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IMGL MASTERCLASS™ at MARE BALTICUM Gaming Summit 2019 – It’s Hot in the Nordics: IMGL Mega-Panel

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IMGL_MasterClass_MBGS2019 IMGL MASTERCLASS™ at MARE BALTICUM Gaming Summit 2019 – It’s Hot in the Nordics: IMGL Mega-PanelReading Time: 4 minutes

 

Industry media has been all eyes on the recent regulatory changes that came into effect starting 2019 in Sweden, Denmark and are starting to be discussed in Norway as well.

The second edition of MARE BALTICUM Gaming Summit, also known as the Baltic and Scandinavian Gaming Summit and Awards includes a special IMGL MASTERCLASS2122-47 IMGL MASTERCLASS™ at MARE BALTICUM Gaming Summit 2019 – It’s Hot in the Nordics: IMGL Mega-Panel which will explore the recent changes that are happening in the Scandinavian region with an emphasis on Regulatory Trends, IP Blocking and Payment Blocking. The title of the panel discussion lives up to its name, “It’s Hot in the Nordics: IMGL Mega-Panel” will see some of the largest brands of the gambling industry share their knowledge about the market with the presence of Danish regulator, Birgitte Sand (Director of the Danish Gambling Authority).

The special panel will be moderated by Tal Itzhak Ron (Chairman & CEO at Tal Ron, Drihem & Co., Law Firm) and the panelist include generic names of the Scandinavian region such as Morten Ronde (CEO at Danish Online Gambling Association and Managing Partner at Nordic Gambling), Sissel Weitzhandler (Group Compliance Manager at Play’n GO), Gustaf Hoffstedt (General Secretary at the Swedish Trade Association for Online Gambling) and last but not least, Rolf Sims (Public Affairs Manager for Kindred Group in Norway and Board Chairman of the newly formed Norwegian Trade Association for Online Gambling Companies).

MARE BALTICUM Gaming Summit will take place on the 9th of May at Radisson Blu Royal Astorija Hotel and is gathering the gambling industry from the Baltic and Scandinavian regions for a full day of quality learning and networking with like-minded peers, regulators and representatives of the industry media.

Register here or View the Agenda!

Browse the official event website here: www.marebalticumgaming.com

Latest news about Denmark

It was a couple of weeks ago, that Spillemyndigheden, the Danish Gambling Authority has proposed to amend Danish Gambling Act to restrict the amount of marketing for gambling games, particularly to reduce exposure of children to gambling advertising.

The move is to prevent gambling from evolving from a form of entertainment into a problem. “A new code of conduct should be considered a benchmark and only a minimum requirement for the gambling industry,” said the authority.

The authority also stated that the code of conduct is “an opportunity to set limits and tools in place that go even further than required by law. This includes preparing clear frameworks for game advertising content and ensuring that the amount of advertising is reduced and restrictions are in place.”

The move will affect gambling-related advertising on TV stations.

Earlier this year, the gambling authority of Denmark has censured social media giant Facebook for promoting illegal gambling websites on its platform.

Latest news about Sweden

Sweden’s newly liberalized online gambling market has only been in place for a couple of months, but already it is proving a success. Spelinspektionen (the Swedish Gambling Authority), granted licenses to 60 gambling operators before the new laws were implemented on January 1. It has since approved more operators, bringing the total number of license holders to +70.

However, the fears of the operators have not been cleared yet, as it was just a month ago, that Sweden’s Minister on Public Administration, Ardalan Shekarabi said the government will be making more stringent regulations on gambling advertisements. He also summoned representatives of the gambling industry to parliament for a discussion on this topic.

The act stipulates that all gambling companies operating in Sweden be licensed and that they must ensure gambling advertisements are restrained.

The act also bans direct marketing of gambling companies of individuals who have barred themselves from gambling. Over 20,000 people in Sweden have self-selected to be barred from access to online sites, but the minister noted that these rules were not being complied with across the board.

According to a surprising new study, the majority of people with a gambling addiction in Sweden are women.

The country’s public health authority unveiled that almost two-thirds of the gambling addicts in the country (64 percent) are female. The survey also found that while the overall number of gamblers decreased since the last survey in 2015, the number of problem gamblers rose by 50 percent. Women made up half those considered problem gamblers.

