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Exclusive Interview with Matthew Stafford, CEO at BlockChain Innovations Corp

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Matt-Stafford-Interview Exclusive Interview with Matthew Stafford, CEO at BlockChain Innovations CorpReading Time: 4 minutes

It is my great pleasure to bring to you my latest interview. This week we once again focus on the role of blockchain in the gambling industry as it still is a trending topic. And what better way to get a glimpse into the vertical, then asking the experts of the industry. Matthew Stafford has been appointed as CEO of BlockChain Innovations Corp. this April and he has since than given speech at many industry events. It is high time we got the chance to pick his brain in our unique style. See below our interview with Matthew.

Let’s start with a few words about yourself. Our readers love to hear top-class professionals describing themselves.

Matthew: Thank you for a very kind introduction. I’ve spent 10 years in regulated gaming and public markets as an attorney, most recently with Scientific Games and NYX Gaming Group where I helped take that company public in Toronto in 2014 through its acquisition of Openbet Technologies Limited; the world’s largest sportsbook platform provider in 2016. I’ve had the opportunity to work with hundreds of gaming clients both brick-and-mortar and in the digital space, as well as payment providers, data and compliance vendors and the multitude of gaming software platforms around the world.

You took over as CEO of Blockchain Innovations Corp (BCI) about four months back. What are your early reflections on the job?

Matthew: It’s a very exciting and busy time. We are bringing a disruptive technology to two markets – both the commercial gaming industry for operators and the public market in Toronto for investors.

There is a lot of interest in both sectors around the technology and what it can do. In the capital markets, it’s about building blockchain companies as a value-added segment that gives depth to cryptocurrencies beyond price speculation and mining. For the gaming industry, it’s about building a modern gaming and payment platform that is compatible with conventional technologies so that our operator clients can offer blockchain wagering now and be poised for the future.

You studied law and started your career as a legal intern. How does your legal background help in your functioning as the CEO of BCI, especially as cryptocurrencies and other blockchain financial solutions are still viewed with suspicion by the regulators in several countries. 

Matthew: I was fortunate enough to work in gaming – at leading slot manufacturer Aruze Gaming America, Inc. – before graduating law school. As the Assistant General Counsel there, I obtained over 150 gaming licenses for the company worldwide and won approval for hundreds of devices. I also oversaw regulatory compliance at NYX and that foundation provided me with the ability to navigate complex regulatory issues, just like the treatment of crypto and blockchain with regulators. A working partnership and understanding of the regulatory schemes behind those agencies is crucial in terms of finding a viable solution for the industry in any circumstance.

What is important to note regarding uncertainties around crypto and blockchain is that, although perhaps skeptical, regulators are addressing the issue. There is positive movement towards adoption; the regulation/licensing frameworks that are being considered are being conducted by many jurisdictions and the outcome is to find that balance of providing the industry with competitive technology while meeting the regulatory objectives within a particular jurisdiction.

Can you tell us more about BCI’s soon to launch cryptocurrency wallet, Pebwallet, and its PebbleShare tipbot?

Matthew: Pebwallet.com is our fully-functional cryptocurrency wallet for users to manage and exchange multiple cryptocurrencies for smart-contract coins. They can also buy, sell, and exchange wagers via our PebbleShare tipbot. The wallet communicates to any existing operator’s PAM via an API and, in addition to standard transaction accounting and reporting, operators may permit wagering between players using pay-as you-go cryptocurrency where no money is on deposit as well as players with fiat currency on deposit, in their existing operator account.

Once activated, users with popular cryptocurrencies such as Bitcoin and Ethereum may then exchange those coins for PebbleCoin and begin placing smart-contract wagers. PebbleCoin, the gaming-by-design crypto-currency BCI’s technology utilizes, is one of the first cryptocurrencies to use smart contracts and trade them as freely as coins.

BCI claims that its blockchain social betting solution has something unique and innovative that the competitors, especially Bitcoin and Ethereum, do not have: basically, BCI’s solution does not have a lag in provable transaction confirmation. Could you explain about its practical real-time implications?

Matthew: BCI has provably instant confirmation of transactions, or bets integrated within its technology and our cryptocurrency PebbleCoin. The confirmation time for Bitcoin is 1 hour and Ethereum is 180 seconds. The implication of that 180 seconds to 1 hour is that live wagering environments are not possible with Bitcoin or Ethereum since there is an ability for one side to “roll-back” the transaction on the blockchain. If this were the case, users could cancel bets when the line prices move against their position – that’s not feasible in a betting market.

