Month: April 2022

Kampf joined Super Group from the Ambac Financial Group, where she served as managing director of investor relations for almost five years.

Prior to this, she was principal at strategic communications and public affairs consultancy Finsbury and also had a four-year spell as senior vice president at MF Global.

Kampf’s other roles during a 33-year career included senior director of investment relations at Fitch Ratings, first vice president of investor relations and corporate finance director for Instinet Group, and other finance positions at Goldman Sachs, Morgan Stanley and Ernst & Young.

She will report directly to Super Group chief executive Neal Menashe in her new role.

“I am excited to be joining Super Group at a pivotal time for the business,” Kampf said. “I look forward to working with management to help the investment community understand Super Group’s opportunity to enhance shareholder value as we build upon the Betway and Spin brands.”

Menashe added: “I am thrilled to welcome Lisa to Super Group to lead our dedicated in-house investor relations effort as we embark on our journey as a public company. Lisa is a seasoned IR professional with a deep understanding of investor relations, finance and capital markets which are vital to a successful investor relations program.”

The appointment comes after Super Group in January completed its merger with publicly traded special purpose acquisition business Sports Entertainment Acquisition Corp. (SEAC).

Prior to completion, the two businesses applied to list shares in the combined business on the New York Stock Exchange under the new ticker symbol ‘SGHC’, with the new, combined business to operate under the name Super Group.

Following confirmation of completion, ordinary shares and public warrants in the combined business began trading on 28 January under the ticker symbols ‘SGHC’ and ‘SGHC WS’, respectively.

Intema said the name change, which will come into effect on or around 11 April, reflects its activities across the esports and igaming sectors.

The group’s common shares will trade under the new name on the TSX Venture Exchange, along with a new ‘RGG’ trading symbol around the same time that the rebrands comes into effect. Intema added that there will be no consolidation or change in the share capital. 

The announcement comes after Intema in February completed its acquisition of Livestream Gaming, owner of the Loot.Bet server-based real-money gaming platform and esports betting brand.

In relation to this, Intema has now published the final exchange bulletin announcing the closing of the transaction, meaning that its funds and common shares previously held in escrow will be released to Intema and Livestream as applicable.

Upon completing the acquisition, Intema said the consideration payable would be held in escrow pending the posting of a filing statement on Canada’s SEDAR and issuance of the Toronto Stock Exchange Venture Exchange bulletin about the deal. 

Intema said the acquisition would trigger an automatic exercise of subscription receipts into common shares and warrants of Intema.

Also in connection with the acquisition, Intema released further information in regards to Livestream’s financial results, after the Loot.Bet owner prepared its IFRS statement of financial position and income statement and other comprehensive income.

The updated financial statements for Livestream now show a net loss for 2021 of €416,940 (£348,377/$457,179), as opposed to the previously expected net loss of €173,818.

“We can now build on the momentum of our Loot.Bet online betting platform to market it to its full potential,” Intema chief executive Laurent Benezra said. “With the help of our emerging ecosystem, our Isle of Man licence and our strategy to expand into new markets, Loot.Bet has the potential to grow significantly more.”

Guidance surrounding the duty on operators to provide information when marketing games has been updated with a special focus on marketing land-based bets and slot machines in gaming halls and restaurants.

A new section on the chance of winning at slot machines has also been added to the guide as the regulator sought draw attention to how the licence-holder is responsible for ensuring marketing material is in accordance with applicable legislation and practice.

“This means Spillemyndigheden will consider it a violation of the law if there is marketing material available to consumers that does not fulfil the duty to provide information or other obligations,” the regulator said.

The second update related to guidance on promotions and the definition of certain offers such as extra chances to win, tournaments and rankings, and lotteries.

This update, the regulator said, will also mean a change in practice for calculating the value of promotional draws. Spillemyndigheden added that the decisive factor in the future will be how many consumers the operator estimates will participate in the draw.

“The update has been made on the basis of Spillemyndigheden’s assessments in its ongoing work to supervise the marketing of games offered in Denmark,” the regulator said.

“The Spillemyndigheden encourages licence-holders to continuously assess compliance with Danish legislation in connection with marketing and sales promotion measures.”

This was up by €98.7m, or 5.6%, from Covid-hit 2020, when revenue was €1.74bn.

Revenue from gaming operations was €1.03m, down slightly from €1.07bn the previous year. This was attributed to closures of gaming halls- from January to June 2021, an estimated two thirds of Novomatic’s arcades closed temporarily due to the pandemic.

