Latest News
Nolimit City Takes Fans to Discover Tropical Terrors in Beheaded
![Nolimit City Takes Fans to Discover Tropical Terrors in Beheaded](https://europeangaming.eu/portal/wp-content/uploads/2024/06/Beheaded.png)
Forget the dusty saloons of Deadwood R.I.P, the TV dreams of Loner and the spicy dungeons of Kenneth Must Die. This time, you’ll find yourself stranded on a lush island paradise, but paradise takes a dark turn when you discover a Tiki collector with a taste for shrunken heads!
Hunted with no food or water, players must face the base game, which features a Progression Bar, where each fallen head is collected. Filling it up will unlock Soul Wilds that progressively increase in size and power. Wild Symbols add 3 points, High Paying Symbols add 2 points and Medium Paying Symbols add 1 point to the bar. The Ayahuasca Spins feature throws players a lifeline. Each time a new level is reached on the Progression Bar, 2 Free Spins are rewarded.
Heads up there are 5 levels to be reached. As you fill the Progression Bar, you’ll unlock a trio of fearsome Soul Wilds. Each Soul Wild brings a different-sized Wild Symbol to the reels and a multiplier boost.
Reach the top level of the Progression Bar or collect enough Soul Jars to trigger Tzantza Spins. In these Free Spins, 10 Spins are awarded and all Medium Paying symbols are replaced with High Paying Symbols.
After Tzantza Spins have ended (without a Max Win) you are faced with a decision; The Butterfly Potion or the Skull Potion. The Butterfly potion guarantees a win ranging from 5x – 8000x the base bet which is added to the winnings. The Skull Potion on the other hand gives the option of winning the Max Win or losing it all.
The higher the accumulated win amount, the larger the chance to grab the max win. Just remember, the Skull Potion is a true all-or-nothing decision.
xBetâą makes the chase more interesting by tripling the chances of triggering Tzantza Spins. If the Max Win is reached, the âHeadfull Collectionâ is complete, with a maximum payout of 15,950x the base bet. Beheaded is a thrilling slot – and itâs “Extremely Volatile” rating primes it to become a staple in Nolimit Cityâs catalogue.
Per Lindheimer, Head of Product at Nolimit City, said: âBeheaded is a wild ride with tons of features, but it keeps you glued to the screen. The ever-growing Progression Bar filling with fallen heads creates a chilling tension, while the Soul Wilds themselves are a twisted blessing. While the Pick-a-Potion feature injects a dose of Nolimit City signature high-risk, high-reward thrills. SoâŠWhereâs your head at?â
âBeheadedâ will be available to all Nolimit City partners on June 18th, 2024.
Compliance Updates
THE EU AI ACT AND ITS IMPLICATIONS FOR THE IGAMING INDUSTRY
![THE EU AI ACT AND ITS IMPLICATIONS FOR THE IGAMING INDUSTRY](https://europeangaming.eu/portal/wp-content/uploads/2024/06/danil_ai.png)
By: Danil Emelyanov, Head of AI Labs, Betby
First of all, the regulation of AI is inevitable. The EU was the first to step into this arena with the EU AI Act, setting a precedent that other parts of the world will likely follow. This proactive approach positions the EU as a leader in AI governance, but it also means that regions adopting similar regulations later might benefit from the lessons learned and adjustments made in response to early implementations.
The downside is that those who come last to the regulatory scene might indeed benefit the most. For instance, the competitive landscape in AI innovation currently favors new entrants in the US or UK over Europe, partly due to the stringent compliance requirements of the EU AI Act. This regulation could potentially affect the flow of investments into European AI ventures, making regions with more flexible or yet-to-be-defined regulations more attractive for AI start-ups and investors.
However, the positive aspect is the collaborative approach the EU has taken in drafting this legislation. It’s not a one-way mandate from legislators to businesses; rather, it involves dialogue and input from various stakeholders, including tech companies and open-source communities. Notably, there are exemptions for open-source AI models, likely influenced by contributions from French and German tech firms like Mistral and Aleph Alpha, which have been vocal about the importance of open-source innovation.
