Connect with us
Atlaslive is a robust, scalable, and reliable igaming platform that supports the growth of our partners’ business by ensuring 99.9 percent uptime, one of the best in the industry.

partnerships

Gaming Innovation Group Expands Tier-One European Portfolio with Betway Launch in Portugal

Published

on

gaming-innovation-group-expands-tier-one-european-portfolio-with-betway-launch-in-portugal
Reading Time: 2 minutes

 

Gaming Innovation Group (GiG) has announced the Portuguese launch of leading online sports operator Betway, powered by its award-winning iGaming platform and sportsbook, in a release that expands on GiG’s growing list of tier-one partners in complex regulated markets.

Betway is GiG’s second B2B partner brand now live in Portugal and the first under the new stewardship of former SBTech and DraftKings executives, Chief Executive Officer Richard Carter and Chief Business Officer Andrew Cochrane. The arrival of both strengthens GiG’s underlying top-tier credentials with their extensive experience at delivering commercial growth expected to continue to expand on GiG’s growing list of high-profile partnerships across its sportsbook, next-generation platform and artificial intelligence (AI) solutions.

Already crowned EGR’s Full Service Platform and Multi-Channel Supplier of the Year for 2023 at one of the industry’s most prestigious awards, GiG has crafted a full suite of solutions that are ideally positioned to take advantage of tightening global legislation, driving growth and revenue within the most complex and highly regulated markets.

Advertisement

Portugal itself provides one of the most robust regulatory online gaming frameworks in Europe alongside a resolute taxation structure that facilitates the need for highly configurable solutions to help navigate opportunities for growth in the market. GiG’s innovative solutions place a concerted focus on driving acquisition and retention, leveraging market leading features that offer enhanced opportunities for leading operators around the world.

The online gaming market in Portugal offers considerable opportunity for growth. Revenue rose to a record €658.6 million in 2022, an increase of over 30% year-on-year across the 28 license holders, twelve for sports betting and 16 for iGaming, according to data supplied by the regulator, Servico de Regulacao e inspecao de Jogos (SRIJ).

“I’m proud of the close partnership we’ve developed with Betway and the product that we’ve helped build with the team for the Portuguese regulated market,” the Chief Business Officer for GiG, Andrew Cochrane, said. “Betway is a leading tier-one operator and this launch helps affirm our growing position as a market leader in the business-to-business (B2B) industry. This is a very exciting time to be a part of GiG as we continue to invest in our product and technology capabilities to underpin further tier-one client wins and provide existing clients with ever more compelling product features.”

“As part of our ambitious growth strategy for Portugal in 2024, this GiG platform will help play a role in expediting our objectives to elevate the sports betting experience for existing Betway customers in Portugal and appealing to new ones,” the Chief Executive Officer for Betway, Anthony Werkman, said. “This agreement will also allow our teams to work in synergy to reach our shared goals and aspirations within the country.”

Advertisement

partnerships

Sky Vegas to sponsor new ITV reality show

Published

on

sky-vegas-to-sponsor-new-itv-reality-show
Reading Time: 2 minutes

Sky Vegas has been announced as the headline sponsor of The Fortune Hotel, a brand new ITV1 reality entertainment show hosted by comic actor, Stephen Mangan, and produced by Tuesday’s Child.

The new series, set in a five-star resort in the Caribbean, is a gripping new format which sees contestants work in pairs to compete against other hotel guests and get their hands on a briefcase containing a life changing amount of money.

10 pairs of contestants will arrive at The Fortune Hotel, where they will be given an all-important briefcase. Inside one case is the ultimate jackpot of £250,000 in cash, while eight are empty, and one contains the dreaded Early Checkout Card – whichever pair is left holding that case at the end of each show will see their stay brought to a dramatic, premature end.

​​G​uests will attempt to figure out who is in possession of the cash case, whilst trying to keep the contents of their own a secret, and viewers will be treated to a blend of suspense, subterfuge and glamour as the duos compete over eight episodes.

Advertisement

Airing on Monday 13 May on ITV1 and ITVX (and STV in Scotland), Sky Vegas’ sponsorship includes 80” of accreditations per episode, spanning Monday-Thursday over a two-week period.

The ​​​​sponsorship deal also includes 10” bumpers around free programme streaming ​ ​content on the ITVX and STV Player, including website and mobile ​​apps*.

​​​Sky Vegas also has rights to include The Fortune Hotel logo and reference to the sponsorship across​ their own​ platforms​,​ including website and social media.

