Great 2016 Profits for 32Red plc
32Red Plc, the online gambling site that was recently acquired by the former Unibet Group, Kindred, has released its full year report for 2016.
The group said that both corporate profits and revenues grew significantly in the 12 months ending December 31st, 2016, while 77% of its gaming revenue was generated from regulated gaming markets. Profits grew over a staggering 500% to GBP 6.5 million (up from GBP 1.1 million), while revenue climbed 28% to GBP 62 million.
32Red plc, which is listed on the London Stock Exchange was highly satisfied with the results. CEO, Ed Ware said:
“This outstanding operational progress has resulted in another hugely successful financial outcome with EBITDA more than doubling and revenues rising by an impressive 28% to exceed prior records.”
Kindred finalised an acquisition deal with 32Red Plc last month, said to be worth GBP 175 million. Check out the 32Red plc gaming site.
New James Bond Casino Games by Scientific Games
James Bond, the legendary fictional British spy made famous by the author, Ian Fleming in 1953, will feature on social slots, lottery games and land-based games, thanks to a new licensing deal signed between Metro-Goldwyn-Mayer and Scientific Games.
The lucrative deal will allow Scientific Games to create new gaming products based on past and future James Bond characters and story lines.
Kevin Sheehan, the CEO of Scientific Games, said that James Bond is synonymous with action, excitement and next-generation technology. As such, he said that the group was “looking forward to harnessing the power of the Bond brand to drive innovation across the company in the years ahead.”
iSoft Bet Releases new Forest Mania Slot
Players at iSoftBet powered online casinos should look out for a new game release by the software group. iSoftbet revealed that its new Forest Mania video slot boasts 100 lines that are placed on two sets of five reels. The one set has four rows while the other has 12. The game is available on desktop or can be enjoyed by gamblers on the go on mobile devices.
Inspired by a woodland theme, the game allows players a one-of-a-kind experience of placing a bet while virtually wandering among sky-scraping trees with exotic and colourful creatures.
Forest Mania slot is available in regulated markets such as the UK and Spain. iSoftBet first introduced the slots game to the industry at this year’s ICE Totally Gaming event held in London, and said that since then, the slot has received rave reviews.
Mr Green Signs with Pragmatic Play for New Games
There are now 150 new HTML5 titles in Mr Green Casino’s portfolio of games, thanks to a new deal signed between the industry-leading online casino and Pragmatic Play games developer. Among the new slot games available at Mr Green Casino include Mighty Kong slot and Queen of Gold slot.
CEO of Mr Green Casino, Jesper Karrbrink commented on Pragmatic Play’s games;
“Their portfolio of unique games content allows our brand to continue to improve our casino product offering and user experience, which are key elements in our business and market expansion strategy.”