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Hacksaw Gaming Celebrates New Launch in Pennsylvania on Caesars Entertainment's Online Casino Platforms
Accessnewswire· 2025-11-13 12:10
STOCKHOLM, SE / ACCESS Newswire / November 13, 2025 / Hacksaw (STO:HACK) - Hacksaw Gaming is proud to announce its latest expansion in the United States, with the launch of its online casino titles on Caesars Entertainment's marquee online casino platforms in Pennsylvania. This marks the second launch in just a few months, reinforcing the commitment to delivering premium iGaming experiences. ...
PayPal Casinos USA 2025: BetWhale Is Rated the Leading Casino That Accepts PayPal Payments
Globenewswire· 2025-11-04 16:24
Core Insights - BetWhale is recognized as a leading choice among PayPal casinos in the USA, offering seamless transactions and a user-friendly experience for online gaming enthusiasts [3][4][23] Payment Options and Speed - BetWhale supports PayPal for instant deposits and withdrawals within 10 minutes, alongside other cryptocurrencies like Bitcoin, Ethereum, and Litecoin, which also offer instant transactions [19] - Traditional payment methods such as Visa/Mastercard have a withdrawal speed of 1-3 business days, while bank transfers take longer [19] Bonuses and Promotions - New players at BetWhale can benefit from a 250% welcome bonus up to $2,500 for casino games and a 200% welcome bonus up to $6,000 for sports betting, enhancing their initial gaming experience [7] - Regular players can enjoy ongoing promotions like Pick a Box Rewards, tournaments, and loyalty rewards that provide additional incentives for continued play [8][9] Game Variety - BetWhale boasts a diverse library of over 4,000 games, including slots, table games, and sports betting options, catering to various player preferences [11][23] - The platform features engaging slot games with unique themes and high payout potential, as well as classic table games like blackjack and roulette [12][13] Partnerships and Security - BetWhale collaborates with reputable game developers such as BetSoft and Rival Gaming, ensuring high-quality gaming experiences and fair play [14][15] - The platform employs 256-bit SSL security to protect user data and transactions, maintaining a safe environment for players [24] Customer Support - BetWhale offers 24/7 customer support through email and live chat, addressing player inquiries and issues promptly to enhance user satisfaction [20][21] - The support team is trained to assist with common queries and promote responsible gaming practices [21]
PayPal Casinos USA 2025: BetWhale Emerges as the Most Trusted PayPal Accepting Casino
Globenewswire· 2025-10-31 17:42
Core Insights - BetWhale has been recognized as the top PayPal casino in the U.S. for 2025, focusing on secure and convenient payment options for players [4][20] - The platform emphasizes quick, no-fee PayPal transactions, enhancing user experience by minimizing payment-related issues [6][7] - BetWhale offers a variety of generous bonuses and promotions, including a 250% match bonus up to $2,500 for new players and a 200% Sportsbook Bonus up to $6,000 [9][10] Payment and Security - BetWhale integrates with PayPal to provide fast and secure transactions, ensuring reliable and traceable transfers through encryption and identity verification [6][17] - The platform's focus on seamless PayPal transactions is particularly appealing to players seeking a hassle-free online casino experience [7][20] Promotions and Bonuses - New players receive a substantial welcome package, including a 250% match bonus and a 200% Sportsbook Bonus, encouraging exploration of the platform's offerings [9][10] - BetWhale regularly introduces themed promotions tied to major sporting events, providing players with additional incentives to engage with the platform [10][11] - The bonus structure is designed to be fair and transparent, ensuring all players have equal opportunities to benefit from promotions [13] Game Offerings - BetWhale boasts a diverse game library, including modern video slots, classic table games, and specialty titles, catering to various player preferences [14][15] - The platform partners with leading game studios to ensure high-quality content and fair play, reinforcing player confidence [16][17] Customer Support - BetWhale provides 24/7 customer support through live chat and email, addressing common inquiries related to payment procedures and account verification [18] - The support team is trained in responsible gaming practices, offering resources for players seeking help with gambling issues [19]
Bragg Gaming (BRAG) - 2025 Q2 - Earnings Call Presentation
2025-08-14 12:30
Financial Performance - Second quarter revenue increased by 4.9% year-over-year to EUR 26.1 million (USD 30.6 million)[56] - Factoring out Netherlands contraction, revenue growth was +21%[12] - Adjusted EBITDA for the second quarter decreased by 4.4% year-over-year to EUR 3.5 million (USD 4.1 million)[56] - Gross profit increased by 10.8% year-over-year in Q2[20] - Realized EUR 2 million in annualized synergies[12] Product Mix and Content - Proprietary content revenue increased by 44% year-over-year[12] - Proprietary content accounted for 14.8% of total revenue in 2Q25, up from 10.8% in 2Q24[28] - PAM & Turnkey revenue was EUR 3.8 million, representing 14.6% of total revenue in 2Q25, compared to EUR 4.9 million and 19.9% in 2Q24[28] Market Growth and Strategy - U S revenue grew by 64% and Brazil by 56% in the second quarter[12] - U S online casino market is projected to grow to USD 75 billion+ at maturity[36] - Brazil is projected to contribute approximately 10% of revenue in 2025[39] - Total Netherlands market exposure is projected to reduce to 32% in FY 2025, with BetCity revenue projected at 17%[40]
