Mediterranean Europe
Wazdan Get Ready to Showcase New Games at SiGMA
Wazdan are excitedly preparing for SiGMA 2019 pulling together a host of new games to showcase to event attendees between the 27th and 29th November.
Always excited for an opportunity to mingle with peers and showcase their work, the Wazdan office is abuzz with excitement in the leadup to SiGMA 2019, held in Malta between the 27th and 29th November.
SiGMA is one of the leading iGaming events, now in its 6th year, bringing together some 12,500 delegates for a stellar opportunity to network, engage leading suppliers, secure support from affiliates and strike deals with some of the biggest brands in the business.
Set to be the biggest SiGMA event yet, 2019 has visitors attending from more than 80 countries, ready to create business opportunities, promote their services, and showcase the latest innovations in iGaming.
Ready and excited to showcase, the team at Wazdan is all set to introduce brand new games including Magic Stars 9, the latest addition to the incredibly successful Magic Stars series; Neon Cityâą bringing bright excitement to all who play; the enchanting new Asian slot Butterfly Loversâą, and the futuristic feature-packed slot Reel Hero, as well as others which will be revealed to an eager crowd live at the event.
Wazdan has been a pioneer in the industry for more than a decade, leading with innovative, tech-rich games that push the limits of what a slot game can look like and how players can experience these online.
These experiences would not be possible without the innovative Unique Wazdan Features, which make their slot games customisable according to the preferences of each player. Including the world-first Volatility Levelsâą, Double Screen Mode, Energy Saving Mode, Unique Gamble Feature, Ultra Fast Mode, Ultra Lite Mode, and Big Screen Mode, Wazdan lets players enjoy their games however they prefer.
“Wazdan loves the chance to attend leading iGaming events such as SiGMA. Our team, from developers to client-facing staff all come together enthusiastically to make these events something attendees will not easily forget. We are excited about the new games we have ready to showcase and look forward to connecting with our peers. Be sure to get in touch to arrange a meeting and visit us at booth G8,” says Andrzej Hyla, Head of Sales at Wazdan.
Compliance Updates
Cyprus National Betting Authority Launches National Self-Exclusion Platform
The Cyprus National Betting Authority during a press conference on February 20, 2024, announced the launch of the National Self-Exclusion Platform (NSEP). This strategic initiative is part of the Authorityâs commitment of safeguarding players and the public, as outlined in its Safer Gambling Strategy 2022-25.
The NSEP facilitates players to control their betting activities and opt for self-exclusion, either temporarily or indefinitely, from all online bookmakers who are licensed in the Republic of Cyprus. The player acknowledges that their betting activity has brought gambling related harm on their life, hence, they may use the self-exclusion tool for a more effective control of their betting activity. During the self-exclusion period, the player has access to their current account only for the purpose of withdrawing their deposits and cannot create a new account in a licenced bookmakerâs website.
Registration on the platform is free, simple and straightforward, enabling the player to set their self-exclusion across all betting service providers by registering at https://www.exclusion.cy/. Specifically, players have the flexibility to choose between temporary self-exclusion, long period self-exclusion or for an indefinite time.
During the press conference, Ms. Ioanna Fiakkou, President of the NBA, expressed her satisfaction with the platformâs launch, underscoring its significance as âa robust tool for every player, designed to promote safer betting behaviour and safeguarding vulnerable groups of people.â
âThe development of the National Self-Exclusion Platform underscores the NBAâs dedication to player protection and the establishment of a sustainable and fair betting sector. The platform at this point offers self-exclusion from online betting service providers, but its operation is dynamic and poised to integrate additional functionalities. Thus, we extend a public invitation to all stakeholders to join our efforts for safeguarding society and include specific groups such as athletes in the platformâs operations, in collaboration with relevant federations and governmental bodies, to join the platform. Through this collaborative effort, we aim to fortify the fight against match-fixing and enhance transparency in sports, aligning with key objectives outlined in the Authorityâs strategic framework. We are particularly satisfied to witness the realization of another significant milestone, as we advance towards achieving the goals set forth in the Safer Gambling Strategy, reinforcing protective measures for the public and fostering the industryâs sustainability in the right direction,â Ms. Fiakkou said.