The AI Act predominantly focuses on regulating foundation models rather than classic machine learning models. The legislation sets a computational power threshold at 10^25 floating-point operations per second (FLOPS), below which AI systems are generally exempt from stringent regulations. This threshold implies that unless an organization is training a model on the scale of GPT-3.5 or larger, compliance concerns are minimal. This serves as a reminder of the value of simpler machine learning techniques like logistic regression and random forests, which can effectively solve business problems without the complexity and regulatory scrutiny of more advanced models.
For the iGaming industry, the implications of the EU AI Act are relatively manageable. Our legal teams will diligently study the law to ensure compliance, even if it means a slight reduction in the accuracy of our models. This cautious approach is necessary because the fines for non-compliance are substantial, ranging from 1.5% to 7% of global turnover, depending on the severity of the offense and the size of the company. Additionally, some aspects of the Act are vaguely defined, which could pose challenges in interpretation and application.
Despite these challenges, the iGaming sector should remain vigilant. Staying informed about regulatory updates and actively engaging with the regulatory process can help mitigate risks and ensure smooth compliance. The EU AI Act sets high standards for transparency, accountability, and ethical AI use, which, whilst demanding, also push the industry towards more responsible AI deployment.
Latest News
BetMGM UK partners with Premier League club Wolverhampton Wanderers F.C.
![BetMGM UK partners with Premier League club Wolverhampton Wanderers F.C.](https://europeangaming.eu/portal/wp-content/uploads/2024/06/bmgm-announcement.jpg)
LeoVegas Group is happy to announce a new multi-year partnership with Premier League club Wolverhampton Wanderers F.C., which will see the leading sports betting brand BetMGM becoming the clubâs Official European Betting Partner. The Group has been a partner of the club since the 2023/2024 season, successfully boosting international brand awareness and recognition of the Groupâs brands.Â
The new partnership will see BetMGM feature on Wolvesâ double row pitch-side LED advertising system, static branding sites, and media interview backdrops at Molineux Stadium and the Sir Jack Hayward Training Ground for the 2024/2025 and 2025/2026 seasons.
Russell Jones, GM Marketing & Commercial Growth at Wolverhampton Wanderers F.C. said âWeâre delighted to announce this partnership with BetMGM UK, and thank them for their support as we head into the 24/25 Premier League season.
âTheir support is invaluable to the club as we look to expand our portfolio of commercial partners and we look forward to working with the BetMGM team over the next two seasons.
Sam Behar, UK Director BetMGM, said âItâs been almost a year since we started collaborating with Wolves, and we are very excited to continue this successful, awareness-boosting partnership for the next two years. Wolves are one of the most established clubs in the Premier League, and we canât wait to see them in the first game of the season against Arsenal in August!â
Latest News
BETBY RELEASES REPORT ON CHAMPIONS LEAGUE 2023/2024 BETTING TRENDS
![BETBY RELEASES REPORT ON CHAMPIONS LEAGUE 2023/2024 BETTING TRENDS](https://europeangaming.eu/portal/wp-content/uploads/2024/06/REPORT_CHAMPS_LEAGUE@publisher.jpg)
BETBY, a leading provider of B2B sportsbook solutions, has unveiled a detailed analysis of betting trends observed during the Champions League 2023/2024 season, focusing extensively on the climactic final match between Real Madrid and Borussia Dortmund. This report offers valuable insights into the intricate relationship between player behavior and betting activities within one of football’s most prestigious tournaments.
Of particular interest is the scrutiny of the final showdown between Real Madrid and Borussia Dortmund.
The report covers various key aspects, including:
Segmentation of Overall Betting Volume: Analysis of the total volume of bets placed throughout the Champions League 2023/2024 season.
Types of Bets: Examination of the most popular types of bets placed by viewers and bettors during the tournament.
Evolution of Betting Odds: Insights into how betting odds fluctuated across different stages of the tournament, including pre-match and live betting markets.
Player Performance Impact: Assessment of how individual player performances influenced betting patterns and market dynamics.
Final Match Focus: Detailed exploration of betting behaviors and market shifts during the high-stakes final match between Real Madrid and Borussia Dortmund.
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