Former Goldman Sachs, JPMorgan exec gambled away investor funds for his online casino company: feds
CNBC· 2025-08-13 19:15
Core Points - Richard Kim, a former executive at Goldman Sachs and JPMorgan Chase, has been indicted on charges of securities and wire fraud for allegedly misappropriating approximately $4 million in investor funds for his start-up online casino company, Zero Edge, most of which he reportedly lost within a week through gambling [1][3][4] Group 1: Company Overview - Zero Edge was announced by Kim after leaving Galaxy Digital in March 2024, with plans to develop a blockchain and cryptocurrency-enabled gaming app [2] - The company was incorporated in April 2024 in the Cayman Islands but never launched its casino and entered voluntary liquidation in December 2024 [5] Group 2: Financial Misconduct - Kim misappropriated about $3.8 million of investor funds shortly after closing a $4.3 million seed financing round in June 2024, transferring the funds to personal accounts for leveraged cryptocurrency trades and gambling [3][4] - In an email to investors, Kim admitted responsibility for the loss of $3.67 million, but concealed the fact that he had used the funds for personal gambling rather than a treasury management strategy [4] Group 3: Legal Proceedings - Kim was arrested on April 15, 2024, after a criminal complaint was filed by the Manhattan U.S. Attorney's office, and he was released on a $250,000 bond [5][6] - Since his arrest, judges have extended deadlines for prosecutors to either obtain a grand jury indictment or drop the charges, indicating ongoing discussions for a possible resolution [7] Group 4: Background and Investor Response - Kim reported his conduct to the Securities and Exchange Commission in July 2024, claiming gross negligence in misusing company funds but denying fraudulent intent, attributing his actions to a gambling addiction [8] - Galaxy Digital, where Kim had been a venture fund investor for six years, stated that they reported his conduct to authorities upon learning of his actions at Zero Edge [10]
Rush Street Interactive (RSI) FY Conference Transcript
2025-08-13 14:55
Rush Street Interactive (RSI) FY Conference Summary Company Overview - **Company**: Rush Street Interactive (RSI) - **Event**: FY Conference on August 13, 2025 - **Key Speakers**: Richard Schwartz (CEO), Kyle Sauers (CFO) Industry Insights - **iGaming Growth**: iGaming has been identified as the primary growth engine for the company, with growth rates reported at around 25% year-over-year in various states [8][10][12] - **Market Potential**: Only 5 US states currently allow legal online casinos, representing just 12% of the US population, compared to over 60% for sports betting, indicating significant growth potential for iGaming [12][13] - **Tax Revenue Generation**: States that legalize iGaming can generate hundreds of millions in tax revenues, as evidenced by Pennsylvania and Michigan [13][14] Company Strategy - **Technology Ownership**: RSI has developed its own technology platform, allowing for unique and differentiated gaming experiences, which is crucial for retaining customers [9][10][25] - **Customer Engagement**: The company focuses on creating a social and engaging environment for players, enhancing user experience through gamified promotional engines and community interactions [30][31] - **Live Dealer Strategy**: RSI offers a variety of live dealer games from multiple suppliers, enhancing player choice and experience [35][36] Market Performance - **User Growth**: Monthly active users in North America grew by 22%, with over 30% growth in iCasino markets [22][23] - **Revenue Growth**: The company reported a 15% year-over-year growth in sports betting, indicating a healthy performance despite lower marketing investments [75] Regional Focus - **Latin America**: The company is expanding its presence in Latin America, particularly in Colombia and Mexico, where it is gaining market share [84][85] - **Colombia's VAT Impact**: A temporary 19% VAT on deposits has affected net revenue, but gross gaming revenue has grown over 50% in the first half of the year [79][80] Regulatory Environment - **Legalization Challenges**: The company faces challenges in expanding iGaming due to various state regulations and interest groups, but financial pressures on states may lead to increased legalization efforts [46][50][52] - **Future Opportunities**: States with larger deficits and existing sports betting frameworks are seen as potential markets for iGaming legalization [60][61] Financial Guidance - **Conservative Outlook**: The company anticipates a deceleration in growth rates in the back half of the year due to tougher comparisons and existing VAT impacts in Colombia [90][92] Key Takeaways - **Unique Value Proposition**: RSI's focus on unique gaming experiences and customer trust is a significant differentiator in the competitive landscape [93][94] - **Cross-Selling Opportunities**: The introduction of poker is seen as a way to cross-sell to existing customers, enhancing overall engagement and retention [41][43] This summary encapsulates the key points discussed during the conference, highlighting the company's strategic focus, market performance, and future opportunities within the iGaming industry.
