Latest News
Switzerland’s upcoming referendum about the online gambling industry will be presented by Dr. Simon Planzer at Prague Gaming Summit 2018
Prague – 23 February 2018 – The second edition of Prague Gaming Summit will include a wide range topics and compliance updates from various countries in the region and we are adding a new topic in the panel discussion for the event which will take place on the 29th of March at Andel’s by Vienna House Prague.
Besides the compliance updates and opportunities of the Czech, Polish, Slovak, Slovenian and Austriand markets, the event will also feature a presentation of the highly awaited referendum in Switzerland.
On September 29, 2017 the Swiss Parliament passed a revised gambling law entitled the Money Gaming Act. The Act unites Switzerland’s existing acts on casino games and betting/lotteries into a single Act. The new Act equally lifted the current online gambling ban, however only operators of licensed casinos (type A and B) may qualify to apply for an additional online casino license. The new Money Gaming Act therefore provides the possibility to block access to foreign online gambling websites to Swiss citizens.
Despite not being strictly prohibited, online gambling was technically illegal under current legislation but international operators were able to target local players. However, the new law ends that and formally legalises online gambling, but bars international companies from operating within the country.
Therefore, internet service providers will be obliged to block access to international gambling operators’ websites and the Swiss government will provide compensation for any expense it may provoke.
In spite of clearly passing the parliament, the new legislation was challenged by the youth organisations of the Swiss People’s Party, the Free Democratic Party and the Green Liberal Party. They wanted to organize a referendum against blocking international operators which needed to gather 50k signatures in 100 days in order to even take place.
On January 18, 2018 the required number of signatures were finally submitted. Therefore, a public referendum concerning the Money Gaming Act will take place on June 10, 2018.
If the Swiss electorate accepts the act by referendum, the new Gaming Act will remain unchanged and come into force during 2019. In the other hand, the parliament will have to pass a revised new Gaming Act, delaying the process of implementation
The latest topic announcement comes along with the announcement of a new speaker who will join the “Focus on Slovakia, Slovenia, Switzerland and Austria” panel discussion and will give the inside information about the Swiss market and the upcoming referendum.
Dr. Simon Planzer(Planzer Law)
Partner at PLANZER LAW
The Zurich-based gaming law boutique PLANZER LAW provides strategic, regulatory and legal advice to stakeholders across all areas of the gaming industry. The firm’s primary focus is on EU/EEA gaming law, compliance issues such as AML as well as Swiss gaming law and related commercial, corporate and financial matters.
Simon is General Member of the International Masters of Gaming Law. An alumnus of the College of Europe, he specialised early on in EU affairs and gaming law, working at the EFTA Court, the legal service of the EFTA Secretariat and as research fellow in European business law.
Simon is the author of the monograph (PhD) ‘Empirical Views on European Gambling Law and Addiction’(2014) and the book chapter ‘Gambling Law’ in The Handbook of EEA Law (2016), both published by Springer International Publishing. Simon also works as a Lecturer in Law at the University of St.Gallen where he teaches European Economic Law. He studied and did research i.a. at Harvard University, the College of Europe and the European University Institute.
More speaker profiles will be releases soon, but you may want to check the already confirmed line-up of speakers and register in time. The event is limited to 125 seats.
Make sure you register in order to get a chance to networking with the representatives of Fortuna Group Entertainment, Sazka, Superbet, NetEnt, Cubits, Payout s.r.o., Nmi Gaming, Data Bet, Pangea Localization Services, PMU, BMM Testlabs, ROMBET, All-In Translations, Trustly, Betgenius, Endorphina and much more.
Visit the official website of the event for more details: https://praguegamingsummit.com/
To hear more about the subjects and meet Simon in person, make sure you register and attend Prague Gaming Summit 2018, held on the 29th of March at Andel’s by Vienna House Prague.
Latest News
Huge Jackpot at King Billy Casino: C$3,658,306!
King Billy Casino, launched in 2017, has had some impressive players wins during the “reign of King Billy”. A few of them include Live Game winnings of €135,223, daily winnings from 2 or more slots of $164,000, and €250,000 won on a single spin. However, the latest win by a King Billy Casino player dwarfs every big win that has come before this. Actually, it’s bigger than all previous big wins combined for the operator!
Because, we are talking about C$3,658,306.
This amazing six-digit number was the result of a player going on a safari in her (and millions of other players) beloved Mega Moolah progressive slot from Games Global. In an autumn, the player stepped into eternal summer by wagering a small C$6,25 bet and winning 562.816 times her bet! This is the power of Mega Moolah, as evidenced at King Billy.
