Partouche Furloughs 95 per cent of Staff EMEA
With all activities in France, Belgium, Switzerland and Tunisia at a standstill, casino group Partouche has moved to furlough almost all off its workforce
Chairman Fabrice Paire has asked shareholders to reject the distribution of an expected €3m dividend at the April meeting
FRANCE CASINO OPERATIONS
IRELAND – KamaGames had its most successful quarter to date in the first quarter of 2020 with gross revenue reaching US$29.25m, up 37 per cent compared to Q1 2019. Not only did this quarter set a new record in terms of quarterly gross revenue but also in the number of unique paying users engaging with KamaGames titles. The company reported that, when compared to the same period of the previous year, each month of 2020 has experienced an impressive 20 to 30 per cent growth in unique paying users.
Furthermore, KamaGames’ quarterly results have not been adversely affected by the ongoing coronavirus pandemic. The latter half of March witnessed the number of new users in countries where quarantine had been enforced increase by 30%. The revenue in these countries has also demonstrated growth nearing the end of the March, however, that growth didn’t have a significant effect on results for the overall first quarter.
KamaGames instead attributes this continued growth to a number of successful innovations carried out in 2019, including the release of new features, games and improved monetisation mechanics. Looking forward to the second quarter of 2020, KamaGames stated that it will continue to launch new and sizable updates to our social casino games. This update will introduce a wide range of new features targeted at engaging KamaGames’ millions of players worldwide.
UK – Digitain has named Martin Clarke as its new Director of Product Management. Clarke brings a wealth of industry experience to his new position, including senior product roles at
Betway, Betsson Group and Flutter Entertainment, where he led the redevelopment of Paddy Power’s sportsbook after the company’s merger with Betfair.
Following his previous role as Director of Product at B2B sports betting provider Metric Gaming, Clarke’s new responsibilities will include overseeing the development strategy for Digitain’s award-winning sportsbook and casino platform. He will be servicing Digitain’s 70+ international operator network with the industry’s most modular, flexible and scalable platform, which utilises AI-driven capabilities to cover over 65 sports and offer a truly localised proposition to its partners.
Commenting on his new position, Martin Clarke, Director of Product Management at Digitain said: “Digitain is a renowned market-leader with a widely acclaimed offering, and I’m immensely proud to become the company’s Director of Product Management.”
P16 NEWSWIRE / INTERACTIVE / MARKET DATA
With all activities in casinos in France, Belgium, Switzerland and Tunisia at a standstill, French casino group Partouche group has moved to furlough almost all off its workforce.
Te Saint-Amand-les-Eaux hotel has been made available free of charge to the nursing staff called in to reinforce the town's Hospital Center and there will be no dividend payments to shareholders, as originally planned.
Partouche said that all the necessary measures to preserve 'establishments and limit the inevitable economic consequences generated by this brutal and unpredictable crisis situation have been taken.'
“All of the casinos have been secured; they were therefore monitored and placed under 24-hour video protection," Partouche added. "All the cash held was collected by the money carriers. More than 95 per cent of the Group's employees have been placed in partial activity. All contracts that could be" suspended "(including
Betsoft signs agreement with social casino
Slot.com
Malta
Betsoft Gaming has formalised a strategic content partnership with international social casino
Slot.com. Te agreement is extensive, covering a wide range of Betsoft content under the Slots3 umbrella, and making both established favourites and exciting innovations available to
Slot.com players.
“We believe our partnership with Betsoft will be an enduring one, and we hope to add more Betsoft content to our portfolio to help meet player demand” commented Yair Martínez, General Manager at
Slot.com.
“We are satisfied that, in addition to the immediate content that is currently being integrated into our portfolio, this partnership will also provide
Slot.com with a steady stream of new, high-quality games that will appeal to our global player base and support further
maintenance, upkeep, etc.) were terminated. Agreements have been made with our main suppliers to postpone the regulations that could be, but the Group has taken care not to endanger its economic and social ecosystem by preserving its most fragile partners (local craftsmen, artists, TPE, etc). Te DGFIP (Directorate General of Public Finances) has also agreed to postpone for three months the payment of levies on the gross product of the games, with regard to the levies due for the months of February, March and April 2020.
“Our banking partners were contacted in order to postpone our bank deadlines for six months. Tese requests relate to the postponement of capital and interest maturities and would result in a six-month extension of the contractual maturities. All of our bank debts (with the exception of the bond loan issued by the holding company), both bilaterally and at the level of the holding company, were the subject of these requests, which were welcomed and accepted. by our banks, subject to some adjustments.”
international growth,” continued Yair Martínez.”
“Social casino represents a significant growth area for content providers who can meet players’ expectations for quality, variety, and engagement,” explains Annamaria Anastasi, Marketing Director for Betsoft.
“Betsoft was founded on the principle of cinematic gaming, marrying a new level of audio- visual excellence to the innovative themes and gameplay mechanics that make a successful slot game.
“Tis makes us an ideal source of content for social casinos and we are proud to be in a position to provide world-class content to
Slot.com’s audience.”
Founded in 2014,
Slot.com is headquartered in Barcelona, and operates worldwide. Across its website and dedicated application.
Slot.com a leading social casino destination in the company’s home country, boasting in excess of 40,000 daily users who choose from a library of more than 100 games.
Malta
Gaming Innovation Group Inc. (GiG) has launched virtual sports betting with virtual sports specialist 1X2 Network, further extending its sportsbook solution and offering to operators. Adding Virtual sports betting to its portfolio, GiG enables operators to offer players the chance to engage on-demand and connect with their favourite sports virtually. GiG’s new virtual portfolio includes instant horse racing, greyhound racing, trotting, Velodrome, speedway and football, as well as scheduled horse racing and tennis. 1X2 Network has been creating soft gaming content for over 20 years and is renowned for its high end, realistic gaming applications. Chris Armes, Chief Information Officer “Partnering with 1X2 Network allows us to offer a quality virtual sports portfolio with realistic 3D games for some of the most popular on-demand sports betting games. Tis allows operators to increase their offering placing them at the forefront of sports betting.”
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110
