Industry News
Why Online Casinos Are Here To Stay
Over the last few years, there has been a rapid increase in the number of online casino websites popping up. These will continue to become more widespread with all of the new online casinos 2021. These have been successful in gaining large followings from players all over the world. Whilst some people may think that these sites are simply a fad, there are, in fact, many reasons as to why they are here to stay for good. We have looked at some of these below in great detail.
Provide Greater Confidentiality
Some players like the idea of being anonymous whilst gambling. There are a number of reasons why this may be so, although one of the main ones is getting seen by someone within a gambling venue that you do not want to see you there. In a large casino, such as those found on the Las Vegas strip, it can be almost impossible to know who will see you whilst you are there. This poses a big privacy issue, especially for high profile people such as athletes, actors, and politicians.
However, by playing on an online casino, this is not an issue, as you are able to gamble away in the privacy of your own home. No one can possibly see you and such websites offer a good level of confidentiality, doing everything that they can to keep the identity of their customers private. As a result, no one will ever be aware of what your gambling habits are exactly.
Make You Spend Less
As anyone who has ever set foot in a store before can attest to, it is quite easy to go in with the aim of just getting one item and coming out with dozens of others instead. This is because they are filled with lots of tempting products and offers that will entice you into making a purchase/purchases. Casino resorts are very much designed in the same way, with there being present many things to tempt you from parting with your hard-earned money. These include luxury accommodation, fine dining, exotic drinks, and pulse-racing shows. None of these things are cheap and if you decide to indulge in them all, it can end up costing you a fortune.
However, playing at an online casino means that you do not have all these things to tempt you, thus meaning that you will spend less…at least on other things than gambling. To ensure that you do not gamble away more than what you can afford, most online casinos have betting limits in place, so that you do not get carried away and spend all of your money on one spin/hand / or throw of the dice. This is perfect for those individuals who are either on a budget or have a gambling issue.
Provide You With Bigger Bonuses
There are many online casinos out there that are known for providing big win bonuses to their players. Some even give out bonuses simply just for signing up with them. The bonuses and rewards come in the form of things like free spins or matching of sums deposited. Similarly, many provide players with generous loyalty schemes that offer benefits and regards the more that you play. However, these do come with certain terms and conditions that must be met in order to qualify for them. These often come in the form of specific wagering requirements and the like.
Because online casinos have much lower overheads and overall running costs than those with physical real locations, they can afford to pass these savings on to players in the form of larger and more generous bonuses. All the expenses that come with running an actual real casino, such as electricity, manpower, premises rent, water, etc. are all costs that are not relevant to online casinos. Over the space of a single year, these can build up considerably. Online casinos only need very few staff and the odd few pieces of equipment in order to keep their business up and running.
Accessible 24/7
Many people do not have real physical casino locations near them to go and play in. Therefore, being able to play your favorite games online provides for a much more convenient experience than driving for hours in order to reach your closest casino. This is similar to how online stores such as Amazon work, whereby you go to them because you cannot physically go to a store. To be able to access these online casinos all you need is a computer or mobile device that has access to an Internet / Wi-Fi connection.
Because of how many games these websites have on them, you would have to visit one of the large Las Vegas super casinos in order to experience the same amount of games. Doing this would obviously cost you more in travel and accommodation if you then decided to stay the night. However, for some individuals, travel is simply not something that they can do. This can be for a variety of reasons, including work or commitments at home.
Make gaming accessible for all
Anyone that enjoys gambling and playing games but has some sort of health or mobility issue can find getting to and making their way through some of the bigger gambling resorts a difficult thing to do. This includes people with anxiety problems, lung diseases, agoraphobia, muscle problems. Thanks to the prevalence of online casinos, these such individuals are able to play away and not have their health problems impact on their enjoyment of doing so.
Staying away from physical casino locations is actually good for everyone’s health as it stops you from eating excessively at the all you can eat buffets and get carried away at the bar. However, you must remember to take regular breaks when gaming on a computer screen as it is bad for your eyes and can cause fatigue. Getting up and stretching your legs helps to get the blood flowing and fight the effects of fatigue.
Industry News
LiveScore Group Announces Internal Restructuring as Part of Sustainable Growth Strategy
LiveScore Group has announced an internal restructuring process, expected to impact more than 100 existing roles across multiple business locations, including London.
The changes are seen as a difficult yet important step for LiveScore Group, streamlining the business to create improved structures and a pathway to long-term sustainable growth. All impacted employees have been informed and are now subject to a confidential consultation process.
