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D-A-CH market in focus at CEEGC2019 Budapest, updates from Austria, Liechtenstein, Switzerland and Germany
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Mainly German-speaking region in focus at CEEGC2019 Budapest!
There has always been quite a stir when it comes to discussing the D-A-CH region at the European Gaming Media and Events organized conferences, however, this time it is different.
Germany:
The industry has seen lots of news coming out about the German gambling industry during the summer and among them is the report which showed that gambling advertising spend in Germany had increased 300% in last five years, but also PayPal’s Crackdown in Germany for transactions that are tied to online gambling.
In other news, the Regional Council of Darmstadt in the German state of Hesse has issued the guidelines to apply for sports betting license in the country.
As per the new guidelines, the gambling operators seeking licenses for online sports betting in Germany will have to show that they are not associated with online casino operators or affiliates offering online casino products to locals.
The guidelines explicitly mention that the licensed online gambling operators in Germany would not be allowed to “operate or broker unauthorized gambling in Germany, either themselves or through affiliated companies, once the license has been granted.”
Austria:
IWG – the award-winning supplier of online, instant win games – has been selected to supply the Austrian Lotteries (Österreichische Lotterien) with its portfolio of games.
Following the initial launch at win2day.at, the gaming site of the Austrian Lotteries, titles from IWG’s portfolio of over 100 games will be regularly added over the coming months giving players an alternative and unique playing experience.
Other news also mention that players in Austria have filed a lawsuit against the online casino websites, reclaiming the losses incurred over a period of past two and a half years. It is estimated that players who have filed the lawsuit lost sums to the tune of €3,000 over the past two and a half years.
OVWG, the Austrian Association for Betting and Gambling, said that the gambling operators would have to contest the lawsuit on their own. The lawsuit is filed against the gambling operators who were offering online gambling without having the necessary permits to operate in Austria.
Liechtenstein:
Casinos Austria International will open Liechtenstein’s second casino in the Pirandello business center in Schaanwald on 25 October.
Liechtenstein saw the opening of its first casino, operated by Admiral, part of the Novomatic group, in August this year.
Local newspaper Wiener Zeitung reported that businessman Wolfgang Egger planned to open a casino near the principality’s capital city of Vaduz after the entrepreneur won the constitutional monarchy’s initial public tender for a license.
Switzerland
On Friday 5th July 2019, jackpots.ch, the online brand of Grand Casino Baden became the first legal online casino to go live in Switzerland under the new regulatory framework. It was announced earlier this year that Grand Casino Baden had made a strategic move to secure its own online destiny by investing in Gamanza, a highly promising start-up with the capacity to build a world-class platform solution.
As mentioned above, there is more to talk about the D-A-CH region than ever before and we are excited to announce that the “D-A-CH regional update compliance panel discussion will be joined by leading experts such as Hannah Kennish (Legal and Regulatory Affairs Manager at Playtech), Jessica Maier, LLM (Partner at MELCHERS law firm) and Robert Toth (Key Account Manager at Global Bet).
The compliance panel discussion will be moderated by Dr. Simon Planzer (Partner at PLANZER LAW), who is the key expert in the region when it comes to the gambling industry.
The 2019 edition of CEEGC Budapest takes place on the 24th of September at The Ritz-Carlton Budapest and welcomes some of the biggest names of the online and land-based gambling industry from all around Europe with an emphasis on Central and Eastern Europe, North America, D-A-CH region and the Balkans.
Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.
You can view the profiles speakers and moderator below:
Hannah Kennish – Legal and Regulatory Affairs Manager at Playtech
Hannah Kennish is a Legal and Regulatory Affairs Manager for Playtech, the gambling industry’s leading software and services supplier, which supports operators in over 25 regulated markets worldwide.
Since joining Playtech in 2018 Hannah has been responsible for all regulatory compliance matters in newly-regulated markets, including Switzerland, Sweden and is leading Playtech’s license applications in various states in the USA. Hannah also focuses on Playtech BGT Sports compliance, which includes retail sports betting operations in Austria and Germany.
