Connect with us
SIS

Cryptocurrency

CasinoCoin appoints former IGT manager as chief compliance officer

Zoltan Tundik

Published

on

Antonio Zanghi, the CasinoCoin Foundation’s new chief compliance officer
Reading Time: 2 minutes

 

The CasinoCoin Foundation, a non-profit entity supporting the blockchain-powered payment solution CasinoCoin (CSC), has appointed former IGT and Yahoo! compliance specialist Antonio Zanghi as chief compliance officer.

Zanghi joins the CasinoCoin Foundation in a newly-created role that underlines its commitment to use blockchain technology to create compliance solutions that go above and beyond what is currently available among traditional fiat currency operators.

He will oversee a technical compliance solution as part of the CasinoCoin blockchain that will provide partner operators with complete peace of mind.

Industry-first AML, KYC and responsible gaming checks will be fully integrated with the CasinoCoin Bankroll Manager, a single wallet solution that will allow users to deposit their CSC with multiple operator partners after passing a single registration and verification process.

“Compliance has never been more critical in the gaming industry than it is today, as we continue to see heavy fines levied on operators for infractions,” said CasinoCoin Foundation director of advocacy, John Caldwell.

“This is why we are delighted to welcome Antonio to the team. His years of experience in this field at the likes of IGT, Yahoo! and Red Tiger Gaming will prove invaluable as we build the most robust regulatory infrastructure in the sector.

“It has always been the aim of CasinoCoin to go above and beyond on the issue of compliance. Our single wallet solution will not only offer stronger protections and greater transparency to operators and regulators, it will also simplify the onboarding process for players.”

Antonio Zanghi, the CasinoCoin Foundation’s new chief compliance officer, added: “I am absolutely thrilled to be joining the CasinoCoin team. I have worked in compliance for many years now, and I have never been so impressed by the ambition laid out by John and his colleagues.

“By leveraging blockchain technology, it is possible to achieve things not before possible in the field. This is an utterly transformative approach to KYC, AML and responsible gaming that will raise the bar for what is expected of operators across the industry.”

Zanghi is the second former IGT staffer to join the CasinoCoin Foundation this year, following the appointment of Ashish Tawakley as chief commercial officer in March.

 

CasinoCoin (ticker: CSC) is a blockchain-powered payment solution, designed specifically for the regulated gaming industry. Utilising some of the most advanced technology available today, CasinoCoin operates on its own independent blockchain and features unprecedented speed, scale and security.

CasinoCoin’s flagship product, the Bankroll Manager (BRM), will feature built-in KYC, AML and responsible gaming functionality, and an overall unique user experience not available on any other mobile gaming application. Operators will benefit from the simplified on boarding process and low processing fees, and regulators will benefit from the transparency into coin movement that blockchain enables, creating a near-perfect AML environment.  

Advertisement

Cryptocurrency

Trading Blows: Cloudbet’s expert take on the rebounding NBA season

George Miller

Published

on

Trading Blows: Cloudbet's expert take on the rebounding NBA season
Reading Time: 4 minutes

 

As the NBA goes back to work – and hopes for no more Bubble trouble – the trading team at Cloudbet, the leading crypto sportsbook and casino, breaks down the latest market movers, telling you who’s hot and who’s not in the Disney World Laboratory.

1. League leaders reassert their claims over the championship: While they both dropped a game apiece during the scrimmages, the Milwaukee Bucks and Los Angeles Lakers showed enough to firm up their respective chances to take the Larry O’Brien Championship Trophy home.

a. The long layoff has benefited teams with older or injured star players: For the Lakers, the hiatus allowed Lebron James to give his 35-year-old body a solid rest. The last time he did so, for the All-Star break in February, James then went on a tear to lead his team on a 7-2 run. He certainly bounced back in style during Thursday’s thrilling nightcap win.
b. For the Bucks, Giannis Antetokounmpo – a clear favourite this season to win his second-straight Most Valuable Player award – was able to rest a sprained knee sustained in a March game against the Lakers.

c. Both teams come to the restart refreshed and recharged. The Lakers are favourites to win the 2019-2020 title, with their line moving to 3.31 (~ 9/4; or +231;), from 3.34 (+234) prior to the scrimmage. Strong showings from their second and third-string players, especially in the third scrimmage game with James and Anthony Davis on the bench.
d. The Bucks are just behind, at 3.45 (~ 5/2; or +245), from 3.53 (+253). Antetokounmpo clearly shone during the practice matches, with more-than-ample support from fellow starters Khris Middleton and Brook Lopez.

