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Stockholm-based operator Cherry AB has reported encouraging results for Q1 as well. Cherry Juice The undeniable trend of growth in iGaming was maintained in Cherry's positive gains reported for year-on-year growth in terms of both revenue and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the figures for the three months leading to March 31. Revenue Burst Total group revenue for the quarter topped out at SEK177.3 million (€19.1 million/$21.8 million), a stunning yet appropriately reflective jump of 86% from the SEK95.3 million posted in the same period last year. Adjusted Earnings Skyrocket EBITDA rebounded from losses of SEK4.5 million last year to post a positive figure of SEK25.6 million in the first quarter of 2016, while earnings before interest and tax also vaulted from negative SEK8.9 million to vault SEK25.6 million into the red. Online Share Grows The increase in online revenue earning was key component of this recovery, with Cherry disclosing that noted that online services account for 78% of its total revenue, compared to 63% last year, while online gaming business expanded 118% year-on-year to achieve an EBITDA of SEK16.5 million. Key Acquisition A lynchpin of Cherry's growth was new acquisition Yggdrasil Gaming. Cherry's new holding achieved year-on-year growth of 519%, with EBITDA up from a loss of SEK400,000 to a plus of SEK7.9 million. Strategy Cherry CEO Fredrik Burvall characterized these developments as consistent with his Cherry's strategy of combining organic growth with strategic acquisitions in order to grow at a faster rate than the market. Expansion Burvall is extremely confident and pleased looking ahead, identifying his companies diversified holdings as ideal for stated operational priorities of “continued strong expansion, strong profitability and strong growth of value.” Market Outlook The stated model of sustainability indicates how iGaming competition is going to heat up, with the most effective performers diversifying through strategic acquisition to stay ahead of an increasingly competitive market whose overall growth is driven by technological innovation.
Mobile gaming has taken the world by storm and with the popularity of smartphones and tablets, online casinos must meet the demand imposed by players who always want to have their favorite options available. High quality mobile sites are now a must for the leading brands and there are many factors to consider when looking at online casinos which can be accessed on such devices. Jackpot City Casino stands out with its mobile platform and not only does it further expand the colorful gaming world it created, but it also adds various special features for those who play the games on smartphones. The Mobile Casino at Jackpot City The brand has established itself as a leader with games from Microgaming, all sorts of promotional offers and a flawless history that goes back to 1998. However, it is the mobile platform which is now getting most of the attention from the players. Users can very easily start the casino on a mobile device by just accessing it from the browser on the smartphone or by downloading the free Jackpot City mobile casino app. This works on iPhone, Android and Windows phones and the collection is just as rich in titles, featuring slots, table games, video poker, progressive jackpot games and more. Although the screen is smaller, players can still see the details in their favorite games and enjoy the same nice HD graphics with rich sounds. With just a touch of a finger, a bet can be placed. Unique Features for Mobile Players The mobile version of Jackpot City Casino still includes the promotional offers desktop users can get by joining and making a deposit. In fact, there can even be specials designed for the mobile games. Everything can be done from the mobile app with ease and this includes deposits, real money bets and withdrawals in a secure environment with professional services.
The Social & Mobile Gambling Conference will be holding its third edition in Moscow, Russia on the 2nd of June, 2016. The conference brings together the biggest brands and industry leaders in the gambling field to discuss the current state and future of mobile and social gambling. As the bulk of the gambling industry games are slowly but surely migrating towards mobile devices and social media, the leading figures in the field have been organizing in conferences like The Social & Mobile Gambling Conference and many similar ones in order to exchange know-how, find current and future trends and discuss the state of the industry as it is today. Among this year’s guests, the conference will include game developers gambling club representatives, IT- company representatives, social games experts, designers, mobile application developers, venture capitalists and consultants to name a few. Speakers Will Offer an In Depth Look at the State of the Industry Among speakers at this year’s edition attendees will have the pleasure of listening to: Andrey Stain – Head of business development at the Russian market Clickky; Kirill Stepanenko CEO and Co-Founder at Win Happens; Boris Lukash, Chief Operating Officer and Co-founder at Win Happen; Aleksandr Petukh, Co-founder, director and evangelist at Lord of Poker IT startup; Mariya Lepschikova, Lawyer LLC PL. Among the main subjects that will be addressed during the conference special focus will be given to the most popular current trends in social and mobile gambling. Other subjects will also include what the future of these highly competitive segments of the gambling market reserves; and differing trends for Europe and the United States. Know-How on How to Increase Profit and Presence in the Present Market Game developers will also give insight into how to make a game profitable and interesting in an overcrowded market and what tools and strategies have the most potential for bringing in the most clients. Attendees will also have the chance to learn how to comply with the stringent regulations of the mobile and social segment from legal professionals that specialize in the field. There are 4 types of tickets available including VIP tickets and tickets for the conference, party and exhibition.
