Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Latest News

Exclusive interview w/ Thomas Kolbabek, CTO at Golden Whale Productions

Published

on

Reading Time: 3 minutes

 

To kick things off, could you give our readers a bit of background on what Golden Whale does? What is the company’s primary focus and what systems does it have in place to help its customers?

Golden Whale is a next-generation gaming infrastructure supplier that aims to streamline the process of integrating, modelling and orchestrating strategically relevant models derived from large data sets. We use a combination of data science and machine learning to assist companies in taking their player retention to the next level and maximise the expected lifetime value of their customers. The systems we use greatly reduce the time required to generate learnings and insights from a company’s data, which they can then apply to their products. Ultimately, we believe this will change the way that games and gaming systems are built and operated.

 

Are there any aspects of Golden Whale’s offering that makes it unique from other data tech companies? If so, how do the solutions that you provide differ from what the competition is doing?

While all data science companies claim to have the best model when it comes to making accurate predictions and segmentations, these are typically black box processes with little to no transparency. One of the things that makes Golden Whale unique is that we build a second layer on top for model orchestration and competition so users can compare all the outcomes from similar data sets. This allows companies to be more independent from single sources and helps them build an evolving system around their modelling that easily can be configured to find specific target values.

Apart from that the combination of long-standing domain know-how and latest methods in data-science lets us increase the learning speed of our customers systems significantly and reduces time between general analysis and useful execution!

 

Being a relatively new company in the iGaming industry, what were the main challenges that you encountered while establishing Golden Whale and how have you tackled these up until now?

The challenges that we’ve faced have been largely the same as any other innovative company aiming to make an impression in market – that is to say converting initial curiosity and scepticism into excitement and opportunity. Fortunately for us, we began operating at a time when the first wave of machine learning companies had already laid solid foundations for how this incredible technology can be used to benefit the industry. Our goal is now to really push the boundaries of what data science and machine learning can do for platforms and game systems and it’s a challenge we’re really relishing.

 

How has the experience your team has gained in the past helped to shape what Golden Whale does? Have there been any previous learnings that have influenced your approach to data science?

Our team has accumulated a lot of domain know-how from our backgrounds in gaming and data science that has enabled us to fine-tune our models to deliver optimal results. Of course, our previous experience has allowed us to identify gaps in the market that can be plugged by doing things a little differently, but it’s important to also respect the pace at which data science and machine learning is moving forward. In our field, it’s vital to stay on top of the latest developments and ensure this is what’s influencing and enhancing your product, rather than relying on insights from several years ago.

 

Golden Whale’s mission statement is to provide tools that “convert gaming companies into learning companies” – what are the key insights that they can expect to gain by using your product?

Our main focus is building products that directly interact with customer behaviour and player experience across different levels of product. We build on existing machine learning and data exploration tools to give partners new insights on how they can maximise efficiency and profits by improving their systems. In order to make full use of these insights, our models are ideally connected to gaming systems in real time with the resulting feedback loop being designed in a smart way. Our unique approach in this area can drastically speed up the process of how businesses can understand and enhance their offering based on the information they already have at their fingertips.

 

What does Golden Whale have lined up for 2023? Is there a clearly-defined plan for what you hope to achieve and can we expect to see any specific product launches over the coming months?

All younger companies in the data science sector are likely to experience a period of exponential growth during their first few years of operation, and Golden Whale is certainly no different in this respect. We currently have a pipeline with new customer launches, a product roadmap that encompasses many exciting projects and a bank of real-life results that we’re eager to share with our customers. We’re really excited about what’s coming up over the next 12 months and believe our future innovations will help Golden Whale make a real splash in the industry.

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


MARE BALTICUM Gaming & TECH Summit 2024
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share

Published

on

Reading Time: < 1 minute

Neo Group Ltd. (formerly known as NeoGames S.A.), announced today that Aristocrat Leisure Limited, an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction, representing an enterprise value of approximately $1.2 billion for Neo.

“We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive Officer of Neo. “We firmly believe that this Transaction represents a great outcome for all of Neo’s shareholders, customers and employees. We are very grateful to all our stakeholders who have supported us since our inception. I would also like to thank all our employees for their commitment in making Neo the great company it is today.”

The transaction was announced on May 15, 2023.

The post Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share appeared first on European Gaming Industry News.

Continue Reading

Latest News

Wazdan pounces for bigger wins in new sequel Mighty Wild™: Panther Grand Gold Edition

Published

on

Reading Time: < 1 minute

Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences, is multiplying jackpots in the follow-up to its top-performing game Mighty Wild™: Panther Grand Gold Edition.

Venturing to the depths of the jungle where a black panther rules the reels on a 5×3 gameboard, the new edition provides even larger win potential. With the increased value of the Cash symbols and Cash Infinity™ symbols, there is also a more lucrative Grand Jackpot of 1500x the base bet.

Players can trigger either the Hold the Jackpot™ or Wild Rampage™ bonus rounds after landing at least six bonus symbols. Furthermore, Chance Level™ has been amplified to improve players’ chances of hitting the bonus round.

Bolstering the ferocious Wild Rampage™ bonus game, Mystery Symbols transformed into jackpots are multiplied by a value between 1x to 10x, providing the opportunity for even bigger rewards.

Wazdan’s Online gaining™ philosophy empowers players to tailor gameplay to their preferred style through customisable features like Volatility Levels™, Buy Feature, and Ultra Fast Mode which has delivered proven results for its partners.

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “Mighty Wild™: Panther Grand Gold Edition features an exciting new lair through the inclusion of transforming mystery symbols, adding multiplier prizes to jackpots.

“Enhancing the gameplay of a pre-established hit allowed us to expand upon the engagement and entertainment on offer and we anticipate a great reception to this release.”

The post Wazdan pounces for bigger wins in new sequel Mighty Wild™: Panther Grand Gold Edition appeared first on European Gaming Industry News.

Continue Reading

Latest News

PRAGMATIC PLAY DELIVERS BRAND NEW DEDICATED LIVE STUDIO FOR BETSSON

Published

on

Reading Time: < 1 minute

 

Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its partnership with Betsson Group to deliver an exclusive dedicated Live Casino studio featuring a mix of premium Blackjack and Roulette tables.

Incorporating all the fan-favourite features of Pragmatic Play’s Live Casino games, including multiplayer mode, chat functionality, and bet behind, the nine custom-built tables have been uniquely crafted to immerse players in the Betsson Group brands.

In total, eight new dedicated Blackjack tables and one new Roulette table will be broadcast from the custom-built live studio, every detail of which has been designed to Betsson’s precise requirements.

It is the latest dedicated studio to be delivered by Pragmatic Play, whose operator partners can also use Smart Studio to customise elements of the Live Casino titles to produce bespoke environments that showcase their brands.

Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “Delivering a dedicated studio for Betsson marks another milestone for Pragmatic Play’s award-winning Live Casino offering. Betsson is a much-valued partner, and we are delighted to provide them with an immersive live environment that is fully dedicated to their brand.”

Chellyanne Cassar, Live Casino Manager at Betsson Group, added: “We are delighted to collaborate with Pragmatic Play to ensure delivery of a bespoke dedicated studio, where we can showcase our brand-new Blackjack and Roulette tables.

“The partnership highlights our shared commitment to delivering unparalleled gaming experiences, and we’re thrilled with the final results of the studio.”

The post PRAGMATIC PLAY DELIVERS BRAND NEW DEDICATED LIVE STUDIO FOR BETSSON appeared first on European Gaming Industry News.

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.