deadmau5-stars-in-new-branded-slot-from-microgaming

deadmau5 stars in new branded slot from Microgaming

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Microgaming has announced the global launch of its latest exclusive branded title, deadmau5 online slot – a thrilling new game created in collaboration with Eurostar Studios and the eponymous Canadian electronic music icon.

Pushing boundaries with its pulsating blend of music and entertainment, this latest addition to Microgaming’s extensive branded content portfolio was developed exclusively for Microgaming by Eurostar Studios. The game features Rolling Reels and Cube Scatters, which can trigger 10, 20 or 25 free spins with up to a 10x multiplier.

Inspired by superstar electronic music artist and producer Joel Zimmerman, better known to audiences around the world as “deadmau5”, this 5×3 reel slot debuts Drop The Wild, a new feature which can randomly turn reels 2, 3 or 4 wild with a guaranteed win.

Not only does the branded slot incorporate the 39-year-old Grammy-nominated EDM star’s legendary music and trademark “mau5head” logo, but it also features visuals from his spectacular Cube v3 tour.

deadmau5 is available exclusively to operators on the Microgaming platform from 5 November 2020.

Ronica Holding Limited, All Rights Reserved. Designed by Eurostar Studios, Inc. All Rights Reserved.

“After performing in casinos, having a residency in Vegas, and playing so many casino games, I am thrilled to finally have a game of my own!” – Joel Zimmerman, aka deadmau5.

“Joel is one of the most exciting and successful electronic music artists of all time, and his deadmau5 brand is a hit with audiences worldwide, extending far beyond its genre. We’re thrilled to have teamed up with Eurostar and deadmau5 to create Microgaming’s latest branded game, which has performed brilliantly during an exclusive release period with select operators.” – added, Andrew Booth, Director of Games at Microgaming.

kambi-group-plc-q3-report-2020

Kambi Group plc Q3 Report 2020

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Financial summary

  • Revenue amounted to €28.1 (Q3 2019: 23.0) million for the third quarter of 2020, an increase of 22%, and €70.8 (65.6) million for the period January to September
  • Operating profit (EBIT) for the third quarter of 2020 was €6.5 (3.4) million, at a margin of 23.3% (14.9%), and €10.0 (8.6) million for the period January to September, at a margin of 14.2% (13.0%)
  • Profit after tax amounted to €5.1 (2.3) million for the third quarter of 2020 and €6.8 (5.8) million for the period January to September
  • Earnings per share for the third quarter of 2020 were €0.164 (0.075) and €0.220 (0.193) for the period January to September
  • Cash flow from operating and investing activities (excluding working capital movements) amounted to €6.9 (2.6) million for the third quarter of 2020 and €8.2 (4.2) million for the period January to September

 

Key highlights

  • Posted record quarterly performance with revenue up 22% year-on-year and operator turnover rising 62%, driven by the resumption of sports culminating in a busy September calendar
  • Expanded partner network through the signing of major US operator Churchill Downs Incorporated and its BetAmerica sports betting brand
  • Signed a long-term extension with LeoVegas Group, cementing the partnership and extending the agreement to cover additional brands
  • Continued to deliver for partners with 17 launches throughout the quarter, including the online launch of Penn National Gaming’s Barstool Sportsbook in Pennsylvania

“The difference between Q2 and Q3 couldn’t have been starker and underlines the ability of the business to quickly and efficiently respond not only to the lockdown situation, but also ensuring resources were in place for when sports returned. It’s reassuring for our partners to experience the capability and inherent flexibility Kambi has to adapt and thrive under testing conditions and we are confident in our ability to handle any potential future impacts that may arise from the virus. It’s also been reassuring to see that, despite some heightened local restrictions, there’s been no impact on high-level sports.

Momentum gained late in Q2 carried through to Q3, with Kambi posting record quarterly revenue of €28.1m. Operator turnover was also up significantly to an all-time high, rising 62% year-on-year. The gradual return of sports drove greater volumes throughout the period, particularly during September, which produced 43% of the operator turnover for the quarter. This positive trend has continued into the start of Q4.

