A player has scooped up €2.9 million ($3.13 million) jackpot win from Relax Gaming’s Dream Drop series, claiming the coveted Mega Jackpot. The win occurred on the Betsson Group’s Betsafe brand, making it one of the largest wins recorded in the series.

Turning $1 into Millions with the Dream Drop Series

The player, who remains anonymous, was playing Templar Tumble 2 Dream Drop, released in November 2022, and part of the Dream Drop jackpot series. The win occurred in the most unexpected way imaginable after the player had only bet €0.92 ($1) turning the sum into the coveted €2,853,717.01 payout ($3.13 million).

The win is a great way to start the month of July for the series, which has been producing a winner almost monthly.

The last win before the latest one came in June when one lucky soul became the 15^th winner in the series, scooping the eye-watering €10.3 million ($11.12 million) instead, and the largest jackpot to have been won in 2024.

Commenting on the most recent win, Relax Gaming CEO Martin Stålros welcomed the chance to see his company continue to drive interest in the popular series that has become a staple of the gaming experience and a beloved product for players to try their hand at.

Stålros said that so far this year, there have been only three months without an actual winner and that there could be well more players turned millionaires from the Dream Drop series as the year carries on.

Celebrating the Dream Drop Series Success  

The Chief Executive also celebrated the conduit for engagement that the Dream Drop series have become for Relax Gaming’s original and highly-recognizable content:

Dream Drop has seen players engaging with our content more than ever thanks to the excitement the jackpot creates. The portfolio of jackpot integrations continues to grow at speed and we already look forward to celebrating our seventeenth Mega winner when it lands. Our congratulations go to the lucky player.

Relax Gaming CEO  Martin Stålros

Commenting on behalf of Betsson Group, Company Director of Gaming Performance Phil Lam was similarly pleased to see a Betsafe player become a millionaire through the Dream Drop Mega Jackpot prize.

Lam did not hesitate to tout the features that Relax Gaming brought to the table, celebrating the Dream Drop series as a highly entertaining and valuable gamification product.

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Step into the realm of excitement and fortune with the much-anticipated Evo Mega Jackpot campaign, a masterpiece that was created as a result of a groundbreaking collaboration between SOFTSWISS and Evolution Gaming Group AB.

This revolutionary campaign promises to bring something really exciting, offering players a next-level experience filled with extraordinary action and massive rewards.

Pioneers in Gaming Innovation

Renowned as a trailblazer in the gaming industry, Evolution Gaming Group is a leading provider of cutting-edge solutions for online casinos. Its extensive portfolio features a captivating array of live casino games, game shows, and immersive slots developed in partnership with industry giants like NetEnt, Red Tiger, and Big Time Gaming (BTG).

The Evo Mega Jackpot campaign is just one more of the impressive products that the company plans to present. By leveraging the SOFTSWISS Game Aggregator platform, this campaign showcases a curated selection of games designed to captivate players and keep them on the edge of their seats. With innovative features and seamless integration, players can expect nothing short of a gaming extravaganza.

Prepare to be dazzled by the staggering prize pool of the Evo Mega Jackpot campaign. With a generous offering of 50,000 euros, players have the chance to win life-changing sums with every spin. What’s more, the campaign welcomes players of all levels, with a minimum bet of just 1 euro, ensuring that everyone can participate in the thrill of winning big.

Structured for Success: Fair and Transparent Gameplay

In the spirit of fairness and transparency, the Evo Mega Jackpot campaign features a meticulously structured prize distribution system. With multiple tiers of rewards, including grand prizes of 1,000 euros each, 100 prizes of 100 euros, and 400 prizes of 50 euros, players are guaranteed an exhilarating and rewarding experience.

The Evo Mega Jackpot campaign is set to launch on March 11 and will conclude on March 31, giving players almost the entire month to chase their dreams of hitting the jackpot. This highly anticipated event is already generating buzz within the gaming community, with players eagerly awaiting the chance to test their luck and skill.

Don’t miss out on the gaming event of the year! Whether you’re a seasoned player or new to the world of online casinos, the Evo Mega Jackpot campaign promises non-stop excitement, incredible prizes, and unforgettable moments. Join us on this epic adventure and let the thrill of winning take you to new heights!

