Page 27«..1020..26272829..4050..»

Category Archives: Online Gambling

NJ Casino, Sports, Online Gambling Revenue Up 15% in May – NBC 10 Philadelphia

Posted: June 18, 2022 at 2:02 am

New Jerseys casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $430.6 million from gamblers in May, up 15% from a year earlier, figures released Thursday show.

And the casinos core business, revenue won from in-person gamblers, fell just short of the level of May 2019, before the coronavirus pandemic hit, an important metric for Atlantic Citys brick-and-mortar casino industry, whose revenue has been struggling to rebound from pre-pandemic levels.

The numbers do not include money the tracks won on horse races, which is reported separately to a different agency.

Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry, said the numbers show a continuing pattern of recovery for the resort's casinos in the third year of the coronavirus pandemic.

However, inflation may be beginning to impact in-person gaming revenues, she said. Brick-and-mortar gross gaming revenue totals for the month, expected to improve over last months $235.3 million, were effectively flat at $233 million, down less than 1%.

Bokunewicz said visitors are likely to still want to visit Atlantic City with its casinos, beaches and nightclubs and restaurants. But once they get here, they may have less money to spend, she said.

James Plousis, chairman of the New Jersey Casino Control Commission, said total revenue, including internet and sports betting, was the highest for the month of May in over a decade.

The volume of activity in Atlantic Citys casino hotels has been robust and, coupled with a maturing online gaming business, can be a powerful combination, he said.

In terms of money won from in-person gamblers, Borgata led the market in May at $63.3 million, up over 30% from a year earlier.

Hard Rock was next at $41.5 million, up nearly 19%; Ocean was third at $25.3 million, up nearly 3%, and Tropicana was fourth at $21.6 million, up 8.5%.

Harrah's won $21.2 million, down 1.6%; Caesars won $20.2 million, down 9.5%; Resorts won $14.1 million, down 8%; Golden Nugget won $12.7 million, down 3%; and Bally's won $12.6 million, up 2.6%.

Gamblers wagered $766.4 million on sports in May. Total sports betting revenue, after winning bets and other expenses were paid, was $61.5 million, up 16.4% from a year ago.

The casinos internet gambling operations won $136 million in May, up nearly 26%, although casino executives say that figure is misleading because about 70% of online winnings are kept by third-party partners.

Read this article:

NJ Casino, Sports, Online Gambling Revenue Up 15% in May - NBC 10 Philadelphia

Posted in Online Gambling | Comments Off on NJ Casino, Sports, Online Gambling Revenue Up 15% in May – NBC 10 Philadelphia

Peru’s Online Gambling Initiative Takes Another Step Forward – Casino.Org News

Posted: at 2:02 am

Posted on: June 17, 2022, 05:25h.

Last updated on: June 17, 2022, 03:17h.

In only a few short months, Peru has made significant progress with its online gambling initiative. It started in March and advanced again this week.

The legislative initiative that regulates online sports betting, which the Council of Ministers already unanimously approved, is now going to its fourth committee review. This follows a debate of approximately one hour in the Foreign Trade and Tourism Commission (CCETC, for its Spanish acronym).

The commission liked the idea of a 12% tax on the income of remote bookmakers. However, additional government entities calls for further review will influence what happens next.

Several parliamentarians said they should have other government entities opinions before signing off on the measure. They want to include the Ministry of Economy and Finance, the Chamber of Commerce of Lima, and other specialized entities. The project is already with the Economy, Banking, Finance, And Financial Intelligence Commission.

At the end of the debate, local media reported that CCETC President Germn Tacuri acknowledged and accepted the request for additional reviews. He added that they will provide valuable insight and ensure that the legislation is properly framed for approval.

Tacuri explained the breakdown of the 12% tax, which operators will pay on their net income. 40% will constitute income for the public treasury, 20% for the Peruvian Institute of Sport, and 40% for the Ministry of Foreign Trade and Tourism (Mincetur, for its Spanish Acronym).

Of the total resources it receives, Mincetur will use 25% to administrate the online gambling market. The remaining 75% is for the promotion and development of tourism.

The initiative also proposes that Mincetur be responsible for granting authorizations for using technological platforms in games, sports betting, and physical premises. This will require companies to register in the Single Registry of Taxpayers, which facilitates tax collection and government oversight.

Those companies must also have a legal representative in Peru. Lastly, the web domain of their platforms must have the ending .pe.

