Connect with us

Central Europe

E-Systems and EGT gain ground in Switzerland

George Miller

Published

on

E-Systems and EGT gain ground in Switzerland
Photo Source: egt-bg.com
Reading Time: 2 minutes

 

Since May Euro Games Technology and E-Systems GmbH, the long-term and exclusive distributor of EGT’s products in Switzerland and other European jurisdictions, have launched the Swiss Orange Collection in most Swiss casino operations. Powered by the reliable Exciter III platform, the multi-game is the latest edition of the highly successful Collection Series and contains 48 different titles, a great mix of EGT’s proven performers, as well as 19 brand new games for the local market.

The Swiss Orange Collection is available in most EGT cabinets, such as the innovative Super Premier and Super Premier 75, the stylish and curved P-42V Upright and Slant Top and the timeless classics P-27/27 StP-27/27 St Slim and P-24/24 Up. The premiere of the multi-game in Switzerland took place on May 30 at Casino Pfäffikon-Zürichsee, part of the Swiss Casinos Group, launched in a pair of Super Premier cabinets. Since then many more Super Premier machines with their eye-catching design and comfortable multimedia chair were rolled out together with other available slot models all over the country and stormed to the top of the popularity lists quickly.

Casino Courrendlin, part of the Groupe Barrière in the French speaking part of Switzerland, placed a pair of Super Premier cabinets along with a pair of P-42V Curved Upright machines and the initial reactions of their players were very enthusiastic, followed by highly positive feedbacks.

Just in time to be prepared for their guests, expected during the upcoming snow skiing season, Casino Bad Ragaz also welcomed two Super Premier and two P-42V Curved Slant Top cabinets as some of its highlights for the visitors.

EGT continues to develop the Swiss market and builds on the huge success of the Swiss Orange Collection, following up with a second multi-game of the Collection Series especially for the country – the Swiss Red Collection, which has just become available. It also contains 48 games, adding another 12 new titles. This is how EGT has released a total of 31 brand new games for Switzerland only in 2018, a proof for the company’s commitment and willingness to constantly give more to both operators and players.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Central Europe

STS to focus on further development in Poland

Niji Ng

Published

on

By

STS to focus on further development in Poland
Mateusz Juroszek, STS.pl CEO / Photo Source: e-playbet.com
Reading Time: 2 minutes

 

STS, the premier bookmaker group in Poland, is focusing on further business development in Poland, in spite of the several proposed challenges. STS has categorically ruled out any plans for listing on the stock exchange.

STS currently holds 49 per cent of Poland’s bookmaker’s market in Poland.

“We want to focus on business development in Poland. After the statutory changes, the market is growing all the time. We realise that we will not reach 70 per cent market share, there is an influx of new companies, competition is increasing and the challenge may be to maintain such a high market share. I would be happy if we had 43–45 per cent in five years.” – CEO Mateusz Juroszek told PAP Business.

The President pointed out, quoting the estimates of the “Graj Legalnie”(Play Legally – ed.) Association, that the turnover value of legal bookmaking activities in 2018 should generate about PLN 5 billion. Thus, STS – according to estimates – should make a turnover at the level of approx. PLN 2.5 billion in 2018. In 2017, the STS turnover reached PLN 1.6 billion.

“Analyzing the Italian market, it can be seen that the average Italian spends on one bet five times more than the Pole. The Polish bookmaking market is much younger, Polish society is getting rich, and it has more and more money for betting. Currently, the average amount per bet is PLN 25, and recently it was PLN 19. This should allow us to grow and increase revenues – said president Juroszek – as STS we want to grow faster than the industry in Poland, above all at the expense of illegal competition, which has about 40 per cent of the market” – he added.

The President of STS informed in April that the company has no plans to enter the Warsaw Stock Exchange, which had been mentioned earlier. He also pointed out that the company could make its debut on the London or Stockholm stock exchanges in the future.

 “A few years ago, we said that we would like to go public. Then the company, the stock exchange and the market were in a different situation. We do not need capital, we do not intend to sell the company. Therefore, the stock market debut today is not an interesting topic for us and we do not have any discussions in this matter” – said Mateusz Juroszek.

 

Source: E-PLAYOnline

Continue Reading

Central Europe

Czech government struggles to collect online gambling fines

Niji Ng

Published

on

By

Czech government struggles to collect online gambling fines
Photo Source: internations.org
Reading Time: 1 minute

 

The Czech media is criticising the government for its perceived inability in collecting fines from online gambling operators that operate without a license in the country. According to the media in general, the government is not meeting out fitting punishment to the offenders.

For example, Czech media outlet E15 recently reported that the Ministry of Finance has been failing to collect the fines imposed on internationally licensed online gambling operators have not obtained a license after the new regulatory regime that came into force on 1 January 2017.

The Ministry slapped 24 fines totalling CZK455m (US$20.4m) since the launch of the regulated market, but has to date collected only CZK240k ($10,750). Ministry’s lack of any real resources to force the companies is seen as the reason for the poor collection.

The Ministry responded to the article through a statement that acknowledged the difficulties in trying to force “operators based in the Caribbean, for example” to ship their outstanding fine payments across the pond.

The Ministry further claimed that “the main purpose of the fines is not the enrichment of the Treasury, but the restriction of the illegal offer of gambling. Fines have not only a restrictive but also a preventative effect.” The Ministry insisted that if any of these online rogues were to seek a Czech online gambling license, payment of outstanding fines would be a prerequisite.

The Ministry’s blacklist of rogue online gambling companies lists 116 entities only.

 

Source: CalvinAyre

Continue Reading

Central Europe

Cherry launches “PZBuk” – a new betting site in Poland

George Miller

Published

on

Cherry launches “PZBuk” – a new betting site in Poland
Reading Time: 1 minute

 

Gaming operator Cherry Online Polska, a subsidiary of Cherry AB (publ) – is launching PZBuk, a new sports betting brand in the Polish market. The name can be translated as “The Polish Bookmaker”, in line with the names of major Polish sports associations.

 

Lahcene Merzoug, CEO of ComeOn said:
“Our Polish sports betting licence allows us to launch one of the first brands in the Polish gaming market. At the PZBuk.pl site, we can offer our online services, which are in complete compliance with Polish regulations. PZBuk will be a brand that we fill with exciting and intuitively simple content and will be a good addition to the Polish market.”

PZBuk.pl (Polskie Zakłady Bukmacherskie) offers sports betting both pre-match and in-play, and is clearly designed for Polish customers. Cherry Online Polska is the ninth operator to be licensed in the Polish market, and one of three companies receiving a licence following the introduction of the current regulations on 1 April 2017.

 

CHERRY IN BRIEF:

Cherry is an innovative and fast-growing gaming company with operations in gaming, entertainment and media. The company was founded in 1963 and today, Cherry operates through five diversified business areas: Online Gaming, Game Development, Online Marketing, Gaming Technology, and Restaurant Casino. The Group’s objective is to grow organically in combination with strategic acquisitions of fast-growing companies. Cherry employs some 1,400 people and has about 9,250 shareholders. The company’s class B share is listed on the Nasdaq Stockholm exchange, Mid Cap segment. More information is available at www.cherry.se.

 

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

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

Latest by author

Trending

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