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Aspire Global’s Year-End Report 2018 – Concluding an Amazing Year

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Aspire Global’s Year-End Report 2018 – Concluding an Amazing YearReading Time: 4 minutes

 

FOURTH QUARTER (OCT-DEC 2018)
• Revenues increased by 71.6% to €32.9 million (19.2)
• B2B Revenues increased by 87.3% to €19.3 million (10.3)
• EBITDA increased by 71.4% to €6.6 million (3.8)
• EBITDA margin amounted to 20.0% (20.0%)
• EBIT increased to €6.0 million (3.5)
• Earnings after tax from continued operations increased to €4.6 million (1.3)
• Earnings per share after tax from continued operations increased to €0.10 (0.03)
• Cash flow from operating activities increased by 103.9% to €5.3 million (2.6)
• First time depositors (FTDs) increased by 82.1% to 123.7 thousand (67.9)

FULL YEAR (JAN-DEC 2018)
• Revenues increased by 45.5% to €104.6 million (71.9)
• B2B Revenues increased by 52.6% to €56.6 million (37.1)
• EBITDA increased by 48.6% to €21.2 million (14.3)
• EBITDA margin amounted to 20.3% (19.8%)
• EBIT increased to €19.3 million (13.0)
• Earnings after tax from continued operations increased to €16.2 million (9.8)
• Earnings per share after tax from continued operations increased to €0.36 (0.23)
• Cash flow from operating activities increased by 42.8% to €22.9 million (16.0)
• First time depositors (FTDs) increased by 50.5% to 370.4 thousand (246.1)
• The Board of Directors proposes a dividend of approximately 1.27 SEK per share, to be paid for the 2018 fiscal year

SIGNIFICANT EVENTS DURING AND AFTER THE FOURTH QUARTER
• On October 25th 2018, the sports operator BetRegal migrated to Aspire Global from another platform
• On October 22nd 2018, Aspire Global launched a bingo offering in addition to casino and sports.
• On November 28th 2018, Aspire Global was granted a sports gaming license in Ireland.
• On December 5th 2018, Aspire Global presented new financial targets for 2019-2021; revenues of €200 million and an
EBITDA of €32 million, excl. material acquisitions, and an EBITDA-margin of 16%.
• On December 21st 2018, Aspire Global was granted a Swedish gaming license. On January 1st, 2019, the re-regulation
entered into force and Aspire Global started operating under the new license.
• On January 9th 2019, Ziv Shtaeinberg was appointed as Chief Technology Officer (CTO) and member of the management team at Aspire Global, leading the technology site in Kiev, Ukraine.

A WORD FROM THE CEO 
“As I conclude the fourth quarter and 2018 as a whole, I feel excited and extremely proud of our progress. December rounded off yet another record quarter in line with our seasonal pattern. We maintained strong focus on regulated markets with new licenses granted in Sweden and Ireland and finalized compliance for the Swedish re-regulation. Furthermore, we launched five new brands on the platform, two of which were migrations of established operators, all while pursuing high activity in B2B and B2C through effective CRM-campaigns. As a result, revenues in the fourth quarter increased by 71.6% from 2017, reaching €32.9 million.

CONCLUDING 2018
As for the full-year, it was an exciting journey. Aspire Global entered into 8 new partnerships and launched 13 new B2B-sites. We also launched over 240 new games, 6 of which are our own, and managed to expand our offering to bingo and sports, the latter of which is growing steadily and contributing to both segments. We received two new licenses for regulated markets, Sweden and Ireland, enabling us to create a stronger presence in northern Europe. The iGaming license for sports in Ireland expands Sportsbook to yet another regulated market, enabling partners to target new audiences through a wider offering. Moreover, we issued and listed a bond under a €80 million framework that, together with our strong cash flow, would enhance our growth potential and allow us to explore attractive investment and acquisition opportunities, in line with operational focus. Last but not least, we arranged our first capital markets day in Stockholm. The fact that we will be exceeding previous financial targets ahead of schedule is the result of an amazing progress in 2018, following our growth strategy.

