Connect with us
Advertise at European Gaming Media
SIS

Latest News

Kindred and Nolla Utanförskapet to Organise Programming Course Together

Niji Narayan

Published

on

Kindred and Nolla Utanförskapet to Organise Programming Course Together
Reading Time: < 1 minute

 

Kindred Group, together with NU:Nolla Utanförskapet, is going to organise a programming course for young adults between the ages of 18 and 25.

Kindred commences the cooperation with NU:Nolla Utanförskapet with the goal to increase programming knowledge and code as well as provide insight into the tech sector for young adults living in socially vulnerable areas.

“The opportunity to organise this project together with NU is both inspiring and exciting, the cooperation is a natural progression for Kindred in our sustainability effort. The response among our employees has been overwhelming with many expressing inspirational commitments to give back to our community, by teaching code. The tech sector is constantly in need of competent people. If we can ignite an interest in code and programming amongst these young adults and at the same time build their confidence, and increase the sense of team effort– that will be a win-win situation,” Alexander Westrell, Head of Communications at Kindred Group said.

“So many talented individuals are alienated growing up, and they often have a distinct feeling of not being wanted nor needed. This course, that we are organising together with Kindred, is an important step on the way to reach the most socially and economically marginalised areas around Stockholm. It will help to create a sense of belonging, as well as provide young adults from these areas with the necessary tools to engage in a career within the tech sector. The projects create opportunities for young adults as they establish themselves in the work force and opens many doors in terms of work and internships,” Sanna Wolk, initiator and co-founder of Nolla Utanförskapet said.

Niji Narayan 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. He reports gaming industry headlines from all around the globe.

Continue Reading
Advertisement
Comments

Interviews

Exclusive Q&A with Andrei Vajdyuk, the head of business of NetGame Entertainment

George Miller

Published

on

Exclusive Q&A with Andrei Vajdyuk, the head of business of NetGame Entertainment
Reading Time: 5 minutes

 

European Gaming Media is conducting an interview with Andrei Vajdyuk, the head of business of NetGame Entertainment, about a new online casino provider, which is growing in the iGaming market through the first steps of business development.

Can you please tell us a bit about the company, when it was founded and what was the vision at the start?

Having started in 2012 with a group of three enthusiasts from landbased gaming, during the past 7 years we have accumulated the experience and built up a team to make a consecutive transition to online, establishing a new brand of online casino software – NetGame Entertainment.
During the last 2 years, our team has been working on the HTML5 platform, which went live in June 2019 with 30 games in the portfolio for 2019 year. We’ve experienced rises and falls with management processes during that period, which has finally allowed us to be capable of releasing one new game per month.
Today, we are a young game provider on the market, producing an innovative, excellent quality slots that are really impressive for both – our partners and players, that makes us a quickly growing game developer. By the way, everyone is eligible to try a demo version on the netgamenv.com website to be convinced the truth I said.
NetGame Entertainment aimed to become a well-known on the market and loved by players brand.

As a gaming company in this highly competitive market, it isn’t always easy to keep up with the trends. What is it that NetGame Entertainment focuses on the most and what is it that makes your products stand out from the rest?

To be competitive, NetGame Entertainment follows the evolving igaming market trends, adopting them into our slots. But I would like to highlight that NetGame slots are created using the original mathematical models and unique bonus mechanics, exciting art and brick and mortar casino themes that immerse players into the real casino atmosphere.
Another of NetGame`s standout feature is a Mystery Progressive Jackpot tool. All slots are linked to single or multiple operator websites and participation is built on players’ contributions. The Jackpot offers four different progressive levels – Red, Silver, Gold, and Diamond, where the Red reward is the least and Diamond is the highest.
There are only a couple of examples. But to be competitive, we pursue the tactic of creating outstanding products, investing in player’s love, not just simple promotions.

Is there a particular slot that you, as well as a team, are especially proud of? What games would you say really hit it off with the players and the operators?

Of course, our team is in the process of building a diversified gaming portfolio. At this moment, we have 24 games live and 30 games are expected to be released till the end of 2019.

Our first game was released on June 2019 – the Golden Skulls slot.
And before the game discovered the world we have come a long way.
Our development process was started from scratch and it required more than one year for the team building, effective management and workflow set up. All in all, after fixing all the bugs, the first game was released. Today we are proud of that period because we have built up the expertise in falls and rises and reached the speed for a new game release to one month.
Among our next the most popular game titles are Vegas Skills, Jungle 2, Diamond Shot, Magic Tree, African King, Magic Dragons and others.
There are also some new slots, expected to be released until December 2019 – Luxor Relics, Dancing Lanterns, Zen Zen Cash, MMA Legends, Fruit Cash Hold n’ Link and others. We will show our new as well as the popular slots at the SIGMA, SAGSE and G2E exhibitions in November-December 2019.

How big of a role do player feedback and suggestions play in the process of development of new games? Do you keep tabs on the market and try to develop games in accordance with what seems to be the most popular at the time or do you try to follow your own vision and create content that you believe players will like regardless of what seems to be popular at the moment?

