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Blazing the Trail: Online Casinos Use Technology to Secure and Enhance Gaming

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Blazing the trail: Online Casinos Use Technology to Secure and Enhance Gaming
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People love casinos. There’s a reason places like Las Vegas are such popular tourist destinations, and it’s not just the Cirque du Soleil shows (although most of those are pretty awesome). Casinos have slowly spread in number and popularity across the United States—first by using loopholes in the law to establish casinos on Native American land or by hosting casinos on river boats, but even brick-and-mortar casinos have gained more acceptance with cities like Detroit embracing them.

As casinos in general have gained broader acceptance and popularity, the internet has created a whole different form of gaming with online casinos or internet casinos. While online casinos are increasingly popular around the world, the legality of online gambling in the United States is murky, and is largely decided by the individual states.

For those who can legally use the sites, though, online casinos continue to push the envelope of technology to ensure a safer and more exciting experience. Most modern gaming websites are equipped with technologies which make them safe for users and add to the excitement. Online casinos rely on a variety of technologies designed to ensure customers are secure and satisfied. According to HolyMoly, there are some common technologies used across gambling websites to secure and enhance the experience:

Mobile gaming

Most online casinos are available on smartphones and tablets now. Some platforms are available through a mobile browser, and others have mobile apps available for iPhones and Android devices. With mobile gaming, you can play anywhere and anytime. All you need is a mobile device and an internet connection.

Live gaming

Although the experience is not happening in real life, live dealers are really popular among many gaming participants. Live streaming technologies give players an opportunity to feel like they are in a real casino. Live gaming is also more social than other sections of an online casino.

Optical Character Recognition (OCR) used to transfer the data from the real live dealers to the participants online. To create a live casino experience, sites need a camera, at least one live dealer, and a monitor that allows them to view the table the way online players see it. The most important element, however, is the Game Control Unit (GCU), which encodes and decodes data between the dealer and players.

The rules of online games with a live dealer are the same as those with virtual or machine dealers. The main advantage of a live dealer is that the results of a game are determined by a human, rather than a machine. It also allows players to get a more authentic feeling of taking part in the action and excitement of a real, brick-and-mortar casino.

Random Number Generator

All your favorite slot games have one primary thing in common under the hood—a random number generator (RNG). The ability to generate random numbers helps to ensure that games are fair and that only your luck matters in determining the result.

The reality, however, is that computers are not capable of generating truly random numbers. They use a pseudorandom number generator that relies on an algorithm to create something as close as possible to true random. The pseudorandom number generator (PRNG) uses an initial “seed” value that is then used to generate a sequence of numbers that approximate random numbers.

SSL Encryption

SSL (secure sockets layer) is a standard encryption protocol used online security across the entire internet, and online casinos are no exception. On the contrary, they probably have more need for a secure, encrypted connection than most websites. It is not impervious to attack or compromise, but that little padlock next to the address in your web browser generally indicates that the data you share with that website is encrypted as it travels across the internet and protected from compromise or exposure.

Cryptocurrency

Cryptocurrency continues to gain popularity and is slowly becoming an accepted form of currency in many different areas of everyday life. Most online casinos accept payments using standard payment methods like Visa/Mastercard, Skrill, Neteller, PayPal and others. More progressive gaming websites, however, also offer the ability to deposit and withdraw Bitcoins or other cryptocurrencies. Cryptocurrency payments are anonymous, and ensure a level of secrecy about your activities.

Virtual Reality

Virtual Reality casinos are a new trend in gambling. Slots Million was the first casino where you could play with Oculus Rift goggles and have a more immersive experience that approximates what it’s like to actually visit a brick-and-mortar casino. They are expensive for now, but the VR experience is unforgettable. As VR gains steam, you can expect more online casinos to embrace it.

It’s hard to say what online casinos—or the internet in general, for that matter—will look like 5 or 10 years from now. If you want to see what sorts of technologies might make it to mainstream devices and platforms, though, pay attention to online gaming and online casino sites. They have a vested interest in pushing the envelope for online security and enhancing the performance of the online experience, so they tend to be the proverbial “canary in the coal mine” for emerging technology trends.

 

Source: techspective.net

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The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024

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The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024
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The Nomination Committee of Catena Media proposed re-election of the following members of the Board of Directors:

Øystein Engebretsen

Theodore Bergquist

Adam Krejcik

Sean Hurley

The Nomination Committee proposed that Erik Flinck and Dan Castillo be elected as new members of the Board of Directors.

Göran Blomberg, Esther Teixeira-Boucher and Austin Malcomb have declined re-election as board members.

The Nomination Committee proposed that there will be six (6) members of the Board of Directors, changed from seven (7).

The Nomination Committee also proposed Erik Flinck to be elected as Chairman of the Board of Directors.

Erik Flinck, born in 1980, currently provides high end business consulting combined with serving as Chairman for the digital health startup, dr HUD. Mr Flinck previously served as Head of BCG Sweden and has extensive experience from corporate management, growth and turnarounds from nearly 20 years of Management Consulting and serving as Head of Group Strategy and M&A at Sandvik AB. He has a Masters Degree in Engineering (Software development and Financial Mathematics) from the Royal Institute of Technology in Stockholm and a Masters Degree in Business and Administration from Stockholm University and Stockholm School of Business.

