Royal Wins is an innovative digital games studio pioneering skill game wagering and betting on mobile casual games
- Royal Wins joins Skill Integrity Council
- Royal Wins says Antics Gaming acquisition lays groundwork for US entry
Quick facts: Royal Wins Corporation
Price: 0.21 CAD
Market Cap: $24.65 m
About the company
Royal Wins is an innovative digital games studio pioneering skill game wagering and betting on mobile casual games.
Established in 2014, it designs, develops and operates real money-wagering skill games, to disrupt and dominate the online gaming space such that all players of legal age can play and win life-changing jackpots and prizes on their skill instead of only on chance and odds.
The company's primary innovation and intellectual property centres around solving big data problems around skill gaming mechanics, algorithms pertaining to balancing cash jackpots, game difficulty modules, and maintenance of Return-to-Player (RTP) percentages.
How it is doing
Royal Wins Corporation has been invited to be a founding member of the newly constituted Skill Integrity Council.
The council was established in 2020 as a not-for-profit, membership-based organization and aims to establish a self-regulatory structure for the competitive Player-to-Player (P2P) skill-based gameplay sector.
The company said members believe that adopting a self-regulatory structure improves the integrity, transparency, equity, and inclusivity of P2P skill-wagering gameplay, as creating a more accessible, engaging, and rewarding experience for all players.
For this very reason, the Skill Integrity Council established a forum where industry stakeholders such as game publishers, developers, platform operators, and other stakeholders can participate in positive and productive ways that would contribute to the industry's growth and success.
The company said the acquisition is a significant building block in its global development strategy, marking its first direct foray into the United States. The addition of Antics and its popular Winning With Words game, further establishes the company's ongoing working relationship with Samsung, Apple and Skillz Inc, it added.
In a statement, Royal Wins said the acquisition of Antics is the first in a series of expected acquisitions to build and grow its business model and will be a significant building block in the company's global development strategy.
What management says
Royal Wins Corporation (CSE:SKLL)'s Peter Gan speaks to Proactive following the news they've signed a Memorandum of Understanding (MOU) to acquire Antics Gaming LLC, a Las Vegas-based developer of skill-based games for Android and iOS platforms. Gan says the acquisition of Antics is the first in a series of expected acquisitions to build and grow its business model and will be a significant building block in the company's global development strategy.
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