Scotland: Bingos and Casinos Plan to Reopen on August 24 – GamblingNews.com

Scottish First Minister Nicola Sturgeon announced plans for the reopening of bingos and casinos on August 24. On the same day, the government plans to allow betting shops to switch their gaming machines back on. BGC CEO Michael Dugher pleased with the announcement.

Earlier this week, on Thursday, July 30, Nicola Sturgeon, First Minister in Scotland announced that bingos and casinos may reopen on August 24. According to Sturgeon, this is not a firm date as the government may decide to change plans in the event of COVID-19 spikes in Scotland. However, if the country continues to suppress the virus, casinos and bingo halls will be allowed to reopen their doors on August 24. All those venues will have to implement strict health and safety measures for safe post-COVID-19 operations.

With that in mind, Scotland is currently at phase three out of the four-phased plan for easing of COVID-19 restrictions. Similar to England, Scotland introduced those restrictions in an effort to flatten the curve of spread of the respiratory disease COVID-19. In light of this, back in mid-March, all gambling venues in the UK were ordered to shut their doors.

Given that no spikes of positive COVID-19 cases are observed in the upcoming weeks, some 800 employees of the countrys 11 casinos will be able to return back to work. Besides the reopening of those venues, the betting shops in Scotland will be allowed to turn on their gaming machines on August 24 as well.

Back in the beginning of July, the BGC criticized the Scottish Government because of the additional restrictions applied to betting shops. The Council said that such restrictions can prove to be harmful for the industry. Furthermore, BGC CEO Michael Dugher deemed the measures as draconian and urged for the removal, before its too late.

Now, in light of the recent announcement, Dugher said: We are delighted that casinos and bingo halls in Scotland have finally been given a date to re-open. The BGC CEO continued by outlining that the venues have committed to ensuring the safety of employees and visitors. In addition, Dugher said that it is good news that the Scottish Government has seen the efforts of the casino industry. He did not miss to say that the BGC is pleased with the Scottish Governments decision to switch on the gaming machines in the betting shops. In conclusion, Dugher said that it is great that the gaming machines will be back from August 24.

Elsewhere in the UK, the planned casino reopening from today in England, 1 was delayed with 2 weeks. Yesterday, Prime Minister Boris Johnson announced that the easing of restrictions in the country will be delayed for at least two weeks. Besides casinos, this delay also affects ice rinks and bowling halls.

Commenting on the subject, Dugher called the move fiasco which represents the heavy hit on the casino industry. He outlined that the casino industry employs 14,000 people and also supports additional 4,000 jobs in the UK. Dugher added that operators have been preparing for the reopening which resulted in millions of pounds spent.

Read the original:

Scotland: Bingos and Casinos Plan to Reopen on August 24 - GamblingNews.com

Sports Gambling Is Officially Back After Seeing This Absurd MLB Bet Turn Into Thousands Of Bucks For A Lucky Person – BroBible

One incredible aspect of MLB games finally being back? The sports gambling.

Now, dont get me wrong, I love being able to crack open a few cold ones and plop down on my couch to watch a bunch of the action, but, for those of us who like to spice shit up a little bit more than the casual fan, betting on games is the way to go. After all, how else can you make a Reds-Cubs game interesting if you dont give a damn about either team? Oh, right, put a little money on it.

Ive mentioned before about how pitiful I am at sports gambling, but, hey, that doesnt mean its going to stop me from at least trying to win big money in the future on some wild bets. And, just because I havent gotten lucky doesnt mean I cant applaud those who know what in the hell theyre doing to cash out even if I do find myself more than just a little envious.

So the fact that one lucky person just cashed out $20,000 on a $1,000 bet doesnt make me pissed at all. No, really, Im fine. Taking home an extra $19,000 for doing nothing but guessing right is totally cool with me and the bet itself was pretty fucking insane.

According to B/R Betting, the lucky person parlayed four games together Cardinals-Twins, Brewers-Pirates, Mets-Red Sox and Cubs-Reds and went with one pretty common theory early in a baseball season: That pitching dominates hitting, and that neither game would see a first inning run scored. Ballsy, right? Well, it clearly paid off for the lucky son of a bitch, with the person netting a total of $22,467.75.

Winning that kind of money has to feel really nice given the uncertain times going on right now. Hopefully the person didnt just use the winnings to dump back into other bets but with this kind of luck, maybe he/she was trying to ride that momentum and pull in even more cash. I mean, damn, if this person can turn $1,000 into more than $22,000, imagine what they could win if they go bold again with a similar bet?

For those looking to scratch that sports gambling itch that weve all had for the past few months, head on over to my preferred site, BetMGM, which is available for those in Colorado, New Jersey, Indiana or West Virginia; but you can register and deposit cash from anywhere. Good luck; go make me jealous AF.

(H/T Total Pro Sports)

Go here to read the rest:

Sports Gambling Is Officially Back After Seeing This Absurd MLB Bet Turn Into Thousands Of Bucks For A Lucky Person - BroBible

Local men arrested in connection with illegal gambling ring – OrilliaMatters

More than 30 people have been arrested and more than $24-million worth of assets have been seized by OPP

NEWS RELEASEONTARIO PROVINCIAL POLICE*************************Ontario Provincial Police (OPP) and its investigative partners have laid more charges and charged additional persons after warrants were executed at a number of Ontario locations.

In December 2019, Project HOBART saw 18 police agencies and enforcement organizations combine to end an illegal gaming enterprise operated by and linked to members of known criminal organizations, including three members and one prospect member of the Hells Angels.

At the time,28people were charged with228offences and police seized or restrained$12-millionworth of residential properties, luxury and vintage automobiles and motorcycles, off-road vehicles, cash, gold and silver bars and jewellery.

On July 29, 2020, police and the Canada Revenue Agency (CRA)executed four (4) search warrants in London, Oakville, Toronto and Pickering and other judicial warrants at eight (8) locations in London, Toronto, Welland and Thornbury resulting in the seizure and/or restraint of$24-millionworth of assets including:

As a result of this ongoing investigation, four (4) additional persons are charged with offences contrary to theCriminal Codeincluding commission of offences for a criminal organization, bookmaking, proceeds of crime, money laundering and tax evasion.

Three (3) other persons are charged with money laundering and proceeds of cCrime. In addition to his previous charges, Hells Angels member Robert Barletta was re-arrested and charged with money laundering and fraud (related to tax evasion) against the Government of Canada.

His tax evasion charges were also amended to reflect a greater taxable benefit.One person is additionally charged with two counts of Possession for the Purpose of Trafficking/Selling contrary to theControlled Drugs and Substance Actand theCannabis Act.All eight (8) accused are expected to answer charges at the Ontario Court of Justice in Brampton on Sept.17, 2020.

Two local men were among those charged.

Michael Curtis, 37, of Collingwood was charged with laundering proceeds of crime, possession of property obtained by crime over $5,000. He wasreleased and will make his first court appearance Sept. 17, 2020

Douglas Adams, 58, of Thornbury was also charged with laundering proceeds of crime, possession of property obtained by crime over $5,000. He wasreleased and will make his first court appearance Sept. 17, 2020

The broader investigation and active takedowns have involved members of OPP Criminal Investigation Branch, Organized Crime Enforcement Bureau (OCEB), Biker Enforcement Unit (BEU), the Provincial Asset Forfeiture Unit, the RCMP, London Police Service, Niagara Regional Police, Halton Regional Police Service, Canada Revenue Agency, Peel Regional Police, Toronto Police Service, York Regional Police, Waterloo Regional Police Service, Hamilton Police Service, Durham Regional Police Service, Sault Ste. Marie Police, Barrie Police Service, Canada Border Services Agency, Stratford Police Service, Woodstock Police Service, the Sret du Qubec and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

QUOTE "Police and our partner agencies are again demonstrating that we are relentless in our pursuit of criminal organizations and their leaders, their associates and their criminal lifestyle, ensuring the safety of our communities." - Chief Superintendent Kari DART, Commander, OPP Investigation and Support Bureau.

