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Moldova is handing over control over gambling and lotteries to foreign companies

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Chisinau Moldova is handing over control over gambling and lotteries to foreign companiesReading Time: 2 minutes

Gambling is a state monopoly in Moldova, and now the country is handing control over gambling and lotteries to two foreign companies under a public-private partnership.

The APP (Moldova’s Public Property Agency, ), will no longer hold a monopoly on gambling and lotteries, as the state announced plans to implement a public-private partnership project with two EU member companies.

The first contract, relating to slot machines, has been won by Novo Gaming M Technologies GmbH, part of the Austria’s Novomatic consortium operating.

Novomatic, owned by Austrian billionaire Johann Graf, 71, operates in 45 countries, and exports high-tech gaming equipment to more than 70 countries all over the world.

The company is one of the largest gaming technology companies in the world. It has 25,500 employees worldwide, operating in over 2,100 locations with a total of 260,000 game machines and electronic roulettes.

The second contract, regarding the lottery and sports bets, has gone to NGM SPC Limited, formed by Market AD, National Lottery AD and NGM SPC Limited.

The companies are part of National Lottery AD, the largest licensed gambling operator in Bulgaria.

Media reports say the company over the past three years has enjoyed one of the highest growth rates in the South-Eastern Europe.

It is owned by Bulgarian Vasil Krumov Bozhkov, 62, a controversial businessman mentioned in the US diplomatic telegrams revealed by WikiLeaks as nicknamed “the Skull”. Bozhkov, who has never faced charges, has not commented on the claims made about him in WikiLeaks.

The Moldovan state has secured a good revenue from the companies’ activities. The proposal is that 75 per cent of the revenue generated in the lottery sector be returned to the National Lottery of Moldova, NLM.

For sports bets, the NLM will receive 90 per cent of the revenues.

The share of gross revenue from slot machines that will come back to the NLM is 51 per cent, which is a higher percentage than in other European countries operating similar public-private partnerships, like Romania, noted APP in a press release.

In June 2016, the leader of the ruling party Vlad Plahotniuc “declared war” on illegal gambling in casinos in Moldova and on the gambling addiction that had ruined some people’s lives.

In November 2016, about 200 policemen stormed and shut down all the casinos in the country over just one night, with Plahotniuc claiming the success of the operation.

On 5 December 2016, a draft law written by ruling party deputies stipulated that the managing and development of gambling activities, except for casinos, was now a state monopoly, to be carried out only through the National Lottery of Moldova. Parliament adopted the law quickly on December 22, 2016.

 

Source: BalkanInsight


Source: European Gaming News

European Gaming News

Could UK Government Policy Threaten Online Betting Promos?

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Untitled-2 Could UK Government Policy Threaten Online Betting Promos?

Most observers would agree that the UK political class is pursuing a dialogue on the very nature of the gambling industry. The headline issue is, of course, fixed-odds betting terminals (FOBT’s), which have been the focus of a huge campaign. This week the UK Chancellor, Phillip Hammond, announced that the maximum stake in these gaming machines will be cut dramatically starting in October 2019. The move has cross-party support, and even the gambling industry has been vocally supportive, knowing that it at least makes sense from a PR perspective to seem concerned about the issue.

However, FOBT’s are not the only issue being discussed about the industry in the UK, with some changes perhaps having a big impact on punters. Advertising has come under scrutiny recently, with an almost saturated feel to the volume of sports betting adverts played on television during events like Premier League games. Sky, the UK’s dominant figure in sports broadcasting, has agreed to ‘regulate itself’ and limit the number of betting adverts beginning at the start of the 2019 Premier League season.

Sky moving to restrict advertising

The move by Sky, while seemingly commendable as they will lose out on a chunk of the estimated £460 million gambling companies spend on advertising in the UK, is also indicative of the fact that the landscape is changing. The Labour Party, in particular, has signalled that they will try to put curbs on many aspects of the industry should they win the next election. For example, Labour deputy leader, Tom Watson, has called for a ban on funding accounts with credit cards and any advertising during live sports events.

However, one area that will be keenly watched by casino players and bettors is that of promotions. Incentives like free bets, price boosts, reload bonuses and the rest are the “carrot” that usually acts as a tipping point to encourage a player to join a new site, but they are certainly not the only reason why people bet. If a Government decides that promotions force people to bet, rather than supplement a decision that has already been made, could they too be in the firing line as the UK authorities try to further regulate the industry?

Free bets offers popular with punters

One would argue that would come to the detriment of the customer, rather than the industry. Consider how a punter might want to bet with William Hill on Real Madrid at 12/1 to win the Champions League, or the Boston Celtics at 7/1 with Bet365 to win the NBA Championships; they could check a list of free bet no deposit 2018 offers and potentially make their bet for free. Is it fair to take away those incentives from the customer?

