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Push Technology Appoints Riaz Mohammed as CTO

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Push Technology Appoints Riaz Mohammed as CTO
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Push Expands Senior Team to Support Increased Business Momentum

Push Technology, the pioneer and leader in real-time data streaming and messaging solutions, has announced the appointment of Riaz Mohammed as its new CTO. Riaz has extensive experience in a variety of industries including Banking and Finance, Utilities, Transportation, Automotive, and Government.

During his career Riaz has contributed to and developed numerous solutions and platforms, most notably in the fields of predictive analytics, market surveillance and trade monitoring, and In-Memory Data Grids and streaming analytics. In his previous role as Technical Director at Hazelcast, Riaz was responsible for driving innovation and growth. He led a high performing team of Solution Architects/Pre-sales that affected thought leadership, messaging, streamlining processes and resource planning. Under his technical sales strategy and solution architecture remit, he helped the company generate sustainable revenue growth in the region of 6X.

Prior to Hazelcast, Riaz worked at Software AG as a Senior Solutions Engineer in the Financial Services sector. Working in pre-sales, Riaz worked closely with sales, product management and consultants to support sales cycles. He was involved in strategic engagement planning, solution design, creating architecture artefacts and hands on development of prototypes. In other roles, Riaz has held senior developer positions at Nomura, JP Morgan and Deutsche Bank.

Riaz said: “Push Technology has a reputation for removing the real-time, event-data consumption, enrichment and delivery challenges faced by many organizations, especially in Financial Services and eGaming. Its solutions enable companies to focus on what matters – the future growth of their businesses. I’m very excited to be joining the team at a time when platforms such as Diffusion are becoming integral to the enablement of digital transformation strategies.”

John Pocock, Executive Chairman and CEO at Push Technology, comments: “Riaz is joining Push at a critical juncture as we are seeing first-hand a rapid escalation in the adoption of real-time streaming technologies. Riaz adds significant experience to the Push team and will play a key role in helping us achieve revenue objectives that will fuel our continued growth.”

 

About Push Technology

Push Technology pioneered and leads the market in real-time, event-data streaming and messaging solutions that power mission-critical business applications worldwide. Push’s Diffusion Intelligent Event-Data Platform is purpose-built to simplify and accelerate event-driven, real-time application development, reduce ongoing operational costs, and speed time-to-market. Diffusion consumes raw event data in any size, format or velocity; enriches event data dynamically in-flight; and delivers event data reliably and at massive scale with secure, fine-grained, role-based access control.

Leading brands, across industries including financial services, transportation, energy, retail, healthcare, eGaming, and Internet of Things companies, use the Diffusion Intelligent Event- Data Platform to drive customer engagement, fuel revenue growth, and streamline business operations. Diffusion is available on-premise, in-the-cloud, or in hybrid configurations, to fit the specific business, regulatory, and infrastructure requirements of the event-driven applications operating in today’s everything connected world. Learn more at www.pushtechnology.com.

Cryptocurrency

NFTs and Its Impact on Real Money Online Gambling Industry

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Photo credit: pixabay.com
Reading Time: 4 minutes

 

The relevance of NFT is a hotly debated topic in the real money online casino gambling space. One side of the divide maintains that NFT is a fad riding on the back of the crypto craze. While the other believe NFTs are innovative technology and are leveraging it to increase their player base, boost revenue and improve players’ experience

Are you a real money online casino South Africa operator curious about how NFT will affect how people gamble online for real money? Or are you a player looking to know the benefits NFT lends to the real money online casino gambling world? You’ve come to the right place.

We shall explore the impact of NFTs on online gambling. Let’s dive in.

What Exactly Are NFTs?

Non-Fungible Tokens (NFT) are unique digital items designed to be rare. They run on the same technology as a cryptocurrency (blockchain) which means they are transferable. Some things represented as NFT include arts, music, books, tickets, and game assets. 

Different NFTs have become famous for various reasons. Each NFT has a specific identifier. Therefore you can track each NFT and confirm who owns the original version of every NFT in real-time. However, the value of NFTs is determined by their uniqueness, rarity, cultural significance, utility, etc. 