Nicholas Peters, Chief Business Development Officer Europe at Evolution, adds: “We are excited to partner with SOFTSWISS in the Evo Prime Drop campaign. Collaborating with the expert team behind the Jackpot Aggregator, and given the excellence of SOFTSWISS’ software solutions and the premium games from providers integrated by Evolution, we are confident in the campaign’s success. We are constantly looking for new technologies and mechanics to maintain a leading position in the market and provide innovative solutions to our customers. We are pleased that our collaboration with the SOFTSWISS Jackpot Aggregator has proven to be mutually beneficial. “

Source: ”SOFTSWISS and Evolution Launch Evo Prime Drop”. SoftSwiss. March 28, 2024.

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The leading supplier of unique casino games and iGaming aggregator, Relax Gaming, announced that it made another lucky only player millionaire thanks to a Dream Drop Jackpot win. The company confirmed Friday that a player at Unibet casino secured the latest Dream Drop Jackpot, pocketing a whopping €2.7 million ($2.9 million) prize.

The latest mouth-watering prize represents the second grand prize from Dream Drop Jackpot for the year so far and fourteenth overall. The monumental win comes after back in January, a lucky player hit the thirteenth Mega Jackpot drop and the first for 2024.

To secure the grand prize, the customer played Print Studios’ Pine of Plinko Dream Drop via Unibet. Ultimately, the lucky online gambler was able to hit the grand prize after placing a tiny €3.50 bet. Besides Dream Drop, Pine of Plinko Dream Drop offers other engaging features, including multipliers, feature bet and Pinko Bonus, among other functions.

David Robertson, the director of casino and gaming at Kindred, Unibet’s parent company, was excited about the latest win. “The Dream Drop Jackpot has quickly become known for allowing players to win incredible jackpots, adding a layer of excitement to the gameplay experience, we are delighted to see the latest winner play at our casino,” he said. Finally, Robertson congratulated the lucky player.

Relax Gaming Enjoys a Wonderful Start of the Year

Filip Wargeus, Print Studios’ CCO, was also excited about the recent jackpot win. He said that the company strives to offer engaging and rewarding experiences to its players. This is why, Wargeus said, Print Studios decided to add the popular Dream Drop Jackpot feature into Pine of Plinko. In conclusion, he pointed out: “We have seen great levels of engagement with the game and we are thrilled to have seen a millionaire made playing one of our titles.”

Back in 2023, Relax Gaming was recognized with the Product Launch of the Year award by the GGA for its Dream Drop Jackpots. As a leading supplier of online casino games, the company offers more than 4,000 quality titles. Forging partnerships with iGaming operators and aggregators, Relax Gaming successfully grows the reach of its games.

“To have created two millionaires so early in 2024 is a wonderful start to the year for our portfolio of Dream Drop titles.“

Simon Hammon, CEO at Relax Gaming

Simon Hammon, Relax Gaming’s CEO, revealed that it is exciting to see two millionaires early in the year, who have secured huge Dream Drop Jackpots. While he said that last year will be remembered considering the number of jackpots won, Hammon also predicted that the company may surpass previous records this year.

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Recently, MGM Resorts’ chief executive officer, Bill Hornbuckle, was asked about any change of heart following the company’s latest public statement on the acquisition bid topic. His answer led to a 4% drop in Entain’s shares.

Last fall, it was speculated that MGM Resorts would possibly make a new acquisition bid for global gaming giant Entain following the decrease in the latter’s share price in 2023 along with the ousting of now former chief executive officer Jette Nygaard-Andersen at the end of the year. 

The S&P 500 global gaming and entertainment company that features national and international locations initially said no to an acquisition bid in 2021 that gave the business an enterprise value of £8.1 billion ($10.17 billion).

That amount currently stands for an important premium on the company’s market cap of £6 billion ($7.53 billion).

“It’s About Product, Product, Product, and Focus”

The CEO replied that their main focus would be on product in the upcoming months, leaving large-scale mergers and acquisitions to the side.

Hornbuckle explained that, while attending the ICE event in London last week, he met with Stella, their partner, and talked over the importance of making sure “everyone’s focus is on BetMGM.”

He emphasized that 2024 will be a critical year for everyone, ”So, it’s about product, product, product, and focus.” His comments immediately caused Entain’s share price to fall close to 4% down to £9.22 ($11.58) prior to slightly recovering to £9.84 ($12.53).