In 2020, remote sports betting generated PEN$4.5 billion (US$1.2 billion). This was the result of approximately 150,000 daily bets. However, because online gambling is still illegal in the country, Peru cannot collect any tax revenue from the activity, and all that capital heads outside its borders.

Mincetur believes that the government can raise as much as PEN$160 million (US$42 million) a year with this measure. The portfolio estimated that in 2022, bookmakers would move PEN$4 billion (US$1 billion).

Mincetur also recently pointed out that, in the last 16 years, the State collected around PEN$3.4 billion (US$912 million) through gambling. This is only what it received from casinos and slot machines.

Eduardo Sevilla, general director of Casino Games and Slot Machine of Mincetur, stressed that the industry was able to resist the COVID-19 pandemic and that it has been gradually reactivating. This also means more jobs are coming to the public.

Also, according to the statement, in 16 years, the provincial and district municipalities received more than PEN$2 billion (US$526 million). For its part, Mincetur collected more than PEN30 million (US$8 million) from the application of fines.

Currently, Peru has 17 casinos with 235 gaming tables. In addition, there are 713 gambling halls, 59 hotels and 145 restaurants, with a total of 70,844 slot machines.

Read this article:

Peru's Online Gambling Initiative Takes Another Step Forward - Casino.Org News

Posted in Online Gambling | Comments Off on Peru’s Online Gambling Initiative Takes Another Step Forward – Casino.Org News

Ontario Not the Online Gambling Leader It Expected to Be, New Survey Shows – Casino.Org News

Posted: at 2:02 am

Posted on: June 17, 2022, 08:57h.

Last updated on: June 17, 2022, 03:07h.

Canadas decision last year to open its betting and gambling markets proved to be a smart move. However, Ontario, which expected to be the market leader, is finding it has competition from other provinces.

Ontario was ready to jump in as soon as Canada began discussing the possibility of offering an expanded sports betting market. Its the largest province in Canada, with a population of almost 15 million, so it thought it would be the largest betting and gambling market.

Ontario waded into the online gambling and betting spaces in April. In contrast to most other provinces, which gave gambling control to their respective lottery operators, Ontario opened its market to private entities.

Ontario has over 20 gaming operators, and the province is doing well with its market. However, not as well as other parts of the country. According to a recent survey, the area known as Atlantic Canada is enjoying more traffic

Atlantic Canada consists of four provinces New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. Their combined population, around 2.5 million, is far less than that of Ontario.

Global research company Ipsos recently conducted a limited survey across Canada. It found that Atlantic Canada has the highest percentage of online gamblers and bettors out of all provinces.

The Atlantic Canada region has a penetration of 41%. Both Ontario and British Columbia follow with 33%. Quebec is next, with 26%, and Albert and Manitoba/Saskatchewan have 24% and 22%, respectively. Additionally, Atlantic Canada residents are more prone to sign up for online gambling and betting accounts.

The average there is 4.7. This is true in Ontario, where the province operates its OLG.ca betting platform. However, there is a much narrower margin.

In Ontario, private operators account for 25% of the registrations. OLG.ca has attracted 23%.

Despite the higher percentage of registrations in Atlantic Canada, the lottery-led model there and in other provinces isnt proving overly successful. 56% of bettors and gamblers across the country still prefer to use private operators. Only 44% wager through the provincial government sites.

Quebec is the exception. Its Lotoquebec.com operator controls 57% of the market.

The reason for the greater attraction to private operators stems from enticements. The Ipsos survey found that most people preferred the odds, payouts, and range of activities private operators offer. The government-led sites, however, came up short.

For example, 36% of the respondents said private operators offer the best odds and payouts. Only 12% felt the government sites prevailed in the category. Notably, 43% said both types of operators offered comparable deals.

From the beginning, single-game betting was offered in British Columbia, Ontario, and New Brunswick. In addition, Newfoundland and Labrador, Prince Edward Island also began offering the activity. Alberta, like Ontario, followed suit and provided a market for third-party operators to enter.

Similar to the Northwest Territories and Saskatchewan, Yukon, Nunavut legalized single-game betting at retail outlets in November. Nova Scotia was the last province to allow its residents to wager on sports.

