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Gaming Innovation Group successfully issues subsequent senior secured bonds of EUR 15 million

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Reference is made to the announcement from Gaming Innovation Group Inc. (“GiG”) on 17 June 2024.

Gaming Innovation Group Plc., a wholly owned subsidiary of GiG has successfully completed a EUR 15 million subsequent senior secured bond issue under its existing EUR-tranche bond loan with ISIN NO0013024018 (the “EUR-tranche”). Following the subsequent bond issue, the outstanding amount of the bond is EUR 90 million equivalent, including the SEK tranche with ISIN NO0013095687 (“the SEK-tranche”). The proceeds from the contemplated tap issue will be used towards financing the acquisition of CasinoMeister, that was announced in a press release on 3 June at 08:00 CEST, and general corporate purposes for GiG.

The transaction was very well received among investors across the Nordics, continental Europe and the US, with both existing as well as new investors participating in the placement, resulting in a significant oversubscription and a subsequent bond issue price of 103.75% of par.

ABG Sundal Collier and Pareto Securities acted as joint managers and bookrunners in connection with the subsequent bond issue.

The post Gaming Innovation Group successfully issues subsequent senior secured bonds of EUR 15 million appeared first on European Gaming Industry News.

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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Stretch Network has Two New Poker Features

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Stretch Network has announced the launch of two poker features aimed at enriching the player experience and enhancing operator offerings:

Show/Muck: A functionality that empowers players to control the information they reveal after a hand. Whether players choose to display a winning strategy, bluff their opponents, or keep their cards hidden, this feature introduces an exciting psychological aspect to the game. It adds a new layer of strategy, allowing players to influence the flow of the game and create a more engaging poker environment, keeping both participants and spectators on the edge of their seats.

Cash Money: This feature allows players to use bonus funds during cash games, seamlessly converting the used portion into real money. Any remaining bonus funds are automatically returned to the player’s balance, ensuring both value and convenience. This adds flexibility and provides an enriched experience for players, giving them the freedom to maximize their gaming session without limitations.

With these updates, Stretch Network reinforces its dedication to delivering poker solutions that empower operators and enhance player satisfaction, creating a more thrilling and rewarding environment for all involved.

The post Stretch Network has Two New Poker Features appeared first on European Gaming Industry News.

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Ascend into an enchanting world of big wins with Golden Goose Megways ™

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Big Time Gaming’s a thrilling new slot sees players join Jack as he climbs the legendary beanstalk in search of giant wins

Join Jack as he climbs the magic beanstalk in search of giant prizes in Golden Goose Megaways, the latest slot from Big Time Gaming.

Golden Goose Megaways™ introduces BTG’s signature high-volatility mechanics with a twist. It brings the legendary tale to life and with up to 117,649 ways to win with every spin comes brimming with magical big win potential.

Players will encounter mystical Cloud Prizes floating above the reels, starting at 2x the stake and reaching up to a staggering 500x. The appearance of the golden Egg symbol boosts the Cloud Prize above that reel, creating an opportunity for monumental rewards.

Players will also meet Bonus Boy, who emerges from the beanstalk to collect these Cloud Prizes, multiplying them by up to 10x in the base game and unlocking even greater riches during Free Spins.

Let’s take a closer look at the bonus action players will encounter as they ascend into the enchanting world of Golden Goose Megways.

Cloud Prizes and Bonus Boy 

Enchanted Cloud Prizes float above reels two, three, four and five and have a starting value of 2x the player’s bet. Each time a Golden Egg symbol lands, it enhances the Cloud Prize above that respective reel, boosting it by up to 500x.

Then there’s the Bonus Boy who can magically appear above the reels with each spin or reaction. When he does, he can collect a Cloud Prize, instantly rewarding the player with the displayed amount and resetting the prize to zero.

In the base game, the Bonus Boy can amplify the Cloud Prize by 10 letting players climb the beanstalk to colossal wins.

Free Spins

Landing three or more Scatters in the base game whisks players away to ten Free Games, with an additional five Free Spins for each additional triggering Scatter.

During Free Spins, the Bonus Boy starts with a Cloud Prize Multiplier of 1x with each subsequent Bonus Boy increasing the Multiplier, climbing higher with each appearance—x2, x3, and beyond, just like Jack’s beanstalk reaching into the sky! Bonus Boy can also collect up to four Cloud Prizes at once for payouts that fairytales are made of.

Win Exchange

Golden Goose Megaways allows players to turn big wins into Free Spins with Big Time Gaming’s innovative Win Exchange. If the player lands a win between 25x and 80x the bet, they have a shot at 10 Free Spins. Alternatively, they can instantly buy their way into Free Spins using Bonus Buy™, ensuring immediate access to the adventure and thrill.

With a 96.44% RTP, high volatility, and broad market appeal, Golden Goose Megaways™ promises a prime choice for players.

Nik Robinson, CEO at Big Time Gaming, said: “Players will be captivated by the sheer power and flexibility of Golden Goose Megaways™. This game embodies the innovation BTG is known for, combining skill, chance, and immersive storytelling to deliver an unforgettable gaming experience. Can they find the goose that lays that all important Golden Egg? There’s only one way to find out.”

The post Ascend into an enchanting world of big wins with Golden Goose Megways ™ appeared first on European Gaming Industry News.

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Thunderkick spreads festive cheer with Hot Turkey

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Exploding Wilds and increasing multipliers unlock 10,000x win potential

Independent slots studio Thunderkick has launched Hot Turkey, its latest holiday-themed release that channels Christmas spirit and unwraps maximum wins up to 10,000x.

Candy canes, mistletoe, and Christmas gifts adorn the reels of this 7×7 Cluster Pays slot, where the Avalanche mechanic returns to boost payouts by replacing all symbols from winning combinations.

Every Avalanche win drops an Exploding Wild onto the grid, which either contributes to a new cluster or clears the surrounding 3×3 area, leaving behind 2x multipliers. Should another Exploding Wild detonate over an existing multiplier, the value is doubled up to 128x, greatly enhancing wins.

Landing three Hot Scatters triggers the bonus round, with an initial 10 free spins awarded. During free spins, multipliers left behind by Exploding Wilds remain sticky for the duration of the feature, paving the way for 10,000x maximum wins.

Hot Turkey is the most recent addition to Thunderkick’s expanding holiday-themed slot collection, joining Midas Golden Touch Christmas Edition and the Esqueleto Explosivo trilogy. The provider continues to diversify its product portfolio, emphasising its desire to create compelling games that resonate with a global player base.

Mike Collins, Game Product Owner at Thunderkick, said: “Christmas is the most widely celebrated global holiday, and we’ve attempted to leverage some of that famous festive cheer in Hot Turkey.

“This game sees the return of several fan-favourite features, including Avalanche wins, Exploding Wilds, and Sticky Multipliers. We have combined these with huge 10,000x win potential, themed icons and a merry backing track to create a title we are sure will bring players joy.”

The post Thunderkick spreads festive cheer with Hot Turkey appeared first on European Gaming Industry News.

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