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SoftSwiss boosts games portfolio with Nolimit City announcement

George Miller

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SoftSwiss boosts games portfolio with Nolimit City announcement
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Nolimit City launches content portfolio on SoftSwiss platform

 

Online Software Provider, Nolimit city, signed their latest content distribution deal with the renowned online Crypto platform, SoftSwiss. This deal comes right after the latest announcement of Nolimit’s latest game release ‘Starstruck’. SoftSwiss is a leading Whitelabel and casino platform that have become synonymous with enabling some of the most interesting casino brands out there.

Players on SoftSwiss’ expansive network will now gain access to titles such as; Hot Nudge, Tesla Jolt, Kitchen drama – Sushi mania, Oktoberfest, Casino Win Spin, Fruits and upcoming titles such as Tombstone. Each game has been developed in HTML5 and comes with high end graphics, exciting sounds and solid math mechanics.

Nolimit City slots are offered via their own platform, which means they can be integrated directly to partners with a range of interesting platform features. The games also run seamlessly across desktop, mobile and tablet devices.

Malcolm Mizzi, Head of Sales at Nolimit City, said: “The people behind SoftSwiss come with multiple years of experience and true knowledge of the industry. They have the skillset met with the ambition to drive a great business partnership and we are eager to see Nolimit’s high-quality games added to their ever-growing portfolio. We are truly proud of having the leading Crypto Currency platform in our partner list”

Max Trafimovich, CCO for SoftSwiss added: “The team behind Nolimit City seems to have no shortage of ideas. We love their youthful and bold approach to game development and are confident their game portfolio will take a prominent place among the 30+ hand-picked content providers we supply as part of our Game Aggregator.”

 

About Nolimit City:

Nolimit City is a Malta,Stockholm,India-based online casino platform and game developer, offering high-quality content and services to operators around the world. The company has designed and developed its platform in-house from the ground-up; delivering a strong and powerful engine that can take large volumes of play and social interaction in its stride, on both desktop and mobile. It is coupled to an innovative back office and bonus toolbox, providing a one-stop shop for our partners. It is hugely flexible, and can be tailored to individual operator requirements and needs. We employ some of the smartest minds and artistic talents in the industry; people passionate about gambling and technology. They have helped us to create a portfolio bursting with fun and engaging games.

About SoftSwiss:

SoftSwiss is a tech company developing products for the iGaming industry. It offers widely acclaimed, certified software solutions for managing online casino operations. The company holds remote gaming licenses and certificates from a number of jurisdictions, and supplies its solutions to clients worldwide. Fun fact: SoftSwiss introduced its Bitcoin casino platform in early 2013, a unique software product at the time. The company is still regarded as one of key experts when it comes to the use of cryptocurrencies in gaming.

 

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Putin Signs Bill on Digital financial Assets into Law

Niji Narayan

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Putin Signs Bill on Digital financial Assets into Law
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Russian President Vladimir Putin has signed the bill on Digital financial assets into law. The law recognises the existence of bitcoin, tokens and other digital assets. However, it does not remove restrictions to allow individuals to use cryptocurrency as a legal tender.

According to the new rule, due to come into force in January 2021, Russian citizens will be allowed to buy and sell bitcoin and other digital denominations. Until now, various cryptocurrencies have been in a “grey zone,” as the state did not recognise their existence, but no penalties for mining or buying them existed either.

The law does not give cryptocurrencies the same rights that the ruble or any other fiat currencies have. After the new law comes into force, it will still be impossible for individuals to use digital currencies as legal tender in Russia. Only financial organisations hand-picked by the Central Bank, as well as stock exchanges, will be able to do so.

“Cryptocurrency is described by lawmakers as a means of payment and a means of saving, as an investment, but it can’t be used to pay for goods and services in Russia,” Anatoly Aksakov, head of the State Duma Committee on the Financial Market, said.

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Cryptocurrency

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

George Miller

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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

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Cryptocurrency

Douglas-based SolutionsHub wins prestigious industry award

George Miller

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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.”

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