Monthly Archives: December 2017

Gaming professionals come together at inaugural World Gaming Expo

Monaco, a place renowned for its prestige and casinos, is gearing up to host the first edition of World Gaming Expo (WGE).

WGE 2017 will take place from Dec. 6 to 8, 2017, at the Grimaldi Forum Monaco and promises to provide the perfect platform where major players of the gaming industry—from equipment manufacturers to gaming machine and software developers, and even casino representatives from all over the world—can present their innovative solutions to a large audience at the heart of Europe.

Gaming is an important part of Monaco’s and the French Riviera’s economy: Monaco is host to four casinos, while about 20 casinos are scattered in the French Riviera cities. As one of the top luxury destinations in the world, Monaco is the best place for gaming industry leaders, producers and regulators to share their experiences of the emerging markets, while also mapping new strategies and approaches to succeed in the industry.

Over a dozen of gaming industry leaders are set to speak at the three-day conference, including OulalaGames CEO and co-founder Valery Bollier, who will discuss how products like daily fantasy sports, eSports, monetized video games and virtual reality can fit the needs of millennials.

Amax Holdings strikes 3-year deal to operate Genting Crown Casino VIP room

Hong Kong-listed gaming investor Amax International Holdings has finally named the Cambodian gaming venue that houses the VIP room that the erstwhile casino junket company will operate.

In a filing, Amax announced that its wholly owned subsidiary Victor Mind Global Ltd. has signed a three-year license agreement with Crown Resorts Co. Ltd. for the exploration of a VIP room in the Southeast Asian country.

Under the deal, Crown Resorts has agreed to rent the Target VIP room in the Genting Crown Casino in Poipet starting Dec. 1.

Amax will outsource the operation of the VIP room’s 13 VIP baccarat gaming tables to an undisclosed third-party junket operator, which the company described as “one of the top junkets” at its now-defunct Greek Mythology Casino. The junket operator also runs VIP rooms at Sands in Singapore and Imperial Pacific Resort Hotel in Saipan, according to the filing.

VIP, premium mass drive Macau’s gaming revenue up 23% in November

November marks the 16th consecutive month of growth for the world’s gambling hub of Macau.

Casino gross gaming revenue (GGR) in the city state grew 22.6 percent year-on-year in November to reach MOP23 billion (US$2.9 billion), according to data released by the Gaming Inspection and Coordination Bureau (DICJ). The November GGR result beat analysts’ growth estimates of 19 percent.

The latest figures brings Macau’s market tally for the first 11 months of 2017 to MOP243.04 billion, up 19.5 percent compared to the same period last year, government data showed. The 11-month total has also surpassed the MOP223.2 billion GGR that the city state’s casinos recorded for the full 2016.

High end visitors—VIPs and premium mass—are driving Macau’s growth, according to analysts who have observed “higher quality visitors replacing lower quality visitors” in the gambling hub.

Japan pushes for speedy passage of gambling addiction bill

Japan’s ruling coalition is pressing legislators to approve a gambling addiction bill before they head home for their winter break.

On Friday, Prime Minister Shinzo Abe’s ruling Liberal Democratic Party (LDP) and its coalition partner Komeito reintroduced a bill aimed to mitigate the potential social harms that could arise from the country’s plans to authorize casino gambling for the first time.

Japan passed casino enabling legislation in December 2016, setting up the need to pass the so-called Integrated Resorts (IR) Implementation bill sometime next year. A previous version of the gambling addiction bill, which is viewed as a necessary precursor to the IR bill’s passage, was submitted this summer but died on the order paper after Abe’s snap election call.

The bicameral Diet is scheduled to wrap up its 2017 affairs on December 9, but the LDP/Komeito faction hopes to get an assist from the Nippon Ishin no Kai party in the House of Representatives and get the gambling addiction bill to the floor for a vote before legislators head for the exits.

Videoslots’ Christmas Calendar kicks off festive countdown

1st December, 2017 – The countdown to Christmas has officially begun at leading casino operator Videoslots.com, with its Christmas Calendar promotional campaign starting today.

In the run up to Christmas Day, Videoslots will offer its players various rewards each day, which can be won by completing a certain number of spins on that day’s featured title.

The generous rewards will be kept hidden from the player until they’ve fulfilled the requirements, but they’ll include a mix of Free Spins, Weekend Boosters, and Casino Race Multipliers.

The campaign period will run from 1st December until Christmas Day, which will be celebrated with Red Tiger Gaming’s Jingle Bells slot.

ReelNRG awarded UK licence by the UK Gambling Commission

London, 1 December 2017:  Casino game development company ReelNRG has been awarded a licence by the UK Gambling Commission.

