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Golden Palace Selects Altenar’s Sportsbook Software for its Terminals
Golden Palace, the Belgium-based multi-channel gambling operator, has selected Altenar’s sportsbook software for its terminals in Belgium. The decision comes after just a few months’ trial period.
Dinos Stranomitis, COO of Altenar, said this decision is proof that the software has worked well in the select number of terminals it was originally deployed for across three locations in Saint-Ghislain, Aubenge and Oostende.
“Of course there have been many problems due to the pandemic as the venues have not always been open – and could not, therefore, generate massive volumes. But Golden Palace is very happy with how the terminals are functioning,” he said.
The roll-out of Altenar’s software across Golden Palace terminals will put the operator in more direct competition with Ladbrokes, one of the favourites of retail sports bettors in Belgium.
“It’s good recognition for Altenar that Golden Palace, a land-based operator established as far back as 1960, believes that software from Altenar can help them compete in the retail sports betting market. We knew when we started working with Golden Palace on the online side five years ago that they had a strong land-based casino operation and some betting shops,” Stranomitis said.
“It was always an opportunity that Altenar could provide the sportsbook to their terminals. The fact that Golden Palace chose Altenar for terminals is a sign that it works very well online,” he added.
He points towards the difficulties that the retail betting industry is facing in this current pandemic situation and said: “The terminal business is huge, but of course the online and mobile side of things is growing faster. It might appear that the timing is not the best but there is huge potential.”
“We believe that lots of companies want to provide the same extensive sports betting offering across online and retail, which is where the Altenar software comes in – an omnichannel system where one communicates with the other,” he added.
This dual approach will be important to Golden Palace, as it aims to expand its casino offering with a focus on sports – an extra product that Stranomitis believes will provide more revenue and a better chance of converting players to online.
However, he did urge caution about the immediacy of any significant revenue effect.
“This year we have to be modest about how much the terminals will produce. The point is to be ready when everything goes back to normal,” Stranomitis said.
“It is a step forward in our partnership with Golden Palace. They are well placed in Belgium with Dutch betting regulation coming in this summer and other neighbouring countries they are interested in entering, so there is massive potential for the partnership,” he concluded.
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: Golden Palace Selects Altenar’s Sportsbook Software for its Terminals
Latest News
Everygame Casino Introduces New Rudolph Unleashed Christmas Slot Game
Everygame Casino has just introduced a brand-new Christmas game and a new crash game. With 178 chances to win on any spin, Rudolph Unleashed is loaded with features for wintertime wins. Ripcord Rush is a multiplayer crash game where players try to cash out before their parachute randomly opens.
Santa’s favorite reindeer is causing mayhem in Rudolph Unleashed. Santa Scatters can trigger a re-spin feature with Santas held in place. Rudolph symbols on the last reel can trigger the Moving Wild feature. With every spin, Rudolph shifts one reel left and keeps giving another re-spin until he reaches the first reel. When Rudolph and at least one Scatter appear, the Chasing Wild feature comes to life. Rudolph chases and replaces Santa Scatters all over the board, leaving Wilds in his wake.
Ripcord Rush is a new kind of gambling game with sky-high risks and even higher rewards. Players hop on the plane, place their bet, and prepare to make the leap. The higher they go before they jump, the more they can win – up to 5000X the bet. But wait too long and the bet is lost.
These new games are now available in Everygame’s instant play online casino and in its mobile casino for smartphones and tablets.
There are hundreds of premium real-money online slots and table games to choose from at Everygame Casino, one of the most trusted online casinos in the world. Friendly and knowledgeable customer service agents make sure that everyone enjoys themselves, and generous bonus offers give plenty of free play time.
The post Everygame Casino Introduces New Rudolph Unleashed Christmas Slot Game appeared first on European Gaming Industry News.
Latest News
Everygame Casino Introduces New Rudolph Unleased Christmas Slot Game
Everygame Casino has just introduced a brand-new Christmas game and a new crash game. With 178 chances to win on any spin, Rudolph Unleashed is loaded with features for wintertime wins. Ripcord Rush is a multiplayer crash game where players try to cash out before their parachute randomly opens.
Santa’s favorite reindeer is causing mayhem in Rudolph Unleashed. Santa Scatters can trigger a re-spin feature with Santas held in place. Rudolph symbols on the last reel can trigger the Moving Wild feature. With every spin, Rudolph shifts one reel left and keeps giving another re-spin until he reaches the first reel. When Rudolph and at least one Scatter appear, the Chasing Wild feature comes to life. Rudolph chases and replaces Santa Scatters all over the board, leaving Wilds in his wake.
Ripcord Rush is a new kind of gambling game with sky-high risks and even higher rewards. Players hop on the plane, place their bet, and prepare to make the leap. The higher they go before they jump, the more they can win – up to 5000X the bet. But wait too long and the bet is lost.
These new games are now available in Everygame’s instant play online casino and in its mobile casino for smartphones and tablets.
There are hundreds of premium real-money online slots and table games to choose from at Everygame Casino, one of the most trusted online casinos in the world. Friendly and knowledgeable customer service agents make sure that everyone enjoys themselves, and generous bonus offers give plenty of free play time.
The post Everygame Casino Introduces New Rudolph Unleased Christmas Slot Game appeared first on European Gaming Industry News.
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Kambi Group plc repurchase of shares during 20 November – 26 November 2024
Kambi Group plc (“Kambi”) has during the period 20 November to 26 November 2024 (the “Buyback Period”) repurchased a total of 50,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).
The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.
During the Buyback Period, Kambi repurchased a total of 50,000 ordinary B shares at a volume-weighted average price of 106.92 SEK. From the beginning of the Programme, which started on 6 November, until and including 26 November 2024, Kambi has repurchased a total of 154,000 ordinary B shares at a volume-weighted average price of 108.17 SEK per share.
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 26 November 2024, Kambi’s holding of its own shares amounted to 154,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.
The post Kambi Group plc repurchase of shares during 20 November – 26 November 2024 appeared first on European Gaming Industry News.
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