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NuxGame Updates Online Casino Solution – Welcome New Providers and Cryptocurrencies on Board

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NuxGame, an iGaming solutions provider, announces the latest update for all casino-related software solutions. The update mainly concerns new providers and new cryptocurrencies. From now on, the clients can integrate games by such noted casino game developers as Wazdan, Revolver Gaming, and KA Gaming. Also, the company has expanded the Bitcoin casino solution, integrating new cryptocurrency brands and payment methods.

According to NuxGame’s official announcement, “We’ve done a great job – apart from new content, NuxGame also implemented a number of minor back-office features that will enhance the usability of our online casino platform. We’ve always been patient with the request of our clients, we have implemented the exact features that our clients were asking for. As well, NuxGame integrated some solid casino brands, so our clients have an opportunity to refresh their portfolio with new titles. For instance, KA Gaming’s portfolio enlists more than 300 titles, and their games are perfect for operating in the Asian region. We offer gaming content integrations for every world market and offer a broad range of genres to make sure that our client’s players are satisfied.”

The new gaming titles and crypto brands are already available for integration into your brand.

Latest Updates: Overview

Recently integrated providers are available across various NuxGame solutions – Turnkey, Seamless Wallet API, and Retail. In case you order a ready-to-launch Turnkey project, NuxGame delivers a fully-featured branded casino website with all gaming titles of your choice. The operators who want to add new games to their suite can integrate any of the titles with the help of Seamless Wallet API – a swift solution for established brands. Also, the entire casino gaming suite is available for integration into any land-based betshop system.

Bitcoin Solution by NuxGame is a cutting-edge solution aimed at markets where cryptocurrency is actively used. NuxGame offers a comfortable and fast Coins Payment service that allows making payments with top cryptocurrencies and exchanging cryptocurrencies to fiat currencies. Bitcoin Casino solutions are getting more and more popular these days due to the anonymity of payments and the swiftness of transactions.

NuxGame Casino Solutions

NuxGame offers a wide choice of gaming solutions:

  • online casino (slots, table games, video poker, lotto, scratchcards and more),
  • live casino (roulette, baccarat, blackjack, monopoly, poker etc.),
  • virtual sports (motorbikes, speedway, greyhound racing, virtual soccer, virtual keno and others).

NuxGame’s clients get access to a broad portfolio of games:

  • 60+ gaming vendors;
  • 4,500 game titles;
  • 10+ live dealer game developers;
  • 10+ gaming categories.

For more information about solutions for online casinos, visit the NuxGame official website or contact a sales representative.

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InternationalReserve Offers Attractive Investment Alternatives as Inflation Hedge

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LONDON, April 24, 2024 /PRNewswire/ — As inflation continues to unwind the world economy, traders are urgently looking for safe places to park their hard-earned assets. Traditional asset classes such as equities and bonds are starting to show vulnerability, leading many to look towards alternative investments. This is where InternationalReserve steps into the spotlight, delivering a compelling solution: cryptocurrencies, specifically through Contract for Difference (CFD) products.

“Inflation is a major concern for traders right now,” says Antonio Allegro, Chief Investment Officer at InternationalReserve. “Traditional assets tend to struggle during these periods, but this is not the case with cryptocurrencies.”

The allure of crypto CFDs

While not risk-free, certain digital assets have the potential to offer a hedge against rising prices. Bitcoin, for instance, has a fixed supply, unlike traditional fiat currencies that can be printed endlessly by governments, which ends up causing inflation. This scarcity could cause the value of Bitcoin to go up over time, thus making it an appealing store of value.

However, directly investing in cryptocurrencies could be a daunting task and requires managing private keys and digital wallets. In this climate, InternationalReserve’s innovative CFD products have a distinct advantage over others.

“Our CFDs allow traders and investors an opportunity to gain exposure to the price movements of cryptocurrencies without owning the underlying assets,” explains Antonio Allegro. “This means they can benefit from potential price rises without the hassle of safeguarding private keys or worrying about exchange security.”

With a trading platform that has a user-friendly interface, InternationalReserve enables investors of all experience levels to embark on the crypto market. CFDs provide leverage, which can magnify potential returns and also losses. Additionally, traders can go long or short on cryptos, letting them profit from both rising and falling prices.

