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Realistic Games signs content distribution agreement with Microgaming

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realistic-microgaming Realistic Games signs content distribution agreement with MicrogamingReading Time: 2 minutes

 

Award-winning casino content provider Realistic Games is to supply its games to operators integrated into Microgaming’s platform.

The Reading-based studio will provide its fellow supplier with a growing portfolio of both three and five-reel slots.

This agreement will expand Realistic’s territorial reach even further while complementing Microgaming’s existing portfolio of popular and successful games in more than 20 regulated markets worldwide.

Robert Lee, Realistic Games’ commercial director, said the agreement would give it access to a host of new markets and casino brands.

He added: “By signing this agreement not only do we add another tier one supplier to our growing list, but it is also a great opportunity for us to increase our customer reach.

“We can offer them a lot of new and different game types and are very confident we will be able to provide their customers with content that players will enjoy.”

James Buchanan, Director of Global Operations at Microgaming, said: “As a content supplier of choice, we are always on the lookout for high-quality games with standout functionality to deliver premium entertainment to our operators.

“We are thrilled to add new content from Realistic Games to complement our diverse portfolio and look forward to taking their games live on our platform.”

 

About Realistic Games:

Based in Reading, Berkshire, Realistic Games is a leading supplier of high-quality, electronic gaming content to some of the world’s most successful operators. Our technologists, designers and modellers have many years of experience in both the land-based and digital gaming markets. We are passionate about the products we create. The team specialise in creating roulette, blackjack, slots, and fixed odds games tailored to a wide variety of devices, including PCs, iPhones, iPads, Android phones and tablets. The games are fully-hosted on our ReGaL games platform and are accessible to customers through a simple integration. ReGaL first went into production for Stan James in April 2011. Subsequent launches followed with BetVictor, Ladbrokes, bet365, Boylesports, Paddy Power, William Hill, Coral, Gala Bingo, Bede Gaming, Gaming Realms, Daub, Betfair, NYX, Rank, Optima, FSB, Leo Vegas, Vera and John, Betsson, GVC, and The Kindred Group.

About Microgaming:

Microgaming developed the first true online casino in 1994. It has been breaking records, breaking new ground and breaking its back in pursuit of original gaming ever since. Developer of thousands of unique, genre-defining casino, mobile, poker, bingo, land-based and multiplayer games, and a pioneer in virtual and wearable gaming, the software giant hosts the world’s largest progressive jackpot network. Its products include Live Dealer, Sportsbook, Business Solutions and Quickfire. Microgaming is an award winner. A millionaire maker. The father of player protection and responsible gaming. And through Microgaming PlayItForward, it is a pillar of its local community on the Isle of Man.


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: Realistic Games signs content distribution agreement with Microgaming

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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Rise in Staffing Costs Results in Full-year Revenue Loss for Genius Sports

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9-10 Rise in Staffing Costs Results in Full-year Revenue Loss for Genius SportsReading Time: 1 minute

 

Genius Sports Group has posted a loss of £7.6m for the year 2018 despite a 23.9% yearly rise in revenue for the 12-month period.

Revenue for the year ended December 31, 2018, amounted to £65.8m, up from £53.1m in the year 2018. Genius Sports experienced momentous growth in its rest of world business, with revenue up from £200m to £31.3m. UK revenue also climbed from £6.1m to £7.3m, while rest of Europe revenue increased a little from £26.9m to £27.2m.

Though, GS also noted a growth in expenses for the year, with the cost of sales rising 52.4% from £18.4m to £28.0m and administrative expenses up from £23.3m to £29.5m. Hiring more staff costs particularly hit Genius, with this jumping from £22.3m to £29.7m as the business increased its employee numbering from 669 to 901 in the year.

The increased costs drove Genius from an operating profit of £5.9m in 2017 to an operating loss of £4.2m for the full year. Evaluating the results, Regulus Partners said that Genius’s historical pattern of growing revenue at the expense of profitability also need to be changed in order to deliver viable potential.

Market Analyst at Regulus also emphasised Genius’s acquisition of English and Scottish football official betting data from what is now Stats Perform, saying that this is “transformational to Genius and potentially transformational to the betting as well as sports rights sectors.”


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: Rise in Staffing Costs Results in Full-year Revenue Loss for Genius Sports

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Svenska Spel Launches Verisec’s Freja eID Technology

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8-9 Svenska Spel Launches Verisec’s Freja eID TechnologyReading Time: 1 minute

 

Svenska Spel has launched Verisec’s Freja eID to enhance its customer identification process.

The new gambling legislation that came into force on 1 January this year requires gaming companies to use an e-ID for registration of their customers. This is to increase safety and to ensure players’ age and identity. Until now, the customers of Svenska Spel have been referred to a single e-ID but with the introduction of Freja eID is given both greater choice and independence, by not being locked to a specific login method.

“Most companies that digitize their services put considerable resources on good user experience and to eliminate eventual friction for users who want to access the digital service. Thus, not keeping users locked to a specific sign-in solution is an important step. We believe that this is not only positive for the users, we also believe it is a strong competitive factor in that Svenska Spel is the first gaming company with a gaming license that offers its users more than one e-ID,” Johan Henrikson, CEO of Verisec said.


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: Svenska Spel Launches Verisec’s Freja eID Technology

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Trustly Launches its New Product Trustly Live

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7-10 Trustly Launches its New Product Trustly LiveReading Time: 1 minute

 

Online banking payments provider Trustly has launched Trustly Live, the product built specifically for land-based gaming. With the introduction of Trustly Live, Trustly is helping to remove the need for cash at land-based casinos and sportsbooks.

With Trustly Live, players can scan a Trustly QR code with their smartphone and instantly deposit funds from their online bank account. This helps operators to lower cash handling costs while also catering to the preferences of their players. Additionally, Trustly Live can strengthen KYC and AML checks, ultimately helping to enhance the trackability of players and meet increasingly strict regulatory requirements. Trustly Live is currently live with Cherry Spelglädje in 45 locations in Sweden and plans to expand across Europe in the coming months.

“The launch of Trustly Live will help land-based operators thrive in today’s increasingly cashless economies. Cash handling is expensive, unsafe and, frankly, outdated. Consumers are already adopting safer and more convenient ways to pay and Trustly is excited to be bringing innovation to the land-based gaming world by helping operators keep pace with their players’ preferences,” Samuel Barrett, Director of Gaming at Trustly said.


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: Trustly Launches its New Product Trustly Live

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