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Animoca Brands partners Formula 1 for new blockchain game

first_img26th March 2019 | By contenteditor Tags: Online Gambling Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Gamification, blockchain and artificial intelligence solutions provider Animoca Brands has agreed a deal with Formula 1 to develop a new blockchain game based on the motor-racing series. Under the global licensing agreement, Animoca Brands will develop and publish ‘F1 Delta Time’, featuring a collectible component based on non-fungible tokens (NFTs) and a racing component utilising these NFTs. Animoca Brands plans to launch the first phase of the new game, featuring NFTs based on Formula 1 intellectual property on May 10, ahead of the Spanish Grand Prix in Barcelona. Yat Siu, co-founder and chairman of Animoca Brands, said that this new licensing agreement and the brand power of Formula 1 will help to broaden the provider’s consumer reach and product uptake on a global scale. “Securing a partnership to make blockchain games with Formula 1 – one of the most recognised brands in sport – is a notable achievement,” he said. “We will leverage Formula 1’s considerable global reach to drive product uptake and revenue growth as together we seek to increase consumer exposure to blockchain.” Formula 1 is recognised as one the leading motorsport series in the world, with events in 21 countries across five continents and an annual race attendance of more than 4.1m people. The 2019 Formula 1 season began earlier this month with the Australian Grand Prix in Melbourne. The next race on the schedule is the Bahrain Gran Prix at the Bahrain International Circuitin Sakhir on March 31. Last month, SportPesa became the first online betting operator to enter into a title sponsorship agreement with a Formula One team after striking a multi-year deal with Racing Point Force India. The team has adopted the new name of SportPesa Racing Point F1 Team for the 2019 season. Image: Artes Max Animoca Brands partners Formula 1 for new blockchain gamecenter_img Topics: Sports betting Tech & innovation Subscribe to the iGaming newsletter Gamification, blockchain and artificial intelligence solutions provider Animoca Brands has agreed a deal with Formula 1 to develop a new blockchain game based on the motor-racing series. Sports bettinglast_img read more

