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Nolimit City signs distribution deal with SoftGamings

George Miller

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Nolimit City signs distribution deal with SoftGamings
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Leading casino aggregator, SoftGamings, partners with Nolimit City

 

Nolimit City is the latest provider to join SoftGamings’ extensive supplier library thanks to the partnership deal successfully inked between the two. This comes after the Swedish-Malta based software provider announced several other deals with leading Tier1 operators throughout 2018.

The deal will open the doors to multiple emerging markets, thanks the extensive reach by the established aggregator and platform. Part of Nolimit’s 2018 strategy is to take an open and embracive approach in collaborating with reputable resellers that hold a high standard in representing premium suppliers.

SoftGamings have been in the online gambling scene for over 10 years, constantly improving and building on a strong independent turnkey platform that offers more than 3000+ games. Their model has proven to deliver continued success and they remain at the forefront towards delivering one of the widest portfolios to date. The aggregator will have full access to Nolimit’s growing portfolio including classic titles like; Wixx, Hot Nudge and Casino Win Spin along with all other premium titles by the supplier.

Malcolm Mizzi, Head of Sales at Nolimit City, added: “The goal remains to expand our reach prove that Nolimit is the next big player in the industry. We’re always happy to make new friends and this marks yet another great relationship to celebrate. SoftGamings have a lot going for them and we are keen to be part of their illustrious portfolio of partners.”

Irina Sazonova, Director of Partnerships for SoftGamings, stated:“We are glad to announce our partnership with Nolimit City. The most fascinating thing about Nolimit includes its high-end portfolio that contains cutting-edge solutions and products. Nolimit already has strong footings in the industry and it keeps improving to provide players with best gaming experience. It is a delight to have an innovative provider like Nolimit in our portfolio.”

About Nolimit City:
Nolimit City is a Stockholm-based online casino platform and game developer, offering high-quality content and services to operators around the world. The company has designed and developed its platform in-house from the ground-up; delivering a strong and powerful engine that can take large volumes of play and social interaction in its stride, on both desktop and mobile. It is coupled to an innovative back office and bonus toolbox, providing a one-stop shop for our partners. It is hugely flexible, and can be tailored to individual operator requirements and needs. We employ some of the smartest minds and artistic talents in the industry; people passionate about gambling and technology. They have helped us to create a portfolio bursting with fun and engaging games for both casino and lottery operators, including Oktoberfest, Space Arcade, WiXX, Kitchen Drama: BBQ Frenzy/Sushi Mania and Bet on Poker.

About SoftGamings:
SoftGamings is a B2B casino platforms provider and gaming systems aggregator. With over 10 years of experience in the industry, SoftGamings provides solutions demanded in the market and develops its own creative solutions – White Label, Turnkey, Self-Service, Bitcoin platform solutions, Bonus System Standalone feature, Sportsbook solution, Slots Bundle, Live Bundle and Casino Games Integration. SoftGamings’ strong IT team can also provide gamification possibilities, which is one of the major industry trends. Products portfolio includes 40+ gaming suppliers with 3000+ games. The company offers live dealer solutions from Evolution Gaming, NetEnt, Ezugi, Authentic Gaming, Lucky Streak etc, slots from NetEnt, Microgaming, BetSoft, Endorphina, Habanero, Booming Games, WorldMatch etc, sportsbook, hosting, licensing and banking services. Over 100 clients use SoftGamings products and services since 2007.

 

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Entain Appoints Jette Nygaard-Andersen as its New CEO

Niji Narayan

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Entain Appoints Jette Nygaard-Andersen as its New CEO
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Entain plc has appointed Jette Nygaard-Andersen as its Chief Executive Officer with immediate effect. Jette is currently an independent non-executive director of Entain.

Shay Segev, the outgoing CEO, will remain available to Jette, the Board and management until July 8, to facilitate an orderly transition.

In addition, Rob Wood, Entain’s CFO, will have the role of Deputy CEO added to his current role with immediate effect, and Sandeep Tiku, Entain’s Chief Operating Officer, will be appointed to the Board later in the year.

Barry Gibson, Chairman of Entain, said: “We are extremely fortunate to have such an outstanding candidate and readymade CEO in Jette. She is already deeply immersed in Entain’s strategy, and clearly shares our ambition to be the world-leader in sports betting and gaming entertainment.

“Jette and I have been immensely impressed by Rob. He is extremely well regarded internally and externally, and the additional responsibilities will enable him to further develop his operational skills as well as overseeing a key tenet of our growth ambitions through M&A.

