Casino & Slots
NETENT REVENUE SURGES 37% IN Q2 AS LOCKDOWNS HAVE POSITIVE EFFECT
iGaming
NETENT REVENUE SURGES 37% IN Q2 AS LOCKDOWNS HAVE POSITIVE EFFECT
Image credit: NetEnt
Online casino supplier NetEnt has reported a 37% rise in revenue for the second quarter of 2020.
NetEnt generated SEK 573m ($63.2m USD) in the quarter, up 37% year-on-year. Including its Red Tiger subsidiary, on a proforma basis, revenue was up 15%. EBITDA was up 49% over 2019, at SEK 299m, while earnings after tax came in at SEK 88m, down 27%.
The company’s strong second-quarter results bring its revenue for the first half of 2020 to SEK 1.09bn – up 30% on 2019’s figures. EBITDA for the period was SEK 528m, up 33%, but earnings after tax fell by 29%.
Q2 was busy for NetEnt, with the supplier entering regulated markets in Switzerland, Croatia, and Colombia, a record 19 new slot games released (9 from NetEnt and 10 from Red Tiger), and Evolution Gaming offering SEK 19.6bn to acquire NetEnt.
Reflecting on the results NetEnt CEO, Therese Hillman, said:
“The coronavirus pandemic continues to impact people and companies around the world. There are signs that the rapid changes in consumer behavior caused by the pandemic will further speed up the digitalization of a number of industries, including entertainment such as gaming. Just like in other online industries, the major lockdowns in some of our big markets (UK, US, Italy and Germany) led to a positive effect on revenues in April and May, followed by a more normal pattern in June as those economies gradually opened up.
“Hard work and transformational steps taken in the past year are now starting to create value. We remain fully committed to continue on this path and with growth engines such as USA, Red Tiger and Live Casino, I feel that we are well positioned to continue delivering profitable growth and strong cash flows for the rest of this year and onwards.”
AYO.NEWS says:
2020 might be the worst year in living memory for many businesses, but there’s no doubt that things are looking up for NetEnt. If the acquisition by Evolution Gaming goes ahead, we’ve no doubt the new business will be in an even stronger position to make the most of the rapidly expanding US online gaming market.
‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates.
All original content featured on this site is © Pentagon Digital Limited, 2020
With several years experience in the igaming and sports betting industries in Malta under his belt, over the last few years Oliver has developed a passion for blockchain and an interest in esports. He’s also a published novelist and has a background in art and photography.

With Latin American iGaming markets like Colombia booming, and nascent markets like Argentina coming online, Simona catches up with Vera Motto, Business Development Executive at Habanero, to talk about the exciting opportunities in the region, and the company’s recent partnership with US-based Rush Street Interactive.
You can find out more about Habanero at https://habanerosystems.com/
CCO of Internet Vikings, Rickard Vikström
On August 11 at 15:00 CET one of the biggest registrars in Europe, Internet Vikings, will conduct a free webinar on efficient domain management. The event will be open to everyone and will help attendees to learn how to protect brands on the Internet.
Registering domain names requires thoughtful planning. Any company striving to build a solid online presence must create an efficient system that will protect its assets, specifically brand name. Lacking strategy on the stage of registration could cost a company a significant amount of resources in the future.

Being aware of that, Internet Vikings has chosen efficient domain management and brand protection as the topic of their next webinar. It will be conducted on August 11 from 15:00 to 15:30 CET and will be open to everyone wanting to attend.
During this 30-minute event, participants will learn:
- how to use data to find, evaluate and buy domains
- how to acquire the name registered by someone else
- how to resolve disputes and handle regulations upon registration
- how to monitor competition activities
The speaker of the webinar is the founder and CCO of Internet Vikings Rickard Vikström. He has been working in the IT-industry since 2004. Being actively involved in this business for more than 15 years, Rickard and his team have helped hundreds of customers all over the world to secure their assets.
“Creating an effective system is not that difficult if you know some key principles. Our goal with this webinar is to present these principles and suggest some practical tips to implement them”, says Rickard.
To join the event, click the link below and fill out a simple form. This the event is definitely worth of 30 minutes of your time :
https://internetvikings.clickmeeting.com/how-to-protect-your-brand-with-domain-names/register
This webinar will not be the first one conducted by Vikings. Last month they organized the event devoted to hosting optimization where Rickard shared ways to reducing expenses for hosting and creating an efficient IT-environment.
