European Gaming Industry News https://europeangaming.eu/portal Daily News, Press Releases, Compliance Updates, Interviews and Event Reports Tue, 21 Jan 2020 12:10:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 140391972 Spinola Gaming to launch Premium Instant Games https://europeangaming.eu/portal/press-releases/2020/01/21/62312/spinola-gaming-to-launch-premium-instant-games/ https://europeangaming.eu/portal/press-releases/2020/01/21/62312/spinola-gaming-to-launch-premium-instant-games/#respond Tue, 21 Jan 2020 12:10:28 +0000 https://europeangaming.eu/portal/?p=62312   After the successful release of Instant Games in 2019, Spinola Gaming is launching a set of Premium Instant Games designed to bridge the gap between lotteries and online slot games. These games focus on high quality visuals, and are designed to move land-based lottery players online, opening up this untapped demographic to the world of online […]]]> Reading Time: < 1 minute

 

After the successful release of Instant Games in 2019, Spinola Gaming is launching a set of Premium Instant Games designed to bridge the gap between lotteries and online slot games.

These games focus on high quality visuals, and are designed to move land-based lottery players online, opening up this untapped demographic to the world of online casinos.

Seasoned online casino players will find familiarity in Spinola Gaming’s lottery UI, which has been designed similar to traditional online slot games, to attract slot players and convert them into lottery lovers thanks to the high value multi-million jackpots on offer.

Premium Instant Games will give players the opportunity to win jackpots of up to €250 million. All of Spinola Gaming’s jackpots are fully insured, meaning operators can offer huge jackpots to their players, without the associated pay-out risk.

Ade Repcenko, Founder and CEO of Spinola Gaming, commented: “Online casinos are always looking for ways to offer their players the biggest jackpots possible, but positioning lotteries within the current online casino offering has often been perceived a challenge. Our development of these Premium Instant Games coupled with the high-value jackpot payouts we have available, provide a smooth and seamless transition for casino players not yet accustomed to a lottery product.”

As with all Spinola Gaming products, Premium Instant Games will be available in all languages and currencies and are fully manageable and data-tracked through the industry’s most advanced and powerful back-office, Connex.

The Spinola Gaming team will be giving exclusive pre-launch demos of Premium Instant Games at ICE. Book yours by getting in touch on sales@spinolagaming.com.

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Pamunkey Tribe Proposes $350M Casino Project https://europeangaming.eu/portal/latest-news/2020/01/21/62227/pamunkey-tribe-proposes-350m-casino-project/ https://europeangaming.eu/portal/latest-news/2020/01/21/62227/pamunkey-tribe-proposes-350m-casino-project/#respond Tue, 21 Jan 2020 11:55:54 +0000 https://europeangaming.eu/portal/?p=62227   The Pamunkey Indian Tribe in Virginia has announced its plans to develop a $350 million casino resort in the state’s capital and a separate one in Norfolk. The Tribe purchased three properties in south Richmond for the development of the casino and a fourth parcel about 5 miles away to create a work-force training […]]]> Reading Time: < 1 minute

 

The Pamunkey Indian Tribe in Virginia has announced its plans to develop a $350 million casino resort in the state’s capital and a separate one in Norfolk.

The Tribe purchased three properties in south Richmond for the development of the casino and a fourth parcel about 5 miles away to create a work-force training centre that could ultimately be converted into a grocery store or health clinic, representatives for the tribe announced.

The proposed resort would include a 275-room hotel tower featuring views of the James River and the downtown skyline containing a spa, fitness centre, pool, “high-end steak and seafood restaurant,” sports bar and 1000-space parking garage, according to a statement from the tribe.

The tribe plans to build a separate casino along the Elizabeth River in Norfolk, according to an agreement signed for the purchase of 13.4 acres from the city.

The Richmond project can move forward regardless because the Pamunkeys are the only tribe in Virginia with federal gaming rights under the Indian Regulatory Gaming Act. But the Norfolk project depends on the General Assembly passing and Gov. Ralph Northam signing legislation that would allow commercial gaming in Virginia.

