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The Most Common Misconceptions About Online Casinos
When compared to traditional land-based casinos, online casinos are a relatively new trend. While land-based casinos have been around for decades, online casinos just became popular some years back. Because of this, there are a lot of misunderstandings and misconceptions that many people hold about online casinos. Some of the most common misconceptions include:
Theyāre boring
This is a big misconception that is mostly held by people who havenāt played at an online casino. While online casinos do not have a physical location, this doesnāt mean that they are boring. In fact, they are far from that. They are fun, interesting, and as engaging as land-based casinos.
In fact, most online casinos have a wider selection of games for you to choose from than land-based casinos. There are many variations of games that you can find there and no matter your preferences, you are sure to find something to catch your attention. Many online casinos have more variations of games that you would find at land-based casinos, and this gives you a wide range of options.
The Sites Arenāt Secure
This is another genuine concern that a lot of people have about online casinos. They believe that the sites arenāt secure and are basically sitting ducks waiting to be hacked. While this misconception is understandable because nobody wants their data stolen from a website, it is a misconception.
This is because online casinos also do not want their data stolen by hackers and a hacked website also means that they canāt operate on the site, and this means that they go the extra mile to ensure that their site is safe from hackers.
Sites like Polskakasyno.com are completely safe and secure from hackers. You can trust that your information is safe.
The Games Are Rigged And You Canāt Win
This may be the biggest misconception about online casinos. Many people believe that online casinos are rigged and that no matter how well you play, or no matter how long you play, you can never win.
This is again, a false belief. The fact is that online casinos are regulated by the authorities, just like land-based casinos. This means that you have the same likelihood of winning in an online casino that you do in a physical casino. Not only are online casinos strictly regulated, but they are also licensed by the authority, and any foul play leaves them at a very high risk of losing their license, which is something that they would try to avoid at all costs. Online casinos arenāt rigged against the players because this is illegal.
Youāll Never Get Paid Real Money
Many people still have reservations about using the internet for financial transactions, so it is understandable that they also have this misconception about online casinos. However, this is also a false belief.
Online casinos are mandated by law to pay your winnings in real money. After all, you played the games with real money so it would be extremely illegal of them to try to pay you in anything but real money. Again, doing this will leave them at risk of losing their license, which would make them have to shut down operations, and you can be assured that they donāt want this.
Online Casinos Encourage Underage Gaming
This is a very valid concern and one that deserves to be addressed. Many people believe that minors will have access to online casinos, unlike land-based casinos where you may be asked to show proof of ID before being allowed to enter the casino.
While this concern is understandable, this is a false belief. This is because when signing up to the casino, you will be required to declare your age and sign a legally binding agreement saying that you are not a minor. Even if a minor manages to skirt this precaution, he would need to provide a means of identification before claiming his winnings.
If he is discovered to be underage, he will forfeit his winnings, and his profile will be deleted from the site. Because a minor canāt claim his winnings, he will be discouraged from playing casinos online since itās pointless. So online casinos actually discourage underage gaming, rather than encourage it.
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Goa Introduces an Entirely Online Lottery Platform
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In a move towards modernising Indiaās lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.
Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. āOur mission is to democratize opportunities through technology,ā Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.
Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. āWith our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,ā Gad remarked. āThe technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.ā
This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.
The post Goa Introduces an Entirely Online Lottery Platform appeared first on European Gaming Industry News.
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Catena Media Announces Board Changes
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Catena Mediaās board of directors announced the appointment of Stephen Taylor-Matthews as non-executive director and the departure of Ćystein Engebretsen from the board of directors.
Based in London, Stephen Taylor-Matthews is a tech entrepreneur, executive advisor and investor with over two decades of experience in online gaming, sports betting and data analytics.
He is the founder of Polynate, an AI-first company delivering next-generation sports engagement solutions, and has worked at Underdog Fantasy, GoatGaming and Betgenius in previous roles.
Stephen Taylor-Matthews commented: āCatena Media is in a transformation phase and Iām excited to be joining the board at this juncture and to contributing my industry expertise and insight.ā
The appointment coincides with the departure from the board of Ćystein Engebretsen, who has served as non-executive director since September 2018.
Erik Flinck, Chairman of the Board of Directors, said: āĆystein has made a valuable and important contribution to Catena Media for more than six years. I warmly thank him for his efforts and wish him well in his current and future ventures. At the same time, I am delighted to welcome Stephen Taylor-Matthews to the board. His experience and expertise will be a valuable asset for Catena Media as we move forward.ā
Stephen Taylor-Matthewsā appointment will become effective once all necessary filings are made with the Malta Business Registry, and his term will run up until the end of the next annual general meeting, in accordance with the Maltese Companies Act and Catena Mediaās articles of association.
The post Catena Media Announces Board Changes appeared first on European Gaming Industry News.
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Endorphina Partners with R. Franco Digital to Expand Reach
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The leading online slot games provider, Endorphina, has announced a brand-new partnership with R. Franco Digital, a renowned manufacturer of AWP machines. This collaboration allows Endorphina to expand its reach in the Spanish and Latin American markets.
Endorphina is one of the top iGaming software providers for the B2B market, developing online slots that cater to a wide range of slot enthusiasts. Over the years, the provider has established itself as one of the most innovative slot suppliers in the industry, dedicated to expanding its products to players worldwide.
Zdenek Llosa, Senior Partnership Manager at Endorphina, said: āWe are genuinely excited to join forces with R. Franco Digital, a trusted name with a rich legacy in the Spanish and Latin American gaming world. Partnering with a platform that shares our passion for quality and player satisfaction is truly inspiring. Together with the R. Franco team, we look forward to creating memorable, fun experiences that bring joy and excitement to our shared communities across Spain and LATAM. This collaboration feels like the beginning of something truly special.ā
Franco Digital, a subsidiary of the Recreativos Franco Group, has been known for providing its customers with the best turnkey solutions for over 50 years. As a pioneering manufacturer of AWP machines, R. Franco Digital is founded on an innovative company culture that uses the best methodologies and technologies available, working with talented and disruptive people to deliver the best solutions.
āAt R. Franco Digital, we are always striving to enhance our platform with innovative, top-quality content that resonates with our audiences, particularly in Spain and Latin America. Partnering with Endorphina allows us to bring a fresh, engaging catalog of games to our players, combining our platformās power with Endorphinaās creativity and expertise. This collaboration underscores our commitment to delivering premium gaming experiences tailored for Spanish-speaking markets,ā said Javier SacristĆ”n, International Business Director of R. Franco Digital.
The post Endorphina Partners with R. Franco Digital to Expand Reach appeared first on European Gaming Industry News.
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