See the rest here:

Ontario Not the Online Gambling Leader It Expected to Be, New Survey Shows - Casino.Org News

Posted in Online Gambling | Comments Off on Ontario Not the Online Gambling Leader It Expected to Be, New Survey Shows – Casino.Org News

Online Casinos And Why They Matter – Crypto Mode

Posted: at 2:02 am

Cryptocurrencies have made strong inroads in the online casino industry. Dozens, if not hundreds, of online gambling and betting platforms support bitcoin and similar assets for payments and withdrawals. It is a golden era for online casinos looking to explore additional revenue streams.

Society has always craved gambling to a certain degree. Throughout history, there have been tales of wagers, bets, odds, etc. Whether it is on the outcome of sporting events, gladiator fights, or predictions regarding harvests and crops, gambling and betting are part of human culture. The concept has seen various evolutions over the centuries, enabling broader access to gambling.

Since the inception of the internet, there has been a substantial increase in online gambling and betting. The rise of online casinos has brought compelling experiences to players in the comfort of their homes. Moreover, there is tremendous excitement in gambling online and online casinos, specifically although there are always some things people need to be aware of.

When people think of gambling at a casino, they see bright colors, a bustling audience, poker and blackjack tables, roulettes, etc. There is nothing like experiencing gambling at a physical casino, as the atmosphere is unlike anything else. Bringing that same feeling to the online space has been challenging, although technological advancements have made it possible to have an excellent time playing at the many online casinos.

Moreover, the variety of games to play at online casinos continues to grow year over year. These platforms offer a home to poker players, blackjack enthusiasts, dice bettors, etc. Online casinos offer something for everyone through a convenient and accessible format. More importantly, players can play when and how they want, using their favorite devices.

Signing up for an online casino is as straightforward as creating any other online account. However, it remains advised for users to research the platforms first. Like their real-world counterparts, online casinos need to be licensed and regulated. Therefore, checking out reviews can also prove worthwhile to better understand how other people experience these platforms and services.

Everyone can follow a few golden rules to determine whether a specific online casino is a good fit. Some concepts to consider include:

Most online casinos will check all the boxes above. Operators continue to adjust their approach to cater to existing and new players and enhance brand recognition. Additionally, these casino providers will pay strong attention to customer support and high-quality games to create a compelling gambling experience.

When browsing online casinos, it becomes apparent how varied the payment options are today. In the past, one would struggle to find a provider accepting credit and debit cards, yet it is the go-to deposit method today. Some platforms even allow for withdrawals to credit and debit cards, a feature many clients approve of.

Other prominent payment methods across top-tier online casinos include:

Keep in mind these deposit methods may be subject to a transaction fee. Additionally, a platform enabling instant deposits will often attract more customers, as no one enjoys waiting hours or days for the money to clear.

CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.Contact us if you have any questions: [emailprotected] None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.

Originally posted here:

Online Casinos And Why They Matter - Crypto Mode

Posted in Online Gambling | Comments Off on Online Casinos And Why They Matter – Crypto Mode

Ravelin report: 71 per cent of online gambling merchants affected by surging promotion abuse – The Paypers

Posted: at 2:02 am

Fraud detection and payments specialist company Ravelin has released its Digital Goods Merchant Report 2022, surveying 1,700 international fraud and payments professionals.

According to the report, almost three quarters (71%) of online gambling merchants suffered from an increased promotion abuse in 2021, leading to significant dent in revenues. As fraud risks are growing quickly, 62% of all types of online merchants have reported at least one type of fraud, while the number of new types of fraud attacks has also increased in the past 12 months.

When it comes to the online gambling industry, many platforms use incentives like discounts, promotions, sign-up bonuses, free money, or loyalty rewards for bets, to attract new clients and maintain loyal customers. Fraudsters exploit these promotions by setting up multiple accounts across different email addresses, IP addresses, and devices, leading businesses to give away millions of dollars of free money.

However, the same Ravelin survey mentions that the industry is quickly responding, with around 90% of online gambling merchants increasing their budget to combat fraud. At the same time, 85% of the industrys merchants also hire more people to create better anti-fraud strategies and prevent fraudulent bonuses.

You can read more information about Ravelins mission in The Paypers company database.

