Habanero and Bede Gaming signs iGaming deal

Bede Gaming, whose clients boast more than 3m registered players, offers a complete content solution featuring more than 2,000 games from industry-leading suppliers. Habanero’s full portfolio of slots, including recent releases Jump!, Knockout Football and Ways Of Fortune will be made available, as well as its range of table games and video poker offerings. Arcangelo […]

Bede Gaming, whose clients boast more than 3m registered players, offers a complete content solution featuring more than 2,000 games from industry-leading suppliers.

Habanero’s full portfolio of slots, including recent releases Jump!, Knockout Football and Ways Of Fortune will be made available, as well as its range of table games and video poker offerings.

Arcangelo Lonoce, European head of business development at Habanero, said: “Our new partnership with Bede highlights once again just how attractive our games are to operators and players alike.

“Bede has a growing network of tier one clients and this deal will help us reach them as we continue to expand in Europe and beyond.”

Ross Haselhurst, commercial director of Bede Gaming, added: “We are always looking to add titles of the highest quality to our gaming platforms, providing operators with the widest choice of accessible content on the market.

“As well as being highly entertaining and engaging, Habanero also boasts mixed content designed to suit all preferences. We are sure our customers’ players will find something they love.”

Albania bans sport online gambling

Albania’s parliament today (Wednesday) passed laws that will boycott online betting and forbid different types of betting from the end of this year. The restriction will come into power from January 1 and comes after an administration campaign went for handling enslavement, diminishing the danger of match settling in game and securing family unit funds. […]

Albania’s parliament today (Wednesday) passed laws that will boycott online betting and forbid different types of betting from the end of this year.

The restriction will come into power from January 1 and comes after an administration campaign went for handling enslavement, diminishing the danger of match settling in game and securing family unit funds.

The enactment will drive the conclusion of space machine parlors and wagering shops in local locations. After December 31 gaming activities will be confined to assigned visitor territories, for example, a five-star lodging’s clubhouse in capital Tirana, and on the edges of towns and urban communities.

The national lottery will keep on working yet all internet betting locales will be prohibited, including the main current legitimate substance, Bastarena, or, in other words by the sibling of Prime Minister Edi Rama (imagined).

In front of the vote, which passed collectively, Rama, a previous ball player, stated: “We are waging a frontal war with the evil entrenched deeply in our society over the years.”

Rama said an exceptional team would be set up to close down any web based betting locales that keep on working in the nation.

“We are waging a frontal war with the evil entrenched deeply in our society over the years.”

Delegates of games wagering organizations have pledged to battle the boycott and look for remuneration.

Rama has driven a crusade against betting in Albania since his communist gathering cleared to control five years back in an avalanche race triumph. Inside five months of his triumph, nearly 1,300 wagering premises had experienced investigations, with many being shut down because of claims of budgetary fumble.

There had been any expectations of a convenient lift for administrators in Albania when, in July, the legislature submitted plans to diminish the expense rate from 15% of gross gaming income to 15% of gross profit. Nonetheless, President Ilir Meta vetoed the proposition, sending it back to parliament for further thought.

Albanians supposedly burned through €132m on betting in 2017 – a 10% year-on-year increment – despite the fact that, with a populace of under three million, Albania’s GDP of $12.7bn places it as one of the poorest nations in Europe.

In any case, a report by the national review board of trustees said that the state had neglected to gather about €395m in fines collected on administrators who had neglected to satisfy certain directions somewhere in the range of 2014 and 2016.

BetConstruct secures online poker license approval in Malta

Gaming solutions provider BetConstruct has been granted approval to add online poker to its suite of Malta-licensed products. The supplier has been granted a Class III license by the Malta Gaming Authority (MGA) to provide online poker solutions to its clients. It adds to BetConstruct’s existing licenses in the jurisdiction for online sports betting solutions, […]

Gaming solutions provider BetConstruct has been granted approval to add online poker to its suite of Malta-licensed products.

The supplier has been granted a Class III license by the Malta Gaming Authority (MGA) to provide online poker solutions to its clients.

It adds to BetConstruct’s existing licenses in the jurisdiction for online sports betting solutions, platform and hosting (Class II), and the provision of fantasy sports (Class 4), covering B2B and B2C in both cases.

Earlier this year the company also secured two Class I licenses from the regulator, which enables the supplier to provide games from Malta-based casino providers.