*************************

The rest is here:

Local men arrested in connection with illegal gambling ring - OrilliaMatters

Supporters Of Expanded Gambling Turn In Signatures For 2020 Crowded Ballot Full Of Hotly Contested Issues – CBS Denver

DENVER (CBS4) Colorado could see more types of casino games and higher bet limits. Supporters of a measure that would allow gaming towns to raise the stakes and legalize new games turned in signatures this week. Right now, if casinos in Colorado want to raise the limit on how much people can bet, the whole state has to approve it.

Under the ballot measure, only Black Hawk, Central City and Cripple Creek would have a say.

The economies of the three communities have been hit hard by COVID-19. Residents like Michelle Joyce believe the ballot measure could be a lifeline, Were the ones who voted gaming in in the first place. Were the ones who live and die by it.

Colorado is one of only two states to limit bets. The cap here is $100. In addition to raising the stakes, the initiative would also allow those who live in the three mountain towns to legalize new games.

Steve Boulter who says he helped bring gaming to Cripple Creek 30 years ago says they will, I believe that the industry has been wonderful for the renovation of town and the creation of jobs and I think its a natural step in our growth process.

But Jeff Hunt, Director of Colorado Christian Universitys Centennial Institute, says its not right for someone to lose their house in a single bet, Casinos are going to make a lot more money off the backs of Colorado families suffering from addiction.

David Farahi, CEO of Monarch Casino and Resort, says he wants to stop gambling addicts too, We have a responsibility regardless of the bet limit to help identify people who are gambling irresponsibly.

Farahi says the measure is about keeping tax revenue in Colorado, By no stretch of the imagination are we thinking that everyone is going to stop going to Las Vegas. But if we can get some portion of those people to stay and play in Colorado, it benefits the whole state.

While signatures for the gambling measure need to be verified, several other controversial have already made the November ballot. Coloradans will decide whether to require proof of citizenship to vote, ban late term abortions, reintroduce grey wolves, elect the president based on the national popular vote, increase taxes on nicotine and tobacco products and change how property taxes are assessed.

Supporters of two other measures, to lower the income tax rate and require voter approval for fee increases, turned in petitions today. Signatures are due Monday.

One familiar issue that wont be on the 2020 ballot is oil and gas. Both sides agreed to a truce while new regulations are implemented.

Continue reading here:

Supporters Of Expanded Gambling Turn In Signatures For 2020 Crowded Ballot Full Of Hotly Contested Issues - CBS Denver

Can Crypto Technology Expand Interest in the Real Money Gambling Industry? – hackernoon.com

@ks.shilovKirill

Blockchain enthusiast developer and writer. My telegram: ksshilov

Gambling has always been a polarizing topic, and online gambling has only made opinions flare even stronger on both sides of the fence. One side fears that websites are not being entirely honest and could be cheating customers, while the other side believes that the convenience of online gambling may cause those who are borderline addicts to tip into a downward spiral of debt.

The beauty of this situation is that both sides (and many more) will find comfort in the techniques being implemented in the online gambling world thanks to blockchain technology. Through the utilization of decentralized, blockchain-based technology, the gambling industry will be able to transform into a fair, transparent, and safe environment for all.

From fancy casinos to spending a night with friends playing cards, onlineslot machines, and everything between, gambling finds its way into ourlives. Humans have been gambling for thousands of years and they show no signs of stopping anytime soon.

Yet even with this clear interest in gambling, there are still many people who find the entire practice despicable.

Gambling has a bad reputation, and youll often hear people say the house always wins. This statement is referring to two different ideas: the first being that the house always has the best odds of winning, and second, that anyone who gambles risks far more than the establishment they bet against.

Blockchain technology is very new and exciting. Although it feels like it could be a possible cure-all for the iGaming industry, will it be able to provide games with the same ease and entertainment that the current online websites do? There is a certain merit to using cryptocurrencies for an online gambling website, but after the initial awe wears off manyusers may want to revert to traditional gambling websites. But even in the event that this scenario comes to pass, there are still several reasons why the iGaming industry should work hard to keep itself decentralized:

Blockchain technology isnt magic, of course, and it cant automatically fix the iGaming industry. But what it can do instead is create a healthy ecosystem of decentralized nodes that support specific online gambling websites, prevent the need for sensitive customer information through the use of smart contracts, allow for greater profits since the house will more often have the same odds as the players, and make money through various means instead of strictly through players losing. This change in mentality throughout the industry has the potential to lead toseveral positive changes, particularly the change of total transparency; the rules, how much information is being collected (and for what), and exactly what the winning numbers/cards/slot chances are.

But are all of these changes positive? At first glance, there appears to bea few negative outcomes in regards to blockchain implementation, like forcing users to learn how to use cryptocurrency wallets and deal in cryptocurrency. The games themselves may be altered if they are run through smart contracts since the third party element will be removed, but even with the small shifts in the way the underlying architecture ofthe games function, the enjoyment will remain the same. Think of it more in the sense of playing cards with your friends instead of playing cards at a casino. In some cases the level of excitement and enjoyment may grow alongside larger jackpots, faster payouts, and an all around more transparent gambling experience.

Decentralized iGaming platforms will certainly be a great option for gamblers seeking to experience blockchain-based alternatives for a number of reasons. Gambling on a decentralized platform is far safer foruser data since customers dont have to send in their credit card information, personal address, or other sensitive data. Specifically, Luckchemy will also offer far larger percentages of jackpots than modernlotteries, and with everything being traced through smart contracts andblockchains, customers can rest assured knowing that they are being given fair odds in their gambling endeavors.

Blockchain enthusiast developer and writer. My telegram: ksshilov

Subscribe to get your daily round-up of top tech stories!

See original here:

Can Crypto Technology Expand Interest in the Real Money Gambling Industry? - hackernoon.com

Online Gambling Market Research Report by Game, by Device, by Payment Mode – Global Forecast to 2025 – Cumulative Impact of COVID-19 – GlobeNewswire

New York, July 29, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Online Gambling Market Research Report by Game, by Device, by Payment Mode - Global Forecast to 2025 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p05941472/?utm_source=GNW

The Global Online Gambling Market is expected to grow from USD 53,686.56 Million in 2019 to USD 95,023.13 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.98%.

Market Segmentation & Coverage:This research report categorizes the Online Gambling to forecast the revenues and analyze the trends in each of the following sub-markets:

"The Sports Betting is projected to witness the highest growth during the forecast period"

Based on Game, the Online Gambling Market studied across Bingo, Casino/Poker, Lottery, Social Gaming, and Sports Betting. The Sports Betting commanded the largest size in the Online Gambling Market in 2019, and it is expected to grow at the fastest CAGR during the forecast period.

"The Mobile is projected to witness the highest growth during the forecast period"

Based on Device, the Online Gambling Market studied across Desktop and Mobile. The Desktop commanded the largest size in the Online Gambling Market in 2019. On the other hand, the Mobile is expected to grow at the fastest CAGR during the forecast period.

"The Real Money is projected to witness the highest growth during the forecast period"

Based on Payment Mode, the Online Gambling Market studied across Real Money and Virtual Money. The Real Money commanded the largest size in the Online Gambling Market in 2019, and it is expected to grow at the fastest CAGR during the forecast period.

"The Asia-Pacific is projected to witness the highest growth during the forecast period"

Based on Geography, the Online Gambling Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded the largest size in the Online Gambling Market in 2019. On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.

Company Usability Profiles:The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Online Gambling Market including 888 Holdings PLC, Bet365 Group Ltd, BETSSON AB, Betway Group, Flutter Entertainment PLC, Fortuna Entertainment Group N.V, GVC Holdings PLC, Rhinoceros Operations Ltd, The Hong Kong Jockey Club, and The Stars Group Inc..

FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the Online Gambling Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Competitive Strategic Window:The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

Cumulative Impact of COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.

The report provides insights on the following pointers:1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments

The report answers questions such as:1. What is the market size and forecast of the Global Online Gambling Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global Online Gambling Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Online Gambling Market?4. What is the competitive strategic window for opportunities in the Global Online Gambling Market?5. What are the technology trends and regulatory frameworks in the Global Online Gambling Market?6. What are the modes and strategic moves considered suitable for entering the Global Online Gambling Market?Read the full report: https://www.reportlinker.com/p05941472/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

Read the rest here:

Online Gambling Market Research Report by Game, by Device, by Payment Mode - Global Forecast to 2025 - Cumulative Impact of COVID-19 - GlobeNewswire

Gambling industry announcement and partnership roundup – July 30, 2020 – CalvinAyre.com

In the fast moving world of gambling, sometimes you might miss news that could be important to you. To make sure youre all caught up on gaming industry news, be it online or brick and mortar, were rounding up the some of the announcements and partnerships from the last week that you might have missed.

Dont miss out on all of the latest announcements. Our Press Release section is updated constantly.

Smarkets introducesbetting exchange to Swedish market

Betting exchange Smarkets has launched in Sweden after receiving approval from the national regulator. The London-headquartered company operates one of the worlds leading peer-to-peer platforms for trading on sport, politics and current affairs, and it is now available to users in Sweden atsmarkets.com.

Smarkets will become the second licensed betting exchange in Sweden, where online gaming and betting operators reported revenues of SEK14bn (1.2bn) in 2019, according to figures from regulator Spelinspektionen and the Swedish Tax Agency.

As well as its U.K. base, Smarkets also has offices in Los Angeles and Malta, and is one of the industrys only operators to own its full technology stack.

Scientific Games Extends Virtual Sports Content Reach with Launch of Legends Horse Racing

Scientific Games Corporation(NASDAQ: SGMS) (Scientific Games or the Company)has addedLegends Racing Seriesfrom Quantum Leap Solutions (QLS), in partnership with Racecourse Media Group (RMG)to itsOpenMarketsports content offering.

OpenMarketaggregates leading sports content from multiple providers into one platform that digital sportsbook operators access through a single integration. From e-sports to virtual sports, the depth and range of content available onOpenMarketspeeds up the innovation path for customers in regulated markets.

Legends Racing brings together the flat-racing stars from the last 50 years into a single database of 9,000 top-class horses, plus jockeys such as Lester Piggott, Willie Carson and Pat Eddery.

Legends Racing is the first daily virtual product to use real horses, in-depth form, jockeys and silks, with commentary provided by renowned racing commentator Mike Cattermole.

Lightning Box to supply games to Ruby Seven Studios

Specialist slots provider Lightning Box has agreed a deal with Ruby Seven Studios to supply the North American social casino gaming company with a range of its top performing games.

The agreement will see two of the Australian providers most popular titles,Chicken FoxandSilver Lioness 4x, go live on the operators social casino network in Q3 2020, including TropWorld Casino, Lucky North Casino and Best Bet Casino.

The new deal further expands Lightning Boxs North American footprint having launched with Loto Qubec in late 2019, British Columbia Lottery Corporation (BCLC) earlier this year and along with the 19 games already live in the NJ online market.

Red Rake Gaming releases on Baumbet.ro

Premium casino content creator, Red Rake Gaming has partnered with Baumbet to distribute their high-end and innovative suite of top performing casino games. Baumbet is an established brand in Romania where the recent partnership will provide Baumbet the distribution of top performing Red Rake titles and progressive tournament tool.

A selection of the top performing games will be made available to the Romanian licensed operators which include its records breakingSuper12Stars the non-stop, action packed slot which combines feature games and bonus rounds from all its predecessors in the Super series of games, all of which are firm favorites in the region. Additional titles from the diverse portfolio includeMillion 7 giving players a million ways to win,The Asp of Cleopatra,Ryan OBryanandMysteries of Egypt, to mention but a few.

The collaboration with Baumbet falls in line with Red Rake Gamings strategy of regulated market expansion and increasing its reach through the extensive positioning of Baumbet platform in Romanian market.

FeedConstruct partners with Infinity Cup to stream Air Hockey

FeedConstruct has partnered with Infinity Cup to become the first provider of air hockey live video streaming and betting markets.

The proactive widely popular game is not only fun to play, but also exciting to watch. With this in mind, FeedConstruct live streams the matches in HD quality, providing a daily coverage of 30 player vs player games to accompany 10+ betting markets. The fast and commonly-known gameplay is easy to follow which leads to a high growth potential for betting on air hockey and an increased number of bettors.

Just like any other video product covered in collaboration with Infinity Cup, live streaming of air hockey, a fresh addition to FeedConstructs ever-growing list of in-house broadcasts, has a clear objective of attracting and retaining players on the websites of operators.

Relax Gaming to go live with BetConstruct

Relax Gaming,igaming aggregator and supplier of unique content, has teamed up with BetConstruct to launch a selection of its proprietary and third-party games.

Top performing titles from the suppliers in-house portfolio will soon be available to the platforms operator network, includingTemple Tumble,Money TrainandSnake Arena,providing its online casino partners with a diverse range of games with proven success in European markets.

Leading content from Relaxs wide network of third-party studio partners is also set to launch, with quality slots from high-grade brands such as ReelPlay, Kalamba Games and Fantasma available through its aggregation platform.

The deal with BetConstruct follows a vast number of agreements signed by Relax with global operators in recent months and further cements its footprint in regulated markets across Europe.

Salsa Technology adds its Video Bingos to Betomall games platform

Salsa Technology is proud to announce that it has agreed a deal with software developer Betomall to integrate its market-leading Video Bingos portfolio onto its games platform.

Betomall provides sports betting and gaming solutions for betting shops and online operators via its standout platform. The hugely successful software developer launched in 2009 and is based in Cyprus.

The deal will see Betomall customers gain access to numerous titles, including Halloween Groove Bingo, Pachinko 3D and the Latin American classic Jogo dos Bichos Praia. Salsa Technologys propritary titles will be joining an extensive range of prestigious live casino games and slots available through Betomall.

Swintt extends partnership streak with Singular deal

Swintt, recently highly commended at the EGR B2B Awards, have extended their long streak of new partnerships by partnering with Singular.

Through the agreement, Singulars iGaming platform clients will have full access to Swintts entire product suite, covering over 50 games including the recently-launched spectacular Sea Raiders.

Swintts exclusive selection of land-based classics popular in European markets including Germany will also be served to Singular clients, as well as the Swintt Lite series. Built lightly to save on expensive data costs in maturing markets, Swintt Lite games are optimised for many of the markets Singular clients focus on.

Singular has won numerous awards in recent years and serve their sportsbook and iGaming platforms to numerous leading operators in the online sector, as well as operators in the retail sector.

Salsa Technology and Atomo Gaming form partnership bond

Salsa Technology and Atomo Gaming have joined forces to form an exciting content exchange partnership.

Atomo Gaming,a joint venture between ESA Gaming and Italtronic, will now have access toSalsa Technologys outstanding library of Video Bingos.Candy Bingo,Super Zodiac BingoandFarm Bingoare just a few of the popular games included in the deal.

The partnership will also seeESAs EasySwipegames portfolio integrated onto Salsa Technologys Game Aggregation Platform (GAP) and made available to operator partners in Latin America and beyond.

ESA Gamings EasySwipe product is a lightweight HTML5 mobile-first game family that integrates seamlessly into sportsbooks, allowing users to easily swipe in and out to enjoy the best quality casino games without disrupting the sports betting experience. Games include traditionalRouletteandBlackjackas well as the popular fruit-themed slotFruit Staxx.

