Microgaming introduces Slingshot Studios European Gaming Industry News

Microgaming introduces Slingshot Studios

Microgaming introduces Slingshot Studios, a new independent game studio that will develop exclusive content for Microgaming.

Slingshot Studios is a game studio that enhances successful slot machines and develops new features. Driven by a passion to create immersive games for players, the team is made up of industry talent adept at creating high-quality games designed for both avid slot enthusiasts and new players.

On Wednesday, October 10, 2018, Cash of Kingdoms will be the first official release of the new Slingshot Studios brand. This exciting slot includes an all-new feature in the form of Invading Wilds™ that appear both during the base game and during free spins.

Cash of Kingdoms is an exciting fantasy-themed online slot that Microgaming unveiled on the third day of ICE Totally Gaming 2018. Microgaming's bar was decorated with medieval accessories, including tableware, archery targets and full suits of armor. In addition, an experienced foot archer took to the stage and wowed the audience with a daring performance!

Microgaming's extensive digital portfolio will benefit from the unique personality and expertise of Slingshot Studios. Slingshot Studios develops original games with exciting engines and features targeted at specific markets and audiences. The content they produce is fantastic and their willingness to create and challenge is admirable. Slingshot is the latest of several game studios announced as exclusive suppliers to Microgaming and we look forward to seeing more content from them in the coming months.

John Coleman, CEO of Microgaming

Energy and imagination are what drive Slingshot Studios. We love making games that people love to play and can't wait to share them with Microgaming and for operators' players to enjoy. Cash of Kingdoms is the first glimpse of what's to come. ”

Richard Vermaak, Creative Director, Slingshot Studios

About Slingshot Studios

The Sing Shot Studio is a team consisting of veterans, beginners in the game industry, and those in the middle, and is a new autonomous game workshop formed in 2016. A mult i-angle developer team with picture, animation, development, test, composition, creation, and almost all other skills. Beautiful designs are born out of immutable repetitions and innovation, and from something that must be destroyed to learn. They are enjoyed with joy and very interesting products for micro gaming and their buyers.

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PLAYTIKA Holding Co., Ltd. Announced the second quarter cash settlement that ends on June 30, 2024.

Sales were $ 627 million, down (3, 7 %) of the previous year (3, 7 %), fell (2, 5 %). Profit from the DTC platform increased by $ 173. 7 million, 1, 3 %, 5, and 1 % yea r-o n-year. Failure of $ 86 million increased 63, 4 % yea r-o n-year, up 14, 4 % in annual ratio. After adjusting the loan, EBITDA increased 2, 9%yea r-o n-year to $ 1911 million, a (11, 2) percentage (11, 2) percentage. As of June 30, 2024, the currenc y-constructed accommodation facilities, and their prices and shor t-term investments were $ 1. 1 billion.

"We are focusing on strategic initiatives focusing on the endurance and possibilities of our main games and the ease of livability of our bags. We actively the range of the game through M & A. Robert ANTOLOL, a major executive director, focuses on searching for long costs, complementing ours.

"Our concerns about the business that focuses on direct buyers and the strict alignment to manage operating costs has led to a remarkable improvement of alternativ e-based profitability. We are sustainable. We are taking measures to ensure an increase and profitability, we commit to make a long profit for players and shareholders, our concerns for execution remain unwavering. Abrahams stated, President and Sea Economic Officer (CCO).

The characteristics of individual companies and main business

Average daily paying users were 298, 000, down (3, 6%) year-over-year and down (2, 9%) sequentially. Average paying user conversion rate was 3, 7% (3, 5% in Q1 and 3, 6% in Q2 2023). Casual gaming revenue decreased (4, 3)% on a rolling basis and down (1, 7)% year-over-year. Community casino revenue was down (2, 9)% quarter-over-quarter and down (3, 4)% year-over-year. Bingo Blitz revenue was $155. 7 million, down (1, 2)% quarter-over-quarter and down (0, 4)% year-over-year. Journey's sales in June were $74. 6 million, down (2. 6%) compared to the same month last year and up (1. 9%) compared to the same month last year. Slotomania's profits of $133. 8 million were down (1. 2)% compared to the previous quarter and down (7. 5)% compared to the same period last year.

Playtika announces quarterly dividend payment

Playtika's board of directors announced the payment of a currency dividend of $0. 10 per promotion of regular promotions included in the appeal, payable on October 4, 2024 to holders of promotions registered at the close of business on September 20, 2024. . Future dividends will be subject to market standards and board incentives.

Based on 2024 performance, the company expects profits to be in the lower end of the indicated range of $2. 52 to $2. 62 billion and EBITDA adjusted for loans to be in the forward middle of the indicated range of $730 to $770 million, subject to serious costs.

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VentureMax Group Director Pierre Mifsud says the iGaming world offers great opportunities for new companies with big ideas, provided they can avoid the pitfalls.

The global online gambling industry has always attracted bright minds, creative talents and people with a strong entrepreneurial spirit.

The tumultuous times are endless, from the acquisition of boutique studios for hundreds of millions of dollars to the mergers and consolidations of top operators that have become undisputed global favorites. But while some companies succeed, others fail.

This is due to the fact that the online gambling industry is not easy. This is the background of mining, where one wrong step means the end of the game. To reach the top, you need not only a great idea and a clever product, but also financial backing, regardless of size.

