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FunFair tears up white label rulebook with exclusive London event offer

George Miller

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FunFair tears up white label rulebook with exclusive London event offer
Photo Source: bergamoscienza.it
Reading Time: 2 minutes

 

Blockchain casino platform provider to offer selected partners fee-free, 100% revenue deals

 

FunFair Technologies, the market-leading blockchain casino platform provider, has launched an unprecedented white label offer, available exclusively at ICE 2019.

FunFair will provide its white labels to a limited number of applicants, not only fee-free, but also allowing them to keep 100% NGR for the first year.

Those selected will benefit from FunFair’s licensed, live offering, consisting of the best gaming content on the blockchain, a ready-made player base and shared marketing expertise from their existing operation.

Being the first live blockchain casino platform provider and operator, FunFair is looking to support like-minded innovators with this limited time offer and accelerate the growth of blockchain gaming by leveraging partners marketing expertise in their current form.

Using the blockchain, FunFair has created a solution with negligible infrastructure costs around security, customer services, payments and KYC, allowing it to license partners at a very competitive rate, and in this case, for free, without impacting their bottom line.

New partners will be selected on completing a survey online or at FunFair’s stand, N9-135, and will see all set-up and operational costs waived for the first 12 months. Those partners, who will leverage the value of their existing brands, marketing expertise or player access to attract players to their new casinos, will also receive 100% profit for the first year.

Stefan Kovach, CCO, at FunFair Technologies said: “Our pioneering technology provides the perfect platform for those companies who wish to set up their own blockchain casino but have so far been deterred by a lack of decentralised gaming expertise or a fear around how much it would cost.

“For the right partners who share our commitment to the benefits and potential of blockchain technology, our exclusive ICE offer is the perfect launchpad. We really will do all the work, letting them keep all the profits.”
To be eligible for a FunFair-powered white label, please visit FunFair at stand N9-135 or complete the survey here.

About FunFair:

FunFair is the leading B2B blockchain casino platform provider revolutionising the online casino industry. Being run on the blockchain, FunFair is empowering a new breed of operator with a low-cost platform, game developers with access to a vast new audience, and players with a provably fair experience superior to anything else on the market, all changing the gaming industry for the better.
Its team has over 100 years of combined experience in the gaming and casino space, as well as 20 years of blockchain expertise, providing the platform to deliver the best slots and table games in a transparent, provably fair manner. Co-founded by Jez San OBE, Jeremy Longley and Oliver Hopton in 2017, its growing team of more than 40 are based in Dublin and London.

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Compliance Updates

Greece Prohibits Advertisement on Online Slots

Niji Narayan

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Greece Prohibits Advertisement on Online Slots
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The Greek government has implemented tough norms on online gaming and advertising. As per the new norms, the maximum stakes of random number generator (RNG) games is limited to of €2, and maximum prizes are limited to €5000.

The slot games  should not be advertised anywhere outside of an operator’s own website. Gambling products other than slots can be advertised on social media but the operators must ensure that the ads are viewed only by persons over the age of 21.

There are several other provisions.

Online players now need to fix loss and time limits for play, and operators must inform players when they reach 80% of their limit.

Casino games will have a prize limit of €70,000 and sports betting will have a prize limit of €500,000 per bet.

Fees for for seven-year licences have been fixed at €3million for online betting and €2million for other forms of gaming.

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Industry News

Dutch Govt. Grants Power to Local Authorities to close Leisure Venues

Niji Narayan

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Dutch Govt. Grants Power to Local Authorities to close Leisure Venues
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In a significant move, the Dutch government has granted power to Dutch municipal health services (Gemeentelijke Gezondheids Dienst – GGD) to close leisure establishments such as casinos and slot arcades. The GGD can exercise this power, if needed, for containing the novel coronavirus (Covid-19) outbreak.

Dutch Prime Minister Mark Rutte and Health Minister Hugo De Jonge announced this decision amidst concerns about rising Covid-19 cases in the country.

Dutch gambling trade association VAN Kansspelen also issued a warning to its members to strictly implement all restrictions and ensire that customers follow all of the measures intended to limit the spread of the virus, such as keeping a distance from one another.

“The number of infections is increasing and people not adhering to the basic rules as closely, such as observing the 1.5m and hygiene measures,” VAN Kansspelen said. “The national government is taking measures to prevent further spread of the virus.

“As a sector, it is important to contribute to the prevention of infections. We therefore call on you to adhere to all protocols and the rules. Also inform your guests of this if they do not comply with this.

The Netherlands government allowed casinos and slot arcades to start functioning again on July 1, after closing in mid-March.

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Industry News

SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown

Niji Narayan

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SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown
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Casino operator SkyCity Entertainment Group has once again closed down its flagship integrated resort SkyCity Auckland, after the New Zealand government revealed four new cases of community transmitted COVID-19 on Tuesday.

The cases have come as a huge shock to the country, which only 24 hours earlier had celebrated 100 days without a single new locally transmitted case of the coronavirus. Auckland has immediately been placed back on Stage 3 restrictions for three days as a precautionary measure, with the rest of New Zealand on Stage 2. Under Stage 3 lockdown, bars and many businesses will be closed, gatherings restricted to 10 people and travel in and out of Auckland mostly prohibited.

SkyCity’s casinos in Hamilton and Queenstown will remain open with social distancing measures in place.

“SkyCity is fully complying with this latest update from the New Zealand government. SkyCity is well prepared to respond quickly to these changes and is in a strong financial position to withstand the financial impacts of these temporary restrictions,” Graeme Stephens, CEO of SkyCity Entertainment, said.

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