5 Impacts of NFTs on Online Gambling Real Money 

The following are some ways NFTs are utilized in real money online casinos.

1. Distribution of Reward Programs

Reward distribution is an aspect of online casino real money that benefits from the NFTs. Currently, casinos require players to gamble for several hours and spend vast amounts of money betting to join the VIP club and earn loyalty rewards. While this approach works, it exposes careless players to gambling problems. The emergence of NFTs changed reward distribution in the online casino real money forever. With NFT, the real money online casino South Africa and other parts of the world can reward loyal players without risk of addiction.

The casinos can connect with loyal customers by minting limited edition NFT, which they can buy in one trade. Alternatively, online gambling real money platforms can share VIP membership NFTs for free to reward early adopters.

A practical application of NFT in online casino reward distribution can be seen in NFT projects, which gives holders membership access to casino VIP clubs. Players buy the NFT on the casino’s marketplace or a secondary market for a fixed price and start enjoying exciting cashback bonuses, free spins, and a share of the casino house edge.

2. NFT Give Players True Ownership

Many real money online casinos’ gameplay is such that players strive to claim in-game assets such as rare guns, symbols, and gems. But until now, in-game assets have always been the property of game designers and never genuinely owned by the players.

Actual asset ownership makes online real money casino games more competitive and rewarding. When in-game assets are minted as NFTs, players can transfer them across different casino games, enjoy different experiences, or even sell them to other players for profit. Incidentally, this increases website traffic and boosts the online casino real money operators’ revenue. 

3. NFTs Fosters Players’ Privacy 

Privacy contributes to the reason players gamble online, as we can see in the rise of no signup casino online real money, which requires only banking details to set a player’s profile. NFTs stretch players’ anonymity in online casino real money even further.

In specialized NFT casinos, a player’s profile is represented by a digital avatar. Therefore, the player doesn’t need to submit any sensitive information to play casino online for real money or to claim their winnings. A popular game where NFT serves as the player profile is Axie Infinity. 

4. NFTs Creates a New Way For Operators to Raise Money 

Online casino operators can use NFT to fund new projects. They will sell the NFT collection to players for a share of the casino revenue and house edge. Here are two ways online casinos can use NFT to raise money. First, operators can create NFT and use the revenue to fund their upcoming projects. In return, holders get access to the casino when it launches, occasional raffle draws, and part of the casino revenue. On the other hand, if the casino project has already launched but wants to create another revenue source, it can create NFT, which gives players ownership of a percentage of its house edge and other exclusive perks.

5. Birth of NFT Casinos and Games

The emergence of NFT has ushered in specialized online casinos where players gamble to win NFT prizes. To implement this gaming model, online casinos create games that use limited-edition NFT as prizes. Punters can participate in slots and other traditional online casino games for a chance to win NFT, which they can quickly sell for real money. Look no further than Red Tiger to see the NFT-prized game in effect. Recently, Red tiger launched a new game called NFT Megaways, which offers Cryptopunk characters as slot prizes. This is a big deal because the original Cryptopunk NFTs are one of the most expensive NFTs, and some are worth millions of dollars.

Conclusion

Many people think NFTs are not worth the hype due to the high cost and negative environmental impact. But some partnerships are already being formed to combat the problems. Regardless, NFTs are genuine innovations. They have been around for quite many years, and their use case has ballooned from social media avatars to real use cases in online subscription, music, sports, arts, and gaming.

We have highlighted the unique impacts of NFTs on online casino real gambling as it relates to operators and punters that want to play casino online for real money. NFT in online casinos can bring about a new form of online casino economy where the interest of both players and operators are aligned.

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Europe vs USA – Poker Popularity

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Europe vs USA - Poker Popularity
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Poker is a quintessential part of the global gambling scene and when the industry began moving online, it remained an integral part of the online casino makeup.

Any casino operator worth their salt offers at least a handful of poker variations, with the top of the class offering several poker games in varying styles. Whether in the USA or Europe, casino players are thrilled by poker, which is one of the games that go way back into casino gaming history.

Today is the day that we look into the swift migration of poker popularity from one side of the Atlantic to the other. The European Poker market was once the dominating force in the global scene over the year but it’s steadily losing that dominance.

