Gaming

First quarter of 2021 Operating revenues increased by 105% to EUR 235.8 million EBITDA increased by 150% to EUR 160.1 million corresponding to a margin of 67.9% Profit for the period amounted to EUR 132.0 million Earnings per share before dilution amounted to EUR 0.62 Events during the first quarter of 2021 Continued high demand generates a positive effect on margin development. Completed synergy project related to ...

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First quarter of 2021 (Q1 2020)

  • Operating revenues increased by 105% to EUR 235.8 million (115.1)
  • EBITDA increased by 150% to EUR 160.1 million (64.1), corresponding to a margin of 67.9% (55.7)
  • Profit for the period amounted to EUR 132.0 million (54.2)
  • Earnings per share before dilution amounted to EUR 0.62 (0.30)

Events during the first quarter of 2021

  • Continued high demand generates a positive effect on margin development.
  • Completed synergy project related to NetEnt acquisition.
  • After the end of the period, Evolution entered into an agreement to acquire online slot machine developer Big Time Gaming.

Comments from CEO Martin Carlesund :

The positive trend from 2020 continues in to the first quarter of 2021 where we see a good momentum both in terms of growth and profitability. The integration of NetEnt has been successful. I am truly impressed by the work from our teams, who, without losing focus on the daily high-quality delivery, and in a very short time, have managed to merge both workflows and organizational structure. We can already see good results from this work in the first quarter and I believe that we are well-set to continue to capitalize on the growing interest in online casino world-wide.

The revenues for the first quarter, including the acquired NetEnt business, increased by 105 percent to EUR 235 million , compared to the first quarter of 2020. EBITDA increased to EUR 160 million , corresponding to a margin of 67.9 percent. During the quarter we have closed the synergy project reaching EUR 40 million in annual run-rate cost synergies related to the acquisition of NetEnt – 9 months earlier than our original plan. We will continue our constant aim towards cost-efficiency even if not reporting any synergies moving forward.

Our Live Casino business continued to show very strong year-on-year growth reaching 60 percent in the quarter. It is the highest growth rate we have ever recorded in a quarter. We had a great momentum during 2020 and the group has continued to see a strong underlying demand for online casino with operators also in the first quarter of 2021. The RNG business started the year 2021 with growth of 6 percent compared to NetEnt revenues Q1 2020. This is in line with our near-term expectations. For the second quarter, we face somewhat tougher comparable figures, relating, particularly for the NetEnt business driven by the pandemic effects for NetEnt in Q2 2020.

Beyond everything else, our focus has always been to innovate and push boundaries to enhance the player experience. This goes for live as well as for RNG, and I am excited about how the new games that we have in line-up for 2021 will further confirm this commitment. This summer will see the release of the first product coming out of the cross-functional collaboration between the live and the RNG product development teams, Gonzo's Treasure Hunt . This product will combine a popular IP with the best from the live and the RNG worlds. Our slots offering is being re-vamped during the year and will include a new take on some of the most popular titles as well as brand new games from both the NetEnt and Red Tiger brands. During 2021 we will also add new games to the Live Game Show segment as well as new innovative takes on traditional live table games. In short, from a product standpoint, we will 2021 take the entertainment factor to yet a new high level but delivering more unexpected and thrilling quality gaming experiences to all players.

In terms of regional performance, all regions delivered good growth in the first quarter, with very high growth rates in Asia and North America . Evolution is truly a global operation serving players all over the world. Our commercial organization is now structured in four regions: Europe , Asia , North America and Latin America & Africa . With dedicated commercial resources to each region, we look forward to explore further development for each region together with operators.

Due to the pandemic, several studios continue to operate with somewhat limited capacity to ensure all safety and protective measures for staff can be kept in place. It's simply has been and still is a tough period. As all operators have experienced increased traffic over the last year, the pent-up demand for new tables is an important driver of the capacity expansion now taking place in some of our existing studios as well as a reason to our continuous investment in new studio development. Going forward, we intend to keep the investment in operational capacity at similar rates but as always in a trade of between margin and revenue will always go for market shares. In the first quarter, we invested in additional studio capacity both in North America and in other regions.

With the addition of NetEnt and Red Tiger brands to our product portfolio we push forward towards our vision of being a global market leader in online casino. In mid-April, after the closing of the first quarter, we announced that Evolution had entered into an agreement to acquire Big Time Gaming. By adding Big Time Gaming to our portfolio of slot brands, we add more strong IPs and innovative fantastic talent. We take one step further towards the position as a leader in online casino products. The transaction is expected to be completed during the second quarter. I very much look forward to welcoming the Big Time Gaming team to Evolution and to work together on new innovative games.

