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Belarus confirms online gambling launch date

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first_img24th August 2018 | By contenteditor Belarus confirms online gambling launch date Government to herald two-year transitional period from April 1, 2019 Tags: Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Legal & compliance Belarus will regulate online gambling from the start of April next year, the eastern European country’s tax ministry has confirmed.Vladimir Mukvich, the Deputy Tax and Duties Minister, said that there would be a two-year transitional period, through to April 1, 2019, when operators would be able to apply for an online gaming licence.He added that he does not foresee a significant number of online casino operators initially as the government does “not see any preconditions for such a trend”.Mukvich also said that the legislation, Decree No.305, would put in place strict conditions for operators in order to protect the country’s population of nearly 10 million people.“This will be done not with the aim of minimising the number of facilities, but to provide maximum protection to the players,” Mukvich said.The bill to legalise online gambling was put forward by the Minister of Taxes and Levies, Sergei Nalivaiko, in July.Earlier this month, Belarusian President Alexander Lukashenko gave the green light to online gaming by signing the decree into law.Under the decree, the minimum age for online gambling will be 21, with identity checks required.Operators will have to deposit funds into a designated account that will be used to cover any winnings or taxes that would be due if the venture collapses.The country’s tax authorities will also keep a close eye on the operators through a special payment system that will allow transactions to be monitored.Casinos will also have to install surveillance cameras, while punters would not be allowed to lend money to other gamblers.In December, Belarus opted to legalise cryptocurrencies, ICOs and smart contracts amid reports of wider regulation.Image credit: Nuno Godinho Regions: Europe Central and Eastern Europe Belarus Email Address Subscribe to the iGaming newsletterlast_img read more

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Q&A: John Kamara

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first_img Q&A: John Kamara The director of Global Gaming Africa and Clarion’s ICE Africa ambassador gives his predictions on which markets and verticals are set for growth across Africa in the near futureiGaming Business: How did your new role as ICE Africa  ambassador come about and what does it entail? John Kamara: Our company, Global Gaming Africa, works as a partner to Clarion in different markets. This is an ancillary ambassadorial role helping to give ICE Africa a face; we wanted to add more visibility to the event. It’s about promoting the message of ICE Africa and acting as an ambassador in terms of when the company is not present, answering questions relating to government, relating to different types of regulators, and also being able to use my influence in the local market to gather support for the event.Your firm helps companies looking to come into Africa. Which countries/territories do you think offer the most investment potential right now, and why? I think Mozambique is one. Nigeria traditionally has been a big one,  and there has been a shift in Nigeria to a stage where companies can just purely be online and still make decent revenue  unlike before when you always had to do retail.I think Tanzania is still a growing market. Uganda is an interesting market – I think it needs more investment but there is an undertone of good opportunity for growth there. The French-speaking countries such as Senegal are quite good markets right now for investment as they slowly try to break down the monopolies of the existing traditional gaming companies there.The traditional markets of Kenya and Ghana, they are good markets but they are growing at a flatter rate than these other new markets. Botswana is trying to licence itself now so within the next year there is also potentially a new growth market there. “Chinese businesses in some countries in Africa are bringing local hand-made slot machine products into local communities and many people are playing these things”We only hear about sub-Saharan countries when it comes to igaming in Africa. Are there investment opportunities in the rest of the continent worth pursuing or do the associated risks rule these out? In the North African countries there is a stigma about gaming, which makes it difficult for a lot of gaming companies to want to go there. I think Tunisia is one of the countries that is really trying to think about how it can legalise and make more opportunities for gaming companies. In the other countries there is a lot more risk around just being there.Which types of companies (operators, suppliers, payments, affiliates) should potential investors be looking at when it comes to establishing a sustainable entry and foothold in the region? I think the first thing to look at is sports betting because the growth of sports is huge. So they could look at finding small sports betting companies in the new markets that still have space for growth and doing M&A with those. I think there are also opportunities with some payment providers that are looking to diversify because they see gaming as a big opportunity.The affiliate market in Africa is still very young but I think there are opportunities to come to market with various media providers. Apart from South Africa, there are very few suppliers in the African market. Online casino is an area that companies should start looking at because I expect it to follow the same trend as online sports betting.Companies that only do casino I think are going to be the new trend in the market, which is going to be the new growth area. If I was an investor I would definitely look at that because there are not a lot of companies that really do that in the market. You would not find M&A there but you would find a market that would slowly adopt what you are doing and you could grow very fast.Sport had a natural in as it is very popular in Africa. But there aren’t as many land-based casinos in Africa as there are in other regions. Is that going to be a stumbling block? Casinos in Africa have traditionally been built for the affluent, which is why a lot of local people would never walk into a casino, whereas sports just lends itself to every possible person. But we are seeing trends where Chinese businesses in some countries in Africa are bringing local hand-made slot machine products into local communities and many people are playing these things.They are demystifying the idea that you have to be a certain type of person to play casino. Four or five years ago nobody really thought African countries would be able to become what they have today in terms of sports betting markets. When sports betting first started you only had one or two and if you’d introduced live betting four years ago you’d have just been looking at disaster. You had to bring players through a basic education process.It’s the same with casino. So you need to start with a basic online slot – you don’t have to hit them with all your products, you just need a very simple product that brings a game at the base level, the same way sports has done. After that people will naturally want more.What about lotteries, is there scope for expansion of this vertical? Once most countries really get behind their lottery proposition there is a huge opportunity. It is still a massively untapped market in a number of countries. With traditional lotteries in Europe, you go to a shop and you buy a lottery ticket – that is second nature that is the way the infrastructure has been set up. It is not this way in Africa because the infrastructure that has been set up is different.One of the reasons why lotteries haven’t been very successful yet is because people don’t trust them, whereas with sports they know that when Man Utd play Arsenal the operator can’t control what is going to happen. Basically, they have got visibility. People don’t really buy into rollovers. You’ve seen companies that have comeinto the market with big jackpots and people don’t believe in that. They think, ‘When somebody wins I amsure it is your brother.’ More needs to be done in terms of building trust.Is there anything investors should be wary of when presented with potential opportunities in African countries? The first thing they need to do is look at the market and look at the real value of the opportunity they’ve been presented with because even a lot of South African companies still don’t understand how to evaluate the real value of something.You need clear due diligence and what I mean by that is not just getting KPMG to look at it, but getting people who understand the local market, who understand what the value of a player on a platform is and things like that. What you do find in the sports betting market is that a lot of these African companies, the biggest problem they have is product and investment.They don’t control their products so it is hard for them to be nimble and flexible and in a new market like this, one of the key things that drives growth is flexibility. You find the companies that are really successful in this market are the ones that have a lot of funding and either control their product or have their software provider as a co-owner in their business.This article originally appeared as part of the Africa Focus in iGaming Business September/October 112. The focus ties up with ICE Africa, which takes place between 24 October 2018 and 25 October 2018 in Johannesburg, South Africa Casino & games Subscribe to the iGaming newsletter Regions: Africa 12th September 2018 | By Hannah Gannage-Stewart Topics: Casino & games Sports betting Strategy Clarion’s ICE Africa ambassador gives his predictions on which markets and verticals are set for growth across Africa in the near future Tags: Mobile Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

