Connect with us

Latest News

Scientific Games Expands Digital Lottery Footprint with More eInstant Game Launches in Hungary

Published

on

Scientific Games Expands Digital Lottery Footprint with More eInstant Game Launches in Hungary
Scientific Games Expands Digital Lottery Footprint with More eInstant Game Launches in HungaryReading Time: < 1 minute

 

Scientific Games has launched a range of new eInstant games for Hungarian National Lottery operator Szerencsejáték.

The launch in Hungary expands Scientific Games’ digital lottery footprint to nearly 30 U.S. and international lotteries.

Szerencsejáték is one of the fastest-growing lotteries in Europe, with digital sales increasing 58% from 2018 to 2020 through collaboration with Scientific Games, and combined retail and digital sales increasing 17% from 2018 to 2020. Scientific Games also provides the Lottery with a sports betting programme, central gaming system and retail technology.

“Scientific Games is an important partner in our modernization efforts. The launch of our eInstant program last year has contributed to year-over-year growth. Our players are enjoying all of the new eInstant games, and we look forward to offering additional games throughout 2021 as part of our future sustainability and growth,” Gergely Koppány, Director of Game Development and Strategy at Szerencsejáték, said.

“We are excited to support Szerencsejáték’s modernization and financial goals with the continued launch of digital lottery games. Hungary is a great example out our retail and digital technologies successfully serving all game verticals including sports. Our agile gaming system and digital platform make it easy to continue adding a wide variety of new game entertainment for player enjoyment,” Christian Kometer, Managing Director of International Lottery Systems at Scientific Games, said.

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.

Continue Reading
Advertisement
European Gaming Virtual Quarterly Meetups
Click to comment

Notice: Undefined variable: user_ID in /home/eegaming/public_html/wp-content/themes/zox-news/comments.php on line 49

You must be logged in to post a comment Login

Latest News

Gaming Realms Signs Licensing Agreement with Pragmatic Play

Published

on

Gaming Realms Signs Licensing Agreement with Pragmatic Play
Gaming Realms Signs Licensing Agreement with Pragmatic PlayReading Time: < 1 minute

 

Gaming Realms has signed a licensing agreement with Pragmatic Play to produce Pragmatic Play-themed Slingo games.

Under the terms of the agreement, Gaming Realms is to license market-leading brands from Pragmatic Play’s expansive game portfolio, including Sweet Bonanza and Wolf Gold, to create Slingo games.

Michael Buckley, executive chairman of Gaming Realms, said: “This licensing partnership with Pragmatic Play opens up a range of cross-sell benefits to both parties. The collaboration between two organisations with a key focus on content innovation in the digital space is truly exciting.

“Pragmatic Play creates engaging and immersive gaming content that fits perfectly with Slingo; we’re hoping this announcement should excite both operators and players.”

Yossi Barzely, chief business development officer at Pragmatic Play, said: “Creating memorable gaming experiences is a priority for us and Gaming Realms has an excellent reputation through its Slingo portfolio.

“We have an extremely positive feeling about the potential for Pragmatic Play-themed Slingo games and are eager to see this partnership realise its potential.”

Continue Reading

Latest News

Betway and Surrey CCC announce partnership

Published

on

Betway and Surrey CCC announce partnership
Betway and Surrey CCC announce partnershipReading Time: 2 minutes

 

Global online betting and gaming company Betway and Surrey County Cricket Club are proud to announce their new partnership agreement.

As one of the leading counties in English cricket, Surrey showcases some of the best international and English cricket talent at the globally renowned Kia Oval. Producing the likes of Rory Burns, Ollie Pope and Jason Roy, this announcement will see Betway gain access to Surrey CCC talent.

The agreement will also see venue branding at all domestic and international matches, as well as the bookmaker’s logo on all Vitality T20 Blast shirts.

Joining Betway’s impressive cricket portfolio which already includes Cricket South Africa, Cricket West Indies and Kevin Pietersen, this announcement solidifies the brand’s status as the leading online bookmaker within cricket globally.

Anthony Werkman, CEO of Betway said: “We are extremely happy to be announcing our partnership with the Surrey County Cricket Club. It enforces our continued commitment to cricket and we can’t wait to watch the team compete in the Vitality T20 Blast, LV= Insurance County Championship and Royal London One Day Cup.”

Kevin Pietersen, Brand Ambassador for Betway said: “It’s great to see Betway and my old county Surrey going into partnership. I had a great time at the Oval. The atmosphere there is fantastic and always helps to make the cricket an exciting spectacle.

“Surrey are competing for three different county titles, as well as hosting the fourth match of a blockbuster Test series between England and India. It looks set to be a memorable summer of cricket.”

George Hampson, Head of Corporate Sales at Surrey County Cricket Club and The Kia Oval, said: “As we look forward to a hugely exciting season at The Kia Oval we’re very happy to be partnering with Betway, one of the UK’s most exciting and innovative betting companies.”

Continue Reading

Latest News

Star Entertainment Submits Proposal to Merge with Crown Resorts

Published

on

Star Entertainment Submits Proposal to Merge with Crown Resorts
Star Entertainment Submits Proposal to Merge with Crown ResortsReading Time: 2 minutes

 

Australia’s Star Entertainment Group has submitted a conditional, non-binding, indicative proposal to merge with Crown Resorts.

According to details released via the ASX, the proposal values Crown’s shares in excess of AU$14 per share – exceeding the value put forward by competing bids in recent weeks which value Crown at closer to AU$12 per share.

Those competing bids include a revised offer from American multinational private equity and hedge fund giant The Blackstone Group, received over the weekend, which increases its bid from an original AU$11.85 per share to AU$12.35 per share.

US global asset management firm Oaktree Capital Management L.P. has also proposed a AU$3 billion offer to acquire the 37% stake in Crown currently held by James Packer’s Consolidated Press Holdings.

However, Star has outlined its case for a merger, with the offer representing a share exchange ratio of 2.68 The Star shares per Crown share with a cash alternative of AU$12.50 per Crown share for up to 25% of Crown’s issued share capital.

“Based on recent trading values of The Star and the substantial value that would be unlocked by a merger, The Star estimates its pro forma share price to be more than AU$5 per share, implying potential value of the Scrip Consideration in excess of AU$14 per Crown share,” it said.

The Star said it believes a merger represents a “compelling value proposition for all shareholders by creating a national tourism and entertainment leader with a world-class portfolio of integrated resorts with enhanced scale and geographic earnings diversification, significant balance sheet strength and free cash flow generation.”

It would also allow for AU$150 million to AU$200 million in cost synergies per annum with an estimated net value of AU$2 billion.

“A merger of The Star and Crown would result in significant scale and diversification and unlock an estimated AU$2 billion in net value from synergies,” Star Chairman John O’Neill said.

“With a portfolio of world-class properties across four states in Australia’s most attractive and populated catchment areas and tourism hubs, the combined group would be a compelling investment proposition and one of the largest and most attractive integrated resort operators in the Asia Pacific region.”

According to Star, a merger would also open the door for potential sale and leaseback opportunities on some of the group’s enhanced property portfolio – leaving the door open for the likes of Blackstone and Oaktree to acquire assets in the future.

Crown said it has not yet formed a view on the merits of the proposal and will commence an assessment process on its merits.

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.