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Zynga to Celebrate Pride Month With LGBTQIA2S+ Inclusive In-Game Events, Social Spotlights and More

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Zynga to Celebrate Pride Month With LGBTQIA2S+ Inclusive In-Game Events, Social Spotlights and More

 

Throughout Pride Month in June, Zynga Inc., a global leader in interactive entertainment, will kick off a celebratory lineup of in-game features, employee spotlights and social integrations across several titles to promote LGBTQIA2S+ inclusivity, diversity and belonging. LGBTQIA2S+ refers to Lesbian, Gay, Bisexual, Transgender, Queer/Questioning, Intersex, Asexual, Two Spirit and countless ways in which people self identify.

To support LGBTQIA2S+ causes, zPride, a Zynga employee resource group, is donating a total of $50,000 to several non-profits. Gifts of $20,000 each will support Brave Space Alliance, the first Black-led, trans-led LGBTQ+ Center, and the LGBT Foundation, a U.K.-based charity that delivers services, advice and support for the LGBTQ+ community. In addition, zPride is joining Gay Gaming Professionals as a corporate sponsor with a $10,000 donation for its scholarship program that helps marginalized and LGBTQ2SA+ students interested in gaming careers.

“I am honored to support zPride’s thoughtful approach to raising awareness through sponsorships that are intersectional, global and upstream,” said Vijay Pendakur, Chief Diversity, Equity and Inclusion Officer of Zynga and the Executive Sponsor for zPride. “At Zynga, we are committed to equity and inclusivity while supporting the LGBTQIA2S+ community throughout gaming and beyond.”

As part of the commemoration, Zynga welcomes all players to join in on the inclusive fun with the following in-game events and social features:

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FarmVille 3
Month of June

During Pride Month, FarmVille 3 will spotlight four lovable characters who identify as LGBTQIA2S+: Bobbi Stitch, Ginny Glaze, Chad Wood and Carlos Cardova. As FarmVille 3’s iconic stylist, Bobbi says the best accessories in life are inclusivity, togetherness and acceptance. An award-winning grill master, Ginny is firing up Pride Month with her message that love is love regardless of our differences. Chad, the farm’s resident lumberjack, invites everyone to join him in chopping down biases and planting seeds of love. Carlos is a brilliant and creative ice-cream maker who hopes we can melt our differences and create the perfect scoop of diversity and equality.

Game of Thrones Slots Casino
June 4 – 6 // June 25 – 26

To celebrate Pride Month, Game of Thronesℱ Slots Casino will send players on a special Pride-themed quest hosted by the House of Martell. Throughout the month of June, this limited two-day event will feature Oberyn Martell and Ellaria Sand as players spin their way through different slot machines to earn extra coins.

High Heels! // Pride 2022
Month of June

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Throughout the month of June, Rollic invites High Heels! players to #PlayWithPride as they strut down the festive runway with brand new characters, new themed accessories and an exclusive Pride heel design! The special in-game event also includes limited-time gift boxes to collect, a new friendly pet to adopt and an exclusive new bonus level full of Pride.

Hit It Rich! Casino Slots // Elvira’s Pride Parade
June 8 – 13

A special guest is coming to Hit It Rich! Casino Slots – Elvira! For a limited time in honor of Pride Month, players can join Elvira’s Pride Parade in-game, spinning their way through different challenges and earning rewards along the way. Those players who complete the SlotVenture challenge will earn a huge jackpot at the end!

Wizard of Oz Slots
Month of June

Pride month is hitting the Emerald City! To celebrate, Wizard of Oz Slots is treating players to special bonus #PlayWithPride challenges and rewards, including a raffle for a RARE Rainbow Pack at the end of June.

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WWF 2 // Rainbow Challenge
June 6 – 12 // June 15 – 19

In celebration of Pride Month, Words With Friends 2 invites players to complete special in-game events and earn unique rewards to show their pride. From June 6 to 12, players can engage with a special Solo Challenge where they can advance along the Pride Parade Route against community members to earn unique badges. From June 15 to 19, players can match wits with the couple Gia & Fia to earn a specially themed profile frame. In addition, Words of the Day throughout Pride Month will highlight diverse words.

Zynga Poker
Month of June

Zynga Poker is inviting players to show their pride with a special celebration in-game for the month of June. Kicking off on June 1, players can send high value, pride-themed table gifts to their poker buddies, ranging from Pride cocktails to chips and flags. Players can also express themselves while at the virtual tables with a special Pride emote that will be available for a limited time.

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Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)

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Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)

 

Bragg Gaming Group, a global B2B content-driven iGaming technology provider, reported record revenue for the third quarter of 2024.

