Archives 2024

Stockholm-based B2B fantasy sports and pool betting provider, Scout Gaming Group (SCOUT:FN Stockholm), has agreed a deal to provide its daily fantasy sports platform to Spanish gambling company, Luckia.

Under the terms of the agreement, Luckia will have full access to the Swedish company’s platform, which will allow its customers a complete Daily Fantasy Sports solution. It is expected to launch the offering to coincide with the 2018 FIFA World Cup scheduled to take place in Russia, Jun 14, 2018 – Jul 15, 2018.

With more than four decades of experience, the provider has upwards of 2,500 employees and is among South America and southern Europe’s leading players. The company, whose offering of products and services includes sports betting, online gambling, casinos, bingo, game rooms and slot machines in bars and restaurants, enjoys a strong market presence throughout Spain, Portugal, Columbia, Chile and Croatia.

Chief Executive officer for Scout Gaming, Andreas Ternström, said, “Luckia is among the bigger operators in for us very attractive markets. They will bring additional liquidity to our sport network was well as they will widen Scout Gaming geographical markets further. They have an extended history of providing games both in physical form and online and I’m honored that they have chosen our product,” according to the news release.

The deal with Luckia will strengthen Scout Gaming’s liquidity network, which according to the news release, is currently comprised of, or will include, Betsson, 1XBet, Nordic Leisure, Bethard, ComeOn, Go Fantasy, PAF, Starpick and Fanteam. The last four operators mentioned have gone live with Scout Gaming’s Daily Fantasy Sports product, including payment suppliers.

Also commenting on the agreement, Online Director for Luckia, Jaume Moragues, said that they are “very happy” to have reached an agreement with Scout Gaming and that they look forward to adding the fantasy game to its existing portfolio and starting a “successful business partnership with them.”

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Kiron Interactive, a renowned Virtual Sports and numbers games provider, will use the upcoming ICE London 2024 to reveal an array of its new products. Ahead of the industry’s largest event to be held from February 6 to 8, the provider announces the premiere of its flagship GOAL Premier football game set to enhance the gaming perspective and elevate the player experience.

Kiron Interactive boasts its GOAL Premier development features impeccable graphics and innovative betting options. The product will debut at the London event to offer visitors an exclusive insight into a wide range of high-end features such as the largest volume of motion-capture data ever recorded in the industry, the cast of professional football players used to bring the motions to life and more. These are made additionally realistic using video effects produced in a highly reputable studio to provide a flawless animation and an exceptionally realistic feel that will reportedly take the player experience at another level.

Complete Gaming Package:

GOAL Premier is packed with action as games are changing every two minutes to invite to the scene the most popular international teams. The action continues with a range of betting options for each game. The Kiron’s leading product has been developed using the up-to-date technology to offer an immersive graphic and sound design topped with a professional commentator’s narration to wrap up the juicy package for the ICE London 2024.

But that’s not all; it seems that the provider makes sure not to slip on the ICE London as it prepares an additional gear to rather ensure a smooth slide around the partnering booths at the upcoming event. Indeed, Kiron will also avail of the event to launch Penguin Plunge, Crab Roulette and Roach Roulette virtual games. These hybrids of roulette and virtual racing will also couple with the crash games Rodeo and Arm Wrestling to wind up a comprehensive studio’s offerings.

ICE London 2024 Presence:

Kiron Interactive will present all these developments from its stand S2-110 at ICE London 2024. The attendees may use the opportunity to preview the products and discuss the options to boost own operations with these developments .

Steven Spartinos, Kiron Co-CEO, reportedly said: “ICE has always been the industry’s showpiece event where, if you have something to shout about, then it is the place to do it. 2024 is set to be arguably Kiron’s most exciting in terms of the quality and quantity of new products. As a company, we’ve been hard at work for some time now, creating, innovating and breaking boundaries with an unprecedented number of new products that elevate the verticals we service.”

Spartinos added: ”GOAL Premier is set to revolutionise the Virtual Sports betting landscape, positioning Kiron as the leading provider and serving as the ultimate addition to operators’ portfolio. Our new Instant Win and Crash games will provide players with unique gaming experiences they won’t have seen before and are sure to love. We invite all attendees to visit us at ICE to experience our new games, and we look forward to discussing how we can contribute to enhancing player acquisition, retention, and revenue for operators.”

