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Racing Australia tightens rules to tackle illegal online gambling
Racing Australia has introduced a new set of regulations to combat online gambling in horse racing. As per the new rules, Trainers and owners in horseracing could be booked if they are suspected of gambling with illegal betting websites. Their computers and mobile devices could be seised too.
Although Australians can legally bet on legal websites, they often prefer black market operators to regulated ones, tempted by the promise of a better product and odds. According to a 2015 report by the former Australian Council, the country’s illegal betting market was worth around A$400 million at the time and was expected to reach A$900 million by 2020.
A study by Racing Wagering Australia, the body that represents the nation’s online wagering sector, claims that the black market could be worth up to A$1.3 billion. The money goes to illegal operators who do not contribute back to Australia’s horse racing industry unlike regulated businesses.
The New Regulations
The new rules are set to come into effect from 1 August 2018. They will apply to racing horse owners and trainers. Participants in the nation’s horse racing industry could thus have their electronic devices seised for forensic image if they are suspected to be wagering with non-licensed operators.
Racing Victoria, the regulatory body responsible for the racing industry of the state of Victoria, has previously implemented a similar rule to prevent participants from engaging into illegal operations. Racing Australia will now expand that rule so that it applies to all racing authorities in Australia.
Local regulators, including Racing New South Wales, have said they welcome the new approach to illegal betting as the growing betting market poses a great threat to Australia’s horse racing industry.
News about Racing Australia implementing new rules against illegal operations come shortly after a rollout of announcements from various Australian states and territories that they would implement a point of consumption tax on regulated betting operations.
Most recently, New South Wales confirmed that it would be taxing licensed operators at 10 per cent on their revenue from the state. The new tax would be implemented from 1 January 2019.
Source: casinonewsdaily.com
Source: Latest News on European Gaming Media Network
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ZITRO CONTINUES MAKING GAMING HISTORY IN TORREMOLINOS
At the recent Andalusian Gaming Expo and Congress, Zitro unveiled its latest products, leaving a lasting impression with games tailored for the Spanish market.
Zitro continues making history, as evidenced by the huge success of its Fu Frog game in Torremolinos. The game’s popularity has spread throughout Spain, with impressive revenue and player engagement. Fu Pots, showcased in Torremolinos on the Allure Glare cabinet, shares the same incredible features as Fu Frog, but this time, magical pots take center stage, multiplying prizes, doubling bonuses, and granting extra lives.
As a new addition, Mighty Hammer Ultimate was showcased on the Altius Glare cabinet, where the power of the hammer of Zitro’s renowned game will be felt even more intensely. Epic Kingdom, also on the Altius Glare cabinet, features an innovative bonus “3-level Link”, that adds three more levels of excitement to the bonus screen. Billy the Pig has also been a standout product at the show, with its super dynamic bonus that’s unlike anything seen before in Spanish gaming halls. It’s already proving to be very popular in the venues where it’s being installed.
As for video bingo, the company’s leading market segment, Zitro has offered a wide range of captivating titles, such as The Great Wealth or Fratelli Pizza, which include free games such as Stravaganzza Da Vinci and Stravaganza Double Bonus, greatly increasing access to bonuses.
In his first event as General Director of Zitro Spain, Albert Zorrilla stated, “It’s been an absolute pleasure sharing this marvelous time with the authorities and operators. I would like to thank the many visitors to our booth for their interest in our gaming offer, which will continue to grow in the coming months with innovations that will change the gaming landscape and continue to rewrite the history of gaming in Spain.”
The post ZITRO CONTINUES MAKING GAMING HISTORY IN TORREMOLINOS appeared first on European Gaming Industry News.
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Scientific Games Fast Play Games Lead Retail Performance in U.S.
Company’s Fast Play Games Are Industry’s Highest Performers, Kansas Lottery is Latest to Launch
Scientific Games reports that the global lottery company’s games lead retail performance in the top three Fast Play lottery markets in the U.S. based on per capita retail sales.
- Vermont Leads the Nation: The Vermont Lottery holds the No. 1 spot for Fast Play retail weekly per capita sales in the U.S. The Lottery achieved significant growth in its Fast Play product category after moving to Scientific Games as its new lottery system provider in 2022. In the first 52 weeks after conversion, sales increased by 93% and grew an additional 33% in fiscal year 2024 versus fiscal year 2023.
