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Enter the Dutch market faster with Maxima Compliance’s certified DataVault solution

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Maxima DataVault expands into Spain with game-changing SAFE solution
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Operators and games providers can significantly reduce the time it takes to enter the newly-regulated Dutch market with Maxima DataVault’s Control Database solution.

The Control Database (or CDB – Controle DataBank for the Kansspelautoriteit) is a mandatory component of the platform for any B2C business wishing to obtain a licence to operate online games of chance and sports betting in the Netherlands.

The functionality is similar to that of other European DataVaults – including the French, Spanish and Danish SAFE – with the difference that the Dutch Control Database needs to be built to the unique specifications of the Dutch authority and be physically located in the Netherlands.

Maxima saves you months of research and internal development by providing a solution that integrates easily and quickly with your operator platform, is hosted on Dutch soil, and is fully managed on your behalf.

Maxima DataVault has been certified by an independent laboratory, authorised by the KSA, which means that you won’t have to pay to obtain your own CDB certification, nor waste precious time going through the certification process yourself.

The product is built by the industry experts behind Maxima Compliance, drawing upon unparalleled experience working closely with both regulators and gaming businesses.

Antonio Zanghi, CEO of Maxima Compliance, the company that has engineered the DataVault, said: “With our technical compliance consultancy services and our proprietary DataVault, we are taking operators and suppliers by the hand and walking them into the Dutch market in a fraction of the time that it would have taken them.

“As the market opens, in September, you will come across licensed operators that are entering a regulated European market for the first time. This has only been made possible by the support that Maxima has provided to them, by making their platforms compliant with Dutch regulations, and by integrating them to our DataVault.”

Filippo Ferri, Chief Commercial Officer of Maxima Compliance, added: “Online gaming operators and B2B gaming suppliers that are looking to enter the Dutch market should be reaching out to Maxima Compliance right now. If you want to be among the first operators to offer your services in this newly regulated market, our experience, support and DataVault solution are the quickest way to get there.

“It is also worth remembering that Maxima can provide a DataVault solution for all regulated markets that require one, including Denmark, Spain and the soon-to-be regulated German online gaming market. So, whichever European market you are looking to target, our combination of technology solutions plus technical and regulatory support will get you there faster.”

Maxima DataVault launched in May, providing a platform capable of receiving XML and JSON data from operators and game suppliers, and saving this data in the correct format required by local regulators across multiple jurisdictions.

Asia

Penta Esports launches “Penta Challenge” Valorant tournament on its new platform

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Penta Esports launches "Penta Challenge" Valorant tournament on its new platform
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Penta Esports, the esports division of Newgen Gaming has announced its upcoming tournament titled, ‘Penta Challenge – Valorant’, supported by Facebook Gaming and Trinity Gaming. This tournament will be a part of Penta Esports’ newly launched IP, ‘Penta Challenge’. Taking place from 5th to 24th October, the tournament has a prize pool of ₹5,00,000 and will have two open qualifiers between 5th to 10th October and 12th to 17th October, followed by a Grand Finale where 2 teams from each qualifier and 4 invited teams will battle it out for the winner’s title.

The registrations for the tournament started on 24th September and will go on till 8th October on Penta Esports’ newly launched platform. Matches will be broadcast quarter finals onwards for qualifier 1 and 2, while all matches from the Grand Finale will be broadcast. The matches will be available for streaming exclusively on Penta’s Facebook Page. Says Penta Esports CMO Akshay Paul “We’ve always had the vision to bring opportunities to the player and amazing viewing experience to the spectators and our newest IP, Penta Challenge, is a step in that direction. While we’ll start with Valorant, going forward, we will have the Penta Challenge for multiple game titles.” Trinity Gaming founder and CEO Abhishek Agarwal says, “We’re always on the lookout for good partners to be able to bring tournaments like these for the Indian esports community. Our vision is absolutely in line with the team at Penta Esports and we’re sure this is going to be an amazing event!” This event will also mark the launch of Penta Esports’ platform, pentaesports .com. The platform will be a one stop destination for all things esports, including match schedules, match results, VODs of tournaments and leagues, content, news, announcements and much more.

The platform will allow users to discover and register for tournaments. It will also allow teams to create recruitment posts and players to find teams. This will enable a lot more players to participate in tournaments for team-based game titles.

Penta Esports head of esports, Kiran Noojibail said, “We’ve been working on this platform for a while and it feels rewarding to launch it for everyone. We wanted to create a platform for Indian esports players and enthusiasts, which encompasses all major aspects of esports. Penta Challenge – Valorant will be the first tournament for our platform and we look forward to building a strong community through the platform!”

