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AIPoker made its debut in South Korea to overturn the traditional business model for online poker games
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AlGame Foundation, located in Singapore, launched its first public project called AIPoker on December 4th in Seoul, South Korea. AIPoker will be the first online poker game platform worldwide that integrates AI, big data, and blockchain technologies.
The project was revealed at “99EX Global Launching Conference & Initial Project Launching Introduction”. 99EX trading platform is one of the first exchanges launched by the “Open and Win-Win Exchange Plan” under the leadership of the world’s leading digital currency exchange OKEX. AIPoker is one of the quality projects around the world that were selected by 99EX.
The AIPoker team has over 10 years of experience in the online poker games industry in Greater China. The team created the business model of a united operation with online game platforms as well as offline large-scale events, poker clubs, industrial media, TV programs, and related training based on Texas Hold’em, establishing the preliminary form of the Texas Hold’em game industry in China.
In the meantime, the team also launched the offline event “CPC China Poker Game Carnival” in Hainan, China, one of the few major sports events officially certified by China. The CPC event has been held five times so far, attracting over 10,000 players from all over the world. In particular, the bonus for the 2017 CPC main event alone exceeded $1.6 million.
The AIPoker’s technical team also developed its management system Match Manager to manage thousands of competitors in large-scale offline games.
With its in-depth understanding of the online poker industry, the team proactively embraces cutting-edge science and technology. AIPoker is their first hit to overturn traditional “online poker games”.
The team stated that the core gameplay launched in AIPoker is based on AIGame Foundation’s technological patents. The AI automatic strategy system that can perform human-created strategies is going to utterly change the gameplay of the traditional online poker games. The crux of this set of technological patents lies in the practice of letting users edit and create “strategies”. Then the machine will precisely apply the strategies made by the player in dozens or even hundreds of games.
This means that players can take part in a dramatically larger number of games than usual. New players, can participate in the game by selecting a high-win-rate strategy on the ranking list. Once a player wins a game, the player who composed the strategy will get a revenue share.
AIPoker’s big data system will present various statistics to players in the form of the visual chart, so that players can summarize and improve their strategies and take steps to enhance their tactics in offline games. AIPoker can also use more in-depth methods such as comparison data mining and simulating machine learning to provide players with highly professional strategy optimization advice.
The AIPoker team believes that the open, transparent, and traceable features of the blockchain technology will help the online poker industry solve a series of difficult problems such as the difficulty in payment and exchange, and player or platform cheating. The blockchain technology will provide a convenient payment channel for legitimate poker players worldwide.
In AIPoker, players can not only use the AIPoker Token AIG to participate in the game but also can use Bitcoin, Ethereum, and other mainstream currencies to exchange for AIG.
The multiple hashes carried out with the block ID will act as the random seeds to ensure the randomness of the card shuffling and card dealing of every game. Strategies used by players and the results of every decision-making step will be recorded, and the link of the record and the hash value will be written into the blockchain forever, so that they will never be changed and can be traced back at any time to guarantee fairness.
Dong Wang, chairman of the AIGame Foundation said that the blockchain technology and games are naturally matched. AIPoker, the first project launched by the foundation, ambitiously aims to overturn the entire industry with the blockchain technology, rather than simply using tokens to replace the chips of the game.
“AIPoker hopes that the players’ wisdom and contributions can be converted to value. We understand the poker game players in the world of traditional currencies, and AIPoker can settle the ubiquitous problems faced with existing blockchain game projects, promote the size of existing digital currency users to a higher level, and transform users of traditional currency system to owners of digital currency assets.”
“AIPoker’s determination will be reflected in the business model of the entire project community. We created the GRANDJACKPOT business model. AIPoker does not gain profits from the operating income. Instead, 100% of the revenue will be returned to the community.”
“It is the players who are the master of AIPoker. Only by deciding all affairs of the community via collective discussions and democratic autonomy can we create a decentralized community-based business ecology,” Wang added.
AIPoker online poker game platform is undergoing intense development, and the community version targeting community users will be launched in early 2019.
AIPoker is the first AI poker game released by AIGame. In the near future, AIGame Foundation will continue to extend to other types of AI games such as AI strategy games and AI board and card games.
AIGame Foundation will also develop open source AI technologies in the community to encourage community members to create more AI puzzle games following the spirit of and comply with AIPoker’s technical purpose. In the meantime, AIGame will cooperate and share achievements with multiple valuable parent chains and game projects to create a bigger and wider AIG business space.
