- Gaming professionals come together at inaugural World Gaming Expo
- Amax Holdings strikes 3-year deal to operate Genting Crown Casino VIP room
- Japan pushes for speedy passage of gambling addiction bill
- VIP, premium mass drive Macau’s gaming revenue up 23% in November
- SoftSwiss now offering Malta licensed White Label solutions
- John McAfee and other keynote speakers will attend the First Blockchain cruise in Asia
- Breakout Gaming Group launches new dedicated poker site on GG Network
- ReelNRG awarded UK licence by the UK Gambling Commission
- Videoslots’ Christmas Calendar kicks off festive countdown
- Preparing for glory at the 2018 World Cup
Posted: 01 Dec 2017 09:07 AM PST
Monaco, a place renowned for its prestige and casinos, is gearing up to host the first edition of World Gaming Expo (WGE).
WGE 2017 will take place from Dec. 6 to 8, 2017, at the Grimaldi Forum Monaco and promises to provide the perfect platform where major players of the gaming industry—from equipment manufacturers to gaming machine and software developers, and even casino representatives from all over the world—can present their innovative solutions to a large audience at the heart of Europe.
Gaming is an important part of Monaco's and the French Riviera's economy: Monaco is host to four casinos, while about 20 casinos are scattered in the French Riviera cities. As one of the top luxury destinations in the world, Monaco is the best place for gaming industry leaders, producers and regulators to share their experiences of the emerging markets, while also mapping new strategies and approaches to succeed in the industry.
Over a dozen of gaming industry leaders are set to speak at the three-day conference, including OulalaGames CEO and co-founder Valery Bollier, who will discuss how products like daily fantasy sports, eSports, monetized video games and virtual reality can fit the needs of millennials.
Blockchain technology is also bound to be one of the hottest topics at the conference. A panel called "The blockchain technology as the driver for the next generation of online gaming" will discuss crypto assets and breakthroughs for casinos and betting platforms.
In this panel, Filipe Zago will introduce blockchain technology and the Internet of Value, while Quanta Technology Chief Regulatory Officer Adam Vaziri will talk about Quanta Lottery, which is the first fully compliant blockchain lottery in the world. Aleksandra Fetisova, COO of DAO.Casino, will discuss blockchain revolution in online gaming or DAO.Casino blockchain protocol for gaming industry.
For more information about the three-day conference, visit the official website here.
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Posted: 01 Dec 2017 08:41 AM PST
Hong Kong-listed gaming investor Amax International Holdings has finally named the Cambodian gaming venue that houses the VIP room that the erstwhile casino junket company will operate.
In a filing, Amax announced that its wholly owned subsidiary Victor Mind Global Ltd. has signed a three-year license agreement with Crown Resorts Co. Ltd. for the exploration of a VIP room in the Southeast Asian country.
Under the deal, Crown Resorts has agreed to rent the Target VIP room in the Genting Crown Casino in Poipet starting Dec. 1.
Amax will outsource the operation of the VIP room's 13 VIP baccarat gaming tables to an undisclosed third-party junket operator, which the company described as "one of the top junkets" at its now-defunct Greek Mythology Casino. The junket operator also runs VIP rooms at Sands in Singapore and Imperial Pacific Resort Hotel in Saipan, according to the filing.
"Throughout his tenure with the [Greek Mythology] casino, the operator has successfully migrated certain existing long-term relationship PRC high rollers to Cambodia and at the same time, built up his own junket network in Cambodia, Thailand and Vietnam," Amax said in its filing.
Established in 1999, Genting Crown Casinos is one of the first licensed casinos in Cambodia. The property, located on the Cambodia-Thailand border, is an integrated hotel-casino entertainment complex with public floor gaming tables and slot machines, VIP gaming tables, as well as hotel, catering and entertainment businesses.
"Due to the excellent geographical location and given the fact that gambling is prohibited in Thailand, Thai nationals have long been the one of the major customers of the casino. Recently, with the economic growth of Cambodia driven by the close business relationship between Cambodia and China, China visitors has become the new growth driver of the VIP room business of the casino," Amax said.
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Posted: 01 Dec 2017 07:37 AM PST
Japan's ruling coalition is pressing legislators to approve a gambling addiction bill before they head home for their winter break.
