World’s leading B2B marketplace facilitates new partnership that will see full suite of Platipus titles added to popular iGaming platform provider’s library Monotech

world’s-leading-b2b-marketplace-facilitates-new-partnership-that-will-see-full-suite-of-platipus-titles-added-to-popular-igaming-platform-provider’s-library-monotech
World’s leading B2B marketplace facilitates new partnership that will see full suite of Platipus titles added to popular iGaming platform provider’s library Monotech

Latest News

Live casino provider cuts the ribbon on new Sport Studio and launches first football-themed dice game that will appeal to sports fans and bettors alike

Published

5 mins ago

on

August 14, 2024

Reading Time: 2 minutes

BETER Live, the provider of premium live casino content, is going for goal with its latest title, The Kickoff. This football-themed live game promises non-stop action with the game broadcast out of the provider’s brand new and state-of-the-art Sport Studio.

The Kickoff, which has been designed to draw in crowds of both sports fans and betting enthusiasts, is set in a modern yet miniature stadium split into two opposing teams – the red team and the blue team.

The game takes the two-dice format with three-way betting options and a unique take on guessing the correct score with dynamic Multipliers also in play. This is a fast-paced game that will have players chanting and cheering as the action plays out across the stadium.

To win, players must predict the outcome of the dice roll – they can either pick which coloured dice will win (red or blue), that the outcome will be a draw (so both dice show the same number) or match the correct score.

The Kickoff is the first game to be broadcast out of BETER Live’s Sport Studio, which boasts cutting-edge video, audio and streaming technologies. It will be followed by other live games with each offering fast-paced rounds and a thrilling, competitive experience.

BETER Live has quickly emerged as a must-have live content provider for operators looking to take player engagement to the next level. It is renowned for the quality of its games, which are proven to entertain players in core regulated markets across the world.

Edvardas Sadovskis, Chief Product Officer at BETER Live, shared his excitement: “As we continue to grow with a diverse and expansive range of product offerings, we’re thrilled to introduce our new release The Kickoff in our sports-themed studio. This game is designed to immerse players in a dynamic football stadium atmosphere.”

“The Kickoff is a simple yet exhilarating game with fast-paced rounds and a unique betting option on Correct Score. Each round brings random Scores, each with its own multiplier, keeping players on the edge of their seats with a pulse-raising experience. Players never know what to expect, adding to the thrill and excitement of the game.”

“Following The Kickoff, we’re excited to roll out our next sports-themed offering in this studio, the Top Card game, where two cards compete head-to-head. This game will feature a unique option to customize game outcomes to align with events happening in the sports calendar, adding another layer of excitement for players. We’re confident that these innovations will solidify our reputation as a must-have provider of premium live content, and we can’t wait to share more exciting games with our players in the coming months.”

Affiliate Industry

QiH Group unveils full sports betting vertical ahead of Premier League kick off

Published

14 mins ago

on

August 14, 2024

Reading Time: 2 minutes

UK-based top affiliate QiH Group has diversified into the online sports betting arena for the very first time ahead of the new Premier League season this Friday.

The new launch will cover four sports initially – horse racing, football, boxing and the NFL – across digital marketing channels Google, PPC, SEO, programmatic, Facebook, Snapchat and Twitter.

The launch will be led by the affiliate’s new-look Podium Bets brand, which showcases the best online sports betting operators alongside daily promotions, best odds guaranteed, and free-to-play games.

QiH capitalised on the intense interest during this summer’s Euro 2024 tournament to perform a successful soft launch of the sports betting division.

This culminated in the execution of 350 campaigns across paid channels, which delivered a prospect list of more than 25,000 sports customers and approximately 7,500 conversions.

Double trouble

The number of operator partners onboarded into QiH sports also more than doubled in the last two months, as the quality of the customer offering was improved and implemented.

QiH Group chief marketing officer David Murphy expects the new division to contribute 15% to revenue activity in FY ‘24/’25.