As a result, startups need to master all aspects of the business, from product features and customer skills to regulations, differentiation, marketing and fundraising. And even in this case, victory cannot be taken for granted.

Let's look at some of these key areas and see how to avoid the obstacles that startups face.

Regulation, Licensing, and Compliance Requirements

As the industry moved towards regulation, much of the map went from grey to white. This opened up huge opportunities for operators, but also introduced new challenges.

Operators, suppliers, and other services now have to obtain licenses and certificates to enter regulated jurisdictions, and the requirements vary from market to market.

Most organizations have a dedicated department dedicated to obtaining the licenses required to enter the market, and a requirements response team that constantly monitors compliance.

So, even if you are a single person, consider creating a dedicated team to handle all the legal requirements. This will ensure your business survives in the long run.

Stand out from the crowd

There are so many business opportunities in this industry that it is no wonder that many startups chase them. This means that it is essential to introduce something new as a way to stand out.

It can be something truly innovative - an unprecedented game layout, a new mechanic, a technology that solves a problem, or simply an exploration of a better way to do something that is already being done.

Technology is a great driver of innovation, and the most successful startups often have a patented platform, solution, mechanism, etc. that takes the industry by storm.

Of course, this is not a prerequisite for success, and many startups have achieved great success by improving on what is already being done.

Either way, startups need influence, and copying others won't get you very far.

Acquiring customers at scale:

One of the most important challenges in any business, whether B2B or B2C, is attracting customers at scale. To do this, you need a comprehensive marketing strategy that can attract customers at the right time and place with a message that really resonates.

In such a high level of competition, it is important for companies and brands to be authentic and have a clear voice in communicating with their audience.

This is, for example, this is one way to compete with noise made by rivals, as the company has a clear identity and task. Modifying a channel that can introduce a true relationship with customers is still very basic.

Digital marketing is truly economically effective if done correctly, is perfectly controlled and easy to optimize in real time, as long as it is planned and analyzed.

Therefore, this marketing method is considered unstable for B2B and B2C companies.

Securing initial funds

Most emerging companies face the need for funding to achieve their intentions. It is likely that there is an organic rise every time, but it is a boring time, which has the potential for the company to actually miss the right time.

However, finding a favorable researcher has the ability to explain what to arrange. Some traders are ready to provide capital, but some traders do not want to play unnecessary roles in the company's daily management, while others have all the opportunities that require more control and role than the founder wants. 。

Emerging companies need to think about how to arrange themselves for appropriate investors. The Venture Max Group has various aspects of investment, and before that, it is essential to answer companies how to consider the possibility of a partnership with companies.

  • The possibility of the upside is high on the early stage
  • Being a company with harmful ability
  • Being a problem of innovative technology
  • Space} The existence of a powerful team of the founder
  • The existence of expandable and protected market opportunities

The attitude toward our investment is that it should be a true partnership.

We want to not only provide economic support to emerging companies, but also distribute our own luxury skills and support companies to safely navigate this wonderful industry.

Therefore, those who have not taken it into action, do not pay attention to many issues, and have achieved a huge reward for those who have achieved their own Igamin startups.

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Reading time: 6 minutes < SPAN> This is because, for example, this is one way to counter the noise created by rivals, as the company has a clear identity and task. Modifying a channel that can introduce a true relationship with customers is still very basic.

Digital marketing is truly economically effective if done correctly, is perfectly controlled and easy to optimize in real time, as long as it is planned and analyzed.

Therefore, this marketing method is considered unstable for B2B and B2C companies.

Most emerging companies face the need for funding to achieve their intentions. It is likely that there is an organic rise every time, but it is a boring time, which has the potential for the company to actually miss the right time.

Emerging companies need to think about how to arrange themselves for appropriate investors. The Venture Max Group has various aspects of investment, and before that, it is essential to answer companies how to consider the possibility of a partnership with companies.

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  • The attitude toward our investment is that it should be a true partnership.
  • Therefore, those who have not taken it into action, do not pay attention to many issues, and have achieved a huge reward for those who have achieved their own Igamin startups.
  • Digital marketing is truly economically effective if done correctly, is perfectly controlled and easy to optimize in real time, as long as it is planned and analyzed.
  • Securing initial funds
  • However, finding a favorable researcher has the ability to explain what to arrange. Some traders are ready to provide capital, but some traders do not want to play unnecessary roles in the company's daily management, while others have all the opportunities that require more control and role than the founder wants. 。
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  • We want to not only provide economic support to emerging companies, but also distribute our own luxury skills and support companies to safely navigate this wonderful industry.
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  • Vadim Andreev, managing director and co-founder of Rokky, a mass game distribution platform that connects publishers and shops around the world, will be in charge of the first year of video game sales that will then start, and determine the excellent quality of work with this distribution partner like Rokky.

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Elim Poon - Journalist, Creative Writer

Last modified: 27.08.2024

The company's impressive gaming lobby features many players' favorite titles, such as Jurassic Park, Game of Thrones, Bridesmaids, and numerous others. These. Microgaming wouldn't be one of the world's leading game studios and the undisputed powerhouse of a supplier if they couldn't produce product. To start, the developer announced their Games of Thrones Power Stacks online slot game, a title that will be developed by Slingshot Studios. The.

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