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Swedish self-exclusion register hits 20,000

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first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Topics: Legal & compliance Swedish self-exclusion register hits 20,000 Tags: Online Gambling Legal & compliance Email Address Regions: Europe Nordics Sweden Swedish regulator Spelinspektionen has revealed that its Spelpaus.se self-exclusion scheme has now attracted more than 20,000 registrations. Swedish gambling regulator Spelinspektionen has revealed that its Spelpaus.se self-exclusion programme has now attracted more than 20,000 registrations.Launched on January 1 to coincide with the roll-out of the country’s regulated iGaming market, the service allows users to block themselves from accessing online gambling services and opt out of any related marketing campaigns.The scheme also covers in-person betting at approved stores, bingo facilities, on gambling machines and at all land-based casinos operated by Casino Cosmopol.Spelpaus.se only applies to operators that hold a licence in the newly regulated Swedish market. Spelinspektionen has so far awarded licences to 69 companies, with this list expected to grow as more operators secure approval.One of the conditions of these new licences is for operators to ensure that they are fully integrated with the Spelpaus.se initiative.However, Spelinspektionen has been forced to issue a number of reminders to its licensed operators about this requirement after noting a series of failures during the first month of full regulation in January.The regulator named Genesis Global and AG Communications, a subsidiary of Aspire Global, as licensed operators that had breached this measure. Both companies have since taken action to ensure they are fully compliant with the self-exclusion rules.Spelinspektionen has warned that if any licensed operators continue to breach this licence measure, it could begin to rescind online gambling licences and also issue financial penalties.Image: Max Pixel 7th February 2019 | By contenteditorlast_img read more

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GC appoints GREO to support gambling harms strategy

