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Tomas Draksas (Edgeless) to join the Innovation Talks – Evolution of technology vs Gambling Regulators panel discussion at CEEGC2018

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Budapest – 21 August 2018 – Over the last twelve months or so, the whole world has woken up to the phenomenon of cryptocurrency. Bitcoin’s sudden and dramatic increases or decreases in value have been in the headlines everywhere, but we must not forget that the blockchain technology behind it is the most interesting aspect for many.

As often quoted, blockchain would seem to be a perfect solution for the gambling industry in general and online gambling in particular. Especially since many millions of transactions carried out between players and gambling sites each day – both in terms of stakes being laid down and winnings being collected. If these can be made quickly and directly without the need for an intermediary such as a bank or a credit card company being involved, it would be good for both parties.

If we take a look at the player, the anonymity of the exchange, not to mention the speed, are both very appealing features. Plus, the low (and sometimes non-existent) fee is obviously good news for the online casino, which may be paying up to 5% to carry out some transactions, allowing it to plough more money into marketing, new games, or better jackpots.

We must also mention that the blockchain is such a secure method of payment is obviously very important at a time when data breaches and other security issues are very much on the increase. Due to its decentralised attributes, it makes it virtually impossible to alter any data – offering a protection against online fraud.

But where does this leave the regulator, who has to ensure the protection of the player and also contribute to the state’s budgets when it comes to a regulated market. Based on our data, nowhere. The regulators and legislators can’t keep up with it and this leaves a serious gap in the regulation of certain market when it comes to crypto gambling.

Cryptocurrency only appeals to a select few gambling operators. At the moment, the potential consequences of flouting money laundering regulations vastly outweigh the nice-to-have benefits of greater efficiency and security.

We are honored to announce Tomas Draksas is the Co-founder of Edgeless, as the latest speakers who will join the “Innovation Talks – Evolution of technology vs Gambling Regulators” panel discussion and share the insights of this new way of gambling.

Tomas Draksas is the Co-founder of Edgeless, Professional Poker Player & Gambler, who has been recently making waves in the crypto gambling industry. He will join Joakim Renman (Scout Gaming Group), Adriaan Brink (BetterBetting) and Domenico Mazzola (Altenar) in the panel discussion moderated by Dr. Joseph Borg (WH Partners)

About Tomas Draksas

In 2008 – 2013, online poker was on the rise and a lot of new players were jumping into the game. At that time, Tomas decided to study the math of probability and poker. Later on, his direction changed to investing, cryptocurrency and digital marketing. He is the CEO of a conversion rate design company (Convi Design) which provides solutions to start-ups in the field of conversion rates and sales funnels. Additionally, he is investing into other start-ups. Right now Tomas is a Co-founder of Edgeless.io first fully transparent decentralised Ethereum casino.

Make sure you grab your seat in time and attend the most prestigious boutique style gaming event which gathers C-level executives yearly in one of Europe’s most visited city. Register here!

You can browse the full agenda and already confirmed speaker list on the following link.

Quotes about CEEGC Budapest from attending delegates

Rafal Nowak – iGaming Sales Director at Mobiyo

“A week after the Budapest Gaming CEE conferences, I’m still discussing the topics brought up there with fellow delegates. Thank you Zoltan Tundik for organizing an informative an well shaped event on this, often underestimated iGaming territory and good luck with the next one!”

Roy Pedersen – CEO & Chief Editor at All In Translations

“For All-in Translations’ 10 Year Anniversary Tour we decided to attend more smaller conferences. Zoltan and Betty are much of the reason for this. They have a unique way of giving a personal touch to the events they organise while at the same time keeping them highly relevant. CEEGC Budapest was another great example where we felt truly welcome, and at the same time it was great for business.”


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Soft2Bet recognised as Innovator in iGaming Entertainment by SBC Awards 2025

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Soft2Bet has won the Innovation in Casino Entertainment award at the SBC Awards 2025 for its MEGA (Motivational Engineering Gaming Application) solution, recognising the product’s impact on player experience.

Soft2Bet is continuously reshaping the industry through its cutting-edge technologies, bridging the gap between casino and casual gaming. Rather than relying on bonus-heavy acquisition, Soft2Bet unites rigorous compliance and AML policies with fast-moving product innovation and a start-up spirit, bringing leadership and talent together behind MEGA to deliver compliant growth and stronger retention.

iGaming Powered by Entertainment

In 2024, Soft2Bet was recognised for innovation across its platform, including its casino and sportsbook products. This year, Soft2Bet has demonstrated that gamification is entertainment, offering players meaningful progression, real choice and localised experiences. In challenging European markets, Soft2Bet’s brands act as a proof of concept with their successes, demonstrating higher retention, stronger engagement, and sustainable performance, achieved responsibly and without having to rely on excessive bonus offers.

