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Evolution Technology Resources Inc. signs deal with 1ClickGames and increases user base tenfold to 275,000

George Miller

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Evolution Technology Resources Inc. (ETKR) signs deal with 1ClickGames
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MARKHAM, Ontario, Feb. 12, 2018 – via OTC PR WIRE – Evolution Technology Resources Inc. (ETKR.OTC) has signed an agreement with Highweb Trade Ltd, a Malta based online casino service provider better known for their B2B igaming tradename 1ClickGames. The agreement will deliver exclusivity, game development, infrastructure management, white-labeling, support and maintenance services in the area of information technologies for ETKR’s online gambling site VIPSpel Casino as well as future platforms.

The agreement between Evolution Technology and 1ClickGames is developing new online casino sites and adding new innovative incentives to make these sites operational and revenue producing and has provided Evolution Technology with the exclusive first right to acquire each of the new online operational casino sites that 1ClickGames develops. The agreement also covers the acquisition of existing sites which will increase the current user base to 275,000 from 27,000. When Evolution Technology first acquired VipSpel, the user base was 6,000 and grew to 27,000 users under the fourth quarter plan 2017.

The fourth quarter plan that the Company announced in October last year was successful. It focused on (a) building a core management team for the gambling & gaming sector portfolio (b) drive user growth (c) acquire a sportsbook (d) expanding core competencies.

With this agreement Evolution Technology and 1ClickGames are a supplier of premium white-label solutions for both iGaming startups as well as existing operators worldwide. 1Click Games focuses on fast integration and ensuring rapid and cost-effective time to market for all clients. Operators are provided a complete gaming site with a full suite of top iGaming products including casino, sportsbook, mobile casino and live casino, all deployed under a unified management platform, as well as services like sublicensing, branding and content management.

One of the major Product development milestones for 1ClickGames in 2018 is the addition of Blockchain technology to its already fully GLI19 certified platform.

The partnership with Highweb Trade Ltd, adds to Evolution Technology’s growth strategy characterized by enhancing its current solutions as well as developing and introducing new products and services that keep pace with the developments in the online gambling industry.

 

About Evolution Technologies Resources, Inc.
Evolution Technology Resources is a business development company that is focused on acquiring intellectual property and assets for cloud computing, high tech and online gambling industries.

EvoTech is a rapidly growing gambling solutions and entertainment provider. The company will provide three revenue models; cutting-edge Cloud based Services, white label solutions for affiliates and B2C gambling services offering games from the best-of-breed suppliers across the online sports betting and casino industry. Online gambling is a maturing market, meaning there is already a wide base of users familiar with gaming products as well as supporting services such as online credit card payments and other means of electronic payments. ETKR aims to capture a significant size of that existing and growing market through high quality products and safe and secure infrastructure.

Investor Relations
Tom Lam
+1 855-782-3706
ir@evotechonline.com

For more information visit: www.evotechonline.com

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Compliance Updates

California could legalise sports betting in 2020 ballot

Niji Ng

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California could legalise sports betting in 2020 ballot
Photo Credits: Robert F. Bukaty/Associated Press
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Alex Padilla, Secretary of State in California, has said that the processes to include sports betting legalisation on the 2020 ballot in California has been started. Russell Lowery, a political consultant, is pushing the proposal.

The proposal would require 585,407 signatures collected by February in order to get included on the 2020 election ballot. It would expand tribes’ rights over certain games but would also expand competition for them as it would clear nontribal cardclubs to take sports wagers.

“This proposed measure would bring Vegas-style gaming to nearly 100 locations and urban areas throughout California,” said Mark Macarro, chairman of the Pechanga Band of Luiseno Indians. “This is not in keeping with California’s longstanding policy of limited gaming, and we will vigorously oppose this measure.”

“The tribes are in no rush,” added lobbyist David Quintana, who represents tribal gaming groups such as the Viejas Band of Kumeyaay Indians near San Diego. “Our first priority with sports wagering is to ensure that brick-and-mortar casinos are protected,” he assured.

 

Source: focusgn.com

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Central Europe

AXES Network to supply products for Totalizator Sportowy

Niji Ng

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AXES Network to supply products for Totalizator Sportowy
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AXES Network, the Canadian company offering cloud technology in the field of information management, will supply its products, including 1200 gaming machines in 50 salons for Totalizator Sportowy to launch its new pilot package.

The products from AXES Network, including solutions and applications, are designed to improve security and integrity in the field of data collection and management. The company also offers tools that increase operational and organisational efficiency. The company provides support to the whole spectrum of betting and gambling businesses: government monopolists, casino network operators and slot game salons, manufacturers of gaming machines and AWP operators in over 20 countries.

The AXES platform offers native applications and solutions such as: jackpot system, loyalty system, reward generation but in particular non-cash and accounting operations necessary to improve network efficiency and customer profitability. The advantage of the AXES system is simple: you can connect to any type, number of machines at any time and location.

The AXES Information Management System (AIMS) is a cloud-based solution for managing all aspects of the game. AIMS performs analysis of players, can conduct marketing work, tracks all operations, ensures security and reporting to units with access and all other requirements regarding the performance of financial and accounting operations.

AXES Smart Card Cashless System is a chip-based transaction system that streamlines cash management in casinos and arcades, used in the Merkur Group machines currently in operation at Totalizator Sportowy in the newly opened slot game salons.

 

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Asia

Jiangsu Police cracks illegal online gambling racket

Niji Ng

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Jiangsu Police cracks illegal online gambling racket
Photo Credits: Reuters
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Police in Jiangsu, China, has cracked a sophisticated gambling racket who were providing illegal online gambling services. The racket is believed to have dealt with a massive CNY7.8 billion (approximately $1.1 billion in wagers over the course of last few years.

The probe into this racket was launched more than two years ago, after receiving a tip-off. So far, the police have arrested 56 persons.

With very few exceptions, gambling is illegal across China. However, operators of illegal gambling operations have been circumventing existing prohibitions for years, becoming more and more resourceful in their approaches to Chinese customers.

In the case of the Jiangsu illegal gambling ring, those involved were found to have operated a betting website the servers of which were based in the Philippines. Locating an illegal operation abroad is a traditional practice among operators of illegal betting and gaming websites.

As mentioned above, as many as 56 individuals were arrested on illegal gambling charges over the course of the investigation. According to police records, the gambling ring earned more than CNY650 million in profits.

The betting website was based in the Philippines and had more than 114,000 registered customers. Four prime suspects were identified through bank card information, Xinhua reported yesterday.

 

Source: casinonewsdaily.com

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