Connect with us

Latest News

Homa appoints Henry Lowenfels as its new President and Chief Business Officer

Published

on

homa-appoints-henry-lowenfels-as-its-new-president-and-chief-business-officer
Reading Time: 2 minutes

Homa, the world’s leading mobile game publisher, is pleased to announce the appointment of Henry Lowenfels as its new President and Chief Business Officer (CBO).

With extensive experience in the mobile gaming industry and a strong track record, Henry will join Homa’s executive team contributing to the company’s growth and achievement of strategic plans.

Henry boasts extensive experience in the gaming industry, having held leadership roles in key companies such as Senior Vice President of Business Development at Scopely and Chief Product Officer at OneTeam Partners. He joined Scopely in its early stages in 2012 and made his way to the executive team playing a vital role in the company’s development, culminating in its $4.9 billion acquisition by Savvy Games Group in 2023. Over his eight-year tenure at Scopely, Henry’s contribution was instrumental in reshaping the company’s publishing approach and securing significant licensing deals for popular IPs like Monopoly Go!, Star Trek™ Fleet Command, Walking Dead: Road to Survival, and WWE Champions. He also led the Corporate Development team through important M&A deals including the acquisition of Digit Games and FoxNet, and fostered Scopely’s strong developer ecosystem, partnering with studios across four continents. These include renowned names like IUGO, Boss Fight, Mediatonic, and Aquiris, thereby solidifying the company’s industry presence. Furthermore, during his time at OneTeam Partners, he was responsible for overseeing video game and web3 product strategy and business development of the company, growing the business from a $300 million valuation when he joined to a $1.9 billion exit just over two years later.

Leveraging his strong background in business development and publishing, Lowenfels will support Homa in enhancing organizational performance and growth through strategic partnerships. His contributions will help drive the company’s vision and strengthen its positioning as a leading player in the mobile gaming industry, with a focus on innovation and emerging genres such as hybridcasual, a field in which the company has already taken significant steps. Homa recently doubled down its hybridcasual division and is strengthening its cutting-edge tech platform “Homa Lab” for empowered hybridcasual publishing.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

“We are delighted to welcome Henry to our team” stated Daniel Nathan, Founder & CEO at Homa. “We’re confident that his extensive experience in the entertainment industry and his business development approach will have an important positive impact on the growth of the company. We look forward to working closely with him to push the boundaries of mobile gaming and continue empowering game creators and ourselves to create chart-topping games”.

Lowenfels has also expressed his excitement to join Homa and contribute to its continued success. “Homa is a pioneering force in the mobile gaming industry, and I am honored to become part of this growing, disruptive and ambitious team,” said Henry. “The company is undergoing an amazing expansion stage right now and I’m excited to contribute to it and further position Homa as a leader in the gaming space.”

With Lowenfels’ appointment, Homa continues its commitment to hiring top talent to drive growth, innovation, and disruption in the mobile gaming industry.

*Homa currently offers various roles and invites those interested to check out the open positions on its website.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

Latest News

Adventure Awaits in Boat Bonanza CrocoNile!

Published

on

adventure-awaits-in-boat-bonanza-croconile!
Reading Time: < 1 minute

 

Play’n GO takes players on an unforgettable expedition to Egypt’s legendary Nile in Boat Bonanza CrocoNile!, filled with thrills, spills, and crocodile chills!

Captain Jim and Jane Bonanza are here, sailing into the exotic and mysterious waters of the Nile. Legend speaks of untold treasures hidden beneath its waters, guarded fiercely by crocodiles and the ominous Curse of Sobek. Fans of the Bonanza series and Egyptian adventures will find plenty to love in this latest journey packed with intriguing gameplay and captivating storytelling.

Boat Bonanza CrocoNile! introduces players to heart-pounding gameplay across a vibrant 5-reel, 12-payline slot. Experience thrilling features like Croc Carnage, where crocodiles swim onto the reels upgrading Catch Symbols, and Sobek’s Rage, an intense Lock’n Spin feature with escalating multipliers up to x10. Instant Prize rewards and engaging random features such as Spear Shot and Depth Charge add layers of excitement and align with Play’n GO’s dedication to innovative gameplay.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

Fans who enjoyed previous Boat Bonanza adventures or Egyptian-themed slots such as Legacy of Egypt and Rich Wilde and the Book of Dead will find Boat Bonanza CrocoNile! irresistible. The game masterfully blends adventurous exploration with exotic Egyptian mystique, reminiscent of previous successful Bonanza titles, ensuring it will resonate deeply with players.

George Olekszy, Head of Game Retention at Play’n GO, said:

“Boat Bonanza CrocoNile! encapsulates everything players loved about our Bonanza series, but elevates the excitement with thrilling new mechanics. We’re confident that the game’s adventurous theme and innovative features will keep players coming back for more.”