2024, an “Investment Year” for BetMGM

In December 2023, BetMGM’s chief executive officer, Adam Greenblatt, spoke during an investor presentation, calling 2024 an “investment year” as the joint venture was trying to regain the market share that it had lost while improving its product.

Hornbuckle agreed that 2024 would be “a reinvestment year,” emphasizing the need and desire to get their product “in a better and different shape” and adding they would like additional parlays. 

“Obviously,” he continued, “the acquisition of Angstrom by our partner will be a big add to that. We’ll be able to stick out more product. We’ll have more confidence in it.”

The CEO explained that their focus will fall on baseball in the next months, with expectations to hit soccer in 2025 while putting many of their product differentiators to use in the meantime.

For the spring, Hornbuckle also discussed their plan to have a single wallet in play. As for when they will begin to make some cash, 2025 seems to be on the horizon. 

The post Entain Shares Drop 4% After MGM Excludes Takeover Bid appeared first on Keno Wizard.

The UK-headquartered, leading betting and gaming company that acquired William Hill’s non-US business in 2022, 888 Holdings Plc, has published its post-close trading figures. 

The report indicates an 8% decrease in the group’s annual revenue for the full year 2023, emphasizing important drops in the UK online and global markets.

The fourth quarter’s revenue reached £424 million ($538 million), a number that marked a 7% decrease compared to £457 million ($579 million) in the same quarter in 2022.

The Q4 revenue was also 5% higher compared to Q3 2023, with activities up 5% on a YoY basis. In the context of the continuous growth in the customer base, 888 believes it has what it takes to set the “foundation for sustainable future revenue growth.”

Full Year 2023 Revenue Down Because of a Mix of Factors

As explained in the same update, the group’s FY23 revenue of £1,711 million ($2,170 million) down 8% compared to 2022 was the result of a number of factors including the shift away from dotcom markets, which dropped revenue by around £80 million ($101 million) during FY23. 

The customer mix changes recorded in the UK resulting from the additional measures to ensure safe gambling and 888’s marketing changes with a bigger focus on profitability and sustainable revenue have all triggered “a higher quality and more sustainable business mix.”

This featured roughly 95% of FY23 revenue generated from taxed and regulated markets. 888 recorded an 11% increase in the average number of monthly active users in the UK online segment. However, the figure did not suffice to fight off the 18% drop in average revenue per customer.

The FY23 retail revenue went up 3% at £535 million ($678 million) compared to FY22 at £519 million ($658 million). The main triggers were the improvements brought to the product offerings, including the introduction of self-service betting terminals and gaming cabinets.

Outlook for 2024

The company has also expressed a “positive outlook for FY24 revenue with consistent growth in active players driving confidence in strong revenue growth online in both the UK and International segments.”

The group’s compliance and implementation of safer gambling practices are expected to “annualize in February 2024,” which would lead to a more positive outlook in terms of average revenue per user. 

888’s profitability, in the long run, will also be positively impacted by the new cost savings program of around £30 million ($38 million) initiated at the end of last year and the additional investments in a greater strengthening of the group’s core capabilities in intelligent automation and artificial intelligence-powered data and insights.

While these measures are expected to boost the group’s profitability in the long term, the additional investments that are underway are also leading 888 to project the 2024 Adjusted EBITDA to be “at the low end of consensus range.”

Chief executive officer Per Widerström commented on the “important strategic and operational progress in the face of some significant regulatory and compliance headwinds” in FY23 while happily announcing the enhancement of the foundations for sustainable and profitable growth.

The CEO also announced that he would outline the group’s 2024-2026 plan together with the full-year results toward the end of March.

Last week, the group announced job cuts in Israel amid its global restructuring plans.

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Prosecutors at the Van Buren County Prosecutor’s Office have dropped the embezzlement charge brought against Danika Young, a cash cage supervisor at Four Winds Hartford Casino.

The 38-year-old long-time employee allegedly stole $700,000 from the casino vault on July 30 and exited the gambling facility after she received an ominous phone call from a person who told her to take the money to someone in Gary, Indiana. 

Young Could Have Faced 20 Years in Prison 

Provided Van Buren prosecutors would not have decided to drop the embezzlement charge, Young could have been incarcerated for up to 20 years for the serious felony.

