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Gambling Related Harm APPG starts new probe into online gambling in UK

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Gambling Related Harm APPG starts new probe into online gambling in UK
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The Gambling Related Harm APPG, a newly formed group, has initiated a new inquiry to find out the harms caused by online gambling in the UK. The study will also seek remedies and recommendations for solving the issue.

The probe will try to uncover the full impact of online gambling, the addictive and potentially harmful nature of some of the products on offer and their effect on the vulnerable, in particular, children. It will also explore the effectiveness of age and identity verification mechanisms as well as efficacy of self-exclusion schemes and current provisions for problem and at-risk gamblers.

Carolyn Harris MP and Chair of the Fixed Odds Betting Terminals All Party Parliamentary Group said: “According to recent reports of British gambling behaviour, the prevalence of problem gambling among those who gamble online is similar to those who played FOBTs. Naturally, following our successful campaign to reduce the harm caused by FOBTs, online gambling became the next area of serious concern.”

“Our group has received numerous correspondence from individuals and families harmed by online gambling and has already been informed about the ploy by bookmakers to lure would-be FOBT players online.”

“We are deeply concerned about the harms caused by online gambling and particularly the impact and harm of online gambling on children.”

“Following this inquiry, we will be setting out a number of policy changes and recommendations to tackle this issue.”

 

Further information on the All Party Group can be found at www.grh-appg.com

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Apparat Gaming Gets Ready to Rock the Boat in New Fishin’ The Biggest Slot

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Innovative German software provider’s latest release sees players to dive into a world of underwater adventure where massive multipliers are waiting to be caught

Load your tackle box, bait your hook and get ready to reel in the catch of the day in Fishin’ The Biggest from Apparat Gaming, the in-demand German software provider’s latest splash hit slot that sees players trawl the sea for free spins and massively multiplied prizes.

Played over five reels, three rows and ten fixed paylines, Fishin’ The Biggest is a highly-volatile title with an outdoor angling theme. Boasting a maximum RTP of 96.23%, the game sees players cast their net in search of maximum wins of 4,500x the bet and can be played from as little as €0.10 per spin.

If they really want to start making waves, players simply need to land three or more scatter symbols in any position to enter the free spins bonus round or use the optional Buy Feature button to access the feature directly. Either way, they’ll be granted ten, 15 or 20 free games depending on the number of triggering scatters and all fish symbols will then be added to a special collection bar above the reels that can unlock greater rewards as the free spins round progresses.

For every 40 fish they collect, players will receive an extra ten free spins and an increasing prize multiplier; and the fact that fish contribute whether they make a win or not is sure to make every angler’s heart beat faster. Of course, the more starting free spins players receive, the better their chances of extending the feature will be, so the first goal is to reel in as many scatters as possible.

There’s a maximum of 50 free spins in total up for grabs and a massive top multiplier of up to 10x also on the line; and the fisherman who hauls in the catch is needed to fully exploit the ocean’s bounty. Only when he appears do players receive the combined win value of all fish on the reels, and if there are none, he’ll cast out his net and catch new fish so that a win is always guaranteed.

“This month, Apparat Gaming is inviting players to harvest the bounties of the ocean in Fishin’ The Biggest, our exciting new angling-themed slot where reeling in denizens of the deep can earn them free spins, monster multipliers and incredible prizes,” the co-founder and Chief Product Officer for Apparat Gaming, Martin Frindt, said. “Available now to all operators who host Apparat Gaming slots, we’re sure the game will make a big splash with both clients and customers alike.”

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Tabcorp Partners with OpenBet’s Sportsbook Technology to Propel Growth and Enhance User Experience

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OpenBet’s robust betting engine and sophisticated trading system to enhance Australian operator’s user experience and operational efficiencies

OpenBet, a leading content, platform and service provider to the sports betting industry, has been selected to supply its scalable betting engine and advanced trading system to Australian wagering giant Tabcorp as the tier-one operator pursues ambitious growth plans.

OpenBet will integrate a series of online and retail products including its fixed-odds betting platform and trading system for its world-class content portfolio to help amplify the offering for Tabcorp’s flagship brand, TAB.

Underpinned by a dedicated excellence team working with TAB for continuous development and innovation, OpenBet’s pioneering technology and services will provide improved agility, scalability and speed-to-market for new and differentiated products that will redefine the TAB user experience. Tabcorp will also benefit from enhanced operational efficiency and streamlined processes through OpenBet’s proven solutions.