On Friday, Prime Minister Shinzo Abe's ruling Liberal Democratic Party (LDP) and its coalition partner Komeito reintroduced a bill aimed to mitigate the potential social harms that could arise from the country's plans to authorize casino gambling for the first time.
Japan passed casino enabling legislation in December 2016, setting up the need to pass the so-called Integrated Resorts (IR) Implementation bill sometime next year. A previous version of the gambling addiction bill, which is viewed as a necessary precursor to the IR bill's passage, was submitted this summer but died on the order paper after Abe's snap election call.
The bicameral Diet is scheduled to wrap up its 2017 affairs on December 9, but the LDP/Komeito faction hopes to get an assist from the Nippon Ishin no Kai party in the House of Representatives and get the gambling addiction bill to the floor for a vote before legislators head for the exits.
HO NO FAN OF JAPANESE SPEED DATING
In an interview with Reuters on Friday, Ho repeated his earlier claim that he "would personally move here while we are building [City of the Future], and we would move the core management team and headquarters here." MRE has casino operations in Macau, Manila and an in-development project in Cyprus, but Ho emphasized that a Japan IR would be MRE's "most important project outside Macau."
Ho's casino rivals, including Las Vegas Sands and MGM Resorts, have each pledged to spend up to $10b building their own Japanese IRs, and Ho has one-upped these pledges by vowing to outspend all comers in order to build a memorable and truly Japanese facility.
Japan is widely expected to require its casino licensees to enter into partnerships with local firms. Ho said MRE is keeping an open mind as to what level of ownership his group will be able to hold in any joint venture, and had already had "discussions with Japanese financial institutions that would be interested to be part of a financing group."
Ho noted that MRE's meetings with local officials and potential joint venture partners was "almost like 'speed dating' – sometimes we go into their offices and see our competitors in the waiting rooms.
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Posted: 01 Dec 2017 07:36 AM PST
November marks the 16th consecutive month of growth for the world's gambling hub of Macau.
Casino gross gaming revenue (GGR) in the city state grew 22.6 percent year-on-year in November to reach MOP23 billion (US$2.9 billion), according to data released by the Gaming Inspection and Coordination Bureau (DICJ). The November GGR result beat analysts' growth estimates of 19 percent.
The latest figures brings Macau's market tally for the first 11 months of 2017 to MOP243.04 billion, up 19.5 percent compared to the same period last year, government data showed. The 11-month total has also surpassed the MOP223.2 billion GGR that the city state's casinos recorded for the full 2016.
"Based on our recent on-the-ground conversations with those in the VIP space we believe that VIP could likely be a 20%+ grower in 2018. With mass likely to be a 10%+ grower in 2018, the market is shaping up to see mid-teens growth next year," Union Gaming analyst Grant Govertsen said in a note.
Cheap, but high quality rooms are helping bring "better quality gaming customers" to Macau, even though the city state itself isn't "materially busier" in the tourist areas, according to the analyst.
"Ultimately, having a greater number of hotel rooms available to marketing teams that can then be allocated to high quality players is a significant factor in the broader swapping of lower quality customers for higher quality customers," said Govertsen.
December is expected to bring even better number for the gambling enclave. Aside from historically being a seasonally stronger month than November, this year's December also comes with one additional Sunday. Because of this, Union Gaming analysts forecast 23 percent growth for the month, bringing the GGR to upwards of 20 percent for the full year.
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Posted: 01 Dec 2017 06:21 AM PST
Another milestone for SoftSwiss was reached this November when the company was awarded the Malta Remote Gaming License.
Ever since 2014 gaming software provider SoftSwiss has been offering a service of launching a White Label casino under the aegis of Curacao, by far the most popular online gambling jurisdiction. Over the years SoftSwiss has seen a dramatic increase in the number of highly successful projects operating under the White Label model.
In light of this the logical next step was expanding to the jurisdiction of Malta. After extensive due diligence checks and a rigorous technical audit of the software, the Malta Gaming Authority issued a Class 1 on 4 gaming license to N1 Interactive Limited, a Malta corporation within SoftSwiss group of companies.
This achievement marks a major milestone for SoftSwiss, with the main goal of providing casino operators powered by the company's platform with broader access to the European markets under the reputable banner of MGA.