During the quarter, we were able to complete two important pieces of business. Firstly, we signed a new partner in Churchill Downs Incorporated (CDI), a large US multi-state company and operator of the BetAmerica sportsbook brand. We are already live on-property with BetAmerica in two states and will launch online in the near future. CDI has already enjoyed digital success with its TwinSpires horserace wagering business and has the ambition to turn BetAmerica into a similar success story.

Secondly, the extension of our partnership with the LeoVegas Group. The agreement will see Kambi continue to provide our services to the LeoVegas Sport brand and carry on what has been an exciting journey so far. In addition, we will also provide our sportsbook to additional brands within the Group.

It was also another busy quarter in terms of launches, culminating in the much-anticipated launch of Penn National Gaming’s (PNG) proprietary Barstool Sportsbook app in Pennsylvania in mid-September, which has delivered promising early performance numbers. The app, 100% of which was developed in-house by PNG, is just the latest example of what’s possible when using Kambi’s empowering technology.

As we near the end of 2020, the cautious optimism of earlier in the year has been replaced with growing confidence, as we finish the year in great shape. Looking ahead, having successfully come through our toughest challenge, more exciting opportunities await us.”

You are invited to participate in a report presentation at 10.45 (CET) with Kambi Group plc’s CEO Kristian Nylén and CFO David Kenyon. The presentation will be held in English via a telephone conference and can also be accessed via an audiocast using the link below.

Kambi’s quarterly results podcast can be found here.

intracom-telecom-among-the-best-positioned-radio-suppliers-worldwide

Intracom Telecom Among The Best Positioned Radio Suppliers Worldwide

Intracom Telecom, a global telecommunication systems and solutions vendor, announced today that it has been identified as a “best positioned supplier” for Telecom Infra Project’s (TIP) OpenSoftHaul (OSH) global RFI, coordinated by the Wireless Backhaul Project Group (WBH PG). The WBH PG was organized and backed up by Axiata, Deutsche Telekom, MTN, Telefónica, and TIM Brasil.

More specifically, during TIP’s RFI process, more than twenty leading technology providers participated in the three main categories of the required solution:

  • Full Outdoor Radios in microwave and millimetre-wave (HW ODU);
  • IDU Whitebox solutions (HW IDU), and
  • Operator configurable Network Operating System (NOS SW)

The providers were requested to share information on their current technical capabilities and supported features, as well as their strategy in developing solutions that meet the OSH technical requirements.  Following a thorough technical evaluation by TIP members, Intracom Telecom’s proposed solution was found among the best positioned solutions in all three categories. This great technical achievement was based on the proposed solution architecture, its functionality, maturity & scalability, the openness and the roadmap features of the overall proposal.

Intracom Telecom’s fully outdoor solutions – microwave OmniBAS™ and millimetre-wave UltraLink™ product families – were found fully compliant in the HW ODU category and were among the best positioned radio solutions. Furthermore, in the categories of HW IDU and NOS SW the company’s proposals were again among the best, using solutions provided by our partner companies in the respective technologies.

Mr. Ahmed Mohamed, CEO of Intracom Telecom, said: “We are honoured to participate in this global RFI and also being acknowledged as one of the best MW and mmWave radio suppliers worldwide. Our vision, to enable life improving services with the use of technology comes in full alignment with Telecom Infra Project’s philosophy to enable global connectivity for all. This achievement is another milestone on our way to continue developing innovative radios that revolutionize wireless networks and empower high quality wireless access everywhere.”

The purpose of the WBH PG and specifically this RFI was to assess the global technology landscape for creating the first-in-the-world open and disaggregated wireless backhaul solution that will assist in overcoming various issues, such as delays in deployment & time to market, and configuration overlaps.

booongo-takes-full-slot-offering-live-with-playlogiq

Booongo takes full slot offering live with PlaylogiQ

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Booongo, the global online slots developer, has taken its complete games portfolio live with emerging operator PlaylogiQ.

Under the terms of the agreement, PlaylogiQ customers will have access to Booongo’s growing array of slot titles, including its latest release Scarab Temple, as well as fan-favourites Dragon Pearls and Aztec Sun.

The supplier will also provide its full suite of promotional features to the online sportsbook and casino, offering varied engagement tools which are proven to drive retention for operators.