1 Could UK Government Policy Threaten Online Betting Promos?

There is a fine line between the idea of a promotion and the “bet now!” command that is being looked at by the Advertising Standards Agency, but it’s hard to know where that line will be drawn in the future. Punters would be irate to learn that they can’t, for example, go to a bookie and find an incentive like a price boost on the current odds of 12/1 for Chelsea to win the Premier League.

In the end though, money usually settles these matters. While the UK Government has made moves on FOBTs, it was slow-acting because bookmaker shops were keen to point out that those betting terminals equate to jobs. 2017/18 was estimated to have raised £2.8 billion in gaming tax receipts for the UK Exchequer. The Government will be loath to jeopardise that income. The point is: if the bookies can make their case, those promos will be here to stay.

 

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Pragmatic Play roars to life with 5 lions

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New release sees ancient spirits guarding amazing riches

15 June 2018: Pragmatic Play, the multi-award-winning games provider, has announced the launch of 5 Lions, a 3×5 video slot steeped in myth and legend.

Chinese iconography lights up the reels of 5 Lions, with turtles, phoenixes and dragons appearing covered in glittering gemstones.

The mystical lions of the game’s title act as the wild symbols, granting the player a random multiplier of up to 40x and springing to life when they appear in any winning line.

Melissa Summerfield, Chief Commercial Officer at Pragmatic Play, said: “Our suite of high quality games continues to go from strength to strength, and 5 Lions is a great addition that we are proud to introduce to our partners and players.

“The game’s mystical air is complemented by an engaging and visually satisfying array of bonus content, and it certainly has the potential to keep players coming back.”

Three gilded yin-yang symbols unlock 5 Lions unique free spins feature, expanding the three central reels to four symbols in height and boosting the potential ways to win from 243 to 576.

Players then have the opportunity to choose between seven lions, offering a wide selection of different multiplier ranges. These options range from six free spins with a range of high multipliers (15x, 30x, or 40x) to 25 free spins with a range of lower multipliers (2x, 3x, or 5x).

Pragmatic Play’s portfolio contains more than 80 proven HTML5 video slots, including Wolf Gold, Chilli Heat and The Champions. These titles are now live with a growing list of leading casino brands, including Mr Green, Betsson and LeoVegas.

For more information on this release or to arrange an interview please contact Tom Lewis at Square in the Air on 020 3586 8257 or tom.lewis@squareintheair.com

About Pragmatic Play

Pragmatic Play is one of the fastest growing providers of slots games in the online gaming industry. It has proven expertise in creating mobile and desktop content that engages modern players. Its expanding portfolio features more than 80 proven HTML5 titles, which support 26 languages and all major currencies, and are built on unique in-house designs.

The provider’s games are attuned to the needs of players and operators in regulated markets all over the world and are now a fixture on many of the leading casino brands.

For more information please visit http://pragmaticplay.com/

Source: European Gaming News

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21Bet upgrades Sportsbook with Digitain

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digitain-21bet 21Bet upgrades Sportsbook with DigitainReading Time: 2 minutes

June 15th, 2018 – Digitain the multi-channel casino and sports betting platform provider confirmed that Malta-licensed 21Bet had been successfully migrated to Digitain’s fully managed sportsbook solution.

21Bet is operated by Aureate Gaming Solutions Ltd and is also the official shirt sponsors of Waterford FC. Under the agreement, Digitain provided its API technology for 21Bet’s online operations including a new improved version of their sportsbook, with features that include cash out, edit my bet, and express bonus and the latest promotional tools for player marketing acquisition and retention.

Digitain CEO, Suren Khachatryan, said: “21Bet is a growing brand in Europe and we are delighted to be their technology partner of choice. Digitain’s frictionless API integration along with our fully managed Sportsbook will deliver 21Bet with enhanced user experience and over 30,000 real live monthly events and full coverage of the most popular sports in Pre-match and Live Betting, and cash out options. 21Bet will also have access to the latest World Cup content zone, including team news, standings, and head-2-head to further engage players throughout this year’s largest betting tournament.

James Hudson CEO at 21bet, said: “Our company’s vision is to have the optimal strategic partnership with our technology providers. Digitain has a proven international and European market expertise, and their technology allows our brand to be agile and flexible, and in control of our roadmap to adapt to ever-changing market conditions and player preferences. The Digitain team are a delight to work with and they made the migration to our new sportsbook as smooth as silk!

 

About Digitain:

Digitain has more than 1,000 employees, 35+ global partners, and more than 400 betting shops worldwide.

The multi-channel Digitain Gaming Platform allows for a frictionless turnkey or white-label solution for both land-based and online operators via our API’s to integrate a sportsbook, casino, live dealer, and virtual sports modules. The stack also includes an extensive payment gateway, bonus engine, CRM system, and dedicated customer support 24/7.

The sportsbook product covers 30,000 live events each month, across 65 sports taking in 7,500 leagues, and more than 3,000 betting markets, while our casino solution has 3,000+ games from the likes of NetEnt, Microgaming, and Playson and many more.

 


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