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OKTO To Showcase Fintech Gaming Solutions At SBWA 2019

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simon-okto OKTO To Showcase Fintech Gaming Solutions At SBWA 2019Reading Time: 1 minute

 

OKTO Group, the financial technology provider specialising in innovative digital payment and player engagement applications, is primed and ready to attend next week’s Sports Betting West Africa (SBWA) event in Lagos, Nigeria.

OKTO’s commercial team will be on hand at stand #1017 during the three-day conference, held between the 23rd and 25th July, to demonstrate how its mobile-centric payment solution can drive player engagement leveraging cutting-edge financial technologies.

The Athens-based company aims to tackle the challenges currently faced by Nigerian operators in bridging the gap between the payment and retail experience, providing a seamless digital journey across multiple player channels with add-on loyalty and promotional functions.

Fresh after hiring Simon Dorsen to head up its gaming division, OKTO is preparing to hit the ground running in Africa and build on the success of its digital banking, mobile payment and retail products in Europe.

With experience in directly operating an established network of 5,000 points of sale across multiple jurisdictions and processing transactions reaching up to €1 billion, the payment service provider is well positioned for rapid growth in the region.

Simon Dorsen, Director of Gaming at OKTO, said: “Behind OKTO’s gaming solution is a wealth of knowledge in betting and gaming, which has driven us to create a fully digital experience that truly responds to the challenges of the modern market. 

“With our technology, operators can access mobile based cashless and paperless betting solutions that address the unique challenges in Africa; reducing cash handling costs, speeding up the flow of transactions and delivering a better player experience.  We’re extremely excited to showcase our innovative solutions to SBWA attendees.” 


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: OKTO To Showcase Fintech Gaming Solutions At SBWA 2019

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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1ClickGames figured how to replace human labour with innovative ATM and POS

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4-12 1ClickGames figured how to replace human labour with innovative ATM and POSReading Time: 1 minute

1ClickGames has created a business solution that will satisfy both clients and customer needs. The main goal of each gaming business whether land-based or online is to reduce costs and make most processes automated. Less human labor, more machine, this is the credo of 1ClickGames innovational products for retail business.

 

1ClickGames is happy to announce the updated mobile POS terminal and Interactive Lottery Terminal/ATM.   Mobile POS (point of sale) – is an Android-based retailer terminal, which can operate anytime and anywhere, and is loaded with all the necessary cashier functions. The device has a touch screen, printing module, and a new Android system. Terminal supports a full range of lottery games and sports bets; which all can be adapted to the market you operate in to satisfy your customers’ needs.

The Interactive Lottery Terminal/ATM is a self-services machine, that provides multiple intuitive modern technologies to significantly increase engagement with a customer. It provides cashless payments, lottery ticket purchase, payout of winning ticket or exchange. The ATM is available in English, Spanish, German, French, Italian and additional languages.

 

Maxim Terehovich, 1ClickGames CEO: Technology does not stand still and we keep pace with the times. We constantly monitor customer needs, problems or desires, creating products that will start working from the first-time client will turn it on. Our company understands the importance of making gaming portative, providing services in the regions with bad infrastructure or low internet accessibility. The POS and ATM are great solutions for companies that want to automate some of their selling processes and reduce expenses on employees.


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: 1ClickGames figured how to replace human labour with innovative ATM and POS

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Losers and Winners of Online Gambling in China

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1-13 Losers and Winners of Online Gambling in ChinaReading Time: 1 minute

Countless ordinary Chinese people, driven by greed and ignorance, have fallen into online gambling like the moths flying towards the fire.

In 2018, Chinese handset maker Gionee was forced into bankruptcy liquidation. The reason was that Liu Lirong, the owner of Gionee, gambled and lost more than 1 billion Chinese yuan in Saipan Island, leading to a shortage of operating capital and final bankruptcy.

Traditional Confucianism holds that gambling means greed and depravity. Many Chinese literary works and academic studies have portrayed Chinese gamblers and many people think that Chinese people are fond of gambling.

Before the rise of online gambling in many countries, China’s neighbouring countries once set up casinos in border areas with China to attract Chinese tourists and gamblers. Gambling-related criminal cases caused a lot of trouble for the Chinese government. Under pressure from the Chinese government, casinos in many border areas had been shut down.

The rise of online gambling has changed the story. Gaming companies have been able to spread their tentacles into every corner of China with the help of internet.

The reason why the gaming companies in the Philippines employ a large number of Chinese employees is that all of the Chinese employees can speak Chinese and most of the customers they serve are Chinese citizens.


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: Losers and Winners of Online Gambling in China

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Call for New Gambling Laws in New Zealand to Protect Vulnerable People from Offshore Gambling Sites

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4-11 Call for New Gambling Laws in New Zealand to Protect Vulnerable People from Offshore Gambling SitesReading Time: 1 minute

 

Fiona Cambridge, PGF Services counsellor of Dunedin, has said that the government needs to update its legislation to protect vulnerable people from offshore gambling sites.

Although it was illegal for overseas online gambling operators to advertise to New Zealanders, they had ways to direct internet users to their sites. Domestic gambling operators had to be responsible hosts, giving gamblers some sense of protection.

Tracey Martin, Internal Affairs Minister, said that betting offshore was legal, and New Zealanders had spent about $380 million on offshore gambling sites in the past 18 months.

Unlike domestic gambling operators, offshore online gambling operators did not contribute to the community through funding grants, Mrs. Martin said.

A discussion document had been launched seeking feedback on a range of options such as establishing a licensing system, where online providers must meet certain conditions to be able to legally offer their services in New Zealand.

Other options include geo­blocking access to overseas gambling sites or banning the use of credit cards for online gambling. The public consultation runs until the end of next month.

Ms. Cambridge encouraged people to make a submission, especially if they knew of anyone who had lost money to an overseas gambling operator.


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: Call for New Gambling Laws in New Zealand to Protect Vulnerable People from Offshore Gambling Sites

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