This deal with PlaylogiQ marks the latest commercial expansion by Booongo as the slots provider continues to expand its reach globally, with the operator joining Betsson, Caliente, and Zamba as recent partner additions.

Sebastian Damian, Commercial Director at Booongo, said: “PlaylogiQ is an exciting operator that we can’t wait to work with, offering a comprehensive portfolio that appeals to players of all demographics.

“Our slot offering continues to grow both in breadth and popularity and we’re very pleased to agree this deal. We look forward to a long and successful partnership with PlaylogiQ.”

Margherita Giudetti, Chief Operations Officer at PlaylogiQ, said: “Booongo’s gaming portfolio continues to impress with top-performing games, while the supplier’s Hold and Win titles add a new dynamic to the gaming experience.

“We are very happy to be able to offer their games to our customers and can’t wait to see what the future holds.”

uk-gambling-commission-revokes-park-lane-casino-operator’s-licence

UK Gambling Commission Revokes Park Lane Casino Operator’s Licence

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The UK Gambling Commission (UKGC) has revoked the operating licence of Silverbond Enterprises Ltd which runs Park Lane Casino.

The decision was made because there was a change in corporate control at the operator and the Commission is not satisfied that it would have granted the operating licence to the Licensee had the new controller been a controller of the company when the application for the operating licence was made.

“We regulate gambling in the public interest and to maintain public confidence in the industry. In doing this we must be provided with information about those who run or have significant interest in gambling businesses,” Helen Venn, Executive Director of UKGC, said.

“We revoked this licence because we are not satisfied as to the source of funds (SOF) used to acquire and support the Licensee at the time of the change of corporate control or to whom future profits of the Licensee would be paid. We also identified concerns with the suitability of the new controller because of its unsatisfactory history in providing information requested as part of our enquiries,” Helen Venn added.

digital-solution-leader-h3c-launches-digital-tour-in-turkey

Digital Solution Leader H3C Launches Digital Tour in Turkey

H3C, a leader in digital solutions, officially kicked off H3C Digital Tour in Turkey this Wednesday. This event promoted engagement between H3C and its customers as well as ecosystem partners in Turkey, and further advanced the implementation of international smart digital strategies. The recent year has witnessed a rapid growth in the global digital market as digital technology reshapes the global economic landscape and business models. This Digital Tour allows H3C to share its vision to drive its clients to achieve a higher level of digital transformation.

“H3C has been actively expanding in international markets since 2019, among which Turkey is one important market. Rooted in the local market and close to customers’ needs, we’ve reached a wide range of cooperation with many clients and partners across various industries, deeply involved in the country’s digitalization,” said Gary Huang, President of the International Business and Senior Vice President of H3C.

“International business is becoming increasingly important for us, and we hope the series of this online event will provide us the opportunity to introduce H3C products and technologies as well as our business insight advantages, industrial application and localized strategies for the local market,” added Gary.

Turkey was chosen as the first stop of the H3C Digital Tour project for its strategic importance. Turkey’s medical industry, education, government, and other institutions are experiencing the trend of shifting towards digital services in response to COVID-

19, and the demands for supporting digital network construction are rapidly increasing.

During the Digital Tour, H3C launched several innovative products and solutions to the Turkish market. By leveraging Software-Defined Networking (SDN), artificial intelligence (AI), Big Data and cloud, the Application-Driven Networking (AD-NET) 5.0 solution can help the Turkish clients build a highly advanced enterprise network with lower operation cost, higher efficiency and better user experience. The AD-NET solution has empowered a lot of customers from various industries including education, healthcare, finance, government, and telecommunications in fulfilling their digital transformation.

Furthermore, H3C rolled out some new flagship products including 400G Data Center Switch. Cooperating with Spirent, the leading global provider of automated test and solutions for networks, the company has successfully completed the industry’s first-ever large-scale 400G test. H3C also launched the seventh generation of HCI (Hyper Converged Infrastructure) products UIS (Unified Infrastructure System) 7.0, extending the data center service from the core to the edge. While for the WLAN market, H3C’s Wi-Fi 6 products showcase industry-leading performance especially in high-density access, stability and wireless speed, which have been validated by leading tester Tolly Group.

