Slots specialist Quickspin invites players to build their own fortune in an action-packed robot thriller. Set on the outskirts of a sprawling exotic metropolis, players join a disparate gang of techy teens as they build tomorrow’s robots on the outskirts of a sprawling exotic metropolis. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Topics: Casino & games Slots Casino & games 29th August 2018 | By Aaron Noy Big Bot Crew by Quickspin Slots specialist Quickspin invites players to build their own fortune in an action-packed robot thriller. Set on the outskirts of a sprawling exotic metropolis, players join a disparate gang of techy teens as they build tomorrow’s robots on the outskirts of a sprawling exotic metropolis.With fast-moving, high impact graphics, this 4×5 reel 40 playlines video slot features unique Robotto respins, free spins and one of its most volatile-ever theoretical RTPs of 96.51%, making this Quickspin’s most action-packed offering to date.The Theoretical RTP is 96,51% but the game also has one of the highest volatilities in our portfolio.You can try the demo for this game here! Email Address
Revenue for first 15 days of legal sports betting generates $183,238.77 in tax, while DFS market sees revenue grow 11.7% in November 19th December 2018 | By contenteditor Pennsylvania has revealed that the Hollywood Casino’s William Hill-powered sportsbook offering generated $508,996.60 (£402,296.60/€446,417.05) of revenue for its first two weeks after launch.The sum was generated over the first 15 days of legal sports betting in the state, ending November 30, according to the Pennsylvania Gaming Control Board (PGCB). This included two ten-hour test days on November 15 and 16, before the Penn National Gaming-owned venue (pictured) was given the green light for the full roll-out.Sports betting handle reached $1.4m over the reporting period, which suggests customers won $905,589.95, for a particularly high hold of 36%. This will decline as more venues roll out legal wagering.From the $508,996.60 in revenue, the state generated $183,238.77 in tax. This comprised $173,058.84 from the 34% state tax on gross revenue, and $10,179.93 from the local share assessment, which sees 2% of gross revenue go to the local authority in which the casino is located.December’s figures will include contributions from Pittsburgh’s Rivers Casino and the Philadelphia-based SugarHouse Casino. Each venue officially launched sports betting on December 15, following a two-day testing period on December 13 and 14.The PGCB also reported an 11.7% month-on-month increase in revenue from state’s regulated daily fantasy sports market. Total revenue grew to $3.2m, largely due to the improved performance of the vertical’s leading brands, DraftKings and FanDuel.DraftKings saw revenue grow 13.2% from October to $1.7m, while FanDuel reported a 13.6% increase to $1.4m. Together the market-leaders accounted for 97.8% of total fantasy sports revenue generated in November.DRAFT came in third, with revenue of $46,570.08 representing a 27.3% month-on-month increase, after October’s third-placed Sportshub Technologies saw revenue plummet from $41,571.73 to just $1,297.20. This decline helped Yahoo Fantasy Sports climb to fourth place in the market, despite seeing revenue decline 6.0%.For the month, seven of the state’s nine licensed daily fantasy sports operators paid total taxes of $486,174.15. Two of the nine, Full Time Fantasy Sports and Fantasy Football Players Championship, were inactive over the month. Topics: Finance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Penn generates $500,000 in first fortnight of legal betting Finance Email Address
Email Address Tags: Online Gambling Scientific Games has announced the launch of OpenGaming, which packages its content aggregation technology, player account management system and in-game features into a single solution.The supplier believes that by combining its range of gaming assets in the OpenGaming wrapper, it will be able to help clients deliver more immersive experiences for players. It incorporates the Open Gaming System, acquired through its deal for NYX Gaming Group, which offers more than 2,500 games from in-house and third-party studios, all of which can be launched with features such as jackpots, free-play functionality, tournaments and peer-to-peer play. This is complemented by the OpenPlatform (OPS) solution, which includes player management technology, to offer what Scientific Games believes provides everything an operator requires to run a successful igaming offering.“Our vision is to change the way people think about player experiences through interaction-rich platform features seamlessly stitched into ground-breaking games,” SG Digital group chief executive Jordan Levin explained.“OpenGaming takes our passion for great games and builds in layers of multi-studio features to drive a new revolution for our industry,” he said. “It kicks open the door to the future of interactive gaming in our industry.”Dylan Slaney, senior vice president of gaming for SG Digital, added: “”When we talk to players, they tell us we’re competing for their time alongside other aggregation platforms in the media, mobile, and console gaming worlds.“With the launch of OpenGaming, which now includes our award-winning OGS content aggregation platform, our OPS player account management system, and our unparalleled library of world-class multi-studio content, our teams and partners have risen to the industry’s challenge and created a breakthrough entertainment ecosystem.” SG debuts “end-to-end digital ecosystem” OpenGaming Tech & innovation AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 10th October 2019 | By contenteditor Topics: Tech & innovation Subscribe to the iGaming newsletter Scientific Games has announced the launch of OpenGaming, which packages its content aggregation technology, player account management system and in-game features into a single solution.
