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Sportech Announces Key Changes to its Bump 50:50 Team

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Sportech Announces Key Changes to its Bump 50:50 Team
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Sportech PLC has announced key changes to its Bump 50:50 team. The changes include the promotion of Dave Kurland to the position of President.

Bump 50:50 is a leading provider of digital fundraising raffle solutions to philanthropic organisations with clients across the US and Canada, many affiliated with professional sports franchises.

Dave Kurland joined Bump in 2011 as its first Director of Business Development. Dave’s deep roots in professional sports, philanthropy and fundraising raffles greatly informed the design and execution of Bump’s successful growth strategy, helping the company grow from just one client in 2011 to over 120 today.

The Company also announced the elevation of key commercial team members to senior roles to align with Bump’s growth and online raffle expansion strategy.

Dennis Sampier has been named Vice President, Bump Nonprofit Division to spearhead the continued growth of Bump’s non-sports related charity clients. Dennis has been with Bump since 2015.

Jeff Schultz has been named Vice President, Bump Sports Division. In this role, Jeff will maintain the company’s focus on delivering innovative platforms and unmatched services for in-stadia and web-based 50/50 raffles that have produced record-setting jackpots for clients. He joined Bump in 2015.

The changes to Bump’s commercial team complement enhancements made on the technology side with the 2019 appointment of Bump CTO Matt Annis. Matt is one of the original architects of the GLI-31 Electronic Raffle Systems Technical Standard.

“We are delighted to strengthen our Bump 50:50 team with an unmatched group of specialists who, combined, bring decades of direct experience in the sports, raffle and nonprofit fundraising sector. This team have been pivotal to the growth of Bump. Their dedication to client service and product innovation aligned with the highest level of integrity continues to deliver impressive results and stronger relationships,” Richard McGuire, CEO of Sportech, said.

“Sportech continues to invest in Bump’s talent, technology and infrastructure and as a result the division is recording unparalleled client growth, particularly online and with nonprofit organizations. I can think of no stronger professional than Dave Kurland to lead the division and of no greater commercial and technical team of dedicated professionals to propel Bump 50:50 forward,” Richard McGuire added.

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Slotmill’s Money Jar out now!

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Slotmill's Money Jar out now!
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Slotmill today released its 16th video slot called Money Jar, which is a “Betty Boop” comic style inspired game with 46,656 betways. Money Jar is packed with features including respins, countdown wilds and a high-paced bonus game with a max win of 20,000 times bet!

Product Owner at Slotmill, Jamie Boyle comments; “With Money Jar we yet again push the boundaries of slot gameplay combining retro graphical format with new and innovative features that gives players a fast and exciting experience”.

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FeedConstruct Partners with NetBet Expanding Its Reach in the European Market

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FeedConstruct Partners with NetBet Expanding Its Reach in the European Market
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NetBet, a renowned sportsbook and casino operator, has recently joined FeedConstruct’s family of partners.

Through this partnership, NetBet will make use of FeedConstruct’s BetGuard product – an enhanced trading and risk management solution that minimizes the risks of financial losses of betting operators, ensuring higher profitability through secure trading operations.

“We are more than ever committed to our mission of arming our partners with reliable quality solutions that are meant to secure a balance between operational efficiency and player engagement. We are very glad to welcome Netbet, an operator with considerable reputation and presence, to our big family and expand our reach in the European market.” – says Artashes Sargsyan, the Deputy CEO of FeedConstruct.

This alliance is an exciting addition to FeedConstruct’s existing portfolio of partnerships with other companies in the sports betting industry. The company has long been focused on providing safe and secure experiences for its partners, so we’re excited to be working with such a well-known company as NetBet!

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Online Gambling Global Market Report 2022: Implementation of Blockchain, IoT and VR Technology Presents Lucrative Opportunities

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Online Gambling Global Market Report 2022: Implementation of Blockchain, IoT and VR Technology Presents Lucrative Opportunities
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The “Online Gambling Global Market Report 2022, By Game Type, Device, Component” report has been added to ResearchAndMarket’s offering.

The global online gambling market is expected grow from $73.42 billion in 2021 to $81.08billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The market is expected to reach $115.13 billion in 2026 at a CAGR of 9.2%.

The online gambling market comprises of revenue generated by remote gaming activities by means of the internet using desktop and mobile devices. The market includes gambling establishments developing online sports betting, casino, bingo, lotteries, and poker games, among others.

The main game types of online gambling are betting, casino, lottery, poker, online bingo and others. A lottery is a type of gambling in which numbers are drawn at random for a prize. The games are played in various devices such as desktop, mobile and others. The different components include software, services.

Asia Pacific was the largest region in the online gambling market in 2021. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the online gambling market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Increasing adoption of smartphones with improved internet accessibility is driving the online gambling market. Globally, the average use of mobile devices compared to desktop computers or laptops is significantly greater. In most countries, the mobile users account for about 80% of all users in the online gambling industry. According to the study published by the Gambling Commission, in 2020, the most common method of accessing online gambling remained mobile phones, particularly among younger people.

The online gambling laws vary wildly from one region to other. Most countries have their own local laws that deal with the relevant legal and regulatory issues. Countries such as the USA, have much more complex gambling regulatory process. Moreover, in countries like India, gambling is under strict control. With each individual country enacting different gambling laws, it’s tough to be familiar with them all.

Nevertheless, all gambling sites should be compliant with any laws that they are subject to, to ensure gambling sites are operated lawfully, ethically, and are safe. The established and reputable licensing authorities impose a strict code of conduct on the licensees, who have to adhere to the necessary regulations if they are to maintain their licenses. The strict and varying laws across the countries are likely to challenge the market growth.

Technologies such as Blockchain, IoT and VR are changing everything in every field including online gambling. Virtual Reality and VR Headsets have gained a lot of popularity in recent years and are revolutionary addition to the world of online gambling. With VR, one can actually enter into a virtual casino and play all the games without having to travel. However, fraud and cheating were majorly concerning the users in online gambling. A lot of online casinos and online gambling sites have been accused of not being transparent and hiding their internal workings and the methods for their dealings. These concerns can be addressed using blockchain technology. With blockchain technology, everyone will be able to see exactly what is going on behind the scenes.

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