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Exclusive interview with Rahul Sood, CEO and co-founder of Unikrn

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Rahul-Sood-Ceo-and-co-founder-of-Unikrn Exclusive interview with Rahul Sood, CEO and co-founder of UnikrnReading Time: 6 minutes

 

Rahul Sood is the CEO and co-founder of Unikrn, the world’s leading esportsbook innovator. He started his first company, the world’s first boutique PC manufacturer, is his teens and later sold it to HP. After leaving HP, he joined Microsoft as the founder and CEO or the startup incubation branch then-called Microsoft Ventures. Rahul is a long-time avid gamer and esports fan who also enjoys windsurfing in his spare time.

 

You mentioned about two “game-changing” products from Unikrn in your email. Could you tell us more about the products?

Rahul Sood: We have 3 singular experiences launching at Unikrn: Unikrn UMode, Unikrn Virtual Game and Unikrn Esportsbook’s Streamer Betting.

Unikrn UMode is the first online skill betting extension for matchmaking games such as Fortnite, League of Legends, Dota 2, Halo and Counter-Strike. Unlike peer-to-peer betting, UMode lets players bet on their normal online matchmaking without betting opponents because Unikrn sets the odds, which lets you bet anytime in fair games without any worries about sharks ruining your fun.

The Unikrn Virtual Game is a curated collection of exciting professional esports matches from the past which are randomly selected and played fresh. There’s a new round every minute, and fans can go to bet on esports without ever facing delays or content gaps, which is an amazing quality-of-life improvement for esports fans used to waiting between rounds, games and tournaments.

Unikrn’s Streamer Betting uses in-house odds-determining trader bots and advanced screen-reading technology to interpret games happening on stream and set odds in real time, even updating odds as matches advance. We’re excited for how this will let fans play along with streamers and improve the community thrill of wins. After all, betting is better as a social experience, and very little in gaming is more social than streaming in its prime!

 

How do you think these products would change the way the betting industry operates?

Rahul Sood: The betting industry is still behind the curve on the way esports opens interactivity, data fidelity and sheer volume. There’s never been a challenge in sports akin to trying to place reliable odds on streamers. There’s YEARS of content hours consumed from Twitch every second across thousands of channels. Besides Unikrn, the world of betting operators hasn’t begun to scratch the surface of what gamers and esports fans are making possible, whether that’s creating 24/7 skill-based betting, new ways to package esports around the clock or ways to bring people together to cheer on their favorite players.

You are aiming to introduce innovative technologies to betting that would disrupt the dominance of traditional booking houses. In fact, quite a few new companies have aimed to do this, and almost all of them have failed. What is the x-factor for your company, if there is any?

Rahul Sood: Unikrn is x-factor from surface to core. I think the biggest difference is our culture, Unikrn sits at the intersection of esports & video games, blockchain & cryptocurrency, and regulated gambling. As such we employ talented people from all over the world. Our COO, CFO, and CPO along with lead product people are based in Sydney. Our CTO and development teams are in Berlin, Croatia, and Poland. Head of Marketing and Content are in New York, we have content people in Las Vegas, and I’m in Seattle with our Chief of Staff. There’s no way in hell we could build such a company in one city, we required the best talent in all 3 areas. Unikrn is also a technology first company, whereas typical wagering companies are simply licensing software from other platforms.

Maybe most importantly, this isn’t hypothetical: Unikrn is launching multiple singular experiences designed for customers. While others are building wagering experiences around old titles that no one cares about, Unikrn is building wagering experiences around games people love to play. Our products are live and regulator-approved well ahead of our runway, and they’re being followed by many other innovations.

 

It’s almost two years since you launched your cryptocurrency token UnikoinGold, based on the Ethereum blockchain. Could you tell us more about its performance so far?

Rahul Sood: UnikoinGold has been a fantastic success, achieving everything it was set out to do and hitting most of its projected benchmarks at or ahead of schedule. The whole point of developing UnikoinGold was to give users the ability to use our platform and partner platforms without the delays and fees associated with using traditional banks. At its launch, UnikoinGold closed the largest-ever token sale in esports and gaming, and our partners have included major players in the crypto space because they’re impressed with the unprecedented utility UnikoinGold has brought to the broader crypto ecosystem. I think our biggest challenge is making our crypto more accessible and easier to use. We’re working hard on this, it’s one of the key pillars for 2019.

 

Unikrn is into its fifth year. The company has received excellent funding and financial back-up. But has the company really captured the public imagination as an esports venture? How do you look back at the last five years of Unikrn?