Headquartered in London, the fast-growing industry provider will now be able to supply its games, under the terms of a remote software licence, to UK players through their partnered operators.

Having expanded its commercial footprint significantly in recent months, ReelNRG will continue to roll out its exciting catalogue of games with a growing number of platform and operating partners.

Calvin Kent, CEO of ReelNRG, said: “It is a hugely significant milestone for ReelNRG to be granted a licence by the UKGC, as we continue to build on our engaging portfolio of slot games.

Breakout Gaming Group launches new dedicated poker site on GG Network

In addition to all major fiat currencies, BreakoutPoker.com, a member of the GG Poker Network, will accept the BRK cryptocurrency for player transactions

1 December, 2017 – San Jose, Costa Rica: The Breakout Gaming Group has announced the launch of its new online poker site, BreakoutPoker.com.

Building on the success of its newly-released Breakout Casino, the Group has completed the development of the new poker site, a member of top-ranked GG Network, providing Breakout members with a premier poker destination available in most global markets.

Breakout Poker is the first online poker site to accept the BRK Coin as a deposit and withdrawal currency, in addition to Bitcoin and USD. Within several months the site will add BRK denominated tables and dual cashier balances, providing players the ability to play at any table with seamless currency conversion. The BRK Coin currently trades on several online exchanges including Bittrex.com.

John McAfee and other keynote speakers will attend the First Blockchain cruise in Asia

Blockchain Cruise Asia will feature global investors, government officials, cryptocurrency experts and business leaders such as John McAfee and Andrew ‘Flip’ Filipowski.

Blockchain Cruise Asia will take place January 15th through 19th, 2018, departing from Singapore to Phuket (Thailand) via Penang Island (Malaysia) and will be held on one of the Royal Caribbean’s Mariner of the Seas. In terms of its format, Blockchain Cruise Asia 2.0 has no equal anywhere in the world.

The organizers of the annual blockchain cruise – CoinsBank announced: within four days the most discussed topics on the ship will be about the development of blockchain technology, trends of cryptocurrencies, regulation, investments, security and ICO. Thе event will feature some key industry professionals as well as relevant government authorities and attorneys.

Blockchain Cruise Asia is a mecca for FinTech and Blockchain specialists, uniting over 50 of the industry’s top influencers and will be covered by many different media outlets from print to streaming to major television networks. The event also expects to have over 700 industry professionals in attendance which will provide valuable networking.

SoftSwiss now offering Malta licensed White Label solutions

Another milestone for SoftSwiss was reached this November when the company was awarded the Malta Remote Gaming License.

Ever since 2014 gaming software provider SoftSwiss has been offering a service of launching a White Label casino under the aegis of Curacao, by far the most popular online gambling jurisdiction. Over the years SoftSwiss has seen a dramatic increase in the number of highly successful projects operating under the White Label model.

In light of this the logical next step was expanding to the jurisdiction of Malta. After extensive due diligence checks and a rigorous technical audit of the software, the Malta Gaming Authority issued a Class 1 on 4 gaming license to N1 Interactive Limited, a Malta corporation within SoftSwiss group of companies.

This achievement marks a major milestone for SoftSwiss, with the main goal of providing casino operators powered by the company’s platform with broader access to the European markets under the reputable banner of MGA.

Preparing for glory at the 2018 World Cup

This is a guest contribution by Martin de Knijff of Metric Gaming. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.

This Friday the Fifa World Cup draw takes place in Moscow ahead of the greatest sporting show on Earth.

For football fans who love the quadrennial fiesta, six months of waiting until the tournament’s opening games in June might seem like a lifetime. Although many of us may be able to conjure up memories of Diego Maradona swooning past England’s defence and great Brazilian teams, the betting industry perhaps has a less romanticised view of the tournament. With the 64 games offering an opportunity for record turnover and double-digit jumps in revenue in the second and third quarters, all of a sudden six months does not seem long enough.

Just as the coaches leading their teams in Russia will have very clear plans for the final stages of their build up and then the tournament itself, betting companies that want to maximise their performance in June and July should also be on top of their preparations.

ONE Championship strengthens leadership team

01 December 2017 – Singapore: The largest global sports media property in Asian history, ONE Championship™ (ONE), has just announced the addition of three new leaders to its senior management team. Hua Fung Teh is named Chief Financial Officer, Mahesh Subramanian is named Chief Technology Officer, and Souvik Dutta is named Vice President of Engineering. The senior leaders have joined ONE Championship to help lead the organization in critical areas for 2018 and beyond.

Chatri Sityodtong, Chairman and CEO of ONE Championship, stated: “I am pleased to announce the addition of three new leaders for ONE Championship in Hua Fung Teh, Mahesh Subramanian, and Souvik Dutta. These senior executives will add significant leadership strength to ONE Championship, and will allow us to continue to scale across Asia.”