Sam Sadi, CEO of LiveScore Group, said: “On behalf of all Directors of LiveScore Group, and the relevant subsidiary companies, we are saddened by the difficult decision to commence an internal restructure of the business, a process which impacts a significant number of our people.
“Whilst we celebrate our recent period of significant and exciting growth, we must now future-proof the organisation and ensure our internal structures allow us to achieve long-term and sustainable success.
“This is a hard time for all our people, as we say goodbye to colleagues who have played an important role in our journey across recent years.”
The announcement follows on from the recent news that LiveScore Malta Limited (part of LiveScore Group) is to withdraw its LiveScore Bet brand from the Netherlands following recent government tax increases in the market. The announcement includes those impacted by this. There will be no other customer impact in respect of any of the remaining LiveScore, LiveScore Bet or Virgin Bet sites globally.
Industry News
Pronet Gaming Appoints Alex Karaoulis as its New Commercial & Product Strategy Lead
Pronet Gaming, an award-winning platform provider of full turnkey solutions, announced the appointment of Alexandros Karaoulis as its new Commercial & Product Strategy Lead.
With over 14 years of experience in the iGaming industry, Karaoulis brings a wealth of knowledge and expertise that will be instrumental in driving the company’s strategic initiatives forward.
Throughout his iGaming career, Karaoulis has held various senior roles with B2B sportsbook and casino providers, as well as with B2C operators. His extensive background in marketing and sales within the iGaming sector positions him as a true industry expert, ensuring that Pronet Gaming remains at the forefront of innovation in a rapidly evolving market.
“I am thrilled to join Pronet Gaming and excited to fulfill my role in developing and executing sales strategies to drive the company’s revenue growth in key markets,” Karaoulis said.
With a track record in commercial strategies and driving product excellence, Karaoulis’ appointment is invaluable as Pronet Gaming now seeks to expand its footprint to Asia. His vision and deep understanding of the iGaming landscape equip him to navigate the unique challenges and opportunities that the dynamic region presents.
“I want Pronet Gaming to lead the iGaming revolution by providing innovative, culturally tailored solutions that cater to the diverse and rapidly growing demands of the region. Through strategic partnerships, cutting-edge technology, and a deep understanding of local markets, we aim to empower operators to offer world-class gaming experiences that engage players and drive sustainable growth,” he added.
According to Karaoulis, Pronet Gaming is poised to make a splash in Asia by leveraging its advanced technology, flexible platform solutions and deep market expertise while adapting to the unique characteristics of the region.
“The key differentiation point of Pronet Gaming is that we have B2C experience, which greatly aids in understanding the needs of operators and helping them to improve and execute their strategy according to the market. I have worked in B2C roles for more than seven years in my iGaming Career and managed campaigns across various channels, optimised conversion funnels, and learned to use data to improve player acquisition and retention,” said Karaoulis.
Karaoulis acknowledges that the marketing skills he has acquired from B2C experience are valuable in every B2B environment. As he dives into his new role at Pronet Gaming, Karaoulis aims to guide his operator clients on how to better market their own sites, including providing them with advice on effective acquisition strategies, content marketing and campaign structures that appeal to iGaming audiences.
“I also focus heavily on engagement strategies, loyalty programs, bonuses, and personalised offers to keep players active and returning. In my new B2B role, I will advise clients on best practices for player engagement, helping them adopt effective loyalty programs, personalised marketing, and retention tactics that drive player lifetime value to improve the end-player experience for our clients’ sites,” Karaoulis added.
Industry News
Vbet Wins Best Online Casino Operator 2024 at SiGMA Europe 2024
Vbet has been crowned the Best Online Casino Operator 2024 at the highly coveted SiGMA Europe event, cementing its position as a leader in the online gaming industry.
This achievement highlights Vbet’s commitment to providing an exceptional user experience by combining cutting-edge technology with a vast range of options and a secure process. The dedication to creating a responsible, enjoyable environment for players was recognised with this award, making this accolade even more significant. As Vbet continue to expand into new markets, the list of strategic partnerships grows alongside our constant drive to expand its offering. This award serves as a stepping stone on its path to reach more players and set new standards in the industry.
Arman Khachatryan, VBET’s Managing Director, said: “We are incredibly proud to receive the Best Online Casino Operator award at SiGMA Europe 2024. This recognition is a testament to the hard work, passion, and effort of our entire team. Our mission has always been to deliver the highest quality experience in the safest environment possible to our users. This award not only recognizes our dedication to this mission but also motivates us to continue expanding into new markets and territories.”
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