UK’s RGSB rebrands as Advisory Board for Safer Gambling

first_img The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling.The ABSG will continue to provide independent advice to the Commission as the regulator works to implement its new national gambling strategy over the next three years, with the overall goal of reducing gambling harms in the UK.This will include working with the regulator on the various research, education and treatment programmes required to support its strategy and any associated funding requirements. The new National Strategy to Reduce Gambling Harms is due to launch on April 25.The name change coincides with the arrival of new chair Dr Anna van der Gaag, who takes over from Sir Christopher Kelly after six years in the role. Van der Gaag was announced as the body’s new chair in November of last year.“Our new name reflects the need for greater clarity about everyone’s roles in the delivery of the new strategy,” Van der Gaag said. “Gambling harms are rightly recognised as a public health issue and I welcome the Gambling Commission’s new strategy with its strong focus on both prevention and treatment.“As the ABSG, we will be bringing a renewed focus on the safety of consumers and prevention of harm, helping to ensure consumers are free from the consequences of gambling harms, that research priorities are high up the Commission’s agenda, and that we are listening and working closely with all our partners.”Gambling Commission chief executive Neil McArthur added: “We need to shift the focus from ‘responsible gambling’ to ‘safer gambling’. Responsible gambling suggests that the individual customer is principally in charge of keeping themselves safe.“By focusing on safer gambling we want to emphasise that there is a clear onus on gambling operators to protect their customers.”Earlier this week, ABSG said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.Since the strategy was published in April 2016, the RGSB said progress had been made in having gambling recognised as a public health issue, while work was being done to better understand and measure gambling-related harms. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: UK & Ireland The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling. Bingo Email Address Topics: Casino & games Legal & compliance Strategy Bingo Slots 2nd April 2019 | By contenteditor Subscribe to the iGaming newsletter Tags: Online Gambling OTB and Betting Shops Slot Machines UK’s RGSB rebrands as Advisory Board for Safer Gamblinglast_img read more

The Mariachi 5 by RTG Asia

first_img Mariachi 5 is a 5 Reel, 3 Row, 243 ways high volatility slot game with 1 free game feature, top award is 6000X. And when 3 piñatas appear, you may pick one of the 5 Mariachi musicians to get crazy combinations of free games and multipliers. The Mariachi 5 by RTG Asia Casino & games Subscribe to the iGaming newsletter 23rd April 2019 | By Aaron Noy Companies: RTG Asiacenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Mariachi 5 is a 5 Reel, 3 Row, 243 ways high volatility slot game with 1 free game feature, top award is 6000X. And when 3 piñatas appear, you may pick one of the 5 Mariachi musicians to get crazy combinations of free games and multipliers.You can download the First Look Games affilaite pack for this slot here! And play a demo here! Topics: Casino & games Slots Email Addresslast_img read more

Powerspin by Relax Gaming

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Powerspin is a 3×3 video slot with 5 fixed playlines. Filling all 9 positions with the same symbol awards the Bonus Wheel feature where multipliers and symbol upgrades can be won.  Email Address Topics: Casino & games Slots 9th July 2019 | By Aaron Noy Powerspin by Relax Gamingcenter_img Casino & games Powerspin is a 3×3 video slot with 5 fixed playlines.Filling all 9 positions with the same symbol awards the Bonus Wheel feature where multipliers and symbol upgrades can be won. The game also offers a re-spin feature that is awarded when two full columns are filled with the same symbol, locking those symbols in place for a better opportunity to access the Bonus Wheel feature and bigger wins.You can download the First Look Games affiliate pack for this game here! Subscribe to the iGaming newsletter Companies: Relax Gaminglast_img read more

