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Major investment in Singular by Vereeni Investments initiates new projects and expansion plans
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Venture capital fund, Vereeni Investments, has announced a major investment deal in Singular, a multiple award-nominated end-to-end platform and iGaming software solutions provider.
Vereeni Investments has acquired 20% of the company for an initial consideration of €5 million, with the potential for this to increase after 13 months based on future performance.
The decision to invest comes after a thorough search for an innovative company within the online betting industry. Singular’s potential for exponential growth is set to further boost Vereeni’s portfolio, while Singular stands to benefit from the wealth of shared knowledge and experience within Vereeni’s existing investment ecosystem.
Singular joins Vereeni Investments’ newly unveiled €100 million tech fund ‘Level Up’, along with a host of promising international early stage ventures within the fintech, media, iGaming, business intelligence, software development, crypto and blockchain verticals.
Vereeni’s curated investment ecosystem opens further expansion opportunities for Singular, as well as opportunities for additional operational investments that will be fuelled by the provider’s unique technology.
Singular offers a full range of products across all verticals, including a comprehensive gaming platform, sportsbook, games, retail and omni-channel solutions.
The company upgrades its products through a continuous release of new features, always staying one step ahead of the industry. This consistent drive for development substantially influenced Vereeni Investments’ decision to pursue its investment in Singular.
Timothy John Heath, Founding Partner, Vereeni Investments, said: “We’re delighted to partner with and help to further develop Singular. Their approach to continual business development and commitment to being innovators within their field makes them a perfect fit for our diverse investment ecosystem.
“Singular’s extensive software solutions offer significant value to our portfolio, which has already begun strengthening their position with the experience, network and tools freely available within ‘Level Up’.”
“Vereeni Investments has vast experience of investing in up-and-coming opportunities through acquisitions, joint ventures or the development of operations. The venture capital fund strives to accelerate the potential of each investment by utilising the portfolio’s united insights, network and access to strategic capital. All companies involved with the fund share a commonality of proven success and a reputation as innovators within their respective fields,” Heath added.
Darko Gacov, Chairman of the Board of Directors, Singular, said: “We are more than pleased to welcome a new shareholding partner with such a strong investment network and expertise in the industry. What makes this partnership such a good fit is the substantial experience both companies have in complementary fields.
“The partnership has the potential to further expand Singular’s presence, not only geographically, but also in new industry directions. As a result of this partnership we are already looking at three major new clients in different regions that will be powered by Singular’s technology.
About Singular:
Singular is a software development company that operates in iGaming and FinTech industries, with offices in Malta, UK, Macedonia and Georgia. Singular offers full range of products in all verticals, including outstanding Gaming Platform, Sportsbook, Poker, Casino Games, Skill games, Retail and Omnichannel solutions.
Source: Latest News on European Gaming Media Network
Latest News
Unwrap a flurry of festive wins in Chessmas by Swintt’s Elysium Studios
New board-game based entry in the Elysium Studios – Driven by Swintt line-up sees tactics meet tinsel as players get into the holiday spirit with big wins of up to 9,021x
We all know nothing beats a good board game over the holiday period – so to help players get into the competitive spirit this Christmas, Elysium Studios has created a cracking new Chessmas slot where making the perfect play could result in a flurry of festive wins.
Taking place in the cosy confines of Santa’s workshop, Chessmas features an expanded 5×5 reel set with 15 fixed paylines and is designed to look like a classic chess board. Symbols to feature in the game include reindeers, snowmen, sleighs and Mrs Claus, with each of these icons taking on the characteristics of a corresponding chess piece when its wild modifier has been activated.
At the start each round, a special “Christmas Reel” to the left of the board will spin to reveal either a win multiplier or a symbol to become wild. In the latter case, any instances of the selected symbol will expand in a pattern that mimics the actions of a particular chess piece – with reindeers moving in an L shape, snowmen spreading diagonally and sleighs copying horizontally.
Mrs Claus understandably acts as the queen piece and will not only move in any direction to complete the biggest win possible, but also rewards players with three free respins. “But what of Santa himself?” you might ask – fear not, for he also appears to trigger the game’s bonus feature.
Activated whenever Jolly St. Nick arrives on reels one, three and five simultaneously, players will be transported to a Christmas-themed board game and awarded between four and eight rolls of the dice. Each roll they make will see Santa travel around the board and land on spaces containing multipliers, win multipliers and extra turns, with all payouts accumulating as they go.
Should they not wish to wait to trigger this exciting extra from the base game, players also have the option to use the “Buy” button to enter the bonus directly, but either way it’s a feature that has the potential to award big prizes in addition to the slot’s already impressive 9,021x maximum win.
David Mann, Chief Executive Officer at Swintt, said: “Whether you’ve been naughty or nice this year, Chessmas – our new festive-themed from Elysium Studios – has all the right ingredients to get you into the holiday spirit. Featuring expanding wilds and an exciting, board-game based bonus feature, it’s a Christmas cracker that we’re sure all players are going to love!”
The post Unwrap a flurry of festive wins in Chessmas by Swintt’s Elysium Studios appeared first on European Gaming Industry News.
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Ring in the Holidays with 1spin4win’s New Year Prize Rush network promotion
The holiday season is about to get even more exciting with 1spin4win’s brand-new “New Year Prize Rush” network promotion, featuring a €20,000 prize pool.
