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5 Fantasy Gaming Platforms to try out while the ongoing Ind V/s Aus Tour Series

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5 Fantasy Gaming Platforms to try out while the ongoing Ind V/s Aus Tour Series
5 Fantasy Gaming Platforms to try out while the ongoing Ind V/s Aus Tour SeriesReading Time: 3 minutes

 

After the grand success of IPL 2020, the fantasy gaming industry is booming again with the ongoing India V/S Australia Tour Series. The series consists of 3 ODIs, 3 T20s, and 4 Tests. After eight long months, Team India is poised to make a comeback to the 22 yards as an entire unit. With MPL winning the Kit Sponsorship for Team India, the popularity of fantasy gaming is spreading immensely. In addition, fantasy cricket apps have a number of new offers lined up, new features in their gameplay and have completely overhauled their marketing budgets.

Fantasy cricket apps primarily accord cricket fans the opportunity to test their knowledge. The process involves the participants forming their own teams and earning points based on the overall performance of the selected team combination. The past two years have witnessed fantasy gaming platforms attracting high-end investors such as Sequoia India, Stead view Capital, Go-Ventures, and Tencent. High-profile cricketers like Yuvraj Singh, MS Dhoni, Virat Kohli, and Sourav Ganguly are the brand ambassadors of some of these companies. Fantasy cricket apps are designed with the motive to entertain and bring across the joy that one derives by playing online cricket.

The statistics released in a recent study, carried out by the Federation of Indian Fantasy Sports (FIFS) in collaboration with KPMG, show that presently, there are about 100 million fantasy sports users in India. The growth of the Indian Online Fantasy Sports industry has been phenomenal and continues to grow exponentially, having registered a 212% CAGR in the user base between 2016-19. As per the report, around 74% of the users play fantasy league games at least one to three times a week. Around 20% of the active users on these platforms are paid users while around 30-40% play fantasy games on more than one platform. The industry clocked in a gross revenue of over Rs. 2,400 crores for the FY20, increasing from Rs 920 crore in FY19.

Here are a few of the fantasy gaming platforms you must give a try:-

  1. Fantasy Akhada – A young & dynamic organization that has a vision of exponentially enhancing the level of sports engagement in India. Fantasy Akhada offers the lowest entry fee contests where users can win lakhs. In a short span of 9 months and after delighting over 1 lakh customers on the platform, Fantasy Akhada is now ready for the next phase of growth in India’s rapidly evolving Fantasy Sports Industry. Recently, Fantasy Akhada signed up with Mr. Harsha Bhogle and onboarded him as an investor and brand ambassador.

 

  1. Dream11 – One of the renowned and the only fantasy gaming unicorn in India as of now, Dream11 is also the title sponsor of the IPL this year – it made a total investment of Rs 222 crores. The gaming platform has around 80 million players forming its current user base and controls a lion’s share in the market touching 80%. Dream11 is known for running daily contests which enables players to make (or even lose) lots of money on them. It even accords users the opportunity to participate in polls and earn bonus money through referrals. MS Dhoni and Rohit Sharma are together the face of the company.

 

  1. MyTeam11 – One of the fastest growing fantasy gaming platforms, MyTeam11 has Virender Sehwag and Danny Morrison as its brand ambassador. With a user base of over 12 million players and still counting, MyTeam11 recently launched a brand-new campaign – India kiApni Fantasy App – which promotes playing fantasy cricket game on native applications, motivating people to opt for these over the foreign-bred apps. During the recent Caribbean Premier League, which reached its conclusion some time back, MyTeam11 was one of the popular platforms.

 

  1. SIXNWICKET– it is a gaming portal which offers you multiple prospects of playing cricket, your favourite game. You can win real cash by playing this game of cricket. You can exhibit your skills and compete with other players in this real-time multiplayer game zone. You can win real cash by defeating other players whom you are competing with. This is absolutely skills’ oriented game where you need to be tactful while using your skills. It’s time to get ready and participate in this first ever multi-player game.

 

  1. Paytm First Games (PFG) – Paytm First Games (PFG) took in the sporting legend and iconic Indian cricketer, Sachin Tendulkar, as its brand ambassador. However, a day after the announcement broke the news that this app is being removed from the Play Store by Google. This development brought in more publicity than expected for the app and raised awareness about it, the purpose for which Sachin Tendulkar was actually taken on board.  Paytm First Game is a new entry in the field of fantasy games and is anticipated to create major ripples as it has the backing of PayTM’s marketing model, which itself is among the fastest upscaling and top 10 brands in India. As per the media reports, the word goes that PFG will be investing around Rs 300 crore in fantasy sports and other online gaming events this financial year.


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: 5 Fantasy Gaming Platforms to try out while the ongoing Ind V/s Aus Tour Series

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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Allwyn announces €2.15bn syndicated credit facility and refinancing of existing syndicated credit facility

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Allwyn International AG announced that it has entered into a new €2.15 billion Senior Facilities Agreement with a syndicate of international banks.

Lenders under the Senior Facilities Agreement have committed to provide funding to Allwyn in an aggregate amount of €2.15 billion, comprised of €400 million of amortising term loans, €900 million of bullet term loans, a €350 million multi-currency revolving credit facility and a €500 million delayed drawdown term loan. All the facilities have a five-year maturity. Allwyn will use the proceeds to refinance its existing €1.7 billion syndicated bank facility (of which, €1.2 billion is currently drawn), to support its growth plans, and for general corporate purposes.

