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News just in: Online gambling, betting banned in Andhra Pradesh

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According to the cabinet’s decision, the organizers of online gambling will have to go to jail for a year, in addition to the crime for the first time.

The Andhra Pradesh government on Thursday (3 September) has decided to ban online games such as rummy and poker ‘for the protection of the youth’. Information Minister Perni Venkataramaiah (Nani) said that the state cabinet headed by Chief Minister YS Jagan Mohan Reddy has decided to ban online gambling.

Giving information to the journalists of the cabinet meeting, Perni Venkataramaiah said that nowadays online gambling has become one which is ‘misleading’ and harming the youth. Perni Venkataramaiah said, so we have decided to ban all such online gambling to protect the youth.

“So we have decided to ban all such online gambling to protect the youth,” Information Minister said.

According to the cabinet’s decision, the organizers of online gambling will have to go to jail for a year, in addition to the crime for the first time. The second offense will carry a prison sentence of up to two years with a fine. The minister said that those caught playing online games will face a jail term of six months.

The decision came after the government has banned Chinese mobile apps (India bans 118 Chinese Apps) amidst the ongoing tension between India and China. This time 118 mobile apps have been banned, including the popular gaming app PUBG banned in India. The government has banned them citing national security. Chinese apps that are banned this time include mobile apps such as Livik, WeChat Work and WeChat Reading, Applock, Carrom Friends, besides PUBG.

The ministry has said in its statement that it had received many complaints about these apps. We had received several reports that some mobile apps on Android and iOS platforms were stealing users’ data and constantly passing them illegally to their servers located outside the country.

Source: India.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: News just in: Online gambling, betting banned in Andhra Pradesh

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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TVBET and Klas Platform Tie Up Partnership

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The leading B2B provider TVBET has secured the latest stage of its global growth strategy after inking a partnership with the Klas Platform. This partnership is an outstanding achievement extending the companies’ reach and strengthening their positions in the world igaming market. 

TVBET has been providing top-notch live-games for casinos and betting operators since 2016. During this time, the B2B provider has won the trust of 170+ partners and continues to develop and improve its services. The TVBET products are high-quality TV-games with live dealers that attract attention with their simplicity, beautiful image, and round-the-clock performance. The cooperation of TVBET and Klas Platform will allow the companies to strengthen their positions, expand horizons, and provide partners with even more high-quality products.

Klas Gaming Network is a full spectrum company aimed at creating completely modified and flexible software solutions for the igaming industry operators. The company offers its clients a full arsenal of igaming services such as sports betting, CasinoEngine, live casino, risk management, anti-fraud and full odd management software, etc. And recently, live-games from TVBET have become available virtually on all the Klas Gaming Network services. Punters can now stake bets on TVBET’s games on the following Klas Platform sites: Pokerklas, Jestbahit, Caddebet, Monobahis, etc.

TVBET’s top-performing live-games will diversify Klas platform’s products portfolio and offer partners a wide range of exceptional services. This is a spectacular step for both companies that will evolve into a fruitful and successful symbiosis.


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: TVBET and Klas Platform Tie Up Partnership

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Trading the past for the future – an AllSported white paper

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Another lockdown has come and gone in the UK and luckily the good news and main difference from the first global shutdown is the continuation of major sporting events, including all racing, taking place behind closed doors. While not only is this good for our own mental health to get through the colder winter days, it is also critical for our industry.

The lack of elite sport throughout March, April and May was crippling for many. AllSported, the leading trading racing trading solution from Racing Post, recently released a research paper – Trading the past for the future – looking at the state of play in the trading industry post lockdown. The paper discusses how the exchanges are playing a huge role in pricing and look at what is next for the trading floor.

The damage from a complete wipeout of sport and of course the wider economic issues resulting from a global pandemic are still to be played out in full. While the gambling world is most definitely not bulletproof to wider economic factors there is a sense that this is not the only cause in the dropoff. As part of the research contributors from Banach Technology and TXODDS, partners in AllSported, take a deep dive into how the pandemic is highlighting changes across the trading landscape.

The paper discusses how horseracing bookmaking is a different beast and the nuances involved aren’t being accounted for with ready-made solutions. The AllSported team spent some time speaking to both operators and platform providers and have come up with what they agree to be the main issues. The panel assembled came up with varying opinions throughout the research paper.

Key researcher and Head of Trading Solutions Alan Casey discussed the depth of the white paper and the effects of 2020 on horseracing trading saying:

‘2020 has been a year like no other but from our research, we’re seeing that this year has accelerated change that was already taking place rather than completely changing the direction of the industry. We now know customers have more time to expect the best customer experience and will no longer accept the norm across any industry and that includes betting.

‘We’ll be discussing the findings at this weeks Betting on Sports America conference and we’re excited to share what we’ve found and how that’s going to shape racing trading going forward.’

Download AllSported, Trading the past for the future from Spotlight Sports Group here.


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: Trading the past for the future – an AllSported white paper

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PRAGMATIC PLAY HAS INKED A NEW AGREEMENT WITH PIN PROJEKT’S SPORTS BETTING BRAND WWIN

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Pragmatic Play, a leading game content provider to the gaming industry, has signed an agreement with Pin Projekt that will see its full portfolio of award-winning slot content made available on the operators WWin brand.

The European sports betting brand will see its online casino offering boosted by Pragmatic Play’s expansive slot collection, including latest hit Christmas Carol Megaways, as well as the multi-award-winning Wolf Gold and fan-favourite Deluxe series.

Under the agreement, WWin customers will also have access to Pragmatic Play’s suite of player engagement tools, Enhance, which is proven to increase customer retention and acquisition.

Lena Yasir, Vice President at Pragmatic Play, said: “We’re constantly looking to expand our European presence, and are delighted to have signed this agreement with Pin Projekt to supply our slots to its leading sports betting brand, WWin.

“Our slot portfolio continues to grow and adds exciting revenue opportunities for operators through the diverse content which appeals to players of all tastes and demographics.”

Ivan Grkovic, Chief Commercial Officer at Pin Projekt, said: “We’re thrilled to have agreed a deal with Pragmatic Play to take their entire slot offering live.

“We’re always looking for ways to grow our offering and deliver the best possible experiences to our customers and onboarding Pragmatic Play’s slot portfolio will take our casino products to the next level.”

Pragmatic Play currently produces up to five new slot titles a month, as well as delivering Live Casino and Bingo products through its multi-vertical offering. The company’s entire portfolio is available through a single API integration.


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: PRAGMATIC PLAY HAS INKED A NEW AGREEMENT WITH PIN PROJEKT’S SPORTS BETTING BRAND WWIN

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