About Internet Vikings
Internet Vikings is a Swedish-based provider of hosting, domain names and IT-solutions for securing online visibility. The company was founded by Rickard Vikström and Victor Jerlin in 2008. Since 2015 Internet Vikings has been focusing on iGaming as the primary market and has attracted several well-known operators, like Green Jade Games and Wunderino, as their clients. Over the last year, Internet Vikings significantly increased their potential when such prominent iGaming experts as Jesper Kärrbrink, Peter Ekmark, and Stefan Backlund joined their team to become the Chairman of the Board, CEO, and Board Member, respectively.
Image credit: Zynga
Zynga Inc., has announced it is acquiring Istanbul-based mobile games developer and publisher Rollic.
The deal will see San Francisco-based Zynga acquire 80% of Rollic for $168 million USD in cash, with the remaining 20% to be acquired over the next three years, in equal installments at valuations based on specific profitability goals.
Rollic’s portfolio of hyper-casual games have been downloaded more than 250 million times, and its acquisition will mark Zynga’s entry into the rapidly growing hyper-casual mobile gaming market.
Founded in December 2018 by Burak Vardal, Deniz Basaran and Mehmet Can Yavuz, Rollic is one of Turkey’s leading game publishers. Eight of the company’s games have ranked as the #1 or #2 most downloaded free games in the US App Store.
Rollic’s latest releases, Go Knots 3D and Tangle Master 3D, were the two most downloaded games in the US App Store in Q2 2020. The company says its games now have more than 5 million mobile daily active users (DAUs), and 65 million mobile monthly active users (MAUs).
Discussing the news Chief Executive Officer of Zynga, Frank Gibeau, said:
“We are excited to expand into the hyper-casual category with the acquisition of Rollic, one of the fastest growing hyper-casual developers and publishers worldwide in 2020, led by an incredibly creative team.
“With Rollic, we are meaningfully growing our audience, expanding and diversifying our global advertising business, and adding to our game pipeline and developer network. Zynga and Rollic are well-positioned to grow faster together.”
While founder and CEO of Rollic, Burak Vardal, added:
“The Rollic team is proud to be joining Zynga. Our expertise in hyper-casual is a seamless fit for Zynga’s proficiency in product management, data science, ad monetization and world-class publishing. With Rollic’s robust slate of existing and new hyper-casual games joining Zynga’s portfolio, we look forward to advancing our collective mission to connect the world through games.”
AYO.NEWS says:
With the rise of skill-based and social gaming, plus the intertwining of video gaming and esports in general with the gambling sphere, companies like Rollic are well positioned to capitalise on a world of opportunities as we move forward.
Interestingly, Turkey has become something of a hub for the mobile gaming industry. In addition to Zynga and Rollic, the country is also home to Good Job Games, Ruby Games, Alictus, Bigger Games, and Dream Games.
‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates.
All original content featured on this site is © Pentagon Digital Limited, 2020
Blaine Graboyes, CEO of GameCo (image credit: GameCo)
Las Vegas-based gambling company GameCo has launched esports and skill-based iGaming betting brand iGameCo.
According to the company, iGameCo will provide three offerings: skill-based iGaming, freeplay gambling, and esports betting – all available for regulated domestic and international mobile casinos and sportsbooks.
Tailored specifically for the North American sports betting market, iGameCo’s full-service esports betting solution combines an esports data platform, developed by German data provider GRID, with a desktop and mobile front-end offering odds and trading.
Discussing the launch CEO and Co-founder of GameCo, Blaine Graboyes, said:
“iGameCo is the culmination of years of research and development in combining video games and esports for regulated casinos and we’re proud to bring our leadership in land-based Video Game Gambling to digital casinos and sportsbooks.
“We invented the first-ever skill-based games for retail casinos and now we’re expanding the category to bring this experience to regulated gaming markets worldwide, providing casinos with the products to attract and monetize the next generations of customers.”
GameCo has also been granted a Casino Service Industry Enterprise License by the New Jersey Division of Gaming Enforcement, allowing it to offer its portfolio of products and services, including esports betting, to New Jersey casinos and sportsbooks.
The company is now licensed in more than 25 jurisdictions across North America and Europe.