ENTERING 2019
We are excited to be up and running in the re-regulated Swedish market, creating a stronger footprint in the Nordics. Aspire Global sees considerable growth potential from the modest starting point and is looking forward to initiating new partnerships under the new conditions.

Aspire Global recently announced updated financial targets for 2019-2021, aiming at revenues of €200 million and an EBITDA of €32 million, excluding material acquisitions, and an EBITDA-margin of 16%. The strategy going forward remains focused on B2B and B2C, but also on game development. Aspire Global will continue to pursue strong growth, both organically and through acquisitions, with a consistent focus on improving the offering, strengthening partnerships and seizing attractive opportunities in regulated markets. To ensure the appropriate infrastructure and flexibility for various market conditions and coming integrations, we will be initiating considerable investments in the company platform from our tech site in Ukraine, starting with the recent appointment of a group CTO and further recruitments to strengthen the tech-team going forward.
Welcome to a new and exciting year with Aspire global.” – Tsachi Maimon, CEO Aspire Global

 

FOR MORE INFORMATION, PLEASE CONTACT:
Tsachi Maimon, CEO, Tel: +356-79777898 or email: [email protected]
Motti Gil, CFO, Tel: +972-73 372 3154 or email: [email protected]

ABOUT THIS INFORMATION
Aspire global discloses the information provided herein pursuant to the EU Market Abuse Regulation
(MAR). The information was submitted for publication by the contact persons above at 08:15 am (CET) on February 14th 2019.

This document is the English original. In the event of any discrepancy between the original English document and the Swedish translation, the English original shall prevail.

TELECONFERENCE
Today, on February 14th 2019, at 10:00 (CET), the company CEO, Tsachi Maimon, and CFO, Motti Gil, will be presenting the report and answering questions at a teleconference (in English).
The teleconference will be webcasted live through the following link: https://financialhearings.com/event/10985 . The meeting, including the Q&A-session, is also available by dialing-in on the numbers below.
Sweden: +46 8 5664 27 03
UK: +44 3333 009 273
US: +1 6467 224 956

 

ABOUT ASPIRE GLOBAL:
Founded in 2005, Aspire Global offers a comprehensive iGaming solution for operators and white labels, including a complete suite of services for casino and sportsbook, multilingual CRM, payments and risk control, support call center, VIP management, acquisition optimization and a robust, market-leading platform. Aspire Global also holds licenses in regulated markets including the UK, Ireland, Denmark, Sweden and Malta. Aspire Global is listed on NASDAQ First North Premier under ASPIRE. Certified Advisor: FNCA Sweden AB, [email protected], +46-8-528 00 399. Please visit www.aspireglobal.com.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Aspire Global’s Year-End Report 2018 – Concluding an Amazing Year

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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IESF Announces 10th Presidential and Board Elections

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The International Esports Federation (IESF) has officially announced that its 2025 Presidential and Board Elections will take place on December 6, 2025, in Kuala Lumpur, Malaysia, during the 17th IESF General Assembly.

Marking the 10th Presidential Election in IESF’s history, this milestone represents a defining moment in the federation’s mission to unite and elevate the global esports community under one inclusive and transparent framework.

As the only International Federation recognized for upholding the governance principles and regulatory standards of the international sports system, IESF continues to lead efforts to strengthen integrity, accountability, and sustainable development within esports.

The election will determine the next IESF President and Board, who will guide the federation through a new era focused on unity, transparency, and sustainable development.

“IESF sets the standard of world esports governance — one built on trust, collaboration, and accountability,” said Boban Totovski, IESF General Secretary. “With the upcoming elections, the Secretariat and the Board will once again ensure a fair and democratic process that reflects the highest standards of integrity and professionalism. Our mission is to safeguard the credibility of esports governance and to guarantee that every member federation has an equal and respected voice in shaping the federation’s future.”

