Latest News
Trustly closes acquisition of Ecospend – becoming the leading Open Banking payments company in the UK
Trustly, the global payments platform for digital account-to-account (A2A) transactions announced the closing of the acquisition of UK-based Open Banking payments platform Ecospend, following FCA approval. Trustly and Ecospend together become the leading Open Banking payments company in the UK, featuring connectivity with over 80 banks and a consumer reach of approximately 50 million consumers.
The UK is one of Europe’s most rapidly growing A2A markets and a core growth market for Trustly. Ecospend’s strong UK Payment Initiation Services and Data Services, such as affordability and identity verification solutions, coupled with full UK bank connectivity, make it a strategic fit with Trustly’s collection capabilities and cross-border reach. The combined entity is well-positioned to deliver a compelling product in the UK, accelerating its expansion in the market, as well as in the rest of Europe.
Together, Trustly and Ecospend capabilities will feature:
- Market leading bank connectivity with +80 banks in the UK
- Extensive consumer reach with +50 million consumers in the UK
- Strong payments volume of over £7.5 bn in the UK for 2022
Many of Trustly’s UK customers are already benefiting from the partnership and the use of Ecospend’s Open Banking technology solutions.
“We are very excited that we have now officially closed the acquisition. This is an important milestone and is fully in line with Trustly’s ambitious target to be the game-changing market leader in the UK. We can’t wait to continue our expansion journey as a collective team, bringing best-in-class Open Banking solutions to both consumers and merchants”, Johan Tjärnberg, Group CEO of Trustly, comments.
Ecospend, founded in 2017, is an FCA regulated pay-by-bank payments provider powering the next generation of payments and financial data services. Ecospend serves clients in a range of industries. The company holds a key contract with the tax authority of the UK government, HMRC.
“The UK is the largest digital payments market in Europe and represents a huge opportunity for us. We have seen an incredible appetite from both consumers and businesses to embrace Open Banking and the simple and secure payments that it enables. Trustly and Ecospend will be able to excel in this space with the most comprehensive and compelling solution on the market”, says James Hickman, Chief Commercial Officer at Ecospend.
Conferences in Europe
DATA.BET Attends European Gaming Congress 2024
Esports betting provider to drive key discussions and compete for awards in Warsaw
DATA.BET, a prominent provider in the competitive betting industry, will participate in the upcoming European Gaming Congress 2024 (EGC), organized by Hipther. The renowned event, held in Warsaw on October 15-16, brings together key players from the gaming, esports, blockchain, AI, and fintech industries across Europe to discuss the sector’s most pressing trends and challenges. DATA.BET’s team will present the latest developments in esports betting and take center stage in a key panel discussion.
At the congress, Otto Bonning, the Head of Sales at DATA.BET, will participate in a panel discussion, “The Future of Esports: Opportunities and Challenges.” As the panel moderator, Otto will lead conversations with other experts, exploring the potential growth of esports and highlighting the strategic importance of esports betting in the evolving iGaming ecosystem.
Also, DATA.BET supports the event, contributing to Badge, Bracelet & Networking Break Sponsor categories. These efforts underscore the company’s commitment to facilitating meaningful industry interactions and enhancing attendees’ experience.
Moreover, DATA.BET has been shortlisted for two notable awards at the European iGaming Excellence Awards 2024, which will be held on the first evening of the congress. The company has been nominated as Best Esports Betting Provider in 2024 and Innovation in iGaming Technology in 2024 (Player Props). These nominations highlight companies leadership in esports betting and its steady contributions to technological advancements within the iGaming industry.
The upcoming conference provides DATA.BET with a valuable platform to connect with industry leaders, share insights and showcase its latest advancements in esports betting. Otto Bonning, Head of Sales, stated, “The EGC 2024 is crucial for exchanging ideas, sharing expertise, and discussing the future of esports betting. It also allows us to highlight our ongoing efforts to improve our solutions and meet the evolving needs of the industry.”
Latest News
How to Play Roulette: A Simple Beginner’s Guide
When it comes to iconic and thrilling games, roulette is one of the first ones that come to mind. The experience is the same irrespective of whether you’re playing at an online casino or a physical one. But that doesn’t work if you don’t know how to play roulette in casino.
Understanding the Basics of Roulette
How does roulette work? The rules are quite simple. At the heart of the game is the roulette wheel, where the game takes place. There are numbered slots on the wheel from 1 through 36. These numbers are divided into red and black colors. There are also slots for zero, which are colored green. This game comes in two main variations. The American version has two zeros as standard. This makes the house edge slightly higher. But for the European version, there is only one zero. As the house edge on the European version (2.7%) is less compared to the American variant, we recommend it to all the players. Besides these, other game versions come with special casino roulette rules that completely change how you enjoy the game.
To grasp the game rules better, we recommend playing with bonuses that extend your playtime and offer more opportunities to practice. Playing with bonuses is also a smart way to try out various game strategies. Taking advantage of bonus offers at https://casinosanalyzer.com/casino-bonuses/24casino.com allows you to increase your bankroll and experiment with different game variants without risking too much of your own money.
Types of Bets in Roulette
Another crucial thing you must understand other than roulette rules is the different types of bets. The wagers in roulette can be classified into two major kinds: inside and outside bets. In physical casinos, you can find these on the roulette table. For online games, it should be somewhere on your user interface.
