Connect with us
SOFTSWISS

eSports

Future trends in online bingo industry

Published

on

Photo credit: pixabay.com
Reading Time: 3 minutes

 

The world of bingo has grown in recent decades. A few years ago, one could not imagine that such a classic game could be enjoyed on a computer screen or mobile phone—the number of providers willing to invest in this game increases annually. Even bingo sites not on GamStop welcome thousands of new players every day, and the frenzy is not expected to stop any time soon for a game that is nowadays considered part of online gambling.

Past and present of bingo

If we are to fully understand the road bingo is taking in the digital world, we have to go back to the past and see how bingo has become a staple in the world of gaming. The history of bingo dates back to the 16th century in Italy when the game In Gioconda del Lotto initially emerged. Later arriving and popularised by the nobility of neighbouring France, it wouldn’t take long to spread to the rest of Europe in the 18th century.

Our current idea of bingo started in the 1920s in carnivals and fairs, and it only expanded after the 1960 Betting and Gaming act and the launch of Mecca Bingo. Bingo managed to adapt and thrive in the new digital market as the first bingo online game, Bingo Zone, launched in 1996. The game is undoubtedly one of the largest revenue generators in the UK due to the Gross Gambling Yield, generating 1 billion pounds between 2018-2019 alone, and the revenue figures keep rising. Online software development has benefited gaming sites, and bingo is no exception.

Digitalisation and innovations in bingo gaming

Bingo’s online presence has only further popularised the game, allowing experienced players to enjoy playing wherever they please while introducing new players to the game. Through their favourite gaming sites online, UK bingo players are currently spoiled for choice in 2022 with a great selection of websites where anyone may enjoy a good round.

Remote gaming has risen exponentially from 2008 to the current decade. Even if the Covid-19 outbreak has dropped land-based betting, it doesn’t show signs of stopping or of any drastic decline. Online gaming, bingo included, is here to stay. It is easy to see how further innovations and technological advancements improve the betting online gaming experience, amongst which bingo online is included for veterans and newcomers alike.

As technology advances, users will demand better quality gaming services and experiences. Software companies are partnering up with online bingo services for an enhanced and more personalised gaming experience, providing new themes and enticing offers to attract new players and retain existing ones. Players will start demanding better themes, animations, music, environments, and avatars to personalise their gaming experiences.

Some technologies, such as VR (Virtual Reality) and digital currency, are exciting news for bingo enthusiasts as these will enhance the bingo experience to uncharted territories.

VR is a technology that, through a headset, allows its users to enter and interact within a simulated environment alongside other players. This offers online bingo players the possibility of being transported into special online bingo halls catered to their tastes, giving players the feeling of actually playing bingo in their idealized place in the comfort of their living hall.

Cryptocurrency, mobile bingo and security measures

Even cryptocurrency is starting to be implemented into bingo gaming as certain casinos allow players to use digital currency to play. It is not difficult to imagine that this trend will continue to expand. It is only a matter of time for this to happen as digital currency becomes increasingly mainstream and more secure than traditional currency.

When considering technological advancements regarding bingo gaming, one may not ignore mobile technology that allows players to enjoy bingo games while on the move and wherever they may be, making gaming accessible to anyone interested. Many bingo sites are starting to update their online services to incorporate mobile compatibility to their games, thus offering bingo players a service that is accessible, entertaining and secure.

Casino security is another important gaming aspect that cannot be overlooked. As online gaming becomes increasingly popular, cyber-attacks designed to interrupt the gaming experience, steal money, or even hold a gaming site to ransom become more commonplace. Casinos are well-aware of this matter and are ensuring their security is constantly updated with proper software, well-trained staff, and strong firewall administration. As online gaming becomes more prevalent, online security services must update and evolve accordingly to ensure players are protected as they enjoy their favourite game.

Asia

Esports media platform TalkEsport raises $1 million in pre-series A funding round

Published

on

Reading Time: 3 minutes

TalkEsport, India’s leading esports media platform, announced today the successful closure of its pre-series A funding round, securing a significant investment of $1 million from Saswat Ventures. The substantial investment underscores TalkEsport’s robust growth trajectory and reaffirms its position as a pioneering force in the esports industry.