Rahul Sood: Unikrn is fortunate to have had several extremely successful acquisitions, partnerships and blockchain ventures — the truth is there’s a staggering and publicly invisible business-to-business problem solving portion of our operations. This is common in successful companies in the tech sector: Amazon, for example, makes more of its money on web services than any other division, but it’s a part of the company the public basically never sees.

Everybody at this company is proud of our success and our current place in the ecosystem, as well as optimistic about the future all the way to the horizon.

Being a legal and responsible operator requires diligence and time (working with regulators, governments, patent offices, partners and taking the time to develop proprietary technology can’t be rushed!). Our current user base has been completely won-over, and the next step is broader engagement with new fans.

So are we where we want to be? Of course not, we’ll never truly be satisfied, but believe me Unikrn of 2019 is far ahead of the Unikrn from 2014. We have plenty of work to do and lots of runway to get to where we’re going.

 

The USA is witnessing a revolution of sorts in the sports betting sector, following the US Supreme Court’s verdict on PASPA Act. What is your take on the future of sports betting in the USA and the role of Unikrn on it?

Rahul Sood: Unikrn is already live with Unikrn UMode in the majority of the United States, making us pretty much first in the door, and we are obviously supportive of states allowing responsible, regulated wagering to expand. Unikrn has well-established connections with land based casinos in Las Vegas, where our primary content team is based, and we expect the United States to be a growing market for us looking forward. I fully expect us to launch our sportsbook across the USA in partnership with some of the largest casino operators in the world.

 

You had held top positions at HP and Microsoft before founding Unikrn. How different are the mainstream software companies and the gaming and betting companies in terms of challenges, job profile and working environment?

Rahul Sood: Every job is different, but wagering companies bring with them an enormous responsibility to work in partnership with regulators and governments. This happens in any industry, but wagering rightfully brings it to another level. That said, there’s also a tremendous amount of crossover: software and gaming hardware companies are ultimately selling consumers an experience, and that’s exactly what Unikrn does.

We’re sitting at the intersection of three of the most blockbuster industries on earth, regulated gambling, esports & video games, and blockchain & cryptocurrency. It’s never easy, but nothing good comes without hard work.

You have been a serial entrepreneur, having started entrepreneurship from an unusually young age. You have also worked with a number of startups while you were a General Manager at Microsoft Ventures. What is the one thing that separates successful startups from the failures? And what is your advice to startup founders and wannabe founders?

Rahul Sood: Great startups understand that a brand is nothing without 4 key components. An incredible product that people love, a strong team culture made of the smartest and most talented people who eat breath and sleep your mission, a thriving community of fans and evangelists, and most of all strong leadership and patience. All of these components become the foundation of your brand, which if applied correctly becomes a living breathing entity. Most people miss the community part, can you imagine Telsa, OnePlus, or Apple without a community? They’d be like nowhere!

 

Finally, on a lighter note, it is written on your Wikipedia page that “Sood first took an interest in computers at the age of 11, having disassembled and painted his first computer—an Apple IIc—before even turning it on”. Did it really happen? And did you disassemble your first gaming device as well!? Do share an interesting anecdote to conclude the interview.

Rahul Sood: It absolutely happened, and I had successfully founded my boutique computer manufacturer, VoodooPC, just a few years later. I went on to sell that brand to HP. I guess everything that I’ve ever involved myself with is something I truly care about, for without that I don’t think I’d be anywhere near where I am today.


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: Exclusive interview with Rahul Sood, CEO and co-founder of Unikrn

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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AvatarUX’s latest release PopRocks™ bursts on to the scene

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AvatarUX’s-latest-release-PopRocks™-bursts-on-to-the-scene AvatarUX’s latest release PopRocks™ bursts on to the scene
AvatarUX’s-latest-release-PopRocks™-bursts-on-to-the-scene-1 AvatarUX’s latest release PopRocks™ bursts on to the sceneReading Time: 2 minutes

 

Cutting-edge game developer’s new title in partnership with Yggdrasil features innovative PopWins2122-2 AvatarUX’s latest release PopRocks™ bursts on to the scene mechanics

Games design studio AvatarUX is back with a bang to deliver its latest video slot, PopRocks2122-3 AvatarUX’s latest release PopRocks™ bursts on to the scene, the debut title in its PopWins2122-4 AvatarUX’s latest release PopRocks™ bursts on to the scene series and the second in its partnership with Yggdrasil and the YG Masters programme.