Read more:

Ravelin report: 71 per cent of online gambling merchants affected by surging promotion abuse - The Paypers

Posted in Online Gambling | Comments Off on Ravelin report: 71 per cent of online gambling merchants affected by surging promotion abuse – The Paypers

Betting on horse racing or online casinos: where’s the better chance of making money? – Everything Horse UK

Posted: at 2:02 am

Many players searching for earnings often appear before the question of what is better to choose, betting on sports in bookmakers or playing online casinos. There is no single answer, but you can lay everything out and then choose the advantages of one to understand what is best for yourself. The concept of gambling includes all gambling games. It consists of several large layers:

The word betting comes from the word bet. That is, betting is a betting, a game process. It implies a bet between the player and the bookmakers office. Talking about online gambling, you can play a game in no deposit casinos or try your luck at 5 deposit casino uk. What is more, many bookmakers offices allow the player to make a bet not only in the sports category but also in politics and even on changes in the weather. Betting is done not only in sports but also in financial markets. Therefore, the word betting should be used along with sports. This narrows down the range of activities.

Casino and gambling are broad concepts. They also provide a section on betting. However, the names cannot be used interchangeably. Of course, betting contains a component of gambling, but it also includes a significant amount of analysis and prediction, which cannot be claimed of roulette or slots, for example. Sports betting is a vital aspect of gambling, but it also operates in its own right. Many sports bettors who are passionate about the game turn it into pure gambling. Other bettors place wagers based on specific computations and statistical data. These two sets of players are diametrically opposed. The most significant distinction is the stance toward sports betting. If you believe it to be an unpredictable roulette-style game, then all of your bets will resemble betting on red and black. On the other hand, betting on athletic events is already solid analytics to make a profit if you bet with cold calculations and aim to decrease risk and maximize possible rewards. Every year, the popularity of bookmakers grows. Betting on the outcomes of athletic events is becoming increasingly popular among gamblers. The primary distinction between sports predictions and any other type of wager is that the result is less dependent on chance. In sports, everything is usually pretty reasonable, and most of the events on the site are open to constructive debate.

Regarding sports betting, its important to note that bookies allow wagers on a wide range of sports, including soccer, golf, baseball, and more. The advantage is that you may select which way to bet; if you know tennis and watch games and championships, you can figure out who is the stronger player and predict the matchs outcome. However, if the games progression is obvious and only a few bets are placed on the weakest player, the chances of winning are likewise minimal. As a result, we conclude that wagering on a sport with an obvious outcome is pointless.

Speaking of online casinos, here, the situation, on the one hand, is more straightforward but, on the other, much more complicated. Unlike the bookmakers office, which gives you no margin for error, the online casino allows you to choose a free casino and check your options, try out different methods of play and decide which casino game suits you best. Once you are sure you can play on an equal footing with the casino, you can get no deposit casino bonuses or choose no deposit casinos to start your game with. The difference between free and no deposit casinos is that the first ones let you play at the casino for virtual money, which later cant be cashed out or transferred to your account. Its just a game for points. But the online industry offers you to play the casino games for real money, giving you an initial capital, which you can grow and further dispose of as you wish. This advantage is that you can start making money without cash on hand and use the funds offered by no deposit casinos.

Currently, there is an influx of in-game betting on many sports betting sites. For years, online betting sites only focused on pre-match betting. As the years went by, players wanted more to make gambling more exciting as the games took place live. In-game betting is popular in sports. However, the gaming industry is focused on other forms of betting. For example, gambling establishments may accept bets during elections: people can bet on who is likely to become president while the ballots are being counted. Many sporting events are available for betting, but the essential nuance, in this case, is choosing a reliable and fair bookmaker. Regardless of the information provided by the institutions official site, it is necessary to read the assessments of independent sources who have had to deal with the site. We are talking primarily about former and current customers of the office. As a rule, the most eloquent indicator of the reliability of the club is the level of its popularity among experienced gamblers.

Before you register on the site of a bookmakers office to bet on sports, study the fundamental nuances of the platform:

These are not all the indicators that affect the bettors success when working with a bookmaker. Although sports events are characterized by regularity, chance can also play a unique role in the game. So, it is logical to assume that an endless string of wins by the same player or team is unlikely. On the other hand, a correct and detailed analysis will allow success in the vast majority of your predictions.

According to one version, it was at the racetrack where bookmakers and sports betting originated. Betting on horse racing has been done for over 300 years. The history of betting goes back to the history of horse racing. At first glance, in racing, everything is simple: you choose a horse, bet on it, and if it comes first, you win. Horse racing betting, like any other sport, has its nuances.

Remember the following nuances before betting on horse racing:

When using one of the strategies, keep an eye on the following point: analyze the ratio of the horses age and distance, weight, parameters, results, and achievements of previous races. Even weather matters a lot.

