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STAR-STUDDED CAST TO SUPPORT 8 BALL POOL’S GLOBAL GIFT FOUNDATION CHARITY EVENT
Miniclip, a global leader in digital games, has announced a partnership with the Global Gift Foundation to bring a charity event to its number one mobile game, 8 Ball Pool, supported by Hollywood’s finest, including Eva Longoria and Luke Evans.
The event will take place between 12th and 19th May as part of Global Gift Foundation Week, where 8 Ball Pool players can chalk up their limited-edition cues and avatars, including a special Global Gift cue.
Over 40 global superstars have pledged their support of the event including Eva Longoria, Denise Van Outen, Ronan & Storm Keating, Luis Fonsi, Luke Evans, Olivier Giroud, Mikel Arteta, Vanessa Williams and Anastacia. All net-profit from in-app purchases of Global Gift Foundation offers during the event will be donated by Miniclip to the Global Gift Foundation.
Rafael Rodrigues, Product Director 8 Ball Pool, commented: “This partnership is an incredible opportunity for us to give back and use our platform to support worthwhile and life-changing causes.
“As a global company with offices around the world, partnering with a charity that supports people on a global scale is an amazing feeling. The Global Gift Foundation is fully aligned with our goals of providing vital support that positively impacts people across the world, not just in the games industry. We’re extremely proud to support them, with a star-studded group behind us to drive the fundraising efforts.”
The Global Gift Foundation is a charity that supports the lives of children, women, and families in need. This is the first time they have partnered with Miniclip for such an event, where they have come together to work towards a shared goal of equality across the globe.
The money donated during Global Gift Foundation Week will support projects and causes such as Casa Ángeles, in Spain – an amazing place that makes life better for kids with special needs and their families, helping the children to grow, learn, and become more independent, both physically and mentally. Another project is the Quang Chau Orphanage in Vietnam, home to children who have been left behind and abandoned, offering everything they need to thrive: food, medical care, education, and so much more. It is a place where the children can feel loved and cared for, and are surrounded by people who genuinely want to see them succeed and be happy.
Maria Bravo, Founder and CEO at the Global Gift Foundation, said: “We’re delighted to partner with Miniclip to host this amazing charity event. The money raised will contribute to some incredible causes across the globe and we are so grateful for their support. We’d also like to give honorary thanks to our celebrity ambassadors who have brought the event to life.”
8 Ball Pool is Miniclip’s number one game and was awarded a Guinness World Records™ Title for the Most Downloaded Mobile Pool Game in 2021. It has been the most downloaded mobile pool game since 2014, and is played for 260 million hours every month, with 4,000 balls potted every second.
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Tundra Esports Announces New Official Supplier Partnership with Gladiator PC
Tundra Esports, The International 11 Champions and a leading competitive esports team playing in Dota 2, proudly announces a game-changing collaboration with Gladiator PC, a pioneer in high-performance gaming technology as their Official Supplier.
The post Tundra Esports Announces New Official Supplier Partnership with Gladiator PC appeared first on European Gaming Industry News.
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Genius Sports Reports First Quarter Results Above Expectations and Raises 2024 Group Revenue and Adj. EBITDA Guidance
Q1 Earnings 2024 Carousel 8th May
- Group Revenue of $120m, exceeding first quarter guidance of $117m
- Group Net Loss of ($26m) and Group Adj. EBITDA of $7m, exceeding guidance of $6m
- Raised 2024 Group Revenue and Adj. EBITDA guidance to $500m and $82m, respectively, up from prior guidance of $480m and $75m
- Reaffirming expectation to generate positive cash flow in 2024
- Increased financial flexibility by entering into $90 million committed revolving credit facility with Citibank and Deutsche Bank
Genius Sports Limited, the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal first quarter ended March 31, 2024.
“Following a strong year of execution in 2023, we are pleased to continue our momentum to start the new year, with the first quarter of 2024 marking another period of outperformance relative to expectations,” said Mark Locke, Genius Sports Co-Founder and CEO. “As we expand our technology footprint and work to extend one of our most important data partnerships with Football DataCo, we feel an enhanced sense of excitement and confidence in our outlook for 2024 and beyond.”