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Paradise Entertainment Appoints Kelcey Allison as SVP of US Operations https://europeangaming.eu/portal/latest-news/2020/01/21/62225/paradise-entertainment-appoints-kelcey-allison-as-svp-of-us-operations/ https://europeangaming.eu/portal/latest-news/2020/01/21/62225/paradise-entertainment-appoints-kelcey-allison-as-svp-of-us-operations/#respond Tue, 21 Jan 2020 11:34:33 +0000 https://europeangaming.eu/portal/?p=62225   Paradise Entertainment has appointed Kelcey Allison as Senior Vice President of Operations and Business Development for its US subsidiary. Allison, who most recently served as President and CEO for GSL Gaming Group, will be principally responsible for driving business development on slot machines and electronic table gaming machines and equipment, overseeing and leading sales […]]]> Reading Time: < 1 minute

 

Paradise Entertainment has appointed Kelcey Allison as Senior Vice President of Operations and Business Development for its US subsidiary.

Allison, who most recently served as President and CEO for GSL Gaming Group, will be principally responsible for driving business development on slot machines and electronic table gaming machines and equipment, overseeing and leading sales operations primarily in the North American gaming markets.

“I am delighted to welcome Kelcey to Paradise as his appointment marks the elevation of our customer engagement strategy for the increasing demands for our slot machines and other gaming machines and equipment in the North American gaming markets,” Jay Chun, Chairman and Managing Director of Paradise Entertainment said.

“Kelcey has a proven track record for delivering growth and deep insights into the gaming industry. I am confident that he will add significant value to our existing teams and successfully drive the execution of our Group’s expansion ambitions. We are happy to have a person of his caliber and experience joining Paradise,” Jay Chun added.

“I am very pleased to be offered this unique and challenging career opportunity with Paradise, and I am extremely excited to be working with Paradise’s leadership team in advancing the Company to its next phase of growth,” Allison said.

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Bulgarian Cabinet Backs Bill Banning Private Lottery Games https://europeangaming.eu/portal/latest-news/2020/01/21/62223/bulgarian-cabinet-backs-bill-banning-private-lottery-games/ https://europeangaming.eu/portal/latest-news/2020/01/21/62223/bulgarian-cabinet-backs-bill-banning-private-lottery-games/#respond Tue, 21 Jan 2020 11:24:14 +0000 https://europeangaming.eu/portal/?p=62223   Bulgarian Cabinet has given its backing to the gambling bill banning private lottery games. Speaking to reporters in Parliament, Finance Minister Vladislav Goranov said that Bulgaria would be imposing a state monopoly, rather than nationalise existing companies. One of the largest private lottery operators in Bulgaria, National Lottery, said in a statement on its […]]]> Reading Time: < 1 minute

 

Bulgarian Cabinet has given its backing to the gambling bill banning private lottery games.

Speaking to reporters in Parliament, Finance Minister Vladislav Goranov said that Bulgaria would be imposing a state monopoly, rather than nationalise existing companies.

One of the largest private lottery operators in Bulgaria, National Lottery, said in a statement on its site that “the nationalisation of private business is an unacceptable precedent that will lead to irreversible consequences for the state, legislative and executive branches.”

Goranov said that the change would bring increased revenue, as well as support Bulgarian sport. State lottery operator Bulgarian Sport Totalisator is required by law to pay out a significant part of its revenue to the Sports Ministry, which then allocates the money to individual sport federations.

“The market should not be growing for the sake of it, because in gambling, one’s spending is another’s revenue. We witness how with their last money, especially at petrol stations and it is staggering, people re-fuel for 10 leva and spend 20 leva on gambling,” Goranov said.

Goranov also said that he would, separately from the bill in Parliament, put forward a proposal to restructure the State Gambling Commission, after an analysis by the finance ministry showed that the gambling regulator “made contradictory decisions over the years, which shows that there are accumulated faults that must be fixed.”

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IBH Partners with EMURGO and KOBEA To Build Blockchain Business and Education for Uzbekistan Government https://europeangaming.eu/portal/press-releases/2020/01/21/62300/ibh-partners-with-emurgo-and-kobea-to-build-blockchain-business-and-education-for-uzbekistan-government/ https://europeangaming.eu/portal/press-releases/2020/01/21/62300/ibh-partners-with-emurgo-and-kobea-to-build-blockchain-business-and-education-for-uzbekistan-government/#respond Tue, 21 Jan 2020 11:20:52 +0000 https://europeangaming.eu/portal/?p=62300   Infinity Blockchain Holdings Pte. Ltd. (IBH), the official holding company of Infinity Blockchain Group of companies, announced formal agreements with National Project Management Committee (NAPM) in Uzbekistan to build strategic blockchain-based businesses and education units in the Republic. This initiative, with a primary focus on fintech digital asset and security tokens, will be a collaborative […]]]> Reading Time: 2 minutes

