Connect with us
SIS

Industry News

The future of slots machines with real money bets is related to online casino

George Miller

Published

on

Gamblers Switch from Sports Bets to Riskier Options During Coronavirus Lockdown
Reading Time: 2 minutes

 

Recently, slot machines were preferred by players who did not have much gaming experience or some kind of winning strategy, and they could not boast big money, but today the situation is radically different.

It is mobile devices that are changing the online gaming industry. Industry experts are pleased to note an increase in the number of 18-34-year-old players who have a smartphone and choose real money slots online.

Online casino slots real money
Online casinos are currently one of the safest gaming platforms on the planet and most of them are accredited. The increased security of gaming transactions allows players to relax while playing online on for real money.

About 80 percent of visitors to gambling establishments, whether it be a traditional casino or its online version, prefer real money slots. And all because it is easy and simple, you need to press a button or pull the handle, and that’s it – the process has begun.

So, in what direction will modern online slots for real money develop?

Traditional casinos will be closer than before. When online slot machines appeared in the mid-2000s, it was often said that the online version of the casino could now be in your living room. Of course, even today, we all know that an online casino cannot fully give the emotions that are available in traditional institutions, but with new technologies this moment is slowly but surely will be eliminated and soon, the only thing that will be missed is free cocktails.

Slots will become more realistic

If you compare the first online slots for real money with the options that the modern gambling market offers today, you will see a truly incredible result. Most of the new online slots for real money come complete with 3D graphics, character animations, and even storylines. Slots will soon reach an even higher level of realism.

Diversity of Scenarios

Companies involved in the development of online gaming machines will try to go beyond simply creating the options of slots that everyone loves. Instead, they will try to put players in different scenarios.

A new step in the development of real money slots and the online casinos themselves is VR technology. Computers have become much more powerful than they were 10 years ago and thanks to a relatively new invention, namely VR headsets, the capabilities of developers have grown significantly. Now users have the maximum immersion in the gameplay.

As you can see, every year the age of the average online player, slot lover is getting younger, because new technologies are developing by leaps and bounds and attracting more and more people to the world of gambling.

Advertisement Kasynos.Online
Click to comment

Industry News

Entain Appoints Jette Nygaard-Andersen as its New CEO

Niji Narayan

Published

on

Entain Appoints Jette Nygaard-Andersen as its New CEO
Reading Time: 2 minutes

 

Entain plc has appointed Jette Nygaard-Andersen as its Chief Executive Officer with immediate effect. Jette is currently an independent non-executive director of Entain.

Shay Segev, the outgoing CEO, will remain available to Jette, the Board and management until July 8, to facilitate an orderly transition.

In addition, Rob Wood, Entain’s CFO, will have the role of Deputy CEO added to his current role with immediate effect, and Sandeep Tiku, Entain’s Chief Operating Officer, will be appointed to the Board later in the year.

Barry Gibson, Chairman of Entain, said: “We are extremely fortunate to have such an outstanding candidate and readymade CEO in Jette. She is already deeply immersed in Entain’s strategy, and clearly shares our ambition to be the world-leader in sports betting and gaming entertainment.

“Jette and I have been immensely impressed by Rob. He is extremely well regarded internally and externally, and the additional responsibilities will enable him to further develop his operational skills as well as overseeing a key tenet of our growth ambitions through M&A.

“Sandeep has been integral to the development of Entain’s unique proprietary technology platform, which is a source of significant competitive advantage. His appointment not only reflects his contribution to the success of Entain but is also aligned with our aim to have a broader range of experiences and inputs on the Board.”

Jette Nygaard-Andersen said: “I am very excited to have the opportunity of continuing the extraordinary momentum that Entain has in its existing markets, as well as helping it enter new regulated markets and reach new audiences. I am delighted that Rob has agreed to take on broader responsibilities and that the importance of our proprietary technology is recognised through Sandeep’s appointment to the Board. I am deeply wedded to Entain’s commitment to providing industry-leading levels of player protection, and to its philosophy that the most sustainable business in our industry will be the most successful business in our industry. I cannot wait to get started.”

