Latest News
Catena Media Updates COVID-19 Impact

Reading Time: 2 minutes
Catena Media has provided an update on the impact of COVID-19 on its business. The company has implemented several measures to mitigate any financial or operational impact and to ensure the well-being, safety and security of its employees and partners.
A majority of the company’s revenues, 59% in January and February 2020, were generated from the Casino segment. The segment has continued to perform well in March, with traffic being higher than average traffic in January and February 2020. Catena Media expects a continued positive development within the Casino segment during the second quarter.
A total of 35% of the revenues in January and February 2020 are generated from the Sports segment. Due to the halt of several sports leagues, and postponement of major events across the globe, Catena Media is working closely with key operators to promote Sports events that are still running. To mitigate the shortfall in Sports revenue, the focus is to increase the Casino business by converting traffic from a number of sports-related sites into Casino revenue and holding back on low-margin media spend.
In January and February, 5% of the revenues were generated from the Financial Services segment, which currently sees a positive traffic trend.
“The world is facing an unusual and challenging situation due to COVID-19. Catena Media’s largest business segment, Casino, represented 73% of EBITDA during January and February, is performing well and shows a positive development under the current circumstances. Several sport events have been cancelled or postponed, and it is uncertain for how long this will last, but we are holding back on costs and finding alternative revenue streams for the Sport segment. Provided that the sports events start up after the summer break, our target remains unchanged, to reach double-digit profitable growth in 2020,” Per Hellberg, CEO of Catena Media, 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: Catena Media Updates COVID-19 Impact
Latest News
SimplePlay Announces Strategic Partnership with Timeless Tech
Reading Time: < 1 minute
SimplePlay is delighted to announce its recent partnership with Timeless Tech, a leading game aggregator. This alliance will integrate SimplePlay’s suite of games and services into Timeless Tech’s powerful platform, significantly expanding the provider’s reach in key international markets.
As SimplePlay continues to establish itself as a comprehensive game provider, this collaboration will enhance its rich portfolio of premium games through Timeless Tech’s Game Aggregator API. This partnership aims to strengthen SimplePlay’s position and expand its reach in markets like Europe and Latin America.
“We’re delighted to welcome SimplePlay to our aggregator – a provider that represents creativity, reliability, and depth. Their combination of slots, crash, table, and fishing games perfectly complements our goal to deliver diverse, high-performing content to operators worldwide. This partnership highlights what Timeless Tech stands for: building meaningful alliances that empower growth, quality, and innovation.” –– Nicola Cainero, Chief Operating Officer, Timeless Tech
“The new partnership with Timeless Tech is definitely a win-win agreement that fosters mutual growth for both sides,” said Osman Walker, CSO of SimplePlay. “We look forward to bringing our premium gaming content to even more operators and players through Timeless Tech’s extensive network.”
With SimplePlay’s games and Timeless Tech’s distribution network, these two industry powerhouses are set to deliver top-tier game content to players around the world, driving mutual growth and success.
The post SimplePlay Announces Strategic Partnership with Timeless Tech appeared first on European Gaming Industry News.
Latest News
Mindway AI Partners with ATG to Enhance Responsible Gambling with GameScanner
Reading Time: < 1 minute
The post Mindway AI Partners with ATG to Enhance Responsible Gambling with GameScanner appeared first on European Gaming Industry News.
Latest News
Climb Kong’s Jungle Tower to reach epic wins
Reading Time: 2 minutes
Red Papaya’s debut slot combines feature rich gameplay with an adventurous theme, cinematic visuals and big sound
Players are being told to brace themselves for an expedition into uncharted territory in Kong’s Jungle Tower, the debut slot from Red Papaya, which is powered by Microgaming.
This is a slot where fortunes are found hidden within a forgotten temple, deep within the jungle. It’s been designed to deliver an immersive audio and visual experience – this includes sound cues from Kong which help to build anticipation and then intensify as the features get closer.
Kong’s roar builds up and sounds like he’s getting closer while the reels begin to shake and ignite with fiery effects, creating the sense that a big, thunderous win is about to land.
The Cash Collect slot sees players helped on their adventure by several features, including the legendary Jungle Tower which includes 15 Cash Prizes to be won.
Then there are Monkey Coins that sweep across the reels, gathering instant treasures and unlocking the mightiest prizes from the summit of the tower.
When a Kong symbol lands without a Collect symbol, it adds a Multiplier to one of the Jungle Tower values. This is a sort of consolation prize for the player and means that Kong never leaves them empty handed – instead, he helps players power up with Multipliers so that when Kong and Collect do land, the win is Multiplied.
Up to five Kong symbols can land on reel three in a single spin, with each boosting the Multiplier value. Multipliers are then applied to the awarded values when they are collected.
So what about those monkeys?
Red Monkey Coins land one reels one, two, four and five and randomly collect a Jackpot value from the Jungle Tower when at least one Kong symbol appears on the same spin.
Blue Monkey Coins, which also appear on reels one, two, four and five, randomly collect a Cash value from the Jungle Tower when at least one Kong symbol appears in the same spin.
Even when the reels fall silent, Kong’s adventurous spirit electrifies the Tower with multipliers, charging up Cash Prizes for spectacular wins.
But that’s not all. Three Bonus Symbols trigger eight Free Spins. Once activated, the reels increase to a 5×5 setup for even more win opportunities – the base game offers 720 bi-directional ways and increases to 3,125 ways.
As the Free Spins play out, three Bonus Symbols will award eight additional Free Spins while two Bonus Symbols will grant three more Free Games.
Kong’s Jungle Tower is a high volatility game and comes with two RTP options of 96% and 94%.
Madelein Ozok, Head of Studio at Red Papaya said: “This is a slot packed with thrilling visuals, adventurous soundscapes and Kong leading the charge towards big wins.
“Kong’s Jungle Tower has been designed to deliver an expedition of epic proportions, with those Cash and Jackpot prizes always within reach of the red and blue monkeys.
“This is our debut slot and really sets the tone for what players can expect from Red Papaya.”
Red Papaya made its debut earlier this month and is set to disrupt the online slot market with games that blend creativity, features and data to deliver edge-of-the-seat experiences that captivate players around the world.
For more information and to play the Kong’s Jungle Tower demo, visit our brand new website https://microgaming.io/
The post Climb Kong’s Jungle Tower to reach epic wins appeared first on European Gaming Industry News.
-
Latest News3 months ago
Duels for Friends in Trophy Hunter. Invite your friends and create a shared space for fun and competition.
-
Latest News2 months ago
Announcement: 25th September 2025
-
Latest News3 months ago
Flamez – A Fiery New Online Casino Contender from Ganadu
-
Latest News2 months ago
GR8 Tech’s Bet It Drives Wraps Season 1 with Stephen Crystal—From Las Vegas Legends to Global Gaming Leadership
-
Latest News2 months ago
AI-Powered Gamification Arrives on Vegangster Platform via Smartico
-
Latest News2 months ago
The Countdown is On: Less Than 3 Months to Go Until The Games of The Future 2025 Kicks Off in Abu Dhabi
-
Latest News3 weeks ago
JioBLAST Launches All Stars vs India powered by Campa Energy: A New Era of Creator-Driven Esports Entertainment
-
Latest News2 months ago
Adidas Arena Set to Welcome the 2026 Six Invitational




You must be logged in to post a comment Login