Monday 28 August 2017

Fabulous Slot Machine for Sweet Tooth

Genesis Gaming company decides to surprise its fans by the extraordinary slot machine, called The Munchies where the main heroes are the lovers of the sweet stuff. The little funny gluttons became as their food – big and delicious. They look like cotton candy or the roll of the ice-cream.

This 5x3 slot game with 25 winning paylines is going to bring the good mood and great amount of the Bonus opportunities in the form of Free Spins or unique functions. That is why click to play free slot games now and get huge money prizes!

The Sweet Symbols of The Munchies Video Slot

Different types of candies and other delicious and junky food with the portrait of the main heroes become the basic symbols of the slot machine online. However, here you are going to meet special patterns as:

  • The green package of candy dots is the Wild symbol that replaces other pictures and can receive you the biggest payouts with the huge multipliers
  • The package with the game’s logo is Scatter – it receives payouts and activates Free Spins

The Special Features

At the beginning of the gaming process, the player is offered to place the plate on the shelf. Then the shelf turns into the gaming field. However, the plate can activate Munchies Eat Bonus. Here one glutton will eat all delicious food in the horizontal direction. But it can be blocked by the symbol with the special functions or another lover of the tasty stuff. Each eaten piece of cake or pizza will gain great money prizes to the gamblers.

Scatter will trigger a round of Free Spins that will present from 10 to 50 Free Games. During this feature, players are going to catch x2 multiplier.

Except for the cute heroes and bright graphics, The Munchies slot online is filled with the special functions. That is why lovers of the tasty food and big wins have to try this game to play for free or real money. Good Luck!

The Success of Playtech Company

Worldwide gambling software services supplier Playtech has announced a 25% rise in its year-on-year profits for the first six months of 2017, ahead of many analyst expectations.

In its mid-year financial filing, the company reported group revenues of €421.6m, beating the previous total for the same period of 2016 by €83.9m. The companies’ adjusted net profit almost doubled, rising 60% from €78.3m in H1 2016 to €125.5m in the first half of 2017.

Strong financial performance in all business sectors has resulted in the company declaring a 19% rise in its earnings before interest, taxation, depreciation and amortisation (EBITDA), which rose from €143.8m in the first six months of 2016, to €170.9m for the same six months of 2017.

In a statement released with the figures, Alan Jackson, Chairman of Playtech commented on the company’s performance: “The proven strength of the Playtech model was once again demonstrated with a strong H1 performance driven by both underlying growth and recent acquisitions. As always, Playtech’s performance has been converted into strong cash generation enabling a 10% increase in the interim dividend, in line with the progressive dividend policy.”

The news comes a day after the company announced a potential $150m deal to expand its financial trading business with the purchase of intellectual property and clients from market maker and broker ACM Group. Under the terms of the deal, Playtech will pay $5m initially, potentially rising to $150m over the next three years.

Jackson added: “As with the Gaming Division, momentum in the Financials Division continued with improvements across all KPIs. The announced acquisition of assets from Alpha brings an important new B2B revenue stream and the creation of TradeTech Group as our operating and corporate brand for the business is an important milestone and better reflects the broadening of the division’s offering towards a full turnkey B2B financial trading solution.

Jackson added: “Taken all together, this proven platform for growth across the business has again delivered a strong performance and management remain confident of further strategic progress in the second half of 2017.”

Two Million of Britains are Gamblers

According to a report published by the industry regulator, the UK Gambling Commission, more than two million people are either addicted to gambling or at risk of developing a problem.

The 2010-update finds that the number of risk gamblers has increased to over 500,000, meaning that 3.9% of the UK’s population is classed as ‘at risk.’ Moreover, 1.4% of gamblers, which is an equivalent to a 0.8% of the total population, are classified as addicts.

Problematic gambling is more prevalent among middle-age employed males. Breaking the figures down, men, representing 66% of total gamblers, are more likely to betting than women, only 59%. Additionally, those in employment or trained tend to gamble, 69% compared to the participation among unemployed and retired, 56% and 57% respectively.

Moreover, participation was highest amongst the middle age groups and lowest within the youngest and oldest age groups.

Despite the heavy criticism that fixed-odds betting terminals (FOBTs) have recently received, the most popular gambling activities were: National Lottery draws (46%), followed by scratchcards (23%) and other lotteries (15%).However, the document submitted by the national regulatory body points out that the types of gaming which are most likely to attract addicts are online gaming, poker played in pubs and clubs, and machines in bookmakers.

Campaigners have urged parliament to take immediate action on the FOBTs and the spreading of gambling advertising. Following this proposal, the government will soon be releasing a review in which it reconsiders new restrictions on gambling adverts and regulations on fixed-odds betting terminals.

Tim Miller, the Gambling Commission Executive Director, said: “We have a clear commitment to make gambling fairer and safer and these figures show that this is a significant challenge. Success will depend upon us, the industry, government and others, all working together with a shared purpose to protect consumers. The pace of change to date simply hasn’t been fast enough – more needs to be done to address problem gambling."

Rapid Growth of Yggdrasil Gaming

Yggdrasil has attributed an "accelerated growth" which has seen a 116% increase in corporate revenue, to the securing of 24 new partner operators during the H1 period.

Fredrik Elmqvist, Yggdrasil's CEO commented: “Yggdrasil has been expanding its regulated footprint in recent months, and investments in new markets, including the UK, are now generating revenues. It is exciting to see that these investments have proven to be bang for our buck, and it underlines our commitment to these markets as part of our wider corporate strategy.”

The Q2 2017 report shows revenues grew by 103% in comparison with the same period last year, topping SEK40m(£3.9m), a new company high.With the profit margin now at 42%, the companies EBITDA has increased by 76% to £2.9m.

“The investment was the focus during Q2, and we continue to invest in new markets, new games, new product features and new infrastructure, including the establishment of Yggdrasil Gaming Sweden AB. We have also focused upon the reorganisation of the company to allow us to scale, with our CSO, CPO and CTO functions now restructured to clarify responsibilities and duties. This work has been fundamental in highlighting necessary recruitment.”

Player transactions have also seen a dramatic increase reaching 1.5 billion rounds operating at a 99% increase.

The company has recruited 23 new staff this quarter with a view to adding, even more, members to their ever growing team of 143 people.

“Costs are growing, which is necessary for us to deliver upon our ambitions, but to be able to deliver an operating profit of more than SEK15m for the second quarter shows that we remain focused on the bottom line.”