Latvia gambling revenue reaches €154.5m in first half

first_img Latvia gambling revenue reaches €154.5m in first half Gambling revenue in the regulated Latvian market climbed 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in the first half of 2019, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) citing growth across all verticals.Revenue during the six months to June 30, 2019 was up from €134.6m, while the IAUI also noted a rise in income from gambling – climbing 15.2% from €99.9m to €111.5m.Gambling machines were by far the main source of income for licenced operators in Latvia, generating a collective €111.5m, which is up 11.5% on the same period last year.Income from interactive gambling increased 38.8% year-on-year from €18.2m to €25.4m as more consumers turned to online gaming.Online casino games were the most popular form of iGaming activity during the first half, with income up 40.1% to €18.1m. Online betting income was also up 35.3% to €7.1m, while card tournaments income jumped 65.9% to €193,482.Elsewhere, table games income increased 2.6% to €8.1m, while bingo income was up 37.0% to €123,000 in the first half.The IAUI also published an update on its effort to clamp down on illegal online gaming activities in the first half, during which it blocked 51 domain names and 87 IP addresses.Since August 1, 2014, a total of 1,166 domain names and 2,478 IP addresses have been blocked.The first and second quarters were similar in terms of performance by operators in Latvia, with revenue and income remaining relatively level throughout both periods.Total market revenue stood at €77.3m in the three months to June 30, compared to €77.2m in the first quarter, while income was level at €73.3m.Gambling machine income dipped slightly quarter-on-quarter from €56.1m to €55.4m, but online gambling income was up 4.9% from €12.3m to €13.0m. 5th August 2019 | By contenteditor Casino & games Tags: Card Rooms and Poker Online Gambling Slot Machines AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Baltics Latvia Subscribe to the iGaming newsletter Topics: Casino & games Finance Poker Slots Gambling revenue in the regulated Latvian market climbed 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in the first half of 2019, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) citing growth across all verticals. Email Addresslast_img read more

Lottery hardware sales decline hits AGTech H1 revenue

first_img AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period.Revenue for the six months to 30 June, 2019 fell to $47.7m, with revenue from lottery hardware sales down 46.5% to $19.1m.The supplier also reported an 11.9% drop in revenue from lottery distribution and ancillary services, to $7.9m, while games and entertainment revenue fell to $2.0m. This was offset by a 46.2% increase in lottery games and systems revenue to $18.8m, however.“In the first half of the year, we continued to capitalise on many core business opportunities in the lottery, games and entertainment sectors, providing innovative and high-quality products and services to the industry, and continue to establish the foundation for future growth opportunities,” AGTech chairman and chief executive John Sun said.This has seen AGTech roll out its network service platform for the Guangdong Sports Lottery Administration Centre (SLAC), and work on developing a marketing strategy for the Tianjin SLAC. It won six hardware tenders to supply lottery terminals to the Tianjin, Hainan, Guangxi, Guizhou, Anhui, Beijing SLACs, something it said demonstrated its “continued industry leading position and commitment in China’s lottery hardware market.”AGTech is investing in new technology, working with the China Welfare Lottery Issuance and Administration Centre on a project to use blockchain technology to power electronic lottery draws. A separate project, in which AGTech is providing research and development services to assess the scope for using augmented reality to promote sports lottery products and expand the appeal of draw-based games, is also underway.The first half saw AGTech move into the Indian market, through Paytm First Games, a joint venture with One97 Communications. In March it launched a dedicated cricket channel, with a fantasy cricket game following in May.“The group expects that Paytm First Games will continue to build its user base, paving the way to monetise this unique platform, thus capitalising on the significant potential of the fast growing mobile entertainment market in India,” AGTech noted.Despite the decline in revenue, AGTech saw its operating loss for the period reduced to $120.2m. While the business incurred an additional $10.5m in expenses related to property assets and other operating revenue declining to $2.8m, a drop in personnel costs (to $106.8m) and other operating expenses falling to $39.1m resulted in the improvement.However, the company swung to a loss for the period, largely as a result of much lower gains on the fair value changes of its Convertible Bonds. AGTech realised a gain of $8.7m from these changes, compared to $281.3m in the prior year.It also incurred a $2.3m expenses, related to the fair value change of contingent consideration payables, related to its 2014 acquisition of handheld lottery equipment developer Score Value. In the prior year it recorded a $25.7m gain in these fair value changes.While net finance income increased to $9.5m, AGTech also reported a $10.4m loss from investments, leaving a pre-tax loss of $114.5m. After income taxes of $1.6m were factored in, the net loss for the half stood at $116.1m, compared to a $157.3m profit for H1 2018.For the three months to 30 June, AGTech reported a 37.4% decline in revenue to $27.6m, though lower staff costs helped reduce the operating loss for the quarter to $67.7m. The business was once again hit by lower gains from fair value changes in convertible bonds and contingent considerations, however, which saw pre-tax losses rise to $44.7m.After income tax of $493,000 the net loss for the quarter was $45.2m, up from $13.4m in Q2 2018. 12th August 2019 | By contenteditor Subscribe to the iGaming newsletter CSR Topics: Finance Lottery Social responsibility Tech & innovation CSR AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period. Tags: Charitable Gaming Lottery hardware sales decline hits AGTech H1 revenue Regions: China Email Addresslast_img read more

