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Experience an eruption of prizes in 3 Oaks Gaming’s Coin Volcano: Hold and Win

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3 Oaks Gaming, an established distributor of iGaming content, has launched Coin Volcano, a classic 3×3 style slot focused entirely on entry to the title’s two Bonus Games powered by Hold and Win mechanics.

This modern take on the classic stepper slot genre exhibits just one payline – which grants access to a classic Bonus Game or the enhanced Ultra Bonus Game when any three symbols land on the middle row.

The easy-to-understand process of the base game is a fascinating introduction for players to both slots and Hold and Win games.

Once players have triggered the Ultra Bonus Game, it guarantees Volcano Multipliers throughout, whilst in the Bonus Game, the Volcano Multiplier Feature can erupt at any point with up to nine Multiplier symbols landing, ensuring users can walk away from both features with sizzling wins.

Coins also play a pivotal role in this title. The Coin Collect symbol, appearing as a Scorching Ball within the Bonus Game, gathers all visible coin and jackpot symbols adding them to the final total. During base play, the Sticky Coin locks onto the middle reel until one of the features begins, awarding players up to 9x their total bet.

Typical for a Hold and Win slot, four in-game jackpots can be awarded. If all the reels are filled with Mystery symbols, the Grand Jackpot is activated and a player can win up to 500x their stake.

Yuriy Muratov, Chief Business Development Officer at 3 Oaks Gaming, said: “Coin Volcano: Hold and Win promises to be a huge success, with its unique line-up of features and gameplay which will keep players on the edge of their seats.

“Our Hold and Win series continues to capture the imagination of users but we felt we needed to keep the mechanic fresh and inviting, and this action-packed title will undoubtedly be one of our key slot releases of 2023.”

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Fintechs in Kazakhstan Raises Concerns Over Proposed Gambling Regulation

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Fintech companies in Kazakhstan are urging greater scrutiny of a proposed law intended to regulate betting transactions in the country.

The submitted legislation, currently in its final reading, would form a monopoly entity, the Unified Accounting System (UAS), the firms said in a joint press release. The UAS would be used to determine market participants, process payments, maintain a single “electronic wallet” and make settlements with clients. A critical concern is that it could charge up to 1.5% in commissions on all market transactions, within a market where regulated transactions exceed KZT1.2tn ($2.6bn) annually.

Irina Davidenko, a spokesperson for Kazakhstan’s payments industry, commented: “The proposed legislation would be a step backwards for Kazakhstan, harming competition in the country’s vital payments sector and signaling to the outside world that necessary business reform is being driven by shadowy interests, rather than what’s right for industries and consumers.”

The proposal, partly billed as a public health move against problem gambling, resembles a previous initiative, the Betting Accounting Centre (BAC). It was shelved in 2021 after a scandal involving a deputy minister who was dismissed for accepting bribes from BAC lobbyists, according to the press release.

The lack of transparency on the UAS structure and ownership as outlined in the legislation is another aspect of the change that is seen by critics as troubling.

The reintroduction of a UAS model occurred as late as the second reading of the legislation. If passed by parliament, it will become law without the comprehensive impact analysis and scrutiny typical for such significant regulatory change.

Observers argue the new regulation duplicates existing regulatory functions already managed by Kazakh state bodies and was proposed without the cooperation of the National Bank of Kazakhstan. The central bank has previously developed its own reform proposal that avoids introducing a monopolistic entity.

Opponents further contend that the regulation could cause “significant economic damage”. National Bank of Kazakhstan representatives and the payments industry have sounded alarm bells, but the issues have not been adequately addressed, the press release added.

The concerned fintech and payment companies want the legislation to be reconsidered. They are advocating for it to be sent back to the lower house of the legislature for a full regulatory impact analysis and thorough examination to ensure that it does not adversely affect industry or the economy.

Ilya Efimenko, commercial director of the payment organisation PayDala, said: “I appeal to the Senators, who need to know the true purpose of why the UAS has made a comeback in the bill.

“This is a re-emergence of the ‘Betting Accounting Center’ (BAC), a strikingly similar entity that was withdrawn before, and behind which, as the deputy from the Amanat party Elnur Beisenbayev said, are the powerful forces of ‘Old Kazakhstan.’

“Before our eyes, a monopolist, a private operator, is being created. The emergence of monopolies such as the UAS threatens the principles of a Fair Kazakhstan. Now everything is being done to break the financial system of Kazakhstan, recognized by experts as one of the best in Central Asia.”

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CT Interactive signs a strategic partnership with LiveScore Bet to expand its presence in key markets

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Sam Sadi, CEO of LiveScore Group
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CT Interactive has signed a partnership with one of the fastest-growing sportsbook brands, LiveScore Bet.
The partnership marks a significant milestone for both companies, combining CT Interactive’s innovative gaming technology with LiveScore Bet’s extensive reach and user engagement. Together, they plan to offer an enriched and seamless gaming experience, tailored to the unique preferences and needs of these diverse markets.

LiveScore Bet’s unique and diverse product offering is headlined by its standout first-to-market free-to-play ‘LiveScore Bet Squads’ product. The partnership with CT Interactive highlights LiveScore Bet’s ambition to continue creating innovative concepts for its users.

Lachezar Petrov, CEO of CT Interactive, commented: “We are always very proud when we receive an opportunity to collaborate with another renowned company, such as Livescore Bet. It is a brand that is developing very well, and we are sure that with our products, they will enrich their offerings and attract new clients”.

LiveScore Bet™, is a sportsbook offering customers in the UK, Ireland, Nigeria and the Netherlands a new and improved betting experience within the LiveScore ecosystem. Building on the existing user relationship with the trusted LiveScore brand that is already a core part of the live sport experience, LiveScore Bet seeks to deliver a best-in-class product and represents a new opportunity for customers to bet responsibly. LiveScore Bet has been able to emerge from the crowd with a vibrant personality, a world-class product and demonstrable growth that has set it apart from the chasing pack.

Sam Sadi, CEO of LiveScore Group, commented: “Partnering with CT Interactive allows us to broaden our service offerings and engage our audience in new and exciting ways. By integrating CT Interactive’s cutting-edge gaming solutions, we can offer our users a more diverse and entertaining experience. We look forward to a fruitful collaboration”.

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Playtech Launches Exclusive Dedicated Tables with Betsson Group

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Playtech announced that it has successfully launched dedicated live casino tables exclusively for Betsson players.

As part of this exciting venture, Betsson is relocating its existing tables to Playtech’s state-of-the-art studio, providing players with an immersive and seamless gaming experience.

The studio includes captivating gameplay with cutting-edge technology, hosted by native-speaking, English, Portuguese, Greek and Spanish dealers, where players can expect top-tier entertainment across a range of popular games.

The initial release features 10 dedicated tables such as; Blackjack and Roulette with more tables to follow.

Jamie Busby, Head of Live Casino at Betsson, said: “We are delighted to partner with the Playtech Live team to create an immersive and seamless gaming experience for valued players. Our longstanding and successful partnership with the Playtech team has been instrumental in our journey. The introduction of these dedicated tables further enriches our game offerings, providing our customers with an exceptional gaming experience.”

Ariel Hayat, Playtech Live Executive, said: “We’re thrilled to introduce the new dedicated tables for Betsson, and we’re confident that their players will thoroughly enjoy all of the new Blackjack games. Betsson is an important partner for us and and this launch will undoubtedly continue to contribute to our continued success. As partners, we remain committed to fostering a safe, sustainable, and responsible gaming environment for the players.​”

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