Read more…

Latest news from Norway

It was just two months ago when the European Gaming and Betting Association (EGBA) has urged the Norwegian government to rethink on the policy of banning payment transactions of six gambling companies. The Norwegian government had asked the banks to block payments to and from accounts identified as being used for processing gambling transactions.

He pointed out the fact that there are currently only two gambling providers authorized in Norway – both state-owned. He termed the present regime not sustainable. He also said that the present system depletes Norwegian state tax revenues and jeopardizes the task of keeping control of the market.

He urged the Norwegian government to develop a regulated market, based on multi-licensing and focusing on a high level of consumer protection.

When it comes to gambling legislation, some European countries give their citizens maximum freedom and others impose maximum restrictions. One country, Norway, fits both descriptions. Despite the best efforts of the Norwegian government to monopolize gambling in recent years, its citizens are free to play online bingo or use online casinos without fear of punishment.

Read more…

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the Baltic and Scandinavian region via the MARE BALTICUM Gaming platform which has been launched in 2018 and is committed to bringing together industry shareholders and government officials from the Baltic and Scandinavian region on a yearly base.

Register here!

Browse the official event website here: www.marebalticumgaming.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: IMGL MASTERCLASS™ at MARE BALTICUM Gaming Summit 2019 – It’s Hot in the Nordics: IMGL Mega-Panel

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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Record-breaking jackpot – Family wins $65,000,000 through Lotto Max draw

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loto-max-winners Record-breaking jackpot – Family wins $65,000,000 through Lotto Max drawReading Time: 2 minutes

 

A family from Montréal won $65,000,000 in the June 11 Lotto Max draw. That’s the biggest jackpot in Canadian history!

The winning ticket was purchased at Dépanneur Springland, located at 2525 Rue Springland, in Montréal. The convenience store will collect a cool $650,000, i.e. 1% of the jackpot.

The family members celebrated their win during a press conference held today in Montréal.

Isabelle Jean, Loto-Québec’s President of Operations (Lotteries division) and Vice-President of Public Affairs, had this to say: “We’ve never paid out such a huge jackpot! Lotto Max is one of Québec’s most popular lottery draws and we’re thrilled that this is the second Lotto Max jackpot that’s been won here. Just one month ago, a group from Montréal’s South Shore won a whopping $50,000,000 through Lotto Max.”

Lotto Max only just recently moved to two draws a week, i.e. on Tuesdays and Fridays.

Highlights

  • The family won the biggest jackpot in Loto-Québec history on a free ticket.
  • Giuseppa Lo Giudice Lanteri won a Free Play ticket through Québec Max, to which she decided to add Lotto Max and Extra. It was thanks to this “add-on” that she won.
  • Giuseppa and Nunzio will be giving a portion of their win to their two children, Jane and Salvatore Lanteri. Four other family members will receive a portion of the money: Salvatore, Antonio, Daisy and Vincenzo Briganti.
  • “We’re happy to be able to provide for our kids,” says the family man.
  • Among the family’s short-term plans: the purchase of a new home in the same Montréal neighbourhood they’ve been living in for the past 50 years.

In summary

  • Lottery: Lotto Max
  • Prize: $65,000,000
  • Category: Jackpot
  • Draw date: June 11, 2019
  • Winners’ place of residence: Montréal
  • Retailer: Dépanneur Springland (2525 Rue Springland, Montréal)
  • The retailer will receive a $650,000 commission, equal to 1% of the prize.
  • Claim centre: Loto-Québec head office, Montréal

About Loto-Québec:
Loto-Québec’s mission is to responsibly and efficiently manage games of chance in a controlled and measured fashion, in the interest of all Quebecers. Entertainment is at the heart of its activities. Between January 1 and June 11, 2019, Loto-Québec has paid out 37 prizes of $1,000,000 or more, producing 39 millionaires. The Gagnant à vie and Grande Vie lotteries have provided 11 lucky winners with a lifetime annuity.