The margin on key facilities is 150 bps lower than the margin on the refinanced facility.

The liabilities under the Senior Facilities Agreement will rank pari passu with the existing debt of Allwyn International AG and Allwyn Entertainment Financing (UK) plc, under the existing intercreditor agreement.

Kenneth Morton, Allwyn CFO, commented: “I’m delighted with the level of interest that the transaction received, with the majority of existing banks upsizing their commitments and a further increase in the number of banks in our banking group.

This syndication reflects the strength of our credit and confidence in our strategy.

Our broad and diversified access to capital markets continues to allow us to achieve highly attractive pricing and terms across instruments and currencies.

Following the successful repricing of our USD Term Loan B and debut EUR Term Loan B issuance earlier this year, this transaction is another step forward in our proactive management of our capital structure, reducing our interest costs and further extending our maturity profile.“

The post Allwyn announces €2.15bn syndicated credit facility and refinancing of existing syndicated credit facility appeared first on European Gaming Industry News.

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Spinomenal releases Demi Gods VI Hold & Hit

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Leading iGaming content provider Spinomenal has rolled out the latest addition to its iconic Demi Gods Series: Demi Gods VI Hold & Hit.

In this new release, players are transported to a mystical realm surrounded by ominous mountains and swirling mists. The adventure unfolds within a 5×3 reel frame, where electric anticipation crackles around each spin. Atlas, Selene, Helios, and Hera are once again the main protagonists on a mission through ancient Greece in the hunt for glory. A pulsating soundtrack helps create an electric atmosphere on the reels.

Three or four Wild symbols only pay out when followed by Free Spins or a Bonus symbol. A divine shield represents the Wild symbol which counts for any symbol except for Free Spins and Bonus symbols. Three Scatter Free Spins symbols trigger the Free Spins game. During the base game, Scatter Free Spins symbols can only be found on reels 1, 3, and 5. Three Scattered symbols will reward players three Free Spins and multiply the total bet by three.

Once Free Spins are underway, any symbol can become a Colossus symbol (3×3), expanding over the centre of the slot across reels 2 to 4. Any Scattered symbol (Bonus or Free Spins) will only land as a Colossus symbol and initiate the feature. A Free Spins colossus symbol will provide players with three extra Free Spins and pay x3 the total bet.

The Hold & Hit adds another dynamic element to the game. A minimum of six Scatter bonus symbols will initiate the Bonus game, where the symbols that triggered the feature remain in place. Players start with three spins and once the empty spots are filled or when the spin counter hits zero, the game will end.

Every spin has the potential to fill the final empty slots and give players prizes ranging from x1 – x10 multiplier of the total bet. The Mini Jackpot – pays x25 total bet, Major Jackpot – pays x50 total bet and the Mega Jackpot – pays x250 total bet. The spin counter will reset with a win and players who manage to cover all 15 spots will unwrap the Grand Jackpot and a prize of x5000 the total bet.

Spinomenal CO-CEO, Omer Henya commented: “Demi Gods VI: Hold & Hit lifts our legendary series to new heights with its dynamic features and compelling gameplay. Introducing the Hold & Hit feature makes this a game worthy of the gods — and our players.”

The post Spinomenal releases Demi Gods VI Hold & Hit appeared first on European Gaming Industry News.

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The anatomy of a high-performing iGaming platform: a guide from Slotegrator

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Slotegrator, a gambling solutions provider and game aggregator, has released new downloadable material about the key components of a successful online casino platform. The guide includes practical checklists to help beginners set up platforms from scratch and experts enhance their projects.

In the iGaming industry, a project’s long-term success depends on the power and versatility of its platform. But that platform can’t be based on any old software; just like how you can’t have a car without four wheels and an engine, there are vital components to an online casino platform.

So what are they?

Let’s start with first impressions. The frontend is the “face” of a platform. Almost 75% of players judge a gambling website based on its appearance, and 88% of users won’t return after a negative experience.

Key frontend elements include:

  • Branding (visitors should understand the idea from the first glance)
  • Navigation (everything should be simple and easy to find)
  • Transparency (players must have easy access to relevant information)
  • Localization (adoption of language, currency and cultural norms).

If the frontend is the face, the backend is the brain. It should contain all the tools for successful online casino management. A quality backend should give the operator total, real-time monitoring and control over every aspect of a business — payment processing, regulatory compliance, game statistics, player data, retention strategies, analytics, compliance, player support, and everything else.

New operators often find themselves trying to choose whether to build such a platform in-house or to outsource the job. Slotegrator’s report carefully weighs the pros and cons of each option and reaches a clear conclusion: in-house development might save a little money in the short term, but it’ll cost much more in the long run.

“We created this guide to help operators to understand what truly belongs in a successful iGaming platform. An engaging frontend and a powerful backend are essential tools for attracting and retaining players. The guide is a valuable resource for evaluating a platform’s strengths and weaknesses and building a clear promotion strategy”, says Svetlana Kirichenko, Head of Marketing at Slotegrator.

Slotegrator’s guide also includes several key checklists:

  1. Essential frontend functions
  2. Key backend features
  3. Necessary modules for platform architecture (featuring a real example of Slotegrator’s turnkey online casino platform.

Download the guide via the link.

ABOUT THE COMPANY

Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.

The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.

The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.

Slotegrator also provides consulting services in gambling license acquisition and business incorporation.

The post The anatomy of a high-performing iGaming platform: a guide from Slotegrator appeared first on European Gaming Industry News.

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