The Candidates

The official candidates for the IESF Presidential and Board Elections 2025 are as follows:

For IESF President:

Vlad Marinescu, who guided IESF through a period of transformation from 2020 to 2023, stands as a candidate for the 2025 Presidential Election, reaffirming his vision for a united and recognized world of esports.

Samart Benjamin Assarasakorn, current board member of IESF since 2023, will also stand for the role of President, committed to transforming IESF into a world-class federation that empowers every member nation.

For IESF Board:

  • Duane Mutu – New Zeland
  • Hayder Alkaales – Iraq
  • Clint Kennedy – United States
  • Flip De Bruyn – Namibia
  • Constantine Surkont – Argentina
  • Lokesh Suji – India
  • Afiq Fadhli Bin Narawi – Malaysia
  • Filip Soc – Montenegro
  • Kaung Myat San – Myanmar
  • Daniel Paulus – Germany
  • HRH Prince Omar Bin Faisal – Jordan
  • Yoav Sochen – Israel
  • Elin Yoojung Moen – Norway
  • Doniyor Djuraev – Uzbekistan

IESF continues to unite national federations and empower the next generation of esports leaders. The 2025 elections reaffirm the federation’s commitment to building a recognized and inclusive future for esports, one that transcends borders, connects cultures, and inspires unity through competition.

The results will be announced during the IESF 2025 General Assembly, where member federations will cast their votes to shape the next era of global esports leadership.

This 10th Presidential Election marks not only a milestone in IESF’s history but the beginning of a new era of governance, unity, and excellence in esports.

The post IESF Announces 10th Presidential and Board Elections appeared first on European Gaming Industry News.

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Unearth Monstrous Wins in Slotland’s New Castle of Horror Slot

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Slotland invites online casino players to step into the Castle of Horror — if you dare. Just in time for the spooky season, the new Castle of Horror slot game throws open its creaky gates and is treating players to a Halloween bonus feast. New and existing players can grab a 105% Match BOOnus and Free Chips.

Shadows crawl across the 6×3 reels in this dark, cartoon-horror adventure. Spin across 13 fixed paylines and encounter a sinister cast of characters, including a Dracula-like vampire with glowing eyes, a snarling werewolf, unnerving pumpkin-spiders, vials with a floating eyeball, and monster jaws full of sharp teeth. The neon-glowing, spooky aesthetic sets the perfect Halloween mood, where a 6x Wild can deliver 2,000x your bet.

“What better way to mark 27 years of entertaining our players than by inviting them into a haunted castle?” said Michael Hilary, Slotland Manager. “This has been a landmark birthday for us, and we wanted to give our players a gift. The Castle of Horror is the perfect blend of spooky fun and big win potential, and it encapsulates the innovative spirit that has kept us at the forefront for nearly three decades.”

The castle’s true terror and treasure lie in its trio of bonus features. Scatter symbols pay instantly, with 1 to 6 scatters awarding up to 10x your total bet. Land 3 or more Free Spins scatters to trigger the Freakish Free Spins round with 3-12 spins, featuring Colossal Wilds and extra spins for additional scatters. For instant rewards, trigger the Pick Me Bonus with 3 or more scatters to level up through the castle’s depths, unlocking increasingly valuable coin prizes from up to five rows.

Join Slotland’s birthday bash and Halloween festivities. The terror doesn’t stop there! Slotland’s sister site, Winaday Casino, has also unleashed the Castle of Horror, offering another venue to hunt for its eerie bounty!

NEW GAME BONUSES

SLOTLAND
Valid October 28 – November 7, 2025

105% Match BOOnus
On deposits $250-600
Redeem: 3x per day
Wager Req: 28x, Valid: Castle of Horrors, Arcane Treasures, Safari Sunsets, & Spartan Conquest
Bonus code: SLOTOWEEN

$21 FREE CHIPS ($33 for VIP’s)
Available directly on Promo page

WINADAY CASINO
Valid October 27-November 4, 2025

111% Match (144% for VIP’s)
On deposits $15-300
Redeem: 2x per day
Wager Req: 29x, Valid: Castle of Horror
Bonus code: TREAT

123% CRYPT-O-CASH
On deposits $40 – $300
Redeem: 1x per day
Wager Req: 30x, Valid: Select slots
Bonus code: HALLOWEEN

The post Unearth Monstrous Wins in Slotland’s New Castle of Horror Slot appeared first on European Gaming Industry News.

