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Ganapati Group has announced the appointment of Eman Pulis, the CEO of SiGMA as Senior Advisor of GanaEight Coin Limited.

Zoltan Tundik

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In the picture: Eman Pulis
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On Friday, August 3, 2018 Ganapati Group announced the appointment of Eman Pulis, the CEO of SiGMA (Summit of iGaming Malta and Malta Blockchain Summit) as one of the Senior Advisors of GanaEight Coin Limited, the Issuer of G8C tokens. As published on July 7 2018, G8C tokens can be used in online casinos.

Eman Pulis has a degree in Education with first-class honours. He also holds a master’s degree in both “diplomacy” and “creativity & innovation.”

SiGMA, led by Eman as CEO, is known to create heat during Malta Gaming Week, recognized as the must-go iGaming event held in November. The event attracts over 500 exhibitors and sponsors, 12,000 representatives, and 150 speakers every year. In addition, the Malta Blockchain Summit sponsored and hosted by SiGMA, is the world’s largest blockchain-related event attracting a number of investors and stakeholders from virtual currency related industries across the world, including Ganapati Groups’s GanaEight Coin Limited.

Eman said: “I’ve worked with the team behind Ganapati for the last three years and the relationship has matured into one based on mutual trust. The technical expertise and all round backing behind their ICO makes G8C a winner. I’m thrilled to walk this journey with them as an advisor and bring my wealth of contacts to the table.”

On July 25, GanaEight Coin Limited, a legal entity that will issue G8C, announced that two qualified lawyers, Hayato Terai from Japan and Kristina Deguara from Malta, had assumed the posts as its Co-CEOs and will engage in practical affairs of the ICO.

With the two lawyers as its Co-CEOs and Eman Pulis, who has acquired vast experience and knowledge in blockchain through his great accomplishments in the online casino industry, as its Senior Advisor, GanaEight Coin Limited will take a great leap in its online casino platform development project. The project is based on Ganapati Group’s proprietary ICO and blockchain technologies and will help in reaching success.

GanaEight Coin Limited’s promotional video has also been updated and is available on the Ganapati Group website.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Cryptocurrency

Sportsbet.io lands headline Watford F.C. shirt sponsorship

George Miller

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Sportsbet.io lands headline Watford F.C. shirt sponsorship
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Disruptive sports betting brand Sportsbet.io has agreed a deal to become the Main Club Partner of Premier League team Watford F.C. after securing a landmark agreement with the 2019 FA Cup finalists.

The deal, the likes of which have never been seen before in the cryptocurrency sportsbook world, will see the Sportsbet.io’s logo appear on the front of Watford shirts for the next three years.

Sportsbet.io branding will also feature at Watford’s home ground of Vicarage Road from the start of the new Premier League season, which kicks off on August 10 against Brighton and Hove Albion.

The announcement comes as Sportsbet.io recently celebrated its third birthday, and marks a major step up in its marketing activity. Earlier this month, Sportsbet.io sponsored the CONIFA European Football Cup, which was won in dramatic fashion by South Ossetia.

A video created by the leading online sportsbook called ‘Know No Borders’ has been released celebrating the partnership, Sportsbet.io has also kicked off the first special promo to celebrate the big news.

Justin Le Brocque, Head of Sportsbook Marketing at Sportsbet.io, said: “The Premier League is the most watched sports league in the world, so we are absolutely delighted to announce a major sponsorship deal with one of its most celebrated teams.

“Like Watford, Sportsbet.io knows no borders in its efforts to bring fun, fast and fair entertainment and excellence to a truly global audience. We are both looking to disrupt more established competitors and need to be creative in the way we approach this challenge.

“We share the club’s desire to combine passion and innovation to reach the top, and we look forward to doing everything we can to support Watford next season and beyond.”

Spencer Field, Global Strategy & Partnerships Director of Watford FC, said “This is an important year for the club as we aim to improve on a fantastic season both on and off the pitch in 2018/19.

“Our desire to increase our global reach while continuing to make our fans proud by doing things differently in the Watford way is fully supported by Sportsbet.io. We are thrilled to have found a partner that matches our ethos by looking to disrupt the betting industry and offer their customers a fun, fast and fair experience.”

