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Poker in Eastern Europe, here are some myths busted

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poker-eastern-europe Poker in Eastern Europe, here are some myths busted

 

Reports claim that Eastern European countries have a high market share and that Russia is the second largest poker market after Germany. Just by claiming that Russia is part of Eastern Europe is a false claim and also if you judge by the incomes and players spend, you also are able to find that Eastern Europe doesn’t have a high market share when it comes to playing poker.

Even if there is no difference between between the skills of an Eastern European player who has a minimum wage of 450 EUR per month and the Western European players who likely makes more than 2500 EUR per month, the true grinders come from a different category.

The Eastern European poker players that are spending big are usually the expats living in Budapest, Bucharest (make sure not to mix these two), Bratislava or Prague for certain cost reasons and representing the region in market share. You can call them a sort of online poker players/digital nomads. There are even sites that promote Budapest a possible Poker Refugee camp for poker players that wanted to play online poker after “Black Friday” hit their favorite skill game.

Texas Hold’em has seen its fair share of popular times and it has certainly impacted the less developed countries in Eastern Europe. This happened at the beginning of 2004-2005 when everyone was imagining that their skills are similar to Daniel Negreanu’s, due to his origins from the region. During this period there hasn’t been any regulation in place and all players had the possibility of engaging into playing poker online on any poker room from around the world.

Things have changed in the mean time when the online gambling industry was regulated in Romania at the end of 2013 and things started shifting towards a more responsible industry in which players were fewer, but started spending more and stronger communities were built.

888poker has remained a key and trusted brand in the region, attracting players each year to WSOP Europe and also to their online poker room with the most realistic deposit bonuses and play methods.

We must also mention that WSOP Europe (WSOPE) is returning to King’s Resort Rozvadov for the third consecutive year, with the central Europe locale and venue playing host for the 2019 edition this Fall.

WSOPE is set to run from October 15 to November 4, again featuring 10 official WSOP gold bracelet events. In 2018, the event schedule saw 6,028 entries compete for €20,997,184 in prize money.

It is a very popular tournament that gives Eastern Europeans and all European players a chance to compete in the heart of Europe, easily accessible for everyone. It is by far the most popular event in Europe.

In order to sum it all up, there is nothing peculiar about the poker industry in Eastern Europe versus the poker industry from the other sides of the world, it’s just having trustworthy poker rooms that offer players from regulated jurisdictions to develop their poker skills and also compete in international tournaments.

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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DAOGroup launches industry’s fastest blockchain platform

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White label offering to provide no-deposit casino mechanics with real-time pay outs

 

DAOGroup, the iGaming cryptocurrency and blockchain solutions provider, has unveiled the industry’s fastest blockchain-based platform.

Boasting a transaction speed measuring as little as a second, DAO’s latest launch has been designed to revolutionise the industry’s mainstream acceptance of blockchain-based gaming.

Available as a white label solution, DAO’s use of blockchain enables operators to offer no-deposit gaming and real time pay outs in the industry’s first workable format.

Harnessing super-fast finality to determine a provably fair outcome almost instantaneously, DAO’s platform eliminates the need for players to deposit money ahead of playing – with winnings and losses extracted from the player’s digital wallet directly via the use of smart contracts.

In comparison, alternative blockchains such as Ethereum take more than 15 minutes to reach any level of probabilistic finality making real iGaming practically impossible.

With a surge in demand for crypto gaming in recent months, DAOGroup CCO Glen Bullen sees the platform’s launch as a kick-start towards player deposits becoming an outdated concept.

He added: “We’re dedicated to transforming the iGaming industry’s understanding and use of cryptocurrency and blockchain technology, with the launch of our platform coming at a pivotal time when that conversation is returning to the mainstream. 

“Crypto-based gaming has proved bullish in the last few months and we’re here to start bringing its benefits into the mainstream for operators. 

“As well as offering an entire ecosystem for the development and migration of blockchain-based games, we’re able to offer the industry’s fastest and most reliable platform with no-deposit mechanics and real-time pay outs.”

The company also unveiled DAOWallet in early 2020, delivering an advanced cryptocurrency-fiat gateway that enables operators to offer third-party cryptocurrency transactions without the need for additional AML and compliance procedures.


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: DAOGroup launches industry’s fastest blockchain platform

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R. Franco Digital and GAMING1 partner for international expansion

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Established market leaders to join forces for global operations

R. Franco Digital, R. Franco Group’s digital division, has signed an agreement with leading gaming and sports betting partner GAMING1, in a move that further enhances both companies’ growing worldwide appeal and development.

The deal gives GAMING1’s customers access to R. Franco Digital’s extensive catalogue of hit games such as Time Lab, Fortune Jungle and Magic Jewels, as well as R Franco Digital’s range of EGR-shortlisted award products and services, including its IRIS platform.

Likewise, GAMING1’s catalogue of 120+ in-house games are to be incorporated into R Franco Digital’s Spanish operator brand, Wanabet.

One of the gaming industry’s largest operators, GAMING1 operates more than 20 online gaming brands with land-based partner operators in Spain, Portugal, France, Serbia, Peru and Colombia.

With shared operations set to start in Belgium, their strategic partnership will extend to Spain (with circus.es), as well as Colombia (with zamba.com), with Malta to also follow.

The partnership is to further expand R. Franco Digital’s footprint as it enhances its presence across global regulated markets – following recent deals signed with the likes of Dafabet, 1XBet and BetConstruct.

Javier Sacristan, Director of R Franco Digital, said: “Working alongside a company as well-established as GAMING1 is the perfect way to deliver our immersive range of games to a growing global client base.

“Both companies share a strong land-based heritage with a proven track record for bringing operators into the online domain. We look forward to pooling our years of experience together to deliver one of the industry’s most efficient betting operations.”

Sabri Tekaya, General Manager at GAMING1, said: “Spain’s legendary gaming company needs no introduction, and we’re delighted to be signing a deal that will broaden both company’s international reach.

“Starting with our home market of Belgium, we plan to scale our shared operations together across Spain, Colombia and Malta – and I am fully confident that this will be the start of a long and productive business relationship.”


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: R. Franco Digital and GAMING1 partner for international expansion

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Playson to launch slots portfolio with Sesame’s new online casino

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Casino software provider Playson has agreed a deal with Bulgarian gaming group Sesame to supply the company’s new online casino with its content.

With a 20-strong retail estate in locations across the country, the operator is strengthening its position in Bulgaria by launching a new online offering, with Playson’s range of games set to feature prominently.

An assortment of Playson’s hit games will go live with Sesame, including Pearl Beauty: Hold and Win, Solar Temple, Solar Queen, its Funky Fruits portfolio and Timeless Fruit Slots.

The operator’s offering will also be boosted by the addition of Playson’s integration-free engagement tools, which have been demonstrated to significantly increase player retention.

Blanka Homor, Sales Director at Playson, said: “Sesame is a well-respected operator in Bulgaria with highly promising commercial prospects, so we are delighted to have signed this agreement to launch our games with its new online casino.

“With an immersive range of in-game mechanics, inviting themes and engagement tools, our portfolio will undoubtedly be a hit with its players.”

Deyan Dimitrov, CEO of Sesame Online said: “Playson is earning a deserved reputation as one of the most dynamic slot providers on today’s market, so we are delighted to partner with the exciting games studio.

“The addition of engaging content such as Playson’s will help us attract new customers by offering fresh and exciting gaming experiences to an ever-expanding fanbase.”


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 to launch slots portfolio with Sesame’s new online casino

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