The US market, on the other hand, is witnessing a boom in poker popularity, thanks to events like the World Series of Poker.

The European Migration

While there were several online casinos where US punters could enjoy poker, there were more than premium-quality poker offerings in Europe in comparison.

However, as poker grew more popular in the US market and became more welcome, the leading European casino operators saw a window of opportunity and decided to make inroads into the thriving US market.

While expanding to the new promising market, European brands brought with them the high-quality poker games that European players have been enjoying for decades.

This had the effect of attracting a whole new generation of poker players in the United States of America who could now enjoy a better poker recipe at the new foreign casinos.

Today, there are many European operators holding US gaming and gambling licenses and offering better services to US consumers. At this moment, more European brands are already setting their sights on the US poker arena.

Big Success Stories

About 15 years ago, an American player by the name of Chris Moneymaker qualified for the famous World Serie of Poker through an online poker competition and ended up bagging a cool $2.5 million win.

In case you’re wondering, the event is currently ongoing. Learn the World Series of Poker schedule to keep up with different poker games.

Back to 2003, the Moneymaker moment helped revolutionize the US poker industry for good. Millions of US players have joined the online poker scene in a bid to try their luck and emulate Chris’s success.

While only a handful has been as successful, many US players have come close to actually emulating the Moneymaker, accumulating a substantial amount of wealth while at it.

With the help of other influential poker figures like Dan Bilzerian and his glamorous lifestyle and great wealth, success in online poker tends to promise the American dream. Be it as may, the reason why poker has gained much precedence over other casino games is still quite unclear.

Some guess that it could be due to the fact that poker is more skill-based than most casino games like RTGs. Others suggest that it is due to the popularity of WSOP events and the game’s glamorous appearance in films. Whatever the reason, more and more US players are flocking to retail and online casinos to play poker.

Laxer US Laws

Initially, US laws around online gambling were more draconian, which made it difficult to find a site offering online poker. However, this has changed in the past few years as more states continue to pass laws giving online poker operations the green light.

Since poker gambling was viewed as a taboo in the past with laws either prohibiting or limiting such gameplay, new gambling-friendly laws being passed by US states are slowly ushering in a legitimate online poker market. Residents have been responding positively to the concept of regulated online poker, which helps grow the young market even further.

One of the most significant developments in this respect is the recent union between different US states in this liberal legislation. Players from Delaware and Las Vega, for instance, can enjoy shared online poker forums from either side of the borders.

The European Poker Scene

Throughout Europe, Texas Hold’em is considered the most popular poker variation. That notwithstanding, European players seem to also enjoy other variations at both retail and online casinos.

It might be a bit challenging to accurately place a figure on the number of players visiting land-based and online casinos combined to play poker. However, it’s quite clear that there are millions of players from all over the world who spend a substantial amount of time and money on poker tables in Europe.

Poker Room-Centric vs. Hotel-centric Poker Events

In the United States, poker events occur with players congregating in poker rooms with several poker tables. Players disperse during breaks and head off in different directions at the end of the day. In other terms, players only interact with each other while playing.

In Europe, the situation is somewhat different because events are hotel-centric. This means that all players stay at the same hotel during the entire tournament. Players have an opportunity to interact among themselves away from the tables. This sociability aspect of European poker is what makes it more popular because it delivers a more intimate atmosphere.

The European Currencies Galore

In the United States of America, it is always “dollar or bust”. This typically means that all players onboard must transact in dollars. Players flying in from other jurisdictions must make currency exchanges to convert their local currencies to greenbacks.

The European poker scene is more accommodating. While most EU countries use the euro, there are nine nations that chose to retain their local currencies.

While poker players converge from all over Europe for some of the high-profile events such as the Unibet Open, the organizers are always open to dealing with all currencies. This ensures that all chips-for-cash transactions are smoothly facilitated.

We can see that the European market offers superior services compared to the US market. This goes a long way in boosting the popularity of the game in Europe.

Conclusion

There is one major thing that stands out from the above discussion – poker is popular in both the US and the European markets. While the degree and reasons for popularity might vary, it does not change the fact that players from both markets have developed a liking for the table game.

