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NOVOMATIC to Showcase Latest Products at Peru Gaming Show
NOVOMATIC is going to showcase a wide variety of its latest products at the forthcoming Peru Gaming Show in Lima. On Stand #48, NOVOMATIC Peru will show to the visitors a new product selection for the market, including game titles being previewed in Latin America for the first time.
Centre stage will be a series of high-impact Links, including the ENCHANTED FORTUNES⢠Linked Jackpot, which has been gaining traction in Peru since its introduction earlier this year. Presented on the sleek PANTHERA⢠Curve 1.43 cabinet in 4K, leading titles Asian Fortunesâ˘, Voodoo Fortunesâ˘, Goddess Rising⢠and Book of Ra⢠Mystic Fortunes that feature a variety of base and feature games will each connect to four linked progressive jackpot levels.
The new THUNDER CASH⢠Link will be previewed on the twin-screen PANTHERA⢠2.27 cabinet with the Asian theme Emperorâs Chinaâ˘, the Roman theme The Great Conqueror⢠and the Egyptian theme Empress of the Pyramidsâ˘. Each game brings its own engaging features to the reels with bold graphics and dynamic gameplay. In addition, the CASH CONNECTION⢠Link makes its premiere in Latin America with the Charming Lady⢠theme that introduces the widely recognised Lucky Lady character to the world of linked progressives.
Another first for Latin America is PAY DAY⢠â a 6-level standalone progressive game series â featuring three games that will be presented on the highly popular V.I.P. Lounge⢠2.32 cabinet. Players search for the PAY DAY⢠symbol with the loveable panda in Prized Pandaâ˘, in Ancient Egypt with Prizes of the Nile⢠and in the traditional Pay Day⢠theme with classic symbols.
A selection of single games designed for single-screen and curve cabinets, from Winfinity Games and 707 Games studios in Austria and Mount Prospect Studio in the US, will be presented in 4K on the 43â curved screen of the PANTHERA⢠Curve 1.43 and V.I.P. Lounge⢠Curve 1.43. Two Asian themes bring fire-breathing dragons to the reels with an array of unique bonuses in Dragon Hits⢠and Asian Dragon⢠hot, and an epic all-American wildlife adventure bursts onto the reels in Great American Wildsâ˘.
New multi-game mixes on display at the Peru Gaming Show will include NOVO LINE⢠Interactive Edition X1 that targets Latin America with a selection of classic and new games like Book of Ra⢠Temple of Gold, Viking & Dragon⢠and Sizzling Hot⢠deluxe. In addition, the NOVO LINE⢠Interactive Concurve Edition 4 mix will be displayed with leading curve titles such as Riches of Babylon⢠and Phoenixâ˘.
Jens Einhaus, VP International Sales for Europe/Americas, said: âI look forward to the Peru Gaming Show which will be the first trade show in my new position as VP of Sales for Europe and The Americas. We have a strong market share and great team in Peru, and our games continue to be very successful throughout the country. I am confident players will quickly take to our new games and links, increasing our presence even further in the market.â
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Playân GO announces landmark partnership with Resorts Digital Gaming
Playân GO, the worldâs leading casino entertainment provider, has today announced its latest US operator partnership, with Resorts Digital Gaming, in the state of New Jersey.
Resorts Digital Gaming was acquired by Boyd Interactive in September 2024, and this announcement sees the groupâs players on the www.resortscasino.com and www.mohegansuncasino.com brands in New Jersey gain access to a multitude of classic Playân GO game titles, such as the legendary Book of Dead, Rise of Merlin, and Rise of Olympus.
Playân GO entered New Jersey in September 2022, shortly after first launching in the US via the state of West Virginia in July of that year. It has since seen its games live in Michigan, Pennsylvania, and most recently, Connecticut.
Magnus Olsson, Chief Commercial Officer at Playân GO, commented âNew Jersey has been of crucial importance to our US operations for over two years now, so it is with great pleasure that we make this announcement in conjunction with Resorts Digital Gaming.
âThe company joins together two instantly recognizable operator brands, and the addition of Playân GOâs games will be of enormous mutual benefit. We confidently describe ourselves as the worldâs leading casino entertainment provider, and partnerships like this one are of great importance to us in establishing that idea. Weâre excited to see this partnership flourish.â
Jim Ryan, Chief Executive Officer at Boyd Interactive, added âThe whole Resorts Digital Gaming team is excited to bring Playân GO games to our players. Playân GO is one of the worldâs leading iGaming brands, and weâre confident that our players are as excited as we are to see those Playân GO titles on both www.resortscasino.com and www.mohegansuncasino.com.â
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Aristocrat Announces the Sale of the Plarium Mobile Gaming Business to Modern Times Group for an Enterprise Value of up to $820M
Aristocrat Leisure Limited announced that its subsidiary, Pixel United Holdings Limited, has entered into a binding agreement for the sale of Plarium Global Limited (Plarium) for a fixed consideration of $620 million, with contingent consideration of up to $200 million to Modern Times Group (MTG) (Nasdaq Stockholm: MTG B), an international, mobile-first gaming group that offers a wide range of popular game franchises.