King Billy people had only warm words for the occasion. A representative of the casino has stated: “We are elated, for this huge big win. We can never forget that our first big win, many years back, was more than 200,000 Canadian dollars, so we have special ties with the region. And it’s now amazing to see our VIP-player making such a cashback and echoing that big win! Congratulations to our player”.
A few words about Mega Moolah. It was an Internet sensation when it was launched with its beautiful graphics and sounds, and immersive gameplay and it is a sensation today, still going strong after almost 20 years. The slot, which has spawned more than 20 variations, and has given millions in cash to players all over the world (including 5 millionaires in 2024 alone) features 4 types of jackpots that make it stand out from the competition.
About Games Global
Games Global is a supplier of the online gaming industry delivering force and direction to gaming with more than 1,300 top class games. The company has made a commitment to deliver the industry’s more disruptive ideas and compelling data-driven gaming experiences. Games Global features a total of 40+ partnered and in-house studios, services 600+ branded websites and boasts record-breaking jackpots with its worldwide network.
About King Billy Casino
Established on St Patrick’s Day in 2017, King Billy is a renowned new generation casino with more than 26 awards and accolades. The casino is available in English, German, French and Finnish, and created a unique user experience, building on the theme of King Billy and his Kingdom. King Billy ensures that all its players, “Citizens” in the casino language, receive the care and attention they deserve.
Latest News
ZITRO INTRODUCES CASH TOTEMS: A MYTHICAL JOURNEY TO ANCIENT FORTUNES
Awaken the power of ancient gods in Zitro’s new game release, Cash Totems. With two exciting themes—Tomahawk and Vikings—this slot title transports players to a mystical world where Ancient Gods hold the key to incredible fortunes.
Cash Totems offers a Free Games bonus with 10 initial free spins and introduces 3 combinable metamorphic features, each supported by its own scatter symbol. The left accumulator features Sticky Wilds, where players can earn credits with the corresponding scatter symbol. The right accumulator offers Rainy Multiplier Wilds, granting extra spins with each corresponding scatter symbol, enhancing winning opportunities.
Finally, the central accumulator unveils a thrilling Jackpot feature, where each corresponding scatter symbol reveals two potential prizes (Low/High) and awards players one of the following: Credits, Extra Spins, or the chance to spin the Jackpot Wheel. Landing on the jackpot symbol activates the wheel, offering one of four jackpots: Mini, Minor, Super, and Mega.
Unveil the hidden fortune within Cash Totems!
Latest News
Betway Customer Wins £53,000 from £1 eSoccer Bet
Betway is thrilled to announce a new milestone in its eSoccer platform, as one lucky customer scored a huge eSoccer payout – walking away with an incredible £53,000 from just a £1 stake. The winning bet, a six-fold accumulator, has set a new record for eSoccer payouts at Betway, marking a historic moment for both the customer and the platform.
eSoccer, a fast-growing sector at Betway, blends the thrill of football with the high-energy world of esports. In these virtual matches, two players go head-to-head in EA Sports FC 25 (formerly known as FIFA), with games running in short, action-packed formats of 8, 10, or 12 minutes. Every game Betway offers has a stream on the inplay site with streams also available on YouTube and Twitch to the public.
Mike Reading, a spokesperson for Betway, commented, “Football is a passion we share with our customers, and eSoccer has become one of our fastest growing products. We are delighted to see a lucky customer turn a £1 bet into an incredible £53,000! It’s moments like these that highlight the thrill of eSoccer for our players and we’re looking forward to celebrating more big winners in the future.”
This record-breaking win reflects Betway’s commitment to offering an exciting range of products and delivering unforgettable experiences for its customers.
-
Asia6 days ago
VSPO, the largest esports company in Asia, rebranded Hero Esports to support global growth strategy
-
Latest News6 days ago
Week 45/2024 slot games releases
-
Central Europe6 days ago
Evoplay enters Czech market with exclusive Fortuna collaboration
-
Industry News6 days ago
iGB Affiliate attracts registrations from 55 nations in just six weeks
-
Industry News6 days ago
Endorphina Affiliate Hub: Huge Benefits for Affiliates
-
eSports7 days ago
Hilton Riyadh Hotel & Residences Named Official Main Partner for World Esports Championship 2024
-
Compliance Updates6 days ago
Aviatrix lands in the Netherlands
-
Compliance Updates6 days ago
Comtrade Gaming Receives UKGC Approval to Distribute Gaming Content