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Things to Know Before Gambling Online

George Miller

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Things to Know Before Gambling Online
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Online casinos are revolutionizing the gambling world. They’ve become very popular over the last few years. Although they are reaching peak status during these times, casino sites are not new to the market. The first sites like them appeared back in 1994. Microgaming is the company that created the first software for online casinos that year and then they created the first mobile casino software in 2004.

At first, online casinos weren’t popular because people didn’t trust them. Safety and fair-play were some of the issues that the sites had to deal with, apart from the domination of the land-based casinos. As you can see now, all of that is changed. Statistics show that online casinos have an $80 billion annual revenue, and that number is expected to top $100 billion by 2024. In Europe, the best market for online casinos is the United Kingdom.

Since this type of gambling is so popular these days, we decided to explain some things that you need to know before making your first wager at these sites.

Is It Allowed in Your Country?

Logically, gambling restricted in many countries in the world. Some of them allow gambling at land-based casinos but hold a restriction for online gambling. Some European countries where gambling online is restricted are Greece, Turkey, the Netherlands, and Albania.

The problem with the restrictions is that governments have trouble regulating these activities. There are many ways to hide your IP address and make it seem like you are accessing online casinos from another country. Governments are yet to respond to this problem.

Is the Site Licenced?

This is a key factor to check if you want to know whether the site is eligible to play or not. Every country that legalized online gambling has commissions that issue licences and regulate online casinos. If the casino sites are licenced by some legitimate and real commission, then you are safe to play games and leave your account information.

Profits Have Processing Times up to Several Days

Usually, every winning has a processing time of 2-3 days. The money goes through numerous verification processes to make sure that everything is legal. But, the processing time can vary, depending on the chosen method of withdrawal.

This is completely normal, but the waiting time sometimes can be as long as 2 weeks, which is a bit long for someone impatient. Nevertheless, this is a standard procedure because online casinos want the money to be transferred to the right person.

It Has Advantages over Land-Based Casinos

Let’s explain how people started to favour online casinos over land-based ones. For starters, online casinos are the front in the battle against theft and corruption. They invested a lot of money in the latest SSL-encryptions and Random Number Generators to make their sites safe to play and give every player an equal chance of winning.

They are also easily accessible – all you need is a computer/phone with a stable Internet connection. You can enjoy the best casino games in the comfort of your home or any other place. To make things even better, their services are available 24/7.

Online casinos also have tons of promotions in store for every player. Free games, bonus on winnings, Welcome Offers for new players, Loyalty Programs for the more loyal players, etc. In short, they are keen to reward the people who play on their sites in every way possible.

Industry News

Digitain Appoints Peter Nolan as its New Strategic Consultant

Niji Narayan

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Digitain Appoints Peter Nolan as its New Strategic Consultant
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Casino platform provider Digitain has appointed Peter Nolan as its new Strategic Consultant. Peter Nolan is having more than 20 years of experience in the iGaming industry.

Peter’s responsibilities at Digitain will include managing media relations, as well as consulting on B2B marketing, sales and business strategy.

“Digitain is a renowned market-leader with a widely acclaimed offering, and I’m immensely proud to join such an enthusiastic and skilled team as their Strategic Consultant. I look forward to helping the Digitain team consolidate the remarkable achievements to date, and help them to drive innovation, improve quality and deliver best-in-class customer satisfaction,” Peter Nolan said.

“With a wealth of experience working internationally for some of the industry’s most established businesses, we are thrilled to welcome Peter into the Digitain family. The knowledge and experience he brings to Digitain, gained in a corporate environment and also as a consultant, will deliver fantastic added value to our teams and business,” Suren Khachatryan, CCO of Digitain said.

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Industry News

IBIA and Speel Verantwoord sign cooperation agreement on betting and integrity

George Miller

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IBIA and Speel Verantwoord sign cooperation agreement on betting and integrity
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The International Betting Integrity Association (IBIA) and the Netherlands online gambling trade body Stichting Speel Verantwoord (SSV) have signed a partnership agreement providing a framework for cooperation and coordination between the two bodies. The memorandum of understanding (MoU) will see the associations work on projects aimed at promoting and establishing viable regulated betting markets with high consumer channelling and related consumer, sports and operator integrity protection measures. Joint activity will be particularly focused on the Netherlands as it moves towards the opening of its online gambling market from mid-2021.

Peter-Paul de Goeij, Managing Director of the SSV, said “There are a significant number of companies that are members of both associations and there is clear benefit for our two bodies from working closely in the lead up to the introduction of the remote gambling law. Whilst both associations welcome the opening of the market, the law places a number of restrictions on certain betting products on integrity grounds, which both the SSV and IBIA have questioned; there is a general concern about the impact on consumer channelisation and market viability.”

Khalid Ali, CEO of IBIA, said: “The Netherlands law presents a number of opportunities and challenges for operators concerning the availability of betting and related integrity issues. We will be seeking to work closely with the SSV to establish a working relationship with policymakers and other stakeholders to discuss those issues in more detail and to ensure that the market opening is successful. This includes supporting the licensing requirement for all sports betting operators to be a member of an integrity monitoring body, and where the Dutch law specifically mentions IBIA as a best practice model.”

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Industry News

Triple Cherry closes casino supply agreement with SekaBet

George Miller

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Triple Cherry closes casino supply agreement with SekaBet
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Triple Cherry, the video slot supplier company, continues its expansion around the world. SekaBet casino welcomes Triple Cherry games thanks to the signing of a significant deal between both companies.

Triple Cherry has a proven experience developing casino games, this fact is reflected at the developer’s portfolio. Each slot has a story behind and this is what the company wants to transmit through the detailed graphics, animations, maths and music.

SekaBet users will have the opportunity to enjoy the entire portfolio of video slots from Triple Cherry among which are the latest titles such as Starfall Mission, Carnaval do Rio or Monsters fear Bullets.

Juan Antonio Galindo, CEO of Triple Cherry commented: “​We are really pleased with this collaboration.The work by the SekaBet team has been very efficient and fast at all times. We are excited to have a place in this great casino and we hope to continue working together for a long time. ​”

Andreas Zimmerman, CEO of Sekabet said “​We are very happy to include Triple Cherry Slots in our wide range of Casino products. We are sure that our players will choose Triple Cherry Slots over others as they have a great quality product. I also would like mention that Triple Cherry Slots have been great to work with throughout the integration process, and we hope to enjoy a long and successful relationship as we grow our businesses together​.”

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