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ORYX Gaming adds CandleBets as platform partner

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ORYX Gaming adds CandleBets as platform partner
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ORYX Gaming, a Bragg Gaming Group company, has added CandleBets as one of its exclusive RGS content providers, offering a revolutionary approach to traditional casino gaming.

CandleBets is a new player in the casino space and is debuting with a unique way for players to use technical analysis to forecast and make real-time in-game predictions, merging the worlds of gaming and forex trading.

CandleBets’ technology transforms traditional casino games into Japanese Candlestick charts and technical indicators which allow players to spot trends and bet on them, adding a completely new twist to the player experience.

Whether forecasting high probability numbers in Roulette or Banker/Player trends in Baccarat, technical analysis allows players to study the game at hand with new tools and with a brand new perspective.

Three games will initially be launched in July 2020 on ORYX’s RGS platform and featured in a new games category called Trading Games. Titles include Roulette FX, Wall St Baccarat and Wall St Roulette.

CandleBets’ dedicated and experienced team is headquartered in Australia where the company was founded in 2013 by two competitive day traders with a mission to merge the worlds of casino gaming and technical day trading.

CandleBets joins Gamomat, Kalamba Games, Givme Games and Golden Hero Games as ORYX’s exclusive RGS partners.

ORYX is licensed by the Malta Gaming Authority (MGA) and the Romanian National Gambling Office (ONJN) and its content is certified or approved in 16 major jurisdictions.

Matevz Mazij, Managing Director of ORYX Gaming, said: “CandleBets is an innovative and unique games developer and we are thrilled to add them to our RGS and offer their exciting content exclusively to our operator partners.

“With its revolutionary tools that help the player better predict the game and make calculated betting decisions, CandleBets truly brings something new to the market that will attract a wide range of players.”

Dr. George Muchnicki, CEO at CandleBets, said: “We are proud to have developed the world’s first hybrid gaming platform that infuses the best concepts of forex trading and casino gaming to bring players a new level of gameplay, strategy and entertainment.

“By offering our content via the ORYX RGS we will be able to launch our games to a significant number of top operators around the globe and we are beyond excited to launch.”

Industry News

Greece: Online Bets Seen at €1 Billion in Three Years

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Riding the momentum generated during the lockdowns, online gambling in Greece is expected to soar to an annual turnover of more than 1 billion euros by 2024, a conference call of the OPAP gaming company with market analysts heard last week.

According to the company’s estimates arrived at in consultation with H2 Gambling Capital, online gaming in Greece is by far the fastest-growing means of gambling in the country, with its penetration jumping since 2019 to secure a market share of 36% of all gaming in Greece. This is now on the way towards matching the average rate seen across the European Union, amounting to 40%.

As far as OPAP alone is concerned, its online business saw its share jump from just 0.7% in 2019 to 29% of the company’s gambling activity today, and this is set to continue rising despite the reopening of brick-and-mortar gaming venues.

Following its investment in rival company Stoiximan, OPAP is well placed in the online market, analysts were told. The strategy of the Athens-listed company eyes the differentiation of its online gaming, aiming at increasing its client base and attracting more female punters.

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Industry News

Apex Live Gaming Launches ChipperX

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Apex Live Gaming has launched a new device named “ChipperX” for the casinos.

Designed and manufactured by Apex, ChipperX is a dedicated chip management device. It automatically sorts chips by value or colour into one of 12 designated chip tracks. Each chip track is configured to sort and store a defined number of chip types.

“Apex Live Gaming is made up of people who understand and have experience working in land-based casinos. That’s why we make equipment that helps casino staff do their jobs faster, better, more comfortably and easier,” the company said.

ChipperX has the computing power to quickly and accurately count, sort and distribute up to 500 chips per minute. It produces game statistics with a minute-by-minute display stored in the device’s memory for one year.

Easy operation is guaranteed by remote control and diagnostics. Through remote access to ChipperX settings and management, Apex’s team of technicians can help customers control the device remotely in real time. This reduces operating costs and service time.

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Industry News

Paul Mallon Steps Down as Head of Brand Marketing at Paddy Power

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Paul Mallon has stepped down as the head of brand marketing at Paddy Power.

The ad executive spent ten years at the Flutter-owned operator. Mallon began at Paddy Power as a football writer following a time as a journalist at the Irish Daily Star.

He leaves Paddy Power to become head of special ops at the London-based advertising agency Lucky Generals, which was Paddy Power’s creative agency before Flutter’s reorganisation with its The Stars Group merger.

Mallon wrote on LinkedIn: “After an incredibly good time and 10 years at the sublime Paddy Power, I’ve transferred to the mighty Lucky Generals (with huge thanks to the colleagues, agencies and customers who made working for PP such a pleasure).”

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