GiG brokers content partnership with Relax

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Companies: GiG 15th May 2018 | By contenteditor Gaming Innovation Group (GiG) has agreed a deal to integrate a selection of table games content from Relax Gaming. Under the agreement, GiG will initially gain access to the Relax range of roulette and blackjack games. Developed in HTML5, all of the content uses the proprietary Relax RNG engine. “Our unique igaming eco-system and vision of opening up igaming to make it fair and fun for all ties in perfectly with Relax Gaming’s new table games and we are delighted to provide their innovative gameplay,” GiG Games Services managing director Mathias Larsson said. “Relax share our approach of putting the customer at the forefront of all ventures and we are excited to grow this relationship in the future across other genres.” Daniel Eskola, chief executive of Relax, added: “It is a pleasure to partner with Gaming Innovation Group, which is continuously investing a lot of thought and effort to deliver the best casino games on the market to its thousands of players. “We are pleased to offer our premium casino titles at very competitive rates so that we can learn each other’s business requirements, which will enable us to build upon this relationship in the future.”Related article: GiG reveals widespread financial growth in Q1 Casino & games Email Address Gaming Innovation Group (GiG) has agreed a deal to integrate a selection of table games content from Relax Gaming Subscribe to the iGaming newsletter GiG brokers content partnership with Relax Topics: Casino & games Tech & innovation Table gameslast_img read more

Probes over William Hill and Bet365 ads

first_img16th July 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Marketing & affiliates Sports betting Probes over William Hill and Bet365 ads The UK’s advertising watchdog is examining whether World Cup adverts by Bet365 and William Hill contravened new gambling guidelines.115 complaints were filed with the Advertising Standards Authority (ASA) by members of the public during the four weeks of Russia 2018, with many expressing concerns about the number of gambling adverts being broadcast. That was more than four times the number of complaints during the previous month.ASA is examining several adverts that offered improved odds for a short period. It will ascertain whether they contravene new guidance in the advertising code of practice that bars companies from making urgent calls to action. iGamingBusiness.com can reveal that the ads are from William Hill and Bet365.In the gambling advertising guidance published by the Committees of Advertising Practice in February, the organisation identified ‘impulsiveness and urgency’ as specific concerns. To combat the issue, it created a provision that “makes clear that ads should not unduly pressure people to gamble.”The guidance “specifically cautions against the use of urgent calls to action when gambling opportunities offered are subject to a significant time limitation; for example, the use of ‘Bet now!’ during a live sporting event”. The ASA explained that live odds themselves are not prohibited, while conditions to offers, such as time limits “are important bits of information that need to be included in ads otherwise they run the risk of being misleading.”An ASA source told iGamingBusiness.com: “The majority of the complaints we received during the World Cup were about the amount/volume of gambling ads that appear as well as concerns that betting and gaming ads should not be scheduled around programmes when children are watching. Viewers find this irresponsible and inappropriate. There were other complaints about misleading ts & cs.“We don’t regulate the amount of ads that appear. But under the current scheduling rules, gambling ads cannot appear on dedicated children’s channels or in and around programmes principally directed at or likely to appeal particularly to them. World Cup games do not fall under that definition.”The Guardian newspaper reported that 17% of all advertising breaks on ITV during the four-week tournament were populated by gambling-related commercials. Research conducted by the University of Sheffield, Box of Broadcasts and the Guardian found that gambling adverts totalled about 80 minutes during the World Cup, well ahead of second-placed motoring ads, which logged around 60 minutes.The saturation of adverts during live broadcasts could lead to gambling becoming “normalised” for young people, many of whom would have been watching World Cup games, according to GambleAware chief executive Marc Etches.He said: “The concern is that this is an adult activity and young people are growing up with it being normalised. They get exposed to it on television around sports, advertising online and gambling activities within [computer] games.“It seems to have gone too far. And for young people growing up there just seems to be a stronger and stronger affiliation between the two [gambling and sport] and I’m wary of that.”In all, the Guardian logged 1,300 separate adverts screened by ITV over the course of the World Cup of which 172 were betting-related.Gambling adverts are banned in the UK prior to the 9pm watershed unless they are broadcast during a live sport event. In contrast, Australia recently introduced a ban on betting advertisements during daytime live sports broadcasts on television channels.Broadcasters are not able to show betting ads from five minutes before the start of play until five minutes after the event has ended, between the hours of 5am and 8:30pm.Last week, the Australian Communications and Media Authority (ACMA) proposed further restrictions on gambling advertising in the country by turning its attention to online streaming services. Regions: UK & Irelandcenter_img Marketing & affiliates Subscribe to the iGaming newsletter Email Address ASA concerned ‘urgent’ calls to action may have broken ruleslast_img read more

