord Mendelsohn, Executive Chair of 888, said.

    The company expedited the realization of synergies, achieving £66 million in cash synergies during the first half of 2023.

    As per the company, the anticipated Adjusted EBITDA for the fiscal year 2023 is expected to show substantial year-on-year growth on a pro forma basis. The projected Adjusted EBITDA margin for the full year is set to be at least 20%, a notable increase from 16.8% in 2022. Additionally, the year-end leverage is projected to be slightly below 5x.

    In July, the company announced the appointment of Per Widerström as its new CEO. Widerström will assume the role from 16 October, 2023 and Mendelsohn will return to the role of non-executive Chair.  Widerström has over 17 years of experience in the online gaming industry and is the former CEO of Europe-focused Fortuna Entertainment Group.

    “Over the coming weeks, I will be working closely with Per to ensure a smooth handover and I am highly confident in his ability to lead the team to realize the full potential of this business. The strategic progress made during the year to date has created a fundamentally stronger business with higher profit margins and we remain on track to deliver against expectations for the full year,” Mendelsohn said.

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  • ‘Regulating the Game’ Conference gets ready to launch Pitch! in London next month | Yogonet International

    ‘Regulating the Game’ Conference gets ready to launch Pitch! in London next month | Yogonet International

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    The Regulating the Game conference readies itself for its inaugural London event from September 25 to 29, with Pitch! @RTG will be a debuting event at the conference. 

    This segment is dedicated to showcasing cutting-edge products and strategies capable of enhancing capabilities, optimizing outcomes, and tackling regulatory complexities. Plans already underway for the subsequent Sydney conference in March next year.

    Furthermore, Pitch! @RTG offers an avenue to share groundbreaking research that bridges policy into actionable practices, translating theoretical improvements into real-world policy and supervisory approaches.It also provides a platform to promote ethical leadership, enhance safer gambling outcomes, and fortify the sector against financial crime and money laundering.

    Paul Newson, Director at Regulating the Game, emphasized the pivotal role of Pitch! @RTG, stating: “Pitch! @RTG is designed to spark innovation, encourage compliance, and energize the industry towards outstanding regulatory outcomes.”

    “We are thrilled to launch Pitch! in London and are now inviting applications for Pitch! at Regulating the Game Sydney in March next year. The event is generating significant excitement, setting a promising tone for its London debut.”

    The event has garnered the support of Norths Collective as its sponsor, which will also share insights into its digital transformation journey and how it’s contributing to sustainable industry growth and improved member outcomes.

    Looking ahead, Pitch! @RTG’s trajectory takes at the Salesforce Tower, with hospitality from Norths Collective Catering & Events. Luke Simmons, CEO of Norths Collective, highlighted the collaborative nature of the event, stating: “Our hosts will open the event with a talk about how the two organizations are working together to implement innovative products and leverage system integrations to drive efficiency and a centralized view of the customer.”

    Applications for Pitch! @RTG Sydney, scheduled for March 10 to 15, 2024, are now open. Organisations and individuals with a penchant for innovation, compliance, and ethical leadership are invited to submit their quickfire pitches.

    The event aims to stimulate fresh ideas, inspire regulatory compliance, and showcase ethical leadership in a dynamic networking environment.

    Paul Newson’s distinguished background adds credence to Regulating the Game. He is a former President and Patron of the International Association of Gaming Regulators and previously served as Trustee of the NSW Responsible Gambling Fund. 

    In its third year, Regulating the Game stands as a 5-day conference dedicated to advancing individual and organizational capabilities in gambling law and regulation. 

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  • “GAT Showcase Bogotá will close the year with a great attendance and excellent business results” | Yogonet International

    “GAT Showcase Bogotá will close the year with a great attendance and excellent business results” | Yogonet International

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    GAT Showcase Bogotá shared more details of the event that will gather the sector’s leading land-based and online companies with investments and interests in the Colombian and Latin American gaming markets on Friday, September 8. Its list of exhibitors and sponsors guarantees “massive attendance and optimal business results, closing the last quarter of 2023”, as stated by the organization.

    BetPlay joined the list of sponsors, as well as Amusnet, which will offer the Bar Sponsor of the exhibition that will turn the Santafé Hall of the Bogotá Sheraton Hotel into a salesroom that will look like a casino with roulettes, machines, cabinets, and online options.

    The list of sponsors of GAT Showcase Bogota, announced last month, includes Pragmatic Play, BetConstruct, Altenar, and Nuvei; while the list of exhibitors that will bring together executives from more than 20 countries is headed by Novomatic, Interblock, IGT, Win Systems, EGT, Merkur, BYA Group, Spintec, Nuvei, Inspired, EGT Digital, BetConstruct, GLI, Alfastreet, Automated Transactions, and RPCol.


    José Aníbal Aguirre, GAT's CEO

    The exhibition will open to the public at 10 am on September 8, while the ribbon cutting ceremony is scheduled for 2 pm with the presence of the president of the  Colombian gaming regulator (Coljuegos), Marco Emilio Hincapié; as well as directors of the Colombian Association of Gaming Operators (Asojuegos), Colombia’s National Corporation of Gaming Entrepreneurs (Cornazar), Colombia’s trade association (Fecoljuegos), and the Colombian Lotteries Federation (Fedelco); in addition to the staff of the organizing team of the Gaming & Technology Expo events.

