NetEnt launches an exclusive virtual casino with Ninja Casino European Gaming Industry News
NetEnt launches an exclusive virtual casino with Ninja Casino
Ninja Casino, the flagship brand of Global Gaming, has launched Ninja Casino Live, a unique virtual casino by Netent, in its own casino with no registration required.
Using Netent's latest technology, streaming, Ninja has succeeded in solving it by composing the image and atmosphere of the casino's exterior and giving its players original gaming skills that match the brand. Ninja Casino Live is a multi-level virtual place on the top floor of a futuristic high-rise building.
It offers the illusion of other tables, with live dealer selection and all kinds of tables, between roulette and blackjack, tables with Swedish spread dealers, all kinds of video camera support and immersive user interface. Netent's conclusion for virtual casinos also allows players to replace tables and games unnecessarily to collapse into the lobby, and in fact, to do the skills that are natural and instinctively understandable to play in a casino.
Henrik Fagerlund, Managing Director of Netent Products, said: "Our innovative and unique virtual casino has breathed new life into casinos. Virtual casinos showcase new proposals and play a key role in the development and evolution of products, so operators can host maximum results.
"Ninja Casino Live can offer an absolutely fresh and totally interesting skill to play in casinos on mobile devices. We are pleased to be the first operator to freeze casinos," added Dirk Camilleri, Head of Global Gaming at Casino.
Netent AB (PUBT) is a leading digital resto company, providing premium games to the world's most successful online casino operators. Visit the website www. games. netent. com and remember our games. Since its inception in 1996, Netent has been a true pioneer, providing the market with highly entertaining games on avant-garde platforms. Netent's database of innovations has the customer attraction to surpass its rivals. Nutent is listed on the NASDAQ Stockholm (NET-B) exchange, has 900 employees and cabinets in Stockholm, Malta, Kiev, Gotarg, New Jersey, Krakow and Gibraltar.
Global Gaming is a contender for IGAMing leadership, offering innovative, non-toxic gaming offerings and closer control to successful casino brands.
The company's flagship Ninja Casino features revolutionary technology that allows players to enjoy a harmless, hassle-free online casino experience without a lengthy registration process. In November 2018, Global Gaming was named Sweden's fastest growing technology company (Deloitte Sweden Technology Fast 50). Redeye AB is considered a certified consultant for the company.
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Playtika Reports Q2 2024 Financial Results
Reading time: 2 minutesPlaytika Holding Corp. announced its cash results for the second quarter ended June 30, 2024.
Revenue was $627 million, down 3, 7% sequentially and 2, 5% year-on-year. DTC platform revenues were $173 million, up 1. 3% quarter-on-quarter and 5. 1% year-on-year. Net income was $86 million, up 63. 4% quarter-on-quarter and 14. 4% year-on-year. EBITDA before loan adjustments was $191 million, up 2. 9% quarter-on-quarter and down (11. 2)% year-on-year. Foreign exchange options, currency equivalents and short-term investments totaled $1. 1 billion as of June 30, 2024. "We are focused on the strength and potential of our flagship games and strategic initiatives to strengthen our portfolio. We are actively exploring opportunities to expand our game portfolio through M& A. Our focus is on finding studios that complement our existing games and create lasting value.
"Profitability has continued to improve noticeably due to our focus on direct-to-consumer business and strict control of operating costs. We are taking steps to ensure sustainable growth and profitability and are committed to creating lasting value for our players and shareholders.
Key Business Characteristics and Key Business Drivers
The average number of daily paying users was 298 thousand, decreasing (3, 6)% and (2, 9)% alternately on an annualized basis. The average paying conversion was 3, 7%, decreasing (3, 5)% in the first quarter and 3, 6% in the second quarter of 2023. Revenues from casual games decreased (4, 3)% on a turnaround and (1, 7)% on an annualized basis. Revenues from games in the target public casinos decreased (2, 9)% and (3, 4)% alternately on an annualized basis. Revenues from Bingo Blitz were $155. 7 million, decreasing (1, 2)% and (0, 4)% alternately on an annualized basis. Revenues from travel in June were $746 million, decreasing (2, 6)% alternately on an annualized basis and increasing (1, 9)% on an annualized basis. Slotomania's profits of $133. 8 million decreased by (1, 2)% on the run and by (7, 5)% on the full year.
Playtika announced the payment of a quarterly dividend.
Playtika's Board of Directors announced the payment of a debenture foreign exchange dividend equivalent to $0, 10 for the promotion of traditional promotions in the profession, to be paid on October 4, 2024 to promoters registered at the closing of the business day on September 20, 2024. Future dividends will depend on market standards and promotions of the Board of Directors.
According to the results for 2024, the company is further expecting profits to be at the lower end of the previously indicated spectrum of $2, 52 - $262 billion, the EBITDA indicator after loan adjustments will remain in the middle of the indicated spectrum of $730 million, and serious expenses are in the place spectrum of $95 - $100 million.