Read more from the original source:

Gambling industry announcement and partnership roundup - July 30, 2020 - CalvinAyre.com

Illegal Gambling on the Rise in Austria – European Gaming Industry News

Reading Time: 2 minutes

Gambling technology company Playtech has extended its reach in the Czech Republic after expanding its partnership with operator Fortuna CZ. The partnership expansion will see the operator launching end-user versions of Playtechs Native Casino app.

Playtechs native app is fully customisable, including the option to add extra sections and promotions to the home screen, and offers support for 24 languages and a wide range of regulatory environments, with more being added. The launch of the Fortuna-branded version of the app, available for both Android and iOS, expands the omni-channel solution developed by Playtech for Fortunas Czech business earlier this year.

The app significantly increases the number of Casino games available to Fortuna CZ players, including popular slots such as Buffalo Blitz, White King and Ways of the Phoenix, plus a range of roulette and blackjack games.

Weve worked in close collaboration with the Fortuna CZ team to deliver bespoke versions of our Native Casino app to a robust timescale, and are delighted to be supporting the expansion of the brands Casino games portfolio. Removing the hosting obstacles that can come with wrapper-based games creates a flexibility that will allow Fortuna to continue to build on its game selection and enhance player experience. We look forward to continuing our collaboration on the upcoming approved projects, Anton Golikov, Program Manager at Playtech, said.

Weve been delighted with both the fast progress on the Native casino app project and the end result, which, as well as tackling potential technical restraints, opens up a true native experience for our players. We look forward to continuing to build on an excellent working relationship with Playtech, David Vozbal, Group Head of Product Development at Fortuna, said.

Since introducing our omni-channel solution to Fortuna in its core Czech market earlier this year, our partnership has gone from strength to strength. Were very pleased to have the Native casino app in place so quickly to seamlessly deliver such a wide range of Casino games and look forward to building on our relationship with Fortuna as a key strategic partner in the region, James Frendo, Director of Casino at Playtech, said.

Related

See the original post:

Illegal Gambling on the Rise in Austria - European Gaming Industry News

PA Gaming Review: Live! Casino Betting Apps, More Gambling Stocks On the Way – Play Pennsylvania

Busy week in Pennsylvania gaming news, but much of it about behind the scenes financial plans and adding to the online casino and sports betting market.

Meanwhile, just as sports and sports wagering came back, the Phillies got benched due to positive virus tests for many visiting Marlins players.

Also in PA, one OTB site closed forever, a victim of the virus and changing gambling habits.

While the Cordish Companies Live! Casino brand is new to PA, the privately-held Maryland company is bullish on the Keystone State.

Newly-hired executive VP Joe Billhimer this week told PlayPennsylvania the company hopes to launch its online casino and sportsbook in mid-August. Thats well ahead of its virus-delayed brick and mortar projects, which include amini-casinoin suburbanPittsburgh and a full-sized casino in Philly.

Billhimer also reiterated the news PlayPennsylvaniabroke recently that Live! intends to bid for an available mini-casino license on Sept. 2, with bidding starting at $7.5 million. He declined to name the locations, which must be named as part of the bid.

The current mini-site under construction should open in the fall and the Philly site in early 2021.

The biggest action involving sportsbooks is behind-the-scenes financial scrambling as Golden Nugget, MGM, William Hill, and Rush Street prep to take their online operations public.

Their moves follow the course set by DraftKings earlier in the year. That stock has taken off.

Johnny Avello, director of operations atDraftKings, was jazzed about the return of sports wagering.

Futures betting looked strong. Fans were eager for baseball, which mostly began with three-game series.

And then it turned out the virus also came to the visitors dugout along with the Marlins on their trip to play the Phillies. Plans for the teams remain in limbo as testing continues.

Oaks Race & Sportsbook has closed up shop, a victim of the virus and also likely the advent of online wagering options. A customer service rep told PlayPA by phone that the closing is permanent.

And the South Philadelphia Race & Turf Club, a sister operation also run by Parx Casino just across the street from the coming Live! Philadelphia Casino remains shuttered, but without a word on its ultimate fate.

See the original post here:

PA Gaming Review: Live! Casino Betting Apps, More Gambling Stocks On the Way - Play Pennsylvania

I discovered my partner was a gambling addict, and stood by him – Metro.co.uk

Dannys last bet was two years ago.

But I still think about gambling addiction, and the anxieties and worries it digs up, every day and probably always will.

I think about how my fiancs addiction has cost me more than money but my story is not one of doom, and fortunately Danny (not his real name, by the way) is in recovery now.

I was nave about gambling when we met. Occasionally I would get lottery tickets and I bet on the Grand National a few times, but that was it.

On our second date, Danny told me that he had previously had problems with gambling; hed ended up getting into debt but had wiped it off through a debt relief order and didnt do it anymore. At the time I appreciated that openness and honesty, but in hindsight, I simply didnt comprehend what his admission meant.

Our relationship was on again, off again for a few months, but after throwing myself into my degree at university we got back together, and by February 2018, Danny suggested moving in with me. I was ecstatic.

Financially, nothing seemed out of the ordinary. Wed always kept our money separate, and knew how much the other earned. We agreed a budget and that wed keep the bills in my name with Danny transferring me his half.

His first payday came and went, and no money appeared in my account. It made me feel incredibly anxious, but I didnt pester him I didnt want to nag.

Gambling didnt enter my mind. I was very trusting and didnt think Danny would be able to go back to it without me noticing.

A week passed, and when I eventually reminded him about the bills, I was met with promises or excuses. Hed lost his bank card; he couldnt access his online banking; he was definitely going into the branch to do it tomorrow.

Then on the morning of 9 March 2018, I received a notification that our online food order had been cancelled due to lack of available funds.

I rang Danny who told me he was at the bank sorting it out. That was the last I heard from him.When he didnt come home that night, I called his mum, who admitted she had discovered he was gambling again and told him that day that if he wasnt honest with me, she would be.

It wasnt until the next morning that Danny rang me from a payphone he had sold his phone in desperation after losing all his money and failing to win it back.

His dad went to get him and brought him home. Danny couldnt look me in the eye. He kept saying sorry, and that he was too scared to face me and tell me the truth. He had spent the night walking around in the rain.

Over the next few days, it was like watching a jigsaw come together before my eyes. I finally realised why we hadnt gone on that holiday, where that particular sum of money went why we had kept splitting up.

Danny had been terrified of committing to a future with me as he knew he wouldnt be able to hide his addiction.He had only agreed to move in with me because his parents had started to become suspicious of his behaviour.

I felt stupid and ashamed as the realisation crept in that wed been living a complete lie. I began to question everything about our relationship, about Danny, and about myself. I felt scared, insignificant and angry at the position he had put me in.

I ranted at him, but I was cautious not to put too big of a burden on Danny. He felt bad enough as it was and guilt-tripping him wouldnt help.

More than that, I loved him and knew that he needed my help. I wanted to protect him and support him. I had no clue how, but I was willing to try anything.

To begin with, Danny opted to return to the Gamblers Anonymous meetings he had attended years before. Then he handed over all his bank cards to meand self-excluded from all the gambling sites he had been using GAMSTOP, which blanket bans users from all online operators. It gave us both peace of mind.

Together, we went through the credit reports for payday loans he had taken out and agreed repayment plans with each.

I was added as an authorised person to act on his behalf but I felt out of my depth. When your partner is an addict, it isnt something you can just talk to your friends about not many people understand.Instead, I sought advice on online forums, which was a mistake.

Almost unanimously, other users told me that I had to walk away from the relationship as Danny would never change.

But I refused to accept that Danny wouldnt stop gambling. I felt that with the right support and attitude he could stop, and I was stubborn. If we worked together and remained positive, we could give it a good go.

Shortly after everything came out, I went through his bank statement from the previous two years. That day was one of the hardest of my life.It wasnt the amounts he had lost that shocked me but how often he had been gambling.