Regions: Europe Central and Eastern Europe Germany AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 8th January 2020 | By contenteditor Tags: Mobile Online Gambling Germany’s state lottery association the Deutscher Lotto- und Totoblock (DLTB) has reported a marginal decline in amounts wagered on lotteries for 2019.Customers wagered €7.3bn (£6.2bn/$8.1bn) across Germany’s 16 state lotteries, representing a 1.2% year-on-year decline in stakes.However Jürgen Hafner, managing director of Lotto Rheinland-Pfalz and current chair of the DLTB, said he was “very satisfied” with the result, suggesting that fluctuations in the Eurojackpot prizes on offer were to blame for the dip.The Eurojackpot draw, which in 2018 saw sales increase 61%, suffered from a lack of large prize pots, resulting in a 14.4% decline in customer stakes. However Hafner said that this was to be expected after the prior year’s “extraordinary” growth.In 2019, the Lotto 6aus49 game proved most popular with players. It alone accounted for almost half – €3.5bn – of all stakes, which Hafner described as a “good starting point” for a planned revamp of the product in 2020.In autumn the game will be tweaked to offer more high jackpots, to be financed by an increase in ticket prices to €1.20 per line.There was evidence that state lotteries were growing their online presence, with €651m-worth of tickets purchased online, an 11.6% year-on-year increase.Hafner noted that state lotteries paid over €2.9bn in taxes and fees in 2019 – equal to around €8m per day, he added. DLTB funds are used for a range of social causes, such as welfare, sports and cultural initiatives, the preservation of monuments and environmental protection.“These are funds that good causes in our country would have to do without if the state lottery companies did not exist,” he said.Looking to the future, Hafner said that the current lottery monopoly was “a model for the future” that lawmakers currently working on developing new federal regulations should follow.“Our responsible gaming safeguards perfectly satisfy the requirements of addiction prevention and player protection,” he said. “We are confident that an amendment to the 2021 State Treaty on Gaming will be based on this [model] with the agreement of all parties.”While lawmakers committed to overhauling gambling regulations last year, there have been no public updates on progress towards a new model. This is due to come into force from 30 June, 2021, with the third amended State Treaty – allowing a restricted version of sports betting, taxed on turnover – implemented from January 2020 as a placeholder.He added that lottery betting, an ongoing target for the DLTB, must remain prohibited under any future incarnation of the State Treaty. Lottery betting operators are guilty of “product piracy”, Hafner claimed, adding that they pay virtually no taxes and do not support good causes in the country. Lottery Germany’s state lottery association the Deutscher Lotto- und Totoblock (DLTB) has reported a marginal decline in amounts wagered on lotteries for 2019. DLTB reports decline in German lottery stakes in 2019 Topics: Lottery Subscribe to the iGaming newsletter Email Address
Brazilian tennis player Joao Olavo Soares de Souza has been handed a lifetime ban from the sport by the Tennis Integrity Unit (TIU) after he was convicted of multiple match-fixing and associated corruption offences. Brazilian tennis player Joao Olavo Soares de Souza has been handed a lifetime ban from the sport by the Tennis Integrity Unit (TIU) after he was convicted of multiple match-fixing and associated corruption offences.The TIU, the sport’s anti-corruption body, also issued Souza with a $200,000 (£153,057/€181,319) fine after an investigation founded that he breached the Tennis Anti-Corruption Program (TACP) numerous times between 2015 and 2019.Breaches included repeated incidents of match-fixing at ATP Challenger and ITF Futures events held in Brazil, Mexico, the US and Czech Republic.Aside from match-fixing, Souza was also found to have failed to report corruption approaches, failed to fully co-operate with the TIU, including destroying evidence and also solicited other players to not use best efforts.Specific breaches of the TACP included Section D.1.d., which states that no player shall attempt to manipulate the outcome of an event, as well as Section D.1.e., which covers a player failing to use their best efforts in any event.Other TACP breaches included Section D.1.f., which relates to a player accepting money, benefit or consideration with the intention of negatively influencing their efforts in an event.The TIU also cited TACP Section D.2.a.i., whereby a player is required to report any attempted corruption approaches to the body as soon as possible.In addition, Souza was found to have breached Section F.2.b., which says players must co-operate with TIU investigations, including giving evidence at hearings. Players are not permitted to tamper with, damage, disable, destroy or otherwise evidence or information related to corruption offences, nor ask any other person to manipulate such evidence.Independent anti-corruption hearing officer Prof. Richard McLaren issued the ban and fine after hearing the case at a session on 14 January. The ban came into effect on 24 January, with Souza no longer able to compete in or attend any event organised or recognised by a tennis governing body.The 31-year old was ranked 742 in ATP singles, having reached a career-high of 69 reached in April 2015. As a doubles player, Souza reached his career-high ranking of 70 in January 2013.Las March, Souza was provisionally suspended from professional tennis, pending completion of the TIU investigation and case against him.In response to the ruling, the International Betting Integrity Association (IBIA), the integrity monitoring body formerly known as ESSA, said it welcomed the decision and praised the work of the TIU.