The partnership, the largest in Watford’s history, will see Sportsbet.io’s branding across Watford FC’s home, away and goalkeeping shirts, as well as training kit for both men’s and ladies’ team.

This historic deal was negotiated and concluded by Samson Sport Consultancy and Kalus Kenny Intelex.

Operated by the Coingaming Group, Sportsbet.io has quickly established itself as one of the most disruptive sports betting brands in the world, offering players a world-class experience and the ability to bet on sports with both traditional local currencies and cryptocurrencies.

Watford F.C. enjoyed a successful 2018/19 under manager Javi Gracia, finishing 11th in the league and reaching the final of the FA Cup.

 

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Compliance Updates

Israeli Supreme Court Passes Landmark Verdict on Crypto Exchanges

Niji Narayan

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Israeli Supreme Court Passes Landmark Verdict on Crypto Exchanges
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The Supreme Court of Israel has ruled that Leumi Bank cannot freeze the cryptocurrency exchange Bits of Gold’s account because of regulatory concerns.

The bank, in spite of the court ruling , still maintains its stance against dealing with the exchange. However, the ruling sets precedent for Israeli cryptocurrency firms to legally use traditional banking services in the region.

This history of the landmark goes like this:

In 2017, the Israeli Supreme Court previously ruled in favor of Leumi in a separate case against Bits of Gold, in which the bank restricted the exchange’s account on the grounds that bitcoin (BTC) transactions could not comply with the country’s anti-money laundering (AML) laws.

In 2018, however, the Israeli Supreme Court ruled that Leumi Bank could not block account transactions on the grounds that they went to BTC exchanges, purportedly “websites that execute gambling transactions.” Further, Judge Anat Baron issued a court order temporarily barring Leumi from blocking Bits of Gold’s bank account.

Judge Baron commented that since there was no indication of any AML violations over five years of exchange transactions, there are not any grounds to continue blocking Bits of Gold’s account. Baron noted, however, that the decision to issue the court order did not prevent the bank from scrutinizing the exchange’s behavior or complying with their risk management policy.

In March 2019, the Israeli Securities Authority issued its final recommendations for cryptocurrency regulations. The report includes several ideas for how to support the cryptocurrency space in the country, including the establishment of a regulatory sandbox.

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Cryptocurrency

Quanta Expands Its Payment Gateway and Increase Accessibility For Game Players

George Miller

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Quanta Expands Its Payment Gateway and Increase Accessibility For Game Players
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Quanta Technology the world’s first licensed blockchain lottery operator is excited and delighted to announce that it has introduced additional crypto currencies, QNTU and Bitcoin, as an acceptable payment to buy Quanta Game Tokens (QGT). Previously Ethereum was the only currency available to buy QGT, the in-game token in Quanta’s private blockchain environment.

With the latest Payment Gateway development, players can now use QNTU and Bitcoin on top of Ethereum. This gives players more payment options and extending the base to include those who currently only use Bitcoin, as well as increase the usage of QNTU, increasing the number of active players.

Alongside this new development, every player will now be able to withdraw their winnings back in the same currency they used to deposit in. Meaning if a player used Bitcoin to buy QGT, this will be the currency players receive by converting it back.

“This accomplishment is a significant milestone for Quanta, and align with our mission to leverage the gaming industry in the blockchain era,” said Kostas Farris, Acting CEO and Director of Quanta. “As we progress to increase the variety of acceptable currencies through our payment gateway, stakeholders in the gaming industry will see the benefits of utilizing our revolutionary blockchain technology as a part of their business and create a single trusted and transparent platform for players.”

Quanta currently runs a weekly prize draw, the ‘Quanta Prize Draw’ (www.myquanta.im), which is regulated by the Isle of Man Gambling Supervision Commission and has a range of prizes and a potential jackpot. In fact, one lucky winner in the Isle of Man has very recently scooped the top prize. Look out for news about our latest Jackpot win on Facebook and Telegram.

Quanta is also the major shareholder of Naija Lottery which is currently one of the biggest game operators in Nigeria.

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