About InternationalReserve

InternationalReserve is a leading CFD trading broker that empowers traders to navigate the dynamic and ever-changing landscape of global financial markets. They offer a comprehensive suite of markets, including forex, crypto, stocks, indices, and commodities, all with low spreads and fast execution. With a commitment to providing a seamless trading experience, their team of seasoned professionals in this field powers a simple yet powerful trading platform with numerous trading tools packed under the hood. Beyond just performing trades, the brand offers a library of materials covering different aspects of trading to help traders enhance their trading knowledge and skills.

https://internationalreserve.net/

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“Sopra Steria” is positioned as a Leader in the 2024 SPARK MatrixTM for Cloud-Native Application Development Services by Quadrant Knowledge Solutions

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  • The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the Cloud-Native Application Development Services (CNADS) vendors.  
  • Sopra Steria, with its comprehensive technology for Cloud-Native Application Development Services, has received strong ratings across the parameters of technology excellence and customer impact.

PARIS, April 24, 2024 /PRNewswire/ — Sopra Steria and Quadrant Knowledge Solutions announced today that Sopra Steria has been named as a leader in the Q1 2024 SPARK MatrixTM analysis of the global CNADS market.

 

 

The Quadrant Knowledge Solutions’ SPARK Matrix™: Cloud-Native Application Development Services, includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™. The study offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position.

According to Sitaparna Roy, Analyst at Quadrant Knowledge Solutions, “Sopra Steria through its Modern Apps Development Services helps organizations to convert their ideas into Minimum Viable Product (MVP) and monitor all the development stages to production with unparalleled speed, efficiency, and productivity. It facilitates this by offering Enterprise Architect Services, Low- code/ No-code services and Cloud-Native Application development Services in its Modern Apps Development Services portfolio. […] It supports innovation through adoption of the latest technologies and tools for generating new ideas for products, services, and tools. Sopra Steria’s unique ‘BizDevSecOps’ approach for end-to-end digital transformation supports effective communication and collaboration between businesses and team operations throughout the software development life cycle.”

“Sopra Steria is proud to be recognized once again as a leader in Cloud-Native Application Development Services by Quadrant Knowledge Solutions. Our commitment to innovation, customer-centricity, and excellence in service delivery has enabled us to maintain this position for the third consecutive year. We believe that our comprehensive approach to modern application development, supported by our Cloud Center of Excellence and Ingine Platform, empowers organizations to achieve their digital transformation goals efficiently and effectively.”, comments Yann Gloriau, Cloud expert at Sopra Steria.

Click here to know more.

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CONTACT: Aurélien Flaugnatti, [email protected]

 

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JCET Q1 2024 Revenue and Net Profit Achieve Double-digit Year-on-Year Growth

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Q1 2024 Financial Highlights:

  • Revenue was RMB 6.84 billion, an increase of 16.8% year-on-year.
  • Net profit was RMB 0.13 billion, an increase of 21.7% year-on-year.
  • Generated RMB 1.37 billion cash from operations. With net capex investments of RMB 0.93 billion, free cash flow for the quarter was RMB 0.44 billion.
  • Earnings per share was RMB 0.08, as compared to RMB 0.06 in Q1 2023

SHANGHAI, April 24, 2024 /PRNewswire/ — JCET Group (SSE: 600584), a leading global provider of integrated circuit (IC) back-end manufacturing and technology services, today announced its  financial results for the first quarter of 2024. According to the financial report, in Q1 2024 JCET achieved revenue of RMB 6.84 billion, an increase of 16.8% year-on-year, and net profit of RMB 0.13 billion, an increase of 21.7% year-on-year. The company’s revenue has achieved year-on-year growth for two consecutive quarters.

JCET demonstrates continued success in high-performance advanced packaging and its core applications. Since the second half of 2023, customer demand has gradually recovered and the company’s business performance has continuously rebounded. In the first quarter of this year, JCET continued the trend of steady development, with a healthy inventory turnover. Multiple business fields including communication electronics, computing electronics, and consumer electronics achieved growth compared to the same period last year. The company has strategically increased R&D investment in advanced technology, resulting in stable high-volume manufacturing (HVM) of its multi-dimensional fan-out heterogeneous integration XDFOI technology across multiple JCET factories. This technology offers advanced chiplet packaging solutions for global customers, addressing market demands in high-performance computing (HPC) and high bandwidth memory (HBM).

