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Spanish and Portuguese gambling industry in focus at EGC Milan 2019 experts from Grupo R. FRANCO and Rato, Ling, Lei & Cortés Law Firm

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Major gambling industry markets such as Spain and Portugal to be analyzed by leading experts at EGC Milan 2019!

 

News about the gambling industry in Spain and Portugal has been trending on all gaming media outlets and in the past 4 years, the industry has been booming in these two jurisdictions.

A study, conducted by The Portuguese Association of Gambling and Online Games (APAJO), has revealed that there are between 400 and 600 thousand individual bettors online in Portugal, which represents between 4.6% and 6.9 % of the adult population in the country.

The study titled “Online Gambling in Portugal – The Best Bet for the National Regulatory System” prepared at the request of APAJO by Winning Scientific Management has shown that the Portuguese market had grown in a balanced way and in line with the European markets analyzed. It cautions, however, that licensed operators need more protection at the level of unlicensed game combat mechanisms and the information provided on the sector would be more detailed and comprehensive.

Online gambling has only been available in the country for a few years, but it has quickly grown to become very popular.

The statistics from the Serviço Regulação e Inspeção de Jogos do Turismo de Portugal have revealed that the country’s online gambling market enjoyed its best-ever quarterly performance at the start of this year, generating revenues of more than €47 million in the three-month period which ended on March 31st.

The online gambling market appears to be thriving in Europe at the moment and these new figures concerning Portugal only seem to reinforce that fact. Revenues in the country have seen a significant jump in the past 12 months and all eyes will be on whether it can ultimately keep up this pace in the months and years ahead. It is undoubtedly an intriguing time for the industry and it will be interesting to see just what comes next.

More than half of the revenue was specifically generated by betting, with football accounting for almost 75 percent of online wagering. This put the sport well ahead of its nearest rivals including basketball and tennis. In terms of gaming, revenues were up to €22.6 million with gaming machines – or slots – accounting for more than 63 percent of that. Trailing behind were other games such as online roulette and blackjack.

The gambling industry in Spain is also an increasingly attractive market for operators and suppliers alike; with bright forecasts for the market’s future following its regulation in 2012.

Spain’s current expansion is unprecedented and records show a 20.10% increase in terms of GGR, mostly due to the ever-growing popularity of sports betting online, which is currently above 25% in GGR.

Of course, there’s an increase in new customers, but we’re also seeing an exponential trend of players becoming ambassadors for the transition to online, which is, in turn, the catalyst for a very interesting multiplier effect within their own social circles, with more of their friends signing up to the digital world as a consequence. This is definitely indicative of the new generation of players getting involved in iGaming – and represents fantastic potential beyond the traditional bastion of sports betting.

Read: Spain: A new bull market? Exclusive interview with Ruben Loeches, CMO at R. Franco Group

At European Gaming Congress (EGC) we are bringing together key industry experts from Spain and Portugal in order to have a quality discussion about what operators need to know when entering the market or if they are already active in the region, what they should do in order to improve their presence.

The discussion will take place in Milan on the 8th of November at Radisson Blu Hotel Milan.

You can register here or view the agenda here!

The Spanish and Portuguese gambling industry will be discussed during the “Highlights from South West Europe” compliance panel discussion which is moderated by Andrius Gabnys (Attorney At Law – Gabnys Law Firm)

The Spanish gambling industry update will be presented from two angles by leading local experts Javier Sacristán (Digital & Operations Director at Grupo R. FRANCO) and the already announced Willem van Oort (Founder of Gaming in Holland / Gaming in Spain)

The Portuguese gambling industry update will be presented by Óscar Madureira (Senior Associate at Rato, Ling, Lei & Cortés).

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in Europe via the EGC platform every year.

Register here!

About Andrius Gabnys – Attorney At Law – Gabnys Law Firm (panel moderator)

Andrius Gabnys is an attorney-at-law and a managing partner at Gabnys Law Firm, a legal boutique based in Vilnius, Lithuania, and Tallinn, Estonia. The Firm specializes in entertainment (gambling, media, arts) and technology (IT, cybersecurity) legal aspects. Andrius Gabnys has been working in the online gambling sector for over 10 years and focuses on the multijurisdictional licensing, IP and related matters. He has extensive experience dealing with the gambling authorities in Europe, CIS countries, Africa and South America.