    “We are pleased and honored by the support of the Colombian regulator and its new president, in addition to the permanent gratitude we have with the national government for its support for more than two decades, as well as with the Colombian associations,” said Jose Anibal Aguirre, CEO of GAT.

    “Next year we will be celebrating 25 years as organizers and this showcase in Bogota will allow us to present in advance the novelties of the following year in Cartagena de Indias, the main venue of our international large format trade show,” the executive added.

    The Colombian gaming regulator will have a stand where it will be able to interact with businessmen interested in knowing the regulatory advances in the country and the conditions for the legal operation of casinos, betting, and gaming in the national territory. The same opportunity will be offered, as always, by the Colombian associations from their respective areas assigned for the attention of the visiting public.

    “For the third time, this medium-sized corporate trade meeting in Bogota, with turnkey stands in charge of our ally City Group Arquitectura, ratifies the acceptance of our specific calls, strategically conceived in their schedules and formats; thinking about the right time, the target audience and providing facilities for exhibitors, suppliers, and operators, we have added to our portfolio of complementary services new marketing options that also include tours in the capital of Colombia,” Aguirre noted.

    Furthermore, exhibiting and sponsoring companies, as well as attendees, will have the opportunity to join GAT Networks, GAT Gaming & Technology Expo’s informative platform, created to update and expand the audience interested in the development of GAT events, through streaming transmissions, interviews, and special activities, which will be conducted by the renowned journalist and presenter of the gaming industry, Gladys Buitrago.

    Tickets for GAT Showcase Bogota can be obtained here.

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  • Las Vegas: IGT Megabucks slot pays $10.1M jackpot at Aria Resort and Casino | Yogonet International

    Las Vegas: IGT Megabucks slot pays $10.1M jackpot at Aria Resort and Casino | Yogonet International

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    International Game Technology (IGT) announced in a tweet that a visitor from California won $10,159,321 off a $5 wager Wednesday on Megabucks Gold Forge Slots while playing at Las Vegas Strip’s Aria Resort and Casino.

    “One lucky player from California became the latest Megabucks millionaire with this life-changing win,” IGT said on Twitter.

    Earlier this week, the company announced that its Wheel of Fortune and Megabucks slots awarded two millionaire jackpots in July. Combined, the jackpots total more than $11.7 million for the month.

    On July 7th, a Megabucks slots player won $10,488,726 playing Megabucks Double Diamond Deluxe at Cannery Casino Hotel in North Las Vegas. The jackpot is Nevada’s second largest Megabucks slots jackpot this year. Meanwhile, on July 24th, a Wheel of Fortune slots player won $1,286,326 playing Wheel of Fortune Triple Red Hot 7’s at Michael Gaughan Airport Slots at Harry Reid International Airport in Las Vegas.

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  • Atlantic City casino smoking ban advocates praise Connecticut’s Mohegan Sun, Foxwoods for smoke-free policies | Yogonet International

    Atlantic City casino smoking ban advocates praise Connecticut’s Mohegan Sun, Foxwoods for smoke-free policies | Yogonet International

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    Casino Employees Against Smoking’s Effects (CEASE), a group based in Atlantic City, N.J. aiming to permanently ban smoking in casinos, has praised Connecticut casinos Mohegan Sun and Foxwoods Resort Casino for their smoke-free policies, which have remained in place since the COVID-19 pandemic.

    In response to an article and subsequent statements made by the top executives of the southeastern Connecticut casinos, CEASE issued a statement praising their smoke-free policies on Tuesday. The casinos’ management had dismissed an industry analyst’s suggestion that their policies had contributed to a slight decrease in slot-machine revenues during the 2023 fiscal year that concluded on June 30.

    Spectrum Gaming Group had raised the question of whether the casinos’ decisions to remain smoke-free after the pandemic reopenings had influenced casino players who smoke to try digital gaming, which was legalized in Connecticut in October 2021.

    During the 12-month period that ended in June, the combined slot win of the casinos, the wagers retained after prize payouts, amounted to $848 million, a 1.5% reduction from the $861 million retained in the previous 12 months. Meanwhile, gross gaming revenue from online gaming nearly doubled in the same period.

    Jeff Hamilton, President and General Manager of Mohegan Sun, and Jason Guyot, President and CEO of Foxwoods, both expressed skepticism regarding the notion that the continuation of smoking bans had negatively impacted their brick-and-mortar casino businesses.

    Jeff Hamilton, President and General Manager of Mohegan Sun

    Both casinos, like many others across the country, had implemented smoking bans when they reopened after temporary closures due to the pandemic. CEASE’s statement voiced support for Mohegan Sun and Foxwoods’ decision to maintain the polcy, arguing that the traditional understanding of smoking in casinos is undergoing a significant shift.

    “We’ve seen report after report bought and paid for by some in the gaming industry that have no basis in fact ― and this recent claim about casinos in Connecticut is now being shot down by Mohegan Sun and Foxwoods,” CEASE said in its statement.

    “We applaud these two casinos for making the decision many months ago to protect employees and guests from dangerous secondhand smoke. The old conventional wisdom about smoking in casinos no longer applies, and we’re seeing example after example of this new reality playing out across the country.”