Payday always involved big deposits and big losses. Then there were all the transfers I and others had made to him; I remembered Danny asking to borrow money for everyday things. He had deposited each one straight into an online betting account.

On one day alone, there were over 100 individual bets on really obscure sports, some for just a few pence each and most at unsociable hours. Danny must have waited until I wasnt around or was asleep.

In my darkest moments, I did wonder if there was any hope at all, or any way out of this hole.

People focus on the money, but it is the emotional and mental impact on all those around the gambling addict that is most debilitating. Neither I nor Dannys parents trusted him and unease crept back suddenly whenever problems arose, or questions were asked. Doubt and fear took over at the slightest opportunity.

After my own mental health nosedived, I realised that I had been suppressing grief and stress, bottling everything up as I tried to hold our lives together. I knew I needed support too, so I joined Gam Anon (the sister group to Gamblers Anonymous which supports friends and families of addicts) and had telephone counselling.I had to take time for myself, and will be forever grateful for the way Danny helped me through that.

Today, Danny has a host of blocks in place on his bank account and he is barred from looking at certain content on his phone.

Sometimes there is tension over what he spends money on and in those moments, I cant help thinking back to advice I saw on one of those forums: Count everything, make him provide proof of every last penny spent!Yet my experience is that you must cling to the positives if you want to move forward.

So many good things have come out of Danny coming clean about his addiction: weve stayed together, extended our family, got engaged and booked our wedding.

Weve done things together as a family that we never could have before because he never had any spare cash. We are in a much better financial position we have savings and luckily for us, Dannys debts were not huge so they will be fully paid off by spring 2021.

I have spent a huge amount of time trying to understand the addiction, and what Ive learned has helped me to see that it is beyond the persons control. Nothing makes a person a gambling addict.The impact it has on relationships can be catastrophic, and living in addiction recovery takes hard work, patience, strength and determination. But it is also so rewarding. Lives can change for the better.

Its taken work from us both, but mostly Danny, and Im so glad we persevered.We try to break our lives down into one day at a time we cant control the future, only work with what we have.

Gamblers Anonymous offers free, confidential support to anyone who is, or may be struggling with gambling addiction. Visit the website, email info@gamblersanonymous.org.uk or call the national helpline on 0330 094 0322.

Friends and families can get help from GamAnon. Visit gamanon.org.uk.

GAMSTOP provides gamblers the ability to self-exclude from relevant websites. Visit gamstop.co.uk for more information.

Do you have a story youd like to share? Get in touch by emailing platform@metro.co.uk

Share your views in the comments below.

MORE: I get turned on by giving women money but now Im 20k in debt

MORE: I didnt realise how expensive it is to be mentally ill until I was 5,000 in debt

MORE: How I Save: The marketing exec in Edinburgh paying off 350 of debt a month

More:

I discovered my partner was a gambling addict, and stood by him - Metro.co.uk

Gambling Commissions changes to UK society lotteries now in effect – Gambling Insider – In-depth Analysis for the Gaming Industry

The Gambling Commission has announced that changes to the rules and regulations regarding society and local authority lotteries have now come into effect in the UK.

The changes came into force on 29 July, which include increasing the size of society lotteries and greater transparency on spending, were announced in April following a consultation launched by the Gambling Commission last December, after a government review in July 2019.

In line with the governments recommended amendment to section 99 (3) of the Gambling Act 2005, the maximum amount of total winnings from an individual draw has risen from 4m ($5.19m) to 5m, with the maximum individual prize rising from 400,000 to 500,000. Additionally, the annual aggregate proceeds limit has increased to 50m, from 10m.

New requirements and guidance is now in place to provide transparent and clearer information to consumers on how much revenue is returned to the good causes, and which ones they are supporting.

Also, lotteries will now make clear how much is spent on prizes and how they are allocated, and the likelihood of winning a prize, to make the customer as informed as possible before participating.

The Gambling Commission licences more than 490 society lotteries, defined as important fundraising tools, which raised 332m for good causes in the 12 months to March 2019.

Read the original post:

Gambling Commissions changes to UK society lotteries now in effect - Gambling Insider - In-depth Analysis for the Gaming Industry

Ted Cheeseman lost hundreds of thousands through gambling addiction, but has now gone a year without a bet – talkSPORT.com

Coming into 2019, Ted Cheeseman reigned as British super-welterweight champion with an unblemished record of 15-0 at just 23 years of age.

Bermondseys Big Cheese was now set to be fast tracked as an improving prospect and so found himself thrust into a European title bout against Spains Sergio Garcia.

The fight took place on February 2 the night it all came crashing down for Cheeseman.

He was comprehensively outclassed by Garcia and beaten from pillar to post for 12 long rounds.

The Spaniard retained his title by unanimous decision.

As he returned to the dressing room, Cheeseman took trainer Tony Sims to one side in a private room and emotionally confessed to the secret vice in his life.

For the last five/six years Ive gambled heavy, he revealed publicly in a Matchroom Born Fighter interview four months later.

Ive gambled a lot of money, I dont know if it affected my performance because I was winning.

But it was always moneys coming, moneys going, moneys coming, moneys going.

I was betting silly money, hundreds of thousands.

I always had just enough, I was always getting by because it was always coming.

I had good sponsors, I was earning good money through fighting.

It was killing me at some points, but knowing that I had another fight coming up Id think, Thats my purse, Ill get through the camp so Im sorted.

Then in the end, it was like every fight was just a stake.

Mark Robinson/Matchroom

When I was selling tickets Im getting money, so thats a stake, Ill go and gamble that.

All you ever do is chase what you lose.

I wouldnt like to put a number on it but its in the high hundreds of thousands, maybe touching a million.

Ive had a lot of money over the last five years, but Ive come from nothing so when you get it, it becomes an addiction.

Mark Robinson/Matchroom

Reflecting on the defeat to Garcia, he explained: That fight was a blessing in disguise because, if I won it, I wouldve went and got massive money for my next fight.

I wouldve done the exact same thing again and by the time my career finished I wouldve ended up with nothing.

After that fight I spoke to Tony and theres another man in the gym called Bryn and they both got me help.

Ive been going to meetings and stuff and Ive been clean since then.

Mark Robinson/Matchroom

It has now been over a year since Cheeseman made a bet of any kind, however the rest of 2019 was still not smooth sailing for the youngster.

He returned to the ring in June, dropping back down to defend his British title against Kieron Conway.

Despite most believing hed done enough to win, the bout was scored a draw.

Then, in October, Cheeseman put his belt on the line against the highly rated Scott Fitzgerald, who was fresh off a huge win over Anthony Fowler.

Mark Robinson/Matchroom

The bout was close and divided opinion, but Fitzgerald got the nod with a tight unanimous decision.

Cheeseman fumed in the immediate aftermath and alleged corruption. Hed started the year 15-0, but ended it 15-2-1.

In hindsight, he reflected: 2019 was a great life experience for me, a great experience in boxing.

I learned a lot. As much as I didnt get the decisions I felt I should have, and took a big defeat, I learned a lot in that year.

Mark Robinson/Matchroom

I was fighting through niggles, fighting through stresses.

I didnt want to deal with none of that because the thing I was focused on was getting more money.

Because I was so desperate as a gambling addict to push on and have the stake to gamble, I was putting my body through strain and not letting myself get to how it shouldve been.

Getty

Now, Cheeseman seeking a fresh start as boxing returns for the remainder of 2020.

The coronavirus pandemic has prevented him from returning to action as quickly as hed have liked, but thrown up new opportunities in the meantime.

Sam Eggington has arisen as the opponent for the Big Cheese to headline Eddie Hearns first show back.

It will take place in the Matchroom HQ back garden with the series titled Fight Camp.

Mark Robinson/Matchroom

He concluded: Without this lockdown I dont think this fight would happen, but now the times right so the fights happened.

Were both in the same sort of direction, whoever wins pushes on into a good direction.

