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Barcelona studio to open in early 2024 and work is underway on a new third-person action-adventure title.

AUSTIN, TEXAS, USA, August 31, 2023/EINPresswire.com/ — Arctic7, which provides a robust suite of full-scale and co-development services in game development and virtual production services for the movie and TV industry, has today announced it will open a new facility in Barcelona, bolstering overall European presence alongside its existing studio in Montenegro.

The studio is scheduled to open in early 2024. Kedhrin Gonzalez will continue in his role as Studio Head of Arctic7 Montenegro and will add the Barcelona studio to his remit with the new studio significantly increasing development capacity available for full game and co-development work with partner projects and internal IP Arctic7 is developing, the first of which is also teased for the first time this week and presented to potential partners.

The as-yet unnamed title is a post-civilisation, third-person action-adventure title built using Unreal Engine 5. Humans thrive in the ruins of a world that fights off a new dark age thanks to the vestiges of technology but are faced with a growing challenge from the reawakening of ancient spiritual forces. Gameplay is built around deep exploration, emotional narrative and a sophisticated and evolving combat system.

Kedhrin Gonzalez, Arctic7 Europe Studio Head, said: “At Arctic7 Europe, while we continue to focus on building strong partnerships for our co-development work, we’re always trying to think of ways to push forward our skills and fuel our passion for making great games for partners. This project is a direct result of that passion and draws on the teams’ experience working on some of the world’s leading games such as Halo, Rainbow Six series and more.”

Arctic7 Chief Executive Officer Igor Efremov said: “Over the past year, we have significantly grown our full game, co-development and virtual production capabilities as we look to establish a leadership position in the space and all focused on delivering great entertainment experiences for our partners and players. We are proud to announce that we are continuing to grow Arctic7 in Barcelona, which will be an additional hub for both full game development and co-development projects. I believe the historic city of Barcelona will be a great steppingstone forwards, giving us access to a rich talent pool so that we can turn out even more entertainment experiences.’’

The news follows a recent announcement that Arctic7 had appointed a new commercial team, featuring a variety of seasoned industry leaders to build exceptional partnerships and pursue an array of new business opportunities.

Established in 2022, Arctic7 is a fully independent collection of four studios, strategically situated in the US, Canada and Europe with capabilities across gaming and media industries. Each studio is an integral part of Arctic7’s collective strength with more than 150 dedicated professionals working across internally developed IP, co-development projects and virtual production.

Ross Baillie
Five in a Boat
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LONDON, GREATER LONDON, UK, August 30, 2023 /⁨EINPresswire.com⁩/ — The Business Research …

A recent report by Lottalytics Research, titled “VA Lottery Market Analysis 2021-2031”, has highlighted the significant growth and potential of the VA Lottery.

RICHMOND, VIRGINIA, UNITED STATES OF AMERICA, August 30, 2023/EINPresswire.com/ — The latest report by Lottalytics Market Research, titled “VA Lottery Market Analysis 2021-2031”, has highlighted the significant growth and potential of the VA Lottery. The report provides a comprehensive analysis of the market, including current trends, growth drivers, va lottery results, and future projections. As of 2021, the VA Lottery market was valued at $300.60 billion and is projected to reach $430.4 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031.

The lottery has been a part of human culture for centuries. In Virginia, residents participate in the lottery for various reasons, including the thrill of the challenge, the potential financial rewards, and the sheer enjoyment of the game. The primary motivations for purchasing lottery tickets in the state include the aspiration to win big, feeling lucky, curiosity, and the entertainment value of the game.

A significant driver for the VA Lottery’s growth is the increasing accessibility of the internet and the widespread use of devices such as tablets, laptops, and smartphones. The digital transformation has made online lottery systems more dominant, with the demand for mobile-based lottery experiences on the rise.

However, the lottery market faces challenges in the form of stringent regulations in various regions. While the VA Lottery enjoys popularity, it’s essential to note that many countries have strict lottery rules or have banned them altogether. For instance, in countries like Iran, Saudi Arabia, and Qatar, lotteries are prohibited. Even within countries, the legality of lotteries can vary by state or region. High taxes on lottery prizes and tickets in some areas can also hinder market growth.

In terms of lottery types, the lotto segment dominated the market in 2021, holding a significant share. However, scratch-off instant games are expected to witness the fastest growth, with a projected CAGR of 4.3% during the forecast period.

On the application front, offline lottery stores held the majority market share in 2021. However, the online lottery segment is predicted to experience the highest growth rate, with a CAGR of 5.6% during the forecast period.

The report also profiles key players in the VA Lottery market, including INTRALOT, MDJS, Camelot Group, Florida Lottery, Francaise des Jeux, Mizuho Bank Ltd., Loterías y Apuestas del Estado, Hong Kong Jockey Club, Singapore Pools, and California Lottery.