Founded in 2011, TalkEsport was set up with a vision to bring timely news and updates to gaming communities worldwide. As India’s oldest esports media platform, the company now caters to millions of gamers worldwide through its website and social media channels. TalkEsport plans to utilize the investment to scale up its core website while launching a highly interactive application for its audience and setting up a state-of-the-art production studio in Mumbai. Through it, the company will be launching exclusive content IPs focused on gaming and esports.

“We are delighted to welcome Saswat Ventures as our strategic partner,” exclaimed Deepak Ojha, Founder and CEO of TalkEsport. “Their belief in our vision and commitment to the esports ecosystem align seamlessly with our mission to redefine gaming experiences globally. With this investment, we will be scaling up our newsroom to cater to gaming communities worldwide while launching new content IPs targeted towards Indian and international audiences.”

Saswat Ventures, a family fund set up by Mr. BL Sharma, Principal, shares a vision of catapulting TalkEsport into a global phenomenon. Mr. Sharma has businesses across the country and expressed his confidence in TalkEsport’s potential to revolutionize esports media and connect with a vast audience of passionate gamers worldwide, “We believe in TalkEsport’s potential to become a global platform for esports enthusiasts worldwide.”

Trilochan Sharma, a seasoned expert in compliance matters, joins TalkEsport’s board as the Director of Compliance. His wealth of experience will ensure adherence to regulatory standards and bolster the company’s governance framework.

In addition to this pivotal investment, TalkEsport is proud to announce key developments that highlight its commitment to innovation and growth:

Production Studio in Mumbai

TalkEsport is excited to unveil its state-of-the-art production studio in Mumbai. This cutting-edge facility will serve as the epicenter for creating high-quality esports content, launching content IPs, live broadcasts, interviews, and immersive gaming experiences.

Pranav Nalawade, the Editor-in-chief of TalkEsport, said, “Our new era of esports coverage will begin not only with TalkEsport’s revolutionary approach in publishing news and covering esports events but also high-quality esports content courtesy of our new production studio. As one of the oldest esports media platforms, we have built an audience that relies on us for our history of trustworthy and reliable news. Now, we want to double up on this audience, reforming the way content around esports is consumed in India and abroad through podcasts, media, short-form content, and analytical stories – both in the form of video and text.”

Upcoming Mobile App Launch

Furthermore, TalkEsport is gearing up for the launch of its mobile application soon. This innovative app promises to redefine how gamers access news, engage with esports communities, and participate in live tournaments, all from the convenience of their mobile devices.

“Proceeds of the $1 million will be utilized in creating a robust team of gaming enthusiasts and expanding our global reach,” added Deepak. “This investment not only propels TalkEsport’s growth initiatives but also fuels our mission to provide unparalleled experiences for esports enthusiasts worldwide.”

Through its application, esports viewers will be able to get live coverage of esports tournaments, scores, and interviews. Additionally, they will be able to participate in community tournaments, thus providing an end-to-end immersive experience from the convenience of their mobile devices.

The media company continues to lead the charge in transforming the esports landscape, fostering community engagement, and pushing the boundaries of gaming innovation. The company’s dedication to excellence, coupled with strategic partnerships and visionary leadership, sets the stage for an exciting chapter in esports media.

Continue Reading

eSports

ESIC Announces Establishment of Global Esports Industry Advisory Board

Published

on

ESIC Announces Establishment of Global Esports Industry Advisory Board
Reading Time: 2 minutes

 

The Esports Integrity Commission (ESIC) is pleased to announce the establishment of its Global Esports Industry Advisory Board, designed to enhance integrity and ethical practices across the esports landscape. The Advisory Board will serve a pivotal role by providing expert advice to ESIC’s Chief Executive Officer on a range of critical industry issues. 

The primary function of the Advisory Board is to create a robust framework for integrity and fairness, setting a global benchmark for ethical conduct and fair competition in esports. The board will offer strategic insights, help shape policies governing fair play, liaise with key industry stakeholders, and act as ambassadors advocating for ethical practices. 