Now that the platform is compliant with Maltese requirements, SoftSwiss will continue to uphold high industry standards and build on the already established quality of services. It is worth noting that besides Malta, the casino platform is also proven to be in full technical compliance with such internally regulated markets as Belgium, Estonia and Romania.
SoftSwiss representatives said they were already preparing for launch several online casinos with unique features under the MGA license. Besides that, in Q1 2018 the company plans to release two new software products to complement its core offering.
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Posted: 01 Dec 2017 06:10 AM PST
Blockchain Cruise Asia will feature global investors, government officials, cryptocurrency experts and business leaders such as John McAfee and Andrew 'Flip' Filipowski.
Blockchain Cruise Asia will take place January 15th through 19th, 2018, departing from Singapore to Phuket (Thailand) via Penang Island (Malaysia) and will be held on one of the Royal Caribbean's Mariner of the Seas. In terms of its format, Blockchain Cruise Asia 2.0 has no equal anywhere in the world.
The organizers of the annual blockchain cruise – CoinsBank announced: within four days the most discussed topics on the ship will be about the development of blockchain technology, trends of cryptocurrencies, regulation, investments, security and ICO. Thе event will feature some key industry professionals as well as relevant government authorities and attorneys.
Blockchain Cruise Asia is a mecca for FinTech and Blockchain specialists, uniting over 50 of the industry's top influencers and will be covered by many different media outlets from print to streaming to major television networks. The event also expects to have over 700 industry professionals in attendance which will provide valuable networking.
Among the attendees will be the famed CEO of MGT Capital Investments and founder of McAfee Security, John McAfee. He claimed this summer via Twitter that the price of Bitcoin will reach $500 000. Thus, McAfee demonstrates his confidence in the future of the cryptocurrency.
"Blockchain Cruise Asia will be the perfect atmosphere for networking! At a typical conference there is barely enough time to exchange business cards, however, with our famous sunset happy hours, organized fun events and VIP dinners aboard Royal Caribbean's luxurious Mariner of the Seas, there is ample opportunity to meet potential partners and customers. "We like to set ourselves interesting but difficult goals, perhaps someday we will organize a blockchain flight to Mars or disembark to the moon", – says Event Coordinator Kristina Bliadze.
On the third day of Blockchain Cruise Asia, all passengers will be transported to Paradise Beach in Phuket, Thailand to attend the private island event, Thai Blockchain Conference. Also, it’s a separate event and tickets are available for those who cannot attend the entire Blockchain Cruise Asia event.
On January 18th , Blockchain Cruise Asia will have a full day of conferences on the way back to Singapore.2 conference halls will be feature different topics: Blockchain and cryptocurrency, Investments and ICO. The price of participation Blockchain Cruise Asia starts from $1800.
Full conference agenda including a list of speakers is available on website www.coinsbank.com/cruise-asia
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Posted: 01 Dec 2017 06:04 AM PST
In addition to all major fiat currencies, BreakoutPoker.com, a member of the GG Poker Network, will accept the BRK cryptocurrency for player transactions
Building on the success of its newly-released Breakout Casino, the Group has completed the development of the new poker site, a member of top-ranked GG Network, providing Breakout members with a premier poker destination available in most global markets.
Breakout Poker is the first online poker site to accept the BRK Coin as a deposit and withdrawal currency, in addition to Bitcoin and USD. Within several months the site will add BRK denominated tables and dual cashier balances, providing players the ability to play at any table with seamless currency conversion. The BRK Coin currently trades on several online exchanges including Bittrex.com.
"We hit a major milestone with the launch of BRK-denominated gaming," said James Stroud, CEO of Breakout Coin Services. "Our focus now is to add the acceptance of BRK across all of our gaming platforms."
Breakout Coin Services is the crypto-development company that engineered the BRK coin as part of the world's first multi-currency blockchain.
The GG Network is currently ranked in eighth position on Poker Scout, with thousands of members playing concurrently online. The network offers Hold 'em, Omaha and a unique blend of action-packed proprietary games.
Gian Perroni, Chief Gaming Officer at Breakout, said: "The launch of our new poker site provides our members with access to one of the most exciting and forward-thinking poker networks. The combination of GG Poker's dynamic product development team and our innovative BRK cryptocurrency integration gives us the opportunity to introduce poker to both existing and new poker audiences."