AIPoker official website: www.aipoker.io
AIPoker’s platform Token AIG will be released on the 99EX trading platform soon.
Source: AlGame Foundation
Source: Latest News on European Gaming Media Network
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Levy announcement: GamCare statement and data
Statement:
Mark Weiss, Deputy CEO and Director of Communications and External Affairs at GamCare, commented: “We welcome today’s announcement from the Government on the statutory levy and look forward to working with the NHS, other providers and future commissioners to ensure the success of the new treatment, prevention and research system.
“At GamCare, our priority is making sure that people who need support for gambling harms receive it as quickly and effectively as possible. With a record 55,000 people calling the National Gambling Helpline last year alone, now is the right time for this important clarity on the future system.
“With 27 years’ experience running the National Gambling Helpline, GamCare plays a vital role ensuring people can access gambling harms support when they need it most.
“Just as we welcome this renewed focus on treatment, we recognise the importance of protecting vulnerable people, particularly children, before harms escalate. That’s why we welcome the Government’s emphasis on prevention. Having witnessed a steep rise in our Helpline callers citing difficulties with online slots, GamCare further welcomes the introduction of new youth-focussed stake limits – an important step in preventing future harm.”
Additional new data from GamCare
- Almost half of calls (45%) to the National Gambling Helpline now cite issues with online slot machine games.
- The proportion of calls to the National Gambling Helpline citing issues with online slot machine games has increased by one-third since the pandemic, according to the gambling support charity GamCare.
- The charity found that, of the 6697 callers who disclosed a form of gambling to Advisers on the Helpline in 2023-2024*, 45 per cent cited challenges with gambling on online slot games, a figure which stood at 34 per cent in 2020-2021.
Activity | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 |
Online Slots | 33.6% | 45.8% | 43.9% | 44.6% |
The post Levy announcement: GamCare statement and data appeared first on European Gaming Industry News.
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Play’n GO announces exclusive game launch with Hard Rock Bet
Play’n GO, the world’s leading casino entertainment provider, has today announced the release of a new game title available exclusively to Hard Rock Bet online casino players in New Jersey.
Play’n GO recently announced the beginning of its partnership with Hard Rock Digital to provide premium content for its highly-rated Hard Rock Bet online casino in New Jersey.
The Swedish-founded gaming giant partnered up with the renowned global entertainment brand to create Hard Rock Pork N Roll, a spin-off of another wildly popular Play’n GO title, Piggy Blitz. The resulting game is the outcome of many months of collaboration and is predicted to entertain Hard Rock Bet players in the same style as its predecessor.
Magnus Olsson, Chief Commercial Officer at Play’n GO, commented “Our formal partnership with Hard Rock Digital is still in its relative infancy, but many months of work have gone into both the partnership itself and the design of this game, with input from both businesses. We’re excited by this new exclusive title, and it is a testament to the innovation and creativity of our game designers to create a fun spin-off of one of our classic titles. Hard Rock Pork N Roll is sure to be a huge success- the name of the game alone makes it stand out as an instant classic! This game is evidence of our ability to create top-quality, bespoke content for all of our customers, something we’re looking forward to doing more of in future.”
Grant Williams, SVP-Casino, Hard Rock Digital added “Our ‘Only at Hard Rock’ section continues to grow with another exclusive, bespoke experience and the addition of Hard Rock Pork N Roll—an immersive title that seamlessly weaves signature Hard Rock elements into the gameplay. Working with Play’n Go on this custom creation has set the standard for future collaboration, and we’re confident that Hard Rock Pork N Roll will quickly become a headliner among the 2,300+ games on our top-rated app.”
To find out more about Play’n GO and its Hard Rock Digital partnership, as well as its US activity, please visit playngo.com.
The post Play’n GO announces exclusive game launch with Hard Rock Bet appeared first on European Gaming Industry News.
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Stretch Network announces Black Friday Weekend Tournament
Black Friday Weekend is here! Stretch Network introduces another player-focused initiative – the Black Friday Weekend promotion. Running from November 29th to December 1st, this event offers up to 90% discounts on buy-ins for the World Poker League tournament series.
Here’s how it works:
- Players register for special phase tournaments at a reduced cost.
- These 2-minute events don’t require player actions and provide the same starting stack as the target tournament.
- After the phase tournament ends, players are automatically registered for the main event.
- Players already in the target tournament will have their stacks combined for added excitement.
Raise with us to go all-in on player satisfaction.
The post Stretch Network announces Black Friday Weekend Tournament appeared first on European Gaming Industry News.
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