    The group further highlighted the proposed change in Atlantic City that aims to close the casino smoking loophole, which CEASE says aligns with a broader trend toward healthier and smoke-free environments in casinos.

    In New Jersey, a state law enacted in 2006 prohibited smoking in all workplaces except casinos. Although temporarily banned during the pandemic-induced shutdowns, smoking was reinstated on July 4, 2021, with restrictions allowing smoking on 25% of each casino’s gaming floor.

    The CEASE group, boasting a membership that includes thousands of casino dealers and frontline gaming workers, also has active chapters in Pennsylvania, Rhode Island, Kansas, and Virginia.

    CEASE’s advocacy for extending workplace bans to casinos has gained momentum in recent legislative sessions, and the group is expected to continue its lobbying efforts in the upcoming fall session.

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  • Mark Harper appointed as Managing Director of Rank Group’s Grosvenor Casinos | Yogonet International

    Mark Harper appointed as Managing Director of Rank Group’s Grosvenor Casinos | Yogonet International

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    Mark Harper has been named the new Managing Director of Grosvenor Casinos, a casino brand under the Rank Group umbrella. Effective Monday, August 14, Harper’s role will encompass overseeing the operations Rank’s flagship casino unit. 

    Harper will join the executive committee of the LSE gambling group. His appointment follows the departure of Debbie Husband, who had a five-year tenure with the company.

    Harper brings to the table a wealth of experience garnered from his role as an operating partner of Pears Partnership Capital, a division of William Pears Group. His responsibilities within this role included overseeing the leisure and hospitality portfolio.

    Harper’s role is not just limited to overseeing the current operations of Grosvenor Casinos but also steering the casino brand through a post-pandemic business reorganization phase. Rank Group underscored Harper’s experience in managing transformation projects, including his work with Allied Domecq and Bourne Leisure.

    Rank CEO John O’Reilly said: “Mark is a hugely experienced hospitality and leisure operator with an extensive track record of success in transforming and leading businesses. I am very much looking forward to working with him, and I am confident that Rank will greatly benefit from his expertise.

    “Mark joins us at an exciting time for the land-based casino industry following the recent publication of the government’s White Paper on gambling reform. We have tremendous talent in the Grosvenor business, and Mark will help us to maximize the opportunities that are becoming available to us.”

    Harper said: “I am thrilled to be joining Rank and Grosvenor Casinos at such an important time for the UK casino sector. I am looking forward to working with John and the senior team at Rank and touring the Grosvenor estate to see the business in operation, and meeting the front-line teams.”

    In recent times, Rank Group has also strengthened its leadership team with the addition of Sam Allanson as the Chief Financial Officer (CFO) for Rank Interactive, the interactive gaming division of Rank Group. Allanson’s transition from his role at Entain (formerly GVC Holdings) follows the merger of GVC with Ladbrokes Coral. 

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  • Light & Wonder completes acquisition of SciPlay, company to become a fully-owned subsidiary | Yogonet International

    Light & Wonder completes acquisition of SciPlay, company to become a fully-owned subsidiary | Yogonet International

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    Light & Wonder has acquired the remaining approximately 17% equity interest in digital gaming business SciPlay Corporation that it did not previously hold. This all-cash transaction, valued at $22.95 per share, secures Light & Wonder’s position as the sole owner of the slot developer.

    The anticipated completion of the deal is expected to occur during the fourth quarter of 2023, contingent upon satisfying customary closing conditions. The acquisition is valued at approximately $500 million and was now approved by the Board of Directors of Light & Wonder. With this development, SciPlay transitions from public markets, returning to the realm of private ownership under the L&W umbrella.

    Matt Wilson, President and Chief Executive Officer of Light & Wonder, stated: “We are excited to fully unite SciPlay with Light & Wonder, further accelerating our cross-platform strategy and creating an even stronger and more efficient platform for growth.”

    “Our combined balance sheets will provide us with the flexibility to further invest in developing and launching great games cross-platform and deliver enhanced returns to shareholders.”

    The decision to pursue this transaction was guided by evaluations conducted by SciPlay’s independent advisors and directors, which formed a special committee. The move was deemed to be in the best interest of the company’s shareholders, culminating in the green light for the acquisition.

    Gerald Cohen and April Henry, Independent Directors of the SciPlay board and Co-Chairs of the SciPlay Special Committee, shared their insights on the transaction: “This transaction is a compelling opportunity to maximize value for SciPlay shareholders and favorably positions both SciPlay and Light & Wonder.”

    “Our committee conducted a careful evaluation of Light & Wonder’s proposal, with the support of independent financial and legal advisors, and we believe this combination represents the best outcome for SciPlay shareholders.”

    The transaction has received the approval of the holders of the requisite number of shares of common stock of SciPlay, thus eliminating the need for additional stockholder approval. Following the acquisition, SciPlay will transition into a wholly-owned subsidiary of Light & Wonder.

