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Introducing TRI Software from Fincore
Fincore is pleased to announce the launch of its flagship TRI Software, a powerful, modular solution that allows operators to ultimately own their own platform and tech stack.
TRI is made up of three core components – TRI Hub (player account management, bonus, loyalty and data), Sportsbook and Gaming – and offers a host of benefits for operators that want to take control of their technology to deliver a superior player experience, be more efficient and boost revenues.
It is truly modular and highly customisable with each module or micro-service designed to operate brilliantly as standalone software or combined with the others that make up TRI Software suite.
The key to driving player engagement and retention is being able to give customers what they want, exactly at the moment they want it. TRI turns real-time data into actionable insights, so the Operator knows the next best step.
This becomes super powerful when combined with rules-based automation, which automates the majority of tasks, both ensuring insights are actioned at exactly the right moment and freeing up people to focus on the exceptions, taking efficiency and engagement to the next level.
For any Operator that’s serious about growing their business, owning your own platform is essential. While white label solutions are good for starting out, having control over your technology is crucial as you expand. Why risk your hard-earned customer base by relying on a third party that may prioritise other requests over yours?
TRI Software has been developed specifically to allow operators of all sizes to own their own technology. Fincore supports its customers in the initial customisation, set-up and launch and then hands over the platform allowing operators to unlock the benefits of platform ownership while de-risking the whole process.
TRI Software is built on the latest open-source software and tech stack, future-proofing an operator’s business both in terms of its technology and people skills – the pool of skilled developers for legacy tech is shrinking making existing systems more expensive and harder to maintain.
TRI Software is currently being deployed with operators in the US, UK, Europe, and Africa with a small number of new customer spaces available for the remainder of the year.
Mateja Popovic, CEO at Fincore, said: “TRI Software provides a fast track for operators to own their own platform and tech stack. Operators running on legacy platforms simply can’t keep pace with those using modern solutions, while white-label brands find themselves in long development queues.
“TRI Software has been developed to overcome these pain points, putting the power in the hands of the operator. It is truly modular and highly customisable and leverages the power of data and automation to allow operators to beat the customer clock and drive better engagement and retention.
“We look forward to speaking to operators about how Fincore can help them take their business to the next level.”
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Kambi Group plc completes share buyback programme initiated on 18 March 2024
Kambi has during the period 13 May to 17 May 2024 (the “Buyback Period”) repurchased a total of 92,000 ordinary B shares (ISIN: MT0000780107) at a volume-weighted average price of 104.89 SEK as part of the Programme. From the beginning of the Programme, which started on 18 March, until and including 17 May 2024, Kambi has repurchased a total of 479,086 ordinary B shares at a volume-weighted average price of 96.49 SEK per share.
The objective of the Programme was to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme was carried out in accordance with the Maltese Companies Act, the EU Market Abuse Regulation No 596/2014 (“MAR”), Commission Delegated Regulation (EU) No 2016/1052 (“Safe Harbour Regulation”) and other applicable rules.
During the Buyback Period, Kambi has repurchased shares as follows:
Date | Aggregated daily volume (number of ordinary B shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
13 May 2024 | 20,000 | 105.08 | 2,101,612 |
14 May 2024 | 25,000 | 107.22 | 2,680,383 |
15 May 2024 | 30,000 | 104.99 | 3,149,601 |
16 May 2024 | 15,000 | 101.23 | 1,518,519 |
17 May 2024 | 2,000 | 99.98 | 199,958 |
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 17 May 2024, Kambi’s holding of its own shares amounted to 1,374,678 and the total number of issued shares in Kambi is 31,278,297 ordinary B shares. Under the Programme Kambi was authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €4.0 million.
Latest News
BGC Calls for Urgent Implementation of Casino Modernisation Plans
Standards body The Betting and Gaming Council has welcomed the modernisation plans for casinos, and called for their swift implementation.
Proposals outlined by the Department for Culture, Media and Sport, in their White Paper consultation response on land-based betting and gaming, included a host of modest, but mission critical, modernisation measures.
While it will take time to consider the full impact of the proposals, they did include the introduction of cashless payments, new rules on gaming machines allocations and allowing all casinos to offer sports betting for the first time.
In a further move welcomed by the BGC, the government said the Gambling Commission would consult on player protection measures to ensure the correct standards are in place where debit card payments are used on gaming machines.
While these proposals are welcome, the BGC urged ministers to act swiftly to implement the plans, so businesses could improve their offer to customers without delay.
Michael Dugher, CEO and Acting Chair of the Betting and Gaming Council, said: “Casinos are a vital pillar of the UK’s leisure, hospitality and tourism sector and we welcome the Government’s consultation response which is positive progress on the modest, long-overdue but mission critical modernisation reforms needed for the land-based casino sector to compete and thrive.
“Casinos currently employ more than 10,000 people, contribute £300m annually in tax and generate an estimated £800m a year to the UK economy.
“Much needed reforms on cashless payments, gaming machine allocations and allowing all casinos to offer sports betting will strengthen the sector to better meet the needs and expectations of their customers.
“While we welcome these proposals, attention must now shift to the timeline for implementing policy changes and we urge the Government to urgently set out a clear timeline for progressing the relevant legislation to make them reality for our members.
“Too many casinos have sadly closed in recent years as successive administrations failed to deliver the changes we needed to protect jobs and growth. The BGC and our fantastic casino members have campaigned for these new measures for years to allow businesses to modernise, innovate and grow, and we strongly welcome the Government’s approach to ensure casinos are better placed to make that happened.”
The new proposals were outlined in a Written Ministerial Statement, by Minister for Sport, Gambling and Civil Society Stuart Andrew MP.
Announcing the new measures, he said: “As set out in the Gambling Act Review white paper, the measures we consulted on are therefore necessary to modernise the outdated and overly restrictive regulations that apply to the land-based gambling sector.”
Casinos are a vital pillar of the regulated betting and gaming sector, as well as the leisure, tourism and hospitality sector. In London alone, they deliver an additional £100m to the capital’s economy. Each month around 22.5m adults in Britain enjoy a bet, whether it’s buying a lottery ticket, having a game of bingo, visiting a casino, playing online or having a wager on football, horseracing and other sports.
The regulated betting and gaming industry, including the land-based sector, already makes a huge economic contribution throughout the UK, with BGC members supporting 110,000 jobs, generating £4.2bn in tax and contributing £7.1bn to the economy. Meanwhile, the most recent NHS Health Survey for England estimated that 0.4% of the adult population are problem gamblers.
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Amusnet Releases Diamond Plus Football Edition Video Slot
Amusnet has released a classical slot with a thematic twist in its Online Casino portfolio in light of the UEFA European Football Championship – Diamond Plus Football Edition.
Football fans will be able to enjoy exciting gameplay thanks to the high-quality graphics, ambient music, and a variety of features. The latest addition to Amusnet’s portfolio features 5 reels and 9 symbols, perfectly combining a classical fruit slot with the game’s exciting football theme to form 10 fixed paylines with spectacular prizes. Watch out for the Ball that acts as a Wild symbol boosting the already juicy wins.
Respin
When triggered, the reels on which a Wild symbol appears are being held, and the rest of the reels start to rotate automatically.
Gamble
Players can use the Gamble feature and play the game to boost their winnings.
Jackpot Cards
The Jackpot Cards Bonus game is triggered at random during the gameplay to allow players to win impressive Jackpots.
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