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Better Collective Releases its Annual Report for 2022
Better Collective has released its annual report for the 2022 financial year.
In the report, the company reported total revenue growth of 52%, amounting to €269m ($292m), with organic growth totalling 34%. Recurring revenue accounted for 46% of total revenue and grew 54% to a total of €123m.
On 23 March 2022, Better Collective also acquired the full assets of the media company, Canada Sports Betting, for €21m. The company also acquired Futbin on 19 April for €105m and aims to make further partnerships through this brand in the esports scene.
Better Collective reported sending 1.7 million new depositing customers to its partners in 2022, of which 76% of these were on revenue share contracts. Out of these, 580,000 were sent during Q4, and just under 300,000 were during the World Cup.
The report also stated that the $100m target of revenue for Action Network was reached in US markets. The financial targets for 2023 include total revenue of €300m, with an EBITDA of €100m.
The company also announced its long-term financial targets, up to 2027. These include a compound annual growth rate (CAGR) of 20% and an EBITDA margin excluding special items of 30-40%. The final long-term goal of Better Collective is to ensure any future mergers and acquisitions can be financed by their own cash flow.
Better Collective began 2023 with just under 40% reported growth, due to the launch of online sports betting in Ohio.
Two partnerships were also announced in early 2023, with sports media sites Goal and Wirtualna Polska.
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CryptoWins.com Expands Portfolio with 30 New Slots from NetGame Integration
40% Match deposit bonus on new NetGame slots for all players this week
CryptoWins the cryptocurrency-only casino that celebrated its 1st anniversary in November 2024, has launched 30 exciting new slots by NetGame, including popular titles like African King, Diamond Shot, Hit in Vegas, Volcano Fruits, and Wild Buffalo. This expansion brings CryptoWins’ total game count to over 470, across 11 software providers.
NetGame’s slots offer an exceptional playing experience through original math models, vibrant art, and unique bonus mechanics. Each game features elements like Free Spins, Progressive Jackpots, Tumbling Reels, Pick’em Bonuses, Re-Spins, Fortune Wheels, Win Both Ways, and more.
Diamond Shot blends classic fruit symbols with exciting bonus features, including three types of scatters: a regular one, a stacked one for bigger prizes, and one that unlocks the tile match bonus with up to 25 free spins and a 3x multiplier, plus the possibility of a special wild.
Hit in Vegas takes you to Sin City with a 25x multiplier in the base game and a 1000x multiplier on the Wheel of Fortune. With 15 free spin features offering locked wilds, highest symbols only, and scatter pay wins, a fortune could be yours.
“At CryptoWins, we’re committed to bringing players the best entertainment possible, and with each new partnership, we expand our diverse game offerings. The cryptocurrency landscape continues to evolve, and we’re excited to be at the forefront,” says Michael Hilary, CryptoWins Manager.
In addition to the NetGame launch, CryptoWins introduced new slots from Rival in November and Felix Gaming earlier this year. The casino is also set to introduce brand-new types of games this Spring.
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CryptoWins continues to raise the bar for online gaming, providing innovative and secure experiences for cryptocurrency enthusiasts.
The post CryptoWins.com Expands Portfolio with 30 New Slots from NetGame Integration appeared first on European Gaming Industry News.
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Altenar serves up improved tennis vertical
The upgraded offering will give operators access to increased in-play opportunities and new micro markets
Altenar has enhanced its sportsbook offering with an upgraded tennis vertical, now featuring official TDI data through a strategic integration with Sportradar.
The recent launch brings fast, live data from ATP and Challenger Tour events, increasing the number of in-play betting opportunities and introducing innovative micro markets. By leveraging Sportradar’s advanced AI and deep tennis data from TDI, Altenar can now process hundreds of thousands of data points from every match, offering a significant boost in betting options for users.
The introduction of micro markets allows users to bet on events with an immediate result, such as next serve, break points or the total number of shots in a point. This new feature is expected to enhance the user experience and drive further engagement, as micro markets have already proven to be successful in soccer and major US sports.
Altenar’s commitment to utilising premium data from official rights holders underlines its focus on delivering a superior sportsbook experience. The improvements aim to boost retention rates for operators, ultimately leading to greater revenue.
Antonis Karakousis, Director of Operations at Altenar, said: “This is a pivotal opportunity to achieve our growth ambitions. By integrating cutting-edge tennis data, we are providing unique betting options and the lowest possible latency across all our operators, driving innovation in the industry.”
The post Altenar serves up improved tennis vertical appeared first on European Gaming Industry News.
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Tom Horn Gaming lights up the reels with Wild Skyfire
Tom Horn Gaming, a leading supplier of iGaming content, is thrilled to announce the release of its latest slot game, Wild Skyfire, launching on 4 March. This enchanting slot transports players to the serene town of Hanabi, where a breathtaking fireworks-lit night sky sets the stage for an unforgettable gaming experience.
Blending traditional slot mechanics with a cosy, atmospheric aesthetic, the slot offers players a new way to enjoy gaming – one that’s both familiar and refreshingly different.
Classic Features Meet a Unique Ambience
Unlike fast-paced, high-intensity slots, Wild Skyfire takes a different approach, immersing players in a calm yet engaging environment. Its medium volatility ensures a balanced gaming experience, appealing to both casual and seasoned players alike.
One of the standout features of Wild Skyfire is the Wild symbol, which appears in both the base game and the bonus round. In the base game, the Wild symbol forms wild clusters, increasing the chances of higher wins.
Free Spins, triggered by three Scatter symbols, introduces Sticky Wilds for greater win potential. When activated, any Wild symbols that land during the Free Spins round remain in their positions for the duration of the feature, maximising the opportunities for big wins. Players can retrigger Free Spins multiple times, with each Scatter symbol awarding an extra spin.
For players who enjoy instant action, Wild Skyfire offers a Special Offer Bonus Buy feature. This allows players to immediately access the Free Spins round by purchasing it directly, skipping the wait and diving straight into the most thrilling part of the game.
“With Wild Skyfire we wanted to create something that stands out from the typical high-energy slots, offering a tranquil yet captivating adventure. Its serene atmosphere provides players with an immersive escape while delivering the action they love,” said Katarina Slaninova, Head of Marketing Communications at Tom Horn Gaming.
By offering a game that seamlessly blends tranquillity with gameplay excitement, the company caters to a broad audience looking for both traditional slot thrills and something refreshingly different.
Players can experience the magic firsthand when the game goes on general release on 4 March. They’re invited to explore the captivating world of Hanabi, where big wins shine as bright as the fireworks overhead.
The post Tom Horn Gaming lights up the reels with Wild Skyfire appeared first on European Gaming Industry News.
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