ElectraWorks Limited, the company that runs the operational activities on bwin.com, has been fined €350,000 ($391,532) by the Dutch regulator, Kansspelautoriteit (KSA), for offering sports betting and online casino games via the website of the GVC Holdings PLC (LSE: GVC) sports betting brand.

The regulator found that the Gibraltar-based firm had been offering sports betting, blackjack, roulette and poker to Dutch customers via bwin.com without a license.

According to a recent news report…

…the regulator’s case against ElectraWorks was reinforced by the operator’s use of a Dutch payment method, with additional evidence including use of the .nl website extension and the Dutch language.

Been there:

After in August 2016 being warned by the Advertising Standards Authority about an advertisement on its UK-licensed Bwin.com domain, in February 2018, ElectraWorks was ordered to pay a fine of £350,000 ($488,640) for repeatedly breaching advertising standards when it came to promoting ‘free bonuses’ on its websites.

Gambling landscape:

Currently, it is not possible to apply for a license to offer online gambling on the Dutch market, however, that is about to change.

First introduced in the House of Representatives in 2014, on February 19 this year, the Dutch Senate approved the Draft Bill on Remote Gambling, laying the groundwork for iGaming regulation across the Netherlands. Intent on addressing the unregulated online gambling market for Dutch customers, the legislative framework will reportedly be integrated into law via a Royal Decree.

Expected enactment:

During the annual conference of the Gaming in Holland platform in early June, René Jansen, chair of the Ksa, said that barring further delays, the regulator expects the Remote Gambling Act (Wet kansspelen op afstand) to come into effect on July 1, 2020, and for license applications to be processed from that date forward. The online gambling market will likely be open on January 1, 2021. Providers will need to comply with a range of criteria to be eligible for a license.

After his speech at the June conference, Jansen invited operators to register their interest so that the demand for licenses can be better gauged. He encouraged interested parties to fill out the forms prior to June 21.

Jansen added…

“If we know how many applications we can expect, we, as an organization, are able to make the necessary preparations. This is in our interest, but also in that of the applicants.”

He emphasized that properly managing the licensing process in the context of the new Act will be a priority in over the next two years.

Licensed operators will reportedly be subject to a 29% tax on games of chance along with a 0.25% contribution tot he addiction fund and further 1.5%  contribution will go to the Gaming Authority on the gross revenue from the games.

Expressed interest:

The Dutch gambling regulator announced in June that 183 operators had registered their interest in obtaining an online gambling license in the Netherlands. And while the names of the prospective license applicants were not disclosed by the Netherlands Gambling Authority, the body did reveal..

• Nearly half (89) of the interested companies are based outside of the country in northwestern Europe.
• 83 of the companies already hold a foreign online gambling license
• 74 prospective licensees currently offer land-based gambling services

Program Manager for Remote Gambling at the Netherlands Gambling Authority, Amida Michael, said at the time…

‘We received more than 180 registrations in total. This figure can be divided into three more or less equal parts. One third already has experience in offering online games of chance, because they presently hold a licence abroad, for instance. Another third currently offers physical games of chance in the Netherlands, combined with some online experience abroad. The final third or so consists of small enterprises and self-employed people. Our expectation is that most of the latter group will not be able to comply with the stringent licence conditions. In our opinion, the Dutch situation is comparable to Sweden, where around 160 companies showed an initial interest in obtaining a licence and about 90 licences were ultimately issued.’

Simbat fines:

In June, the Dutch regulator also fined online casino game provider, Simbat Entertainment Systems Ltd and associated affiliate Spinity, with fines of €270,000 and €100,000, respectively, having reportedly found that games of chance had been offered by Simbat through at least 11 separate websites, with Spinity reportedly acting as a “promotional agent.” Both had already been fined by the regulator in July 2017, but the regulator’s decision wasn’t published at that time due to what turned out to be an unsuccessful appeal tot he District Court in The Hague.