With global domain expertise in finance and sports, Hua Fung Teh will join as Chief Financial Officer of ONE Championship in January 2018. Teh is currently a Principal at leading global private equity firm TPG Capital, where he is a senior member of the Southeast Asia investment team based in Singapore. In his six years at TPG he has also served on the China and US teams. Prior to TPG, Teh held various leadership positions in the Republic of Singapore Air Force and Singapore’s Ministry of Trade and Industry. Teh was a key member of the team that brought Formula One to Singapore, organizing the first night race in Formula One history in a groundbreaking initiative by the Singapore Government. A graduate of the Massachusetts Institute of Technology (MIT) and Harvard Business School, Hua Fung serves on the Board of Commissioners of BUMA in Indonesia. He also sits on the Steering Committee of the Milken Institute Young Leaders Circle (Asia), and is a member of The Forum of Young Global Leaders at the World Economic Forum. As CFO, Teh will be responsible for all areas of finance, accounting, HR and corporate development, including oversight of key strategic projects and partnerships.

Mahesh Subramanian joins as Chief Technology Officer of ONE Championship. Subramanian brings over 20 years of experience in the technology industry with Intel, Siemens, Marvell, and Lucent Technologies to Asia’s largest global sports media property. Subramanian has over 10 years of mobile video streaming experience, including with startups such as StrmEasy and Touchfone Technology in the micro social and mobile content delivery space. Subramanian will oversee all aspects of ONE Championship’s technology and infrastructure, including mobile, OTT, data and technology asset management, network architecture, support, and more.

Affiliate Insider to boost growth and development in the affiliate sector

SBC Global and Best Odds Marketing have joined forces to launch Affiliate Insider, a joint venture designed to spearhead growth and development in the gambling affiliate sector.

SBC Global, a leading news and events company for the sports betting industry, will work with Best Odds Marketing and AffiliateFEST Founder Lee-Ann Johnstone, to operate a brand new affiliate news, training and events focused business.

Increased regulatory responsibilities and levels of compliance have been placed on affiliates and operators in the iGaming industry, which has seen a number of major operators implementing a ‘one strike and out’ policy for their marketing partners. This demonstrates a need for the affiliate sector to improve skills and business development in order to support acquisition growth.

Combined with a growing wave of consolidation, there has been a lot of change in a small period of time, meaning affiliate businesses have had to adapt very quickly.

BetterBetting launches pre-ICO for BETR, the betting currency of the future

Bitcoin Press Release: Estonia-based BetterBetting launch their BETR platform, with details offered of their ICO which launches in December. The BETR platform will change the way we interact with P2P sports betting.

Tallinn, Estonia -Revolutionary new decentralised sports betting marketplace, Better Betting Foundation are to debut their BETR coin, with the goal of establishing a global betting liquidity pool. BetterBetting Foundation, a software systems enabler for sports betting on the blockchain, has launched its pre- Initial Coin Offering (ICO) sale ahead of its ICO in December.

The token sale introduces investors to BETR, a market changing betting cryptocurrency that will lay the foundations of the first truly decentralised peer-to-peer sports betting platform on the internet.

Supported and advised by a number of industry specialists, BetterBetting will introduce a revolutionary twist on the betting exchange model, completely eradicating the middle man from the equation. All bets will be stored on the blockchain, providing full transparency and provable fairness on all transactions, thereby eliminating all human or business activity between the two betting parties.

Enjoy festive fun in Pragmatic Play’s Santa

Saint Nick lights up the reels in merry new video slot release

Pragmatic Play, the multi-award-winning slot developer, has announced the launch of Santa, an exciting new video slot arriving just in time for Christmas.

The provider’s latest release sees the titular Saint Nick spread festive cheer across the reels of the seasonal 3×5 slot, set against the backdrop of a snow-shrouded pine forest.

The game blends a classic Christmas theme with unique features, complementing a jolly soundtrack with symbols like the candy cane, elf and red-nosed reindeer.

All aboard the Orient Express in Yggdrasil’s latest slot

Yggdrasil Gaming transports players on the trip of a lifetime in its latest slot Orient Express.

Passengers will start their luxurious journey in Paris, as they look to spin their way to Istanbul, stopping at Venice and Belgrade on the way.

Players will be immersed in the heart of each city on the way, with each stop providing its own background, free spins and unique features, including Walking Wilds, Win Multipliers, Wild Reels and Random Wilds.

Reaching the final destination, magnificent Istanbul, unlocks all the previous cities and allows players to pick their favourite destination after each Free Spins round, delivering a diverse gaming experience suited to the individual’s preferences.