Latest News
Bow down before the queen in Phoenix Queen: Hold ‘N’ Link by Stakelogic
Latest slot to leave provider’s Greenlogic® production line has been developed in partnership with Net Game Entertainment
Malta: 5th May 2022 – Stakelogic & NetGame Entertainment portray the mythical power of the phoenix in their latest release, Phoenix Queen Hold ‘n’ Link.
This 5 star volatility game was designed to remind the world of the powerful being that is the phoenix. The game’s design focuses heavily on myths and the allure of the former which truly brings magic into every spin.
The Lotus and Queen symbols are the main symbols of the game. As for the regular symbols found here, the player will instantly be drawn to the Money Tree and a few different bird symbols with unique color schemes.
The bird theme is yet another prominent feature of the slot. The combination of magnificent colors and unique designs makes the game truly one of a kind.
The base game includes Wild symbols that substitute the highest paying symbols in winning combinations. Additionally, the Base Game also allows the player to trigger bonus features of the game. For instance, Hold ‘n’ Link is triggered through Base Game. However, the Free Spins feature can also be reached after the Hold ‘n’ Link bonus accordingly.
If 6 or more Free Spin symbols are in view, then the player is awarded the HOLD ‘N’ LINK bonus game. During the bonus, all Free Spin symbols remain in their places as they were during the base game. Hold ‘n’ Link is played only with Free Spin symbols.
Salvatore Campione, Head of Greenlogic® at Stakelogic, said: “Phoenix Queen: Hold ‘N’ Link is another great example of how our Greenlogic® Partner Program allows us to partner with some of the most exciting up and coming studios to produce thrilling slots that deliver exciting and entertaining player experiences.
NetGame Entertainment have been able to stick to the phoenix theme and create a slot that takes players on a mythical adventure where big win potential can be discovered with every spin. This is a great addition to our portfolio and a game that will be a big hit with players.”
Baltics
Evoplay bolsters presence in Lithuania with Betsafe deal
Evoplay, the award-winning game development studio, is expanding in the Baltics thanks to its latest tie-up with Betsafe in Lithuania.
The deal sees over 90 of the supplier’s leading titles live on the Betsson Group’s Lithuanian brand Betsafe, a leading operator in the market.
Included in the agreement are Evoplay’s top-performing titles such as Elven Princesses, Hot Triple Sevens and The Greatest Catch Bonus Buy which are now available for Betsafe players.
The latest integration follows a string of similar deals for Evoplay who has continued its expansion across regulated markets in Europe and beyond.
Ihor Zarechnyi, CBDO at Evoplay, said: “Integrating our products to Betsafe, a leading brand in Lithuania, is another important step in our commercial trajectory as our titles continue to grow in popularity and develop a stellar reputation among gaming enthusiasts worldwide.
“Lithuania is a vibrant and dynamic market, and we are thrilled to bring our award-winning content to even more players in the region.”
Aurimas Šilys, Head of Lithuania at Betsson Group, said: “Boosting our offering with a diverse array of titles is of utmost importance for Betsafe as we strive to deliver an unmatched gaming experience to players in Lithuania.
“We are delighted to integrate Evoplay’s dynamic portfolio into our offerings, and we anticipate it will resonate exceptionally well with our audience.”
Latest News
EL Executive Committee Names Mr Ionut-Valeriu Andrei as New Member
The EL Executive Committee has named Mr. Ionut-Valeriu Andrei as its newest member during its meeting on April 5. Mr. Andrei is the General Manager of Loteria Română since 2022, and succeeds Mr. Olgierd Cieslik, whose term as CEO of Totalisator Sportowy (Poland) has concluded.
”It is with great pleasure to welcome Mr Ionut-Valeriu Andrei as a new Executive Committee member. As an experienced executive, Mr Andrei has already contributed in various ways to our Association and the EL Executive Committee members trust he will continue to do so in the future,” Arjan van ‘t Veer, Secretary General of EL, said.