$ in thousands | Q124 | Q123 | % |
Group Revenue | 119,718 | 97,229 | 23.1% |
Betting Technology, Content & Services | 73,897 | 64,740 | 14.1% |
Media Technology, Content & Services | 35,475 | 21,764 | 63.0% |
Sports Technology & Services | 10,346 | 10,725 | (3.5%) |
Group Net loss | (25,541) | (25,168) | (1.5%) |
Group Adjusted EBITDA | 6,878 | 8,042 | (14.5%) |
Group Adjusted EBITDA Margin | 5.7% | 8.3% | (260 bps) |
View the full press release here.
The post Genius Sports Reports First Quarter Results Above Expectations and Raises 2024 Group Revenue and Adj. EBITDA Guidance appeared first on European Gaming Industry News.
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Gaming Americas Weekly Roundup – May 6-12
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
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Texas Lottery players are bracing for a chance to have an instant hit when they play four new scratch ticket games that launched on May 6. The HIT family of games, ranging in price from $1 to $20, features more than $220 million in total combined cash prizes with top prizes ranging from $5000 to $1 million. In addition, the HIT family is paired with the Sedona Day of Luck Promotion, offering players with non-winning tickets a chance to win a luxurious trip to Sedona, Arizona.
International Game Technology announced that its subsidiary, IGT Global Solutions Corporation, has signed a five-year contract with the Atlantic Lottery Corporation (Atlantic Lottery), to implement high-performing features and exciting new games for players in Atlantic Canada. As part of the agreement, IGT will deploy its advanced cloud-based remote game server (RGS) and at least 16 digital instant games each year.
Bragg Gaming Group announced that Neill Whyte has been appointed as Chief Commercial Officer, effective 1st May 2024, establishing a new global commercial structure at the Company and bolstering its leadership team. Whyte brings over 18 years of experience in the iGaming sector, most recently in the role of Chief Commercial Officer at Digital Gaming Corporation’s B2B iGaming Division.
In an exciting development for sweepstakes operators across the US, CasinoWebScripts has announced a significant milestone: the release of more than 200 in-house developed sweepstakes casino games. This achievement highlights the company’s commitment to innovation and its dedication to providing high-quality, engaging gaming experiences without the burden of monthly revenue sharing.
Partnerships
SCCG Management announced a strategic partnership with Globe Gaming Limited, aiming to significantly extend its global reach with a focus on the European market. This collaboration marks a significant milestone in SCCG’s efforts to broaden its influence in the gaming and sports entertainment sectors internationally.
NBC Sports will continue to present the Kentucky Derby on NBC and Peacock through 2032, as Churchill Downs Incorporated (CDI) and NBC Sports announced a multi-year extension of their partnership. The extension of the NBC Sports-Churchill Downs relationship – which began with the 2001 “Run for the Roses” – will make NBC the longest running home of the Kentucky Derby, as NBCUniversal will become the first media company to present the most prestigious event in horse racing for three decades (32 editions of the Kentucky Derby from 2001-32).
WinnaVegas Casino Resort, a premier destination in Western Iowa, announced the extension of its partnership with Quick Custom Intelligence (QCI), a leading provider of advanced analytics solutions for the gaming industry. This renewal underscores WinnaVegas’ commitment to leveraging cutting-edge technology and superior support to drive business success.
The PGA of America and PENN Entertainment announced a multiyear sports betting partnership. Under the agreement, ESPN BET becomes the “Official Sports Betting Sponsor” of the PGA Championship through 2026. The 2024 PGA Championship will take place at Valhalla Golf Club in Louisville, Kentucky from May 16-19. This agreement marks a milestone for the PGA Championship as it becomes the first men’s golf major to establish an official sports betting sponsor.
The post Gaming Americas Weekly Roundup – May 6-12 appeared first on European Gaming Industry News.
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