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Gambling – Doubling down on the US market, changing the game with faster payouts
We found an interesting update about the developments of the gambling industry in the USA.
Based on the blog post written by Worldpay, there have been huge developments in the gambling industry over the last 6 months. The blog post highlights a talk with Daniel Belda, VP of Digital Content & Gambling, to see what’s been happening and what’s yet to come.
You can find the full article below:
What have your top 3 highlights of 2018 been so far?
- As of 14th May 2018, the Supreme Court decided to give individual US States the ability to legalise betting on sporting events, which makes for a significant opportunity and new market dynamics.
- The World Cup fever has hit and it has been full of unpredictable results and unexpected knockouts. It’s been a very exciting time for the gambling industry.
- One of the key highlights for us is working with and learning from our colleagues across the pond in what was called Vantiv Entertainment Solutions, about the US gambling market and understanding the new opportunities our collaboration now brings across the globe.
Recently, there have been some major developments in terms of gambling in the US. What opportunities do you see these presenting gambling companies?
Although the Supreme Court decision paves the way for states to self-regulate, we will only start seeing opportunities materialize towards the end of the year once states have been able to create and vote on their legislation. We see several major players already positioning themselves to take advantage of these opportunities as soon as they become real.
What are you looking forward to the most in the 2nd half of 2018?
- From everything going on, I’m most excited about the opportunities created in the US due to the Supreme Court decision. With so much regulatory change, for the rest of the year we will be looking at how companies deal with these changes and how we can help in that process.
- Visa Direct and faster payouts have resulted in a huge shift in the gambling landscape, changing the payouts model from 2-5 days to 30 mins. This is going to enable global, regional, domestic and cross-border real-time payments. Players will benefit from faster deposits and withdrawals, and merchants can manage this through a single gateway integration.
Which gambling companies are doing exciting things – and why?
- Betfair acquiring US fantasy football company, FanDuel, earlier this year to take advantage of PASPA changes in the future.
- Stars Group have agreed to buy Sky Betting and Gaming, which would create the largest publicly listed gambling company in the world.
About Worldpay
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments technology company with unique capability to power global integrated omni-commerce. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider.
Worldpay processes over 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies. The company’s growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.
Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K. Worldpay, Inc. trades on the New York Stock Exchange as “WP” and the London Stock Exchange as “WPY.”
Visit us at www.worldpay.com.
For more information, please contact:
Worldpay, Inc. | Telephone | ||||
Emily Lahey | [email protected] | +44 (0) 203 664 5663 | |||
Louise Mead | [email protected] | +44 (0) 207 067 0585 |
Source: Latest News on European Gaming Media Network
Latest News
Nolimit City revisits the brutal factory life in Outsourced: Slash Game
Nolimit City takes you back to the grind with its latest release, Outsourced: Slash Game. For those who thought their consumerist cravings were a safe indulgence, think again. Following in the footsteps of Outsourced, this new addition pulls back the curtain on the sweat and sacrifice lurking behind those everyday luxuries—this time with a dash of danger. Outsourced: Slash Game is the studio’s second venture into crash-style gameplay, the first being xCrash™ in Skate or Die – but this time it’s a standalone crash game!
In Slash Game, players have to make some cutthroat decisions as a laser traces the outline of their hand, increasing the multiplier with every pass. Players hit “stop” to cash out, locking in the multiplier when they feel the timing is right. After which, they will be shown the potential winnings if they wouldn’t have stopped. But here’s the catch: if players hesitate a second too long and the laser slips, all the winnings are lost. A live scoreboard displays the Top Win, Top Miss and Last Round, so that players can keep track of their previous rounds.
Outsourced: Slash Game is not a familiar Nolimit City slot to some players but could cause some excitement with an increasing multiplier and a maximum payout of 1,500x the base bet. Outsourced: Slash Game, unlike Nolimit City’s high-volatility slots, is rated as ‘Medium Volatility’ but don’t let that fool you as it still includes the risk of losing your hand.