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The Brains Behind Predictive Fraud: How Frogo Turns Risk into Growth

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Fraud is evolving fast and businesses need more than reactive tools – they need a partner that can predict, prevent and adapt in real time. Frogo, the all-in-one fraud prevention platform, RedCore’s brand, is doing exactly that. From device fingerprinting and AI-powered scoring engines to graph-based forensic tools, Frogo empowers businesses to reduce losses, streamline processes and grow with confidence.

We spoke with Maksym Tkach, CTO at Frogo, about the company’s approach to fraud prevention, model management, transparency and how it’s preparing for next-generation threats.

 

How does Frogo ensure transparency and auditability while running a scoring engine and how do you balance that with real-time performance?

Transparency and speed don’t have to be at odds, we achieve this through careful architecture design. Every decision our system makes is fully traceable. If a transaction is flagged, we don’t just provide a score. We log the full context: the specific policy executed, all input variables and features and human-readable reasons that explain exactly which triggers were activated.

Yet, detailed logging doesn’t slow down the process. Our core decisioning engine responds in milliseconds, while the full audit details are published asynchronously to a message bus and stored separately. This ensures our partners get immediate responses without compromising traceability for our analysts.

How does Frogo manage model drift and concept drift across multiple fraud domains? What strategies ensure seamless retraining or evolution of your models?

Fraud is constantly evolving, so our system must adapt. We take a multi-layered approach:

Drift Detection: We monitor incoming data for inconsistencies, leverage anomaly detection within our rule engine and actively use partner feedback to identify potential issues early.

Seamless Retraining: When a model needs updating, we follow a ‘champion-challenger’ approach. The challenger model is backtested against historical data, shadow-tested in live traffic without affecting decisions and only promoted after proving its superiority.

This structured process allows us to maintain performance, adapt to new threats and minimize any impact on our partners’ operations.

In what ways does Frogo support explainable appeals or reversals? Is there a rollback mechanism?

We believe partners should feel empowered, not constrained by a black box. Every risk decision comes with a detailed, human-readable breakdown of the triggers and scores, forming the basis for appeals.

For reversals:

Case-by-Case: Our FinalReview API lets partners override individual false positives, while feeding back critical ground-truth for future improvements.
Policy Rollbacks: Partners can instantly disable underperforming triggers through our back-office control panel. Every action is fully logged, ensuring transparency and accountability.

As quantum computing and encrypted data processing gain prominence, how is Frogo preparing for next-gen fraud schemes?

We approach next-generation threats proactively.

Quantum Readiness: Our system is crypto-agile – we can swap in quantum-resistant algorithms quickly. Strong encryption, network segmentation and partner-dedicated accounts add layers of protection.
Encrypted Data Processing: We offer flexibility depending on partner needs. Privacy-conscious partners can provide hashed depersonalised data, allowing us to detect fraud without ever getting access to sensitive information.

This dual approach keeps us ahead of evolving threats while respecting privacy and compliance requirements.

Frogo is not just about stopping fraud – it’s about turning risk into growth. By combining real-time automation, AI intelligence and deep forensic capabilities, the platform helps businesses reduce losses, streamline operations and deliver seamless experiences for legitimate users.

If you want to see Frogo in action and explore how the platform can safeguard your business while driving growth, join Maksym Tkach and the Frogo team at SiGMA, November 4-6, booth #1047.

Leap into safety and catch the risks before they catch you.

The post The Brains Behind Predictive Fraud: How Frogo Turns Risk into Growth appeared first on European Gaming Industry News.

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