ESIC has appointed two highly esteemed members to inaugurate this board: 

  • David Neichel, Senior Vice President of Public & International Affairs at ESL FACEIT Group (EFG), joins the Advisory Board with over fifteen years of experience in the video games industry, including significant roles at Activision-Blizzard and Electronic Arts. David’s profound impact on international and public affairs initiatives makes him an invaluable addition to the board. 
  • Robbie Douek, CEO of BLAST, also joins the Advisory Board, bringing a wealth of experience from his roles at Google and Disney, along with his leadership through major acquisitions. Robbie is celebrated for his strategic leadership and his instrumental role in elevating esports to a significant global entertainment platform. 

The formation of the Advisory Board is an engagement that underscores the commitment of its members to upholding and promoting the highest standards of integrity within the esports industry. The board will meet as required to address strategic challenges and ensure that ESIC’s initiatives effectively meet current and future industry needs. 

“Both David and Robbie bring a remarkable depth of knowledge and a passion for advancing the integrity of esports,” said Stephen Hanna, CEO of ESIC. “Their expertise will be crucial as we navigate the evolving landscape of esports and strive to maintain the integrity that our community expects and deserves.” 

Robbie Douek, CEO at BLAST, said: “I’m honoured to be given the opportunity to support the Global Esports Industry Advisory Board and ESIC in their ambition to create the best and fairest environment possible for players, teams and fans.” 

David Neichel, Senior Vice President of Public & International Affairs at ESL FACEIT Group (EFG) also commented: “It is a true honour to join the Global Esports Industry Advisory Board and support ESIC’s successful journey. Fairplay and integrity are at the core of esports. We owe it to the players and to the fans and for a better endemic industry governance” 

Continue Reading

eSports

How Team Vitality Utilises Abios Data to Create a Better Fan Experience

Published

on

Reading Time: 2 minutes

 

Abios has partnered with leading eSports club Team Vitality to help fuel its fan engagement application V.Hive with eSports data. With access to coverage on more than five of the largest eSports titles from Abios, Team Vitality can ensure that fans can stay engaged and updated with results, schedules and statistics from its latest matches.

Abios, an enterprise eSports data and technology provider, has agreed to a long-term deal to supply its eSports data to Paris-based eSports organisation Team Vitality.

The major-winning eSports team will deploy Abios’ data to fuel its prediction tool, which allows fans to score points by successfully predicting how Team Vitality will perform in upcoming matches. The scores will be posted to a leaderboard where the best contenders can win prizes including merchandise and money-can’t-buy experiences with professional players.

Driven by Abios’ rich performance and scheduling data, the prediction tool is part of a wider effort by Team Vitality to create an immersive fan experience, following V.Hive app launch in November of 2022 jammed with features geared to building a digital community around the team with news, mini-games and custom avatars.

With rosters in several eSports titles, Team Vitality will use Abios’ extensive coverage to include data for matchups in the most popular eSports titles including League of Legends, Starcraft ll, Counter-Strike, Rocket League, EA Sports FC and Valorant.

The founder and Chief Executive Officer for Abios, Oskar Bonnevier Froberg, commented on the partnership: “Team Vitality is one of the oldest and most prestigious eSports teams in Europe and we’re proud to be able to supply it with top-tier eSports data.

“With high-performing rosters across many eSports disciplines, Team Vitality has millions of fans all over the world. It is fantastic to see its dedication to its fans and how it brings added value to its followers and we are excited to power Team Vitality with our extensive data and help it to deliver the next generation of eSports fan experiences.”

“Through Abios’ interfaces, we are able to provide our fans an immersive experience that goes beyond just watching matches,” the Brand and Revenue Diversification Director for Team Vitality, Amelie Canet, said. “Together, we’re creating an environment where fans can interact, predict outcomes and feel even closer to the eSports action. Its tech overlay allows us to engage our fans and offer them a more entertaining experience.”

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

SaaS-builder for partner program development and performance marketing optimization

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Advertisement

LEADING AFFILIATE MARKETING SHOW

Trending (Top 7)

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.