“Sandeep has been integral to the development of Entain’s unique proprietary technology platform, which is a source of significant competitive advantage. His appointment not only reflects his contribution to the success of Entain but is also aligned with our aim to have a broader range of experiences and inputs on the Board.”

Jette Nygaard-Andersen said: “I am very excited to have the opportunity of continuing the extraordinary momentum that Entain has in its existing markets, as well as helping it enter new regulated markets and reach new audiences. I am delighted that Rob has agreed to take on broader responsibilities and that the importance of our proprietary technology is recognised through Sandeep’s appointment to the Board. I am deeply wedded to Entain’s commitment to providing industry-leading levels of player protection, and to its philosophy that the most sustainable business in our industry will be the most successful business in our industry. I cannot wait to get started.”

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Dutch Gambling Regulator Imposes €600,000 Fine on Virtual Coin Gaming

Niji Narayan

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Dutch Gambling Regulator Imposes €600,000 Fine on Virtual Coin Gaming
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Dutch gambling regulator Kansspelautoriteit (KSA) has issued a fine of EUR 500,000 against the Curacao-licensed operator Virtual Coin Gaming (VCG) and a separate EUR 100,000 fine against an unnamed employee of the company for creating online games that the authority deemed to be games of chance.

VCG offered games via the websites www.futgalaxy.nl and nl.futgamer.com, which included online betting for football, hockey, and US sports, a FUT jackpot and game packs. Its online games were based on FIFA Ultimate Team (FUT), a card game that is part of the EA Sports FIFA video game franchise, in which players earned credits in the FUT video game either by purchasing these credits directly on www.futgalaxy.nl and nl.futgamer.com or by exchanging virtual currency earned in the EA Sports video game FIFA.

These game packs were a simulation of loot boxes found in the FUT-based FIFA video games in which players had the option to purchase six different packs with values ranging from 5000 to 100,000 credits. Highly rated soccer players were randomly added to the packs. Since the Dutch Betting and Gaming Act does not issue licenses for internet gaming, online games of chance are forbidden in the Netherlands.

Since 2018, in response to research that revealed a link between loot box games and gambling addiction, the KSA has focused on loot boxes, particularly in-game packs in FIFA video games.

The KSA pointed out that online games of chance violate the Betting and Gaming Act. According to the KSA, it was clear that this was a case of an unlicensed operator that specifically target Dutch consumers through the use of the Dutch language, the .nl domain extension and the use of the Dutch payment system iDEAL.

The KSA deemed the VCG game packs to be games of chance. Research carried out by the KSA in January 2019, bolstered by announcements on the websites themselves, revealed that participants generally are not able to predominantly influence their chances of receiving prizes from VCG loot boxes. The KSA also referred to a decision of the court The Hague of 15 October 2020 regarding Electronic Arts, which ruled that in-game packs (i.e. loot boxes) inside FIFA video games constituted games of chance.

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Industry News

Vermantia Signs Content Deal with Caspian Tech

Niji Narayan

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Vermantia Signs Content Deal with Caspian Tech
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Vermantia, a leader in omni-channel content solutions, has extended its partnership with Azerbaijan’s state-licensed operator, Topaz.

The deal sees Caspian Tech provided with premium live racing betting content from the supplier’s market-leading Ultimate Live Greyhound Channel via its integration into the Vermantia CONNECT platform. On Caspian Tech’s behalf, Vermantia will set-up, and operate the bespoke satellite channel across its 500-strong Topaz branded shop estate.

“Caspian Tech represents a very important partner for us and I would like nothing more than to see us expanding our collaboration together. Topaz customers are now able to enjoy top quality live racing content, complete with high-definition pictures, a powerful bet acceptance system and a full data service,” Spyros Stavropoulos, Commercial Director at Vermantia, said.

“CONNECT has proven to be a game-changer in other markets already, combining the highest picture quality with genuine low-latency in a cost-effective solution that allows the operator to choose exactly what content they need,” Spyros Stavropoulos added.

“Our partnership with Vermantia meets both our quest for a trusted partner with an international content distribution experience and our goal to offer fast-paced and exciting betting products to our customers,” Mustafa Onder, Deputy Technical Director at Caspian Tech, said.

“We are very excited to be launching an upgraded service which we believe will prove to be an immediate hit, and no doubt enhance our retail offering with exciting action-packed betting opportunities,” Mustafa Onder added.

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