To win in the slots, you must adhere to several fundamental principles. It should be noted immediately that the focus of any such system is based on a combination of random numbers. Many players are convinced that the form of the game is simple, but this is not entirely true, as it requires the possession of strategic thinking.

Winning does not necessarily come quickly and easily, as losing a considerable amount of money is necessary. Following each spin on the screen appears a random combination. The sequence of characters can not be changed, so each spin provides an equal chance to win.

There are several factors which worth your attention:

The rest is here:

Betting on horse racing or online casinos: where's the better chance of making money? - Everything Horse UK

Posted in Online Gambling | Comments Off on Betting on horse racing or online casinos: where’s the better chance of making money? – Everything Horse UK

Has the US Learned Nothing From the UKs Gambling Woes? – WIRED

Posted: at 2:02 am

Greg Weber began gambling at 13, playing poker with his friends for small stakes after school. Weber, who is 32 now, and a New Jersey native, grew up in the wake of the Moneymaker effecta boom in poker interest sparked when a 27-year-old accountant from Tennessee, Chris Moneymaker, won the 2003 World Series of Poker, taking home $2.5 million. Weber has always obsessed over sports, particularly basketball, and poker appealed to his competitive instincts; it played weekly on ESPN too. So while it was Webers love of sports that got him into gambling, he didnt gamble on sports right awaythat came later, at 18. His habit began small, with $5 or $10 bets. In college, his friend put him in contact with a bookie, and his wagers increased.

Before 2018, he explains, it was hard to bet consistently. The websites of the offshore accounts he used were unreliable. He often worried he wouldnt actually receive his winnings, with credit cards denied or bets lost in the ether. His bookie set up an online platform where he could place wagers, and at the end of each week, theyd settle up. But prior to 2018, that was pretty much the only way that I was able to gamble and place bets on sports, he says.

Then, in May of that year, the US Supreme Court struck down the Professional and Amateur Sports Protection Act, a 1992 federal law that had prohibited states from authorizing sports gambling. New Jersey legalized sports betting that same year, and as companies vied for customers, gambling ads flooded the stateon billboards, radio, and television. Weber recalls a blitz of promotional emails for risk-free bets. New apps popped up on smartphones. He marveled at the ease of this new technology: He could bet with just a few taps of his thumb, anywhere and at any time. Deposits and withdrawals were just as smooth and instantaneous. No longer did he have to wait weeks on some cash in an offshore account, or go meet a bookie to settle his bets; the money was simply there, in his bank account. Time and space now posed no hurdles.

There was now a breadth of new wagers to place. The foreign sites had offered rudimentary options, but nothing like this. He could always find something to bet on, since he could bet in-game, too: the next quarter of a football game, the next pitch in a baseball game. It seemed limitless. Weber notes that, during this time, he grew less interested in bets that required skillthose where his love and knowledge of sports might give him a better chance than the average personand more concerned with speed. I tended to enjoy the bets that I could win or lose instantly, the faster the better, especially when I was losing and I needed to catch up, he explains. He played games that he had no interest in before, like roulette and blackjack. The apps and sites he visited were affiliated with casinos, enticing him in. His favorite bet toward the end of this period was to guess whether a baseball team would score during the first inning of a game; it was all over in 10 to 15 minutes.

Over the next two years, things deteriorated. Although Weber admits his issues with gambling had been slowly building since his first game of poker, after 2018 things markedly intensified. Weber has been a full-time firefighter for nine years, and when he was losing, he would always have wagered on the 11 pm or midnight games, and so would stay up till 2 or 3 in the morning, seeing how his wager played out. Thats not good for somebody that does 24-hour shifts at the firehouse, he says. For several years, he spent every waking moment thinking about gambling or trying to find money to gamble on sports or play poker. He couldnt put his phone down; it was a 24-hour obsession. My entire life was kind of in a hectic state, he says. By the beginning of 2020, Weber had exhausted his sources of cash. He couldnt take out a loan or request another credit card; he was out of options.

