Blue Dolphin

About Blue Dolphin

It lets a single title behave like several different bonus games

That combinatorial structure is the real product idea. It lets a single title behave like several different bonus games depending on which crystals land. An optional setting layers on top: GO Ultra doubles every Free Spins award from seven to fourteen spins.

One notable omission for an experienced audience is the lack of a bonus buy, meaning the combined feature modes must be earned through the crystal collection system rather than purchased. That decision keeps the anticipation tied to the meters filling; it also lengthens the runway to the slot’s most rewarding states.

About Blue Dolphin

I have also been impressed with the number of like-minded, empowered female CEOs and leaders I have met. I was recently added to a WhatsApp group exclusively for C-level women in iGaming. When I joined, there were already 150 women in the group, and I was told it started at just 20.

This community has become invaluable to me. Being in a C-role is isolating. You have to make difficult decisions and, unfortunately, you can’t be everyone’s friend all of the time. In fact, a lot of the time, it’s quite the opposite.

Having a community of women who understand that exact feeling, who have experienced these challenges themselves, and who can offer support without any judgment has been transformative. Finding that kind of space in a professional setting is challenging and I couldn’t be more grateful to the women in these communities.

What is Blue Dolphin?

Announced on Wednesday, the all-share deal is expected to close in Q2 2027, forming a combined group with a pro forma adjusted EBITDA of around €2 billion ($2.3 billion).

Cirsa’s implied pro forma value, before synergies, corresponds to an multiple of approximately 6x its expected 2026 EV/EBITDA which will be between €800 million and €820 million, according to the operator’s most recent earnings.

According to a joint press release, the combined company would hold “undisputed leadership positions” in both Italy and Spain, with the group set to hold a duel listing on the Milan and Spanish stock exchanges.