This week in B2B news (19 May)
All of the latest news from the supplier sector of the industry, including updates from Bragg Gaming, Evolution and Soft2Bet
Bragg Gaming goes live with Gran Madrid|Casino Online
Bragg Gaming has extended its reach in Spain by rolling out exclusive partner content with Gran Madrid|Casino Online.
The operator can now access various titles from Bragg’s in-house and partner studios.
Lara Falzon, president and COO at Bragg, commented: “We’re delighted to have launched our content with Gran Madrid|Casino Online, providing a broad and rich portfolio of exclusive and high-quality casino titles that we’re sure Spanish players will enjoy.
“This latest rollout is part of our ambitious growth plans for the year as we look to continue our expansion across key regulated European markets and beyond.”
José Félix Herreros, country manager at Gran Madrid|Casino Online: added: “The addition of Bragg’s comprehensive range of titles enables us to boost our offering and provide our customers with unique gaming experiences. As we continue to grow our brand, we highly value this strategically important collaboration with Bragg, a leading provider in the igaming space.”
Evolution and Galaxy Gaming extend agreement
Evolution has extended its licensing agreement with Galaxy Gaming for another 10 years.
This new agreement builds on the existing success of Galaxy Gaming table games and side bets, which are already available on Evolution and Ezugi products.
Todd Cravens, president and CEO of Galaxy Gaming, said: “Extending our pre-existing and long-standing partnership with Evolution aligns with our focus to deliver the best table game content to everyone, everywhere. Evolution continues to develop a robust catalogue of top-performing and innovative online titles. We are delighted to continue to be a part of this impressive live casino product portfolio and thrill their players with our world-famous games.”
Fredrik Bjurle, chief product officer at Ezugi, part of the Evolution Group, added: “We are thrilled to extend our partnership with Galaxy Gaming. Our continued collaboration is a testament to the success we have achieved together over our decade-long partnership. We are looking forward to the future and to continuing to offer these amazing games and side bets to Evolution Group licensees and their players.”
CreedRoomz inks deal with Alea
CreedRoomz has partnered with Alea, which will see the supplier offer its collection of live casino games, including classic games and region-specific titles, to Alea’s network.
These games will be integrated into Alea’s gaming portfolio, and the pair believe this new partnership will lead to continued growth and success in the gaming industry.
1X2 Network receives Swedish B2B gaming licence
1X2Network has been awarded a B2B gaming licence by the Swedish Gambling Authority (SGA), after the regulator opened applications in May.
The supplier already holds a number of B2B licences worldwide, including in the UK, Romania, Greece, Malta and Ontario, Canada.
Kevin Reid, CEO at 1X2Network, said: “We’re thrilled to obtain the relevant approvals for our organisation in such a respected igaming jurisdiction.
“Now that we’ve received the licence, we will continue in our quest to become one of the most widely distributed suppliers in regulated igaming markets by driving our expansion in Sweden and securing partnerships with the market’s top-tier operators.”
Soft2Bet awarded a licence in Greece
Soft2Bet has been granted a company betting events and casino games remote gaming licence by the Hellenic Gaming Commission’s Gaming Supervision and Control Commission in Greece.
This licence sits alongside other European gaming licences awarded to the supplier from the Malta Gambling Authority, the Swedish Gambling Authority, the Danish Gambling Authority and the Gambling Regulatory Authority of Ireland.
David Yatom, Soft2Bet’s group general counsel, remarked: “The issuance of our betting events and casino games remote gaming licences in Greece is a terrific step forward for Soft2Bet. We view this as a springboard for further growth and are excited to pursue additional licence opportunities in the near future.
“Soft2Bet remains focused on and committed to expanding its operation and bringing our exceptional gaming experience to even further more markets across the globe. This very much highlights the company’s commitment for expenditure to even further regulated markets across Europe and around the globe. rather repetitive It is an additional important step in the right direction for Soft2Bet.”
SOFTSWISS announce digital coin results for Q1 2023
In the opening quarter of 2023, SOFTSWISS’ total bets indicator showed an increase of 44.6% year on year and by 2.2% for Q4 2022.
In absolute terms, the sum of wagers in crypto has seen signs of growth. In Q1, the share of bets in digital coins accounted for 30% of total
Speaking on these results, Andrey Starovoitov, co-CEO at SOFTSWISS, explained: “Despite the global events of 2022, which have undoubtedly caused most digital coins to fall in value, we are now seeing them rise in value again. For that reason, we are observing both growth in the igaming market in general and also an increase in the sum of bets made by crypto players.
“We expect digital coins to remain in stable use by players in 2023 and could see more significant growth with a combination of two factors: competent retention of players and the absence of strong volatility in the crypto market.”
Compared to the final quarter of 2022, the top three most-used digital coins remained the same: Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). However, the shares between them changed; Bitcoin rose by 1.9 p.p., at the expense of smaller currencies, while Ethereum remained the same.
The final shares for Q1 2023 were BTC at 76.5%, ETH at 8.4% and LTC at 5.1%.
On the changes in cryptocurrency, Max Trafimovich, chief commercial officer at SOFTSWISS, said: “Over the last few years, we have seen a steady increase in demand for crypto-ready solutions, be it for launching a casino or a sports betting venture. It’s undeniable that some crypto igaming operators have drawn much attention and accolades on a global level.
“Besides crypto, such operators also happen to be at the forefront of various other innovations, those going beyond the payments aspect. SOFTSWISS will remain the ultimate partner on this frontier with new crypto-oriented technologies, top-level service and security.”