Yabo Sports signs regional deal with Hertha Berlin

first_img Betting company Yabo Sports has entered a regional partnership with German Bundesliga football club Hertha Berlin Email Address Topics: Marketing & affiliates Sports betting 18th May 2018 | By contenteditor Marketing & affiliates Tags: Online Gambling Betting company Yabo Sports has entered a regional partnership with German Bundesliga football club Hertha Berlin. Yabo Sports will serve as the official and exclusive betting partner of Hertha in Asia throughout the 2018-19 and 2019-20 seasons. The company will benefit from a branding presence on LED advertising boards inside the team’s Olympiastadion Berlin home stadium, as well as on the club’s various social media platforms in both Asia and Europe. The Lagardère Sports agency brokered the deal on behalf of Hertha Berlin. “Yabo Sports is proud to become Hertha BSC’s exclusive betting partner in Asia, with the aim to enhance brand value and regional influence together with the club,” Yabo Sports chief executive Sunny Xu said. “Looking ahead, we will devote ourselves to provide users with more quality sports games in the region, as well as more exciting Hertha BSC content in partnership with the club.” Ingo Schiller, chief executive at Hertha Berlin, added: “Yabo Sports is our first regional exclusive partner in Asia, which is a strategically important market for us. “Looking forward to a long and successful partnership with Yabo Sports, we will continue to drive Hertha BSC’s internationalisation strategy hand in hand forward.”Related article: Lotto scores extension with Hertha Berlin Subscribe to the iGaming newsletter Regions: Asia Europe Central and Eastern Europe Germany AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Yabo Sports signs regional deal with Hertha Berlinlast_img read more

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SafeCharge puts its money on Italy’s future

first_img Regions: Europe Southern Europe Italy Email Address SafeCharge is confident about the future of Italian gambling after bolstering its position in the market through a deal with leading operator Snaitech.The payments technology company has been working with Sisal in Italy for two years, and its SafeCharge Payments Engine will now integrate Snaitech’s entire end-to-end payment processing infrastructure.The deal comes just as Italy introduces its gambling advertising ban, a move seen by some as an indication that the government will attempt to constrain the burgeoning gaming market.However, SafeCharge COO Yuval Ziv (pictured) is convinced the future is bright for Italian gaming thanks to its “comprehensive” structure, and believes his company’s high standards of compliance and reliability can help maintain trust in the sector.“We do not see any significant pressure generated by the upcoming regulation specifically,” he said.“We believe the Italian igaming legislation is the most comprehensive and robust across Europe and we see a great opportunity for our technology to assist many new and established brands in driving conversion rates and improving the customer experience.“Having developed an unrivalled track record working with merchants within complex and regulatory-heavy markets such as gaming and financial services, we believe there is a real opportunity for SafeCharge to provide flexible solutions and an innovative approach for merchants looking to comply to the toughest regulatory environments.”Snaitech believes its players will welcome the opportunity to embrace a variety of preferred payment methods, including Visa and Mastercard schemes and a variety of Italy’s most popular e-wallets including PayPal. Users can also access SafeCharge Cashier, a fully-optimised payment system enabling secure deposit and withdrawal of funds.With Sisal and Snai jointly owning around 15% of Italy’s online casino market and 18% of betting, SafeCharge believes it is in prime position to attract further like-minded partners.“Italy is a strategic market for us, particularly for gaming, travel and retail/e-commerce,” Ziv said. “We found that innovation, performance and business optimisation are the key main drivers necessary to further stimulate this digital revolution and our development team is quickly fulfilling the requests of some of the most demanding customers in the region.“As more customers realise the benefits of implementing a flexible, robust and open payments technology infrastructure, SafeCharge will keep on growing steadily.” 20th July 2018 | By contenteditor Subscribe to the iGaming newsletter Finance Topics: Finance Tags: Payments AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Payments leader says its business as usual as it partners with Snaitech SafeCharge puts its money on Italy’s futurelast_img read more

