Red Tiger Live With 888casino In Spain European Gaming Industry News
Red Tiger Live With 888casino In Spain
Slots from the award-winning casino games and software provider Red Tiger are now available on the 888casino. es website.
The agreement includes a wide lineup of the operator's popular games, such as "Mystery Reels", "Dragon's Fire MegaWays TM" and "Pirates' Plenty - Battle for Gold", with more to come.
The agreement also allows Spanish players to continue to take advantage of Red Tiger's famous daily jackpots.
Red Tiger's Chief Commercial Officer Chris Looney said: "We are pleased to partner with 888casino. es, a well-established online casino with a great track record and a large player base.
"Spain is a vibrant and growing country with exciting payment opportunities.
"We want to offer our customers a wider range of games to ensure a better and more enjoyable experience.
"We are pleased to be able to play Red Tiger's games on our platform. We look forward to offering Red Tiger's games to our Spanish customers.
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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% quarter-on-quarter 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 strategic initiatives focused on the endurance and potential of our flagship games and the bustle of our portfolio. We are actively exploring the ability to expand our game reach through mergers and acquisitions. Our focus is focused on finding studios that complement our play and make long-term costs," said Robert Antolol, Principal Executive Director.
"Our focus on direct buyers and strict alignment to control operational costs has led to notable improvements in alternative-based profitability characteristics. We are taking steps to ensure sustained increases and profitability and protect loyal from creating long-term prices for our players and shareholders, and this focus and our focus on execution remain unwavering," said Craig Abrahams, President and Chief Economic Officer.
Individual Business Characteristics and Key Business Drivers
The average daily paid users was 298 thousand, down alternately by (3, 6)% and (2, 9)% on an annualized basis. Average pay conversion was 3, 7% compared to 3, 5% in the first quarter and 3, 6% in the second quarter of 2023. Revenues from casual games were down (4, 3)% in the turn and down (1, 7)% in the year. Revenues from games in covered public casinos were down (2, 9)% and (3, 4)% on an alternating basis. Bingo Blitz revenues were $155. 7 million, down (1, 2)% and (0, 4)% on an alternating basis. Revenues from travel in June were $746. 0 million, down (2, 6)% in the turn and up 1, 9% in the year. Slotomania profits of $133. 8 million were down (1, 2)% in the turn and down (7, 5)% in the year. Playtika announced the payment of a quarterly dividend.
The Board of Directors of Playtika 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 the promotion 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 adjustment for loans 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
Pierre Miksoud, director of the VentureMax Group, said: "The Igaming-universe reveals a wide range of skills for new companies full of luxurious ideas, as long as they can avoid the pebbles under the surface."The online gambling industry around the world has always attracted people with intelligent brains, creative talents, and strong entrepreneurs.
From the acquisition of a boutique studio for hundreds of millions of dollars to the merger and integration of firs t-class operators, the turmoil has no time. However, some companies succeed, while others fail.
This is due to the fact that the online gambling industry is not easy. This is a mine field, which means the end of the game if you make a mistake. To reach the top, you need not only excellent ideas and wise products, but also economic support regardless of size.
As a result, emerging companies need to master all aspects of business, from product characteristics and customer skills to regulations, differentiation, marketing, and funding. And even in this case, victory is not natural.
Look at some of these important areas and see how to avoid the disability facing emerging companies.
Regulation, license, compliance
When the branch switched to regulation, most of the maps changed from gra y-like color to white like snow. This brought a great chance to the organization, but also brought new tasks at the same time.
Operators, vendors, and other suppliers need to obtain licenses and authentications to enter the market in a regulated jurisdiction, and the requirements vary from market to market, but this is difficult to say.
Most organizations have specialized departments to obtain important permission to enter the market, and compliance teams that monitor compliance every day. The cost of compliance violations is very high, which can be fatal for young companies.
Therefore, consider organizing a specialized team that meets all legal requirements, even if you are alone. That's because it leads to lon g-term business.
Make a difference from others
This industry has revealed such abilities, and in fact it is not surprising that many emerging companies are pursuing this ability. In other words, in order to stand out, it is necessary to provide something new.
It is truly innovative, such as unprecedented game format, exciting mechanics, development that solves problems, or research on the best way to organize what is already being done. < SPAN> The online gambling industry in the world has always attracted people with intelligent brains, creative talent, and strong entrepreneurs.
From the acquisition of a boutique studio for hundreds of millions of dollars to the merger and integration of firs t-class operators, the turmoil has no time. However, some companies succeed, while others fail.
This is due to the fact that the online gambling industry is not easy. This is a mine field, which means the end of the game if you make a mistake. To reach the top, you need not only excellent ideas and wise products, but also economic support regardless of size.
As a result, emerging companies need to master all aspects of business, from product characteristics and customer skills to regulations, differentiation, marketing, and funding. And even in this case, victory is not natural.
Look at some of these important areas and see how to avoid the disability facing emerging companies.
Regulation, license, compliance
When the branch switched to regulation, most of the maps changed from gra y-like color to white like snow. This brought a great chance to the organization, but also brought new tasks at the same time.
Operators, vendors, and other suppliers need to obtain licenses and authentications to enter the market in a regulated jurisdiction, and the requirements vary from market to market, but this is difficult to say.
Most organizations have specialized departments to obtain important permission to enter the market, and compliance teams that monitor compliance every day. The cost of compliance violations is very high, which can be fatal for young companies.
Therefore, consider organizing a specialized team that meets all legal requirements, even if you are alone. That's because it leads to lon g-term business.
