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Unibet signs partnership with World Chess Championship

Niji Narayan

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Unibet, the hugely popular betting arm of Malta-based Kindred Group, has signed a partnership with the famous Cheltenham Festival and the World Chess Championship, which will extend till 2023.

As per the deal, Unibet will be the official betting partner of the FIDE World Chess Championship Match London 2018 between defending champion Magnus Carlsen of Norway will meet American challenger Fabiano Caruana in November.

Unibet also sponsored The World Rapid and Blitz Chess Championship in 2015, but this is the first time the World Championship match has signed a betting partner.

World Chess and Unibet will produce additional digital content for this year’s tournament. As part of the partnership, Unibet will receive a full suite of exclusive rights, including digital advertising, the use of exclusive photo and video content and the opportunity to take part in a round of the First Move Ceremony.

Richard Østrøm, country manager for Unibet Norway, said: “Since Magnus Carlsen became world champion, we have seen a large and growing interest in betting on big chess tournaments.”

“As the leading online bookmaker in Europe, we want to be a part of and contribute to big sporting events, and we are very happy to be the preferred betting partner for World Chess both before and during the World Championship.”

World Chess said Unibet will have “exclusive betting rights” to the event, with the company offering a range of markets from outright to next move. Unibet will also offer fans exclusive promotions on the championship rounds throughout the match.

Østrøm added: “We believe that this year’s World Championship showdown between Magnus Carlsen and Fabiano Caruana in London will establish chess as a permanent fixture in betting.”

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Casino Technology Rebrands as CT Gaming

Niji Narayan

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Casino Technology Rebrands as CT Gaming
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Casino Technology has announced its rebranding and name change. CT Gaming will be the new brand name of Casino Technology as of January 1, 2020.

The change is driven by the company’s growth, expanded innovations and its desire to better reflect its commitment to be at the forefront of the ever-changing technology environment and customer demands.

“As we marked 20 years in business this year, we recognised the need to better communicate our vision for the next period. Building on our core and looking into the future objective to embrace innovation and focus on the new generation of players, it was clear that rebranding was in order. The new name mirrors our constant drive to improve and be in the van of unleashing unconventional concepts and shaping trends. Our team embraced the rebranding decision enthusiastically and are charged with new ideas, commitment and motivation to deliver the best of their expertise,” Milo Borissov, founder and president of the company said.

“CT Gaming represents the evolution in our company, reflecting and merging our genesis into this new era. We will continue to strive to deliver the best customer services and bring excellence at all levels to our partners and customers, solidifying loyal and meaningful relationships that shape our industry’s tomorrow,” Rossi McKee, vice president of the company said.

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Europe’s Online Gambling Market Grows 11% in 2018

Niji Narayan

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Europe’s Online Gambling Market Grows 11% in 2018
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Europe’s online gambling market has shown an impressive growth last year.

According to the market data published by the European Gaming and Betting Association (EGBA) in partnership with H2 Gambling Capital, Europe’s online gambling market grew 11% from €20 billion GGR in 2017 to €22.2 billion GGR in 2018.

According to the new data, EGBA members had 16.5 million active customers and generated €5.41 billion in online gambling GGR in 2018. The UK market (34.2%) accounted for the largest portion of the total EU online gambling market, with a market value of €7.3 billion GGR.

Sports betting was the most popular online gambling activity with 42.5% of the total EU market share (worth €9.4 billion GGR), followed by casino games at 32.4% (€7.2 billion GGR), lottery at 12.6% (€2.8 billion GGR), poker at 5% (€1.1 billion GGR), bingo at 4.3% (€1 billion GGR), and other games with a 3.2% market share (€0.7 billion GGR).

As per the new data, 57% of online bets were placed from a desktop computer, while 43% of online bets were placed from phones and tablets – up from 39% in 2017 and highlighting a shift towards the use of mobile devices.

“Europe’s online gambling market continues to show a strong demand-driven growth and a switch to mobile devices. But its increased popularity reinforces the need for more consistent and strong consumer protections and industry standards across all EU countries. The current situation of diverging and sometimes conflicting regulations in EU countries is detrimental to consumers, authorities and operators alike,” Maarten Haijer, Secretary General of EGBA said.

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Grand Casino Baden Chooses SafeCharge, a Nuvei company, to Power Payments for Its Online Platform

George Miller

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Grand Casino Baden Chooses SafeCharge, a Nuvei company, to Power Payments for Its Online Platform
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One of Switzerland’s first licensed online casinos leveraging SafeCharge’s best-in-class payments technology for its iGaming service

SafeCharge, a Nuvei company, announces it has partnered with leading Swiss operator Grand Casino Baden to process credit card payments for its digital gaming platform jackpots.ch, developed by Gamanza. The collaboration provides Grand Casino Baden, a pioneer in online regulated gaming in the region, the ability to better address the needs of a growing audience of online gamers.

Earlier this year, Switzerland’s Federal Gaming Commission (ESBK) made the decision to regulate the country’s online gambling market, allowing Swiss land-based casinos to operate online. SafeCharge offers Visa and Mastercard acquiring services issued by Swiss banks, and through a single API integration that connects to over 180 payment methods, including local favorite Post Finance, enables jackpots.ch players the flexibility to pay through the method of their choice.

By utilising SafeCharge Cashier, Grand Casino Baden benefits from a frictionless payment experience for its online customers, delivering seamless deposits and withdrawals, plus compliance with anti-money laundering (AML) laws. SafeCharge handles the safeguarding of sensitive information, descoping the casino’s PCI DSS (Payment Card Industry Data Security Standards) liability. Further, by integrating with SafeCharge Cashier, Grand Casino Baden aims to increase its readiness for complying with the EU’s revised Payment Services Directive (PSD2) strong customer authentication (SCA) requirements.

“We knew that we had to partner with a technology player with the highest credentials and the ability to support our business within an extremely complex market, outside of EU legislations,” said Marcel Tobler, chief financial officer at Grand Casino Baden. “SafeCharge has been our preferred choice thanks to its proven track-record in the industry and unrivalled experience in fraud prevention and AML.”

“We are delighted to be working with the team at Grand Casino Baden to provide payments for its rapidly growing iGaming operation,” stated Yuval Ziv, MD of SafeCharge and head of global acquiring. “This partnership marked our entrance into the Swiss online gaming market, and we are excited at the prospect of our payments technology platform better servicing the region’s customers. As demonstrated by our long-standing collaborations with multiple tier 1 gaming operators, our solution is the ideal choice for institutions who require navigating the regulatory complexities of local markets without compromising user experience.”

Through this partnership, SafeCharge has displayed it is well-positioned to address the needs of the rapidly growing Swiss online gaming market. Fore more information about SafeCharge Cashier, click here.

 

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