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Stats Perform co-founder launches social gaming disruptor PickGuru with £2.6m investment round back by leading angels including Paddy Power.

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PickGuru, a brand new social gaming platform, has secured £2.6m in seed funding in their quest to revolutionise the interaction between real-money wagering and live sport. The new platform will allow friends and fans to challenge each other in a wide variety of exciting sports prediction games.

With a concept built and refined by some of the most successful sports entrepreneurs in the UK, PickGuru will allow users to test their knowledge to win big cash pots for small stakes in nationwide leagues or compete with their friends in mini-leagues. Powered by seamless real-time data feeds, PickGuru leaderboards will update dynamically as games progress and reward successful sports gurus with cash prizes.

The funding round will be used to launch and scale PickGuru, set for early 2022.

PickGuru is headed by an experienced founding team including Oliver Slipper (co-founder of Stats Perform/DAZN), Paul Cobley (founder of Matulo Software), Paul Watkins (ex-FP&A director at Stats Perform/DAZN, ex-finance director at Sportquake), Jon Owen and Jon Youell (founders of Pitch International) and Adam Perrin (co-founder of Masomo Games, ex-brand director at Paddy Power).

What began as a competition amongst friends is now set to change the way fans interact with live sports forever. As told by PickGuru’s founders, the platform’s origins started as a manual spreadsheet-based tipping competition which was shared with friends and colleagues during the 2020 Masters tournament. After the game spread across the UK and became a viral sensation, the idea for a new and innovative platform to bring sports fanatics together was born.

PickGuru, is currently looking to fill 10 roles across development, compliance and marketing with a view to recruit a further 20 roles over the next 12 months.

Speaking about the latest fund raise, Oliver Slipper, chairman and co-founder of PickGuru, said: “I certainly didn’t expect things to take off less than a year after sending out a simple game to friends but the massive popularity of it convinced me that I was onto something.

“Following months of hard graft and huge investment, we’re proud to be building the first UK-focused platform that uniquely combines elements of fantasy sports, gaming and live action, and strongly believe users will love the result.”

He continued: “I’m delighted that some of the most successful sports entrepreneurs shared our vision and I thank them for backing our ambitious plans for the business.”

Following a £6m pre-money valuation, PickGuru brought together a list of angel investors including Paddy Power (ex-communications director, Paddy Power), Simon Wear (founder and chairman of Global Cycling Network), Oliver and Alexander Kent-Braham (founders of recent unicorn, Marshmallow) and Will Neale (founder of Grabyo).

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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Introducing Tower Rush – The latest Turbo Game Release by Galaxsys

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Galaxsys, a leading game studio in the gaming industry, is thrilled to announce the launch of its latest turbo game, Tower Rush. The game offers players a thrilling gaming experience with its innovative gameplay mechanics and exciting bonus features.

The Procedure of Conducting the Game and the Winning Options

Tower Rush challenges players to strategically place building floors on top of each other, aiming to achieve the highest possible odds. With limitless potential for stacking floors, players can create an endless chain of structures while avoiding collapses. Successfully placing a floor results in winning corresponding odds, while a collapse leads to a loss.

The Procedure of Making Bets in the Game

To start the game, players specify their bet amount and press the “Build” button. Floors are dropped from above, and successful placement results in winnings. Players have the option to cash out or continue building. Multiple successful placements increase winnings exponentially, while a collapse allows players to start a new round.

About the Game:
In Tower Rush, the goal is to avoid collapses and secure wins by successfully placing each floor. When players successfully place the floor, the winning odds for each new floor will be multiplied by one another, and upon cashing out, the bet amount will be multiplied by this cumulative odds value.

Main Highlights:

  • Up to 3 Unique Bonus Floors: In the game, there are three different ways to receive bonuses: Frozen Floor, Temple Floor, and Triple Build.
  • Unique Game Concept: Tower Rush introduces an original gameplay concept that sets it apart in the iGaming industry.
  • Dynamic Animations: As we put player satisfaction at the heart of all the design decisions, the game is designed in a way that is the most convenient for the players, both visually and functionally.
  • Bonus Systems: FreeBet and FreeAmount promotional tools provide an option to reward bonuses to the players, with the terms set by the operator.
  • Provable Fairness: We only use the most reliable and high-end Random Number Generator technologies to ensure true randomness.

Tower Rush is a unique turbo game, offering players up to three unique bonus floors, an original gameplay concept, dynamic animations prioritizing player satisfaction, and an advanced bonus system, all backed by provable fairness and latest innovation technologies.

For more information about the game please visit galaxsys.co/

 

The post Introducing Tower Rush – The latest Turbo Game Release by Galaxsys appeared first on European Gaming Industry News.

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MGA Games presents Rainbow Gold Fortunes, a slot inspired by traditional Irish culture

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MGA Games, a leader in localised casino games for the iGaming industry, unveils a world of colour, excitement and riches in Rainbow Gold Fortunes, a casino game that immerses players in the essence of Irish culture. Starring a friendly Irish leprechaun, this new slot is filled with symbols typical of Irish culture, such as shamrocks, tankards, Celtic runes, pipes and mushrooms. Plus, traditional Irish music adds to the immersive experience.

This slot incorporates a 5×3 format with 20 paylines. Each win in the main game unleashes an explosion of excitement, replacing symbols and multiplying wins. Scatter symbols unlock access to the Free Spins screen, with even more powerful multipliers. Moreover, Rainbow Gold Fortunes features the exciting Cauldrons mini-game, which is accessed by landing three or more Bonus symbols in the main game. In this mini-game, 5 cauldrons filled with gold appear. The player must select cauldrons until all of them have been selected or Exit appears. The final prize is the sum of the accumulated prizes.

In MGA Games’ new release, the magic of Ireland and the excitement of a casino combine to deliver a unique, high-retention player experience with a variety of winning opportunities, whether in the main game, the Free Spins screen or its exciting mini-game.

The post MGA Games presents Rainbow Gold Fortunes, a slot inspired by traditional Irish culture appeared first on European Gaming Industry News.

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Kambi Group plc publishes 2023 Annual Report and Accounts

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Kambi Group plc, the world’s trusted sports betting partner, has today published its 2023 Annual Report and Accounts

This can be downloaded from the company website kambi.com or accessed via the PDF in this press release. The report is also available at .kambi.com/annualreport2023/.

Key highlights for Kambi during the year include:

  • A 13% increase in revenue to €173.3 million when excluding the one-off termination fee from Penn recorded in Q4 2022
  • €25.2 million in EBITA (acq)*
  • 10 new operator signings including Bally’s Corporation, LiveScore Group and Svenska Spel
  • Seven partnerships extensions including ATG, Betplay, LeoVegas Group and Rush Street Interactive
  • 60+ sportsbook launches across multiple markets in Europe, Latin America and the US
  • Repaid the full €7.5 million convertible bond previously held by Kindred Group to give Kambi full control over its future strategic direction

*EBITA (acq) = Earnings before interest, taxation, Items affecting comparability and amortisation on acquired intangible assets

The Annual General Meeting will be held on 21 May 2024 at 14:00 CEST in Birkirkara, Malta.

 

The post Kambi Group plc publishes 2023 Annual Report and Accounts appeared first on European Gaming Industry News.

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