Reading time: 3 minutes
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Navigating the iGaming Industry as a Start-Up
Venturemax Group director Pierre Micossoud actually talks about how the Igaming world reveals a wide range of skills for new companies full of extravagant thinking, unless you can avoid the pebbles under the surface.The global online gambling industry needs brilliant minds, creative talents and people with a strong entrepreneurial spirit at every turn.
The stories about spar are endless, from the acquisition of boutique studios for hundreds of millions of dollars to the merger and integration of top operators with international popularity. But some companies get into trouble while others get into trouble.
This is due to the fact that navigating the online gambling industry is not easy. This is because of the mining background, where a wrong move can mean a game changer. To rise to the top, you need not only a great idea or a clever product, but also financial backing.
Finally, start-ups are required to master all areas of the business, from product features and customer skills to customization, differentiation, marketing and fundraising. And in this case, victory is not a given.
Let’s look at some data in key areas and how startups can get around the barriers.
Regulation, Licensing, Compliance
As soon as the regulatory switch was made, most of this map went from grey to snowy white. This has presented a wide range of opportunities for organizations, but also new challenges.
Operators, suppliers, and other providers need to obtain licenses and certifications to operate in regulated jurisdictions, and the requirements vary from market to market, but this is easier said than done.
Most organizations have a dedicated department to obtain important approvals to enter the market, and a compliance team that checks compliance on a daily basis. The cost of non-compliance is very high and can be fatal for a startup.
Therefore, consider forming a dedicated team to meet all regulatory requirements, even if it is just one person.
Stand out from the crowd
These capabilities are becoming evident in the industry, and it is not surprising that many startups are pursuing them. This basically means that there is an urgent need to introduce something new as a way to stand out.
It could be something truly innovative. It could be a game format that has never been done before, a new mechanic, a development that solves a pain point, or research the best way to fix something that is already being done.
Technology is a big driver of innovation, and highly successful startups often have their own platform, conclusions, mechanisms, etc. that take the industry by storm.
Of course, this is not considered a prerequisite for success, and we have seen many startups that have become highly successful by improving on what has already been created.
In any case, startups need to make an impact, and copying others will not work. Therefore, be original and find a unique selling proposition that attracts new things.
Recruiting buyers at scale
One of the most important tasks of any business, whether B2B or B2C, is considered to be attracting buyers at scale. To do this, it is important to have a group advertising strategy that brings buyers together in the right space at the right time, supported by a message that actually evokes a response.
In such a competitive environment, it is important for companies and brands to be authentic and have a clear voice that speaks to the audience.
That's why it is very important for companies to clearly define the identity and purpose. It is also very important to clarify a channel that makes true connections with customers.
Digital marketing is very economically effective, tracking, and easy to optimize in real time if appropriate data is collected and analyzed.
That's why this kind of marketing is essential for B2B and B2C companies.
Securing initial funds
Most of the emerging companies face the need to raise funds for planning. Organic growth is always possible, but it takes time, so business can miss opportunities.
But finding an appropriate investment partner is easy to say. Some investors are ready to provide capital, but they do not want to be excessively involved in daily business management, while others are willing to control and participate more than the founders.
Startup companies need to think about how to be attractive to the appropriate investors. The Venture Max Group has an investment department, and there are clear standards that companies should meet before considering the possibility of partnership.
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Thus, despite the fact that you have to overcome many difficulties, those who can achieve our Igaming Startups will get a great reward.
Reading time: 6 minutes < SPAN>, so it is very important for companies to clearly define the identity and purpose. It is also very important to clarify a channel that makes true connections with customers.
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Maximising Game Success: The Advantages of Partnering with a Distribution Partner
Digital marketing is very economically effective, tracking, and easy to optimize in real time if appropriate data is collected and analyzed.That's why this kind of marketing is essential for B2B and B2C companies.
Securing initial funds
But finding an appropriate investment partner is easy to say. Some investors are ready to provide capital, but they do not want to be excessively involved in daily business management, while others are willing to control and participate more than the founders.
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- In addition to providing funding to emerging companies, we want to share our abundant experiences and help companies can get through this wonderful industry.
- Reading time: 6 minutes, it is very important for companies to clearly define the identity and purpose. It is also very important to clarify a channel that makes true connections with customers.
- That's why this kind of marketing is essential for B2B and B2C companies.
- Most of the emerging companies face the need to raise funds for planning. Organic growth is always possible, but it takes time, so business can miss opportunities.
- Startup companies need to think about how to be attractive to the appropriate investors. The Venture Max Group has an investment department, and there are clear standards that companies should meet before considering the possibility of partnership.
- There is a possibility of great growth on the early stage
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- In the video game life cycle, there are seven development stages: planning, pr e-production, production, test, pr e-trial, loan, and post production. After the release, video games begin to compete to get the attention of players, but there are many games, so it may be difficult to maintain their interest. Instead of relying on giant companies like Steam, cooperating with the distribution partner at the final stage of the game life cycle has a large strategic superiority, and several months after the release, the relationship of the game. Guarants to guarantee.
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How to effectively compete with a thir d-party distribution platform such as Steam