NHL to reveal first sports betting partner

first_img Topics: Marketing & affiliates Sports betting Email Address Regions: US The NHL is set to go “all in” with sports betting when it announces a major partnership at a press conference led by commissioner Gary Bettman later today.A long-standing opponent of sports betting and fierce defender of PASPA until its repeal earlier this year, the ice hockey league will give further details about a significant commercial deal at an event taking place in New York City at 11am ET (4pm GMT).According to sources cited by Sportnet’s Chris Johnson, the NHL – which will follow the NBA in signing a betting partner – intends to reap as much as possible from the legal gambling industry. “We’re going all in,” an insider told Johnson.The NHL has kept tight-lipped about the identity of its new partner. William Hill is a contender having already signed up two hockey teams – New Jersey Devils and Vegas Golden Knights – to deals. DraftKings became the NHL’s official fantasy partner in 2014 and is part-owned by the league.Bettman and the NHL were part of a group that attempted to stop New Jersey legalising sports betting. Since the repeal of PASPA he has been an advocate of integrity fees and ensuring the league takes as much money as possible from what is sure to be a lucrative new sector in US sport.“We’ve historically been opposed to extending sports betting on our game, and emotionally I don’t think that’s changed,” Bettman said to podcast host Larry Lage in August. “It is a fact of life in light of the Supreme Court’s ruling, and it’ll be up to states to decide whether or not they’re going to enact sports betting.The deal to be announced today comes almost three months after the NBA became the first major US sport to sign up an official betting partner through its deal with MGM and its playMGM brand. As part of the deal, MGM will use official NBA data on its betting platform and work with the league to detect and prevent fraud and game-fixing. MGM will also have the right to use NBA marks and team logos. It is believed the three-year deal is worth around $25m.At the beginning of October, the American Gaming Association (AGA) released figures that showed the NHL could benefit by more than $200m (€175m/£155m) per year should it fully embrace sports betting in the US.Image: NNC Public Affairs Photography AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Marketing & affiliatescenter_img Ice hockey league to go ‘all in’ with sports betting according to reports 29th October 2018 | By contenteditor Subscribe to the iGaming newsletter NHL to reveal first sports betting partnerlast_img read more