Supported by a combination of underlying megatrends - like the digitalization of the world in general and the shift from land-based to online casinos in particular – Evolution has relentlessly continued to develop and drive the digitalization of the global casino market. This April marks 15 years since the company set up its first studio in Riga, Latvia , with the ambition to change the online casino industry. Since then, we have not only taken live casino to a quality level which was hard to imagine in 2006, we have also introduced a whole new product category in online casino, won multiple international awards for our products and our services and grown into a multinational group which operates from more than 20 countries world-wide and employs over 10,000 people. There is a lot to be proud of, but what is most exciting is that we have just begun. With the new opportunities now opening up in new markets, our recharged product offer and strong brand line-up and our continuously growing team of creative, talented and hardworking people – the next 15 years are bound to be more revolutionary and more exciting than what we have seen so far. It will be about every one of us, every day, striving to be just a bit better. That is simply how we will continue to widen the gap to competition.

For further information, please contact:

CFO Jacob Kaplan , +46 708 62 33 94
ir@evolution.com .

This information is such that Evolution Gaming Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above on 27 April 2021 , at 7.30 am CET .

Presentation for investors, analysts and the media CEO Martin Carlesund and CFO Jacob Kaplan will present the report and answer questions on Tuesday, 27 April 2021 at 09:00 am CET via a telephone conference. The presentation will be in English and can also be followed online. Number for participation by telephone: SE: +46 8 566 427 07 UK: +44 333 300 90 34 US: +1 833 526 83 96Follow the presentation at: https://tv.streamfabriken.com/evolution-gaming-group-q1-2021

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/evolution/r/evolution--interim-report-january-march-2021,c3333677

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SOURCE Evolution

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MAYOR BOWSER DECLARES MAY 7th WASHINGTON JUSTICE DAY FOR THE CITY OF WASHINGTON, D.C.

Mayor Bowser encourages Washingtonians to come together and wish the Washington Justice the best of luck in as they begin their 2022 Overwatch League season

In conjunction with the Washington Justice and Events DC, the Office of the Mayor of the District of Columbia formally proclaims May 7th, 2022 as the Official Washington Justice Day. After two consecutive playoff-reaching seasons, the opening of a brand new team headquarters and practice facility in Downtown DC's Penn Quarter, and numerous partnerships and activations with local schools, universities, and businesses, the Washington Justice have proudly showcased the power that esports and gaming has to foster an inclusive and diverse community for Washington DC and today is an opportunity to celebrate those milestones.

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Industry Leader Buddy Frank says, "Congratulations to Quick Custom Intelligence on the Announcement of Signing their 60th Casino Resort."

Quick Custom Intelligence ("QCI") announced the signing of their 60 th casino resort. QCI's continued success in signups and successful deliveries is a testament to their dedication in building a scalable product that the industry really needs.

QCI Logo (PRNewsfoto/Quick Custom Intelligence)

Buddy Frank , Casino Industry Leader, said, "Signing 60 resort casinos is a major milestone for any gaming company. What has also impressed me is that the rate of fully successful deployments is about one per week. I attribute this rapid growth in part to the experience of the team and their deep knowledge of the industry. This experience has enabled QCI to stay on target delivering what the industry really needs."

CEO of QCI, Dr. Ralph Thomas stated "We are excited to announce the signing of our 60 th casino resort in North America . The ability for our team to quickly deploy our on-premises, hybrid or cloud-based technology with no disruption to the casino's operation allowed QCI to install 4 casino resorts in April. We will be announcing more deployments in the coming months, including a very large strip operator."

ABOUT Buddy Frank
Buddy is an experienced Principal Chief Slot Officer with a demonstrated history of working in the gambling & casinos industry. Skilled in Slots, Operations Management, Customer Acquisition, Marketing, Analytics and Loyalty Programs. Strong education professional with a Bachelor of Arts (B.A.) focused in Journalism from University of Nevada-Reno .

ABOUT QCI
The QCI Platform aligns player development, marketing and gaming with powerful real-time operational tools developed for the gaming and hospitality industries. QCI has installed their ground-breaking, highly configured software in over 50 casino resorts in North America and over 3,000 sites worldwide. QCI products provide tooling for gaming operators managing over $10 billion in annual gross gaming revenue, these products are built on the QCI Platform, a best-in-class on-premises, hybrid or cloud-based technology that enables fully coordinated activities across gaming or hospitality operations. This data-driven software allows for quick, informed decisions in the ever-changing world of the casino industry and assists casinos in their efforts to optimize resources and profits, manage marketing campaigns and increase customer loyalty. QCI was founded by Dr. Ralph Thomas and Mr. Andrew Cardno . Based in San Diego , QCI also has offices in Las Vegas , St. Louis , Dallas & Phoenix . www.QuickCustomIntelligence.com

