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NetEnt Expands Into Mexico’s Online Casino Market with Codere

Premium gaming solutions supplier NetEnt has announced that it will be introducing its offering in the Latin American region via an extension of its existing agreement with Codere; a Spanish gambling operator.

NetEnt has repeatedly pointed out that expanding into regulated jurisdictions has always been a crucial part of its growth strategy. The Mexican regulated online gaming market is set to become the latest to have the Swedish supplier’s games and solutions launched in, as well as the first one in the Latin American region.

Codere is a leading gambling operator in Mexico which operates in both the land-based and digital segments of the industry. NetEnt will be able to go live in the country via its partner’s licence.

The Mexican iGaming market, as well as the markets in other Latin American jurisdictions, have become particularly attractive to major gambling operators and service providers across the globe, holding great potential for profitability.

In a press release, NetEnt Americas LLC Managing Director Björn Krantz commented on the latest announcement, saying that they are very excited to be going live in Mexico with their partner Codere. He added that the agreement marks an important milestone for the company, particularly its entrance into the Latin American online gambling market.

Mr Krantz expressed confidence that NetEnt will be able to support Codere’s growth in Mexico’s online casino segment, and that local players will enjoy their gaming content.

The two companies first shook hands on a content distribution partnership back in 2015, when NetEnt was looking to enter the Spanish regulated market. A selection of NetEnt’s online casino games went live with the major gambling operator later that year.

Apart from its land-based and online presence in its domestic market as well as in Latin American regulated jurisdictions, Codere is also a leading gambling operator in Italy.

NetEnt’s announcement about entering Mexico comes merely days after the Swedish provider launched its Christmas-themed gaming title, Secrets of Christmas – a 5-reel, 25-line, 3-row slot which features funny and colourful symbols and exciting bonuses which capture the spirit of Christmas and create a festive atmosphere for players.

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LeoVegas Launches Silver Lion – New Lightning Box Games Slot

The new Silver Lion game from Lightning Box Games has been given an exclusive launch on LeoVegas.

The slot game will only be available to LeoVegas.com players until it goes to general release on December 7th.

The 5×4 reel, 1024-way slot features tribesmen and animals such as zebras, hippos, and meerkats, and takes players on a safari across the sweeping plains of the African Savannah in search of the mythical Silver Lion. Players can expect bonus rounds when the lion appears through the undergrowth, along with opportunities to win big prizes.

Designed and built in premium HTML5 for desktop and standard HTML5 for mobile, the game comes with graphics and soundtracks that transport the players to the heart of the wilderness.

Commenting on the game, Lightning Box Managing Director and Co-Founder Peter Causley said: “Silver Lion is a beautiful game which offers players big prizes by multiplying their stacked wins by up to 27 times. The math model behind the game ensures players are engaged and entertained in equal measure.

“It is a great addition to our growing portfolio, and the result of months of hard work from everyone here at Lightning Box Games. We are sure players on LeoVegas will enjoy playing the game as much as we enjoyed making it.”

Head of Casino at LeoVegas, Karolina Pelc, commented on the launch of the game: “We’re very pleased to once again deliver on LeoVegas’ promise of being the first with the latest. We’re confident that Silver Lion will be one of those popular games with all our players.”

Lightning Box Games also recently struck a trio of deals with online casino operators in the UK, with its Stellar Jackpots-Chilli Gold x2 title launching with bet365, Coral and Ladbrokes simultaneously.

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Mr Green Moves its Main Market Listing to Nasdaq Stockholm

Online gambling company Mr Green has announced that the company has officially moved its main market listing from Sweden’s mid-sized AktieTorget to the bigger Nasdaq Nordic Market.

The European iGaming operator was founded in 2007 and is now the 76th enterprise to list at Nasdaq’s Nordic markets in 2016.

Earlier last month, Mr Green’s governance stated that it would change its main listing, given that it was a “logical step” for the company’s long-term progression.

Mr Green also believed that its placement on the main Nasdaq Scandinavian market would help the operator in its quest to target international growth, helping it to attract a broader range of investors.

Commenting on the firm’s Nasdaq Nordic listing, Mr Green CEO Per Norman said: “We launched our new technology platform earlier this year and have already started to implement and deliver on our new business strategy, and there is no doubt that our customers like the new Mr Green.”

He added: “I am happy and proud of what our organisation has achieved in such a short period of time and look forward to our journey of change towards continued growth.”

Adam Kostyál, Senior Vice President and Head of European listings at Nasdaq, also commented: “We welcome Mr. Green to the Nasdaq Stockholm main market, where it will make a compelling addition to our consumer services sector.

“Mr Green is yet another example of an online gaming company leveraging Nasdaq Stockholm as a platform for future growth, and we congratulate the company on its listing.”

Reuters reported Mr Green’s financial targets in conjunction with the new listing, stating that the company plans to achieve annual organic growth that exceeds the online gaming industry.

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PokerStars First to be Granted Online Poker Licence in Portugal

PokerStars, subsidiary company of Amaya and the largest online poker cardroom in the world, is now the first company to be granted a casino and poker licence to operate its website in the Portuguese market.