WV sports betting revenue passes $10m in first six months

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance The first six months of legal sports betting in West Virginia has seen the state’s licensed operators generate revenue of $10.1m (£7.7m/€8.9m), with the Penn National Gaming-operated Hollywood Casino at Charles Town Races leading the market.Customers wagered $99.3m since the market opened on September 1, 2018, winning $87.4m.The Charles Town venue was responsible for the bulk of handle and revenue, with stakes for the casino totalling $68.6m, from which it generated revenue of $7.5m.This set it far ahead of the second most popular venue for sports betting, Eldorado Resorts’ Mountaineer Casino, which contributed revenue of $1.2m from $11.8m in stakes.Delaware North’s Wheeling Island Hotel-Casino-Racetrack came a distant third with revenue of $574,910.68, followed by another Delaware North property, Mardi Gras Casino and Resort ($514,775.38) and the Greenbrier ($352,147.44).The two Delaware North casinos were the only venues to launch mobile wagering during the six-month period, though their BetLucky app has been offline since March 6. Originally blamed on a service interruption, this has since been revealed to have stemmed from an infringement dispute between the operator’s sports betting technology partner Miomni Gaming and rival supplier Enterg Software Solutions.Delaware North has since terminated its sports betting contract with Miomni, and its online and land-based sportsbooks remain closed.From the week commencing December 29, 2018 to the week of March 9, 2019, the two venues generated revenue of $670,443.36 from mobile wagering. This was split almost evenly between the two properties, with Wheeling Island contributing $335,474.06 of the total, and Mardi Gras $334,969.30.Regulated sports betting generated $1.1m in taxes for West Virginia over the period, with $855,342.37 going to the state and $150,942.79 used for administrative purposes.Looking at other regulated forms of gambling in the state, regulated table games generated revenue of $75.8m from the start of the state’s 2019 financial year on July 1, 2018 to the end of March.Again, the Hollywood Casino at Charles Town led the market, with revenue of $46.9m, followed by Mountaineer Casino, with revenue of $11.1m. The state has generated taxes of $26.5m from table games for the financial year to date.Net video lottery terminal revenue, meanwhile, amounted to $353.9m for the fiscal year to March 30. This comprised $184.7m from the Charles Town facility, followed by $68.7m from Wheeling Island, and $66.5m from Mountaineer Casino. Mardi Gras lagged behind the other licensed casinos, with revenue of $34.0m.West Virginia’s gambling market is set to expand further after Governor Jim Justice allowed a bill legalising online gaming to pass into law without his signature. The bill sets a 15% gross revenue tax for licensed operators, as well as a $250,000 fee for a five-year licence. The first six months of legal sports betting in West Virginia has seen the state’s licensed operators generate revenue of $10.1m (£7.7m/€8.9m), with the Penn National Gaming-operated Hollywood Casino at Charles Town Races leading the market. WV sports betting revenue passes $10m in first six months 9th April 2019 | By contenteditor Subscribe to the iGaming newsletter Regions: US West Virginia Tags: Mobile Online Gambling OTB and Betting Shops Race Track and Racino Topics: Finance Sports betting Horse racing Email Addresslast_img read more