Key Takeaways from the Study:

The lotto segment held the majority market share in 2021, with scratch-off instant games expected to be the fastest-growing segment.
Online lottery platforms are predicted to show rapid growth, driven by the increasing use of smartphones and internet accessibility.
The Asia-Pacific region dominated the global lottery market in 2021, with North America, particularly Virginia, showing promising growth potential.
Why This Report is Crucial:

Gain insights into mergers and acquisitions to strategize business moves.
Identify potential partners and clients.
Enhance presentations with reliable data and analysis.
Understand competitors’ strategies and R&D initiatives.
Discover new market opportunities and trends.
The VA Lottery continues to be a significant player in the global lottery market, offering residents exciting opportunities and contributing to the state’s economy.

Tim Szabo
Lottayltics Market Research
+1 757-610-9773
email us here

SCCG Partners with Abdala Advogados

In a move that signals a deeper commitment to the growing Brazilian gaming market, SCCG Management, has announced a strategic partnership with Abdala Advogados

LAS VEGAS, NEVADA, USA, August 30, 2023/EINPresswire.com/ — In a move that signals a deeper commitment to the rapidly growing Brazilian gaming market, SCCG Management, a global leader in gaming industry advisory services, has announced a strategic partnership with Abdala Advogados, a premier Brazil-based law firm specializing in a multitude of sectors including litigation and legal intelligence, digital law, sports law, and government relations.

Stephen Crystal, Founder and CEO of SCCG Management remarked on the alliance, “The Brazilian gaming market is on the brink of transformative growth. By integrating Abdala Advogados’ deep-rooted legal expertise with SCCG’s global gaming network, we’re ensuring that our clients have a robust foundation for success in this promising market. Our SCCG office in Florianopolis only solidifies the synergy of this partnership, granting both firms an unparalleled advantage in serving and understanding the Brazilian landscape.”

Abdala Advogados stands distinguished in its offering, presenting strategic legal solutions based on ethical principles that have earned them unwavering trust and commitment from clients. Their tech-infused strategies, focus on data analysis, and responsiveness in judicial settings make them

uniquely positioned to address both routine and complex demands. The firm’s devotion goes beyond monetary success; they are deeply committed to ethical operations that contribute to society’s well-being.

Sergio Garcia Alves, Partner at Abdala Advogados, expressed his enthusiasm for the collaboration, “The Brazilian gaming market is expanding fast, and each vertical meets its own challenges and opportunities. That’s why I am happy to partner with Stephen A. Crystal and SCCG Management to support our clients in landing in the country, navigating the regulatory landscape and expanding their businesses in Brazil. SCCG adds enormous expertise to our practice and will refine our interaction with public and private stakeholders as we shape the future of the market.”

Both SCCG Management and Abdala Advogados envision this partnership as a significant step in shaping the future of the Brazilian gaming market, ensuring that stakeholders, investors, and businesses enjoy a well-informed, legally sound, and strategic advantage.

SCCG Management stands as a cornerstone in the global gambling arena, bolstered by an extensive network that spans the entirety of the industry. Their client-partner ecosystem, a remarkable assembly of over 100 companies, comprehensively covers every sector of the industry. This expansive coalition represents an intricate web of expertise, innovation, and opportunity. As SCCG continues to extend its reach, it is evident in their growing distribution footprint, now present in every region worldwide.

ABOUT ABDALA ADVOGADOS

Abdala Advogados is a leading law firm grounded in principles of partnership and commitment. They offer strategic legal solutions, managing both complex and routine demands across all judicial tiers, especially the Superior Courts (STF, TST, and STJ), regulatory agencies, and legislative branches in Brazil. Leveraging decades of experience and technical acumen, they ensure efficient decision-making. Abdala Advogados values responsible, sustainable outcomes and is deeply committed to societal development and well-being.

https://www.abdalaadvogados.adv.br/

ABOUT SCCG MANAGEMENT:

SCCG Management is a premier management advisory firm, featuring experienced leaders from the global gaming industry who deliver expert solutions for strategic success with a focus on iGaming, Sports Betting, E-Sports, and Casino Technology. With a global network spanning over 30 years and international offices in Europe, Africa, Asia, South America, and Latin America, SCCG connects clients with the right strategic partners for global scale growth. As an accelerator for early-stage companies, we promote innovation and empower emerging businesses to achieve their objectives. SCCG also acts as an early-stage investor, providing capital and resources to entrepreneurs developing new and innovative products and platforms.

https://sccgmanagement.com

Stephen A. Crystal
SCCG Management
+1 702-427-9354
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The AAP on Tuesday urged the Supreme Court to shut down the Enforcement Directorate after the CBI booked an assistant director with the federal agency on bribery charges. The CBI registered an FIR against ED Assistant Director Pawan Khatri in connection with an alleged bribery of Rs 5 crore by liquor businessman Amandeep Dhall to […]

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