Connect with us

Latest News

Quanta Releases New Videos to Chronicle Its Mission and Roadmap

Published

on

quanta-roadmap Quanta Releases New Videos to Chronicle Its Mission and RoadmapReading Time: 1 minute

 

Quanta Technology just published two brand new videos which illustrate the vigorous journey the leading company has taken to reach its current success as well as its mission and goal of reaching two billion people through the blockchain gaming ecosystem.

The first video is an animation that depicts the Quanta Roadmap as seen previously on the dedicated website. It provides potential business partners an outline of Quanta’s current products and latest development with precise explanations for each.

The second video is composed of interviews conducted with several of Quanta’s top executives and advisors including Acting CEO, Kostas Farris, Chief Operating Officer, Ray Davies, Chief Regulatory Officer, Adam Vaziri, and Advisor, Harmen Brenninkmeijer. The interview goes in depth into Quanta’s mission of leveraging the gaming industry in the blockchain era and explaining the four pillars that the company keeps in line with. In addition, the video goes into detail on how Quanta became the world’s first license blockchain lottery operator, and the regulatory measures that were made.

“We are very excited about the release of these two videos which provide extensive details on our mission and vision going forward,” says Kostas Farris. “As we continue to become an established player that provides applied gaming and business solutions using blockchain technology, we want the public to be familiarized with what we offer and these videos achieve that.”

You can watch the two videos in the links below:
Interview Video: https://youtu.be/dn1xQYjJDio

Quanta currently runs a weekly prize draw, the ‘Quanta Prize Draw’, which is regulated by the Isle of Man Gambling Supervision Commission and has a range of prizes and a potential jackpot. Quanta is also the major shareholder of Naija Lottery which is currently one of the biggest game operators in Nigeria.


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: Quanta Releases New Videos to Chronicle Its Mission and Roadmap

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

State Duma Approves the Bill to Simplify Customer Registration of Russian-licensed Online Sports Betting Sites

Published

on

2-12 State Duma Approves the Bill to Simplify Customer Registration of Russian-licensed Online Sports Betting SitesReading Time: 1 minute

 

Russia’s lower legislative body has approved the bill to simplify the customer registration process for Russian-licensed online sports betting sites.

State Duma has approved the third and final reading of federal law 423799-7, which will dramatically simplify the customer registration process. To take effect, the bill now requires the approval of the Federation Council and Vladimir Putin’s signature.

The bill explains that the “complex duplicate identification procedures” currently required to register with a Russian online bookmaker “encourages players to search for ways to overcome government measures … in order to gain access to foreign sites subjected to blocking by [Russian telecom watchdog] Roskomnadzor.”

The new legislation would allow bookmakers to delegate responsibility for customer identification to the TSUPIS, which will have three business days in which to transfer the info to the bookie. However, bookmakers may opt to conduct some due diligence on any new customer, just to be on the safe side.

If a bettor has already registered with Russia’s public services portal, both the bookmaker and the TSUPIS can accept this information as proof of the customer’s identity, so the customer need not make a physical trip anywhere.

There are some downsides to the simplified registration process, including a cap of RUB60k per individual transaction and a monthly cap of RUB200k for all transactions. However, this monthly cap can be overridden if the player verifies his document at TSUPIS partner’s retail location.

Nikolai Oganezov, who represents Betcity told that the new simplified registration could boost the overall domestic online betting customer base by 5% this year, with the growth up to 15% possible by the end of 2020.


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: State Duma Approves the Bill to Simplify Customer Registration of Russian-licensed Online Sports Betting Sites

Continue Reading

Latest News

Maine Legislature Passes Sports Betting Bill

Published

on

1-12 Maine Legislature Passes Sports Betting BillReading Time: 1 minute

 

Maine legislature has passed the sports betting bill. The Legislative Document 553 was given final approval by each chamber of the legislature and will now pass to Governor Janet Mills to be signed into law.

LD553 opens up the market to all of the state’s bricks and mortar gaming venues, such as commercial racetracks, off-track betting facilities, and commercial and tribal casinos. It will also allow mobile operators to apply for licences without the need for a land-based partner in the state.

Successful applicants will have to pay $20,000 as licence fee, 10% tax on land-based wagering revenue and 16% rate for mobile wagering. The bulk of revenue raised through these taxes will be allocated to the Maine General Fund.

Operators will be permitted to offer odds on all professional, collegiate and amateur sports events. Betting on events involving Maine-based colleges and universities will be prohibited. Only citizens aged 21 and above will be allowed to bet.


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: Maine Legislature Passes Sports Betting Bill

Continue Reading

Latest News

NetEnt invites players to give its marvellous money machine a spin with Cash-O-Matic

Published

on

Cash-O-Matic NetEnt invites players to give its marvellous money machine a spin with Cash-O-MaticReading Time: 1 minute

 

Cash-O-Matic is an adventure packed with Free Spins and Multipliers.

 

NetEnt’s Cash-O-Matic is a 1024-bet way, 5-reel, 4-row video slot designed with the look of an old-style cash machine and loaded with game mechanics.

The new, retro-looking title has flipped NetEnt’s proprietary AvalancheTM feature on its head. Now operating in reverse, AvalancheTM sees all winning symbols remain on the reels, while the rest disappear.

Cash-O-Matic is full of Free Spins and Multipliers. The number of Free Spins awarded equals the amount of Scatter symbols collected, with a minimum of 10 Free Spins there to be won. With Scatter lengths of up to 18, the number of Free Spins can get really high.”.

In the main game, the Level Multiplier is awarded if at least one row is filled with winning symbols. The more rows, the higher the Multiplier value. In Free Spins, the Multiplier depends on the number of Scatter symbols that activated Free Spins and can go as high as x50.

“We’re pleased to present Cash-O-Matic, a true homage to the first slot machine, the Liberty Bell. High volatility reverse AvalancheTM action, Free Games, Scatter Stacks and Multipliers in a very simple and elegant art package. A game for the VIP players out there.” said Bryan Upton, NetEnt Director of Games.

 

Play Cash-O-Matic video slot for free here


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: NetEnt invites players to give its marvellous money machine a spin with Cash-O-Matic

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.