Bayern won another trophy in Germany, something that was expected from them, but otherwise the season was pretty disappointing. Winning the Bundesliga is today just a pale consolation for failing to reach the final stage of the Champions League. They can still salvage the season by winning the DFB Pokal against their bitter rivals from Dortmund. A Departure Gift from Pep Guardiola The talented Spanish manager did a fine job with Bayern, but his performance in Germany is a far cry from his achievements with Barcelona. The fans have very little to blame him for as he turned the new team into the best German squad, before he leaves for Manchester City. There is still one more thing that he can do for the fans and this is to hand them the DFB Pokal on a silver platter. The German first division ended last week, so there was plenty of team for the players to rest ahead of this decisive match. The game will be played on a neutral venue, which benefits Bayern more than Dortmund, as they won more matches on the road this season. Everything on the Line for Dortmund If Bayern fans are disgruntled by the Champions League performance, their counterparts in Dortmund are surely furious. They find no consolation in being the runners-up in the Bundesliga and their untimely elimination from Europa League was disheartening. They are hoping for another narrow victory over their archrivals like the one secured last year, but it’s unlikely to get it. Bayern will very likely win another trophy, an outcome priced by bet365 Sports at 11/10, as they won’t take any chances and try to win the match in regular time. Betting on more than 2.5 goals is also an option, but one less exciting than picking the outright winner and these great odds.
On the second and third of June, the ECC Sokolniki will be the venue for Russian Gaming Week for its decade edition. The conference is the leading Eastern European international gambling and entertainment exhibition that hosts leading gambling companies, from the CIS and many other foreign countries. Industry representatives will be there to celebrate ten years of the Russian Gaming Week and to discuss online gambling in Eastern Europe and the latest legal changes. Russian Gaming Week Russian Gaming Week has become one of the premier platforms for iGaming, putting manufacturers, operators, game developers and many more, on the same floor to discuss the latest news and innovations in online gambling. Last year, Russian Gaming Week saw a huge number of participants flock to the conference and this year even more people are expected to make the trip. There have been more international companies from cross-market segments invited to the 10th edition of the forum, which should make for one of the most successful events of the last decade. What's in Store? The conference is a stage for Russian speakers and foreign gaming leaders to come together and perform some serious networking. There will also be many of the top developers in the gaming industry there to show their latest innovations, software and new equipment available. This year, attendees will be able to talk about social network gaming and the growing mobile casino market, new laws for online sportsbetting, oddities in the CIS gambling business, different gaming zones in Russia and more. Who will be there? The conference will host hundreds of guests including software developers, online gambling operators, stock and OTC trading representatives and representatives of affiliate programs, social gaming specialists, online banking companies, security system and investors, quality control and more. Betting Awards 2016 One of the most important aspects of these events is the Betting Awards, which nominees of various online betting categories will be voted upon by their peers and awarded at an awards ceremony at the conference.
Sevilla did it again and won the Europa League for the third time in four years and now has just one more important match to play. Liverpool was a tough opponent, but the one they will taking on over the weekend is from an entirely different league. Barcelona has won the domestic championship once again but failed to reach the Champions League final and is in a dire need for the Copa del Rey trophy. Rare Victories on the Road Sevilla is the only Spanish team that finished the regular season without winning a single match on the road. They were not too effective in cup games either but somehow found a way to win those decisive matches and the recent Europa League victory is the perfect example. Now they will take on Barcelona in Madrid and they can expect to have more local fans on their side. This is unfortunately the only advantage that Sevilla has in this match, with Barcelona being the better side on all levels. The last time the two teams met the reigning champions won, avenging the first leg defeat but on both occasions it was Sevilla who scored first. Interesting enough, in the last 10 games, both teams scored at least once so there is a high probability for many goals to be scored on Sunday as well. Only Three Days to Recuperate Sevilla has won the Europa League on Wednesday evening and the players celebrated that victory in Basel before returning home. They only had three days to regain their strength, before playing an even more difficult match against Barcelona. By comparison, their opponents are well rested, have no players missing due to injuries or suspension, so they can field the best starting formation. Everything suggests a comfortable victory for Barcelona but risk-averse punters can settle for even odds offered by bet365 Sports on the champions to win by two goals or more.
The Polish gambling legislation has remained largely unchanged since 2009 when the Gambling Act was passed. The restrictive laws prevented both local and international gambling operators from reaching their full potential within national borders. Deputy Prime Minister and Minister of Science and Higher Education Jarosław Gowin, has proposed a couple of changes to the aforesaid Gambling Act. If they get support in the Polish Parliament and are adopted, the Polish betting market should be better regulated. More Delays for the New Polish Gambling Act Gambling operators and players alike were looking forward to see the new proposals for the Polish Gambling Act, announced earlier this year by Paweł Szałamacha. These were delayed several times and that is what prompted Jarosław Gowin to take action and make a couple of proposals of his own. The new law needs the support of the governing party, but if it passes, betting and poker will be excluded from the Gambling Law. At the time of writing, poker can only be played in licensed brick-and-mortar casinos, while games played in private houses are strictly forbidden. Those who are caught playing risk hefty fines and even imprisonment, something that the Deputy Prime Minister wants to change. Major Changes in Betting Taxes The proposed gaming tax would consist of a 20% levy on betting revenue, rather than the 12% turnover tax that is currently in effect. 10% of the revenue generated will be divided between the Polish Olympic Committee which would get 7% and organizations fighting gambling addiction who would claim the remaining 3%. Sports teams in Poland would also benefit from this measure, as they are expected to earn an additional €25 million. Only sports betting operators that hold a valid Polish license will be allowed to cater for local players, while the rest would have their payments and IP blocked.
