Press Releases
Raffle House guarantees £500k property in world first
House raffle company will award newly renovated, £500,000 two-bed London property in latest draw even if ticket threshold is not met
Raffle House has become the first house raffle competition operator globally to guarantee a property as the top prize ahead of its current draw.
A newly renovated £500,000 two-bed apartment in East London will be awarded to a lucky winner when the competition closes in July this year.
Raffle House will also cover Stamp Duty and legal fees, with tickets to the competition costing just £10 each.
With around half of the required tickets already sold, the odds of winning are incredibly favourable. The draw date may be brought forward if the ticket target is met before the closing date of 31 July.
Raffle House has already awarded a life-changing cash prize for its first draw when Lois Wright took home a cheque for £173,012.93 in August 2019.
Since then, a further 22 lucky weekly prize-winners have scooped £1,000 each via Raffle House’s guaranteed weekly £1,000 giveaways, which entrants are automatically entered into when they buy tickets to the main property draw.
The first competition also raised more than £13,000 for homelessness charities Centre Point and Housing for Women.
Benno Spencer, Raffle House CEO, said: “We are delighted to guarantee the property for our current competition, becoming the first house raffle business in the world to do so.
“Doing life-changing things means taking big steps, and we’re proud to be able to offer this amazing property to our customers for just £10.
“We are also maintaining donations to two very worthy homelessness charities, Centre Point and Housing For Women. We aim to raise £15,000 for our charities this time around.
“Guaranteeing the property establishes Raffle House as the leading house raffle company that does what it says it will do and awards properties to players.”
TV property expert Sara Damergi (A Place in the Sun, Coast vs Country) has been working with Raffle House ahead of its second prize draw. She says:
“I’m so pleased to support Raffle House and its mission to become the number one house raffle operator in the UK. This is such an interesting and fun concept especially when owning a home is now out of reach for so many.
“Guaranteeing the property as the main prize for its current draw is an absolute first in the industry which is huge and means that one player will win a flat in London worth around half a million when the competition closes.
“If you have a spare tenner, buy a ticket to the competition – you have to be in it to win it!”
Press Releases
EveryMatrix set to complete Fantasma Games acquisition after meeting shareholder threshold
On September 18th EveryMatrix announced a recommended public offer to acquire all shares in Fantasma Games AB for SEK 59 (€5.21) in cash per share with a total cash consideration of SEK 209.8 million (€18.5m).
Shares in Fantasma Games AB are listed on Nasdaq First North Growth Market Sweden.
The acceptance period for the offer commenced on September 19th 2024 and expired on October 10th 2024. The bid was conditional on at least 90% of shareholders accepting the offer.
This condition has now been met with 95.2% of Fantasma Games shareholders agreeing to the transaction.
EveryMatrix is the world’s largest games aggregator via its SlotMatrix platform with more than 29,000 games across 350+ third-party studios in addition to its own in-house games development within Armadillo Studios.
The acquisition will significantly strengthen EveryMatrix’s games output with the immediate addition of many well-known slots titles that are integrated with more than 250 operators including Paddy Power, Betsson, LeoVegas, DraftKings and BetMGM to name just a few, and played by millions of players across 50 countries.
By continuing to invest in content and casino EveryMatrix further strengthens its customer offering by adding a portfolio of globally popular premium games enjoyed by next generation players, boost its direct contracts and integrations, and further strengthen one of the most profitable areas of its business.
Fantasma Games’ market distribution will also boost EveryMatrix’s presence in rapidly growing markets such as North America where it has established contracts with multiple tier-1 operators in every licensed iGaming state, and where it has ambitious plans in the coming years.
Ebbe Groes, Group CEO and Co-Founder, EveryMatrix, said: “We’re delighted to announce that this acquisition will proceed. It is another M&A deal fully funded from our own cash flow and made possible due to our rapid organic growth. We see big synergies and opportunities!
“Fantasma’s games are recognised by the world’s largest operators and their players as among the very best both from a performance and an experience perspective. Its games production output is seriously impressive, as is their management and staff who have created a business that consistently generates remarkable financial results.
