IGT to add four new Wild Streak Gaming casino titles
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IGT will develop four new land-based slot titles for Wild Streak Gaming. The deal extends a long-standing collaboration between the two companies. Wild Strik has already produced a number of slot games for IGT.
IGT will release Greek/Lucky Lightning in the second quarter of this year. Wild Streak-produced game includes a pair of variations depending on how many credits a player chooses to play on each spin.
IGT will add four new Wild Streak Gaming casino titles. Bragg Gaming Group announced in June 2021 that it had agreed a deal worth $30 million to acquire Las Vegas-based content creation studio WildStreak.
Bragg Gaming Group has published financial results for the first quarter ending March 31, 2022. In the quarter Bragg generated revenue of EUR €19.4 million (USD $20.5 million) and gross profit of €10.0 million.
Quarterly revenue of EUR €19.4 million (USD $20.5 million) and adjusted EBITDA of €3.0 million.
Bragg recorded a 51.8 percent record quarterly gross profit margin. Bragg's CSO believes the company has the right operating plan in place to achieve its goal of growing gross profits to 60% by 2024.
IGT posted its own financial results for the first quarter of 2022. It reported revenue of $1.1 billion. For the second quarter, the company expects revenue up to $2 billion with a 20-22 percent operating income margin. IGT announced it will be supplying its "IGt ADVANTAGE" casino management system and a variety of leading I GT games and cabinets to the Cebu, Philippines’ soon-to-open Nustar Resort and Casino.