2. Los Angeles Clippers lose ground in title race: While still third-favourite to win the championship, the Clips have been big drifters in the market since the scrimmages began.

a. Among the top units, this team has been most impacted by the Covid bubble restrictions, with two key players (Lou Williams and Patrick Beverley) in quarantine after temporary family-related absences.

b. Williams, the Clips’ leader in assists, was pilloried in social media for a much-publicised and ill-advised visit to an Atlanta strip club while on leave.

c. Another player, Montrezl Harrel, has yet to return from family leave.

d. This means a much diminished squad takes on the Lakers in their restart opener on July 30, and they’re unlikely to be back at full strength until at least the second week of the rebooted competition – that’s tough, given that there are only eight seeding match-ups to play.

e. With these travails in mind, bets on the Clips to win it all are currently paying 4.15 (~ 3/1; or +315). Their probability of a championship now stands at 24.1%, roughly a percentage point lower than before the practice scrimmages began.

3. Houston Rockets cement their status among the top four title favourites: Even though they ended the pre-Covid season with the league’s 10th-best win-loss record, the Rockets have worked their way in as fourth-favourites to win the title.

One train of thought has it that they more than others will benefit from the long break: four of their key players, including stars James Harden and Russell Westbrook are 30 or older, and the shorter season will shelter them from the extended wear-and-tear of a normal season.

a. Harden worked out like a fiend during the layoff, coming to Disneyworld with a noticeably slimmer physique. Already the league’s top scorer this season, he unsurprisingly led his team’s point production over the three scrimmage matches.

b. Westbrook was a question mark after testing positive for Covid in mid-July, but emerged from the NBA’s quarantine protocol in time to play solid minutes in all of his team’s three scrimmages.

c. Houston’s odds of a championship this season firmed over the past week to 15.1 (~ 14/1; or +1415) from 15.6 (+1460).

d. One setback emerged this week, with starter Eric Gordon injuring his ankle during H-Town’s victory over Boston. No clear movement in prices yet, as the market awaits test results to determine his immediate playing future.

4. Toronto Raptors gain ground in title race: The defending champions’ performance this season prior to the league’s suspension (72% win rate) shows that they’re still a force to be reckoned with even after losing star player Kawhi Leonard to the Clippers.

The Raps won two out of their three scrimmages, which also saw the return of center Marc Gasol, who spent the hiatus rehabbing his dodgy hamstrings and dropping a significant amount of weight.

a. Clipper odds for a repeat championship have narrowed from 18 to 16.9 (~ 17/1; or +1591).

b. They’ve now displaced the Boston Celtics at fifth in the outright lists to take the title.

5. New Orleans firms up its chances for a playoff spot in the West: The Pelicans won its three practice match-ups, including a 21-point drubbing of the Bucks on July 27, all without its star rookie Zion Williamson, who had been in quarantine following a family-related absence from the bubble.

The big news this week was Williamson resuming practice, an appearance warmly welcomed by teammates: He’s the Pellies’ second-highest scorer and has missed 44 games this season due to knee and ankle injuries.

a. His return plus a solid scrimmage showing has improved the prospects for their performance in the West (see below).

b. Also increases the interest over the tussle for the final play-off spot in that conference. The Memphis Grizzlies are current favourites to take that spot, paying 1.64 (~ 4/6; or -156), with New Orleans next at 3.81 (~ 11/4; or +281).

