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Portugal iGaming Companies Post Highest Ever Revenue in Q4 2019

Niji Narayan

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Portugal iGaming Companies Post Highest Ever Revenue in Q4 2019
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The regulated iGaming operators in Portugal posted their biggest ever quarterly revenue in the quarter spanning the last three months of 2019. They have amassed a quarterly revenue of €65.4m in the quarter, fueled by a 55 per cent hike in sports betting year-on-year.

The overall turnover reached €1037.5bn, a new record in the history of the country’s gambling and betting industry.

The final quarter performance from dot.pt operators boosted the annual total for 2019 to €215.2m, a 41 per cent increase year on year.

Online casinos contributed about €35m (55 per cent) of the €63.1m added during the year, with sports betting brought the remaining €28.2m (45 per cent).

Slots continued their dominance of casino activity in the final quarter of 2019, accounting for 69 per cent of turnover, ahead of roulette with 13.6 per cent, blackjack with 8.1 per cent, poker right games with 6.5 per cent and tournament poker with 2.8 per cent.

Football accounted for 75 per cent of betting turnover, well ahead of basketball with 13.3 per cent.

Bitcoin

Bitcasino Enables TronLink Browser Extension to Bring Users Secure Deposits and Withdrawals

George Miller

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Bitcasino Enables TronLink Browser Extension to Bring Users Secure Deposits and Withdrawals
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The world’s first licensed Bitcoin-led casino operator, Bitcasino, has integrated the TronLink browser extension, giving its players the option to seamlessly deposit and withdraw TRON.

The TronLink extension allows Bitcasino players to access the TRON (TRX) blockchain on their browser, enabling the deposit and withdrawal of funds, in a safe, and secure manner. TronLink protects the user’s funds and private key but will still allow interaction with the blockchain, without the need to share one’s private key first.

For the extension to work, players need to be logged onto their Bitcasino account and extension. Bitcasino account deposits are instant, and withdrawals are deposited to players’ wallets within only a few seconds. The TronLink extension can be downloaded from the browser web store.

Tauri Tiitsaar, Director of Bitcasino, stated that: “Crucially TronLink offers our players both security and speed with deposits and withdrawals; it is the next innovative step in ensuring our players have the best possible experience with Bitcasino. Gone is the need to deposit or withdraw TRON to hardware wallets, open an app on your phone or any other website. Players can easily manage their instantaneous deposits and withdrawals without any extra hassle.”

Last year, The Coingaming Group, (Bitcasino and Sportsbet.io) entered into a partnership with the Tron Foundation, which saw TRX accepted for deposits, bets and withdrawals on both sites.

 

About Bitcasino:

Founded in 2014, as part of the Coingaming Group, Bitcasino has an expansive, quality casino product featuring more than 2,000 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

 

SOURCE Bitcasino

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Central Europe

Synot Games Teams Up With Tipsport Sk To Provide Top Games For Slovak Players

George Miller

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Synot Games Teams Up With Tipsport Sk To Provide Top Games For Slovak Players
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A total of 16 new online casino games have just been launched on Tipsport SK. They contain the best titles of the whole SYNOT Games portfolio. Players can find hits like Respin Joker, Book of Secrets, Fruit Awards among them.

Slovak players already enjoy SYNOT games on other online casinos in Slovakia; however, this is a chance for them to play it with the most dynamic and fastest growing operator on local market – Tipsport SK.

“With each passing day since the new online gambling legislation in Slovakia we are getting stronger foothold on the local market.We are looking forward to this partnership as it is close to our home development team. SYNOT Games is proud to provide top-rated games to the Slovak players on Tipsport.sk. We also believe that this partnership will prosper well and open new doors for further cooperation” Ivan Kodaj, CEO of SYNOT Games.

Other released titles are Blazing Ice, Fruits ‘n’ Fire, Gem-O-Rama, Golden Myth, Hell Mania, Alchemist’s Gold, Fire Witch, Dragons of Fortune, Hunter’s Spirit, Joker 40, Joker’s Five, Moonlight Fortune and Vampire Bride.

“This year Tipsport SK has already surpassed one of its main rivals in market share and our aim is to become Nr. 1 by the end of the year. Popular, high quality titles of SYNOT Games are very important element in this bold endeavour” Martin Tabák, Director of Tipsport SK.

About Tipsport SK:
The original company was purchased by the Czech company Tipsport, which is among the largest and most successful sportsbooks in Eastern and Central Europe, and from 2006 also represented in Slovakia. The Company operates a total of over 600 branches throughout Slovakia, which is among the largest sportsbooks in the territory of the Slovak Republic.

About SYNOT Games:
SYNOT Games is an established content supplier with a growing market presence, licensed by the Malta Gaming Authority and certified in markets across Europe. The games are already certified in a number of jurisdictions including Spain, Italy, Portugal, Sweden, Denmark, Latvia, Lithuania, Czech Republic, Slovakia, Croatia and Malta. Our comprehensive portfolio boasts with more than 50+ exciting titles, available in 25 languages and live in over 100 casinos.

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Industry News

IDnow supports German-wide organisation “Wir gegen Corona” (We against Corona) with free identification of volunteers

George Miller

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IDnow supports German-wide organisation "Wir gegen Corona" (We against Corona) with free identification of volunteers
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IDnow, a leading provider of Identity Verification-as-a-Service solutions with more than 250 customers in Europe, supports the initiative “Wir gegen Corona” with free identity verification.

“Wir gegen Corona” is a Germany-wide initiative that helps people from risk groups to cope with their daily lives in domestic isolation. Voluntary helpers are placed on the Internet platform wirgegencorona.de and via a hotline to take over grocery shopping and other errands. To protect them from possible fraudsters, the identity of the volunteers is currently being checked manually. This can now be automated with the help of IDnow.

In order to enable the organisation to grow fast and to professionally verify ID cards, IDnow will support this process pro bono with its AutoIdent solution based on Artificial Intelligence (AI). AutoIdent is a simple, intuitive product that checks the security features of the badge and matches the ID card image with the corresponding person.

“We are very pleased and proud to support the project Wir gegen Corona. Our product makes a valuable contribution to a great initiative that helps people in need in this difficult situation”, says Andreas Bodczek, CEO of IDnow.

“To ensure that we are able to place trustworthy people, we rely on a clean identity check. Thanks to IDnow, we now have the opportunity to verify the many helpful volunteers quickly, safely and easily. This allows us to effectively prevent fraud while continuing to grow rapidly. We are very happy about the support from IDnow”, says Thorsten Kud, initiator of the platform.

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