“I’d like to thank the EveryMatrix team that have worked so hard to make this possible as well as Fredrik and his team with whom we believe we can do even greater things as a combined force.”
Fredrik Johansson, CEO and Founder, Fantasma Games, said: “I’m incredibly proud of the fantastic journey we have undertaken so far with Fantasma Games. Now, as we approach the next major phase in our growth, I’m confident that EveryMatrix is the perfect partner to help us realise our long-term vision.
“We not only share a common passion for innovation, but also a deep understanding of what it takes to create gaming experiences that truly engage and entertain players in a unique way. EveryMatrix has a strong technical platform and extensive experience in fostering successful collaborations within the gaming industry, which makes us feel confident that together we can take our game development to new heights.
“Through this partnership, we see tremendous potential, not only to enhance the quality of our existing games, but also to develop new and groundbreaking game concepts that can set future standards. We look forward to building a long-term and successful collaboration where we can jointly continue to drive development forward and create added value for both players and our partners.”
The post EveryMatrix set to complete Fantasma Games acquisition after meeting shareholder threshold appeared first on European Gaming Industry News.
Caesars Entertainment
NetGaming Signs iGaming Partnership with Caesars Entertainment
NetGaming, a rapidly growing online casino content provider, today announced an iGaming partnership with Caesars Entertainment that will bring NetGaming’s portfolio of unique game content to Caesars’ online casino platforms, enhancing the entertainment experience for its players. Through this partnership, Caesars will integrate a wide range of NetGaming’s high-performing titles onto its iGaming platforms, including popular games such as Wicked Wins – Fortune Pick, Zeus’s Thunderbolt 5000, and American Wonder Reels.
The partnership underscores both companies’ commitment to delivering premium, engaging content to players in North America.
“We are thrilled to partner with Caesars, one of the most respected and prestigious brands in the gaming industry,” said Pallavi Deshmukh, CEO of NetGaming. “This agreement represents a significant milestone for NetGaming, as it allows us to reach a broader audience and showcase our great games that stand out for their innovation, quality, and player engagement.”
“NetGaming offers an impressive variety of titles that we believe will resonate well with our players,” said Matt Sunderland, Senior Vice President, and Chief iGaming Officer at Caesars Digital. “We’re committed to putting our players first and integrations like these add to our ambitions of offering them an elevated online casino experience they can’t find anywhere else.”
Caesars’ integration of NetGaming’s distinctive gaming titles, will provide its players with an even more diverse and immersive gaming experience across its iGaming platforms. The collaboration between NetGaming and Caesars is expected to go live in H2 2025, with additional game releases planned for the future.
Australia
Drake Inquiry into Greyhound Racing NSW extended
Due to the high volume of submissions and issues so far raised, the timeframe for the Drake Inquiry into Greyhound Racing NSW (GRNSW) to report to the Minister for Gaming and Racing, David Harris, has been extended until 30 April 2025.
This will ensure Acting Commissioner, the Hon Lea Drake, has adequate time and resources to thoroughly consider the substantial and complex information including evidence from additional witnesses, with planned hearing dates running until the end of December.
Mr Harris approved the extension following a request from Ms Drake.
The Minister has also agreed to Ms Drake’s request to expand the Inquiry’s Terms of Reference to allow for a stronger focus on GRNSW’s financial management.
The second Term of Reference now requires the Acting Commissioner to “inquire into, report on and make findings and recommendations in relation to”:
2. GRNSW processes and management, including financial management, procurement and recruitment practices, and concerns regarding any alleged or identified conflicts of interest and the management of conflicts of interest.
The Inquiry’s next hearings are listed for 1pm to 7pm on 15 and 16 October in the Fair Work Commission hearing rooms at 80 William Street, East Sydney.
Further hearings will be held from 21 October, and additional dates will be confirmed for November and December and posted on the Drake Inquiry website.
The post Drake Inquiry into Greyhound Racing NSW extended appeared first on European Gaming Industry News.
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