Blockchain: solving the industry’s ‘trust’ issues

first_img Subscribe to the iGaming newsletter Blockchain and igaming are made for each other – and the former can help the latter in one crucial area, says GanaEight Coin’s Nadia Adelstein Tech & innovation Blockchain: solving the industry’s ‘trust’ issues AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Blockchain can revolutionise the igaming industry by solving a problem that is holding it back around the world – a lack of trust.That is the view of Nadia Adelstein, CMO at G8C, a subsidiary of Ganapati PLC, which is preparing to launch its blockchain-based online casino platform and token.Adelstein believes blockchain technology offers an opportunity for the igaming industry to resolve a series of reputational and regulatory concerns. As operators and consumers are increasingly exposed to the benefits of cryptocurrencies, Adelstein suggests they will embrace the data and payments technology to the point where it becomes commonplace by the mid-2020s.“Blockchain and igaming really complement each other, and the reputation of the gambling industry can be improved by blockchain.“With igaming, there are issues with data protection, a lack of transparency and players believing the odds stacked against them are being manipulated – to name just a few. When you combine those issues, it all comes down to trust. This, however, can be solved by utilising smart contracts with everything being recorded, which is the sheer essence of blockchain technology.“It provides a new way to transfer and import data in a transparent, safe and auditable manner.” Technology lessonGanapati’s own journey towards embracing blockchain could well be a lesson in how the technology will develop in the coming years. It was founded in 2013 as a developer of smartphone applications, then entered the online casino industry in 2016. Ganapati’s G8C blockchain subsidiary is now in the middle of the development process of a B2C blockchain platform, which the company believes will transform online casino when it is completedAdelstein says, “Ganapati actually almost fell into blockchain simply by being a game developer. We kept seeing things that people within the industry were complaining about and found blockchain to be the obvious and most effective solution. We ultimately understood that the best way to resolve these issues, especially those of trust, was by implementing blockchain technology.While igaming has reputational issues in some areas, blockchain is not immune to criticism. Discussion about an alternative to traditional cash payments is invariably met with suspicion and confusion among operators and the public.The average consumer may well switch off if someone attempts to describe distributed ledger technology to them, while those in business and finance have concerns about the number of ICOs that have failed in the last couple of years. Brand-new revolutionWhile Ganapati has fully embraced the potential of blockchain, others within the gambling industry have not been so quick off the mark.“Blockchain is touted as one of the main drivers of a new industrial revolution, as was the internet in the 1990s” Adelstein adds. “Companies involved in blockchain need to get out there and educate, as blockchain has such potential for igaming. If the industry can be convinced about blockchain’s potential, it can then be offered widely which, in turn, will address many of igaming’s problems.“At the moment, blockchain in the igaming industry is relatively unknown. However, people are beginning to realise just how important it could be in revolutionising the industry.“That’s true in other industries, as seen in corporate giants such as Shell and JP Morgan, who are wanting to get ahead. But in the gambling industry, it’s more the upcoming and mid-level companies that are trying to push things along. Maybe it’s because the larger gambling operators feel they don’t need to take risks with blockchain at the moment – but that attitude’s sure to change. As Steve Jobs famously said, ‘If you want to know what will happen in five years, don’t look at the mainstream, look at the fringe.” Dual interestWith major offices in Malta, Ganapati embraces a dual interest of igaming and blockchain. The island, which is such a hub for the European gaming industry, became the first jurisdiction to regulate DLT operations when it passed three blockchain-enabling bills into law last July.As officials continue to develop rules around the guiding framework, the fact that a major igaming jurisdiction is attempting to bring order to blockchain is a cause for optimism for Adelstein.“The fact that Malta has sought to regulate the sector is hugely important to us. It gives confidence in the future direction of blockchain and will influence people looking in from the outside to see that this sector has great potential.“Places like Singapore, Switzerland and the UAE are also trying to get ahead with blockchain, which is great, but Malta’s attitude is even more appealing to us because it was also a frontrunner in regulating igaming. Malta is leading the pack and others will follow.“The biggest challenges for blockchain are the unknowns. However, with many different countries looking seriously at this sector, there will come a point where standardised rules can be adapted worldwide towards the technology.”center_img Companies: Ganapati Topics: Tech & innovation 23rd May 2019 | By Josephine Watson Email Addresslast_img read more

Flower Fortunes – Megaways by Fantasma Games

first_img Topics: Casino & games Slots Experience fast and delightful gameplay across a 6×5 reel with 5 different levels as you rise in power. Maximize your good fortune with the flower spirit who will grant a multitude of exciting features as it vibrantly evolves, as well as changing the very boundaries of the reel itself. With every spin magical orbs will appear, determining if the flower spirit is destined to grow or wither. When the flower spirit grows so does the possibilities, never stop winning with up to 531 441 Megaways™! Experience fast and delightful gameplay across a 6×5 reel with 5 different levels as you rise in power.Maximize your good fortune with the flower spirit who will grant a multitude of exciting features as it vibrantly evolves, as well as changing the very boundaries of the reel itself.With every spin magical orbs will appear, determining if the flower spirit is destined to grow or wither. When the flower spirit grows so does the possibilities, never stop winning with up to 531 441 Megaways™!You can play a demo of this slot here!You can download the First Look Games affiliate pack for this slot here! Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 11th June 2019 | By Aaron Noy Casino & games Flower Fortunes – Megaways by Fantasma Games Email Addresslast_img read more