 

Source: Loto-Québec

 Record-breaking jackpot – Family wins $65,000,000 through Lotto Max draw


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: Record-breaking jackpot – Family wins ,000,000 through Lotto Max draw

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Why operators must look beyond bonuses in Sweden

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altenar-banner-face Why operators must look beyond bonuses in SwedenReading Time: 3 minutes

 

There’s been a lot of talk about the limitations of the newly regulated Swedish market due to operators only being allowed to offer one introductory bonus to players.

But bonuses are not the only thing players are looking for in today’s highly competitive online gambling marketplace. Today many users are more concerned about better service and faster withdrawals.

I believe if operators focused on these they would more than make up for any player churn being experienced due to the inability to offer regular bonuses.

One of the big trends taking off in the Swedish market over the past year has been the so-called ‘no-account’ casino. This term is something of a misnomer as there is indeed an account, but it is created in the background with very little effort required of players.

It would perhaps be more accurate to call it ‘automated registration’ and this would certainly be more popular with regulators, who are understandably concerned about any description that implies inadequate checks are being carried out.

This simplified registration process, made possible by Trustly, is particularly suited to the Swedish market, where consumers are racing towards a cashless society but are at the same time very protective of their privacy.

And, crucially for operators struggling to adapt to the new bonus regime in Sweden, customers using this automated registration process do not expect bonuses.

They do, however, expect to receive their money immediately when they win. One of the big frustrations among players is operators that hold onto their money for longer than they should, sometimes under the guise of doing KYC.

KYC is, of course, very important, but it shouldn’t be used as an excuse to delay payouts to players.

At Altenar we’ve recently launched our first sportsbook client in the regulated Swedish market, LuckyCasino.com, which offers Trustly to players.

While we recognised the attraction of the system and the importance of immediate withdrawals, we also saw the need to adapt the process to account for the fact that compared with casino, in sports betting there is a greater risk of fraud due to the potential for misuse of inside information.

We therefore designed a feature so that limits can be set, varying from operator to operator and segment to segment, and that when payouts go over that limit we have to manually approve the settlement.

By putting such thresholds in place, players can still enjoy the services of Trustly when betting, but there are protections in place to make sure the system is robust.

Operators using the automated registration process have reported huge success so far and I believe in the next 12 months almost all operators in Sweden will have implemented this. We’re shortly about to launch our second Swedish licensed operator using the same feature.

New entrants to the market should look to compete with the more established players by getting ahead of the curve in this way rather than trying to attract customers with huge first-time bonuses.

While many in the industry have complained about the bonus limitations, I believe we will have a better market without the constant slew of bonus offers.

I’ve been involved in the Swedish market for many years, going right back to my time at Expedt in 2002 through to working with Altenar’s partners both before and after the market regulated.

If we look back to the early 2000s, the bonuses that companies were offering their users were simply tools to help them learn the systems. Over time, this evolved into more and more operators throwing large sums of money at players to attract or retain them.

As a marketing tool this simply isn’t sustainable over the long term. It’s time operators started looking at other ways to attract and retain players and automated registration is certainly a good place to start.

 

Written by Dinos Stranomitis COO Altenar.


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: Why operators must look beyond bonuses in Sweden

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Playson’s Business Development Manager Lars Kollind shortlisted for iGaming Idol Awards

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Lars-Kollind-shortlisted-for-iGaming-Idol-Awards Playson’s Business Development Manager Lars Kollind shortlisted for iGaming Idol AwardsReading Time: 1 minute

 

Lars Kollind, Business Development Manager at Playson, has been nominated for Sales Idol of the Year at the iGaming Idol 2019.

Kollind, who has helped raise the profile of the casino software developer since joining the company earlier this year, impressed the panel of expert judges with his management skills and commercial acumen.

Winners will be announced at a prestigious awards ceremony, which takes place on 11th September at The Westin Dragonara Resort, Malta.

The iGaming Idol Awards celebrates those who have excelled in their field of expertise and made a positive impact on the iGaming industry.

Lars Kollind, Business Development Manager at Playson, said: “I’m delighted to have been shortlisted for Sales Idol of the Year at this year’s iGaming Idol Awards.

“It has been an exciting few months at Playson with some big commercial deals announced and the release of some fantastic games.

“It’s an honour to be nominated by my peers and fingers crossed we can turn this shortlist into some silverware.”

 


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: Playson’s Business Development Manager Lars Kollind shortlisted for iGaming Idol Awards

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