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Can You Use iTunes Balance in Casino Apps?

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iTunes gift cards have long been a popular gifting choice, especially during the festive season when everyone’s on the lookout for that perfect Christmas casino bonus.

But their potential goes way beyond buying the latest chart-topping tune or binge-worthy series. In recent years, savvy tech users have uncovered myriad innovative ways to harness the potential of these cards.

The question is, are you making the most out of your iTunes gift card? Here’s how you can use that plastic card (or digital code) for online casino deposits.

iTunes Gift Card and Online Casinos

While iTunes gift cards have traditionally been used to purchase the latest albums, riveting podcasts, or perhaps a binge-worthy TV series, a new trend has surfaced – using these gift cards as a payment method in online casinos. But how does it work exactly?

The core concept is straightforward. Once you redeem an iTunes gift card, the corresponding amount is credited to your Apple ID account. This balance, instead of being reserved solely for media purchases, can now be channelled to various online platforms, including some online casino apps.

How to Redeem Your Apple Gift Card

Redeeming an iTunes gift card to your Apple account is an easy and straightforward process. Here’s how to do it:

  1. Open the App Store: Tap the App Store icon from your home screen. If you’re on a PC, open iTunes.
  2. Sign In: If you’re not already signed in, use your Apple ID to log in.
  3. Redeem Gift Card or Code: Tap this option. If prompted, sign in with your Apple ID.
  4. Enter the Code: Use the camera to scan the redemption code on the back of the card, or you can enter it manually.
  5. Tap Done: Once the code is validated, your Apple ID balance will be updated.

Benefits of Using iTunes Gift Cards in Online Casino Apps

Using iTunes gift cards as a casino payment method may seem unconventional at first glance, but the advantages are clear. Here’s why this option is gaining traction in the online gambling world.

Great Security

When you opt for this method, you’re effectively bypassing the need to provide your banking or credit card details to the casino. This added layer of security ensures that your sensitive financial data remains untouched.

Instant Transfers

Just like buying that catchy tune or must-have app, transferring funds to your casino account using your iTunes gift card balance is instantaneous. There’s no waiting involved, meaning more playtime!

Easy Management of Expenses

By limiting yourself to the balance on your gift card, it becomes easier to manage and keep track of your casino spending. This makes for a responsible gaming experience.

Things to Remember to Make a Smooth Transaction

While the allure of using iTunes gift cards in online casinos is undeniable, it’s crucial to navigate this landscape with a clear understanding. Before you dive headfirst into this innovative payment method, here are some essential considerations to keep top of mind.

  • Regional Restrictions: Depending on where you are, there might be limitations on using your iTunes gift card for online gaming. Always check your local regulations and the casino’s terms.
  • Withdrawal Limitations: Depositing might be a breeze, but withdrawing your winnings may not be as straightforward. Be prepared to use an alternate method for cashing out.
  • Balance Check: Always ensure you have enough balance on your gift card before making a transaction. An insufficient balance might lead to failed transactions.
  • Expiration Date: iTunes gift cards usually come with an expiration date. Ensure you utilise your balance before the card expires.
  • Service Fees: Some online casinos might charge a nominal fee for processing transactions via this method. It’s good to be aware of any additional costs.
  • Secure Your Account: Just as with any online platform, ensure that your Apple ID remains secure to avoid any unwarranted transactions.

By keeping these points in mind, you can enjoy a smooth and enjoyable online casino experience using your iTunes gift card.