Cutting through the noise of game launches: Affiliate focus

first_img NetEnt became one of the first game developers to feel the heat from the Advertising Standards Authority in the UK in April. This saw the watchdog deploy avatars mimicking the browsing behaviour of children as part of its ongoing crackdown on minors being exposed to gambling ads.Rightlander’s Sims believes this is a vital area for stakeholders to navigate if they are to affiliate marketing partners comply with regulations across various markets Casino & games About First Look Games First Look Games establishes a link between game developers and affiliates, providing game information and content about latest releases and full game libraries before anybody else. First Look Games enables affiliate readers to download Affiliate Packs – full of game assets and information – for a variety of the games featured here to enhance reviews and to build content. Coupled with NetEnt’s recent foray into the affiliate space and Cherry AB’s ownership of Yggdrasil, Cherry, ComeOn and Game Lounge, you now have companies working as developers, operators and affiliates, potentially unbalancing the established ecosystem. This, in turn, could see developers prioritise internal affiliate assets over third parties.ComeOn Connect head of affiliates Katy Stafford says that developers are already slow to provide affiliates with product information. She argues that new tools that act as a central source for game assets such as video content, such as First Look Games, will enable affiliates to create “really amazing” game pages.“At the end of the day, that’s what we are selling [the games] so if we can ensure that affiliates are properly equipped and players are educated then that can only be a good thing,” Stafford adds. iGamingBusiness.com has partnered with innovative marketing platform First Look Games as it looks to provide greater exposure for games developers in an intensely competitive market. Tom Galanis introduces the new cooperation with an exploration of the role of the affiliate in game release cycles iGamingBusiness.com has partnered with innovative marketing platform First Look Games as it looks to provide greater exposure for games developers in an intensely competitive market. Tom Galanis, co-founder of First Look Games, introduces the new cooperation with an exploration of the role of the affiliate in game release cyclesThe slots market is becoming increasingly competitive and crowded. With hundreds of studios regularly releasing games, it is increasingly difficult for stakeholders to ensure news of launches reaches its audience, and to optimise the collective efforts and investment that go in to this process. Information gap Recently a select group of affiliates, including Catena Media’s Askgamblers.com, has sought to charge game developers for reviewing their content, in addition to any commercial arrangement in place with the operator which receives the outbound click. For Chris Taylor of UK-facing casino portal Online-Slot.co.uk, tried-and-tested methods are the order of the day when it comes to deciding which provider’s games to promote. However, he adds, other factors such as high volatility can be key drivers of traffic for many review sites. Affiliates play a vital role in the launch marketing of new slots, yet we actually hear very little from them about what works, what doesn’t work, and what their expectations are when it comes to marketing these games effectively. A successful casino affiliate recognises what captivates players in a slot game and it is this captivation that drives repeat play and for them – as much as for operators and game developers – incremental earning potential. “When it comes to slots, the releases from the big providers such as Playtech, Net Entertainment and Play‘n GO get more exposure due to players recognising their previous work,” Taylor explains. “On the other hand, if a slot is high variance, looks great or is branded, it will be prioritised and pushed accordingly. Cutting through the noise of game launches: Affiliate focus A game’s success hinges on multiple elements coming together. In the age of tightening margins, it is no easy feat ensuring that each and every stakeholder is not only equipped to take the necessary steps, but is sufficiently incentivised to do so. Subscribe to the iGaming newsletter Affiliate managers are another stakeholder often omitted from game launch communications, siloed away from casino management briefings. This explains the frustration felt by many game developers who hold no commercial or communicative ties to affiliates.Silly mistakes Kevin Reid, CCO at 1×2 Network, says that this sort of poor stakeholder communication leads to silly mistakes being made.“I find it baffling how there are still some affiliates, in spite of the excellent lengths they go to in order to review our games, subsequently fail to link that game to a casino that’s running it,” he says. “Players are then getting lost at the beginning of the funnel”. Former slots affiliate Ian Sims, now founder of affiliate compliance platform Rightlander, agrees that recognition can be a powerful factor.“I really like games that come from a land-based environment because they already have a following, and my marketing was aimed mainly at experienced players rather than newbies,” Sims says. 24th April 2019 | By contenteditor Tags: Mobile Online Gambling Slot Machines Such mistakes may appear farcical, but there is the spectre of compliance requirements increasingly governing all stakeholders when it comes to slot game marketing. As yet, it is not clear whether a single UK operator or licensed game developer has issued clear guidelines to affiliates regarding use of free-to-play games. This represents a crucial moment for all of the stakeholders involved in the promotion of new games to to ensure clear and effective communication on the matter. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “I tend to favour highly volatile slots as these tend to become a mission for players to hit the potential big payouts. Slots like Big Time Gaming’s Bonanza, NetEnt’s Dead or Alive and Microgaming’s Immortal Romance have achieved cult status due to the big wins possible so [they] stand the test of time and are regularly played by avid slot players.” He points to the impending age verification guidelines in the Great Britain Gambling Commission’s Licensing Conditions and Codes of Practice, due to come in to force on 7 May, which may well spell trouble for affiliates serving demo play versions of games.“The whole field of regulation regarding the Under 18 appeal is a bit of a minefield with so much open to interpretation,” Sims explains. “The cessation of the supply of free-to-play versions of games from operators will also have an impact but I actually understand why this rule is coming in and can see the logic.” Regions: UK & Ireland Companies: Yggdrasil Topics: Casino & games Marketing & affiliates Slots Email Addresslast_img read more

MansionBet lands commercial deal with Newcastle United

first_img Regions: UK & Ireland Gambling operator MansionBet has agreed a new deal to become the official UK betting partner of English Premier League football club Newcastle United.The deal will run for two years – covering the 2019-20 and 2020-21 seasons – with MansionBet to operate betting terminals within the team’s St. James’ Park stadium.MansionBet will also offer special price boosts and exclusive deals for Newcastle United fans and run a series of fan-focused competitions featuring prizes such as money can’t buy experiences and match tickets.“We are excited to add Newcastle to our growing portfolio of sponsorships to increase our reach in the UK and Ireland,” MansionBet chief executive, Karel Manasco, said. “We have plans for activities that will benefit both the club and its supporters, and believe this is the perfect partnership.”Dale Aitchison, head of commercial at Newcastle, added: “MansionBet has a proven track record when it comes to football sponsorship and we look forward to working with the group to deliver a fantastic betting service to our fans on a matchday.”MansionBet also currently serves as the main shirt sponsor for Premier League club AFC Bournemouth. MansionBet lands commercial deal with Newcastle United 29th July 2019 | By contenteditor Gambling operator MansionBet has agreed a new deal to become the official UK betting partner of English Premier League football club Newcastle United. Tags: Online Gambling Email Address Marketing & affiliates Topics: Marketing & affiliates Sports betting Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