Founded by industry veterans Anurag Khurana, Kiran Noojibail and Akshay Paul, Penta Esports aims to disrupt the ecosystem in India with a holistic approach towards the sector, including leagues, tournaments, content and much more.

Prize Pool for the tournament:

Prize Pool

₹5,00,000

1st

₹2,25,000

2nd

₹1,25,000

3rd/4th

₹50,000

3rd/4th

₹50,000

5th-8th

₹10,000

5th-8th

₹10,000

5th-8th

₹10,000

5th-8th

₹10,000

Top Fragger of Grand Finale

₹10,000

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Industry News

Patrick Svensk Resigns as Chairman of Betsson

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Patrick Svensk, Chairman of the Board of Betsson AB (publ), has informed the Nomination Committee that he is resigning from Betsson’s Board of Directors and the assignment as Chairman with immediate effect. The Board has appointed Johan Lundberg, currently a member of Betsson’s Board, as the new Chairman.

Patrick Svensk has been a member of Betsson’s Board of Directors since 2005, and Chairman of the Board since 2017. The decision to resign from Betsson’s Board of Directors is based on the fact that the company’s major shareholders have stated that they no longer have full confidence in Patrick Svensk as Chairman of the Board. The lack of full trust is due to how the dismissal of the CEO was handled, which the company communicated in a press release on September 17, 2021.

“It is very sad, and I am sorry that I have disappointed our major owners, but I have done what I thought was best for the company. I am proud of what we have achieved during these years and wish everyone at Betsson great luck in the future,” Patrick Svensk said.

Johan Lundberg, who has been appointed as new Chairman by the Board, has been a member of Betsson’s Board since 2018. Johan Lundberg is the founder of NFT Ventures and a Board Member of Loomis, Svolder and Ölands Bank.

“I would like to extend a warm thank you to Patrick Svensk for his valuable contributions to the Board for almost 17 years. I look forward to continuing the work with the rest of the board to recruit the next generation of international leader to Betsson and at the same time complete the strategic work that is going on with renewal and growth,” Johan Lundberg said.

The Chairman of the Nomination Committee Michael Knutsson has expressed full confidence and support for the remaining Board members and its election of a new Chairman and supports the decision to seek the next generation of international leader for Betsson.

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Industry News

Holland Casino Expects Gains in H2 2021

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Holland Casino is preparing for recovery after a rough first half of the year, having been forced to close for more than 5 months due to measures taken against the COVID-19 pandemic.

As anticipated by the Dutch state-owned company, the extended closure had a negative impact on its financial results for the first half of the year. But as its 14 branches have been operating again since June 5, the operator now expects to post positive results for the second half of 2021.

Turnover achieved in June shows that Holland Casino will soon be able “to operate in a healthy manner” again. Moreover, after having completed “necessary restructuring,” the company expects to become a more efficient and agile organisation, according to a press statement released on Wednesday.

Turnover for H1 2021 posted a low €28.8 million. Net results for tax purposes amounted to a loss of €64.8 million, compared to a loss of €37.8 million over the same period in 2020, in which the company remained open for several months.

“Although Coronavirus also hit our company head-on in the first half of 2021, notably our anniversary year in which we celebrate 45 years in business, we still look ahead with confidence. All in all, Netherlands was deprived of legal casino offer for almost a year, but now that the measures are disappearing little by little, recovery is in sight,” Erwin van Lambaart, CEO of Holland Casino, said.

“We see bright spots in the potential offer of online games of chance as of October 1, for which we have applied for a license, and the opening of our new world-class casino branches in Venlo and Utrecht,” van Lambaart added.

CFO Ruud Bergervoet considers that having sufficient liquid assets in the past six months was key to the company getting through the difficult period of closure. That, along with the NOW scheme, the deferral of tax payments, strict cost control measures and tight operation management, led to the company being able “to safeguard the continuity” of its operations over the past year and a half.

“The significant tax debt of €190.5 million is offset by a strong liquidity position without bank debt. We are therefore considering paying off this tax debt more quickly if no new Coronavirus measures are introduced and the recovery actually continues. The results after June are promising in that regard,” Bergervoet said.

Despite all branches now being open, certain pandemic measures are still being enforced, and Holland Casino is receiving guests at limited capacity in its gambling venues. The company expects that these measures will be phased out, with the hope to open at full capacity and without restrictions “towards autumn.”

“We are also looking forward to the reintroduction of poker, live bingo and our NXT zones so that gaming can really be experienced together again. We also hope to be able to offer our bars and restaurants after midnight, which currently all close at midnight,” van Lambaart said.

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