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Industry News

Gambling Regulations in Different Parts of the World

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In terms of international online betting legislation, every government has a different stance on the matter. While some countries have embraced internet gambling, others are doing all in their power to outlaw it. It’s also possible to see vastly varied approaches to online gaming in countries within the same continent.

When it comes to regulations in one country, the United States is an excellent example. Furthermore, each state has its own set of rules, making it much more difficult to understand the federal regulations. Online gambling is completely legal in certain places and may be accessed by anybody inside such states’ borders. More than a few jurisdictions are continuing their efforts at snatching up the money of reputable gaming websites.

Ohio Gambling Laws

A person must be 18 years old to bet in an Ohio-licensed institution, according to state law. The legal age to gamble in Ohio casinos is 21 years old. The first infraction is the most common penalty for a first-time gambling violation. According to Ohio gambling regulations, further crimes are felonies of the 5th degree.

A total of 11 Ohio casinos are open for business, with four of them being resorts. Online slots, live stream poker, Roulette, Blackjack, Craps, and other in-house card games are all available in Ohio’s casinos. There are also online poker rooms accessible. The other casinos in Ohio are situated in off-track betting venues and are referred to as racinos. These look a lot like tv lottery parlors.

Online sports betting is legal in Ohio, but the state government must still work on it before any sites can go up. Gaming online is already a great choice for Ohioans since they may participate in authorized gambling sites that are situated beyond the US.

If you are interested in learning more through brilliant sources and informative guides on the legality of betting on sports in Ohio, we suggest you read reviews and articles online for a better view.

European and British Gambling Laws

Online betting is permitted in a wide variety of nations throughout Europe. Some governments have explicitly banned it, while others have authorized it and established appropriate regulatory structures. Britain is the greatest illustration of the second kind of country. Gambling over the internet is not only safe and easy, but it is also entirely legal. The Gambling Commission has established rules for any site that wants to provide its services to the people of the United Kingdom. In 2005, the Gaming Board was abolished and replaced with this entity.

Furthermore, there are other nations in Europe that follow the same model as the UK. There are severe licensing requirements in France, but if a company meets the requirements, it may accept French consumers. Despite this, casino games are presently prohibited. They at minimum have clear legislation, but in other nations, things are a lot hazier.

In Oceania/Australia, gambling laws are strictly enforced.

The regulations governing gaming in Australia are quite restrictive. Only conventional sports betting and lottery-style games are presently authorized to be offered to Australian citizens. Online sports streaming betting and casino games are not permitted. However, given these sites are outside of the authority of the Australian government, there are no laws prohibiting Australians from accessing them.

Online Sports betting is explicitly regulated in New Zealand, which is a rarity in other countries. In 2003, the government enacted new legislation to ensure that its rules were clear and understandable. For the first time, the law explicitly specified that using international websites was lawful. Advertising on these kinds of websites is, however, prohibited in New Zealand.

African Gambling Laws

There are few nations in Africa that have established laws on internet gambling, with the noteworthy exception of South Africa. Land-based betting, on the other hand, is completely legal in the area and comes in a variety of formats. Casinos may be found in a number of nations.

Gambling Legislation in Germany

Gambling regulations in Germany are difficult, but they are always evolving. As of 2021, all states will be bound by a new Interstate Treaty, which will standardize regulations and open the door to the granting of licenses among them. It used to be the case that each state had its own set of regulations.

Because of the treaty, sports betting licenses and a wide range of markets, including internet gambling, are available. However, each state has its own system for opening betting shops and other brick-and-mortar outlets for land-based gambling.

Some kinds of betting have a limit on the amount of money you can wager. In order to prevent individuals from wagering too much in one sitting, slot machines are regulated at a “per-spin” fee, and bookies are limited in the number of markets that they may provide.

Final Thoughts

Keeping up with changes in your country’s casino laws is critical. While many nations allow offshore gambling, which allows customers to engage with gaming firms situated overseas, these companies may also be subject to laws, as is the case in many other countries. When compared to other nations, European countries tend to have more lax casino and gambling legislation.

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