Industry News
EMIRAT AG drives risk transparency focus with official RNG WorldWide partnership
EMIRAT AG, the leading specialist for removing financial risk from operators offering high jackpots, has invested in its ambition to deliver clarity and security to lottery games across the globe by joining forces with the random number generator provider, RNG WorldWide. Under the terms of the partnership, EMIRAT AG will be providing a full range of insurance options making use of the fully certified API solution provided by RNG WorldWide, something which Ralph Clemens Martin, CEO of EMIRAT AG, believes will bring fresh transparency to the industry as it continues to grow.
Heralding the partnership, Martin explained: “We are delighted to have entered into this new business relationship with RNG WorldWide at a time when there is such a need for transparency in a regulated market with measured growth of jackpots around the world. Aside from generating numbers RNG WorldWide is one of the most secure systems when it comes to the insurance of jackpots and will help bring heightened confidence to players and operators in both established and emerging markets. In addition to being an officially certified company, RNG WorldWide also makes every result clearly available to clients and any Third Party, which is a key benefit to players and operators we work with.”
The Munich-based RNG WorldWide has developed a unique, entirely web-based platform with no additional hardware required which will enhance EMIRAT AG’s services by making lottery, card, scratch card, slot, and customised games adaptable with different insurance packages. Discussing how the partnership will enhance flexibility and security for its customers, Ralph Clemens Martin said: “Every client who requires the delivery of RNG-based results paired with insurance services has the possibility of generating the numbers with RNG WorldWide. This guarantees enhanced safety for them at every step of their jackpot journey whether using the generator for a single game or for daily draws. Before every draw clients will receive an electronic security envelope containing encrypted draw results which they can decrypt at the time of the draw in order to rule out any manipulation of the results. If he wants an everyday draw with the Random Number Generator this works automatically through the website and doesn’t need to be adapted everyday. This partnership guarantees the security of every draw and avoids manipulation whilst also helping EMIRAT AG deliver on its position as a responsible, tech-focused world leader in risk management specialized in covering lottery jackpots.”
With both companies based in Munich, the partnership also forms part of the burgeoning Fintech industry in Germany and central Europe. Commenting on the positive impact of the relationship, Ralph Clemens Martin added: “As a German company who provides insurance for marketing campaigns across the globe, we’re very excited to see Germany continue to be a place where the world’s leading industries look to do business. Following our recent expansion into Africa providing jackpot coverage and supporting marketing campaigns for new and established lotteries on the continent, we are keen to continue that growth within the EU and other regulated markets. This latest partnership with RNG WorldWide, which just this month received official approval of its EU Brand patent application, strengthens our position as a recognised leader in providing security for some of the biggest jackpots ever.”
Industry News
SKS365 keeps investing in people: GROW People Management Program took the next level
11 experienced people managers from the SKS365 group’s 4 locations gathered last week in Belgrade for the new GROW People Management Program. From 15 th to 19 th of April, through trainings, discussions, and social connections, people had the opportunity to further grow individually and as a team, while enjoying Belgrade’s city center and rivers.
Created in 2023 with the purpose of building foundation people management skills across the organization, GROW initiative evolved this year by including a new, advanced program for experienced people managers to further consolidate their skills and prepare for future opportunities.
Building and fostering connections, sharing experiences, and enjoying team building experiences – all these activities have been part of the GROWpmp agenda for the 11 people managers coming from Commercial, Product and Development, Finance, and Sportsbook departments of the group’s 4 locations – Malta, Italy, Austria, Serbia.
GROWpmp included a variety of topics that people managers in SKS365 recognized as the key areas for management development. Topics such as influence through communication, team effectiveness, DEI, through to presentation skills and business topics like understanding finance and management reporting, were delivered with the support of external professionals and internal experts, while designed and organized by the SKS365 People & Culture team.