Summary of 3Q24 Financial and Operational Highlights

Euros (millions)(1) 3Q24 3Q23 Change
Revenue € 26.2 € 22.6 15.9 %
Gross profit € 14.0 € 11.9 18.1 %
Gross profit margin 53.5 % 52.5 % 99 bps
Adjusted EBITDA(2) € 4.1 € 3.8 7.1 %
Adjusted EBITDA margin 15.6 % 16.9 % (129) bps
Operating Income (Loss) € (0.4) € (2.1) (81.0) %

(1) Bragg’s reporting currency is Euros. The exchange rate provided is EUR 1.00 = USD 1.12. Due to fluctuating currency exchange rates, this reference rate is provided for convenience only.
(2) “Adjusted EBITDA” is a non-IFRS measure. For important information on the Company’s non-IFRS measures, see “Non-IFRS Financial Measures” below.

Chief Executive Officer Commentary
MatevĆŸ Mazij, Chief Executive Officer for Bragg, commented, “The third quarter marked another period of strong growth and record results for Bragg. Revenue grew 16% year-over-year, gross profit increased 18%, and Adjusted EBITDA rose 7%. In the U.S., strong third quarter revenue gains from content distribution helped drive a 40% global increase in proprietary online content revenue year-over-year.

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“Additionally, we announced today that the Board of Directors has unanimously decided to conclude its review of strategic alternatives for Bragg. After extensive evaluation and deliberation, the Board determined that the ongoing execution of the Company’s strategic plan is the best way to maximize value for shareholders at this time.

“Since stepping in as Chairman 16 months ago and then as CEO 14 months ago, we’ve transformed our executive team, restructured commercial operations, and sharpened our sales strategy with a targeted, jurisdictional approach. These decisive actions position us to drive growth and capture market opportunities with greater precision and impact. Under new leadership, we’ve built a strong pipeline of tier 1 opportunities across key markets and key products, positioning Bragg for accelerated top- and bottom-line growth.

“With the strategic review process now complete, Bragg is now fully focused on commercialization and unlocking profitable growth, without the need for significant new investment in product development. Our decade-long investments in technology and talent, combined with a robust leadership team, have built a scalable platform that uniquely positions us for aggressive growth in 2025 and beyond. With significant operating leverage now within reach, we’re poised for an exciting, high-growth, and profitable future.”

Third Quarter 2024 and Recent Business Highlights

  • Launched its newest games and Remote Gaming Server (RGS) technology with Caesars Digital in Pennsylvania and Ontario. The launch marked the expansion of Bragg’s existing partnership with Caesars Digital, following earlier launches in New Jersey and Michigan respectively, doubling the number of states/provinces in which Bragg content is offered on Caesars Palace Online Casino and Caesars Sportsbook & Casino.
  • Launched its newest games and RGS technology with FanDuel in New Jersey, adding to its existing distribution with the leading North American operator in Michigan, Pennsylvania, Connecticut and Ontario
  • Post-quarter end, the Company additionally launched its newest games and RGS technology with bet365 in New Jersey, following on from its second quarter launch in Pennsylvania, and an earlier launch in Ontario with the major global iGaming operator
  • Launched HardRockCasino.nl in the Dutch market, supplying its cutting-edge player account management (PAM) software to the brand. The agreement is Bragg’s 6th PAM customer in the Netherlands, reinforcing Bragg’s status as the leading technology and content supplier in the Dutch market
  • Launched the Kambi sportsbook on 711.nl, adding an additional revenue-generating product stream to a key PAM customer in the Netherlands
  • Management is pleased to announce the appointment of Robbie Bressler to CFO of Bragg, effective immediately. Robbie had been serving as Bragg’s interim CFO since July 1, 2024.

Additional September 30, 2024 Key Financial Metrics

  • For the nine-month period ended September 30, 2024, Cash flow generated from operations was EUR 8.4 million (USD 9.4 million), compared to EUR 6.2 million (USD 6.9 million) for the nine-month period ended September 30, 2023.
  • Cash and cash equivalents as of September 30, 2024 was EUR 11.6 million (USD 13.0 million) and net working capital, excluding deferred consideration, loans payable, and convertible debt, was EUR 11.3 million (USD 12.7 million)

Strategic Alternatives Process Concluded
The Bragg Board announced the strategic alternatives process in March 2024 with the formation of a Special Committee, comprised solely of independent members of the Board. The Committee, together with its advisors Oakvale Capital LLP and Blake, Cassels & Graydon LLP, evaluated a wide range of strategic alternatives for maximizing shareholder value including a potential sale or merger of the Company. Bragg solicited interest from a significant number of potential counterparties and received multiple non-binding proposals.

After careful consideration, the Board, on recommendation from the special committee, unanimously determined that none of the proposals received reflect the Company’s intrinsic value or current and projected financial performance, and therefore elected to conclude its review and disband the Special Committee.

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Don Robertson, independent Board member and Chair of the Special Committee, said, “After a comprehensive and exhaustive process, the Committee recommended, and the Board unanimously agreed, that continuing to execute Bragg’s strategic plan as an independent public company is the best approach for maximizing shareholder value. Although the process has now concluded, Bragg’s Board will continue to be open to and consider all opportunities for enhancing shareholder value.”

