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LottoKings Announces Private Placement for up to $10 Million

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, March 12, 2021 (GLOBE NEWSWIRE) — Legacy Eight Ltd. (“LottoKings” or the “Company”), a profitable online service provider for Lottery, Casino, and Sportsbook gambling, is announcing that has entered into a definitive agreement to be acquired by a private British Columbia company (”BCCO”) as part of its proposed listing. In connection with the acquisition, BCCO has engaged Mackie Research Capital Corp. (the “Agent”), pursuant to which the Agent has agreed to offer for sale up to 20,000,000 subscription receipts of BCCO (“Sub Receipts”), on a “best efforts” private placement basis at a price of $0.50 per Sub Receipt (the “Issue Price”) for total gross proceeds of up to $10,000,000 (the “Offering”).

Each Sub Receipt issued under the Offering shall be automatically exchanged into one common share of BCCO (“BCCO Shares”) without any further payment or action on the part of the holder upon satisfaction by BCCO of the following escrow release conditions: (i) having received a receipt for a final prospectus qualifying the distribution of the BCCO Shares issuable upon conversion of the Sub Receipts; (ii) having received conditional acceptance for the listing of the BCCO Shares on the Canadian Securities Exchange or such other national securities exchange as may be approved by BCCO and the Agent; (iii) having satisfied all conditions in the agency agreement governing the Offering and not committing any material breach of covenants in such agency agreement; and (iv) BCCO and the Agent delivering a joint notice to the escrow agent in accordance with the terms of a subscription receipt agreement.

BCCO has granted the Agent an option to offer for sale up to an additional 3,000,000 Sub Receipts, at the Issue Price, exercisable in whole or in part at any time for a period of up to 48 hours prior to the closing of the Offering.

The Offering is being carried out by BCCO prior to making an application to obtain a listing on the Canadian Securities Exchange. There can be no assurance that BCCO will successfully achieve a listing as planned.

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About Legacy Eight Ltd.

Legacy Eight Ltd. is a holding company of online gaming and entertainment assets. Its portfolio of B2C brands and operations currently includes Wintrillions, Trillionaire and LottoKings. The Company’s vision is to be a global leader in online lottery, online casino and sports betting. Established in 2005, what initially started as a lottery messenger service (messenger & insurance), grew into a profitable online service provider for Lottery, Casino, and Sportsbook gambling, attracting millions of signups since 2017. By offering players the option to easily transition from lottery into casino gaming, LottoKings has the competitive advantage of acquiring pre-qualified, newly converted players into the casino marketplace.

For further information, please contact Kelvin Lee at [email protected]

Disclosure and Caution

Completion of the Offering is subject to a number of conditions, including ensuring the financing and listing application are compliant with CSE requirements. The transaction cannot close until the required conditions are satisfied and required approvals are obtained. There can be no assurance that the Offering will be completed as proposed or at all. Trading in the securities of the Company should be considered highly speculative – there is no active market for the Company’s securities at this time. No regulatory body has reviewed or approved the terms to the Offering.

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This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the ability to complete the financing, the ability to satisfy the conditions required and approvals needed to complete the transaction, the expected viability of the assets subject to the transaction, availability of funds and the results of financing efforts, – that could cause actual results to differ materially from the Company’s expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction. 

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International Association of Gaming Advisors (IAGA) Announces 2025 International Gaming Summit in Berlin, Germany

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The International Association of Gaming Advisors (IAGA) will hold its 42nd International Gaming Summit Monday, June 9 through Thursday, June 12, 2025 at The Ritz-Carlton Berlin. As a premier event that brings together leaders from all global gaming sectors, the Summit will provide operators, suppliers, attorneys, investors, bankers, regulators and other advisor delegates with an unparalleled opportunity to meet and discuss the most important issues facing gaming.

“We are looking forward to holding our 2025 Annual International Gaming Summit in Berlin, a historic city with a vibrant art and culinary scene. Our 2025 agenda addresses numerous issues of critical importance including the growing illegal market, the potential impact of AI across gaming operations, the progression of online casinos and navigating due diligence challenges in M&A transactions. Additionally, our agenda again includes a full-day focused on issues unique to sports betting operations, including a current look at the state of advertising restrictions, growing conflicts of interest, and a session focused on lessons learned from the 2024 Olympic Games in Paris and the Euro Cup in Germany,” Jeff Barbin, IAGA President and a Partner with Phelps.

Barbin continued: “We are also pleased to announce that as part of the Summit, we will be launching a new initiative focused on building relationships between global gambling and betting regulators and major sports governing bodies. Our Sports and Wagering Integrity Coalition working group will focus on identifying collaborative ways that regulators and sport governing authorities can address growing threats to sports integrity and sports wagering and collaboratively identify ways to build stronger relationships to confront these threats. During the Coalition’s first closed-door workshop, experts from each stakeholder group will share unique challenges they face, highlighting ways that each side can better collaborate to protect game integrity and sport wagering and address the growing threats posed by the illegal gambling market. With major global events like the 2026 FIFA World Cup, the 2028 Olympics and the 2031 Rugby World Cup coming to the United States, we believe it’s critical that both industries deepen their collaboration to address the growing challenges each side faces.”