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  • Page not found | Yogonet International

    Page not found | Yogonet International

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    COPYRIGHT 2002/2023 YOGONET S.A. – Terms & Conditions – Privacy Policies


    AV. ALICIA MOREAU DE JUSTO 740, ° OF. 1 PUERTO MADERO, CP 1107, C.A.B.A, ARGENTINA


    TEL. +54 11 5235 3938

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  • Florida Lottery introduces four new scratch-off games featuring $345M+ in cash prizes | Yogonet International

    Florida Lottery introduces four new scratch-off games featuring $345M+ in cash prizes | Yogonet International

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    The Florida Lottery has introduced four new scratch-off games including $5,000,000 Crossword Cash, The Game of Life, Cash Drop, and $50 Frenzy. The tickets for these games are priced from $1 to $20 and feature over $345 million in cash prizes. The Florida Lottery says that all lottery retailers are expected to have these new tickets in stock and available for purchase within 48 hours.

    Crossword Cash is a scratch-off game that gives players the opportunity to win $5 million. The ticket is priced at $20 and comes packed with over $239.6 million total cash prizes and more than 5.4 million winning tickets. The game’s overall odds of winning are 1-in-2.90.

    Another game that has been introduced by the lottery is The Game of Life, whose ticket is priced at $5. The lottery describes it as “a nostalgic board game-themed ticket” that offers more than $77.9 million in total cash prizes and features over 5.4 million winning tickets. The game’s overall odds of winning are 1-in-4.03.

    Priced at $2, another new scratch-off game is the Cash Drop. With more than $19.1 million in cash prizes and over 3 million winning tickets to be claimed, the lottery says that players can win up to $50,000 instantly. The game’s overall odds of winning are 1-in-4.45.

    The last new game to be introduced by the Florida Lottery is the Frenzy scratch-off game. Players will have the opportunity to turn $1 into $50 with the new offering. The $1 game offers more than $8.5 million in cash prizes and 2.7 million winning tickets, including a chance to win $50 instantly. The game’s overall odds of winning are 1-in-4.93.

    “Scratch-Off games are an important part of the Lottery’s portfolio of games, comprising approximately 77 percent of ticket sales in the fiscal year 2022-2023. Since inception, Scratch-Off games have generated more than $17.77 billion for the Educational Enhancement Trust Fund (EETF),” says the Florida Lottery. 

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  • Pragmatic Play expands Brazilian presence through multi-vertical deal with local operator Beetee | Yogonet International

    Pragmatic Play expands Brazilian presence through multi-vertical deal with local operator Beetee | Yogonet International

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    iGaming content provider Pragmatic Play is collaborating with Brazillian operator Beette, expanding its operations in the country. The new multi-vertical deal with Beette is the latest in a string of agreements the supplier has signed in its region.

    Through the partnership, more Brazilian players will be able to access the supplier’s portfolio of slots, including award-winning Gates of Olympus and Sugar Rush alongside recent launches such as Zeus vs Hades – Gods of War.

    Pragmatic Play will also supply its live casino vertical to the operator, including games such as PowerUP Roulette and Sweet Bonanza CandyLand, “alongside further twists on the classics.”

    Beette’s customers will also gain access to the provider’s virtual sports offerings, featuring cutting-edge 3D renderings of horse racing, football, and motorsport among others.

    The deal comes as Pragmatic Play aims to further bolster its position in Latin America, following other recent partnerships throughout the region as well as several LatAm awards to its name.

    Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “We’re thrilled that Pragmatic Play is bringing its three most prominent verticals to Beette, giving them the opportunity to expand even further in Brazil and Latin America.

    “Pragmatic Play has a truly impressive portfolio of exciting and engaging games, with Latin America as a key market. We’re excited for new players to experience their titles and can’t wait to see what they think.” 

    A representative of Beette said: “Pragmatic Play has some of the biggest and best games out there, with a portfolio of acclaimed, easily recognized titles that we can’t wait to bring to Beette.”

    He added: “It’s a brand that has made impressive strides in Latin America already, so we’re ecstatic to be partnering with Pragmatic Play and contributing to that success. We’re confident this will be a successful partnership.”

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  • Uplatform celebrates successful participation at SiGMA Asia | Yogonet International

    Uplatform celebrates successful participation at SiGMA Asia | Yogonet International

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    iGaming platform provider Uplatform reflected on its successful participation at the SiGMA Asia 2023 event in Manila, held July 19-22. The company says it “took the spotlight” at the meeting with its solutions tailored to meet the demands of the fast-changing iGaming market in Asia.

    According to the company’s statement, the team connected well with attendees, making the stand a “favorite spot” for industry players looking for the latest ideas and solutions. “Uplatform’s unique bubble tea experience drew attendees, making the stand a trendy hangout,” says the supplier. “The tasty drinks sparked conversations and new connections.”

    At the expo, Uplatform showcased its award-winning sportsbook with over 200 sports to choose from. The sportsbook covers a wide selection of sports including Asian championships and amateur leagues, catering to the diverse preferences of Asian players. The sportsbook provides 1.5 million pre-match and live events worldwide.

    It includes features such as Asian handicap and odds formats like Hong Kong, Indonesian, and Malay, thereby enhancing the betting experience for Asian players. The team also showcased a casino portfolio featuring popular games, providers in Asia, and local live dealers.

    Uplatform stated that it left SiGMA Asia with “happy memories” and valuable partnerships. The company thanked the event organizers, exhibitors, and attendees for making it a success.

    “We’re grateful for this chance to connect with others in the industry at SiGMA Asia 2023,” said Maria, Head of Marketing at Uplatform. “The event showed us the importance of progress in iGaming, and we’re committed to driving that forward.”