Even with few states legalizing online gambling, the United States market seems to be booming. This year has produced growth beyond any analyst's predictions with month-to-month growth coming in at 29.3 percent with a peak being hit this April. While the Whole Market is Growing Some States are Booming Within the US some states have managed to outperform the country's growth with New Jersey registering huge revenue culminating in an April high of $17 million. This is nearly 34% up from April of 2015 when revenue came in at $12.7 million. April’s results came when just a month earlier the state had its first year on record when revenue surpassed the $15 million marker. According to the New Jersey Division of Gaming Enforcement, the significant monthly win registered this April was divided between a growth in online poker revenue which grew from $2 million in April 2015 to $2.6 million and online casino growth which in turn grew from $10.7 million in 2015 to $14.4 million. The revenue was mainly split between the five major online casinos operating in the state. The Borgata had the biggest revenue this month with approximately $4 million, the Resorts followed with $3.5 million in revenue, the Golden Nugget registered $3.3 million in revenue, Caesars Interactive NJ registered $3.2 million in revenue and while Tropicana had $3.1 million in revenue. Growth Isn't Really a Surprise The significant growth is down to a number of reasons; one of the most important is that the entire gambling market has yet to reach its full potential in the United States, with yearly growth being the norm for quite some time to come. Other elements that influenced growth in the first trimester of 2016 is the cold season, which makes gambling form home a better option as well as the first full month PokerStars was in full action in the state. This month’s revenue increase in New Jersey is just the beginning as online gambling is just starting become part of the conversation in the United States. The market is far from its full potential and with increased popularity, more special events and the opening of more and more big gambling brands the growth pattern should continue for quite some time.
The 2016 French Open has begun and the biggest names on the ATP tour are all vying a berth into the later rounds. Today there will be matches by the likes of Stan Wawrinka, Milos Raonic and UK favorite Andy Murray. The opening day went down without a ton of matches, but some players had major issues with the officiating. Punters will have the pleasure of getting full access to all the games through UK sportsbook bet365 Sports, including live in play betting and live streams of many of the mathes. Highlight Matches of Day 1 The day on court 1 will begin early this morning, as the defending champion Stan Wawrinka begins the defence of his titles against Lukas Rosol. Following the withdrawal of his Swiss comrade Roger Federer, Wawrinka is seeded third is looking to win his fourth ATP title of 2016. Rosol is not favored to win this match, but if you remember, he knocked out Rafael Nadal at Wimbledon in 2012. He has reached the quarter-final of the French Open in the past on two occasions, but to face Wawrinka on opening day is a draw he would surely like not to be his. Bet365 oddstracker: Rosol 9.00 Wawrinka 1.071 The second highlight of the day will be between Canadian Milos Raonic vs Janko Tipsarevic. Raonic should have no problem putting the Czech down, as the 686 seeded player has been humbled by injuries and is playing in his first French Open since 2012. Bet365 oddstracker: Raonic 1.020 Tipsarevic 19.00 The biggest match of day one will undoubtedly be between the experienced Radek Stepanek and world number 2, Andy Murray. These two have met eight times in the past with Murray winning 6-2. The past really doesn’t mean much though, as Murray is playing some of the best tennis of his life winning the Rome Open and just missing out on the title in Madrid. At Madrid, Murray crushed Stepanek and odds are that will be the outcome tonight. Bet365 oddstracker: Stepanek 19.00 Murray 1.020
With the Champions League Final between Real Madrid and Atletico Madrid just five days away, NetEnt has released a new soccer-themed slot that is sure to put players in the mood for the big game. Champions Cup Slot is the newest titles from NetEnt and it has already received a lot of interest. A couple of weeks ago, NetEnt released a YouTube video revealing a few minutes of actual gameplay and this game looks incredible. About the Game Champions Cup is a 5 reel, 3 row and 25 payline video slot that is perfect for soccer fans. At the beginning of the game, players can actually select the team that they want to play with, which is an excellent feature. The game is jam-packed with bonus features including a very cool bonus penalty shot game in which players will win extra credits and cash as they choose one of four corners of the goal and blast penalty kicks past the goalkeeper. Each time the ball goes in the net, an additional free kick is granted. The game also features between 2 and 5 random wilds that appear after a spin on the first four reels. The gameplay is fantastic and it is a great way to get anyone in the mood for the big matches this June at the European Championships in France. Win up to $70,000 Worth of Prizes To celebrate this brand new game, NetEnt will be giving away over $70,000 worth of prizes to players during the Euro Championships. Prizes will include a brand new surround sound chair, gaming consoles, Go Pro Hero 4 cameras and tons of cash prizes. The biggest prize will be a VIP soccer experience in which one lucky winner will be sent to 3 matches in 3 countries in one week. Reason enough to try your luck at this game. Where to Play NetEnt casinos like 777 Casino, Playamo Casino and Video Slots Casino will be among the first brands to receive this brand new game.
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