“We are very pleased to secure online poker licence as a result of the continuous development and improvement of our software,” said BetConstruct founder and CEO Vigen Badalyan. “Meeting high technical standards of MGA, we now offer to build on high game profiles and attract maximum player numbers with our poker software.

“European operators can take full advantage of our system providing increased levels of protection for novice players from losing their bankroll to far more experienced players and advanced game functionality including multi-table play for professional players.”

Zebpay, India’s Largest Bitcoin Exchange Relocates to Malta

Zebpay, India’s biggest cryptocurrency exchange, is setting out toward Malta! Following in the strides of major platforms Binance and OKEx, the trade has had no real option except to move its activities to the ‘blockchain island’ amid strict regulations in India. The exchange shut down its operations in India a month ago, due to strict directions issued by the Reserve Bank of India (RBI) […]

Zebpay, India’s biggest cryptocurrency exchange, is setting out toward Malta! Following in the strides of major platforms Binance and OKEx, the trade has had no real option except to move its activities to the ‘blockchain island’ amid strict regulations in India.

The exchange shut down its operations in India a month ago, due to strict directions issued by the Reserve Bank of India (RBI) in April. The RBI directed that banks stop business with any organizations in respect to cryptocurrency.

In that capacity, Zebpay was constrained to disable Indian Rupee stores and withdrawals, and with an absence of assets, shut its trade benefit crosswise over India. The company has lost somewhere in the range of three million financial specialists in light of this conclusion.

In any case, Zebpay in Malta will mean a greater open door for the trade. It will serve more than 20 European nations with its help for more than 20 cryptocurrencies.

Be that as it may, it presently won’t be open to clients in India.

Rather, it will serve enormous markets, for example, Germany, Sweden, and France, yet breaking into the European market will be extreme. It should strive to recapture a portion of those a large number of lost clients.

The European trade showcase is a productive one, however it accompanies gigantic rivalry.

Malta is a positive purview for crypto business because of its straightforward and reasonable controls. Indeed, even its own executive has been touted as saying that cryptographic money is “the inevitable future of money.”

Malta is situating itself as a crypto hub with any expectations of improving its economy and foundation by conveying these kinds of organizations to its shores.

Strict Asian directions implied that Binance and OKEx were compelled to move to Malta. What’s more, now Zebpay is the equivalent.

NetShop ISP Exhibiting at SiGMA18 to present “The Power In Your Hand”

NetShop ISP has confirmed its attendance as an Exhibitor at SiGMA 2018, the World’s most popular iGaming Exhibition. SiGMA is an annual gathering of stakeholders, operators and regulators from the gaming industry in one event and provides an ideal networking environment for all its participants. This year, the event will take place between 28 and […]

NetShop ISP has confirmed its attendance as an Exhibitor at SiGMA 2018, the World’s most popular iGaming Exhibition.

SiGMA is an annual gathering of stakeholders, operators and regulators from the gaming industry in one event and provides an ideal networking environment for all its participants. This year, the event will take place between 28 and 30 November 2018 at the Malta Fairs and Convention Centre in Ta’ Qali, Malta.

Attendants will be able to find out about the “The Power In Your Hand” which will be demonstrated at NetShop’s Stand #ST163.

Book a meeting to guarantee a time slot for a private meeting/demonstration.

[Article] How will iGaming cope with the future strain on global bandwidth?

It was interesting to see on the news recently that a certain data streaming service was consuming 15% of global net bandwidth allocation. As developers, it’s sometimes easy to forget how data transferring mediums and display mediums move along at different paces. Technology in areas such as 4K and other high-resolution formats is advancing at […]

It was interesting to see on the news recently that a certain data streaming service was consuming 15% of global net bandwidth allocation. As developers, it’s sometimes easy to forget how data transferring mediums and display mediums move along at different paces. Technology in areas such as 4K and other high-resolution formats is advancing at lightning pace, and so is the demand on bandwidth that comes with it.

In iGaming, where players depend on speed, playability, delivery and incredibly optimized resolution, this is something the industry can’t overlook. It’s all to do with pixels and their delivery time, data packets, how the 1’s and 0’s go from A to B and how the servers respond to all those clicks. Of course, the player doesn’t care about any of this, they just want to play games.