Playtech begins expanded content roll-out across GVC brands

first_img Topics: Casino & games Tech & innovation Slots AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe LATAM UK & Ireland Southern Europe Western Europe Greece Italy Spain Belgium Brazil 26th June 2019 | By contenteditor iGaming solutions giant Playtech has successfully launched its casino content across GVC Holdings brands in a number of different markets.Following a long-term extension to the partners’ existing contract, signed in February this year, Playtech games are now available on GVC’s legacy brands in markets such as the UK, Spain, Italy and Georgia. This sees the games made available via bwin, Sportingbet, partypoker, PartyCasino, Foxy Bingo, Foxy Casino and Crystalbet.In addition, the UK-facing bwin and Sportingbet sites will also launch an exclusive casino tab populated by Playtech games, with this already available on the operator’s Ladbrokes and Coral sites.The games have also been rolled out in Belgium and Greece, where GVC’s Sportingbet and Vistabet brands are licensed. Games will go live in additional regulated markets in the second half of 2019 and into 2020.Finally, Playtech has also partnered GVC’s Betboo brand in the Brazilian market, allowing the supplier to build up its presence in Latin America, where it is already live in the Mexican and Colombian markets.“This programme of key launches represents the first stage of what we believe will be a significant, long-term partnership with GVC,” Playtech chief operating officer Shimon Akad said. “GVC’s desire to bring Playtech’s products and services to all of its customers across its portfolio of leading brands underlines Playtech’s position as the preeminent technology partner in regulated and fast-growing markets.“We have a longstanding partnership with GVC and we are pleased to see it grow. This deal is a real testament to the hard work of all our teams, especially the innovation of their content and services.”GVC co-COO Shay Segev said the latest roll-out of content showed the partnership going from strength to strength.“Playtech’s content has already proved hugely popular with our customers where it is already live and we look forward to rolling it out in further markets over the coming months,” he said. Playtech begins expanded content roll-out across GVC brands Casino & games Tags: Mobile Online Gambling Slot Machines iGaming solutions giant Playtech has successfully launched its casino content across GVC Holdings brands in a number of different markets. Subscribe to the iGaming newsletter Email Addresslast_img read more

KSA sets out details of licence application process

first_img Dutch gambling regulator De Kansspelautoriteit (KSA) has provided the terms and conditions for a licence application under the country’s new Remote Gambling Act, which include reporting a variety of the applicant’s policies and details of how its “cooling off” requirements will be applied. The KSA said that a licence would be granted without any doubts if an operator had not recently offered online games to the Dutch market and if there were “no other reasons to doubt [the operator’s] reliability.” In determining if an operator had offered games in the Netherlands, it would examine whether – in the previous 32 months – they offered games on .NL websites, their site or parts of it were in Dutch, they advertised in Dutch media or their site contained words, imagery or concepts typical of the Netherlands. KSA sets out details of licence application process AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The regulator added that there was not a clear guideline for how many offences would see a licence application rejected, but more numerous or more recent offences would make rejection more likely. Licensing In order to receive a licence, an operator must provide its policies on a series of different issues. Among these is its marketing policy, where the licensee must show “what measures the applicant has taken to prevent aggressive advertising”, as well as measures to prevent misleading advertisements or ads that lead to excessive gambling. The KSA also cited “the non-payment or late payment of fines” or tax as a “serious” issue which may be uncovered in the integrity assessment, along with providing false information on the application.  Email Address It pointed out here that the burden of proof here is on the balance of probabilities, rather than beyond reasonable doubt, so the KSA could find an operator to be committing an offense even if a court did not. As mentioned in the Remote Gambling Act, all licensees must be connected to self-exclusion tool Cruks. Last week, the Dutch government submitted information about the mechanisms behind Cruks to the European Commission. Applicants are required to produce their addiction prevention policy as well, which must include advice from addiction experts and reasons if at any point it deviates from this advice. Applicants must complete a form that will be available on the KSA website, indicating what type of games they are applying for a licence to offer. The tasks which are outsourced to contractors must also be revealed and a risk assessment must be conducted for a potential licensee’s outsourcing policy. Potential licensees must also prove that they keep player funds separate to other funds, and that these funds are guaranteed either through insurance or in a trust. The application will also be sent to the KSA’s Management Board for an integrity assessment. This assessment will look into whether the license “will also be used for criminal offenses” as well as conducting background checks on those involved with the application.  The Remote Gambling Act is set to come into force on 1 March, 2021, with the online gambling market to then launch on 1 September. Originally, launch was scheduled for July 2020, but it was delayed to 1 January in November 2019, before another delay because of the novel coronavirus (COvid-19) crisis. Subscribe to the iGaming newsletter In addition, license applicants must produce a payment policy document that “provides insight” into the payment methods they will accept.  Tags: Kansspelautoriteit KSA Similarly, anti-money laundering and customer due diligence policies must be shown, which must include the method of conducting a source of funds investigation, as well as how unusual transactions are reported. Last week, as well as details around Cruks, the KSA launched a consultation on the country’s new player protection rules. These rules included a ban on offering timed bonuses and a requirement for operators to conduct risk analysis of all their games. Topics: Legal & compliance Online casino Licensing Regulation Applicants must also produce an audited account statement form the last 30 days, as well as offering a €50,000 security payment. Regions: Europe Western Europe Netherlands 30th October 2020 | By Daniel O’Boyle Operators will also have to prove that their integrity policies are robust by showing how their integrity policies are implemented and applied.last_img read more