Of course, our team pursues the latest trends that appear in the igaming market. We use it for creating and actualizing ideas of how to bet on competition among game development companies and propose better quality graphics or more engaging game mechanics, for example.
With NetGame’s growing market awareness and the number of casino operators and players, our strategy is going to have changes – we will shift our focus to the players’ feedback and suggestions.

Is there a particular market that you’re focused on in geographical terms or are you trying to be more of an all-around developer that caters to players from all over the globe?

We are focused on building a diversified gaming portfolio for .com – markets: Asia, Latam, CIS, and Arab/Turkey markets. We use popular Asian themes, Vegas style graphics (Vegas Hit, Diamond Shot) for LATAM and Africa, and already released 5 Fruit games + 8 more(Fruit) coming for CIS and Turkey.

Every company seems to have its own idea about what makes the perfect slots. What would you say this is for NetGame? Is it the graphics, bonus features, plotlines? What do you believe is the most important from the players’ perspective?

I believe, the main idea of making NetGame slots perfect lies in crafting games, enjoyable by its unique bonus mechanics. Almost every slot has its Free Spins feature or some others like Re-Spins, Pick-and-Click game, Progressive Jackpots, stacked and expanding Wilds, Multi-way games, Multiplier symbols, Cascading reels and others.
NetGame slots are oriented on players with different playing preferences. And our team experiments with graphics and math, making slots for Starters, as well as producing high-volatile slots that emulate a real casino atmosphere for the experienced gamblers.

What’s next for NetGame Entertainment? Are there any games currently under development that we could look forward to? And, on a greater scale, what’s the company’s plan moving forward? Where do you see the business going in the coming months and years?

Let’s start with some of our future game releases.
The next game, MMA Legends, is planned to be released in November 2019. This game is special because of its Bet on Game Feature, where the player bets on 1 of 4 selected symbols and on a chosen number of spins and if the bet gambled wins, the player is rewarded with a win multiplier per bet.
The second game is planned to be released in December 2019. This is Wild Lanterns slot, which is interesting because of its Flying Wilds feature. The Lanterns symbol flies over the reel in the basic and Free Spins mode and replaces regular symbols into Wilds. We call this feature Lanterns Boost.

What concerns us about NetGame company’s plan moving forward, I can answer this way: we’ve built up a team and accumulated experience. We’ve crafted an impressive library of games for a short time and a good few are still in the pipeline. We’ve started marketing and promotion via game shows. And very soon our brand and products will become known on the market. This is our plan 🙂

Thanks for your time Andrei, and we wish you all the best!!!

Continue Reading

Industry News

Future of Global Gaming Industry Moving into 2020 and Beyond

George Miller

Published

on

With sports betting and online casinos about to hit the USA in the big way, what does the future hold for the online gambling market?
Reading Time: 5 minutes

 

The iGaming industry is still growing as 2020 approaches, with existing trends continuing to show promising signs and emerging markets boosting overall revenues for the industry as a whole. According to reports, the global online gambling market was worth $46 billion in 2017 and is expected to be worth $87.75 billion by 2024. This represents a growth of more than double in the coming years.

Although these figures seem radical, a closer examination of the industry reveals a lot about the possibilities for additional online gambling revenues, especially in the USA and Asia-Pacific. When it comes to subcategories, sports betting takes the lead globally, and with the introduction of legalised sports betting in the USA, this is expected to create an online boom of its own. Online casino gaming follows as close second in the breakdown of market share.

Impact of Online Sports Betting

Photo by Pxhere // CC0 1.0

 

Sports betting is already an incredibly popular activity, with some estimates claiming that it accounts for around 40% of online gambling revenues. The major recent catalyst in this market, and one that is still impacting the rapid growth rate of the industry to this day, has been the legalisation of sports betting in the USA.

Following the overruling of federal law in 2018, it was left to individual states to regulate the online gaming landscape for themselves. Since then, business has been booming for those States which have got ahead of the curve with sports betting. According to the American Gambling Association, New Jersey handled around $250 million in sports bets in October of 2018, while Nevada took over double this, $528 million in the same month.

Online and mobile sports bookmakers can now be accessed in New Jersey, Nevada, Pennsylvania, Rhode Island, Iowa, Indiana and West Virginia, with more States expected to follow.

Europe is still the biggest sports betting market in the world, and the UK is still a major industry player. Both benefit from a mature and well regulated market. The future valuation for the USA is speculative, but estimates suggest that if 32 States joined the sports betting revolution the market would be worth over $6 billion by 2023.

Asia-Pacific is another huge market, and one that could expand if regulation and policy allows. Macau is the biggest gambling city in the world, even overtaking Vegas when it comes to bets and gaming revenues, though the activity remains forbidden throughout much of the region. The continent has a population of over 4 billion, and is undergoing beneficial shifts that could turn the tides of online gaming, such as increased disposable income and internet penetration.