BetWarrior goes mobile with new sports betting product

first_img Subscribe to the iGaming newsletter Sports betting 23rd October 2019 | By contenteditor Topics: Sports betting BetWarrior goes mobile with new sports betting product Online gambling operator BetWarrior has rolled out a new mobile sports betting product as part of its ongoing expansion strategy, following the launch of its brand earlier this year.The fully native BetWarrior app is now live with a customised Kambi sportsbook in certain markets across Latin America. BetWarrior agreed the sportsbook supply deal with Kambi in June.BetWarrior has integrated the sportsbook into its Omega Core platform, which was provided by Omega Systems as part of an agreement signed in July.The operator tested the product among a number of early users in recent weeks and will target regulated markets in Latin America, with a view to then expanding into Europe.BetWarrior was launched by PokerStars veterans Morten Tonnesen and José del Pino. The pair previously worked together as part of the PokerStars marketing team, and both held the role of director of group marketing.“This is a major landmark in the development of BetWarrior, and we can now offer our users a complete mobile betting and gaming experience that stands apart from everything else out there,” Tonnesen said.“We set up BetWarrior with the intention of radically transforming the way people experience sports betting, and in partnership with Kambi, we have created a personalised mobile sportsbook like none other. We are hugely excited to watch the first players enjoying the action.”center_img Tags: Mobile Online gambling operator BetWarrior has rolled out a new mobile sports betting product as part of its ongoing expansion strategy, following the launch of its brand earlier this year. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