In the future, more and more video traffic is going to eat up bandwidth likes it’s an all-day buffet open 24/7. According to a report from Sandvine, video accounts for 58% of the world’s downstream traffic, followed by web browsing (17%), gaming (7.8%) and social media (5.1%). With such a large portion of bandwidth consumed by video streaming, the pressure on networks around the world is huge. This could potentially affect developers, operators and ultimately consumers.

Of course, this could be scaremongering, there could be a new technology around the corner that we don’t yet know about. But look at numbers, By 2019 global IP traffic will surpass 2 Zettabytes a year. (What’s a Zettabyte?) I had to look it up too, but that’s the double the amount of IP traffic since the dawn of the internet. The growth is exponential, and that’s a big curve needed for supply to meet demand. At Slotsquad, we’re fascinated by HTML-5 designs, new mobile games and casino technologies, in particular, live casino. But it’s all adding to the payload of today’s heavy-laden networks.

Online casinos of the future will undoubtedly be virtual-reality based. Display systems larger, curved and with incredible scales of gradient. High-resolution, fast and ultra-secure will remain staple parts of the sum, but with millions more of the parts. You could argue that the future betting ground will be on cable width, length, and optical fiber speed to the highest bidder in terms of bandwidth availability. This could be something that affects each of us within the iGaming industry.

So can the industry cope? Of course it can. But like everyone else who depends on the internet for their salaries, we have to be ready. The information revolution is unstoppable. The way in which we do everything now is via servers, cable and data, add in satellites if you really want to spend money. It’s an incredible scenario that’s fueling the bandwidth bottleneck, and we’re in too deep. Many hundreds of meters deep to be more specific.

The repair and expansion of the world’s data pipes are critical to ensuring growth online. But these data pipes lie far underground and beneath the sea. Protected yes, but that means laborious, timely and hugely expensive work when it comes to maintenance/upgrades etc. So if the cost goes up, do operators take the bill or will service providers own the responsibility? What about players, will they feel the future strain on global bandwidth? It could be the final episode of game of thrones, an extremely potent viral music video or that live casino dealer who begins to flicker as the connection feels the load.

Of course, this is all just something to think about.

Author: calvinayre.com

MGA publishes Guidelines on its Sandbox Framework for the acceptance of VFA and the use of DLT

The Malta Gaming Authority earlier published details on its Sandbox Framework for the acceptance of Virtual Financial Assets and Virtual Tokens and the use of Innovative Technology Arrangements (ITAs) within the gaming industry (found here) at the first-ever edition of the Delta Summit which is taking place at the Intercontinental Arena Conference Centre (IACC) in […]

The Malta Gaming Authority earlier published details on its Sandbox Framework for the acceptance of Virtual Financial Assets and Virtual Tokens and the use of Innovative Technology Arrangements (ITAs) within the gaming industry (found here) at the first-ever edition of the Delta Summit which is taking place at the Intercontinental Arena Conference Centre (IACC) in Saint Julian’s, Malta, between 3 and 5 October 2018.

The framework shall be divided into two phases: as of 1 January 2019 the Authority will accept applications for the use of DLT assets (VFAs and Virtual Tokens) as a method of payment. In a second phase, the sandbox framework will be extended to applications for the use of ITAs within the key technical equipment of licensees, to coincide with developments launched by the Malta Digital Innovation Authority (MDIA).

The Delta Summit was created to serve as a platform which promotes blockchain technology and other related business opportunities. Internationally, and as reflected in the recent approval of the VFA Act by Maltese Parliament, Malta has been repeatedly confirmed as a leading jurisdiction when it comes to regulating blockchain and cryptocurrency technology. This summit provides an opportunity to solidify Malta’s position as a regulated virtual currency and ICO Centre and the perfect platform for the Authority to outline details of its Sandbox Framework to all interested parties.

During the Summit, the MGA’s Chief Executive Officer, Heathcliff Farrugia, stated that: “The MGA’s strategic mission is to be at the forefront of gaming regulation whilst embracing innovation. This, coupled with the rapid rise in interest from gaming operators to incorporate VFAs and DLT into their operations, were the main drivers behind the proactive approach taken by the Authority to issue a Sandbox Framework for the use of these technologies within a controlled regulatory environment. This Framework is intended as a live document and will therefore be subject to feedback and potential updates during its duration, whilst also keeping in consideration any technological or regulatory developments which may occur. The MGA envisages that this framework will run until end of October 2019, although its extension, both partially or wholly, could be a possibility. The Delta Summit is definitely the ideal place to launch this sandbox.”