Industry News
Kindred’s Share of Revenue from High-risk Players Shows Slight Increase
Kindred Group plc’s (Kindred) share of revenue from high-risk players showed a slight increase to 3.2% (Q4 2023 3.1%) in the first quarter of 2024. Compared to the first quarter of 2023, the high-risk revenue share decreased marginally. The percentage of detected customers who exhibited improved behaviour after interventions came in at 87.1% (compared to 87.4% in Q4 2023 and 83.0% in Q1 2023). This sustained trajectory in the improvement effect after interventions, observed over an extended period, serves as a testament to the strong dedication and collective efforts throughout the company. It reflects Kindred’s ongoing commitment to fostering positive change within the industry.
“We continue to see our share of revenue from high-risk players fluctuate quarter to quarter, and we are working closely with all teams across the company to support customers towards a more sustainable gambling experience. However, it is encouraging to see that our Journey towards Zero data has steadily decreased since 2020. A similar trend can be seen across the healthier gambling behaviour effect after interventions. This tells us two things: our work is paying off, but we need to continue to push ourselves to propel a sustainable progression,” Alexander Westrell, Director of Communications at Kindred Group, said.
“It was very encouraging to witness the open and transparent discussions at the Sustainable Gambling Conference in London on 20 March, where those with lived experience shared their important stories. Also, it is evident that technology is moving forward, and will provide greater opportunities to detect and intervene in the future. We hope to see more regulators engage with the industry and with experts to secure a more sustainable industry for everyone,” Alexander Westrell added.
Industry News
PENN Entertainment Names Aaron LaBerge as Chief Technology Officer
PENN Entertainment announced that Aaron LaBerge has been named Chief Technology Officer (CTO) effective July 1, 2024, subject to customary regulatory approvals. Mr. LaBerge will report directly to PENN CEO & President Jay Snowden.
In his new role, Mr. LaBerge will be responsible for driving the technology strategy and execution for PENN, while leading the multinational team of technologists and serving as the key business leader for the company’s Interactive division.
Mr. LaBerge spent more than 20 years at The Walt Disney Company, in two stints separated by five and a half years as a technology entrepreneur. He was most recently President & Chief Technology Officer for Disney Entertainment and ESPN where he was responsible for driving all technology and product development in support of The Walt Disney Company’s two media divisions. In that role, he helped set the vision and strategic leadership for how Disney uses technology to enable storytelling and innovation, drive its business, and create unparalleled consumer experiences with entertainment and sports content.
“We are thrilled to have someone of Aaron’s caliber join our PENN executive team. Having overseen a global organization of thousands of engineers, product developers, designers, technologists, and data scientists that created some of the largest scale and most successful media properties in the world, there is no better candidate to lead our Technology and Interactive division into its future. I know Aaron is looking forward to working with Todd George, our head of operations, and our entire Executive Team to continue growing our position as a leader in online gaming, sports betting, and digital sports media,” Mr. Snowden said.
“I’m excited to join another talented team at PENN Interactive and lead our technology strategy. PENN Entertainment is at the forefront of the fast-changing gaming and sports media industry. I plan to use my experience from Disney and ESPN to help make ESPN BET an essential piece of the sports fan experience. Together, we’ll push the limits and redefine how fans interact with sports and gaming,” Mr. LaBerge said.
Prior to his most recent role at the Walt Disney Company, Mr. LaBerge was Executive Vice President and Chief Technology Officer at ESPN from 2015 to 2018. At ESPN he played an instrumental role in the growth of ESPN’s consumer-facing digital media products and services – leading many of ESPN’s most ambitious and challenging projects and helping establish ESPN’s position as the leader in digital sports and innovative sports technology development. He was a key architect in the design, development, and engineering of ESPN’s state-of-the-art facilities in Bristol, CT; Los Angeles, CA; Charlotte, NC; and Austin, TX, as well as data centers and infrastructure that connect those facilities around the world, as well as the technology design and development to support the launch of the multi-platform SEC Network.
Between 2007 and 2012, LaBerge was co-founder and CEO of Fanzter, Inc. – a venture-funded consumer software and digital product development company. At Fanzter, he directed all day-to-day operations and led the development and launch of a variety of consumer-focused internet and mobile products, ground-breaking social and commerce technologies and more.
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