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Portugal to join shared poker liquidity pool

Niji Ng

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Photo credits: www.all-flags-world.com
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After France and Italy, Portugal is geared to join shared poker liquidity by May, according to Stars Group chief executive Rafi Ashkenazi.

Last year, regulators from France, Italy, Spain and Portugal inked a deal that would allow operators who are active in more than one of the markets to merge their player pools.

France and Spain are both already active within the pool, with several operators who have licenses in both of the countries utilizing the new option.

In February this year, the Portuguese Gambling Regulatory Authority (SRIJ) passed a resolution to authorise shared liquidity with other countries.

Speaking in an earnings call, Ashkenazi said its PokerStars. PT Portugal-facing site will connect with the network “potentially very soon.

In January, PokerStars rolled out a shared player pool between locally licensed online poker markets in France and Spain, and its Portugal site now looks set to also join the shared pool.

 “Portugal is likely to be added to the pooled liquidity this month, potentially very soon,” Ashkenazi said on the call.

“I’ve no doubt that this will boost the revenues we are currently generating in Portugal.”

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Kindred ties up with Itsme in Belgium

Niji Ng

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Photo credits: www.kbcbrussels.be
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Kindred Group, the Malta-based gambling operator, has signed an agreement with Itsme, a free mobile identification application created by Belgium-based consortium of banks and mobile network providers called Belgian Mobile ID, for its Belgian customers.

Kindred has become the first online gambling operator in Belgium to use the digital identification solution, used and supported by the Belgian government.

Itsme allows users to identify themselves via a unique five-digit numerical code or fingerprint.

Verifying and validating user identities is complex and time consuming. Itsme will make it faster, easier and more secure.

Dennis Mariën, country manager for Kindred in Belgium, explained the collaboration: “We are delighted to be the first operator to start working with Itsme. Kindred values the best possible protection of its customers and strives to offer a safe and responsible gambling platform. The integration of tools such as the Itsme app, which ensures reliable, correct and user-friendly identification of the customer, is a crucial part of this journey. Moreover, a comprehensive identification process will also help in the fight against fraud.”

Source: intergameonline.com

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Sports betting records growth in Kenya

Niji Ng

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Photo credits: www.kenyatravelguide.co.ke
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African betting markets continue to thrive, with Kenya registering the highest growth mainly because of its rising sports betting revenues and introduction of new technologies.

GeoPoll conducted a survey recently and found out that at least 54 per cent of the youth (aged 17–35) in Sub-Saharan Africa has tried some form of gambling. The study also revealed that younger gamblers are more inclined to sports betting, especially using smartphone apps.

Kenya registered the highest number of gambling or betting participants in the past at 76 per cent.  Uganda comes second with 57 per cent.

Ghana sits on the other end with the lowest number of young bettors at 42 per cent. In addition, while the rest of the countries studied has a bet frequency of once a month, Kenyans gamble once a week, especially in football matches over the weekends.

According to GeoPoll, most Kenyans use mobile phones to bet, with 75 per cent of all wagers made through smartphones. South Africa has the lowest usage of the mobile for gambling at 48 per cent despite having the highest rate of mobile penetration in the continent.

Source: focusgn.com

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Monzo offers option to block gambling transaction.

Niji Ng

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Photo credits: Bitcoin Exchange Guide.com
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Monzo, a UK-based bank that offers only mobile-based banking services, has come up with a unique service for those who want to self-exclude from all gambling activities. A soon-to-be-introduced feature in the bank’s app will allow the users to to block all gambling transactions from their Monzo accounts.

At present, Monzo’s policies about problem gambling include identifying certain behavioral patterns, initiating a “sensitive, tactful conversation” with the customer and then leading them to the direction of the GamCare charity, which provides free software to block customers’ access to gambling sites.

The new blocking functionality to its mobile app will come into effect “in the next few weeks.”

The feature will be included in the app’s settings, which, if switched on, will prevent the use of customers’ Monzo accounts from being used for gambling purposes, be it online or land-based.

Monzo said its new feature will rely on identifying merchant category codes, and the company will “do our best to block any payments you try to make” to merchants whose codes indicate a gambling connection.

Should a customer decide to disable the feature, Monzo will require them to “chat with customer support first.” Should the customer still wish to disable the feature following this chat, Monzo will impose a 48-hour time-out before the customer can make the switch on their mobile device.

Monzo calls these steps “positive friction” intended to ensure customers do not “impulsively” disable the self-exclusion, but do so only after they have had the chance to “understand the implications and make a considered decision.”

Monzo recognises that the feature “isn’t a perfect or catch-all solution” but the company pledged to tinker with the tech following its release in the hope of helping customers avoid financial problems related to gambling, rather than closing the barn door after the cows have bolted.

Monzo is also considering allowing customers to set a “30-day rolling gambling limit” that would prevent gamblers from exceeding their spending, requiring a “trusted friend” to authorise gambling transactions, lowering limits on cash withdrawals and other payments, and setting aside money for bills in a “protected” zone that ensures customers cannot blow the rent or car payment on gambling.

Last year, the GambleAware charity issued a report that claimed the industry’s retail self-exclusion scheme was performing well, but investigative media poked a few holes in that claim. In March, Paddy Power Betfair rolled out a new electronic self-exclusion system, replacing its retail paper-based system.

Online gambling accounted for 96 per cent of self-exclusions in a recent UK market study and the UK Gambling Commission has been spanking numerous UK operators for failures in their individual self-exclusion programmes.

 

Source: calvinayre.com

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