About Óscar Madureira – Senior Associate at Rato, Ling, Lei & Cortés

Óscar is a Senior Associate at Rato, Ling, Lei & Cortés in charge of the Portuguese office, and is a member of the Macau Lawyers Association, the Portuguese Bar Association and the Hong Kong Institute of Arbitrators (HKIA).

Before joining the firm, he was a Senior Legal Counsel for Melco Resorts and other law firms in Macau.  He was also a Legal Consultant for Porto City Hall, for the Portuguese National Traffic and Transportation Department and for the Honorary Consulate of the Republic of Guinea-Bissau in Portugal.

He is a member of the Scientific Council of the Rui Cunha Foundation, a lecturer and consultant at the Centre for Reflection, Study and Dissemination of Macau SAR Law (CRED-MD) and a guest lecturer at the University of Saint Joseph, Macau.

About Javier Sacristán – Digital & Operations Director at Grupo R. FRANCO

Javier Sacristán has a bachelor’s degree in Business Administration and Management from the University of Southern California. Throughout his career he has held different key positions in the start-up arena and in consolidated gaming companies, contributing his digital expertise. At present, he is Digital & Operations Director at R. Franco Group.

For more details browse the official event website here:  www.europeangamingcongress.com

 


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: Spanish and Portuguese gambling industry in focus at EGC Milan 2019 experts from Grupo R. FRANCO and Rato, Ling, Lei & Cortés Law Firm

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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Chengdu Set to Host BLAST Dota Slam Arena Event This December as Part of Three-Year Deal

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Competitive entertainment company BLAST has announced its debut arena event in mainland China with the BLAST Dota Slam Chengdu, set to take place 5–7 December 2025 at the Wuliangye Chengdu Performing Arts Centre, in collaboration with the Chengdu Television and Media Company.

The world’s best Dota 2 teams will battle it out for glory and a $1,000,000 prize pool, in front of thousands of fans inside the arena and millions more watching across the globe. The event will be broadcast live in more than 50+ territories and 30+ languages, further showcasing Chengdu on the global esports stage.

The event will be delivered as part of a close partnership and multi-year agreement with Chengdu Television and Media Company, with follow-up tournaments to be confirmed for in the future.

The Wuliangye Chengdu Performing Arts Centre is a state-of-the-art, 12,000-seat venue designed to host world-class concerts, live performances and major entertainment events.. As one of Chengdu’s landmark cultural venues, the Centre features cutting-edge facilities and versatile design, reinforcing the city’s reputation as a global destination for entertainment and live experiences.

The partnership with Chengdu Television and Media Company will ensure the event combines BLAST’s world-class production with strong local storytelling and cultural integration. This collaboration marks a significant moment in the development of esports in Chengdu, supporting the city’s ambitions to position itself as a hub for live entertainment and competitive gaming in Asia. The city is also set to host the 2025 League Of Legends World Championship Final in Chengdu in November 2025, and has a long history of hosting esports events right back to 2009.

James Woollard, Director of Market Development at BLAST, said: “We are incredibly proud to bring BLAST’s first ever event in mainland China to Chengdu; a city with rich culture, cutting-edge infrastructure, a history of live entertainment and a growing reputation for gaming and esports. Entering the buoyant and growing Chinese esports and gaming space – one of our fastest growing viewership markets – is hugely important, and partnering with Chengdu Television and Media Company allows us to combine our global competitive entertainment pedigree with trusted local expertise to deliver something truly special. The Phoenix Mountain Sports Park Arena is a phenomenal venue, and we can’t wait to create landmark esports moments there this December as part of a multi-year partnership.”

Zhou Wenwen, General Manager of Chengdu Broadcasting Film and Television Group, said, “We are very glad to cooperate with BLAST and bring a world-class esports experience to Chengdu. The BLAST Slam is not only a competitive feast for fans all over the world, but also an important opportunity to showcase Chengdu as an international cultural, sports and entertainment destination. We believe that the cooperation between the two sides in the next three years will surely inject strong fuel into the development of the esports industry in Chengdu and make significant contributions. “

BLAST Dota Slam Chengdu is expected to deliver significant economic and cultural impact for Chengdu. Esports has become a powerful platform for cities worldwide, attracting young and engaged visitors, driving tourism and investment and reinforcing international visibility.

With major BLAST events in 2025 already staged in Rio, London, Lisbon, Austin, Boston, Singapore and Hong Kong, Chengdu now joins the global circuit of landmark esports destinations.

