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What We Learned About Novomatic from ICE 2024

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Photo by XR Expo on Unsplash
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From February 6th through to the 8th, London’s ExCeL hosted the world’s largest showcase of tech and innovation providers at ICE 2024. More than 600 brands are packed into the location to give visitors a glance at emerging technologies and services designed to take businesses to the next level.

Among those present was one of the biggest international gaming technology operators and producers, Novomatic. Novomatic casino equipment and solutions are used in hundreds of countries around the world including state-of-the-art video lottery and gaming terminals.

Novomatic was founded in 1980 and works via a number of international subsidiaries to provide an Omni-channel portfolio of products across the gaming industry.

Novomatic saw ICE 2024 as the ideal platform to reach market leaders and potential new clients thanks to its worldwide reputation and the success of Novomatic’s BLACK EDITION II series which was launched at the event in 2023.

This year, Novomatic focused on their V.I.P. X cabinet series which includes the Roral 1.85, Dream 3.43, and Lounge 2.32 provide a luxurious user experience with extra-large gaming screens and armchairs with built-in sound systems.

Novomatic used the event to launch the V.I.P. X Galaxy 2.65, an even bigger integrated unit that provides players with an immersive gaming experience unlike any other. The V.I.P. X series has been designed with premium casinos in mind, but Novomatic’s diverse portfolio doesn’t stop there. 

They also showcased their ActionBook Edge 1.43J which takes sports betting to the next level. This specially designed betting kiosk displays exceedingly quick responses and state-of-the-art graphics on its upright screen and was another favourite of those visiting the booth.

Those who found time to get to the Novomatic booth also had the opportunity to take part in competitions where prizes and surprises were up for grabs. As well as enticing visitors to their booth with giveaways, Novomatic also wowed the crowds with gaming highlights. The V.I.P. X Royal was used to showcase the four titles of Gods & Legends, allowing players to experience the mythical worlds of Vikings, ancient Greece, Asia, and Egypt.

Cash Flood brings a trio of new titles to the table, Magic Cleopatra, Secrets of Wealth, and Roll on Fire. Other highlights include the Superior Golden Link with 5 new titles, Jackpot Xtension Link with 5 new titles, and Novomatic’s new Impera Link Series 2 which boasts an incredible 41 game titles in its arsenal.

Other Novomatic debuts to feature at ICE 2024 include the Superia Premium Mix 3 and Impera Line HD Edition 9 which boast exclusive new features. Those that were already fans of Novomatic titles and tech need not worry about them straying too far from their origins with classic and new titles all benefitting from their new hardware.

While platforms like ICE 2024 give the biggest gaming tech development companies an opportunity to shine, they can be overwhelming with so much to take in. This huge event draws market leaders from a variety of sectors and huge crowds of fans and industry experts who want to be the first to test and review new systems.

Novomatic’s experience shone through at ICE 2024 and they appeared to give visitors exactly what they wanted. Their diverse portfolio allowed them to showcase the latest in immersive gaming in terms of the games and state-of-the-art cabinet systems that excel in comfort and performance. 

Online and in-person casino gaming experiences can differ greatly, but brands like Novomatic are blurring the lines. Operators looking for the latest tech to attract new customers and ensure their service is competitive will be looking at services and hardware provided by Novomatic as inspiration.

Asia

Enforcement Directorate Freezes Rs 123 Crore in Crackdown on Chinese Betting Apps

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The Enforcement Directorate (ED), a law enforcement agency of the Government of India that is responsible for enforcing Economic Laws and fighting Economic Crime, announced on Wednesday that it had frozen bank deposits worth Rs 123 crore following searches at 10 locations in Mumbai, Chennai, and Kochi under the Prevention of Money Laundering Act against “Chinese-controlled” betting and loan apps, which allegedly defrauded numerous individuals.

According to a statement by the ED, the searches were conducted on February 23 and 24 at the premises of NIUM India Pvt Ltd and its directors in Mumbai, Xoduz Solution Pvt Ltd, Vikrah Trading Enterprises Pvt Ltd, Tyrannus Technology Pvt Ltd, M/s Future Vision Media Solutions Pvt Ltd, M/s Aprikiwi Solution Pvt Ltd in Chennai and Raphael James Rozario in Kochi.