“Over the past year, our financial performance, cashflow generation and revenue outlook have significantly improved. We remain extremely confident about our business plan, operating strategy, and financial prospects” said MatevĆŸ Mazij, Chairman and CEO of Bragg.

Reiterates Full Year 2024 Guidance and 2025 Outlook
Bragg reiterates its 2024 full year revenue guidance range of EUR 102.0-109.0 million (USD 114.2-122.1 million) and its full year Adjusted EBITDA range of EUR 15.2-18.5 million (USD 17.0-20.7 million), noting that the Company is currently tracking to the lower end of guidance.

Bragg is actively advancing a robust pipeline of opportunities that is anticipated to drive strong momentum as we enter 2025. The outlook for 2025 remains positive, with expectations of sustained double-digit top line growth, expanding bottom line margins, and increased operational leverage, further strengthening Bragg’s position in the market. The preceding guidance and outlook constitute forward-looking information within the meaning of applicable securities laws, and is based on a number of assumptions and subject to a number of risks.

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BetMGM and Vegas Golden Knights Announce Multi-Year Partnership Extension

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BetMGM and Vegas Golden Knights Announce Multi-Year Partnership Extension

 

BetMGM, a leading sports betting and iGaming operator, announced an extension of its partnership with the Vegas Golden Knights through the 2026-27 season. As part of the agreement, BetMGM will continue as an Official Betting Partner of the Vegas Golden Knights with prominent signage on the Knight Tron and throughout T-Mobile Arena as well as co-branded content and exclusive promotions. The partnership also features multiple fan engagement opportunities including watch parties and Toshiba Plaza activations.

“BetMGM is proud to continue our partnership with the Vegas Golden Knights, giving us the opportunity to create memorable moments alongside one of the world’s most passionate hockey fan bases. Las Vegas is BetMGM’s hometown and an integral part of our DNA, so the Golden Knights are a natural fit for our brand.” – Matt Prevost – BetMGM, Chief Revenue Officer.

Throughout the season, BetMGM will host watch parties featuring team mascots at various MGM Resorts destinations. The operator also will plan activations in Toshiba Plaza during select Golden Knights home games where fans can begin the BetMGM mobile app registration process for the chance to win prizes.

“BetMGM is a long-standing partner with the Golden Knights and a brand synonymous with this great city,” said Vegas Golden Knights President and CEO Kerry Bubolz. “We look forward to continue working together on events and activations that we know entertain our fans.”

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Lance Evans, SVP Sports and Sponsorships, MGM Resorts, said, “The Vegas Golden Knights play a core role in the Las Vegas sports and entertainment experience and it’s a privilege to welcome both local and visiting fans to our properties before, during and after games. Together with BetMGM, we look forward to co-hosting events that will allow guests to engage with their favorite teams in new and exciting ways.”

BetMGM users can take advantage of the robust offering of prop markets for Golden Knights games this season, frequent in-app odds boosts and the interactive same game parlay betting feature. New BetMGM customers who download the BetMGM app and verify at one of BetMGM’s nine retail sportsbooks within walking distance of T-Mobile Arena will receive a first bet offer of up to $250 paid back in bonus bets if their first bet loses (offer only available in Nevada; bonus bets are non-withdrawable and expire in seven days.) Through the recently launched single account and wallet app upgrade, BetMGM users who sign up in Nevada and reside in other BetMGM U.S. mobile markets can continue to wager upon returning home.

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EVERI STOCKHOLDERS APPROVE ACQUISITION BY APOLLO FUNDS

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EVERI STOCKHOLDERS APPROVE ACQUISITION BY APOLLO FUNDS

 

Everi Holdings Inc., a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo, announced that its stockholders have voted at a special meeting of Everi stockholders to approve the pending simultaneous acquisition of Everi and the Gaming & Digital business of International Game Technology PLC by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. through a merger. As previously announced, pursuant to the terms of the merger agreement, Everi stockholders will receive $14.25 per share in cash for every share of Everi common stock they own immediately prior to the effective time of the merger.

At the Special Meeting, approximately 99.88% of the shares voted were voted in favor of the merger, which represented approximately 71.48% of the total outstanding shares of Everi common stock as of October 3, 2024, the record date for the Special Meeting.

“We are pleased that our stockholders supported our transaction with the Apollo Funds,” said Michael Rumbolz, chairman of the Company’s Board of Directors. “We now shift our focus to the important next steps toward completing the transaction and maximizing value for Everi stockholders.”

Assuming timely satisfaction of necessary closing conditions, the proposed transaction is expected to close by the end of the third quarter of 2025.

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The final voting results on the proposals voted on at the Special Meeting will be set forth in a Form 8-K filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).

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