The first direct invites for the event have been announced with Tundra, Heroic, Team Spirit, Team Falcons, Parivision and Team Liquid all set to compete for a spot in the BLAST Slam Chengdu in December.

Fans can sign up at BLAST.tv to be the first to receive ticketing updates, exclusive news and pre-sale access for BLAST Dota Slam Chengdu.

The post Chengdu Set to Host BLAST Dota Slam Arena Event This December as Part of Three-Year Deal appeared first on European Gaming Industry News.

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New slot Azteca Gold Collect: Guaranteed Wins and Respins

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Red Rake Gaming launches its latest title, Azteca Gold Collect, a vibrant and thrilling video slot that transports players to the heart of the ancient Aztec civilization. With colorful visuals and action-packed gameplay, this 5×3, 25-payline slot is designed to deliver a gaming experience full of surprises, accumulating wins, and innovative features.

At the core of the game are the Azteca Gold symbols, appearing on reels 1 to 4 and each containing individual win values. When an Azteca Collect symbol lands on reel 5, it instantly gathers all visible Azteca Gold values, awarding the total as an immediate win to the player. But that’s only the beginning.

During the base game, several Collect-type modifiers can be triggered, significantly boosting win potential:

  • Azteca Plus adds an extra amount to each Azteca Gold symbol before collection.
  • Azteca Multiplier applies a multiplier to all Azteca Gold symbols on the screen.
  • Azteca Expand transforms any reel containing Azteca Gold into a full reel of Azteca Gold symbols, each with a random value.
  • Azteca Respin locks all Azteca Gold symbols in place and awards a respin, increasing the potential win.

The Free Spins feature is activated by landing three BONUS symbols on reels 1, 3, and 5, awarding 16 free spins. During this feature, Azteca Gold and Collect symbols remain active, but with an exciting twist: all wins from Azteca Gold symbols are added to a special pot, even if no Collect symbol lands on that spin. At the end of the feature, the accumulated pot is transformed into a giant Azteca Gold symbol, which is placed back on the reels for one final respin. If a Collect symbol appears on that spin, the player wins the entire accumulated amount!

Additionally, landing three BONUS symbols during the free spins awards 8 extra spins, extending the excitement and winning opportunities.

With its powerful mix of instant wins, special features, and a free spins feature with an accumulating pot, Azteca Gold Collect is the perfect addition for operators seeking visually stunning, entertaining slots packed with high-performing mechanics.

With this new release, Red Rake Gaming continues to expand its portfolio with dynamic and innovative slots designed for all markets. As with the rest of the company’s games, this slot is fully integrated into Red Rake Gaming’s renowned tournament tool, further enhancing player engagement and entertainment.

The post New slot Azteca Gold Collect: Guaranteed Wins and Respins appeared first on European Gaming Industry News.

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Claim the Crown in Royal Blaze from ICONIC21

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Think you can handle the heat? Then take the reign of fire in Royal Blaze, the latest classic slot release from in-demand iGaming content provider, ICONIC21.

This is a game of thrones where players do battle across a 3×5 reel kingdom and where five paylines remain active at all times.

Royal Blaze really does burn with fire and intensity – every spin feels alive, driven by the game’s bold design and a rhythm that builds and builds, and never slows down.

But there are some important symbols to collect along the way.

The Crown Wild expands filling the reel and lifting the action and big win potential higher and higher.

Then there are Scattered Diamonds in classic blue and yellow, and they pay wherever they land.

Royal Blaze is sleek, radiant and made for discerning players who want their gameplay to be sharp, confident and with plenty of heat.

As with all the provider’s slots, Royal Blaze is offered in real-money and social/sweepstakes formats to meet the demand it’s already experiencing from both types of operators for its existing suite of games.

Edvardas Sadovskis, CPO at ICONIC21, said: “Royal Blaze is a slot that rolls out the red carpet and turns up the heat for players looking to take the big win crown.

“This is a classic slot that’s all about Wilds and Scatters, both of which amp up the action and put players on the edge of their thrones.

“This is a great addition to our growing portfolio of classic slots, which has been curated to not only meet but exceed player and operator expectations.

“We look forward to seeing if players can indeed handle the heat and claim the great riches that come with being able to do so.”

The post Claim the Crown in Royal Blaze from ICONIC21 appeared first on European Gaming Industry News.

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