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Sportech gears up to obtain betting license in Connecticut

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The UK-based gambling and entertainment company Sportech is focusing to obtain sports betting license in the US state of Connecticut. The state is expected to legalise sports betting after the recent changes in betting legislation in the country. The company is pinning its hopes of reversing the mediocre first half performance through a strong start in the USA.

For the record, the company recorded a loss for the first six months. Its pretax loss of GBP602,000 compared with a GBP320,000 pretax loss recorded a year prior. Revenue dipped to GBP31.6 million from GBP33.5 million a year ago.

First half operating loss totalled GBP655,000, compared with an operating profit of GBP708,000.

The widened loss and revenue drop was attributed to absence of gains for currency movements. In the first half of 2017, the company recorded GBP2.3 million gains from exchange rate movements.

The company said it is working “proactively” with constituencies in Connecticut to secure the right to conduct sports betting and become a licensed operator in the state.

“The May 2018 US Supreme Court decision that effectively permitted US states to enact legislation to license and regulate sports betting was very exciting for Sportech,” Chief Executive Officer Andrew Gaughan said.

He added: “In Connecticut, we believe that we will have a strong direct-to-consumer sports betting offering for our brick-and-mortar and web mobile betting services. We also believe that we are very well positioned to offer a competitive integrated sports and race betting solution in other US states.”

Looking ahead, Sportech said it expects further improvements in its Venues unit after adding food and beverages. Meanwhile, one-time sales revenues are expected to be “lower” as the Racing & Digital market in the US shifts from one-time sales contracts to long-term service-based contracts.

 

Source: 5star.media


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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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Accelerating Growth: REEVO Integrates High-Caliber Content by YOriginal Games

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REEVO, the next-generation B2B games provider and aggregation platform, is thrilled to announce its latest partnership with YOriginal Games, a cutting-edge game studio known for its fast-paced, high-converting casino content.

This partnership brings YOriginal’s top-performing titles including fan favorites like CrashPlinkoDice, and Limbo to REEVO’s robust aggregation platform, further expanding the company’s content offering with high-velocity, action-driven gameplay that resonates with next-gen audiences.

As part of REEVO’s mission to continuously deliver innovative, customizable content that helps partners grow, this collaboration highlights the power of REEVO’s agile integration and deep market reach.

“Partnering with YOriginal is a natural fit for REEVO as we continue to raise the bar for content excellence,” said Daniel Cuc, Head of Account Management at REEVO. “Their portfolio is a magnet for players who crave action and instant engagement. With our platform’s flexibility and speed-to-market, we’re empowering operators to unlock new levels of performance and this partnership is just the start.”

YOriginal’s CEO, Kirill Bykov, echoed the excitement: “We’re truly excited to go live with REEVO an outstanding partner with a sharp product and strong reach. Their platform is a perfect match for our fast, high-performing games. Together, we’re delivering fully customized content to markets that love action. This is just the beginning.”

With dozens of new titles launched monthly, REEVO continues to evolve as one of the most dynamic content platforms in the industry offering operators seamless access to bold, differentiated games that win.

The post Accelerating Growth: REEVO Integrates High-Caliber Content by YOriginal Games appeared first on European Gaming Industry News.

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ZITRO DIGITAL CONTENT LAUNCHES ON GAMES GLOBAL AGGREGATION PLATFORM, GAMES GLOBAL PLUS

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Partnering with Games Global marks a significant milestone in Zitro Digital’s global expansion strategy.

Zitro Digital, the online division of global gaming powerhouse Zitro, has announced a strategic partnership with Games Global, a leading supplier of iGaming content, to distribute its digital portfolio through Games Global Plus.

This partnership will introduce a curated selection of Zitro Digital’s most popular game titles—adapted from its successful land-based offerings—including the ‘Legendary Sword’, ‘Fu Frog’, ‘Link King’ and ‘Link Me’ series, among others, into Games Global’s extensive network of operators across multiple regulated markets.

Andy Booth, Chief Product Officer at Games Global, commented: “Welcoming Zitro Digital to Games Global marks an exciting step forward. This partnership represents not only a significant expansion of our aggregated content offering but also aligns with our vision of expanding our network of innovative partners that are shaping the future of iGaming.

Zitro’s proven success in land-based gaming, now translated into the digital space, brings fresh momentum to our portfolio. We look forward to growing together and delivering exceptional experiences to players around the world.”

Jose Javier Marti, COO at Zitro Digital, added: “Partnering with Games Global is a significant step in our digital growth strategy. Their world-class aggregation platform perfectly showcases Zitro’s distinctive game portfolio, allowing us to accelerate our global reach and bring our proven titles to new audiences. We’re confident this collaboration will deliver exceptional value for both companies and the operators we serve”.

 

The post ZITRO DIGITAL CONTENT LAUNCHES ON GAMES GLOBAL AGGREGATION PLATFORM, GAMES GLOBAL PLUS appeared first on European Gaming Industry News.

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Online casino players can now step into frosty wins with FBMDS’ Arctic Jumper new crash game

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FBMDS proudly announces the release of Arctic Jumper, the second title in its Momentum Series of crash games.

Following the successful debut of Magical Garden, this new release continues the series’ focus on dynamic gameplay, configurable mechanics, and engaging visual storytelling — all optimized for seamless cross-platform performance.

In Arctic Jumper, players join Snowball, a brave penguin on a mission to recover his lost glacier. Each round invites players into a frosty world of risk and reward, where the multiplier climbs higher with every moment, and the challenge is to cash out before the crash.

With visually captivating graphics, smooth animations, and immersive environments, Arctic Jumper offers a refreshing twist on the traditional crash experience. In terms of features, the Momentum Series offers players an immersive gaming experience, based on:

  • Single crash base game with high-paced action;
  • Stunning visuals and charming arctic narrative;
  • Manual and auto-bet functionalities for customized play;
  • Auto cashout option for strategic wagering;
  • Dual bet system – place up to two simultaneous bets;
  • Configurable maximum multiplier: 100x to 1000x;
  • Optimized for Desktop, Tablet, and Mobile;
  • RTP: 97.00%

Whether players prefer full control with manual bets or hands-off efficiency with auto-play and auto cashout, Arctic Jumper provides a smooth and intuitive interface. The Momentum Series is designed to balance simplicity and depth, giving operators a competitive edge in the evolving crash category.

As the second title of Momentum Series, Arctic Jumper continues the FBMDS mission to offer flexible, engaging, and mobile-friendly crash titles tailored to different player profiles, from casual gamers to high-risk strategists. Contact FBMDS to add this product to your portfolio today!

 

The post Online casino players can now step into frosty wins with FBMDS’ Arctic Jumper new crash game appeared first on European Gaming Industry News.

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