In an effort to see sports betting legalized in the state of New Jersey, Congressman Frank Pallone Jr. is looking to the administration of President Donald Trump. This week, Pallone sent a letter to Acting Solicitor General Jeff Wall for assistance when it comes to the United States Supreme Court hearing the appeal of the state in regards to their latest rejection of sports betting efforts.

Back in January, the Supreme Court delayed their decision on whether they would be hearing the appeal from the Third Circuit Court of Appeals. Instead of hearing the case, the court asked for the solicitor general to file a brief for the federal government.

In the letter to the solicitor general, Pallone stated that the state of New Jersey should have the same opportunity to proceed with offering sports betting as other states have been allowed. The Congressman said that the decisions by the Third Circuit have ‘usurped the power’ of the state as well as residents to share in the considerable profits that would be generated from the industry.

Pallone has continued to be a strong supporter of sports betting for the state and feels the option will help to improve casino gaming in New Jersey. Pallone along with Representative Frank LoBiondo has created measures to see New Jersey begin to offer such gambling options.

The fight for sports betting in the state has been ongoing for some time. Back in October, the horse racing industry asked the Supreme Court to change the decision made by the appeals court in August, yet another setback in the fight for sports betting.

A law signed by Governor Chris Christie in 2014 to allow sports betting was thrown out by the court due to the court ruling the law was in violation of the 1992 federal ban on sports betting, known as the Professional and Amateur Sports Protection Act, or PASPA. The 2014 law was considered to be in violation as it was not approved or regulated by the state.

The federal law from 1992 states that sports betting is not allowed in any state expect the following: Delaware, Nevada, Oregon and Montana. These states were grandfathered in when the law was created.

In their efforts to see sports betting legalized, New Jersey has faced opposition from seemingly every corner, including major professional sports leagues such as the MLB, NFL and NBA.

The state argues that the PASPA is in violation of the 10^th amendment where powers that are not expressly reserved for the federal government within the United States constitution are delegated to the states.

Pallone may be able to gain some support in the matter if President Trump’s pick for solicitor general is approved. It seems Wall may not be in support of the sports betting challenge but Noel Francisco, the nominee of Trump, could help the state in their efforts to see sports betting legalized.

Swedish online casino games developer, Play’n Go, has improved on one of its award-winning portfolio staples, Cats and Cash, which has been upgraded to provide players with an even better gaming experience.

Beginnings:

Cats and Cash is a 5-reel, 3-row slot has up to 15 paylines, with two exciting bonus features and a 96.07% RTP.  The game-show-themed video slot was originally released in 2012 and since that time has been a favorite of players. In its decision to breathe new life into the slot title, the developer has converted the game from its original Flash format to the internet’s most up to date media format, HTML5.

“sharper graphics and richer sound…”

What it all means:

The upgrade means that the game, which is among the most common category being medium variance slots, will be playable on all browsers and devices, including desktop, notebook and mobile. The change of format also improves on the game’s – graphics and sound quality – which elevates the entire gaming experience.

Cats and Cash Symbols:

The game’s symbols include diamond necklaces, gold bars, bankrolls and a variety of cats including sexy cats, nerdy cats, cool cats and ultra-rich cats. The gold bars are the most lucrative grossing 166 times for five across a full line. The Vanna-esque game show host serves as the wild symbol, which doubles all wins!

The Goldfish Bowl Scatter Symbol:  two or more Scatter Symbols on the reels and you’ve got yourself an automatic win.

What’s in it for you:

If you’ve been living under a rock for the last six years and have yet to try this purr-fectly engaging video slot, the game’s exciting bonus features include Wheel of Fortune and Pick-a-Gift.

• Wheel of Fortune bonus is triggered when you land three or more bonus wheel symbols from left to right on any active line. Players are awarded a prize when they spin the wheel and land on an orange segment that has stars on it. Keep the prize and spin again for a chance at another prize.
• Pick-a-Gift gives you plenty of chances to put some $$ in the kitty as you select from one of 10 gift boxes to win a random prize amount.

Having been the recent recipient of the coveted Slot Provider of the Year at the 2018 EGR B2B Awards; and nominated for seven, Chief Executive officer for Play’n GO, Johan Törnqvist, believes in the importance of not only maintaining the firm’s historical offerings, but also creating fresh titles for players to enjoy.