i3 Interactive completes acquisition of Indian poker operator

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter i3 India Holdings now holds a 99.4% ownership stake in the Indian entity, but this will be reduced following a reorganisation of the business, as set out under the original agreement. i3 Interactive completes acquisition of Indian poker operator Industry supplier i3 Interactive has completed its acquisition of a controlling interest in an unnamed Indian entity that owns and operates an online poker brand in the county. Subscribe to the iGaming newsletter Topics: Online casino Poker B.C. Corp. and Subco have now joined together as a combined corporate business with the operation running as a subsidiary of i3 Interactive as i3 India Holdings Corp. Tags: i3 Interactive Poker Further details of the online poker brand were not disclosed, but it was revealed that the operator has over 1m registrations and 100,000 active users. The brand is active on a global basis and has users in a number of countries.center_img First announced in August, the agreement was completed by a trio of entities, involving a private British Columbia corporation (B.C. Corp.) and a subsidiary of the Canadian business (Subco) alongside i3. 16th December 2020 | By Robert Fletcher “This acquisition is a significant step forward in executing on our strategy to identify and pursue growth in strategic markets. The Indian poker operation creates an immediate additional stream of recurring revenues from a loyal customer base in an established international market for the poker business.” Following this reorganisation, i3 India Holdings’ ownership interest in the Indian entity will be lowered to 86.1% and, assuming the Indian entity satisfies funding obligations, the entity’s ownership interest in the operating entity will reduce to 64.6%. Email Address “With the historical and projected growth of poker in India, i3 Interactive has strategically positioned itself within a key market in order to deliver strong performance and return on shareholder value,” Neville said. Regions: Asia India i3 Interactive chief executive Chris Neville will lead the combined business as sole director and officer.last_img read more

Genius Sports signs with new US motorsport series SRX

first_img“We see the way the industry is trending with respect to new forms of technology and sports-gaming,” SRX co-founder Sandy Montag said. Sports betting North American motorsport series Superstar Racing Experience (SRX) has signed up Genius Sports to become its exclusive data partnership ahead of its inaugural season. Subscribe to the iGaming newsletter SRX is expected to launch its inaugural season in June 2021 with six races scheduled for broadcast on CBS Television Network, and is expected to feature prominent drivers, including NASCAR Hall of Famer Tony Stewart. Regions: US 1st February 2021 | By Richard Mulligan Tags: Genius Sports Group Data Motorsportcenter_img Genius Sports signs with new US motorsport series SRX Topics: Sports betting Read the full story on iGB North America. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Genius will utilise SRX’s official data feed to power a wide range of in-play betting markets, as the series seeks to launch its first official betting platform. Email Addresslast_img read more