Connect with us
NSoft

Latest News

Andrei Andronic Interview

Published

on

9-7 Andrei Andronic InterviewReading Time: 3 minutes

 

European Gaming caught up with Playson’s Andrei Andronic who talks European expansion, regulated markets, and why the ever-evolving nature of compliance is the perfect partner for innovation and a stepping stone to opportunity.

 

European Gaming: Is increased compliance and stricter regulation stifling innovation in betting and gaming, or should it be seen as an opportunity for more creative solutions?

Andrei Andronic (AA): It really depends on how one sees and understands compliance and regulations. Personally, I am of the opinion that the days when compliance was considered a constraint on a business’ development or innovation are now gone and this view is quite outdated.

For a business to thrive in an industry where regulations are evolving at such a pace, the key to success is flexibility. Though some companies see compliance as something that needs to be weathered, the pace setters view them as an opportunity to prosper. To reap the rewards of industry developments, companies must adapt.

With more countries regulating and competition intensifying, operators are under more pressure than ever to secure an advantage. Companies should be able to adapt deftly and swiftly, meaning the evolution of compliance, regulation and the industry as a whole should be welcomed as an opportunity to flourish.

European Gaming: What are the particular challenges for operators and suppliers in Central and Eastern Europe at the moment?

AA: At the moment, operators face significant challenges. The regulatory regimes are so dynamic that it is a real struggle to keep up with new and ever-changing requirements or occasionally completely new licensing regimes. These processes can take years and be a very busy period for compliance specialists. With the lack of homogeny in Central and Eastern European regions, what works in one area is completely different in another. Playson recently secured a Class II Licence from the Romanian regulators (ONJN), a licence I had been working on right from the start, and one that meant a lot with Romania being my home country. Yet, even knowing the gambling infrastructure well, the process still took a long time, and inevitably would be a completely different experience if you compared it to other regulations.

Operators are also scrutinised more by the relevant authorities than suppliers, but on the other hand, suppliers face more legal challenges. Though the competition in these markets, especially in relation to compliance, can be used as a unique tool to gain an advantage.

Many companies are embracing and implementing compliance as potential boost to their success in Central and Eastern Europe as it mitigates the risk of regulatory actions. Ultimately it presents a company as solid, reliable and trustworthy partner.

European Gaming: What products and services are Playson putting in place to ensure they are both innovative and compliant at the same time?

AA: Our development/engineering, product and integration teams are doing a fantastic job and always creating interesting and unique products. We target regulated markets and ensure technical compliance with the help of our test lab.

When facilitating the evolution of compliance, innovation is an inherent by-product of staying ahead of the curve. At Playson, we are constantly training, be it in-house or utlisiing external workshops. All of our employees are kept up to date on the latest levels of compliance. There’s a truly cohesive structure here at Playson whereby those in all divisions are kept abreast of any changes in compliance, and training sessions can be suggested by any department in house to make sure we observe any updates to the social responsibility aspects and other regulatory requirements imposed to us through our licensing conditions.

European Gaming: How important are Central and Eastern European markets to Playson?

AA: Central and Eastern Europe is a big focus for us at the moment and we have made some prominent commercial advances into these areas over recent months. It’s a market that collectively we have a wealth of experience dealing with, and that as company, we see a huge amount of potential in. We’ve enhanced our position in markets such as Lithuania, Latvia, Italy with partnership deals and we recently obtained a Class II Romanian license by the ONJN.

These partnerships are not only a fantastic opportunity for us to have our games released to as many players as possible, but with each new market we enter we acquire more knowledge about regulations and territories. This makes us greater equipped to dealing with possible issues in a variety of regions should they arise, and ultimately makes us a more robust potential commercial partner.


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: Andrei Andronic Interview

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

BGC Urges UK Government to Accelerate Casino Reopening Plans

Published

on

6-2-4 BGC Urges UK Government to Accelerate Casino Reopening Plans
6-2-4-1 BGC Urges UK Government to Accelerate Casino Reopening PlansReading Time: < 1 minute

 

The Betting and Gaming Council (BGC) has urged the UK government to allow land-based casinos to reopen from July. BGC also highlighted the safety measures being taken by the operators.

Betting and Gaming Council chief executive Michael Dugher said it was clear the venues had “pulled out all the stops” after visiting Rialto Casino in the heart of London.

Casinos in the UK have been closed since March as part of the national effort to contain the spread of COVID-19.