Continue Reading

Industry News

Dutch Gambling Regulator Imposes €600,000 Fine on Virtual Coin Gaming

Niji Narayan

Published

on

Dutch Gambling Regulator Imposes €600,000 Fine on Virtual Coin Gaming
Reading Time: 2 minutes

 

Dutch gambling regulator Kansspelautoriteit (KSA) has issued a fine of EUR 500,000 against the Curacao-licensed operator Virtual Coin Gaming (VCG) and a separate EUR 100,000 fine against an unnamed employee of the company for creating online games that the authority deemed to be games of chance.

VCG offered games via the websites www.futgalaxy.nl and nl.futgamer.com, which included online betting for football, hockey, and US sports, a FUT jackpot and game packs. Its online games were based on FIFA Ultimate Team (FUT), a card game that is part of the EA Sports FIFA video game franchise, in which players earned credits in the FUT video game either by purchasing these credits directly on www.futgalaxy.nl and nl.futgamer.com or by exchanging virtual currency earned in the EA Sports video game FIFA.

These game packs were a simulation of loot boxes found in the FUT-based FIFA video games in which players had the option to purchase six different packs with values ranging from 5000 to 100,000 credits. Highly rated soccer players were randomly added to the packs. Since the Dutch Betting and Gaming Act does not issue licenses for internet gaming, online games of chance are forbidden in the Netherlands.

Since 2018, in response to research that revealed a link between loot box games and gambling addiction, the KSA has focused on loot boxes, particularly in-game packs in FIFA video games.

The KSA pointed out that online games of chance violate the Betting and Gaming Act. According to the KSA, it was clear that this was a case of an unlicensed operator that specifically target Dutch consumers through the use of the Dutch language, the .nl domain extension and the use of the Dutch payment system iDEAL.

The KSA deemed the VCG game packs to be games of chance. Research carried out by the KSA in January 2019, bolstered by announcements on the websites themselves, revealed that participants generally are not able to predominantly influence their chances of receiving prizes from VCG loot boxes. The KSA also referred to a decision of the court The Hague of 15 October 2020 regarding Electronic Arts, which ruled that in-game packs (i.e. loot boxes) inside FIFA video games constituted games of chance.

Continue Reading

Industry News

Vermantia Signs Content Deal with Caspian Tech

Niji Narayan

Published

on

Vermantia Signs Content Deal with Caspian Tech
Reading Time: < 1 minute

 

Vermantia, a leader in omni-channel content solutions, has extended its partnership with Azerbaijan’s state-licensed operator, Topaz.

The deal sees Caspian Tech provided with premium live racing betting content from the supplier’s market-leading Ultimate Live Greyhound Channel via its integration into the Vermantia CONNECT platform. On Caspian Tech’s behalf, Vermantia will set-up, and operate the bespoke satellite channel across its 500-strong Topaz branded shop estate.

“Caspian Tech represents a very important partner for us and I would like nothing more than to see us expanding our collaboration together. Topaz customers are now able to enjoy top quality live racing content, complete with high-definition pictures, a powerful bet acceptance system and a full data service,” Spyros Stavropoulos, Commercial Director at Vermantia, said.

“CONNECT has proven to be a game-changer in other markets already, combining the highest picture quality with genuine low-latency in a cost-effective solution that allows the operator to choose exactly what content they need,” Spyros Stavropoulos added.

“Our partnership with Vermantia meets both our quest for a trusted partner with an international content distribution experience and our goal to offer fast-paced and exciting betting products to our customers,” Mustafa Onder, Deputy Technical Director at Caspian Tech, said.

“We are very excited to be launching an upgraded service which we believe will prove to be an immediate hit, and no doubt enhance our retail offering with exciting action-packed betting opportunities,” Mustafa Onder added.

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay Entertainment

Subscribe to our News via Email

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

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.