Mr Andrei will oversee the learning and development activities of EL. His appointment underscores the further commitment of the European Lotteries to inclusivity and collaboration among its members.
”I am honoured to join the EL Executive Committee and look forward to working closely with my colleagues to advance the mission and values of the Association,” Ionut-Valeriu Andrei said.
Mr Andrei’s co-optation will be formalised during the upcoming EL General Assembly in Salzburg (Austria) on 17 June 2024.
Compliance Updates
EGBA Welcomes European Parliament’s Approval Of New EU Anti-Money Laundering Framework
The EU’s new anti-money laundering package aims to create a more consistent regulatory framework and will benefit online gambling operators by standardising AML rules and reporting requirements across member states.
Brussels, 24 April 2024 – The European Parliament has approved the EU’s new anti-money laundering (AML) package at its plenary sitting today, marking a significant milestone towards a new EU framework for combatting financial crime. The European Gaming and Betting Association (EGBA), representing Europe’s leading online gambling operators, welcomes the Parliament’s approval of the new AML package and believes the incoming rule changes will strengthen the EU’s approach to tackling money laundering.
The new package will contain:
- A single rulebook regulation – with provisions on conducting due diligence on customers, transparency of beneficial owners and the use of crypto-assets.
- The 6th Anti-Money Laundering Directive – containing national provisions on supervision and national AML authorities, as well as on the access of authorities to necessary and reliable information, e.g. beneficial ownership registers.
- The establishment of the European Anti-Money Laundering Authority (AMLA) – which have supervisory and investigative powers to ensure compliance with AML requirements, operating in conjunction with national AML authorities.
EGBA believes the new rules will benefit Europe’s online gambling operators by ensuring a consistent regulatory approach across EU member states. Another important feature, under the competence of AMLA, will be the creation of a harmonised reporting format for Suspicious Transaction Reports (STRs). This will ensure that Europe’s online gambling operators encounter the same STR requirements across all EU member states, thereby setting clear and consistent expectations that will reduce administrative burdens and costs.
To assist online gambling operators in complying with the EU’s new AML rules, EGBA has developed industry-specific guidelines on anti-money laundering which apply a risk-based approach and include practical measures that operators can take – on customer and business risk assessments, customer due diligence processes, suspicious transaction reporting, and record keeping. EGBA members already apply the guidelines and submit annual reports to EGBA that summarise their progress in implementing its measures. The guidelines are also open to all operators based in the EU and EGBA encourages operators to sign up to them.
The AML package now awaits formal adoption by the Council of the EU, expected in May, before being published in the EU’s Official Journal.
“We welcome the European Parliament’s approval of the new anti-money laundering package. The new framework will set high standards and ensure greater consistency in the application of AML rules across the EU. Online gambling operators, especially those operating in multiple countries, will benefit from a single rulebook and harmonised reporting requirements that will unravel national complexities. We will look to review our industry guidelines on AML to ensure their alignment with the new EU rules. By signing up to the guidelines, operators can already prepare themselves for the incoming changes in the EU rules and join our members in their efforts to proactively and positively contribute to the EU’s fight against money laundering.” – Dr. Ekaterina Hartmann, Director of Legal and Regulatory Affairs, EGBA.
Source: EGBA
-
Latest News7 days ago
Evoplay strikes distribution agreement with Light & Wonder
-
eSports6 days ago
Everything you need to know ahead of ESL Pro League Season 19
-
Latest News7 days ago
Week 16/2024 slot games releases
-
Latest News7 days ago
Casino Guru’s Complaint Resolution Center Leads Industry in 2023
-
Latest News6 days ago
New Market Alert! Hacksaw Gaming Touch Down in Portugal with Solverde.pt
-
Latest News7 days ago
What Types of Resources Help You Find New Online Casinos?
-
Latest News4 days ago
THE UNIT APPOINTS ADAM NOBLE AS CHIEF COMMERCIAL OFFICER
-
Gaming4 days ago
The German Games Industry Association congratulates all winners of the German Computer Game Awards 2024