“The IBIA welcomes the decision to impose a lifetime ban and $200,000 fine on Joao Olavo Soares de Souza after a conviction on match-fixing charges,” an IBIA spokesperson said.“IBIA and its members will continue to work closely with the TIU and the association is confident that the measures being taken by the sport aligned with the detailed customer-based data provided by IBIA members will continue to enable the identification and punishment of betting related corruption in tennis.”The ruling comes after the TIU last week revealed it received 138 reports over suspicious match activity in 2019, the lowest annual amount since its integrity data was first made public in 2015.The total for the 12 months to 31 December 2019 was also 47.7% less than the 264 alerts that were raised in 2018. Subscribe to the iGaming newsletter 27th January 2020 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tennis pro Souza hit with lifetime ban for match-fixing Topics: Legal & compliance Sports betting Legal & compliance Email Address
AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Southern Europe Malta 28th May 2020 | By contenteditor The Malta Gaming Authority (MGA) has revealed that it anticipates B2C gross gaming revenue for 2020 to fall 12% below initial forecasts as a result of disruption caused by novel coronavirus (Covid-19).The regulator conducted a survey of its online licensees in April this year to assess the impact of the pandemic, covering the effects of the crisis on revenue, operating costs and investments. Licensees were also polled on key industry concerns, and mitigating actions taken by operators.With sporting events around the world suspended as a result of Covid-19, and only now beginning to resume, the B2C sector is naturally expected to be the worst hit, in particularly Type 2 games, which include sports betting.Revenue for Type 2 licensees is now expected to fall 40% below the MGA’s initial 2020 projections. Games covered by Type 1 licences, such as table games, lotteries, and virtual sports, are said to have seen a rise in revenue, but not at a rate that offsets the Type 2 decline.Based on responses from B2B licence holders, revenue is expected to fall 20% below projections. Furthermore, as many as 38% of those surveyed have opted to postpone planned investments, due to the uncertainty caused by the pandemic.Those active in both B2C and B2B fields are also predicting a 20% decline in revenue for the year, with around 66% of these businesses postponing investment plans. MGA forecasts 12% drop in gaming revenue for 2020 Topics: Finance Strategy Finance Subscribe to the iGaming newsletter The Malta Gaming Authority (MGA) has revealed that it anticipates B2C gross gaming revenue for 2020 to fall 12% below initial forecasts as a result of disruption caused by novel coronavirus (Covid-19). Tags: Mobile Online Gambling Email Address
Email Address Topics: Finance Sports betting Subscribe to the iGaming newsletter Tags: OTB and Betting Shops Finance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The British Horserace Betting Levy Board (HBLB) has agreed to provide an additional £3.2m in immediate and short-term funding to help the racing industry navigate the novel coronavirus (Covid-19) crisis.The funding includes £1.46m of one-off costs to meet regulatory standards and guidance to safely host events, and is capped at £75,000 per racecourse, with 34 of the 40 courses requesting these funds receiving the full assistance.In addition, the board has provided £1.5m for personal protective equipment (PPE) for staff to use on race days. The HBLB said it will communicate the procedure for claiming this funding to the British Horseracing Authority (BHA) later this week.Finally, the board has issued an additional £259,000 in funds for divided races: races run twice due to a large number of entrants.“The Board has acted once again in an agile way to consider and agree new proposals from the racing industry and we are pleased to be able to offer another £3.2m of support, now, when it is needed,” HBLB chairman Paul Darling said. “We will consider further requests at our next formal Board meeting in September.“As always, these will be judged against the context of HBLB reserves and cashflow and how we optimise our support for the sport and industry.”On Monday (10 August), the HBLB said it would open applications for loans, intended to be used as emergency support to the racing industry, from 1 September.Individual racecourses can apply for working capital loans for worth up to £200,000, while the maximum loan size for racecourse groups will be £1m.These loans form part of a £22m relief package announced by the HBLB and Racing Foundation in April. Regions: UK & Ireland 12th August 2020 | By Daniel O’Boyle HBLB offers funding to help racetracks cope with Covid-19 The British Horserace Betting Levy Board (HBLB) has agreed to provide an additional £3.2m in immediate and short-term funding to help the racing industry navigate the novel coronavirus (Covid-19) crisis.
AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Colorado Sports betting 26th October 2020 | By Daniel O’Boyle Topics: Sports betting Online sports betting Retail sports betting Sportsbook CO September betting revenue declines despite record handle Email Address Of the $4.2m in gross gaming revenue, the vast majority – $3.8m – again came from online, but revenue from this channel was down 48.3%. Retail revenue, on the other hand, increased by 65.8% to $403,000. Read more on iGB North America. Subscribe to the iGaming newsletter Colorado sportsbooks took in revenue of $4.2m in September, down 44.6% month-on-month, even as betting handle continued to shoot up beyond $200m, as low margins hit operators in the Centennial State. Parlay bets brought in revenue the vast majority of revenue, at $3.9m, a 47.3% increase, as players staked $28.2m, up 24.3%. The drop in revenue was due to a drop in margin to just 2.0% compared to 5.9% in August, as stakes grew 61.4% to $207.7m, exceeding the record set last month. Of this total, $203.9m came from retail bets, up 60.9%, while the remaining$3.8m came from retail, up 90.1%.
“In light of these concerns, EGBA urges members of the German parliament to reconsider the proposed tax measure when it is debated in the Bundestag in the coming weeks,” EGBA said. While Germany’s fourth state treaty on gambling – which allows online casino – has been approved by all 16 states and will come into force on 1 July, tax rates have not yet been finalised. The country’s Federal Council (Bundesrat) has sent a proposal to the legislature (Bundestag) for final approval, which is expected to be granted. EGBA claims “punitive” German turnover tax violates European law Under this proposal, online slots and poker would be taxed at 5.3% of turnover, a rate that EGBA described as “punitive”. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “The proposed tax measure is punitive and would, in Bavaria for example, result in online poker and slots being taxed at rates four to five times higher than their retail equivalent land-based casinos and 15 times higher than slots in land-based amusement arcades,” it said. “This would provide a substantial and unfair tax advantage to Germany’s land-based operators over their online counterparts. “We stand ready to share our experiences in other jurisdictions of the EU, and firmly believe that a tax level can be established which strikes the right balance between meeting the needs of the German consumer while ensuring sufficient tax revenue for the state. Should the measure go ahead as proposed, we will have to consider all available options, including filing a state aid complaint with the European Commission.” The European Gaming and Betting Association (EGBA) has argued Germany’s proposed 5.3% turnover tax for online casino would not only push players to unlicensed operators, but is also in violation of EU law. “Players outside of the regulated market would be deprived of the protection of German consumer laws, rendering the proposed tax incompatible with the key objective of the country’s new online gambling regulation,” it said. In addition, it said, the tax rate would be in violation of European law, by offering an advantage to the land-based sector over the online one. 4th May 2021 | By Daniel O’Boyle Legal & compliance “EGBA believes that this would constitute an illegal state aid under EU law.” Topics: Casino & games Legal & compliance Casino regulation Online casino Poker Slots Legal Regulation Subscribe to the iGaming newsletter Email Address Under EU state aid rules, a member state cannot grant an advantage to “specific companies or industry sectors, or to companies located in specific regions” in a way that affects trade through interventions such as tax rates. There are, however, certain exemptions to this law, including exemptions that may be granted on a case-by-case basis. Currently, operators may offer online gambling in Germany through a transitional regime, whereby they must keep to the terms of the state treaty. These terms include restricting slots to a €1 stake limit per spin, with an average spin speed of five seconds. EGBA secretary general Maarten Haijer said the organisation would consider filing a complaint to the EU if the Bundesrat tax proposal is put in place. Regions: Europe Central and Eastern Europe Germany Tags: European Gaming and Betting Association Tax “We welcome the regulation of the German online gambling market, and we fully appreciate that an online gambling tax will need to be paid,” Haijer said. “However, we urge the German parliament to reconsider the proposed punitive rate of the tax because it will push German players to use unprotected and unregulated black-market websites and give land-based operators a massive tax advantage. The industry body argued that the tax would lead to a failure to meet the treaty’s key objective: bringing players into the regulated market. EGBA cited a recent report from Goldmedia on behalf of Entain, Flutter Entertainment and Novomatic subsidiary Greentube which said the tax rate could see 49% of players use unlicensed sites. While land-based tax rates can vary by state, Goldmedia estimated the difference in tax bills between the land-based and online sectors in Bavaria would come to €293.9m, with slot halls seeing the largest advantage at €178.1m.