Revenue from the sales of gaming technology made up the remaining €806.2m in revenue. This was up by 20.3%. The company attributed this rise to its Ainsworth business, which saw its sales rise from €67.9m in 2020 to €118.3m in 2021.

Novomatic acquired Ainsworth in 2018.

Total turnover from operators using Novomatic equipment or software in Europe came to €102.91bn. Much of this came from its lottery division, with €35.48bn. Betting operator turnover was €24.17bn, followed by casino turnover at €20.98bn.

Turnover from gaming devices was €19.70bn, while other turnover was €2.55bn.

Gambling taxes and betting fees amounted to €208.3m, 3% less year-on-year, leaving net revenue at €1.63bn. However, this will still a rise of 6.8% year-on-year.

Expenses came to €1.33bn, up 6.8% year-on-year. These mostly consisted of personnel expenses at €608.2m, a rise of 0.2%, and other operating expenses at €542.1m- which fell 7.3%.

The remaining expenses were made up of material and other services purchased, which amounted to €189.5m. This was a rise of €8.9m year-on-year.

After considering changes in inventories, which created costs of €28m, income from capitalised own work at €73.8m and other company income at €247.6m, the total earnings before interest, tax, depreciation and amortisation was €587.5m. This was a significant rise of 92% year-on-year.

Following depreciation, impairment and reversal costs at €419.2m, the operating revenue was €170.3m, an increase of €417.6m from 2020.

Financial results costs amounted to €41.3m, leaving the earnings before taxes at €129m. After considering income taxes of €64.1m, the total net revenue for the year was €64.9m, up by €329.6m year-on-year.

“The 2021 financial year has shown that we have had extraordinary challenges,” said Ryszard Presch and Johannes Gratzl, executive board member at Novomatic. “With innovative power, flexibility and sustainable measures to optimize costs and increase efficiency, we were able to meet our goals successfully.”

“At this point we would like to sincere thanks to our employees. They have tremendous commitment, loyalty and commitment and thus make a significant contribution to our quality. Together we can, with confidence, look to the future and to the success story of Novomatic.”

With over 25 years’ experience in the industry, Thomas has held senior roles for operators and suppliers including William Hill, Betfair, 888, Sportingbet and SIS.

Since 2017, he has provided consultancy services to multiple organisations within the global sports betting supply chain, including operators, suppliers, regulators, rightsholders and startups.

Metric Gaming specialises in sportsbook technology and does business in multiple licensed jurisdictions in Europe as well as New Jersey, Colorado, Pennsylvania and Michigan in the US.

“This is a hugely exciting time to be joining Metric and I welcome the opportunity to help grow the business. Metric has a well-earned track record in providing innovative and premium products to tier-one operators, and I look forward to the challenge of widening our list of partners” Thomas said.

“Metric will be exhibiting at ICE 2022, and myself and the experienced and knowledgeable team will be on hand to discuss any sportsbetting requirements you may have. If you’re looking for an upgrade to your current platform, or more details on our innovative and bespoke trading and risk management solutions, feel free to get in touch to book a meeting slot.”

This news comes after Metric announced a partnership with Lacerta Sports, which will see the supplier have access to the multiple risk and trading management solutions powered by Starlizard, available for the 2022-23 football seasons.

Keith Hayes, CEO at Metric Gaming, said, “Marc is a strong addition to the leadership team and exactly the sort of person we were hoping to recruit. Aside from his pedigree as a bona fide industry expert, Marc is someone you can trust. He’s joining at an exciting time in the company’s evolution and I have no doubt he will play a decisive role in our future success”.

So put your hands in the air (T-Rex’s Excluded) for a chance to land a massive 20,000x win or the possibility to enter a multiple choice free spins round where each bonus unlocks a unique twist. From symbol transformations and upgrades to extra wilds on the reels to help increase wins, there really is a chance to explore this forgotten world and get lost in the unknown. Players also have the chance to unleash the MEGA BET feature and increase the probability of landing additional features in the Re-Spin and Free Spins bonus.

You can play a demo of Jurassic Party here!You can download the First Look Games affiliate pack here!