These are good times to be a betting solution provider in the USA, as the US supreme court has repealed PSPA, which would inevitably lead to the legalization of sports betting in many US states. How do you see the prospects for BCI?

Matthew: We see a lot of opportunity for operators to be “born on the blockchain”, that is to have a blockchain wagering offering for their players as their sole platform or a complementary offering to their player base. With the 6-3 United States Supreme Court decision striking down a 1992 law prohibiting such sports betting outside of Nevada, and the American Gaming Association estimating there is over $250 billion wagered annually in the US, it is a promising time for the sector.

Those figures mean that the demand for suppliers in the US will exceed the capabilities of conventional platform providers. We anticipate operators that want to be live when authorized by their state will look to blockchain as a modern technology that is able to offer a full solution for their sports wagering operations. Along those lines, because of the near-zero cost to operate our system, Tribes and state sports lotteries stand to gain the most from a blockchain solution since those savings go directly back to the taxpayer or tribal entities managing gaming operations for the tribe.

About BlockChain Innovations Corp.

Blockchain Innovations is headquartered in Las Vegas. The company designs and develops market ready blockchain technology for public and private real-money wagering and peer-to-peer gaming companies across the globe.

The company’s blockchain technology consists of a fully functional crypto-currency wallet, a tipbot – PebbleGo for easily sending and receiving smart contracts, and its smart contracts platform – the ideal wagering eco-system for instant confirmation, where contracts are tradeable, divisible, transferable and new wagering not available in traditional retail or online markets.

The company’s technology is built around PebbleCoin, a gambling-by-design cryptocurrency that has been mined since 2015. Pebblecoin’s unique features make it the only crypto-currency that can facilitate real-time wagering.

For more details visit www.blockchaininnovations.info


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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Nominations are open for the 2019 edition of Southern European Gaming Awards (SEG Awards)

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SEG-Awards2019-NominationsPhaseOpen Nominations are open for the 2019 edition of Southern European Gaming Awards (SEG Awards)Reading Time: 2 minutes

 

The SEG Awards is part of European Gaming Congress and rewards both B2C operators and B2B providers for their commitment in Southern Europe, with categories ranging from customer service to social responsibility, future thinking, and development in all verticals of the industry.

We are happy to announce that the nominations for the newly launched awards ceremony is in full swing and you may consider this article as an open invitation to nominate your company for the SEG Awards, which is part of European Gaming Congress (EGC), and will take place in Milan (Italy) on the 8th of November at Radisson Blu Hotel Milan.

The SEG Awards is a new award in the European Gaming Media and Events portfolio and will follow the same transparent process as for CEEG Awards and BSG Awards

The award will be given to the top gaming companies (affiliates, B2C operators and B2B providers) that are active in Southern Europe, also known as Mediterranean Europe and are active in any of the following countries: Italy, Malta, Greece, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Slovenia, Spain, Cyprus and Portugal.

The categories in 2019 are the following:

  • (Affiliates): Best Bingo Affiliate
  • (Affiliates): Best Casino Affiliate
  • (Affiliates): Best Sports Betting Affiliate
  • (Operators): Best Bingo Operator
  • (Operators): Best Lottery Operator
  • (Operators): Best Casino Operator
  • (Operators): Best Sports Betting Operator
  • (Operators): Best Customer Support in Casino
  • (Operators): Best Customer Support in Sports Betting
  • (B2B – sports ): Best Sports Betting Innovation
  • (B2B – sports): Rising Star in Sports Betting Technology
  • (B2B – sports): Best Overall Sports Betting Provider
  • (B2B – sports): Best Mobile Betting Provider
  • (B2B – sports): Best Overall eSports Service Provider
  • (B2B – sports): Best Overall Virtual Sports / Fantasy Sports Provider
  • (B2B – sports): Rising Star in the Virtual Sports / Fantasy Sports
  • (B2B – casino): Online Casino Innovator
  • (B2B – casino): Rising Star in Online Casino Technology
  • (B2B – casino): Best Online Casino Provider
  • (B2B – casino): Best Slots Provider
  • (B2B – casino): Best Live Casino Provider
  • (B2B – casino): Best Mobile Casino Provider
  • (Connected): Best Overall Payment Service Provider
  • (Connected): Best iGaming Service Provider (Translation and Localization, Hosting Services, Consultancy, Marketing)
  • (Connected): Best Testing Laboratory
  • (Connected): Best Support for Responsible Gambling

Nominate your company here | Register now | View the Provisional Agenda/Program

The European Gaming Congress (EGC) is specially designed to bring together industry experts, regulators, operators and service providers from all across Europe in order to discuss burning issues some of the markets are facing when dealing with compliance in licensing, operation and marketing.