Latest News
Cyprus: National Betting Authority Reveals Strong Growth in Q3 2023
The National Betting Authority has released the financial outcomes for the third quarter of 2023, showcasing a continual surge in the revenue of the betting sector, underscoring its robust and consistent growth.
As per the disclosed financial results, the gross betting revenue for both Class A (land-based betting) and Class B (online betting) recipients reached âŹ259,440,696. This signifies a noteworthy 9% surge in comparison to the third quarter of 2022 (âŹ238,175,857) and an even more substantial 35% increase in contrast to the third quarter of 2021 (âŹ192,087,098).
Breaking down the figures, Class A recipients contributed âŹ70,941,349, while Class B recipients accounted for âŹ188,499,347 of the total gross revenue. Class A recipients observed an 8% increase in gross revenue compared to the same period in 2022 and a substantial 21% surge in comparison to the third quarter of 2021. Meanwhile, Class B recipients experienced a 9% rise compared to the corresponding quarter of 2022 and an impressive 41% increase compared to the third quarter of 2021.
Profits for both Class A and B players continued their upward trajectory, reaching âŹ232,011,110. This represents an 11% uptick compared to the same period in 2022 and a notable 38% increase from the third quarter of 2021. Notably, the lionâs share of profits, specifically âŹ172,726,941, belonged to Class B players during this quarter.
However, Class A and B betting earnings totaled âŹ27,429,585, reflecting an 8% decrease compared to the corresponding quarter of the previous year (âŹ29,705,139). Specifically, Class A betting receipts amounted to âŹ11,657,180, marking a 14% decrease compared to the third quarter of 2022, while Class B betting receipts totaled âŹ15,772,406, presenting a 2% decrease compared to the same period.
Examining the landscape of Class A properties, their number decreased by 2% in the third quarter of 2023 compared to the corresponding period of the previous year. The licensed properties, predominantly concentrated in Nicosia (169), Limassol (140), Larnaca (88), Paphos (54), and Famagusta (39), amounted to a total of 490 Cypriots.
Despite the positive financial indicators, there was a 44% increase in license cancellations or application withdrawals compared to the corresponding quarter of 2022. The number of individuals employed in licensed premises reached 1472, showcasing a 3% increase compared to the same period in 2022.
Addressing the issue of illegal betting, the report highlighted a 2% increase in blocked websites compared to the second quarter of 2023, with a total of 339 illegal websites added to the list. The current roster of prohibited betting service websites now stands at 18,577.
Latest News
THE IBIZA CASINO WELCOMES MIGHTY HAMMER, THE NEW GAMING SENSATION ON THE ISLAND
The Ibiza Casino has added the thrilling multi-game by Zitro, Mighty Hammer, to its entertainment offerings. This innovative title, renowned for its global success, provides players with three levels of excitement and multiple possibilities, each connected to a different bonus link.
The management of the Ibiza Casino expressed, âThe inclusion of Mighty Hammer in our gaming hall has generated great satisfaction among players, who enjoy this game due to its impeccable graphics and innovative mechanics.â
Jaime AnĂbal-Ălvarez, Director of Casinos in Spain for Zitro, has expressed gratitude to the Ibiza Casino for the opportunity to collaborate and bring Zitroâs products to their gaming hall. âWith the inclusion of Mighty Hammer, we have no doubt that players will surrender to its highly entertaining gaming experience, featuring a dynamic gameplay.â
-
Asia6 days ago
NODWIN Gaming partners with Japanese gaming company KONAMI for âeFootball Diwali Showdownâ
-
Australia6 days ago
Australiaâs BetStop Receives International Regulatory Award
-
Industry News7 days ago
Brazilian Ministry of Finance and IBIA sign sports betting integrity agreement
-
Latest News6 days ago
BETBY WELCOMES MAGNUS CARLSEN AS GLOBAL BRAND AMBASSADOR
-
Compliance Updates6 days ago
KSA Imposes a Fine of âŹ675,000 on NetX Betting Limited
-
Asia5 days ago
Revenant Esports and Team XSpark Join Forces to Form Revenant XSpark, ScoutOP Revealed as Brand Ambassador
-
Central Europe6 days ago
NOVOMATIC builds the Groupâs largest photovoltaic system in Lower Austria
-
Latest News6 days ago
Videoslots Launches DBET in Sweden with International Tipset Pools