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ParlayBay agrees distribution partnership with AzureTech

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ParlayBay, the provider of innovative sports betting titles, has agreed to supply iGaming aggregator AzureTech with its popular sports-betting products.

Headquartered in Taiwan, AzureTech is an Asian-focused iGaming company that maintains a strong presence across the continent. This new deal sees ParlayBay expand its Asian foothold and deliver its renowned products to more players across the region.

As part of the agreement, the entire ParlayBay game portfolio including STREAK, BOSS, GEKKO, CUT and RUSH will be distributed in the Asian market through AzureTech’s extensive network of top operators.

A wide selection of fan favourite sports is present throughout ParlayBay’s content offering such as football, basketball, handball, volleyball, cricket, and E-sports with even more set to be added going forward.

This latest partnership maintains ParlayBay’s aim to transform the sports gaming market through intuitive player-centric gaming experiences, that increase player engagement. Products featuring a fantastic UI/UX design create this unrivalled action-filled gaming proposition.

Lightning-fast gameplay consisting of short rounds is at the heart of the supplier’s games with features such as re-buy, cash-out and leaderboards that appeal to emerging demographics.

Patrick Nordwall, CEO at ParlayBay, said: “Azuretech is joining us on our journey to disrupt the iGaming market by enabling distribution of our games to the Asian market. Azuretech’s extensive network of operators aids in a fast-time-to-market and is a sublime partner for our venture.

“The upcoming months will see our introduction of outstanding sports betting games, offering players a remarkable gaming experience and we can’t wait to see them roll out.”

Cora Chen, COO at AzureTech, said: “ParlayBay is a perfect addition to our region, offering a unique set of sports betting games never seen before. Asian players will surely love these games, as they perfectly complement AzureTech’s industry-leading lineup of exclusive, award-winning and supremely innovative games.

“This addition to our portfolio promises to be a game-changer that is sure to energise all to new heights!”

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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UK-based PE Mansion Sports Announces Partnership with Billiards Legend Efren ‘Bata’ Reyes to Launch Billiards eCommerce Site

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Mansion Sports, a leading private equity firm based in the UK, specializing in investments across sports facilities, sports news portals, and sports entertainment, has announced its partnership with billiards icon Efren ‘Bata’ Reyes, coinciding with the launch of Mansion Sports Billiards, an eCommerce platform catering to global billiards enthusiasts. This strategic move underscores Mansion Sports’ commitment to elevating the billiards experience worldwide.

The partnership encompasses a series of events and tournaments showcasing high-level billiards play, as well as projects aimed at fostering a deeper connection with the sport’s enthusiasts. With Reyes’s involvement, these initiatives are poised to deliver thrilling matches and dynamic gameplay, leaving a lasting impact on the billiards community.

To kickoff the partnership, Mansion Sports unveiled Mansion Sports Billiards, an eCommerce site offering premium billiard products globally. Featuring high-quality cues, stylish tables, and top-notch accessories, the platform aims to enhance enthusiasts’ playing experience. Initially rolling out in Vietnam, Mansion Sports Billiards plans for global expansion.

Reyes, renowned for his  exceptional skill and long-standing dominance in billiards, joins Mansion Sports as Brand Ambassador. This partnership will leverage Reyes’s stature in the billiards community to bolster Mansion Sports’ presence through various events and initiatives.

“We are honored to have Efren ‘Bata’ Reyes as a Mansion Sports Brand Ambassador and are excited to work together to bring the sport of billiards to new heights. said Denis Keet, Managing Director of Mansion Sports.

“We believe that Reyes brings decades of experience and a storied career to the partnership. His achievements have not only earned him numerous titles and awards but also a substantial fan base and respect within the sports community,” Keet added.

The post UK-based PE Mansion Sports Announces Partnership with Billiards Legend Efren ‘Bata’ Reyes to Launch Billiards eCommerce Site appeared first on European Gaming Industry News.

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Zitro Redefines Gaming with Innovative Entertainment at FIJMA Madrid

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Zitro, a global leader in gaming entertainment, is not just creating games; it’s crafting success stories that echo around the world. Known for its high-performance games and innovative gameplay, Zitro is set to transform the gaming narrative yet again.

This year, Zitro will showcase its latest advancements at the FIJMA Madrid, inviting attendees to experience a spectacular lineup of products that push the boundaries of conventional gaming. The event will serve as a stage for Zitro’s newest offerings, particularly its video slots and video bingo games, which have already proven profitable in Spanish Gaming Halls, Bingos, and Casinos.

Visitors to Zitro’s booth will encounter the cutting-edge designs and unique gameplay that only Zitro can provide. The company prides itself on its ability to blend engaging entertainment with profitable outcomes, ensuring that every game is a masterpiece of form and function.

Moreover, Zitro Digital will take center stage with its array of online games that promise to revolutionize player engagement and challenge perceptions of traditional and digital gaming environments. This segment demonstrates Zitro’s commitment to innovation and its continuous effort to create immersive experiences that are not just games, but enduring stories loved by players across the globe.

Join Zitro at FIJMA Madrid to discover how it continues to rewrite the history of gaming, one successful story at a time.

The post Zitro Redefines Gaming with Innovative Entertainment at FIJMA Madrid appeared first on European Gaming Industry News.

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Kambi Group plc repurchase of shares during 29 April – 3 May 2024

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Kambi Group plc (“Kambi”) has during the period 29 April to 3 May 2024 (the “Buyback Period”) repurchased a total of 55,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 19 June 2023 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, the EU Market Abuse Regulation No 596/2014 (“MAR”), Commission Delegated Regulation (EU) No 2016/1052 (“Safe Harbour Regulation”) and other applicable rules.

During the Buyback Period, Kambi repurchased a total of 55,000 ordinary B shares at a volume-weighted average price of 99.16 SEK. From the beginning of the Programme, which started on 18 March, until and including 3 May 2024, Kambi has repurchased a total of 322,086 ordinary B shares at a volume-weighted average price of 92.87 SEK per share.

During the Buyback Period, Kambi has repurchased shares as follows:

Date Aggregated daily volume (number of
ordinary B shares)
Weighted average
share price per day (SEK)
Total daily transaction
value (SEK)
29 April 2024 10,000 96.73 967,274
30 April 2024 10,000 100.53 1,005,343
2 May 2024 20,000 99.41 1,988,268
3 May 2024 15,000 99.54 1,493,090

All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 3 May 2024, Kambi’s holding of its own shares amounted to 1,217,678 and the total number of issued shares in Kambi is 31,278,297 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €4.0 million.

A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.

Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/

The post Kambi Group plc repurchase of shares during 29 April – 3 May 2024 appeared first on European Gaming Industry News.

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