Industry News
Alphaslot puts new players at forefront of global Blockchain strategy
The Blockchain-based computing platform, Alphaslot, has confirmed it will place a core focus on new player acquisition and ensuring content connects with unique international markets as the company prepares to build bridges between differing gaming ecosystems from casino games, console games, and eSports.
Alphaslot claims it will advance the widespread adoption of Blockchain technology in gaming by matching new audiences and age groups in different markets with the trends and sectors within the industry which are having the biggest impact in those countries. Explaining Blockchain’s universal potential for players, operators and developers, the company’s CEO, Raymond Chan, explained: “Alphaslot’s Blockchain is a bridge between differing gaming ecosystems, and also acts as a gateway for any developer or operator to be involved. While it can be said that anyone could be a commercial beneficiary of Blockchain, as with any kind of technology, how Blockchain will be evaluated really comes down to the users. Using Alphaslot as an example, the commercial beneficiaries are the operators of game ecosystems, game developers, and most importantly the people who play games.”
“In the case of casino gaming, it is becoming more and more difficult to attract new player segments,” he continued. “A lot of this has to do with the content not connecting to what these player segments are looking for. This is where interaction with gaming ecosystems such as e-sports and mobile gaming will be a powerful tool, providing casino gaming operators the chance to attract players from different gaming environments. This also provides more exposure for such eSports and mobile gaming operators, thus creating a gaming network that benefits all involved.”
The Hong Kong-based company has been building Blockchain technology from the ground up since July of this year with its management team boasting luminaries from across the gaming and technology sectors, including key casino gaming industry experts, university professors, and Blockchain technology engineers. Chan believes the next big trend the industry will experience is in decentralized platforms. He explained: “In the Blockchain world, these platforms are already the current big thing. Whether it is gaming, accounting, or anything else, Blockchain technology works best with integrating different parties and decentralizing data management. What this means is that it is suitable for IT platforms that would figure to gain the most by tying in multiple parties and not being over reliant on one centralized entity.”
Alphaslot will be strengthening its position in the global market over the coming months with a number of dedicated tools and concepts which are set to augment their Blockchain technology across the gaming spectrum in markets across the world. The Alphaslot mobile app will connect players to the Alphaslot Platform via a community comprising land-based casino, online and mobile games, console games and eSports ecosystems. In addition the company’s interoperability model is set to advance the widespread adoption of Blockchain technology in gaming by reaching new audiences and age groups in different sectors. Commenting on how these ideas will help evolve gaming internationally, Chan said: “Alphaslot’s interoperability means we will make borderless gaming entertainment possible. Games of differing formats and markets can be integrated and interact with each other through Blockchain enabled digital assets such as avatars, items, points, milestones rewards etc. It doesn’t matter if it is mobile games, online social games, console games, eSports, sportsbooks, or casino games. These digital assets can be collected, used in-game, or traded, and in the case of avatars and items, they can also be nurtured and developed much in the same way you would develop your Pokemon.”
“Of course, our starting point is with casino games, as that is our strongest area of expertise, and Asia is a strong casino gaming market,” he added. “However, as interoperability grows we also have our eyes set on Europe, North America, and South America. When it comes to gaming in other forms and markets, Korea for example has a very large and lucrative eSports market, Japan has a booming mobile gaming industry, and we see the US embracing sports betting as the next big thing.”
To find out more about the Alphaslot Blockchain’s network expansion, the company will host a product demonstration at the Sora Summit held in Macau on November 13-14 and a panel on gaming innovation at the Sina Conference held at Macao Gaming Show on November 15th.
Industry News
ICE Barcelona to deliver razor-sharp focus on LatAm and evolving Brazilian Market
January’s first edition of ICE Barcelona will feature a programme of content, discussions and C-suite networking curated specifically to meet the needs of the new regulated market in Brazil and the broader opportunities which exist in Latin America.
Living up to its reputation for being the business-to-business event which is at the forefront of industry developments across both regulation and emerging technologies ICE 2025 will feature a three day program which is dedicated to all aspects of the market in Brazil including regulation, compliance and the adoption of new technologies including the use of biometric recognition in relation to age verification and consumer protection.
Announcing the program and confirming ICE Barcelona’s role as the meeting place for international decision-makers and stakeholders, Clarion Gaming Managing Director Stuart Hunter said: “ICE was recently described in trade media as being the most important gaming event on the ‘planet’ and I believe that the show will live-up to that accolade when we welcome the world industry to our new Barcelona home in January.
“Some industry events place a strong emphasis on the past but for ICE our focus is unashamedly on the future. To this end we have been working closely with colleagues and stakeholders in Latin America to ensure that ICE is on the front foot bringing together the lawmakers, regulatory bodies, thought leaders, operators, innovators and technology providers all of whom have an important role to play in developing the market infrastructure.”
He added: “The importance of LatAm will be evident from the very start of ICE Barcelona when Vicente Fox, the former President of Mexicoheadlines the World Regulatory Briefing taking place Monday 20 January when he will address the topic of ‘Regulation and Revitalisation’ and the requirements needed to balance economic growth with community protection.
“A critic of the populist movements sweeping the region, he will outline his business-centric approach to the development of Mexico, and why he favours casinos as a tax benefit to reduce Mexico’s dependence on unpredictable oil income, and for heling to grow the local tourism industry. The keynote reflects the importance of Latin America as a leading voice in the global gambling industry and represents a major coup for ICE Barcelona.”
“The following day we will be staging a seminar which will cover the very latest business-critical information on the market in Brazil which will be supplemented by sessions focussed on Latin America. On the closing day the LatAm sessions will address the key issue of responsible gambling including the ground-breaking use of biometrics which will be of huge interest to regulators and operators from throughout the world.”
He concluded: “In all of the extensive research that we undertake in order to identify the most important issues impacting the business Brazil and Latin America consistently top the list. By attending ICE Barcelona gaming industry professionals will be able to connect with the main players, learn everything they need to know about doing business in Latin America and find the right organisations to collaborate with. For anyone with an interest in Latin America and in particular the Brazilian iGaming market ICE Barcelona is undoubtedly the place to be.”
For more information on the world’s greatest gathering of gaming professionals and to register: icegaming.com
Industry News
FDJ Announces its First Bond Issue
La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.
FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.
Balkans
CT Interactive Shortlisted in Two Categories at BEGE Awards 2024
CT Interactive has announced that it was shortlisted in two categories for the upcoming prestigious BEGE Awards 2024. The company has been recognised for its exceptional contributions to the online gaming industry by being among the finalists for Online Game of the Year for the innovative and engaging game Doctor Winstein Buy Bonus and Online Provider of the Year.
The BEGE Awards, which celebrate excellence and innovation in the gaming and entertainment industry, will be held on November 27, 2024, at the Club Black & White in the Grand Hotel Millennium, Sofia.
This year’s nominations reflect CT Interactive’s dedication to creating top-tier gaming experiences and its continuous efforts to push boundaries in the online gaming world.
“Being recognised in these two categories is a testament to the hard work and creativity of our entire team. We are thrilled to be among the industry’s finest at the BEGE Awards once again,” said Monika Zlateva, CCO at CT Interactive.
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