I just feel Im the younger, fresher and more talented fighter.

Ill be hungrier and more determined than Sam, Im all round better, so thats why I think Ill win.

Saturday night will show whether Cheeseman is finally ready to get back on track.

See more here:

Ted Cheeseman lost hundreds of thousands through gambling addiction, but has now gone a year without a bet - talkSPORT.com

Hot-and-cold golfers, try this gambling game to start scoring low – Golf.com

By: James Colgan July 24, 2020

Cut out the valleys and ride the peaks by playing in an eclectic format.

Getty Images

The psycho scorecard is a rite of passage in the world of golf no matter the visceral, occasionally exhausting level of frustration it causes players. The sight of rows of 2s and 3s alongside 6s and 7s (or worse, the dreaded snowman) is enough to raise the blood pressure of any sane golfer.

But worse than the outcome (which is typically a ballooning handicap) is the knowledge that accompanies the psycho scorecard. You know what youre doing at least some of the time youre on the course. But for whatever reason, you cant seem to put it together for longer than a few holes in a row.

I know all this because I am the holder of more than a few psycho scorecards in this season alone. I know the pain of going 3 under on the first four holes of the back nine only to record a 42 coming in, of starting the day bogey-bogey-double and realizing I need to go low to salvage my score.

Frankly, it stinks. Im tired of it. Which is why during my next round(s), Im trying out this weeks golf gambling format, the Eclectic Tournament.

An Eclectic Tournament is, essentially, a collection of your best scores from playing multiple rounds or multiple balls. This tournament is perfect for boom-or-bust players because, over the span of several rounds, your outlier scores should begin to vanish, while your lower scores remain.

An Eclectic Tournament is a perfect format to follow if (like me) youre someone who often falls victim to the psycho scorecard. You dont need to constantly score low, but if you want to be in contention, you have to ride your peaks while avoiding valleys on the same holes. For those whose golf game is feast or famine, its time to feast.

Link:

Hot-and-cold golfers, try this gambling game to start scoring low - Golf.com

PAGCOR in the red as first-half gambling action grinds to a halt – CalvinAyre.com

The first half of 2020 has not been kind to the gaming industry. COVID-19 has attempted to maintain control over gambling and, for the most part, has done a good job, unfortunately. Many gaming operators across the globe have suffered major losses and are looking for ways to stop the hemorrhaging before things get even worse. The Philippine Amusement and Gaming Corporation (PAGCOR), which governs the countrys casino industry and runs several venues of its own, hasnt been immune to the declines, either. It recently presented its results for the first half of the year, and the numbers arent good.

According to PAGCOR, it saw a net loss of almost $32.5 million across the first six months of 2020. Compared to a net gain of almost twice that for same period last year, the hit is huge. Total revenue from gaming operations dropped 49.5% from the first-half results last year, reaching just $374.88 million $743.46 million was seen a year ago.

Of the amount taken in, PAGCOR had to turn over $196.7 million on gaming taxes and other contributions, of which $177.48 million went to the Bureau of the Treasury. According to the laws governing PAGCORs operations, it must give up 50% of its gross take to the Philippine taxman. The entity has reportedly continued to be a good corporate citizen throughout the coronavirus ordeal.

Total expenses during the period dropped by 28.4%, according to PAGCOR, coming in at $230.24 million. This was made possible, in part, due to a cutback in outlay provided to several social responsibility programs and other types of donations it would have normally provided if it hadnt been for the massive losses brought about by COVID-19.

Regulatory fees collected from licensed casinos by PAGCOR during the period dropped, as well. During the first half of last year, PAGCOR received $277.91 million; however, the fees were cut to $138.24 million this year. The only positive movement seen centered on offshore operations, which fall under the Philippine Offshore Gaming Operators (POGO) scheme. The income collected from these entities increased from $54.3 million last year to $59.39 million this year.

That increase from the POGOs is certainly welcome, but PAGCOR cant be confident that the segment will be around for much longer. It is currently involved in a dispute with the Bureau of Internal Revenue (BIR) over the latters attempt to collect a 5% franchise tax on all POGOs, a fee the regulator says is invalid.

As grim as the first half of the year was, the second half isnt shaping up to be much better. The number of cases of the coronavirus in the Philippines hasnt diminished, with Metro Manila, where most casinos are found, seeing the bulk of the infections. That has forced the area to stay locked down on quarantine until at least tomorrow. After that, according to the Manila Bulletin, the quarantine could be extended into August.

Read more here:

PAGCOR in the red as first-half gambling action grinds to a halt - CalvinAyre.com

Global Casinos Market Report 2020-2027 – Migration from Cards to Crypto Currency Gambling Forecast to Drive Future Growth – PRNewswire

DUBLIN, July 29, 2020 /PRNewswire/ -- The "Casinos - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

While the pandemic and lockdowns have largely benefitted the gaming industry, the gambling sector has been less lucky faced with a tepid outlook and a mixed bag of opportunities and challenges. With 74.6% of revenues coming from the offline brick and motor sector, the closure of entertainment centers and casinos as part of the lockdowns imposed in 1st Q 2020 impacted revenues and profitability for companies. The global market for casinos is expected to decline by 10.8% in the year 2020. The abrupt halting of economic activity has pushed businesses across all industries into financial distress. Sudden fall in revenues and profits as a result of demand disruptions has resulted in workforce pruning and layoffs. Unemployment rates have hit never-before highs with the US topping the charts with 12.5% unemployed as a % of total labor force. Social outlook against this background remains grim with households expected witness erosion in wealth. Personal financial outlook, community, economy, job security confidence, purchasing and investment confidence are all tumbling as the human and economic cost of the global pandemic rises. While brick and motor casinos stagnate, online casinos are faring better although limited by lower discretionary spending. The increase in spending is coming largely from gaming addicts and from consumer clusters spending more on online retail and entertainment during the pandemic.

Even as casinos begin to reopen as lockdowns are cautiously eased in countries worldwide, they face the challenge of falling consumer confidence and spending and the still prostrate travel and tourism sector. In Las Vegas for instance which is the gambling Mecca of the world, millions of tourists and visitors make up for the large customer base at casinos. Gaming operators from Macau to Las Vegas are all anticipating a rough restart after gaming properties are allowed to reopen. In Macau, a few gaming properties have reopened but could not see desirable outcomes. In gambling destinations such as Parisian Macao, Venetian Macao, Sands Cotai Central, Wynn Palace, City of Dreams, Galaxy Macau, MGM Cotai, Grand Lisboa, MGC Macau, Star World and Wynn Macau, customer turnover still remains low. During pre-COVID-19 times, each of those casinos attracted around 200 thousand visitors every day. This extreme drop in visitor numbers is due to stringent border restrictions being followed since the month of March. Limited options for transportation and quarantine rules make it difficult for players to visit gambling destinations. With the global economy now in recession, recovery will be delayed further. Although online casinos are well suited for safe indulgence in gambling in the midst of a pandemic situation, this sector is still fledging and is plagued with legality issues. Online casinos are illegal in most parts of the United States and in countries where online casinos are legal confusion over legal boundaries of betting and gambling is a chief restraint to growth. Underdevelopment online funds transfer platforms also adds another layer of challenge to growth. In younger markets like the U.S. and Asian countries where digital prize money disbursement platforms are still underdeveloped, the challenge is bigger and more difficult to overcome. In Europe, the region with a well-developed online and offline gambling infrastructure, casino owners are innovating in digital payments by using digital wallet services to transfer funds to customers.