High Roller Technologies, Inc.(ROLR) - 2025 Q2 - Earnings Call Transcript
2025-08-12 21:30
Financial Data and Key Metrics Changes - High Roller Technologies reported a positive adjusted EBITDA of $362,000 in Q2 2025, a significant turnaround from an adjusted EBITDA loss of approximately $2,500,000 in Q1 2025 [6][11] - Total revenue for Q2 2025 increased by 2% from Q1 2025, reaching $6,900,000, with net gaming revenue increasing by 12% [11][12] - Adjusted earnings per share improved to 4¢ in Q2 2025, compared to an adjusted loss per share of 30¢ in Q1 2025 [11][12] - The net cash position at the end of Q2 2025 was approximately $3,600,000, down from $4,500,000 in Q1 2025 [12][13] Business Line Data and Key Metrics Changes - Unique deposits and customers were down for another quarter, but net gaming revenue per unique deposit and customer increased nearly 80% to $340 [9][12] - Revenue in the core market of Finland was up nearly 55% year-over-year compared to the previous six-month period ending June 30, 2024 [9][12] Market Data and Key Metrics Changes - Finland represented 57% of net gaming revenue for 2025, up from 39% in 2024, indicating a strong focus on regulated markets [12] Company Strategy and Development Direction - The company underwent a strategic realignment, focusing on high-potential markets like Finland and Canada, and is launching a third market-specific brand [3][5] - A new executive leadership team was established to enhance operational efficiency and scalability [6][21] - The company is actively participating in investor conferences and roadshows to raise awareness within the investment community [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's direction and operational improvements, emphasizing the importance of transparency and credibility with shareholders [16][20] - The company is optimistic about its future performance, particularly with the upcoming launch in Ontario, which is expected to be a significant growth opportunity [36][39] Other Important Information - The company received a notice of noncompliance with NYSE listing standards but has addressed it with relevant filings and a compliance plan [4] - The marketing and retention departments have been reconstituted with senior localized talent to enhance execution in strategic markets [21][22] Q&A Session Summary Question: What drove the improvement in average revenue per user (ARPU) and what should be expected going forward? - The improvement in ARPU was driven by a refocus of marketing spend on acquiring high-value users and stronger operational execution [29][30] - Management did not provide specific guidance on future ARPU but expressed confidence in continued growth [31] Question: How comfortable is the company with current liquidity given expansion plans, and is there an expectation to raise capital soon? - Management is comfortable with the current cash position and does not anticipate raising capital from the market but is exploring strategic opportunities [32][34] Question: Can you provide details on the Ontario launch timeline and marketing strategy? - The Ontario launch is expected to be a significant step for the company, with strong marketing support from Psycho Media [36][38] - Ontario is identified as a major regulated online gambling market with substantial revenue potential [37][39]
Best Casino App 2025 Announced: Crown Coins Casino Secures Top Spot in CasinoTop10.net Rankings
GlobeNewswire News Room· 2025-08-05 19:53
Core Insights - Crown Coins Casino has been named the 1 mobile casino app in the United States for 2025 by CasinoTop10.net, highlighting its superior user experience and innovative features [3][4][6] Evaluation Criteria - The rankings are based on over 30 unique data points, including daily active usage, average session length, and payment method diversity, ensuring a comprehensive evaluation of app performance [5][15] - Key factors for Crown Coins Casino's top ranking included its mobile-first user interface, strong app retention, and integration of responsible gaming tools [9][10][12] Industry Trends - The 2025 rankings reflect a shift towards mobile usability, ethical monetization, and community engagement in the casino app space, with Crown Coins Casino leading this transformation [6][21][22] - Emerging trends include gamified user journeys and transparent reward systems, which are now critical for app success [21][24] Player Reception - The recognition of Crown Coins Casino has generated significant attention, with player reviews praising its polish, reward generosity, and responsiveness [24][25] - Industry analysts suggest that this recognition may set new standards for app development, particularly in fairness and user interface expectations [25][26]
High Roller Appoints Sara Nunes Managing Director & Chief Commercial Officer, Finland
Globenewswire· 2025-07-08 13:30
Core Insights - High Roller Technologies has appointed Sara Nunes as Managing Director & Chief Commercial Officer for Finland, enhancing its executive management team during a transformative period for the company [1][2]. Company Overview - High Roller Technologies, Inc. operates premium online casino brands High Roller and Fruta, and is listed on the NYSE under the ticker ROLR [4]. - The company offers a real-money online casino platform featuring over 5,000 games from more than 90 providers, catering to a global customer base in the expanding multi-billion iGaming industry [4]. Leadership Background - Sara Nunes brings over a decade of experience in the gaming industry, having held leadership roles at Rootz, Kindred, and Betsson, where she managed brand activities and P&L [2][3]. - Nunes is recognized for her innovative commercial initiatives and strategic thinking, contributing to brand growth through tailored partnerships [2]. Strategic Vision - Nunes expressed enthusiasm for High Roller’s potential and its ambition to expand into regulated markets, indicating a focus on growth and innovation [4].