- Growing Popularity: Fast Play games are currently offered by 27 state lotteries. In fiscal year 2024, Fast Play games generated a total of more than$1.5 billion in sales. Scientific Games’ Fast Play lottery customers – Arizona, Iowa, Maine, Maryland, Oklahoma, Pennsylvania and Vermont – each achieved year-over-year sales increases. In the next 24 months, two more U.S. lotteries are expected to launch Scientific Games Fast Play games. One of the company’s current Fast Play lotteries plans to launch a $50 product.
- Kansas Joins the Trend: The Kansas Lottery is the most recent to launch Scientific Games’ Fast Play products. The company’s high-performance Fast Play games debuted this summer, giving players in Kansas the opportunity to win instantly from a terminal-generated game. Scientific Games has provided the Kansas Lottery’s systems technology since 2018. The company’s advanced data analytics guided the strategy for the Kansas Lottery’s Fast Play portfolio planning and launch.
Stephen Durrell, Executive Director of the Kansas Lottery, said, “Our vision is to continue working with Scientific Games to modernize the Kansas Lottery with new technologies and new games like Fast Play so that we remain exciting and relevant to our players and retailers, and continually improve our contributions to the state of Kansas.”
Scientific Games’ combination of consumer research insights with advanced data analytics guided the strategy for the Kansas Lottery’s Fast Play portfolio planning and launch. A total of 10 Fast Play games at the $1, $2, $5, $10 and $20 price points have launched across the Kansas Lottery’s retailer network at both self-service and clerk-operated terminals. At launch, the most popular game was at the $1 price point. To date, a $20 game is generating the most sales.
Leslie Badger, VP of Lottery Content for Scientific Games, who brings 25 years of industry expertise to the product, said, “We worked with the Kansas Lottery’s team to implement a strategic, targeted approach to launch its new Fast Play games, employing a managed portfolio strategy similar to our proven method for scratch-off games. This requires advanced data analysis to do correctly, and we are very pleased with the results in Kansas.”
Scientific Games provides retail and digital games, technology, analytics and services to 150 lotteries in 50 countries around the globe, including most every lottery in North America.
© 2024 Scientific Games, LLC. All Rights Reserved.
The post Scientific Games Fast Play Games Lead Retail Performance in U.S. appeared first on European Gaming Industry News.
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Clarion provide a new home for industry leaders and policy makers with launch of the ICE World Gaming Forum.
ICE organisers have taken full-advantage of the additional space and enhanced facilities its new home, the Fira Gran Via Barcelona, offers to launch the World Gaming Forum (WGF), an immersive three-day learning, networking and knowledge sharing exchange which replaces ICE VOX.
Expanding on the creation of the WGF, Clarion Gaming’s Managing Director Stuart Hunter, who is leading the project to migrate ICE and iGB Affiliate, the industry’s two leading event brands from London to Barcelona explained: “The move to Barcelona was all about the opportunity our new home provided to elevate absolutely everything that we do and in the process build on our status at the intersection for all sectors of the global gaming business and drawn from all areas of the globe.
“The World Gaming Forum has been adopted to more accurately reflect the credentials of our industry-leading brands comprising the World Regulatory Briefing, the new Casino & Leaders Conference (formerly the ICC), and the new Esports & Games Conference (formerly the Esports Betting Conference)”
“In 2024 we succeeded in bringing together over 1,210 senior decision makers from 79 countries, including 621 operator C-Level, 87 global CEOs, 72 national and regional regulatory bodies, and 7 government ministers, and the enhanced ICE World Gaming Forum will deliver exclusive connections and content across our three conferences, in-depth workshops, high-level roundtable discussions, and tailored networking events, providing a home for the industry’s thought-leaders, innovators, challengers and policy makers.”
He added: “The outstanding facilities at the Fira Gran Via Barcelona, which is one of the largest and most modern venues in Europe, reflects the World Gaming Forum’s status as the premier platform for discussion, knowledge sharing and collaboration between the global gambling industry and the law makers who regulate them – a dynamic which is essential for the development of a progressive, responsible and sustainable industry.”
Situated in the heart of the venue space and featuring an exclusive club-style VIP lounge for delegates and speakers, dedicated networking garden, and a range of concierge services, the ICE World Gaming Forum will run Monday 20th – Wednesday 22nd January alongside the ICE and iGB Affiliate exhibitions.
The post Clarion provide a new home for industry leaders and policy makers with launch of the ICE World Gaming Forum. appeared first on European Gaming Industry News.
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