“The Euros were the launchpad of a long-held ambition for the company to expand into sports and it has been a fantastic success,” says Murphy.

“It is a strategic goal for QiH to deliver not just volume, but also quality, by targeting sports enthusiasts in quality channels while ensuring that our partners can jointly prosper in our vertical expansion.

“We are committed to providing sports fans with the same level of excellence and innovation that has defined our market-leading casino offerings.

“I am incredibly proud of our team’s efforts to expand into sports betting. This is just the beginning, and we have a lot more in store for end users and crucially, our operator partners,” Murphy concludes.

Sports-focused Podium Bets has gone straight into the QiH brand portfolio alongside premium casino offerings such as SlotsWise and StrikeWild.

Camilla Rodrigues, Affiliate Manager for Betrino, said: “Since partnering with Podium Bets at the beginning of this year, we’ve seen remarkable growth in our business. Their team has been exceptional in understanding our unique needs and crafting strategies that have yielded fantastic results. Thanks to their expertise, we’ve not only exceeded our initial expectations but have also been able to onboard more brands, further expanding our reach and success in this space.”

James Dominique, Affiliate Manager at Lottoland, said he’s been impressed with Podium Bets’ results in just a short amount of time: “We’ve recently launched with Podium Bets and have seen some fantastic results so far. Our account manager has been outstanding in onboarding our unique brand, which isn’t a typical sportsbook, and finding a way to make it profitable for us.”

Latest News

Golden Matrix Group (GMGI) Q2 Earnings Results (Interview Opportunity)

Published

19 hours ago

on

August 13, 2024

Reading Time: 2 minutes

Golden Matrix Group, Inc.

(NASDAQ: GMGI)(“Golden Matrix”, “GMGI” or the “Company”), a developer and licensor of online gaming platforms, systems, and gaming content, is pleased to

announce its financial results for the second quarter of 2024 and year to date, demonstrating robust growth and continued operational success.

  • Second quarter consolidated revenue grew 75% to $39.4 million, compared to the second quarter of 2023, a continuation of the strong trend shown in the last quarter whilst YTD revenue grew by 41% to $64.3 million, compared to the first half of 2023.
  • Second quarter consolidated gross profits increased by 31% to $21.7 million and YTD gross profits also increased by 17% to $39.4 million, each compared to the same periods in 2023.
  • Second Quarter Net Income of $15,000 impacted by non-cash items as well as considerable one-off acquisition, restructuring and implementation costs related to the recent acquisition.
  • Second quarter consolidated Adjusted EBITDA (AEBITDA) was consistent at $5 million, compared to the second quarter of 2023, while recognising the one-time costs of completion and implementation of the Meridianbet – Golden Matrix acquisition.
  • Shareholders’ equity of the Company grew 52% to $89.5 million, compared to December 31, 2023.
  • Net Debt Leverage ratio of only 1.6 as of June 30, 2024.
  • Cash on hand as of 31st July at over $40 million, a 96% increase over December 31, 2023, cash on hand of $20.4 million.

Brian Goodman, CEO of Golden Matrix Group, commented, “I am pleased to report that the consolidation of Meridianbet has been seamless, and we have gained strong momentum following the acquisition, as evidenced by our successful results. Our second quarter delivered exceptional results, driven by operational success across all business units. We have maintained high performance through product diversity and cross-platform initiatives.”

Zoran Milošević, CEO of Meridianbet, added, “Meridianbet’s key performance indicators for this quarter reflect its strong performance, ongoing growth and market expansion.

The solid results of this past quarter are further evidence of our belief that our strategy and positioning to capture the opportunities ahead

of us are sound and are expected to lead to further growth and scale.

The quarter has been marked by significant achievements and promising opportunities and I am excited about the future of this newly consolidated and diversified business.”

European Gaming Congress 2024 (Warsaw, Poland)