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  • Pragmatic Play launches feature-rich new slot Rocket Blast Megaways | Yogonet International

    Pragmatic Play launches feature-rich new slot Rocket Blast Megaways | Yogonet International

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    iGaming content provider Pragmatic Play has launched a new space-themed slot titled Rocket Blast Megaways. Symbols in the game include aliens and colorful gems that appear across six ever-changing reels, with wins being awarded for left-to-right combinations of any size.

    Wilds can also appear on the second to sixth reels, explains Pragmatic Play, substituting for all symbols except the Scatter symbol and providing players with extra chances to land a win.  
     
    Rocket Blast Megaways also includes a tumble feature, which removes all winning combinations from play and replaces them with new symbols from above. Tumbles will continue until no further wins are made, and all payouts will then be awarded to the player. 


     
    The slot also introduces a Rocket feature which, after spontaneously landing upon the reels, transforms all symbols underneath it into Wilds. These Wilds are then nudged down one position after each tumble, providing extra winning chances.  
     
    Hitting four or more Scatters on any spin will trigger the free spins feature, with at least 10 free games to start. Players can gamble or collect their amount of free games before the round starts, with chances to gain an extra five spins.  
     
    “With the launch of Rocket Blast Megaways, Pragmatic Play adds yet another adventurous title to its portfolio, currently boasting over 300 titles including fan-favorites such as Big Bass Bonanza alongside new releases such as Diamond Cascade,” the provider said. 


     Irina Cornides, Chief Operating Officer at Pragmatic Play

    Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “We’re holding steady on our trajectory for a meteoric rise with Rocket Blast Megaways. Our latest slot invites players on an extraterrestrial adventure, with action-packed gameplay and rewarding bonuses onboard.”  
     
    She added: “With Megaways being a recurring favorite amongst players, we’ve topped it up with other thrilling features such as the Rocket symbol, which can land players even bigger win potential by blasting wins into new galaxies with added Wilds!” 

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  • Malta gaming regulator cancels EGMIT Elite license over unpaid fees, other breaches | Yogonet International

    Malta gaming regulator cancels EGMIT Elite license over unpaid fees, other breaches | Yogonet International

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    The Malta Gaming Authority announced on Thursday that it has canceled the authorization awarded to EGMIT Elite Limited, which runs the Elite24bet brand, based on specific breaches of the Gaming Compliance and Enforcement Regulations.

    According to MGA, the operator breached specific terms of Regulation 9 of the Gaming Licence Fees Regulations, including failure to comply with an order issued by the authority, as well as failing to adhere to certain regulations and laws.

    The regulator further pointed out breaches related to a failure to discharge financial commitments for its operations; failure to meet commitments to players promptly; and failure to pay fees promptly. 

    “The Authority, in its sole discretion, has determined that there is material and sufficient reason for suspending the authorization,” said the regulator. “One of the grounds for suspension envisaged in regulation 9 arises and the Authority, in its sole discretion, determines that cancellation of the authorization is the most appropriate measure.”

    Withdrawal of the license means the operator is no longer authorized to carry out gaming operations under the MGA license. The former licensee must remove any reference to approval from the Malta regulator with immediate effect. Elite24bet customers are advised to contact the MGA with any concerns about the ruling.

    The MGA stated that EGMIT Elite has the option to appeal against the decision in line with Article 43 of the Malta Gaming Act. However, the regulator also noted that such was the manner of the breaches, it has filed a police report against the operator. In addition, the regulator has initiated liquidation proceedings.

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  • Jamul Casino wins nine San Diego’s Best awards in San Diego Union-Tribune readers poll | Yogonet International

    Jamul Casino wins nine San Diego’s Best awards in San Diego Union-Tribune readers poll | Yogonet International

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    California’s Jamul Casino has won a personal record of nine “San Diego’s Best” Awards in the San Diego Union-Tribune Readers Poll. The publication announced the winners of the 27th edition of the awards on Sunday, with readers choosing top selections for over 200 products and services in San Diego, ranging from restaurants, entertainment, real estate and legal services, among others.

    Jamul Casino’s 2023 “San Diego’s Best” winners:

    • Best Sports Bar for Tony Gwynn’s Sports Pub (sixth consecutive year)

    • Best Pho/Noodle House Restaurant for Loft 94 Yakitori | Noodle | Craft (third consecutive year)

    • Best Romantic Restaurant for Prime Cut Steak & Seafood (second consecutive year)

    • Best Bartender for Jessica Green at JIVe Lounge (third consecutive year winning this category)

    • Best Restaurant Server for Laura Donathan at Tony Gwynn’s Sports Pub (third consecutive year winning this category)

    • Best Chef for Rogelio Hernandez at Tony Gwynn’s Sports Pub

    • Best Hamburger at Tony Gwynn’s Sports Pub

    • Best Sushi for Loft 94 Yakitori | Noodle | Craft

    • Best Scenic Spot for The Rooftop at Jamul Casino

    In addition to winning the most votes in nine categories, Jamul Casino had 18 other top contenders voted as a “favorite” in their categories.

    In terms of dining awards, Jamul notes that Gwynn’s Sports Pub has been achieving Best Sports Bar every year since 2018, having become one of the casino’s most popular eateries. “Tony Gwynn’s offers a casual atmosphere, large screens to watch a game, and mouth-watering cuisine paired with local brews,” says the casino.