The MGA’s CEO is also participating on a panel entitled “Blockchain and the Future of the Gaming Industry”, which will discuss blockchain regulation from a gaming perspective and gamification trends across industries.

The first-ever edition of the Delta Summit features major blockchain companies, renowned stand exhibitors and acclaimed international speakers. Additionally, it provides participants with a one-stop shop opportunity to discuss directly with regulators and blockchain companies alike.

New UKGC standards for complaints processes

The Gambling Commission has distributed new standards, which become effective from 31st of October and enhance how objections are dealt with by elective debate goals (ADR) providers in the betting business. New standards and direction set out how customer dissensions ought to be dealt with and clarify the Commission’s expectations around: – The types of […]

The Gambling Commission has distributed new standards, which become effective from 31st of October and enhance how objections are dealt with by elective debate goals (ADR) providers in the betting business.

New standards and direction set out how customer dissensions ought to be dealt with and clarify the Commission’s expectations around:

– The types of consumer complaints we expect providers to take on.
– Principles for considering compensation.
– Decision quality standards, particularly focused on how providers look at and use evidence.
– The Ombudsman Association’s (OA) six principles of good governance which we expect providers to follow whether or not they are members of the OA.
– Conflicts of interests.
– The information and customer service providers give to consumers.
– The information and data providers share with us and others.

Ian Angus, Programme Director for Consumer Protection and Empowerment said: “The standards published today seek to simplify existing complaints processes and ensure consumer complaints are handled in a fair, timely, transparent and effective manner. Improved standards will also help cultivate consumer trust and confidence in the industry. The standards will come into effect from 31 October, alongside further changes that provide stronger protection for consumers and ensure they are treated fairly.”

Following the 31 October, the Commission will begin to assess ADRs against the new standards.

Google to Reverse Cryptocurrency-Related Advertisement Ban in October

Google is moving back its restriction on cryptocurrency advertisements – following a comparative move made by Facebook earlier this summer, CNBC reports. Google in March was among the first of the major platforms to declare it would never again run boycott cryptocurrency advertisements, because of caution around an industry where there’s so much potential for […]

Google is moving back its restriction on cryptocurrency advertisements – following a comparative move made by Facebook earlier this summer, CNBC reports. Google in March was among the first of the major platforms to declare it would never again run boycott cryptocurrency advertisements, because of caution around an industry where there’s so much potential for consumer harm.

Facebook, Twitter, and even Snapchat had additionally prohibited cryptocurrency advertisements, for comparable reasons.

Be that as it may, Facebook moved far from its sweeping boycott this June, when it said it would never again boycott all cryptocurrency advertisements, however would rather permit those from ” pre-approved advertisers.” It excluded advertisements that advanced double alternatives and initial coin offerings (ICOs), be that as it may.

Google’s policy still bans ICOs, wallets and trading advice, CNBC reports, citing Google’s updated policy page which points to a list of banned products.

Yet, the October 2018 strategy refresh says that “regulated cryptocurrency exchanges” will be permitted to advertisements in the U.S. what’s more, Japan.

To do as such, advertisers should be verified with Google for the particular country where their advertisements will run, a procedure that starts in October. The strategy will apply to all records that promote these sorts of financial products, Google says.

MGA – Treatment of Intermediaries under the new Gaming Act in Malta

The Malta Gaming Authority informs its licensees and the general public that with the coming into effect of the new Gaming Act (Cap. 583 of the Laws of Malta), the administrative treatment of what beforehand used to be called ‘intermediaries’ is to be surveyed in light of the Gaming Authorisations Regulations (S.L. 583.05) [the ‘Regulations’] […]

The Malta Gaming Authority informs its licensees and the general public that with the coming into effect of the new Gaming Act (Cap. 583 of the Laws of Malta), the administrative treatment of what beforehand used to be called ‘intermediaries’ is to be surveyed in light of the Gaming Authorisations Regulations (S.L. 583.05) [the ‘Regulations’] and the Gaming Authorisations and Compliance (Directive 3 of 2018) [the ‘Directive’].

This Guidance Note is intended to elucidate promote the utilization of the Regulations and Directive to these operational game plans.

The new Gaming Act came into effect on 1st of August 2018 after the approval from the Maltese Parliament on 31st of March 2018.

