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The report assesses black market activity across 28 European jurisdictions, including the UK, Netherlands and Germany. According to estimates across a mature black market ecosystem, 25 operators account for approximately 64% of relevant black market traffic.

Thanks to the “rapid growth of crypto currencies” and globally recognisable branding through marketing and sponsorships, this handful of operators are generating the majority of illegal gambling traffic across Europe.

The report also cites brands targeting a specifically banned vertical or product within a jurisdiction as driving black market activity. While markets across Europe have many examples, one such flagged in the report is that iGaming remains illegal for licensed operators in France.

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But Playtech has claimed that the Spectrum report, which is now publicly available, was unable “to confirm or refute” some of Black Cube’s claims, “as Evolution failed to provide Spectrum with significant information it had requested”.

Evolution declined to provide a comment on the update.

Notably, Spectrum said within its report that it did not believe Evolution had engaged in any illegal practices. It also refuted allegations concerning cash payments and the use of Evolution’s games in sanctioned countries.

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The new title steps outside the series’ usual framework, though. Where the earlier Oktoberfest entries leaned on the studio’s Hold and Win engine, this slot brings together ice-cold Märzen, sizzling bratwurst, salted pretzels, Tyrolean hats, and friendly locals ready to say “Prost!” Winning combinations can reach up to x2000 of the bet.

The mechanical shift is the clearest editorial detail here. The Bonus Spins game begins when three or more Coins land on the grid, awarding five Bonus Spins. A Plus Coin mechanic can extend that round, positioning the title around bonus-spin play rather than the coin-collection format of its predecessors.

That distinction is worth flagging because the prior Oktoberfest titles were explicitly Hold and Win games chasing Mini and Mega prize tiers. Lucky Fest Hold and Win is set on a 3×3 reel with 27 pay lines that offer plenty of opportunities to win. It runs an RTP of 97.1% and high volatility.