NBA 2K League player banned for betting rule breach

first_imgCasino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Tags: Video Gaming 13th September 2019 | By contenteditor A player for the esports team owned by National Basketball Association (NBA) franchise Miami Heat has been disqualified from the NBA 2K League for violating its gambling rules.Basil “24K Dropoff” Rose, a power forward for Heat Check Gaming, was found to have violated league rules by providing inside information to an individual involved in betting on NBA 2K League games.However, the league added, the investigation into Rose found no evidence that the player attempted to fix or otherwise improperly participate in any NBA 2K League game.The NBA 2K League is a joint venture between the NBA and Take-Two Interactive, publisher of the popular basketball console simulation NBA 2K. It sees teams backed by real-world NBA franchises compete against one another over a 150-week season.Formed in 2017, its first season took place over 2018, with Rose’s team, Heat Check Gaming, coming second behind the New York Knicks-owned Knicks Gaming.Rose joined the Heat Check Team in April 2018, and had been retained for the 2019 season. The team is yet to comment on his disqualification, though Rose has pledged to address the situation on the live streaming platform Periscope, telling social media followers to “stay tuned”. Regions: US NBA 2K League player banned for betting rule breach A player for the esports team owned by National Basketball Association (NBA) franchise Miami Heat has been disqualified from the NBA 2K League for violating its gambling rules. Topics: Casino & games Esports Legal & compliance Sports betting Video gaming Email Addresslast_img read more

MoPlay declared insolvent and stops processing withdrawals

first_img Troubled sports betting operator Addison Global’s brand MoPlay, which had its licence suspended by regulators in both Gibraltar and Great Britain last week, has stopped paying out customer withdrawals and announced the business is insolvent.On 19 February, the Gibraltar Licensing Authority suspended Addison Global’s license as a result of the operator’s inability honour its outstanding debts. The next day, the British Gambling Commission did the same.Although customers were initially allowed to withdraw any funds held in their accounts, on 22 February, both versions of the operator’s site stopped processing withdrawals.“Due to financial difficulties, we are unable to process withdrawals,” a message on the MoPlay website said. “We draw your attention to clause 9 of our terms and conditions which refers to the status of funds in the event of insolvency.”Clause 9 of MoPlay’s terms and conditions stays, “funds will be held separate from company funds in a mixture of bank accounts and reserve funds which we hold with our payment processors. However, if there was ever a situation where we became insolvent, your funds would not be considered separate to the other company assets and you may not receive all your funds back.”The UK-licenced MoPlay site is currently offline.iGaming Business understands the operator owed significant sums to multiple affiliate partners, including a sum upwards of £500,000 (€597,000/$645,000) to one. This money has been owed since March 2019, according to sources close to the matter.In a statement provided to iGB after the suspension of its Gibraltar licence, the regulator suggested Addison Global had expected to receive greater financial backing than was actually the case.“It is most disappointing that the promised financial support from the shareholder has failed to materialise, as the firm has not received the financial support it was projected to receive when first licensed,” Gambling Commissioner Andrew Lyman said.Addison Global is also currently without a management team following mass resignations, iGaming Business understands. A source close to the situation informed iGaming Business that the entire executive team of the operator stepped down on 19 February), just before Gibraltar Gambling Commissioner Andrew Lyman’s decision was announced. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe UK & Ireland Southern Europe Gibraltar Topics: Finance Legal & compliance Sports betting Subscribe to the iGaming newsletter 24th February 2020 | By Daniel O’Boyle Tags: Online Gambling Finance MoPlay declared insolvent and stops processing withdrawals Troubled sports betting operator Addison Global’s brand MoPlay, which had its licence suspended by regulators in both Gibraltar and Great Britain last week, has stopped paying out customer withdrawals and announced the business is insolvent. Email Addresslast_img read more