6. Western Conference outcomes have been reframed, thanks to the above reasons: The Clippers’ personnel issues means they’ve lost the slim edge they previously had over the Lakers as favourites to take the West.

a. Team Lebron is now tops with odds of 2.58 (~ 6/4; or +158) over the Clips at 2.66 (~ 13/8; or +166).

b. The biggest improvement in fortunes belongs to the Rockets, with a line of 7.28 (~ 6/1; or +628) currently giving them a 13.7% chance of winning the conference, or 2.1 percentage points higher than before scrimmages began.

c. The other big move was New Orleans: While they’re still unfancied as conference champs, their line moved from 54.6 into 31.1 (~ 30/1; or +3013).

NBA quarantine protocol:
New NBA protocol implies that players could be tested as often as daily during this resumption. If a player has a confirmed positive test, he must undergo treatment and rest for at least 14 days without exercising. In order to return, the player must pass cardiac exams and also test negative for the coronavirus twice in a 24-hour period.

On July 21, the NBA reported zero cases of the coronavirus following the testing of 346 players, and the league has gone three weeks without a positive result.

Prices are as compiled by Cloudbet and are current as of 8 am GMT on July 30

Continue Reading

Cryptocurrency

Douglas-based SolutionsHub wins prestigious industry award

George Miller

Published

on

Douglas-based SolutionsHub wins prestigious industry award
Reading Time: < 1 minute

 

The company has been named Crypto Betting Supplier of the Year at Acquisition International’s World Finance Awards 2020.

SolutionsHub, based in Douglas, is a global leader in gambling regulation and helps operators with licensing, compliance and other regulatory affairs.

Now in its seventh year, the International Finance Awards aim to highlight and reward the achievements of those in the industry that continuously overcome the difficulties posed by the ongoing global economic issues and persevere to thrive in the current climate.

Acquisition International’s International Finance programme researches into the most suitable and commendable winners based on successful business dealings conducted over the last 12 months.

SolutionsHub COO Nick Wright said: “It’s a tremendous honour for us to be recognised at such a high-profile, global awards as the World Finance Awards.

“We are world leaders in crypto betting regulation and work with companies and regulators at the forefront of innovation to deliver solutions in what is a dynamic and ever-evolving industry.

“This award is not only a proud moment for us but also testament to our clients and Digital Isle of Man, whose ongoing work continues to make the island such an attractive base for blockchain-based businesses.”

Continue Reading

Cryptocurrency

Brett Lee Becomes Brand Ambassador of Sportsbet.io

Niji Narayan

Published

on

Brett Lee Becomes Brand Ambassador of Sportsbet.io
Reading Time: < 1 minute

 

Australian cricket legend Brett Lee has become the brand ambassador of the cryptocurrency sportsbook Sportsbet.io.

In his role as Sportsbet.io ambassador, Brett will lead a series of dedicated cricket promotions giving Sportsbet.io users the chance to “Bet with Brett.” Promotions will include special cricket quizzes, the Brett Lee “Awesome Foursome” and a dedicated casino cashback. Brett will also provide Sportsbet.io users with in-depth analysis from the world of cricket.

“Speed was always my greatest weapon throughout my career, which is why partnering with Sportsbet.io is such a perfect match. And like Sportsbet.io, playing fair was always important to me. These guys make sports betting fun, fast and fair, so I can’t wait to get involved with some exclusive promotions and provide some insight from my experiences at the very top of cricket,” Brett Lee said.

“Brett Lee is nothing short of a legend of the game. There were few greater sights in cricket than watching the fear in the eyes of batsmen as Binga approached,” Justin Le Brocque, Head of Sportsbook Marketing at Sportsbet.io, said.

“So we are bowled over that he has joined team Sportsbet.io. As well as a terrifyingly quick bowler, Brett is a natural entertainer and a true gentleman; we couldn’t think of a better match for our sportsbook. Players around the world can look forward to some fantastic Brett Lee promos, and the chance to hear from one of the biggest characters in the game,” Justin Le Brocque added.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

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

Trending

Notice for AdBlock users

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