Breakout Poker is integrated into the Breakout Affiliate program, along with the current UKGC-licensed BreakoutCasino.com, and Curacao-licensed BreakoutGaming.com. The program offers affiliates generous commissions with no minimum earnings or delivery requirements, and featuring no negative carry-overs on affiliate revenues.
About the Breakout Gaming Group
Breakout Gaming has created a suite of entertainment platforms for both gamers and gamblers, including a full selection of the most advanced gaming products online. Working with both standard fiat currencies and cryptocurrencies, including the Breakout Coin (BRK), the Group offers a full online gaming platform featuring sports, casino, poker and skill games wagering, a digital download PC/Mac game store, a full RNG and live dealer casino, and the new Breakout Poker.
BreakoutCasino.com sits under Pariplay Ltd (#125304C) of registered address Clinch's House, Lord Street, Douglas, Isle of Man IM99 1RZ and is regulated by the UK Gambling Commission. For players residing in Great Britain the site is licensed and regulated by the Gambling Commission under licence number 039167-R-319323-010 issued to Pariplay (Isle of Man) Limited.
BreakoutGaming.com is operated by Breakout Group B.V. (Curacao) and operates under Curacao eGaming License No. 1668/JAZ.
BreakoutPoker.com is operated by Breakout Group B.V., a wholly owned subsidiary of Breakout Playa Limitada, Reg# 3 102 712947, Oficentro Momentum Lindora; Radial Lindora-Santa Ana, Costa Rica, licensed to conduct online gaming operations by Government of Curacao License no 365/JAZ Sub-License GLH-OCCHKTW0707182016
To visit the new UKGC licensed casino — https://breakoutcasino.com
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Posted: 01 Dec 2017 05:55 AM PST
London, 1 December 2017: Casino game development company ReelNRG has been awarded a licence by the UK Gambling Commission.
Headquartered in London, the fast-growing industry provider will now be able to supply its games, under the terms of a remote software licence, to UK players through their partnered operators.
Having expanded its commercial footprint significantly in recent months, ReelNRG will continue to roll out its exciting catalogue of games with a growing number of platform and operating partners.
Calvin Kent, CEO of ReelNRG, said: "It is a hugely significant milestone for ReelNRG to be granted a licence by the UKGC, as we continue to build on our engaging portfolio of slot games.
"When it comes to online casino, the UK is one of the world's most developed and significant markets, and we are looking forward to playing an active role in its future growth."
ReelNRG's flourishing portfolio of video slots contains a diverse selection of popular games, including Snow Wild, Dragon's Castle, Shanghai Respin and Goddess of Asia.
The provider signed an agreement to integrate its titles with BetVictor in October 2017.
For more information on this release or to arrange an interview please contact Tom Lewis at Square in the Air on 020 3586 8257 or firstname.lastname@example.org
ReelNRG is a casino game development company that is dedicated towards delivering high quality casino slots based in London, England. The supplier takes pride in producing games which engage its players with stunning audio and visual gaming experiences. The firm has made great success since it started and will always remain committed to developing exciting new innovative gaming content.
ReelNRG promise to deliver profitable games that meet its clients' expectations, as well as high entertainment value for their players.
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Posted: 01 Dec 2017 05:50 AM PST
1st December, 2017 – The countdown to Christmas has officially begun at leading casino operator Videoslots.com, with its Christmas Calendar promotional campaign starting today.
In the run up to Christmas Day, Videoslots will offer its players various rewards each day, which can be won by completing a certain number of spins on that day's featured title.
The generous rewards will be kept hidden from the player until they've fulfilled the requirements, but they'll include a mix of Free Spins, Weekend Boosters, and Casino Race Multipliers.
The campaign period will run from 1st December until Christmas Day, which will be celebrated with Red Tiger Gaming's Jingle Bells slot.
Other games featured in the Christmas Calendar include Play'n GO's Hugo 2, Yggdrasil's Jungle Books and Pragmatic Play's Diamond Strike.
Alexander Stevendahl, CEO at Videoslots.com, said: "We're known for our impressive promotional campaigns at Videoslots, and in keeping with the festive spirit, this year's Christmas Calendar will be giving out thousands of free spins and other rewards over the next 25 days.
"Each day's rewards will be linked to some of our players favourite slots, allowing them to continue their usual gaming habits but with bigger wins and rewards on offer."
