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Poker in Eastern Europe, here are some myths busted

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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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SoftSwiss updates Pay N Play by Trustly for online casino projects

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SoftSwiss updates Pay N Play by Trustly for online casino projects
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SoftSwiss has recently introduced new technical updates for the Pay N Play payment method by payments service provider Trustly. 

The new developments will enable SoftSwiss online casino clients to activate all currently available markets seamlessly and hassle-free at once.

SoftSwiss Online Casino Platform future and prospective clients can now activate all available payment markets. The new add-ons will boost the productivity of the Platform as well as increase its player retention and conversion rates. The Pay N Play by Trustly is being offered to the operators running brands on the SoftSwiss Online Casino Platform since the beginning of 2020. Since then, it has proved itself to be a major time-saving tool, eliminating time-consuming player verification procedures.

Pay N Play is a technology developed by the payments service provider Trustly that allows players to deposit almost immediately after arriving at your online casino. In short, everything the player has to do is log in to the casino by securely using their own bank ID. The game starts instantly and effortlessly.

Vadim Drozd, PSP Team Lead at SoftSwiss noted: “SoftSwiss’s motto is to always strive to provide our clients with up-to-date technological solutions that will help them to have a positive impact on their business development. The new Pay N Play update will help our clients to save precious time as well as build and increase player loyalty”.

 

About SoftSwiss

SoftSwiss is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a “one-stop-shop” white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched sportsbook platform. In 2013 SoftSwiss was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

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Gambling Venues in Denmark to Remain Closed Until April 5

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Gambling Venues in Denmark to Remain Closed Until April 5
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The Danish Government has announced that casinos and gaming halls across the country will remain closed until April 5 at the earliest, in line with extended novel coronavirus (Covid-19) restrictions.

Venues temporarily shut in December last year after the government extended national Covid-19 measures until February 28, with the aim of opening early in 2021.

However, as Covid-19 case rates remained higher, venues have been kept closed in an effort to prevent further spread while Denmark commenced its vaccination programme.

In its latest update, the Danish Health and Medicines Authority announced that despite some relaxation of measures, casinos, gaming halls and restaurants will remain shut until at least 5 April.

A selection of other venues such as some non-essential shops and outdoor visitor attractions will be able to reopen in some regions, while certain year groups will also be allowed back into schools in select areas. All other measures, including travel restrictions, will remain in place until early April.

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Five Groups Qualify to Enter Next Phase of Nagasaki IR Process

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Five Groups Qualify to Enter Next Phase of Nagasaki IR Process
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All the five groups that entered Nagasaki prefecture’s request-for-proposal (RFP) process with the aim of participating in its bid for an integrated resort (IR) licence have qualified for the next phase of the process.

The five groups are: a consortium led by Oshidori International Holdings Ltd; Casinos Austria International Japan; Current Group; the Niki Chau Fwu (Parkview) Group; and One Kyushu, a consortium between Tokyo-listed Pixel Companyz Inc and French gaming operator Groupe Partouche SA.

The prefecture will complete a “first round” of evaluation of would-be partners this month to reduce the list of bidders to three. After that, a second round will include a “competitive dialogue” with would-be partners. The groups will then have to present their projects in August for the prefecture to make a final decision.

Japan plans to initially approve three integrated resorts in the country. Proposals must include a casino, tourism attractions, hotels and meeting spaces.

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