    This year, the sports bar earned its first award for Best Hamburger. The bar also offers various dining menus with a different theme for each day of the week, such as “Surf and Turf” or “Baja Lobster Latin Night.” 

    For its part, Loft 94 Yakitori | Noodle | Craft earned its third consecutive award for Best Pho/Noodle House Restaurant and its first award for Best Sushi. Loft 94 is famous for its craft cocktails and Asian-inspired noodle dishes such as Tori – Chicken Katsu Ramen, Ronin – Spicy Curry Ramen, and Super Seafood Udon. 

    The casino’s scenic views also played a part this time around. This is the second year that Prime Cut Steak and Seafood has been named Best Romantic Restaurant. The restaurant features gourmet steak and seafood entrees, over 300 bottles of wine in its wine cellar, and panoramic vistas of the Southern California mountains. The fine dining spot has also received a Wine Spectator Award of Excellence for six years running.

    For its part, in addition to being named Best Scenic Spot for the first time, The Rooftop at Jamul Casino has also been recognized numerous times in recent years as the Best Place to Get Married. The amenity features “sweeping backcountry views, outstanding cuisine, and inspiring atmosphere in an open-air.”

    The casino has also received awards recognizing its team members in recent years. While three of its team members received the most votes for Best Bartender (Jessica Green), Best Restaurant Server (Laura Donathan), and Best Chef (Rogelio Hernandez), an additional eight team members were also voted as favorites in these categories.

    “Congratulations to Jessica, Laura, Rogelio, and the entire Jamul Casino team. Your commitment to exceptional service has helped make us San Diego’s top destination for dining, gaming, and fun,” said Mary Cheeks, the President and General Manager of Jamul Casino. “And thank you, San Diego, for voting Jamul Casino ‘San Diego’s Best’ nine times over!  We’ll continue working hard to be your top choice!”

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  • FBMDS to launch film noir-inspired multi-game slot series Golden Mystery | Yogonet International

    FBMDS to launch film noir-inspired multi-game slot series Golden Mystery | Yogonet International

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    Video bingo and iGaming supplier FBM Digital Systems announced the launch of Golden Mystery, a crime story split into four slot games. According to the company, with its features and mysterious bonus, the multi-game is “a sure bet” for casino operators to elevate player engagement and boost revenues.

    “Golden Mystery is a traditional 50’s Hollywood story combining fame, art, and vanity with the boundless ambition of standing out and being the most shining star of the cinema universe,” the company said of the game and its background.

    “As the story unfolds in the backdrop of the Golden Globe Cinema Awards, players will encounter a ferocious detective, a genius director, talented actresses, and other charismatic characters, making it an essential addition to any casino’s game library.”

    According to the announcement, the product will arrive at online casinos in a phased launch, being “The Lucky Gazette” the first game of the narrative becoming available. “Legendary Ace”, “Midnight Club”, and “Drama Finale” are the names of the other three games and episodes composing the noir film-inspired slot series.

    “From the bustle of the radio studio and newspaper boy to the adrenaline of the crime scene and the bohemian atmosphere of a club, players will live the thrills of each chapter of this story side by side with its protagonists and participate in the mystery-solving,” further revealed FBMDS-

    Stacked Wild, Wild Multiplier, Expanding Wild, and Triple Wild are the game features present in Golden Mystery. This product also contains a challenging bonus mode, where players will take their part in the investigation and reveal key clues to solve the Golden Mystery plot.

    “By integrating Golden Mystery, online casino operators can expect a multitude of perks that can elevate player engagement not only surrounding the storyline’s buzz on social media but also around bonus features, which will encourage players to stay longer and play more rounds, ultimately increasing bets,” the company noted.

    Apart from a sense of excitement around the launch of new episodes, the multi-game product also promises to help drive traffic to online casino’s websites, boosting their online presence and fostering customer loyalty. “As players immerse themselves in solving the crime, Golden Mystery can establish an emotional connection, leading to increased client retention,” the supplier explained.

    Guilherme Graziani, FBMDS Account Manager, said: “As the iGaming industry evolves, FBMDS strives to provide esteemed casino operators with innovative and engaging products that stand out in the market, Golden Mystery is a testament to our commitment to delivering unforgettable gaming experiences, and we are confident that it will prove to be a valuable addition to any casino’s gaming portfolio.”

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  • FBM to showcase its products tailored for the American market at Oklahoma’s OIGA Conference and Tradeshow | Yogonet International

    FBM to showcase its products tailored for the American market at Oklahoma’s OIGA Conference and Tradeshow | Yogonet International

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    Casino games and cabinets provider FBM announced Thursday its participation in the upcoming edition of the OIGA Conference and Tradeshow. The event, taking place from August 14th to 16th at Tulsa’s Cox Business Convention Center, Oklahoma presents an opportunity for FBM to showcase its casino gaming solutions “tailored for the American market” at Booth 718.

    In a statement, the company said it will captivate attendees with the selection of Mythic Link and Easy$Link gaming collections and casino cabinets, “designed to illuminate the path to success for operators across the United States.”