While the reasons behind their decision have not been disclosed as of yet, the employee’s criminal defense attorney, Caleb Grimes, said his client felt thrilled and at the same time “extremely vindicated” since she had claimed her innocence from the beginning of the investigation. 

Young, who had been a loyal employee of the casino for more than a decade and a half, was a mother, and also had deep roots in the area through her network of relatives in the local community, claimed her compliance was precipitated by what she thought was a directive from the venue’s higher management.

Possible Foul Play via AI

One potential theory that could explain the incident is the use of artificial intelligence as part of a scheme to manipulate and manufacture the voice of someone part of the casino’s executive team who allegedly made the call from inside the casino, according to records from Michigan TV station WOOD.

These types of complex plots are usually met in high-stakes casino dramas, making them extremely difficult to prevent and spot even by the most loyal and trusted employees.

Four Winds Hartford Casino is located in Hartford, Michigan, approximately 80 miles away from Grand Rapids. The property is one of the four venues considered regional entertainment pillars that are owned and operated by the Pokagon Band of Potawatomi Indians. 

The Nude Visitor at Oklahoma’s First Council Casino

Earlier in the week, Norman Rhodes, the man who entered Oklahoma’s First Council Casino wearing no pants and undergarments and jumped on top of a security desk at the casino hotel pleaded guilty to the charge of outraging public decency, according to data from Oklahoma TV station KOKH.

At the time when the police arrived, he was wearing a towel on his head and a ripped shirt and had on a towel, explaining his lack of proper clothing as a consequence of being hot.

Rhodes will undergo a mental health checkup, pay court costs, and do 60 hours of community service. Provided he will complete the probation, he will not spend any time in jail. 

The Extortion Attempt at Harvey’s Resort Hotel and Casino

Another shocking incident took place in 1980 at the border between Nevada and California, at Harvey’s Resort Hotel and Casino. This massive complex was targeted by former WWII veteran John Birges who lost $750,000 there and decided to seek revenge. 

Birges managed to leave a bomb in the building and send a letter to casino management asking for $3 million in exchange for the bomb not to be blown up.

The FBI’s anti-bomb squad that arrived at the premises soon discovered it was almost impossible to safely defuse the bomb as the criminal had explained they would not receive instruction on how to flip some of the switches until the money reached him.

The casino refused to pay the $3 million and the FBI proceeded to try to defuse the bomb, which in turn caused a massive explosion that caused enormous damage on all floors. Birges was arrested and sent to prison for life. 

The Student Who Tried to Steal $30,000 From a Casino

In October, a 22-year-old student from Greenwich, London who tried to steal $30,000 from Grosvenor Casino admitted to fraud by false representation. 

Samuel Bob-Emmanuel was asked to undergo 25 days of rehabilitation and was sentenced to a 12-month community order by the Birmingham Crown Court, while also facing 150 hours of unpaid work. 

The crime took place on March 1, when Bob-Emmanuel used a PIN code belonging to a supervisor at Grosvenor Casino to attempt to transfer the casino’s money to his account. 

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The leading business-to-business (B2B) technology and content provider for the iGaming industry, Relax Gaming, announced that its famous Dream Drop jackpot series made another lucky gambler a millionaire. Since the launch of Dream Drop just over a year ago, ten lucky gamblers secured life-changing awards. Now, this positive trend continues with Relax Gaming announcing the eleventh Dream Drop jackpot millionaire.

The company confirmed Monday that the lucky winner, becoming the eleventh millionaire, secured nearly €3 million ($3.2 million) while playing on Jackpothunter.com. Triggering the Dream Drop Mega Jackpot while playing Volatile Vikings Dream Drop, the lucky winner collected the staggering €2,976,908 ($3,152,066) after placing a wager that was only €2 ($2,12).

The recently secured Dream Drop win comes just four hours after a Major jackpot was won. The win represents an important milestone for Relax Gaming as the list of Dream Drop millionaires continues to grow.

A representative of Jackpothunter Casino explained that it is exciting to see one of its players become the new Dream Drop millionaire. “Everyone at Jackpothunter is excited to see such an impressive win happen on our platform, it validates where our brand is heading as we make winning jackpots easier,” added the representative. Finally, they spoke about the positive impact of the addition of Relax Gaming’s titles and the thrilling experiences they deliver for the operator’s growing customer base.

“It is truly a delight to be the casino that has played host to the eleventh Dream Drop Mega Jackpot winner,“

explains a statement released by Jackpothunter Casino

Dream Drop Helps Revolutionize the Gambling Vertical

Simon Hammon, Relax Gaming’s CEO, was similarly thrilled regarding the multi-million-dollar win. He outlined that Dream Drop helped revolutionize the gaming sector, granting a chance for more gamblers to secure life-changing awards. “We knew the Dream Drop Jackpot would perform well with players and operators alike, and to see this become a reality is a constant source of pride,” added Hammon. Finally, he congratulated the winner on behalf of Relax Gaming and said that the company is looking forward to seeing the twelfth millionaire.

“We would like to send our congratulations to the lucky winner, and we eagerly anticipate the twelfth millionaire.“

Simon Hammon, CEO at Relax Gaming

Last week, Relax Gaming announced the launch of Snake’s Gold Dream Drop, its latest title featuring the famous Dream Drop feature. The new Aztec-themed high-volatility slot offers an RTP of 94% and features 10 paylines.

Last summer, Relax Gaming released Volatile Vikings Dream Drop. The game brought the player-favorite Dream Drop feature along with exciting bonuses such as Free Spins and Multiplier Reveal.

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Relax Gaming, an iGaming aggregator and developer, has officially announced its 11th winner of the popular Dream Drop Mega Jackpot, which was won when a lucky player activated the said jackpot with Jackpothunter.com online casino.

Winning the ultimate prize

After a player placed a bet of €2 on the Volatile Vikings Dream Drop slot, they won a whopping €2.976.908.13, automatically making them the eleventh lucky player to win a seven-figure sum in just a little more than a year, showing that Relax’s rewards from its innovative game portfolio are there for players to take. What’s more, this newest announcement took place just 4 hours after one more fortunate player won another Major jackpot while trying their luck on another Dream Drop Jackpot slot game.

Commenting on the win, Simon Hammon, CEO of Relax Gaming, said: “The way that Dream Drop has changed the industry never ceases to amaze us, and to create eleven millionaires in just over a year has exceeded our expectations. We knew the Dream Drop Jackpot would perform well with players and operators alike, and to see this become a reality is a constant source of pride. We would like to send our congratulations to the lucky winner, and we eagerly anticipate the twelfth millionaire.”

Jackpothunter casino added: “It is truly a delight to be the casino that has played host to the eleventh Dream Drop Mega Jackpot winner! Everyone at Jackpothunter is excited to see such an impressive win happen on our platform, it validates where our brand is heading as we make winning jackpots easier. The integration of Relax titles has been a huge boost to our brand and we are delighted to have played a part in creating this win.”

Description of Volatile Vikings Dream Drop slot

Volatile Vikings Dream Drop was officially added to Relax’s portfolio in July 2022 and includes a lot of thrilling mechanics and features which involve state-of-the-art Multiplier Reveal and a useful Free Spins bonus round. But that’s not all; because it also involves the Dream Drop progressive jackpot.

About

Relax Gaming was founded and officially launched in 2010 with headquarters in Malta. Since then, the company has experienced incredible growth and today their rapidly-growing, independently created game portfolio includes more than 4,000 online casino games. Its partners are B2B companies, which the company supplies with its iGaming content.

This outstanding, innovative iGaming supplier is present in key global markets through cooperation with its B2B partners. Its most recent awards include: Casino/Slot Developer of the year at the SBC Awards, Best Mobile Gaming Software Provider at the EGR B2B Awards and Best Game Provider at the AskGamblers Awards. Also, its amazing gaming platform is composed of aggregated content. Some of these are: video slots, online casinos, poker and bingo, which operators can access via simple integration to increase player engagement and profit.

One of the main reasons why Relax is the leading aggregator of the iGaming industry is because it is backed by innovative technology, which means it has the ability to give operators the opportunity to activate a range of features that increase user satisfaction and engagement and encourage extended play.

Source: “Relax Gaming crowns eleventh millionaire with Jackpothunter Dream Drop Win”. European Gaming, October 30, 2023.

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On July 31, the Nevada Gaming Control Board (NGCB) revealed in its newest earnings report that Nevada’s gambling income decreased on a monthly and annual basis during June of this year.

