Latest News
Native Gaming Seeks to Break The Mould With a Decentralized Private Island Resort & Online Casino
Native Gaming has just launched an innovative new site on nativegaming.io that combines Casino, Live Casino, eSports, Sports Betting, Idle Games, with a complete financial ecosystem, gamification and community of “Natives” in a way that has never been seen before in the iGaming industry. Not only this but there are also plans to create a land-based casino and resort on a private island in the Caribbean which will seamlessly be integrated with the online platform to give their customers a complete gaming experience.
The financial ecosystem at Native Gaming is the first-of-its-kind and leverages the gaming business models with a Smart-Society of “Natives” (Stakeholders) that earn passive income from Gross Gaming Revenue.
The product itself combines predominantly proprietary systems with the BetConstruct platform to deliver a new, unique offering to players with 5,000+ casino games and real-time betting lines on over 40,000 sporting events per month.
Native Gaming CEO, Justin McCool, had this to say about the product and the launch: “Native Gaming was designed to be more than just another online casino. Whether you’re staying at the private island resort, gambling in the casino, or investing in the bankroll, the Native Gaming platform quickly sets itself apart.
We believe that by decentralizing the ownership in the casino and thereby transferring the gross revenue directly to our community, we can begin to reshape the passive income investment landscape. A token that is generating passive income from gross gaming revenue has the potential to be far more lucrative than other popular passive income investments like rental properties, dividend stocks, and masternode coins. Our platform leverages the security and transparency of blockchain technology to provide an equal opportunity to everyone. The value proposition is the same whether you’re a struggling student staking $10 or a billionaire staking $10M.”
Interestingly, the Native Gaming platform also provides an investment opportunity not only to the users, or “Natives”, through passive income, but also to business investors. However, this is not your typical investment where you would have a company selling their stock in funding rounds to raise capital or as a means of realizing profits for existing shareholders.
Native Gaming “Investors” would more accurately be called stakeholders since they are not buying equity from the company (as there is NO equity owned by the company). As a new stakeholder deposits $10 or $10M their funds go into the Smart-Contract Bankroll and new Bankroll tokens are minted by the Smart-Contract. As Casino revenue is generated it is used to purchase bankroll tokens from the smart-contract bankrolls and then distributed to the stakeholders. The intuitive smart-contract bankrolls provide a dynamic price offering by scaling token price for every bankroll token bought and sold. This means that as new funds come into the bankroll, either from casino revenue or outside investment, the global price per token is steadily increasing. Bankroll tokens are directly redeemable for the funds sitting in the bankroll at all times making it a very liquid form of investment and as gross revenue is distributed in real time to the stakeholders in the casino, it means that all business overhead costs have absolutely no impact on stakeholders.
Industry Awards
Blask Wins Prestigious “Startup of the Year” at 2024 Starlet Awards
Blask, the pioneering AI-powered analytics ecosystem for iGaming, has been named “Startup of the Year” at the prestigious 2024 Starlet Awards. The company earned this recognition for developing a groundbreaking market intelligence platform that has redefined how gaming operators leverage data and market insights.
Award Recognition
The award confirms Blask’s revolutionary approach to market analytics and its significant impact on how iGaming companies access and utilise market intelligence. Powered by AI models including Computer Vision and Natural Language Processing, Blask analyses billions of data points across 2000+ active brands to provide unprecedented market insights.
The Starlet Awards recognition follows Blask’s recent SiGMA Asia Startup Pitch 2024 Award victory. “Winning these awards affirms our belief that innovation and bold ideas can reshape the iGaming landscape. The recognition underscores the impact of our cutting-edge AI technology and our relentless pursuit to transform data into actionable insights”, reflects Max Tesla, CEO and Co-founder of Blask
Blask provides operators with a strategic edge across multiple critical areas. Its real-time market analysis capabilities deliver instant access to crucial market metrics, while the high-granularity data available at one-hour intervals enables swift, informed decision-making. The sophisticated AI modelling system estimates GGR and FTD by analysing a comprehensive range of inputs, including historical data, third-party OSINT data, market performance, competitor metrics, historical brand performance, market reports, and public company disclosures.