Born in 1980, Dan Castillo has accumulated over 20 years of experience across startups, growth companies and turnarounds. Since 2015, Castillo has invested in Catena Media, maintaining a close watch on its progression, especially after its IPO in 2016. He has previous experience of listed board work in Kotipizza which Orkla acquired in 2018. He currently serves on the boards of five companies in different sectors, including Quartr.com in Fintech and Hope Studios in movie production. His academic background includes studies in Finance and Economics at Linköping University.

The Nomination Committee of Catena Media consists of:

Nicklas Paulson, representing Investment AB Öresund (chair of the nomination committee)

Marianne Stenberg, representing Second Swedish National Pension Fund

Martin Zetterlund, representing Niklas Karlsson

Göran Blomberg, chairman of the board of Catena Media.

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IGT Announces Executive and Board Leadership Changes

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IGT Announces Executive and Board Leadership Changes
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International Game Technology PLC (IGT) announced that on March 21, 2024, its Board of Directors implemented changes to the Company’s Board and executive team.

Marco Drago announced that he will step down from his role as a non-executive director of the IGT Board of Directors. He will carry out his remaining term and depart from the Board at the conclusion of the Company’s Annual General Meeting (AGM) on May 14, 2024.

Enrico Drago has been appointed by the IGT Board of Directors as a non-executive director of the IGT Board. In addition, Enrico Drago will resign from his current role of CEO of IGT PlayDigital, and Gil Rotem, who is currently IGT PlayDigital President of iGaming, will expand his role to become IGT PlayDigital President and report directly to Vince Sadusky, CEO of IGT. These changes will be effective April 1, 2024. Enrico Drago will continue in his role as vice chairman of De Agostini S.p.A.

“As Marco Drago prepares to step down from his position on the IGT Board of Directors, I’d like to thank him for his many years of service and his unwavering commitment to driving results and creating value for all IGT stakeholders. Enrico Drago joining the Board and leaving his executive leadership position at IGT is a natural evolution that supports the Company’s vision for its next era of growth and transformation. Enrico’s value-creation mindset and understanding of global growth opportunities will enhance the Board and align with IGT’s strategic priorities,” said Marco Sala, IGT Executive Chair of the Board.

“Watching and guiding IGT through its evolution from a collection of companies that started with Lottomatica and GTECH grow into a unified global gaming leader has been very gratifying. We have been fortunate to have a great group of board members and business unit leaders that have helped drive IGT’s growth during this time. I thank them for their contributions and am certain that IGT is positioned for continued growth as we go forward with the bold initiatives we have undertaken,” said Marco Drago, IGT Non-Executive Director.

“Over the last five-plus years, IGT PlayDigital has established leadership positions in the global iGaming and North American sports betting sectors that will be foundational to the Company’s future successes. I thank the entire IGT PlayDigital team for all that we have accomplished in this time, and I look forward to supporting IGT in a new capacity and further helping the Company define its vision and strategy,” said Enrico Drago, CEO of IGT PlayDigital.

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Bidstack Executive Team Acquires Bidstack Limited and all its Subsidiaries

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Bidstack Executive Team Acquires Bidstack Limited and all its Subsidiaries
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The executive team of Bidstack has acquired Bidstack Limited and all the operating entities of the Group, from the administrators of Bidstack Group PLC. The deal sees James Draper, Founder & CEO, and the executive team of Bidstack Ltd become significant majority shareholders.

All contracts and client relationships will continue within the new ownership structure – safeguarding jobs for the UK and European-based staff.

Bidstack, the multi award-winning in-game middleware technology provider that initially set about bringing programmatic advertising revenue to the most renowned sports gaming franchises in the world, has diversified into a broader offering, taking advantage of the most advanced off-engine content management system in gaming.

Following the announcement of a partnership with the Washington Commanders, where the NFL franchise became the first-ever sports team to utilise a platform to control advertising within their virtual stadium, across official NFL games, from multiple studios and developers, the management team has been focusing on sports rights holders as a key customer type.

The executive team has the support of the world’s leading rights-holder professionals in the sports industry. It will continue to execute from its position as the leading technology for the sports industry, for fan engagement and brand activations, in video games.

The executive management consists of James Draper continuing as Chief Executive Officer, with Lisa Hau stepping up to Chief Financial Officer, Dave Garvey continuing as Chief Legal Officer, Will Stewart moving to Chief Product Officer and Daniel Barrigas to Chief Technology Officer.

James Draper, Bidstack’s Founder & CEO, said: “The acquisition is a pivotal moment for the next phase of growth for the business. Our technology is at the forefront of sports technology, and I couldn’t be more excited. I am proud that we are able to reward our ambitious and industry-pioneering team and have them as shareholders alongside myself.”

“I want to thank the staff and customers for standing by us during this strategic review, which has obviously been an uncertain period. For all of our customers to have stood strong alongside us is testament to the relationships we’ve built over the years, as well as the incredible staff we have here who have fostered those connections.

“The company can now focus on the enormous potential we have, to enable sports teams to get closer to their fans and improve the player experience by bringing their virtual IP to life, with real-time messaging, rewards and engagements.

“Thank you to the management team who have invested to protect the incredible work our talented group has produced. It’s extremely motivating to see the unwavering belief we collectively have in our vision and product. Sadly, the public market is an uncertain place currently, and it’s a challenging environment for growth businesses such as ours.

“The interest and support we’ve had from some of the leading players in the sports industry has given our team great confidence and motivation as we work with some of the world’s largest sporting franchises and leagues.

“Thank you to everyone’s support and to our Board of Directors, who have assisted myself and management throughout.”

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