With its engaging narrative, action-packed gameplay, and visually stunning setting, Boat Bonanza CrocoNile! is poised to be an adventurous addition to any slot enthusiast’s favourites.

The post Adventure Awaits in Boat Bonanza CrocoNile! appeared first on European Gaming Industry News.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Continue Reading

Latest News

Amusnet Launches Golden Coins Link

Published

on

amusnet-launches-golden-coins-link
Reading Time: < 1 minute

 

Amusnet has launched its latest jackpot system – Golden Coins Link, designed to elevate player excitement and enhance operator performance. Seamlessly integrated into five popular slots, this progressive system introduces more frequent jackpot opportunities and dynamic features – an exhilarating gaming experience filled with thrills and the potential for significant rewards.

Golden Coins Link reflects Amusnet’s commitment to delivering high-quality, player-centric solutions that help its global network of partners grow and succeed in a competitive landscape. With its captivating gameplay mechanics and seamless integration, the system is set to provide a fresh layer of excitement across online casino portfolios.

At the heart of Golden Coins Link is the Hold & Spin bonus, where players collect special symbols with the chance to unlock big wins. Filling the grid activates the Multiplier Wheel, offering the opportunity to multiply winnings up to 10x or hit one of the top-tier Major or Grand jackpots. Compared to other jackpot systems, Golden Coins Link stands out with its higher frequency of triggering, delivering a more thrilling and rewarding experience.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

Golden Coins Link is currently available in five fan-favourite titles:

• 40 Power Hot Golden Coins Link

• Art of Gold Golden Coins Link

• 40 Bulky Fruits Golden Coins Link

• 100 Bulky Fruits Golden Coins Link

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

• 40 Extra Crown Golden Coins Link

These titles combine familiar themes with the excitement of the new jackpot system, offering players a fresh take on their favourite games.

With its engaging mechanics and business-driving benefits, Golden Coins Link empowers operators to boost retention, increase playtime and maximise revenue.

The post Amusnet Launches Golden Coins Link appeared first on European Gaming Industry News.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Continue Reading

Latest News

Legalizing Online Casino Gaming Could Generate Over $18 Billion in Tax Revenue to US States

Published

on

legalizing-online-casino-gaming-could-generate-over-$18-billion-in-tax-revenue-to-us-states
Reading Time: 2 minutes

Legalizing online casino gaming could add $18.4 billion to US state budgets, a new study says.

The report, conducted by online casino comparison site BonusFinder.com, analyzed tax revenue generated by online casinos across the seven US states where they are already legal — Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia — to estimate the total economic impact.

Based on average per-adult spending of $262.40 in those markets, the researchers estimated how much revenue the remaining 44 jurisdictions, including Washington D.C., could generate if they adopted similar legislation.

In total, the study estimated that the states are leaving up to $62 billion in gross revenue on the table.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

With a 30% tax rate — an average of the seven states with legal online casino gaming— this would translate into $18.4 billion in tax income annually. Even with a more conservative tax rate of 20%, the figures could reach $12.3 billion.

California is estimated to be missing out on the most — with the analysis showing that its adult population of approximately 31 million could generate up to $2.4 billion in annual tax revenue.

“These numbers highlight two problems,” said Luciano Passavanti, Vice President at BonusFinder.com. “States are missing out on billions in tax revenue, and consumers are being pushed to platforms that don’t offer the same safety, accountability, or responsible gaming tools as licensed operators.”

This concern is backed by a recent report from research firm Yield Sec, which found that 74% of gross gaming revenue in the US in 2023 — totaling $67.1 billion — came from unlicensed, illegal, and unregulated operators.

That means the vast majority of online gambling activity is still happening outside state oversight — costing governments billions in potential tax income and leaving players vulnerable.

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

“The demand for online casino gaming already exists — but right now, the money is flowing offshore,” Passavanti added. “States that act now have the chance to bring that revenue back into their own economies, and to do so responsibly.”

States where online casino gaming is already legal are directing the funds into essential public services. In Michigan, more than $400 million from iGaming taxes, which includes both online sports betting and online casinos, went to the School Aid Fund, $4 million to the First Responder Presumed Coverage Fund and $3.7 million to the state’s agricultural and equine development programs.

Beyond the financial upside, regulated online casino markets allow states to implement age verification, deposit limits, and self-exclusion tools, offering far stronger consumer protections than offshore operators.

“With over $18 billion in annual tax revenue potentially at stake, the case for legalization is becoming harder to ignore.” Passavanti said.

“As states continue to explore ways to balance budgets and modernize outdated gambling laws, regulated online casinos could offer both financial upside and meaningful consumer protections — if policymakers are ready to act.”

Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)

The post Legalizing Online Casino Gaming Could Generate Over $18 Billion in Tax Revenue to US States appeared first on European Gaming Industry News.

Continue Reading

Trending

Offering comprehensive coverage on all aspects of the gaming sector, our daily posts include online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Gaming News Room is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania