SOFTSWISS, a renowned content hub in the iGaming industry, has recently unveiled a highly anticipated update to its Tournament Tool: live game tournaments. This latest feature marks a significant expansion of the tool’s capabilities, leveraging the successful model of slot tournaments to further enhance player engagement. Internal studies conducted by SOFTSWISS have revealed a notable 22% increase in average daily bets per user since the introduction of the Tournament Tool.

Customized Tournaments Catering to Diverse Player Preferences

One of the key highlights of this update is the ability for operators to customize tournaments to cater to different player segments. While live games are favored by players seeking direct dealer-player interaction and real-time experiences, slot enthusiasts constitute another significant player segment. Despite these differing preferences, both groups share a common interest in competitiveness and social interaction within the gaming environment.

With the implementation of live game tournaments, operators now enjoy enhanced flexibility in managing tournaments. They can precisely select participating casinos, target specific countries, and curate a diverse range of games using the intuitive game search bar and provider filter available in the back office. Additionally, operators have the option to concurrently run live game tournaments alongside slot tournaments or even organize mixed tournaments that seamlessly blend slots and live games.

The Tournament Tool’s updated interface offers a seamless and intuitive user experience, enabling operators to effectively communicate gaming campaigns to players. It provides real-time updates on ongoing and past events, comprehensive tournament rules, and features a dynamic leaderboard widget for players to easily track their standings throughout the competition.

Accessible Innovation for All Game Aggregator Clients

It’s essential to note that this groundbreaking update is accessible to all Game Aggregator clients. This inclusivity ensures that operators of varying scales can leverage the Tournament Tool’s advanced features to enhance player engagement, promote healthy competition, and ultimately elevate the overall gaming experience.

The introduction of live game tournaments within the Tournament Tool by SOFTSWISS represents a pivotal advancement in the iGaming landscape. This innovative feature empowers operators with tailored tools to meet diverse player preferences, foster social interaction, and drive sustained engagement across multiple gaming segments.

Tatyana Kaminskaya, Head of SOFTSWISS Game Aggregator, highlights: “We closely monitor the market and analyse our customers’ feedback to develop features that meet their needs. Tournaments for live games such as blackjack, roulette, and poker immerse players in a special competitive atmosphere that aligns with the gamification trend. In the future, we plan to add other types of games, enabling our clients to build successful businesses that cater to a broader range of player segments.”

Source:

”SOFTSWISS Game Aggregator Launches Live Game Tournaments”, europeangaming.eu, April 09, 2024.

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Malta-based online casino games developer RAW iGaming continues to work hard to prove itself as a state-of-the-art game developer, and the debut of its newest proprietary feature, RAW Vibe, is its latest way of doing so.

RAW Vibe description

In terms of strict definition, this feature is “virtual intelligent behavior engine” powered by Artificial Intelligence (AI) that enables the firm to include complex narratives and characters into titles, further resulting in an unprecedented level of player interaction and engagement in its games.

One of the most notable characteristics of the said feature is that players may generate a character with a deep personality, a very engaging back-story and include it into the game’s narrative, instead of the characters being there just for visuals with little or no dialogue as is the case with a large number of slots. In addition, with the mentioned option, players are constantly entertained without ever getting bored of the game, because the monotony that exists in other games is gone. When it comes to monotony, any experience becomes irritating and reduces the overall entertainment value.

Commenting on the RAW Vibe, founder and Chief Executive Officer of RAW iGaming, Tom Wood, commented: “The studio’s latest trademarked feature release shows how AI can be used to deliver new and exciting player experiences. RAW VIBE allows us to really bring in-game personas to life and for their dialogue to be a major part of the player experience for the first time.”

Twisted Toy Tales as the first game to include the RAW Vibe

The function will first see the light of day in a game called Twisted Toy Tales, a one-of-a-kind character-focused game in which 4 teenage heroes battle Juggy, a vicious animatronic toy with a stray AI that is completely dedicated to hunting them down and destroying their victories.

What’s more, the aforementioned Juggy is the first ever AI character included in any slot game and he speaks to players in many languages, which of course is based on the location of the player. This also adds hunting comments during the session as he is able to move freely within the game and may appear anywhere or say anything without players knowing beforehand.

In this regard, Wood added: “Twisted Toy Tales is the first version of VIBE and, as AI develops, so will the ability of VIBE and the characters that use it. This is yet another example of how we push boundaries by leveraging the latest technologies available to us. We look forward to seeing players meet Juggy in Twisted Toy Tales and the other characters that will continue to blend the advances in technology with entertainment value and big win potential.”

Source: “Introducing RAW VIBE, the First AI-powered Virtual Intelligent Behaviour Engine”, European Gaming, October 20, 2023

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The first Alphabet Lottery system in the world, AZBillions, continues improving and upgrading its operations. The most recent news from the company is the launch of its new, innovative app, which will bring an upgraded, unforgettable experience to all the company’s customers.

