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Interview with Dmytro Taran, COO at Slotegrator
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Could you introduce yourself to our readers? What do you do?
I am COO at Slotegrator. I’m responsible for product development, technical part, support, project management office and client delivery department.
What exactly do we mean by technical standards? How do these standards impact the gambling experience for players?
Technical standards in the gambling industry mean that software products have characteristics such as innovation, development speed, the flexibility of new features, and wide platform functionality. We use technical standards and our work based on service architecture to make a valuable product for our clients. All this should be adapted to the needs of clients, as well as being intuitive and easy to use. Our partners’ goals and requirements determine our objectives, and we use technical standards and creativity to create products that meet the needs of the time. Standards in this case are quality criteria for us, as well as helping to keep partners and customers as secure as possible from problems in the gambling industry.
What are some of the most important technical standards that gambling operators should adhere to in order to meet player expectations?
Technical standards for gambling operators today should be integrated with the technological trends: AI, blockchain, VR etc. It’s really a dynamic area and we nonstop adopting it. As I said earlier, technical standards in the gambling sphere form the basis on which quality will be evaluated.
How do you think players’ expectations regarding technical standards have evolved over time? Has it always been something players consciously looked for or is it an only recently emerged concern?
Nowadays players have become more demanding and attentive to detail. And it’s not just about the game, but also the entire casino site and other gambling products. Every element of the business is affected. Players have professional-level expectations, and their requests have multiplied, but the increasing complexity of requests is motivating us to strengthen technically in order to satisfy our customers.
Are there any emerging technical standards or technologies that you think will have a significant impact on the gambling industry in the near future?
Among the top technologies that set the tone for our technical work is blockchain in different applications and artificial intelligence. These are no longer innovations — they’re trends that help us to create the most competitive products. In 2024, I suppose our new technical standard would include AI elements as the fundamental basis.
Also, I would like to mention using artificial intelligence in the operator’s decision-making. It is a great breakthrough for improving customer service in the gambling sphere. On the one hand, machines would replace people, but on the other hand, we could get completely new opportunities for technical improvement to our products that we haven’t discovered yet.
How important is transparency when it comes to technical standards in the gambling sphere?
Regardless of the field, any business’s reputation hinges on transparency. This is also in tune with the technical side of the issue because transparent and responsible businesses simply have more staying power. Slotegrator is committed to transparency when dealing with regulators, our clients, our partners, and ourselves — we’re always clear about what we’ll deliver, how we’ll deliver it, and when. We simply view it as necessary for long-term success.
What role do you see regulators playing in ensuring that gambling operators meet technical standards and fulfill player expectations?
Regulators’ demands are getting tougher. For the most part, they’re concerned with reducing problem gambling rates. Gambling is entertainment, and it’s important to keep it that way by preventing it from becoming a disease. Periodically, new requirements affect the technological side, which makes things more complex. If a company wants to operate in the gambling market, all of these requirements must be met. Our company stands for responsible business, so we always consider all requirements and amendments, and we prepare for each certification very carefully.
And another thing about standards: we always want to be sure that players are visiting a casino of their own free will, without the undue influence of aggressive marketing. Using ID technology, we can evaluate a player’s behavior on the platform and determine if they decided to play on their own. This is a top priority for casinos and platform providers like us, so we make sure to provide technical features to get it done.
Can technical standards limit the ability to innovate and to bring something completely new to the gambling sphere?
In my opinion, the standards are stepping stones. Yes, there are defined frameworks and requirements that must be met, but the challenge of meeting them helps us take the next step on the road to development. We have to work within the framework, but we also strive to adapt our products to meet the requirements. It’s a unique situation that we see as a way to grow.
Combined, it all helps to create amazing innovations that grow the gambling industry as a whole. We are always receiving new cases, researching best practices, and discovering new approaches. And this gives us motivation for development and renewal.
Slotegrator is a responsible business: our products are certified according to the standards of the industry and a certain region. We’re looking to expand the number of certificates for our casino solution platform and aggregator. This will help us to improve the quality of our products and make them even more competitive than now.
How does Slotegrator help gambling operators keep up with technical standards?
We always keep a finger on the industry’s pulse and follow changes at every level — legislative, technical, engagement, marketing, etc. That way, we can help our partners and customers solve any request, and show ourselves as a reliable partner.
What is the secret of Slotegrator’s success?
Slotegrator’s adherence to standards is emblematic of the quality of our products and our ability to adapt technology to fast-changing realities; the way we constantly meet technical standards flows naturally from our team’s undeniable flexibility. We prioritize listening to our customers, complying with regulatory requirements, and working according to the laws of the industry. This is the secret of Slotegrator’s success.
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LOTTOMATICA GROUP S.P.A. CONTINUED STRONG PERFORMANCE IN Q3 2024, WITH ADJ. EBITDA UP +30% VS 2023. ONLINE MARKET SHARE AT AN ALL-TIME HIGH. TARGET SYNERGIES FOR SKS365 INCREASED. GUIDANCE1 FOR 2024 CONFIRMED.
The Board of Directors of Lottomatica Group S.p.A. approved the Condensed Consolidated Interim Financial Statements as of and for the nine months ended 30 September 2024.