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SOURCE Quick Custom Intelligence

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G.I. JOE will be battling for survival in Puzzles &Survival for a limited time starting today

Puzzles & Survival the smash-hit apocalyptic match-three game published by 37 GAMES, is playing host to an epic limited-time crossover event featuring G.I. JOE, the iconic action figure brand from Hasbro. Fan favorite heroes and villains from G.I. JOE and Cobra, including the legendary ninja characters Snake Eyes and Storm Shadow will join the battle for survival against the ruthless zombie horde. Choose one side in this epic battle, glimpses of which can be seen in a recently released cinematic trailer, and help decide the future of humanity .

Decide Where Players' Loyalties Lie

G.I. JOE fans won't want to miss out on the opportunity to join their favorite warriors in iconic battles in Puzzles and Survival. How fans do so is entirely up to them , as they will be able to decide for themselves where their allegiance lies. Easy as that may sound, that decision may prove somewhat challenging considering what both options entail. Should they ally with the good guys, they'll find themselves teamed up with the eponymous hero, the mysterious ninja-commando known as Snake Eyes, and Scarlett, the highly competitive field operative. However, they will also find themselves battling against Cobra , the overpowering force of evil whose ranks boast the remarkable ninja otherwise known as Storm Shadow and Baroness, the master of manipulation.

Great Tribulations Await

The heat of battle is often enough to make anyone reassess their loyalties. This sentiment will doubtless ring true as G.I. JOE and Cobra find themselves embroiled in exciting battles during this extraordinary crossover event. Indeed, surprises await those involved in the G.I. JOE mission bid to destroy H.I.S.S. tanks that suddenly pop up out of nowhere as Cobra's Scheme comes to fruition. Likewise, there is no telling the toll that will be incurred as G.I. JOE and Cobra bid to obtain the crucial nanohexes needed to detonate tiles during the Base Trial, with the G.I. JOE themed marching skins and stickers available to win.

Obtain and Claim the Free Supplies Needed to Crush Cobra

Players will need all the supplies they can get their hands on if they 're to succeed in battle, that's why the G.I. JOE base will be opened to anyone who enlists. Here they can obtain the G.I. JOE-themed crates, keys, and supplies that will be crucial to their success in both the previously-mentioned events and in their bid to Restore G.I. JOE's Memory , Decode Intelligence , and Colorize G.I. JOE's Poster, all of which will be crucial to the war effort.

However, before players can do that, they may need a helping hand when they initially join the war between G.I. JOE and Cobra. For that reason, it might be wise to claim a few free supplies by using the "PNSJOE" and "PNSCOBRA" gift codes before they engage the enemy. Meanwhile, don't forget to follow the official Puzzles & Survival Facebook fan page to stay up to date with the latest news, updates, and giveaways, all of which could prove crucial in their bid to do what the y think is right.

Download: https://pse.is/gijoepns02eng
Official Fan Page : https://www.facebook.com/PnS.37Games

G.I. JOE is a trademark of Hasbro used with permission.
About Hasbro
Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to making the world a better place for all children, fans and families. Hasbro delivers immersive brand experiences for global audiences through consumer products, including toys and games; entertainment through eOne, its independent studio; and gaming, led by the team at Wizards of the Coast, an award-winning developer of tabletop and digital games best known for fantasy franchises MAGIC: THE GATHERING and DUNGEONS & DRAGONS.
The Company's unparalleled portfolio of approximately 1,500 brands includes MAGIC: THE GATHERING, NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, DUNGEONS & DRAGONS, POWER RANGERS, PEPPA PIG and PJ MASKS, as well as premier partner brands. For the past decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media and one of the World's Most Ethical Companies by Ethisphere Institute. Important business and brand updates are routinely shared on our Investor Relations website, Newsroom and social channels (@Hasbro on Twitter, Instagram, Facebook and LinkedIn).

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SOURCE 37 GAMES

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KGD Launches a Platform at the Intersection of Mobile, Meta, Blockchain, and Real World Entertainment for Adults

Karma the Game of Destiny, Inc., has been secretly releasing a world beyond the Metaverse meant to be the next level in Human/Computer interactions.

A design engineer, inventor, and software developer involved in VR as far back as 1992 has been quietly building an entire and purposeful world in the digital and virtual space.

The Founder, Rene Reyes , has built a 3D/AR version of Classified Advertising app for mobile for adults. The Avatar you pick on your phone can also enter the VR Metaverse. And concerning blockchain, you get a wallet that works non-blockchain, so you aren't expected to know crypto, and optionally you can convert the platform to work with blockchain.