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first_img Tags: Online Gambling OTB and Betting Shops Slot Machines Regions: UK & Ireland 5th July 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The GB Gambling Commission (GC) has agreed a deal for independent research sharing specialist Gambling Research Exchange (GREO) to support its new National Strategy to Reduce Gambling Harms. Topics: Casino & games Legal & compliance Strategy Slots The GB Gambling Commission (GC) has agreed a deal for independent research sharing specialist Gambling Research Exchange (GREO) to support its new National Strategy to Reduce Gambling Harms.Under the agreement, GREO will develop a programme of activity to support the strategy’s two key focus areas – prevention and education, and treatment and support. It will be tasked with disseminating research among relevant stakeholders so that it can be applied in policy development, and shared with international partners.The GC unveiled it new strategy in April, with the overall aim of making faster progress on reducing gambling related harms. The initiative will run from 2019 to 2022 and will see the regulator work alongside public health bodies, charities and businesses.“The new role for GREO to support the National Strategy is a perfect example of the collaboration we called for in the Strategy,” GC executive director, Tim Miller, said.“GREO is a well-respected independent research organisation with a wealth of experience in gambling research and dissemination. Ultimately, their expertise, networks and insight will help us and our partners to accelerate progress over the next three years.”Trudy Smit Quosai from GREO added: “We are thrilled to announced our work as part of the National Strategy to Reduce Gambling Harms. It means we will be working with the best thinkers around the world to help tackle the issue and provide independent, evidence-based research to support the strategy’s priorities.”The link-up comes amid a series of responsible gambling announcements in the UK this week.GVC Holdings, bet365, Flutter Entertainment, William Hill and Sky Betting and Gaming followed up plans to increase funding for problem gambling treatment by setting out a plan of action to create a safer gambling environment.However, despite this commitment, Secretary of State for Culture, Media and Sport Jeremy Wright has warned the government could introduce a mandatory levy if the gambling sector’s voluntary funding plans do not raise enough cash to support the treatment and prevention of gambling harm.Meanwhile, the House of Lords’ Select Committee on the Social and Economic Impact of the Gambling Industry has published a call for evidence to support its inquiry into problem gambling in the UK.In addition, the GambleAware charity has agreed a deal for data and analytics company ViewIt UK to operate and manage the information system for the National Gambling Treatment Service as part of an effort to tackle gambling-related harm. GC appoints GREO to support gambling harms strategy Email Address Subscribe to the iGaming newsletter Casino & gameslast_img read more

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Camelot reports half-year sales increase on 25th anniversary

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first_img14th November 2019 | By Daniel O’Boyle Topics: Finance Lottery UK National Lottery operator Camelot has announced ticket sales of £3.92bn for the first six months of its financial year, a 13.5% increase from 2018. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Regions: UK & Irelandcenter_img UK National Lottery operator Camelot has announced ticket sales of £3.92bn for the first six months of its financial year, a 13.5% increase from 2018.The period from 1 April to 28 saw Camelot’s digital sales totalled £1.16bn, up 40.0% year-on-year and marking the first six month period in which digital sales surpassed £1bn.That digital figure included£749.0m in mobile sales, up 73.5% year-on-year.Across all channels, sales of draw-based games made up the majority of Camelot’s turnover, bringing in £2.26bn, up 15.3% year-on-year.Camelot said the EuroMillions game represented a “significant boost” in sales, as rollover draws eventually created a jackpot of £170m, which was won on 8 October. However, it added that sales would have set a first-half record even without the boost provided by the series of rollovers.Instant win games and national lottery scratchcards, meanwhile, increased 11% year-on-year to £1.66bn.The operator generated £876.8m for charitable causes, up 10.5% year-on-year. Since the start of the program, National Lottery funding has been awarded to more than 565,000 individual projects, with 70% of grants totalling £10,000 or less.Camelot also awarded £2.24bn million in prizes to players, up 13.4% from 2018/19, including 147 prizes of £1m or more.Today (14 November) marks 25 years since the launch of the National Lottery and chief executive Nigel Railton said the operator is in its strongest ever position today.“It’s 25 years to the day since we started selling tickets for that first Lotto draw, and our record half-year performance clearly shows that The National Lottery is in its best-ever shape,” Railton said. “Not only are sales up across the board, but we’ve also delivered over £3.2 billion to Good Cause projects, players and retailers in just six months – underlining the incredible difference that, over two decades on, the National Lottery continues to make to the lives of people and communities throughout the UK.”This year, the total amount the operator raised for charitable causes surpassed £40bn, while the total amount of prize money paid out reached £73bn.Railton said the coming year would include further reinvigoration of the lottery, as well as anniversary activities.“We’re continuing to make excellent progress on reinvigorating The National Lottery brand to make it more relevant and visible by more effectively communicating the uniqueness of The National Lottery and by working closely with the wider National Lottery family on initiatives which recognise the all-important contribution of players to a huge range of projects across the UK,” Railton said.“More recently, we’ve all worked together to run some incredible 25th birthday activities across the UK – featuring famous faces and well-known National Lottery-funded landmarks – to celebrate everything that’s been made possible thanks to National Lottery players over the last 25 years.”In October, Camelot announced that it had instructed retailers to stopp selling £10 scratchcards as part of an effort to tackle problem gambling as of 27 September, leaving the highest-priced instant win game at £5. Finance Camelot reports half-year sales increase on 25th anniversary Email Addresslast_img read more

