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Rivalo starts operating in Colombia as a casino games provider showcasing MGA Games productions
Sports betting provider Rivalo ―one of Coljuegos’ authorized companies that provides online games in Colombia― recently joined MGA Games’ quest to operate also as a casino games provider. With this, Rivalo amped up its gambling product catalogue, which now includes slot machines and video games on top of its regular sports betting services.
In order to hit the casino games market, Rivalo decided to join forces with Spanish developer MGA Games, which already enjoys a long-lasting operating presence in Colombia. Rivalo has thus gained access to MGA Games gaming catalogue, including famous titles protected under copyright. From today, Rivalo’s online platform showcases slot games such as Lucky Dragon and Wild Africa along with video bingo games such as Circus Bingo, Magician, Mariachis, Zeus and Sea, among many others.
The Country Manager of Rivalo for Colombia, Álvaro José Mosquera, said: “The beginning of our Casino offering represents a milestone in the development and positioning of the Rivalo brand, as a premium betting house in Colombia. At Rivalo we are very aware that our players expect only the best, and that is why we have decided to launch our casino offering only after achieving important adoption and penetration goals from our sports betting operation, we also wanted to make sure that the beginning of our Casino operations in the country would go hand in hand with an integral communication strategy which will soon be seen by all Colombians”.
José Antonio Giacomelli, CEO of MGA Games, is highly satisfied with the agreement reached. “MGA Games has been after the Colombian market ever since the country regulated online gaming in 2016. When it comes to localized online content for global gaming operators, we are now regarded there as a major specialized company. The fact that Rivalo chose our game productions to set foot on the casino games industry in Colombia is a complete honour. We anticipate a very promising collaboration, which shall bring us one step further in our company strategy”.
Latest News
ATG Releases its Channeling Report for the Third Quarter of 2024
ATG has released its channeling report for the third quarter of 2024.
The report, which covers the time period from the first quarter of 2019 to the third quarter of 2024, highlights a worrying situation in the gaming industry. It shows that there is still a large proportion of gambling activities that take place outside the regulated system.
The purpose of the report is to increase knowledge about unlicensed gambling in Sweden. Through a better understanding of its scope and development, ATG wants to contribute to ensuring that the right measures are taken, so that the licensed gambling can out-compete the unlicensed and thus increase the channelisation rate.
The channelisation rate for games in the third quarter of 2024 is estimated at 70–82%, which is to be compared with the government’s goal for games with licensed operators of 90%. The ratio has stabilised somewhat compared to the previous quarter, but the long-term trend is still downward.
The result is alarming because unlicensed gambling is more likely to be linked to problem gambling.
“Unlicensed gambling is estimated to have a gross turnover of up to SEK 150 billion – equivalent to the cost of the entire Swedish primary school. To simultaneously make such high demands on us licensed gambling companies, while these enormous sums escape regulation and control, is both unreasonable and counterproductive,” said ATG CEO Hasse Lord Skarplöth.
Other key findings in the report for the third quarter:
Visitor traffic from Sweden to unlicensed companies has increased tenfold since 2019.
18 of the 20 unlicensed sites with the largest visitor traffic during the quarter had the same platform providers as the companies within the license system.
Only two of the 20 unlicensed sites were on the Spelinspektionen’s ban list.
The post ATG Releases its Channeling Report for the Third Quarter of 2024 appeared first on European Gaming Industry News.
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AI-Driven Business Intelligence Solutions for Women Engineers
Jayashree Raja shares how women in engineering can find their place at the forefront of the AI revolution.
Latest News
1spin4win and mBitcasino introduce exclusive branded slot game mBit Diamonds
1spin4win is proud to announce the launch of mBit Diamonds, a custom-branded slot game created in collaboration with mBitcasino, a global crypto online casino.
Designed exclusively for mBitcasino, this release highlights 1spin4win’s expertise in crafting bespoke games that combine engaging gameplay with strong brand integration.
Available starting December 7, 2024, mBit Diamonds is tailored to reflect mBitcasino’s brand identity, featuring the casino’s mascot, Mr. Bitty, as a high-paying symbol. With 1,024 paylines, a sleek diamond theme, a 97.20% RTP, and the potential to win up to x4,500, the game delivers generous payouts.
The creation of mBit Diamonds demonstrates the growing importance of branded slots in today’s competitive online casino market. Custom games provide operators with a distinctive edge, combining visually engaging designs with gameplay mechanics tailored to their players’ preferences. For mBitcasino, this collaboration strengthens its brand identity while offering its community a game that’s both entertaining and rewarding.
Olga Hlukhovskaya, Business Development Director at 1spin4win, commented, “It’s not easy to stand out in iGaming, but custom games like mBit Diamonds help online casinos do just that. With game customization, we at 1spin4win bring together our well-balanced gameplay and strong branding to keep players interested, build a strong connection to the operator, and help our partners stay ahead.”
Joseph Adkins, Casino Manager at mBitcasino, added, “We’re pleased to offer mBit Diamonds to our community. The game reflects the unique character of our brand and was thoughtfully designed to align with what our players value. Working with 1spin4win has been a smooth and professional process, and we’re confident this game will resonate with our audience.”
To learn more about custom games and other promotional tools from 1spin4win, visit the studio’s website.
The post 1spin4win and mBitcasino introduce exclusive branded slot game mBit Diamonds appeared first on European Gaming Industry News.
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