With up to 33,614 ways to win, this awesome game is ready to take the gaming sector by storm.

The second release from the rising star, AvatarUX’s PopRocks2122-5 AvatarUX’s latest release PopRocks™ bursts on to the scene unleashes mystical gems with arcane powers that pop and multiply, expanding to a maximum win potential of 72,188x bet.

PopRocks2122-6 AvatarUX’s latest release PopRocks™ bursts on to the scene is the first game to use the innovative new PopWins2122-7 AvatarUX’s latest release PopRocks™ bursts on to the scene mechanics, where winning symbols ‘pop’ and are replaced with two new symbols and expanding reels, giving players the chance of epic wins.

AvatarUX is an original partner studio of the YG Masters programme which allows independent studios to develop content on Yggdrasil’s platform and in partnership with the supplier. PopRocks2122-8 AvatarUX’s latest release PopRocks™ bursts on to the scene is AvatarUX’s second title launched through the partnership, following the successful release of Lilith’s Inferno last year.

Marcus Honney, Managing Director at AvatarUX, said: “We’re thrilled to announce the release of PopRocks2122-9 AvatarUX’s latest release PopRocks™ bursts on to the scene, the first title featuring our innovative PopWins2122-10 AvatarUX’s latest release PopRocks™ bursts on to the scene mechanics.

“Immersive gameplay, cutting-edge design and bringing excitement to the market is what we pride ourselves on, and with its state-of-the-art technology, PopRocks2122-11 AvatarUX’s latest release PopRocks™ bursts on to the scene is a fantastic addition to any offering and is sure to keep players coming back for more.

Stuart McCarthy, Head of Partner Strategy & Sourcing at Yggdrasil, said: “Our YG Masters programme adds significant business strategy value for our connected partners, and this innovative new title from AvatarUX perfectly showcases our aim to enhance our existing portfolio with innovative quality content from third-party studios.”

Yggdrasil’s YG Masters programme has recently been updated to form an integral part of the supplier’s new business division, Yggdrasil Franchise, which further cements its position as a global publisher of casino content through IP licensing.


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: AvatarUX’s latest release PopRocks™ bursts on to the scene

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RESTARTING THE SPORTS BETTING INDUSTRY, a hot topic at #MBGS2020VE

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RESTARTING-THE-SPORTS-BETTING-INDUSTRY-MBGS2020VE RESTARTING THE SPORTS BETTING INDUSTRY, a hot topic at #MBGS2020VE
RESTARTING-THE-SPORTS-BETTING-INDUSTRY-MBGS2020VE-1 RESTARTING THE SPORTS BETTING INDUSTRY, a hot topic at #MBGS2020VEReading Time: 2 minutes

 

Virtual conference addresses a vital topic of the sports betting industry on the 7th of May.

We have put together a lineup of sports betting industry experts who will join the opening panel discussion at our first virtual conference this year which will take place on the 7th of May.

You can register on this link to save your seat (no travel needed, you can attend from the comfort of your home or office)

PLEASE NOTE: If you are already a registered delegate of MARE BALTICUM Gaming Summit, you don’t have to purchase a new ticket!

Worldwide disruption of the sports events due to COVID-19 is playing a major role in the halt of the sports betting industry. Restarting the industry will not be easy and we certainly can’t get back and see the same results as we did at the end of 2019. We are speaking here about the classic sports betting industry as virtual sports, eSports, social gaming have now become very popular.

The panel discussion will be joined by Domenico Mazzola (Commercial Director at Altenar), Jakub Myszkorowski (Chief Commercial Officer at STATSCORE), Chris Nikolopoulos (CCO at BETBY) and Sergio Stankovic (Sales Director at SBTech), and will be moderated by Jaka Repanšek (Media and Gaming Expert).

As mentioned above the virtual edition of #MBGS2020VE will be held on the 7th of May and will gather 300 gambling industry professionals who can attend virtually from their internet browser. The gathering will allow virtual delegates to network at virtual tables in the virtual deal room and conduct 1 on 1 meetings with their prospects/clients/partners.

Register here

For further inquiries about the 2020 edition of CEEGC and CEEG Awards, speaking/attending/sponsoring options, make sure to send an e-mail to Andrada Bota (B2B Sales Executive at Hipther Agency) or subscribe to the weekly newsletter on the following link.

Among the supporters of the conference, you will also find Square in the Air as a strategic partner, and leading media outlets such as Online Casino Reports, CalvinaAyre.com, Focus Gaming News, Gioco News, iGaming Business, iGamingCalendar.com, Gambling Insider, InterGame, Global Legal Group, FortunaWeb, Commission Magazine, Slotegrator and much more.