The platform allows people to move into and out of the digital realm practically, where one can manage a social calendar, in world email, zapping and hiding, groups, and everything necessary for interacting in and out of digital space.

This new "inter-reality" starts with the release of Destiny, the gamified classified advertising (available now on the AppStore and PlayStore); Along with the app, they have released 10 NFT collections with over 11,000 NFTs and minted the Karma Game Zodiac (KGZ) Token minted on the Binance Smart Chain.

On the heels of the app's release this summer, there are 8 different hub worlds inside VR and available on the Meta/Oculus Quest 2© and other VR Platforms. The worlds include a giant casino, a mind-blowing gallery, a stadium, a P2E (Play 2 Earn) city in the clouds, a trip to the future, and more.

A profound aspect of the platform is listings of local restaurants, bars, parks, lounges, and an infinite list of venues and events Posted in the Listings section by Ambassadors using a separate web app. Ambassadors can make a substantial income from the game using mechanics similar to being an Uber© Driver but geared to individuals that like to go out and party and hang out with friends.

Karma the Game of Destiny has also released the Soundtrack worldwide. Produced by Anthony Flammia , from Fox TV's AlterEgo© and distributed by 1520 Records©.

Interested parties can use the Linktree link for the white paper, deck, video, NFTs, Crypto, Social and Contact information. Rene Reyes , (855)257-8464 - https://linktr.ee/karmathegame

An Inter-Reality App for the Next Generation of Social Living

Manage how the Metaverse sees your Real World Information

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SOURCE Karma the Game of Destiny

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Sohu.com to Report First Quarter 2022 Financial Results on May 16, 2022

Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video and game business group, will report its first quarter 2022 unaudited financial results on Monday, May 16, 2022 before U.S. market hours.

Sohu logo. (PRNewsFoto/Sohu.com Inc.)

Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, May 16, 2022 ( 7:30 p.m. Beijing / Hong Kong time, May 16, 2022 ) following the quarterly results announcement.

Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants must preregister online prior to the call to receive the dial-in details.

Conference Call Preregistration

Participants can register for the conference call by navigating to http://apac.directeventreg.com/registration/event/5725798 . Once preregistration has been completed, participants will receive dial-in numbers, an event passcode, and a unique registrant ID.

To join the conference, please dial the number you receive, enter the event passcode followed by your unique registrant ID, and you will be joined to the conference instantly.

A telephone replay of the call will be available after the conclusion of the conference call at 10:30 a.m. Eastern Time on May 16 through May 23, 2022 . The dial-in details for the telephone replay are:

International:

+1-646-254-3697

Passcode:

5725798

The live webcast and archive of the conference call will be available on the Investor Relations section of Sohu's website at http://investors.sohu.com/ .

About Sohu.com

Sohu.com Limited (NASDAQ: SOHU) was established by Dr. Charles Zhang , one of China's internet pioneers, in the 1990s. As a mainstream media platform in China , Sohu is indispensable to the daily life of millions of Chinese, providing a network of web properties and community based products which continually offer a broad array of choices regarding information, entertainment and communication to the vast number of Sohu users. Sohu has built one of the most comprehensive matrices of Chinese language web properties, consisting of the leading online media destinations Sohu News App, mobile news portal m.sohu.com , PC portal www.sohu.com ; online video website tv.sohu.com ; and the online games platform www.changyou.com/en/ .

Sohu provides online brand advertising services as well as multiple news, information and content services on its matrix of websites and also on its mobile platforms. Sohu's online game business, conducted by its subsidiary Changyou, develops and operates a diverse portfolio of PC and mobile games, such as Tian Long Ba Bu ("TLBB"), one of the most popular PC games in China . Changyou also owns and operates the 17173.com Website, a game information portal in China .

For investor and media inquiries, please contact:

In China :

Ms. Pu Huang

Sohu.com Limited

Tel:

+86 (10) 6272-6645

E-mail:

ir@contact.sohu.com

In the United States :

Ms. Linda Bergkamp

Christensen

Tel:

+1 (480) 614-3004

E-mail:

lbergkamp@christensenir.com

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SOURCE Sohu.com Limited

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Gaming PR Division Formed By Virgo PR

Highlighted By Recent Growth With Clients Such As nWay, Petaverse, Upland , And Virtual Reality Stadium Platform VIRTEX

Virgo PR, a leading PR agency announced today the creation of a dedicated gaming PR division.  The agency has extensive experience in all aspects of gaming PR. Key clients in the space include Virtex, Petaverse, nWay, Upland and many more.

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