 

Infinity Blockchain Holdings Pte. Ltd. (IBH), the official holding company of Infinity Blockchain Group of companies, announced formal agreements with National Project Management Committee (NAPM) in Uzbekistan to build strategic blockchain-based businesses and education units in the Republic. This initiative, with a primary focus on fintech digital asset and security tokens, will be a collaborative effort together with blockchain leaders including EMURGO, and KOBEA Group Co. Ltd. (Korea Blockchain Entrepreneur Association). On top of providing technical development support, IBH will also be providing legal and advisory services to the Uzbekistan government.

According to Forbes [1], a large part of Uzbekistans are unbanked with an estimate of 5% of the population having savings accounts. Notably, in a recent report by Deloitte [2], the high costs and lack of trust towards financial institutions are amongst the top reasons to stay unbanked. Such alarming statistics have prompted an increasing number of governments to organize financial inclusion initiatives. In the case of Uzbekistan specifically, prior to this collaboration with leading global blockchain companies, the Republic’s government had fully legalized the activities of cryptocurrency exchanges nationwide since September 2018.

Mr. Hiro Enotomo, IBH’s Founder and Group CEO, concluded that “With a large population of more than 30 million, IBH is privileged to be one of the leading technology providers in delivering blockchain technologies and services to the government and people of Uzbekistan. The population as a whole is showing increasing interest in technology adoption, as such, this strategic partnership empowers IBH to support Uzbekistan in its mission to promote financial inclusion through our development, legal, and advisory services.”

As IBH, EMURGO, and KOBEA share the same philosophy to promote financial inclusion for the unbanked using the power of blockchain technology, this strategic collaboration is in line with IBH’s mission to promote “reverse-innovation” and the practical use of blockchain technology to transform the world from Asia. With this in mind, IBH seeks to create a new economic zone with technological strength and capital strength for the creation of innovation from Asia.

Shogo Ishida, Head of Central Asia of IBH and CEO of QRC HK Ltd., commented “We see the huge potential of Uzbekistan as a blockchain hub in Central Asia under the strong leadership of its government. In the past 2 years, Uzbekistan has passed a number of important laws related to blockchain technology and we, as an expert of regulatory compliance, look for further cooperation with the Republic’s government to elevate the country’s presence as a regulatory advanced nation.”

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Genting Singapore Sets Maximum US$10 Billion Investment for IR Development in Japan https://europeangaming.eu/portal/latest-news/2020/01/21/62221/genting-singapore-sets-maximum-us10-billion-investment-for-ir-development-in-japan/ https://europeangaming.eu/portal/latest-news/2020/01/21/62221/genting-singapore-sets-maximum-us10-billion-investment-for-ir-development-in-japan/#respond Tue, 21 Jan 2020 11:06:33 +0000 https://europeangaming.eu/portal/?p=62221   Genting Singapore has revealed a maximum budget of US$10 billion for integrated resort (IR) development in Japan. The figure formed part of a circular to shareholders to gain approval to proceed with “one or more bids” for the development, operation, management and ownership of an IR project in Japan. In announcing the EGM, Genting […]]]> Reading Time: 2 minutes

 

Genting Singapore has revealed a maximum budget of US$10 billion for integrated resort (IR) development in Japan.

The figure formed part of a circular to shareholders to gain approval to proceed with “one or more bids” for the development, operation, management and ownership of an IR project in Japan.

In announcing the EGM, Genting Singapore explained it is seeking shareholder approval to undertake its Japan IR project on “such terms and conditions as the Directors deem fit” and to allow the Directors authorisation to “do all such things and execute all documents as they may consider necessary or expedient to give effect to the Proposed Bid and the Company’s investment in the Japan IR project.”

However, any investment in Japan would not top US$10 billion with Genting Singapore stating it is “cognisant that, for the purposes of good corporate governance, such approval of shareholders should not be for an ‘un-capped’ amount. Hence, the Company is seeking the approval of Shareholders to submit a Proposed Bid with respect to any one prefecture or city with an investment amount not exceeding US$10 billion (approximately SG$13.6 billion.”

Genting Singapore added that, while it may submit multiple IR bids in Japan, it will not develop and operate more than one IR in Japan in the first seven years after receiving approval by the Minister of Land, Infrastructure, Transport and Tourism for its first IR.