Visit www.virtualedition.marebalticumgaming.com for more details!

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).

MARE BALTICUM Gaming Summit Live and BSG Awards

Information about the live edition of the conference and BSG Awards, which will be held on the 6th of August, will be announced at a later stage. The online voting stage for BSG Awards 2020 has been stopped and will be reset in order to allow all participants to focus on different matters.

A new online voting stage will be started between 1 and 30 June. Further information will be released in the upcoming weeks.

MARE BALTICUM Gaming Summit, also known as the Baltic and Scandinavian Gaming Summit & Awards offers the opportunity for both new companies and veterans, to learn about industry insights and compliance update, while also being part of a group that is at the forefront of the gambling industry in Lithuania, Latvia, Estonia, Sweden, Denmark, and also from the DACH region.

The Summit approaches all regulatory and compliance related aspects of the mentioned markets and also highlights some trending topics of the gambling industry.

For more details visit 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: RESTARTING THE SPORTS BETTING INDUSTRY, a hot topic at #MBGS2020VE

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How to Make SMS Casino Deposit?

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texting-1490691_1280 How to Make SMS Casino Deposit?
texting-1490691_1280-1 How to Make SMS Casino Deposit?Reading Time: 3 minutes

Mobile phones have become an irreplaceable part of our lives. Can we even imagine a life without them? In 1996, only 16% of households in the United Kingdom had a mobile phone, while in 2016 that number was 95%. Considering that nowadays most households have more than one smartphone, the numbers get even more impressive. Mobile phones affected not only our lifestyle, but many industries as well, and the casino industry is no exception. With the mobile casino industry on the rise, more and more players rely on a reliable sources of online gambling info to experience the thrill of a spinning roulette or the excitement of having the final hand in poker. This payment method is very convenient, safe and easy to use, so no wonder it is taking up the casino industry by the storm.

 

What is Pay by SMS? 

Pay by SMS is a payment method that is becoming widely accepted in online casinos. By sending an SMS from their mobile phones, players can deposit funds to their casino account, without using credit cards, eWallets or vouchers. The amount deposited is either deducted from their pay-as-you-go balance or added to their monthly bill.

How to Make a Deposit in a Pay by SMS Casino?

Casinos that accept Pay by SMS are widely present all over Ireland and the UK, as local teleoperators offer this service. In case your phone operator is not enabling you to make such a transaction, you can always use apps that act as a mobile payment method. Players who use apps will sometimes have to connect their credit card to the app as in most cases it won’t be possible to subtract the deposited amount from your phone.

Some of the popular apps used for SMS deposits are Boku, PayZone, Payforit, and Zimpler. Many of these apps are regulated by the FCA, so players shouldn’t have difficulties in finding a reliable app for smooth SMS transactions.

Step by Step SMS Deposit guide

Making a casino deposit via SMS can be significantly different than depositing by using traditional methods.

  • Find a casino. First and foremost, the player has to find an online casino that supports this payment method by taking a closer look at their banking section. Usually one can find out the accepted payment methods before the registration by checking the website for more details or by contacting customer support.
  • Choose the SMS payment method. Once you have registered with the online casino, go to the deposit section and find the method of your choice. Enter the amount you want to deposit.
  • Type your phone number. You will have to enter your phone number, and don’t even try to mess with other phone numbers, as the deposit won’t be successful.
  • Approve the transaction. This step may be different for different teleoperators or casinos. In most cases, you will have to enter a PIN, a code sent via SMS, or approve the transaction directly in the app.

This may seem complicated, but all the player has to do is follow the steps and not skip any of them.

Is Pay by SMS Safe and Reliable?

Pay by SMS is as reliable as any other online payment method. However, it tends to be a lot safer as you never have to give your credit card details to the third party. This is especially important for players who like to play with different casinos and try out new brands on the market. The only time one has to give credit card information is when funding the SMS pay app.

Pay by SMS is also very fast. The transactions are executed almost immediately. In comparison, the bank wire transfer may take up to 48 hours. Even though players might encounter some small fees when using pay by SMS, these are still not as high as with eWallets.

The only downside of pay by SMS is that players are not able to make a withdrawal by using this method. The main reason for this is that the technology used is simply not meant for receiving money. Most good online casinos will still offer a great number of safe alternatives that can be used to withdraw the winnings and enjoy.


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: How to Make SMS Casino Deposit?

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