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Singapore's central gaming organization Genting Singapore is showing a much-needed rebound from Corona after revenue and net profits came in robust for Q1. Year-on-Year Rebound The gains reported by casino operator Genting Singapore signal a year-on-year increase in revenue and net profit for the first quarter of the fiscal year 2022 from January to March. The easing of many Corona restrictions in the country has driven the growth. The Q1 Totals The totals for the quarter included overall revenue gains through 31 March of S$314.5m (£184.7m/€216.7m/US$225.6m), good for a substantial 20.5% from last year's figure of $261.0m. IR Contribution Additional rear-on-year revenue from gaming operations from Singapore's integrated resort was up 8.1% to $234.5m, with the venue's non-gaming revenue jumping 25.7% to $76.3m. Other Contributors Additional revenue for Genting Singapore was gained from the investment business, hospitality, and support services space which positively vaulted 931.8% year-on-year to $3.8m. EBITDA Gains With full financial figures not released, Genting Singapore did report that adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) gained 2.5% to $124.8m. Softening The IR Blows The losses hurt less as well, with EBITDA from Singapore's integrated resort falling 3.3% to $130.6m, while the investment business, other hospitality, and support services posted a loss of $5.7m for the quarter, down from a $7.0m loss last year. Overall EBITDA Overall EBITDA for Genting Singapore overcame $3.2m in net exchange loss relating to investments, share-based payments, and other expenses, for a total EBITDA of $121.7m, up 3.1% year-on-year, with net profit after tax improving 17.1% from last year at $40.4m.Genting Rep Speaks Genting Secretary Ong Jiq Her expressed “cautious optimism” for “the recovery trajectory” in light of Singapore's reopening its international borders to fully vaccinated travelers from the first day of Q2 April 1, 2022, looking forward to “further relaxation o
Immerse yourself in the captivating world of Torii Tumble, Relax Gaming's newest release that whisks players away to the mystical Land of the Rising Sun. This thrilling title, combining the allure of Japanese culture with big win opportunities, is set to conquer the iGaming scene. Torii Tumble: Unleashing the Warrior Spirit Step into the realm of Torii Tumble, the latest masterpiece from the renowned iGaming aggregator Relax Gaming. This game transports players to the enchanting landscapes of Japan, where torii gates beckon and the battle between good and evil ignites the reels. A Journey Beyond Ordinary Torii Tumble promises an immersive experience where players channel their inner warrior to land extraordinary wins. As the gates of the torii open, players venture into Japan's hidden realms, where the spirits of samurai and oni collide. Features that Ignite the Reels The lucrative Multiplier Ladder is complementing the beloved tumble mechanic, accompanied by the Multiplier Booster and Spin Saver stone block. The excitement reaches new heights with Free Spins offered in three distinctive modes and an enticing Free Spins gamble. Rising Multipliers and Thrilling Battles The Multiplier Ladder progressively climbs with each win, while shattered stone blocks enhance multipliers, provide spin savers, and even grant additional free spins. An exhilarating showdown awaits as players join forces with samurai and win in their quest for supremacy. Shelley Hannah, Chief Product Officer at Relax Gaming, shared her thoughts on Torii Tumble's launch: The blend of atmospheric warrior themes and engaging mechanics make Torii Tumble a standout release. With the proven popularity of the tumble mechanic and the intriguing Multiplier Ladder, we're confident that players will be captivated by this title. Relax Gaming: A Trailblazer in iGaming Relax Gaming has earned a reputation as a premier B2B supplier, with accolades including Best Mobile Gaming Software Provider at the EGR B2B Awards 2022, Casino/Slot Developer of the Year at t
Kalamba Games is turning heads in the gaming industry with the launch of its innovative slot title, Diamond Bounty 7s Hold and Win, which debuted on 31st August 2023. Designed to evoke the feel of traditional land-based slot machines, the game features symbols such as sevens and bars that must line up in specific combinations across its ten paylines to award wins. To help players score these wins, Diamond Bounty 7s employs wild symbols that can substitute for any base game icon. Moreover, the HyperBet mechanic's unique feature can upgrade these wild symbols. This allows players to tailor their game strategy, elevating the player experience to a new level of personalization. Diamond Bounty 7s Screenshot In an industry-first, the game offers four distinct bet levels that can enhance multipliers on wild symbols, activate "Hold and Win" symbols, and increase the likelihood of triggering the "Hold and Win" feature via "Super Hold and Win" symbols. During the Hold and Win bonus round, players can reset their three initially awarded spins by landing an instant cash prize. The bonus round also includes an opportunity to secure a Cashpot, which can multiply a player's bet by up to 20,000 times. Diamond Bounty 7s Features Furthermore, the title also comes with a Buy Bonus feature, providing instant access to the Hold and Win round and offering an elevated bonus round where Cashpots can be secured more frequently. This Buy Bonus feature is expected to cater to players who prefer direct entry into high-stakes bonus games. Diamond Bounty 7s Buy Bonus The launch of Diamond Bounty 7s follows other successful Kalamba releases like Cashpot Kegs Megaways™, Gold Tracker 7s, and Hyper Blitz Hold and Win. COO and Co-Founder of Kalamba Games, Alex Cohen, said, The game combines classic themes with revolutionary mechanics, placing player choice at the center. The Hold and Win bonus round, in particular, ramps up the excitement, and we are keen to see how both operators and players respond to this new offering. Kalamba Games
