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Business Briefs – featuring Christmas cheer, profits and parties

The round up includes news of a fresh UKGC license being granted, Australian and American full year and Q3 results and Christmas promotions getting underway as the festive season begins.

Aristocrat posts positive results

A record revenue figure of $2.45bn has been announced by Aristocrat in its full year results, a 15.3% increase from the $2.1bn shown for the previous year.

The Australian gambling technology suppliers also reported a 41.3% rise in net profit to $495.1m, and cited the performance of its digital segment, outstanding Americas momentum and sustained Australian market stability as the main reasons behind the growth,

Christmas comes early

One lucky player has ensured a happy festive season, after scooping over €7m on NetEnt’s Hall of Gods slot.

The multi-million euro prize was won on Casumo’s online casino by a punter from Aberdeen, Scotland, and follows a €7.5m prize won on same slot in July of this year.

Italian Job for Microgaming

A reseller agreement has been struck between Microgaming, powered by Prima Networks, and Italian platform provider Microgame.

Under the terms of the deal over 250 slot and table games are to be rolled out, including Immortal Romance, Mermaids Millions, Thunderstruck and Lara Croft: Tomb Raider.

Lotto Warehouse in Yobetit integration

Maltese based sports betting operator Yobetit are to add the world’s biggest jackpots to its offering, through a new partnership with Lotto Warehouse.

Users now have the potential to scoop some of the top jackpots from the world’s biggest lotteries, including USA’s record breaking Powerball and Europe’s top two of EuroMillions and EuroJackpot.

KamaGames get the party started

Hearts Party and Pair Party are to be launched by KamaGames Group, following the launch of a suite of party games to its flagship Pokerist title earlier this year.

Following the conventional rules of Texas Hold’em, innovative features included are designed to enhance the game and make it more exciting for users.

New UKGC license

ReelNRG, the casino game development company, has been awarded a license by the United Kingdom Gambling Commission.

With an ever expanding footprint, the London headquartered firm are now able to supply its games to UK players through their partnered operators, courtesy of the remote software license.

American profits

Atlantic City’s seven casinos have posted an increase in Q3 gross operating profit of 21%, representing a figure of $252.5m, as well as an occupancy rate of 95.8%.

Tropicana in particular revealing an impressive showing for the quarter, with a substantial increase of 67% from $27.6m to $46.2m.

Christmas countdown kick off

A Christmas calendar promotional campaign has been launched by Videoslots.com, with rewards such as Free Spins, Weekend Boosters, and Casino Race Multipliers available to players.

The online casino will offer rewards each day, which can be won be completing a certain number of spins on that day’s featured title.

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