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CashBet announces new executive team appointments and advisory board members

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cashbetcoin CashBet announces new executive team appointments and advisory board membersReading Time: 2 minutes

Industry leaders join CashBet’s mission to create the most complete blockchain-powered iGaming platform

 

OAKLAND, CA — MAY 9, 2018 — CashBet, the complete blockchain-powered iGaming platform, today announced the hiring of Tarun Gaur as Vice President of Engineering, Jeremie Kanter as Vice President of Compliance, and Kyle Piasecki as Casino Manager. The company also announced the addition of Matteo Monteverdi and Daniel Phillips to its advisory board. The new appointments to CashBet’s executive team and advisory board follow the successful completion of its CashBet Coin (CBC) token sale. CashBet enables iGaming platforms, including crypto casinos, to deliver user-friendly, secure, and regulatory-compliant payments.

As Vice President of Engineering, Tarun Gaur will lead CashBet’s efforts to deliver on its post-token sale roadmap, further developing its suite of services for partner iGaming platforms. Gaur previously held roles as Vice President of Mobile and Messaging at AOL and in management at Microsoft, Deloitte, and HP.

Jeremie Kanter joins CashBet from Playtech, where he worked for 12 years, most recently as head of B2B and B2C compliance. CashBet empowers operators with everything needed to run a legal and profitable iGaming business, and Kanter will work to ensure licensing options adhere to regulatory requirements as CashBet expands to new jurisdictions.

As Casino Manager, Kyle Piasecki will manage CashBet’s partnerships with new and existing iGaming platforms and collaborate to strategically introduce updates to CashBet’s plug-and-play offerings. Piasecki joins CashBet from Caesars Entertainment, where he held senior roles in marketing and VIP management for online gambling properties in Atlantic City.

CashBet’s newest advisors are leaders in the casino gaming sector, and will lend their expertise to help guide CashBet’s rapid expansion plans. Matteo Monteverdi was most recently the SVP of Global Digital Products for IGT, a multinational gaming company owned by GTECH that produces slot machines and other gaming technology. Previously, Mr. Monteverdi held senior executive roles at GTECH and Lottomatica. Daniel Phillips served most recently as Vice President of UK Operations at Playtech and was CEO of Chartwell Games.

Our vision is to expand the market presence of what is currently the most complete blockchain-powered iGaming platform in existence,” said Mike Reaves, CEO of CashBet. “The outstanding leaders who have joined our executive team and advisory board will play an important role as we continue to grow our world-class iGaming offering designed for a crypto-ready future.

Founded in 2012, CashBet is the leading mobile-first iGaming platform, supporting more than 450 games. As the only crypto-casino platform licensed by the world’s most reputable tier-one gaming jurisdictions, CashBet delivers an iGaming experience that is user-friendly, secure, and compliant across jurisdictions.

 

About CashBet:

CashBet is a leading mobile-first iGaming platform provider and turnkey operator. CashBet’s platform empowers real-money, social, and skill-based gaming apps and websites worldwide. By integrating CashBet’s software, game developers can legally launch online gambling games without needing to be licensed. With CashBet’s feature-rich platform, operators gain access to player segmentation, bonusing, campaign management, and other patented features to enable a profitable iGaming operation from day one. CashBet is licensed by the Alderney Gambling Control Commission and the UK Gambling Commission. For more information, please visit www.cashbet.com.


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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European Gaming News

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.

 


Source: European Gaming News

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