Inside Bets
Inside bets are perfect if you want to score a huge win. But remember that the odds of winning these wagers are low.
- Single: Betting on a specific number.
- Split: Betting on two numbers that are next to each other.
- Row bets: Betting on three numbers next to each other.
- Corner: Betting on four numbers that meet at a corner.
- Line: Betting on six numbers across two rows.
Outside Bets
Outside bets are the exact opposite. They have higher odds but offer low payouts. If all you care about is getting frequent wins to keep the fun going, then outside bets are the way to go.
- Red/Black: Predicting the color of the winning number
- Odd/Even: Whether the winning number will be odd or even.
- High/Low: Whether the winning number will be in the lower half (1-18) or the upper half (19-36) of the numbers.
- Dozen Bets: Predicting which dozen (first, second, or third) the winning number will belong to.
- Column Bets: Predicting which of the three vertical columns the winning number belongs to.
A Step-by-Step Guide to Playing Roulette
If you try to play without knowing the roulette table rules, it will seem intimidating to you. That’s why, to help you get used to the game, we’ve made a step-by-step guide to play roulette. Check it out:
-
Placing Bets
Consider the different types of bets available and decide which one you want to stake money on. Then go ahead and place your bets. Remember to adhere to the casino’s betting limits.
-
Spinning the Wheel
Once all the bets are placed, the dealer will spin the roulette wheel in one direction and drop the ball in the opposite direction. This is how it’s done in a physical or live casino. For RNG roulette games, you’ll need to spin the wheel yourself.
-
Wait for the Outcome
If the ball lands in a slot that you predicted, you’ll get a payout. If not, you lose the round and have the option to try again.
Best Strategies for Playing Roulette
Since roulette doesn’t involve any skill at all, players can benefit from using strategies. That’s the next thing you need to know after understanding the rules of roulette. These are a great way to expand your gameplay sessions and manage your gaming budget. Popular wagering strategies include Martingale, Fibonacci, and D’Alembert. If you search online, you can find detailed guides on how these work as well as many more strategies like these.
The Most Common Mistakes to Avoid When Playing Roulette
New players have a habit of making some common mistakes when playing roulette. Let’s have a look at them so you don’t do the same.
Chasing After Losses
Since it is a game of chance, there will be some cases where you might lose. The worst thing you can do is run after those losses to try and recover them.
Staking Money on Every Spin
Don’t bet on every spin. Sometimes, it’s better to rely on strategy and take a little break before you start playing again.
Balance the Risk and Reward
With every wager, you need to decide the balance of risk vs. reward. Do you want to win big, or do you want to win often? Make the choice before the wheel spins.
Finishing Up
So, are you ready to try out this amazing game where luck, strategy, and planning all come together? Once you understand how the game is played, you can enjoy it in any physical or online casino worldwide. Just remember to play responsibly and have fun.
Balkans
SOFTSWISS Gets Certification for Its Jackpot Aggregator in Bulgaria
SOFTSWISS, a leading technology provider for iGaming, has further solidified its presence in the European market by securing certification for its Jackpot Aggregator in Bulgaria.
The iGaming market in Bulgaria is experiencing significant growth, attracting new businesses despite stringent domestic regulations. The market is projected to generate 168.70 million euro in revenue by 2028, with an annual growth rate of 5.42%. The number of users is expected to reach 377.3 thousand by the same year, further highlighting the sector’s momentum.
In line with this growth, SOFTSWISS announces that its Jackpot Aggregator has received certification from Gaming Laboratories International (GLI), ensuring it meets all technical requirements for use in the Bulgarian market. With the new certification of the SOFTSWISS Jackpot Aggregator, Bulgarian-licensed operators can integrate this advanced engagement tool into their casino offerings.
In May, SOFTSWISS successfully entered the Bulgarian market through a partnership with Topwin.bg, which implemented the SOFTSWISS Casino Platform, the Game Aggregator, and the Sportsbook.
“We are seeing a strong surge in interest in our jackpot mechanic, fueled by the growing demand for engagement tools in the market. That’s why we are committed to further developing the Jackpot Aggregator, enhancing its features, and expanding into new markets. Certification for the Bulgarian market is a clear testament to our ambition and drive for expansion. We are actively working on obtaining certifications in other jurisdictions,” comments Angelina Stasiuk, Head of Business Line at SOFTSWISS Jackpot Aggregator.
SOFTSWISS has several international and national licences and certifications, including a South African licence acquired through the purchase of a majority stake in Turfsport. The company recently announced its plans to become the first certified software provider in Brazil.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka Affiliate Platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
-
Central Europe6 days ago
SOFTSWISS Steps In to Assist Southern Poland After Severe Flooding
-
Asia7 days ago
Skyesports and Realme Conclude Realme Campus Gaming League in Chennai: National Collegiate Esports Tournament Sees More Than 10,000 Players Participate
-
eSports6 days ago
Record Number of Host City Applications for IESF’s Events
-
Latest News6 days ago
Blask expands coverage with new European and Asian markets
-
Industry News6 days ago
CT Gaming Celebrated its 25th Anniversary with a Three-Day Team-Building Event
-
Compliance Updates6 days ago
UKGC Appoints Two New Members to the Advisory Board for Safer Gambling
-
Latest News6 days ago
Week 40/2024 slot games releases
-
Latest News6 days ago
Altenar extends partnership with Swish Analytics to upgrade baseball betting offering