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Speciale Invest Leads Investor Group to Raise an Undisclosed Seed Fund for the Tech-gaming Poker Startup Pocket52

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1 Speciale Invest Leads Investor Group to Raise an Undisclosed Seed Fund for the Tech-gaming Poker Startup Pocket52Reading Time: 3 minutes

 

Bangalore-based start-up, an online poker platform Pocket52 , has taken a major step in evolving the Random Number Generator technology. iTech labs, a globally renowned third-party certification agency based out of Australia, has certified Pocket52 as a cryptographically secure RNG platform.

In Fact, Pocket52 is the first company to develop a cryptographically secure RNG, powered by Lava Lamps in India. They call it RNG+.

Speciale Invest led an investor group to raise an undisclosed seed fund for Pocket52. The group included marquee poker players like Abhigya Sagar, Pranjal Batra and a slew of astute entrepreneurs.

Pocket52 is boldly held together by Nitesh Salvi (CEO) along with other co-founders Saurav Suman(COO) (Co-Founder TimeMyTask now acquired), Debashish Bhattacharjee (CMO), and Satyam Verma(CTO).

Nitesh (Co-founder and CEO Pocket52) is an IIT Bombay graduate and a serial entrepreneur. His first venture Plancess was one of the top-ranked Ed-tech startups which were later acquired by the Career Point Group, Kota. Nitesh has been an ardent poker player from his IIT Bombay days. He mentions identifying major anomalies in his online poker experience over varied platforms.

A decade of unsatisfactory experiences inspired him to build a space of his own in the Online Poker Circuit. Nitesh along with the founding team aims to reconstruct the online poker experience with the help of Data & Machine Learning.

The Bangalore-based company expressed their intentions to infuse their funds in contriving an expanding consumer business. Pocket52 built their software from the scratch. The technology was built by India’s finest, led by the CTO of the company who is an avid poker player himself. Pocket52 has introduced many new features for a sophisticated gaming experience for their users.

The startup has absorbed a very dynamic and tech-savvy team which has built a whale of a product. This product holds the potential to attract a large user base and foster their sustenance. The CMO of the company with his extensive knowledge on the customer leads the planning of every reward feature and benefit. Each promotion is designed keeping in mind every type of potential poker player in India. This exhibits a tremendous level of faith in the start-up by their investors.

Arjun Rao, General Partner at Speciale Invest expresses, “We’re excited to support Pocket52 in their vision. Their vision is to bring technological innovations to the Indian online gaming sector. Of course, poker is their first game. They have a strong product differentiation around the game-play. Their integrity levels, fairness and high-quality player engagement, strengthen our confidence in them.”

Founder of Speciale Invest, Vishesh Ramrajan mentions, “The growth rate of the Indian online poker gaming industry is very high. It is a land of opportunities. Pocket52 has taken the technological lead in this space and we are happy to be a part of their growth journey.”

The RNG+ technology employed by Pocket52 is an additional security layer in their online card shuffle process. They drew this technological inspiration from some noteworthy companies like Cloudflare, a platform that acts as a medium to secure 10% of the entire World Wide Web.

Pocket52 has traced a roadmap for themselves. Their plan includes construction of personalized learning modules. This will equip the platform to impart personalized learning experience to the poker players. Machine learning will play a pivotal role in the design of these learning modules.

As per a study by KPMG & Google in India published in May 2017, the market value of Indian gaming Industry’s is about USD 300 Million. The estimated value of the online poker space in India is USD 7 billion. This value is combined with a base of more than 5 million poker players in India. This infers a massive market potential as companies like PokerStars India, Adda52, Spartan Poker, Pokerbaazi & 9Stacks are changing the face of online poker by promoting it as a game of skill.

About Pocket52

Pocket52 is a tech-savvy Poker platform, designed to create an excellent poker gaming experience and is equipped to nurture the dream of players who aspire to be professionals in poker. With a small team of dynamic people, we keep innovating to bring out the best in the players on the platform. We are always innovating to explore the untapped areas of online poker in India. So “BuildChurnWin” today at Pocket52.

For more information, please visit https://www.pocket52.com/ . 


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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NSoft ́s Keno at Olimp ́s bet shops

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NSoft-and-Olimp-Feature-Image NSoft ́s Keno at Olimp ́s bet shopsReading Time: 2 minutes

 

Serbian betting operator Olimp has introduced virtual draw based game Keno by NSoft into its retail offer. Olimp is NSoft’s existing client and this release represents a continuation of the fruitful cooperation. For now, Olimp is using three NSoft products on two channels successively introducing new features and products. Besides the newly released Keno, players, clients of Olimp, can enjoy Live Betting MTS, Greyhound Races and very popular Lucky Six in the retail network and on the web.

Keno is a draw based game available on all channels (mobile, terminals, shops and web). It is one of the easiest games to play. The simplicity is Keno ́s greatest asset. Being well known to the market, Keno guarantees smooth user adoption and fast return on investment. The paytables are also easy to customize upon clients ́ preferences and Keno is easily integrated with the Advanced Jackpot System.