As Australia’s largest gaming and betting operator, Tabcorp has a rich history of providing market-leading products to its customers. With more than 3,000 employees, the company continues to grow and aims to further increase its market share over the coming years.

OpenBet’s expertise in operating within some of the world’s strictest regulated markets was a major factor in Tabcorp’s decision in selecting the company as its latest technology provider. Integrating OpenBet’s globally respected platform and products within Tabcorp’s technology ecosystem comprising of proprietary capabilities across trading, digital experience and data is a perfect fit for market leading innovation, enhanced operational capability and delivering an unparalleled user experience to Tabcorp’s customers.

This deal strengthens OpenBet’s reputation as a trusted provider to the global sports betting industry. It currently processes almost half of all digital sports bets placed in the Australian market and with this deal will significantly increase that and, for the first time, bring our retail sports betting capability to Australia. Coupled with Tabcorp’s clear progress on accelerating its transformation and innovation with a focus on agility, product delivery and customer experience, this has the ingredients for a great partnership.

“Being selected by Tabcorp to augment its user experience is an exciting move for us and further cements our position as a trusted provider of robust, hybrid products that drive growth,” the Chief Commercial Officer for OpenBet, Cathryn Lai, said. “We’re looking forward to working alongside the TAB team and providing it with tailored products and services that will usher in a new era for its sportsbook offering. We have no doubt that the operator’s customer base will benefit from an enhanced experience through our unbeatable technology and trading services.”

“We’re thrilled to be strategically partnering with OpenBet to enable our growth ambitions and beyond,” the Trading General Manager for Tabcorp, David Beirne, said. “The combined strengths of Tabcorp’s category expertise and internal capabilities and OpenBet’s advanced core creates a market leading relationship that will lead to increased customer engagement, market share and sustainable profitability.

“This partnership will propel Tabcorp’s trading capabilities to the top of the market as it will allow Tabcorp to utilise OpenBet’s cutting-edge technology to deliver a first-class digital and retail experience for our customers at pace in exciting and innovative ways.

“This partnership is a significant step forward in modernising and supporting our ambitious plans to deliver the next generation sports betting user journey.”

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EvenBet Gaming Exceeds Company Expectations with 37% Growth in Q1 Revenues

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Leading developer reports increasing revenues as it sets ambitious growth targets for the year

EvenBet Gaming, a leading developer of online gaming software and solutions, has recorded a strong first quarter of 2024, which saw revenues grow by 37% year-on-year driven by the launch of new projects and performance of existing key clients.

The impressive revenue increase has been attributed to the introduction of strategic initiatives within the customer success department at the company.

During the quarter, EvenBet Gaming experienced a significant increase in active players globally with a 40% year-on-year rise leading to a total of 42 million players. The company also expanded its global team with 21 new additions, paving the way for further internal growth.

A graph of a game player Description automatically generated with medium confidence

A key highlight within the three-month period saw EvenBet Gaming launch Betplay’s new digital poker offering in Colombia. Additionally, the company strengthened its position in Peru with sports betting operators Apuesta Total and Aposta.la as well as enjoyed further growth of the Argentina-based network LatPoker, powered EvenBet Gaming software.

The developer demonstrated its commitment to innovation and enhancement during Q1 by releasing five new software updates. These updates introduced major features such as the integration of the Pinnacle sportsbook and addition of Gamzix games to its casino offering. A new tournament lobby design was also introduced while the integration of Google Analytics 4 functionality into its client software has further improved back-end capabilities.

Other notable achievements included the launch of its latest E-book Core iGaming Trends and Challenges in 2023 and the company’s largest ever presence at ICE London in February.

The company’s strong performance in Q1 sets itself on a promising trajectory for achieving its ambitious target of 30% annual revenue growth.

“Reflecting on our performance in Q1, we are thrilled to see our strategic initiatives yielding such impressive results,” the Chief Executive Officer for EvenBet Gaming, Dmitry Starostenkov, said. “The substantial revenue growth, coupled with the extension of our team and upcoming launch into the African market, underscores our continued commitment to delivering top-tier gaming experiences and solutions and we will continue to strive for success throughout 2024.”

Looking ahead to Q2, EvenBet Gaming is poised to expand its footprint into several new markets. The company will exhibit in Brazil for the first time at SiGMA Americas (April 23 to 25) while its senior executive team will be sharing its expertise and insights across a number of industry conferences in Europe including Next.io Valetta (May 15 to 16), CasinoBeats Summit (May 21 to 23) and iGaming Club Conference Malaga (May 26 to 27).

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