Connect with us

Industry News

The RISQ igaming insurance platform (iGiP) pays out record £25m jackpot

Published

on

RISQ igaming insurance platform (iGiP) pays out record £25m jackpot
Reading Time: 2 minutes

 

RISQ, the leaders in insurance-backed acquisition and retention services for the igaming industry, have announced their first £25m jackpot winner via the sweepstake and contests platform, Happy Pay.

The lucky winner of this life-changing prize entered the free-to-play prize draw via one of Happy Pay’s popular portfolio of promotional jackpot products, available across a range of assorted ecommerce websites.

Since partnering with RISQ over a year ago, Happy Pay’s clients have reported significant boosts in daily entrants due to increased jackpot sizes, whose levels RISQ has escalated by over 150%, proving their worth as a driver of traffic, player-engagement and sales across all platforms and devices.

RISQ’s insurance-backed solution enables the creation of non-networked prizes across a wide range of game types and channels. This diverse and tailored jackpot provision adds real substance and value to a company’s product offering and marketing campaigns, as evidenced by RISQ’s wide scope of B2B partnerships.

It’s the latest application from RISQ, whose leading igaming insurance platform is creating new levels in player acquisition and retention via its scalable jackpots of up to £150m. These flexible solutions offer operators and platform-providers access to some of the biggest payouts in the industry.

RISQ’s B2B Director, Tom Mitchell, said the record £25m jackpot provided ready proof of RISQ’s unique ability to pay out promptly on even the biggest industry jackpots, thanks to their contracts with A-rated reinsurers.

Mitchell said: “As volumes increase on our insurance platform (iGiP), jackpot payouts will become more and more frequent. Ultimately, in the event of any jackpot win, our clients rely on our ability to pay out quickly and with no hidden complications.

“I certainly feel that we have proven this capacity with Happy Pay. As we grow and develop, our goal is for the platform to give clients access to any winnings within 24 hours. By continuing to improve our technology, processes and reinsurance contracts, I believe that this is a realistic target.”

 

About RISQ:

RISQ’s iGaming insurance Platform (iGiP) creates new levels of player acquisition and retention with scalable jackpots and high limit bets. These flexible solutions offer operators and platform-providers access to some of the biggest non-networked jackpot payouts in the industry. RISQ also provide ancillary coverage for betting-on-lottery platforms up to £150m (featuring national, state and provincial lottery betting) as well as free-to-play sports predictor games for event-based competitions. RISQ’s insurance platform is backed by a team of innovative and experienced professionals in both risk and sporting analytics, leveraging over a dozen insurance markets, including Lloyd’s of London and their affiliates.

 

Advertisement Kasynos.Online

Industry News

Betsoft Gaming Signs Partnership Deal with Simsino

Published

on

Reading Time: < 1 minute

 

Betsoft Gaming has signed a partnership deal with Simsino, iGG’s newly launched casino brand.

The MGA licenced casino – simsino.com – will host Betsoft’s portfolio of table games and award-winning slots. Latest releases Alkemor’s Elements and the anime themed Kensei Blades, alongside classic hits The Slotfather and Weekend in Vegas are already available to play.

In order to further enhance gameplay, Betsoft launched its first promotional product, Take the Prize, earlier this year. The promotional tool will significantly add to the overall player experience by offering a random fortune wheel with cash prizes or bonuses in any of Betsoft’s qualifying games throughout any promotion.

Simsino has been designed to appeal to a younger player base looking for exciting promotions and fast, immersive gameplay. A generous Welcome Bonus and a unique “Simsino Cashback” feature are available as part of the Simsino loyalty programme. Furthermore, the easy-to-navigate site offers a streamlined user experience to take players straight to the games and promotions they want.

Anna Mackney, Head of Account Management at Betsoft Gaming, said: “We are delighted to be partnering with Simsino as they are a young and innovative brand. Betsoft has a diverse portfolio which appeals across many demographics and we anticipate a successful relationship with Simsino.”

John Foster, Head of Games & Aggregation Manager, iGG WhiteLabels, said: “Great content is a significant driver of customer traffic and so a provider of Betsoft’s calibre is essential for simsino.com and other iGG WhiteLabels. We look forward to seeing this partnership enhance players’ engagement with the brand.”

Continue Reading

Industry News

Entain Appoints Rahul Welde as Independent Non-Executive Director

Published

on

Reading Time: < 1 minute

 

Entain plc, the leading global sports betting, gaming and interactive entertainment group, announced the appointment of Rahul Welde as an independent Non-Executive Director. The appointment will take effect from 1 July 2022.

Rahul was most recently Executive Vice President of Global Digital Transformation at Unilever plc where he drove digital strategies for the Unilever brands. He is an Indian national and brings over 30 years’ experience in the global fast-moving consumer goods sector. On appointment, Rahul will become a member of the ESG (Environmental, Social and Governance) Committee.

“On behalf of the Board, I am delighted to welcome Rahul to Entain. Rahul brings with him exceptional knowledge of customer experience excellence, ecommerce and digital transformation. I am confident that his skills and expertise will further enhance the Board’s ability to support and oversee the delivery of our strategy,” Barry Gibson, Chairman of Entain, said.

Continue Reading

Industry News

EM Group Joins Dutch Online Gambling Association

Published

on

Reading Time: < 1 minute

 

The Dutch Online Gambling Association (NOGA) has welcomed EM Group as the newest member of the trade association.

The move comes as NOGA works to unite industry figures “under one flag” and to represent the industry’s collective interests as a whole.

The organisation has laid out some of its primary objectives, with two major goals being guarantees of consumer protection and the advocation of responsible gambling. NOGA hopes to achieve these through forging new partnerships and alliances with other key industry figures.

NOGA Director Peter-Paul de Goeij says the partnership has given NOGA a major boost, and that “EM Group also endorses NOGA’s core values ​​and objectives, and helps to achieve and defend them.”

He went on to describe how EM Group’s 15 years of international experience “is a great added value for us, and it also offers a wealth of additional expertise and experience that can only benefit the members of NOGA and the wider industry.”

EM Group MD Kees-Jan Avis said: “From EM Group we are very pleased to be part of the NOGA family.”

In describing NOGA and EM Group’s common goals, he said: “Think, for example, of the objectives and core values ​​with regard to the integrity and social responsibility of the sector.

“NOGA also endorses this and that is why we enter into the collaboration with great conviction and confidence. Our goal is to make a joint contribution to the online gambling market in the Netherlands and beyond.”

Continue Reading
Advertisement
EvoPlay
Advertisement

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.