Since launching in the Turkish market, H3C has been supporting Turkey in accelerating its digital transformation progress across different sectors, such as governmental sectors, as well as telecommunications and educational institutes.

We are excited that we have extended our partnerships with over 60 local certified partners and service partners, as well as more than 80 certified service engineers and experts, and successfully implemented more than 100 projects,” said Felix Zhao, Country General Manager of H3C Turkey who delivered a speech themed “In Turkey for Turkey.”

Turkey will become a model for the international digital economy development, and H3C will continue to help our clients to drive digitization, improving its business efficiency and reducing digital construction, operation and maintenance costs,” said Felix.

The Digital Tour where H3C shared in-depth market insights, market outlook and digital opportunities in Turkey, has received positive feedback, with many attendees showing interests in how H3C’s industry expertise may boost their own digital capability as well as the Turkish digital economy.

Following this event, The H3C Digital Tour will subsequently be hosted in other key markets including the Philippines on November 12. H3C is committed to supporting more clients to accelerate digital transformation and boost business agility amid the international changing market conditions.

online-casino-and-sportsbook-betzest-goes-live-with-payment-provider-paysafecard

Online Casino and Sportsbook BETZEST™ goes live with payment provider Paysafecard

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Leading online Casino and Bookmaker Betzest announced a new partnership with top payment provider Paysafecard offering easy, instant, secure cash transactions up to €10000 for online gaming industry in European and International markets.

Paysafecard is already available on Betzest cashier, offering real-time payments for European & International players without the need of giving away bank nor credit card details.

Online Casino Betzest continues increasing its operations since its launch in July 2018. Betzest is quickly becoming one of world’s leading online gambling company offering best online sports betting and casino games.

After adding to its portfolio many key payment methods and casino providers Betzest now offers its customers a variety of cashier options to ensure smooth payment transactions in their key markets. This is another significant step in Betzest rapid expansion. The company is looking forward to announcing more collaborations with other leading providers lined up for the end of Q4, 2020.

Marius Filip, Founder/CMO at Betzest, said: We are happy to conclude another new big partnership with Paysafecard. We’ve listened to our players and through partnership with Paysafecard we straighten our Betzest cashier by facilitating transactions in key European and International target markets. A big thank you to our Betzest team for this great achievement and to the Paysafecard team for their continues support during the process.”

 

About Betzest:
Betzest is your leading premier Online Bookmaker and Casino operator run by a team of experienced i-gaming experts.
Due to its unique product and marketing proposition, Betzest is rapidly establishing itself as one of the most trustworthy and reliable online gaming company.
Betzest is offering unrivalled sports betting and casino games experience now under reputable MGA license. The company operations continue to expand in variety of markets and online gambling verticals such as Live Betting, Live Casino, E-sports and Virtual Sports. Betzest features its robust and multi-functional online sports betting & Casino operating on SportingTech platform. Today Betzest has more than 70 employees across four offices all committed to delivering amazing player experiences on each of their verticals, partnering with top gaming providers.
At Betzest players can now take advantage of exclusive sports & casino campaigns, free spins giveaways wager free and even surprise gifts offered to VIP players, by using Bitcoin Core (BTC). Betzest has a Top Notch sportsbook powered by BetRadar along with Casino powered by NetEnt, Microgaming, Play’n’Go, Yggdrasil, Big Time Gaming, Pragmatic Play and a separate Live casino powered by Evolution Gaming. Alternatively, if sports and casino aren’t your thing you can bet on politics instead.

ygam,-streetgames-and-ysf-team-up-to-provide-problem-gambling-education-to-youth

YGAM, StreetGames and YSF Team Up to Provide Problem Gambling Education to Youth

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Young Gamers and Gamblers Education Trust (YGAM) has started a new training alliance with national sports charity StreetGames and Yorkshire Sport Foundation (YSF) to provide problem gambling education to youth.

“Working with sports clubs and groups is a natural progression for YGAM and something we have been making progress on for some time. There is a clear alignment in our values and mission, to safeguard children and ensure each young person gets a healthy start in life,” Sam Starsmore, YGAMs’ National Education Manager, said.

