Magic Idol

What is Magic Idol?

Relax Gaming, the igaming aggregator and supplier of unique content, has signed a Powered By Relax partnership deal to integrate Tom Horn Gaming’s content.

The respected supplier will be providing its popular products to Relax’s network of operator brands via the Powered By Relax partnership programme. Popular titles such as Sweet Crush, Gold X and Wolf Sierra will be amongst the unique content made available through the platform.

The notable addition of Tom Horn Gaming follows a long list of selected third-party studios that have already benefitted from the aggregator’s unrivalled speed-to-market and technical excellence. With a portfolio curated to suit players across international markets, the partnership ties seamlessly into Relax’s ambitious expansion strategy for the year.

About Magic Idol

The action from the first leg was not the most sparkling that either side have produced during the season but hinted at the areas Leicester can exploit back at the King Power Stadium.

When it comes to attacking, free-flowing football, The Foxes are right up there and will surely produce a champagne performance. One player who has quietly been one of the Midlands side’s best performers this season is Belgian midfield magician Youri Tielemans, and at 4/1, he’s a great bet to help his side to an entertaining victory.

Our tip: Youri Tielemans to score and Leicester to win (4/1)

What is Magic Idol?

Many top gaming stocks have underperformed relative to the broader market in recent years, and most of the M&A activity has been facilitated by private equity and other institutions that can more readily capitalise on depressed valuations. There had been hope that rates would start to fall and help alleviate those pressures.

“Publicly traded valuations are a reflection of the current interest rate environment,” Chad Beynon, lead gaming analyst for Macquarie, told iGB. “Whether it’s a long-term financial model on a growth company, you’re going to discount that back at a higher rate, or if it’s just a standard four-wall business, the cash flows in a higher interest rate environment are worth less.”

According to data from Yahoo Finance, the resort and casino sector is -41% over the last five years, and the overall gambling sector, which includes major sportsbooks and online operators, is +7%; the benchmark S&P 500 index, by comparison, is +71% during that span.