OPAP to acquire Stoiximan Group stake

On Monday 24th of September, Greece’s OPAP has signed a preliminary agreement to get in excess of 33% of Betano proprietor Stoiximan Group (£44.8m/$58.8m) for $50m as a feature of a more extensive arrangement to reinforce its online offering. OPAP has purchased a 36.75% stake in Stoiximan, which is dynamic in Greece and Cyprus under […]

On Monday 24th of September, Greece’s OPAP has signed a preliminary agreement to get in excess of 33% of Betano proprietor Stoiximan Group (£44.8m/$58.8m) for $50m as a feature of a more extensive arrangement to reinforce its online offering.

OPAP has purchased a 36.75% stake in Stoiximan, which is dynamic in Greece and Cyprus under the Stoiximan mark, and also in both Germany and Romania through its Betano image, from TCB Holdings.

The lottery and wagering giant, which agreed the deal through its OPAP Investment auxiliary, has likewise reached a pre-accord with TCB to make extra venture to get joint control with TCB in Stoiximan’s Greek and Cypriot activities.

Both agreements remain subject to regulatory clearance, while the latter will also require clearance from anti-trust authorities and the performance of due diligence.

Should the arrangements experience, the current Stoiximan administration group would stay set up and keep on working freely from OPAP’s online business.

OPAP has submitted huge time and speculation to working up its online exercises as of late and is this week because of dispatch Pamestoixima.gr, its new on the web and versatile sportsbook.

The organization this month likewise posted positive outcomes for the primary portion of 2018, with net gaming income up multi year-on-year to €737.5m and net benefit 32.9% to €66.1m.

Damian Cope, CEO of OPAP, stated: “The strategic investment in Stoiximan that we are announcing today directly compliments OPAP’s own online activities and also gives us online presence at an international level.

“Stoiximan has proven itself to be a successful online operator and we are happy to be working with them.”

George Daskalakis, CEO of Stoiximan, additionally talked decidedly about the new relationship, saying that the help of OPAP would empower his organization to seek after its own development objectives.

Daskalakis included: “This partnership strengthens Stoiximan’s leading position in Greece and additionally allows us to accelerate our growth in international markets, as well as to intensify our strategic focus on technology.

“Our vision is to become established as one of the top gametech companies in Europe while maintaining our Greek character and it is towards this direction that we will continue to work with the same passion and dedication.”

Blockchain to Get Place in the Spotlight at 73rd UN General Assembly

The 73rd UN General Assembly is expected to host a special symposium to discuss the benefits that come with the use of blockchain technology. The symposium, which will be take place on September 24, will be themed “Blockchain for Social Good: Utilizing Blockchain to Aid Economic Development” and will be attended by renowned technology experts […]

The 73rd UN General Assembly is expected to host a special symposium to discuss the benefits that come with the use of blockchain technology.

The symposium, which will be take place on September 24, will be themed “Blockchain for Social Good: Utilizing Blockchain to Aid Economic Development” and will be attended by renowned technology experts and government officials. The symposium will explore the different ways of utilizing blockchain technology to drive economic development.

The forum will be hosted by Finance Center for South-South Cooperation (FCSSC), Women Political Leaders Global Forum (WPL) and Blockchain Charity Foundation (BCF). The symposium will be held at the UN headquarters in New York.

Amid the event, Marie-Louise Coleiro Preca,the president of Malta will issue a keynote address. Furthermore, participants will take part in roundtable discussions on several matters. During the event, distinctive companies will showcase several bitcoin trials.

In a statement, Helen Hai, the head of BCF said that bitcoin is known for improving transparency, efficiency and accountability to charitable activities. She noted that this, blockchain contributes towards accelerating the reduction of poverty around the world, creates more jobs and boosts economic growth.
Hellen added that her company is happy to be taking part in such a high-level engagement as well as working with global organizations and industry partners.

BCF is a non-profit organization that mainly specializes in the supporting the adoption of blockchain technology as a way of improving the social well-being of the people. The company supports the use of blockchaion technology so as to help in implementing the 2030 UN Sustainable Development Goals. Currently the company is working with global partners and organisations so to to promote the adoption and use of emerging but disruptive technologies around the world.

In his side, Silvana Koch-Mehrin, the founder and president of WPL said that they are optimistic that the technology as well as the digitization will be of great importance in advancing the social good around the world. WPl brings together female politicians from around the world, who work together to boost women influence and access to leadership positions around the world.