Enlabs to launch new igaming brand in Latvia

first_img16th June 2020 | By contenteditor Regions: Europe Baltics Latvia Enlabs to launch new igaming brand in Latvia Email Address Latvian operator Enlabs has announced the launch of a new online gambling brand in the country in an effort to further bolster its presence in its home nation. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Tech & innovation Bingo Latvian operator Enlabs has announced the launch of a new online gambling brand in the country in an effort to further bolster its presence in its home nation.Laimz will run on Enlabs’ new proprietary gaming platform, offering customers a mobile-first casino and bingo product.Enlabs chief executive George Ustinov said Latvia is an important market for the operator, which currently accounts for the majoirty of the business’ revenue. Enlabs was also the first operator to secure an online gambling licence in Latvia.“This is our playground where we do field tests on new concepts, ideas and products,” Ustinov explained. “We thoroughly analysed the market and wanted to design a refreshing offering with a clear market fit.“The casino vertical represents more than 72% of the Latvian online gaming market, and show the highest growth among all the product verticals. We will also be the first operator to offer bingo to the market, and there are long time retail bingo traditions in Latvia.”Enlabs’ managing director of Central and Eastern Europe Dainis Niedra added: “We strongly believe we have several unique selling points with this brand, and that it will fit very well into our multi-brand strategy.”The launch comes after Enlabs last week resumed operations in Latvia after a temporary ban on gambling across all channels came to an end on 9 June.Both Enlabs’ online and land-based operations have resumed after the shutdown triggered by the novel coronavirus (Covid-19) pandemic. Tags: Online Gambling Subscribe to the iGaming newsletter Bingolast_img read more

Cyber.Bet joins ESIC as anti-corruption supporter

first_img Tags: Online Gambling Video Gaming Subscribe to the iGaming newsletter 17th June 2020 | By Conor Mulheir AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Esports-dedicated bookmaker Cyber.bet has joined the Esports Integrity Commission (ESIC), the body established to fight match-fixing in the sport, as an anti-corruption supporter. Casino & gamescenter_img Esports-dedicated bookmaker Cyber.bet has joined the Esports Integrity Commission (ESIC), the body established to fight match-fixing in the sport, as an anti-corruption supporter.Established in 2019, the bookmaker offers betting services in four languages, in addition to holding its own esports tournaments in Europe, Asia and Latin America.ESIC works with bookmakers, professional esports players and teams, corporations, governments, and anti-corruption supporters, in order to protect the integrity of professional esports and reduce the risk of match fixing and betting fraud.Cyber.bet today (17 June) becomes ESIC’s latest anti-corruption supporter from the gaming industry, joining esports-dedicated operators such as Unikrn, Rivalry and Esportsbetting.com, alongside more traditional bookmakers such as Betway and SkyBet.ESIC commissioner Ian Smith said: “It is an honour to welcome Cyber.bet as an anti-corruption supporter of ESIC. By joining, […] Cyber.bet has displayed its commitment to playing its part in maintaining the integrity of esports.”“Cyber.bet joins a long list of anti-corruption supporters who together make it easier for ESIC to investigate suspicious betting activity, assisting in our mission to fight cheating and betting fraud in the esports industry. We look forward to working with Cyber.bet to continue to protect the integrity of esports.”Cyber.bet described its ESIC membership as a step towards becoming “one of the most reliable and respectful esports bookmakers”.“For us, it is not only an honor but also a very important collaboration with such an experienced and reputable organisation,” the operator said. “Since we are not just a bookmaker but a part of big esports community and also tournament organizers, we are deeply interested in keeping our events and the esports industry clean from match fixing and other undesirable factors”. Cyber.Bet joins ESIC as anti-corruption supporter Topics: Casino & games Esports Sports betting Video gaming Email Addresslast_img read more

Rise of Egypt Deluxe by Playson

first_img Email Address Rise of Egypt Deluxe, the 3×5 title with 20 pay lines features Expanding Wild drawn as Bastet deity and pyramid Scatter. 3 or more Scatter symbols trigger 12 Free Spins, where the appearance of the Expanding Wild brings re-trigger and upgrades symbols with lower payout to higher payout. It is the first-ever game from Playson that has an option to additionally buy a game feature, in this case, Free Spins.You can play a demo of this slot here!You can download the First Look Games affiliate pack for this slot here! Subscribe to the iGaming newsletter Topics: Casino & games Slots Rise of Egypt Deluxe, the 3×5 title with 20 pay lines features Expanding Wild drawn as Bastet deity and pyramid Scatter. 3 or more Scatter symbols trigger 12 Free Spins, where the appearance of the Expanding Wild brings re-trigger and upgrades symbols with lower payout to higher payout. It is the first-ever game from Playson that has an option to additionally buy a game feature, in this case, Free Spins. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games 11th August 2020 | By Aaron Noy Rise of Egypt Deluxe by Playsonlast_img read more