Americans have always found ways to bet on sports, both legally and illegallywhether it be through trips to Nevada, where sports betting has flourished for decades, or, like Weber, through offshore accounts or barroom bookies. The introduction of regulated sports gambling in the US shouldnt be confused with the introduction of sports gambling, says Chris Grove, CEO of American Affiliate, a sports betting investment portfolio. Before the Supreme Court decision, a survey by the National Council on Problem Gambling found that roughly 15 percent of Americans said they bet on sports fairly frequently. Thirty-one states now permit sports betting. In turn, Americans, like Weber, have placed an abundance of bets. The latest survey by the NCPG found the number of betting Americans had jumped to 25 percent. (This is partly a result of the black market coming under regulation, explains Keith Whyte, NCPGs director, and partly a result of new bettors joining the fray.)

Link:

Has the US Learned Nothing From the UKs Gambling Woes? - WIRED

Posted in Online Gambling | Comments Off on Has the US Learned Nothing From the UKs Gambling Woes? – WIRED

How the Online Gambling Industry Has Evolved – London Post

Posted: at 2:02 am

Online gambling in Canada has grown immensely. The increase in popularity has seen the industry skyrocket by 70 % over the past decades. Canada has been among the most progressive countries toward the growth of internet gaming. The nation has a long history of engagement in various online gambling platforms. There are about 19.3 million Canadians who regularly play at various top online casinos Canada.

Internet technology plays a major role in virtual gaming development. Players can now gamble on titles within a safe and secure environment. They have options to wager their money using any personal computer or mobile device. So, lets get into action and know more about what has evolved in the virtual gaming industry.

Launch of Mobile Gambling Platforms

The advancement of mobile phone technology has made these iGaming establishments an urgent need for everyone. Modern internet technology plays a major role in virtual gaming development. Players can now gamble on titles within a safe and secure environment. Mobile Apps present a fresh and interesting opportunity for gamers to download and play games for real money. They have options to wager their money using any personal computer or mobile device.

Gambling in Canada became a reality for the first time in the early 2000s, after the start of 3G technology. Soon afterwards, users could visit virtual casinos through the web browser.

App Store was available in 2007, while Google Play Store opened its doors the following year. These two factors have a significant impact on the growth of mobile gaming. Since then, online casinos have focused on producing downloadable mobile applications. The launch of HTML5 technology with 3G technology helps gamblers play non-OS-specific games. This boosts their experience, enabling all titles to play on any mobile device. Additionally, HTML5 platforms also provide greater security. Most active casino sites with HTML5 tech can now provide their services without the player installing the app on their device.

Online Casinos Now Offer Live Dealer Games

Modern internet gambling aims to provide a similar experience to traditional casinos. Everything from standard roulette and blackjack to roulette is available on request. Their outstanding designs have amazing visuals, animations, and soothing sounds. Again, they provide gambling enthusiasts with many winning possibilities and jackpot payouts. These are the most influential factors in the evolution of the online gaming business.

Live dealer games are popular for internet gamblers since they provide the most authentic experience. Gamers can compete against each other in real time. Live dealer titles enhance how punters wager and enjoy standard card and table games by using actual professional dealers. Playing HD games has transformed the iGaming world.

It isnt easy to locate online casinos that do not provide live games. Evolution Gaming was the first to provide a comprehensive library of live poker in 2006. Evolution games grew from a single developer to a global giant. Now, Evolution Gaming has a total of 8 studios throughout the globe. Other popular software providers in the list include NetEnt, Pragmatic Play, Ezugi, Playtech and many more.

Product Innovation

The persistent need to develop new games and betting options is another important factor driving the tremendous growth of online casinos. In the past, online gaming establishments featured only 2D slots. Today, most of these sites provide immersive 3D online slot machines with experiences that give gamblers the impression that they are participating in video gaming.

Video slots are now available in a wide variety of configurations, both in terms of size and shape.

Video slots are now available in a wide variety of configurations, both in terms of size and shape. Online slot machines are far more sophisticated compared to traditional fruit-themed slots. Major leading websites now provide slots-based machines on top of the TV series and movie games. There is also a Live section, in which gamers interact with other gamers and a live dealer while seated at a virtual table.

Virtual Reality

We should mention virtual reality in online casinos when discussing modern internet technology. This aspect of iGaming technology is still in its early stages. Something to be sure about is that the growth potential is extreme. We cannot claim that games with VR technology are flawless, but they are always improving. The comfortable atmosphere will allow you to experiment with a VR set to wager online.

VR platforms have gone far beyond simple 3D interfaces. Like a live dealer casino, gamers can gamble and interact with dealers in real time. A few websites will enable you to join rooms using a virtual reality headset. These establishments have other more amazing features. Players can observe body gestures, have in-game interactions where you can have a drink as you chat with other players, and have options to choose 3D tables where you can select a game as you interact with other players.