Blocking tactics: Banks join the RG revolution

first_img A move by one UK bank to allow customers to block gambling transactions has led to both a ripple effect in the financial services industry and an awareness that a cross-sector approach is needed to reduce gambling-related harm, reports Joanne Christie A move by one UK bank to allow customers to block gambling transactions has led to both a ripple effect in the financial services industry and an awareness that a cross-sector approach is needed to reduce gambling-related harm, reports Joanne Christie.When a recovered gambler called Tony Franklin approached Starling Bank and asked if it might be possible to block gambling transactions to help those with difficulties controlling their gambling, he kick-started a significant shift in thinking about the role of the financial services sector in reducing problem gambling.Though the perception is often that the issue is caused by the gambling industry and is therefore one it is responsible for solving, if you ask those who’ve experienced gambling-related harm they often have other ideas, particularly given the financial harm so often linked with problem gambling.Tony Marini, a recovered compulsive gambler and senior specialist therapist at Castle Craig Hospital, where he helps others overcome addiction issues, told iGaming Business last year he saw banks as having a vital role to play in preventing gambling-related harm.“What I am finding from the people who have problems now is they are using different online sites, so they are spreading themselves around,” he said. “Banks must notice that people are doing all these transactions at different sites.”Fortunately for Franklin and Marini, not only was challenger bank Starling open to the idea, but its move to introduce the first banking gambling block in the UK was quickly followed by similar moves from other banks.Starting a trend
 “This is now a thing, it didn’t used to exist,” says Starling Bank’s head of corporate affairs Alexandra Frean. “We have had a lot of positive feedback and people have said thank you. When we announced it last year, I think the fact that we were first and that other banks have subsequently done it has meant people are grateful that we kicked off the conversation.”Shortly after Starling launched its block in June 2018, rival challenger bank Monzo announced a similar block and Barclays was the first high street bank to follow suit in December the same year.“Banks have worked hard to make it easy for customers to make payments quickly and easily. However, we know that sometimes there can be a downside to this and we’ve thought about how we can introduce friction into the payments process in a way that customers can control,” says Clare Francis, director of savings and investments at Barclays UK.“Barclays developed the new tool with customers in vulnerable circumstances in mind, particularly those with mental health issues and addictions. We know from feedback from our own customers, as well as from research from the Money and Mental Health Policy Institute, that people with mental health issues struggle to control their spending,”.Since then the likes of Halifax, Lloyds Bank, Bank of Scotland, MBNA, NatWest and HSBC have also introduced gambling blocking features.So far, all the evidence points to these being a much-needed tool. Frean says about 25% of Starling Bank customers have turned on the gambling block. However, she qualifies that by adding: “I’ve turned on the gambling block on my Starling app and I do not do gambling or gaming, I just turned it on because I can. So what we can’t tell is of the people who have turned it on, how many of them have just done it because they were in the app and saw it there and thought ‘I’ll switch that on’, or because they have an issue with gambling and gaming.”Similarly, HSBC reported “really positive take-up” shortly after launching its block in November 2019. “We launched on 12 November and through to 30 November we have seen over 6,000 blocks applied already,” says Maxine Pritchard, head of financial inclusion and vulnerability at HSBC. “The really positive note on that is that only around 10% of those blocks have been removed, so people are applying the block and leaving it there.”The Lloyds Banking Group said in mid-December that across its four brands – Halifax, Lloyds, Bank of Scotland and MBNA – 30,000 debit and credit card customers had signed up to gambling card controls since they were launched at the end of October.A number of the more recent entrants to gambling blocks have also implemented other measures to assist those at risk of gambling-related harm. NatWest, for example, recently announced it will offer counselling sessions with GamCare staff in 13 of its branches.HSBC, which says it receives an average of 1,000 calls per month related to gambling, also arranged GamCare training on gambling addiction for its specialist support team, which helps vulnerable customers. “That training really gave the team an understanding of how to open up a conversation and the kind of questions that you might ask,” says Pritchard.Bringing operators into the equation