With a focus on future development, JCET has strengthened its core competitiveness by increasing the capital of its wholly-owned subsidiary, JCET Management Co., Ltd., by RMB 4.5 billion. Doing so further refines its business strategy in automotive electronics, memory and computing electronics.

Mr. Li Zheng, CEO of JCET, said, “JCET has maintained steady business performance in the first quarter of 2024 with double-digit year-on-year growth. As the semiconductor market rebounds, JCET is accelerating production capacity release and fostering joint innovation with customers in high-performance memory, high-performance computing, and high-density power management. These efforts position JCET to play an even more prominent role in the global semiconductor industry.”

For more information, please refer to the JCET Q1 2024 Report.

About JCET Group

JCET Group is the world’s leading integrated-circuit manufacturing and technology services provider, offering a full range of turnkey services that include semiconductor package integration design and characterization, R&D, wafer probe, wafer bumping, package assembly, final test and drop shipment to vendors around the world.

Our comprehensive portfolio covers a wide spectrum of semiconductor applications such as mobile, communication, compute, consumer, automotive and industry etc., through advanced wafer level packaging, 2.5D/3D, System-in-Packaging, and reliable flip chip and wire bonding technologies. JCET Group has two R&D centers in China and Korea, six manufacturing locations in China, Korea and Singapore, and sales centers around the world, providing close technology collaboration and efficient supply-chain manufacturing to customers in China and around the world.

CONSOLIDATED BALANCE SHEET (Unaudited)                                                                

RMB in millions

Mar 31, 2024

Dec 31, 2023

ASSETS

Current assets

  Currency funds

9,977

7,325

  Trading financial assets

1,752

2,306

  Derivative financial assets

0

4

  Accounts receivable

3,577

4,185

  Receivables financing

49

38

  Prepayments

135

104

  Other receivables

109

87

  Inventories

3,222

3,195

  Other current assets

353

375

Total current assets

19,174

17,619

Non-current assets

  Long-term receivables

32

33

  Long-term equity investments

677

695

  Other equity investments

442

447

  Investment properties

85

86

  Fixed assets

18,563

18,744

  Construction in progress

1,220

1,053

  Right-of-use assets

543

563

  Intangible assets

662

662

  Goodwill

2,251

2,248

  Long-term prepaid expenses

15

17

  Deferred tax assets

362

364

  Other non-current assets

84

48

Total non-current assets

24,936

24,960

Total assets

44,110

42,579

LIABILITIES AND EQUITY  

Mar 31, 2024

Dec 31, 2023

Current liabilities

  Short-term borrowings

463

1,696

  Derivative financial liabilities

2

0

  Notes payable

307

223

  Accounts payable

4,508

4,782

  Contract liabilities

129

185

  Employee benefits payable

646

781

  Taxes and surcharges payable

180

167

  Other payables

377

354

  Current portion of long-term liabilities

1,538

1,491

  Other current liabilities

2

3

Total current liabilities

8,152

9,682

Non-current liabilities

  Long-term borrowings

7,940

5,777

  Lease liabilities

504

530

  Long-term payables

4

0

  Long-term employee benefits payable

15

14

  Deferred income

390

384

  Other non-current liabilities

36

41

Total non-current liabilities

8,889

6,746

Total liabilities

17,041

16,428

Equity

  Paid-in capital

1,789

1,789

  Capital reserves

15,244

15,237

  Accumulated other comprehensive income

555

543

  Specialized reserves

1

0

  Surplus reserves

257

257

  Unappropriated profit

8,374

8,239

Total equity attributable to owners of the parent

26,220

26,065

Minority shareholders

849

86

Total equity

27,069

26,151

Total liabilities and equity

44,110

42,579

CONSOLIDATED INCOME STATEMENT (Unaudited)                                                                                                     