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NHL chief wants league to benefit from betting

first_img Commissioner Gary Bettman calls for “negotiation” over assets after NBA’s MGM deal Subscribe to the iGaming newsletter Topics: Marketing & affiliates Sports betting Marketing & affiliates The NHL ice hockey league could seek partnerships with gambling companies in order to take advantage of the expanding regulated sport betting market in the US. Earlier this week, basketball’s NBA became the first professional sports league in North America to strike up an official relationship with a gambling company. The NBA signed MGM Resorts International as its first official gaming partner in a deal that also covers the WNBA women’s league. The deal has seemingly had an impact on NHL commissioner Gary Bettman, whose league was initially opposed to extending sports betting in ice hockey over fear of integrity issues. The NHL, along with the NBA, National Football League (NFL) and Major League Baseball (MLB), had sought to block the expansion. However, following the Supreme Court ruling on PASPA in May, this has opened up the market, with many states now looking to legalise sports betting.Speaking on PodcastOne Sports Now, Bettman that the league intends to speak with any entity seeking to conduct gambling business using the intellectual property, data or game video from the league. “We’ve historically been opposed to extending sports betting on our game, and emotionally I don’t think that’s changed,” Bettman said. “It is a fact of life that in light of the Supreme Court’s ruling… it’ll be up to states to decide whether or not they’re going to enact sports betting.”Bettman added that he believes his league should benefit from bets being made on its games.He added: “From our standpoint, we believe that, whether it’s our intellectual property, our data, whether its video of our game, we have important assets and if somebody is going to avail themselves or want to avail themselves of those assets in order to conduct their business, then we’re going to need to have a negotiation.” Today (Friday), betting operator William Hill, which is already active in a number of states, said it has agreements in place with 11 casinos in Mississippi and a casino in West Virginia, with talks ongoing with operators spread across a further 14 US states. 3rd August 2018 | By contenteditor NHL chief wants league to benefit from betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

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Blockchain 2.0

first_img With regulators set to clamp down on the ICO gravy train, Hannah Gannagé-Stewart looks at other ways that gaming businesses are assimilating blockchain technology.There’s no doubt that initial coin offerings (ICO) split opinion. While many igaming businesses have used them to raise muchneeded start-up funds, critics in the industry regard them as little more than a pyramid scheme.Despite the bad rep, ICOs have come to characterise the crypto and blockchain phenomenon over the past few years. But they’re not the whole story and as lessons are learnt and the regulators move in, some businesses looking to experiment with blockchain are taking a different tack.KamaGames is one such business. The social casino started researching crypto and blockchain back in 2011 but only went live with its token sale in August. Chief executive Andrey Kuznetsov (pictured) says while an ICO wasn’t always off the table, in the end it presented too much of a risk for too little reward.“ICOs are associated with some legal challenges. Beyond the legal risk, this can be a huge PR risk for an existing company that values its name and products and has a reputation,” he explains.Instead, KamaGames opted to run a token sale. For a limited time its customers, and latterly the general public, are able to buy tokens, which they can then exchange for chips to play at KamaGames online.The campaign not only tests the appetite of Kama’s customers for crypto, but also encourages acquisition of new players and retention of existing ones with a number of incentives.Holding onto the tokens brings rewards, in the form of bonus chips for the duration that you hold the token and a growth in the exchange rate. The casino guarantees an increase of 25% each month during the first 36 months.The idea is that punters hold onto their tokens and cash their chips out gradually, thus avoiding inflation in the customer economy. The introduction of a variety of player vs environment (P2E) games has also been planned to assist in this aim, with slots the key to bringing chips out of the customer economy and back into the house.Kuznetsov’s cautious approach to crypto is designed as a learning curve. Depending on the results of the token sale, he says the business may consider a security token offering (STO) in future.STOs bear more resemblance to a traditional IPO; regulated in the US by the Securities and Exchange Commission (SEC), they treat the purchase of tokens as a secured investment, similar to shares.