Connect with us
European Gaming Congress Milan
NSoft

Latest News

Pennsylvania Gaming Control Board Authorizes Continent 8 to Provide Managed Network Services to Gaming Operators

Published

on

continent8-SBTech Pennsylvania Gaming Control Board Authorizes Continent 8 to Provide Managed Network Services to Gaming OperatorsReading Time: 2 minutes

 

Continent 8 Technologies, the award-winning, multi-jurisdictional global data solutions provider, has been authorized by the PGCB (Pennsylvania Gaming Control Board) to provide co-location, data warehousing and managed network services to online gaming operators.

Michael Tobin, CEO, Continent 8 Technologies, shared his insights on Pennsylvania’s authorization stating, “We are very excited to bring our global network and managed services to the online gaming community in Pennsylvania. The new opportunities for gaming operators, including online sports betting companies, will require a partner like Continent 8 that is knowledgeable and delivers expeditious results. The upcoming launch date for mobile online casino and sports betting only increases the urgency to set up operations now.”

Continent 8 is uniquely positioned to serve clients currently operating in Pennsylvania and those considering entering the online gaming market. As an officially authorized Gaming Service Provider, Continent 8 has already opened up two centers in Pennsylvania allowing for both primary and disaster recovery operations. In fact, following the awarding of the authorization on March 11th, Continent 8 was successful in getting customers operational in time for the beginning of March Madness this year.

Continent 8, as part of its commitment to the ever-expanding US online gambling market, will be opening up operations in advance of every regulated state going live. Clients that work with Continent 8 Technologies gain immediate access to a global network of industry leading services, deep and unparalleled experience in the gaming sector, and multi-state connectivity that currently includes Mississippi, Nevada, New Jersey, Pennsylvania, and West Virginia. Continent 8’s seamless suite of hosting, security, and network managed services is ideal for those entering the US sports betting market and planning further growth as the landscape evolves.

 

Continent 8 is an award-winning, multi-jurisdictional global network solutions provider that connects, manages, and secures the world’s most valuable information. Its advanced data centers and high-quality networks support critical online operations in both private and public-sector organizations in over 40 locations across Europe, Asia, and the Americas.  For more information visit www.continent8.com.

 

SOURCE Continent 8 Technologies


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: Pennsylvania Gaming Control Board Authorizes Continent 8 to Provide Managed Network Services to Gaming Operators

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.

Latest News

Rise in Staffing Costs Results in Full-year Revenue Loss for Genius Sports

Published

on

9-10 Rise in Staffing Costs Results in Full-year Revenue Loss for Genius SportsReading Time: 1 minute

 

Genius Sports Group has posted a loss of £7.6m for the year 2018 despite a 23.9% yearly rise in revenue for the 12-month period.

Revenue for the year ended December 31, 2018, amounted to £65.8m, up from £53.1m in the year 2018. Genius Sports experienced momentous growth in its rest of world business, with revenue up from £200m to £31.3m. UK revenue also climbed from £6.1m to £7.3m, while rest of Europe revenue increased a little from £26.9m to £27.2m.

Though, GS also noted a growth in expenses for the year, with the cost of sales rising 52.4% from £18.4m to £28.0m and administrative expenses up from £23.3m to £29.5m. Hiring more staff costs particularly hit Genius, with this jumping from £22.3m to £29.7m as the business increased its employee numbering from 669 to 901 in the year.

The increased costs drove Genius from an operating profit of £5.9m in 2017 to an operating loss of £4.2m for the full year. Evaluating the results, Regulus Partners said that Genius’s historical pattern of growing revenue at the expense of profitability also need to be changed in order to deliver viable potential.

Market Analyst at Regulus also emphasised Genius’s acquisition of English and Scottish football official betting data from what is now Stats Perform, saying that this is “transformational to Genius and potentially transformational to the betting as well as sports rights sectors.”


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: Rise in Staffing Costs Results in Full-year Revenue Loss for Genius Sports

Continue Reading

Latest News

Svenska Spel Launches Verisec’s Freja eID Technology

Published

on

8-9 Svenska Spel Launches Verisec’s Freja eID TechnologyReading Time: 1 minute

 

Svenska Spel has launched Verisec’s Freja eID to enhance its customer identification process.

The new gambling legislation that came into force on 1 January this year requires gaming companies to use an e-ID for registration of their customers. This is to increase safety and to ensure players’ age and identity. Until now, the customers of Svenska Spel have been referred to a single e-ID but with the introduction of Freja eID is given both greater choice and independence, by not being locked to a specific login method.

“Most companies that digitize their services put considerable resources on good user experience and to eliminate eventual friction for users who want to access the digital service. Thus, not keeping users locked to a specific sign-in solution is an important step. We believe that this is not only positive for the users, we also believe it is a strong competitive factor in that Svenska Spel is the first gaming company with a gaming license that offers its users more than one e-ID,” Johan Henrikson, CEO of Verisec said.


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: Svenska Spel Launches Verisec’s Freja eID Technology

Continue Reading

Latest News

Trustly Launches its New Product Trustly Live

Published

on

7-10 Trustly Launches its New Product Trustly LiveReading Time: 1 minute

 

Online banking payments provider Trustly has launched Trustly Live, the product built specifically for land-based gaming. With the introduction of Trustly Live, Trustly is helping to remove the need for cash at land-based casinos and sportsbooks.

With Trustly Live, players can scan a Trustly QR code with their smartphone and instantly deposit funds from their online bank account. This helps operators to lower cash handling costs while also catering to the preferences of their players. Additionally, Trustly Live can strengthen KYC and AML checks, ultimately helping to enhance the trackability of players and meet increasingly strict regulatory requirements. Trustly Live is currently live with Cherry Spelglädje in 45 locations in Sweden and plans to expand across Europe in the coming months.

“The launch of Trustly Live will help land-based operators thrive in today’s increasingly cashless economies. Cash handling is expensive, unsafe and, frankly, outdated. Consumers are already adopting safer and more convenient ways to pay and Trustly is excited to be bringing innovation to the land-based gaming world by helping operators keep pace with their players’ preferences,” Samuel Barrett, Director of Gaming at Trustly said.


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: Trustly Launches its New Product Trustly Live

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.