Mediterranean Europe
EvenBet to unveil its full-stack poker portfolio at SiGMA
Award-winning developer set to showcase pioneering platform at stand ST200 in Malta
Leading online gaming software developer EvenBet Gaming is all set to showcase its world-class omnichannel poker portfolio at the forthcoming SiGMA conference.
Malta’s biggest iGaming summit is held between 28-30 November at the Malta Fairs & Conventions Centre in Ta’ Qali, and EvenBet is on site to exhibit its growing global reach and innovative software.
Delegates attending stand ST200 will be able to experience first-hand how the supplier’s core poker product, which has been breathing fresh life into the vertical, can be seamlessly integrated into a sportsbook which can then draw from over 25 poker games.
EvenBet’s state-of-the-art technology and functionality allow for a simple API integration, as evidenced by its recent deal with Malta-based casino platform-provider SoftGamings, just the latest to recruit EvenBet’s pioneering poker products alongside the likes of We Are Casino and Digitain.
The solution continues to go from strength to strength, with sportsbook operators such as 1XBet reporting rapid growth in revenues and retention, as rising rates in active poker users take a positive hold on engagement and loyalty. With features including a seamless wallet and a full user database, the user experience is continually being enhanced. In addition, all poker rooms have a flexible front end which enables them to be customised to any operator’s specific branding.
Dmitry Starostenkov, EvenBet Gaming CEO, said: “We can’t wait to return to Malta and show how our poker offering can boost engagement and revenues for casino and sportsbook operators. Starting with SiGMA’s annual poker tournament, which provides the traditional curtain-raiser to proceedings. I hope to see you there.
“The growing popularity of our omnichannel poker portfolio has been really encouraging and we’re sure more sportsbooks will follow suit after recent success at the World Cup and the current Champions League campaign. Poker is a proven cross-channel tool, enriched by EvenBet’s exciting multi-format gameplay, which is benefitting operators across the globe.
“With so much core technological evolution already behind us, we now look forward to growing in accordance with those advances. SiGMA provides us with the perfect opportunity to catch up with existing partners – just take our recent deal with Malta-based SoftGamings – and meet new clients with whom we can broaden our mutual horizons. You can come and find us at stand ST200.”
To book a meeting with EvenBet, please email: [email protected], or call +356 99 656 474.
Over in Asia, EvenBet’s redesigned mobile Poker Clubs app has been capitalising on the mobile trend in many Asian markets, allowing club managers to host and run private poker communities with their own tournaments and tables for the first time. While the biggest breakthrough has arrived with the launch of NoLimitCoin, fronted by two-time WSOP champion Johnny Chan, which offers a world-first in its no-rake offering. With EvenBet’s bitcoin support, the crypto-currency future for poker is now.
Compliance Updates
Cyprus National Betting Authority Launches National Self-Exclusion Platform
The Cyprus National Betting Authority during a press conference on February 20, 2024, announced the launch of the National Self-Exclusion Platform (NSEP). This strategic initiative is part of the Authority’s commitment of safeguarding players and the public, as outlined in its Safer Gambling Strategy 2022-25.
The NSEP facilitates players to control their betting activities and opt for self-exclusion, either temporarily or indefinitely, from all online bookmakers who are licensed in the Republic of Cyprus. The player acknowledges that their betting activity has brought gambling related harm on their life, hence, they may use the self-exclusion tool for a more effective control of their betting activity. During the self-exclusion period, the player has access to their current account only for the purpose of withdrawing their deposits and cannot create a new account in a licenced bookmaker’s website.
Registration on the platform is free, simple and straightforward, enabling the player to set their self-exclusion across all betting service providers by registering at https://www.exclusion.cy/. Specifically, players have the flexibility to choose between temporary self-exclusion, long period self-exclusion or for an indefinite time.
During the press conference, Ms. Ioanna Fiakkou, President of the NBA, expressed her satisfaction with the platform’s launch, underscoring its significance as “a robust tool for every player, designed to promote safer betting behaviour and safeguarding vulnerable groups of people.”