This all points towards a rapidly growing and highly investable sports betting market, with opportunities not only for well-established bookmakers, but also for back-end companies like International Game Technology (IGT) and Bragg Gaming Group. The sports betting market is really just getting started in some major areas of the world, while in others it is still rapidly growing.

Online Casino Industry Still Booming

Photo by Envato // Envato License

Although online sports betting is by far the dominant market force, other segments are still holding strong in terms of revenue and growth. Online casinos represent the second largest subcategory by global revenue. In some countries, online casinos still represent the largest category for online betting. For example, in the UK, £2.6 billion of £4.5 billion generated online comes from online casino games, whereas £1.6 billion comes from online betting.

In Europe, the online gaming market is expected to grow from €19.9 billion in 2017, to an estimated €24.7 billion in 2020. Sports betting represents 40.3% of the market, while online casino gaming represents a significant 32.1% of the market.

As the industry is much more developed in Europe, major brands sit at the top of the market, and have had the opportunity to expand into multiple verticals. Due to rising competition in the sector some companies have focused on unique design elements. Many of the industry leaders operate in several verticals, such as online casinos, poker sites, bookies and bingo. 777 casino is a good example of how to design a unique great online casino around an interesting and surprising retro style of Vegas of the fifties theme.

The situation is very different across the water. The USA has had a complicated relationship with online casino gaming, but due to the recent changes in gambling legislation, the decision of whether to allow and regulate it has once again been left up to the individual State. So far, Nevada, Delaware, New Jersey and Pennsylvania have a limited number of online casinos available.

With the rapid rise of sports betting in the USA, and the revenue and taxes that it will generate, many anticipate that online casino gaming will follow.

States such as Michigan, Kentucky, West Virginia and South Carolina are all currently undergoing potential transformations when it comes to the online casino segment of the industry. If these states allow regulated sites, this will again increase the USA’s gambling revenues and overall global industry market cap.

Future of Online Gambling

Esports is one of the fastest growing online betting markets

As already discussed, the future of online gambling seems to lie not only with the continued growth of the more mature markets like Europe and the UK, but also with the current rapid expansion of sports betting and online casinos in the USA, as well as the potential opening up of the huge Asia Pacific market in coming years.

American sports are already very popular sports betting options with non-US citizens, and with US citizens who are legally able to sports bet. Sports like the NFL, NBA, MLB and NHL make up a full sports calendar of hundreds of games that will attract punters to betting stations. Expect an explosion of sports betting in the States.

Another surprising online gambling trend, and one that has yet to be mentioned here, is the growth of esports as a betting market. Esports has seen complete transformation over the last few years, and has now established itself as a serious competitive industry. It has even been compared to traditional sports, and in some nations, such as Sri Lanka, is officially considered as sport.

Gaming tournaments like Fortnite and DOTA2 International fill stadiums, pull in millions of viewers online, and offer millions of dollars in prize money to winners. Not surprising then that esports is one of the fastest growing betting markets. With its growing popularity, comes more opportunities for wagering at online bookies.

In fact, esports and traditional sports betting could be set to combine into an international boom that catalyses the entire gambling market.

Continue Reading

Latest News

Game Payment Technology engage Harris Hagan to advise on social responsibility

George Miller

Published

on

Game Payment Technology engage Harris Hagan to advise on social responsibility
Reading Time: < 1 minute

 

Game Payment Technology, (GPT) the bacta majority owned joint venture company launched in the summer, has engaged the services of leading industry law firm Harris Hagan to advise on its YALP cashless payments app. Harris Hagan, the only City of London law firm dedicated exclusively to the provision of legal services to all sectors of the UK and international gambling and leisure industry, will advise on the extensive social responsibility aspects contained within the YALP app as well as ensuring that it is fully compliant with all SR legal requirements.

Heralding the latest development in the YALP journey, Quentin Stott, Managing Director of Reflex Gaming and a bacta appointed member of the GPT board, said: “As the industry will testify, bringing new products to market within the gambling space is a complex and detailed process. Enlisting the services of Harris Hagan, named ‘Best Regulatory Law Firm of 2019’ by Gambling Compliance, will confirm to external stakeholders and customers that we are addressing the shift away from cash usage by the general public, in a compliant and socially responsible way.

“GPT is required to ensure compliance with all aspects of gambling law, including:- The Gambling Act 2005 (the “2005 Act”) and licensing objectives; The Gaming Machine (Circumstances of Use) Regulations 2007; The Explanatory Memorandum to the Regulations; The DCMS Regulatory Impact Assessment to the Regulations; and The Licence Conditions and Codes of Practice (the “LCCP”).”

He added: “YALP’s payment system architecture is highly sophisticated and robust. It features incredibly secure end-to-end encryption and enables the inclusion of important social responsibility messaging. We are building measures into YALP to ensure that the player can, for example, set spend and time limits, thereby taking greater personal control of their gambling activities.”

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.