Press Releases
Raketech’s Board of Directors withdraws dividend proposal
After careful consideration and in order to best serve the business’s needs, increase the company’s long-term financial flexibility, and serve the long-term interests of both the company and its shareholders, the Raketech Board of Directors has decided to withdraw its previously announced proposal to the Annual General Meeting on 16 May 2024 to distribute dividends in 2024.
“In light of the revised full year guidance announced May 1, 2024, and our current financial obligation relating to the Casumba earnout, it is paramount that we prioritize the company’s financial flexibility. While we recognize the significance of dividends to shareholders, we believe that withdrawing the proposed dividend and increasing our financial flexibility is the right thing to do to ensure long-term sustained growth and value creation. This decision underscores Raketech’s commitment to prudent financial management and its focus on delivering sustainable growth and profitability. The company remains committed to delivering value to its shareholders and will continue to assess opportunities to enhance shareholder returns in a manner that aligns with its long-term strategic objectives,” says Ulrik Bengtsson, Chairman of the Board.
The post Raketech’s Board of Directors withdraws dividend proposal appeared first on European Gaming Industry News.
Play’n GO pits Woodrow and Jačova against one another in a race against bolts in Spark of Genius.
Play’n GO has an extensive slot portfolio of over 300+ dynamic titles. With the newest addition to the slot roster, the iGaming titan once again channels innovation and quality game design with Spark of Genius.
In this dynamic 6×6 grid slot, players are transported to the dawn of the 20th century, where the clash between industry pioneers Maynard Woodrow and Tess Jačova ignites. Players will harness the power of Resonant Energy and Manifest Energy as these characters vie for dominance over the grid.
Players must the learn the abilities of Tess Jačova and Maynard Woodrow, opening gameplay advantages in the epic quest for scientific supremacy. With features like Gyrota and Relay – this slot’s home to thrilling spins and explosive wins.
This slot has features that’ll make any slot enthusiast’s hair stand on end. The abilities of our two scientists are vital for accessing the Bonus Round, where Tess introduces Gyrota and Dynamo, offering strategic symbol rotations and special connectors for increased winning potential.
Meanwhile, Maynard presents Relay and Overload, obliterating symbols and cascading disruptions. Maynard’s Empire Energy Spin boasts a 2×2 connector – potentially securing players up to 35 Free Spins with surging Win Multipliers.
Spark of Genius seamlessly blends historical rivalries with cutting-edge gameplay and our signature FuseWays mechanics drawing players into intrigue and excitement. Fans of science-driven and sci-fi slots like Dr Toonz and Fortune Rewind will feel right at home with this electrifying adventure.
Games Ambassador at Play’n GO, Magnus Wallentin said: “We’re excited for the fandom to experience the spectacle that is Spark of Genius. This title is a little different, because it uses real-world science to influence the grid slot setup, alongside our signature new mechanic FuseWays which is really cool and something we haven’t done before. From the powerful Empire Energy Spin to character-driven abilities, this slot’s got lots of dynamic quirks we’re sure fans will love.”
With unique abilities, an immersive historical setting and thrilling features – Spark of Genius promises an electrifying gaming experience like no other.
The post Play’n GO conduct an electrical revolution in Spark of Genius appeared first on European Gaming Industry News.
Spanish-language facing LatAm brand to offer Vibra’s best performing localized games.
Vibra Gaming, well-known for its creative and innovative localized content, will see its games available across Czar and potentially multiple other Czar owned brands in the future.
The deal will further increase Vibra Gaming’s reach and enhance its reputation as the ‘go-to’ games and platform developer for LatAm facing operators.
This includes its highly engaging slots such as Carnaval Alegría and branded slots such as Condorito. Quick Games including Crash, Vibra Double and Vibra Dice containing action-packed features players will come back to time and again. Crash games are among the fastest growing real-money games segment in LatAm with millions of concurrent players engaging with simple to understand, high-action, quickfire content.
Vibra’s portfolio also includes a set of table games featuring Roulette and Blackjack, as well as unique video bingo content including titles like Egyptian Riches Gold and Underwater.
Ramiro Atucha, CEO, Vibra Gaming, said: “We’ve made huge strides with our games distribution and coverage in the last year to 18 months especially across LatAm”.“This continues to rapidly accelerate with brands such as Czar Gaming integrating our top performing content and offering it to their players. We’re delighted with our progress and there is plenty more to come, so watch this space!”
Pramod Padamati, CEO, Czar Gaming said: “We are delighted to be partnered with Vibra Gaming for Latam and we would like to take these to the rest of the world”.
Embrace the wild wolf’s spirit and follow the moon’s glow into the forest!
Explore the world of the mysterious forest with the Wolf’s Moon slot! Exciting Mystery symbols, powerful Boost symbols, and the thrilling Hold & Win feature await you here.
About Game
Wolf’s Moon slot has a captivating design that offers an enchanting gaming experience due to its complex mechanics. The game is meticulously structured around a 5-reel grid, featuring 25 distinct paylines, which provides multiple opportunities to the player to secure his winnings. Step in to the adventure with Wolf’s Moon and let yourself transported to a nocturnal world where the forest spirits join your hunt under the glow of the full moon.
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