Massive impact on the industry

What began as the revolution in the traditional lottery industry, less prone to changes, starts to look like a huge change in the future of both eSports and social gaming. The MIRACL-backed system the company uses for its digital lottery operations is unique and advanced.

The partnership with MIRACL was one of the huge successes the famous lottery provider achieved. The authentication system MIRACL created is fast, doesn’t require a password, and has only one step to take to enter the lottery, which eases AZBillions’ customers the whole process and takes the player experience to a completely new level. The one-step system makes the login rate very high, even 99.9%, and the gameplay is completely seamless. Also, the whole concept of using letters instead of numbers makes the playing unique and different than anything the players experienced before.

Craig Austin, CEO at Xite Holdings Ltd, commented on the innovations the company introduced: “Traditional lotteries use numbers, but our app uses an alphabet-based system – a totally new concept in digital lottery gaming. And we also offer players their choice of payment currencies – fiat and crypto – giving them unparalleled freedom of choice as they play for the largest jackpots across the globe.”

Unique and revolutionary approach

Austin further compared this product to others present on the market, saying that synthetic models which focus on every single draw, used in most lottery products, are clunky, and even the lotteries can’t benefit from them. On the other hand, AZBillions’ lottery product ensures that ticket fees go back to lotteries, which further support various charities and projects funded by the state or the government which aim to help the people.

AZBillions already established partnerships with great names in the industry, such as SCCG, Miracl, UNITH AI, as well as the famous Gammastack. The next step is integrating the innovative AI and Esports platform M8splay, which will allow the players to compete in huge cash-awarded championships all around the world and earn up to $1 billion in jackpots.

The company doesn’t forget about charities, though – it continuously works with many of them, checking the best approach and revolutionizing its products so everyone can benefit from it.

Austin added: “In an era where convenience is king, we’re redefining ease and accessibility. Join us to experience the thrill of huge lottery jackpots with gaming rewards like never before. All are powered by the freedom to choose your preferred mode of payment and the security of MIRACL encryption. Winning big has never been easier, more authentic, or more exciting.”

Source: Narayen, Niji. “AZBillions Launches World’s First Alphabet Lottery App, Offering Unprecedented Gaming Experience – Just in Time to Play for Over $1 Billion in Recent Lottery Jackpots”, European Gaming, August 14, /2023

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Lottomatica, an Itlalian B2B brand known, has announced the results of its income for Q1 this year.

Judging by the numbers, the company has successfully finished this part of the year, and now it has presented all the details related to Q2!

Achieving an Impressive Number!

According to the company’s report, the operator revealed a first-half 2023 income of €820.0 million, marking a 20.3% increase compared to the previous year. The strong Q2 performance prompted the operator to raise its full-year 2023 projections.

The second quarter generated proceeds of €397.8 million, showing a 20.7% increase compared to the previous year. However, this figure was lower than Lottomatica’s record earnings of €422.2 million achieved in the first quarter.

However, Lottomatica has revised its gain outlook for 2023, hoping that the range will reach between €1.63 billion and €1.69 billion, which is an upward adjustment from the earlier prediction of €1.57 billion to €1.67 billion.

The revised prognosis for adjusted profits before interest, tax, depreciation, and amortization (EBITDA) now stands in the range of €570 million to €590 million, marking an accumulation from the prior recommendation of €550 million to €570 million.

What About Q2?

The second quarter revenue was primarily composed of gaming brand earnings, totaling €180.5 million. Online income for the quarter amounted to €122.7 million, while income from sports branding reached €94.4 million.

A cumulative sum of €7.2 million was wagered during the second quarter, with a significant amount of €3.8 million arising from online sources.

“The key driver is clearly online,” said Guglielmo Angelozzi, CEO of Lottomatica.

This expert added that the additional growth was accomplished thanks to the “omnichannel approach, which is coupled with continuous product expansion and technological developments.”

Significant Growth in H1!

Moving forward, the company also presented the results of its growth for the first half of the year. A big chunk of the total earnings in H1 came from Lottomatica’s gaming activities, raking in €368.2 million over six months. Great!

However, the online part also played a big role! It reached €246.9 million, while the sports section contributed the rest, totaling €204.8 million!

Tweaked EBITDA for the first half reached a robust €299.0 million, showing a strong 28.3% increase. Once we tallied depreciation and amortization outlay at €49.0 million, our fine-tuned pre-tax earnings stood at a satisfying €250.0 million.

Blending financial outlays and income tax charges, the sum totaled €131.0 million. Consequently, the fine-tuned net profit for the period settled at a remarkable €118.0 million. Incorporating additional costs, refinements from IPO, and refinancing, along with depreciation linked to purchase price allocation, our profit for the period amounted to €19.0 million. However, with taxes accounting for €26.0 million, the ultimate net profit came in at a commendable €45.0 million.

All in all, the figures presented by the company show a significant number for the brand, which will certainly enjoy success at the end of the year. Until then, play safe!

Source: ”Lottomatica increases FY guidance increase after strong Q2”. iGaming Business. July 31, 2023.

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