Make a difference from others
This industry has revealed such abilities, and in fact it is not surprising that many emerging companies are pursuing this ability. In other words, in order to stand out, it is necessary to provide something new.
It is truly innovative, such as unprecedented game format, exciting mechanics, development that solves problems, or research on the best way to organize what is already being done. The online gambling industry around the world has always attracted people with intelligent brains, creative talents, and strong entrepreneurs.
From the acquisition of a boutique studio for hundreds of millions of dollars to the merger and integration of firs t-class operators, the uproar has no time. However, some companies succeed, while others fail.
This is due to the fact that the online gambling industry is not easy. This is a mine field, which means the end of the game if you make a mistake. To reach the top, you need not only excellent ideas and wise products, but also economic support regardless of size.
- Look at some of these important areas and see how to avoid the disability facing emerging companies.
- When the branch switched to regulation, most of the maps changed from gra y-like color to white like snow. This brought a great chance to the organization, but also brought new tasks at the same time.
- Most organizations have specialized departments to obtain important permission to enter the market, and compliance teams that monitor compliance every day. The cost of compliance violations is very high, which can be fatal for young companies.
- Make a difference from others
- It is truly innovative, such as unprecedented game format, exciting mechanics, development that solves problems, or research on the best way to organize what is already being done.
Technology is a great driving force in innovation, and emerging companies that are very successful often have their own platforms, conclusions, and mechanisms, and swallow the industry.
Of course, this is not considered a condition that is essential for success, and we have seen many startups that have been greatly successful by improving what they have already made.
In any case, emerging companies need an impact, and imitating their predecessors does not work. So finding a unique sales proposal that is original and that evokes something new.
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Maximising Game Success: The Advantages of Partnering with a Distribution Partner
Recruitment of larg e-scale buyersOne of the most important jobs in any business, whether in B2B or B2C, is considered to be a larg e-scale buyer recruitment. To do so, it is important to have a group advertising strategy supported by a message that gathers buyers in the appropriate space at the right time and actually reacts.
In such a fierce competitive environment, it is important for companies and brands to have a real and clear voice to speak to the audience.
Digital marketing is cos t-effective, tracking, and easy to optimize in real time, as long as the appropriate data is collected and analyzed if it is performed correctly.
Securing entrepreneurship funds
Most emerging companies face the need for funding to achieve their intentions. Organic growth is always possible, but it takes time, which can lead to the right timing.
However, finding a favorable investment destination can be difficult to say. Some companies provide capital but do not want to play an additional role in the daily management of the company, while others may claim their dominance and roles more than the founder wants to let go. There is.
Startup companies need to think about how to become an attractive company for appropriate investors. The Venture Max Group has an investment team, and there are specific aspects that companies should meet before considering the possibility of partnerships.
We are in the early stages of development with the possibility of a large upside.
It is a business with revolutionary freezing capabilities
- Become a business with innovative technology
- With a powerful founder team
- The existence of expandable and protected market opportunities
- We not only provide economic support to emerging companies, but also distribute our own luxury skills and help companies safely navigate this great industry.
- Reading time: 6 minutes
- Vadim Andrieev, a manager and c o-founder of Rokky, a mass game distribution platform that connects the world's public and shops, is the first year of launching video game sales, and these distribution like ROKKY He preaches the advantage of cooperating with his partner.
- How to effectively compete with major overseas distribution platforms like Steam
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ROKKY} How does overseas distribution platforms oppose large distribution platforms like Steam? Later, this indicator increased to 4%of the total sale of that year 2-4 weeks before the release. The peak of reservation sales was one week before the release, and at this stage, Publishers can plan for 12%of the first year's firs t-year game sales. At the pr e-ordering stage, Rokky prepares the average annual sales of 16 % of the game so that you can pr e-order games in focus on this importance.
Considering the release date, Rokky's annual sales will be 8%of the total. Compared to this, VG Insights indicates that the average of 12 % of the total sales will be triggered by Steam during the game release, and thanks to the release data accounting VG INSIGHTS, some have realized some on the first day. Is likely to flow. After this, the company's analysis will result in 15 % of the first week after the release. At the same time, Steam's first week of sales accounts for 22 % of the total sales.
After the release, it began to fall little by little, and in the first two to four weeks, ROKKY ranged from 7%to 4%a week and Steam from 14%to 5%. Rokky's reservation, release, and first monthly sales are combined, Rokky's annual sales reach 56%, and STEAM's annual sales reach 61%.
In the remaining 10 months, ROKKY is 43 % and Steam is 38 %, which accounts for almost the center of total sales. At the same time, changing the route on the right schedule actually indicates that the implementation using an extreme distribution platform as a whole is more slowly disappearing than steam.
- Thir d-party distribution platform provides services that are flexible and focused on buyers
- Cooperation with this distribution partner, such as Rocky, could provide a strategic advantage to the publisher. The extreme distribution platforms are expanding market scope, adaptation to changes in demand, minimizing the dangers associated with international sales, almost all others: almost all others: almost all: Almost all others all
- Market restrictions: Some states and regions have strict restrictions on resale of video games, and in fact, direct development through platforms like Steam has become complicated. Rokk y-like distributors, which have the skills to work in such markets, have all the opportunities to safely overcome similar obstacles and secure new audiences.
- The most flexible price setting: Steam is not every time, but it is almost instant for the configuration of the game demand and has the ability to provide bonuses and special offers in time. Distributors have any chance to adapt to the market situation and use a flexible price strategy.
- Localization and cultural devices: Distributors active in specific areas, like all other distributors, know the functions of the local culture, to support users in games, advertising campaigns, and native languages. There are all opportunities to provide related customized content.
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