 Much of the work being done by financial institutions has involved consultation with gambling charities; however, thus far there’s been very little consultation with gambling operators themselves.To counter this, in late 2018 a Collaboration Day was organised by Playtech, William Hill and Sky Bet, bringing together representatives from the financial sector, the charity sector and the gambling sector.“A number of financial services organisations had initiated new tools and services to support at-risk and vulnerable customers and there was an opportunity to bring those sectors together to facilitate cross-sector dialogue, share insights and ideas,” explains Lauren Iannarone, head of public affairs and sustainability at Playtech.From this event came the idea of a cross-sector initiative on gambling-related financial harm, a project spearheaded by GamCare and officially launched in October 2019.Megan Pengelly, programme manager for risk reduction projects at GamCare, says the Collaboration Day resulted in a clear realisation that there was a need for sectors to work together to develop consistent solutions to help tackle and prevent problem gambling.“The strongest theme around financial harm is that really for these different tools and initiatives to be effective they have to be consistent and across the board. What we noticed is that there is lots of brilliant work happening in each of those sectors but: a) not everybody knows what each other is doing; and b) some of the work can be increased and made even better when it is shared and used across the board and informed by each other’s work.“If people are hearing one thing from their operator, the place they go to gamble, then another thing from their bank, and then perhaps another thing when they come to GamCare or are referred to GamCare, that is very inconsistent and it is more likely that people will drop out of the service or get into other issues as well,” she says. The project brings together four key sectors including banking, debt advice, gambling treatment and the gambling industry, with the aim of developing a best practice framework in three key areas:  communications, identification and proactive tools such as gambling blocks.Creating consistency
 The project’s advisory panel, which includes representatives from HSBC, RBS, Santander, Citizens Advice, Playtech, the Senet Group, the Money and Pensions Service, PayPlan and individuals with experience of gambling-related financial harm, is currently working to map all the services that already exist, before determining how to best standardise these offerings going forward.There may be opportunities for more initiatives such as the counselling service announced by NatWest, for example. “What we’re really keen on is different locations that people can go and get help,” says Pengelly. “The great thing about going to banks is it reduces stigma. If people have to go out of their way to find a service it maybe makes people a bit more reluctant to do it, so where there are opportunities to get it on the high street and for it to be discreet and linked in with other services, we think that is a really good extra service.”The gambling blocks that largely set the ball rolling are also one of the items on the agenda, says Pengelly. “We don’t have a big pool of evidence yet; anecdotally problem gamblers are finding it really useful but it is really now about getting consistency within those gambling blocks, so finding out what the best cool-off time is, finding out if you should have to ring up to shut it down. Across the board all the gambling blocks look slightly different.”A separate project launched in September 2019 to explore the role of financial services firms in reducing gambling-related harm is also looking into this issue. Money and Gambling: Practice, Insight, Evidence (MAGPIE), a partnership between the University of Bristol’s Personal Finance Research Centre (PFRC) and GambleAware, will run over three years with its first six months focused on the effectiveness of spending controls such as gambling blocks.While some of the gambling blocks can be turned on and off instantly by account holders, others cannot be turned back on for 24 or 48 hours.At HSBC, for example, there is a 24-hour cooling off period. “We worked with GamCare to define what that solution looks like and we identified that a 24-hour cooling off period was a good period to give the customer time to think and consider whether gambling is right for them,” says Pritchard. “That was definitely suggested as something that would be useful to our customers so that they are not in that hot state where they might feel compelled to gamble.”Mark Knighton, who has been involved in many responsible gaming initiatives including Svenska Spel’s early efforts to market Playscan, has previously expressed concerns about the effectiveness of gambling blocking software, but says he believes bank blocks could be far more successful than computer software because they could prevent problems from a “root level”. However, he adds: “But what is the process is if they want to turn it back on again? It may be an issue if it’s easy to do so.”Though it would be easy to assume gambling operators themselves might be in favour of blocks that are easily reversed, or in fact, averse to the idea of blocks at all as they present barriers to consumers using their products, Pengelly says that has not been her experience thus far. “To my knowledge I don’t think there has been any pushback that I’ve heard of from operators.”Similarly, Iannarone says: “We don’t want to make money from people who clearly experiencing gambling-related harm. Tools, such as banking blocks, are one of several important ways to help educate and protect at-risk and vulnerable consumers.” She says that the industry is, in fact, very keen to become involved in collaborative efforts to reduce gambling-related harm.“There is an authentic commitment to make gambling safer and reduce gambling-related harm and cross-sector collaboration can be a key enabler to make this happen.“There is no one silver bullet to solve the challenge, you need collaboration across a diverse range of organisations, with complementary skills, capabilities and resources, working together to drive positive change.” Regions: UK & Ireland AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Payments 14th January 2020 | By contenteditor Topics: Legal & compliance People Tech & innovation Legal & compliance Blocking tactics: Banks join the RG revolution Subscribe to the iGaming newsletter Email Addresslast_img read more