The congress is organized yearly in autumn, gathers +125 C-level executives and gives the opportunity to discuss collaboration opportunities, learn about compliance updates and harvest the tech & marketing-related information which is presented by industry leaders from the ever-evolving international gambling industry community.

The second edition of the yearly must-attend conference of the gambling industry will focus on bringing new content and a different angle of view from the already established and emerging market.

The discussions include compliance and investment opportunities in regulated jurisdictions such as Italy, Malta, Spain, Portugal, France, Belgium, Netherlands, Luxembourg, Austria, Germany, Switzerland, Liechtenstein, and the United Kingdom.

Besides the regional focus, the agenda includes an exclusive IMGL MasterClass2122-102 Nominations are open for the 2019 edition of Southern European Gaming Awards (SEG Awards) will also shed light on hot topics such as Marketing for Operators in Regulated Market, Big Data, AI and payments.

You can register here or view the provisional agenda here!

More info: www.europeangamingcongress.com


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Nominations are open for the 2019 edition of Southern European Gaming Awards (SEG Awards)

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Relax Gaming signs Powered By partnership with Revolver Gaming

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relax-gaming-RG Relax Gaming signs Powered By partnership with Revolver GamingReading Time: 1 minute

 

Relax Gaming, the trail-blazing content provider and distribution platform, has signed a new plat-2-plat partner, adding Revolver Gaming to its Powered By program.

The deal means London-based Revolver Gaming’s impressive slots portfolio will be integrated with the Relax Gaming platform, making for a high-quality addition to the provider’s successful Powered By business proposition.

Revolver Gaming products, including flagship video slot Multiplier Man and soon to be released Neon Blaze and Squish, will be made available to Relax Gaming’s network of operators for the first time as part of the agreement.

Simon Hammon, Relax Gaming CPO, said: “We are thrilled to add Revolver Gaming to our impressive Powered By partnership base.

“Revolver is building a strong reputation for quality and innovation and is a natural complement to our offering – we look forward to helping the team expand their reach.’’

Ryan Lazarus, CEO at Revolver, said: “Relax Gaming’s fresh and open approach to supplier partnerships has revolutionised content distribution, and we’re extremely excited to be a part of it.

“We’ve got some great concepts in the pipeline that we’re looking forward to sharing with Relax Gaming’s extensive network of operator partners.”

Relax Gaming has quickly expanded its global reach in recent months, signing with more than 50 of the industry’s most recognisable names and providing a catalogue of over 570 games.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Relax Gaming signs Powered By partnership with Revolver Gaming

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Betsoft’s dynamite Gold Canyon explodes onto market

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gold-canyon Betsoft’s dynamite Gold Canyon explodes onto marketReading Time: 2 minutes

 

All-action new release from award-winning supplier gives players fresh take on traditional 5×3 slots

 

Industry-leading casino content developer Betsoft Gaming is promising to blow players away with its latest dynamite slot release, Gold Canyon.

Set in the heart of cowboy country, the game offers slot fans an explosive experience and a fresh take on traditional 5×3 games.

Crammed full of treasures, classic Betsoft bonus features and dynamite free spins just waiting to be discovered, players have the chance of blasting their way to potential huge wins of well over 4,000 times their stake.

Hit the Hero Wilds and a cowboy with a dark past expands to fill the reel. Bundle together three or more stacks of TNT and they explode to trigger Scatter Pays. You might also find two or more heroes to unlock multiple Frontier Free Spins that can lead to amazing cash prizes.

The game release comes just weeks after Betsoft won its first EGR B2B Award, claiming the prestigious “Innovation in RNG Casino” award at the industry’s biggest event.

Betsoft’s rapidly growing content portfolio is managed by its advanced, modular and fully customisable back office – Casino Manager, the most complete and powerful game reporting and administration system available today.

The management tool has recently been updated to include a range of cutting-edge marketing tools that optimise game performance and streamline an operator’s day-to-day administrative and support tasks. Find out more about Casino Manager here.

Annamaria Anastasi, Marketing Director, Betsoft Gaming, said: “Gold Canyon is a classic slot, packed full of unique Betsoft features, bonus rounds and free spins that players are sure to love and keep coming back to.

“The release comes just a few weeks after our “Innovation in RNG Casino” award at the EGR B2B gala evening. We’re really excited for what the rest of 2019 has in store with even more fantastic titles to come!”

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Betsoft’s dynamite Gold Canyon explodes onto market

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