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The post International Association of Gaming Advisors (IAGA) Announces 2025 International Gaming Summit in Berlin, Germany appeared first on European Gaming Industry News.

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Playzia Signs Major Deal with SOFTSWISS, Expanding Reach with Top Aggregator Platform

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Playzia’s thrilling portfolio of games, including Billionaire Wolf and Billionaire Rhino, as well as upcoming highly anticipated Love Island series, set to go live on SOFTSWISS award-winning platform

Playzia, one of the fastest-growing game providers to the iGaming industry, is thrilled to announce a new partnership with SOFTSWISS, a recognised industry leader in iGaming software solutions development. This collaboration will see Playzia’s portfolio of innovative and thrilling games go live on SOFTSWISS award-winning aggregation platform, offering operators worldwide access to Playzia’s exciting content.

The partnership marks a significant milestone in Playzia’s continued expansion into global markets. Exciting titles from the dynamic studio developer, including Billionaire Wolf, Cosmos Cash, Sweet Candy Fortune, The Great Fishing Adventure, along with the newly released Volcanic Coins and Billionaire Rhino, are now available on the SOFTSWISS Game Aggregator. In addition to the steady rollout of 3 exciting titles per month, Playzia is committed to delivering unique branded content, including a recently announced series with ITV, inspired by the global phenomenon Love Island. This marks just the beginning of the Playzia’s ongoing growth and development in the iGaming industry.

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Penning the agreement with SOFTSWISS and expanding its network of partners allows the fast-paced studio to further its mission of bringing its thrilling and innovative games to an even broader audience, ensuring players around the world who Love to Play can enjoy top-tier, one-of-a-kind gaming experiences.

“We are delighted to partner with SOFTSWISS and make our games accessible to operators through their renowned aggregation platform,” said Vlad Modorcea, CPO at Playzia. “This collaboration represents an exciting opportunity to reach new markets, and we’re confident that players will enjoy the high-quality content we bring to the table. Our games are designed to captivate, and we can’t wait to share them with SOFTSWISS global network.”

Nikita Keino, Head of Partnerships at SOFTSWISS Game Aggregator added: ‘We welcome Playzia as our new partner, and we are proud to expand our portfolio with new games. We have already surpassed the 27,000 games mark and are excited to offer the market the best and most diverse games from the wide range available.’

Beginning this year, Playzia is gearing up to unveil an exciting roadmap, with three new games launching each month. Looking ahead, partners and players can anticipate the introduction of trademarked mechanics, innovative new game types including crash, table, instant, and probability games, along with exciting jackpots and tournaments, all designed to elevate the gaming experience to new heights.

The post Playzia Signs Major Deal with SOFTSWISS, Expanding Reach with Top Aggregator Platform appeared first on European Gaming Industry News.

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Golden Boomerang Awards 2025: Affiliate Traffic Tournament With Prizes and Trip to San Siro

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The top-30 teams from tournament leaderboard will be invited to the San Siro Stadium in Milan for unforgettable experience at final event with Awards Ceremony

 

Boomerang Partners has launched the second annual traffic tournament Golden Boomerang Awards 2025. This competition for affiliate teams from all over the world will run from February 3 to May 11. The conditions are simple:

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  • register, by coming up with a name for the team and adding data to the profile;
  • generate quality traffic;
  • perform additional tasks;
  • get cool prizes for your results;
  • take home the Grand Prix’s top prize!

All interested affiliate teams can register on the official Golden Boomerang Awards website, on the Telegram Bot, or through their manager.

After successful registration, participants must drive high-quality traffic to Boomerang brands – betting and casinos. Only FTDs (first deposits) will count towards scoring and monthly prizes. This year, teams will compete on two leaderboards: sports and casino traffic. The organizers also prepared nine additional nominations, giving even more chances to score big!

By participating in Golden Boomerang Awards 2025, teams can have an unparalleled experience. The tournament is divided into three monthly stages. The winners and participants who complete the monthly tasks will receive prizes ranging from the fulfillment of your dream to cash prizes. It will also be possible to get additional points and increase leaderboard positions by leaving reviews, following on social networks, etc. And, of course, special prizes are awarded for winning nominations. The top 30 teams will have an unforgettable time and a special program in Milan. The final will be held at one of the best stadiums in the world, the San Siro. This is possible because Boomerang is the Official Regional Betting Partner of AC Milan in Europe. The team has more than 500 million fans worldwide!

Julia Makarova, Head of Affiliates of Boomerang Partners, said, The Golden Boomerang Awards is a unique project in our industry. It allows us to motivate our partners and improve communication with them. The tournament brings us closer to affiliates, adding value to our cooperation. This project combines a tournament with motivation in the form of cool prizes and the creation of a unique unmatched community – that’s what makes it special. The Golden Boomerang Awards confirms trust and long-term collaboration between Boomerang and our partners.”

Detailed Golden Boomerang Awards terms and conditions and registration are available on the tournament website: https://goldenboomerangawards.com

The post Golden Boomerang Awards 2025: Affiliate Traffic Tournament With Prizes and Trip to San Siro appeared first on European Gaming Industry News.

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