This year's Christmas Calendar follows the success of last year's edition, which saw thousands of spins and multipliers given away throughout the period.
For more information on Videoslots' Christmas Calendar, please visit: https://www.videoslots.com/christmas-casino-rewards-2017/
Founded in 2011, Videoslots.com is an award-winning online casino with the widest variety of games in the industry.
With an unparalleled range of more than 2,300 slots and table games from trusted providers, Videoslots.com offers a premium gaming platform to customers, enhanced by innovative new promotional concepts including Casino Races and Battle of Slots. It aims to create a unique entertainment product via technical excellence, exceptional customer service and the latest game play innovation.
Videoslots.com also provides market-leading customer protection with its industry-first Max Bet Protection, allowing players to select their maximum bet limit per spin, and robust compliance procedures. It was the winner of Best Casino at the 2015 and 2016 Casinomeister Awards, Best Gaming Experience and Best Casino Manager at the 2016 Casinomeister Awards, and Best Slots Operator at the 2017 International Gaming Awards.
Videoslots.com is owned by Malta-based parent company Videoslots Limited, and holds licences in Malta, the UK and Curacao. For more information, please visit www.videoslots.com.
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Posted: 01 Dec 2017 05:26 AM PST
This is a guest contribution by Martin de Knijff of Metric Gaming. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.
This Friday the Fifa World Cup draw takes place in Moscow ahead of the greatest sporting show on Earth.
For football fans who love the quadrennial fiesta, six months of waiting until the tournament's opening games in June might seem like a lifetime. Although many of us may be able to conjure up memories of Diego Maradona swooning past England's defence and great Brazilian teams, the betting industry perhaps has a less romanticised view of the tournament. With the 64 games offering an opportunity for record turnover and double-digit jumps in revenue in the second and third quarters, all of a sudden six months does not seem long enough.
Just as the coaches leading their teams in Russia will have very clear plans for the final stages of their build up and then the tournament itself, betting companies that want to maximise their performance in June and July should also be on top of their preparations.
Six months should be plenty of time to make sure that technology, offering and marketing are in great shape. With competition set to be off the scale, operators cannot afford to be left behind. If an app is too slow or markets too restrictive, bettors will simply go elsewhere. A lack of preparation will guarantee a first-round exit rather than glory.
To gain supremacy from a technological point of view, I would suggest that operators' focus should be on streamlining mobile registration and payment processing to the point that it is seamless for new users to get in the game. Fingerprint access, or Touch ID, as opposed to onerous usernames and passwords, would be my choice to gain an advantage.
In terms of offering, I think the World Cup is an excellent opportunity for true fantasy markets, and hybrid sports betting markets of fantasy-esque nature. Fantasy is a grassroots product, and has the potential to resonate with the much wider demographics attracted to wager on the World Cup. Remember, there will be millions watching games free-to-air from their TV screens.
While I won't be offering tips on team tactics, nutrition or rest days, here is my advice as to what operators should be focusing on in the coming six months:
Make sure you are developing a solid, well thought out social media marketing plan, and have the firepower in place to support high levels of engagement.
Advertising, both direct and indirect, must be carefully pinpointed, with a focus on quality rather than quantity. It's also better to have less visibility than the wrong visibility, as scattergun advertising could inadvertently lead to your brand being associated with 'hate' sites. JP Morgan and Chase cut their ads from 400,000 websites to 5,000 for this very reason. I think, in general, operators have cared too little about their brands and what they stand for. The World Cup is a great opportunity, but also a significant risk in this regard.
2. Fantasy football
I think operators in all prudence need to complement their sportsbook with a fantasy offering. Imagination is the only limitation to what can be done in crossover marketing, with one example being the packaging of traditional player markets in a quasi-fantasy way. Companies like ScoutGamingGroup (FanTeam) offer interesting angles on this subject.
Make sure to have a comprehensive selection of instant gratification markets available. Users' attention spans are shortening by the minute and if you don’t offer 1min-3min-5min markets you are leaving money on the table. Metric Gaming has a wide variety of such markets with both binary and multi-selection options. For the World Cup, that breadth and depth will expand even further.
About the author:
Martin de Knijff, Metric Gaming's chief executive, assesses how operators should spend the coming six months preparing for the start of the 2018 Fifa World Cup.
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