“The Group’s strong financial position puts it in an exceptional position to develop a truly transformational project in Japan. The Japan IR investment will enable the Group to optimize its balance sheet and create attractive and sustainable returns to Shareholders in the medium and longer term, as it did with the Singapore IR (Resorts World Sentosa). The Company expects the return of the Japan IR project to be commensurate with market expectations and conditions of similar projects in the leisure, hospitality and gaming industry,” Genting Singapore said.

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NHS Mental Health Director Calls for Ban on Video Game Loot Boxes https://europeangaming.eu/portal/latest-news/2020/01/21/62219/nhs-mental-health-director-calls-for-ban-on-video-game-loot-boxes/ https://europeangaming.eu/portal/latest-news/2020/01/21/62219/nhs-mental-health-director-calls-for-ban-on-video-game-loot-boxes/#respond Tue, 21 Jan 2020 10:00:57 +0000 https://europeangaming.eu/portal/?p=62219   Claire Murdoch, mental health director of England’s National Health Service (NHS), has published a report claiming loot box games push young people into gambling. “Frankly no company should be setting kids up for addiction by teaching them to gamble on the content of these loot boxes. No firm should sell to children loot box […]]]> Reading Time: < 1 minute

 

Claire Murdoch, mental health director of England’s National Health Service (NHS), has published a report claiming loot box games push young people into gambling.

“Frankly no company should be setting kids up for addiction by teaching them to gamble on the content of these loot boxes. No firm should sell to children loot box games with this element of chance, so yes those sales should end,” Claire Murdoch said.

Loot boxes are not currently regulated by England’s Gambling Commission because their contents cannot be monetised. The report calls this a “loophole” because, “Despite this, third party websites selling gaming accounts and rare items are commonplace and easy to find on places such as eBay across the internet.”

Murdoch called on game publishers to ban games whose loot boxes encourage children to gamble, as well as to introduce spending limits, tell players the odds of receiving each item before they buy a loot box, and “Support parents by increasing their awareness on the risks of in-game spending.”

The report says, “Investigations have found numerous cases of children spending money without their parents’ knowledge, including a 16-year-old paying £2,000 on a basketball game and a 15-year-old losing £1,000 in a shooting game.”

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Playson signs content deal with No Account Casino https://europeangaming.eu/portal/press-releases/2020/01/21/62288/playson-signs-content-deal-with-no-account-casino/ https://europeangaming.eu/portal/press-releases/2020/01/21/62288/playson-signs-content-deal-with-no-account-casino/#respond Tue, 21 Jan 2020 09:52:23 +0000 https://europeangaming.eu/portal/?p=62288   Operator given access to leading provider’s portfolio  Casino software developer Playson has signed an agreement to roll out its full suite of games across No Account Casino. Owned by Mandalorian Technologies Ltd, the Nordic-facing online casino was one of the first to offer customers the opportunity to enjoy Pay n Play technology from Trustly. […]]]> Reading Time: < 1 minute

 

Operator given access to leading provider’s portfolio

 Casino software developer Playson has signed an agreement to roll out its full suite of games across No Account Casino.

Owned by Mandalorian Technologies Ltd, the Nordic-facing online casino was one of the first to offer customers the opportunity to enjoy Pay n Play technology from Trustly.

The deal gives the operator access to Playson’s entire slot portfolio including smash hits such as Solar Queen and the first title from its new Funky Fruits series, Red Chilli Wins.

No Account Casino’s presence in Finland, Germany and Sweden allows Playson to continue its expansion across Europe.

Lars Kollind, Business Development Manager at Playson, said: “We’re delighted to be going live with a highly respected operator such as No Account Casino.

“The company’s strong presence in the Nordic regions is a fantastic opportunity for us to provide our games to an ever-growing fanbase.”

Matthew Bonnici, Chief Executive Officer at Mandalorian Technologies, said: “Playson has become synonymous with high-performing popular titles and has a track-record of producing exciting content.

“We’re thrilled to be partnering with the company and look forward to offering its titles to our customers.”