Per Lindheimer, Head of Product at Nolimit City, said: “Get back to work, will you? We’re bringing players back to the unrelenting factory floor of Outsourced with an all-new twist. Slash Game is a standalone take on our crash-style games, and it’s packed with plenty of heart-stopping moments (and maybe a few hand-stopping ones, too). We’re thrilled with how it turned out and we hope that our fans will be too!“
‘Outsourced: Slash Game’ will be available to all Nolimit City partners on November 5th, 2024.
The post Nolimit City revisits the brutal factory life in Outsourced: Slash Game appeared first on European Gaming Industry News.
Latest News
Aviatrix flying in Italy following certificate approval
Aviatrix, the groundbreaking crash game renowned for its unique engagement mechanics, is building new partnerships in Italy following the granting of a certificate in the country.
The Italian certificate enables Aviatrix to collaborate with operators regulated by the Agenzia delle Dogane e dei Monopoli, introducing casinos fans in Italy to the award-winning game for the first time.
Players at many of the biggest brands in Italy will soon be enjoying Aviatrix.
Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “We are excited to be bringing Aviatrix to players in Italy for the first time. This is a market where innovation and player engagement are highly valued, so we’re certain our product will be a great fit. And more than that, we have an opportunity to play a central role in one of Europe’s most vibrant online gaming cultures. We can’t wait to get started with operators in the country.”
Aviatrix is fast establishing itself as an important game in regulated jurisdictions, as it already is in emerging ones.
The post Aviatrix flying in Italy following certificate approval appeared first on European Gaming Industry News.
Latest News
Set sail on a pirate quest with Belatra’s Tortuga Codex
Belatra Games, the specialist online slots developer, has launched its pirate-themed title, Tortuga Codex. This 5×4 slot casts players on a journey on the hunt for untold riches buried on a mysterious island.
A Skull symbol acts as the Wild and will substitute for any other symbol to increase the chances of a win. An intriguing element to the game lies in the Additional Reel feature which sits above the main frame. It’s in sync with the main reels, displaying Wild symbols, special pirate icons, and numbers from one to nine. When three or more bomb Scatters come in, numbers on the Additional Reel become active multipliers in the bonus game. The more Scatters appear, the higher each multiplier value, amplifying the potential winnings.
In the main game, the Wild scatters a random number of Wild symbols onto the reels if there is a Scatter underneath it. When the Bonus Game is hit, the Wild symbol will be replaced by the number 9. Pirate Bob, Pirate Patrick and Pirate Girl symbols replace all minor symbols if there is a Scatter symbol underneath them. These symbols will be replaced by the numbers 8, 7 and 6 respectively.
The Treasure Chest symbol awards players with a random win ranging from 5 to 1000 bets if there is a Scatter symbol under it. This symbol is replaced by the number 5 when the Bonus game begins. A Coin gives the player a win of 10 bets on the game if there is a Scatter symbol underneath it – transforming into the number 4 for the Bonus. All numbers on the Additional Reel that fall out or appear in place of symbols will go into the Bonus Game when three or more Scatters appear on the reels. Hitting four Scatters will increase each number by one, landing five Scatters will increase each number by three – the maximum is nine.
Players trigger the Bonus Game with three or more bomb Scatters. Before it begins, the first and second cells open up on the Additional Reel at the top, then players must choose a chest that contains either a Plus, Multiplier, or a noose, which concludes the round. As players move down through the levels, the multipliers can increase depending on the chest’s bounty – the maximum is 59049x.
Sergey Chernyavski, Belatra Games’ CCO, said: “Tortuga Codex takes players deep into the perilous seas filled with hidden mysteries, legendary treasures, and ancient artefacts waiting to be uncovered on the reels. The Bonus feature gives players the perfect opportunity to chart a course to winnings.”
The post Set sail on a pirate quest with Belatra’s Tortuga Codex appeared first on European Gaming Industry News.
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