“Since we first began working with StreetGames and YSF, we have seen just how passionate both organisations are about the work they are doing. To have them supporting YGAM’s objectives and taking the steps to utilise our training and resources is great news for the young people and their families who make use of their services,” Sam Starsmore added.

“We are looking forward to supporting YGAM and working with YSF in the Yorkshire region, on an issue which too often has a real and detrimental impact on communities. Ensuring the safeguarding of young people is a key area of work for StreetGames and using sport as a driver for these conversations can be a great way to engage openly and honestly with trusted community organisations. We hope this training will help raise awareness of the potential issues caused by gaming and gambling, as well as offering ways to prevent the harm this can cause,” Halima Khan from StreetGames said.

“The safety and welfare of young people is of utmost importance to Yorkshire Sport Foundation, and we are committed to working with local sports clubs and organisations to raise awareness of issues that can affect young people. We hope through our involvement, we can spread the messages and help to reduce the harm caused to young people through gaming and gambling,” Gillian Brown, Safeguarding Lead for Yorkshire Sport Foundation, said.

holland-casino-shuts-its-venues-for-two-weeks

Holland Casino Shuts its Venues for Two Weeks

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Holland Casino, the Netherlands’ state-owned casino operator, has closed all 14 of its branches for two weeks.

The Netherlands government has ordered public buildings to shut their doors in response to rising novel coronavirus (Covid-19) cases, for two weeks. As a result, all casinos, cinema theatres, concert halls, libraries, swimming pools, saunas, zoos and amusement parks have shut their operations from November 4. They will remain closed until November 18.

zimmer-biomet-announces-third-quarter-2020-financial-results

Zimmer Biomet Announces Third Quarter 2020 Financial Results

Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter ended September 30, 2020.  The Company reported third quarter net sales of $1.929 billion, an increase of 2.0% over the prior year period, and an increase of 1.1% on a constant currency basis.  Net earnings for the third quarter were $242.5 million.  Net earnings on an adjusted basis were $376.8 million.

Diluted earnings per share were $1.16 for the third quarter, a decrease of 44.2% from the prior year period.  Adjusted diluted earnings per share were $1.81 for the third quarter, an increase of 2.3% over the prior year period.

“While the stronger than expected recovery of elective procedures in the third quarter was encouraging, we also remain focused on ZB’s strong operational execution, which continues to drive confidence in our underlying business,” said Bryan Hanson, President and CEO of Zimmer Biomet.  “It is important to note that the challenges and fluidity around COVID-19 persist as we move into the end of the year. Still, we will continue to transform our business, invest for greater value and prioritize innovation to better position the Company for accelerated growth over the long term.  I am so proud of our global team for the support we provide healthcare professionals and patients every day and our ongoing commitment to the ZB mission to better the lives of people around the world.”

While the recovery from COVID-19 continued in the third quarter, the pace of procedure volume and patient returns slowed toward the end of the period, with overall performance still negatively impacted by the pandemic. Stronger recovery was seen in the Americas and Asia Pacific in the quarter, with a slower return in regions within Europe, the Middle East and Africa (EMEA).

Please see the attached schedules accompanying this press release for additional details on performance in the quarter, including sales by Zimmer Biomet’s three geographies and five product categories.

Recent Highlights

Aligned with Zimmer Biomet’s active portfolio management strategy and the ongoing transformation of the business, the Company has invested in priority and right-to-win areas to drive long-term growth, including two recently completed acquisitions.  Collectively, these deals total approximately $80 million in initial spend and up to $98 million in deferred and milestone payments and add new or soon-to-be launched product offerings to the Zimmer Biomet portfolio:

  • Incisive LLC, a privately-held operating room (OR) solutions company in the expanding $1.2 billion global integrated OR market; Incisive’s technology drives efficiency in the surgical setting through a comprehensive offering of “smart OR” infrastructure, including surgical booms and lights with a smaller footprint as well as proprietary data analytics and artificial intelligence capabilities; this approach reduces acquisition and construction costs and is especially attractive to ambulatory surgery center (ASC) customers; revenues will be recorded in the Company’s S.E.T. segment
  • Relign Corp., a privately-held company in the attractive and growing $1.6 billion arthroscopy market and overall $5 billion sports medicine market; Relign’s offerings include the consolidation of three differentiated arthroscopy tower components into a single system, a first in the industry, and address a key portfolio gap for Zimmer Biomet in the sports medicine and broader ASC markets; revenues will be recorded in the Company’s S.E.T. segment

Geographic and Product Category Sales

The following sales tables provide results by geography and product category for the three and nine-month periods ended September 30, 2020, as well as the percentage change compared to the prior year periods, on both a reported basis and a constant currency basis.