“We’ve been thinking about private placement for a number of years,” Kuznetsov explains. “We still haven’t decided but we have been looking at STOs, so this campaign is testing the water.”Unlike KamaGames, crypto casino FunFair opted to take the plunge with an ICO relatively early on. In June 2017, it raised $10m in ethereum, as well as more than $10m in other currencies and private institutional investment in the space of just four hours.FunFair founder Jez San knew he was taking a risk but was undeterred by the prospect of being a crypto pioneer. FunFair aims to corner the crypto casino market, appealing to punters not only on the basis that they can use crypto to gamble but that a blockchain-based platform offers superior security and fairness to players.FunFair’s business strategy and marketing consultant Stefan Kovach argues that, while the casino can’t claim to function on a totally trustless, or decentralised, basis, it is closer to that end of the spectrum than conventional casinos.A completely trustless ecosystem removes any middlemen within whom trust has to be placed to make a transaction. In the case of blockchain, it means that crytocurrency can be passed from one individual directly to another, without any banking or transactional intermediaries at all.FunFair isn’t able to operate as completely trustless, but the casino’s ethos is that by operating on a blockchain they can make all transactions ‘provably fair’ and in doing so build their players’ confidence in the brand.“As a provider, we promise that every spin of a wheel or roll of a die is fair and you have a ‘provably fair’ button,” says Kovach. “It’s a bit like Intel in that no one really knows how a processor works but you know it makes your computer a bit quicker and you’re happy to spend £300 more on it”.As a first mover in the crypto casino market, FunFair may succeed in creating brand loyalty through its crypto USP. Kovach says many of the casino’s ‘community’ are early crypto investors themselves; they are blockchain natives. It is harder to know at this stage whether crypto in and of itself will have mass appeal.On top of that, if truly taking the middleman out of the picture is what modern punters are looking for, then being only partially trustless seems at odds with the concept. But some tech companies are working on ways to do it.Professor of health and life sciences at Surrey School of Law Ryan Abbott highlighted the opportunities for entirely trustless gambling in his presentation at iGB Live! in July. Abbott suggested that decentralised prediction markets (DPM) could be the future for igaming.“Instead of going to William Hill and betting on the outcome of the World Cup, you find another bettor or gamer and make the bet directly with them on the blockchain,” he explains. Unlike existing prediction markets, which have been in operation for some time, DPM removes the middleman or trusted intermediary completely and makes the process totally peer-to-peer.Abbott outlines several benefits to this model: no single entity governs the market, all transactions are transparent on a blockchain, and anybody can participate pseudonymously to either open a new market or place bets in an existing one.These may be benefits for the punter, but for operators used to acting as that middleman, this model is arguably less ideal. Tech companies and suppliers, however, may have an opportunity. Abbott namechecks three businesses looking to occupy this space.Hivemind uses bitcoin for its DPM and is currently in the R&D stage, while Augur, which launched this summer, and Gnosis are doing the same thing with ethereum. There is the potential for bitcoin to be used later on both platforms.Abbott says all three are examples of how distributed ledgers can fundamentally alter a gambling offering. And while operators may not be involved in the transactional side of betting on DPMs, Abbott points out that “traditional gaming companies would use them to hedge bets and to predict markets”.He is clear that this technology could pose both opportunities and threats to the existing industry and suggests now is the time to shape the future of DPMs or even obstruct them if necessary. “Regulators may be receptive to cries of foul play – in the name of consumer protection, and protection of a tax paying industry,” he says.Ultimately DPMs’ arrival on the scene could place more pressure on operators to distinguish themselves through more imaginative and innovative offerings. They will need to exceed a peer-to-peer gambling experience. Just adding crypto to their offering may not be enough. Hannah Gannagé-Stewart looks at ways to benefit from blockchain technology beyond the ICO AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Payments 13th September 2018 | By Hannah Gannage-Stewart Email Addresscenter_img Casino & games Blockchain 2.0 Subscribe to the iGaming newsletter Topics: Casino & games Tech & innovationlast_img read more