“The development of the National Self-Exclusion Platform underscores the NBA’s dedication to player protection and the establishment of a sustainable and fair betting sector. The platform at this point offers self-exclusion from online betting service providers, but its operation is dynamic and poised to integrate additional functionalities. Thus, we extend a public invitation to all stakeholders to join our efforts for safeguarding society and include specific groups such as athletes in the platform’s operations, in collaboration with relevant federations and governmental bodies, to join the platform. Through this collaborative effort, we aim to fortify the fight against match-fixing and enhance transparency in sports, aligning with key objectives outlined in the Authority’s strategic framework. We are particularly satisfied to witness the realization of another significant milestone, as we advance towards achieving the goals set forth in the Safer Gambling Strategy, reinforcing protective measures for the public and fostering the industry’s sustainability in the right direction,” Ms. Fiakkou said.
Latest News
Cyprus: National Betting Authority Reveals Strong Growth in Q3 2023
The National Betting Authority has released the financial outcomes for the third quarter of 2023, showcasing a continual surge in the revenue of the betting sector, underscoring its robust and consistent growth.
As per the disclosed financial results, the gross betting revenue for both Class A (land-based betting) and Class B (online betting) recipients reached €259,440,696. This signifies a noteworthy 9% surge in comparison to the third quarter of 2022 (€238,175,857) and an even more substantial 35% increase in contrast to the third quarter of 2021 (€192,087,098).
Breaking down the figures, Class A recipients contributed €70,941,349, while Class B recipients accounted for €188,499,347 of the total gross revenue. Class A recipients observed an 8% increase in gross revenue compared to the same period in 2022 and a substantial 21% surge in comparison to the third quarter of 2021. Meanwhile, Class B recipients experienced a 9% rise compared to the corresponding quarter of 2022 and an impressive 41% increase compared to the third quarter of 2021.
Profits for both Class A and B players continued their upward trajectory, reaching €232,011,110. This represents an 11% uptick compared to the same period in 2022 and a notable 38% increase from the third quarter of 2021. Notably, the lion’s share of profits, specifically €172,726,941, belonged to Class B players during this quarter.
However, Class A and B betting earnings totaled €27,429,585, reflecting an 8% decrease compared to the corresponding quarter of the previous year (€29,705,139). Specifically, Class A betting receipts amounted to €11,657,180, marking a 14% decrease compared to the third quarter of 2022, while Class B betting receipts totaled €15,772,406, presenting a 2% decrease compared to the same period.
Examining the landscape of Class A properties, their number decreased by 2% in the third quarter of 2023 compared to the corresponding period of the previous year. The licensed properties, predominantly concentrated in Nicosia (169), Limassol (140), Larnaca (88), Paphos (54), and Famagusta (39), amounted to a total of 490 Cypriots.
Despite the positive financial indicators, there was a 44% increase in license cancellations or application withdrawals compared to the corresponding quarter of 2022. The number of individuals employed in licensed premises reached 1472, showcasing a 3% increase compared to the same period in 2022.
Addressing the issue of illegal betting, the report highlighted a 2% increase in blocked websites compared to the second quarter of 2023, with a total of 339 illegal websites added to the list. The current roster of prohibited betting service websites now stands at 18,577.
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THE IBIZA CASINO WELCOMES MIGHTY HAMMER, THE NEW GAMING SENSATION ON THE ISLAND
The Ibiza Casino has added the thrilling multi-game by Zitro, Mighty Hammer, to its entertainment offerings. This innovative title, renowned for its global success, provides players with three levels of excitement and multiple possibilities, each connected to a different bonus link.
The management of the Ibiza Casino expressed, “The inclusion of Mighty Hammer in our gaming hall has generated great satisfaction among players, who enjoy this game due to its impeccable graphics and innovative mechanics.”
Jaime Aníbal-Álvarez, Director of Casinos in Spain for Zitro, has expressed gratitude to the Ibiza Casino for the opportunity to collaborate and bring Zitro’s products to their gaming hall. “With the inclusion of Mighty Hammer, we have no doubt that players will surrender to its highly entertaining gaming experience, featuring a dynamic gameplay.”
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