Running from December 20, 2024, to January 6, 2025, this 1spin4win festive event offers players the chance to win part of the €20,000 prize pool, with 515 cash prizes spread across 11 1spin4win games. Players can claim as many prizes as they like throughout the promotion.
The “New Year Prize Rush” is designed to spark excitement, attract new players, and increase player engagement during the holiday season. The generous prize pool and festive atmosphere are sure to boost GGR and betting volume, encouraging players to keep spinning for more. With holiday cheer at the heart of the promotion, operators can also enhance their brand image and foster stronger connections with their players.
Thanks to 1spin4win’s automatic setup, operators can effortlessly run this holiday-themed event. Prizes are credited directly to players’ accounts, requiring no extra configuration and ensuring smooth operations while maximizing player participation and engagement.
Olga Hlukhovskaya, Head of the Account Management Division at 1spin4win, said, “We really wanted to capture the magic of the holiday season. That’s why we created two brand-new games, Classic Christmas and Christmas Gems, specifically for this promotion. We hope these festive games bring extra joy to our players and make the ‘New Year Prize Rush’ an experience they’ll enjoy and remember.”
Players can dive into the holiday spirit with 11 specially selected 1spin4win games, packed with festive fun and big rewards as part of the “New Year Prize Rush” promotion.
- Classic Christmas (coming soon)
- Christmas Gems (coming soon)
- Fruity Christmas
- Lucky Christmas 243
- Lucky Eve 100
- Lucky Xmas 20
- Northern Gold Rush
- Lucky Snowlight
- Lucky Gold Miner
- Cash The Gold
- Hold the Gold
This year, two new holiday-themed games, Classic Christmas and Christmas Gems, take center stage in the promotion, offering a festive experience and the beloved Hold and Win mechanic. Classic Christmas captures the charm of the traditional land-based slot machines, while Christmas Gems dazzles with sparkling rewards. All games, including these two new releases, are compatible with both fiat and cryptocurrencies, allowing players from all over the world to join in the holiday fun.
For further details or inquiries, please contact the dedicated 1spin4win Account Manager or Olga Hlukhovskaya, Head of Account Management Division at 1spin4win, at [email protected].
Find out more about 1spin4win’s promotional tools for online casinos here.
About 1spin4win
1spin4win is a fast-growing game provider founded in May 2021 by ambitious developers with over 15 years of experience in the gambling industry. Since its inception, the company has expanded its portfolio to include over 100 classic online slots, all characterized by quality mathematics, transparent mechanics, and well-balanced gameplay — key factors that drive strong player retention. The studio consistently releases an average of three new games each month and offers effective promotional tools for casino operators to help them enhance player loyalty.
The post Ring in the Holidays with 1spin4win’s New Year Prize Rush network promotion appeared first on European Gaming Industry News.
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Blask enhances iGaming analytics with daily historical data for informed decision-making
Blask, the iGaming analytics ecosystem, has announced a new update to its services: the introduction of daily historical data analysis extending back to 2017. This advancement offers gaming operators exceptional precision in tracking and optimizing market performance.
Previously, Blask users were limited to monthly aggregate views of key metrics like the Blask Index and Relative Market Share, especially for data prior to 2021. This limitation posed challenges in navigating and planning within the market. The new daily data granularity allows organizations to make more informed decisions based on comprehensive and accurate information, moving beyond monthly approximations that might overlook critical market movements.
“This enhancement transforms how operators can evaluate their sponsorship effectiveness and marketing investments,” stated George Gajevskiy, Chief Product Officer of Blask. “By providing detailed daily historical data, we’re enabling our partners to optimize their marketing strategies more precisely than ever before.”
Blask’s AI technology has advanced its data analysis capabilities, enabling the processing and interpretation of vast amounts of historical data with remarkable precision. This technological leap enhances the platform’s ability to provide granular insights, particularly during events like the Indian Premier League (IPL), the Olympic Games, or the World Cup, where market dynamics can shift dramatically within hours.
The system leverages advanced machine learning algorithms and big data analytics to process extensive brand presence data, delivering reliable market intelligence through:
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Real-time monitoring of market fluctuations and peak playing hours
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Long-term trend analysis and seasonal pattern identification
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Competitive positioning and market share tracking
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Player engagement and retention metrics
Blask’s AI modeling ensures highly accurate analysis of historical data, setting a new industry standard for precision and accessibility in iGaming analytics.
The new feature is accessible when users select a date range of up to 90 days. For date ranges exceeding three months, the system automatically adjusts to display metrics in monthly intervals, ensuring optimal performance and data visualization while maintaining comprehensive trend analysis capabilities. This adaptive display mechanism allows users to balance between detailed daily insights for shorter periods and broader trend analysis for extended timeframes.
Blask has consistently been a game-changer in the iGaming analytics space, allowing operators to stay ahead of the competition with real-time data. With the introduction of daily granularity for long-term data, users can delve deeper into the dynamics of the Blask Index and Relative Market Share over extended periods. This feature enables analyzing trends day-by-day over months or even years, providing unparalleled precision and flexibility.
The post Blask enhances iGaming analytics with daily historical data for informed decision-making appeared first on European Gaming Industry News.
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