RMB in millions, except share data

Three months ended

Mar 31, 2024

Mar 31, 2023

Revenue

6,842

5,860

Less: Cost of sales

6,007

5,166

          Taxes and surcharges

13

20

          Selling expenses

54

49

          Administrative expenses

224

171

          Research and development expenses

381

309

          Finance expenses

8

57

            Including: Interest expenses

93

64

                     Interest income

61

9

Add: Other income

39

32

         Investment income / (loss)

(10)

2

            Including: Income / (loss) from investments in associates and joint ventures

(17)

(12)

         Gain / (loss) on changes in fair value of financial assets/liabilities 

(5)

8

         Credit impairment (loss is expressed by “-“)

7

5

         Asset impairment (loss is expressed by “-“)

(18)

6

         Gain / (loss) on disposal of assets 

3

3

Operating profit / (loss)

171

144

Add: Non-operating income

1

0

Less: Non-operating expenses

0

3

Profit / (loss) before income taxes

172

141

Less: Income tax expenses

38

31

Net profit / (loss) 

134

110

Classified by continuity of operations

  Profit / (loss) from continuing operations

134

110

Classified by ownership

  Net profit / (loss) attributable to owners of the parent

135

110

  Net profit / (loss) attributable to minority shareholders

(1)

0

Add: Unappropriated profit at beginning of period

8,239

7,154

Unappropriated profit at end of period (attributable to owners of the parent)

8,374

7,264

Other comprehensive income, net of tax

12

(131)

Comprehensive income attributable to owners of the parent

12

(131)

Comprehensive income not be reclassified to profit or loss

(4)

11

  Remeasurement gains or losses of a defined benefit plan

0

1

  Change in the fair value of other equity investments

(5)

10

Comprehensive income to be reclassified to profit or loss

17

(142)

  Exchange differences of foreign currency financial statements

17

(142)

Total comprehensive income

146

(21)

  Including:

     Total comprehensive income attributable to owners of the parent

147

(21)

     Total comprehensive income attributable to minority shareholders

(1)

0

Earnings per share

  Basic earnings per share

0.08

0.06

  Diluted earnings per share

0.08

0.06

CONSOLIDATED CASH FLOW STATEMENT (Unaudited)                                                                                                                                                          

RMB in millions

Three months ended

Mar 31, 2024

Mar 31, 2023

CASH FLOWS FROM OPERATING ACTIVITIES

  Cash receipts from the sale of goods and the rendering of services

7,806

6,984

  Receipts of taxes and surcharges refunds

117

94

  Other cash receipts relating to operating activities

102

53

Total cash inflows from operating activities

8,025

7,131

  Cash payments for goods and services

5,176

4,385

  Cash payments to and on behalf of employees

1,192

1,194

  Payments of all types of taxes and surcharges

92

212

  Other cash payments relating to operating activities

192

106

Total cash outflows from operating activities

6,652

5,897

Net cash flows from operating activities

1,373

1,234

CASH FLOWS FROM INVESTING ACTIVITIES

  Cash receipts from returns of investments

4,250

3,930

  Cash receipts from investment income

13

14

  Net cash receipts from disposal of fixed assets, intangible assets and other long-term assets

3

26

Total cash inflows from investing activities

4,266

3,970

  Cash payments to acquire fixed assets, intangible assets and other long-term assets

933

839

  Cash payments for investments

3,700

2,780

Total cash outflows from investing activities

4,633

3,619

Net cash flows from investing activities

(367)

351

CASH FLOWS FROM FINANCING ACTIVITIES

  Cash proceeds from investments by others

770

0

      Including: Cash receipts from capital contributions from minority shareholders of subsidiaries

765

0

  Cash receipts from borrowings

2,279

347

Total cash inflows from financing activities

3,049

347

  Cash repayments for debts

1,306

985

  Cash payments for distribution of dividends or profit and interest expenses

80

53

  Other cash payments relating to financing activities

19

33

Total cash outflows from financing activities

1,405

1,071

Net cash flows from financing activities

1,644

(724)

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

2

(8)

NET INCREASE IN CASH AND CASH EQUIVALENTS

2,652

853

Add: Cash and cash equivalents at beginning of period

7,325

2,453

CASH AND CASH EQUIVALENTS AT END OF PERIOD

9,977

3,306

 

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