“Slot Provider of the Year is a major recognition for us as a company and it shows us, and the industry, that we are a company heading in the right direction. I believe that part of the reason that we won this award is not only because of the new innovations that we are releasing, but also because we are making sure our partners, and their players, can continue to supply and enjoy all their favourite games, past and present. It’s important to look forward, but we don’t want to leave too much behind,” explained Törnqvist.

The British gambling market has got a voluntary operator contributions to the problem gaming fund allowing operators to funnel as little as one pound to the program. The fact that some operators have literally followed the minimum voluntary contribution requirement may be one of the underlying reasons why the British government announced the consideration of a 1% levy introduction to fund research, prevention, and treatment of gambling addiction. As Reuters reports, the government expects that the measure will raise around 100 million pounds per year for these purposes.

1% Levy Introduction:

According to the government’s Department for Culture, Media and Sport (DCMS) reportedly indicating on 17 October 2023 that some operators are paying the minimum sum under the voluntary levy scheme, it seems that the introduction of a mandatory fee is designed to level the problem gambling funding schedule. As reported by Reuters, the DCMS said in a statement: “The Government is minded to set the levy as a new 1% fee on gross gambling yield for online gambling operators, while traditional betting shops and casinos will pay a proposed fee of around 0.4%.”

Government Addresses Problem Gaming:

Reuters reports that the government has already announced plans to combat problem gambling. The scope included the update of the regulatory framework to enable the British lawmakers to keep up with the proliferation of mobile gaming and online sports wagering facilities. As a part of the measure, online gamblers have been restricted to place bets within the range from 2 pounds to 15 pounds to be kept safe from the adverse gambling issues. On the other hands, the liberal policy in reference to the operator’s contributions to problem gaming funds seemed based on a belief that the impact of the issue will be negligible.

As the reports from other markets testify about the direct proportion of the number of online gambling operations and the number of individuals with gaming problem, the government, according to Reuters, said on 17 October 2023 that it would consider the design of the proposed levy for gambling operators. It seems that the introduction of the measure is no longer the question, but the way of its implementation.

The DCMS reportedly also stated that the revenues generated from the new 1% levy on gambling operations would be distributed to the  state-operated National Health Service (NHS) in England, Scotland and Wales. As reported by Reuters, the revenues generated from the voluntary levy in 2021-2022 in amount of 34.7 million pounds were allocated to the charity GambleAware and some other bodies.

”Fair Share”:

But these contributions were dependent on the operator’s good will and therefore impossible to be planned in advance. Also, the voluntary scheme affects the operators paying more to the problem gaming programs. According to Reuters, the government’s gambling minister Stuart Andrew accordingly said: “Gambling firms should always pay their fair share and this new statutory levy will ensure that they are legally required to do just that.”

The R Franco Digital iGaming technology subsidiary of Spanish gaming machine giant Recreativos Franco has announced that it has added two new games to the portfolio available via its domain at Wanabet.es.

The Madrid-headquartered firm used a short Thursday press release published by European Gaming Media and Events to detail that the Spain-licensed site had already featured in excess of 300 bingo, video slot and poker games from its own studio and the likes of prominent developers NetEnt AB, Rabcat and Microgaming.

Slot sensation:

But, R Franco Digital stated that this collection has now been further increased following the addition of its new four-reel Koleos Garden video slot, which has been designed to bring ‘players closer to home’ as they go in search of prizes in a ‘blissfully calming botanical garden thriving with natural wonder’.

Roulette revelation:

The Spanish developer explained that Wanabet.es moreover features an extensive selection of roulette games that has now been increased following its premiere of the new American Roulette title. It declared that this latest release was ‘created with American-style roulette in mind’ and combines three-dimensional graphics and ‘immersive sound effects’ with a range of ‘stunning animations’ to bring players ‘the excitement and hypnotic glamour of roulette as if they were tableside in Las Vegas’.

Read a statement from R Franco Digital…

“Both have been fully optimized for web and mobile devices as well as being developed with English and Spanish gameplay to cater for a global customer base. Launched exclusively on Wanabet.es on October 22, American Roulette and Koleos Garden will soon be available across all online casinos featuring our immersive portfolio.”