Hannah has a master’s degree in International Business from the University of Edinburgh and a Master of Laws LL.M in International Corporate Legal Practice from the University of Law, London.
Jessica Maier, LLM – Partner at MELCHERS law firm
Jessica is a partner with MELCHERS law firm in Germany. She advises clients on all aspects of gambling law with a focus on regulation, licensing and compliance. She has been involved in regulatory due diligence reviews in the context of corporate acquisitions and provides strategic advice to her clients. Jessica is experienced in lobbying and regularly contributes to industry publications. She is a member of the International Association of Gaming Advisors (IAGA) and Global Gaming Women (GGW).
Robert Toth – Key Account Manager at Global Bet
Robert Toth started in the iGaming industry more than 10 years ago. He joined Global Bet in 2012, where he was responsible for high profile customer accounts, during a period of considerable business growth. Currently, he is managing the company’s various aspects of business development, project coordination, and account management.
He has extensive knowledge of the inner workings of the gaming industry and his exceptional interpersonal skills enabled him to bring together his business experience from across all continents. As one of the pioneers in virtual gaming development, he is one of the few people in the industry with sufficient in-depth know-how regarding virtual sports-related matters.
The company he works for, Global Bet, is the biggest independent provider for virtual sports, with an in-house team of expert developers and award-winning 3d artists. With customers on all continents, Global Bet provides a fully customized Virtual Sports portfolio of more than 15 sports and number games. Global Bet offers a broad portfolio of games, including everything from Football and Tennis to Basketball, Horse and Greyhound races.
Dr. Simon Planzer – Partner at PLANZER LAW (panel moderator)
Dr. Simon Planzer is a partner at PLANZER LAW, a Zurich-based gaming law boutique.
PLANZER LAW’s team provides strategic, regulatory and legal advice to companies, regulators and other stakeholders across all areas of the gaming and entertainment industry.
The firm’s primary focus is on EU/EEA gaming law, compliance issues such as AML as well as Swiss gaming law and related commercial, corporate and financial matters.
Dr. Simon Planzer is General Member of the International Masters of Gaming Law. An alumnus of the College of Europe, he specialised early on in EU affairs and gaming law, working at the EFTA Court, the legal service of the EFTA Secretariat and as research fellow in European business law.
Dr. Simon Planzer is the author of the monograph (PhD) ‘Empirical Views on European Gambling Law and Addiction’(2014) and the book chapter ‘Gambling Law’ in The Handbook of EEA Law (2016), both published by Springer International Publishing. Simon also works as a Lecturer in Law at the University of St.Gallen where he teaches European Economic Law. He studied and did research i.a. at Harvard University, the College of Europe and the European University Institute.
Dr. Simon Planzer, founding partner of PLANZER LAW has recently received the recognition from Chambers & Partners and has been listed as a global gaming law expert. Clients and firms across many practice areas and geographies have trusted Chambers’ research for nearly 30 years.
Dr. Simon Planzer, founder of Planzer Law, is endorsed by interviewees (Chambers & Partners) as “absolutely excellent” and “the top Swiss lawyer” for gaming. He is actively involved in the shaping of gaming regulations in Switzerland, regularly interacting with the authorities, as well as providing regulatory advice to private clients. Based in Zürich, he is additionally active representing fantasy sports companies.
Browse the official event website for more details: www.ceegc.eu
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: D-A-CH market in focus at CEEGC2019 Budapest, updates from Austria, Liechtenstein, Switzerland and Germany
One of the top casino game providers, Endorphina, has announced the release of its brand-new title, Jolly Queen, which will join its portfolio on April 27th. Jolly Queen is a 5-reel, 5-row fruit slot with 50 fixed paylines, introducing players to the lifestyle of the nobles.
On top of the aristocratic ambiance, Jolly Queen provides players with Free Games, allowing them to master the reels. During the Free Games, at least one Expanding Wild Joker is guaranteed to appear on the screen.