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MoPlay joins German Sports Betting Association

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first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 26th November 2019 | By contenteditor MoPlay joins German Sports Betting Association Sports betting Tags: Online Gambling Addison Global-owned sports betting brand MoPlay has signed up as a member of the German Sports Betting Association (DSWV).MoPlay joins the likes of Sky Bet, William Hill, bet365, Paddy Power Betfair and Interwetten as a member of the organisation, which represents operators that are active in Germany.Since being founded in 2018, MoPlay has established a presence in Germany, helped by its partnership with Bundesliga football club Hertha BSC.Aside from Germany, MoPlay operates in markets such as the UK, the Republic of Ireland and Austria. The brand also went live in Mexico last week.“As a new member of the DSWV, we are expressly committed to Germany and will participate in the discussion on future sports betting regulation,” MoPlay chief executive Jürgen Reutter said. “Our innovative betting product focusing on mobile devices in combination with our young brand will also be a growth driver in Germany.”DSWV president Mathias Dahms added: “We warmly welcome MoPlay to our association and look forward to supporting the international start-up, led by experienced managers from the European igaming sector, as a powerful new member.”The addition of MoPlay as a member of the DSWV comes after the organisation last month called for a root-and-branch overhaul of Germany’s current gambling regulatory framework.Dahms said that with operators expected to adhere to the restrictive terms of the third amended State Treaty on Gambling until 30 June 2021, the market should be significantly expanded under the legislation that replaces it.Image: Marco Verch Topics: Sports betting Addison Global-owned sports betting brand MoPlay has signed up as a member of the German Sports Betting Association (DSWV). Regions: Europe Central and Eastern Europe Germany Email Address Subscribe to the iGaming newsletterlast_img read more

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Virginia sports betting bill makes progress

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first_img Regions: US Virginia Sports betting A bill that would legalise sports betting in Virginia has continued to progress through the state’s legislature, while a second, competing bill has been rejected by the Senate. A bill that would legalise sports betting in Virginia has continued to progress through the state’s legislature.HB 896, proposed by representative Mark Sickles, passed the Finance and Appropriations Committee in the state Senate yesterday (25 March) having already cleared the House. The bill, which was only introduced last month, is progressing quickly with the current session due to close on 7 March.The bill would legalise mobile sports betting in Virginia, and would direct the Virginia Lottery to regulate it.The regulator would issue licences within the state and determines that a minimum of six and maximum of 10 three-year licences – each costing $250,000 – are to be issued.Read the full story on iGB North America. 26th February 2020 | By contenteditor Subscribe to the iGaming newslettercenter_img Email Address Topics: Sports betting Virginia sports betting bill makes progress AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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Michigan sports betting set for March 11 launch

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first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: OTB and Betting Shops Race Track and Racino Michigan sports betting set for March 11 launch Email Address Regions: US Michigan Regulated sports betting is set to begin in Michigan this week, with Detroit’s three commercial casinos expected to be authorised to launch retail wagering by the Michigan Gaming Control Board. Should the casinos – MGM Resorts’ MGM Grand Detroit, Penn National Gaming’s Greektown Casino and the privately-owned MotorCity Casino – be licensed at a Control Board meeting on Tuesday, March 10, they could launch from 1PM the next day.The state regulator noted that it expects to approve each casino after hearing final presentations at the meeting, with all preliminary requirements for going live already met.“With just 11 weeks to prepare, MGCB staff worked hard to make the launch of onsite sports betting at the Detroit casinos possible by March Madness,” Gaming Control Board executive director Richard S. Kalm said. “The casinos and their suppliers helped us by their timely efforts to share information we needed to authorise the gaming. This new gaming opportunity has been highly anticipated, and we hope citizens will enjoy it and see benefits from additional revenue to both the state of Michigan and the city of Detroit.”Read the full story on iGB North America. Topics: Casino & games Legal & compliance Sports betting Horse racing Subscribe to the iGaming newsletter Casino & games 9th March 2020 | By contenteditor Regulated sports betting is set to begin in Michigan this week, with Detroit’s three commercial casinos expected to be authorised to launch retail wagering by the Michigan Gaming Control Board. last_img read more