Read the full Lottomatica press release below.
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The post LOTTOMATICA GROUP S.P.A. CONTINUED STRONG PERFORMANCE IN Q3 2024, WITH ADJ. EBITDA UP +30% VS 2023. ONLINE MARKET SHARE AT AN ALL-TIME HIGH. TARGET SYNERGIES FOR SKS365 INCREASED. GUIDANCE1 FOR 2024 CONFIRMED. appeared first on European Gaming Industry News.
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Datawrkz, a Nazara subsidiary, acquires majority stake in UK growth marketing agency, Space & Time
Transaction set to fast-track Datawrkz’s ambitious growth plans
Datawrkz, a subsidiary of Nazara Technologies Limited (BSE: 543280) (NSE: NAZARA) has acquired a 100% stake in Space & Time, an independent growth marketing agency with offices across the UK for approximately GBP 4.8 million (~INR 52.3 crores) in cash and stock.
This acquisition is a key move in advancing Datawrkz’s growth ambitions across Europe and North America, positioning it as a scaled player in the global digital advertising market.
The collaboration brings together Space & Time’s expertise in growth marketing, media, and technology with Datawrkz’s strengths in programmatic advertising technology and optimization. This partnership will enable both companies to deliver more impactful digital advertising solutions and drive further expansion, especially in the European and UK markets. Additionally, Space & Time will gain access to Datawrkz’s cutting-edge technology and products, enhancing their ability to deliver effective campaigns and capitalize on growth opportunities in Europe and North America.
Datawrkz was founded in 2013 on the premise that digital advertising can be done better in every way.
Senthil Govindan, CEO and founder of Datawrkz, will join the Space & Time board. He noted, “We are embarking on an inorganic strategy to complement our strong independent growth, and Space & Time is an ideal partner. The cultural alignment and shared focus on delivering value for clients make this acquisition a perfect fit. We anticipate this collaboration will significantly boost growth for both companies, with Space & Time driving our expansion in Europe.”
Launched in 2000, Space & Time has achieved strong revenue growth over the last three years and is one of a select few Google Premier Partners in the UK. Earlier this year, Space & Time chief executive officer, Chris Jones, was named in the ‘CEO and Leaders’ category of the BIMA 100, a listing of the top 100 movers and shakers in the UK’s digital and technology industry.
Chris Jones adds: “The company was founded with very clear principles focussed around client success. I’m incredibly proud to say these are more intrinsic and fundamental to our values than ever. The challenge was to find an investor that shares this passion for client-centricity and that’s exactly what we’ve found in Datawrkz. As two fast-growing and specialist businesses, the potential between us made this the perfect match and the investment in key areas such as data and technology that this deal brings will help future-proof our clients’ business as we continue to grow.
The deal represents an exciting new chapter in the Space & Time story as we partner with Datawrkz to bring new opportunities to clients. We’re excited for all that lies ahead.”
The post Datawrkz, a Nazara subsidiary, acquires majority stake in UK growth marketing agency, Space & Time appeared first on European Gaming Industry News.
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Affiliates react to Autumn budget announcement
Richard Moffat, CEO, OLBG “We were initially worried about the rise in remote gaming duty rumours, as operators would likely have swallowed these costs by rolling out worse products, worse pricing and fewer offers for gambling consumers. When this happens, punters consider switching to the black market, where friction is lower because player protection is non-existent and taxes are not always being paid.
“The new Labour government has avoided this scenario by keeping tax rates consistent, which will come as a relief to many businesses in the sector that were preparing for the worst, and is ultimately great news for the consumer. The British horse racing industry will also breathe a sigh of relief as any increase in taxes may well have hit their income at a time when many stakeholders are in need of revenue growth.
“Trust in the former Conservative government was damaged by the election betting scandal, and Labour still have their work cut out, according to our latest survey with YouGov.
“Respondents didn’t differentiate vastly between the parties, with more than one-quarter (27%) suggesting that Labour will do no better at regulating gambling than the Conservatives. Only time will tell, but the budget has shown that gambling is some way down Labour’s new list of priorities.”
Jamie Walters, CEO and co-founder, QiH Group “The speculation proved to be just that, as an anticipated rise in remote gaming duty never materialised. While the industry clearly avoided a worst-case scenario, that does not necessarily mean this was a good budget for business.
“The rise in employer National Insurance contributions will be difficult for many small to medium-size businesses, but is at least in keeping with Labour’s pledge to protect the general working public from tax hikes.”
Neil Roarty, head analyst, ClickOut Media “Two weeks ago, when speculative proposals on taxation of the industry were announced, they had a huge deleterious impact on the market, with a total of £3.5bn in stock value lost by the industry’s biggest giants.
“These proposals never arrived, and may not even have been considered by Labour, which has pushed a gaming duty review back to next year. Gambling stocks have already bounced back as something of a correction, with Entain up 8% for example.
“This will come as a welcome surprise for the industry, and also for consumers, who would have been forced to shoulder the cost on behalf of bookmakers. The tobacco and vaping industry was in the ‘vice’ sector crosshairs instead on this occasion.”
The post Affiliates react to Autumn budget announcement appeared first on European Gaming Industry News.
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