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Dwarf Mine by Yggdrasil

first_img Topics: Casino & games Slots Casino & games Deep underground, hidden treasure glistens in the light of torches. Forget the pick-axe, the dwarven digger goes deeper, hungry for valuable discoveries. 25th February 2019 | By Aaron Noy You can find out more about the slot here! AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Companies: Yggdrasil Deep underground, hidden treasure glistens in the light of torches. Forget the pick-axe, the dwarven digger goes deeper, hungry for valuable discoveries.The digging machine is boosted by special crystals and can be expanded at any time using Bonus Drills. Three Bonus Drills push the machine into Free Spins Mode, while a collection of crystals brings Collection Free Spins with Super High Paying Symbols. Subscribe to the iGaming newsletter Dwarf Mine by Yggdrasil Email Addresslast_img read more

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IGT pens extension with Kansas Lottery

first_imgLottery Email Address IGT pens extension with Kansas Lottery AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 22nd March 2019 | By contenteditor Topics: Lottery Tech & innovationcenter_img Subscribe to the iGaming newsletter International Game Technology (IGT) has signed a three-year extension to its deal with the Kansas Lottery, continuing the partnership until at least 2022.Under the renewed agreement, IGT will continue to provide the Lottery with its INTELLIGEN central computer system and services to monitor electronic gaming machines throughout the state.IGT, which brokered the deal via its IGT Global Solutions Corporation subsidiary, has said the extended agreement will come into effect from December 15, 2019.“IGT’s INTELLIGEN system has helped the Kansas Lottery meet the objectives of operating our electronic gaming machines with the highest standards of integrity and security to benefit the state for the last 10 years,” Kansas Lottery acting executive director Stephen Durrell said.“We look forward to continuing our relationship over the next few years.”Jay Gendron, chief operating officer for North American lottery at IGT, added: “IGT and the Kansas Lottery have built a strong partnership since this contract began more than 10 years ago, and we’re pleased to be furthering this relationship by continuing to provide our advanced system to the nearly 5,000 electronic gaming machines in the state.”IGT also recently extended its deal with the DC Lottery in Washington DC. Also in North America, IGT earlier this month signed an extension to its partnership with Canadian provincial lottery organisation Loto-Québec. Regions: US Kansas International Game Technology (IGT) has signed a three-year extension to its deal with the Kansas Lottery, continuing the partnership until at least 2022.last_img read more

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Young adults dominate Spelpaus sign-ups

first_img Nearly half of those who have signed up to the Spelpaus.se Swedish gambling self-exclusion register are between the ages of 25 and 34 years old, national gambling regulator Spelinspektionen said today (May 31).In revealing that the number of individuals who have been added to the register has surpassed 35,000, the watchdog said that 40% of those who had self-excluded fitted into the age category.In May alone, more than 2,800 people signed up to the scheme, which was launched on January 1 to coincide with the launch of the country’s regulated online gambling market.The scheme enables Swedish consumers to block themselves from accessing licensed gambling services in the country and opt out of related marketing campaigns.Players are required to register with their BankID number, and are then blocked from accessing igaming sites, while operators are required to remove their details from all marketing databases.Spelpaus.se is effective across licensed online casinos, slot games and lotteries, as well as land-based services including retail stores and bingo halls, with Individuals able to self-exclude for one, three or six months, or until further notice. Spelinspektionen has previously said that most of those on the register have self-excluded for an indefinite period of time – which runs for at least one year.Gambling operators are obliged to integrate with Spelpaus.se part of their licence requirements, with the regulator warning that those who fail to do so face hefty fines and potentially having their licences revoked.A number of licensees have already been sanctioned by Spelinspektionen for failing to comply with this licence condition. Genesis Gaming and Paf Consulting were issued with fines in March after a number of consumers who had self-excluded informed the regulator they were still able to gamble on sites operated by the pair.Genesis was fined SEK4m (£329,000/€383,000/$429,000) for breaching the licence condition, despite having already been warned about its activities by the regulator. Genesis had previously said that it had integrated with the register, putting the initial issue down to a third party’s system failing to integrate with Spelpaus.se.Paf Consulting, a subsidiary of the Åland Islands-based operator, was also fined SEK100,000 for self-exclusion failures.In April, Spelinspektionen fined Aspire Global SEK3m for failing to adhere to the self-exclusion regulations.In March, the Administrative Court of Linköping ruled that Swedish gamblers cannot end self-exclusion periods early, upholding the authority of the scheme.Image: Max Pixel Topics: Legal & compliance Subscribe to the iGaming newsletter Legal & compliance Four in 10 individuals who have signed up to the Spelpaus.se gambling self-exclusion scheme in Sweden are between the ages of 25 and 34 years old, according to national gambling regulator Spelinspektionen. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Young adults dominate Spelpaus sign-ups Regions: Europe Nordics Sweden Tags: Online Gambling 31st May 2019 | By contenteditor Email Addresslast_img read more

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Camelot launches phase two of retail RG training drive

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Lottery UK National Lottery operator Camelot has launched the latest phase of its retailer training programme designed to encourage responsible gambling across its customer base.As part of the training scheme, retailers selling Camelot products will receive face-to-face training and a new leaflet, titled Supporting Healthy Play,’ which outlines some key points of the training.In addition, retailers will be trained on how to use a new Responsible Play terminal button in dealing with customers. This was first rolled out in late 2019. Retailers can press this button to print a ticket which includes details about problem gambling hotline GamCare and The National Lottery’s healthy play webpage.Camelot’s head of corporate responsibility Alison Gardner said the training programme was built around evidence-based policies and allows retailers to discreetly provide support to players.Camelot will also introduce a new sticker to be displayed on retail terminals, which will remind employees to use the “Responsible Play” button if a player asks for support.“The ‘Supporting Healthy Play’ training is based on academic research, player and retailer feedback, and in-store studies,” Gardner explained. “As part of this, retailers are trained directly by Camelot to look out for signs of problem play and understand what unhealthy play is.“Crucially, the initiative enables them to take action by discreetly providing details of where players can find support, should they need it.”Camelot has experienced a something of a turnaround in fortunes since implementing its strategic review in 2017, which has led to an uptick in sales in recent years.It has also recently rolled out a number of social responsiblity measures, including the withdrawal of £10 scratchcards as part of an effort to tackle problem gambling, from October last year.However 2020 will see Camelot face a fight to continue managing the UK National Lottery, which it has operated since its launch in 1994. The tender for the next licence looks set to be contested by a number of bidders, including Health Lottery operator Northern & Shell, Richard Branson’s Virgin Group, La Française des Jeux and Czech giant Sazka Group. UK National Lottery operator Camelot has launched the latest phase of its retailer training programme designed to encourage responsible gambling across its customer base. Topics: Lottery Strategy Regions: UK & Irelandcenter_img Email Address Camelot launches phase two of retail RG training drive 23rd January 2020 | By Daniel O’Boyle Subscribe to the iGaming newsletterlast_img read more