A return to complete normalcy will begin only after barriers to access gaming destinations are completely removed. The market is projected to reach US$159.3 billion by the year 2027, trailing a CAGR of 3.7%. Offline Casinos, one of the segments analyzed in the report, is projected to grow at a 3.4% CAGR to reach US$116.3 million by the end of the analysis period. Few of the factors expected to drive growth in the post pandemic period include migration from cards to crypto currency gambling; continued evolution of online casinos supported by rapid proliferation of mobile devices and growing penetration of smart phones and tablets; development of supplicated gambling apps; growing participation of women in casinos; resurgence in casino tourism; relaxation in gambling regulations and legalization of gambling in several nations given their contribution to national income and development of local tourism.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/s4m1m6

About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets Laura Wood, Senior Manager [emailprotected]

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

http://www.researchandmarkets.com

The rest is here:

Global Casinos Market Report 2020-2027 - Migration from Cards to Crypto Currency Gambling Forecast to Drive Future Growth - PRNewswire

Apple Smart Glasses and Gambling – Will It Be the Next Big Thing? – BestUSCasinos.org

You may have heard of Google Glass. This high-tech device launched in 2013 with the promise of bringing augmented reality through a pair of frames.

Google was hoping that their glasses would become the next smartphone. However, Google Glass has already flopped in the consumer market and is only sparsely used in the enterprise sector.

Apple isnt letting the past failures of Google stop them, though. They plan to roll out smart glasses within the next few years.

Youve seen what the smartphone has done for gambling. These handy phones enable you to enjoy casino games, poker, and sports betting anywhere.

Can Apple Glass also revolutionize online gambling? Ill discuss this matter by covering more on these glasses along with how they could change the industry.

Apple hasnt made an official announcement that theyre getting into the augmented reality market. However, rumors suggest that theyre currently developing Apple Glass (name not official) for the consumer market.

This device will allegedly be somewhat similar to Google Glass. However, it may not be a standalone piece of hardware like the latter.

Instead, these glasses could link up to your iPhone as an alternative screen. Youll still have your phone handy, but the information will travel to your eyes rather than you having to look down all the time.

Smart glasses will also delve into augmented reality (AR). The latter puts computerized graphics and pictures over the real-world environment.

If youve ever used Google Maps, you may have seen superimposed arrows on the street maps. AR provides these arrows to help you better navigate streets.

Now that you know the basics of these lenses, Im going to dive more into the details on how they work. Bloomberg reports that Apple Glass will feature a holographic display.

This device will give users the ability to see emails, texts, maps, videos, social media posts, and many other things. Depending upon how deep Apple gets into this product, they may even create a separate App Store for it.

The store would allow users to get gambling-related apps specifically for the glasses. This situation is similar to how separate stores also exist for the Apple Watch and Apple TV.

Two of the companys patents suggest that smart glasses will also come with prescription lenses. Those who have eyesight problems could correct their vision and enjoy modern technology at the same time.

As for the augmented reality, again, this device will likely need to connect to a smartphone. Otherwise, it may not have the hardware to show anything other than simple 2D graphics.

The battery life is a mystery at this point. However, Apple should make the battery last for at least three hours if theyre to keep up with the competing Microsoft HoloLens 2.

One area where Google Glass really fell short was with the look of the device. Apple reportedly hopes to remedy this problem by either featuring a Clark Kent-style pair of lenses or a simple plastic version.

This product could even feature a lidar scanner that will search surrounding environments and add 3D images. The lidar scanner will heavily play into the augmented reality aspect.

You may be perfectly fine with gambling through your phone. However, smart glasses could bring more to the table.

First off, they can add graphics to live dealer gaming. If youre used to playing live casino games, you know that theyre very close to traditional brick-and-mortar gambling.

However, these games dont overlay graphics on the table outside of the virtual chips. Smart glasses could add helpful graphics that help with beginners tutorials or just create more exciting gameplay.

For example, a live casino could show chips shooting from the bottom of the screen after you win a big hand. Or, the table could catch on fire if youre on a hot streak.

Of course, these graphics might come off as cheesy to those who just want a regular live gaming experience. The casino would no doubt need to provide an option to turn such features off.

Apple Glass could add the same type of graphics to virtual table games as well. If youre tired of a stiff virtual blackjack setting, for instance, the lenses AR technology could add exciting animations to the equation.

Finally, this device would allow you to gamble without having to hold a smartphone. Youd already be wearing the casino on your face. The only time youd need to use your hands is when pushing buttons on the side of the glasses.

Potential release dates for Apples smart glasses are all over the place. They range anywhere from late 2021 to 2023.

That said, you really wont have a good indication on when these lenses come out until Apple makes an announcement. But you can probably expect them within the next three years.

The smart glasses market figures to be quite competitive. Apple will need to release a product within the near future if they hope to keep up with Microsoft and other competitors.

You might be expecting to pay a massive price for this relatively new technology. After all, even some smartphones cost $700 or more.

In reality, though, Apples products probably wont cost that much. An early price prediction pegs these glasses at $499 when they launch.

This price may go up depending upon any special prescription you may need. Even then, though, youre probably looking at $700 or less.

Microsofts HoloLens 2, by comparison, is much more expensive. This device costs $3,500 at the time of this writing.

The cheaper predicted price of Apple Glass has everything to do with the iPhone connectivity. You wont need any additional hardware, such as an onboard computer, because the iPhone will handle the keypad and other functions.

Earlier, I mentioned how smartphones have revolutionized online gambling. You can now hold a casino, poker room, or sportsbook in your pocket.

I dont expect Apple smart glasses to have the same revolutionary affect. This is especially the case if they rely on the iPhone so much.

However, these lenses might enhance your experience in some ways. The augmented reality could take your virtual or live dealer gaming to another level.

If you just want to play casino games or poker, then you can easily do this through an online casino on a smartphone. But if you want extra enhancements and graphics, then youll find them through the glasses.

Apple Glass wont be your only option when it comes to gambling through lenses. Instead, plenty of other competition already exists or will soon exist.

Microsoft HoloLens 2 is currently the big competition right now. But its huge price tag and additional required hardware already causes some buyers to hesitate.

Google Glass is still alive in the market to some degree thanks to enterprise usage. Magic Leap 1 and Spectacles by Snap are also options.

Facebook is reportedly developing a pair of glasses as well. Amazon is currently beta testing their Echo Frames, which will come with Alexa voice service.

So far, no smart glasses brand has managed to thrill consumers. However, Apple Glass could potentially be the first device that propels this technology to more gamblers homes.

The real money online gambling world has never really gotten a chance to take advantage of AR glasses. After all, Google Glass failed to take off in the consumer market almost immediately.

However, Apple Glass brings more potential to the table. This device offers iPhone connectivity, AR tech, a reasonable price, and a nice look.

Smart glasses dont figure to completely change online gambling, but theyll certainly enhance certain aspects of it, such as live dealer gaming.

Unfortunately, we still need to wait 1-3 years for Apple Glass to be released. But the wait could be well worth it in terms of gambling and beyond.

Read more:

Apple Smart Glasses and Gambling - Will It Be the Next Big Thing? - BestUSCasinos.org

KSA Will Not Accept COVID-19 Gambling Ads – Inkedin

Kansspelautoriteit (KSA), the Netherlands gambling regulator, hasreleased a market notice claiming that COVID-19 gambling ads would not be accepted.

The KSA said it took 14 direct steps during national lockdown against unlicensed online operators advertising Corona-Free Gambling Messages.

KSA Chairman Ren Jansen said the regulatory agency would apply the heaviest penalties to delinquent operators, marking their unlawful marketing activities as completely objectionablebehaviour.

While the Dutch government prepares to open its initial licencing window on 1 January 2021, the KSA released its notice, screening online gambling incumbents seeking to enter the controlled Netherlands online gambling marketplace from 1 July 2021 according to the Remote Gambling Act laws.

Jansen reiterated the KSAs prior notice to the applicants that the operators past conduct and actions would be a key condition under which the governing body approves the operators.

The final approval of the Remote Gambling Act was transmitted to the European Commission (EU) in July, which would review the law in accordance with European-wide industry practises and fair market competition regulations.