Furthermore, Jolly Queen also features the Royal Treasures Pick Game, enabling players to get a taste of the noble lifestyle. In the Bonus Game, players can choose from three gold-filled treasure chests, containing prizes of 10x, 30x, and 50x their total bets.
The post Endorphina releases its newest title – Jolly Queen! appeared first on European Gaming Industry News.
Latest News
Kambi Group’s AI-powered trading division Tzeract enters into Bet Builder partnership with European operator kwiff
Tzeract to provide its leading Bet Builder product in the cutting-edge supplier’s first commercial partnership
Kambi Group plc, the world’s trusted sports betting partner, today announced its AI-powered trading division Tzeract has partnered with kwiff to provide its powerful Bet Builder product to the innovative sports betting operator.
The partnership represents the first commercial deal for Tzeract since it was officially launched as a standalone division earlier this year, marking a significant step forward for Kambi as it continues to expand its range of modular services.
Tzeract will initially provide kwiff with its industry-leading Bet Builder football product ahead of the highly anticipated Euro 2024 football tournament, ensuring kwiff customers enjoy an unparalleled betting experience throughout the competition. Additional sports will be added during the course of the partnership.
Unlike other third-party products, Tzeract’s Bet Builder has been designed to seamlessly integrate into an operator’s existing sportsbook and can utilise either the operator’s existing pricing or leverage Tzeract’s AI-generated odds. Working with kwiff, the super-charged betting operator, known for its proprietary platform, sportsbook and innovative modular tech stack, presented Tzeract both of these opportunities.
Having powered football pricing for the Kambi network since 2022, Tzeract is on a mission to establish a new standard in sports betting by providing an indispensable service which empowers operator innovation and makes it possible to bet on anything, at any time.
As part of the Kambi Group, Tzeract benefits from Kambi’s vast network data to inform its state-of-the-art AI-powered algorithmic trading capabilities in combination with increasingly rich sports data.
David Jacquet, Interim Managing Director at Tzeract, commented: “I am thrilled to announce Tzeract’s inaugural commercial partnership which will enable us to demonstrate the full power of Tzeract outside of the Kambi network for the first time. To work with such an innovative sportsbook like kwiff will provide the opportunities to build the world’s most exciting and intuitive betting experiences together.”
Niklas Fallsjo, Head of Sportsbook Innovation at kwiff, added: “We are delighted to partner with Tzeract and integrate their market-leading Bet Builder product into our proprietary sportsbook. This innovative solution perfectly aligns with our commitment to providing our customers with an unrivalled and entertaining betting experience. We are confident that the addition of Bet Builder will be a hit with our players.”
The post Kambi Group’s AI-powered trading division Tzeract enters into Bet Builder partnership with European operator kwiff appeared first on European Gaming Industry News.
Could you describe the range of products and services that Wise Gaming offers? What makes them unique or appealing to potential clients?
Wise Gaming is the fastest-growing, Complete platform offering both White-Label & Turnkey Solutions. The Wise Gaming solutions are built from our team’s extensive experience: 15 years B2C and 10 years B2B. We know the importance of a truly modular approach, allowing our partner the ability to obtain our entire solution or individual components to enhance what they already have.
In what regions or markets does Wise Gaming primarily operate? Are there any plans for expansion into new territories?
Our focus has been on both the European & LatAm Continents. With enormous success in our B2C operations, we are relying on our extensive experience. We believe the balance between established & emerging markets brings both knowledge and the ability to learn and adapt, truly focusing on our partners needs without limitations.
2025 will be Wise Gaming’s year of expansion! 2024‘s goal is about building on our success in EU & LatAm whilst planning next years’ growth in both Africa & Asia.
What technologies does Wise Gaming employ to deliver its iGaming solutions? Can you highlight any proprietary technologies or platforms that differentiate your offerings?