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Golden Ent exceeds expectations despite 69.4% Q2 revenue drop

first_img Golden Entertainment said results since reopening “have exceeded expectations”, despite a 69.4% drop in revenue to $76.0m in the three months to 30 June and losses increasing to $78.6m. Subscribe to the iGaming newsletter Tags: Slot Machines Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 7th August 2020 | By Daniel O’Boyle Email Address Golden Entertainment said results since reopening “have exceeded expectations”, despite a 69.4% drop in revenue to $76.0m in the three months to 30 June and losses increasing to $78.6m.Casinos made up $39.4m of Golden Entertainment’s revenue, down 75.2%, while distributed gaming venues, mostly consisting of other locations with slot machines, brought in $36.3m, down 59.3%Gaming was the largest source of revenue, bringing in $56.7m, but this was down 61.4%.Food and beverage revenue fell 80.9% to $10.2m while room revenue fell 83.1% to $6.0m while other revenue dropped 77.9% to $3.1m.Read more on iGB North America Golden Ent exceeds expectations despite 69.4% Q2 revenue drop Topics: Casino & games Finance Slots Regions: USlast_img read more

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FDJ to sponsor 100 amateur clubs across France

first_img Regions: Europe Western Europe France Marketing & affiliates FDJ to sponsor 100 amateur clubs across France Email Address Topics: Marketing & affiliates Sports betting ParionsSport, Française des Jeux’s (FDJ) sports betting brand, has announced 100 amateur football clubs from throughout France that it will sponsor during the coming year.The 100 clubs will receive a complete equipment supply set including around 30 kits that can be personalised with team colours and logos. The clubs will also be supported throughout the season, in particular by various dedicated activities and their information will be relayed on the ParionsSport channels.The clubs, which include men’s and women’s teams, were selected from more than 3,700 applications, with a minimum of five chosen from each region of France.The selection committee comprised Smaïl Bouabdellah, a commentator for Qatari broadcaster BeIn Sports and ParionsSport ambassador, as well as professional football players, social development body Fondaction du Football and FDJ.“Beyond FDJ’s commitments in professional sport, the group is continuing its roots in amateur football,” FDJ said. “With more than 28,000 points of sale throughout France, it is natural for ParionsSport to become a sponsor of amateur football clubs throughout France.”FDJ has supported French sport for more than 40 years and is an official partner of the Paris 2024 Olympic and Paralympic Games. It recently extended partnerships with two of France’s biggest football clubs, Olympique Lyonnais and Olympique de Marseille, and is an exclusive sports betting partner of the NBA in France in the sports betting sector, through the ParionsSport brand.FDJ last month announced a decline in wagers of 18.4% year-on-year to €6.90bn (£6.25bn/$8.11bn) during H1 due to the impact of novel coronavirus (Covid-19) lockdown. Revenue for the period was down 10.1% at €849m.It noted that until France went into lockdown on 16 March, stakes had been up 5% year-on-year, before dropping 60% over the next two months.For sports betting – for which figures were adjusted to reflect the contribution from Sporting Group, acquired in June 2019 – stakes were down 38.8% at €1.11bn, in a period where the sporting calendar was almost wiped out by Covid-19. France’s 2019-20 football season was also ended prematurely in April, with no league action to take place until September.center_img ParionsSport, Française des Jeux’s (FDJ) sports betting brand, has announced 100 amateur football clubs from throughout France that it will sponsor during the coming year. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 24th August 2020 | By contenteditor Subscribe to the iGaming newsletterlast_img read more

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