Following the strategic review announced in May 2024, the divestment of Plarium is an important milestone for Aristocrat as it focuses on growth across its regulated gaming strength in core land-based gaming, real money gaming and social casino opportunities.
The total consideration for the sale comprises:
⢠fixed consideration of US$620 million, comprising US$600 million payable upon closing of the transaction and a deferred payment of US$20 million payable in April 2026; and
⢠contingent consideration of up to US$200 million, subject to the achievement of certain financial targets over calendar years 2025 to 2028.
Proceeds from the transaction will be deployed to fund Aristocratâs longer term growth strategy in line with its capital allocation framework. The transaction is expected to enhance Aristocratâs revenue growth rate and margins going forward.
Acquired in October 2017, Plarium generated an internal rate of return (IRR) in the mid-teens during the period of Aristocratâs ownership. It provided capability and digital expertise across Aristocrat, diversification of its portfolio through the COVID-19 period and continues Aristocratâs successful acquisition track record.
Aristocratâs Chief Executive Officer and Managing Director, Trevor Croker, said: âThe sale of Plarium follows a strategic review into our casual and mid-core gaming assets that we announced in May 2024. With the expanded Aristocrat Interactive business now sitting alongside Aristocrat Gaming and our market leading mobile social casino business, we are increasingly focused on opportunities to lean into Aristocratâs strengths in regulated gaming content and social slots.
âAristocrat has incorporated a range of Plariumâs strategic capabilities and mobile content know-how into its core gaming operations over the past seven years, benefitting from digital marketing and UA management capability, enhanced live operations, and scaling and growing our combined social casino business. We are pleased also to have achieved an IRR from the acquisition of Plarium in excess of our target rates. Our ownership of Plarium has helped to drive Aristocratâs digital transformation, extending our track record of successfully acquiring businesses to accelerate our strategy.â
In the unaudited financial results for the year to 30 September 2024, Plarium contributed approximately $615 million, $166 million and $110 million to Pixel Unitedâs Revenue, Segment Profit and EBITA post-D&D expenditure, respectively. Aristocrat expects the sale of Plarium to be mid to high single-digit percentage points dilutive to NPATA in FY25 on an annualised basis.
The total consideration from the sale, comprising of $620 million fixed consideration and up to $200 million contingent consideration, compares to a Plarium book value of approximately $450 million as at 30 September 2024 and is expected to result in a gain on sale in FY25, with the final amount to be determined based on the closing date and other customary closing adjustments.
The transaction is expected to close in the first half of calendar year 2025 and is subject to customary closing conditions, including receipt of regulatory approvals.
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Caesars Virginia Opens Dec. 12, 2024
Caesars Virginia announced that its highly anticipated opening date will be Thursday, Dec. 12, 2024. The resort will welcome its first guests beginning at noon. Additional details on the opening festivities will be announced at a later date.
Caesars Virginia is a 587,000 square foot casino resort with more than 90,000 square feet of gaming space, including nearly 1500 of the newest, most exciting slots, 79 live-action table games, 48 electronic table games, a WSOP poker room, and Caesars Sportsbook. Additionally, Caesars Virginia is also home to a 320-room hotel tower, 50,000 square feet of meeting and convention space that also serves as a 2500-seat live entertainment venue, full-service spa, pool and a wide variety of dining, including the recently announced Ramsayâs Kitchen by multi-Michelin-starred chef and television personality Gordon Ramsay and the 500 Block Food Hall by local developer Rick Barker and local restaurateur Steve Parry, as well as multiple bars and lounges.
Caesars Virginia is also part of the expansive Caesars Rewards network. Caesars Rewards members earn and redeem Reward Credits at any of Caesars Entertainmentâs 50+ properties, including destinations in Las Vegas, Atlantic City, and Lake Tahoe.
âWe have worked diligently on creating a world-class resort that will offer all the luxurious and modern amenities expected from Caesars that will also serve as an economic driver for Danville and the surrounding region through employment and tourism. Weâre so proud of Caesars Virginia and look forward to welcoming guests on Dec. 12,â said Barron Fuller, Regional President for Caesars Entertainment.
âOur property started out with just over 400 Team Members when the temporary facility opened last year, and we are on track to hire more than 1200 by the time we open our doors in December. Through numerous hiring events in the region, training at facilities in Danville and overall support from local and state leaders as well as the business community, we are prepared to continue delivering the Family Style Service that Caesars is known for to our guests in the new, beautiful, destination resort,â said Chris Albrecht, Senior Vice President and General Manager of Caesars Virginia.
âOur partnership with Caesars Virginia marks a significant milestone in the regionâs growth, creating jobs and economic opportunities that will benefit both Danville and surrounding communities. The Eastern Band of Cherokee Indians is proud to be a part of this exciting new chapter, as this resort represents an impressive investment in hospitality and entertainment. We look forward to building stronger ties within the region and seeing the positive impact Caesars Virginia will have, providing opportunities and experiences that honor the unique spirit and diversity of this area,â said Principal Chief Michell Hicks of the Eastern Band of Cherokee Indians.
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