From our 15 years of B2C success, we felt that we understood both the pleasure points and pain points that most operators face on a daily & weekly basis. Therefore, we build our Wise Gaming solutions with a customer-centric approach, How can we support our partners to support their customers. We diligently sourced the industry’s best-in-class providers for both our Sportsbook & Casino content, utilizing Enterprise software to provide the most robust offering in the iGaming industry.
Our dedicated in-house teams visualize, build and enhance our Proprietary systems for each of our Partner’s needs, making each of our partners brands Unique.
In what ways does Wise Gaming prioritise security and data protection within its technology infrastructure?
As previously mentioned, our customer-centric approach is vitally important to Wise Gaming and our Partners! Providing the correct technology and experience to our partners is key to having a successful KYC, AML, Due Diligence and Data Protection process. We opted for Amazon AWS solutioning to provide market-leading security, Encrypted databases & data storage, penetration resilience, DDoS attack elimination, dedicated Back-Office segmentation and User-based access, protecting player data while safeguarding our partners operations.
What are the current trends or challenges you’re seeing in the iGaming market? How is Wise Gaming adapting to these changes?
The speed in which technology advances is always a challenge for any provider. The key is to know your markets, the players, the accessibility of online entertainment such a sports betting & casinos and implement the technology that meets these variables. Everyone is talking about AI & Machine learning, and rightly so! With such advancements AI & Machine Learning models, it would be irresponsible not to utilize them. Whether it’s for Player customisation, Events based recommendation or supporting operational needs such as RG, KYC & AML, AI & machine Learning should be used to ENHANCE human interaction, not replace. At Wise Gaming, we have already implemented AI & Machine Learning models to provide the unique edge to our partners.
Also localized content is important. Every market is its own unique playground with their own specific cultural identities. Knowing these identities and becoming an expert in these will not only assist in the acquisition of players, it signifies a brand’s genuineness and authenticity to that market and allows greater player retention. At Wise Gaming we have already implemented A.I & Machine Learning models
How does Wise Gaming ensure compliance with regulations in various jurisdictions? How important is regulatory adherence in your sales approach?
I will answer these 2 questions together. The market is experiencing a shift in regulation, and compliance. MGA & CGA license domination has been challenged, with more and more markets opting for tighter safety measures and implementing their own self-regulated approach. This brings safety to players and trust.
Working alongside regulators will always help, and more importantly, we can learn from each other. Adhering to regulation is ultimately for a player’s safety and that is paramount for the industry’s longevity. Wise Gaming continuously enhances its platform to conform with regulations, making it safe and reliable for our partners.
What are the key factors potential clients considering when choosing an iGaming provider, and how does Wise Gaming address these factors in its offerings?
As previously mentioned, experience and knowledge are key attributes from both an operational and technical aspect. “You can’t plant apple trees and expect to get oranges!” Wise Gaming’s experience & knowledge puts us, and our partners, at the forefront of each market, allowing substantial growth and higher ROI.
Time to market should also be a priority. Whilst most Providers offer 2-4 months implementation time, Wise Gaming can deploy your platform within 2-4 weeks, giving us the competitive edge in a highly competitive space.
How does Wise Gaming incorporate feedback from clients into product development and improvement?
Experience and knowledge are simply 1’s learning over time. Our approach at Wise Gaming is that of a learning mentality, “you are never too old to learn!” iGaming is rich in experts – We trust our Partners, and they trust us, it’s the unification that builds long-term partnerships. We have 2 ears and 1 mouth, use them in that order!
What are the future goals and plans for Wise Gaming? Any upcoming innovations or developments you can share?
Our goal is to continue providing a reliable and robust platform, listening and delivering an innovative and unique solution for each of our Partners.
Innovative Developments – If we tell everyone, they won’t be innovative 😉 However, what I can say is that we are focused on “advanced”, real-time localised AI recommended content both Casino & Sportsbook.
The post Exclusive Q&A w/ Steven Paton, Commercial Director at Wise Gaming appeared first on European Gaming Industry News.
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