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Bluberi Closes $55 Million Financing

May
22

Las Vegas, NV, May 22, 2024 — Bluberi Gaming USA, Inc. (“Bluberi” or the “Company”) announced that it closed a $55 million financing facility with Citizens acting as Left Lead Arranger on the transaction.

Bluberi is one of the fastest-growing suppliers of slot machines and gaming content in North America. With a diverse group of employees and studios in Nevada, Texas, New Brunswick, and Québec, the Company serves casino customers across the United States, Canada, and tribal jurisdictions.

Bluberi’s CEO, Andrew Burke, said: “This new financing provides Bluberi with the capital necessary to support the rapid roll-out of our industry-leading content, including Shark’s Lock and Devil’s Lock: All-In, to new customers and new jurisdictions. The Citizens team served as a trusted advisor to Bluberi throughout the process.”

Chris Lynch, Managing Director at Citizens, said: “The Bluberi team is exceptional, and we believe they will continue to disrupt the market with their new and innovative content. We appreciate the opportunity to lead this important transaction for Bluberi and look forward to supporting the Company’s continued growth.”

About Bluberi Gaming USA, Inc.

Bluberi is a product and technology company putting the fun back in casino gaming with a passionate team of industry veterans and rich company history in game development. Focused on best-in-class game quality, Bluberi supplies player-favorite games and hardware to North American Class III, Class II, and Historical Horse Racing (HHR) casinos. To learn more, please visit www.Bluberi.com or visit us on LinkedIn, Facebook, Instagram or Twitter..

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $220.4 billion in assets as of March 31, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,100 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.

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The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.

Copyright © 2025 Bluberi Gaming USA, Inc. All Rights Reserved.

Designed and Developed By: Royal Ink

Distraction Action

The nature of modern slot machines relies on many losing spins to generate big wins for players. Distraction Action keeps players engaged in the chase with non-paying game features and graphical animations.

Jackpot Shot: Every time the Jackpot Shot symbols land on the reels, they fill the scale pot fillers and give players a chance at a jackpot.

Super Events

Rare and hard-to-achieve game features or bonuses that are enhanced versions of the basic bonuses available in the game, designed to create long-term chases and clear player goals.

Timber Jack: Landing 1 or 2 reels of wilds gives players cash prizes or jackpots, but landing all 3 middle reels leads players to the Super Event, where a wheel awards only boosted jackpots.

Believable and Achievable

Giving players a clear path to winning through game rules, mechanics, math, and user interface. A player that knows how to win and what awards to chase will be more likely to adopt a theme long-term.

Devil’s Lock: The simplicity of Devil’s Lock - land the Devil to unlock cash balls - ensures a quick understanding of game rules and a player's path to riches.

Blame Thyself

Players love the ability to make decisions that impact their gaming experience. By presenting these choices to players, games can create an authentic feel driven by the player rather than the underlying game math.

Atomic Duck: When awarded the free games in Atomic Duck, players can take the bonus or choose to gamble for even more free games.

Coal into Diamonds

Small or seemingly insignificant game events or rewards that can lead to bigger and better prizes later in the game.

Honey Bomb: Each cash ball landed in the hold & spin bonus may only be worth a few credits, but it also resets the spin meter and gets the player one step closer to guaranteed jackpots.

Snowball Effect

Game mechanics that begin small, not directly impacting gameplay early, but gain momentum and can result in significant results later.

Rocket Rumble: Iridescent rockets function the same as regular rockets in the game, but collect enough and they start transforming other symbols into the top major symbol.

Surprise Start/Stop

Game events that award credits, jackpots, or game features in quantity, with an unknown number of these items being awarded. Players will be rooting for ‘just one more’!

Shoot for the Loot: At the conclusion of the hold & spin bonus, a random coin is selected, then boosted repeatedly to give players a big prize.

Never the Same Twice

Great games have a variety of bonuses, features, and awards. Only the best have enough depth to continually give players spins and bonuses that feel fresh, keeping them engaged in the chase.

Dancing Pots: Cash balls and jackpots are awarded in a variety of ways through the Prize Pulse hold & spin bonus, then a chance to multiply results ensures no two bonuses will look the same.

Helping Hand

Everyone needs an assist from time to time. Helping Hands are game elements - often characters - that can assist a player in winning by granting bonuses and awards outside of the base game spins. With a Helping Hand, players are never out of the action!

Raging Red: Any time Red - our Helping Hand character - lands on the reels, he transforms base game symbols into instant-pay cash-on-reels.