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Lucky player wins big on Soft2Bet casino

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Casino and sportsbook platform provider Soft2Bet has announced a huge jackpot win was recently taken home by a player in Sweden from the licensed operator’s online brand, YoYo Casino.

The lucky player won 2,229,072.90 SEK (approx. €214.000) while playing Global Games’ slot title Book of Atem Wowpot, hitting the title’s Major jackpot. The progressive jackpot also has a Mega win mechanic, offering prize money that reaches well into the millions.

With a huge selection of cutting-edge slots, great live casino games and easy registration and payments via Trustly, YoYo Casino has proved hugely popular in the Swedish market as well as various other regulated jurisdictions.

Soft2Bet entered the Swedish market in 2019, with a licensed entity operating three brands, and has been growing in market share since the introduction of first Yoyo Casino – soon after followed by Campobet and more recently through the launch of Betinia.

Peter Christian Noer, Head of Country Managers at Soft2Bet, said: “It’s always nice to see a player win such a significant amount, the thrilling Wowpot title has certainly increased player engagement on the YoYo Casino platform. 

“This kind of win is what all players dream of – hitting the big jackpot. We are super happy that one of our players got to experience this on one of our brands and we always hope to see more players collect big wins.”

The Soft2Bet Group is committed to responsible gambling and continuously strives to provide a safe environment for online entertainment. It is important to remember that all game results are random, no win can be seen as a guarantee, and it is important to play responsibly within a budget.

Balkans

Gaming Corps lands in Bulgaria with Kaizen Gaming deal

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Gaming Corps lands in Bulgaria with Kaizen Gaming deal
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Gaming Corps, a publicly-listed game studio based in Sweden that has earned a reputation for developing market-leading casino games, has expanded its global reach into Bulgaria through a major content partnership with Kaizen Gaming.

The deal means that Kaizen Gaming will be able to offer Gaming Corp’s full suite of games to its players on an exclusive basis for the next six months before the studio can strike additional partnerships with other operators in the market.

Kaizen Gaming operates the hugely popular Betano and Stoiximan brands in Bulgaria, a market that has gone from strength to strength since regulating online gambling back in 2012 with high consumer demand for online casino and slot content from new and exciting providers.

The partnership between Gaming Corps and Kaizen Gaming brings the studio’s internationally acclaimed slots to the Bulgarian market for the first time. This includes proven player-favourite titles like 777 Jackpot Diamond Hold & Win, Bon Bon Bonanza and Samba Soccer.

Players will also gain access to Gaming Corps hit portfolio of Smash4Cash™ titles, including both Piggy Smash and RAMPAGE! Smash4Cash™ which were launched earlier this year.

Danielle Calafato, CCO at Gaming Corps, said: “We could not ask for a better operator partner to make our debut in Bulgaria with. Kaizen Gaming operates two of the most popular brands in the market and we are thrilled to see of games land in its lobbies for the first time.

“Bulgaria is a thriving market with plenty of growth potential for operators that bring new and exciting content to their players. Kaizen Gaming has done just that through this partnership, and we are especially excited to see players engage with our Smash4CashTM titles.

“We are committed to expanding our reach into more regulated markets over the coming months as we continue to establish Gaming Corps as a major content provider.”

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Latest News

LaunchPad finalists announced for iGB L!VE

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LaunchPad finalists announced for iGB L!VE
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iGB L!VE organisers have confirmed the five trailblazing start-up businesses who will be showcasing their ground-breaking ideas to a panel of industry entrepreneurs in the final of LaunchPad which is taking place in the Pulse Theatre 16:30 – 18:00 on 18 July. 

The visionary enterprises who will be pitching to the judging panel are Match Hype, Swap Profit, AMARIX, SavageTech GmbH and Lucky Lady Games.

Confirming the shortlist which was handpicked by the iGB L!VE team, Clarion Gaming’s Jamie Coles who is leading the exciting new initiative said: “These businesses will not only gain invaluable exposure, but they will also compete for substantial cash prizes and receive expert guidance from our judging panel of industry titans comprising Michael Caselli, Non-Executive Chairman – Clarion Events; David Sargeant, Investor, Advisor, Consultant – iGaming Ideas; Vladimir Malakchi, CEO and Managing Partner – Xanada Investments; Tony Pearce, CEO and co-founder – Reality+ and Justin Anastasi, CEO, VentureMax Group.

“We are also extremely grateful to Becky Liggero Fontana, Reporter, Producer and Host of Coingeek for agreeing to chair this first edition of LaunchPad @ iGB L!VE.”

He continued: “LaunchPad is not simply a competition; it’s a platform to showcase ground-breaking ideas, pitch to a panel of influential leaders, and secure the support required to take start-ups to the next level. Our vision is to discover those scalable solutions which have the potential to revolutionise the market.”

LaunchPad judge Michael Caselli who also serves as Non-Executive Chairman at Clarion Events highlighted iGB L!VE’s status as a hub for innovation in the industry. He explained: “With Launchpad we are highlighting the latest innovations in the industry and providing a formal platform for innovating businesses to attract the funding or partners they need to make their visions a reality. That is very much the ethos and the DNA of the show.

“Bank finance is a difficult issue as some banks and funds are excluded from backing gaming companies. iGB L!VE is totally different in that we have individual and institutional investors that are actively looking to invest in this space and have the knowledge and experience in the sector to know what projects fit their portfolios.”

“We don’t see supporting entrepreneurs as a responsibility as much as a pillar of what we do and what we stand for. The core value of iGB L!VE is to bring all elements of the industry together to foster collaboration and partnerships in order to drive the iGaming industry forward. Supporting iGaming entrepreneurs is fundamental to that formula.”

Part Dragons Den part Shark Tank, LaunchPad has been curated to add to the onsite experience. Finalists will be limited to a 10-minute on-stage presentation followed by a scrutiny session by the judging panel. The top three will receive a cash prize comprising €6,000 for first place, €3,000 for second and €1,200 for third.

A projected 10,000 delegates are expected at iGB L!VE 2024 which will feature 300+ exhibitors and sponsors occupying 21,000+ square metres of gross space, a figure which is 35% higher than in 2023.

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Compliance Updates

Spillemyndigheden Calls Attention to FATF’s Updated Lists of High-risk Jurisdictions

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The Danish Gambling Authority has called attention to FATF’s (Financial Action Task Force) updated lists of high-risk jurisdictions: the Grey List (jurisdictions under increased monitoring) and Black List (call for actions). Among other things, gambling operators must include FATF’s lists of high-risk jurisdictions when assessing players’ risk.

Jurisdictions listed on the Grey List are Bulgaria, Burkina Faso, Cameroon, Croatia, DR Congo, Haiti, Kenya, Mali, Monaco, Mozambique, Namibia, Nigeria, the Philippines, Senegal, South Africa, South Sudan, Syria, Tanzania, Venezuela, Vietnam and Yemen.

Jurisdictions listed on the Black List are the Democratic People’s Republic of Korea, Iran and Myanmar.

Gambling operators are required to conduct enhanced customer due diligence (EDD) pursuant to section 17(1) of the Danish AML Act, if a player is assessed to impose a higher risk of the gambling operator being misused for money laundering or terrorist financing.

Gambling operators shall conduct this risk assessment based on Annex 3 to the AML Act (high-risk factors) which includes the FATF high-risk country lists (the so called black list and grey list).

It is not required that gambling operators perform EDD if a country is listed on the FATF’s list. EDD are only a requirement for players from jurisdictions listed in the EU Regulation of High Risk Third Country list pursuant to 17(2) of the AML Act.

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