Go Live Date (expected):19/04/2022Game special features:– MEGA BET feature
– Re-Spin
– Bonus Buy
– Free Spins bonusNumber of paylines:Cluster PaysNumber of reels:7×7 formatRTP% (recorded/theoretical):96.47% – 96.73% (Inc. features & bonus)Variance/volatility:High (5/5)Number of symbols to trigger feature/bonus?:N/ACan feature be retriggered?:N/ANumber of free spins awarded?:N/AStacked or expanding wilds in normal play?:N/AStacked or expanding wilds in feature play?:N/ANumber of jackpot tiers?:0Auto-play function?:Yes

The 5×5 video slot grants you access to 4 different pubs: The Crown, The Bullseye, The Drunken Duck and Michael’s Whiskey Tavern. All four locations possess unique features such as Sticky Wilds, Expanding Wilds, Random Wilds and Wilds Multipliers to increase the winning potential up to 12,000 x bet! Land 3 or more The Crown Scatter Symbols and enjoy a bonus game with up to 10 Free Spins with an 8x multiplier. The Crown takes you on a heist with Vinnie Jones and his crew to the huge wins, be ready!

Download the First Look Games affiliate pack for The Crown here!

Go Live Date (expected):27/04/2022Game special features:– Sticky Wilds
– Expanding Wilds
– Random Wilds
– Wilds MultipliersNumber of paylines:40Number of reels:5RTP% (recorded/theoretical):86.10%, 96.12%Variance/volatility:MediumNumber of symbols to trigger feature/bonus?:3Can feature be retriggered?:N/ANumber of free spins awarded?:6 to 10Stacked or expanding wilds in normal play?:Expanding WildsStacked or expanding wilds in feature play?:Expanding WildsNumber of jackpot tiers?:0Auto-play function?:Yes

Wellard – who has been attending gaming affiliate shows since 2007 – said that the sector had historically been dominated by men, which had made it more difficult for some women to get the mentorship they have have needed to succeed.
“The affiliate space has been transformed over the last 15 years,” she said. “When I first started, I was literally one of just five women affiliate managers. On the affiliate side the gender imbalance was even more pronounced to the extent that 99% of affiliates were men.
“I had to learn the gambling industry fast and navigate a male dominated industry even quicker, but with resilience, hard work and determination I carved an amazing career for myself.
“However, that has not been the case for every woman and you have to acknowledge that a lot of talented people have been lost to the business simply because of such a lack of balance.
As a result, she welcomed the launch of Ascend, a new mentoring initiative to launch at iGB Affiliate London, aimed at supporting women early on in their affiliate careers.
“With the support of the iGB brand and buy-in from across the business, I am confident that Ascend will help to create greater diversity to the betterment of the industry and I am excited to be a part of it,” Wellard said.
Wellard added that there may be added difficulties now for new entrants into the gaming affiliate space due to Covid-19’s impact on events. As a result, she said, the return of events such as iGB Affiliate London will be a great boost to the industry.
“During the last two years of Covid, I have felt for anyone new coming into the affiliate sector,” she said. “These events are invaluable to progressing as both an affiliate and an affiliate manager.
“You build relationships face to face and can learn more in a 15-minute meeting than you can from back-to-back emails. It gives you energy and passion and the wealth of information you can soak up in a couple of days is invaluable.
“It has always been the case that events can take everything from you mentally and physically but they make business much easier because that’s where strong business relationships are built.”

iGB Affiliate will take place from 13-14 April at the ExCel London. To register for the event click here.

ICE 2022 will take place from 12-14 April at the ExCel London. To register for the event click here.

Senate Resolution 135 was first introduced in 2021, and was initially passed by the House Committee on Economic Development & Tourism.

It was re-introduced in 2022, and had to be passed by the House and the Senate in the current session.

Read the full story on iGB North America.

Bushido Bounty takes players into the samurai world in ancient Japan, where they will need to play their way into a bounty that comes through 20 paylines, Scatterbucks, stacked Wilds and expanding horizontal Scatterbucks Wilds. During the base game, and besides the 20 paylines, players can win amounts displayed in the Scatterbucks Wilds, which can also be stacked. In the bonus games, Scatterbucks Wilds are also expanding horizontal Wilds, which duplicate their original payout amount on each extra horizontal position to which it expands. With a subtle Japanese soundtrack and a collection of fierce samurais as high-paying symbols, Bushido Bounty brings an easy-to-play experience for those looking for a straightforward game.

Download the First Look Games affiliate pack for Bushido Bounty here!

Go Live Date (expected):14/04/2022Game special features:ScatterbucksNumber of paylines:20Number of reels:6RTP% (recorded/theoretical):96.00%Variance/volatility:MediumNumber of symbols to trigger feature/bonus?:N/ACan feature be retriggered?:N/ANumber of free spins awarded?:N/AStacked or expanding wilds in normal play?:N/AStacked or expanding wilds in feature play?:N/ANumber of jackpot tiers?:0Auto-play function?:Yes