By Kunal Dhyani – November 1, 2018 TAGSData Hacking FIFAFIFAGianni InfantinoUEFA SHARE Cricket FIFA braces for fresh revelations as data hacked yet again YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsored FootballSports BusinessNewsSport Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates, Follow Live update Facebook Twitter Euro 2020 Points table: Germany secure first win, Poland keep Euro hopes alive; Check Euro 2020 latest group standings Football RELATED ARTICLESMORE FROM AUTHOR WTC Final Day 2 Stumps: Brilliant Virat Kohli & Ajinkya Rahane saves the day for India as bad light stops play 33 overs early WTC Final LIVE Day 3: Weather forecast again not good, rain & bad-light all set to impact India vs New Zealand Day 3 Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Fifa is bracing itself for a fresh release of private information obtained by hackers. The World governing body for football has revealed that its computer network has been subject to another cyberattack.The nature of the information gained during the data breach in March is not yet clear, but the New York Times newspaper claims that a consortium of European media organisations could publish stories based on the internal documents as early astomorrow (Friday). Football Euro 2020- Spain vs Poland Highlights: Spain held to 1-1 draw as Lewandowski’s Poland keep Euro hopes alive Football La Liga: Barcelona sign Netherlands forward Memphis Depay from Lyon by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyAvoid Grammatical Errors with This Helpful Browser ExtensionGrammarly24/7 SportsIt’s Amazing To See How These NBA Stars Have Changed Since College24/7 SportsE! OnlineTLC’s So Freaking Cheap Takes Penny-Pinching to the ExtremeE! OnlineNews of the latest hack targeting FIFA follows shortly after the US Department of Justice and the FBI have confirmed that a group linked to Russia’s intelligence agency was responsible for a breach of Fifa’s data in 2017, which led to the publication of a list of football players who had failed drug tests. This attack is not thought to be linked to the one by Russia last year.Despite not revealing what information has been stolen, Fifa has criticised the leaks in a statement. “Fifa condemns any attempts to compromise the confidentiality, integrity and availability of data in any organisation using unlawful practices. Of course, we are concerned by the fact that some information has been obtained illegally.”Uefa has also been targeted by phishing attempts to gain log-in details to its email systems, but European soccer’s governing body has not been able to find evidence of a hack in its computer networks.Also Read: FIFA World Cup 2022: Infantino applauds Qatar’s infrastructure progressFifa president Gianni Infantino, who was previously general secretary at Uefa, has pleaded innocence responding the news agency Associated Press, and responded by pleading his innocence, iterating that he tries to do his work “in an appropriate way.”“The questions we received, we answered,” Infantino said, when quizzed about what information could be published. “My job entails having discussions, having conversations, exchanging documents, drafts, ideas, whatever, on many, many, many, many, topics. Otherwise you don’t go anywhere.“I mean, if I just have to stay in my room and not speak to anyone and cannot do anything, how can I do my job properly? So if then this is being portrayed as something bad, I think there’s not much I can do more than my job in an honest way, in a professional way and trying to defend the interests of football.”Fifa has been rocked in recent years by material including emails, messages and contracts being shared by Football Leaks, a whistleblowing website which has published internal information obtained from soccer’s governing body. The leaks have exposed secrets relating to issues such as transfer market regulations and tax evasion by players and coaches.Also Read: FIFA still open to expand 2022 World Cup: Gianni Infantino Football Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR Cricket Sport News Tokyo Olympics: IOA fuming as Japan imposes stricter regulations on India’s Olympic team, calls it ‘discriminatory and unfair’ Previous articleFarokh Engineer urges Imran Khan to restore India-Pakistan Test tiesNext articleMbappe replaces Bolt as Hublot brand ambassador in epic deal Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Share on Facebook Tweet on Twitter Football Euro 2020 Top Scorers: Ronaldo joins Patrik Schick at top, Lukaku remains second; Check who is leading the Euro 2020 Golden Boot race Football Football