The Serviços de Regulação e Inspeção de Jogos (SRIJ) national regulatory body has confirmed that it has awarded the online poker licence to REEL Europe Ltd – a division of Amaya – who will operate the PokerStars website, Pokerstars.pt.

The new website is currently under development, displaying a “coming soon” splash screen. Following the recent Portuguese gaming laws, however, when the site does eventually launch, betting services will be limited until a deal is struck to share liquidity with other regulated gaming markets within the European Union, such as Italy, Spain and France.

The SRIJ licence entitles PokerStars to offer tournament poker, Hold’em and Omaha cash games, as well as Blackjack and Roulette. The new website will mark the first time for Portuguese players to be able to gamble legally on PokerStars since the company left the market in July 2015 following the country’s adoption of new gambling regulation.

PokerStars made its official debut in Bulgaria’s new regulated market and was joined earlier this month by Bet365’s iPoker skin. The duo has now been joined by GVC Holdings’ Bwin.party, which launched a Bulgarian-licenced poker site under its Bwin brand. The company has informed players that held Bwin poker accounts before the country imposed its new licensing regime where their old account info is no longer valid and they must open a new account.

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Playtech Appoints Armin Sageder as New Playtech BGT Sports CEO

Gambling software development company Playtech has announced that it has appointed Dr. Armin Sageder as CEO of Playtech BGT Sports.

The new division brings together Playtech Sports companies – BGT, Geneity, Unilogic, Mobenga, and Playtech’s internal Sports Trading team, and has over 600 employees based in Nicosia, Malmö, London, Vienna, Bremen, and Sofia.

Reporting to Playtech CEO Mor Weizer, Sageder will take responsibility for all business and customer relations of Playtech BGT Sports, and establish and lead a team to manage the division.

Not only did the new CEO found the online payments company Paysafecard, but he also founded BGT in 2005. Earlier this year, Sageder and his co-shareholder sold a large number of their shares to Playtech. He will remain a 10% shareholder of the Playtech BGT Sports division.

Commenting on his new position, Sageder said that he is very excited about the opportunity, adding: “When combining the BGT team spirit together with the extensive know-how and knowledge of all the great talent that exists across Playtech, we have the opportunity to create a powerhouse for the benefit of our clients and their customers.”

He explained that by doing so, they will invest further in their platforms, products, offering and services and will provide customers with a truly enhanced betting experience and maximize the benefits for their licensees.

He went on to say: “Furthermore, we will continue to provide operators with the expertise and capabilities they expect from Playtech and BGT as well as the relevant tools in order to allow them to differentiate their customer propositions and achieve their strategic goals.”

Weizer also commented: “I am delighted that Armin has accepted this role and I strongly believe he is the best person to take our sports offering to the next level together with the talent we have internally.

“Playtech BGT Sports will provide leading sports betting operators with best-in-class platforms and products as we well as a series of unique Omni-channel solutions that we believe will continue to revolutionize retail and online betting businesses alike.”

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NetEnt Launches New Slot Game – Warlords: Crystals of Power

Leading software development company NetEnt is giving its customers the chance to conquer the world and gain untold riches through its newest slot, Warlords: Crystals of Power.

The new title is one of the company’s biggest in-house creations to date, and the result is an animation-heavy production with mass audience appeal.

The game is set in an age where rulers spend their days waging war over lands and treasure, and following years of conflict, only three Warlords remain – the Barbarian, the Priestess, and the Samurai. Each Warlord holds a Crystal of Power that the others want to claim as their own.

The 5×3, 30-line game offers a triple dose of excitement with three different types of free spins, which each correspond to one of the character symbols. Striking three different scatter symbols will activate the battle between the three Warlords – and the chance to win big prizes.

NetEnt CPO Simon Hammon commented on the new game: “An incredible amount of effort has gone into the creation of the game and the storytelling of Warlords: Crystals of Power. We are thrilled with the 3D graphics, soundtrack and gameplay, the result is simply stunning.”
He went on to say: “Players will be blown away by the attention to detail, especially the animations and interactivity of the characters. We have really pushed the boundaries with this game, and are confident our customers and their end users will enjoy the result.”

NetEnt has been a true pioneer in driving the gambling market since its inception in 1996, providing players with thrilling games powered by its cutting-edge platform. With innovation at its core, NetEnt is committed to helping its customers stay ahead of their competition. The company is listed on Nasdaq Stockholm and has offices in Stockholm, Malta, Kiev, Gothenburg, and Gibraltar.

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Cherry Launches XCaliber – B2B Gaming Technology Business Area

Swedish gaming company Cherry has announced their launch of XCaliber, a new fully independent gaming technology B2B business area. This centre of technical gaming innovation and service will allow Cherry to present and sell its innovative gaming platform and technology to operators and partners.

This expansion into a new business area will also create further shareholder value and growth while boosting Cherry’s position in the industry.

With the XCaliber business area, Cherry will deliver to the market their tracking software tool Omarsys along with its payment and fraud aggregator system and gaming platform.

XCaliber will be headquartered in Malta while having the support team in Poland. Cherry iGaming Chief Technology Officer Dario Arruda will take on the role of CEO of XCaliber.