Slots as the main source of income once again

Looking at the total profit for the said month, it was calculated at $1.25 billion. However, compared to profit of $1.28 billion in June last year, this was down 2.3%, and compared to revenue of $1.29 billion for May 2023, it was also down 3.1%. However, looking at the Las Vegas area alone, income in the Clark County area reached $1.07 billion, and income from the Las Vegas Strip was $727.3 million.

What’s important is that slots are once again the main source of gambling income in Nevada, with their income of $836.2 million, which is 0.3% less than the previous year. In addition, of the total slots revenue, multi-denomination slots generated $486.2 million in revenue and penny slots collected $255.2 million.

As for the counter, table and card games, their income fell 6.5% to $409.6 million. Of the total revenue from table, counter and card games, blackjack generated the most income of $104.0 million, followed by baccarat at $100.5 million, although it experienced a 29.8% year-over-year decline. Then there was the income from sports wagering, which was presented as part of the aforementioned games, which was also lower by 60.1%, and was calculated at $9.5 million.

The newest results also show, compared to figures for the last 12 months to June 30, 2023, a rise in total gambling profits reported at non-restricted casino locations in Nevada.

Baseball and hockey wagering income

As for baseball wagering, it collected $14.5 million in profits. However, the loss of profits in other sports segments has meant that this income isn’t as large in total income when looking at the market segment. Furthermore, hockey wagering wasn’t very profitable either as it resulted in a loss of $6.6 million for Nevada operators, while football betting resulted in a loss of $1.6 million. But that’s not all; as $328.000 was also lost in basketball wagers, and betting on other sports collected $3.5 million in income.

Scams schemes as a cause of lost revenue

Earlier in July, Nevada’s gambling watchdog issued a warning about an increase in scams which main target are casinos. The newest scams include people posing as senior casino management officials, with the main goal of deceiving casino workers in order to obtain large amounts of money.

In this regard, just recently, the said scheme caused a major loss of $1.17 million for one gambling operator.

Source: “Nevada gambling revenue dips in June”, IGB, July 31, 2023

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The NOVOMATIC Digital Gaming and Entertainment division, Greentube, announced that its subsidiary, Greentube USA, launched an innovative new iLottery game called Drop The Balls. Confirmation regarding the debut of the new title came Thursday and sees the company deliver a thrilling, engaging and unique title that stands out with rewarding features and provides unmatched experiences.

Greentube USA confirmed that the first lottery to benefit from the new iLottery game is the Washington DC Lottery. This will enable the operator to be the first one to deliver the Drop The Balls title to its customer base.

Describing the new innovative title, the game developer revealed that it represents a combination of bagatelle, pachinko and pinball. The uniquely designed game is developed especially to capture the attention of a wide range of audiences, allowing them to tap into thrilling experiences.

Although its debut was just announced, Drop The Balls is expected to become an instant hit within the iLottery vertical. The new title stands out with quality graphics, delivers realistic simulations and more importantly, provides engaging gameplay that is unlike any other iLottery game on the market.

According to Greentube, the new game grants the players an “opportunity to drop balls onto a playfield filled with obstacles and multiplier catchers, adding value to the balls as they drop.” A variety of different targets can boost the potential payouts with bonuses. Moreover, players that catch a bonus ball secure free balls for a special bonus round that grants a chance for even bigger prizes.

The Developer Is Delighted to Launch the New Game

Ben Sutherland, Greentube USA’s CEO, spoke about the realistic physics simulations that the new game delivers and acknowledged their importance toward customer experience. He predicted that the Drop The Balls title game will be enjoyed by seasoned lottery fans and newcomers. Finally, Sutherland said that Greentube USA is delighted to launch the game for the Washington DC Lottery.

“The magic at the heart of this game is a physics simulation that makes all the action in the game look and feel realistic. Drop The Balls is a game that lottery players of all ages will enjoy, and we are excited to be launching it with the Washington DC Lottery.“

Ben Sutherland, CEO at Greentube USA

To propel its growth in the US market, Greentube USA continues to collaborate with EQL’s RGS aggregation platform. The company anticipates that the recent launch will be the first out of many, allowing it to deliver new, thrilling, innovative and engaging games for the regulated gambling market across the US, as well as Latin America and Europe.

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