Alternative Gift Cards to Use for Online Casino Gambling

While iTunes gift cards are an emerging trend in the online casino payment realm, they’re not the only gift card option available. There are several gift cards that can be utilised for online gaming. Let’s dive into some of these alternatives:

  • Google Play Gift Cards: Similar to the iTunes gift card, Google Play gift cards are designed primarily for app and media purchases within the Google ecosystem. However, a growing number of online casinos are beginning to recognise its potential as a payment method, especially given the vast Android user base.
  • Amazon Gift Cards: While not as common, some casinos have begun accepting Amazon gift cards. These cards are easily accessible and can be used to fund casino accounts where accepted.
  • Prepaid Visa & MasterCard Gift Cards: These act as a middle ground between traditional credit cards and gift cards. They can be loaded with a specific amount of money and used at online casinos that accept Visa or MasterCard transactions.
  • Steam Gift Cards: For platforms that integrate casino games within the broader gaming ecosystem, Steam gift cards could be another payment avenue. These are popular among the PC gaming community.
  • Retail Gift Cards: Some platforms accept gift cards from specific retailers or brands. While this isn’t widespread, it’s always a good idea to check if your favourite online casino offers such options.

Gift cards offer a secure and flexible way to fund your online casino account. Whether you’re an Apple aficionado or a dedicated Android user, there’s likely a gift card payment method out there to suit your needs.

A Great Alternative

While the marriage between iTunes gift cards and online casinos might seem unexpected, it symbolises the dynamic nature of our digital age. This union promises users a more diverse, secure, and streamlined online gaming experience.

As both the payments and iGaming industries continue to evolve, who knows what other exciting integrations we might witness in the future?

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Gaming Innovation Group – Mandatory notification of trade

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Gaming Innovation Group – Minutes from Annual Meeting of Shareholders
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Mikael Riese Harstad, Chairman of the Board and primary insider of Gaming Innovation Group Inc.

(GiG), has today transferred 864,403 shares in GiG to a life insurance policy with SEB Life International Assurance Company DAC with himself as the sole policy holder.

In addition, Helena Riese Harstad, a close associate of Mikael Riese Harstad, has today transferred 477,733 shares in GiG to a life insurance policy with SEB Life International Assurance Company DAC with herself as the sole policy holder.

After these transactions, Harstad and close associates owns no shares directly, but hold 1,342,136 shares through life insurance policies with SEB Life International Assurance Company DAC.

For further information, contact:
Tore Formo, Group CFO, [email protected] +47 916 68 678

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

 

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Industry News

Clarion Gaming and ExCeL London plan for the migration of iGB L!VE 2025 to the heart of igaming

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Clarion Gaming is advancing preparations for the migration of iGB L!VE to London in July 2025 establishing a roadmap of activities in partnership with the senior team at ExCeL London which will host the leading global event.

The latest meeting between the two organisations featured:

  • iGB L!VE Portfolio Director Naomi Barton,
  • Clarion Gaming Managing Director Stuart Hunter,
  • Head of Operations Richard Logan and
  • Head of Marketing Jody Frost with the senior team from ExCeL led by the venue’s
  • Chief Commercial Officer Simon Mills.

Expanding on the meeting Naomi Barton said: “This was the second senior level planning meeting that we have held with our colleagues at ExCeL London in order to move the home of the igaming community to a city which is the heart of the igaming industry in a country which is igaming’s largest market.

“The roadmap is being created in order to anticipate industry needs, address pain points and to exceed the expectations of customers. The migration of what is already a top performing Tier One igaming event is set against the backdrop of iGB L!VE’s 5-year growth plan which is focused on delivering 35,000 visitors and over 550 exhibitors and sponsors by 2029.

“Our vision is to harness the tremendous momentum created by the iGB L!VE brand and to take the event to a whole new level in a new venue, and a new exceptionally well-connected global home in the city of London.

“ExCeL London has a fantastic track record of helping events to fulfil their potential, and all of the building blocks are in place for iGB L!VE and its customers to accelerate their businesses to new heights in London.

She added: “Placing our customers at the heart of everything that we do is central plank to the iGB L!VE growth strategy, and the roadmap for 2025 is underpinned by a clear customer-focused programme that will ensure maximum cost-effectiveness as well as global growth for all of our stakeholders.

“We will be using July’s edition of iGB L!VE not only to reflect and celebrate our time in Amsterdam and say thank you to our fantastic partners for many years RAI Amsterdam, but also enable our vendors and customers to secure their presence at ExCeL London in 2025.”