Besides Lucky Six, Keno is the most chosen by betting operators when it comes to virtual draw-based games to be offered to the players.

Find out more on NSoft ́s offer – let us meet in Bucharest, Romania at Entertainment Arena Expo 2019, from September 3-5 2019 at stand no 523 – Book a meeting.

About NSoft:

NSoft is an award-winning internationally recognized software solutions provider for the gaming and betting industry. The company has more than 200 employees and 100 companies as its customers, operating in 35 countries. Its product portfolio includes turnkey solution for managing a betting business, retail and omnichannel solutions, virtual sports betting, sportsbook, and draw-based games.

Our unique approach to customers and creative software solutions positioned us as one of the top providers of innovative products for the gaming industry. We understand that strong and long-term partnerships are essential for further development, so we joined forces with the world’s leading sports data provider – Sportradar.

It is NSoft’s mission to provide bet shop owners with a powerful and visually appealing platform, amazing virtual games, and data-packed sportsbook, and help them grow their business.


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: NSoft ́s Keno at Olimp ́s bet shops

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Sports Betting and Online Casino Operator Betzest goes live with RedRake Gaming

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betzest-red-rake-gaming Sports Betting and Online Casino Operator Betzest goes live with RedRake GamingReading Time: 2 minutes

 

Online Casino Betzest released the full suite of RedRake online gaming content into their portfolio.

Betzest increases their offering in a new partnership with RedRake which will give their players the opportunity to access to RedRake full range of online slots and jackpots.

The online casino and sports betting operator Betzest, is experiencing massive growth since its launch in 2018 and increased its portfolio to over 1400 online slots.

Marius Filip, Founder/CMO at Betzest, said: “We’re thrilled to have gone live with RedRake, and continue our revenue growth with innovative games from many of the industry’s leading game studios. Betzest has gone from strength to strength in the last 11 months, as we continue to sign up and launch more top casino providers. Stay tuned as we have a few exciting things coming up in the next period of time.”

Nick Barr, Managing Director at Red Rake Gaming, said: “We are delighted to have been selected as the next casino provider in Betzest’s roadmap. We are very encouraged by the results we have seen coming from the Betzest players and confident this will continue to grow as we release our newest games in the portfolio. Red Rake Gaming and Betzest have the same goals, to provide players with the best gaming experience, so we could not be happier working with the Betzest team.”

 

About Betzest

Betzest is an online sportsbook and casino company offering sports betting and casino type games. Betzest also offers Live Betting, Live Casino and Virtual Sports services. Today Betzest has more than 50 employees across four offices all committed to delivering amazing player experiences on each of their verticals, partnering with top providers of only the highest quality.

About Red Rake Gaming

Red Rake Gaming, an online casino provider, offers a wide and varied portfolio of top-performing games across various markets including Belgium, Italy, Spain, Portugal, Romania, Malta and the UK. As a boutique provider to the iGaming industry, we pride ourselves on working closely with our partners to drive their revenues through our high-quality game production, exclusive promotions and flexibility to accommodate their individual needs. Coming from a strong social background, Red Rake Gaming content has already been proven in the social casino space, with all the success from social applied to our real money gaming. Since its inception, Red Rake Gaming has experienced significant growth, and demand for featuring rich games continues to strengthen. With over 30 top-performing slots, video bingo’s, video poker and table games, Red Rake Gaming has games to meet all operators’ requirements.

For more information on industry-leading content, please visit: www.redrakegaming.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: Sports Betting and Online Casino Operator Betzest goes live with RedRake Gaming

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1ClickGames figured how to replace human labour with innovative ATM and POS

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4-12 1ClickGames figured how to replace human labour with innovative ATM and POSReading Time: 1 minute

1ClickGames has created a business solution that will satisfy both clients and customer needs. The main goal of each gaming business whether land-based or online is to reduce costs and make most processes automated. Less human labor, more machine, this is the credo of 1ClickGames innovational products for retail business.

 

1ClickGames is happy to announce the updated mobile POS terminal and Interactive Lottery Terminal/ATM.   Mobile POS (point of sale) – is an Android-based retailer terminal, which can operate anytime and anywhere, and is loaded with all the necessary cashier functions. The device has a touch screen, printing module, and a new Android system. Terminal supports a full range of lottery games and sports bets; which all can be adapted to the market you operate in to satisfy your customers’ needs.

The Interactive Lottery Terminal/ATM is a self-services machine, that provides multiple intuitive modern technologies to significantly increase engagement with a customer. It provides cashless payments, lottery ticket purchase, payout of winning ticket or exchange. The ATM is available in English, Spanish, German, French, Italian and additional languages.

 

Maxim Terehovich, 1ClickGames CEO: Technology does not stand still and we keep pace with the times. We constantly monitor customer needs, problems or desires, creating products that will start working from the first-time client will turn it on. Our company understands the importance of making gaming portative, providing services in the regions with bad infrastructure or low internet accessibility. The POS and ATM are great solutions for companies that want to automate some of their selling processes and reduce expenses on employees.


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: 1ClickGames figured how to replace human labour with innovative ATM and POS

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