 

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Push Gaming acquires GSI https://europeangaming.eu/portal/press-releases/2020/01/21/62285/push-gaming-acquires-gsi/ https://europeangaming.eu/portal/press-releases/2020/01/21/62285/push-gaming-acquires-gsi/#respond Tue, 21 Jan 2020 09:44:22 +0000 https://europeangaming.eu/portal/?p=62285   Progressive studio to drive direct distribution through acquisition of GSI Games development studio Push Gaming has agreed a deal to acquire GSI in order to scale up its delivery of products directly to its operator partners. The deal, which will see GSI join the Push Gaming team, includes industry veteran Founders Paul Evison and […]]]> Reading Time: 2 minutes

 

Progressive studio to drive direct distribution through acquisition of GSI

Games development studio Push Gaming has agreed a deal to acquire GSI in order to scale up its delivery of products directly to its operator partners.

The deal, which will see GSI join the Push Gaming team, includes industry veteran Founders Paul Evison and Paul Beattie, who have vast experience in building scalable gaming technology in regulated markets.

The acquisition of GSI, whose products include the Hive RGS and Mesh Aggregator will give Push Gaming more flexibility and control over its technology, as well as the development of platform functionality, game design and industry distribution.

James Marshall, CEO and Co-Founder at Push Gaming, said: “The acquisition of GSI is a real game changer for us and we’re confident it will help us to become a key player within the industry.

“The launch of our own platform gives us full control of our game development, delivery and operator integrations. We will now also benefit from GSI’s extensive industry knowledge and experience, as well as their fantastic technical team ”

Paul Beattie and Paul Evison, Co-Founders of GSI added: “The acquisition of GSI is the perfect way for Push Gaming to take its delivery to the next level and take on the big suppliers.

“By combining the two teams we will be able to improve all aspects of our business, from game creation and design to distribution and operator relationships. It’s an exciting time for us, and we’re looking forward to a record-breaking year ahead”

Push Gaming prides itself on creating premium, mobile-optimised HTML5 games for a wide range of partners, including the industry’s leading operators and has ambitious plans for 2020.

Its engaging catalogue of award-winning content has received multiple honours in recent times for its immersive and entertaining gameplay.

The Push Gaming team is set to showcase its full 2020 portfolio at ICE London next month. To arrange a meeting please email sales@pushgaming.com or visit Stand: N6-234

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Yggdrasil offers keys to its kingdom with new Publishing arm https://europeangaming.eu/portal/press-releases/2020/01/21/62282/yggdrasil-offers-keys-to-its-kingdom-with-new-publishing-arm/ https://europeangaming.eu/portal/press-releases/2020/01/21/62282/yggdrasil-offers-keys-to-its-kingdom-with-new-publishing-arm/#respond Tue, 21 Jan 2020 09:38:06 +0000 https://europeangaming.eu/portal/?p=62282 Strategic division will be unveiled at ICE London 2020 Yggdrasil, the innovative online gaming solutions provider, is kickstarting a new decade with the launch of its game-changing Publishing division, offering customers ‘the keys to its kingdom’ with all tools they need to build, create and offer a complete B2B gaming business. As part of its […]]]> Reading Time: 2 minutes

Strategic division will be unveiled at ICE London 2020

Yggdrasil, the innovative online gaming solutions provider, is kickstarting a new decade with the launch of its game-changing Publishing division, offering customers ‘the keys to its kingdom’ with all tools they need to build, create and offer a complete B2B gaming business.

As part of its the new strategic approach, Yggdrasil will franchise its entire business, from its current and future content portfolio and industry-leading gamification to its advanced platform technology and new GATI (Game Adaption Tools & Interface) product. This will enable partners to instantly create their own unique, end-to-end iGaming offering supported by, and in partnership with, Yggdrasil Publishing.

Future customers will be able to license any, or all elements, of Yggdrasil’s gaming eco-system with all technology, functions and content already proven after being live in the most developed iGaming markets for the last six years.

The three core value propositions for the Publishing arm will be: YG Franchise (platform IP licensing) YG Masters (game development and distribution program), and YG Game IP (game IP licensing).

Experienced industry executive Björn Krantz joined Yggdrasil in January 2020 to head up the new Publishing business and will be at ICE London between 4th to 6th February to meet both existing and potential new customers.

Björn Krantz, Head of Publishing, said: “We are really excited to showcase our new Publishing business which will give operators, studios and suppliers all the tools, tech and knowledge to take control of their content production and distribution and create unique player experiences. 

“This is a ground-breaking global licensing business that significantly changes our and the industry’s approach to content creation, publishing and distribution. In a very short space of time we have become well-known for our highly innovative online gaming content, platform and software solutions but we are now taking this to another level altogether.”

To find out more about the new Publishing division, visit stand N3-140 at ICE London 2020 between February 4th to 6th.

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