Connect with us
SIS

Latest News

1xBet Selects Truevo Payments to Send and Receive Card Payments Globally

Vlad Poptamas

Published

on

Reading Time: 2 minutes

 

Online bookmaker, 1xBet, has selected Malta-based payments company, Truevo Payments, to facilitate the acceptance of Visa, Mastercard and Maestro deposits from players across the globe. 1xBet will also make use of Truevo’s OCT (Original Credit Transfer) solution to process almost instant payouts to over a billion eligible bank cards.

VP of Business Development at Truevo Payments, Roman Metodiev, said “1xBet is known as a trailblazer in the iGaming industry. Not only do they offer a great selection of betting opportunities, but their long list of global payment methods allows them to reach and transact with players globally. We are proud to be working with 1xBet, and look forward to providing them with safe, simple and reliable transacting for years to come.”

Truevo is a licensed acquirer and payment gateway offering innovative payment products, card acquiring and merchant account services to EU businesses. As a PCI DSS (Payment Card Industry Data Security Standard) Level 1 payment service provider, Truevo complies with the highest global data security regulations. By integrating with Truevo, 1xBet will enable players from around the world to make safe online deposits in over 120 currencies.

1xBet will also be utilising Truevo’s OCT system to transfer fast and reliable payouts directly to players’ Visa, Mastercard or Maestro cards. With OCT, gaming operators can now enjoy the convenience of using a single API for initiating, tracking and reconciling fund disbursements regardless of location or currency. Furthermore, OCT doesn’t require a major investment in technology, personnel, or infrastructure, making it a quick and affordable solution.

“This is a unique experience for both of our companies and we are delighted to take this opportunity to form a partnership with Truevo. Their innovative advances and expertise will unequivocally result in reaching better performance. We trust that this will lead to an ongoing and mutually beneficial partnership.”, said Gouloud Mercedes Hammoud, a representative of 1xCorp.

By offering solutions that encompass the entire payments value chain and embracing emergent technologies, Truevo is quickly gaining traction in the iGaming market. The company was a sponsor of iGB Live! 2019, which took place at RAI Amsterdam last month.  Roman Matodiev stated that “Truevo will also be exhibiting at SiGMA 2019”, taking place between 27th and 29th November 2019, at the MFCC, Ta Qali, Malta. He added that “due to the unprecedented growth in the online gaming sphere, we’ll continue to develop tailored payment solutions to meet the growing global demand.”

Vlad Poptamas is a Junior Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries among which the gaming industry. Vlad has a background and possesses skills that enable him to do creative content writing and editing.

Continue Reading
Advertisement
Comments

Latest News

Sports Betting and Online Casino Operator Betzest goes live with RedRake Gaming

Zoltan Tundik

Published

on

Reading Time: 2 minutes

 

Online Casino Betzest released the full suite of RedRake online gaming content into their portfolio.

Betzest increases their offering in a new partnership with RedRake which will give their players the opportunity to access to RedRake full range of online slots and jackpots.

The online casino and sports betting operator Betzest, is experiencing massive growth since its launch in 2018 and increased its portfolio to over 1400 online slots.

Marius Filip, Founder/CMO at Betzest, said: “We’re thrilled to have gone live with RedRake, and continue our revenue growth with innovative games from many of the industry’s leading game studios. Betzest has gone from strength to strength in the last 11 months, as we continue to sign up and launch more top casino providers. Stay tuned as we have a few exciting things coming up in the next period of time.”

Nick Barr, Managing Director at Red Rake Gaming, said: “We are delighted to have been selected as the next casino provider in Betzest’s roadmap. We are very encouraged by the results we have seen coming from the Betzest players and confident this will continue to grow as we release our newest games in the portfolio. Red Rake Gaming and Betzest have the same goals, to provide players with the best gaming experience, so we could not be happier working with the Betzest team.”

 

About Betzest

Betzest is an online sportsbook and casino company offering sports betting and casino type games. Betzest also offers Live Betting, Live Casino and Virtual Sports services. Today Betzest has more than 50 employees across four offices all committed to delivering amazing player experiences on each of their verticals, partnering with top providers of only the highest quality.

About Red Rake Gaming

Red Rake Gaming, an online casino provider, offers a wide and varied portfolio of top-performing games across various markets including Belgium, Italy, Spain, Portugal, Romania, Malta and the UK. As a boutique provider to the iGaming industry, we pride ourselves on working closely with our partners to drive their revenues through our high-quality game production, exclusive promotions and flexibility to accommodate their individual needs. Coming from a strong social background, Red Rake Gaming content has already been proven in the social casino space, with all the success from social applied to our real money gaming. Since its inception, Red Rake Gaming has experienced significant growth, and demand for featuring rich games continues to strengthen. With over 30 top-performing slots, video bingo’s, video poker and table games, Red Rake Gaming has games to meet all operators’ requirements.

For more information on industry-leading content, please visit: www.redrakegaming.com

Continue Reading

Latest News

1ClickGames figured how to replace human labour with innovative ATM and POS

Vlad Poptamas

Published

on

Reading Time: 1 minute

1ClickGames has created a business solution that will satisfy both clients and customer needs. The main goal of each gaming business whether land-based or online is to reduce costs and make most processes automated. Less human labor, more machine, this is the credo of 1ClickGames innovational products for retail business.

 

1ClickGames is happy to announce the updated mobile POS terminal and Interactive Lottery Terminal/ATM.   Mobile POS (point of sale) – is an Android-based retailer terminal, which can operate anytime and anywhere, and is loaded with all the necessary cashier functions. The device has a touch screen, printing module, and a new Android system. Terminal supports a full range of lottery games and sports bets; which all can be adapted to the market you operate in to satisfy your customers’ needs.

The Interactive Lottery Terminal/ATM is a self-services machine, that provides multiple intuitive modern technologies to significantly increase engagement with a customer. It provides cashless payments, lottery ticket purchase, payout of winning ticket or exchange. The ATM is available in English, Spanish, German, French, Italian and additional languages.

 

Maxim Terehovich, 1ClickGames CEO: Technology does not stand still and we keep pace with the times. We constantly monitor customer needs, problems or desires, creating products that will start working from the first-time client will turn it on. Our company understands the importance of making gaming portative, providing services in the regions with bad infrastructure or low internet accessibility. The POS and ATM are great solutions for companies that want to automate some of their selling processes and reduce expenses on employees.

Continue Reading

Asia

Losers and Winners of Online Gambling in China

Niji Narayan

Published

on

Photo source: aljazeera.com
Reading Time: 1 minute

Countless ordinary Chinese people, driven by greed and ignorance, have fallen into online gambling like the moths flying towards the fire.

In 2018, Chinese handset maker Gionee was forced into bankruptcy liquidation. The reason was that Liu Lirong, the owner of Gionee, gambled and lost more than 1 billion Chinese yuan in Saipan Island, leading to a shortage of operating capital and final bankruptcy.

Traditional Confucianism holds that gambling means greed and depravity. Many Chinese literary works and academic studies have portrayed Chinese gamblers and many people think that Chinese people are fond of gambling.

Before the rise of online gambling in many countries, China’s neighbouring countries once set up casinos in border areas with China to attract Chinese tourists and gamblers. Gambling-related criminal cases caused a lot of trouble for the Chinese government. Under pressure from the Chinese government, casinos in many border areas had been shut down.

The rise of online gambling has changed the story. Gaming companies have been able to spread their tentacles into every corner of China with the help of internet.

The reason why the gaming companies in the Philippines employ a large number of Chinese employees is that all of the Chinese employees can speak Chinese and most of the customers they serve are Chinese citizens.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.