NET SALES – THREE MONTHS ENDED SEPTEMBER 30, 2020

(in millions, unaudited)

Constant

Net

Currency

Sales

% Change

% Change

Geographic Results

Americas

$

1,216.5

3.2

%

3.3

%

EMEA

366.2

(2.3)

(5.7)

Asia Pacific

346.6

2.3

0.7

Total

$

1,929.3

2.0

%

1.1

%

Product Categories

Knees

Americas

$

402.6

0.9

%

0.9

%

EMEA

126.6

(6.4)

(9.5)

Asia Pacific

119.5

1.7

(0.1)

Total

648.7

(0.5)

(1.4)

Hips

Americas

268.6

7.9

8.0

EMEA

109.7

0.8

(2.6)

Asia Pacific

105.8

4.4

2.9

Total

484.1

5.4

4.4

S.E.T *

359.9

3.3

2.5

Dental, Spine & CMFT**

295.5

7.3

6.5

Other

141.1

(10.3)

(11.1)

Total

$

1,929.3

2.0

%

1.1

%

* Sports Medicine, Extremities and Trauma

** Craniomaxillofacial and Thoracic

 

NET SALES – NINE MONTHS ENDED SEPTEMBER 30, 2020

(in millions, unaudited)

Constant

Net

Currency

Sales

% Change

% Change

Geographic Results

Americas

$

3,051.5

(14.9)

%

(14.8)

%

EMEA

983.0

(23.0)

(22.7)

Asia Pacific

904.7

(8.8)

(9.0)

Total

$

4,939.2

(15.7)

%

(15.6)

%

Product Categories

Knees

Americas

$

1,003.9

(17.9)

%

(17.9)

%

EMEA

344.5

(27.4)

(27.0)

Asia Pacific

304.3

(13.6)

(13.4)

Total

1,652.7

(19.4)

(19.2)

Hips

Americas

671.8

(10.3)

(10.2)

EMEA

291.9

(20.6)

(20.4)

Asia Pacific

282.7

(7.0)

(7.2)

Total

1,246.4

(12.3)

(12.2)

S.E.T *

946.1

(10.9)

(10.8)

Dental, Spine & CMFT**

729.7

(14.7)

(14.7)

Other

364.3

(22.2)

(22.2)

Total

$

4,939.2

(15.7)

%

(15.6)

%

* Sports Medicine, Extremities and Trauma

** Craniomaxillofacial and Thoracic

Cash Flow and Balance Sheet

Cash provided by operating activities for the third quarter was $381.3 million and free cash flow was $287.2 million.  At September 30, 2020, the Company had $967.3 million in cash and cash equivalents on the balance sheet.  In the third quarter, the Company paid $49.6 million in dividends and declared a dividend of $0.24 per share.  As previously announced, Zimmer Biomet refinanced $1.5 billion in debt that came due April 1, 2020, renegotiated the terms of its $1.5 billion revolver and secured an additional $1.0 billion credit facility.  No borrowings are outstanding under these credit facilities.

Financial Guidance

While Zimmer Biomet saw encouraging recovery in elective procedures during the third quarter, there continues to be uncertainty around the scope and duration of COVID-19 and its ongoing impact. Therefore, the Company is currently unable to quantify the expected impact on its results of operations, financial condition and cash flows, which could be material, for 2020 and is not providing fourth quarter financial guidance at this time.

Conference Call

The Company will conduct its third quarter 2020 investor conference call today, November 6, 2020, at 8:30 a.m. ET.  The audio webcast can be accessed via Zimmer Biomet’s Investor Relations website at https://investor.zimmerbiomet.com.  It will be archived for replay following the conference call.