CEO of Cherry AB Fredrik Burvall said:  “XCaliber will continue to support Cherry to grow faster than the market and we now have five business areas with different diversified revenue streams which is following the strategy we rolled out two years ago. This also enables the entrepreneurs Cherry have within the company to expand and grow within the Group.”

Jonas Wåhlander, CEO of the Cherry iGaming also commented:  “Having invested heavily in our technology over the past few years, the launch of XCaliber is the natural next step for the Cherry Group. We know our tools and infrastructure are market-leading propositions and we’re thrilled that we can now share them with the rest of the industry. XCaliber will continue to generate direct and incremental value to Cherry iGaming’s brands, as well as for incumbent and future business partners.”

CEO of XCaliber, Dario Arruda concluded:  “We’re really excited to be launching XCaliber. A huge amount of work and investment has gone into our technology and we are constantly pushing for further technological innovations. It makes perfect sense to make these solutions available to partners who know that they will have access to the same technology platform, services and potential that have helped make Cherry iGaming’s brands to grow so successfully. Our approach has always been to do well by doing good and we see growth and profit as a natural by-product of success.”

UKGC Says Online Gambling is Dominant in UK market

According to the latest set of figures released by the UK Gambling Commission (UKGC), online gambling is the largest form of gambling in the UK market.

Covering the period between April 2015 and March 2016, the statistics reveal that online gambling accounts for 33% of all gambling activity in Britain, generating a gross gambling yield (GGY) of £4.5 billion to online operators within that period.

The gambling industry generated an overall GGY of £13.6 billion within those 12 months, with retail betting accounting for £3.3 billion and land-based casinos bringing in a total of £1 billion.

The UKGC also reported that since September 2016, there were 8,709 betting shops in the UK, representing a decrease of 1.8% on the previous year.

The amount of bingo premises in the country has also declined, dropping by 4.3% to 575 locations between March 2016 and September 2016.

UKGC Programme Director James Green said: “Our latest statistics show that with the growth in online gambling the industry is increasingly taking a creative approach to using technology to engage consumers.

“As the online sector grows operators will also need to demonstrate that they are taking an equally innovative approach to ensuring gambling is safe for all online consumers.”

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Playtech Officially Launches New Prestige Baccarat

Online gambling software development company Playtech has officially launched its new Prestige Baccarat live dealer casino offering.

The provider announced the second instalment of its Prestige live casino suite on Tuesday, following last year’s launch of Prestige Roulette.

Prestige Baccarat is staged in a newly designed environment, offering a custom designed red cloth on the tables, backdrops featuring the Chinese symbol for good luck, a roster of “hand-picked” dealers that are capable of conducting affairs in a variety of languages, and a series of specially positioned cameras that focus on the “squeeze” element of Baccarat.

The game showcases Playtech Live’s first re-engineered user interface. Following the release of HTML5 Roulette, Prestige Baccarat has been built in close co-operation with licensees. Playtech has combined discovery sessions and customer feedback with dealers chosen for their Baccarat skillset and native languages depending on which option players select.

Playtech Live Head of Innovation Kevin Kilminster commented: “A great deal of research, development and close co-operation with licensees has gone into what we are confident is the best live Baccarat product on the market.

“The newly refined live game contains the classic squeeze variations, as well as the squeeze logic associated with one of the most popular casino games in the world. The feedback has been very positive so far and we’re sure it will go from strength-to-strength.”

COO for Playtech Shimon Akad added confidently: “Prestige Baccarat and the Prestige suite of products marks the beginning of a very exciting journey, with Playtech Live unveiling its next generation of live casino games, platform technology and software that we believe will take live casino to an entirely new level of product capability, performance and personalisation.”

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EveryMatrix Appoints Matthew Colledge as New CTO

Leading iGaming software provider EveryMatrix has updated the market, confirming the appointment of Matthew Colledge as its new Group Chief Technology Officer (CTO).

Industry IT veteran Colledge is joining EveryMatrix operations from sports betting solutions provider Offsidegaming, where he led the technology and product development departments as CTO between 2011 and 2016.

EveryMatrix governance was pleased to have secured Colledge’s services, stating that it had gained an experienced CTO with a strong understanding of the industry innovation, business operations, and delivering on iGaming and betting projects.

CEO Ebbe Groes commented on the appointment, saying: “Matt’s leadership in technology caught our attention some time ago and we are happy to have him join our ranks. With his wealth of industry experience and technical skill set, he will oversee ongoing operations and provide the ideal boost for our present drive to increase capacity, top-notch technical support and faster development.”

Colledge joins the EveryMatrix team as the company expands its industry services internationally. Throughout this year, EveryMatrix has informed the market that it has gained 26 new clients, making it one of the fastest-growing technology providers in the sector.

Commenting on his appointment, Colledge said: “EveryMatrix is known in the industry for its ability to come with a flexible approach towards providing software solutions that can respond to operators of all sizes. I am happy to provide the leadership to deliver along with my colleagues a solid and secure infrastructure, a reliable gaming platform and exciting products.”

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