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iGaming Tracker: Megaways

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first_img Megaways games have taken the market by storm since being launched in 2016, the real step change coming two years later when Big Time Gaming started licensing the underlying mechanic to other developers. Ken Muir tracks the growth via games launches and the licensee roll-out and also looks at how titles built on the mechanic have grown their market share on operator lobby pagesBig Time Gaming (BTG) launched the innovative new format of Megaways casino slot in 2016 with Bonanza.A random reel modifier system which sees a totally different range of symbols produced across each spin, the mechanic allowed players to experience a totally different game with every spin.The huge success of Megaway games such as Bonanza and Extra Chilli added a new dimension to the real-money slots market.BTG’s next significant step was to license the mechanic to other developers, Blueprint becoming the first to launch in April 2018, followed a year later by Red Tiger and Storm Gaming.Since then a growing number of suppliers have launched games based on the Megaways mechanic.Growth in Megaways games The graphic below shows the growth of Megaways games.The colours denote the suppliers who have licensed the mechanic since 2016, with the size of their bar reflective of the number of titles they have launched in each quarter.There has been a marked increase in game launches as well as an increase in game suppliers since 2016. 25th June 2020 | By Stephen Carter Subscribe to the iGaming newsletter Topics: Casino & games Slots AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games Tags: Online Gambling Slot Machines Megaways games have taken the market by storm since being launched in 2016, the real step change coming two years later when Big Time Gaming started licensing the underlying mechanic to other developers. Ken Muir tracks the growth via games launches and the licensee roll-out and also looks at how titles built on the mechanic have grown their market share on operator lobby pagescenter_img iGaming Tracker: Megaways Megaclusters In June 2020 BTG launched a new trademarked mechanic, Megaclusters, launching Star Clusters in June 2020 for an initial exclusive period to Flutter-owned sites.We will be watching closely to see if it can emulate the success of Megaways and if the mechanic is then licensed out to other suppliers. All data from iGaming Tracker – how it works iGaming Tracker tracks hundreds of casino sites worldwide every day. From this data it can ascertain which games are on which sites and where they are positioned on the pages. It can also measure the market share of casino games suppliers by percentage of “real estate” on casino sites at any given date. For more information visit www.igamingtracker.com or email [email protected] Share of Megaways games vs other slots/jackpot games The visualisation below shows the share of slots vs Megaways games in H1 2019 vs H1 2020. The sample is of nearly 500 sites worldwide, looking at the main landing lobbies of the sites only.Many of the sites will not offer Megaways slots, however the graphic clearly illustrates that the share of Megaways-based  games has increased substantially, almost doubled, when compared with other slots/jackpots. Content share – Big Time Gaming and Blueprint still dominate The graphic below shows the content share of Megaways titles in the 12 months to June 2020. Content share is calculated as the proportion of aggregated daily positions of Megaways games.With a sample size of over 300 sites you can see from the visualisation that the majority of content of Megaways games are produced by BTG and Blueprint. The launch frequency of Megaways games has meant there has been steady increase in the volume of games available to customers.The graphic below shows how the volume of games has increased over time as more titles are launched each quarter, again broken down by supplier. Email Addresslast_img read more

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Spin N’Hit by Pariplay

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first_imgCasino & games 13th July 2020 | By Aaron Noy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Spin N’Hit by Pariplay Subscribe to the iGaming newslettercenter_img Topics: Casino & games Slots Venture deep into the jungle to discover an ancient Aztec city that holds riches beyond your imagination. As you spin the reels, the precious Aztec amulets can activate the Spin N’ Hit feature where multipliers and stunning jackpots can be yours.Spin N’ Hit is a 5-reel, 3-row slot with a riveting bonus round and free spins feature. When 6 or more Amulet Bonus Symbols land anywhere on the reels, it triggers the Spin N’ Hit feature, where fantastic multipliers and jackpots are up for grabs. To keep the generous payouts coming, when 3 or more Scatter symbols land, it awards up to 30 Free Spins.Ready for fantastic rewards? Play Spin N’ Hit now! You can play the demo of this game here! Email Addresslast_img read more

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