Mr. Dugher said: “I was hugely impressed by what I saw at the Rialto Casino, one of the Grosvenor casinos. From markings urging social distancing on the floor, to multiple hand sanitisers, sanitised chips and screens separating customers and staff, it’s obvious they have pulled out all the stops to make sure they can re-open safely. I know other operators from across the country are making similar efforts and investment.

“We were obviously disappointed by the Government’s decision not to let casinos reopen again on 4 July, but I would urge ministers to look at the anti-Covid measures casinos have introduced, reconsider the decision to keep them closed and let casinos open their doors safely later in July.

“We want to play our part in kick starting the economy, just like other parts of the leisure, entertainment and hospitality industry. In this time of great economic uncertainty, the contribution that casinos make to the nation’s finances cannot be under-estimated. We hope that the Government will respond positively and quickly – and avoid the threat of significant job losses.”


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: BGC Urges UK Government to Accelerate Casino Reopening Plans

Continue Reading

Latest News

Relax Gaming rallies the troops in its new slot Marching Legions

Published

on

Marching-Legions Relax Gaming rallies the troops in its new slot Marching Legions
Marching-Legions-1 Relax Gaming rallies the troops in its new slot Marching LegionsReading Time: 1 minute

 

Relax Gaming, igaming aggregator and supplier of unique content, is commencing a battle for big wins in its latest release Marching Legions.

The 5×3 slot is packed with engagement-enhancing features, including Marching Respins, Nudges and Free Spins, which make for an epic gameplay as players try to command and conquer the reels to win up to 10,000x their bet.

As on any battlefield, there’s strength in numbers. Each time a full stack of legionaries appears they brandish their swords and charge across the game area, triggering Respins in their wake.

If another full stack lands during Respins, it will turn into a Marching Stack, continuing the feature until the troops march off the game screen.

Every stack that marches out of sight is recorded in the Free Spins Collection Meter until five have been counted, unlocking new territory in the Free Spins round. Here, players collect horn symbols to progress across the frontline with new waves of legionaries and free spins.

The handy Nudge feature also helps to build a full stack if only two or more partial stacks have landed, boosting players’ chance of triggering the bonus round.

With an RTP of 98.12%, Marching Legions offers a high-volatility slot experience with massive payout potential.

Simon Hammon, Relax Gaming CPO, said: “Marching Legions is a bold new addition to our portfolio that combines exciting features with fun graphics and animations to make for an all-round engaging game.

“The winning opportunity with this slot is sure to draw in a range of player types as they rally the troops in quest of big wins and a rewarding slot experience.”

Relax Gaming, now celebrating its 10th year of supplying the industry’s leading online casinos, provides its partners with a roster of over 1000 proprietary and third-party studio games through a single integration process.


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: Relax Gaming rallies the troops in its new slot Marching Legions

Continue Reading

Latest News

Amelco secures Colorado regulatory approval

Published

on

amelco-fx Amelco secures Colorado regulatory approval
amelco-fx-1 Amelco secures Colorado regulatory approvalReading Time: < 1 minute

 

Amelco, the leading sports betting software and trading services provider, has secured yet another major US milestone, receiving regulatory approval to operate in the state of Colorado.

The supplier of choice for the U.S. industry’s multi-territory tier one operators, including Flutter Entertainment and FOX Bet, the Colorado licence is the latest landmark in Amelco’s US development roadmap.

Already live in Colorado with the Stars Group, the provider is set to launch its second sports betting platform, BetWildwood, later in July – via a joint venture with ISI Race & Sports to deliver Wildwood Casino’s inaugural online sportsbook.

Commenting on its Colorado expansion, Brandon Walker, Head of Business Development at Amelco said:

“I’m delighted to announce that Amelco has added another licence to our growing list of US states where will be doing business – highlighting our platform’s capability to meet any compliance requirement.

“As well as the Stars Group, we’re set to deliver Wildwood Casino’s first online sports betting offering, one of Cripple Creek’s most popular VIP-centric locations, with a series of further major sports wagering partnerships due to be announced later in the year.”

With more than a decade of experience in supplying tailored software solutions, Amelco provides bespoke enterprise sports betting and trading platforms to a large number of leading sportsbooks around the world.


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: Amelco secures Colorado regulatory approval

Continue Reading

Trending

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: sales@europeangaming.eu

Editorial / PR Submissions: editor@europeangaming.eu

Copyright © 2015 - 2020 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.