One gamified system for market growth

Gamification in iGaming has evolved from a simple marketing add-on to a core design philosophy that shapes the entire player journey. The Innovation in Casino Entertainment Award recognises this industry-wide shift and sets a clearer standard for the sector. Soft2Bet’s MEGA gamification engine transforms this concept into a unified engagement layer across the casino, fully configurable by market and grounded in missions, seasonal events, and transparent rewards. The result is not only better entertainment and stronger loyalty among players, but also a sustainable model that aligns with local licensing requirements and supports long-term growth.

Rasmus Sojmark, CEO and Founder of SBC, commented: “Soft2Bet is a shining example of innovation in action, so massive congratulations on winning the Innovation in Casino Entertainment award. Their MEGA product is a true benchmark for innovation, and their role in leading the Gamification Academy, which we introduced this year at SBC Summit, shows that they are not only innovators but also knowledge leaders who willingly share their expertise with the entire industry. Their work continues to raise the standard for what entertainment can and should be, so big kudos to the team.”

Oksana Tsyhankova, CCO at Soft2Bet, said: “Soft2Bet team accepts the challenge of delivering the best customer experience and bringing new entertainment to the iGaming industry. We are proving it by aligning leaders and talent across product, compliance and B2B, and by applying strong design, localisation and brand-building expertise”.

Beyond its award-winning product innovations, Soft2Bet also supported the Legends Charity Game, helped to facilitate the Gamification Academy that managed to gather the full audience hall of operators, and judged the inaugural First Pitch competition to bring a fresh layer of interactivity to the event and create something greater, contributing to the industry.

The post Soft2Bet recognised as Innovator in iGaming Entertainment by SBC Awards 2025 appeared first on European Gaming Industry News.

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BOS welcomes proposal to expand criminalization of unlicensed gambling companies

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BOS – the Swedish Trade Association for Online Gambling – comments on the inquiry into the so-called scope of application of the Gambling Act that was submitted to the Ministry of Finance today. The inquiry proposes that passive acceptance of Swedish gambling consumers shall be illegal for gambling companies that do not hold a Swedish gambling license. Gambling companies without a Swedish gambling license must therefore take active measures to exclude Swedish gambling consumers.

BOS welcomes the proposal and has been working towards such a change in the law ever since the reregulation of the Swedish gambling market in 2019.

This is an important contribution to the possibility of strengthening the Swedish gambling license market, which is now proposed to criminalize almost all unlicensed gambling in Sweden. I foresee the government shortly submitting a bill to the Riksdag in accordance with the investigation’s proposal. Good job Mr. Investigator and with the hope of equally good job from the government and the Riksdag to now proceed with legislation on the matter. Unlicensed gambling in Sweden must be smoked out,” says BOS Secretary General Gustaf Hoffstedt.

The post BOS welcomes proposal to expand criminalization of unlicensed gambling companies appeared first on European Gaming Industry News.

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Midnite Express: UK sportsbook laying on free coach travel for football fans

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Midnite, Southampton’s official training kit partner and Sheffield United’s principal partner, will be putting on coaches – free of charge – for Saints fans for their 460-mile-round trip to Bramall Lane next Tuesday

UK sportsbook Midnite will be supplying free coach travel for Southampton fans for their trip to Sheffield United on Tuesday, September 30.

Midnite is the official training kit partner of Southampton and the principal partner of Sheffield United for the 2025/26 season, has created The Midnite Express to cover the near 500-mile-round trip to and from Bramall Lane.

The lucky Saints fans will be joined on The Midnite Express coaches by three Southampton legends, with one being none other than Matt Le Tissier.

Le Tissier, who scored 100 goals in 270 top-flight appearances for Saints, said: “With the cost of living crisis that we’ve got going on in this country at the moment, with the train services, it’s really difficult for fans to get to and from these away games.

“And I think The Midnite Express initiative of putting coaches on for the fans to get up to Sheffield United is absolutely brilliant.

“I’ve never been to an away game on an official coach with loads of other Saints fans, so I’m really looking forward to it and looking forward to engaging with the fans on the bus.

“I’m sure we’ll have a good laugh and we’ll have an interesting journey, that’s for sure!”

Andrew Mook, Head of Brand Marketing at Midnite, added: “We’re absolutely delighted to launch The Midnite Express and to be able to offer Southampton supporters free coach travel to and from our principal partner, Sheffield United.

“It’s hugely exciting for us to support the fans in this way and to give them the chance to follow their team without worrying about transport costs for a long midweek journey. It means more Saints fans can focus purely on supporting their team.

“We hope this makes the journey feel a lot closer, and the matchday even more special.”

The post Midnite Express: UK sportsbook laying on free coach travel for football fans appeared first on European Gaming Industry News.

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