The CASEXE research department has conducted a survey among existing Internet casino operators on the topical issues of online gaming business. In total, 50 gambling companies, operating in the CIS and European countries, have participated in the research. The survey has been running during June-July 2017.
An overwhelming majority of 94% of respondents have reported on regular problems with a sphere of fraud. Most of the online gaming business owners are concerned about the number of bonus hunter. This type of fraudulent activity was indicated by 85% of the operators.
There is not less than a critical situation with a multi-accounting. According to the study, this is considered as a running second issue reported by 75% of respondents. 31% of participants have indicated financial fraud troubles, while the other type of cheating has taken more than a third – 31%.
Based on survey, 82% of online gaming business proprietors are dissatisfied with payment systems integrated into their online casino projects. Mainly, the problems of regional restricted acceptance of payments are highlighted by 72% of surveyed. Next issue is about payment delays and financial gambling operations faced by half of the operators (55%).
Over a third (34%) respondents have disclosed that online payment systems offer excessively high banking fees which are unreasonable for gambling business. 19% of the operators reported on payment software failures or delays in regular manner.
The frustration with gaming content was expressed by 45% of the respondents. The online casino vendors are complaining of the following subjects:
65% of them have noted a very frequent winning chains in online slots
29% – have reported technical content problems
44% – are unhappy with the suggested commercial terms of cooperation.
The study has also found out that a quarter of the online gaming business owners are not satisfied with the affiliates. 19% of respondents have noted similar problems with platform providers for online casinos.
The data obtained by CASEXE is another reaffirmation of the need to optimize operation for Internet gaming operators. We are focusing on those aspects that are considered as concurrent key issues for online casino owners.
CASEXE – we’re improving for your success!
How to start an online casino business: learn the latest legislative changes in global gambling industry
CASEXE suggests to find out more about important updates in gambling regulation across the world. If you know how to start an online casino business then regulatory developments will help you to choose a suitable jurisdiction for your project. Malta, Australia, Georgia and Armenia are in our following review.
Malta’s gambling regulator aims to be one step ahead of other jurisdictions by expanding opportunities for local operators and offering them more variants how to start and develop smoothly an online casino business.
One recent initiative was a legal reorganization in the country to reduce an unnecessary normative complexity for local gambling operators.
Gambling business realignment in the country includes the next terms:
- issuance of two different types of permits for B2B and B2C sectors instead of one multi-license
- optimization of taxation for operators
- tax exemption of B2B sector applicable to gambling business
- transition to automated reporting
- integration of more effective criminal and administrative justice
- improvement of sphere of consumer protection
The government approved a draft law on nationwide ban on start an online business despite of strong opposition from both local operators and gamblers.
The legislative initiative provides a right of veto over online casinos and poker rooms operation on the Internet. Key stakeholders have already informed that they are leaving the Australian gambling market due to these regulating updates.
The national parliament considers a series of legal undertakings to regulate the online gambling industry. Allegedly, the draft bills will enter into force in 2018. Therefore if you consider on how to start an online casino business in Georgia, you should have your finger on its legislative pulse from today.
New terms and conditions are to increase a license fee applicable to online gambling operators, and also to organize an obligatory registration on the players roster. The latter measure seeks to combat a gambling addiction and to prevent from recruiting minors into gambling.
Armenia’s government established a special roster for high-rollers. Gamblers playing very high stakes and spending on game more than $2 000 must to identify their personality, to keep all their receipts and transaction statements.
Stay with CASEXE and keep up with the latest gaming news around the globe – we do know how and where to start an online casino business.
CASEXE: is participating at Riga Gaming Congress 2017
The CASEXE company announced its participation in the main gambling event in Latvia – Riga Gaming Congress 2017. According to the official press release, the event to be co-sponsored by the developer.
It is reported that CASEXE will also participate in the exhibition area and will present its latest products at the A13 zone. The representatives of CASEXE are ready to meet with everybody individually and discuss the prospects and conditions of cooperation.
To book an individual appointment, leave the application on the company’s official website. Managers will contact you as soon as possible to refine the details and confirm your meeting.
Note: Riga Gaming Congress 2017 will be held on October 12 in Riga. Topical issues – online gambling, betting, eSports and fantasy sports, blockchain and Bitcoin, virtual and augmented reality technologies. The future of the gambling industry in Latvia will be a key theme of the international conference.
Webinar by CASEXE: «The White Label format in online gambling. Pros and Cons for operators»
September 15, 2017 the software developer for online gambling, CASEXE, will lead a webinar on the White Label’s ready-made solution. The company is represented by customer manager, Roman Oleynichenko.
The subject of the webinar: “White Label format in online gambling.” “Pros and Cons for operators.” Oleynichenko will tell you what the White Label is, the Pros and Cons of integrating such online casino product, which games are included in the White Label gaming suit from CASEXE, etc.
According to the official press release, the webinar is provided free of charge. The experts recommend joining the online event by everyone interested in the iGaming sphere, as well as those who plan to start a business in the industry.
The number of applications is limited. Feel free to ask more questions and details on the webinar via feedback form or online-support at the official CASEXE website.
Recall: The CASEXE company welcomes everyone to CEEGC 2017, 19-20 September. Within the forthcoming event, the developer contributes as a media partner and a speaker at the business conference. The key speaker is the CEO – Ivan Kondilenko.
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