Press Releases
BetterBetting World Cup App now in full swing
29 June 2018, London, UK – BetterBetting, a Blockchain-based, decentralised peer-to-peer sports betting system, has soft launched their World Cup 2018 betting app. This unique system, released in time for the World Cup on 14th June, provides a mechanism for two parties to bet with one another on the blockchain with secure contracts.
Ethereum contracts are key to the system as they escrow funds from both parties and hold them until settlement. All bets are placed and settled using the BETR token, released in an initial token offering and currently trading and available for purchase on major exchanges such as HitBTC, Bancor, IDEX, Etherdelta, Bisq and Waves.
“The World Cup is a great event to test our first release. We have had a very positive response and look forward to increased usage over the coming weeks. The team has worked incredibly hard to produce this technology in the time scale we set post our successful ICO. Further releases will feature improved user interfaces, functionality and user experience. They will include main football leagues in time for the 2018/19 season, including the English Premier League, Spanish Primera Liga and the German Bundesliga. We intend to add sports in accordance with user feedback and demand so there may well be additional sports even before the European football season starts.” CEO Adriaan Brink commented
BetterBetting have deployed several products to facilitate this Blockchain betting: The first instance of a BetterBetting Node (BBN) which manages the dissemination of odds and provides APIs to power independent user apps, a BETR Wallet to make it easy to store and use BETR tokens and an Android App that uses the BBN APIs and exposes an easy-to-use odds selection interface.
The multi-user BBN allows anyone to create an account on the BBN and lay bets. Ultimately there will be many of these BBN’s, all communicating with one another. The first BBN was created specifically for the World Cup and can be found at https://betr2018.io. Users can lay bets on all the World Cup games with an extensive set of markets to choose from. All markets are available with reference pricing which is derived in real time from bookmakers. Users can tweak their odds pricing above or below the market in order to offer bets with lower or higher margin.
The Android app can be downloaded at the Google Play Store here. It was created by a 3rd party app developer and enabled Better Betting to test the APIs. A web app will be available in the very near future followed by other versions. The BETR wallet is a standard ether wallet that holds a bettor’s funds and exposes the API that provides seamless signing and execution of Ethereum contract calls against the user’s account. This provides a better in-app experience for any contract execution not limited to interactions with the BETR token. The odds apps have no access to wallet information or funds.
“This is the first release and was produced in record time after the ICO. It is only the start and there are many iterations and improvements to come as the product is expanded and becomes more mainstream in functionality. We have a great team behind us and we are confident the success of this project will continue” said CEO Adriaan Brink
For further information on BetterBetting and information on using the system please visit the website at www.betr.org
Latest News
Introducing Tower Rush – The latest Turbo Game Release by Galaxsys
Galaxsys, a leading game studio in the gaming industry, is thrilled to announce the launch of its latest turbo game, Tower Rush. The game offers players a thrilling gaming experience with its innovative gameplay mechanics and exciting bonus features.
The Procedure of Conducting the Game and the Winning Options
Tower Rush challenges players to strategically place building floors on top of each other, aiming to achieve the highest possible odds. With limitless potential for stacking floors, players can create an endless chain of structures while avoiding collapses. Successfully placing a floor results in winning corresponding odds, while a collapse leads to a loss.
The Procedure of Making Bets in the Game
To start the game, players specify their bet amount and press the “Build” button. Floors are dropped from above, and successful placement results in winnings. Players have the option to cash out or continue building. Multiple successful placements increase winnings exponentially, while a collapse allows players to start a new round.
About the Game:
In Tower Rush, the goal is to avoid collapses and secure wins by successfully placing each floor. When players successfully place the floor, the winning odds for each new floor will be multiplied by one another, and upon cashing out, the bet amount will be multiplied by this cumulative odds value.
Main Highlights:
- Up to 3 Unique Bonus Floors: In the game, there are three different ways to receive bonuses: Frozen Floor, Temple Floor, and Triple Build.
- Unique Game Concept: Tower Rush introduces an original gameplay concept that sets it apart in the iGaming industry.
- Dynamic Animations: As we put player satisfaction at the heart of all the design decisions, the game is designed in a way that is the most convenient for the players, both visually and functionally.
- Bonus Systems: FreeBet and FreeAmount promotional tools provide an option to reward bonuses to the players, with the terms set by the operator.
- Provable Fairness: We only use the most reliable and high-end Random Number Generator technologies to ensure true randomness.
Tower Rush is a unique turbo game, offering players up to three unique bonus floors, an original gameplay concept, dynamic animations prioritizing player satisfaction, and an advanced bonus system, all backed by provable fairness and latest innovation technologies.
For more information about the game please visit galaxsys.co/
Latest News
MGA Games presents Rainbow Gold Fortunes, a slot inspired by traditional Irish culture
MGA Games, a leader in localised casino games for the iGaming industry, unveils a world of colour, excitement and riches in Rainbow Gold Fortunes, a casino game that immerses players in the essence of Irish culture. Starring a friendly Irish leprechaun, this new slot is filled with symbols typical of Irish culture, such as shamrocks, tankards, Celtic runes, pipes and mushrooms. Plus, traditional Irish music adds to the immersive experience.
This slot incorporates a 5×3 format with 20 paylines. Each win in the main game unleashes an explosion of excitement, replacing symbols and multiplying wins. Scatter symbols unlock access to the Free Spins screen, with even more powerful multipliers. Moreover, Rainbow Gold Fortunes features the exciting Cauldrons mini-game, which is accessed by landing three or more Bonus symbols in the main game. In this mini-game, 5 cauldrons filled with gold appear. The player must select cauldrons until all of them have been selected or Exit appears. The final prize is the sum of the accumulated prizes.
In MGA Games’ new release, the magic of Ireland and the excitement of a casino combine to deliver a unique, high-retention player experience with a variety of winning opportunities, whether in the main game, the Free Spins screen or its exciting mini-game.
Latest News
Kambi Group plc publishes 2023 Annual Report and Accounts
Kambi Group plc, the world’s trusted sports betting partner, has today published its 2023 Annual Report and Accounts
This can be downloaded from the company website kambi.com or accessed via the PDF in this press release. The report is also available at .kambi.com/annualreport2023/.
Key highlights for Kambi during the year include:
- A 13% increase in revenue to €173.3 million when excluding the one-off termination fee from Penn recorded in Q4 2022
- €25.2 million in EBITA (acq)*
- 10 new operator signings including Bally’s Corporation, LiveScore Group and Svenska Spel
- Seven partnerships extensions including ATG, Betplay, LeoVegas Group and Rush Street Interactive
- 60+ sportsbook launches across multiple markets in Europe, Latin America and the US
- Repaid the full €7.5 million convertible bond previously held by Kindred Group to give Kambi full control over its future strategic direction
*EBITA (acq) = Earnings before interest, taxation, Items affecting comparability and amortisation on acquired intangible assets
The Annual General Meeting will be held on 21 May 2024 at 14:00 CEST in Birkirkara, Malta.
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