AYO.NEWS says:
GameCo has been a trailblazer in merging true video gaming with gambling in the land-based sector, so offering an online esports betting solution seems like a logical progression. We’ve got a feeling more traditional iGaming companies will start following GameCo’s lead as they try to engage Millennials and Gen Zs.
‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates.
All original content featured on this site is © Pentagon Digital Limited, 2020
Buenos Aires, Argentina (Image credit: Sander Crombach)
Gaming Innovation Group (GiG) has signed a head of terms agreement with Grupo Slots, with a view to entering the Buenos Aires online gaming market.
Malta-based GiG says the final partnership with the Argentine gaming and entertainment group should be signed before the end of Q3 2020, giving it access to the regulated online gaming market of the Argentine capital province.
Under the terms of the deal, GiG will supply Grupo Slots with a full online turnkey solution, including an online gaming platform, sportsbook, front end development, GiG’s data platform, and GiG Logic.
Based in San Luis, Grup Slots operates casinos, gambling, bingo halls, lotteries, hotels, restaurants, and convention centres in over 20 locations across Argentina, and the company already has a regulated online presence in Buenos Aires, with its Jugadon.com site.
However, with the gambling market in Argentina thought to be worth over €350m, and online only accounting for around 7% of that, there is clear potential for considerable growth, and Grupo Slots is obviously keen to invest in its online presence.
Discussing the partnership GiG CEO, Richard Brown, said:
“We see a great potential in the regulated environments within Argentina as that market is in the early transformation from offline to online gambling, and to partner with one of the largest and premier land-based operators in the market is a great opportunity to showcase our product in the LatAm market while delivering the platform for online gambling transformation for Grupo Slots.”
While General Manager of Grupo Slots, Juan Ignacio Torres, added:
“We are extremely pleased to have reached this agreement with a company like GIG, an international company with extensive experience, which demonstrates a high level of seriousness and excellence in the field of online gaming.
“On our part, we also contribute 35 years of experience, innovation, infrastructure and knowledge of the Argentine gambling market, currently being one of the few operators with online gaming presence (www.jugadon.com). This agreement complements us and gives us a tool of quality and excellence to continue growing in this market with so much future potential”
The agreement sets out a minimum contract of four years, with an automatic extension of one year, and is based on a revenue share model, plus set-up fees.
AYO.NEWS says:
Argentina is taking an unusual, and some would say cumbersome, approach to gambling regulation – with each province able to introduce its own legislation and rules. However, Buenos Aires Province, with its population of more than 16 million, is clearly a potentially lucrative market on its own.
And, with the COVID-19 crisis wreaking economic devastation across South America, it seems likely politicians and regulators will become friendlier to online gambling and its tax revenue potential. So, who knows, maybe we will see Argentina change tack and adopt a more efficient, national-based regulatory system in the near future?
‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates.
All original content featured on this site is © Pentagon Digital Limited, 2020
Image credit: Betgames.tv
Live dealer betting games supplier BetGames.TV has partnered with Logrand Entertainment Group in Mexico.
The deal has seen BetGames.TV’s entire portfolio, including classic live games like Wheel of Fortune, Baccarat and 6+ Poker, go live with Strendus, Logrand’s main Mexican brand.
It is just the latest in a string of strategic partnerships the supplier had signed across Latin America in recent months, and further enhances its presence in the rapidly growing region.
BetGames.TV is licensed in multiple jurisdictions, including the UK, Malta, Italy, and South Africa, and has certifications pending in Sweden and Colombia.
Commenting on the news LatAm Sales Director at BetGames.TV, Eddie Morales, said:
“We’re thrilled to be partnering with Logrand Entertainment Group and making further inroads into the vibrant Latin American market.
“Strendus is the most secure online entertainment platform in Mexico and our award-winning selection of cutting-edge live dealer betting games will be a great addition to this dynamic online gaming brand.”
While Director of Online Operations at Logrand Entertainment Group, Lenin Castillo, added:
“Logrand Entertainment Group is one of the most innovative companies in the entertainment industry and a force to be reckoned with in the Mexican gaming sector.
“We are confident that by having a strategic partner such as Betgames.TV, our Strendus platform will reinforce its leadership by offering international content that exceeds the expectations of our users.”
All original content featured on this site is © Pentagon Digital Limited, 2020
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