Evoplay, a leading game development studio, has unveiled Ocean Catch, a new slot that plunges players into a fishing-themed aquatic adventure. This game introduces the Fish&Collect and Tackle Box features, promising action-packed gameplay and significant rewards. A Fishing Adventure Evoplay's latest creation, Ocean Catch, immerses players in the serene beauty of the underwater world while offering a thrilling fishing experience. This 5x4 slot game is not just another addition to Evoplay's portfolio; it's a testament to the studio's ability to blend popular themes with groundbreaking gameplay mechanics. With Ocean Catch, Evoplay invites players on an aquatic adventure with rewards and engaging features. Hook, Line, and Sinker Features Ocean Catch is set apart by its innovative game mechanics, including the Fish&Collect and the explosive Dynamite Feature. The Fish&Collect mechanism activates when an instant reward fish symbol and a Wild symbol land on the reels together, promising big catches for players. The excitement escalates with the Dynamite Feature, which can be triggered randomly during any spin where at least one Wild appears. This feature transforms up to six regular symbols into Fish symbols, enhancing the Fish&Collect Feature's potential for massive wins. Set sail for riches with Ocean Catch at trusted Evoplay online casinos, verified and approved by the OCR Team. Diving Deeper with Free Spins The game's allure is further enhanced by the Free Spins rounds, which players can access by landing three or more Bonus symbols. These rounds offer varying levels of volatility, allowing players to choose their preferred style of play. During Free Spins, every Wild symbol that appears not only advances the progress bar but also, after collecting four Wilds, grants additional spins and increases the Wild multiplier, amplifying the thrill of the chase. During Free Spins, the Gold Fish symbol can appear on the reels, offering a chance to win up to 100 times the player's bet. Additionally, if the T
M88 Mansion is gearing up to host the 10th anniversary of IT'S THE SHIP, the premier sea festival in Asia, embarking from Korea this May with an exciting array of entertainment. A Spectacular Voyage IT'S THE SHIP will celebrate its 10th anniversary this year with a special edition setting sail from Busan, South Korea, to Nagasaki, Japan, and back. The festival will take place aboard the luxurious Italian vessel Costa Serena, offering its attendees a continuous four-day and three-night party experience, affectionately known as shipmates. The journey promises to blend exhilarating musical performances with breathtaking views of the Korean coastline. Stellar Musical Lineup The 2024 festival boasts an impressive roster of international DJs and performers, including Da Tweekaz, Tchami, Yellow Claw, ACRAZE, Afro Bros, Amber Broos, Quintino, and €URO TRA$H. Adding to the allure, M88 Mansion's celebrity partner and brand ambassador, Maria Ozawa, will grace the event with an exceptional performance, enhancing the festive atmosphere with her presence. Exclusive Onboard Activities M88 Mansion is set to enrich the shipmates' experience with exclusive onboard activities tailored to boost engagement and excitement. Highlights include a live baccarat tournament featuring a $25,000 prize pool and daily entertainment like Heads Up Poker, a Mini Golf Course, and the Spin the Giant Wheel of Fortune. Attendees will also have the unique opportunity to challenge Maria Ozawa to a game of Beer Pong, adding a personal touch to their adventure. Engaging Partnerships and Promotions As the title sponsor, M88 Mansion is pivotal in enhancing the event's appeal by offering exclusive M88 Mansion and IT'S THE SHIP merchandise. This partnership underscores a shared commitment to delivering unforgettable experiences, as Ben Kee, IT'S THE echoesSHIP's partnership lead. He expressed enthusiasm for the ongoing collaboration with M88 Mansion, aiming to elevate the event to new heights with this year's Korean edition. A Decade of Memorable Journeys S
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By 2040, Singapore aims to generate US$35.6 billion in tourism receipts from its integrated resorts, focusing on high-value tourists. This ambitious goal reflects the city-state’s intent to remain a global leader in luxury tourism and gaming. The $35.6 billion target will be reached by 2040 through increased visitor spending, innovative gaming experiences and integrated resorts. The strategy highlights luxury, exclusivity and high-end entertainment. At the centre of Singapore's strategy is the expansion of the two iconic resorts: Marina Bay Sands and Resorts World Sentosa. These resorts are not just casinos - they are luxury ecosystems with world-class hotels, entertainment venues and fine dining restaurants designed to attract high rollers. Singapore Bets Big on Its Ambitious Vision Singapore's vision for 2040 focuses on boosting revenue generated from the tourism and gambling sectors. By broadening its tourism portfolio and investing in new attractions, the country aims to diversify its revenue streams and deepen visitor engagement. Positioning itself as a luxury tourism hub, Singapore is focusing on attracting high-net-worth visitors seeking premium experiences. For elite travellers, it’s an appealing destination with the highest standard of service and exclusivity. The $35.6 billion target marks a 60% increase from the 2024 goal of $22.25 billion. The Singapore Tourism Board projects annual growth of 3% to 4%, providing a realistic path to success. While tourism has traditionally always centred around shopping, dining, and general leisure, Singapore’s 2040 vision adds unique cultural experiences, immersive entertainment, and technology-forward attractions for all. This includes new attractions like interactive heritage trails and the Mandai Wildlife Reserve. A Development Strategy Built on Gambling Marina Bay Sands and Resorts World Sentosa are the cornerstones of Singapore's tourism economy, generating billions in revenue and attracting tourists from across the globe. Gaming revenue via hotspots like
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