The final act submitted to the EC included last-minute changes drafted by Dutch Legal Security Minister Sander Dekker, who put new restrictions on the use of historical databases and additional executive management obligations in the form of technical requirements related to the ignore of software and customer safety.

View post:

KSA Will Not Accept COVID-19 Gambling Ads - Inkedin

Illegal gambling on the rise in urban Austria – Gambling Insider – In-depth Analysis for the Gaming Industry

Austrias financial police, the Finanzpolizei, have reportedly confiscated over 660 gaming machines in 278 inspections carried out since January, raising concerns over illegal gaming activity, particularly in urban areas with more than half of the confiscated machines found in Vienna.

While illegal gambling has been significantly reduced in rural areas, police have noted a significant rise in large urban centres. The Finanzpolizei have issued more than 13 million in fines in Vienna alone, but has also seen a spike in illegal gambling activity in Linz, with recent raids confiscating 38 gaming machines in the region, including 20 from a restaurant that the police inspected seven times in as many weeks.

Austrias Finance Minister Gernot Blmel praised authorities on the reduction in illegal gambling in rural areas: I congratulate the colleagues from the financial police on these remarkable successes. Illegal gambling is now concentrated in the metropolitan areas and thanks to the excellent work of the financial police, it is no longer active across the country.

Blmel also called for the creation of an independent gambling regulator, a move that will see regulatory responsibility taken away from the treasury.

This intervention took place after the Austrian gambling trade association called for an end to Casinos Austrias monopoly following corruption allegations concerning its appointment of Peter Sidlo as shareholder Novomatic's CFO. Novomatic has since sold its business stake to Czech gaming giant Sazka Group.

Read more:

Illegal gambling on the rise in urban Austria - Gambling Insider - In-depth Analysis for the Gaming Industry

Spains Betting Fraud Commission Approves an Action Plan – GamblingNews.com

The National Commission to Combat the Manipulation of Sports Competitions and Betting Fraud in Spain has approved a national plan which sets out a series of measures to be implemented until the end of 2021 to effectively combat fraud and eradicate it from sport.

The national commission has been created by the Government in 2019 with the objective to develop action plans, recommendations or diagnoses to detect, prevent and combat illegal actions in the field of sports competitions and fraud in betting.

The body that features representatives from the Directorate General for the Regulation of Gambling (DGOJ), the National Police, the Civil Guard, the Higher Sports Council, as well as from the sports competitions and the betting sector in the country, has come up with an action plan built around the commissions four main pillars, analysis and diagnosis, disclosure and awareness, control and monitoring, and study of current operations and regulations.

The increasing relevance and constant evolution of the manipulation of sports competitions and betting fraud demonstrate the need to have an effective approach in the fight against this practice.

Regarding the area of analysis and diagnosis, the commissions plan focuses on the need to outline the dangers posed by corruption in sports and raise the general level of professional and public awareness. Manipulation of sports competitions and corruption-related fraud is one of the greatest threats to sport, undermining its essential values and pushing away fans and followers who rely on the fairness of the game.

In terms of disclosure and awareness, the fraud-combatting plan aims to improve awareness among all participants in sports, players, athletes, coaches and other staff, about the legal framework related to sports betting fraud, outlining the risks and threats posed.

The national commission aims to fulfill its control and monitoring function by improving the monitoring and follow-up activities that are currently in place, emphasizing the need for information sharing and collaboration between the authorities combatting fraud in sports betting.

With regards to the fourth main pillar of the commission, the study of current regulations and operations, the action plan its members approved seeks to take into account the effectiveness of the legal framework regarding any new developments, to be able to respond to changing approaches from those attempting betting fraud. Given the rate of change regarding technology advancements, the commission noted as key the need for constant reviews and updates of the regulation framework.

In July, the DGOJ reported the first quarter financial results from gambling, where sports betting contributed the most to the overall results, 110.6 million, 8.7% year-on-year growth, and 50.8% of the whole quarterly total. Fixed-odds betting attributed to a 13.1% growth, while live betting generated 61.3 million, 4% up year-on-year.

Go here to see the original:

Spains Betting Fraud Commission Approves an Action Plan - GamblingNews.com

Gambling on the stock market: are retail investors even playing to win? – The Conversation AU

The COVID-19 pandemic has led to a dramatic surge in mum and dad retail investors playing stock exchanges across the world.

In Australia, retail investors were net buyers of A$9 billion of Australian stocks between late February and mid-May, according to corporate advisory firm Vesparum Capital. In contrast, the professional institutional investors superannuation funds and the like were net sellers of A$11 billion of stock.

The amateurs are therefore likely responsible for most of the markets rebound since its March 23 low.

An Australian Securities and Investments Commission analysis of retail investor trading shows from February 24 (the day after the market peaked) to April 3, retail investors daily buying and selling of stocks was double that of the months before (A$3.3 billion to A$1.6 billion). More than 20% of that activity was from new or reactivated accounts.

The securities regulator has expressed concern this rush of amateurs into the stock market is a train wreck waiting to happen. Its report notes retail investors are, on average, not proficient at predicting short-term market movements.

While markets generally recover over the long run and tend to grow with economic fundamentals, short-term trading and poor market timing can be a major risk for investors in volatile markets. Therefore, retail investors should be wary of trying to play the market for short-term price movements by day trading.

There are several possible explanations for why people are taking a risk on the stock market.

Some might see this as an opportunity to get into the market at a low point, with a view to long-term gains. Others might be out of work and looking to day trade - buying and selling shares on short time frames as a source of income. Yet others may be taking the opportunity of working from home to watch the market through the day.

But another explanation is also worth considering. This is an alternative to gambling. So while its risky, its arguably no riskier than sports betting, casinos or poker machines.

Read more: Why stocks are soaring even as coronavirus cases surge, at least 20 million remain unemployed and the US sinks into recession

This theory (that this is gambling by another means) explains why the appetite for risk among retail investors has ballooned when the natural response to severe economic uncertainty would be to reduce trading.

The financial risk individuals are happy to tolerate known as financial risk tolerance is mostly determined by personality. A persons risk appetite is unlikely to change substantially over their life, even with changing economic conditions.

Most people, however, are adept at making different risk decisions with money allocated to different accounts. In behavioural finance this is known as mental accounting.

How they think about and use their different accounts isnt necessarily rational. For example, someone might be very prudent with money from their regular budget account while spending frivolously from a discretionary account.

So extreme risk-taking can occur when opportunities arise despite a person generally being risk-averse.

In the first three months of the year, pollster Roy Morgan estimates about half of all Australians gambled in some form.

Its figures indicated 8.4 million adults spent about A$625 million on lottery tickets, 2.4 million spent about A$2.2 billion on poker machines, and 2.1 million spent about A$1 billion on betting horses, sports etc.

Read more: With pokies shut down, coronavirus stress could drive more people to reckless online gambling

In Australia, the closure of pubs, clubs and casinos during periods of lockdown has severely curbed these forms of gambling. Between late March and late April, for example, the Alliance for Gambling Reform estimates gamblers saved more than $1 billion on poker machines. The cessation of many sporting events has also reduced betting opportunities.

Does this imply people see the financial markets as just another form of gambling? If so, is this necessarily a bad thing?

If a significant number of people are seriously looking to day trading as a way to make money in the short term, the securities regulators concerns are valid. There is a good chance most will lose money.

But if these new investors are driven by their interest in gambling, substituting financial markets for poker machines and sports betting, then surely most must be prepared for losses. Very few gamblers are consistent winners from betting on games of chance or sports.

Read more: There's another health crisis looming what happens when the pokies switch back on?

In this context there may not be so much to worry about albeit acknowledging a small percentage will be problem investors, losing more than they can afford.

Compared to the almost certain likelihood of losses on gambling, those rushing into the stock market might just find it more rewarding than casinos, sports betting or pokies.

Continue reading here:

Gambling on the stock market: are retail investors even playing to win? - The Conversation AU