Press Release
FunFair Technologies partners with Spike Games to build blockchain games in industry first
The partnership sees Spike Games create new versions of existing titles for FunFair’s blockchain casino platform
17 April 2018, London, UK – FunFair Technologies, the world’s fastest Ethereum-powered platform for online casino gaming, today announced a partnership with leading game developer Spike Games. Both companies will work together to create new versions of existing online gaming titles built entirely on the blockchain, ensuring players enjoy complete transparency and provable fairness.
Spike Games will initially develop a new version of ‘Alice Cooper’s School’s Out for Summer’ produced under license with Global Merchandising Services and following this will work collaboratively on further content for this exciting new opportunity. The games will be added to FunFair’s existing suite of blockchain-powered casino games ranging from blackjack and baccarat to slots. The partnership is designed to help refine the processes and APIs to enable game developers to easily integrate game content on the FunFair platform going forward.
FunFair’s unique business model means that when the games go live, Spike Games will be paid instantly in FUN tokens – the utility token which is used within the FunFair ecosystem – at the end of every session.
Utilising the power of its proprietary Fate Channel technology, FunFair Technologies is able to offer high quality, provably fair casino games at a significantly lower cost to the operator. FunFair is increasing trust, providing players with instant payouts to their crypto wallets, and giving them the ability to review game math on the public blockchain to ensure unparalleled fairness and transparency.
Jez San, CEO, FunFair Technologies commented: “Spike has over 25 years’ experience developing high quality slot games and we are delighted to have partnered with them to lay the foundations for the next generation of blockchain games. By incorporating our proprietary Fate Channel technology with their rich experience, we can now give players the gameplay experience they are used to, with all the benefits that blockchain brings.”
Rob Anderson, Founder, Spike Games commented: “The potential of blockchain technology in the online gaming industry is enormous and we are very excited to be partnering with FunFair at such an exciting time in its development. We believe in giving players the best possible experience and FunFair’s technology will ensure we can provide fast, beautiful, secure games to existing and new crypto players across the world.”
News
Spearhead Studios to showcase newly launched title Wilds of Wall Street at ICE London
Spearhead Studios, recently launched gaming development company within EveryMatrix Group, introduces new slot game Wilds of Wall Street. The newly released title will be showcased during ICE London 2020 between 4-6 February, at STAND N6-310.
Wilds of Wall Street pitches the player as a wannabe stockbroker hoping to make it big and it’s inspired by iconic movies set in the 1980s and 1990s.
Kevin Corti, Game Development Director at Spearhead, comments: “We are very excited about this game, as are all those we have shown it to. We designed a series of features that capitalise on the stockbroker theme with, for example, the core ‘Bear or Bull market’ mechanic in free spins where we sought to create an additional moment of anticipation with every spin. With multiple different optional bet boosts available in both the base and bonus feature, players will feel that they are very much part of the experience and the outcome.”
Mathias Larsson, Managing Director at Spearhead, says: “Wilds of Wall Street is an excellent addition to our portfolio. We have a robust roadmap for 2020, which consists in launching 18 new games. We are also on the forefront when it comes to certifying our games in regulated markets. Our games are already now available in 8 different jurisdictions and in 2020 we will add at least 4 more markets.”
In the base game, any paid-for win triggers a subsequent free re-spin with additional symbol positions unlocked (up to 5X5) and an increased number of active pay lines. Six wins in a row will trigger the free spins feature. An ‘Insider Tips’ meter fills up as the ‘Wild Wolf’ character appear on the reel set. This unlocks the optional bet boosts which, if used, increase the chances of triggering free spins.
During the free spins bonus feature, wins will be paid either left to right or right to left, depending on whether it is a ‘Bear’ or ‘Bull’ market. A history displays the previous market outcomes, and the player can opt to bet on the outcome of the next spin. If the players chose correctly, any wins in that spin will be doubled. Free spins are ‘endless’, only brought to an end by the appearance of three ‘closing bells’ in the centre reel. Players can even choose to opt to insure against the appearance of the final bell, potentially increasing the number of free spins they receive.
To find out more about Wilds of Wall Street and Spearheads Studios portfolio, visit Stand N6-310 at ICE London 2020 between February 4th-6th, or email us at [email protected].
News
International Game Technology PLC Appoints Fabio Celadon as Executive Vice President, Strategy and Corporate Development
International Game Technology PLC today announced that Fabio Celadon will take a new role as Executive Vice President, Strategy and Corporate Development for IGT, effective February 1, 2020. Fabio will continue to report directly to IGT CEO Marco Sala as a member of the Company’s senior leadership team.
As EVP, Strategy and Corporate Development, Fabio will be responsible for IGT’s Strategy, Mergers and Acquisitions and Competitive Intelligence functions. Under Fabio’s leadership, his group will monitor industry and competitive trends in IGT’s core and adjacent markets; develop IGT’s portfolio strategy; identify key portfolio initiatives and support the business unit CEOs in the identification and execution of their business unit strategic initiatives; execute the Group’s M&A strategy (mergers, acquisitions, JVs and divestitures), managing deal evaluation, structuring and negotiation, and coordinating internal cross-functional teams as well as external advisors. Reporting to Fabio will be the leaders of three functional areas: Strategy, Mergers and Acquisitions and Competitive Intelligence.
“Fabio Celadon is an important member of the senior leadership team at IGT,” said Marco Sala, IGT CEO. “I look forward to his continued contributions in this new role.”
Fabio brings more than 17 years of global gaming experience working in various senior management capacities at IGT and its legacy companies. Since taking the role of CFO of Lottomatica S.p.A. in 2002, he has gained global strategic and operational experience from roles spanning Strategy and Corporate Development, Operations and Business Development for IGT in Europe, North America and Asia prior to his most recent role as SVP, Gaming Portfolio.
For more information about IGT, visit IGT.com, go to Facebook at facebook.com/IGT, follow us on Twitter at twitter.com/IGTnews, or watch IGT videos on YouTube at youtube.com/igt.
About IGT:
IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has more than 12,000 employees. For more information, please visit www.igt.com.
Australia
GTGNetwork.com sign data and games deal with BetEasy
Agreement will see GTG Network.com deploy consumer-facing data platform with leading Australian bookmaker
Data and technology provider GTGnetwork.com (GTG) has signed a deal with BetEasy to deploy GTG’s iSport Genius product and software.
The ‘betting choice’ content-and-insights platform is designed to inform and educate customers about their choice of bet.
iSport Genius’ interactive consumer-facing platform leverages trillions of pieces of data, and via an intuitively designed interface creates a multitude of engaging calls to action and helps improve the overall experience for punters and sports fans alike.
Nathan Rothschild, co-founder and partner at GTGNetwork.com, said: “Our deal with BetEasy is recognition by another tier 1 operator of the value of our data platform and insights to sportsbooks and its customers. We’re delighted to be working closely with one of the leading operators in Australia.”
Martin Tripp, Chief Trading Officer for BetEasy said, “We’re constantly looking for ways to enhance our customers’ wagering experience and look forward to bringing this deal to life.”
Rothschild will be attending ICE 2020 before a trip throughout the US. If anyone wishes to arrange a meeting to see how GTG can enhance their sports offering, they should contact Nathan.
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