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Svenska Spel Shuts Sundsvall Casino EMEA


Greece - Synot Games rolls out portfolio Synot Games has expanded its footprint in the Greek market via the cooperation with the online gaming brand winmasters through the SBTech platform.


Winmasters has rolled out the best of SYNOT’s certified game portfolio. Players can now enjoy the following flagship titles on the winmasters casino: the adventurous Archaeologist in Book of Secrets, the mysteries of alchemy in Alchemist’s Gold, and the elf’s precious spins in Moonlight Fortune.


“The continued effort to implement our games via the platform SBTech is showing its fruits. With this online casino implementation we are moving forward and giving operators even more possibilities how to work with us. I look forward to this partnership as we are soon to expand our coopetion with winmasters brand on other markets as well. “Martina Hrabinská, CCO of SYNOT Games.


Thanos Karakostas, Head of Product at winmasters added: “We at winmasters have always strived to offer the best casino product to our clients and signing with SYNOT is another important step towards our goal of building the ultimate gaming experiences for our players. The SYNOT slots are an important addition to our casino portfolio. We’re looking forward to expanding our cooperation in Romania, one of our core markets, in the future.”


Romania - EGT Interactive expand with FavBet Having successfully partnered with FavBet Croatia, EGT Interactive has announced the expansion of its presence in the Romanian market with FavBet Romania. Todor Zahariev – CEO of EGT Interactive, said: “We are extremely proud to partner with such prestigious operator as FavBet. The first month of the launch proved that Romanian players have a huge interest in our games. We are looking forward to strengthen this partnership and to continue to deliver high-quality content for the local players.”


Andrii Matiukha - the founder of FavBet, commented: “FavBet has provided entertainment for over 2 000 000 betting enthusiasts from around the world. We are excited. Our Romanian players can enjoy the EGT Interactive great portfolio of games. This deal is a perfect fit for our casino platform, completing the mix of available products.”


Malta - MoneyMatrix to offer Sofort processing Payment processing gateway MoneyMatrix extends its portfolio of payment methods through a new partnership with Sofort. Owned by Klarna, the most highly valued fintech in Europe, Sofort will make available its smooth and user-friendly payment method to MoneyMatrix’s merchants.


Giving access to 230+ payment methods, MoneyMatrix is an EU licensed Financial Institution and PCI DSS Level 1 Certified payment gateway for real money gaming, sports betting, forex, or digital industries. Through the newly inked agreement, MoneyMatrix will further enhance its payment portfolio by integrating Sofort.


Sofort offers a payment method that operates on the principle of an online bank transfer, allowing users to make a wire transfer via their online banking account in an easy, quick and secure way.


P14 NEWSWIRE / INTERACTIVE / MARKET DATA


Sweden’s state-owned gaming operator, Svenska Spel, has decided to permanently close its casino in Sundsvall with 68 employees affected by the decision


Te focus going forward is to develop Casino Cosmopol's operations, among other things through an expansion of Casino Cosmopol in Gothenburg.


SWEDEN CASINO OPERATIONS


Sweden’s state-owned gaming operator, Svenska Spel, has decided to permanently close its casino in Sundsvall with 68 employees being affected by the decision.


Casino Cosmopol in Sundsvall has struggled with profitability for many years and the visitor curve has steadily pointed downwards over the past ten years. Tere is now a lack of sufficient customer base to continue running the business.


Patrik Hofbauer, President and CEO of Svenska Spel, said: "It is a sad message to have to give to our talented employees. But we must adapt to prevailing market conditions. With a constantly declining customer base, the casino in Sundsvall is no longer profitable and then it is unfortunately not commercially defensible to continue to run the business."


Casino Cosmopol in Sundsvall was opened in 2001 and was then Sweden's first international casino. After that, casinos were opened in Malmö, Gothenburg and Stockholm. However, the casino in Sundsvall has long struggled with profitability. Te operator said that whilst 'residents of Sundsvall are proud of their casino, the demand for casino games and other casino offers has not been sufficient.'


Malta Intralot launches U*BET Virtual Sports


Intralot and its subsidiary in Malta, Maltco Lotteries, have now launched U*BET Virtual Sports, an ultra-realistic game featuring high-level graphics, designed to provide an enhanced players’ experience.


Te new product broadens U*BET’s comprehensive sports betting portfolio and is available across Maltco Lotteries’ retail network, provided in collaboration with Inspired Entertainment.


Maltco Lotteries’ CEO, Vasileios Kasiotakis, noted that this development is a key driver enabling Maltco Lotteries to consistently offer a diversified and entertaining sports betting portfolio. “


As the National Lottery operator and the leading sports betting provider on the island, we are thrilled to extend the U*BET


offering with this state-ofthe-art product and deliver an unparalleled player experience inside our shops operating within a safe environment, practicing social distancing measures, following the Anti-Money Laundering Regulations and providing entertainment through a vast portfolio of games which has been specifically designed on responsible gaming principles.”


INTRALOT Group CEO, Dr. Chris Dimitriadis, said that this announcement reaffirms INTRALOT’s commitment to delivering innovative games and providing unmatched gaming experiences to players in Malta. “Malta has always been a very important market for INTRALOT and that’s why we are excited to offer a broader game selection with the introduction of premium games specifically suited to the local market.”


In addition to the declining customer base, which has been particularly clear in recent years, the casino has also been affected by the sharp transition to online gaming and the strict marketing rules associated with the business.


Te casino in Sundsvall and its employees have fought hard and taken many initiatives over the years to reverse the trend, without it having a sufficient effect on profitability.


Te Board of AB Svenska Spel made the decision to close Casino Cosmopol in Sundsvall on August 13 2020. Te closure will take place as soon as possible and will affect 68 employees in Sundsvall. Already in March, a notice was issued which will now enter into force.


All casinos are currently temporarily closed due to the corona pandemic. When the other casinos have reopened and when the staff group needs to be strengthened, applications from employees in Sundsvall will be especially welcome. Te casinos in Stockholm, Gothenburg and Malmö are not affected by the decision. Te focus going forward is to develop Casino Cosmopol's operations, among other things through an expansion of Casino Cosmopol in Gothenburg.


Greece


Intralot has signed a strategic partnership alliance with Evolution Gaming. Te Evolution-powered Live Casino services are planned to be introduced in several existing and new operations of Intralot, while the agreement will result in the offering of Evolution’s full suite of Live Casino games, including its growing range of new game show games such as Crazy Time, Mega Ball and Lightning Roulette.


Nikos Nikolakopoulos, Executive VP, Group CCO at INTRALOT, said: “We have always been committed to building a robust set of strategic partners to deliver an outstanding experience to our customers. Evolution Gaming is a trusted member of our third- party ecosystem and we are looking forward to rolling out this partnership on many online markets worldwide.”


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