More Industry Competition

Continuous attempts to promote quality and enhance the standards in any sector are due to rising competition. As before, online gambling in Canada started with a limited number of sites offering players simple game versions. Over time, virtual casinos, sportsbook sites, and software vendors increased. With more gaming providers becoming accessible to users, the operators had to do more to keep their players interest or risk losing them to competitors. This is a positive development since, in the absence of effective competition, the sector has a potential danger of becoming uninteresting and unproductive.

In conclusion, gamblers from all over the globe continue to choose online casinos as their gaming venue of choice. The business is always developing due to new technologies, providing players with novel and interesting opportunities to make bets and come out on top. The games that are available to us now are far greater than the ones that were available many years ago. There is an improvement in gameplay, bonuses, live dealer options, and top rewards. Online poker players can play games on mobile devices without downloading any software. Also, they can engage in conversation with other genuine gamers and dealers while playing at their preferred tables.

Read the original here:

How the Online Gambling Industry Has Evolved - London Post

Posted in Online Gambling | Comments Off on How the Online Gambling Industry Has Evolved – London Post

Data at the heart of online gambling industry’s growth according to Future Anthem survey – European Gaming Industry News

Posted: at 2:02 am

Reading Time: 5 minutes

Here are this weeks latest slots releases!

Nolimit City has been through the wringer after dealing with the almighty Karen in their latest release Karen Maneater. Now, theyre back with yet another relentless gang. 2022 has been a year of throwbacks and nostalgia for the game developer Nolimit City is set to visit another prison even more ruthless and infamous than the fan-favourite slot San Quentin : Folsom Prison. The game has a reel setup of 4-6-6-6-4 rows across 5 reels, with several locked positions which can be opened if on good behavior.

Big Time Gaming is once again giving players the chance to sit in the hot seat and play for life-changing prizes with its brand-new take on fan favourite, Who Wants to Be a Millionaire RushTM. Millionaire RushTMis a MegaClustersTMslot that sees symbols split and react, allowing up to 100 symbols to occur. The game also features MegaTrailTM, a never-seen-before mechanic with 12 rungs of bonuses that are randomly determined in every base game spin.

Blue Guru Games is preparing to unleash the Curse of the Mummies. This spine-chilling new 243-ways-to win slot is the latest from the team that brought you Octopus Armada and Nemean Lion and the undead is now live on the Relax Network. Dont say we didnt warn you. With stunning graphics, an atmospheric, contrasting soundtrack and solid gameplay, Curse of the Mummies bears all the hallmarks of Blue Guru, an exciting new studio that prides itself on powerful storytelling and immersive audio-visuals.

iSoftBet, ventures into the realm of medieval folklore to launch its latest Twisted Tale title, Merlins Revenge Megaways. The legendary magician takes on the focal point of one of the providers first Twisted Tale games, Morgana, in this action-packed adventure. The mystical hit features cascading wins, which sees successful combinations explode to allow more symbols to drop in, while two modifiers, Max Megaways and Merlins Magic, can trigger at any time.

OneTouch has announced its latest release,Sea Treasure,a 53 video slot which presents players with a unique underwater challenge. The new title features an enthralling retro-styled design which is accompanied with an epic soundtrack that encourages players to dive deeper in the search for big rewards. When players spin a winning combination, an on-screen submarine sinks lower and increases the multiplier by 1. The maximum multiplier is x5 during the main game, while the Free Game offers a maximum multiplier worth a remarkable x999.

Playn GO head to Italy in their new animal-themed online slot, Rocco Gallo. In a small village in Italy, a mighty cockerel rules the roost, and he goes by the name, Rocco Gallo. With hens and eggs aplenty, life couldnt be any better. That is until night falls and the cunning Vinnie Volpe tries to steal Roccos chicks. Rocco might have something to say about that.

GAMOMAT, has added 50 Flaring Fruits to its fantastic Flaring Fruits series which already includes the successful 5 Flaring Fruits and 20 Flaring Fruits. The prequels performed particularly strongly within the regulated Dutch, UK and German markets. GAMOMATs 50 Flaring Fruits radiates with rich colours and continues the theme of having a tasty collection of Flaring Fruits on the reels. This title goes another step further with 50 paylines, a larger 54 layout and the 7 Wild substitutes for all the symbols aside Scatters.