    According to the supplier, attending OIGA is a “crucial step” toward strengthening its position as it expands in the North American market. With an expanding client portfolio in the country, the casino gaming brand said the event provides it with an opportunity to further solidify its presence by attracting new clients and establishing widespread brand awareness.

    “At FBM, we believe in pushing boundaries and reimagining the possibilities of casino gaming. The OIGA Conference and Tradeshow 2023 provides an ideal platform for us to unveil our FBM slots game collection and casino cabinets in an engaging booth that speaks directly to the Oklahoma players”, explained Mike Medlin, Sales & Operations Manager at FBM.

    The gaming brand promises attendees can expect “captivating game designs, cutting-edge technology, and immersive gameplay experiences” at its booth. In addition to the stand display, the brand will host dedicated networking sessions and offer comprehensive customer support throughout the event.

    The trade show calendar has more stops scheduled for FBM in this second semester. From October 9 to 12, the FBM Group will also attend the G2E Las Vegas global gaming trade show. 

    “With a customer-centric approach, FBM aims to foster long-term partnerships, providing ongoing support and collaboration to ensure the success of its clients in the ever-evolving gaming landscape,” the brand said in a statement. “If you want to play like a Champion, visit Booth 718 and enjoy FBM’s thrilling slots.”

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  • CT Interactive expands its footprint in Italy via new content deal with BetFlag | Yogonet International

    CT Interactive expands its footprint in Italy via new content deal with BetFlag | Yogonet International

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    iGaming content provider CT Interactive has signed a new deal with operator BetFlag in Italy. As a result of the deal, the operators’ clients will gain access to CT Interactive’s games, including Chilli Fruits, 40 Treasures, and Lucky Clover.

    The company described BetFlag as being among “the 10 most popular casino operators in Italy.” The company started its activity in June 2012 and currently offers more than 5,000 games.

    Milena Tsankarsa, Head of Business Development EMEA at CT Interactive, said: “We are thrilled that our content is live with one of the top Italian operators. One of the reasons why our products are so popular in the region is because the Italian players love how diverse, modern, and exciting our products are.”

    For his part, Laviero Saganeiti, Casino project manager at BetFlag, commented: “Our specialists are committed to providing their customers with a high-quality, interesting online gaming experience. We are accomplishing our goals and reaching a larger audience thanks to our partners from CT Interactive.” 

    “CT Interactive is witnessing a massive expansion process in Italy, and the demand for high-quality slot games has been steadily increasing. We are proud that the local operators chose us as their partner,” Kiril Kirilov CRM at CT Interactive concluded.

    Earlier this week, the provider took its content live with operator SBbet.me, thus expanding its reach in Montenegro. According to a press release, this is another “successful step” toward the company’s expansion in the European regulated markets. 

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  • Ladbrokes partners with 02, AEG Presents and NME on new entertainment platform Ladbrokes Live | Yogonet International

    Ladbrokes partners with 02, AEG Presents and NME on new entertainment platform Ladbrokes Live | Yogonet International

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    UK bookmaker Ladbrokes has launched Ladbrokes LIVE, a new digital entertainment platform. LIVE is described as set to reward “thousands of fans” with free access to the UK’s “best live shows”, powered by strategic partnerships with O2, AEG Presents and NME.

    The Ladbrokes LIVE digital hub will give both existing customers and new Ladbrokes users the chance to win free access to live music and comedy shows. Users must be eighteen and over to register for the platform. No betting is required to participate.

    The Ladbrokes LIVE launch sees Ladbrokes partner with The O2, a live entertainment, leisure and retail destination; AEG Presents, which promotes and manages concerts and tours; and music news publication NME. 

    Through these partnerships, Ladbrokes LIVE promises to reward with “free access to thousands of tickets and unique live experiences,” including premium tickets to live shows at The O2 within a specially designed Ladbrokes LIVE Private Box.

    Kelly Rose, Head of Brand for Ladbrokes, said: “We’re embarking on an exciting new era for Ladbrokes connecting thousands of fans with free access to artists and talent through the Ladbrokes LIVE platform.”

    “In The O2, AEG Presents, and NME we’re working with three of the biggest and most iconic brands in the entertainment industry and this means we will be able to reward our audiences with the chance to attend some of the most exciting live shows in Britain for free.”

    In addition to music, those signing up on the Ladbrokes LIVE platform will have the chance to win free access to a wide range of live events including the Just For Laughs comedy festival,  the Luno Presents All Points East festival, and other touring shows across the country. 

    The collaboration between Ladbrokes and NME also sees the return of the Club NME nights with a series of dates across the UK featuring “headline talent and unmissable DJ sets”. Fans will be able to win free access to Club NME nights through the Ladbrokes LIVE platform.

    The Ladbrokes LIVE campaign also includes “significant” digital OOH media inventory at The O2 and sponsorship of the NME Awards show. 

    Georgina Iceton from AEG Global Partnerships added: “We are pleased to welcome Ladbrokes as a brand partner, and its customers to our world-famous venues like The O2, and best-in-class festivals with AEG Presents.”

    “The creation of a specially designed guest box at The O2, alongside unique live experiences across AEG Europe’s venues and live events will bring an exciting new dimension of entertainment not just for Ladbrokes customers, but all our visitors.”