 

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Latest News

Paf’s results for 2023

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The Nordic gaming company Paf’s annual report for 2023 shows that it has been a good year which means a good sum of Paf funds for society. Paf’s published customer segments show more sustainable revenue in the past year. The Paf board gets a new member.

The Paf Group’s revenue for 2023 increased from €165.7 million to €177.1 million, an increase of 7%. The growth in revenue results in an increase in profit from €44.8 million to €55.1 million, which is a record for Paf.

“We can be happy and proud with the past year. We have gained a larger customer base and the number of active customers has increased by 27%, which explains some of it, but we are also well aware that the temporarily low gaming taxes in Finland have helped the result,” says Christer Fahlstedt, CEO.

Paf’s result is the best result in Paf’s 57-year history and an increase of 23% compared to the previous year. However, gaming taxes in a number of countries will be increased in 2024, which will create different conditions going forward. In Finland, the temporary reduction of the lottery tax has increased from 5% to 12%, in Sweden the gambling tax will increase from 18% to 22%, in Estonia from 5% to 6% and in Latvia from 10% to 12%.

“The trend of increasing gaming taxes will continue, and we expect to see more much-needed demands for increased responsible gaming measures. The changes will result in reduced profitability and many operators will find it more difficult. But Paf is well prepared for the times ahead,” says Christer Fahlstedt.

31.4 million euros in Paf funds
The annual distribution of Paf funds will be €31.4 million. Paf funds are used for the benefit of society, including a number of third sector organisations that work to promote society in social activities, culture, youth work, sports, environmental activities and more.

“It’s undeniably great that Paf is achieving a great result, allowing us to distribute a total of €31.4 million in the form of Paf funds. The employees have done a phenomenal job over the past year, and the Board would like to thank all Paf employees who have made this possible,” says Jan-Mikael von Schantz, Chairman of the Paf Board.

Sustainable entertainment
In 2023, Paf chose to invest heavily in responsible gaming, and the loss limit for all customers was lowered to EUR 17,500 per year. In addition, in spring 2023, Paf introduced a specific loss limit for young players aged 18–19, €1,800 per year. In spring 2024, Paf chose to lower the loss limit for young people aged 20–24. Young people of that age already had a lower loss limit at Paf but it was further reduced from €10,000 to €8,000 per year.

“This is an important continuation of the direction we are striving to take at Paf for our responsible gaming. Now young customers can only gamble with us for sums that are at more sustainable levels and within the framework of the customer segment we have defined ourselves as the green segment,” says Christer Fahlstedt.

Paf’s customer segments 2017–2023
The published table shows the development of gaming in different customer segments from 2017 until 2023. The red segment for customers who have lost more than €30,000 in one year is at zero in recent years, as Paf’s loss limits stop large losses. The white segment shows the number of players who ended the year in profit.

“It is encouraging to see that we have once again increased the green revenues with more sustainable revenues by a full 7.6%. It is possible to change an outdated business model in the industry and we will continue our strive to be a gaming company that provides sustainable entertainment in everyday life,” says Christer Fahlstedt.

The figures for Paf’s customer segments have been reviewed by auditors as part of the audit of the financial statements.

“Our published and open customer segments show what our investments in responsible gaming measures have achieved over the years. The publication gives credibility to our efforts at a level that no other gaming company has been able to show,” says Christer Fahlstedt.

Daniela Forsgård new on the board
Paf gets a new board member when Daniela Forsgård takes a seat on the board. At the same time, Birgitta Eriksson is stepping down after many years on Paf’s board.

“I really want to thank Birgitta for the solid contribution she has made to Paf’s Board over the years.”

“Daniela Forsgård’s merit-based knowledge of finance, combined with the international experience she possesses, will fit in well with the Board. In addition, Daniela has personal experience of Paf as she previously worked at Paf,” says Jan-Mikael von Schantz.

The Paf Board now consists of Chairman Jan-Mikael von Schantz, Board members Gunnar Westerlund, Denise Johansson, Roger Nordlund and Daniela Forsgård.

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