Erwin Dickman, ALT at ICE 2020

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Tags: Online Gambling Topics: Tech & innovation 6th March 2020 | By Josephine Watson Regions: Asiacenter_img Tech & innovation Subscribe to the iGaming newsletter Erwin Dickman, ALT at ICE 2020 At ICE 2020, we caught up with Erwin Dickman, marketing manager at Asia Live Tech (ALT), to discuss the company’s evolution since ICE 2019 and their expectations for ICE Asia 2020.As the Diamond Sponsor for ICE Asia 2020, Dickman expressed his excitement for the show and what it represents in the rapidly evolving market. last_img read more

Stadtcasino Baden generates CHF7.6m from igaming in 2019

first_img Switzerland’s Stadtcasino Baden Group, operator of Grand Casino Baden and co-owner of Casino Davos, has revealed that it generated revenue of CHF7.6m (£6.3m/€7.2m/$7.8m) through the launch of online gaming in 2019. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter 7th May 2020 | By contenteditor Topics: Casino & games Finance Stadtcasino Baden generates CHF7.6m from igaming in 2019 Switzerland’s Stadtcasino Baden Group, operator of Grand Casino Baden and co-owner of Casino Davos, has revealed that it generated revenue of CHF7.6m (£6.3m/€7.2m/$7.8m) through the launch of online gaming in 2019.The operator, which was the first to launch igaming in the country when Jackpots.ch went live in July last year, saw total revenue grow 16.2% year-on-year to CHF75.3m for the year.This came predominantly from the land-based properties, with Grand Casino Baden contributing CHF65.6m to the full-year total. Casino Davos, which it co-owns with Belgium’s Ardent Group and the Davos Tourism Organisation, added revenue of CHF2.1m, up 14.6%.Visitor numbers were up 3.7% for the Baden property, and 2.9% for Casino Davos.Having been launched first in the market, and from July, Jackpots.ch revenue for 2019 amounted to CHF6.3m. Casino Davos’ igaming brand, Casino777.ch, which launched in September last year, added a further CHF1.3m.Jackpots.ch is powered by Gamanza, the igaming platform provider in which the operator holds a 50% stake, while Casino777 uses a platform provided by Ardent Group’s B2B subsidiary Gaming1.The operator contributed CHF36.3m of revenue to Switzerland’s national pension fund Alters- und Hinterlassenenversicherung (AHV), while start-up costs related to igaming resulted in its profit for 2019 declining to CHF3.6m, compared to CHF7.3m in the prior year.As a result of Switzerland’s casinos being closed in March this year, as a result of novel coronavirus (Covid-19), the igaming operations are currently the only sources of revenue for the operator.However, Stadtcasino Baden Group chief executive Detlef Brose said that strong performance in previous years put the business in a position to withstand the impact of the crisis. He said that while employees had been moved to short-term working, layoffs were not currently being considered, and all staff were still being paid in full.The operator has already provided hygiene masks to two old peoples’ homes, as well as providing use of a parking garage to staff of a rehabilitation centre free of charge. It has also made a donation of CFH5,000, as well as food, to the cantonal hospital in Aargau, where Baden is based, and is supporting sports clubs through sponsorship agreements.The operator is also supported by the igaming revenue, which Brose admitted was still relatively small considering the market had only recently gone live, and was still attracting players away from unlicensed sites.“In the past few months we have expanded our range of games considerably, which has also had a positive impact on sales,” he said. “In this way, we can at least partially compensate for the lack of revenue from our traditional business.”Furthermore, he added, its 50% stake in Gamanza would provide additional revenue as it signs up new clients, with negotiations underway with a number of potential partners.However, Brose admitted that it was unclear how quickly the land-based business would recover once the venues were allowed to reopen.“We had two excellent months at the beginning of the year and want to build on them after the crisis, as well as continuing to develop positively in online gaming,” he said.mage: CasinoDavos.ch Tags: Mobile Online Gambling Casino & games Regions: Europe Central and Eastern Europe Switzerland Email Addresslast_img read more

IGT and Svenska Spel roll out cashless gaming service in Sweden

first_img IGT and Svenska Spel roll out cashless gaming service in Sweden AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter International Game Technology (IGT) has announced the launch of its cashless gaming technology at Svenska Spel venues across Sweden. International Game Technology (IGT) has announced the launch of its cashless gaming technology at Svenska Spel venues across Sweden.Under the arrangement, IGT will combine its Intelligen systems with IGTPay technology, enabling consumers playing on video lottery terminals (VLTs) to deposit funds from their mobile device.  Svenska Spel recently rolled out IGT’s Intelligen VLT software and Quasar VLTs, with players able to register for and log into the machines, as well as fund their play using Swedish banking and identification solution BankID.Players can also make withdrawals via IGTPay, with Svenska Spel able to return any available funds directly back to the player’s bank account instantaneously after a withdrawal request is made.“Launching IGT’s cashless product provides our players with a reliable, cutting-edge cashless solution that connects directly with the Swish mobile app, helping us drive efficiencies while responsibly advancing the player experience,” Svenska Spel’s director of VLT operations Magnus Lannersund said.IGT has provided VLT technology and related services to Svenska Spel since 2006Ryan Reddy, vice president, systems and payments products at IGT, added: “As the relevance of cashless and contactless gaming innovations continues to grow, technologies such as IGT Intelligen with IGTPay become critical components of the player experience, and solutions that can bring tremendous value to our global customers.“We have established a dedicated payments team to ensure that customers such as Svenska Spel are equipped with IGT solutions and services that deliver modern payment options that align with consumer expectations and future business opportunities.” Subscribe to the iGaming newsletter Topics: Casino & games Tech & innovation Slots Tags: Payments Slot Machines 21st May 2020 | By contenteditor Regions: Europe Nordics Sweden Casino & games Email Addresslast_img read more