    Holly Bishop, Chief Operating and Commercial Officer at NME, said: “We are thrilled to announce the return of the legendary Club NME, once again providing fans with unforgettable live music experiences at some of the UK’s best venues. Thanks to Ladbrokes, all tickets will be completely free, making Club NME more accessible than ever.”

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  • World Series of Poker releases WSOP Europe and international circuit schedule | Yogonet International

    World Series of Poker releases WSOP Europe and international circuit schedule | Yogonet International

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    Following last month’s record-setting edition at Horseshoe and Paris Las Vegas on the Las Vegas Strip, World Series of Poker (WSOP) has announced its annual fall series, WSOP Europe, and its initial international stops for the 2023-24 WSOP Circuit (WSOP-C).

    Returning for its 14th season, the 2023 edition of WSOP Europe is set to unfold at King’s Resort in Rozvadov, Czech Republic, from October 25 to November 15. The tournament’s Main Event will kick off on November 10. Check the full schedule of the tournaments here. 

    King’s Resort owner Leon Tsoukernik shared his enthusiasm for the upcoming series, stating: “We’re absolutely thrilled to continue hosting the most prestigious tournament series in Europe, this year offering even higher guaranteed prize pools and new exciting events.” He also emphasized the resort’s commitment to deliver “unmatched service and hospitality to all poker players.”

    The WSOP-C also kicks off its 2023-24 international run on August 13 in London, with eight confirmed stops scheduled to date and more stops to be announced soon on WSOP’s official website. In addition to earning a spot in the invitation-only “Tournament of Champions” event at the 2024 World Series of Poker in Las Vegas, each champion from the live or online circuit events will also get a WSOP gold ring.

    This year features 15 bracelet events, with the Main Event coming in at a €10,000 ($11,007) buy-in with €5 million ($5.5 million) GTD. In 2022, the WSOP Europe Main Event beat the record for entrants with 763 participants, resulting in a €7,248,500 ($7.9 million) prize pool. 


    WSOP Executive Director and Senior Vice President Ty Stewart

    “The buzz surrounding poker has surged following this year’s Main Event in Vegas,” said WSOP Executive Director and Senior Vice President Ty Stewart. “We’re not stopping at setting 12 new records. We expect the WSOP Europe to ride the momentum and break its Main Event record once again this year as players from around the globe try their hand in the richest, most prestigious sport in the world.” 

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  • SPiCE Sri Lanka: Regulatory bill sparks international interest in country’s gambling industry | Yogonet International

    SPiCE Sri Lanka: Regulatory bill sparks international interest in country’s gambling industry | Yogonet International

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    In a major move for the local sector, Sri Lanka’s gambling industry is gearing up for massive transformation as the government greenlights a long-awaited bill to establish a regulatory authority for lawful gambling. The decision has sent shockwaves across the region, sparking interest from international gaming firms eyeing the island nation’s promising market. 

    Industry leaders, entrepreneurs, and gaming industry enthusiasts gathered at the SPiCE Sri Lanka conference in Colombo earlier this month, brought together by the country’s potential growth prospects and eager to explore the untapped opportunities in this new landscape.

    Jade Entertainment and Gaming Founder and CEO Joe Pisano; PM International’s Chief Commercial Officer Dmitry Belianin; and Pari Consultants’ Consultant Gaming Parimalam Suppiah shared their insights and experiences during a panel conversation held within the framework of the conference. 

    Suppiah expressed his strong interest in the Sri Lankan market, echoed by the other speakers: “We have strong interest now to come to this market. We are actually from Central Asia. We are also looking at sports betting, and many opportunities.”

    The pivotal moment that has brought together gaming enthusiasts and industry professionals alike is the cabinet’s approval to draft a bill that will establish a regulatory authority for lawful gambling in Sri Lanka. This regulatory body will be responsible not only for governing gambling operations but also for addressing responsible gambling practices. 

    As Pisano pointed out: “In any jurisdiction, one of the most important things is to bring in industry professionals to help draft that bill. Hopefully, the government here will reach out to industry leaders to bring in the investment into the country.”

    The enactment of a robust regulatory framework is crucial in attracting international gaming companies to invest in Sri Lanka. With initiatives like the Port City development project, Sri Lanka is poised to become an attractive destination for global operators, noted the experts. Pisano added, “There is a 15-hectare lot [in Port City] and let’s say, to attract a Nevada-based operator, you need to have those regulations in place.”

    Besides creating favorable business conditions, industry leaders stressed the importance of establishing a gambling ads framework to strike the right balance between regulation and growth. Belianin added: “I think bringing the proper advertising regulations will allow the industry to grow, allow the operators to invest more money into the sports and into marketing.”

    As the industry gears up for a potential influx of gaming operators, concerns were raised about the competition from gray market operators who have long targeted Sri Lankan players unchecked. However, it was unanimously agreed that proper regulations would provide a level playing field for both new entrants and existing operators. 

    Pisano remarked, “With regulation in place, moving from gray would be step one for gray market players. I see a big future in Sri Lanka.” The growth potential of Sri Lanka’s gaming industry is nothing short of promising, especially with its high smartphone and internet penetration rates, Suppiah added. 

    Suppiah highlighted: “The development opportunities in the country right now are massive due to the internet penetration, the passion for sports and also the passion for games. The percentage of internet penetration in the country is one of the highest in the region as well.”

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