Pragmatic Play, journeys through the Ancient Egyptian in its new slot release Queen of Gods. Set across 53 reels, the deities of Ancient Egypt make up the high-paying symbols withinQueen of Godsconsisting of Anubis, Horus and Sebek with their Queen being the highest paying symbol in-game. Wilds join these Gods and aid in the creation of matching combinations across the titles ten paylines to award a win.

Iron Dog Studio further expands its bespoke offerings via operator partner Napoleon Games, with the launch of an exclusive custom dice slot Vegas Dice Megaways. The Iron Dog Studio team has worked closely with the popular Belgian operator to build on the foundation of the developers pioneering Branded Megaways portfolio to craft a totally unique, bespoke dice slot that offers plenty of big win potential for players.

Endorphina has released an enchanting new game revolving around old legends. As they say, their Fisher King is trapped away in his castle due to a fatal injury. He is only able to fish on a tiny boat on a river near his castle, waiting for the day that a noble player will cure and set him free. All he needs is just a few drops of Holy Grail lifeblood to heal his wound.

Yggdrasil and Reflex Gaming has partnered to transport players on an adventure across the highest mountains and the hottest deserts in the mythical titleEye of Persia2. The game sees players searching for a priceless jewel, which according to legend, has the power to transform the fortunes of the bearer and bring untold riches. The feature-packed title includes the Jewel Rush bonus, which is triggered by three, four or five Scatter symbols landing during the base game. In this respin-style bonus, the Jewel symbols lock in place, and the reels change to 15 individual reels with Jewels and blank positions.

BGaming releases the Gold Rushwith Johnny Cash slot, a sequel to a cactus cowboys adventures in Wild West, enhanced with a new Hold and Win feature and a chance to win an x5000 Jackpot. Gold Rush with Johnny Cash continues the story of the main character a daring cactus cowboy seeking for money and gold. This time Johnny Cash welcomes players to the underground to search for treasure. The mining-themed online slot has very high volatility and a 96.8% RTP while playing out on a 5-reel, 3-row field with 25 ways to win.

Related

Visit link:

Data at the heart of online gambling industry's growth according to Future Anthem survey - European Gaming Industry News

Posted in Online Gambling | Comments Off on Data at the heart of online gambling industry’s growth according to Future Anthem survey – European Gaming Industry News

Lithuanian regulator fines Top Sport and Amber Gaming after breaches of the country’s gambling promotion ban – Yogonet International

Posted: at 2:02 am

Lithuanias betting and gambling operator, Top Sport has been fined by the countrys gambling authority for violating the promotion ban introduced in 2021, which will lead the company to pay EUR 25,000 ($25,900). The institution also punished Amber Gaming, the brand behind the 7Bet casino, as it struggled to comply with the new rules, breaking the law twice in November 2021 and in February 2022.

The Lithuanian Gaming Control Authority under the Ministry of Finance of the Republic of Lithuania introduced a ban last year that referred to the amendments to the Gaming Law, which limit the operators use of advertisements to promote gambling activity in the country.

According to the regulator, this includes free games, promotional campaigns, discounts, free gifts, free spins, and any other form of special events through which gambling activity is promoted. However, this restriction does not entail a complete ban of all advertising, only those focused on increasing gambling participation. The decision comes from the institutions effort to protect players.

According to a press release, in the case of Amber Gaming, thebrand had published content that included promotional material strictly banned via the 2021 ban. This resulted in an EUR 6,789 ($7,000) fine, significantly lower than Top Sports.

The ban may affect the way in which the Lithuanian online casinos handle promotions. However, it does not limit their offer in any way. Estonia and Latvia legalized online gambling in 2010. Lithuania joined its Baltic neighbors in 2016, and since then it has been licensing online casinos to nurture its offering.

The ban even helped increase gambling activity in Lithuania, as the jurisdiction has registered an increase of nearly double the revenue from last year. Online casino revenues are up 90% compared to 2021. This rise did not comes as a surprise for most experts, considering that the latest studies suggested that the global gambling market is set to grow in the next 5 years.

See original here:

Lithuanian regulator fines Top Sport and Amber Gaming after breaches of the country's gambling promotion ban - Yogonet International

Posted in Online Gambling | Comments Off on Lithuanian regulator fines Top Sport and Amber Gaming after breaches of the country’s gambling promotion ban – Yogonet International

Page 27«..1020..26272829..4050..»