SkyCity raises NZ$180m through share placement

first_img SkyCity raises NZ$180m through share placement New Zealand-based casino operator SkyCity Entertainment Group has generated NZ$180m (£93.3m/€103.2m/US$115.8m) through a share placement, as part of a NZ230m equity raising. Casino & games 18th June 2020 | By contenteditor Regions: Oceania New Zealand New Zealand-based casino operator SkyCity Entertainment Group has generated NZ$180m (£93.3m/€103.2m/US$115.8m) through a share placement, as part of a NZ230m equity raising. The offering, which was fully subscribed, saw SkyCity place 72m new fully paid ordinary shares at a price of $2.50 each. SkyCity said that the share placing drew strong support from existing institutional shareholders and also attracted “significant” bids from other investors. Settlement of the placement is due to take place on 23 June for the Australian Securities Exchange (ASX) and the following day for New Zealand’s Exchange (NZX). SkyCity did not disclose how it would use proceeds from the placing, but did say the placement was in addition to a fully underwritten NZ$50m share purchase plan announced earlier this week, with the overall equity raising worth NZ$230m. Meanwhile, SkyCity has given notice of its intention to redeem all of its series 2015 bonds on 28 September this year. SkyCity said that, in agreement with the New Zealand Guardian Trust Company, the redemption price will be set at NZ$1.0280 per bond, calculated based on the weighted average trading prices of the bonds on the NZX over the 10 business days up to 17 June. This redemption payment will be paid to registered holders of the bonds on 28 September. SkyCity also noted that bondholders will still receive the next quarterly interest payment due on 28 June, as well as the September 2020 quarterly interest payment at the same time of the redemption payment. The double announcement comes after SkyCity last week announced that it was to return to normal operations at most of its casinos in New Zealand after the country’s government downgraded its novel coronavirus (Covid-19) alert to its lowest level. Earlier this month, SkyCity had said trading since the reopening of its casinos had been “encouraging”, but also warned layoffs would be necessary as the business restructures to focus on servicing a domestic customer base, with reduced international tourism.center_img Topics: Casino & games Finance Strategy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more

Kaizen names William Hill’s Hernando as new CCO

first_img5th February 2021 | By Robert Fletcher Sazka-owned OPAP has a 36.75% stake in Kaizen’s business, and in November acquired a further 15.48% stake in Stoiximan Group’s Greek and Cypriot operations from Kaizen, bringing its stake in this part of the business to 84.48%. The appointment comes after Kaizen last month also named Claus Jansson as its new head of affiliate marketing and media buying. Kaizen said the appointment forms part of its strategic plan to add international experience to its management, to support expansion plans for its Betano brand. Topics: People People moves Hernando will join Greece-based Kaizen from William Hill, where he had most recently been serving as chief marketing officer and managing director of the operator’s international business. Tags: Kaizen Gaming CCO Julio Iglesias Hernando Regions: Greece Email Address Kaizen names William Hill’s Hernando as new CCOcenter_img Kaizen chief executive George Daskalakis added: “I am confident Julio’s experience, talent and drive along with his positive character and team spirit will contribute to our ongoing effort to establish ourselves as one of the leading companies in the industry on an international level.” In the role, which also covered the Mr Green segment, Hernando was responsible for the 12 markets outside the US and the UK where William Hill operates. People Subscribe to the iGaming newsletter Betano operates in Brazil, Portugal, Germany, Romania, Greece and Cyprus. Kaizen Gaming has announced the appointment of Julio Iglesias Hernando, previously of William Hill, as its new chief commercial officer. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “I’m looking forward to contributing to our ongoing success in positioning Kaizen as a leading player in our operating markets, and in leveraging the international opportunities and challenges that will no doubt arise, in our pursuit to continue growing aggressively our foothold in the international GameTech arena,” Hernando said.last_img read more