Beyond analytics, Blask offers robust brand monitoring and competitor analysis tools, alongside strategic and tactical planning capabilities particularly valuable for market entry decisions and maximising performance during major events. The recently introduced customer profile feature harnesses AI to generate detailed, country-specific user profiles, adding another layer of strategic insight for operators.
Latest News
CONCEPT: VERSATILITY AND EFFICIENCY IN SPACES
The CONCEPT cabinet line has been designed to maximize space in casinos, adapting to any configuration. Its efficient design allows for different bank arrangements, making the most of the available area. This gives operators greater flexibility in organizing their gaming floor.
Additionally, the integrated LED strips in CONCEPT eliminate the need for extra signs or wedges, creating a sleek and attractive visual at all times.
Asia
Red Bull, Nissin Cup Noodles, and Kreo Join College Rivals Season 2 as Associate Sponsors
India’s premier college esports and gaming talent hunt, College Rivals, has secured three major Associate Sponsors for its highly anticipated Season 2. Nissin Cup Noodles, Red Bull, and Kreo have all come on board to support the Ampverse DMI-conducted event, each contributing their distinct energy and enthusiasm, as the official Energy Partner, Snacking Partner, and Kreative Partner, respectively.
College Rivals Season 2, featuring participation from over 2,00,000 students across various competitions, offers a prize pool of INR 50,00,000 and a prestigious professional gaming contract. Having kicked off in July 2024, the championship will continue in the following months before culminating with a Grand Finale scheduled for the first quarter of 2025.
“We’re thrilled to welcome top brands like Nissin Cup Noodles, Red Bull, and Kreo to College Rivals Season 2, which has grown exponentially this time around and is bigger and better than ever. These incredible partners will further enhance the student experience with immersive gaming, exciting activities, and creative engagements, adding new energy and thrill as we continue to inspire college-going students to engage with esports and gaming opportunities,” said Ashwin Haryani, Country Head, Ampverse DMI.
Red Bull, returning to College Rivals after a successful first season, brings extra excitement with their racing simulators and product samples in interactive zones, giving students a taste of the fast-paced energy of Esports. Nissin Cup Noodles, the event’s Snacking Partner, is bringing a flavorful twist to the action. With wet product sampling of their instant noodles, Nissin Cup Noodles seamlessly blends snack breaks with gaming.
Meanwhile, with their branded gaming peripherals, Kreative Partner Kreo is hosting interactive activities such as typing tests and giveaways, inviting students to engage with top-tier gaming gear at the country’s biggest collegiate gaming event.
“We’re absolutely fired up to be part of College Rivals Season 2! The energy is electric, with thousands of students from all over the country bringing their A-game. The fast-paced action, intense competition, and pure thrill of gaming make this event a perfect match for Nissin Cup Noodles which is the go-to snacking option for gamers” said Varun Oberoi – Vice President, Head of Marketing and Corporate Communications, Indo Nissin Foods.
Having expanded to 20+ cities and 58+ colleges, College Rivals Season 2 is engaging 11,00,000 students across India, providing the ideal stage to connect with brands that resonate with them. Nissin Cup Noodles satisfies with its instant snacks, Red Bull keeps the energy high with its action-packed drinks, and Kreo connects creative minds with top-tier gaming gear.
-
Asia6 days ago
NODWIN Gaming partners with Japanese gaming company KONAMI for ‘eFootball Diwali Showdown’
-
Australia6 days ago
Australia’s BetStop Receives International Regulatory Award
-
Industry News7 days ago
Brazilian Ministry of Finance and IBIA sign sports betting integrity agreement
-
Latest News6 days ago
BETBY WELCOMES MAGNUS CARLSEN AS GLOBAL BRAND AMBASSADOR
-
Compliance Updates6 days ago
KSA Imposes a Fine of €675,000 on NetX Betting Limited
-
Asia5 days ago
Revenant Esports and Team XSpark Join Forces to Form Revenant XSpark, ScoutOP Revealed as Brand Ambassador
-
Central Europe6 days ago
NOVOMATIC builds the Group’s largest photovoltaic system in Lower Austria
-
Latest News6 days ago
Videoslots Launches DBET in Sweden with International Tipset Pools