“The search operations also resulted in the recovery and seizure of several digital devices, various incriminating documents, multiple bank accounts used for laundering, and details of various movable and immovable assets of the accused persons and entities,” the ED stated.

The searches were aimed at “tracing and unearthing the proceeds of crime in the case of illegal online loan/gambling/betting apps through a cluster of mule accounts in Kerala,” the ED elaborated.

The investigation was initiated based on FIRs registered by Kerala and Haryana Police regarding allegations of exploitation and cheating through online loan, gambling, or betting apps controlled by Chinese entities.

“The proceeds of crime generated from the above apps/other platforms are aggregated and laundered through mule accounts opened in various banks in Kerala State using payment aggregators,” the ED explained.

Additionally, funds collected through multiple shell companies in several states, including Chennai, Bengaluru, Delhi and Mumbai, were being remitted outside India through various channels such as cryptocurrency, against fake imports of software from Singapore and Forex currency purchases.

The ED disclosed that the accused had established numerous shell entities in India and used them to transfer proceeds of crime to shell companies established in Singapore. “These Singapore shell entities would raise fake invoices for the supply of software/other services in the name of the shell Indian entities in India, where the proceeds of crime would have already been aggregated,” the statement said.

“These invoices are processed by a global forex settlement platform named M/s NIUM Singapore Pte Ltd. (Singapore), which has an Indian subsidiary Company, namely NIUM India Pvt. Ltd., to collect money from Indian entities based on fake invoices and transfer the same as outward remittances to M/s NIUM Singapore Pte Ltd in the name of payment for technical services. These funds will then be credited to the virtual wallet of Singapore shell entities,” the ED added.

According to the ED, NIUM India collected no other documentation besides the fake invoices from the remitters.

“In this manner, the shell remitter, the shell remittee, and the sham import transactions were concealed from the Bank and monitoring agencies, and the proceeds of crime are thereby laundered out of India,” the ED concluded.

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Asia

Indonesia Tells Social Media Platform X to Remove Gambling Ads

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The Indonesian government has told the social media platform X, formerly Twitter, to take down gambling ads posted on the platform.

The Indonesian Ministry of Communication and Information Technology summoned representatives of X on Thursday to discuss the country’s measures against illegal gambling ads.

In a press conference, Semuel Abrijani Pangerapan, the Director General of Informatics Applications at the ministry, said the Indonesian government wanted to streamline the process of identifying and removing gambling content.

Pangerapan added that they asked the social media platform to create a system for automatic handling of such tasks.

The ministry also expressed concerns over the gambling ads on X despite previous warnings.

Indonesian netizens earlier expressed concerns over the proliferation of online gambling advertisements on X, involving public figures.

A recent survey by Populix found that 82% or 8 out of 10 Indonesian internet users have been exposed to online gambling content. The survey also found that out of that figure, 63% see online ads every time they surf the Internet.

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Flutter Entertainment Announces Board and Committee Changes

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Flutter announced that David Lazzarato has decided not to seek re-election at the Annual General Meeting to be held on 1 May 2024 and will, therefore, step down from the Board at the conclusion of that meeting.

John Bryant, Chair of Flutter, said: “I wish to take this opportunity to thank David for his exceptional contribution to the Board over the past eight years. We wish David well for the future.”

With effect from the conclusion of the Annual General Meeting on 1 May 2024:

  • Nancy Cruickshank will replace David Lazzarato as Chair of the Risk and Sustainability Committee;
  • Nancy Cruickshank will replace David Lazzarato as a member of the Audit Committee;
  • Nancy Cruickshank will step down as a member of the Compensation and Human Resources Committee and will be replaced by Nancy Dubuc;
  • Nancy Dubuc to be appointed as a member of the Risk and Sustainability Committee; and
  • Nancy Dubuc will step down from the Nominating and Corporate Governance Committee.
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