Commenting on the sponsorship, a Sky Vegas ​​spokesperson said: “​The F​ortune ​​Hotel has the potential to be the next big TV hit, and we are incredibly excited that we are going to be a part of this new show with ITV.

“Our customers enjoy fun and entertaining games, so this sponsorship opportunity just made sense. We’re looking forward to watching the show and enjoying all of its twists and turns with the rest of the ​​​​nation.”

Advertisement

Bhav Chandrani, Director of BE Studios, added: “It’s brilliant to be bringing a brand new format to screens and The Fortune Hotel is real shout-at-the-telly fun. It’s going to be full of twists and turns as we get to watch the gameplay unfold.”

The post Sky Vegas to sponsor new ITV reality show appeared first on European Gaming Industry News.

Continue Reading

partnerships

Red Rake Gaming presents some of its games on Swiss4Win, the online brand platform from Casino Lugano

Published

on

red-rake-gaming-presents-some-of-its-games-on-swiss4win,-the-online-brand-platform-from-casino-lugano
Reading Time: < 1 minute

 

Premium casino content developer, Red Rake Gaming, partners with Swiss4Win, the online brand from Casino Lugano, to distribute their high-end and innovative suite of top performing casino games into the regulated Swiss market.

The collaboration will grant Swiss4Win access to Red Rake Gaming studio’s outstanding array of top-tier games. Among these, there are renowned titles such as Guardians of Luxor featuring scatters, mini-games, special wheels, 1st of the Irish with its multiple features and captivating cascading reels, and others such as Mega Rich, Ultra Burst, 2 Kings of Africa, Guardian of Ra.

These games have already captured the hearts of players worldwide and are currently leading the charts in several regulated European markets and this strategic and commercial partnership is part of the supplier’s plans to expand across Europe and supply innovative games to operator partners worldwide.

Advertisement

Nick Barr, Managing Director for Red Rake Gaming Malta, commented on the partnership stating: “We could not be more thrilled to partner with Swiss4Win, who are a dominating force in the Swiss market thanks to their player first approach and delivery of the best service to their players. We are very confident the Red Rake Games will play a strong part in Swiss4Win’s continued growth and delighted to work with all the team at Casino Lugano.”

Paolo Sanvido, Chief Executive Officer at Casino Lugano/Swiss4Win, said: “Red Rake Gaming is an innovative brand in the online gaming industry. The inclusion of their innovative titles within our gaming platform is something we welcome with great enthusiasm, confident that we will deliver an even more fun and engaging gaming experience.”

The post Red Rake Gaming presents some of its games on Swiss4Win, the online brand platform from Casino Lugano appeared first on European Gaming Industry News.

Continue Reading

Apricot

Super Group Announces Key Terms of Strategic Transaction to Assume Full Control of its Sportsbook Technology Platform

Published

on

super-group-announces-key-terms-of-strategic-transaction-to-assume-full-control-of-its-sportsbook-technology-platform

 

Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, announced that it has entered into definitive agreements to assume full control of its sportsbook software technology licensed by Apricot, Super Group’s long-standing software partner.

The transaction brings Super Group closer to its goal of fully owning and controlling its sportsbook technology across its worldwide markets, giving the company the capability to apply this technology stack to any properties it may buy or build in the future.

Super Group has agreed to acquire this technology for a total consideration of c.€140 million from Apricot’s licensor, plus additional amounts payable if certain earn-out conditions are achieved. The upfront consideration consists of c.€100 million, which will be paid in the form of cancellation of an outstanding loan. Super Group will pay an additional €40 million in two equal payments over the next two years, of which up to €20 million may be paid in ordinary shares of Super Group at its sole discretion. Additional payments of up to €210 million could be made through a contingent earn-out mechanism if Super Group’s sportsbook revenue more than doubles during the earn-out period which runs through December 31, 2035. The earn-out is calculated as a percentage of monthly sportsbook net gaming revenue, ranging from a low single-digit to high single-digit percentage.

Neal Menashe, Chief Executive Officer of Super Group, said: “I’m delighted that we have now concluded terms for the sportsbook – we have been working closely to agree to an equitable deal with a favorable structure for both parties. This is an exceptional opportunity for Super Group to take full control of our sportsbook technology, which would enable maximum flexibility for organic growth as well as M&A opportunities. We’ll continue to deliver the best sports betting and gaming experience to our customers around the world as the benefits of this deal are realized.”

Advertisement
Continue Reading

Trending

Get it on Google Play

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